All Employee Benefits articles in Web Issue – Page 965
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ArticleCurrent government consultations could impact employee benefits strategies
A round-up of current government consultations with a bearing on employee benefits:Tax-efficient benefitsHM Revenue and Customs has launched a consultation to examine the potential impact on employers and employees should the government change the way the benefits code applies when a benefit in kind (BIK) is provided in conjunction with ...
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Supplier article
Retirement conversations: Yes, no or maybe?
The past few years have seen a significant alteration in the UK retirement landscape. There are many factors behind this change, but the two biggest influences are probably:The abolition of the Default Retirement Age (DRA)The introduction of Pension 'Freedoms'The first of the above changes effectively gave older employees much more ...
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Article21% are concerned about the performance of their workplace pension scheme
More than a fifth (21%) of respondents are concerned about how their workplace pension scheme has performed over the past two years, according to research by employee benefits organisation Portus Consulting.Its survey of 1,043 UK employees also found that 27% of respondents would welcome guidance on retirement planning from their ...
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ArticleEXCLUSIVE: BT to consolidate benefits in global online platform
EXCLUSIVE: BT is to bring all of its employee benefits together in one place with the launch of a new online benefits portal.Following BT’s acquisition of EE in January 2016, the organisation has been using three separate benefits platforms. Its introduction of the new platform, provided by Benefex, is aimed ...
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ArticleLaw firm Gateley launches employee sharesave scheme
Law firm Gateley has introduced a sharesave scheme for its employees.The sharesave scheme forms part of the organisation's growth strategy following its flotation on the Alternative Investment Market (AIM) of the London Stock Exchange in 2015.The share scheme, which launched in September 2016, was communicated to staff at Gateley’s annual ...
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ArticleEXCLUSIVE: Working Families to discuss shared parental leave at Employee Benefits Live
Work-life balance charity Working Families will discuss what organisations can do to increase take up of shared parental leave at Employee Benefits Live 2016.Sarah Jackson (pictured), chief executive at Working Families, will speak alongside Wendy Jepson, HR policy and compliance partner at Siemens, in a session titled How to boost ...
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Case StudiesMisys places focus on employee engagement and wellbeing
Having been through a number of acquisitions and a benefits harmonisation project in recent years, financial services software provider Misys is now primarily focused on the health, wellbeing and engagement of its employees.For Anne Teggart, global head of benefits, a major part of the harmonisation was to review the company’s ...
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Case StudiesThe benefits offered by Misys
The workplace benefits offered by Misys include:PensionA group personal pension open to all employees. Misys offers a matching contribution scheme if the employee contributes up to 6%, 8% or 10%, depending on job level.Group riskGroup income protection: employer-paid, the default level is 75%, and employees can flex up or down.Critical ...
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Article65% would take a pay cut for a better work-life balance
Almost two-thirds (65%) of UK employee respondents would take a pay cut in exchange for a better work-life balance, according to research by LinkedIn.Its Work satisfaction survey, which surveyed 10,000 employees and 3,700 HR professionals across eight countries, including 3,001 employees and 517 HR professionals in the UK, also found ...
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ArticleFTSE 350 pension deficit falls to £152bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed organisations fell from £160bn in August 2016 to £152bn in September 2016, according to research by Mercer.Its Pensions risk survey, which is based on analysis and projections of FTSE 350 organisations’ financial statements adjusted from ...
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ArticleEXCLUSIVE: TalkTalk to discuss benefits engagement at Employee Benefits Live
TalkTalk will discuss benefits engagement strategies at Employee Benefits Live 2016.Sam Kirk, reward director at TalkTalk, will present the session titled Making employees fall in love with their benefits, alongside Dr Neil Lancaster, people and social responsibility director at Gamestec Leisure, on Tuesday 11 October.During the session, Kirk will provide ...
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ArticleEXCLUSIVE: Central government to launch online benefits platform
EXCLUSIVE: The UK central government is to launch a benefits platform to provide 418,000 civil servants with online access to their employee benefits package.The bespoke platform has been developed by Edenred, which has been appointed the sole provider of employee benefits to UK government staff through the Employee Services framework, ...
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ArticleEXCLUSIVE: Duncan Brown to discuss pay structures at Employee Benefits Live
Duncan Brown, head of HR consultancy at the Institute for Employment Studies (IES), will discuss the challenges surrounding pay structures and benchmarking in the current climate at Employee Benefits Live 2016.Brown will close the performance and talent conference stream on Wednesday 12 October with his session entitled Benchmarking reward and ...
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Supplier article
Forthcoming changes to the Pension Protection Fund (PPF)
By David Piltz, EMEA Consulting and Market LeaderAutumn is a season of change and the Pension Protection Fund is certainly embracing that sentiment.The Pension Protection Fund (PPF) has, in recent years, received a number of comments on the level of compensation (and comparative fairness from one member to another) that ...
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Supplier article
Useful reading on motivating staff and older people at work
We have now been posting on Employee Benefit themes for almost six years on this blog. With such a wealth of data and thoughts behind us it is perhaps inevitable that some topics are important enough to recur time and time again. Two such items are motivation (and productivity) of ...
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Supplier article
10 things employees should consider before leaving defined benefit pension schemes
In the past, the majority of pension savers were members of a defined benefit (DB) pension scheme also known as final salary schemes. Poor working and living conditions meant that retirement tended to only be for a few years, and certainly not the 20, 30 and even 40 years that ...
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OpinionLovewell's logic: Looking forward and looking back
It may be a sign that I’m getting older, but time seems to fly past scarily quickly these days.It certainly doesn’t seem like a year, for example, since our last Employee Benefits Live.Reaching milestones in the year such as this always seem like a good time to stop and take ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 29 September and 5 October 2016 were: National minimum wage rises to £6.95EXCLUSIVE: BT to consolidate benefits in global online platformCurrent government consultations could impact employee benefits strategiesKevin Hart laughs his way to the world’s highest-paid comedian spot63% feel obliged to ...