All Article articles – Page 823
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Money Advice Service launches financial education campaign
The Money Advice Service (MAS) has introduced a financial education campaign called Fresh Start, which promotes spring as the ideal time for employers and employees to focus on money and financial issues.The MAS has emailed the 1,300 employers it works with to flag up its range of online resources.These include ...
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Union to ballot Transport for London staff on strike action around annual leave during Olympics
Transport for London (TFL) employees will be balloted by the union for the rail, maritime and transport (RMT) industries for strike action around annual leave during the London 2012 Olympic and Paralympic Games.RMT said that TFL’s plan to ban annual leave during the games in at least one department will ...
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William Russell extends global PMI to Abu Dhabi
International expatriate insurance provider William Russell has announced that its plans are now available to employers in Abu Dhabi.Previously, strict insurance regulation meant that insurance plans, available in much of the United Arab Emirates (UAE), could not be sold in Abu Dhabi. The Dubai Insurance Company (DIC), the underwriters of ...
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UK absence management approach is increasing risk
Employers’ current approach to absence management is heightening employer and employee risk, according to a report by group risk insurer Ellipse and Dr Cary Cooper, professor of organisational psychology and health at Lancaster University.The report, Sick notes: How changes in the workplace and technology demand a rethink of absence management, ...
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Buyer's guide to flexible benefits technology 2012
Focus on factsWhat is flexible benefits technology?This is pieces of software or, increasingly, web-based systems, that enable the delivery of a flexible benefits plan. Many systems are integrated with other aspects of a reward package, such as a pension, and can include modelling tools. Others are integrated with HR systems.What ...
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Employee Benefits health cash plans supplement 2012
Download a PDF of the Employee Benefits health cash plans supplement 2012 How to select the right plan for staffWhat are the key elements of a health cash plan?Using cash plans to cover private medical insurance costsOffering eyecare benefits through health cash plansSponsor’s comment: Lee Andre, HSF Health Plan
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Employers to review fuel reclaims process in 2012
Two-thirds of respondents will review their fuel reclaims process in 2012, according to a survey by ALD Automotive and YouGov.The survey, which polled UK organisations employing between 500 and 999 employees, found that employers are taking the threat of prosecution from HM Revenue and Customs (HMRC) more seriously, and are ...
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HSBC staff log 63,000 volunteer days for Earthwatch
Global bank HSBC’s employees have logged in more than 63,000 volunteer days over the past five years for the charity Earthwatch.Since the launch of its employee engagement programme in 2007, more than a third of HSBC’s global workforce have engaged with climate change issues, through online learning modules, one-day local ...
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Fewer than half of respondents know correct staging date
Fewer than half of respondents know their correct staging date for auto-enrolment and compliance with the pension reforms, according to research by Punter Southall.The pension consultancy’s survey The impact of auto-enrolment, conducted among around 160 employers, showed that only 45% of organisations can pinpoint the date when they have to ...
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Friends Life launches workplace savings platform
Friends Life has launched an online workplace savings platform, which includes a pension scheme, individual savings accounts (Isas), and investment accounts.Its My Money platform, which provides information and educational support products, will allow employers to offer pension and non-pension savings in one place, tailoring the benefits package to enable staff ...
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Government to create a system of police pay that saves £150 million a year
Home secretary Theresa May has approved a pay deal for police in England and Wales that will save an estimated £150 million a year.The home secretary told an audience at the Institute of Civil Engineers on 30 January that police reforms will not just save money but equip the police ...
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Questions raised over HR's role in executive pay decisions
In the wake of the controversy surrounding the Royal Bank of Scotland's (RBS) chief executive Stephen Hester’s bonus questions have been raised about the role HR plays in setting pay and reward for senior employees.Duncan Brown, a principal at Aon Hewitt, said the independent governance structure of organisations means the ...
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RBS chief executive Stephen Hester waives bonus worth almost £1 million
Stephen Hester, chief executive of the Royal Bank of Scotland (RBS), has bowed to pressure to waive his controversial bonus worth almost £1 million.The bank’s board decided to allocate Hester a 2011 annual performance award of 3.6 million shares worth £963,000 at the closing price (26.75p) on January 25. The ...
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Maybourne Hotel Group rolls out payroll management system
Maybourne Hotel Group has introduced a system to manage its payroll process for 1,500 employees.The system, provided by Kronos, will reduce the time spent on processing payroll by 50%.The hotel group’s staff are based at three hotels in London: Claridge’s, The Berkeley and The Connaught.Ralf Balzer, director of information technology ...
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Denplan introduces online portal
Denplan has launched an online portal for employees to track their dental claims.The portal allows employees to submit claims online, track their claims, view policy terms and conditions, update contact details, and request up-to-date benefit statements via email.Jo Winkle, corporate customer services manager at Denplan, said: “Our customer services advisors ...
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Serco Docklands staff to be awarded Olympic bonus
Serco Docklands employees, working on the Dockland Light Railway (DLR), will get a bonus deal worth £2,500 for working during the Olympic and Paralympic Games.The deal is made up of a guaranteed attendance payment of £900, paid at £100 per week over a nine-week period for all staff in every ...
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Saga saves on administration by using online payslips
Saga has introduced online payslips to increase efficiencies across the organisation.Since the over-50s insurance, holidays and homecare organisation introduced the system in April 2011, it has noticed considerable time and cost savings, including two days saved every month by eliminating the need to product and distribute payslips manually.Employees can log ...
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Mercer to acquire Norwegian investment and pensions consulting firm
Mercer has signed a definitive agreement to acquire Pensjon and Finans, a Norwegian-based investment and pensions consulting firm.The closing of the transaction is subject to regulatory approval and other conditions. Terms of the agreement have not been disclosed.The acquisition will give Pensjon and Finans’ existing employers access to Mercer’s range ...
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Disney lifts ban on facial hair
After a 60-year ban on beards, Disney is finally allowing facial hair to sprout within the walls of its magic kingdoms.Employees at its theme parks in Florida and California will be able to come to work sporting a beard or goatee, providing the bristle is less than quarter of an ...
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UK Mail introduces payroll and HR service
UK Mail has introduced a payroll and HR service for its 3,000 employees.The mail and logistics service provider has signed a five-year contract with NorthgateArinso to use its Resourcelink Aurora product.Kelly Rock, HR director at UK Mail, said: “We have worked with NorthgateArinso for a number of years.†“The relationship has ...