All Employee Benefits articles in Web Issue – Page 708
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Article
Book a date in your diary for the Employee Benefits Awards 2014: 27 June at HAC, London
So now is a good time to start planning your diary and book in the Employee Benefits Awards on 27 June.This glittering lunchtime event, followed by all the fun of the fair in the summer sunshine (we hope!) is a must attend for all the the benefits industry.Booking for the ...
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Article
HMRC changes policy on recovery of VAT on DB pensions
HM Revenue and Customs (HMRC) has changed its policy on the recovery of input tax paid on the management of pension funds, following a decision by the Court of Justice of the European Union (CJEU).In the case Fiscale Eenheid PPG Holdings BC cs te Hoogezand (PPG), a Dutch employer, PPG, ...
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Article
Metropolitan Police launches voluntary perks
The Mayor’s Office for Policing and Crime (MOPAC) has launched a voluntary benefits programme for the Metropolitan Police Service’s 45,000 staff.The Met Rewards programme, which is provided by Xexec through a framework agreement, is also available to elected local policing bodies and other police authorities for UK police forces, the ...
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Article
Ricoh Europe appoints Donna Nind
She has joined from CSC, where she had worked for eight years, most recently as senior manager, compensation and benefits for the UK, Ireland, the Netherlands and the Nordics.Nind’s other previous roles at CSC have included compensation and benefits manager for the UK and Ireland, compensation and benefits specialist for ...
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Article
Come to global benefits sessions at Employee Benefits Connect
Global reward and benefits sessions will be on offer as part of Employee Benefits Connect 2014.Experienced international benefits and reward directors will be speaking on topics such as:How to obtain value with a global workforce when budgets are strained’What to expect in global mobility compliance’‘Global wellness initiatives: long-term employee commitment ...
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Carillion appoints Trevor Sparrow
He was previously head of international pensions and benefits at Lloyds Banking Group.With more than 30 years’ experience in the industry, Sparrow’s roles have included pensions manager at Lloyd’s Register, principal consultant of international pensions at KPMG, international pensions manager at JP Morgan Chase, head of pensions and benefits for ...
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AnalysisWhat is a relevant life policy?
Key points about relevant life policies:A relevant life policy (RLP) provides life cover outside of the structure of a registered pension scheme.An RLP’s death benefits do not form part of an employee’s lifetime allowance, so does not trigger a tax charge.The premiums of an RLP do not form part of ...
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Article
Nissan UK appoints DB pension administrator
Nissan UK has appointed Capita Employee Benefits to provide pensions administration services to its defined benefit (DB) pension scheme.The services, which are part of a five-year contract, went live on 3 February 2014. Nick Burns, chief executive of Capita Employee Benefits, said: “Working with Nissan is a significant new contract ...
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Case StudiesDavid Thorpe discusses his favourite staff benefits at East Coast Mainline
“I started on a casual basis for six months doing luggage assistance, then I applied for a full-time permanent role as a station customer services assistant, despatching trains at Peterborough,” he says.Thorpe’s favourite benefit is the bikes-for-work scheme, which is available via a salary sacrifice arrangement through the organisation’s voluntary ...
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ArticleAdvisers believe employers are disengaged with auto-enrolment
Two-thirds (65%) of respondents believe employers are disengaged with auto-enrolment, according to research conducted by financial research organisation Defaqto on behalf by Now: Pensions.The research, which surveyed 264 independent financial advisers, found that 89% of respondents are concerned that employers lack the knowledge to make informed decisions about the appropriate ...
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Article
Whitbread launches employee assistance programme
Whitbread has launched an employee assistance programme (EAP) for more than 40,000 employees.The organisation, which includes brands such as Beefeater, Brewers Fayre, Costa Coffee and Premier Inn, initially trialled the scheme with 4,000 employees.The EAP, which is provided by and charity Hospitality Action and is available across the catering and ...
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Article
EY launches new employee wellbeing programme
EY has launched a new approach to employee wellbeing called Health EY.The programme includes the introduction of mental health first-aiders across the professional services firm.Employees will be trained to act as a first point of call for colleagues who are facing mental health challenges or seeking advice.The organisation has also ...
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Article
Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 30 January to 6 February:1. Language to avoid in pension communications2. Metropolitan Police launches voluntary perks 3. HMRC changes policy on recovery of VAT on DB pensions 4. Bwin.Party to launch new long-term incentive plan 5. OTS publishes recommendations on benefits ...
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ArticleIs the top hat toothbrush the latest dental perk?
Something for the weekend…There could be a new dental benefit hitting the market, which could save employees time before the morning rush-hour commute.A top hat with a hands-free toothbrush netted student Sam Hunter Baxter top prize in an invention competition.The invention, which will be manufactured, can be used on the ...
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Article
DOD’s blog: The word that dare not speak its name
I wasn’t too surprised to discover that the most read article on the Employee Benefits website this past week was ‘Top 10 pension jargon expressions to avoid’. The topic seems to have hit a cord, at least on Twitter (partly because of the great infographic).The one jargon word we did ...
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ArticleWin prizes at Employee Benefits Connect
Delegates who vist Employee Benefits Connect will have the opportunity to win a range of prizes from exhibitors.At the event, which will be held at the Park Plaza Westminster Bridge Hotel in London on 27 Febraury, delegates can fill in questionnaires or simply drop off a business card to be ...
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ArticleDuncan Brown: Economic sense and social sensibility
At the end of December 2013, the GMB released research pointing to a 14% national decline in real wages since the start of the recession in 2008, and an average 20% fall in London. General secretary Paul Kenny argued: ”People deserve a decent pay rise after years of attacks on ...
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ArticleB&Q presents case study at Employee Benefits Connect
Employers looking to save money on employee benefits should take inspiration from organisations with a limited benefits budget.Janet Mckenzie (pictured), reward manager at B&Q, will explain how in a session titled Bang for your buck: Keeping your employees happy on a limited benefits budget at Employee Benefits Connect on 27 ...
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Confessions of a benefits manager: Out with the old
After last year’s annual cull, we are a much smaller department and have several spare desks nearby. Unfortunately, the extra spaces have become a dumping ground for anything people don’t know what to do with.I am sick to death of looking at parts of a broken lamp, an ancient binding ...
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ArticleMental health issues cost UK £70bn a year
Mental health issues cost the UK around £70 billion every year, according to research by the Organisation for Economic Co-operation and Development (OECD).Its report, Mental health and work: United Kingdom, found that this figure amounts to a 53% loss in employment and productivity.The report recommends that the government’s new Health ...