All Article articles – Page 867
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Confessions of a benefits manager: Executive stress
A global executive evaluation project opens Candid‘s eyes to some ‘rationalisation opportunities’, but the results prove irrationalMost people would be excited to be given such an important project. Global executive evaluation sounds very grand and, I’ll admit, it will look good on my CV, but I have a nasty feeling ...
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Inchcape Retail use Facebook to communicate voluntary benefits
Inchcape Retail is using Facebook to communicate its voluntary benefits plan, Inchcape Employee Advantages Scheme, to its 5,600 employees.The automotive distributor and retailer is using the social networking site after an employee benefits survey indicated staff would respond positively to it. The firm also ran a series of focus groups ...
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Mills and Reeve to launch voluntary benefits
Mills and Reeve is to launch an employee discounts scheme and discounted gym membership on 1 August.The law firm has provided a discounted shopping website for the past six years through provider Perkz but decided to offer a wider selection.Samantha Neaves, reward and HR information systems manager at Mills and ...
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Spirit Pub Company promotes Sarah Bell
Spirit Pub Company has appointed Sarah Bell head of reward after its de-merger.Bell’s previous role at the group was reward manager, following eight years as reward manager at Capital One Bank Europe.Read more about reward and benefits jobs
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Busy Bees Benefits expands product range
Busy Bees Benefits has expanded its product range to include a car care scheme, a bikes-for-work scheme, and a tickets and hospitality service.The car care scheme can be offered by employers to help staff save money on car repair and maintenance costs. If an employer operates its childcare voucher scheme ...
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Fair Care launches pensions auto-enrolment product
Fair Care is to launch a product in August to help employers and staff manage the auto-enrolment and compliance issues associated with the 2012 pension reforms.Smart Pensions, designed for use with plans that operate salary sacrifice arrangements, can be added to the provider’s flexible benefits product. It will help with ...
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Locog appoints Sasha Brenner
The London Organising Committee for the Olympic Games (Logoc) has appointed Sasha Brenner benefits and policy manager.She moves from Sainsbury’s where she was benefits and reward policy manager for three years, as part of the secondment programme that helps Sainsbury’s staff join Locog alongside its role as key sponsor of ...
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Nationwide Building Society appoints Carol Hosey
Nationwide Building Society has appointed Carol Hosey head of reward and recognition.Her previous roles include group head of employee pay policy and benefits at Lloyds Banking Group, interim head of compensation and benefits at Skandia, and interim group head of compensation at HSBC Insurance Brokers.Read more about reward and benefits ...
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Aon Hewitt research: Employee healthcare costs on the rise
Employee healthcare costs have risen by over 50% in the last five years, according to Aon Hewitt's Benefits and Trends Survey.The research, involving 480 UK employers, found 69% want to reduce costs, and 67% have experienced rising healthcare premiums. Nearly one-third of employers plan to revise their healthcare perks to ...
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News analysis: Should Pies be banned?
The government wants to crack down on incentivised transfer exercises in workplace pensions, but some experts oppose a ban, says Nicola SullivanPensions minister Steve Webb has urged a crackdown on the use of enhanced transfer values (ETVs) when employees move from defined benefit (DB) to defined contribution (DC) pension schemes.ETVs ...
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Adidas adds perks to voluntary benefits scheme
Adidas has added a dental plan, travel insurance, critical illness insurance and life assurance for employees’ partners to its voluntary benefits scheme.The new benefits, launched on 1 July, are all available to staff and their families. The firm already offered life assurance for employees but has added optional cover for ...
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Employee Benefits Awards 2011: Most effective use of a voluntary benefits plan
WINNERCancer Research UK, CR-UK RewardsThe judges were impressed by this charity organisation’s belief that, if at first you don’t succeed, try, try again. When Cancer Research UK’s previous voluntary benefits scheme suffered from very low take-up levels, a lack of promotion and a sign-up process that seemed to discourage staff ...
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Employee Benefits Awards 2011: Most effective use of a flexible benefits plan
WINNERCisco, i-Benefit@Cisco entered by Thomson Online BenefitsCisco was the outright winner in this category because of its input from top leadership, the speed at which the new package was delivered to staff, its focus on aligning its employee profile and business brand, and the impressive savings worth more than £1 ...
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Employee Benefits Awards 2011: Most effective travel strategy for business and perk car drivers
WINNERInterserve Project Services, Fleet Carbon Reduction Scheme entered by The Miles ConsultancyThis entrant’s UK car strategy is closely aligned with its business needs to provide transport for almost 1,300 drivers, as well as its corporate social responsibility goals to reduce greenhouse gas emissions. Almost all the fleet is classified as ...
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Employee Benefits Awards 2011: Most effective pensions strategy
WINNERInstitution of Civil Engineers entered by SecondsightThe Institution of Civil Engineers Group dealt with the closure of its final salary pension scheme in a fair and responsible way, while taking into account employees’ negative reactions to the changes. Generous employer-funded contributions were offered for members to sweeten the pill for ...
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Employee Benefits Awards 2011: Most effective sickness absence management strategy
WINNERCisco, i-Benefit@Cisco entered byThomsons Online BenefitsAs winner of this category, Cisco demonstrated the implementation of a sickness absence management scheme that reduced the high number of staff on long-term sick leave and tackled the underlying causes of ill-health.With a high-performing culture and long working hours, Cisco was affected by high ...
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Employee Benefits Awards 2011: Most effective motivation or incentive strategy
WINNERThe Pensions Trust, Rewards and Benefits ProgrammeA key part of this entrant’s people strategy is what it describes as the deal between the employer and the employee. This refers to what it means to work for The Pensions Trust and the benefits of the employment relationship for both parties. A ...
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Employee Benefits Awards 2011: Most effective benefits strategy for working parents or carers
WINNERUniversity of Lincoln, UOL Total Reward and WellbeingThe clear winner in this category, this entrant proved that public sector funding is not an obstacle to offering a wide scope of benefits to achieve a healthy work-life balance.The diverse workforce at the University of Lincoln includes a number of people with ...
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Employee Benefits Awards 2011: Most effective all-employee share scheme strategy
WINNERMarks and Spencer, Sharesave 2010 entered by EquinitiThe tough economic climate, coupled with the Treasury’s decision to remove the bonus on three-year sharesave schemes, prompted Marks and Spencer to review its scheme to ensure it continued to be valued as an employee benefit.he company took the bold step of stripping ...
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Employee Benefits Awards 2011: Most effective reward or benefits strategy for staff based outside the UK
WINNERQuintiles, EMEA total reward statements entered by EdenredThe pharmaceutical firm bravely took on the challenge of delivering international total reward statements cost-effectively and in a short timeframe.A three-tiered approach enabled Quintiles to deliver the appropriate statements in various countries. Unusually, the analogy used to convey messages around reward was milk. ...