All Employee Benefits articles in Web Issue – Page 776
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 9 to 15 October:Members to be able to take tax-free lump sums from pensionsWhy new retirement options should lead to a revamp of HR and benefits strategiesMasks to tackle workplace stressEnding of colleague’s contract not maternity discriminationTravis Perkins Group strengthens EVPGovernment ...
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ArticleDOD’s blog: Finger on the pensions pulse
This week the big annual pensions industry gathering is taking place – the National Association of Pensions Funds (NAPF) is meeting in Liverpool.It is always a great opportunity to take the temperature of what people (employers, trustees, suppliers, advisers and government ministers) think about the current state of British pensions.A ...
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ArticleWells Fargo employee demands pay rise via email
Something for the weekend…It is no secret that many employees have been left disgruntled by continuing low, or no, pay increases.In recent years, many have turned to strike action to make their views known. However, one employee at Wells Fargo in Portland, Oregon, tried a different, more unusual, approach.Tyrel Oates, ...
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ArticleCDC will be lasting legacy of pension reforms, says Steve Webb
One of the lasting legacies of the coalition government’s pension reforms will be the introduction of collective defined contribution (CDC) schemes, said pensions minister Steve Webb at the annual National Association of Pension Funds (NAPF) conference.Webb said that CDC pension schemes have a future in this country, having seen developments ...
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ArticleWarburtons increases staff pension contributions
Warburtons has seen more than 376 pension scheme members of staff increase contributions in the last year following the introduction of its three-year engagement plan.The family-owned baking organisation also reduced its auto-enrolment opt-out rates to 1%, down from 2.6% in October 2013.Speaking at the annual National Association of Pension Funds ...
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ArticlePensions not suitable for 10% of SABMiller staff
Over 10% of employees at beer brewer SABMiller will have an annual pensions allowance problem within the next three years.SABMiller, which started in the UK in 1999 and has a trust-based defined contribution scheme, offers age-related contributions to pension scheme members. “I think is slightly unusual. We think we are ...
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Supplier article
Johnson Fleming employees raise more than £400 for CLIC Sargent
Events included a charity netball match followed by the #whippingchildhoodcancer challenge, which saw members of the senior management team receive a whipped cream pie to the face.Thanks to Bromsgrove-based Ryland Centre, which provided the use of its facilities for free, Johnson Fleming employees were able to participate in a charity ...
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OpinionDenise Keating: Flexibility increases wellbeing
Employers typically offer formal flexible-working policies, such as leave for parents, and flexibility around sabbatical or other opportunities.The reality is that flexible working is driven only when an employee has a need, such as childcare and eldercare.On the other hand, agile working is where an employer provides employees with flexibility ...
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Article62% of staged employers positive about pensions auto-enrolment
Nearly two-thirds (62%) of staged employers feel positive about auto enrolment, and the impact it will have on their business, according to research by Close Brothers Asset Management.Its Business barometer survey, which surveyed more than 900 UK employers, also found that the majority of employers which have staged for auto-enrolment ...
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ArticleScottish Prison Service moves eyecare benefit online
EXCLUSIVE: The Scottish Prison Service has moved its employee eyecare benefit online.All HR managers across the 14 prison service sites now have instant access to its eyecare scheme, provided by Specsavers Corporate Eyecare, to offer all staff vouchers for visual display unit (VDU) eyecare and safety eyewear.It uses the vouchers ...
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AnalysisCelebrating employees' top life events with gifts and vouchers
If you read nothing else, reach this…Key life events might include birthdays, weddings, the birth of a child, long service and retirement.Whether an employer awards or recognises staff at these key life events will depend on the relationship it has with its employees.It is important, whatever life event is being ...
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Article24% of employees are on low pay
There has been an increase in the number of people in low pay between the 1990s and 2010s, according to research by the Chartered Institute of Professional Development (CIPD).Its Pay progression: understanding the barriers for the lowest paid report, which categorises low pay as those paid below 20% above the ...
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ArticleHome Group to re-launch benefits package
Home Group is to re-launch its employee benefits package and introduce three new benefits later this month.Its map-themed re-launch (pictured) will bring together Home Group’s full benefits proposition in a single web-based portal, provided by Edenred. The move is aimed at driving up employees’ engagement with benefits.As well as repositioning ...
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Case StudiesTimpson motives staff with gifts for life events
The shoe repair organisation also felt it was important to avoid offering impersonal benefits.These include a £25 cash award for expectant mothers to help them buy comfortable maternity clothes for work, as well as £25-worth of Mothercare vouchers for all new parents on the birth of a child.The organisation also ...
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ArticleA quarter of expats have no international health cover
A quarter (25%) of expatriates do not have international health insurance cover because they think they do not need it, according to research by Now Health International.Its study of 290 respondents found that this 25% felt they did not need international medical cover because they were currently healthy and did ...
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ArticleAsos plans to change management incentive plan
Asos is planning to change the way it rewards top employees through its management incentive plan. The online fashion retailer’s current scheme, which awards bonuses to management based on its share price, is due to run until 2016.However, its share price has fallen by 63% over the last year making ...
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ArticleGovernment to abolish short service pension refunds
The government is to abolish short service pension refunds for employees who leave an employer after less than two years’ service.Under current arrangements, a member of an occupational pension scheme that leaves having completed more than three months but less than two years’ qualifying service may be entitled to receive ...
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ArticleTop 10 stories most read this week
The top 10 most read stories on employeebenefits.co.uk from 15-23 October: 1. Nestle employee liable for tax on payment in lieu of benefit 2. Government confirms action to cap pension charges at 0.75%3. Wells Fargo employee demands pay rise via email 4. Home Group to re-launch benefits package 5. The ...
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ArticleDOD’s blog: Time to network differently
Earlier this month I popped along to the inaugural meeting of the Independent Women in Insurance Network (iWIN).I had no idea what to expect (other than a really early morning – it started at 8am!).However, the main talk by Julia Hobsbawm, a visiting professor at Cass Business School and the ...
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ArticleEmployer funds holidays to boost engagement
Something for the weekend…Sitting in a dull office all day could well lead to employees becoming uninspired, demotivated and in need of a holiday.In these cases, perhaps the best way to boost creativity is to spend some time away from work.Thinkparallax, an 11-person strong creative agency based in Sourthern California ...