All Employee Benefits articles in Web Issue – Page 756
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ArticleEAT to hear three cases on holiday pay
The Employment Appeal Tribunal (EAT) is to hear three cases on holiday pay on 30 July.The hearing follows two recent decisions around holiday pay.In June 2014, the European Court of Justice (ECJ) ruled that an employee who dies with outstanding holiday pay should be paid this after their death.In May ...
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ArticleHutchison 3G appoints Paul Bissell
Hutchison 3G has appointed Paul Bissell head of reward.He was previously head of reward (fixed line) at Vodafone UK and head of reward at Cable and Wireless Worldwide, before it was purchased by Vodafone.Prior to that, Bissell held a range of roles at Nationwide Building Society, including retail training manager, ...
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ArticlePSHPC acquires Private Health Partnership
Punter Southall Health and Protection Consulting (PSHPC) has completed its acquisition of the Private Health Partnership (PHP).The transaction follows the purchase of the Yorkshire-based health group from Skipton Building Society for an undisclosed sum.PHP’s staff in West Yorkshire and its businesses in Cheshire and Surrey will be retained.PSHPC now advises ...
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ArticleBank of England consults on bankers' bonuses
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have published two joint consultation papers aimed at improving individual responsibility and accountability in the banking sector.One of the consultation papers, Strengthening the alignment of risk and reward: new remuneration rules, include proposals for the introduction of new rules on ...
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ArticleAverage salary growth doubled in June
Average salary growth doubled in June, to a growth rate of 1.7% between May and June from a growth rate of 0.6% between April and May, according to research by Adzuna.co.uk.Its latest UK Job market report found that advertised salaries rose to £32,933 in June 2014, marking the third consecutive ...
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ArticleCarlsberg appoints Nick Court
Carlsberg has appointed Nick Court reward manager.He was previously reward and benefits manager at British Sugar.Prior to that, Court spent more than a decade at Tesco where his roles included personnel manager, reward manager, UK payroll operations manager and employee relations manager.
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ArticleBT staff to share £1.1bn sharesave payout
Nearly 23,000 BT employees will share a payout of £1.1 billion after the organisation’s five-year sharesave plan matured on 1 August.The employees, who are mostly contact centre agents and engineers, joined the scheme in 2009. Through the plan, they could save between £5 and £225 every month until July 2014.At ...
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ArticleCO2-emissions limit top driver of car choice
Nearly two-thirds (62%) of respondents cited a carbon dioxide (CO2) emissions limit as the top criteria for employee’s company car choice, according to research by GE Capital’s fleet services division.Its Company car trends research, which surveyed 200 fleet decision makers, found that other criteria included the car’s fitness for purpose ...
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Article82% will continue to offer childcare vouchers post-autumn 2015
More than eight in ten (82%) respondents will continue to provide childcare vouchers after the introduction of the government’s tax-free childcare scheme in autumn 2015, according to research by Jelf Employee Benefits.Its research, which surveyed more than 200 employers, found that just 3% will not continue to offer childcare vouchers ...
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Article39% do not have financial plan for retirement
More than a third (39%) of respondents do not have a financial plan for retirement, according to research by Aegon UK.Its Retirement readiness survey, which questioned 16,000 employees in 15 different countries, found that 12% of respondents have a written financial plan for retirement.Less than a third (29%) of UK ...
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Article62% do not think guidance guarantee will be enough
Nearly two-thirds (62%) of respondents do not think the guidance guarantee announced in the 2014 Budget will provide enough support for members of defined contribution (DC) pension schemes ahead of retirement, according to research by Mercer.Its research, which surveyed more than 300 employers and trustees, found that 38% plan to ...
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Article66% of trustees to change DC pension default strategy
Two-thirds (66%) of trustee respondents are looking to change their pension scheme’s default strategy within the next 18 months as a result of the Budget changes to at-retirement options, according to research by asset management firm SEI.Its Defined contribution pensions survey, which surveyed trustees and employers about their current approach ...
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Article72% not prepared for pension reforms
Just under three-quarters (72%) of respondents say they are not fully prepared to deal with the consequences of the pension reforms announced in the March 2014 Budget, according to research by Aon Hewitt.Its research, which questioned more than 300 pension professionals, found that one in five (20%) respondents would need ...
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ArticleDennis Publishing raises pensions take up to 94%
EXCLUSIVE: Dennis Publishing has increased its pensions take up to 94% following auto-enrolment.The magazine publisher, which owns a range of car, technology and lifestyle titles, had 265 (67%) employees in its group personal pension (GPP) plan prior to its auto-enrolment staging date.It had postponed compliance by three months, from January ...
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ArticleCafcass to share wellbeing and absence strategy
Daryl Maitland (pictured), head of HR strategy at Cafcass, will share a case study about how Cafcass tackled sickness absence at Employee Benefits Live.Maitland said: “We’ve gone from an average of 16.2 sick days for social work staff to seven days.”Maitland hopes delegates will take away an understanding of the ...
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How to structure workplace savings so staff achieve good outcomes
brightcove.createExperiences();This 7-minute video tutorial above covers:How can employers use The Pension Regulator’s principles to structure workplace pensions?What does a good outcome for a pension scheme look like?Following the changes announced in the 2014 Budget are these principles still valid?Do employers ...
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ArticleLearn how Yorkshire Water uses data to aid staff wellbeing
Susan Gee, employee health and wellbeing manager at Yorkshire Water, will speak about the importance of using an organisation’s internal data when developing a health and wellbeing strategy at Employee Benefits Live.The session, ‘Placing prevention at the heart of employee health and wellbeing’, will delve into this internal data, which ...
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Video
Reducing financial stress among employees
brightcove.createExperiences();This 9-minute video tutorial above covers:How big a problem is financial stress for employees in the UK?How is the current economic climate impacting financial stress for employees?What is the impact of that stress on UK workplaces?What are benefits do employers gain ...
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ArticleBAE Systems redesigns pension website
BAE Systems has relaunched its pension website after redesigning it to improve the information available for employees.The organisation’s pension scheme members regularly use the online portal, which receives more than 5,000 visitors each month.However, its pensions helpline still received a large number of calls because employees could not find the ...
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Video
How to review group risk benefits in your business
brightcove.createExperiences();This 12-minute video tutorial above covers:What are the challenges employers face when it comes to employee benefits?Can employee benefits provide a return on investment for employers?What are business issue to consider when reviewing or introducing benefits?What should employers look for when ...