All Employee Benefits articles in Web Issue – Page 887
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Supplier article
Mitigating costs for the long term
Healthcare trusts could help employers address the future challenges of corporate healthcare, says Bruce Eaton, managing director, Healix Health Services.For over a decade, employers have seen a steady increase in spend on healthcare with medical inflation varying between 6% to 12%, compounded. For many, this is an accepted cost to ...
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ArticleNational Grid extends living wage commitment to apprentices and interns
National Grid has extended its living wage commitment by paying the voluntary rate to its apprentices, interns and graduates.The gas and electricity utility organisation received its living wage accreditation in September after it committed to paying all employees and third-party contractors the Living Wage Foundation’s recommended rate.The voluntary rate, which ...
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Supplier article
Motivating staff in the festive season
The run-up to Christmas is a time to obtain staff feedback and build momentum for the year ahead, says Bill Alexander, chief executive officer, Red Letter Days for BusinessKey points Employers should not let top talent head off on their Christmas break without finding out how they felt about working ...
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ArticleGovernment confirms secondary annuity market will not extend to workplace pensions
The government has confirmed that the secondary annuity market will not extend to defined benefit (DB) workplace pension schemes.From 6 April 2017, the government will remove tax restrictions for individuals looking to sell their annuity. This will enable those with an existing annuity, as well as anyone who purchases an ...
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ArticleEmployee Benefits Awards entry deadline extended
The Employee Benefits Awards 2016 entry deadline has been extended to 29 January 2016.The annual Employee Benefits Awards provide employers with an opportunity to gain recognition for their benefits achievements. There are 23 categories to enter, ranging from pensions and healthcare to voluntary and motivational benefits, and everything in between, ...
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Supplier article
2016/17 auto-enrolment thresholds
Hot off the press from the government are the proposed pension auto-enrolment triggers and band earnings for the next tax year. Such detail is of course important given that automatic enrolment is now a legal requirement for all employers (or at least will be once all have passed their staging ...
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Supplier article
Avoiding shopping cyber crimes this Christmas
It is the season of goodwill and the time to love thy neighbour. As you gear up for the holiday period, make sure that you’re not blinded by the happiness and joy of giving presents to your loved ones.As ecommerce gradually dominates the Christmas retail rush, there’s more reason than ...
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ArticleGovernment to maintain auto-enrolment earnings trigger for pensions
The government is to maintain the current auto-enrolment earnings trigger for workplace pensions into 2016-2017.The trigger, which determines which employees are eligible to be automatically enrolled into a workplace pension, will remain at £10,000.The Department for Work and Pensions’ (DWP) Review of the earnings trigger and qualifying earnings band for ...
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ArticleEXCLUSIVE: DB Schenker holds eyecare awareness week for staff
EXCLUSIVE: Logistics firm DB Schenker hosted an eyecare and road safety awareness week for its UK staff.The event, which coincided with Road Safety Week on 23-29 November 2015, is in line with the organisation's commitment to supporting its employees' health and wellbeing while ensuring it meets its corporate and social ...
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AnalysisHow to stay engaged with mental health issues
Need to know:Managers have an important role to play in addressing mental health in the workplace, but this cannot be the only line of support.Making a visible commitment to mental wellbeing can help tackle the stigma surrounding mental ill health.Best-practice sharing, collaboration, and drawing on employee feedback can help employers ...
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OpinionBrian Dow: Wellbeing plans can help managers make effective changes
Because mental illness affects people in very different ways, there is no one size fits all when it comes to supporting people at work.As an employer myself overseeing a large team, there are a number of things I have done that anyone could do, which don’t cost anything. It could ...
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Case StudiesHerbert Smith Freehills supports mental wellbeing through mentor network
In May 2015, Herbert Smith Freehills launched a mental health mentor programme to support the 2,000 employees at its London office and the 250 members of staff based at its Belfast location. The law firm runs mentoring schemes in other areas of the business, and wanted to draw on this ...
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Supplier article
The importance of mental wellbeing in the workplace
Providing the training and tools to support mental health can enhance staff wellbeing, motivation and engagement, says Kirsty Jagielko, head of marketing at Cigna UK Healthcare BenefitsSupporting employee mental health is a growing challenge for many employers. Around 70 million working days were lost to mental illness in 2013 at ...
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Article57% have experienced a mental health issue
More than half (57%) of employees have experienced a mental health problem while in employment, according to research by Canada Life Group Insurance.Its research, based on responses from 1,000 workers, also found that 51% of those who have suffered from mental health issues have taken time off from work because ...
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ArticleTotal pay increases by 2.4%
Total pay, including bonuses, for employees in Great Britain increased by 2.4% between August and October 2015, according to the latest figures from the Office for National Statistics (ONS).Its Labour market statistics, December 2015 also found that pay excluding bonuses increased by 2% between August and October.In real terms, for ...
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ArticleCancer Research UK outsources company cars
Charity Cancer Research UK has outsourced its company cars to control costs, introduce fleet best practice and reduce administration.The organisation has outsourced the management of its 180 cars to provider Fleet Hire in order to run its scheme more efficiently.The charity operates a contract hire scheme, with a single badge ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk from 10-17 December 2015 What is driving employers’ flexible benefits strategies?EDF Energy consults on opening defined benefit pension scheme to new membersCouncil employees receive two-year pay rise offerGovernment confirms secondary annuity market will not extend to workplace pensionsCapita to acquire Work Group’s ...
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OpinionLovewell's Logic: Merry Christmas and a happy New Year!
As 2015 draws to a close and attention inevitably turns to what lies ahead in 2016, it can be easy to forget to take a minute to stop and reflect on the year we’ll soon be leaving behind.Yet, when life is rushing past at what can feel like a million ...
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ArticleUK Fast offices boast a bar, DJs and giant chessboard
Something for the weekend…UK Fast offers some rather unusual benefits.The digital cloud organisation has kitted out its offices with a giant chessboard, bar and recording studio where its 255 staff can have a break and create music.Its office space also boasts a den where employees can have naps for half ...
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ArticleEmployee Benefits Connect puts the spotlight on the future of reward
Employee Benefits Connect 2016 will offer delegates the opportunity to stay ahead of the game by hearing the latest thinking about the future of reward.The annual event, held on 9 March 2016 at the Lancaster London, provides reward and benefits professionals with valuable opportunities to share ideas and knowledge with ...