All Employee Benefits articles in Web Issue – Page 780
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ArticlePWC loses flexible working discrimination case
PricewaterhouseCoopers (PWC) has lost a sex discrimination case against an employee who wished to pursue work flexibly but had his request rejected.Erik Pietzka, who was a manager at accountancy firm PWC’s office in Cardiff, was told by his employer that pursuing the idea of flexible working would damage his career, ...
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ArticleDeloitte, PWC and Shell to offer enhanced paternity packages
Deloitte, PricewaterhouseCoopers (PWC) and Shell are to offer enhanced paternity packages to all employees ahead of new shared parental leave legislation coming into effect from April 2015. Under its package for shared parental leave, Deloitte will match its current level of enhanced maternity or adoption pay, which is set at ...
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ArticleA fifth of HR directors not ready for shared parental leave
Around a fifth (21%) of HR directors are not ready to meet the requirements of shared parental leave legislation, according to research by business outsourcing provider ADP.Its report, The workforce view 2014/15, which surveyed more than 2,500 working adults in the UK, also found that almost three-quarters (70%) of HR ...
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ArticleUK universities strike over pensions dispute
Employees at a number of UK universities including Oxford and Cambridge have gone on strike in a long-running pensions dispute.Employees are in dispute over proposed changes to the Universities Superannuation Scheme, which could see the existing defined benefit (DB) pension scheme axed and around 150,000 active scheme members moved to ...
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ArticlePension reforms drive staff need for guidance
More employees will want and need guidance around their pension decisions both at retirement and throughout their career as a result of the government’s pension reforms.Just under half (48%) of respondents felt that this would be the case at retirement, while 43% said staff would require guidance throughout their career, ...
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ArticleGPPs remain employers' most popular pension scheme
Group personal pension (GPPs) plans remain the most commonly offered type of scheme by employers.More than three-quarters (78%) of respondents now offer a GPP as their primary pension scheme, according to the Employee Benefits/Close Brothers Pensions research 2014, which surveyed 216 respondents in September 2014.Although the numbers have fluctuated over ...
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OpinionLovewell's Logic: Will shared parental leave take off?
From Monday (1 December), new rules will mean that, for the first time, working mothers and fathers will be able to share a period of parental leave for 12 months after the birth or adoption of a child.As well as offering eligible families much greater flexibility around childcare following the ...
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ArticleBuyer's guide to health cash plans 2014
If you read nothing else, read this… A health cash plan is an insurance policy that reimburses the partial or full cost of an employee’s health treatment. They are a cost-effective benefit with which employers can offer employees wide-ranging workplace health and wellbeing support. The costs and cover of ...
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ArticleEmployee Benefits digital magazine – November 2014
Employers are looking at how enhanced benefits can help them attract and retain the best employees. Read how on page 18Samsung’s focus on innovation runs right through the organisation, and has been key to the evolution of its employee benefits strategy. Read how in on page 58Rewarding employees who are ...
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ArticleEmployee Benefits digital magazine – November 2014
Employers are looking at how enhanced benefits can help them attract and retain the best employees. Read how in Seducing the talent (page 18)Samsung’s focus on innovation runs right through the organisation, and has been key to the evolution of its employee benefits strategy. Read how in Inspiring change (page ...
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ArticleEmployee Benefits Awards 2015 categories
BEST STAFF TRAVEL POLICYMost effective travel strategy for business and perk car drivers.BEST HEALTHCARE AND WELLBEING BENEFITS - SMALL EMPLOYERMost effective healthcare and wellbeing strategy for employers with fewer than 1,000 staff.BEST HEALTHCARE AND WELLBEING BENEFITS - LARGE EMPLOYERMost effective healthcare and wellbeing strategy for employers with more than 1,000 ...
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OpinionGeorge Bull: Scrapping of 55% tax rate on pensions goes further than expected
Before this announcement, members of defined contribution (DC) pension plans faced a difficult choice. If they opted for an annuity but died early, then the annuity provider would profit, but if they did not take one and instead left their funds in the pension pot, then the taxman would take ...
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AnalysisCost considerations around workplace childcare
If you read nothing else, read this…78% of people with dependent children were in employment, so employers need to consider workplace support where required. Cost and implementation time are often cited by employers as reasons why they do no offer their staff childcare support. It is easy for employers to ...
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AnalysisHow has group life assurance evolved?
If you read nothing else, read this…Group life assurance is the most commonly offered benefit to employees.The benefit often now includes value-added services such as bereavement counselling.Group life assurance products continue to be driven by price rather than innovation. Historically, employers tended to offer life assurance as a bolt-on to ...
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AnalysisBuyer’s guide to salary sacrifice car schemes
The facts:What is a salary sacrifice car scheme? This is a car scheme in which an employee forgoes a portion of their gross salary in exchange for the use of a car for a period of time, and receives tax and national insurance breaks as a result.Where can employers get ...
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AnalysisDo employee car ownership schemes still have a place?
If you read nothing else, read this…Ecos take the form of an agreement made between the employee and the leasing company.Demand for Ecos has reduced because of the popularity of salary sacrifice schemes.Eco schemes often still appear when organisations offer blended funding arrangements.Ecos could rise in popularity when new international ...
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AnalysisTop five tips for implementing car salary sacrifice
For employers that are thinking of implementing a car salary sacrifice scheme in their organisation, here are five top tips for getting it right.1 Be clear on your objectives This may sound simple, but many organisations move straight into the provider selection process without first being clear about their own ...
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Case StudiesNorthern Trust implements emergency childcare support for staff
Cara Collins, senior employee relations consultant at Northern Trust, says: “We looked at paying for a place at the nursery downstairs [in the organisation’s office building], but we did not think that was a good option because only one employee can benefit at any one time, and they also then ...
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AnalysisThe impact of share ownership on company productivity
If you read nothing else, read this…Research suggests that employers with significant employee ownership tend to have higher productivity.Staff productivity appears to be higher where employee ownership is part of a wider employee engagement programme. The tax status of a share scheme has little impact on employee productivity. Productivity in ...
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ArticleGoodwin moves to Countrywide
National property organisation Countrywide has appointed Neil Goodwin reward manager, with responsibility for reward and pensions.Goodwin worked previously as reward manager at Macmillan Science and Education, reward consultant at Hutchinson 3G and HR global analyst at Cable and Wireless Communications.