When we talk about employee benefits, many of the insurance policies employers put in place for their staff ultimately provide financial protection or cover for health related conditions. However, the modern employee benefit scheme includes lots of valuable additional benefits and resources at no additional cost, which employees can use at any time and without […]
Most people in the UK these days tend to have online access for their bank accounts which we can see via a desktop PC, tablet or mobile phone. This is access is really useful as it allows us to track our own money and understand in an instant, what funds we have. Although slow to […]
Richard Grover discusses how current experience could be a good way to consider what you need for a comfortable retirement.
When employers think about employee wellbeing, they often think about employee sickness absence and how to manage and reduce this. However, research demonstrates that presenteeism is just as big a risk to businesses. What is presenteeism? Presenteeism is when employees come to work but experience decreased productivity and quality of work due to health problems. […]
Making the Most of Your Employee Assistance Program October saw World Mental Health Day which certainly helps raise awareness. Clearly, we should all be giving this subject thought on a regular basis and not wait for these annual reminders. One resource employers’ can rely on are Employee Assistance Programs (EAPs). This invaluable support mechanism is […]
The Office for National Statistics (ONS) released its annual survey of occupational pension schemes in June 2019 and this identified some interesting trends in relation to Workplace Pensions. One of the key statistics that instantly jumped out at me, was a surge in the number of dormant pensions in recent years. Since auto enrolment was […]
In a move that could increase the Treasury’s annual revenue by up to £1.75 billion, the Chancellor announced in the Summer Budget that the standard rate of UK Insurance Premium Tax (IPT) will increase from 6% to 9.5% from 1st November 2015. IPT is a tax on general insurance premiums and there are two rates: […]