All Article articles – Page 624
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Article
Industry experts to run thought-leadership workshops at Employee Benefits Summit
The sessions facilitate professional networking, exchanging of expertise and the chance to learn new techniques and strategies for delegates to take back to their organisations.Throughout the event, delegates will be divided into different groups for each workshop to maximise networking opportunities.Discussions will cover a wide range of reward and benefits ...
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ArticleCo-op Bank to review directors' remuneration
The Co-operative Bank is developing a new directors’ remuneration policy, which is aimed at aligning the interests of its executive directors with the interests of its shareholders.In its Annual report and accounts 2013 the bank stated that, while the new remuneration policy is being developed, the remuneration committee will not ...
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Article84% monitor the cost of flexible benefits
This is based on 132 respondents, which excludes those that do not know if their organisations track their flex plan costs and those that have not yet launched a plan. Of this group, 16% of employers do not track the cost of their scheme. Read more of the Employee Benefits/Towers ...
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ArticleFrench firms ban work emails after 6pm
Something for the weekend…Most of us will be familiar with the scenario: You’re finally winding down after a busy day at work when your mobile beeps with a new email… and it is from the boss.First thoughts? You have to reply. With the rise of digital devices, it can seem ...
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ArticleDanone and UKTV shortlisted for motivational benefits
Danone and UKTV are among the employers that have been shortlisted for the award ‘Most motivational benefits’ at the Employee Benefits Awards 2014.This award recognises employers that have put in place a successful motivation strategy that uses either incentives or motivational rewards to help drive employee performance, engagement or retention.The ...
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Article
Tesco and RBS to speak at Employee Benefits Summit
Wendy Cartwright, former HR director of the Olympic Delivery Authority, will lead a session entitled ‘Are organisations finally championing health and wellbeing in their business?’Sarah Purnell, head of UK reward and benefits at Tesco, will discuss ‘The outlook for reward and benefits as the economy improves’.Martin Flavell, HR director at ...
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ArticleDiane Lightfoot: How will the auto-enrolment 'capacity crunch' affect medium to large employers?
With a large number of small and medium-sized employers due to go through the same process, organisations can get the expert support they need to avoid the ‘capacity crunch’.Employers should carefully plan well in advance. It made a huge impact on the success of our project. This included assessing the ...
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Article72% offer whole workforce same flex plan
The proportion of employers that give their entire workforce access to flex, but offer different plans to different groups of employees, is just 22%, highlighting employers’ declining interest in seniority-based employee benefits.Just 4% of employers now offer their management, senior staff and top-grade employees exclusive access to flex, and 2% ...
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Article
Barclays and LV= awarded for payroll giving
Barclays, HostelBookers, LV= and Shoosmiths are among the employers that have been recognised for the success of their payroll-giving scheme.The Pennies from Heaven Awards are presented annually to celebrate employers’ best practice and achievement in the running of their scheme.Winners of its Gold award have more than 20% of staff ...
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ArticleDuncan Brown: Reward communications: are you listening?
Reward communication is hard: trying to get some highly technical, mathematical and financial information across to busy employees that show little general interest most of the time. Until things go wrong. And things do seem to be going wrong at the moment.We are just getting ready to publish two of ...
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ArticleCourt rules IBM breached employer duties in pensions restructure
The High Court has ruled that technology organisation IBM has breached its duties to members of its UK pension schemes in the way in which it implemented a restructuring of their pension arrangements.The ruling, in the case IBM vs Dagleish, is of particular interest to employers that are, or have ...
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ArticleWeetabix consults with staff on pay
Weetabix is in consultation with employees to determine what steps to take around pay cuts and working hours in an effort to bring down costs.The cereal company, which also owns Alpen, Ready Brek and Weetos, is currently in consultation with its 2,000 employees.A spokesperson from Weetabix confirmed that a consultation ...
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Article28% used flex plan to manage auto-enrolment
However, nearly half of employers that offer flexible benefits did not use their flex plan to manage the implementation of auto-enrolment.Of those that still need to auto-enrol staff, 22% plan to manage the process separately from their flexible benefits plan.Read more of the Employee Benefits Flexible benefits research 2014
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ArticleHewlett Packard and KPMG staff offered bike repair service
Hewlett Packard, KPMG and Wrigley employees will have access to a bike maintenance service in the workplace.The service is available through a partnership between global property organisation Goodman Group and online bike retailer Wiggle.It is aimed at encouraging more than 10,000 employees who work at 120 organisations across Goodman Group’s ...
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ArticleTax and legal changes to employee benefits take effect
A number of changes affecting employee benefits came into effect on 6 April.These include:The savings limit for sharesave schemes has doubled from £250 to £500 a month, and the maximum value of shares that an employee can acquire with tax advantages through share incentive plans has risen to £1,800 a ...
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ArticleDebi O'Donovan: Tax breaks still drive benefits behaviour
Tax breaks drive behaviour in our world. Although there is plenty of information out there about these benefits, trying to draw them together takes some legwork (or fingerwork on online search engines). Hopefully, our special report on tax-efficient benefits will give you the pointers you need.As we go to press, ...
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ArticleNeil McCawley finds value in mentoring
His career started at Barclays Bank, where he spent 21 years in various roles, starting in branch banking and ending up as an HR project manager working on reward- and non-reward-related projects.Outside benefits and reward, McCawley has been involved in the National Mentoring Consortium, which presented Wolseley UK with its ...
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ArticleMazars to launch voluntary benefits scheme for employees
EXCLUSIVE: Mazars Employee Benefits is to launch an employee discounts scheme for its 1,400 UK employees.Employees will have access to the online voluntary benefits portal, MyDiscounts, which will include discounts at retailers and beauticians, and on items such as gym membership and healthcare.The scheme’s launch will complement the organisation’s flexible ...
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ArticleDOD’s blog: Do benefits offerings fit with core values?
Last week, I had the privilege of running our first Employee Benefits Connect event in New York.As I listened to the fabulous line up of speakers from leading US companies, it struck me how many mentioned the need to link benefits strategies with their company’s core values.While this isn’t an ...
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ArticleNepalese PM shuns perks of the job
Something for the weekend…Few employees would return the benefits given to them by their employer.However, this is not case for Nepal’s 75-year-old prime minister, Sushil Koirala (pictured) who does not appear to need any motivational perks when leading his country.Last month, he gave back $650 he had received as an ...