All Employee Benefits articles in Web Issue – Page 702
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Article
Pay rises for non-executive directors set to end
Pay rises for non-executive directors in FTSE 100 organisations are coming to an end following five years of steady increases, according to research by PricewaterhouseCoopers (PWC).Its Non-executive director fees report found that base pay for non-executive director roles are beginning to plateau, as companies try to keep pay rises for ...
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Article
Now: Pensions partners Staffcare for auto-enrolment
EXCLUSIVE: Now: Pensions has partnered Staffcare for auto-enrolment administration and the distribution of member communications for participating employers.From January 2014, employers will be able to access a Now: Pensions portal, which will be hosted by Staffcare.The portal will:Handle and distribute communications to employees for each category of worker.Manage and record ...
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Article
Employers plan benefits strategy changes in 2014
Nearly one in six (59%) respondents plan to change their benefits strategy in 2014, according to research by Edenred.Its Benefits insight: trends for benefits in 2014 research, which surveyed almost 100 HR and reward professionals, found that 69% plan to increase the number of benefits they offer in 2014.Nearly three-quarters ...
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Article
Employee Benefits Awards celebrate total reward
Does your organisation’s benefits strategy go far beyond simply offering a package of perks to employees?The Employee Benefits Awards category ‘Best total reward strategy’ will be looking to recognise an entrant which has successfully integrated its reward offerings into a single total reward strategy.A total reward strategy can include: pay ...
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Article39% of HR professionals value own perks
The Employee Benefits Salary survey 2014, which questioned 361 people who are responsible for managing benefits and reward in UK organisations, found that 50% are only somewhat satisfied, while 15% are neither satisfied nor dissatisfied, 13% are somewhat dissatisfied and 3% are highly dissatisfied.However, more than one-third (39%) said they ...
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Analysis
What are the legal requirements for auto-enrolment communications?
Communication must include:A statement that the employee has been, or will be, automatically enrolled into a pension scheme.The enrolment date.Details of the pension scheme provider.The value of both employer and employee contributions.If it is a defined contribution pension scheme, the employer must advise staff of the phased increases as a ...
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Opinion
Online opinion only - Trevor Rutter: Feel, as well as hear, in benefits communication
I think it’s important to add that, as with all benefits communication, we must be careful not to fall into the trap of concentrating all our efforts on communicating the features of what is on offer.Yes, we all need to understand the facts: what we need to do and when. ...
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Article
Royal Bank of Scotland appoints Carol Young
She previously spent nearly five years as pensions manager at Heineken UK, and almost 10 years as an investment consultant at Mercer.
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Article
Costa Coffee appoints Jo Rackham
She has held various roles at the coffee chain’s parent company, Whitbread, since December 2000, including head of HR projects, head of central HR, head of reward and analysis, group reward manager, and HR processing and reward manager.Before joining Whitbread, Rackham was operational resourcing adviser at Beefeater Restaurant and Pub, ...
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Case StudiesUnited Response took extra time to communicate auto-enrolment message
Many of the organisation’s 3,500 employees were already in its stakeholder pension scheme, but a further 1,451 were auto-enrolled on 1 October, postponed from its staging date in July 2013.Diane Lightfoot, director of communications and fundraising at United Response, says: “We did our first briefing in April. We knew we ...
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Article34% of employees received a pay rise in 2013
Only a third (34%) of respondents nationally received a pay rise in 2013, according to research by recruitment website Reed.The Reed 2014 Salary and market insight report, which surveyed 2,500 employers and employees, found that only 24% of employee respondents received a bonus in 2013.The research also found that nearly ...
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Article
Extend your expertise with Employee Benefits Academy’s 2014 courses
The Employee Benefits Academy’s 2014 courses are open for registration.A joint venture between Employee Benefits magazine and Total Reward Academy, the Employee Benefits Academy provides expert, practical training in benefits and compensation management.The benefits courses for 2014 will take place on:7 – 11 July.20 – 24 October.These comprise:Day One – ...
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Article
Virgin Media partners Evans Cycles for charity support
Virgin Media has partnered Evans Cycles to support disability charity Scope.The media organisation has offered employees a bikes-for-work scheme provided by the cycling retailer as part of its voluntary benefits offering since 2011.Through the partnership, a percentage of Virgin Media’s employees’ initial bikes-for-work order has been donated to purchase a ...
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Article
Gain recognition for pension auto-enrolment strategies
Pensions auto-enrolment has also been a huge area of focus for many employers over the past year and this looks set to continue into 2014.To reward and recognise all the hard work employers have invested in this, we have introduced the category ’Best pensions auto-enrolment strategy’.Employers are encouraged to enter ...
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AnalysisHealthcare benefits to address depression in the workplace
If you read nothing else, read this…One in five adults in the UK experience anxiety or depression.Line manager training and online assessment tools can help employees to manage depression.A support programme to address depression can integrate all healthcare benefits.This finding, together with the detrimental effect winter can have on employees’ ...
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Article
Friends Life updates auto-enrolment product
Friends Life has updated its pensions auto-enrolment product to meet the needs of organisations that are staging in 2014.The updated product aims to offer employers greater flexibility, choice and service options. Depending on their needs, employers will now be able to select from auto-enrolment services ranging from a basic qualifying ...
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Article
BBC's DB pension deficit rises to £2bn
The BBC’s defined benefit (DB) pension deficit has risen, from £1.1 billion in 2010 to £2 billion at its 2013 triennial valuation.To fund the deficit, the trustees have asked the BBC to increase the additional contributions it makes to the scheme.Over the next four years, the BBC’s deficit contributions will ...
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Article
Swiss Re extends incentives for energy efficiency
Swiss Re has extended its financial support for employees globally who reduce their personal carbon dioxide (CO2) footprint.Its COyou2 programme has been extended for a period of seven years, ending in 2020 in line with the reinsurer’s current climate strategy.The programme aims to raise awareness among Swiss Re employees about ...
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Supplier article
Health Shield donates a healthy sum to Beating Bowel Cancer UK
Staff raised more than £4,000 in 2013, which Health Shield has matched — resulting in a total contribution by the Friendly Society of £8,008 to the charity. In total, more than £16,000 has been donated to Beating Bowel Cancer UK.Rachel Thomas, community fundraiser for Beating Bowel Cancer’s North West division, ...
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Opinion
Kuljit Kaur: Staff motivation and morale issues in the NHS
HR professionals in the NHS must examine how to get the best value out of their employee benefits and incentive budgets to deliver tangible results.While pay hits the headlines, studies show that the main reason employees leave an organisation is lack of recognition, with our recent NHS Employee survey finding ...