All Article articles – Page 617
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ArticleCapital One named UK’s best large workplace
Capital One has been named the UK’s best large employer in the Great Place to Work Institute’s ‘UK’s Best Workplaces 2014’ awards.It is the second year running that the credit card organisation has won the award, which is based on an assessment of organisations’ workplace culture, employee engagement and management ...
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ArticleAuto-enrolment is good value for older workers
The vast majority (95%) of older workers are likely to receive good value on their pension contributions if they stay in a workplace pension scheme after being auto-enrolled, according to a report by the Pensions Policy Institute (PPI).The benefits of automatic-enrolment and workplace pensions for older workers, which was funded ...
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ArticleDe Montfort University to launch computer and mobile phone schemes
De Montfort University is to launch salary sacrifice computer and mobile phone schemes to improve employee’s access to technology and help to create a healthy work-life balance.The schemes will be part of the university’s voluntary benefits scheme, which was introduced in 2013 with provider P&MM Employee Benefits.Almost 600 employees have ...
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ArticleEmployers’ international benefits provision remains steady
More than a third (37%) of respondents offer benefits to employees based outside the UK, according to The Benefits Research 2014, which surveyed 256 respondents in March 2014.Of this group, 13% offer benefits to local employees only, but manage their benefits strategy centrally; 12% provide perks for both local staff ...
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Article
Employee Benefits Summit 2014 was a great success
The Summit brought together 50 benefits and reward directors to network and discuss the future of the industry with consultants, suppliers and leading industry commentators.The event, now in its ninth year, gave delegates a chance to explore the future of the benefits market. It also helped to facilitate relationships between ...
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ArticleAsos and M&S shortlisted for flexible benefits
Asos and Marks and Spencer are among the employers that have been shortlisted for the award ‘Best flexible benefits plan’ at the Employee Benefits Awards 2014.This award recognises employers that have implemented a successful strategy that has made delivering perks through a flexible benefits plan effective in the organisation.The full ...
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ArticleSainsbury's staff to share £80m bonus pot
Nearly 140,000 Sainsbury’s employees are to share an annual bonus pot of £80 million. The annual pot brings the total amount paid in bonuses up to £370 million over the past five years.Justin King, chief executive of Sainsbury’s, said: “Sainsbury’s is rewarding the hard work of our employees this year ...
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ArticleMisys appoints Anne Teggart
She previously spent nearly four years at Sapient, most recently as European compensation and benefits lead.Teggart’s other previous roles in the industry include manager, international compensation and benefits at Sony Pictures Entertainment, compensation and benefits analyst at the BBC, and HR co-ordinator at Vue Entertainment.
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ArticleShire Pharmaceutical promotes Jane Fenwick
She had been interim head of global benefits since July 2013.Before that, she was associate director, total rewards at the pharmaceutical organisation.Fenwick’s other roles in the industry include international reward manager at Marks and Spencer, reward manager for Europe, Asia and the US at Cable and Wireless, compensation consultant at ...
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ArticleWolseley UK appoints Christina Jones
Since January 2010, she has worked in a range of roles at Pepsico, most recently as compensation and benefits officer.Jones’ other previous roles in the industry include HR administrator and training administrator at Walkers Snack Foods.
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ArticleLloyds Banking Group supports staff volunteering
More than 5,000 employees from Lloyds Banking Group are to volunteer in their local communities on 16 May as part of Business in the Community’s (BITC) annual Give and Gain Day.Give and Gain Day is an annual event run by BITC and is the UK’s only national day of employee ...
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ArticleBoots scraps annual staff bonuses for 2014
Boots has scrapped staff bonuses for 2014 because the business did not reach its financial targets in 2013.It will impact all employees, including the pharmacy chain’s managing directors and senior management.However, tens of thousands of employees will receive a one-off bonus payment later in May, which is reflective of current ...
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ArticleHR systems most popular technology used to deliver benefits
HR systems are the most popular form of technology used to deliver benefits, according to The Benefits Research 2014, which surveyed 256 respondents in March 2014.HR systems are being used by 31% of respondents, followed closely by flexible benefits platforms, used by 30% of respondents, and voluntary benefits platforms, used ...
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ArticleJelf Employee Benefits appoints Nick Allen
Jelf Employee Benefits has appointed Nick Allen (pictured) head of pensions consultancy and workplace savings.Allen joins from The Oval Group, where he was the head of workplace benefits.He also spent 18 years at Mercer in a range of roles, including senior associate.Alan Millward, managing director, financial services at Jelf Employee ...
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ArticleThe latest dental perk?
Something for the weekend…Most of us dream of having a Hollywood smile, but workplace dental care is as close as it comes to getting cost-effective help to produce it for most people….until now.A new toothpaste might just be the ticket that employees need to create the perfect smile. The Regenerate ...
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ArticleDebbie Lovewell-Tuck: Should CEOs share bonuses with staff?
This month, about 19,400 of the retailer’s staff who have worked for the organisation for at least three years will receive a one-off bonus worth an average of 1.5% of salary after Wolfson announced his intention to share his £4 million payout from a share-matching plan with employees.This is not ...
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Article
Confessions of a benefits manager: Candid rues poor technology
Let me tell you what is wrong with it. The battery no longer holds a charge for more than 30 seconds, so, in a meeting room, I have to sit wherever my power cable will reach, even if that is in a corner on my own. My laptop, a computing ...
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ArticleReward may never be the same again says Purnell of Tesco
The recession, consumer trends and workforce demographics are the three key factors that will impact reward and benefits in the coming years, according to Sarah Purnell (pictured), head of UK reward and benefits at Tesco.Speaking on ‘The outlook for reward and benefits as the economy improves’ at the Employee Benefits ...
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ArticleRecruitment and retention remains top reason for offering benefits
Benefits’ use as effective recruitment and retention tools remain the top reasons why employers offer benefits for the 10th consecutive year.In 2004, when the inaugural Benefits Research was published, two-thirds (66%) of respondents said benefits were an effective recruitment tool, while 64% said they helped to support staff retention.This year, ...
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ArticleState pension reforms receive royal assent
The Pensions Bill 2013-14, which includes reforms to the state pension, received Royal Assent on 14 May.The reforms, which were first announced in the 2012 Autumn Statement, aim to create a simple flat-rate pension, the full level of which will be set above the basic means test, currently at £148.35.The ...