2005 survey of policy and practice in benefits and allowances

EMPLOYEE BENEFITS

2005 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 138-employer survey includes "benchmarking" information on the level of benefits and allowances in named organisations.

Part 1

"Benefits and allowances (1)", IRS Employment Review 824/Pay and Benefits, 27 May 2005.

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

  • permanent health insurance (30 named organisations)
  • private medical insurance (24)
  • call-out payments (22)
  • standby payments (17).

Other issues surveyed:

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

Part 2

"Benefits and allowances (2)", IRS Employment Review 825/Pay and Benefits.

Focuses on "non-statutory benefits" covering:

  • deputising payments
  • first-aid payments
  • long-service awards
  • subsidised staff canteens
  • mortgage subsidies
  • staff discount arrangements
  • childcare vouchers
  • 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?

To purchase this IRS report contact the subscriptions department at IRS in London, tel: 020 8686 9141 or visit www.irsemploymentreview.com

Posted 9 June 2005