All Article articles – Page 801
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EXCLUSIVE: Overbury launches bikes for work to mitigate challenges of Olympic commute
Overbury has launched a bikes-for-work scheme to mitigate the challenges of commuting during the London 2012 Olympic and Paralympic Games.The office refurbishment firm has 170 staff based near Oxford Street in central London. Annabelle Jane, facilities manager at Overbury, said: “We started thinking about it because of the Olympics. It ...
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Belgian employees happiest in the workplace
?Belgian employees (77%) are most satisfied and motivated in the workplace, followed closely by German (74%) and UK (63%) staff, according to research by Edenred.The research, Wellbeing at work and employee motivation, covered six European countries – Belgium, France, Germany, Italy, Spain and the UK – with 300 respondents in ...
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EXCLUSIVE: Baker and McKenzie introduces flexible benefits scheme
Baker and McKenzie has introduced a flexible benefits plan, through which it has implemented a salary sacrifice arrangement for its group personal pension, travel insurance, foreign currency exchange and a concierge service.The BakerBenefits scheme, provided by Thomsons Online Benefits, offers the law firm’s 800 UK staff all their benefits in ...
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Matthew Johnson joins Adecco
?Adecco has appointed Matthew Johnson head of compensation and benefits.Previously, he spent six years at Steria, initially as reward manager and later as head of reward. Johnson says: “At Steria, I was responsible for the full spectrum: compensation, bonus, shares, benefits and pension.”He also spent three years at BDO as ...
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EXCLUSIVE: Capital One raises £3,500 for charity awarding staff for fitness and volunteering activities
Capital One has raised around £3,500 for charity by rewarding employees who got involved with volunteering and fitness activities.The donations were made as part of the annual Sports Relief campaign, which took place between 23 and 25 March.Capital One made donations on behalf of each employee that took part in ...
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EXCLUSIVE: Goodman Masson sees 19% take-up of contributory mortgage fund
Goodman Masson has seen 19% of its 140 employees take up its contributory mortgage fund since it was introduced as part of a new flexible benefits scheme in January 2012.The firm has included a variety of other savings benefits for staff within its Benefits Boutique flex scheme, which was designed ...
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Buyer's guide to pension modelling tools
Key factsWhat are pension modelling tools? These are interactive tools that help staff understand what they need to save for their retirement and how to achieve their goals. The tools calculate an estimated retirement income based on factors such as retirement age, current contributions and investment strategy.Where can employers find ...
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Top tips for reward and benefits career progression
If you read nothing else, read this… A successful reward career often depends on adopting a fresh approach. As well as getting to grips with an organisation’s broad business priorities, it is also important to understand its culture. To reach the top, reward professionals must be approachable and able to ...
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Debi O'Donovan, editor of Employee Benefits: Changing times call for a different philosophy
Major economic challenges and shifts in workplaces usually go hand in hand. As we entered the economic downturn a few years ago, most of us were aware that whatever state we were in when we eventually emerged from tough times, the world of work would look very different.Several years on, ...
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Confessions of a benefits manager: Model behaviour
A conference call by the global head of HR spells out some new guiding principles, but Candid is not impressedEvery month, the HR Overlord holds a mandatory conference call. He gathers his HR drones at HQ and the rest of us dial in. Whenever he addresses us folks in the ...
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Interview with Rosemary Mounce, group pensions manager at Arup Group
Rosemary Mounce, group pensions manager at Arup Group, is a keen yachtswoman who has steered pensionchanges and developments through a number of organisationsA pensions expert with a passion for sailing, Rosemary Mounce, group pensions manager at Arup Group, has been navigating the winds of change in the industry for nearly ...
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The Big Question: What can employers do around the Queen's Diamond Jubilee?
Alan Robertson, colleague engagement leader - recognition and incentives at Asda:2012 is turning out to be a great year packed with some fantastic events, not least of which are the Queen’s Diamond Jubilee celebrations. At Asda, thanking our employees for the great work they do is an important part of ...
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Benefits research 2012: Legislation
This year will finally see the introduction of legislation under the Pensions Act 2008. From October, the first tranche of employers (those with more than 120,000 staff) will be required to comply with the reforms, which will see the introduction of automatic enrolment to a qualifying pension scheme, compulsory minimum ...
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Benefits research 2012: International benefits
The number of employers that operate a global benefits framework has grown in the last few years.Offering benefits on this basis can offer several advantages for employers. As well as achieving cost and efficiency savings, it can also help an organisation build a single, overarching benefits brand that is recognisable ...
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Benefits research 2012: Changes to benefits provision
Keeping a benefits package fresh and relevant is the best way to ensure it continues to keep staff interested and engaged with what is on offer. In the past year, just under half (44%) of respondents said they had introduced a new benefit to the mix.Failing to hold employees' interest ...
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Benefits research 2012: Flexible benefits
Despite all the attention and discussion that flexible benefits schemes have generated over the years, they have never really taken off in the same way as other mechanisms for offering benefits. Although the number of employers offering flex to at least some of their workforce has grown over the years, ...
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Benefits research 2012: Salary sacrifice
Given the tax and national insurance (NI) savings that are available when offering tax-efficient benefits via a salary sacrifice arrangement, it is perhaps not surprising that the proportion of respondents offering perks in such a way has remained consistently high in recent years.Back in 2004, 69% of respondents offered benefits ...
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Benefits research 2012: Voluntary benefits
Voluntary benefits schemes have a number of advantages for both employers and employees, so it is perhaps unsurprising that the percentage of respondents offering perks on this basis has risen year on year. During the ongoing economic downturn, when benefits budgets may tight or non-existent, voluntary schemes can be a ...
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Benefits research 2012: Core benefits
Over the past eight years, there has been little change in the top core benefits that employers offer to all staff. As in 2004, 2010 and 2011, this year, life assurance (also known as death in service) is the most commonly offered core benefit.In third place comes counselling or employee ...
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Benefits research 2012: Benefits package
TYPES OF BENEFIT ON OFFERThe evolution and complexity of employee benefits have led to myriad definitions. For the purpose of this research, we have used the following:Core packageThe traditional package of employer paid benefits in which employees can now opt out of, or switchbetween, perks.Flexible benefitsA package of employer-paid benefits ...