All Employee Benefits articles in Web Issue – Page 764
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ArticleDebbie Lovewell-Tuck: Education to engage staff with savings
Although the government has now confirmed how its guaranteed pensions guidance will be provided to all defined contribution (DC) scheme members, there are questions over whether this will be sufficient to engage staff and help them make appropriate decisions.Last month, research by consultancy Mercer found that 62% of the 300 ...
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ArticleHelp us find out how employers are reacting to incoming pension reforms
What do you think of the government’s pension reforms? How is your organisation preparing to adapt your strategy for when the reforms come into effect next year? Tell us in the Employee Benefits/Close Brothers Pensions research 2014, which is designed to help you benchmark your organisation’s response to and progress ...
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OpinionJohn Pryor: Fleet funding models must suit employers' needs
Funding is bespoke to individual organisations and while tax changes can trigger a switch in funding routes so can alterations in an organisation’s status and attitude.These include, for example, its ability to borrow money and its own cash situation, its attitude to financial risk and its level of internal fleet ...
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Case StudiesMarks and Spencer goes multi-channel for flex
Marks and Spencer (M&S) knew it was undertaking an ambitious project when it set out to launch a flexible benefits scheme to its entire workforce in 2013.Most of the retailer’s 75,000 UK employees work offline across more than 800 stores, so it had to develop a scheme that was accessible ...
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Article90% believe flexible working boosts employee morale
Nine out of ten (90%) respondents say that offering flexible working arrangements is an effective way of improving employee morale and helping staff to achieve a better work-life balance, according to research by global workspace provider Regus.Its research, which surveyed more than 2,200 business owners and senior managers, also found ...
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ArticleTui Travel engages staff with non-cash reward
Robert Cross, head of reward, UK and Ireland at Tui Travel, is to lead a session on the importance of non-monetary reward at Employee Benefits Live.The session, ‘Delivering a true total reward strategy’, will also emphasise the importance of listening to employees and understanding the employee demographic.Cross said: “It will ...
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OpinionCary Cooper: Incentives can aid staff health support
The early years of the workplace wellbeing agenda has definitively settled that debate, no matter how often the bottom line benefits have to be reiterated in boardrooms across the world.But individual employees are not about to go rifling through the latest set of results as motivation for an exercise kick, ...
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Case Studies
Hallmark Cards incentivises healthy behaviours
Hallmark Cards has seen a number of improvements in workforce health over the past three years, since embarking on its programme to engage and educate employees to achieve healthier outcomes.The organisation introduced a financial incentive plan for employee wellbeing in 2011, using its business-to-business subsidiary Hallmark Business Connections, which runs ...
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AnalysisShould employers incentivise employees to keep healthy?
If you read nothing else, read this…Employers could incentivise to encourage staff to lead healthier lifestyles.29% of employee respondents would be comfortable if their employer incentivised for living more healthily (Towers Watson).Incentivising employees is a common theme among US-based employers.Employers could incentivise to encourage behaviours in employees such as quitting ...
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ArticleTop 15 stories on the website last month
1. HMRC loses Rangers employee benefit trust appeal 2. DHL Express launches online benefits portal 3. KFC launches salary sacrifice car scheme 4. Government sets out plans for guidance guarantee 5. Latest developments in online recognition platforms 6. NS&I and HMRC to administer tax-free childcare scheme 7. EAT to hear ...
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AnalysisBenefits must appeal to all generations of the workforce
Each generation has its own concerns and priorities and being able to select and tailor their benefits to meet these needs has significant value. Ensuring that every pound is appreciated rather than being spent on benefits that may have little or no value to a particular employee, helps the individual ...
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Supplier article
The warning signs that tell you it’s time to review your auto-enrolment support
Below, Johnson Fleming has outlined its top five warning signs that tell you it’s time to consider a move of support or scheme before the pensions landscape changes once again in 2015–16.1. Are you spending inordinate amounts of time manually communicating and administrating your scheme?When auto-enrolment was born, many of ...
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ArticleArthur J. Gallagher completes acquisition of Baker Tilly's benefits business
Arthur J. Gallagher has completed its acquisition of Baker Tilly’s employment benefits business for an undisclosed fee.The deal includes the acquisition of Baker Tilly’s corporate contracts, consulting team, client support and rights to its 4pensions management software, which will become part of Arthur J. Gallagher’s employee benefits, human resources and ...
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Article49% of Britons claim not to have a pension
Nearly half (49%) of respondents say they do not have any kind of pension, according to research by the Chartered Institute of Payroll Professionals (CIPP).Its Saving for retirement research, which surveyed 2,000 people, found that only 32% of respondents have a pension scheme offered via their employer, while 8% of ...
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ArticleBritish Sugar uses total reward to attract and retain talent
Henk Verhoek, head of reward at British Sugar, is to share a case study at Employee Benefits Live about how the organisation uses total reward to attract, develop and retain the right talent.The session, ‘Showcasing benefits to top talent’, will show delegates how total reward can drive culture and performance.Verhoek ...
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OpinionJillian Naylor: Severe obesity and employers’ benefit offerings
As a nation, we are getting bigger: 24% of the population is currently obese [Statistics on obesity, physical activity and diet – England, 2014, Health and Social Care Information Centre, February 2014] and NHS costs for dealing with obesity are estimated at £5 billion a year [Reducing obesity and improving ...
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ArticleWorkplace stress linked to lower productivity
Employees who suffer from high stress levels in the workplace are less engaged, not as productive and have higher absence rates than those operating under lower stress, according to research by consultancy Towers Watson.Its Global benefits attitudes survey, which surveyed 22,347 people across 12 countries, found that only 10% of ...
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ArticleEpwin Group saves £213,000 with workplace savings platform
EXCLUSIVE: Epwin Group has saved more than £213,000 a year in fees and national insurance contributions (NICs) following the launch of its workplace savings platform.The platform, provided by Hargreaves Lansdown, includes access to a self-invested personal pension (Sipp), independent savings account and investment account.Since the building products provider launched the ...
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AnalysisHow to select the right Christmas rewards for staff
If you read nothing else, read this …First determine what kind of Christmas reward to give staff, such as an annual bonus, sales incentive, festive thank-you or seasonal gift.Gift cards and vouchers are popular, while employers can also help staff with their work-life balance by providing more time off during ...