Blog: Do employee benefits really improve recruitment and retention?
A good deal of businesses see their benefits packages as tools to enhance their retention and recruitment strategies, and employees don’t disagree with them; according to a 2010 survey by MetLife, 43% of employees state that their benefits package has kept them in their current role. Staff turnover costs businesses money, there’s no escaping that, […]
Blog: The art of communication in tough economic times
We all felt it. The incredible desire to get 2012 off to a great start, this Olympic year that’s full of hope, only to be confronted with headlines indicating that the next 12 months could in fact be far worse in terms of the economy and employment market than the ones that have passed. Not […]
Analysis: Did the public sector pensions battle really need to be fought?
The Treasury is attempting to play down suggestions that proposed changes to public sector pensions, which led to the biggest walkout in a generation six weeks ago, are a poor deal for taxpayers. According to pensions consultant John Ralfe, the fight to get public servants to accept a later retirement age was at the very […]
Survey: The impact of flexible employee benefits
Salary sacrifice arrangements, although controversial are increasingly being used – and not just by large companies – to create flexible employee remuneration packages. But with HM Revenue & Custom’s recent crackdown on such schemes, there is now a cloud hanging over them. As a result, the Chartered Institute of Payroll Professionals has introduced a […]
HMRC probes premier league footballers over perks
HM Revenue & Customs is targeting premier league footballers over the undeclared perks that they allegedly receive from their clubs. The High Net Worth Unit has sent questionnaires to leading clubs asking for information on the benefits provided to their employees such as travel and entertainment expenses, company cars, health insurance and childcare. Information provided […]
Blog: Doing the festive season on a shoestring
With the recession still in force, many organisations this year will be cost-saving by cutting back on the Christmas celebrations. Asking people to pay for the staff party, or even cancelling it altogether; not putting up a decorated tree; cutting back on Christmas bonuses; these are all difficult decisions facing cash-strapped companies at the moment. […]
Health and wellbeing programmes: Engagement is key
Many organisations are beginning to understand that employee wellbeing plays an important role in personal happiness and productivity which, in turn, has a positive impact on corporate performance. But one of the biggest challenges is simply engaging staff sufficiently to actually take part in the wellbeing programmes intended for their benefit. High levels of such […]
Busiest expenses day of the year piles pressure on accounts staff
Yesterday was the busiest expenses day of the year, with finance teams facing a 139% rise in the number of claims submitted. According to claims management software provider Concur, staff rushing to recover the coming cost of Christmas placed huge pressure on finance teams to complete last-minute submissions before the break. The expenses rush added even […]
Ask the Expert: How do I ensure that shift workers get the right holiday?
The question We have a team of 24/7/365 shift workers working four days on, four days off, 12 hours each shift. Using the calculation on the Direct.Gov website (5.6 weeks entitlement x 3.5 shifts worked per week = 19.6 12 hour shifts annual entitlement), the team is entitled to 19.6 shifts off per year […]
Making Christmas incentives magic
For many employers knowing what to offer staff as a Christmas incentive can be tricky. Common benefits that are well-received include Christmas hampers, bottles of champagne, wine or chocolates. The popularity of hampers is certainly on the rise, particularly if they cater to a wide range of tastes. But rewards will inevitably have variable […]
Blog: Why there should be an end to end-of-year bonuses
Recognise This! – Bonuses are too often confused with compensation. In my reader just yesterday, I had several articles pop up on bonus compensation plans for the end of the year. At first, I was hopeful. Have organisations finally figured out that lump-sum end-of-year cash bonuses fail on multiple levels and so are turning […]
Medical panel should sign off long-term sick, report recommends
An independent panel of medical experts should be set up to decide whether or not people are fit for work, stripping GPs of the power to issue sick notes for long-term absence. Employers should also be given the right to appeal decisions made by family doctors to sign off workers, while being offered tax breaks […]
“Incredibly complicated” tax changes to salary sacrifice schemes due next year
Employers who offer workers childcare vouchers and the like will face some complicated tax calculations from the start of next year when new VAT rules on salary sacrifice schemes come into force. From January 1 2012, companies will have to pay VAT on non-cash goods and services provided to employees in exchange for some of […]
Blog: Five measures for creating an environmental impact
According to a report from Lancaster University’s management school, today the HR director forms part of the “golden triangle” in the boardroom, along with the CEO and the finance director. For the finance department, every move made will reflect the present state of the company, from releasing funds to hire more staff when business is […]
Blog: Using the London Olympics as a motivational tool
With less than a year to go before London hosts the largest sporting event in the world, businesses in the UK are now starting to consider ways in which to increase staff motivation during the 2012 Olympics. The recent release of an article from the Telegraph titled ‘Sickies to soar during Games’ not only reiterated […]
Lincolnshire shared services deal to save £1.3m by axing 20 posts
Plans for North and North East Lincolnshire councils to enter into a shared agreement to jointly provide local taxation and benefits services could save taxpayers £1.3m, mainly by getting rid of 20 full-time equivalent posts. The agreement, which will cover housing and council tax benefits administration, collection of council tax and non-domestic rates and other […]
Tax relief cannot be claimed on car allowances, rules tribunal
A training provider plans go to the Court of Appeal over an upper tier tribunal ruling that tax relief cannot be claimed on car allowances. The upper tribunal ruling in the dispute between Total People – now called Cheshire Employer and Skills Development – and HM Revenue & Customs found that lump sums given to […]
Gloucester Council’s shared service centre to save local jobs
Gloucester City Council’s move to a shared services model for revenues, benefits and welfare rights-based services will safeguard local jobs and should even create more as other authorities sign up to the arrangement, it has claimed. The Council has outsourced the delivery of the services to outsourcing company Civica in a bid to make annual […]
Blog: Agency worker regulations and how legitimately to avoid them
As an HR type, I’ve used agency temps plenty of times. The main attraction of agency workers is the flexibility for employers, particularly in the current economic climate. They form a key part of the ‘flexible workforce’ which means that employers don’t have to commit to employing anyone, just in case the business goes […]
Blog: It’s not just about the money
Retaining your best workers during an economic downturn can make the difference between success and failure for any company. When pay is squeezed and standards of living seem threatened, people naturally focus more on salary and benefits and less on job satisfaction. In a recent survey by the Institute of Administrative Management, more than […]