All Employee Benefits articles in Web Issue – Page 731
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Article53% say government's pension reforms are 'spot on'
More than half (53%) of respondents said the pension reforms introduced in the Budget 2014 are ‘spot on’ and ’a great shake up of our current provision’, according to research by Standard Life.Its research, which surveyed 50 of Britain’s largest employers, found that more than a third (35%) thought the ...
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Article71% rely on employer’s pension plan for retirement
Nearly three-quarters (71%) of respondents rely on their employer’s pension plan as their primary way to save for retirement, according to research by Towers Watson.Its Global benefits attitudes survey, which questioned 2,030 UK employees, found that more than half (53%) of respondents admitted they need to save much more for ...
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ArticleAllianz wellbeing programme reduces absence levels
EXCLUSIVE: Allianz Worldwide Care has reduced its staff absence levels from 1.71% in 2012 to 1.46% with the help of its new health and wellbeing programme.The programme, which was launched in January 2013 to maintain the high level of engagement across the business, covers five main categories: exercise and fitness, ...
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VideoVIDEO: Leanne McLean: Employee Benefits Awards finalists take new angles on pensions
Finalists in the Employee Benefits Awards’ category for Best pensions communications came at the issue from a different angle, said Leanne McLean, reward manager for the UK, Ireland and Nordics at Ceva Logistics, in an interview wih Debbie Lovewell-Tuck, deputy editor of Employee Benefits.“Some of the themes that came through ...
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VideoVIDEO: Carol Baylis: Awards finalists showcase different approaches to global benefits
Finalists in the Employee Benefits Awards’ category, ‘Best international or expatriate benefits’, showcased different approaches across different regions, said Carol Baylis, Europe, Middle East and Africa (EMEA) total rewards director at Hitachi Data Systems, in an interview with Debbie Lovewell-Tuck, deputy editor of Employee Benefits.She said: “There were a couple ...
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ArticleMaster trust assurance framework published
The Pensions Regulator (TPR) and the Institute of Chartered Accountants in England and Wales (ICAEW) have published a voluntary assurance framework for master trusts.The framework, which was developed following a consultation in 2013, aims to demonstrate to employers that their pension schemes are managed to high standards.ICAEW has also published ...
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ArticleJames Walker streamlines pensions for auto-enrolment
EXCLUSIVE: James Walker Group has streamlined its four defined contribution (DC) stakeholder pension schemes into one group personal pension (GPP) plan to comply with auto-enrolment.The manufacturing organisation, which has 11 subsidiaries and employs more than 2,000 employees, 900 of whom are based in the UK, has a range of staging ...
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VideoVIDEO: Jacqui Riches: Award finalists demonstrated benefits metrics
The most successful entrants in the Employee Benefits Awards provided metrics and data around their health and wellbeing programmes, said Jacqui Riches, manager, employee health and wellness manager for Europe, Middle East and Africa (EMEA) at Quintiles, in an interview with Debbie Lovewell-Tuck, deputy editor of Employee Benefits.She added: “Data ...
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ArticleEHRC urges employers to support carers
The Equality and Human Rights Commission (EHRC) told the Court of Appeal on 13 May that employers should, as far as is reasonable, make adjustments to support employees who are caring for disabled family members.The case, in which the commission intervened as a third party to assist the court, involves ...
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ArticleImagination staff increase pension contributions
EXCLUSIVE: Imagination has seen almost a quarter (23%) of its pension members increase their contributions after the launch of a workplace savings platform.The platform is provided by Hargreaves Lansdown and offers staff access to a group self-invested pension plan (Sipp), a cash individual savings account (Isa), a stocks and shares ...
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ArticleMills and Reeve shortlisted for default funds
Mills and Reeve and Telent are among the employers that have been shortlisted for the award ‘Best DC pensions default investments’ at the Employee Benefits Awards 2014.This award recognises employers that have made a concerted effort to offer an effective default investment strategy for their defined contribution (DC) pension scheme ...
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ArticleMartindale Pharma ups pensions engagement
EB Summit 2014: Martindale Pharma increased employee pension contributions by 60% after switching providers for its group personal pension (GPP) scheme and holding a series of pension presentations for its 400 employees.The number of members actively making fund choices also increased from just two employees to 73% of members, while ...
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ArticleShared parental leave is opportunity to enhance family-friendly policies
Almost two-thirds (59%) of respondents see the government’s shared parental leave policy as an opportunity to enhance the family-friendly policies they offer to staff, according to research by law firm Hogan Lovells.Under the new plans, which take effect from April 2015, parents will be able to share 12 months of ...
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ArticleHMRC publishes templates for share scheme returns
HM Revenue and Customs (HMRC) has published templates for organisations to use in order to comply with their online filing responsibilities for employee share plan returns.All employers need to submit their first annual share plan return for 2014/15 online through HMRC’s pay-as-you-earn (PAYE) online service by 6 July 2015.The templates ...
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ArticlePolycom moves to pensions salary sacrifice
EXCLUSIVE: Polycom is aiming to save more than £50,000 by adding a salary sacrifice arrangement to its new group personal pension (GPP) plan.The technology organisation auto-enrolled its 250 UK employees into the new pension on 1 May, after postponing from 1 February.It intends to use the savings to fund the ...
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ArticleDon't miss the Employee Benefits Awards 2014
* See more information about the event and how to book your place.* See which organisations have been shortlisted for Employee Benefits Awards 2014.Also, a funfair provides the perfect opportunity for you to have fun with your team and industry peers. BOOK NOW: Join us on 27 June at the ...
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ArticleEmployers with 1,000+ staff most cost-conscious about flex
The research found that 67% of employers with 1,000 or more employees track the cost of their flex plan, compared with 55% of employers with fewer than 1,000 staff.Perhaps this is because larger employers have the resources to track their benefits strategies, unlike their smaller peers. On average, the larger ...
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ArticleManchester City FC shortlisted for health benefits
Manchester City Football Club and London Overground are among the employers that have been shortlisted for the award ‘Best healthcare and wellbeing benefits – small employer’ at the Employee Benefits Awards 2014.This award showcases employers that have put in place a strategy that helps promote health and wellbeing in the ...
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ArticleAmazon to fund education for UK employees
Amazon has launched an initiative to offer its UK employees up to £8,000 towards furthering their education.The Amazon Career Choice programme, which will fund up to £2,000 per year over four years, pre-pays 95% of tuition and associated fees for nationally recognised courses.The initiative is intended to make it easier ...
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Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 24 April to 1 May: 1. BT and Unilever launch report on depression2. Dunelm underpaid auto-enrolment pension contributions by £143,000 3. Barclays partners The Positive Ageing Company to support ageing workforce 4. What does the future hold for group risk benefits? ...