All Employee Benefits articles in Web Issue – Page 854
-
Opinion
Lovewell's logic: Why should employers support social issues?
Given the wide reach of such issues across UK society, the chances are that employees in almost every workplace will be affected by one of these in some way.However, many will understandably be reluctant to disclose to their employer or colleagues that they are grappling with such issues, given their ...
-
Opinion
Investment Insight - Mensis horribilis
By Richard Dunbar, Investment Solutions, Aberdeen Asset ManagementTo the annus horribilis in the occasionally peculiar world of commodities has been added a mensis horribilis. In the past four weeks oil is down 20 per cent, copper down 10 per cent, corn 10 per cent and even gold is down 7 ...
-
Supplier article
Video update: Winners and losers in a rising US rate cycle
US rate rise: A new era to buy and hold qualityBy Felix Wintle, Head of US EquitiesWatch Felix Wintle discuss the US’s first rate rising cycle in a decade and why he believes a focus on quality stocks will be key for outperformance in this environment.In the video Felix discusses:The ...
-
Article69% take entire pension pot as cash lump sum
More than two-thirds (69%) of respondents have chosen to take their entire pension pot as a cash lump sum since the pension freedoms came into effect in April, according to research by Royal London.The life, pensions and investment firm’s survey of 800 customers found that just under a third (32%) ...
-
ArticleDeloitte reports 18% gender pay gap
Deloitte has revealed that its male staff are paid 18% more than their female counterparts.The accountancy firm is due to publish details of its gender pay gap next week in its annual Impact Report. It supports prime minister David Cameron’s proposals to require larger businesses with more than 250 employees ...
-
ArticleHear why benefits must suit employers' internal culture
Employee benefits must be adapted to suit an organisation’s internal culture and its workforce in order to boost engagement, according to Dr Neil Lancaster (pictured), people and social responsibility director at Gamestec Leisure. He will discuss this and other cost-effective strategies for boosting staff engagement at Employee Benefits Live 2015 ...
-
Article
53, Buyer's guide to total reward statements
TRS can also be used to communicate the value of less tangible benefits, such as learning and development and flexible-working arrangements, as well as, for example, enhanced parental leave and pay, and employee assistance programmes.The idea that employees value different benefits at different stages of their career has become one ...
-
Article96% foresee changes to state pension
Just 4% of financial advisers believe the state pension will continue in its present form over the next 30 years, according to research by pension provider Aegon UK.Its survey of 208 financial advisers found that almost half (49%) of respondents that think there will be changes to the current system ...
-
ArticleTesco staff to take part in Cycle to Work Day
Tesco staff will be taking part in Cycle to Work Day on 3 September.The annual event aims to encourage workers to cycle their commute for just one day to boost active travel and healthier living.Around 500 organisations representing 800,000 employees, including Tesco’s 300,000 staff, will be encouraged to take part ...
-
Analysis
42, 43, 44 - Special report: A best practice guide for mental health management in the workplace
If you read nothing else, read this….Mental health problems can be a major financial drain on an employer, leading to increased absence, presenteeism and health insurance costs, as well as risking litigation and reputational damage.Training can help line managers identify the early signs of a mental health problem and signpost ...
-
Analysis
Supplement, 6,7,8: Motivating a multi-generational workforce
If you read nothing else, read this…Different generations value, and are motivated by, different rewards and benefits, at least in the non-core benefits space.There is a risk of over-generalising if employees are pigeon-holed into generational groups.Personalised rewards and flexible benefit schemes can help accommodate different needs.According to the Hays UK ...
-
ArticlePolice to appeal against EAT decision on age discrimination
An appeal has been filed against the Employment Appeal Tribunal’s (EAT) ruling that a regulation enabling police forces to compulsorily retire officers after they become entitled to a pension worth at least two-thirds of pensionable pay (typically after 30 years’ service) is not age discriminatory.The judgment in the case of ...
-
ArticleBonus payments increase by 2.7%
Total bonus payments reached £42.4 billion in the UK in the 2014-2015 financial year, according to the Office for National Statistics (ONS).Its annual report found that bonus payments increased by 2.7% on the previous financial year and came in at just 0.1% below the 2007-2008 financial year, when bonuses reached ...
-
ArticleNational Museums Scotland staff strike over pay
Staff at National Museums Scotland are currently holding a seven-day strike in a dispute over weekend pay arrangements.Weekend working allowances have not formed part of the contracts for new staff members since 2011.Employees that are members of the Public and Commercial Services Union (PCS) want the weekend pay allowance, which ...
-
Supplier article
The future of employee benefits?
There is one particular item within the report where UNUM asked their corporate clients: ‘Who influences the structure of your employee benefits package?’The responses included competitor offerings, the board, HR and employee benefits press coverage, and employee requests.These are indeed all powerful drivers when structuring a benefits package, but what ...
-
Analysis
13: Total reward in numbers
2,200: The number of employees receiving total reward statements at TalkTalk http://bit.ly/1LACIe9 32%: The percentage of London workers that are most motivated by non-monetary benefits (Source: NGA Human Resources, August 2015) http://bit.ly/1Igb4vh 37%: The percentage of employees that name access to a better mortgage rate as the benefit they would ...
-
Supplier article
The employment cost of The Big Society
The idea was never well articulated, and frankly most were mystified at exactly what the Tories were trying to achieve with this policy idea. So before proceeding further – and to refresh all our memories – we have looked up the definition of The Big Society on the internet. According ...
-
Analysis
3: Motivation and recognition: a roundup of case studies on boosting staff morale
LateRooms.com has launched a long-service awards scheme that will reward long-serving staff with a voucher of either £150 or £250 for a Red Letter Days’ experience. The organisation has also relaunched its recognition scheme http://bit.ly/1EiRXFK Nearly all (95%) the staff at Chiswick Park, which includes organisations such as Discovery, PepsiCo, ...
-
ArticleCaledonian MacBrayne earns living wage accreditation
Ferry operator Caledonian MacBrayne’s parent company, David MacBrayne, has been accredited by the Poverty Alliance on behalf of the Living Wage Foundation.The organisation has committed to paying its 1,450 staff the hourly living wage rate of £7.85, including all employees at Argyll Ferries.Caledonian MacBrayne has also made a commitment to ...
-
ArticleWorkplace should promote mental wellbeing
More than four-fifths (85%) of respondents believe they have a significant responsibility to provide staff with a working environment that promotes mental wellbeing, according to research by Buck Consultants at Xerox.Its survey of more than 400 employers across 31 countries also revealed that 28% of UK employers rate stress levels ...