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Jun 17, 2024 · What are corporate eyecare schemes? Looking after employees’ eye health delivers several benefits to employers. As well as helping meet their duty-of-care requirements, offering employees a regular eye examination can be …

Jul 5, 2010 · If you read nothing else, read this . . .Views on bonuses can differ from country to country, and region to region, as well as between organisations.Labour markets, costs of living and exchange rates must be considered when setting an international bonus structure.Rewarding individuals for the right behaviour as well ...

Nov 21, 2024 · UK private medical insurance costs are expected to increase by 12.6% in 2024, higher than the global average and three percentage points above the European average, according to research by global advisory, broking and solutions firm Willis Towers Watson (WTW).. According to the WTW Global medical trends survey, UK private medical inflation has been consistently higher than the European ...

Jan 10, 2024 · What are corporate gym memberships?Employers can offer a corporate gym membership on an employee-paid or discounted basis, with many gyms offering membership deals to organisations. Through membership, staff can access a gym, health club, leisure or sports centre, or exercise classes as part of a voluntary or flexible benefits package.What ...

Zoe Wickens Zoe Wickens is a journalist with five years of experience writing for trade and business to business publications. She joined Employee Benefits as a reporter in May 2021 and writes news and features content for the website. She won the Willis Towers Watson pay, reward and employee benefits journalist of the year award in 2023.

Sep 10, 2024 · What is salary sacrifice, and how can it help save money for both employers and employees? Terms like salary sacrifice, salary deduction, NET, and Gross can often confuse HR professionals and employees. There are important distinctions between the two, and the type of scheme available may vary depending on the ...

Apr 3, 2024 · What are healthcare trusts? Healthcare trusts enable employers to provide self-funded medical cover to employees. Unlike private medical insurance (PMI), healthcare benefits are paid for from a trust fund, set up with trust rules.

Jul 3, 2023 · What are share incentive plans? Share incentive plans (Sips) were introduced in the UK in 2000 as a type of employee share scheme aimed at helping employees, who can purchase shares or be awarded free shares in the company, to save in a tax-efficient way. By promoting employee ownership and participation, Sips can help to align the interests of employees with the long-term success of the company.

Sep 10, 2024 · More employees admitted that they value flexible working over wellbeing perks such as gym memberships and stress management apps, according to Investors In People.. The people management and employee wellbeing accreditation organisation carried out a survey through YouGov of more than 1,000 people and 500 HR decision makers.