All Employee Benefits articles in Web Issue – Page 823
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AnalysisThe evolution of family-friendly benefits
If you read nothing else, read this…Some employers have integrated shared parental leave regulations into their family-friendly benefits policy.The end of childcare vouchers could cause a decline in workplace support for working parents in some organisations.Employers should have open conversations with staff to find out what benefits would help to ...
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ArticleBuyers' guide to private medical insurance
The facts:What is private medical insurance (PMI)?PMI is a health insurance that covers employees for the treatment of curable, short-term medical conditions or accidents. Cover can include consultations, diagnostic tests and in-patient and outpatient procedures.What are its origins?The roots of PMI can be traced back to the late 19th century, ...
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OpinionFreedom and choice: finding the right voice
Key pointsEmployers retain a bond of trust with employees: staff will go to their employer for advice.Anticipate their needs to create a strategy to offer valuable support at a critical time, especially defined contribution (DC) scheme members approaching retirement.The pension revolution has only just begun. The after-annuities era will continue ...
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AnalysisWhat to consider when setting up a default investment strategy
If you read nothing else, read this…A default investment strategy should be created to help employees who do not want to make active choices about their pension investment.A strategy should take into account an organisation’s demographics, such as age, likely retirement age and contribution levels.The pension freedoms, which came into ...
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AnalysisTop five ways to create an engaging total reward statement
If you read nothing else read this…Employers should choose a suitable method of accessibility of total reward statement (TRS) to engage employees.Personalised content can help make a TRS engaging.Line managers can help communicate details in the statement.Employers can use total reward statements (TRSs) as a way of helping employees gain ...
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Case StudiesTelent engages staff with pensions via default investment strategy
Since it was introduced in April 2013, its contract-based defined contribution (DC) scheme has achieved 95% take-up. Telent closed its defined benefit (DB) pension to new members in 2007 and to future accrual in 2012.Telent closed its defined benefit (DB) pension to new members in 2007 and to future accrual ...
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Case StudiesBrowne Jacobson offers mindfulness and resilience support
It also runs workshops on how to build personal resilience, which are open to all employees, as part of its learning and development programme. Yana Belmega, learning and development project manager, says: “[The focus] is around increasing resilience, so looking at what [resilience] is and the difference between pressure and ...
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AnalysisHow employers can boost employees' emotional resilience
If you read nothing else, read this…Emotional resilience is the ability with which an individual is able to bounce back after periods of stress and adversity.Emotional resilience can be taught and the workplace is an ideal setting to support employees’ mental health.Employers can build and support employees’ emotional resilience ...
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ArticleEmployee mental health needs to be top of the agenda
One in four people in the UK will experience a mental health problem each year, with depression affecting around three in every 100 people and anxiety approximately five in every 100 people.This means that, at any one time, most employers will have members of their workforce suffering from mental ill-health ...
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ArticleDonaldson moves up at E.On
Ant Donaldson has moved to the role of global product expert, benefits, from reward and benefits manager at energy organisation E.On.He is now responsible for employee benefits across E.On globally.Previously, Donaldson was senior specialist, employee benefits, and operations manager, home energy services and home installation, at E.On. He has worked ...
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ArticleDanwood promotes Roberts
Printing services business Danwood has promoted Jennifer Roberts to compensation and benefits manager and HR business partner, from compensation and benefits manager.The new addition to Roberts’ title means she is now also responsible for Danwood’s overall HR strategy to support the aims of the entire organisation.Roberts previously worked as an ...
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ArticleEmployee Benefits wins industry accolade
Employee Benefits has been named Pensions and Benefits Publication of the Year at the 2015 Towers Watson Media Awards.The annual awards, now in its tenth year, recognised Employee Benefits’ excellence in business journalism in the areas of HR, pensions, benefits and institutional investment.More than 1,000 votes were received for the ...
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ArticleBarclays C&ES business under review
Barclays is carrying out an internal review of its employee benefits consultancy business Barclays Corporate and Employer Solutions.The bank launched the benefits arm in 2011 and will continue to service its existing employer clients, which will see no change as a result of the review.No date has currently been set ...
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ArticleBT awards 1,000 staff under long-term incentive plan
BT Group has awarded more than 1,000 employees under a long-term incentive plan. The telecoms group paid out around 16.7 million worth of shares at £4.69 each, which took the payout across eligible staff to around £78 million.The awards were given based on performance over a three-year period from 2012, ...
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ArticleOver 1,500 staff rehabilitated back to work in 2014
Some 1,529 employees were helped to return to work with some form of support from an insurer in 2014 before they were away from work long enough to make a claim on group risk policies, according to research by Group Risk Development (Grid).It also found that £1.26 billion worth of ...
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ArticleEmployee Benefits 2015 Fleet research closes today
The Employee Benefits/Alphabet Fleet research 2015 closes today, so it is the last chance to have your say.What is new in staff travel policies? And how does your organisation offer car benefits for employees? Why not tell us in this research, which is designed to help you benchmark your organisation’s ...
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ArticleJust 7% are financially prepared for retirement
Less than one in 10 (7%) UK adults are financially on track for their retirement, according to research from Aegon.Its third UK readiness report, which surveyed 4,000 UK adults, also found that nearly two-thirds (62%) of respondents do not feel confident about being able to retire when they want to.The ...
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Article76% of employers unaware of Fit for Work service
EXCLUSIVE: More than three-quarters (76%) of employers are unaware of the Department for Work and Pensions’ (DWP) Fit for Work service, according to research by YouGov and medical insurance provider Cigna.The DWP Fit For Work awareness research, which surveyed 689 employer respondents who are senior decision makers in UK businesses, ...
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ArticleAge UK uses benefits to extend working lives
EXCLUSIVE: Age UK has launched a programme to help its employees extend their working lives, better prepare for retirement and boost their health and wellbeing in the workplace.The charity’s Extending working life and planning for retirement proposition is part of its 2015 strategy to offer a range of activities for ...
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ArticleRos Altmann appointed pensions minister
Ros Altmann has been appointed pensions minister under the new Conservative government. Altmann, who is a former director-general of Saga and an independent expert on later life issues, will be tasked with overseeing pensions policy, the state pension, automatic-enrolment, The Pensions Regulator, and a host of other responsibilities at the ...