Employee Benefits
Employee benefits: Demand for more integrated flexible benefits services has driven a trend towards consolidation of the main market players.
Mary Cowlett, 31 August 2010
After years of relative stability, it seems the world of flexible benefits is changing. Recently, there has been a clear move to consolidation, both by those that advise on flexible benefits and the providers that underpin the implementation, administration and delivery of such schemes. It has been particularly prevalent among the global consultancies - such as Watson Wyatt and Towers Perrin, which merged in January to become Towers Watson - and the likes of Standard Life which, in November 2008, finalised its purchase of employee benefits software specialist Vebnet.
Auto-enrolment into company pension schemes means staff could see their slice of the cake get significantly smaller
David Woods, 01 September 2010
Next month ushers in the two-year countdown to the biggest change in pensions provision history since the introduction of the 'old age pension' of five shillings a week 100 years ago - auto enrolment and the creation of the National Employment Savings Trust (or NEST).
News
Businesses are making more use of online portals to communicate benefits information
David Woods, 02 September 2010
A growing number of businesses are now applying technology to communicate benefits...
New online total reward and flexible benefits scheme for Live National Entertainment staff
David Woods, 02 September 2010
Live Nation Entertainment has launched a new online total reward and flexible...
Growing number of employers struggle to manage risks around how they reward employees
David Woods, 01 September 2010
The proportion of HR professionals who believe their organisation, or their client,...
B&Q launches environmental perks for staff as part of CSR campaign
David Woods, 01 September 2010
B&Q is to help 30,000 employees to reduce their energy bills and...
Employers forced to reduce employee benefits in preparation for pensions auto-enrolment
David Woods, 31 August 2010
The country's largest employer are considering 'levelling down' their pension contributions to...
Employee Benefits In Depth
Employers should take care in implementing new pay structures following recent case ruling
Vicky Bennett, 02 September 2010
Employers will have to carefully consider equal pay provisions when implementing new...
Sky staff get on their bikes
Peter Crush, 01 September 2010
As part of its sponsorship of the GB cycling squad and to...
Employee benefits: HR professionals are left dazed and confused by the growing variety of products health cash plans offer
Peter Crush, 01 September 2010
When Aviva, the world's fifth-largest insurance company, decided to re-enter the health...
Pay day - but employees struggle financially if their pay cheque is not paid on time
David Woods, 27 August 2010
Staff are living "pay cheque to pay cheque" and are unable to...
DWP reports growing employer and employee optimism for pension auto-enrolment
David Woods, 25 August 2010
The Department of Work and Pensions (DWP) has launched a report showing...
Minimum Wage hike for Scottish agricultural apprentices
David Woods, 24 August 2010
The Scottish Agricultural Wages Board has introduced an increase to the minimum...
Working parents forced to depend on family members for childcare as costs soar
David Woods, 24 August 2010
Just under half of working parents depend upon their own mums and...
Local authorities forced to introduce a workplace parking levy in attempts to raise money
David Woods, 23 August 2010
A number of local authorities are actively examining introducing the charge in...
Government's pensions tax proposals are better than Labour's but still need improvements
David Woods, 23 August 2010
The coalition government's revised proposals for restricting tax relief on pension savings...
Most UK employees would rather suffer in silence with a health concern...
