All Employee Benefits articles in Web Issue – Page 999
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Article98% of FTSE 350 organisations offer defined contribution pension schemes to new staff
The majority (98%) of FTSE 350 organisations offer a defined contribution (DC) pension scheme to new employees, according to research by Willis Towers Watson.Its FTSE 350 defined contribution pension scheme survey 2017, which is based on analysis of surveys and public data relating to the pension schemes offered by 97 ...
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ArticleEXCLUSIVE: NHS England to discuss data analytics and wellbeing at Employee Benefits Connect 2017
EXCLUSIVE: NHS England will explore the role of data analytics in driving a tailored approach to employee health and wellbeing at Employee Benefits Connect 2017.Eric Barratt (pictured), healthy workforce programme manager at NHS England, will present a session titled ‘Driving positive behaviour for a healthier workplace’ as part of the ...
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Article48% do not know that tips cannot be used to top up pay to the minimum wage
Almost half (48%) of respondents who earn less than £15,000 a year do not know that tips cannot be used to top up wages to the minimum wage, according to research by the Department for Business, Energy and Industrial Strategy (BEIS).Its survey of 1,435 UK adults who are aged 16 ...
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ArticleWhat should employers expect from today’s pension trustee board?
Need to know:Trustees of defined contribution (DC) pension schemes have been placed under the spotlight, leading to a greater focus on governance.Trustees will be under more pressure from employers to ensure that the objectives of a pension scheme are being met.Auto-enrolment, and the increase in the number of savers into ...
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AnalysisInfographic: What information do pension scheme trustees communicate annually?
An infographic showing the proportion of the trustees of defined contribution (DC) pension schemes communicating each item annually or more often (Source: Defined contribution trust-based pension schemes research, OMB Research for The Pensions Regulator, July 2016).Read more in: What should employers expect from today's pension trustee board?
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OpinionAmanda Latham: High standards of governance bring value for pension scheme members
The pensions landscape has changed dramatically in recent years and is still evolving. Automatic enrolment is bringing millions of new savers into pensions each year. By 2020, the figure is expected to be 10 million, with the vast majority of newly enrolled savers being enrolled into large defined contribution (DC) ...
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Supplier article
National Employee Appreciation Day is coming – 3 March 2017
National Employee Appreciation Day is coming. Yes, there is such a ‘thing’, and if you’re reading this article, there’s still time to act. Observed annually on the first Friday in March, this year National Employee Appreciation Day falls on the 3rd of March. It’s been a recognised day in America ...
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Supplier article
Financial education provider ranks as one of North West’s fastest-growing SMEs
WEALTH at work, a leading provider of financial education in the workplace, supported by guidance and advice, has been listed as 16th in Insider's rankings of the North West’s top 100 fastest-growing small and medium-sized enterprises (SMEs).Jonathan Watts-Lay, Director, WEALTH at work, said: “We are thrilled to be ranked so ...
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Supplier article
How to write the perfect CV
By Kathryn Kendall, chief people officerWriting a CV has, it seems, turned into something of a dark art. Over the course of my HR career I’ve heard rumours and theories about what makes the perfect CV. Cramming absolutely everything you’ve ever done onto no more than two sides of A4 ...
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ArticleKFC, Pizza Hut, Taco Bell and Yum! Brands enhance parental leave for US staff
Fast food restaurant organisation Yum! Brands, which includes KFC, Pizza Hut and Taco Bell, has expanded its paid parental leave policy for US-based staff.The organisation has extended its parental leave policy for birth mothers to 18 weeks at full pay, including six weeks of ‘baby bonding’ time. The enhanced policy ...
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ArticleEXCLUSIVE: Moneypenny to discuss talent management at Employee Benefits Connect 2017
EXCLUSIVE: Telephone and switchboard organisation Moneypenny will provide insight on adopting a successful talent management approach at Employee Benefits Connect 2017.Rachel Clacher (pictured), director at Moneypenny, which ranked fourth in the Sunday Times' 100 Best Companies List 2017, will lead a session titled ‘Putting people first: the importance of being ...
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OpinionLorraine Heard: Time for the public sector to mind the gender pay gap
From next April, all employers with 250 or more employees will have to collect and publish gender pay gap data annually, including: their mean and median gender pay gap; their mean and median gender bonus pay gap; the proportions of male and females in each pay quartile; the proportions of ...
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Article56% collect data on average pay by ethnicity
Just over half (56%) of employer respondents collect data on average pay by ethnicity, according to research conducted as part of an independent review led by Baroness McGregor-Smith.The Race in the workplace: the McGregor-Smith review, which received responses to its call for evidence from 416 employees, 26 employers and 37 ...
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ArticleGovernment to amend definition of financial advice for regulated firms
HM Treasury is to amend the UK definition of financial advice for regulated firms from 3 January 2018.The government will amend the definition of financial advice for regulated firms so that advice is only given when providing a personal recommendation.The current wider definition for financial advice that is stated in ...
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ArticleHow to future proof a reward strategy in light of changing pay regulations
Need to knowNew legislation on the horizon could increase pay bills in certain sectors.Changes to salary sacrifice arrangements could also impact the benefits mix.Reward professionals need to communicate with employees, the wider business and government.This year will see a raft of pay and benefits-related initiatives come into force or appear ...
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Case StudiesWild Card Brewery sees the value in going beyond the minimum
Walthamstow-based micro-brewery and bar Wild Card Brewery decided to pay its staff the London living wage, as determined by the Living Wage Foundation, when the business was first set up in 2012. Andrew Birkby, one of the firm’s founders, says: “The national living wage that employers are now required to ...
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OpinionDavid Baxter: Executive remuneration and the future of the long-term incentive plan
Many listed organisations will be putting their directors’ remuneration policy back to shareholders at the 2017 annual general meeting (AGM) for the first time since 2014. Renewal of the policy comes against a background of increasing calls for executive pay restraint and the risk of another ‘shareholder spring’ if investors ...
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AnalysisInfographic: How are employers offsetting the national living wage?
An infographic looking at the national living wage offsetting measures employers either have, or were, considering implementing. (Source: Incomes Data Research's Impact of the national living wage: a report for the Low Pay Commission, October 2016)Read more in How to future proof a reward strategy in light of changing pay ...
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ArticleFollow the action at Employee Benefits Connect 2017
Employee Benefits Connect returns to London on Wednesday 1 March 2017 at the Park Plaza in Westminster.Delegates will be able to attend thought-provoking sessions spanning six conference streams: holistic wellbeing; technology and innovation; employee engagement; driving performance; talent management; data analytics.During the sessions, experts from across the benefits, reward and ...
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ArticleSir Philip Green agrees £363m settlement for BHS pension scheme
Sir Philip Green has agreed a £363 million cash settlement with The Pensions Regulator (TPR) for the British Home Stores (BHS) pension scheme.A total of £343 million will be used to fund a new independent pension scheme, and £20 million will be put towards expenses and scheme costs.The new arrangement, ...