All Employee Benefits articles in Web Issue – Page 857
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AnalysisPensions in numbers
£1m: The lifetime allowance for pension contributions announced in the Summer Budget, reduced from £1.25m bit.ly/1eMdScs37% of employers think that the introduction of the pension freedoms has encouraged them to offer a greater level of financial education to their staff (Source: Close Brothers Asset Management research, published July 2015) bit.ly/1CtrUep83% ...
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Case StudiesGoodman Masson attracts talent with supportive benefits
A central part of this is its Mortgage Fund, into which staff can contribute as much as 20% of their salary each month for three years, with the firm then adding a further 33% of the total. For staff who also put in their bonus, the employer contribution is even ...
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OpinionNick Bacon: Employers play a vital role in tackling societal issues for staff
Broader societal problems affect a firm’s performance because employees do not leave their personal problems at the door when they enter the workplace. Worries about debt, housing and personal relationships affect how many employees perform at work. This is because difficult personal circumstances affect energy levels, concentration, engagement and, ultimately, ...
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AnalysisThe role reward plays in creating a destination employer
If you read nothing else, read this …The ability to attract, retain and hire talented employees helps create a destination employer.Reward packages play a role in all three stages.Reward and benefits strategies must be engaged at an early stage of an employee’s lifecycle, such as onboarding, to help motivate staff.It ...
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ArticleOliver Bonas receives living wage accreditation
Independent high street retailer Oliver Bonas has been accredited as a living wage employer, meaning that all staff will now be paid at least £7.85 an hour.Oliver Bonas has committed to paying all directly employed staff, as well as third party contractors, the living wage.This includes employees across its 43 ...
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ArticleGovernment steps up penalties for national wage non-compliance
The government has doubled the penalty fines for employers that do not pay their staff the national minimum wage and new national living wage.Under the new measures, those found guilty of not paying the appropriate rate will be considered for disqualification from their director role for up to 15 years.The ...
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ArticleSky to discuss benefits communication at Employee Benefits Live
John Whitaker, benefits consultant at Sky, will discuss benefits communication strategies at Employee Benefits Live on 22 September 2015.He will deliver a session entitled ‘A guide to successfully marketing your benefits offering’, alongside Anna Cotgreave, reward and benefits manager at law firm Clifford Chance.During the session, Whitaker (pictured) will outline ...
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Supplier article
A good gig? The ‘gig’ economy and retaining employees
So what is this new and strange-sounding animal?The gig economy is the label that has been applied to a potential new working world, where people work for themselves, trading their services on a full or part time basis. The name therefore reflects the world of musicians and comedians, who are ...
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Supplier article
Jelf's health and wellbeing event is set to take place in October
To help our delegates achieve these important objectives we are delighted to welcome broadcaster, best-selling author, and psychologist Dr David Lewis. An acknowledged authority on many health issues and their triggers, Dr Lewis has written books as diverse as One-Minute Stress Management, Fight Your Phobia and Win, ...
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Supplier article
Red Letter Days for Business launches subscription reward range
Launched in time for Christmas, the new and growing product category includes 36 memorable subscription packages starting from as little as £20, such as:Montezuma’s Real Chocolate Club where an exquisite package of the latest and most innovative creations from the chocolate company’s range is delivered every monthCraft Beer Club subscription ...
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ArticleEmployee Benefits digital magazine - September 2015
Read the full digital September edition of Employee BenefitsSocial issues, such as rising house prices, high consumer debt and pressures on the NHS, can all weigh heavy on employees, but employers can offer a range of initiatives to steer staff though. Find out how in The way to go.Find out ...
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Supplier article
Red Letter Days for Business partners with Classpeople to reward teachers
In January 2015, Classpeople partnered with incentive and reward experts Red Letter Days for Business to launch the initiative that sees a supply teacher or EYE employee awarded each month for showing dedication and commitment to their role. The monthly winner is congratulated with a bottle of fizz, certificate, and ...
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Supplier article
Red Letter Days for Business helps LateRooms.com launch long-service programme
The hotel bookings specialist has been providing discounted accommodation throughout the UK since 1999 and 15 years on, is celebrating 17 per cent of its workforce being with the company for five or 10 years. Long serving employees will be presented with a £150 or £250 Red Letter Days experience ...
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OpinionBill Longe: What if pensions tax relief was scrapped?
“When you see someone putting on his big boots, you can be pretty sure that an adventure is going to happen.” AA Milne, Winnie-the-Pooh. Another Budget and yet more changes to pensions tax relief. Coupled with the announcement of further consultation on the subject, it is not difficult to reach ...
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ArticleJury to rule on employee status of FedEx drivers
A US district court in St Louis, Missouri, has referred a dispute over the employee status of FedEx drivers to a jury for deliberation.In the case of Gray vs FedEx Ground Package System, the latter contracts with operators to make deliveries. Under their contracts, the operators were not required to ...
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Article10: People Moves: Goodwin moves up at Countrywide
Countrywide has promoted Neil Goodwin to head of reward.He is now responsible for the execution and development of the organisation’s employee reward strategy.Goodwin was previously reward manager at Countrywide, reward manager at Macmillan Science and Education, reward consultant at Hutchison 3G and HR reward and systems specialist at Unipart.
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Article66% have little to no understanding of pension tax relief
Around two-thirds (66%) of respondents have little or no understanding of how the tax system impacts pension contributions, according to research by insurance provider Aviva.Its survey of 2000 working adults in the UK, carried out in August, also found that one in ten respondents have never heard of pension tax ...
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ArticleNHS to launch £5m health and wellbeing programme
The National Health Service (NHS) is launching a new £5 million health and wellbeing initiative for its 1.3 million health service staff.The new programme will be based around three pillars: a drive for improved staff health; occupational health services for GPs; healthier food and nutrition.NHS England and ten local NHS ...
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ArticleCapital One to share how to become a destination employer
Capital One will share how to become a destination employer during the closing keynote session at Employee Benefits Live 2015 on 22 September.The session, entitled ‘How to become a destination employer’, will focus on how employers can connect their employees with the key goals of the business.This final keynote will ...
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Article10: People Moves Top: Purnell now at Lucozade Ribena Suntory
Sarah Purnell has joined Lucozade Ribena Suntory as senior compensation manager.Purnell had a year-long career break before taking up this new position. Prior to that, she held the role of head of UK reward and benefits at Tesco. Her other previous experience includes IT finance manager at Tesco, finance analyst ...