All Article articles – Page 739
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Employers should look after health at work
More than two-thirds (68%) of respondents believe their employer should take responsibility for general health at work, according to research by the British Heart Foundation (BHF).The research, published to coincide with the run-up to National Heart Month from 1 February, surveyed more than 1,200 working adults about their views on ...
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DB pension schemes close at record rate
Defined benefit (DB) pension schemes in the private sector are closing to new members at the fastest rate on record, according to research by the National Association of Pension Funds (NAPF).The NAPF Annual survey, which was conducted among 1,018 pension schemes with a total of nine million members, found that ...
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Third of FTSE 100 to freeze executive pay
More than a third (38%) of FTSE 100 companies surveyed are planning to freeze salaries for executive directors in 2013, according to research by PricewaterhouseCoopers (PWC).Its research, which surveyed heads of reward, executive board members, HR directors and remuneration committee chairman in 40 FTSE 100 companies, found that salary increases, ...
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Aria Assistance launches travel risk service
Aria Assistance has launched a range of travel risk management services for multi-national employers to provide for expatriate or travelling employees.The service includes a tailored travel risk information portal, which helps users to understand and mitigate the risks they might face when working in an unfamiliar location.Additional medical and security ...
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Health Cash Plans (February 2013)
Article include:What’s on offer in the health cash plan market?Health cash plans versus private medical insuranceCheck health cash plans’ small printQuirky requests for health cash plan coverComplementary health perks at Dennis PublishingDownload PDF of Health Cash Plans Report 2013.
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Cary Cooper: Do team incentives really work?
This prolonged recession means staff are focusing more and more on survival. This type of scenario often leads to people looking after their own career, whether that means protecting their own job or promotion prospects.It is difficult, in this context, for managers to initiate change, which is vital when times ...
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Duncan Brown: A chilling tale of shifting fortunes
The eurozone’s third quarter of double-dip recession and disappointing UK industrial output figures were accompanied by news of 13% growth at luxury brand Burberry and record sales at Rolls-Royce.Who stole the American Dream? by Pulitzer prize-winning journalist Hedrick Smith, published last year, charts US economic history since the Second World ...
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Stephen Bevan: Do team incentives really work?
You might imagine this would be supported by team-based pay or incentive systems, but these are not as common as you might think. Why is this?For a start, there is no point trying to incentivise a team unless it really is a team. Does it form a natural grouping in ...
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Phil Handley: Do team incentives really work?
In the past, we have operated a popular incentive where income exceeding our quarterly sales target is split among staff members as a bonus. In addition to this, we organise a host of social events to reward good company performance. The budget for these events is tied to certain financial ...
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Debi O'Donovan: Give suppliers a financial health check
Are you absolutely sure that your suppliers will still be able to deliver all they have promised to your employees?There are strict laws governing pensions and insurance providers, with more belts and braces making their way over from Europe (Solvency II, anyone?), but what about other types of benefit, such ...
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Flat-rate state pension may cause DB rethink
Plans also include the abolition of contracting out, which would mean a rise in national insurance contributions (NICs) for employers and employees with defined benefit (DB) pension schemes.Malcolm McLean, consultant at Barnett Waddingham, said: “Many private sector employers are expected to want to claw back the extra money they have ...
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Younger employees shun payroll giving
The research also found that only 1.9% of under-30s in employment gave through payroll, compared with 4.5% of staff aged between 30 and 49, and 3.9% of those between the ages of 50 and 64.Chantell Mills, senior company relations manager at CAF, said: “The generation gap was pretty big. Older ...
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Employers make bonus choices as tax rate changes
Last month, after a media outcry, Goldman Sachs decided not to defer staff bonuses from 2009, 2010 and 2011 to make the most of higher-rate income tax being reduced from 50% to 45% in April.But, on 21 January, insurance broker Aon said that it had offered senior staff this option ...
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Confessions of a benefits manager: Briefing encounter
Whoever invented breakfast briefings wants shooting. It’s not that I have anything against breakfast. Far from it; there is nothing to beat a nice bacon sarnie or a mini almond croissant to get the day off to a good start. No, it is the briefing bit that can get a ...
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Employee Benefits Connect 2013: Global reward plays key role
In a global economy, businesses must understand the need to use reward to overcome issues such as attracting talent in emerging economies, adapting to local needs and the impact of expansion on the business and staff.In the dedicated ‘Global reward’ conference at Employee Benefits Connect, highly experienced speakers from leading ...
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Lloyds appoints Philip Hutchinson
His previous interim roles include reward manager at Bwin.Party and reward manager at International Power.He has also been managing director and owner of RePosition Consulting since January 2010.
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Marcus Underhill joins Aon Hewitt
He will be based in Singapore.Since June 2009, Underhill has been global reward director at Thomsons Online Benefits.He has also been head of consulting at Vebnet, head of flexible benefits consulting for Europe at Mercer, and head of flexible benefits at Watson Wyatt (now Towers Watson).
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Legislation changes on the way in 2013
Catherine Wilson, partner at Thomas Eggar, said a number of statutory maximum awards will increase in February, such as the cap on compensation awards for unfair dismissal and statutory redundancy pay, based on a week’s pay, which will rise to £450.In March, unpaid statutory parental leave will rise from 13 ...
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John Lawson moves to Aviva
He was previously head of pensions policy at Standard Life, a role he had held since 2011.He has also held various roles at the Bank of Scotland, including associate director, sales strategy and development, and corporate sales manager.
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Employee Benefits Connect 2013: Opportunity for a relaxed, in-depth chat
This intimate exhibition offers a location for in-depth conversations where delegates and suppliers can chat in a relaxed atmosphere.Book your place at: employeebenefitsconnect.co.uk