2004 survey of policy and practice in benefits and allowances

EMPLOYEE BENEFITS

2004 survey of policy and practice in benefits and allowances

Businesses invest colossal sums of money each year in a huge variety of employee benefits. A new three-part survey by IRS, an employment research organisation, offers a guide to the range of benefits on offer amongst a sample of UK employers.

What you will find in this survey

Spread over three issues of the fortnightly journal IRS Employment Review, this 209-employer survey includes "benchmarking" information on the level of benefits and allowances in named organisations.

Part 1

"Benefits and allowances (1)", IRS Employment Review 801/Pay and Benefits, 4 June 2004.

Besides offering a snapshot of the extent of provision among the survey sample, a series of tables provide details of:

  • permanent health insurance (33 named organisations)
  • call-out payments (32)
  • standby payments (22).

Other issues surveyed:

  • attendance allowances
  • tool allowances
  • time off for medical appointments
  • private medical insurance
  • dental insurance
  • counselling and employee assistance programmes.

Part 2

"Benefits and allowances (2)", IRS Employment Review 802/Pay and Benefits, 18 June 2004.

Focuses on "non-statutory benefits" and includes tables covering:

  • long-service awards (29 named organisations)
  • staff discount arrangements (18)

Other issues surveyed:

  • deputising payments
  • first-aid payments
  • subsidised staff canteens
  • mortgage subsidies
  • flexible benefits schemes.

Part 3

The final part of the research, to be published in a forthcoming issue of IRS Employment Review, will detail travel and subsistence allowances including: company cars car allowances mileage rates season tickets loans subsistence payments.

Want to know more?

Methodology: Postal questionnaire sent to subscribers to IRS journals in March and April 2004.

Sample size: A total of 209 organisations responded to the survey with a combined workforce size of more than 387,000 workers.

Availability: Contact the subscriptions department at IRS in London, tel: 020 8686 9141 or visit www.irsemploymentreview.com

Posted 1 July 2004