All Employee Benefits articles in Web Issue – Page 726
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Case StudiesCushman and Wakefield seeks consolidation
The review was driven by a desire to provide a more consistent benefits offering for its 2,500 employees working across the region. The organisation is working with global adviser, Willis Employee Benefits, to assess its current benefits provision, to identify potential cost efficiencies and look at the governance of each ...
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ArticleWillis Group appoints CEO of human capital and benefits practice
Willis Group has appointed Raymond Brood chief executive officer (CEO) of its new human capital and benefits (HCB) practice in Western Europe.The appointment, which is effective from 1 May, is the first regional leadership role to be announced after the formation of the global HCB practice earlier in 2014.Brood joins ...
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ArticleThird of auto-enrolled employers would approach compliance differently
More than a third (35%) of respondents that have been through pensions auto-enrolment would have approached their preparations differently if they were to undertake the task again, according to research by law firm Irwin Mitchell.Its research, which surveyed 260 employers, found that 52% of those that have staged wished they ...
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Article
Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 27 March to 3 April:1. Emergency eldercare fastest-growing flexible benefit 2. Creating an employee value proposition to win the war for talent3. TalkTalk and Warburtons shortlisted for auto-enrolment 4. Key changes to employee benefits in the 2014 Budget 5. Arthur J ...
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ArticleNepalese PM shuns perks of the job
Something for the weekend…Few employees would return the benefits given to them by their employer.However, this is not case for Nepal’s 75-year-old prime minister, Sushil Koirala (pictured) who does not appear to need any motivational perks when leading his country.Last month, he gave back $650 he had received as an ...
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OpinionStephanie Phizackerley: Top tips for managing a global workforce
If you read nothing else, read this…Mobile employees are typically managed by specialist teams.Planning, communications and effective processes are key to successful mobility management.Employers that fail to track global compensation data accurately can face penalties for payroll non-compliance.Employers must be able to place the right staff in the right location, ...
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ArticleDOD’s blog: Do benefits offerings fit with core values?
Last week, I had the privilege of running our first Employee Benefits Connect event in New York.As I listened to the fabulous line up of speakers from leading US companies, it struck me how many mentioned the need to link benefits strategies with their company’s core values.While this isn’t an ...
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ArticleMazars to launch voluntary benefits scheme for employees
EXCLUSIVE: Mazars Employee Benefits is to launch an employee discounts scheme for its 1,400 UK employees.Employees will have access to the online voluntary benefits portal, MyDiscounts, which will include discounts at retailers and beauticians, and on items such as gym membership and healthcare.The scheme’s launch will complement the organisation’s flexible ...
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Case StudiesThe benefits offered by Wolseley UK
PensionTrust-based DC pension scheme, available to all employees. Employees contribute between 1% and 9%, while Wolseley contributes between 2.5% and 12.5%.Flexible benefits fund default of 1% goes into the pension scheme.Defined benefit pension was closed to future accrual on 31 December 2013 .Healthcare and group riskEmployer-paid private medical insurance scheme ...
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ArticleNeil McCawley finds value in mentoring
His career started at Barclays Bank, where he spent 21 years in various roles, starting in branch banking and ending up as an HR project manager working on reward- and non-reward-related projects.Outside benefits and reward, McCawley has been involved in the National Mentoring Consortium, which presented Wolseley UK with its ...
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AnalysisHow to maximise savings from tax-efficient employee benefits
If you read nothing else, read this…Salary sacrifice arrangements can increase employee engagement with benefits.Employers can use NI savings from salary sacrifice arrangements to help fund pensions auto-enrolment, introduce new benefits, or cover the cost of benefits technology.It is important to communicate the value of tax-efficient benefits to employees.These savings ...
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Supplier article
Last month's top stories in numbers
73% of respondents in EMEA actively communicate with staff about their compensation and benefits packages, according to research by Aon Hewitt. 20,000 BT employees will receive a payout from the maturity of a five-year sharesave scheme. £203 million The amount John Lewis employees will share in a bonus payout. 24 ...
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ArticleDebi O'Donovan: Tax breaks still drive benefits behaviour
Tax breaks drive behaviour in our world. Although there is plenty of information out there about these benefits, trying to draw them together takes some legwork (or fingerwork on online search engines). Hopefully, our special report on tax-efficient benefits will give you the pointers you need.As we go to press, ...
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ArticleTax and legal changes to employee benefits take effect
A number of changes affecting employee benefits came into effect on 6 April.These include:The savings limit for sharesave schemes has doubled from £250 to £500 a month, and the maximum value of shares that an employee can acquire with tax advantages through share incentive plans has risen to £1,800 a ...
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ArticleHewlett Packard and KPMG staff offered bike repair service
Hewlett Packard, KPMG and Wrigley employees will have access to a bike maintenance service in the workplace.The service is available through a partnership between global property organisation Goodman Group and online bike retailer Wiggle.It is aimed at encouraging more than 10,000 employees who work at 120 organisations across Goodman Group’s ...
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Article28% used flex plan to manage auto-enrolment
However, nearly half of employers that offer flexible benefits did not use their flex plan to manage the implementation of auto-enrolment.Of those that still need to auto-enrol staff, 22% plan to manage the process separately from their flexible benefits plan.Read more of the Employee Benefits Flexible benefits research 2014
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ArticleWeetabix consults with staff on pay
Weetabix is in consultation with employees to determine what steps to take around pay cuts and working hours in an effort to bring down costs.The cereal company, which also owns Alpen, Ready Brek and Weetos, is currently in consultation with its 2,000 employees.A spokesperson from Weetabix confirmed that a consultation ...
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AnalysisThe fastest-growing flexible benefits
If you read nothing else, read this…Emergency childcare, gadget insurance and salary sacrifice car schemes look set to be the fastest-growing additions to flexible benefits schemes.However, a current lack of providers means it may be tricky for employers to offer these benefits, because of lack of choice and little opportunity ...
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ArticleCourt rules IBM breached employer duties in pensions restructure
The High Court has ruled that technology organisation IBM has breached its duties to members of its UK pension schemes in the way in which it implemented a restructuring of their pension arrangements.The ruling, in the case IBM vs Dagleish, is of particular interest to employers that are, or have ...
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ArticleDuncan Brown: Reward communications: are you listening?
Reward communication is hard: trying to get some highly technical, mathematical and financial information across to busy employees that show little general interest most of the time. Until things go wrong. And things do seem to be going wrong at the moment.We are just getting ready to publish two of ...