All Article articles – Page 654
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DOD’s blog: What is going to happen to childcare vouchers in 2015
An interesting survey caught my eye this week.It was the one conducted by Jelf Employee Benefits on how employers intend to react to the change in legislation on employer-provided childcare vouchers (just 2% said they would scrap childcare vouchers as a result).The sample of respondents is rather small (just 132 ...
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Only 2% intend to scrap childcare vouchers
Only 2% of respondents intend to remove their existing childcare voucher offering prior to the introduction of the government’s proposed new scheme in 2015, according to research by Jelf Employee Benefits.Its research, which surveyed 132 employers, found that 75% of respondents would consider retaining their existing childcare voucher scheme post-2015.In ...
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Travis Perkins staff to share £17m sharesave payout
More than 7,000 Travis Perkins employees are to share nearly £17 million following the maturity of a five-year sharesave scheme on 1 December.This could amount to profits of £50,000 per employee.The home improvement organisation’s share price has risen by 50% over the past 12 months, to 1,757p on 10 December.The ...
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B&Q staff to share £15m share plan payout
More than 14,000 B&Q and Screwfix employees are to share a £15 million payout following the maturity of parent company Kingfisher Group’s three-year and five-year sharesave schemes.Based on the closing share price of 375.9p on 29 November 2013, this equates to an average gain of £6,867 per person.The majority of ...
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Group risk industry paid £1.2bn in claims in 2012
A total of £1.2 billion was paid out by the group risk industry during 2012, according to research by industry body Group Risk Development (Grid).Its research compiled claims statistics to reveal the breakdown of benefits paid out by products, such as group life assurance, group income protection and group critical ...
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Article650,000 UK staff off sick each week
Nearly 650,000 UK employees phone in sick every week, according to research by the British Heart Foundation (BHF).Its research, which analysed figures from the BHF’s Health at Work programme, found that the public administration and defence sector, which includes many public sector jobs, has the highest absence levels, with approximately ...
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Employee Benefits award win increases staff engagement
Amber Garner, benefits team leader at Home Retail Group, answers questions about what it means to win an Employee Benefits’ award.Home Retail Group won ‘Best employee share scheme’ at the Employee Benefits Awards 2013.What has winning an Employee Benefits’ award meant to you and to your team?We are passionate about ...
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CIPP launches auto-enrolment self-assessment exercise
The Chartered Institute of Payroll Professionals (CIPP) has launched an online self-assessment exercise that employers can use to check their readiness for auto-enrolment.The answers received through the exercise will form the basis of advice, guidance and support the employers will subsequently receive, in line with their specific levels of readiness. ...
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DOD's blog: painting a picture of pension charges
The government consultation on pensions charges closed yesterday. The big pensions beasts were out in force to put their views across, and sometimes cross swords – through both new and old media, as well as at industry events and meetings.Most weighed in to say the cap is either a bad ...
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A wigged out healthcare benefit
Something for the weekend…Could this be the next healthcare benefit to hit the market?Technology giant, Sony, has filed a patent for a so-called SmartWig, which would include ultrasound sensors, a camera and a laser pointer.It would not necessarily be worn to replace hair, but as a sort of mobile computer ...
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Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 21-28 November:1. Abercrombie staff entitled to guarantee payments2. Review of the 2013 benefits landscape3. London Luton Airport halves healthcare costs4. H&M pledges to pay factory workers a living wage 5. Helena Davies: Employer duties surrounding disability and sickness absence 6. How ...
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Burberry and BT win share plan awards
BT Group, Burberry and Rio Tinto are among the winners of the IFS Proshare Awards.The awards recognise employers’ contributions to the employee share ownership industry. BT Group won the ‘Most effective use of technology’ award, as well as the award for ‘Best overall performance in fostering employee share ownership, for ...
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GFK Group to launch global HR tool
Market research organisation, GFK Group, is to launch a global online HR, compensation and performance management tool.The product, TalentReward, which is provided by Towers Watson, includes a range of HR services designed to help employers with their performance management process, pay and career planning.GFK Group will launch the product in ...
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Havas People launches reward brand
EXCLUSIVE: Havas People has launched a brand called Many Thanks, which offers a range of options for employers to reward and recognise their employees.The options include gift cards, vouchers and e-codes from a range of well-known retailers, including Love2Shop, Marks and Spencer, iTunes and Debenhams.Employers can also choose from a ...
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UK staff and managers have happiest relationship in Europe
Three-quarters (75%) of UK respondents are happy with the relationship they have with their managers, according to research by Edenred.Its annual Edenred-Ipsos barometer survey, which questioned 7,200 European employees including 800 UK workers, found that the UK had the highest level of satisfaction across all respondents. However, the UK has ...
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Minority of employers tackle workplace stress
Research published by charity Mind in October found that 36% of the employees surveyed believe looking after workers’ mental wellbeing should be an organisational priority, but only 20% feel their employer takes active steps to help them manage stress.Emma Mamo, policy and campaigns manager at Mind, said: “We have been ...
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Employee Benefits Awards 2014 to focus on DC pensions
Two categories at the Employee Benefits Awards 2014 highlight the great work UK employers are doing in this regard.‘Best DC pension default investments’, a category introduced in 2013, recognises an employer that makes a concerted effort to offer an appropriate, effective default investment strategy for its DC pension scheme. The ...
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Midcounties Co-operative staff share £1.5m
The Midcounties Co-operative has paid out £1.5 million to its employees and member following a surge in trading. The profit share, which is for transactions made between 27 January and 26 July 2013, comes after the retail organisation announced that trading was up by £1.6 million to £11.8 million for ...
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Employee Benefits Awards fuel ideas
Simon Andrew, head of communications at Benefex, explains what it means to be recognised with an Employee Benefits award.The consultancy won ‘Best benefits communications – smaller employer’ at the Employee Benefits Awards 2013. What has winning an Employee Benefits’ award meant to you?What has winning an Employee Benefits award meant ...
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Network Rail launches eyecare scheme
Network Rail has introduced an eyecare scheme for its 35,000 employees.The employer is providing Premium Club vouchers, provided by Specsavers Corporate Eyecare, which offer discounts on glasses for staff and two members of their family.This is alongside eye examinations and glasses for employees to meet the legal obligations of health ...