All Employee Benefits articles in Web Issue – Page 709
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ArticleNominate your Employee Benefits Professional of the Year
Employee Benefits is searching for this year’s Employee Benefits Professional of the Year.We have received a number of nominations for this Employee Benefits award, but are certain that there are many more unsung heroes of the benefits world who are equally deserving of this title.So, we want to hear about ...
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Barclays increases bonus pool to £2.4 billion
Barclays Group increased its staff bonus pool, from £2.1 billion in 2012 to £2.3 billion in 2013.The bank’s Full year 2013 results showed a rise in total incentive awards for employees, however, overall total incentive awards are still £1.1 billion (32%) lower than in 2010.Incentives for 26,200 employees in the ...
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Astellas Pharma appoints Kate Olley
Olley has 20 years’ experience in reward, including consultant roles at Towers Perrin and Arthur Andersen (both now Towers Watson), European head of reward at ABN AMRO Bank and group head of reward at Standard Chartered Bank.
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Richard Scase to speak at Employee Benefits Connect
The theme throughout Employee Benefits Connect is about looking ahead and preparing for the future.To inspire attendees, the closing keynote session ‘Future of the workplace’ will be delivered by Professor Richard Scase, a leading authority on leadership, futurology, innovation and corporate change.Book your free place at this sessionEmployee Benefits Connect ...
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Dixons Retail appoints reward managers
McCahill will be responsible for all major international reward projects.She has joined Dixons after one year as HR manager at Samsung’s Cambridge Solution Centre, where she managed global reward.She previously held various roles at CSR, including talent and succession manager, and global reward specialist, when she was responsible for global ...
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Article21% of UK workers paid below the living wage
More than a fifth (21%) of the UK workforce is paid below the living wage, according to a report by the Living Wage Commission.Its report, Working for poverty, which provides a detailed analysis of the rise of low pay and working poverty in the UK, found that 5.24 million employees ...
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Article85% see health benefits of bikes for work
More than three-quarters (85%) of bikes-for-work scheme users have noticed an improvement in their health since taking up the scheme, according to research by the Cycle to Work Alliance.The healthy commute research, which surveyed more than 18,000 employees who use the scheme and 700 employers that offer bikes for work, ...
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Madgex adds charity run to wellbeing offer
EXCLUSIVE: Madgex employees will take part in a charity run in March, in the latest in a range of health and wellbeing initiatives the organisation provides to staff.The provider of job board software and CV services has organised a running team for the Sainsbury’s Sports Relief mile on 23 March.Hanna ...
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Case StudiesEast Coast Mainline: The benefits
PensionsA defined benefit scheme, open to new entrants. Employees contribute 11.9% of pensionable pay and the organisation contributes 17.85%.Life assurance is available at four-times salary as part of the pension.A trust-based defined contribution scheme is available for staff who have drawn down their DB pension but continue to work for ...
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ArticleJohn Hayhurst, from East Coast Mainline, on HR change on the railways
He was previously head of HR at National Express, during the two years when Great North Eastern Railway (GNER) was part of the National Express Group. He has also been an HR business services manager at GNER, formerly part of British Rail.Hayhurst, who has worked in the railway industry for ...
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Winners of the Corporate Adviser Awards 2014 announced
Employee Benefits’ sister publication, Corporate Adviser, announced the winners of its annual awards on 12 February at the Grosvenor House Hotel in London.Lorica Employee Benefits was named corporate adviser firm of the year, while corporate adviser small firm of the year was awarded to Mazars Employee Benefits.The winners also included:Pension ...
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ArticleGovernment publishes response to auto-enrolment consultation
The government has published its response to a consultation on exceptions to the employer duties around pensions auto-enrolment.The consultation, Technical changes to automatic-enrolment: public consultation on draft regulations and other proposed changes, which was published in March 2013, described proposals to insert a clause in the Pensions Bill to provide ...
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ArticleVodafone's Paul Bissell to speak at Employee Benefits Connect
To create an effective and attractive employee value proposition (EVP) employers should understand what employees really want and ensure they understand the value of what they receive.Paul Bissell (pictured), head of reward at Vodafone, will explain how understanding the different values of a workforce is important to how an EVP ...
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ArticleLloyds Banking Group reduces bonus pool
Lloyds Banking Group has reduced its bonus pool, as a percentage of pre-bonus underlying profit before tax, from 12% in 2012 to 6% in 2013.Its 2013 Full-year results showed that its group chief executive, Antonio Horta-Osorio, received an annual performance award of £1.7 million in shares, which is subject to ...
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Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 6-13 February:1. A quick guide to employee benefits tax2. HMRC to change share plan administration process 3. How to motivate lower-paid staff in high-pay cultures 4. Barclays increases bonus pool to £2.4 billion 5. Nearly one million UK workers suffer long-term ...
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DOD's blog: Creative, fun ideas on pensions
We are seeing a fundamental shift in the way leading employers are talking about pensions to their staff. I have seen some pretty impressive, creative ideas out there.Last week I blogged about whether ‘pensions’ is a problem word or not (a rose by other name, would smell as sweet - ...
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ArticleShare the benefits love this Valentine's Day
Something for the weekend…Valentine’s Day is the day to share the love you have for your significant other.But employers could take advantage of Cupid’s favourite day of the year by offering a range of employee benefits to promote the blossoming of love.For example, organisations could help staff make savings on ...
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HMRC to stagger real-time information penalties
HM Revenue and Customs (HMRC) has announced it will stagger the introduction of real-time information (RTI) penalties.Its new automatic in-year Pay-As-You-Earn (PAYE) penalties for late filing and late payment and in-year interest, which is charged on tax and national insurance contributions that are paid late during the year, were due ...
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ArticleBupa to put the spotlight on mental health at Employee Benefits Connect
Bupa will put the spotlight on mental health during a roundtable discussion at Employee Benefits Connect on 27 February.The roundtable session will aim to make delegates more aware of the impact mental health issues have on business performance and how employers can introduce a programme to reduce stigma.Patrick Watt (pictured), ...
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ArticleBanks change pay structures to avoid EU bonus cap
One-fifth (19%) of European bankers surveyed have been awarded ‘role-based’ allowances up to 12 February 2014, as the EU bankers’ bonus cap came into effect, according to research by salary data specialist Emolument.com.Its research, which examined data from 190 banking employees at director and managing director level in Europe, found ...