All Employee Benefits articles in Web Issue – Page 930
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Case StudiesPolice Mutual engages staff with loan offering
Police Mutual, an organisation that offers financial services to police and military employees and their families, gives its 500 employees access to competitive loans through Neyber, a service where monthly repayments are deducted straight from their pay packet.Since introducing the scheme at the beginning of 2015, around 5% of the ...
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AnalysisInfographic: The worries facing UK employees
An infographic looking at the worries facing UK employees (Source: Mercer research, published in November 2015).Read more in How to engage staff with financial wellbeing.
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Article30% of group income protection claims due to mental health issues
Mental health issues accounted for 30% of group income protection claims in 2015, according to Legal and General.The insurance provider's claims information, which has been released to mark Mental Health Awareness Week (16-22 May), also found that early intervention and funding for appropriate treatment helped 80% of mental health absence ...
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Article32% do not feel supported when family is affected by cancer
Just under a third (32%) of employee respondents do not feel supported by their employer when a loved one is diagnosed with cancer, according to research by Axa PPP Healthcare.Its Love for the loved ones: how to support employees when cancer affects their family report, which surveyed 1,000 managers of ...
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ArticleBNP Paribas and Nottingham City Council make benefits team shortlist
BNP Paribas (pictured), Home Group and Nottingham City Council are among those who have been shortlisted for Benefits team of the year at the Employee Benefits Awards 2016.The award, sponsored by Xerox HR Services, celebrates in-house benefits teams that work together to deliver benefits and rewards that meet the HR ...
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ArticleLloyds Banking Group employees take part in volunteering initiative
Lloyds Banking Group is supporting employee volunteering, with more than 5,000 staff members taking part in the 2016 Give and Gain initiative.One third (33%) of Lloyds Banking Group employee volunteers participating in the Give and Gain scheme will take part in skills-based volunteering work.Give and Gain Day, organised by Business ...
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Supplier article
End of the line?
Employers sometimes spend significant sums on the provision of an employee benefits package for their workforce. The rationale behind each and every benefit choice may differ from one employer to another, yet it is likely that each benefit is chosen to support, attract and retain staff and/or to assist the ...
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AnalysisWhat will the lifetime Isa mean for employers and staff?
A Lisa is a Lifetime individual savings account (Isa) and it is a new way to save from post-tax income, coming in April 2017. It is aimed at those targeting their first home purchase. It comes with an incentive, similar to a pension, where the government will give a top ...
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AnalysisFive key messages to communicate around pensions re-auto-enrolment
Need to knowPensions re-enrolment happens at an employer’s three-year staging date anniversary.Explain the change early, highlight what those employees are outside of the scheme have been missing out on but make it clear they can stay opted out, although they must actively say so.Keep messages bite-sized, accessible and relevant.Given the ...
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ArticleChiswick Park launches lunch hour summer events programme
Chiswick Park Enjoy-Work is kicking off its annual summer events programme for employees of the 45 organisations on site, including Aker Solutions, Discovery, PepsiCo, and Starbucks.The 8,000-strong business community, based in London, will host events every Friday lunch hour, with the aim of increasing staff wellbeing and productivity, and to ...
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Article40% feel let down by lack of access to financial advice
Four in ten (40%) respondents feel let down if their employer fails to support them with access to advice on their pensions and future finances, according to research by online pension advice provider Wealth Wizards.Its survey of 1,000 UK employees also found that two-thirds (67%) of respondents believe it is ...
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Article32% who opt out of workplace pension blame financial constraints
Around a third (32%) of employee respondents cite financial constraints as the key reason for choosing not to pay into their workplace pension, according to research by Aviva.Its Working lives report, which is based on a survey of 990 private sector employers and 4,021 private sector employees and an analysis ...
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Supplier article
A guide to automatic re-enrolment
Since the introduction of auto-enrolment in 2012, it has been a popular topic in the press. Recent media focus has been geared towards small and micro employers; however attention is set to return to the UK’s largest businesses as they prepare for re-enrolment.Johnson Fleming has produced a useful guide that ...
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OpinionEmma Mamo: Making workplace wellbeing a priority
Creating mentally healthy workplaces has never been more important. Our latest YouGov poll in 2014 revealed over half of workers (56%) found their work very or fairly stressful. Given this high prevalence of workplace stress, mental health at work is an issue too big to ignore.Putting in place initiatives to ...
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OpinionZoe Casey: Looking after Rightmove's most valuable asset
The British property obsession has made Rightmove one of the UK’s top 10 busiest websites, alongside brands such as Google and Amazon. We are proud to be the UK’s number-one property website, and our achievements are not just the result of our teams working incredibly hard; they are also the ...
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AnalysisKey trends in workplace health and wellbeing
Learn more about the key trends in workplace wellbeing at Employee Benefits Live 2016 on 11-12 October at Olympia National, LondonWorkplace health and wellbeing programmes aim to make employees healthier, happier and more productive. But, as well as evolving to reflect the latest thinking in health and wellbeing, these programmes ...
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Article
2, Close Brothers Sponsor's comment: Financial wellbeing: the missing piece of wellness
In simple terms, overall wellness can be looked at as a combination of physical, mental and financial wellness. Traditional wellness strategies target physical wellness and in recent years there has also been a growing focus on mental wellbeing. However, the missing piece seems to be financial wellness with only 24% ...
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Article
2, Xerox sponsor's comment
To use an old cliché, the UK benefits landscape is constantly evolving. This comes as no surprise to benefit practitioners; for some it will be a bonus, for others a chore.Notwithstanding ever-present change, it is encouraging to note that tradition holds true as regards benefit programmes and why organisations provide ...
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ArticleGerald Eve gains living wage accreditation
Gerald Eve has been accredited as a living wage employer by the Living Wage Foundation.The property consultancy, which employs 432 staff across nine offices, has committed to paying at least the living wage rate to all employees and third party staff. This includes working with cleaning and catering service providers ...
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ArticleGovernment to legislate for increased master trust protections
The government is to introduce additional measures to protect members of master trust pension schemes through a new Pensions Bill.The Pensions Bill was unveiled in background briefing documents following the Queen’s Speech in the Houses of Parliament yesterday (18 May).Under the proposals, master trusts would be required to demonstrate that ...