All Employee Benefits articles in Web Issue – Page 869
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ArticleFacebook pays £1.2m towards UK pension contributions
Facebook UK spent £1.2 million on contributions to its defined contribution pension scheme last year, according to its annual report for the year ending 31 December 2014.The social media giant also paid out £35.4 million for employee share-based payment plans in 2014, compared to £15.5 million in 2013.At the close ...
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Article39% of younger workers prioritise saving
More than a third (39%) of respondents aged 18-24 years old prioritise saving, with this group having saved the greatest percentage of their salary (10.9%) in the last year, according to research by Towers Watson.Its survey of 5,004 employees between the ages of 18 and 65 also found that 44% ...
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Supplier article
Jelf employment seminars return to central London
And once again we have a quality range of speakers for our delegates to learn and laugh with. Our line-up includes: The learned Tim Randles will provide his usual amusing and informative insights into the complex world of Employment Law.Lee Coles will explain why pension freedoms pose new challenges for ...
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AnalysisIs the Fit for Work service working for employers?
If you read nothing else, read this…The Fit for Work service began its phased roll-out in December 2014. It offers health information and advice to employers and staff, as well as a referral for a health assessment for employees who are off work.The service has received mixed reviews, but is ...
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Case StudiesWellbeing at Reed Business Information is led from the top
Reed Business Information’s (RBI) Living Well programme is designed to support the physical and psychological wellbeing of its 2,000 employees.It encompasses physical fitness, healthy eating, emotional wellbeing, and giving back through a strong charity agenda. The programme is led by global marketing director, Lawrence Mitchell.“As an ambitious [organisation] focused on ...
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AnalysisHow to get board level buy-in for workplace wellbeing initiatives
If you read nothing else, read this…To create a business case for a wellness scheme and demonstrate the return on investment (ROI), organisations need accurate internal baseline metrics around staff health and wellbeing.An effective HR technology system is key to collating and analysing what can be a huge amount of ...
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Article55% do not receive a reward at Christmas
More than half (55%) of respondents do not receive a reward or gift from their employer at Christmas, according to research by Red Letter Days for Business.Its survey of 2,004 UK employees found that 40% of highly engaged respondents receive a gift to mark the festive season, dropping to 8% ...
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ArticleBaker Tilly acquires Employer Services
Baker Tilly has acquired payroll, human resources solutions and business services firm Employer Services (ESL).The acquisition aims to expand on the services and expertise Baker Tilly offers to employers and enhance its existing outsourced payroll service.All 45 staff at ESL based in Brentwood, Essex, will join Baker Tilly. Stuart Hall, ...
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ArticleParadigm introduces salary sacrifice car scheme
Paradigm Housing Group has launched a salary sacrifice car scheme for its 440 staff.The scheme, provided by fleet management firm TCH Leasing, offers employees a fully managed car for a monthly fee. The salary sacrifice arrangement includes insurance, service, maintenance and repair costs.Through the TCH Salsa scheme, staff at the ...
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AnalysisHow is employment tax simplification progressing?
No doubt some will be wondering: ”What has the OTS ever done for us?”The OTS has spent a good deal of time looking at employee benefits and expenses. The goal was to achieve both technical and administrative simplifications to the tax system, aiming to help employers and reduce their compliance ...
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Supplier article
Beyond Allocation: The changing role of advisers and their value to clients
Advisers need to assume three key roles
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Article29% of women paid less than the living wage
More than a quarter (29%) of jobs for female employees in the UK paid less than the living wage in 2014, according to research by the Office for National Statistics (ONS).This figure fell to 22% in London, but remains higher than the percentage of male employee jobs that paid less ...
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Article68% favour initial tax relief on pensions
More than two-thirds (68%) of respondents are in favour of retaining some level of initial tax relief for pension contributions, according to research by Jelf Employee Benefits.The 2015/16 Jelf Employee Benefits survey found that, from an employer perspective, 27% of respondents do not want to see any change to the ...
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Supplier article
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This is an example page. It's different from a blog post because it will stay in one place and will show up in your site navigation (in most themes). Most people start with an About page that introduces them to potential site visitors. It might say something like this:Hi there! ...
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ArticleEmployee Benefits Awards 2016 open for entries
The Employee Benefits Awards 2016 are now open for entries.There are 23 categories to enter, ranging from pensions and healthcare to voluntary and motivational benefits, and everything in between.Employers can submit entries for as many categories as they would like, providing that entries are tailored to the particular category in ...
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Article
15: Close Brothers Industry Insight: Getting the balance right for retirement savings
The combination of longer lifespans and new pension freedoms has turned the way we need to plan for retirement on its head.The freedom and choice reforms are now tearing up the traditional covenant between the government and savers. For generations, pensions have been structured as ‘a double-edged incentive’; in return ...
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Case StudiesK&L Gates redesigns workplace to motivate staff
Before moving into its offices in London’s One New Change in 2011, legal firm K&L Gates’ 250 London employees were based in an 11-storey building on Cannon Street, with each floor housing a different department.Tony Griffiths, administrative partner at K&L Gates, explains: “The way the office was set out meant ...
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OpinionSir Cary Cooper: Motivating employees naturally
In the current economic climate, every employer is looking for ways to motivate its workforce, boost productivity, inspire creativity and, ultimately, improve its bottom line.Interestingly, there is a real business case for the benefits of incorporating natural elements into office design. Known academically as biophilia, the concept describes the biological ...
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AnalysisHow can the workplace motivate staff?
If you read nothing else, read this….A well-designed workplace can support employee wellbeing, enhance productivity, and help to attract and retain key personnel. Adequate lighting, space and temperature control are employees’ must-haves in a workplace.Involve employees: by understanding what matters to them and what they need, changes are more likely ...
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ArticlePartnerships in Care sees 10% take up of car salary sacrifice
Healthcare organisation Partnerships in Care has seen a 10% take-up rate among staff who have registered an interest in its car salary sacrifice scheme, which launched in June 2015.The benefit was introduced after employee focus groups highlighted cars as a benefit that would be of interest to staff.Following consultations with ...