All Benefits technology articles – Page 106
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Article
New analysis: Just rewards at the top?
With executive remuneration policies in the spotlight, the role of benefits consultants is also under scrutiny...As shareholders come under pressure to monitor companies’ remuneration policies, employers are finding it harder to win the vote on changes to executive reward. Institutional investors are also being pressed to ensure executive reward at ...
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Article
UPM chooses Capita Hartshead as single DB/DC admin provider
UPM has appointed Capita Hartshead as administrator for its two pension schemes. The schemes have a combined membership of just over 3,500, split approximately two-thirds/one-third between the defined benefit (DB) and defined contribution (DC) schemes.Girish Menezes, Capita Hartshead business development manager, said: “UPM has two pension schemes, both DB and ...
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Analysis
Human capital management can add value to an organisation
Good human capital management can add real value to an organisation, explains Nicola SullivanThis recession has brought an almost unprecedented interest in the link between an organisation’s financial performance and the way its employees are rewarded and managed. As failed financial institutions have found enough money in the pot for ...
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Article
Southampton City Council launches HR system
Southampton City Council has implemented a new HR system to give its employees more control over their HR and payroll services.Developed in conjunction with Capita, the new system, which went live at the beginning of the month, includes a HR portal that allows staff to have access to information on ...
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Article
Noble Foods meets flexible benefits needs with new software
Noble Foods has switched its flexible benefits scheme to a new software platform and relaunched the plan to its 450 staff, after its existing provider struggled to handle the package's complexities.The egg supplier has also removed some of the less popular options from the scheme and implemented a new communication ...
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Article
Mercer turns to Staffcare software for flex platform
Mercer has signed an agreement to use Staffcare employee benefits software to support its flexible benefits and total rewards administration business, replacing an existing deal with Vebnet.Tony Morgan, head of client management for Mercer's UK benefits outsourcing business, said: "We had previously signed a framework agreement with Vebnet, but we ...
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Article
Buyer's guide to self-service systems (April 2009)
Self service HR is helping to reduce administration but must be controlled carefully, says Nicola SullivanWhat are self-service HR systems?Self-service HR systems allow both managers and employees access to a variety of electronic information and data relating to a variety of areas, including pay, holidays, expenses, performance and absence. Such ...
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Article
Aviva improves reward provision
Insurance group Aviva has launched a benefits website, online total rewards statements and a recognition scheme ahead of the firm's rebranding in June. The firm will also move to a flexible benefits scheme to coincide with the rebrand.
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Article
Law firm introduces HR self-service and better capital management reporting
Browne Jacobson has implemented a new human capital management system, allowing employees self-service access to a number of functions, including HR records and holiday requests.The Midlands-based law firm brought in the software, provided by COA Solutions, to store, update, access and process HR and payroll information more efficiently and accurately. ...
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Article
Wrongly approved expense claims cost UK business £2bn
Wrongly approved staff expense claims are costing UK businesses an estimated £2bn according to research conducted by GlobalExpense.The 2009 GlobalExpense Employee Expenses Benchmark Report, highlighted that 11% of all claims should not be approved by managers because the items purchased are not covered by company policy.In addition the report estimated ...
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Article
White & Case introduces new HR and payroll system
Law firm White & Case is to introduce a new HR and payroll system that will gather data on sickness absence, benefits spend and turnover, help to manage staff holidays, and improve the efficiency of processes relating to pay and expenses.The in-house system, provided by Sage HR and Payroll, will ...
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Analysis
The evolution of benefits technology
Advances in technology have revolutionised the delivery of benefits in recent years and the evolution process is continuing, says Victoria Furness.The past decade has seen a huge leap in the evolution of technology. Devices that would have seemed fanciful 10 years ago, such as iPods, digital cameras and increasingly sophisticated ...
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Case Studies
Parity revamps benefits technology
Introducing a flexible benefits scheme gave IT firm Parity the opportunity to revamp the technology behind its perks.Before introducing flex, Parity relied on Excel spreadsheets to administer perks and HR managers had to manage staff data manually. Sarah Cook, HR director, says: “We can all go in and instantly see ...
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Analysis
Optimising the value of benefits
In tough times, optimising the value of benefits will boost staff appreciation and engagement, but does not have to cost the earth, says Debbie LovewellAs the recession takes a stronger grip across the UK, cash-strapped consumers fearful for their jobs are on the hunt for whatever bargains they can find. ...
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Article
Heath Lambert launches off-the-peg benefits product
Heath Lambert has launched an off-the-peg total reward and benefits solution for employers.Its Benefits Box product offers a menu-style service that enables employers to select the type of benefits and level of cover they require for their staff at a fixed price.The service has been designed with small- to medium-sized ...
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Article
Buyer's guide to flex admin systems (February 2009)
Reduced costs and improved technology means employers can now expect more from flexible benefits administration systems, says Tom WashingtonImplementing a flexible benefits plan can be a time-consuming and costly task for any employer. Behind every flex programme is its administration system - a cog in the machine that because of ...
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Analysis
Employers should check cost-effectiveness of benefit advisers' commission
Benefits advisers can be remunerated in various ways, so employers should check the cost-effectiveness of how they pay for their services, says Sam BarrettThe advice and support required to implement a well-designed benefits package that fits an organisation’s business strategy, meets the needs of its employees and offers value for ...
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Article
Delivering a successful international benefits strategy
An international benefits strategy requires clear objectives and a focus on common ground rather than on the differences between countries, says Peta HodgeOn paper, the idea of having an international benefits strategy, that delivers consistency to the perks offering of a multinational, seems simple. But when looking to put such ...
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Article
What to consider when selecting a voluntary benefits provider
Cost, communications expertise and the provision of management information services are among the factors to be considered when choosing a voluntary benefits provider, says Nicola SullivanTo read the full Employee Benefits Voluntary Benefits and Salary Sacrifice 2008 supplement, Click hereMain article:Voluntary benefits schemes are often seen as the icing on ...
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Article
Emap switches flexible benefits provider
Emap is switching its flexible benefits provider to improve HR efficiency and make the scheme more accessible for staff.The publisher will outsource its flex provision for 1,400 eligible employees to NorthgateArinso, which also administers its HR and payroll, from 1 January to give staff access to benefits and HR on ...