All Article articles – Page 853
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Advanced Business Solutions research: Employers divided as to where payroll function should sit
Organisations are divided as to where the payroll function sits within the business, according to research by management and information systems provider Advanced Business Solutions.The research, conducted among HR and payroll professionals in the UK and USA, found that 36% believe the payroll function should sit between the HR and ...
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Virgin Media streamlines benefits and payroll administration
Virgin Media has launched a platform called Employee Services to effectively communicate with all its employees.RightNow centralises the organisation’s various HR departments – the people team, employee benefits and payroll – into a single resource for staff. Its aim is to expedite employee access to benefits and payroll information.The platform ...
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Logica partners SuperChoice to launch auto-enrolment product
Business and technology firm Logica has partnered with Australian superannuation exchange SuperChoice to launch an auto-enrolment product to help employers meet the legislative requirements of the 2012 pension reforms.The product is based on the SuperChoice technology platform, which provides online contribution processing systems to around 40% of Australia’s largest pension ...
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Reabur research: Employees prepared to pay for longer weekends
Over half (52%) of British employees would be prepared to sacrifice a day’s pay for a three-day weekend, according to research by Reabur.The study, conducted among 1,283 full-time workers, also found that 14% would willingly sacrifice half a day’s wages to finish work at lunchtime on a Friday.A further 4% ...
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Company and employee attitudes to dentistry
Key points:✓✓ Up to 78% of companies are aware of issues regarding access to dentistry✓✓ Over 85% of large companies agree that their employees would consider dental as a tangible, usable benefit✓✓ Up to 87% of employees agreed that dentistry supported their overall health and wellbeingThe 2011 Dental Benefits Survey ...
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Wood Mackenzie switches flexible benefits provider
Wood Mackenzie, a research and consultancy firm in the energy, mining and metals sector, has switched its flexible benefits provider.The organisation will now use Bluefin’s online reward portal Orbit to offer its flexible benefits plan to employees.Hollie Smith, senior reward and benefits specialist at Wood Mackenzie, said: “Our flex scheme ...
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Japanese employees to adopt energy-saving hair cuts
Some organisations ask their staff to take part in carbon-offsetting programmes or to switch off their computers as part of efforts to protect the environment and boost their corporate social responsibility (CSR) credentials.However, Japanese construction firm Maeda Corporation is getting staff to use their heads to save energy.In response to ...
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ACA research: Employers look to cut pension spend ahead of auto-enrolment
A third of larger employers are looking to cut their spend on workplace pensions ahead of auto-enrolment, according to research by the Association of Consulting Actuaries (ACA).Out of the 468 employers surveyed for the 2011 Pensions trends survey, just over a quarter have budgeted for the cost of auto-enrolment.The larger ...
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Aviva launches online group risk claims system
Aviva has launched an online group risk claims system, which allows claim forms to be completed and submitted online.The new online claim form has been designed to capture enough information to determine within 24 hours what further documentation may be needed.Steve Bridger, head of group risk at Aviva, said: “The ...
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Scottish Widows research: British employees not prepared to discuss salary
Almost half (49%) of British employees are not willing to share salary details with colleagues, according to research by Scottish Widows.The Dare not ask survey found that 27% of respondents would not discuss their pay with friends, and 15% would not talk about salary with their family.Only 24% of respondents ...
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Pensions Management Institute launches affiliate grade membership
The Pensions Management Institute (PMI) has launched a new affiliate grade of membership that will invite employee benefits and retirement savings professionals to become members of the organisation without having to study for a qualification.The new membership grade is part of the PMI’s membership changes which take effect from today, ...
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Secondsight to raise funds for Kenyan schools at Employee Benefits Live
Employee benefits adviser Secondsight will be raising funds for two Kenyan schools at Employee Benefits Live 2011.After a trip to Kenya, one of the firm’s partners, Darren Laverty, pledged to support the Amani Junior Academy and the Showers of Blessings school, both situated in Watamu, two hours north of Mombassa, ...
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Zenith Provecta rebrands to Zenith
Fleet provider Zenith Provecta has rebranded as Zenith, three years after it acquired Provecta Car Plan.It has also introduced a new strapline: Intelligent Vehicle Solutions.Tim Buchan, chief executive officer at Zenith, said: “This is the next natural step in the organisation’s development.“We are in an exciting time in our progression ...
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Friends Life harmonises family-friendly policies
Post-merger Friends Life has begun to harmonise family-friendly benefits and policies in an effort to retain working mothers.The financial services firm, created by the merger of Friends Provident and the life assurance business of Bupa and Axa UK, has been identifying heritage policies and benefits it wants to extend across ...
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Goddard Perry Consulting launches financial education service
Goddard Perry Consulting (GPC) has launched a financial education service called the Retirement Counsellor.Designed to assist employers and trustees with pension scheme communications, it will enable staff to consider which option at retirement is best for them.The service includes a bespoke pre-retirement report outlining all the choices, access to online ...
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Philips UK rolls out a salary sacrifice car scheme
Philips UK has introduced a salary sacrifice car scheme for all permanent UK employees.The scheme, which is provided by Zenith, is part of the organisation’s flexible benefits package.The cars in the scheme are restricted to a maximum 145g per km carbon dioxide.Nicolas Bedard, fleet manager at Philips UK, said: “It ...
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GE Capital partners PSA Peugot Citroen in electric cars deal
GE Capital has signed an agreement with PSA Peugeot Citroen that will see the fleet provider purchase up to 1,000 electric cars to offer employers at a pan-European level.The agreement would see GE Capital lease electric cars across Belgium, France, Germany, Italy, Netherlands, Sweden, Portugal, Spain, Switzerland and the UK.In ...
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Buyer's guide to private medical insurance
FOCUS ON FACTSWhat is private medical insurance? A group PMI policy enables employees to access private medical treatment quickly and at a time that is convenient to them. Policy benefits vary greatly, but plans will usually cover consultations, diagnostic tests and treatment, whether as an inpatient or an outpatient. They ...
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Hitachi Data Systems switches to GPP and launches flexible benefits
Hitachi Data Systems has switched from a trust-based defined contribution (DC) pension plan to a group personal pension (GPP) and launched a flexible benefits scheme.The IT firm also plans to launch total reward statements in January 2012, rolling them out in the UK, the US and one Asia-Pacific country.Carol Baylis, ...
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Employee Benefits Live: ICE Group closes DB pension scheme and saves money with new GPP
Since the Institute for Civil Engineers (ICE Group) closed its defined benefit (DB) pension scheme to future accrual and launched a group personal pension (GPP) scheme in 2010 it has saved £240,000 and reinvested in new benefits.Speaking at Employee Benefits Live, Ethan Kelly-Wilson, project director, human resources, ICE Group, said ...