All Employee Benefits articles in Web Issue – Page 826
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ArticleJacqueline Moore: What does the future hold for dependants' pensions?
However, in recent years, as the traditional family and work models have become much more flexible, family finances have changed too, and we have closed the DB scheme in favour of a defined contribution (DC) plan.Thirty years ago, if an employee died during active service, there may well have been ...
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ArticleEmployee Benefits digital magazine – May 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links on the right under ‘Related articles’ (these articles will go live in stages during May 2015).Read the full digital May edition of Employee BenefitsHow should employers build and ...
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ArticleLaurus Development launches employee ownership trust
Laurus Development has launched an employee ownership trust.As part of its move from the public to the private sector, the qualification and learning provider to the justice sector is now 25% owned by its employees.Laurus Development has been advised by law firm Fieldfisher on its move to employee ownership since ...
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ArticleCo-Operative employees to receive 8.5% pay rise
More than 60,000 Co-Operative employees will see rates of pay increase by at least 8.5% over the next two years after a pay settlement was agreed.The 8.5% increase to the minimum basic pay rates applies to food store shop assistants and their supervisors. Other employees will be covered by separate ...
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ArticleHeinz and Nomura shortlisted for communication
Heinz, McGraw Hill Financial and PSA Peugeot Citroen are among the employers that have been shortlisted for the award ‘Best benefits communication – small employer’ at the Employee Benefits Awards 2015.This award recognises employers that have taken an effective and innovative approach to benefits communications, be it through face-to-face presentations, ...
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Supplier articleTop 10 most read stories this week
The top 10 most read stories between 30 April to 7 May on employeebenefits.co.uk:1. How employers can boost employees’ emotional resilience 2. E.On informs staff about childcare and pension reforms 3. Barclays C&ES business under review 4. Living wage gains momentum 5. TPR issues first escalated auto-enrolment fines 6. Olympic ...
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ArticleConfessions of a benefits manager: Candid sets email rules
Mind you, I am not as bad as some. My colleague Lazy Susan has hundreds of unread emails at any time. I can see the little badge count clicking up every day and I get doubly stressed by proxy.Big Bad Boss is just as bad. He says that email is ...
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ArticleIt pays to be tall
Something for the weekend… It seems, according to new research, that it pays to be tall.Ohio State University has found that taller employees receive a substantial premium in earnings or wages.Its study estimated that a 6ft tall person is likely to earn £100,000 more in a 30-year career than someone ...
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Article34% concerned about work-related stress
Just over a third (34%) of respondents are concerned about work-related stress, according to research by health and safety consultancy Arinite.Its study of 1,755 UK adults between the ages of 25 and 64 also found that a third are worried about the possibility of suffering from physical or mental health ...
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ArticleLufthansa Group pension deficit reaches €10.2bn
The Lufthansa Group’s defined benefit (DB) pension scheme has seen a 41% increase in liabilities since the end of 2014.The deficit of the airline’s scheme reached €10.2 billion (£7.4 billion) at 31 March according to the group’s first quarter earnings report.The organisation has attributed its high pension obligations to falling ...
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ArticleBMI Healthcare shortlisted for default investments
BMI Healthcare and Thompsons have been shortlisted for the award ‘Best DC pensions default investments’ at the Employee Benefits Awards 2015.This award recognises employers that have made a concerted effort to offer an effective default investment strategy for their defined contribution (DC) pension scheme that is appropriate for their workforce.The ...
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ArticleFind out how the new government will impact benefits
A new government always entails a period of uncertainty and as the Conservative Party settles into Parliament, find out what this will mean for employee benefits in your organisation. Employee Benefits magazine is holding a half-day post-election special event for HR and benefits professionals which will cover everything employers need ...
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Supplier article
Protection, health and wellbeing benefits help 1,500 employees back to work
According to trade body Group Risk Development (GRiD), more than 1,500 employees returned to work early following assistance from PH&W benefits during 2014.Keeping a business healthy is one of the key components to running a successful organisation and these figures help to demonstrate that PH&W benefits help build sustainable workforces ...
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ArticleBasic pay expected to grow 1.8% in coming year
Basic pay is expected to grow by 1.8% in the coming year, down from 2% in the previous quarter, according to research by the Chartered Institute of Personnel and Development (CIPD).Its Labour market outlook: Spring 2015 report, which surveyed 1,000 UK employers, also found that the modest fall in pay ...
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ArticleEmirates staff receive bonus worth nine weeks’ pay
Emirates has awarded its 84,000 staff globally a bonus payment worth nine-weeks’ pay as part of its profit share scheme, after the airline posted its second ever highest annual profit.The Emirates Group operates a profit share scheme based upon the profit results of the business for the financial year. On ...
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Article
Samsung adds new perks to flex and revamps communications
EXCLUSIVE: Samsung has added six new benefits to its flexible benefits package for its 1,600 employees.The technology organisation has also introduced new communication techniques to promote the new benefits available, as well as its annual flex window.It launched the new benefits in its flex enrolment window in March, with employees’ ...
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AnalysisIt is time to rebrand pensions
Key pointsEmployees are still confused about pensions, the new freedoms and how they apply to themOrganisations that strive to be an employer of choice need to go beyond merely complying with the new changes and use strategic communications to educate their workforcesPensions should be positioned as part of lifestyle choices, ...
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ArticleEmployee Benefits Post-Election Special to be held on 15 June
Employee Benefits will host a post-election special event on 15 June at 30 Euston Square.The half-day conference will cover all that HR, benefits and compensation professionals need to know about the impact of the election, and the new Conservative government’s policies on benefits.The agenda includes sessions covering key policy areas ...
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Case StudiesHertfordshire County Council uses rehab benefits to control absence
The council offers benefits such as an onsite occupational health unit and rapid referrals from line managers, which also help the organisation to understand underlying issues or changes in an employee’s illness. The employee is then referred to their GP and contacted by their line manager bi-weekly.Each case is treated ...
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AnalysisExcepted group life policies: the devil is in the detail
Key pointsFrom April 2016, the lifetime allowance limit will reduce to £1m, meaning more employees will exceed the allowance and become liable to a potential 55% taxEmployers may be considering excepted group life policies to mitigate the effects of the reductionWith their 10-year anniversary approaching, it is critical employers review ...