All Employee Benefits articles in Web Issue – Page 903
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OpinionLynette Jacobs: Employers need to determine their objectives in extending a share plan internationally
Extending a share plan internationally is no longer an exception and the considerations for a small organisation extending participation into three jurisdictions and a multinational group operating a plan in 80 countries will be the same.The employer should first determine its objectives in extending the plan overseas, typically to strengthen ...
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ArticleLearn about car salary sacrifice schemes fit for the future at Employee Benefits Connect
Delegates that attend Employee Benefits Connect 2016 can gain insight into how to offer a car salary sacrifice scheme that is effective for employers and employees now and in the future.During a roundtable session entitled ‘How to provide a successful salary savings car scheme’, Alison Argall, business development director at ...
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Article69% make employer pension contributions of 6% or less
More than two-thirds (69%) of respondents offer a contribution of 6% or less of earnings to their employees' pension savings, according to research by Punter Southall Aspire.Its survey of 106 employers also found that 81% of respondents contribute less than 10% of earnings to their employees' retirement savings.The research also ...
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ArticleSouthwest Airlines to share $620 million with staff
Southwest Airlines is to give $620 million to its employees as part of its 2015 profit sharing plan.On 29 April 2016, eligible employees will receive the equivalent of eight weeks of pay or almost 16% of their eligible compensation.This is the highest total amount that the airline has ever allocated ...
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Supplier article
How employees could avoid losing their pension to scams and fraudsters
The Pensions Advisory Service (TPAS) has recently launched a new campaign warning people about the threat of pension scams. In light of this, WEALTH at work, a leading provider of financial education in the workplace, supported by guidance and advice, shares their top tips on how employees could avoid losing ...
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ArticleJust 3% help staff understand the changes to lifetime and annual allowance limits
Just 3% of employer respondents are helping their employees to understand the changes to lifetime and annual allowance limits that come into effect in April 2016, according to research by Close Brothers Asset Management.The Close Brothers business barometer, which surveyed 917 employers, also found that 14% of respondents offer retirement ...
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Article
Borough of Windsor and Maidenhead to pay staff above national living wage
The borough of Windsor and Maidenhead to pay all staff, regardless of age, above the national living wage of £7.20 an hour.From 1 April 2016, when the government is introducing its national living wage of £7.20 an hour for workers 25 and over, the borough of Windsor and Maidenhead will ...
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ArticleDame Carol Black to discuss mental ill-health stigma at Employee Benefits Connect
Dame Carol Black, expert advisor on health and work at the Department of Health, will discuss how employers can help to reduce the stigma around mental ill-health at Employee Benefits Connect 2016.Black (pictured) will speak at a conference session entitled 'Will employers be able to reduce the stigma of mental ...
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ArticleLondon City Airport introduces financial wellbeing app for staff
London City Airport has introduced a financial wellbeing app for its 500 employees.The app, provided by Squirrel, helps employees to manage their money and save directly from their pay.The financial wellbeing app was implemented in January 2016, with employee take up of 15% within the first month.Michelle Truss, HR business ...
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Video
The April 2015 pension changes – almost one year on
The six-minute video above covers:How much has actually changed almost one year on from the April 2015 pension reforms?Have employers adapted to the changes?What are the key things that employees need to know?What do employers need to do to prepare employees for retirement?To watch the same tutorial in smaller segments, ...
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Article
11, Are gift cards the ultimate staff reward?
We all know it is important for employers to show employees how much they appreciate them; thanking them for their hard work and loyalty while gearing them up for the challenges and opportunities of the next quarter.But what is the best reward to give them to keep them motivated and ...
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ArticleInfographic: What do employers offer for international staff in emergencies?
An infographic examining what employers offer traveling staff in terms of emergencies. (Source: Forum for Expatriate Management's Policy in Practice 2015, published in February 2015).
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Case StudiesVodafone supports global employees via tracker app
Mobile communication provider Vodafone uses International SOS to help protect staff based overseas and travelling on business. The business uses the TravelTracker app and security and medical services, says John Bernard, senior security manager, personnel and asset protection at Vodafone.“[We] can get 24/7 support in most languages,” he explains. “I ...
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AnalysisHow to support a global workforce during times of crisis
Need to know:Travel insurance and international private medical insurance may offer support in the event of a terrorist attack but some schemes may exclude terrorism.An employee assistance programme can be a valuable resource, especially in the aftermath of a crisis.Specialist security and crisis management advice may be offered by insurers ...
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Article
Sally Hart: A crisis is not something employers can control, but they can be prepared
Being prepared for the unexpected will give an employer peace of mind, faster resolution, and highlight commitment to the safety and wellbeing of employees.Employers should consider potential risks and review all insurance policies to ensure cover is adequate, as insurers often exclude things like war and acts of terrorism. Emergency ...
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OpinionSally Hart: A crisis is not something employers can control, but they can be prepared
Being prepared for the unexpected will give an employer peace of mind, faster resolution, and highlight commitment to the safety and wellbeing of employees.Employers should consider potential risks and review all insurance policies to ensure cover is adequate, as insurers often exclude things like war and acts of terrorism. Emergency ...
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AnalysisInfographic: What is employers' policy for travellers in an emergency?
An infographic about employers' policies for travellers in an emergency. (Source: Forum for Expatriate Management's Policy in practice 2015: business travellers report, published in February 2015).Read more about how to support a global workforce during times of crisis.
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Article89% say wellness programmes boost happiness and wellbeing
Almost nine in 10 (89%) employee respondents believe that taking part in workplace wellness programmes improves their overall wellbeing and happiness, according to research by US health insurance provider Humana and the Economist Intelligence Unit.Their research, The wellness effect: the impact of workplace programmes, which surveyed 209 US employers and ...
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ArticleEXCLUSIVE: BGL Group relaunches bikes-for-work scheme
EXCLUSIVE: Financial services firm BGL Group has relaunched its bikes-for-work scheme.The bikes-for-work scheme, provided by Cycle Solutions, was re-launched this month to further boost take up.The relaunch includes a series of roadshows across the country, as well as online and offline communications to promote the scheme to the organisation's 3,000 ...
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ArticleTotal pay increases by 1.9%
Total pay, including bonuses, for employees in Great Britain increased by 1.9% between October-December 2014 and October-December 2015, according to research by the Office for National Statistics (ONS).Its Labour market statistics, February 2016 report also found that pay excluding bonuses increased by 2% between October-December 2014 and October-December 2015.Average regular ...