All Article articles – Page 809
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Buyer's guide to private medical insurance 2012
Focus on factsWhat is PMI?Private medical insurance (PMI) pays for the costs of private medical treatment, enabling claimants to jump the NHS queue and arrange treatment at a convenient time.What are the origins of PMI?The first PMI policy was launched by Crusader Insurance (now part of Cigna) in 1907. Prior ...
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ArticleHow to manage: Salary sacrifice company cars 2012
Download a PDF of the How to manage salary sacrifice company cars guide 2012What is salary sacrifice?What are the tax issues?Building a business caseHow to implement a schemeUnderstanding the risksHow to promote a schemeChoosing vehicles and providersCase studiesSponsor’s comment: Ian Hughes, commercial director at ZenithEditor’s comment:Making savings on the ...
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Aspire adds 1% match to employees' pension contributions
EXCLUSIVE: Aspire has introduced a 1% match on its employees’ contributions to the group personal pension (GPP) scheme to encourage them to get used to saving in advance of auto-enrolment.The matched contribution is for employees who contribute at least £20 of their salary per month. The scheme is offered as ...
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Gandhi-inspired Italian lawyers strike for better pay and job security
Employees striking over pay and benefits issues in the UK might challenge any preconceptions of their militancy by finding inspiration in unexpected places, just as striking lawyers have done in Italy.Members of the United Lawyers Organisation, who have been striking for better pay and job security, modelled their resistance on ...
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Swissport Stansted staff vote to strike over pay and working patterns
Swissport employees based at Stansted airports have voted to take industrial action over the Easter weekend in a dispute over pay and working patterns.The decision for strike action comes after a 90-day consultation period, with employees at trade union GMB. The change includes employees spreading their contractual hours over a ...
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Evans Cycles launches online bikes-for-work service
Evans Cycles has moved its bikes-for-work application process online.Employees that participate in the scheme through their employer will be able to go online to redeem their certificates, the tender by which employees collect their bike and accessories from Evans Cycles.The online process will be automatically available to all participants.Mark Brown, ...
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Wealth at Work appoints Leslie Huss-Smickler to head up retirement division
Wealth at Work has appointed Leslie Huss-Smickler as head of retirement services.Huss-Smickler has more than 30 years of experience in the pensions industry. His former roles include pensions manager at the BBC and pensions policy manager at BT.Huss-Smickler said: “My new role as head of retirement services will allow me ...
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The Court of Appeal reviews how holiday should be managed for employees on long-term sick leave
The Court of Appeal is reviewing whether employees who are absent on prolonged sickness leave must inform their employers of an intention to take holiday and whether they can carry holiday forward to a subsequent holiday year.Yesterday (29 March), the case of NHS Leeds vs Larner, considered two unresolved issues: ...
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JLT Pension Capital Strategies appoints Martyn Phillips
JLT Pension Capital Strategies has appointed Martyn Phillips as head of buyout consulting. Phillips, who will move from Lane Clark and Peacock, will assume responsibility for buyout and settlement activity across JLT Pension Capital Strategies, when he starts 2 April 2012.At Lane Clark and Peacock, he focused on consulting with ...
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Filmology launches new platform for cinema vouchers
Filmology has launched a new employer-branded platform that allows employers to offer cinema tickets to staff seven days a week at more than 440 cinemas across the UK and Ireland.Employees log on to the portal and type their location to find out what cinemas in their area they can purchase ...
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Getting payroll systems ready for auto-enrolment is a big challenge for employers
Getting HR and payroll systems ready for compliance with auto-enrolment requirements is the biggest challenge relating to defined contribution (DC) pensions facing employers, according to research by Mercer.The research, which analysed the DC pension offerings of more than 300 UK employers, showed that getting employees to understand pensions ranked as ...
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BMW looks to boost pay but reduce breaks
As part of BMW’s discussion with union representatives about offering employees a pay rise, it will also be negotiating on the length of employees' tea breaks.The German firm is due to offer employees based at its Mini plant in Cowley, Oxford, a reported pay rise of 6%.BMW would not confirm ...
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Teachers in London strike over pension changes
Teachers are striking in London today over changes to their pension scheme.Members of the National Union of Teachers (NUT) and the University and College Union (UCU) have rejected the final offer from the government.Members of the Association of Teachers and Lecturers (ATL) have accepted the government’s pension scheme reforms, which ...
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Employers offer choice in employees' benefits packages
More than 60% of employers offer some form of choice in the benefits that their employees receive, according to research by Mercer.The research, which surveyed employers based in 12 European countries, found that respondents’ most important reasons for offering choice were to: remain competitive in the marketplace (58%); improve employee ...
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Nexen Petroleum achieves 85% take-up of employee discount scheme
EXCLUSIVE: Nexen Petroleum has seen 85% of employees register for its employee discount scheme since it was launched at the end of January.At the end of the first week, 59% of the oil and gas company’s staff were registered for the scheme. That figure had risen to 85% by mid-March.The ...
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Public sector staff earn more per hour than private sector staff
Public sector employees earn more per hour than those in the private sector, according to figures from the Office of National Statistics (ONS).The difference in average hourly earnings between employees in the public and private sector stood at 8.2% in 2011.The figure is based on findings from the Annual survey ...
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GE, Kraft Foods and Virgin Media among the employers shortlisted for the Employee Benefits Awards 2012
GE, Home Retail Group, Kraft Foods, McDonald’s Restaurants and Virgin Media are among the employers shortlisted for the Employee Benefits Awards 2012.Other finalists include:'Benefits team of the year':AvivaCancer Research UKKraft FoodsLinklatersMarks and Spencer'Most effective alignment of reward strategy to business strategy for organisations with more than 1,000 employees':Everything EverywhereGEGrant ThorntonJLT ...
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Government aligns auto-enrolment with tax and NI thresholds
The government has aligned auto-enrolment rates for the next tax year with tax and national insurance (NI) thresholds.The Automatic enrolment earnings thresholds review and revision has been published six months before the largest employers begin enrolling eligible staff into a pension scheme in October 2012.The Pensions Act 2011 requires the ...
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West Country, Midlands and north England will be hit hardest if public sector pay is regionalised
The West Country, the Midlands and the north of England will be hit hardest by government plans to regionalise public sector pay, according to research by job search website Adzuna.The research ranked UK regions by average salary and analysed specific job titles by location to see regional differences in pay ...
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Capita Hartshead staff to volunteer at a primary school
Capita Hartshead is among the employers introducing a volunteering initiative to its staff, which allows them to volunteer at a primary school in Sheffield.The initiative, which will take place on 18 April, will ask children to record their ambitions, their hobbies, places they would like to visit and people they ...