All Employee Benefits articles in Web Issue – Page 946
-
Supplier article
Avoid losing your pension to scams and fraudsters
WEALTH at work shares some top tips on how to avoid losing your pension to scams and fraudsters. Scams don’t look like scams: Scams look and sound legitimate, which is why people are hoodwinked. They often have very professional looking websites and literature. Whatever you are planning to do with ...
-
Supplier article
Artemis Global Select: opportunities in reliable growth stocks ...
Good and growing companies are still to be found, Simon Edelsten, manager of the Artemis Global Select Fund, tells Ross Leckie – even in a world marked by low(er) growth and political uncertainty.
-
ArticleRos Altmann leaves pensions minister post
Baroness Ros Altmann (pictured) has left her post as minister of state for pensions.The change forms part of a cabinet reshuffle following the resignation of David Cameron and the appointment of Theresa May as Prime Minister and leader of the Conservative Party.Other changes at the Department for Work and Pensions ...
-
ArticleBritish Airways i360 pays living wage to all staff
British Airways i360 will pay all 160 employees working at the Brighton tourist attraction the living wage following the commitment of its catering partner to the voluntary rate.The catering organisation, Heritage Portfolio, part of the Centerplate Group, has committed to paying all staff a minimum of £8.25 an hour. It ...
-
Article37% of financial organisations introduce flexible-working initiatives
Over a third (37%) of financial service organisation respondents have introduced, or are planning to introduce, flexible-working initiatives as part of their employee value proposition, according to research by Mercer.Its Global financial services executive compensation snapshot survey, which polled 68 financial services organisations across 20 countries in Europe, North America ...
-
ArticleHow can employers gauge a return on investment on group risk benefits?
Need to knowWhen calculating the return on investment on group risk benefits, organisations need to start with accurate employee data.The value-added products available through group risk products can deliver cost savings.Non-financial returns such as engagement are of increasing interest.Employee benefits professionals are under increasing pressure from their finance directors to ...
-
Case StudiesSamsung offers group risk benefits in line with corporate culture
Samsung offers its workforce group income protection (GIP) and life insurance in line with its paternalistic corporate culture.Jo Bean, head of reward, UK and Ireland at Samsung, says: “We’re quite a paternalistic [employer], so we’ve always offered [GIP] as a core benefit. I particularly like the fact that our [policy] ...
-
ArticleInfographic: What group risk benefits do organisations offer?
An infographic looking at the group risk benefits offered by respondents' organisations and the basis on which they are offered (Source: Employee Benefits/Xerox HR Services' Benefits research 2016, published in June 2016).Read more in: How can employers gauge a return on investment on group risk benefits?
-
AnalysisInfographic: What benefits do staff value the most?
An infographic looking at the benefits offered by employers compared with the benefits that staff value the most. (Source: Aviva's Working lives report 2016, published in March 2016).Read more in: How can employers gauge a return on investment on group risk benefits?
-
ArticleEmployee Benefits Live to host leading exhibitors
Delegates attending Employee Benefits Live 2016 will be able to access a packed exhibition hall of leading benefits providers, advisers and consultants spanning all areas of the industry.The two-day event, which will take place on 11-12 October at Olympia National in London, will enable delegates to network with leading suppliers, ...
-
ArticleRichard Harrington to fulfil pensions minister duties
Richard Harrington has been named parliamentary under secretary of state at the Department for Work and Pensions (DWP).Although it differs in name, the role will cover the duties previously performed by the minister of state for pensions.Baroness Ros Altmann served as minister of state for pensions between 2015 and 2016, ...
-
ArticleImperial Chemical Industries Pension Fund completes £750m buy-in
Imperial Chemical Industries (ICI) Pension Fund has completed a £750 million pension buy-in transaction with Legal and General.Of the pension scheme's £11 billion of total liabilities, £7 billion-worth of liabilities are now insured.This transaction follows similar buy-ins with both Scottish Widows and Prudential.Since 2014, the ICI Pension Fund and Legal ...
-
ArticleUS compliance news at a glance
A round-up of the latest compliance issues facing employers in the US:US government raises salary threshold for overtime payThe US Department of Labor has finalised a new overtime rule that extends the salary threshold for overtime pay eligibility. Employees who work more than 40 hours a week and earn less ...
-
Supplier article
The basics of workplace pensions (part 4): communicating to your employees
This article outlines the fourth step in our five-step guide to auto-enrolment and what you need to do as an employer. Once you’ve got your staging date and you’ve set up your qualifying pension scheme, it is your duty to tell all your employees about what’s happening, why, and how ...
-
Supplier article
Report suggests slow start for Fit for Work assessment service
With the seminar season and the EU referendum now behind us, it is time to revisit some technical reading. And the first item on the summer browsing list is the 2016 Sickness absence survey produced by EEF in association with Jelf Employee Benefits. (For those who wish to read the ...
-
ArticleTotal pay increases by 2.3%
Total pay, including bonuses, increased by 2.3% in Great Britain between March-May 2015 and March-May 2016, according to the Office for National Statistics (ONS).The UK Labour Market: July 2016 report also found that regular pay, in nominal terms and excluding bonuses, grew by 2.2% between March-May 2015 and March-May 2016.Average ...
-
ArticleEmployment tribunal to hear Uber workers' rights cases
Two test cases will today (20 July 2016) be brought against taxi-app organisation Uber at the Central London Employment Tribunal, in order to determine whether drivers are entitled to employment rights such as holiday pay and a guaranteed minimum wage.The legal action, brought by law firm Leigh Day and supported ...
-
Article30% do not feel able to speak openly to their manager about mental health
Around one-third (30%) of respondents feel that they do not have a close enough relationship with their line manager to talk openly about their mental health, according to research by Westfield Health.The Mental resilience survey 2016, which polled 2,000 working adults across the UK, also found that 53% of respondents ...
-
AnalysisInfographic: What car benefits do organisations offer?
An infographic looking at the car benefits offered by respondents' organisations and the basis on which they are offered (Source: Employee Benefits/Xerox HR Services' Benefit research 2016, published in June 2016).Read more in What would a future without salary sacrifice car schemes look like?
-
AnalysisWhat would a future without salary sacrifice car schemes look like?
Need to knowThe government has said it is considering limiting the range of benefits available through a salary sacrifice arrangement.While providers are confident car schemes will not end up in the firing line, it is possible alternative models may need to be looked at.These could include affinity, employee car ownership ...