All Article articles – Page 622
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ArticleOnline portal is top flex communication method
According to the Employee Benefits/Towers Watson Flexible Benefits Research 2014, the vast majority of respondents (83%) now use an online portal to communicate flex to their employees.In 2013 and 2012, this communication method appeared in third place.Employers are also increasing their use of new media, such as mobile phone apps ...
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ArticlePost Office staff receive 7.3% pay rise
More than 3,000 Post Office employees have received a pay rise of 7.3% after an agreement was reached between the Communication Workers Union (CWU) and the organisation.The pay deal will cover three years, and includes pay rises and one-off lump sums for staff working in the Post Office’s Crown network.The ...
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ArticleNationwide becomes living wage employer
Nationwide Building Society has been accredited as a living wage employer.The organisation will pay all its employees, including contractors and temporary workers, the living wage, which is set at £8.80 in London and £7.65 for the rest of the UK.The building society will also become a principal partner to encourage ...
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ArticleMore employers offer tax-efficient benefits as part of flex
This compares with 12% in 2011, showing an increase in the number of employers using salary sacrifice to structure their flex plans.More than half of respondents (56%) offer a formal flexible benefits scheme, either in the traditional formal sense or via a structured salary sacrifice plan. This is higher than ...
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Article
Dunelm underpaid auto-enrolment pension contributions by £143,000
Dunelm Soft Furnishings underpaid pension contributions due under auto-enrolment by £143,000, according to The Pension Regulator’s (TPR) first automatic-enrolment section 89 report, which highlights key lessons to help employers avoid non-compliance.Dunelm reached its auto-enrolment staging date on 1 April 2013 and was due to complete registration, indicating that it had ...
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ArticleThe Miller Group enhances health and wellbeing benefits
The Miller Group has enhanced a number of its health and wellbeing initiatives after signing up to the government’s public health responsibility deal.Since signing up, the construction organisation has improved: support for employees with chronic health conditions, advice on active travel and the promotion of physical activity in the workplace.It ...
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Article
Big-ticket benefits for SMEs
This article has been supplied by our channel sponsor, PeopleValue.PeopleValue has launched a new initiative to offer its Advantage6 voluntary employee benefits platform to UK SMEs. Advantage6 provides employees with a wide range of benefits including household savings at more than 7,000 retailers and important advice on physical, emotional and ...
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Article1,000 ducklings end pay dispute
Something for the weekend…As strikes loom for teachers and rail workers over pay disputes, one way to avoid such hassle could be to hatch an unusual revenge plot.Unions take note.In China, one disgruntled employee Chiu Xiang sent more than 1,000 ducklings to his former employer, Hung Bin, in a dispute ...
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ArticleDebbie Lovewell-Tuck: Can executive pay damage corporate reputation?
At one of the scale are employees who have announced their intention to either ballot for, or take, strike action in protest over pay deals on the table for them.Meanwhile, at the other end of the scale business secretary Vince Cable issued a warning to FTSE 100-listed employers about the ...
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Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 17-24 April:1. EU workers to enjoy transferable pension rights2. Family-friendly benefits for the school summer holidays 3. Kcom Group relaunches flexible benefits platform 4. Flex most successful in optimising tax and NI savings 5. New reward management book published 6. 86% ...
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ArticleDanone and East Coast shortlisted for engaging benefits
Danone and East Coast Mainline are among the employers that have been shortlisted for the award ‘Most engaging benefits package’ at the Employee Benefits Awards 2014.This award recognises employers that have used benefits within their wider strategy to engage employees within the organisation.The full category shortlist is:Danone (entered by Thomsons ...
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ArticleEmployers increasingly offer more than 20 benefits via flex
The research shows that 10% of employers offer their staff access to more than 20 benefits, which is a steady growth from the 3% of respondents which did so in 2007. The proportion of employers offering between 16 and 20 benefits through their flex plan has also increased, up from ...
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ArticleMale staff win equal pay case against University of Wales
More than 18 male employees have won an equal pay case against the University of Wales Trinity Saint David.The support staff, which includes plumbers and caretakers, took the university to an employment tribunal on the grounds of sexual discrimination after discovering female colleagues on the same pay grade were being ...
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ArticleBarnett Waddingham launches wellbeing modelling tool
Barnett Waddingham has launched a wellbeing data analysis modelling tool to help organisations identify specific health risks among their workforce.The employee benefits and pensions consultancy’s tool, BWell, is aimed at recommending appropriate strategies to develop a wellbeing programme for an employer that is tailored to its workforce’s specific health risks. ...
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ArticleClare Bettelley: Employee engagement drives flexible benefits growth
A large majority of respondents (79%) use staff motivation or engagement to measure the success of their scheme, and 59% use staff retention as a measure. This suggests that the value of flexible benefits in helping to recruit, retain and motivate staff is increasingly important to employers in the war ...
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ArticleInterview with Nick Court, reward and benefits manager at British Sugar
After spending three years working as a forklift truck driver at Tesco, where he was also a trade union representative, an opportunity arose to move into the retail giant’s employee relations and payroll functions.“I came in on a bit of a curve; I worked my way up from the ground,” ...
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ArticleKcom Group relaunches flexible benefits platform
EXCLUSIVE: Kcom Group has launched a new flexible benefits platform as part of its strategy to allow employees to select benefits all year round.Nearly 2,000 employees at the telecommunications organisation have access to the scheme, branded Pick Your Own, which launched on 1 April.Benefits such as childcare vouchers, bikes for ...
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ArticleNew reward management book published
Michael Rose, who heads up specialist consultancy Rewards Consulting, has written a new book on reward management. Reward Management, which is published by Kogan Page, is a practical guide to understanding and implementing effective reward strategies in an organisation.It outlines how benefits practitioners can align their approach to reward management ...
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ArticleNestle and Sainsbury’s shortlisted for total reward
Nestle and Sainsbury’s are among the employers that have been shortlisted for the award ‘Best total reward strategy’ at the Employee Benefits Awards 2014.For this award, the judges were looking for an employer that has successfully integrated its reward offerings into a single ‘total reward’ strategy, which might include pay ...
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ArticleFlex most successful in optimising tax and national insurance savings
This is closely followed by the positive impact of flex on staff engagement, which has continued to rise year on year. In 2012, 41% of respondents said their scheme had been effective in achieving this, rising to 53% in 2013 and 58% in 2014.A further 33% of respondents in 2014 ...