All Article articles – Page 574
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ArticleLast chance to enter Employee Benefits Awards 2015
Today (12 January) is your last chance to enter the Employee Benefits Awards 2015.If you have not entered already, make sure you don’t miss out. Visit the Employee Benefits Awards website for: information on how to enter; entry forms; and category details. The awards comprise 23 categories, allowing benefits professionals ...
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Article22% of cancer patients feel pressured to return to work
Just under a quarter (22%), of cancer patients felt pressured to return to work straight after finishing treatment, although only 6% said they were under pressure from their employer or colleagues to do so, according to research by Bupa.Its research, which surveyed 205 adults who have completed treatment for cancer ...
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ArticleMicrosoft to close Employee Benefits Connect 2015
In his session, Coplin will explore how the rapidly rising volume of information is affecting all aspects of our lives, the problems we face, the mistakes and assumptions we make and how we should be using technology to reimagine how we live, work and do business.The keynote address, titled ‘The ...
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Tesco closes DB pension and introduces new flex package
Tesco has confirmed plans to close its defined benefit (DB) pension scheme and to introduce a flexible benefits package for store workers to help the employer reduce annual costs of up to £250 million.The supermarket announced in a trading statement to the London Stock Exchange yesterday that it is going ...
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ArticleUber extends reward programme to UK employees
Cab firm Uber has launched a driver reward programme in the UK following its successful launch in the US in 2014. The firm’s drivers could receive more than £900 worth of benefits every year through the discount scheme-based programme, Momentum, in which they are automatically enrolled after their first 250 ...
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ArticleNew Year's resolutions for benefits professionals
Something for the weekend…New Year, new me might be a modern cliché but with the first week of January coming to a close there could be some food for thought for benefits professionals over what they might do with their New Year’s resolutions.One obvious resolution to keep the workplace happy ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 1-8 January 2015:1. DWP publishes Fit for Work guidance 2. City Link staff face non-payment of December pension 3. Why employers are transforming specialist reward and pensions staff into benefits generalists 4. Benefits market consolidates 5. Pensioners could sell annuities for ...
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ArticleConfessions of a benefits manager: Candid meets the Highest Being
The effect that this news has had on us all is momentous. Reception has been redecorated. Facilities have cleared away all the piles of junk hiding in corners, and suddenly provided the new storage furniture we’ve been requesting for years. They have even bought a fancy new capsule coffee machine ...
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ArticleABP Food Group cuts costs by revamping HR and pay systems
ABP Food Group has achieved annual cost savings of £150,000 by centralising its HR and payroll processes as part of its compliance with pensions auto-enrolment.The beef processing firm implemented a new system, provided by Advanced Business Solutions.ABP’s previous infrastructure was no longer suitable because all of its 16 sites used ...
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ArticleVolvo introduces driver eyecare vouchers
Volvo Car UK has introduced eycare e-vouchers for employees who drive at work. The car manfacturer started offering the e-vouchers, provided by Specsavers Eyecare, in November 2014. Employees who use the e-voucher, which covers the cost of a full eye examination, can print it out or present it on a ...
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Article??Germany catches up with the UK on executive pay
German companies are catching up with those in the UK when it comes to executive pay levels, according to an annual study by Vlerick Business School’s Executive Remuneration Research Centre.Its report, which surveyed 512 companies in the UK, Germany, The Netherlands, France and Belgium, found that among those with assets ...
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ArticleKey tax and legislative changes that took place in December
The government announced plans to simplify pensions auto-enrolment to ease the burden on employers. The Department for Work and Pensions’ consultation, Technical changes to automatic-enrolment: consultation on draft regulations, set out changes to legislation that include the introduction of an alternative quality requirement for defined benefit (DB) pension schemes.An Employment ...
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ArticleKey points from the 2014 Autumn Statement
The Chancellor said the government had accepted 51 of 58 recommendations made by the Office of Tax Simplification (OTS) that were aimed at making the taxation of employee benefits and expenses more straightforward. This will help to reduce the administrative burden on employers, saving an estimated £20 million a year ...
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ArticleEmployee Benefits Awards entry deadline approaches
The Employee Benefits Awards 2015 entry deadline is just six days away on Monday 12 January, so be sure to submit your entry as soon as possible.Any entries received beyond this date will not be accepted.The awards offer 23 categories for benefits professionals to showcase, and gain recognition for, the ...
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ArticleJLT Ireland acquires Liberty Asset Management
Jardine Lloyd Thompson Ireland Holdings (JLT Ireland) has acquired Liberty Asset Management Limited from Friends First Life Assurance Group. JLT provides insurance, employee benefits advice and brokerage, while Liberty advises organisations and trustee boards on employee benefit arrangements and individuals on wealth management.The acquisition is expected to create a strong ...
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ArticleDWP publishes Fit for Work guidance
Guidance for employers participating in the government’s Fit for Work scheme clarifies the tax exemption available on the cost of medical care for employees who are off sick.Fit for work, guidance for employers, published by the Department for Work and Pensions (DWP) on 2 January, confirms that the tax exemption ...
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ArticleDebbie Lovewell-Tuck: Wider skillsets needed by benefits professionals
As a result, over the past few years, many of us will have seen our jobs change, and in many cases expand, to support the evolution of our employer.For some benefits professionals, this will have involved taking on an internationally focused role for the first time. For others, it will ...
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ArticlePensioners could sell annuities for cash
Retired people could be allowed to sell their pensions for cash under plans that have been proposed by pensions minister Steve Webb.According to a statement from the Liberal Democrats, Webb’s proposals, which could benefit around five million people, would allow pensioners to sell annuities for cash to organisations such as ...
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ArticleBenefits market consolidates
According to Aviva chairman John McFarlane, the deal will consolidate the organisation’s market-leading position in the UK and allow a much stronger dividend flow and balance sheet position than would have been possible otherwise. Also in December, Sodexo acquired incentive and recognition provider Motivcom, which owns brands including P&MM Employee ...
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ArticleTalkTalk implements total reward statements
EXCLUSIVE: TalkTalk has implemented total reward statements for employees to use on the go.The move, which is part of the launch of a new HR system, Workday, for the employer’s 2,200 employees towards the back end of 2014, allows staff to view their total remuneration package that includes: pay, allowances, ...