All Article articles – Page 581
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Article45% able to provide pension flexibility
Less than half (45%) of respondents believe that they have the resources and systems in place to provide pensions flexibility once changes announced in this year’s Budget come into force, according to research by Wealth at Work.Its report, Do your employees need to rethink retirement? which surveyed 105 HR, reward ...
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Article53% of over 40s unsure of guidance guarantee eligibility
More than half (53%) of respondents over the age of 40 do not know if they are eligible for the guidance guarantee, according to research by retirement provider Partnership. Its research, which surveyed more than 2,000 people aged over 40, also found that 18% of respondents said they were not ...
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Article40% undecided on retirement strategies post April 2015
More than 40% of respondents do not yet know what retirement options they will offer to pension scheme members when new flexibilities around retirement income come into effect from April 2015, according to research by JLT Employee Benefits.Its 250 Club survey, which questioned 250 organisations, also found that 65% of ...
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ArticlePowaza joins Seagate
Lesley Powaza has joined Seagate Technology UK as benefits specialist for Europe, Middle East and Africa. She previously worked at Oracle as compensation and benefits analyst and at Progress Software as HR generalist.Powaza also specialises in performance management, employee relations and benefits administration.
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ArticleTravelex appoints Rebecca Riley
Travelex has appointed Rebecca Riley global reward manager.She will be responsible for incentive plans and leading the organisation’s annual compensation processes.Riley worked previously in hospitality, where she started her career at Whitbread as reward analyst in 2005. Most recenty, she has held a range of roles at Hilton Worldwide covering ...
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ArticleBoost expertise at the Employee Benefits Academy
Reward and benefits managers looking to develop their career or grow their benefits knowledge could benefit fromthe Employee Benefits Academy’s courses for 2015.A joint venture between Employee Benefits magazine and Total Reward Academy, the Employee Benefits Academy provides expert, practical training in benefits and compensation management.The benefits courses for 2015 ...
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ArticleCommuting by trampoline
Something for the weekend…Squeezing onto a cramped Tube train or bus, or sitting in heavy traffic are not the most enjoyable ways to get to or from the office, but soon, commuters may be able to travel to work using the world’s longest urban trampoline.Plans have been unveiled to create ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 20-27 November:1. Lloyds Banking Group staff to receive back pay2. Becton Dickinson personalises financial education3. Caring Homes Group launches voluntary benefits plan4. What does group risk benefits provision of the future look like?5. Deloitte, PWC and Shell to offer enhanced paternity ...
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Article63% say communication is key flex challenge
Just under two-thirds (63%) of respondents say that communicating with staff is a key challenge when implementing effective flexible benefit schemes, according to research by Aon Employee Benefits.Its Aon Benefits and trends survey, which surveyed nearly 500 UK businesses, found that the top three challenges employers experienced when implementing flexible ...
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ArticleTRW completes £2.5bn DB pensions buyout
TRW Automotive has completed a £2.5 billion buyout of part of its defined benefit (DB) pension scheme. The buyout, for which consultancy Mercer was a lead adviser, changed the scheme from a £3.5 billion plan to a £1 billion plan over the course of a year.The transaction, which covers 22,000 ...
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Article35% say benefits increase loyalty
More than a third (35%) of respondents say the benefits they are offered at work in addition to salary and holiday entitlement have increased their loyalty to their employer, according to research by MetLife Employee Benefits.Its research, which surveyed nearly 1,000 employees, also found that a third (33%) of respondents ...
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ArticleRSA Group promotes Lorna Benton
RSA Group has promoted Lorna Benton to the role of group reward director, which she will undertake in addition to her existing role of head of reward for the UK region.Benton joined RSA’s reward and benefits department in 2010 and after 2011 her role expanded to cover reward, pensions and ...
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ArticleTesco appoints Nik Butcher
Tesco New Food Experiences has appointed Nik Butcher reward manager.Butcher specialises in creating and implementing flexible contracts, benefits plans and reward strategies within the logistics industry.He worked previously for Home Retail Group, British Sugar, Kao Group and Ceva Logistics.
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ArticleSodexo acquires Motivcom
Sodexo has acquired incentive and recognition provider Motivcom, which owns P&MM, AYMTM, Allsave, Filmology and The Voucher Shop.The acquisition will enable Sodexo to offer a more comprehensive and global proposition to employers of all sizes, aiming to provide a strategic relationship and stronger partnerships with its employer clients.Sodexo will now ...
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ArticleSimon Naylor: Has flexible benefits had its day?
There are numerous examples of organisations making use of flex to deliver tactical solutions, such as lower administration costs or to manage benefit complexity.In the Travis Perkins Group, we think flex has the potential to be more, to be part of a broad employee value proposition (EVP).Our own journey started ...
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ArticleAbolition of compulsory annuitisation most beneficial reform
Nearly two-thirds (63%) of respondents believe that the abolition of compulsory annuity purchase will be the most beneficial of the government’s pension reforms for their workforce, according to the Employee Benefits/Close Brothers Pensions research 2014, which surveyed 216 respondents in September 2014.More than half (53%) of respondents believe the incoming ...
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ArticleUniversity of Chichester implements wellbeing programme
The University of Chichester has launched a wellbeing programme for its 650 employees.The university’s Jump programme, which is provided by Green Rewards, is based on a modular system to engage staff and reward for taking positive steps to improve their wellbeing.Those who register will be placed in teams by department ...
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ArticleCaring Homes Group launches voluntary benefits plan
Caring Homes Group’s Deer Park View care home, Teddington.Caring Homes Group has launched a voluntary benefits scheme for more than 5,000 employees.Since the care home operator introduced the scheme, provided by Personal Group, earlier this month, more than 25% of employees have taken it up.The benefits available via the scheme ...
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Article31% have not heard of pension charge cap
Nearly a third (31%) of respondents have not heard of the pensions charge cap that will come into force in April 2015 or have not been informed of this by their provider or adviser, according to research by Close Brothers Asset Management.Its Business barometer survey, which questioned more than 900 ...
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ArticleNHS workers strike over pay
Health workers including midwives, nurses, paramedics, radiographers and cleaners are taking further industrial action over pay.Trade union members will walk out for four hours today (24 November) between 7am and 11am.The strike action is taking place after the government rejected a 1% pay rise recommended by an independent NHS pay ...