All Article articles – Page 678
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PeopleValue and 25 Consultancy launch Sports4Rewards scheme
This article has been supplied by our channel sponsor, PeopleValue.PeopleValue, a leading provider of loyalty, incentive, reward and recognition and benefit technology, and 25 Consulting have launched a service to help sports clubs retain and win new memberships.The Sports4Rewards service will facilitate club members offsetting the cost of their memberships ...
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The top 10 most visited stories on Employee Benefits this month
Man City FC to launch recognition programmeCalculating the cost of auto-enrolmentRecommendations published on benefits tax rulesHSBC implements new all-employee benefits strategyTPR investigating 89 employers for auto-enrolment non-complianceHolidays wreak havoc among employeesFirst auto-enrollers less likely to wait for staging dateRoyal Mail reduces DB pension liabilitiesLondon Overground launches online voluntary benefits planIn-house ...
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InterContinental Hotels chain completes £440m pension buy-out
InterContinental Hotels has completed a £440-million buy out for the Intercontinental Hotels UK Pension Plan.The deal means that the benefits payable to the defined benefit (DB) pension plan’s 3,000 members, including any missing beneficiaries that emerge in the future, have been insured by Rothesay Life.The move means the plan’s members ...
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Camden and Islington NHS aims for payroll savings
Camden and Islington NHS Foundation Trust has appointed a new payroll and pension services provider, through which it is on track to deliver savings of 55% on the cost of its payroll provision.The trust has awarded Equiniti ICS a five-year contract to provide fully managed services to the organisation’s defined ...
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Mercer acquires benefits data provider in Africa
Mercer has acquired a compensation and benefits survey data and reward information provider.Global Remuneration Solutions (GRS), which is headquartered in South Africa, conducts compensation and benefits surveys in 36 countries across sub-Saharan Africa and provides reward and mobility products and consulting to local and international organisations operating in Africa.Gaurav D. ...
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Sony agrees £4,400 pay settlement for intern
Sony Computing Entertainment has paid out £4,463 to a former intern after he claimed that he should be entitled to the national minimum wage for the work he had undertaken.Chris Jarvis, a video games art and design graduate, interned for Sony Computer Entertainment Group between 17 September and 7 December ...
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TUC lodges agency workers pay complaint
The Trades Union Congress (TUC) has lodged a formal complaint with the European Commission (EC) against the UK government, alleging it has failed to implement the Temporary and Agency Workers Directive properly.Under the UK’s Agency Workers Regulations 2010 (AWR) legislation, agency employees are entitled to the same basic pay as ...
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ArticleEmployers fail to survey pension communication preferences
Just three out of 10 respondents to the Employee Benefits/Capita Pensions Research 2013 ask their staff how they would like to be communicated with.The research, conducted among 370 HR and benefits managers, found that 66% do not ask their employees about their preferred method of communication.Respondents that ask staff about ...
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DB pension scheme deficits improve
The total deficit of UK private sector defined benefit (DB) pension schemes has fallen to £117 billion, according to research by JLT Employee Benefits (JLT EB).The organisation’s monthly index showing the funding position of all UK private sector DB pension schemes under the standard accounting measure (IAS19 / FRS17), found ...
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PeopleValue announces supplier relationship with John Lewis
This article has been supplied by our channel sponsor, PeopleValue.PeopleValue, a leading provider of loyalty, incentive, reward and recognition and benefit technology, and John Lewis, the UK’s largest department store retailer, have agreed a supplier relationship that allows PeopleValue’s reward clients to redeem points against products provided by the retailer.John ...
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GreenSquare chooses Advantage as employee benefits platform
This article has been supplied by our channel sponsor, PeopleValue.Housing group GreenSquare, a major provider of housing, regeneration, care and support and commercial services across Wiltshire, Oxfordshire and Gloucestershire, has contracted PeopleValue’s leading voluntary benefit solution, Advantage, for its employees.GreenSquare’s core business is building, managing and maintaining homes, as well ...
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Flexible Benefits report 2013
Read digital version: Flexible Benefits 2013 report.It includes the following articles:Martha How: What’s next for UK flex?Clare Bettelley: Employers must be realistic about their flex needsFacts and figures on flexible benefits schemesThe impact of social trends on flexible benefits plansShould flexible communications be tailored to different generations?Severn Trent rejuvenates flexible ...
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ArticleNew pension savers will save less
The amount that the average employee is willing to contribute towards their retirement savings through a pension scheme has dropped by almost a quarter (24%) in the last year, according to research by Scottish Widows.The 2013 Scottish Widows Workplace pensions report, which surveyed more than 5,000 employees, found that, among ...
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Westfield Health to rebrand
EXCLUSIVE: Westfield Health is to rebrand to focus on its almost 100-year history, its not-for-profit status and its employer-paid health cash plan proposition.It will reveal the new brand, which includes a new logo and strapline, ‘Harder Working Health Cover’ at Employee Benefits Live on 25 and 26 September at National ...
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Government launches workplace health service
The government has launched a workplace health service, which aims to help small and medium-sized employers (SMEs) manage both physical and mental ill health in the workplace.The free online service, Health for Work Adviceline, was initially trialled in 2011.The launch follows the government’s response into sickness absence in January 2013.The ...
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L’Oréal to launch family support scheme
L’Oréal UK is to launch a family support package for all working parents in the UK on 11 September 2013.The scheme, provided by Parental Choice, is designed to help staff balance their family and working life. It includes:Advice on types of childcare.Tailored childcare searches from nurseries to nannies, maternity nurses ...
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Withers launches financial education scheme
Exclusive: Withers has launched a monthly financial education scheme for its employees.The first With… your future in mind session was held on 5 September 2013, covering eligible employees’ Friends Life group personal pension (GPP) scheme.More than 100 of the law firm’s workers attended the session.The next presentation will cover the ...
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Employers must justify default fund selection
Employers must be able to justify why they selected the default fund for their defined contribution (DC) pension scheme and have processes in place to review it.If they do not, they must question their scheme governance, said Stephen Bowles, a representative of the Defined Contribution Investment Forum (DCIF), during a ...
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NAPF reports on pension default fund trends
Defined contribution (DC) default funds are reviewing and overhauling their design and governance to deliver good retirement outcomes for members, according to a report by the National Association of Pension Funds (NAPF).Its Default fund design and governance in DC pensions report focuses on eight employers, including Bank of America, Heineken ...
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OFT publishes DC pensions market report
The Office of Fair Trading (OFT) has published its report on the defined contribution (DC) workplace pensions market.The report, which was launched in January 2013 to investigate whether the workplace DC pension market was working well for employees, concluded that there are problems with the market that may prevent some ...