All Article articles – Page 542
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ArticleBNP Paribas wins top prize at Employee Benefits Awards 2015
The organisation took five prizes in total: ‘Best healthcare and wellbeing benefits – large employer’; ‘Best flexible benefits plan – large employer’; ‘Best alignment of benefits to business strategy’; ‘Best benefits communications – large employer’; and Grand Prix.The judges selected the banking firm as the Grand Prix winner because of ...
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ArticleCope moves to Konica Minolta Business Solutions
Michael Cope has become compensation and benefits manager at Konica Minolta Business Solutions.Cope previously held the position of interim reward manager at Shop Direct, Morrisons, Ericsson and Severn Trent Water, as well as regional reward manager (Europe) at Cristal Global and reward manager at Carillion and St Ives.
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ArticleSky promotes Ralph Tribe
Ralph Tribe has been promoted to director of people at Sky UK and Ireland.He is now responsible for all HR activity in the UK and Ireland across the organisation, and will lead a team of 200 HR employees.Tribe was previously director of organisation and people development at the broadcasting business, ...
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ArticleFlexible working and holiday most important perks for staff
EXCLUSIVE: Around two-thirds (65%) of workers consider flexible-working options to be the most important staff benefit, according to research from marketing organisation Mintel.The study, which surveyed 1,000 full and part-time workers, asked respondents to consider which employee benefits are most important to them.Of those surveyed, 66% believe having over 20 ...
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ArticleNest appoints new chief executive officer
Nest Corporation has appointed Helen Dean chief executive officer.Dean (pictured) is currently executive director, product and marketing at Nest.She will take up her new position this autumn, succeeding existing Nest chief executive, Tim Jones.Otto Thoresen, chair of the National Emp[loyment Savings Trust (Nest), said: “It’s fantastic news that we have ...
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Article
HFM Columbus acquires Christchurch Benefits
Wealth management firm HFM Columbus has acquired Christchurch Benefits, a London-based employee benefits specialist.Under the terms of the acquisition, the existing team at Christchurch will remain in place.Jeremy Hoyland (pictured), chief executive officer of HFM Columbus, said: “For us, this has been a great opportunity not only to add £750,000 ...
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ArticleKantar adds holiday trading to flex
EXCLUSIVE: Kantar has added holiday trading, enabling staff to buy and/or sell holiday in 15-minute slots, to its flexible benefits scheme.This follows its move to monthly enrolment windows for its 3,124 UK staff.To date, 87% of employees have logged into its flexible benefits website. Kantar has also had 10,606 logins ...
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ArticleIncome drawdown sales up 64%
The number of income drawdown contracts sold by members of the Association of British Insurers (ABI) in the first quarter of this year increased by 64% compared to the corresponding period in 2014, research from ABI has revealed.Its Retirement income statistics Q1 2015 report found that income drawdown contract sales ...
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ArticleIntentions around pension freedoms have not resulted in action
The intentions of pension-aged savers around the pension freedoms have not resulted in them taking these actions after the reforms came into effect, according to research by pensions firm Avacade Future Solutions. Its research, which surveyed 2,003 pension holders aged 55 and over in April 2015, followed by a subsequent ...
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ArticleThe Michelin-star work lunch fit for space
Some employees have their lunch paid for by their employer, but one member of staff will be enjoying Michelin-starred food during his six-month mission to the International Space Station.While some workers may be lucky enough to receive a free lunch at work as an occasional benefit, and most astronauts have ...
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ArticleConfessions of a Benefits Manager: Candid is put at risk
The Higher Beings have been having extra meetings, and not even Big Bad Boss seems to know what it is about. A data room has been set up in the large conference room, but only managers from the top floor have been seen to go in, not even anyone from ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk between 25 June-2 July:1. Court rules on voluntary overtime in holiday pay2. Bring Your Dog to Work Day motivates staff3. IBM granted appeal against pension judgement4. Sky uses film imagery to increase flexible benefits take up5. Towers Watson and Willis Group to ...
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ArticleThe Co-Operative Bank receives living wage accreditation
The Co-Operative Bank has received living wage accreditation.All of the bank’s employees are paid at least £7.85 an hour, rising to £9.15 in London. The living wage, which is significantly higher than the national minimum wage of £6.50 an hour, takes into account the real cost of living in the ...
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ArticleOne million calls to insurers in month after pension freedoms
An announcement published by the Financial Conduct Authority (FCA) yesterday (1 July), states that over one million calls to insurers were made in the first month of the pension freedoms being in place. This represents an 80% increase year-on-year, and a significant rise in activity since the pension reforms came ...
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ArticleGareth Hopkins: Should employers take more responsibility for employees' retirement savings?
There has been a trend for employers to move from trust-based pension arrangements to contract-based pension provision.Group personal pension (GPPs) plans are the go-to arrangement because they offer more flexibility compared with trust-based schemes. For example, an employee can keep contributing to a GPP once they leave their employer. However, ...
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ArticleJustine Tate: Should employers take more responsibility for employees' retirement savings?
Pensions are often seen as being complicated and confusing, resulting in people avoiding having much to do with them.Employers’ input is vital for those who prefer not to engage with pension saving and who would rather not make decisions for themselves. An employer’s active support of a good pension scheme ...
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ArticleBackdated limit on holiday pay claims takes effect
Employees bringing pay claims at employment tribunals from today (1 July) onwards will only be able to claim for unpaid wages for up to two years.The change to unlawful pay reductions was introduced in January to address concerns that rulings in recent holiday pay cases could lead to a high ...
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Article50% find pensions terminology confusing
Almost half (45%) of employees would be willing to save more into a pension if they had a better idea of how they worked, according to research by Capita Employee Benefits.Its third annual Employee insight report, which surveyed 3,001 UK workers, also found that half (50%) of respondents find pensions ...
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Article65% would adapt lifestyle for healthy later life
Just over a third (35%) of office workers do an hour or less of physical exercise a week, according to research by charity Age UK and healthcare provider Bupa.The research, which surveyed more than 2,000 UK adults, also found that 9% do not engage in any form of physical exercise.In ...
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ArticleRos Altmann: Should employers take more responsibility for employees' retirement savings?
After all, pension provision costs are part of the overall remuneration package, so if employers pay more into pensions there will be less left for salaries.Forcing employers to do more is not necessarily what staff need, and employers are already helping with retirement savings as auto-enrolment rolls out to all ...