All Employee Benefits articles in Web Issue – Page 760
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ArticleUnmissable benefits tax keynote at EB Live
Delegates at Employee Benefits Live 2014 can find out all they need to know about the tax changes impacting benefits in a keynote session on 24 September.In the session titled ‘Business critical tax and legislation changes impacting benefits’, John Whiting (pictured), tax director at the Office of Tax Simplification (OTS), ...
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AnalysisMotivation report – Motivation in numbers
Source: The Benefits Research 2014, published in May.Source: Hot 100/Lorica Thinktank debate, published in June 2014.Source: Employee Benefits/Towers Watson Flexible benefits research 2014, published in April.Source: Research by the UK Gift Card and Voucher Association in May 2014. bit.ly/TPDwDjEmployer case studiesAsons Solicitors launched a range of initiatives to boost staff ...
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AnalysisPg XX – Health screening in numbers
Source: The Benefits Research 2014 , published in May.Source: Employee Benefits/Towers Watson Flexible benefits research 2014 , published in April. bit.ly/OeUozD Source: The Employee Benefits Salary survey 2014 , published in January. bit.ly/1oUTrfNEmployer case studiesLaw firm Mills and Reeve extended the range of health screenings it offers ...
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Video
Building a proactive workplace health strategy
brightcove.createExperiences();This 6-minute video tutorial above covers:How can employers best use their occupational health service to deliver joined up workplace wellbeing?What evidence is there to support the benefits of such a workplace wellbeing structure?What are the best ways of delivering workplace health ...
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Article23% have not considered ongoing auto-enrolment duties
Nearly a quarter (23%) of respondents have not yet thought about how they will deal with ongoing pensions auto-enrolment responsibilities once they have reached their staging date, according to research by Creative Auto Enrolment.Its research, which surveyed 505 medium-sized organisations, which will stage between April 2014 and April 2015, also ...
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ArticleFTSE 100 executives receive cash in lieu of pension
FTSE 100 directors received cash payments worth 27% of their salary in lieu of pension membership in 2013, according to research by Incomes Data Services (IDS).The IDS Executive Compensation Review also found that directors of companies listed on the alternative investment market (AIM) received an annual cash payment in lieu ...
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ArticleStaff data could boost wellbeing and motivation by 2020
Data monitoring and profiling using employees’ personal data could help employers to improve staff wellbeing and boost motivation levels, according to reseatch by PricewaterhouseCoopers (PWC).Its The future of work: A journey to 2022 report, which surveyed 10,000 employees and 500 HR professionals globally, found that nearly a third of respondents ...
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ArticleKuoni boosts staff wellbeing with nutrition challenge
Employees at travel firm Kuoni have completed a three-month nutrition challenge designed to improve their wellness.Some 40 employees took part in the initiative, which was designed and provided by SuperWellness.During the three-month period, employees competed for prizes and could attend a series of presentations on nutrition-based topics, such as boosting ...
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Video
How to keep auto-enrolment compliant
brightcove.createExperiences();This 7-minute video tutorial above covers:Why is auto-enrolment compliance an issue for employers?What are the key areas that employers can fall foul of compliance?How can they mitigate the changes of breaching auto-enrolment compliance?Who is ultimately responsible for meeting auto-enrolment compliance obligations?What ...
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ArticleUnicom launches employee discounts scheme
Unicom has launched an employee discounts scheme for its 300 staff.The telecommmunications firm introduced the online scheme, which is provided by Reward Gateway, after the results of a staff survey showed that incentives were one of the benefits staff felt would make Unicom a good place to work. The company ...
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ArticleFTSE 100 execs paid 131 times more than staff
FTSE 100 executives are paid an average 131 times more than their employees, according to research by the High Pay Centre.The research, which compared FTSE 100 executive pay recorded by organisations in their annual reports, found that there has been a rise in executive pay levels compared to those of ...
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ArticleSocial media is key to staff engagement
Mervyn Dinnen (pictured), blogger, and content and social engagement strategist, will speak about social media and its role in engaging employees in the opening keynote session on the second day of Employee Benefits Live.The session, ‘Social media to engage top talent’, will provide an overview of social media, including how ...
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ArticleEmployee benefits trusts closed to tax avoidance
A tribunal has closed a tax avoidance scheme which routed the profits of a tax advisory business through employee benefits trusts (EBTs). HM Revenue and Customs (HMRC) challenged tax deductions of almost £9 million which tax advisor John Dryburgh’s organisations, Scotts Atlantic Management and Scotts Film Management paid into EBTs.Employee ...
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ArticleBuilding Futures Group and Enspec Power accredited as living wage employers
The Buidling Futures Group and Enspec Power have been accredited as living wage employers.The accreditation is a formal agreement by the organisations to pay employees at least £7.65 an hour, or £8.80 in London, higher than the current minimum wage of £6.31 an hour.Sarah Bentley, chief executive of skills and ...
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ArticleFemale managers earn 35% less than men
The gender pay gap between male and female mangers of all ages is £9,069 a year, according to research by the Chartered Management Institute (CMI).Its annual National management salary survey, which has been published in conjunction with salary specialists XpertHR and draws on data covering 68,000 UK employees, found that ...
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ArticleLehman Brothers staff to receive £184m pension settlement
Nearly 2,500 Lehman Brother employees will receive their defined benefit pensions in full after these were safeguarded following the settlement of a six-year investigation and legal proceedings.Five organisations in the collapsed bank will now have to pay £184 million to cover staff pension benefits as a result of action taken ...
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Article
Ladbrokes to close DB pension scheme
Ladbrokes has begun a consultation to close its defined benefit (DB) pension scheme to future accrual.Its final salary scheme closed to new members in 2007.The betting organisation is anticipating contributions of £9.2 million this year to help reduce its deficit.The cost of running the scheme stands at £62,500 a month.In ...
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ArticlePageGroup launches voluntary benefits
EXCLUSIVE: PageGroup has launched a voluntary benefits scheme for its 1,200 UK employees. Since the global recruitment organisation launched the scheme, provided by Reward Gateway, in July, more than 50% of employees have taken up the scheme.The benefits available via the online portal include access to more than 1,200 retail ...
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ArticleTop 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 14-21 August.1. How to provide financial education so that staff maximise their options 2. How to implement car salary sacrifice for your business 3. Kuoni boosts staff wellbeing with nutrition challenge 4. Building a proactive workplace health strategy 5. Ocado launches ...
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ArticleLong-service award for 101-year-old employee?
Something for the weekend…If ever an employee deserved a long service award, then surely it is a 101 year-old man who has worked for the same organisation for an astonishing 73 years. Herman Goldman’s employer, US-based light fixtures firm Capitol Lighting, may want to consider a number of possibilities to ...