All Article articles – Page 711
-
Article
Global payroll practices need improvement
The majority (85%) of multinational organisations surveyed want improvements to their current payroll practices, yet they are sceptical about whether payroll providers can deliver a comprehensive global solution, according to research by Ernst and Young.Its Global payroll: myth or reality research, which surveyed 161 global senior payroll leaders, found that ...
-
Article
McDonald’s sees low pension opt-outs
EXCLUSIVE: McDonald’s Restaurants has seen 2.4% of its hourly-paid employees and 2.7% of its salaried employees that were auto-enrolled on 1 January 2013 opt out of pensions.The fast food retailer has 37,000 UK employees who work directly for the organisation (rather than its franchises). Of this group, 35,000 are hourly-paid ...
-
Article
Simplyhealth launches new PMI plan for SMEs
Simplyhealth has launched a new private medical insurance (PMI) scheme for small and medium-sized enterprises (SMEs).The scheme, Simply Employee Health, will replace its existing PMI schemes, Accessible, Preferential and Sante, from 1 July 2013. Its core cover includes a physiotherapy service, designed to remove the need for GP referral and ...
-
Article
Ladbrokes offers text registration for sharesave
EXCLUSIVE: Ladbrokes has re-launched communications for its latest sharesave scheme, and introduced SMS text message registration for staff.Its three and five-year sharesave schemes, which have been offered to staff since 1983, allow 14,000 eligible employees to save up to £250 per month. Staff have also received a 20% discount on ...
-
Article
Peverel Group promotes total reward
EXCLUSIVE: Peverel Group has launched a series of roadshows and workshops to promote its total reward platform, its flexible benefits scheme and new group personal pension (GPP) plan as it prepares for auto-enrolment.The property management group opened its flexible benefits enrolment window in March 2013, and employees’ benefit choices took ...
-
Article
Government updates share scheme simplification
The government has released further details on its plans to simplify employee share schemes.In December 2012, following recommendations made by the Office of Tax Simplification (OTS), the government announced that it would introduce self-certification of share incentive plans (Sips), save as you earn (also known as sharesave) schemes and company ...
-
Article
Pot-follows-member pension launched for film industry
A pot-follows-member group personal pension (GPP) scheme has been launched for the film industry to comply with auto-enrolment legislation.The Film Industry Pension Scheme, which will be operated in partnership between Helm Godfrey and Scottish Widows, is designed to address a series of industry-specific issues when it comes to pension administration, ...
-
Article
Paperlinx extends mileage management system
Paperlinx has extended its mileage management system across all company car drivers in its UK divisions.The international merchant group first offered the system, provided by Vertivia, in 2011 within just two of its operating organisations for a 150-strong fleet.The organisation decided to roll out the system to the rest of ...
-
Article
Europa outsources fleet management
Europa has outsourced the management of its 350-strong fleet to Fleet Alliance.The building and facilities management group, which employs around 4,000 staff, has around 110 company cars in the UK.It first appointed Fleet Alliance two years ago to source new cars as part of an online fleet management service and ...
-
Article
European pension funds shift out of equities
European pension funds have continued to cut equity allocations, according to research by Mercer.Its European asset allocation survey, which looked at more than 1,200 European pension funds with combined assets of more than €750 billion, found that plans in the UK shifted out of equities over the last 12 months, ...
-
Article
Employees feel pressure to work when unwell
More than two-thirds (70%) of respondents to research by Capita Employee Benefits said it is becoming increasingly common for them to attend work while unwell.The research, which polled 3,000 employees, found that 59% of respondents feel more pressure to go to work while ill than they used to.Despite this, 78% ...
-
Article
Pension schemes not meeting principles of DC governance
More than three-quarters (76%) of pension schemes surveyed are aware of The Pensions Regulator’s Six principles of good workplace DC, according to research by The Pensions Regulator (TPR).Its Occupational pension scheme governance 2013 research, which surveyed 454 trust-based defined benefit (DB), defined contribution (DC) and hybrid pension schemes, aimed to ...
-
Article
Unilever to use TRS data to show impact of reward decisions
Unilever is planning to integrate the data from staff surveys with total reward statements (TRS) so it can analyse the business impacts of reward decisions, for example on employee retention or engagement.It rolled out total reward statements (TRS) to staff in 96 countries in 2011.Speaking at the annual WorldatWork Total ...
-
Article
SThree cuts private medical insurance premiums
Recruitment firm SThree has cut its private medical insurance premiums by more than £23,000.This equates to a 10% saving, which is attributed to its £11,000 saving on medical claims in 12 months after the organisation nurse-led claims management service, Managed Care, provided by PMI Health Group.The claims savings were made ...
-
Article
Legal & General to launch trustee-style governance for contract-based pensions
Legal and General is to extend its independent trustee-style governance approach to contract-based workplace pensions for employers.The new governance structure, Independent Governance Oversight, is designed to work both with pension schemes’ own governance committees, and to take sole responsibility where no other governance exists.Independent Governance Oversight will mirror the governance ...
-
Article
Edenred launches mobile site for childcare vouchers
Edenred has launched a childcare voucher service for smartphones that will offer increased flexibility and convenience for working parents.The secure mobile site is designed to work will all smartphones.It enables working parents to check their balance, view statements and make payments on the go.From 14 May, employees that use Edenred ...
-
Article
Sodexo launches childcare voucher health check
Employee benefits provider Sodexo Motivation Solutions has launched a free childcare voucher checker.Its Health Check service, which is available to any organisation with a childcare voucher scheme in place, aims to help employers assess the health of their current scheme.The service includes an analysis of an employer’s current scheme, and ...
-
Article
Queen's Speech legislates for childcare changes
The Queen’s Speech has confirmed legislation will be introduced to reform childcare for working parents, as confirmed in the 2013 Budget.From autumn 2015, the current childcare voucher scheme will be replaced by a tax-free childcare scheme.The scheme, which will initally be available for children up to the age of five, ...
-
Article
Scottish Life to change underlying investment of matrix fund
Scottish Life is to change the underlying investment held within its Global Blend Core Plus Pension Fund. The matrix fund, a group of externally managed equity funds categorised by sector and by risk relative to a benchmark, will see its underlying investment switched to the Rathbone Global Alpha Fund from ...
-
Article
Finning UK renews health cash plan
Finning UK and Ireland has renewed its employer-funded employee health cash plan contract for two more years.The equipment dealer’s health cash plan is provided to non-management employees at all of the organisation’s depots, from Cornwall to the Scottish Highlands. Nearly 60% of the workforce has opted to join the plan, ...