All Employee Benefits articles in Web Issue – Page 800
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Supplier article
Seven in 10 employers have taken no action on Freedom of Pension changes
It is only three months until the landmark Freedom of Pensions proposals come fully into force. Yet a survey of 250 employers by Jelf Employee Benefits has found that there is little action or awareness by employers and employees of the huge change in policy which will enable the over ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 22-29 January 2015:1. Disney, Pepsi and Starbucks to take part in wellbeing event2. Tesco and Carillion to introduce health app3. How to build a compelling business case for benefits4. BP freezes pay globally for 20155. Lookers launches employee discounts scheme6. FCA ...
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OpinionLovewell's Logic: Are we suffering from communication overload?
It involved a group of individuals discussing the number of communications they received from one of their employer’s benefits providers. While they didn’t dispute the value of the benefit they received in any way, they felt that the volume of messages received was excessive and led to them, at times, ...
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ArticleDirty offices lower productivity
Something for the weekend…It seems that dirty and disorganised offices are the scourge of productivity in the workplace and kicking motivation in the teeth when compared to clean and well-ordered environments.While an employee might be able to build a fort to hide away from the dirtiness and boost their own ...
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Supplier article
Almost nine in 10 employers admit failings with post-DRA compliance
Only 12 per cent of employers believe that their organisation has fully complied with the legislation. A third of respondents (34 per cent) feel they need to improve all aspects of compliance; with a further third (32 per cent) expressing concern about their employee communications on this topic.Other areas for ...
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ArticlePay increases in financial sector failed to materialise
Large increases in base salary among executives and employees in the financial services sector have failed to materialise, according to research by Mercer.Its Global financial services executive compensation snapshot survey found that projected base salary increases for 2015 remain modest, running on average between 2.3% to 3.2%. According to the ...
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ArticleHR professionals' pay to rise by 5% in 2015
Human resources (HR) professionals’ pay is expected to rise an average of 5% in 2015, according to research by recruitment agency Robert Walters.The 16th annual Robert Walters Global salary survey, which benchmarked the salaries of 2,850 HR professionals, also found that across the UK, salaries are rising fastest in the ...
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ArticleWhitbread staff share £10m in sharesave payout
More than 1,000 Whitbread employees are to share £10 million following the maturity of the organisation’s three-year and five-year sharesave schemes on 2 February The employees, who work for brands including Beefeater, Brewers Fayre, Costa Coffee and Premier Inn, saved between £10 and £500 a month into the schemes.Staff members ...
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ArticleTwo-thirds of over-40s yet to discuss pension reforms
Almost two-thirds of people aged between 40 and 70 years have yet to speak to someone about the incoming pension reforms, according to research by retirement provider Partnership.Its survey of more than 1,600 people aged between 40 and 70 found that nearly a third (31%) of respondents have spoken about ...
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Article68% of over-50s would retrain to work longer in retirement
More than two-thirds (68%) of over-50s would consider retraining to work longer in retirement, according to research by MetLife. Its research, which surveyed more than 2,500 employees, found that financial pressures and a lack of sufficient retirement savings are the drivers behind employees working longer.Just over half (55%) of respondents ...
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Article51% approaching retirement would consider working longer
Just over half (51%) of rspondents due to retire this year would consider working beyond the state pension age, according to research from Prudential.The current state pension age is set at 65 for men born before 6 December 1953 or between 60 and 65 for women born after 5 April ...
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Article
65% believe UK staff have low understanding of benefits
Around two-thirds (65%) of UK employers and 43% in the Europe, Middle East and Africa (EMEA) region believe that their employees’ understanding of workplace benefits is low or very low, according to research by Aon Employee Benefits.Its 2015 EMEA Employee benefits communication survey, which surveyed 1,149 organisations across 28 countries ...
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Article
96% believe pension flexibilities create need for financial education
Some 96% of employers think that the new pension flexibilities creates a need for more financial education in the workplace, according to research by Jelf Employee Benefits. Its research among 250 employers also found that nearly three quarters (73%) believe workplace financial education should be employer funded.Of this 73%, more ...
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ArticleEmployers not always liable for adjustments in absence cases
An Employment Appeals Tribunal has upheld an Employment Tribunal decision that the Department for Work and Pensions (DWP) did not have a duty to make reasonable adjustments while an employee was unfit to return to work.Doran v DWP is a useful reminder that an employer’s duty to make reasonable adjustments ...
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ArticleLloyds Banking Group offers enhanced parental leave
Lloyds Banking Group has launched an enhanced shared parental leave (SPL) policy for eligible employees.The policy will be offered alongside its current maternity, paternity and adoption policies, as enhanced pay compared to the statutory minimum amount set out in the SPL legislation.The enhanced terms will be available for both parents ...
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ArticleJP Morgan extends benefits to employees' parents
JP Morgan has extended several of the benefits offered via its flexible benefits scheme to cover employees’ parents. Its Family Homecare scheme, which is provided by Allianz Global Assistance, has been available its its 14,500 UK employees and their partners for two years. It has now been extended to cover ...
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ArticleCarlsberg UK revamps employee benefits package
EXCLUSIVE: Carlsberg UK has undertaken a full strategic review of its employee benefits, resulting in it relaunching its flexible and voluntary benefits schemes, and consolidating its company car provision.The brewery organisation, which employs more than 40,000 people globally, launched the review in order to simplify its benefits administration and to ...
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Video
Maximising the value of your protection, health and wellbeing benefits
brightcove.createExperiences();This five-minute video tutorial above covers:What is the value for employers in auditing their protection, health and wellbeing schemes?Might maximising the use of benefits increase premiums?Should employers should review their benefits individually or collectively, and what are the advantages?How will the ...
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Video
Building a benefits strategy that supports your business strategy
brightcove.createExperiences();This seven-minute video tutorial above covers:How an employer can ensure it has the correct benefits strategy.The issues employers should be thinking about.What employers should consider in terms of benefits communication.Whether employers think that employees know about protecting their pension.How employers can ...
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ArticleSantander to discuss salary sacrifice cars at Employee Benefits Connect
Santander will discuss the evolution of salary sacrifice cars at Employee Benefits Connect on 4 March 2015.The session, ‘The evolving world of salary sacrifice cars- now and in the future’, will focus on the future of car salary sacrifice schemes and how communication methods are changing and influencing employee engagement.Attendees ...