All Article articles – Page 555
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ArticleEmployee Benefits 2015 Fleet research closes today
The Employee Benefits/Alphabet Fleet research 2015 closes today, so it is the last chance to have your say.What is new in staff travel policies? And how does your organisation offer car benefits for employees? Why not tell us in this research, which is designed to help you benchmark your organisation’s ...
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ArticleOver 1,500 staff rehabilitated back to work in 2014
Some 1,529 employees were helped to return to work with some form of support from an insurer in 2014 before they were away from work long enough to make a claim on group risk policies, according to research by Group Risk Development (Grid).It also found that £1.26 billion worth of ...
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ArticleBT awards 1,000 staff under long-term incentive plan
BT Group has awarded more than 1,000 employees under a long-term incentive plan. The telecoms group paid out around 16.7 million worth of shares at £4.69 each, which took the payout across eligible staff to around £78 million.The awards were given based on performance over a three-year period from 2012, ...
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ArticleBarclays C&ES business under review
Barclays is carrying out an internal review of its employee benefits consultancy business Barclays Corporate and Employer Solutions.The bank launched the benefits arm in 2011 and will continue to service its existing employer clients, which will see no change as a result of the review.No date has currently been set ...
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ArticleEmployee Benefits wins industry accolade
Employee Benefits has been named Pensions and Benefits Publication of the Year at the 2015 Towers Watson Media Awards.The annual awards, now in its tenth year, recognised Employee Benefits’ excellence in business journalism in the areas of HR, pensions, benefits and institutional investment.More than 1,000 votes were received for the ...
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ArticleDanwood promotes Roberts
Printing services business Danwood has promoted Jennifer Roberts to compensation and benefits manager and HR business partner, from compensation and benefits manager.The new addition to Roberts’ title means she is now also responsible for Danwood’s overall HR strategy to support the aims of the entire organisation.Roberts previously worked as an ...
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ArticleDonaldson moves up at E.On
Ant Donaldson has moved to the role of global product expert, benefits, from reward and benefits manager at energy organisation E.On.He is now responsible for employee benefits across E.On globally.Previously, Donaldson was senior specialist, employee benefits, and operations manager, home energy services and home installation, at E.On. He has worked ...
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ArticleEmployee mental health needs to be top of the agenda
One in four people in the UK will experience a mental health problem each year, with depression affecting around three in every 100 people and anxiety approximately five in every 100 people.This means that, at any one time, most employers will have members of their workforce suffering from mental ill-health ...
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ArticleBuyers' guide to private medical insurance
The facts:What is private medical insurance (PMI)?PMI is a health insurance that covers employees for the treatment of curable, short-term medical conditions or accidents. Cover can include consultations, diagnostic tests and in-patient and outpatient procedures.What are its origins?The roots of PMI can be traced back to the late 19th century, ...
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ArticleNomura and Yorkshire Water shortlisted for health benefits
Age UK, Nomura and Yorkshire Water are among the employers that have been shortlisted for the award ‘Best healthcare and wellbeing benefits – large employer’ at the Employee Benefits Awards 2015.The award, sponsored by Simplyhealth, showcases employers that have put in place a strategy that helps promote health and wellbeing ...
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ArticleUK's least healthy employees based in the North East
The North East of England has the UK’s least healthy workforce, with 31% at risk of developing health problems, according to research by VitalityHealth.Its Britain’s healthiest company report, which surveyed 23,376 employees across 82 UK organisations, also found that London had the healthiest employees, with less than a quarter (24%) ...
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ArticleTribunal to reconsider if redundancy near pensionable age is allowed
The Employment Appeals Tribunal (EAT) has sent a case back to a tribunal for a re-hearing to consider whether redundancy dismissal, where the timing meant an employer avoided significant pension costs, could amount to age discrimination. In the case of Sturmey v Weymouth and Portland Borough Council, it is being ...
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ArticleCaroline Legg: How can employers predict employees’ likely behaviour around pension flexibilities?
As ever, over time, reality kicks in, and a number of factors make it difficult to predict how employees are likely to behave around the new pension flexibilities.In the DC space, surveys indicate that a number of people will look to cash out their benefits for valid reasons, for example ...
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ArticleTowers Watson acquires Saville Consulting
Towers Watson has acquired international psychometric assessment business Saville Consulting for £42 million.It made the acquisition to help strengthen its position in the HR software provider market.Saville Consulting will operate its business as usual for the foreseeable future to preserve continuity of client teams and services..Julie Gebauer, global leader for ...
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ArticleHayman Group improves DB pensions administration
Hayman Group has improved its defined benefit pension (DB) scheme administration to help the firm adapt to funding changes. The distiller’s Hayman Limited Retirement Benefits Scheme will implement new technology, provided by pensions actuarial firm Spence and Partners, to use live administration data to calculate actuarial results to help develop ...
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ArticleJohn Chilman: How can employers predict employees’ likely behaviour around pension flexibilities?
What are employees likely to do? A key factor will be the value of the pension benefit they have.If the pension, whether defined benefit (DB) or defined contribution (DC), is likely to provide enough income replacement for employees to continue their pre-retirement lifestyle ‘adequately pensioned’, then many may take this ...
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ArticleBurberry and GSK extend living wage
Burberry and GlaxoSmithKline (GSK) have extended their commitment to pay the living wage to include their sub-contracted and third-party workforces at sites across the UK.They had previously committed to pay the livign wage to all directly employed staff.In addition, painting and decorating firm A Connolly has been accredited as a ...
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ArticleAsda and Unilever shortlisted for share plans
Asda, Royail Mail and Unilever are among the employers that have been shortlisted for the award ‘Best employee share scheme’ at the Employee Benefits Awards 2015.This award recognises employers that have implemented a successful strategy that has made HM Revenue and Customs-approved all-employee share schemes an effective benefit in their ...
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Article13 Big Question - Nadeen Jackson-Barker: Should benefits professionals get to know their staff?
Understanding the make-up of your employees and their professional and personal goals can only be the right thing to do, can’t it?As I see it, getting to know employees shouldn’t be viewed as paternalistic, but as a genuine desire to build a long-standing and sustainable culture of trust, whereby staff ...
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Workplace savings in numbers
50% of the UK female population is now saving adequately for retirement, representing a 10 percentage point rise year on year (Scottish Widows Women and retirement report, November 20143 December 2014: The date when individual savings account (Isa) tax advantages were extended to partners from April 2015, as announced in ...