All Employee Benefits articles in Web Issue – Page 921
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ArticleScottish Parliament staff accept pay deal
Scottish Parliament staff have accepted a two-year pay deal for 2016-2018.Employees who are members of Prospect, the trade union that represents specialist staff at Holyrood, such as researchers, clerks and official reporters, have agreed upon the deal.The pay deal will see employees at the maximum end of their pay scale ...
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AnalysisHow to engage staff with company car schemes
Need to know:Pre-launch communications can help build momentum around company car schemes.A comprehensive, sustained communications strategy can drive continued engagement with cars as a benefit.Tailored communications can ensure that all staff are aware of company car schemes and the value they can provide.Offering employees access to a car through their ...
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AnalysisHow to reduce company car scheme costs and administration
Need to know:A joined-up approach to fleet, travel and expenses can identify potential cost savings and areas for policy optimisation.Focusing on mobility and total journey cost can help determine the most appropriate means of travel.Data connectivity between employers and providers can enhance efficiency and help to control costs.Company car schemes ...
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AnalysisThe evolving role of technology in company car schemes
Need to know:Telematics can enable a more proactive approach to car maintenance.Black-box telemetry could also be used to encourage good driver behaviour and capture mileage data, leading to cost savings.As technology continues to advance, employers will need to consider how they communicate and engage staff with telematics.As the technology used ...
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Article
39, Punter Southall Industry insight: Why wellness in the workplace is changing the face of employee benefits
· Wellness in the workplace has undergone significant growth in the past three years (up by 274%). It is estimated that by the end of this decade, we could see wellness strategies within over 75% of organisations.· Nearly 40% of employers which offer wellness strategies do so to increase ...
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Article
33 Benefex industry insight: The psychology behind financial wellbeing
It has been suggested that economics is a branch of psychology. So it stands to reason that an individual’s attitude to financial wellbeing is rooted firmly in their mindset.In 2002 I graduated with a degree in psychology. Although useful at times, never has it become more vital to my work ...
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Supplier article
The new State Pension entitlement
As many of you will have heard via the national media, the new State Pension began on the 6th April this year.Although this pension entitlement does not directly form part of employer sponsored benefits packages, it is nevertheless a cornerstone of the financial planning that your employees will be undertaking ...
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Supplier article
Money Advice Service to be absorbed into a new government service
In the Chancellor’s recent Budget announcement it was confirmed that the free and impartial Money Advice Service set up by the Government is to be abolished and replaced with a “slimmed down” version.The Pensions Advisory Service (TPAS) and Pension Wise will be restructured and the two new bodies will provide ...
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Article
45 Axa industry insight: Shaping up now and for the future: How a positive wellbeing strategy drives better physical and mental health
There is much more to managing wellbeing at work than simply knowing what makes employees happy. Employees today are coping with a vast range of physical, psychological and social factors, all of which can have a huge impact on their performance. What can an employer do to help?Driving healthy behaviours ...
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Article
6 Cigna: Back in control
Problems such as back, neck and muscle pain are the most common cause of workplace absence, according to the Sickness absence in the workplace report, published by the Office for National Statistics in February 2014. Musculoskeletal issues also account for the largest amount of healthcare spend across different industry sectors. ...
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ArticleABI consults on simplifying pensions language
The Association of British Insurers (ABI) is launching a consultation into the language used around pensions and retirement savings.Its consultation will inform the work of the Pensions Language Steering Group, which involves regulators, industry, consumer groups and the government. The group is working to develop a new guide that simplifies ...
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ArticleGreen Lantern Group launches voluntary benefits programme
Contractor services firm Green Lantern Group has launched a voluntary benefits programme for its 1,000 contractors.Green Lantern Group has introduced the scheme with the aim of enhancing the wellbeing of its contractors and as part of its commitment to establishing the organisation as a great place to work.The scheme, provided ...
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ArticleEXCLUSIVE: JLT achieves 18% engagement rate with car salary sacrifice scheme
EXCLUSIVE: Jardine Lloyd Thompson (JLT) has seen 18% of eligible employees register interest in its car salary sacrifice scheme in the three months since it was launched.The insurance, reinsurance and employee benefits consultancy firm introduced the scheme, which is provided by Fleet Hire’s Car Salary Exchange, at the end of ...
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ArticleGender pay gap reporting takes shape
In February 2016, the government expanded on its plans to require organisations with more than 250 employees to publish gender pay gap data.In addition to publishing average gender pay gap and bonus pay gap data, under the draft regulations, firms will also have to publish the number of male and ...
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Article
Financial education
The latest analysis, news, case studies and opinion in relation to financial education in all areas of benefits, ranging from online information sources to group seminars; and access to personalised advice.
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Article
10, Health Shield: A flexible future for health cash plans
Health cash plans are a simple and affordable way for employers to look after the health and wellbeing of their employees. They can help organisations of all shapes and sizes to reduce absenteeism, improve their duty of care, and increase the morale and productivity of their workforce.With UK organisations now ...
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Article
8, Denplan: Placing oral health at the heart of employee wellbeing
Some 82% of employers that provide a dental plan for staff believe that this enhances employee wellbeing, according to the Corporate decision maker’s survey, published by Denplan in xx 2016. The survey also showed that the number of organisations offering dental insurance as an employee benefit has also been steadily ...
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Article
13, Simplyhealth: Tackling the workplace’s last taboo
Sleepless nights, feelings of panic, anxiety and a lack of concentration will never be conducive to an engaged and productive workforce. None of us should have to live with the symptoms of too much mental or emotional pressure on a daily basis, but the reality is that a huge number ...
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Article
14, VSP insight: Blue light from digital devices – Is it impacting employees?
According to research by eMarketer, published in September 2015, UK adults are averaging more than eight hours per day on digital devices. We are continuing to hear more about the increase in reports of eye strain and visual fatigue related to digital devices. It is part of a wave of ...
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ArticleEXCLUSIVE: Benefex gains living wage accreditation
EXCLUSIVE: Employee benefits provider Benefex has been accredited as a living wage employer by the Living Wage Foundation.The accreditation recognises the organisation’s commitment to paying all of its 160 employees, and third-party contractors, at least the living wage rate of £8.25 an hour.The living wage is a voluntary rate calculated ...