All Article articles – Page 860
-
Article
Atos Origin achieves 60% voluntary benefits take up
Since Atos Origin launched a voluntary benefits scheme on 1 April, it has seen a 60% take-up among its 6,500 UK employees.The information technology firm also revamped its flexible benefits plan, adding an online portal and moving some of its offerings over to the voluntary benefits scheme.The firm decided to ...
-
Article
Workplace Retirement Commission report: Charges on private sector pension schemes should be capped
Charges on private sector pension schemes should be capped to encourage employees to save more for their retirement, according to a report conducted by the Workplace Retirement Income Commission.The report, Building a strong, stable and transparent pensions system, stated that private sector workers must get a better deal from their ...
-
Article
Santander staff raise money for charity
Staff at Santander have taken part in the Brighton Bike Ride to raise money for its charity partner, the British Heart Foundation.The ride, which took place at the end of June, raised over £30,000 for the British Heart Foundation, with 70 Santander employees taking part and the bank matching donations ...
-
Article
Hay Group research: Graduates gunning for big salaries
Graduates entering the job market are more concerned than ever about winning a big salary, as economic uncertainty and rising living costs put pressure on them to earn more.A new study by management consultancy Hay Group shows that salary is the number one concern for graduates, with 93% describing base ...
-
Article
John Lewis takes box at O2 arena for staff
John Lewis Partnership has taken a box at London’s O2 arena to enable staff to attend concerts and events at the venue.Between 15 and 20 staff will be able to attend each event, with each chosen by random ballot.Jon White, manager, leisure benefits at John Lewis, said the box had ...
-
Article
Law Society Pension Scheme enters into £320m buy-in deal
The Law Society Pension Scheme has purchased a bulk annuity policy worth £320 million from MetLife Assurance, providing security to some 1,800 members.This transaction, completed in June for £240 million, insures all known scheme members.Because the pensioners in payment were insured with MetLife in a separate £80 million transaction in ...
-
Article
Siemens adds communication campaign and total reward statements
Siemens has enhanced its employer value proposition (EVP) with a new campaign and total reward statements to ensure its 17,000 UK staff are aware of the benefits available.Its ‘What’s in it for you’ campaign focuses on an interactive online feature, which has four categories: pay and benefits, great place to ...
-
Article
BNP Paribas harmonises perks after Fortis acquisition
BNP Paribas has harmonised its pension contribution structure, life insurance, flexible benefits scheme and holiday arrangements with Fortis Bank, which it acquired in 2008.When the French bank added Fortis’s 400 staff to its 200,000 global workforce, it took its time to compare the benefits offered by each organisation.Thomas Hiles, reward ...
-
Article
United Health plans three-tier approach to pension reforms
United Health Group is developing a cost-effective, competitive strategy to deal with the 2012 pension reforms, which will introduce auto-enrolment, and compulsory employee and employer contributions.Although the health benefits and services firm intends to make pension contributions above the statutory minimum for its UK employees, it is looking at three ...
-
Article
The Entertainer increases take-up of payroll-giving scheme
Toy retailer The Entertainer has seen a 26% take-up of its payroll-giving scheme among its 800 staff since it was launched in May.Gary Grant, owner of The Entertainer, said: “The Entertainer has always had a culture of giving. We give 10% of our profits to charities we support and staff ...
-
Article
JP Morgan to launch online flexible benefits portal
Investment bank JP Morgan aims to bring benefits under one umbrella for its 14,500 UK staff.Adam Brooke, vice-president of UK employee benefits, said the bank was liaising with its flexible benefits provider Vebnet about an online portal, which he hopes will be live by next February, when the flex enrolment ...
-
Article
Barbon Insurance tops up perks package
Barbon Insurance has increased maternity and paternity benefits and revamped gym membership perks for its 700 staff.Employees can pay for their gym membership, provided by Incorpore, through salary deduction. Each employee also receives a £60 subsidy towards gym membership.Barbon has also increased its maternity and paternity benefits beyond statutory levels. ...
-
Article
News analysis: Safety first on health cover
Employers may be concerned when health insurance products are withdrawn from the market, but there are safeguards they can take, says Tynan BartonNews of the withdrawal of health insurance products and providers from the market have triggered debate about where an employer stands when services are removed or, in extreme ...
-
Article
Alzheimer Scotland adds eyecare plan
Alzheimer Scotland introduced a new eyecare scheme for its 900 staff at the beginning of June.Under the scheme, provided by Specsavers Corporate Eyecare, staff obtain vouchers that can be redeemed against an eye test and up to £65 off Specsavers glasses.The charity's previous eyecare scheme was solely for visual display ...
-
Article
Institute and Faculty of Actuaries introduces new pay and bonus strategy
The Institute and Faculty of Actuaries has introduced a new pay and bonus strategy after a merger and restructure.After the merger of the Institute of Actuaries and the Faculty of Actuaries was completed in 2010, the organisation decided to ensure its structure and reward strategy was robust.Consultations on pay with ...
-
Article
Claire Gibbens moves to Reed Smith
Law firm Reed Smith has appointed Claire Gibbens compensation and benefits adviser. In her new role, Gibbens will be responsible for Europe and the Middle East. She previously worked in compensation and benefits at property firm Jones Lang LaSalle.Read more about jobs
-
Article
Philip Hutchinson's new reward role at Bwin.Party Digital Entertainment
Philip Hutchinson has been appointed interim manager – reward at online gaming business Bwin.Party Digital Entertainment, following the merger of Bwin and Party Gaming in March. Hutchinson will continue to be owner and chairman of RePosition Consulting while performing his interim role, which will last at least until the end ...
-
Article
Emma Blaney moves up at Informa
Informa has appointed Emma Blaney group HR director. She was formerly group HR director at Informa Business Information, and has worked for the firm for 10 years.She takes over the role from Keith Brownlie, who has retired.Read more about jobs
-
Article
Ericsson appoints Colin Woods
Ericsson has appointed Colin Woods interim HR compensation and benefits manager. Woods previously served as reward and recognition leader at public sector provider Tribal Group for almost three years. He has also worked for procurement outsourcer BuyingTeam.Read more about jobs
-
Article
Now Health International introduces online facility for PMI quotes
Now Health International has introduced an online facility to enable employers to get an immediate quote for group international private medical insurance (PMI).It is aimed at small to medium-sized enterprises or those that want cover for up to 50 staff. It enables an employerto get a quote within minutes based ...