All Employee Benefits articles in Web Issue – Page 934
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OpinionClare Kelliher: Reward packages should adapt to the context in which an organisation operates
How an employer chooses to reward its employees sends out messages, both explicit and implicit, about their values and what is considered important. A well-designed reward strategy can act as an important driver for performance and employee engagement. However, the approach adopted needs to fit with the context of the ...
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Case StudiesCurzon PR develops benefits offering based on employee feedback
Farzana Baduel, managing director at Curzon PR, has always been entrepreneurial. She founded her PR firm, Curzon, in 2009, in part because with a one-year-old child, she wanted the flexibility to balance work with the school run.Baduel’s business grew slowly for the first two to three years. She had previously ...
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OpinionLovewell's logic: Are employers and staff aligned on financial wellbeing?
Do your employees know how much you care? When it comes to financial wellbeing support, the answer could well be a resounding ‘no’.According to the results of two research reports published this week, there appears to be something of a disconnect between employers’ and employees’ views on the matter.First, a ...
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Case StudiesB&CE grows benefits package in line with its culture
B&CE was founded in 1942 as a simple way to help construction workers build up holiday pay. It branched out into offering other financial products, such as pensions. However, it is in the last few years that the business has seen its workforce grow, fast.When the government decided to introduce ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 19 and 25 May 2016: Confessions of a benefits manager: So young, so rude, so fired.How to build a 21st-century total reward strategy.EY and Oracle shortlisted for best mental health resilience strategy.BNY Mellon and Norton Rose Fulbright shortlisted for best healthcare ...
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Supplier article
Should you offer an employee assistance programme?
Why should I have an Employee Assistance Programme?An (EAP) could be the benefit that you need to help your team feel comfortable and well looked after at work. An Employee Assistance Programme is a form of employee benefit that can be designed to address stress, anxiety and personal problems, in ...
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ArticleScottish Widows completes £54m bulk annuity transaction
Scottish Widow has secured a £54 million pensioner buy-in arrangement with the Barloworld UK Pension Scheme.The buy-in covers a portion of the scheme’s pensioner liability and is a continuation of the global distributor's de-risking strategy.This transaction signals the second bulk annuity transaction for Scottish Widows. The pensions provider secured a ...
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Article32% do not feel proud of their organisation
Just under a third of respondents do not feel proud of their organisation, according to research by Edenred.The annual global Edenred-Ipsos Barometer report, which surveyed 14,400 employees internationally, also showed that 30% of respondents want more support when they reach the end of their careers.The research also found:60% of respondents ...
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ArticleAsda and Quintiles shortlisted for best benefits technology
Asda (pictured), Axa UK and Quintiles are among the organisations shortlisted for the ‘Best use of benefits technology’ award at the Employee Benefits Awards 2016.This award celebrates the most effective use of benefits technology within an organisation, engaging employees from all departments.The full category shortlist is:Asda, SharesaveAXA UK, MaxCallcredit, Benefits ...
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ArticlePension exit charges under scrutiny
Exit charges on occupational pension schemes could be scrapped as part of new proposals launched by the Department for Work and Pensions (DWP).The proposals aim to introduce a charging cap to allow employees early access to their retirement funds without suffering high penalty charges.The long-term aim of the proposals is ...
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Supplier article
Workplace pension workshops – learn from the experts
A series of Workplace Pension Workshops will be taking place throughout the UK over the next couple of months. With over 5,600 compliance notices issued in the last 6 months alone from The Pensions Regulator, these events are a must-attend if you're in the process of dealing with your Workplace ...
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Supplier article
High Court ruling could open the floodgates to pension scammers
Until recently, pension providers had wider powers to refuse to make a transfer if they had concerns about where it was going. This acted as a major line of defence in preventing pension scammers from accessing individual’s pensions and savings.However earlier this year, the High Court overturned a Pensions Ombudsman ...
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ArticleArriva and Nottingham City Council shortlisted for best voluntary benefits
Arriva, Nottingham City Council (pictured) and OpenBet are among the organisations shortlisted for the Best voluntary benefits award at the Employee Benefits Awards 2016.This award celebrates the most effective use of a voluntary benefits plan within an organisation, including staff deals that are available for employees.The full category shortlist is:Arriva, ...
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Article71% do not have policies to deal with employee cancer diagnoses
More than two thirds (71%) of employer respondents do not have any HR policies in place when it comes to communicating with or managing employees who have a cancer diagnosis, according to research by cancer detection services provider Check4Cancer.Its Cancer in the workplace 2016 report, which surveyed 500 HR professionals, ...
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ArticleGovernment consults on British Steel pension scheme
The government has launched a consultation into potential government support options for the British Steel pension scheme.The defined benefit scheme has approximately 130,000 members, with assets and liabilities totalling around £14 billion.The consultation aims to determine the best course of action, if any, that the government could take as part ...
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OpinionRaoul Parekh and Anne Croft: What could Brexit mean for share schemes?
Much of the Brexit debate has centred on whether leaving the EU will allow the UK to reduce the burden of business regulation. But what does this mean for employee share schemes?The mainstream press has been full of arguments about what Brexit might mean for employment law, with a contrast ...
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ArticleSTV launch car salary exchange scheme
STV has launched a new car salary sacrifice scheme for its 15,000 employees, with all new users of the scheme entered into a prize draw to win a satellite navigation system.The Scottish digital media organisation launched the initiative in February as part of their total engagement strategy, ensuring staff can ...
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Article33% of organisations receive shared parental leave requests
A third of employers with eligible employees have received requests for shared parental leave since its introduction in April 2015, according to research by XpertHR.The research, which surveyed 397 organisations with a combined workforce of 827,083 employees, also showed that the median number of eligible employees per organisation was four.The ...
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ArticleShappi Khorsandi to host Employee Benefits Awards 2016
Comedian Shappi Khorsandi will host the Employee Benefits Awards 2016 on Friday 3 June.Khorsandi’s original sell-out Edinburgh show, Asylum Speaker, led to numerous television appearances on popular comedy shows such as Mock the Week, Lenny’s Britain and The Big Read.She has also become a regular on Radio 4 shows, with ...
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ArticleSGS launches long-service award for employees
SGS UK has launched a recognition programme to reward employees who have been with the organisation for five years or more.The long-service recognition scheme, provided by Red Letter Days for Business, will see employees who have been with the inspection and certification organisation between five and 20 years awarded with ...