All Employee Benefits articles in Web Issue – Page 988
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Supplier article
Survey reveals employees left vulnerable to making poor pension decisions
WEALTH at work recently conducted a survey to investigate what has changed in the workplace since the introduction of the pension changes. Its aim was to understand the attitudes and opinions of a range of UK companies in recognising the need to support their employees as they approach retirement.Employees set ...
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ArticleTotal pay increases by 2.8%
Total pay, including bonuses, increased by 2.8% for employees in Great Britain between September-November 2015 and September-November 2016, according to the Office for National Statistics (ONS).Its UK labour market: January 2017 report also found that regular pay increased by 2.7% in nominal terms between September-November 2015 and September-November 2016. This ...
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Article27% believe the salary sacrifice changes will damage employee engagement
More than a quarter (27%) of employer respondents believe that the limitations on salary sacrifice arrangements will damage employee engagement and employee relations, according to research by Jelf Employee Benefits.Its 2017 Jelf employment survey, which surveyed approximately up to 350 employers across England and Wales, also found that 47% of ...
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Article3 - leader
When gender pay gap reporting regulations come into effect from April 2017, HR and reward professionals in organisations with more than 250 employees will find themselves tasked with compiling data on gender pay and bonus inequalities in their business. As the people who are often responsible for taking measures to ...
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ArticleLloyds Banking Group is 2017's most LGBT-inclusive employer in Britain
Lloyds Banking Group is the most inclusive employer in Britain for lesbian, gay, bisexual and trans (LGBT) employees, according to the Top 100 Employers list 2017, compiled by LGBT charity Stonewall.The list is based on submissions to benchmarking tool the Workplace equality index, through which employers demonstrate best practice in ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 12 and 18 January 2017 were: Tribunal rules against Ministry of Justice in pensions discrimination caseLifetime Isa becomes law through Savings BillCharlton Morris introduces unlimited holiday for senior consultants31% believe their employer does enough to support mental health and wellbeingLeeds Trinity ...
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ArticleConfessions of a benefits manager: Candid looks at pensions law
It is safe to say quarterly trustee meetings are never the highlight of my year. Not that my job is otherwise a whirlwind of glittering excitement, but if there is something guaranteed to sink the Candid heart, it is anything to do with pensions. This trustee meeting is not likely ...
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ArticleMoney.co.uk renovates Victorian castle to create unique office space
Something for the weekend: Cirencester-based technology organisation Money.co.uk has completed a £3 million renovation project to transform a grade two listed castle into the ultimate high-tech workplace, personalised to cater for the wants and needs of the organisation’s 50 employees and to boost employee engagement.The 10,000-square foot Victorian castle, which ...
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ArticleUber to pay $20m to settle misleading earnings claim
Taxi and ride-sharing organisation Uber is to pay $20 million (£16,252,235) to settle a claim that it misled prospective drivers by exaggerating how much they could earn in certain cities.The US Federal Trade Commission (FTC), which brought the charges against Uber, allege that in order to attract new drivers, Uber ...
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Article55% of accountants seek a better work-life balance when considering a new job
More than half (55%) of qualified accountant respondents are motivated by flexibility and a greater work-life balance when considering a new job role, up from 37% in 2015, according to research by the Chartered Institute of Management Accountants (CIMA) and Global Accounting Network.The CIMA 2016 salary insights report, which surveyed ...
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ArticleEXCLUSIVE: 53% want to receive benefits communication around life events
EXCLUSIVE: More than half (53%) of employee respondents want their employer to communicate information about benefits to them around life events, such as marriage or childbirth, according to research by Thomsons Online Benefits.Its Communicating employee benefits: driving the value of reward report, which surveyed 200 HR and reward professionals and ...
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Supplier article
Why every Group Income Protection scheme should be reviewed this April
The government is making changes to state disability benefits this April, which will have a significant impact on large numbers of group income protection policies, also known as long-term sick pay.On 6 April 2017, the work related activity component (WRAC) of the employment and support allowance (ESA) is being removed. ...
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ArticleAverage salaries in the recruitment industry rise by 17.5%
The average salary for employees working in the recruitment industry increased by 17.5% between the fourth quarter of 2015 and the fourth quarter 2016, according to research by CV Library.Its latest Job market report, which is based on an analysis of data from CV Library's website, also found that average ...
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ArticleDeutsche Bank limits individual bonuses for 2016
Banking organisation Deutsche Bank has limited its bonus payments for the 2016 financial year, and will not be providing any individual variable compensation for senior executive staff.The changes will mean that employees with the corporate titles of vice president, director and managing director will still receive the group variable compensation ...
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Supplier article
Mind the CEO gap: what it is and how you can fix it
By Matt Macri-WallerEmployee engagement is no longer an issue for HR departments alone. It’s landing on the desks of CEOs, coming up in board meetings and now, more regularly than ever, it’s featuring in the mainstream media.This is with huge thanks to HR professionals all over the UK for championing ...
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ArticleEXCLUSIVE: First Group to take a consumer-centric approach to employee engagement at Employee Benefits Connect 2017
EXCLUSIVE: British transport organisation First Group will discuss how to engage employees in consumer-facing roles to create a culture that enables an organisation to achieve its business goals at Employee Benefits Connect 2017.Tim Cowley, people and change lead at First Group, will present a session titled 'Consumer-centric model: proving engagement ...
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ArticleThe top issues a financial education strategy should incorporate in 2017
Need to know:Giving employees guidance around effective retirement planning is a key issue that a financial education strategy should focus on in 2017.Financial wellbeing in the context of broader employee wellbeing is also set to continue to be a key trend.Employers will also need to consider educating staff about alternative ...
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ArticleHow to encourage employees to talk about finances in the workplace
Need to know:Unsecured debt in UK households is at a record high.A financial education programme to address sensitive financial issues should incorporate all benefits, including employee assistance programmes (EAPs) and retail discounts.Employers can use a range of communication methods, but they must assure employees that they can discuss sensitive subjects ...
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Case StudiesAdmiral Group provides tools to help staff manage financial concerns
Insurance group Admiral offers its employees financial education through its Ministry of Money programme.The Ministry of Money, represented by a green pig, is designed to be a humorous way to get more serious messages across to the workforce. Admiral also runs a Ministry of Health to focus on health and ...
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OpinionCatherine Rickard: The case for considering employees’ financial wellbeing is compelling
Significant proportions of employees are facing increasing financial challenges. For example, demographic and policy changes, rising education and housing costs, an ageing population and rising state pension age, mean that the financial pressures facing employees are only likely to intensify over the coming years.But why should employers be concerned if ...