All Article articles – Page 748
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Center Parcs pilots incentives for saving energy
Center Parcs has launched a Home Energy Pilot scheme offering financial incentives to encourage its 6,000 employees to reduce the amount of gas, water and electricity they use in their homes.Employees that opt into the scheme are given an electricity smart meter to record electricity consumption.Water and gas use is ...
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Hampshire Police implements resilience plans
EXCLUSIVE: Hampshire Constabulary has implemented a series of employee resilience programmes, resulting from a large-scale organisational restructure.The government’s 2010 Spending Review included measures that saw the police force tasked with saving a target of £55 million, delivered over a four-year period. It originally anticipated a large number of police staff ...
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LV= completes longevity insurance contract for DB pension
LV= has completed an £800 million longevity insurance contract for its defined benefit (DB) pension scheme.The contract, with reinsurer Swiss Re, includes insurance of longevity exposure for 5,000 individuals who were members of the scheme as of 31 December 2011.It covers a broad population, extending beyond in-payment pensioners to also ...
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Anglian celebrates 24 long-serving employees
Anglian Home Improvements held an awards ceremony to celebrate 24 employees’ service with the organisation.The ceremony was held on 29 November at the Holiday Inn at Norwich Airport, where 21 employees were awarded for 30 years’ service and three employees for 40 years’ service, including factory manager Andy Mobbs (pictured).Each ...
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ArticleWhite paper — buzzing about corporate platforms
Corporate platforms give employees access to a range of financial benefits and investment options.To download the white paper, click on the link above right under Related Files.White paper supplied by Friends Life.
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ArticleWhite paper — auto-enrolment is not the end for other savings
It is important that employees are in a position to manage and control all of their financial needs, not only at their selected retirement age but also throughout their lifetime.To download the white paper, click on the link above right under Related Files.White paper supplied by Close Brothers.
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ArticleWhite paper — auto-enrolment: get equipped to meet your duties
Implementation and the operation of the auto-enrolment regime could present a considerable challenge for employers.To download the white paper, click on the link above right under Related Files.White paper supplied by Scottish Widows.
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ArticleWhite paper — pensions and auto-enrolment: time for change
With major changes happening to workplace pensions from October, it is important that employers of all sizes start thinking about their own arrangements as soon as possible.To download the white paper, click on the link above right under Related Files.White paper supplied by National Employment Savings Trust (Nest).
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European pay rises will be subdued in 2013
Average pay rises across Europe will be subdued in 2013, according to research by Hay Group.Its Hay Group paynet, research, which contains data from more than 20,000 organisations, foumd that average pay rises in the region are estimated to be 3.3% in 2013, compared with 5.5% in 2012..In Western Europe, ...
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Aon Hewitt adds to global benefits team
Aon Hewitt has appointed Janine Heijckers-van den Nieuwenhuysen global benefits leader for Europe, Middle East and Africa (EMEA).She joins from Mercer where she led the international practice in Europe and was EMEA market development leader.Previously, Heijckers-van den Nieuwenhuysen (pictured) was director of Aon’s international practice, based in London.Francois Choquette, executive ...
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EU pension changes could increase costs for employers
Proposed pensions changes from the European Commission could impose £350 billion in extra costs on UK employers, according to a report commissioned by the Confederation of British Industry (CBI).The economic impact for the EU of a Solvency II-inspired funding regime for pension funds, collated by independent economic consultancy Oxford Economics, ...
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Article
Employers will communicate auto-enrolment face to face
The majority (86%) of respondents that will reach their auto-enrolment staging date in the next 12 months and have started planning their communications strategy will use meetings or presentations to do so, according to research by Buck Consultants.The research found that 46% will use one-to-one staff meetings. .The research also ...
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Aon Hewitt completes Babcock acquisition
Aon Hewitt has entered the public sector pensions administration market after completing its acquisition of Babcock International Group’s pensions administration office (PAO) in Caithness, Scotland.Aon Hewitt has taken on all 33 employees from the PAO and all of its employer clients, which are mainly comprised of public sector final salary ...
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UK Coal restructure impacts pensions
UK Coal’s pension schemes have taken the majority share in the organisation’s property business following a restructure.The restructure, which began in March 2012, split UK Coal into separate mining and property businesses. The mining business will continue as employer sponsor of the pension schemes. In return for giving up any ...
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Article
Benefits platforms help employers stand out
EXCLUSIVE: The most attractive aspect of a corporate or employee benefits platform is its ability to help organisations stand out as a top employer by offering a range of benefits beyond basic salary, according to more than half (56%) of adviser respondents to research by Aviva.The research, which surveyed almost ...
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Article
JLT completes Alexander Forbes acquisition
The Jardine Lloyd Thompson Group (JLT) has completed the acquisition of Alexander Forbes Consultants and Actuaries for a cash consideration of £17 million.The acquired organisation will become part of JLT’s employee benefits business.The acquisition was first announced in October 2012.Duncan Howorth, chief executive officer at JLT Employee Benefits, said: “This ...
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Article
Growth in global pay slows
Global monthly wages grew by 1.2% in 2011, down from 2.1% in 2010 and 3% in 2007, according to a report by the International Labour Organisation (ILO).The Global wage report 2012/13 found that, although wage growth in developing countries suffered a double-dip with a forecast of zero percent in 2012, ...
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Peer 1 staff get gift-wrapping service
Web hosting provider Peer 1 is offering staff a free professional gift-wrapping service at its Southampton headquarters today.The organisation’s 60 employees have been allowed to do their Christmas shopping online at work with presents delivered to the office.The gift-wrapping service, provided by Happy Wrapping Services, will be available free of ...
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Round Table launches voluntary benefits scheme
EXCLUSIVE: Men’s membership organisation Round Table has launched an online voluntary benefits scheme for its 5,000 employees, in time to help out with the cost of Christmas shopping.The Wider Wallet scheme is provided by employee benefits provider Wider Plan. It offers access to a range of discounts at supermarkets and ...
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M&S to extend clothes recycling campaign
Marks and Spencer (M&S) is to extend its clothes recycling campaign, Shwopping, into UK workplaces by launching a service for employers across the UK.From 2013, organisations can offer Shwop Drops in their offices to enable employees to recycle clothes.Marks and Spencer will deliver the boxes and provide communications materials, such ...