Monthly Archives November 2015

Early intervention reduces absence length by 17 per cent

Early intervention reduces absence length by 17 per cent Early intervention services can reduce the length of long-term sickness absences by 17%, according to research by the Centre for Economics and Business Research (Cebr), commissioned by employee benefits provider Unum. Its Benefits of Early Intervention report, which is based on estimations of the annual cost of long-term sickness absence to the UK economy in 2014 and draws on national statistical data sets and Unum’s proprietary group income protection claims data, also found that early intervention services to support employees with mental health conditions can reduce absence length by 18%. The
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Categories: News.

Auto-enrolment compliance notices quadruple

Auto-enrolment compliance notices quadruple Figures from The Pensions Regulator (TPR) show 469 auto-enrolment compliance notices were issued to employers between July and September 2015. A compliance notice is issued under section 35 of the Pensions Act 2008 to remedy a contravention of one or more auto-enrolment employer duty provision. The latest number is almost quadruple that for the previous quarter. In addition, during the last quarter TPR issued 85 unpaid contributions notices, 107 fixed penalty notices of £400, and two escalating penalty notices carrying a daily fine of between £50 and £10,000 – bringing the total of escalating penalty notices
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Categories: News.

Shared parental leave and pay scheme to be extended to working grandparents

Shared parental leave and pay scheme to be extended to working grandparents The Government has announced that it is planning to extend the current scheme of shared parental leave and pay to include working grandparents by 2018.  A consultation is expected to be launched on the details of the extension in the first half of 2016, with the new legislation expected to come into force in 2018.  The Government hopes that the proposed change will increase flexibility and choice in parental leave arrangements and support working parents with the costs of childcare during the first year of a child’s life.
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Categories: News.

Are you aware of the increase in living wage rate?

The living wage rate has increased by 40p an hour from £7.85 to £8.25 from 2nd November 2015. The London living wage has risen by 25p an hour from £9.15 to £9.40. The increase in the UK living wage rate, which is calculated according to the cost of living, will result in a pay rise for around 68,000 workers employed by accredited living wage organisations, as well as sub-contracted teams working on their premises. The London living wage rate has increased by 40% since 2005. An additional 295 employers committed to paying the London rate over the last year. The
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Categories: News.

Harness the power of Social Media to drive your Employee Benefits Scheme

Harness the power of Social Media to drive your Employee Benefits Scheme Social media has wide uses for employee benefits, but employers are just starting to realise its value as an engagement and communication channel. But there are several top tips to consider for harnessing its power: 1. Use internal networks There are a range of enterprise social networks (ESNs) being used internally within businesses, such as Yammer, Slack and Jive. Facebook At Work is also currently being trialled. These allow employers and staff to build networks and groups, as well as make and comment on posts in a work
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Categories: News.