All Article articles – Page 685
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Johnson Fleming launches auto-enrolment checklist
Johnson Fleming has launched an auto-enrolment checklist for employers.The pensions and benefits consultancy has designed the checklist to help with both initial project planning and as a final check for employers nearing their staging date.The checklist is broken down into six key sections:Project: Looking at the mechanics of how to ...
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Confessions of a benefits manager: A healthy obsession
Indeed, the Higher Beings over there wouldn’t be bothered if it wasn’t for the fact that staff illness costs money. Someone has woken up to the fact that our staff are not the healthiest bunch, and this costs us in terms of medical insurance, not to mention life insurance if ...
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Debbie Lovewell: Positive impact of exercise
Yet, thanks to a gym opening a mere stone’s throw from Employee Benefits’ offices, this has all begun to change.One pleasant surprise has been the positive impact of lunch-time gym sessions on mood, energy levels and afternoon productivity. It certainly ties in with research by HR recruitment firm Ortus, which ...
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TinyPulse enhances staff motivation product
TinyPulse has enhanced its recognition product by adding in the ability for employees to recognise colleagues and to make suggestions to their employer.The product, which was launched in September 2012, was developed by entrepreneur David Niu to help employers keep their finger on the pulse of employee happiness.Its employer clients ...
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Gain tax and legal advice at Employee Benefits Live
In the auto-enrolment drop-in sessions, delegates can seek advice and support from legal experts and industry mentors, while salary sacrifice drop-in sessions will have tax specialists on hand to answer all delegates questions.Careers clinics, meanwhile, offer the opportunity for delegates to gain career advice and find out how to progress ...
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Molson Coors settles pay dispute with staff
Molson Coors has settled a long-running pay dispute with employees at its brewery in Burton-on-Trent.The dispute centred on pay and conditions, as well as proposed new shift patterns for the 455 employees. In May 2013, employees voted in favour of strike action by a margin of 97%.The new deal includes:A ...
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FTSE 100 pension deficits at £43bn
Pension deficits in the FTSE 100 stood at £43 billion at 30 June 2013, compared to £42 billion in 2012, according to research by financial and actuarial consultancy Lane Peacock and Clark (LCP).Its 20th annual Accounting for pensions report provides an analysis of FTSE 100 defined benefit (DB) pension schemes ...
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Raffaela Goodby: How should HR be more involved in high pay decisions?
For me, stories like this are not helpful in morale and employee engagement terms because they tend to present an unbalanced view. Looking to David Cameron rather than to counterparts in the private sector lacks a sense of the whole story of senior pay in local government and creates misunderstanding ...
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Kier Group appoints Mark Bradshaw
His previous roles in the industry include: director of reward and recognition at Tata Steel Europe; HR director, reward and engagement at Amey; UK pensions and benefits manager at National Grid; and pensions administration and projects manager at Siemens.In 2012, Bradshaw was chosen as one of Employee Benefits’ Hot 100 ...
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Jenny Davidson sets up reward consultancy
The consultancy will work on pension and reward projects, including auto-enrolment, the redesign of incentive plans and review of global benefits.Previously, Davidson had been director of compensation and benefits, Europe, Middle East and Africa (EMEA), at CSC since January 2006.Her other previous roles include: pensions consultant at Alliance Boots; head ...
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First auto-enrollers less likely to wait for staging date
The first organisations to auto-enrol staff were more likely to do so before their staging date than those that have still to do so, according to the Employee Benefits/Capita Pensions Research 2013.The research, which surveyed 370 HR and benefits professionals, found that just over half (53%) of those that have ...
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Royal Mail offers eye screening for staff
Royal Mail has offered an eye-screening programme to employees at its Southampton Mail Centre.The aim of the event, which tested the vision of 500 staff, was to encourage non-desk-based employees to get their eyesight tested and to be referred to a qualified optician for a full eye exam. Some of ...
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Almost half of employers had auto-enrolment opt-out rates below 10%
Of those employers that have auto-enrolled staff into a workplace pension and have calculated their opt-out rate, more than half (56%) found that less than 10% of their staff opted out of their pension plan.No respondents to the Employee Benefits/Capita Pensions Research 2013 had an opt-out rate higher than 29%.However, ...
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Man City FC to launch recognition programme
EXCLUSIVE: Manchester City Football Club is to roll out a recognition scheme in October, which will align with a new framework of values it has developed.The three values, which will be known collectively as City Spirit, are Involving, Game-changing and Driving.The football club’s 380 employees will be able to nominate ...
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DWP publishes final proposals on pension disclosure rules
The Department for Work and Pensions (DWP) has published its final proposals around the disclosure of information for workplace and personal pension schemes.The occupational and personal pension schemes (disclosure of information) regulations 2013 report presents an analysis of the responses to the DWP’s consultation, which was open between February and ...
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Saving for retirement not a priority
Only 10% of respondents said saving for retirement is a priority and just 2% prioritise saving into a pension, according to research by Capita Employee Benefits.The research, which surveyed 3,000 employees through Research Now, found that Britons are prioritising day-to-day living costs (46%), repaying debt (32%), saving for a holiday ...
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Love2reward launches new voluntary benefits product
Love2reward has launched a new voluntary benefits platform that aims to help employees make savings on everyday expenses.The scheme, Everyday Benefits, was developed after the provider researched what employers and their employees were looking for in a voluntary benefits package.Its findings highlighted discounts on supermarket shopping, meals out and high-street ...
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Gold, always believe in your weight-loss goals
Something for the weekend…Dust off those Spandau Ballet vinyls, plunder Fort Knox and pull out those gold fillings, because the precious metal may help to fight obesity.At least, that is, according to a new health scheme that has been launched in the oil-rich emirate of Dubai.The Your weight in gold ...
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Top ten most read stories this week
HSBC implements new all-employee benefits strategyRoyal Mail privatisation is landmark for employee ownershipEmployers must take care on pay promisesJP Morgan increases mortgage adviceReward’s role in building trustChurch of England to investigate pension fundLeasePlan updates company car tax guideDuncan Brown: Engagement through reward: impossible or essentialSSE receives 3,000 requests for salary ...
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DOD’s blog: how auto-enrolment strategies are shaping up
This week Employee Benefits published a major piece of research into what employers have done with their auto-enrolment strategies to date.The Employee Benefits/Capita Pensions Research 2013 drew responses from 370 employers, 31% of which have gone through auto-enrolment.At a point in time when we are beginning to see pension suppliers ...