All Employee Benefits articles in Web Issue – Page 926
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AnalysisHow do benefits impact an organisation’s reputation?
Need to know:Engaged employees are more likely to take pride in the organisation they work for and act as brand ambassadors.Careful management, particularly around communication and social media, can limit fall-out in situations where benefits are removed or are insufficient.Going above and beyond legal requirements or the industry norm can ...
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AnalysisInfographic: Reasons employees feel ashamed of the organisation they work for
Infographic looking at the reasons employees feel ashamed of the organisation they work for, or have worked for (Source: Public Relations Consultants Association and Opinium research, published in June 2015).Read more in How do benefits impact an organisation's reputation?
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Case StudiesJohn Lewis Partnership works to ensure benefits add value
For the John Lewis Partnership, employee benefits are one of a number of elements that have helped to establish its reputation as a great place to work. The organisation encompasses John Lewis and Waitrose, and all of its 90,000 members of staff are partners in the business.Rachael Abbott, benefits development ...
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Case StudiesGoodman Masson receives external recognition for its innovative approach
Over the last few years, financial recruitment organisation Goodman Masson has received a significant amount of external recognition for its workplace culture, reward strategy and its innovative approach to employee engagement, including first place in Great Place to Work’s UK Best Workplaces 2015, medium category.Goodman Masson engages its 150-strong workforce ...
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Case StudiesBibby Financial Services looks to total reward proposition to help it stand out from the crowd
Bibby Financial Services achieved 31st place in the 2016 Sunday Times 100 Best Companies to Work For list, moving up 19 places from its 2015 ranking. This is the fifth time that the organisation has ranked in the top 100.The organisation, which employs approximately 780 people in the UK, shared ...
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OpinionGeorge Saridakis: Managing employees in times of crises
Firms and workers operate, directly or indirectly, in a global economic environment that generates significant opportunities. Those opportunities are accompanied by risks, which can arise from the susceptibility to crises of interconnected economies.Economic turmoil can clearly threaten the growth and survival prospects of firms, and recessionary pressures can force organisations ...
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ArticleUK group risk industry paid out £1.4bn in 2015
The UK group risk industry paid out a total of £1.4bn-worth of claims in 2015, according to research by industry body Group Risk Development (Grid).Its research, based on an analysis of total payments made by the UK group risk sector, also found that a total of 24,603 claims were made ...
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ArticleUK health insurance costs expected to rise by 6.5%
UK health insurance costs are expected to rise by 6.5% in 2016, according to research by Willis Towers Watson.Its 2016 Global medical trends report, which surveyed 174 health insurance providers operating across 55 countries, also found that the average price of health insurance globally is estimated to rise by 9.1% ...
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ArticleAccorHotels UK extends national living wage to all staff
AccorHotels UK will pay the new national living wage rate to all employees, regardless of age.The national living wage is the statutory rate for all employees over the age of 25. The mandatory £7.20 an hour rate came into effect from April 2016.The hotel group, which includes Sofitel, Pullman, Novotel, ...
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ArticleCalifornia and New York press ahead with $15 minimum wage plans
New York and California have committed to introducing a statewide $15 an hour minimum wage.In New York, the minimum wage will increase gradually by between $0.70 and $2 each year, depending on the size of the workforce and where in the state employees are based. Employees that work for organisations ...
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ArticleUS women footballers file wage discrimination complaint
Five members of the US Women’s National Team have filed a wage discrimination complaint with the Equal Employment Opportunity Commission against the United States Soccer Federation.Carli Lloyd, Alex Morgan, Megan Rapinoe, Rebecca Sauerbrunn and Hope Solo lodged the complaint in March 2016. The players claim the complaint is on behalf ...
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AnalysisThe key announcements to take note of from the Budget 2016
Need to know:In the Budget 2016, the government announced the alignment of the national minimum wage and national living wage cycles.From April 2018, employer national insurance contributions will be payable on termination payments exceeding £30,000.The 0.5% apprenticeship levy will be introduced from April 2017 as planned; this will only impact ...
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Supplier article
China: growth defence or another debt-fuelled boom?
By Douglas Turnbull, Head of Chinese Equities at NeptuneFollowing recent stimulus efforts from Beijing, Neptune’s Douglas Turnbull examines how the government’s long-term reform agenda can be balanced with supporting growth and addressing structural challenges, and the investment opportunities arising from this.Click here to read moreImportant information: Investment RisksNeptune funds may ...
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ArticleEY, Kingfisher and Scottish Power to speak at Employee Benefits Live 2016
EY, Kingfisher, Royal Bank of Scotland and Scottish Power are among the employers that will be speaking at Employee Benefits Live 2016.Now in its 18th year, Employee Benefits Live offers an extensive conference programme alongside an exhibition featuring leading industry providers, advisers and consultants.Employee benefits professionals will have the opportunity ...
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Supplier article
Red Letter Days adds new brands to Lifestyle Voucher
Incentive and reward experts Red Letter Days for Business has extended the offering of its shopping and leisure voucher, Lifestyle, with the addition of 12 new brands, giving employees and customers access to an even larger choice of high-profile retailers.The new brands include:SuperdryFatFaceDECATHLONCosta CoffeeBootsSwarovskiTVPlayerSquare MealNational Book TokensRegisSupercutsHotel ChocolatAndy Ling, head ...
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ArticleAegon to acquire BlackRock’s defined contribution platform
Retirement and workplace savings organisation Aegon has entered into an agreement to acquire BlackRock’s UK defined contribution (DC) platform and administration business.The transaction will see Aegon acquire around 350,000 customers and £12bn of assets, bringing its workplace savings business to approximately £30bn worth of assets under management.Paul Bucksey, head of ...
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ArticleBerry Recruitment launches employee engagement programme
Berry Recruitment is introducing an employee engagement programme for its 250 employees, including a recognition scheme and access to a range of voluntary benefits.The recruitment organisation is launching the engagement programme to enhance the range of benefits available to staff, and to help retain and attract top talent.The programme, provided ...
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Supplier article
Auto-enrolment: escalating penalty notices quadruple
The number of escalating penalty notices issued by The Pensions Regulator (TPR) quadrupled in the first quarter of 2016, with fines ranging from £50 to £500 a day.Employers who fail to heed 28-day warning notices risk a fine that increases each day. TPR says more than 95 per cent of ...
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Supplier article
WEALTH at work poll reveals lack of employee understanding around retirement income needs
According to a recent poll* by WEALTH at work, only 18 per cent of respondents believe their employees know how much they should be saving into their pension to get a good retirement income.Jonathan Watts-Lay, director, WEALTH at work, a leading provider of financial education in the workplace, comments: “It ...
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Supplier article
Auto-enrolment: Going up…
According to The Pensions Regulator’s (TPR) announcement yesterday, over 100,000 employers have now enrolled more than 6 million workers in UK pension schemes under auto-enrolment legislative requirements.These are indeed impressive statistics, yet it would be a mistake to assume that all employers are complying at the first time of asking, ...