Employee Benefits
WEBJul 1, 2006 · The market-leading website for the reward and employee benefits industry in the UK. It supplies the latest news, analysis, compliance issues and research. as well as a vast reference library on employee benefits.
Tesco focuses on pension scheme members’ retirement outcomes
WEBAug 12, 2021 · Ruston Smith, non-executive chair of the Tesco Pension Fund and a former chairman of Pensions and Lifetime Savings Association (PSLA), highlights the need for employers generally to maintain focus on member outcomes in retirement, particularly in regard to auto-enrolment schemes that may have …
Two-thirds of employers offer enhanced maternity pay
WEBMay 21, 2021 · A total of 37% make enhanced maternity pay dependent on the employee returning to work following maternity leave. Financial incentives, or other benefits such as flexible working to assist with a return to work following maternity leave, are offered by 45.9% of employers. This rises to 59% among firms with 1,000 or more staff.
Long Service Awards: what’s the best approach for my business?
WEBJun 26, 2018 · Payments for 20 years’ service are also worth £300 at the median, although in one organisation this rises to £7,500. Other generous awards include one month’s salary, and four weeks’ paid leave. One organisation gives employees £200 to donate to a charity of their choice. Among the handful of organisations marking 50 years, the typical ...
Buyer’s guide to corporate eyecare - Employee Benefits
WEBApr 22, 2015 · Providers include ASE Corporate Eyecare, Boots and Vision Express, and employers can expect to pay anything from £15 upwards for a voucher. Broad eyecare cover. Broader cover is also available, allowing employees to get money towards new glasses. For example, as well as covering an eye …
Buyer's guide to health cash plans - Employee Benefits
WEBOct 24, 2023 · LaingBuisson’s 2022 Health cover UK market report found that total spending on health cash plans in the UK at the end of 2020 was £411 million. Of this, £146 million was from employer-paid plans. The total benefit paid was £219 million. The average annual price paid per employer-paid plan was £100, and for individuals was £248.
McDonald’s Restaurants puts motivation and reward at heart of …
WEBJun 3, 2015 · Motivation is a key focus within the organisation. McDonald’s also incentivises and supports desired behaviours through two bonus schemes for its 400 company-owned restaurants. Each month, all employees in the top 10% of restaurants, based on mystery shopper scores, receive a bonus of 50p for each hour …
Cushon acquires Creative’s workplace pension scheme
WEBBy Zoe Wickens 25th January 2022 9:00 am. Workplace savings fintech firm Cushon has acquired financial services business Creative’s workplace pension scheme. This is Cushon’s third workplace pension acquisition in two years, in line with regulatory goals to drive further consolidation in the market. With the addition of the 14,500 ...
Employer profile: Whitbread - Employee Benefits
WEBJan 1, 2008 · Employer profile: Whitbread. Leisure firm Whitbread is currently reviewing benefits as part of its aim to harmonise company culture across brands, says David Woods. The name Whitbread has for many years been synonymous with the brewing industry. Its founder Samuel Whitbread set up the first mass production brewery in …
How to review a benefits strategy - Employee Benefits
WEBMar 25, 2013 · Reviews should be based on clear business objectives and employee feedback. Employers should ensure that any benefits they want to replace do not form part of an employee’s contract of employment. Employers should constantly review the reasons why they offer employee benefits to their workforce. A review of their employee benefits package may ...