Employee Benefits

SEPTEMBER 15, 2023

Two-fifths of older employees are unaware of how much they have saved for retirement, according to research by workplace savings and pensions fintech Cushon. However, 86% of this age group have never transferred one pension pot into another. However, 86% of this age group have never transferred one pension pot into another.

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Employee Benefits

DECEMBER 8, 2022

Need to know: *Trustees of large pension schemes and master trusts now have an additional obligation to publish a forward-looking measure of their scheme’s alignment with the Paris Agreement. Trustees and employers should ensure the pension investment strategy aligns with the business’s own corporate social responsibility strategy. .

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Employee Benefits

NOVEMBER 14, 2022

Need to know: Trustees of large pension schemes and master trusts now have an additional obligation to publish a forward-looking measure of their scheme’s alignment with the Paris Agreement. Trustees and employers should ensure the pension investment strategy aligns with the business’s own corporate social responsibility strategy.

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Employee Benefits

JANUARY 26, 2022

The Work and Pensions Committee is calling for trials of automatic appointments with the Pension Wise service as part of its new ‘Stronger Nudge’ interventions. This can be delivered face-to-face or online and utilises digital nudge technology to encourage employee engagement and participation.

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Employee Benefits

JULY 10, 2023

Technology has transformed the way employees interact with their benefits, enabling much greater engagement. Several different types of benefit technology are available. Alongside benefits platforms that allow employees to take out and manage different products, many organisations’ intranet sites contain information on benefits.

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Employee Benefits

APRIL 24, 2024

The new reporting regime for pension schemes to disclose their investment allocations to UK markets is flawed. Ken Scott, head of investment solutions at Royal London, says: “Department for Work and Pensions (DWP) best practice suggests that lifestyling is a key consideration.

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Employee Benefits

FEBRUARY 14, 2023

Credit: William Barton / Shutterstock.com Banking organisation NatWest Group has acquired 85% shareholding in workplace savings and pensions fintech Cushon, with the remaining 15% retained by Cushon management. Users can save into pensions, ISAs and other products direct from their pay. The business has £1.8

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Employee Benefits

NOVEMBER 6, 2023

Travel-related benefits, pensions and carbon-offsetting schemes can all help employees make a difference to their carbon footprint, and that of their employer. Green investments Pensions are another area where employers can have a significant impact. Refurbished options Other measures can also have an impact.

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Employee Benefits

MARCH 8, 2022

The Wealth at Work group – a leading financial wellbeing and retirement specialist has acquired Death by Design Limited (DBD Digital), a technology firm based in Alderley Edge, Cheshire who have worked with the group for over a decade, purposefully designing a range of bespoke technology systems and delivering marketing services.

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Employee Benefits

JANUARY 15, 2024

The global financial technology firm that provides merchants with card readers and payment solutions has more than 3,000 employees globally. Its benefits offering for UK-based employees includes the SumUp corporate pension scheme, private medical insurance and life insurance cover, which it primarily markets towards its older staff.

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Workplace Insight

NOVEMBER 28, 2022

“My engineering students had come to class with technology on their minds.” It’s a fascinating book in which she consciously pushes back against the prevailing narrative that so-called smart technology has a fix for every problem. And like Hendren’s students, we start with technology on our minds. This is no accident.

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Qandle

APRIL 7, 2022

Calculating your employees’ salary, issuing payments, preserving payroll records, and collecting tax forms are all part of payroll management. A quarter of US businesses still manage their payroll with pen and paper. 10 payroll management ideas that can save you time and money. Provide payroll training to your employees.

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Employee Benefits

NOVEMBER 30, 2023

loyalty pension programme; Tack means ‘thank you’ in Swedish. Each full-time employee who has worked for the group for five years or more will receive the same amount of extra contribution to their pension fund, regardless of their position or salary level. loyalty pension programme since 2014.

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Qandle

AUGUST 24, 2022

Finding the Human Resource Management System that is best suited for your company might seem like an unending series of obstacles to overcome. The difficulty lies in the fact that “HRMS” turns out to be a pretty nebulous phrase once one begins investigating the many HR software and technology options that are now available.

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Employee Benefits

OCTOBER 11, 2023

They will also be eligible for compassionate and parental leave that includes providing a lump sum to cover time off if they welcome a new family member or lose a loved one, and discounts on food and groceries, fuel, technology and utilities at well-known retailers.

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Employee Benefits

FEBRUARY 24, 2022

Rapidly growing finance technology provider Cushon has appointed experienced HR practitioner Jo Bean as chief people officer. If Cushon’s acquisition of the Creative Pension Trust is approved by the regulator, it will increase the fintech’s customer base to over 400,000 and the value of the assets under its management to £1.7

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HR Lineup

OCTOBER 31, 2021

For this reason, our team of researchers decided to do all the legwork and listed the top 5 employee benefits management systems that have been thoroughly tested and reviewed. They offer corporate functions, including accounting and finance, marketing, information technology, conflict management, talent development, to name a few.

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Employee Benefits

FEBRUARY 15, 2024

The Welsh government has partnered with employee benefits provider Vivup for the managed service provision of its employee benefit schemes. It will also offer reward and recognition benefits such as gift cards, vouchers and gift experiences, long-service awards, recognition messages or cards, and lump sums.

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Employee Benefits

OCTOBER 4, 2023

In addition, the organisation was keen to put money back in the pocket of staff and, in conjunction with BH Network, it rolled out a salary sacrifice technology scheme that allows employees to spread the cost of buying home technology. Llewellyn said: “It’s been about getting benefits in a quicker timeframe.

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Employee Benefits

DECEMBER 14, 2022

Events impacting pay, financial wellbeing and pensions. In terms of pensions, employers will be looking at how to position them to staff without a disposable income and how they can use their budget to support staff with retirement benefits if they cannot put it towards pay.”. The cost-of-living payments that we’ve seen will continue.

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Employee Benefits

JUNE 8, 2023

It is leading the way in innovating employer engagement via its suite of employee benefits that match individual business requirements with a tailored, personal solution, to provide a ‘bridge’ between an employer and its workforce with pioneering technology-based solutions.

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Employee Benefits

APRIL 4, 2023

Insurance brokerage, risk management and consulting services firm Arthur J Gallagher has completed acquisition of the partnership interests of BCHR Holdings, otherwise known as Buck. HR, pensions and employee benefits consulting, technology, and administration services provider Buck has 2,300 employees across the US, Canada and the UK.

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Employee Benefits

MAY 10, 2023

Some group risk products also offer assistance with pain management for long-term health issues such as arthritis, as well as modifications with equipment in the workplace. Employers can also use annual benefits statements to communicate what they offer, adds Ron Wheatcroft, technical manager at Swiss Re.

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Employee Benefits

OCTOBER 6, 2023

Credit: Tada Images / Shutterstock.com Science and technology business Merck has launched a fertility benefit programme to offer its employees across the globe financial support for fertility treatments. It covers a range of services, such as fertility tests , in-vitro fertilisation treatments. and hormonal treatments.

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Professionals Alternative

NOVEMBER 8, 2023

Real estate investment and the role of property management Real estate investment in mixed-use developments offers a unique opportunity for investors to diversify their portfolios and capitalize on the growing demand for mixed-use spaces.

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cipHR

NOVEMBER 8, 2018

New ways of looking at the role of HR, and of using technology ‘authentically’, dominated discussions on day one of the UK’s biggest HR event. It is vital that decision-making depends on our trust in the value of human instinct, and not the rapidity of technology, she added. .

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HR Digest

JANUARY 10, 2021

The current surge in the gig economy has been influenced by rise of digital technology and the use of on-demand platforms. There’s more to the gig economy than work being mediated via technology. According to estimates, five million workers are at risk of not having enough pension.

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Employee Benefits

JANUARY 21, 2022

million pension savers [1] are set to reach the limit and will be hit with a tax charge of 55% in retirement. This could particularly affect those who never check the value of their pension, or haven’t done so for some time. Positive pension fund growth as well as a pay rise may easily push them over the LTA before they know it.

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Workplace Insight

JANUARY 11, 2023

They suggest that while many of these stressors are outside of an employer’s control, leaders and people managers can make meaningful impact within the employee experience and life-work journey by: Providing basic employee needs such as a liveable wage, affordable healthcare, and retirement and pensions support. Fostering agility.

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cipHR

AUGUST 4, 2020

Over recent years, the rise of technology and automation has impacted organisations and people in many ways. If there are any upcoming performance reviews, new starters, leavers, or key dates, HR software can remind HR teams and appropriate employees (such as line managers) about these events by sending automatic email alerts.

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Employee Benefits

MARCH 21, 2023

Technology retailer Currys has awarded its 10,000 hourly store employees a pay rise , the fourth in 18 months, with rates increasing from £10.35 per hour to £10.50 across the UK. The rate will rise to £11.50 per hour for those located in London, with both increasing again to £10.80 and £11.80, respectively, after six months.

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HR Digest

APRIL 11, 2024

The field of human resource management (HRM) encompasses vital tasks such as recruiting, screening, and developing employees for businesses. They provide insights into strategic HR planning, the dynamic between HR and line managers, and global trends impacting the field. Laszlo Bock’s “ Work Rules!

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Vantage Circle

SEPTEMBER 23, 2023

As a manager, do you believe that or pay lip service? Pension Plans A pension plan is a benefit for employees. Pension plans provide a predictable retirement income based on a predetermined formula considering the final salary and years of service. Thereby causing a lack of motivation, efficiency, and productivity.

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Employee Benefits

FEBRUARY 15, 2022

Another factor, however, is ongoing health conditions, with treatment programmes prolonged due to the necessary focus of NHS resources on managing the pandemic. Most prominently, this is down to Covid-19 (coronavirus) infections and self-isolation following contact with infected individuals.

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cipHR

MAY 4, 2022

For over two-thirds (67%) of the 1,001 people polled, sick pay is the employee benefit that they value most, followed by flexible working hours (57%) and pension contribution matching (46%) – where employers offer to match employees’ pension payments on top of the minimum auto-enrolment requirements. Pension contribution matching (3).

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LACE Partners

AUGUST 13, 2021

Our partners Applaud recently launched a whitepaper entitled ‘ The Future of HR: Employee experience fuelled by consumer-grade technology’ and in the latest HR on the Offensive Podcast Chris and Luka spoke to Jordan Robinson about some of the key themes. . So as an employee where do you go?

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Employee Benefits

MARCH 2, 2022

The app provides employees with mental health support through an employee assistance programme, a 24/7 GP service, and health advice; retail and leisure discounts; and access to online payslips and the employee’s pension dashboard.

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