All Employee Benefits articles in Web Issue – Page 888
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Article71% believe CEO pay is too high
Almost three-quarters (71%) of respondents believe that chief executive officer (CEO) pay in the UK is too high or far too high, according to research by the Chartered Institute of Personnel and Development (CIPD).Its study, The view from below: What employees really think about their CEO’s pay packet, which surveyed ...
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ArticleEAP cases dealing with employee anxiety increase by 74%
The number of employee anxiety cases dealt with through employee assistance programmes (EAPs) increased by 74% between 2012 and 2014, according to data from Workplace Options.Its research, which surveyed EAP data from over 100,000 employees in Asia, Europe, Africa, North America, and South America, also found that the number of ...
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ArticleKPMG partner remuneration decreases by 13%
Average remuneration for partners at professional services firm KPMG fell by 13% from £715,000 in 2014 to £623,000 in 2015, according to its UK annual report 2015.KPMG UK currently employs 617 partners and 11,652 members of staff, an increase of almost 3% compared to 2014.Its chairman’s pay for the year, ...
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ArticleSteve Webb begins Royal London role
Former pensions minister Steve Webb has taken up his position as director of policy and external communications at Royal London. The appointment was first announced in August 2015.Webb was pensions minister between May 2010 and May 2015, and a member of parliament since 1997.
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ArticleBritish Land hires Bourne
Warren Bourne has joined British Land as reward consultant (interim). He joined from EDF Trading, where he was head of reward (interim).Bourne previously held the role of global and UK reward director (interim) at Bupa, and of reward consultant (interim) at Henderson Global Investors.
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ArticleBurtoft joins Comcast
Kirsten Burtoft has moved to media production organisation Comcast where she is global benefits manager.She was previously reward manager at NBCUniversal, as well as a reward advisor. Burtoft's previous experience includes reward analyst at MTV Networks Europe and reward analyst at John Lewis.
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ArticleWragge Lawrence Graham recruits Mckie
Law firm Wragge Lawrence Graham and Company has appointed Neil Mckie head of reward and performance.Neil previously worked at Herbert Smith Freehills as head of reward, management information (MI) and HR systems, at Deloitte as head of reward and MI, and at Barclays as senior manager change and reward.
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ArticleSmith moves to UCL
Karen Smith has joined University College London (UCL) as head of wellbeing.Smith's prior experience includes organisational wellbeing manager, as well as reward and wellbeing manager at the Financial Ombudsman Service.
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ArticleThe top 10 most read stories in October-November
Most read stories online between 15 October and 15 November:PWC launches return-to-work programmePricewaterhouseCoopers (PWC) has launched a return-to-work programme to encourage talent back into the workplace.LinkedIn US to introduce unlimited holidayLinkedIn introduced unlimited holiday for its 6,000 US employees, effective 1 November 2015.Parliamentary committee urges Pension Wise improvementsThe government should ...
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AnalysisThe latest trends in health cash plans
Need to know:Providers are expanding the cash plan offering to offer a broader range of treatments and services.Cash plan design is becoming more flexible to help employers better manage their health budgets.Health cash plans could offer a cost-effective alternative to private medical insurance for some employers, following the insurance premium ...
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ArticleThe month in numbers: November 2015
A round-up of some of November’s stand-out facts and figures relating to employee benefits.29% of female workers earn less than the living wage (Source: KPMG)£8.25 is the new living wage rate recommended by the Living Wage Foundation42% of respondents affected by critical illness have to make lifestyle changes in order ...
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AnalysisWhat role do healthcare trusts play in a modern health and wellbeing strategy?
Need to know:Healthcare trusts can provide an alternative to private medical insurance (PMI) where the employer is in control of the benefits schedule.A trust can be part of an overall health and wellbeing strategy, encompassing benefits such as employee assistance programmes (EAPs) and health screening.Healthcare trusts may become more attractive ...
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AnalysisQuirky ways to communicate health and wellbeing benefits
Need to know:Creating memories for employees when introducing or revamping health benefits can encourage take-up and increase awareness.Encouraging a sense of competition can boost engagement with certain health and wellbeing benefits.Thinking outside the box to transform traditional communication can make a benefit stand out.Employers are increasingly recognising the importance of ...
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ArticleHealth and wellbeing in numbers, December 2015
A look at some of the latest facts and figures in workplace health and wellbeing.44% of respondents would like their employer to help them make positive changes to their lifestyle (Source: Bupa) 56% of respondents cite unrealistic deadlines and workloads as a key trigger for workplace stress (Source: LV=) 13% ...
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AnalysisWhat impact will the insurance premium tax rise have on healthcare benefits?
Need to know:Insurance premium tax (IPT) increased from 6% to 9.5% from 1 November 2015, although there is a transitionary period until the end of February 2016.This will affect private medical insurance (PMI) premiums in particular, but there will also be a knock-on effect on national insurance (NI) contributions and ...
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OpinionStuart Scullion: Employers need to mitigate the impact of the insurance premium tax rise
The Budget’s ‘unrealistic and unacceptable’ increase in insurance premium tax (IPT) could represent the final straw for some employers that may now cancel their cover.While I think many of us expected there to be an increase in the Budget, we are both surprised and disappointed at the size and scale ...
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AnalysisHow employee health data can help inform an absence management strategy
Need to know:Employers can look for patterns in their data, including higher levels of absence in a particular department or spikes in certain types of absence.They can investigate instances where an employee has higher absence rates because this could be caused by illness or personal issues such as elder care, ...
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ArticleHealthcare and wellbeing strategies rise to the top of many corporate agendas
November saw several events that brought employers’ healthcare and wellbeing strategies firmly back to the top of many corporate agendas.National Stress Awareness Day on 4 November highlighted the ongoing issue facing many organisations of how best to support staff suffering from stress and other mental health issues.This can be such ...
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Case StudiesFleetmatics uses data to revise health and wellbeing strategy
The power of data is well understood by Fleetmatics, a global organisation specialising in developing fleet management software. But, when Michael Arkins joined as HR manager in 2012, the organisation was failing to take full advantage of its own data. “A mixture of spreadsheets and forms were being used to ...
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OpinionDavid Webb: Absence management policies should provide clarity
Keeping accurate records of staff absence and effectively managing those absences are essential in running a successful organisation.A small business should, as a minimum, log when individual staff are off ill or absent for an unauthorised reason, for example, because of an unforeseen family caring responsibility.A larger employer should be ...