All Employee Benefits articles in Web Issue – Page 893
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ArticleWhitaker moves to Amazon
John Whitaker has joined Amazon as global benefits program manager.Whitaker was previously benefits consultant at Sky, where he managed employee benefits for staff in the UK and Republic of Ireland. Prior to this, he was senior benefits consultant Europe, Middle East and Africa (EMEA) at insight and analysis firm IHS.
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ArticleCredit Suisse pays for nannies to accompany staff on business trips
Credit Suisse is to roll out a programme allowing nannies to accompany employees travelling on business trips with infants. From January 2016, the bank will pay for nannies’ travel and subsistence costs.The organisation will also extend its paid parental leave policy from 12 weeks to 20 weeks for its 8,500 ...
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ArticleThe top 10 most read stories in November-December 2015
The most read stories on www.employeebenefits.co.uk between 15 November and 3 December 20151. The Autumn Statement’s impact on employee benefitsOn 25 November, Chancellor George Osborne delivered the 2015 Autumn Statement and Spending Review.2. Government to gather evidence on salary sacrificeThe government will continue to consider what action, if any, will ...
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Article50% of Europe's top-paid CEOs are in the UK
Half (50%) of Europe’s top 10 highest paid chief executive officers (CEOs) are based in the UK, according to research by the Executive Remuneration Centre at the Vlerick Business School.The study is based on the remuneration packages of the UK’s FTSE 100 and all listed organisations in Germany, France, Belgium ...
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Article54% say working hours negatively affect stress levels
More than half (54%) of manager-respondents believe that working hours are having a negative effect on their stress levels, according to research by the Chartered Management Institute (CMI).Its study, The quality of working life, which is based on 1,574 responses from managers, also revealed that 20% of respondents who work ...
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ArticleBritish Airways and Media Zoo to deliver keynote addresses at Employee Benefits Connect
Nigel Jeremy, chief learning officer at British Airways, will present the opening keynote session at Employee Benefits Connect 2016 on 9 March. Jeremy will outline the latest thinking on how the range of different generations in the workplace might affect employee benefits in the future.Perry Timms, director, people and learning ...
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Supplier article
Healthcare Predictions for 2016
2016 will see a significant rise in the use of private GP services, widespread adoption of digital communications and an increase in self-funded healthcare schemes as insurers and employers adapt to the changing landscape of delivering healthcare, predicts Iain Laws, managing director, healthcare and group risk at Jelf Employee Benefits.He ...
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Supplier article
Workie gets mean…
Last year we highlighted the launch of the Department for Work and Pensions’ (DWP) auto-enrolment awareness campaign – fronted by that nice friendly monster Workie.The Pensions Regulator (TPR), however, may not be so cuddly. In early January it issued this statement, with some of the most relevant passages reproduced below ...
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Supplier article
FCA Retirement Income Market Data
Last week the Financial Conduct Authority (FCA) published their collected data under the above title for the period July-September 2015.It should be admitted that ordinarily such a set of figures would hold little appeal for either this article or our readers. Yet these are far from ordinary times for pension ...
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ArticleThe month in numbers: December 2015
A look at some of the key facts and figures from December 2015:8% would consider moving on from a new job if it does not provide them with a suitable work-life balance (Source: CV Library)34% believe that having pets in the workplace boosts health and happiness (Source: Purina)36% of employees ...
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Supplier article
The Pensions Regulator warns half a million small employers to avoid fines
A warning has been sent by The Pensions Regulator (TPR) to half a million small employers of their risk of being fined for not taking action on their workplace pension obligations.The Department for Work and Pensions’ (DWP) ‘Workie’ character, who first made an appearance on our screens in October last ...
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ArticleSheetz to invest $15m to increase employees' pay
US convenience store chain Sheetz is to invest more than $15 million this year to increase its employees’ pay.The organisation is making the investment in staff wages as part of its commitment to establish Sheetz as a great place to work and to offer a competitive compensation package for its ...
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ArticleUBM receives living wage accreditation
UBM, which employs more than 750 staff in the UK, has been accredited as a living wage employer by the Living Wage Foundation.All those working at UBM's UK premises, including permanent employees and third-party contractors and suppliers, will receive a minimum hourly wage of £8.25, and £9.15 in London.The living ...
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ArticleStarbucks China introduces sabbatical leave and housing allowance subsidy
Starbucks is introducing a sabbatical leave policy and housing allowance subsidy for its 30,000 Chinese employees.The organisation's Career Coffee Break scheme enables employees with 10 consecutive years of service to take a sabbatical of up to 12 months. Although the leave is unpaid, employees will still be entitled to receive ...
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Case StudiesSimplyhealth offers its workforce a total reward overview
Simplyhealth, which employs 1,400 people, uses its reward site, My Reward, to strengthen its employee pay, bonus and benefits offering and provide a go-to place where employees can find out anything they want to know about their total reward package.With its employee engagement relative to benefits on the increase, the ...
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AnalysisHow to make total reward statements relevant to staff
Need to know:There are many ways of positioning total reward statements (TRS) for maximum engagement but, for this to succeed, they must be embedded in all employee-related aspects of the business.Timely presentation of a well-developed and detailed TRS can be an effective driver of retention, particularly when employees are considering ...
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AnalysisInfographic: What is included in employers' total reward statements?
An infographic outlining what is included in employers' total reward statements. (Source: Aon's Employee benefits and trends survey, November 2015)Read more about how to make total reward statements relevant to staff.
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ArticleJust 32% of female staff believe they are paid the same as male counterparts
Less than a third (32%) of female employee respondents believe they are paid the same as their male counterparts for equal work, according to research by law firm Simpson Millar.Its research, which surveyed 1,000 employees, also found that a third (33%) of respondents are prepared to launch equal pay claims ...
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ArticleCost of global employer-funded health plans to increase by 9.1%
Average cost increases for global employer-funded medical plans are expected to reach 9.1% this year, according to research by Aon Hewitt.Its research, which is based on data from Aon professionals, clients and carriers within its medical plan business portfolio, also found that the average cost of employer-funded health plans in ...
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ArticleBank of England proposes changes to bonus buy-out rules
The Bank of England has laid out proposals that would enable bankers’ bonuses to be revoked after they have moved employer.At present, employers can compensate a new employee for remuneration they would have received from their previous employer in a practice known as buy-outs. When a new employer buys out ...