All Employee Benefits articles in Web Issue – Page 905
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ArticleFidler moves to Co-operative Bank
Lesley Fidler has moved to the Co-operative Bank to take up the role of employment and operational taxes manager.Prior to this, she held a number of positions at RSM (formerly Baker Tilly), including associate director, tax director, and tax director, employer consulting.Fidler also previously worked at KPMG Tax Advisers, as ...
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ArticleEY links global recognition programme to corporate values
EY has awarded its employees $1m through its global recognition programme, which connects its corporate values with the celebration of its workforce’s efforts and achievements.Its global employee recognition programme, Better Begins With You, recognises employees who have found innovative and impactful ways of fulfilling the organisation’s aim of building a ...
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Article47% do not have access to support for eating disorders in the workplace
Almost half (47%) of respondents do not have access to workplace support mechanisms for eating disorders, according to research by eating disorder charity Beat.Its survey of 653 people with experience of an eating disorder also found that 40% of respondents say their employers’ impact on their recovery from an eating ...
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ArticleBritish Gas case ruling confirms that commission must be included in holiday pay calculations
The Employment Appeal Tribunal (EAT) has determined that commission payments must be included in calculations for employees' annual leave and holiday pay.In the case of Lock vs British Gas Trading Limited and others, the EAT confirmed that the working time regulations can be interpreted in line with the working time ...
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ArticleHigh Court rules in pensions transfer case
The High Court has ruled against Royal London in a pensions transfer case, overturning the Pensions Ombudsman’s earlier determination in favour of the mutual life and pensions provider.In the case of Donna-Marie Hughes vs The Royal London Mutual Insurance Society, Hughes requested to transfer her benefits from her personal pension ...
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Video
Motivating employees in 2016
The five-minute video above covers: Why we should worry about a de-motivated workforce?Are UK employees motivated at work?What really affects employee motivation?What do employers need to do to ensure they have an engaged and motivated workforce?What are the most motivating rewards?How can employers select the right reward solution for a ...
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Supplier article
Which is better? Tax-free childcare or childcare vouchers?
Last month we again highlighted why the cost of childcare is such a key concern for working parents, and why this in turn poses a major problem for UK employers. That post can be read here.So we hope that most employers would accept that enabling their employees to access state ...
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ArticleBuyer's guide to bikes-for-work schemes 2016
The facts: What are bikes-for-work schemes?Bikes-for-work schemes are tax-exempt arrangements that encourage employees to cycle to work to reduce environmental pollution and promote healthier lifestyles. The scheme enables employers to fund bikes and safety equipment, and loan these to employees.Where can employers find more information?Additional information can be found on ...
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AnalysisWhere does responsibility lie for choosing the level of cover in death-in-service benefits?
Need to know:Death-in-service benefits should be offered to all employees with a minimum level of cover.Offering life assurance on a flexible basis places responsibility for selecting the level of cover on the employee.Employers need to educate employees about life assurance to boost understanding.Death-in-service benefits, in particular life assurance, are a ...
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AnalysisBuyer’s guide to flexible benefits technology
What is flexible benefits technology?This is a technology system, operating in-house or from cloud-based servers, that provides a platform to deliver a flexible benefits scheme. Increasingly, systems are designed to interface with other elements of benefits and reward, including pensions, and often have interactive and data-modelling tools that can be ...
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AnalysisWhat impact will retaining the diesel supplement have on company car schemes?
Need to knowThe delayed removal of the 3% diesel supplement on company car tax was announced in November 2015's Autumn Statement.On a fairly standard fleet car, employees face an additional benefit-in-kind tax liability of around £155 per annum, while employers face additional Class 1A national insurance contributions.For many high-mileage company ...
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AnalysisAre apps increasing the take-up of voluntary benefits?
Need to know:The convenience and functionalities apps bring provide an opportunity to boost employee engagement with voluntary benefits.Good user experience and compelling content can ensure repeated use of an app.For maximum effect, mobile offerings should be strategically integrated into employers’ benefit programmes.In 2015, smartphones surpassed laptops as the most popular ...
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ArticleThe month in numbers: January 2016
A look at some of the standout facts and figures relating to employee benefits in January 2016:34% of staff could not name a single occasion where they felt motivated at work in 2015 (Source: Red Letter Days for Business) bit.ly/1Odqire39% would like access to a 24/7 cancer nurse helpline (Source: ...
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Supplier article
Will an ageing workforce change the face of the employee benefits package?
The combination of changing retirement legislation and a lack of employee pension savings means employers are being faced with the inevitability of an ageing workforce. David Piltz, Head of Trustee Services, shares his views on how this might impact employee benefits packages.Until October 2011, an employer could compulsorily retire employees ...
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Article
Employee Benefits Awards 2016 shortlist announced
The shortlist for the 2016 Employee Benefits Awards has been decided and will shortly be available at www.employeebenefitsawards.co.uk.More than 25 HR, benefit, reward and compensation professionals took part in the judging process. The judging panel drew on their collective experience from a range of industries, locations and workforce demographics to ...
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Article
21, The growing importance of wellness in the workplace
Beate O’Neil, head of wellness consulting, Punter Southall Health and ProtectionAs head of wellness consulting, it is interesting to me that 10 years ago jobs like mine were few and far between. But the Employee Wellness Survey 2016, published by the Reward and Employee Benefits Association (REBA) and Punter Southall ...
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Article
27, The true impact of reward in the workplace
Reward should be used to maintain engagement, not get staff engaged in the first place, says Bill Alexander, chief executive officer, Red Letter Days for Business.Recognition continues to sit at the bottom of the priorities list. However, stepping outside of the working environment, if we were to help a friend ...
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Article
33, 34: How can employers help staff maximise their options under the pensions freedoms
Need to knowSome employers have adjusted their pension schemes in response to pensions freedom, and others are investing more time and effort in offering financial educationWhile some, often wealthier and more financial savvy, employees have taken advantage of the new freedoms, many others are struggling to navigate the new landscapeEmployers ...
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Article
p50: Car salary sacrifice schemes – the truth about the risk
It is no surprise that salary sacrifice car schemes are on the rise. As a benefit that has the opportunity to be cost-neutral for the employer and cost effective for the employee, the popularity of these schemes is ever growing.One of the common detractors, however, is the perceived risk involved ...
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ArticleEXCLUSIVE: Countrywide introduces discount scheme for staff
EXCLUSIVE: Countrywide has introduced a new employee discount scheme for its 12,000 members of staff, as well as their close family members.Its Under One Roof initiative offers employees a range of discounts on property services that Countrywide offers to its customers, including estate agency fees, surveys, conveyance, mortgage advice and ...