All Employee Benefits articles in Web Issue – Page 957
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ArticleEXCLUSIVE: Stephen Perkins to discuss future-proofing reward at Employee Benefits Live
Professor Stephen Perkins of London Metropolitan University will explain key points for HR, reward and benefits professionals to consider when future-proofing a reward strategy at Employee Benefits Live 2016.During the session, titled Future-proofing your reward strategy on the first day of the event, Perkins will draw on his own research ...
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ArticleEY launches staff guide on gender identity
Tax and advisory organisation EY has launched an internal guide for staff on gender identity and gender transition to support its transgender community.The guide, which was developed in consultation with the organisation’s employee network for lesbian, gay, bisexual and transgender people as well as various campaign groups, contains tips and ...
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Article49% are concerned about the impact of Brexit on total reward
Almost half (49%) of employer respondents are concerned about the impact of Brexit on total reward, according to research by Willis Towers Watson.Its survey of 196 organisations, conducted in July 2016, also found that 49% of respondents are concerned about how Brexit will affect employee engagement and communication.The research also ...
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AnalysisHow to create a year-round pensions engagement strategy
Need to know:A year-round pensions engagement strategy can help to maintain and increase interest levels over the longer term.Certain personal and national events can serve as opportunities to shine a spotlight on pensions and build momentum.Including pensions in a wider financial wellbeing strategy can enable staff to better visualise the ...
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ArticleMarks and Spencer enhances pay and pensions deal
Retailer Marks and Spencer has enhanced the pay deal offered to staff, including the extension of top up payments and pension cash supplements for affected employees.The agreed offer follows the completion of a three-month consultation on pay and pensions with the organisation's national employee representative group, the Business Involvement Group.The ...
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Article59% include financial wellbeing in staff wellbeing strategy
More than half (59%) of employer respondents who have a staff wellbeing strategy in place now specifically include financial wellbeing within this, according to research by Close Brothers Asset Management.Its quarterly Business barometer, which surveyed 906 UK employers, also found that 70% of service organisation respondents that have a staff ...
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OpinionTim Middleton: Pensions education must start early on in employees' working lives
Automatic enrolment owes its success to the harnessing of inertia. Employees are, by default, enrolled into their employer’s pension scheme and contributions are automatically deducted and invested on their behalf.However, in spite of its success in bringing so many employees into workplace pension saving, automatic enrolment is not on its ...
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Case StudiesGerald Eve engages staff with pension saving through bonus scheme and financial education
Property consultancy Gerald Eve, which employs more than 430 staff across nine UK offices, utilises a range of communication channels and topical and lifestage-focused financial education support to engage its employees with pension saving.Gerald Eve has a high pensions take-up rate, with 93% of eligible employees saving into the ...
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ArticleBayer holds month-long summer events programme for staff
Life sciences organisation Bayer has rewarded its UK-based staff with a summer activity programme, which included free lunchtime barbeques and an Olympics-themed event.Bayer, which employs 1,000 staff across three UK sites, introduced the ‘Cool Summer’ programme with the aim of creating a more relaxed atmosphere for employees over the summer, ...
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ArticleSports Direct commits to supporting staff wellbeing
Sports Direct plans to review and improve working conditions, which will include taking action to better support the wellbeing of staff and addressing pay issues.The plans were published in a Working practices report, compiled by Reynolds Porter Chamberlain on behalf of the board of Sports Direct International. It follows issues ...
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ArticleEXCLUSIVE: Glassdoor to open Employee Benefits Live 2016
EXCLUSIVE: Diarmuid Russell, head of international at Glassdoor, will deliver the opening keynote address at Employee Benefits Live 2016, when he will provide insight into how organisations can become known as the ‘best place to work’.Opening the conference on Tuesday 11 October 2016, Russell will discuss the themes and trends ...
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ArticleBHSF acquires Nexus Healthcare
Health and wellbeing organisation BHSF has acquired London-based occupational health services provider Nexus Healthcare.Nexus will initially be a subsidiary of BHSF Occupational Health, which is led by Dr Philip McCrea, managing director at BHSF Occupational Health.The acquisition will provide BHSF's occupational health division with nationwide coverage.Dr Steven Sperber, who founded ...
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ArticleFCA consults on Pension Wise standards for secondary annuity market
The Financial Conduct Authority (FCA) has launched a consultation into the standards of support expected of Pension Wise for those considering selling an annuity upon the launch of the secondary annuity market.The government will remove tax restrictions for individuals looking to sell their annuity from April 2017.The remit of the ...
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ArticleGovernment presses ahead with Lifetime Isa
The Savings (Government Contributions) Bill 2016-2017, which will legislate for the Lifetime individual savings account (Lisa), has been introduced to the House of Commons.The Lisa was unveiled by former Chancellor George Osborne in the March 2016 Budget. The savings vehicle aims to help young people save for their first home ...
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ArticleTake part in exclusive pensions research
How are you supporting staff planning for their retirement? How do you feel Brexit will impact pensions?Have your say in the exclusive Employee Benefits/Close Brothers Pensions research 2016, which aims to help you benchmark your organisation’s pensions strategy.We are particularly interested in hearing about your approach to pensions communication, changes ...
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Article31% of long-term sickness claims are for cancer
Just under a third (31%) of long-term sickness claims paid relate to cancer, according to research by Unum.Its second annual claims statement, which provides information on all the income protection claims paid by Unum to people who became too ill to work between 1 August 2015 and 31 July 2016, ...
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OpinionKatherine Wilson: Ageing population intensifies need for caring policies
One in nine workers in the UK care for a family member or friend who is older, disabled or ill, according to the 2011 Census. The pressures of juggling work and care, without the right support from employers or local services, have forced millions of people to give up work ...
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Case StudiesKPMG uses employee-led networks to drive caring initiatives
Audit, tax and advisory organisation KPMG utilises a range of measures to put employees in the driving seat when it comes to formulating and structuring initiatives that support working carers and parents within the workplace. Of the organisation’s 12,000 total employees across 22 UK-based sites, 6,483 have declared they are ...
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AnalysisWhat will caring policies of the future look like?
Need to know:A formal caring policy can help to bolster support for carers in the workplace.Benefits such as an employee assistance programme (EAP) or childcare vouchers can be used to support an existing caring policy.Flexible-working arrangements, as well as paid or unpaid leave, are popular aspects of a successful caring ...
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Supplier article
The pensions revolution continues…
Even the most casual of observers will have spotted that the world of pensions has been undergoing something of a revolution throughout the whole of the current decade, and many of these changes have directly impacted the world of workplace savings and company sponsored pension plans.Of the many (and ongoing) ...