All Benefits technology articles – Page 107
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Article
TUI Travel completes first phase of its journey to benefits harmonisation
TUI Travel has completed the first phase of its move towards benefits harmonisation 12 months after it was created following a merger between First Choice Holidays and the tourist division of TUI, owner of Thomson Holidays.Harmonisation of the terms and conditions of the 19,000 employees in the company's UK and ...
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Article
Norwich Union renews annuity and payment contract
Norwich Union has renewed its contract with Xafinity Paymaster to provide administration and payment services for the annuity part of its business for a further five-to-10 years.Norwich Union hopes to improve customer service by further integrating and automating its payment processes, as well as providing effective administration for an increasing ...
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Case Studies
Wolters Kluwer harmonises pension schemes into one GPP
Wolters Kluwer made its pension benefit more competitive by consolidating five separate schemes, resulting from a spate of acquisitions, into one group personal pension plan (GPP).The money the company saved on administration costs enabled it to increase its pensions contributions by an average of 2 percent for each employee who ...
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Article
Thomsons Online Benefits launches tool to monitor perks' spend
Thomsons Online Benefits has developed an online data collection service that helps employers monitor their spending on perks.The service, Dashboard, is exclusive to Thomsons Online Benefits' clients, and offers a clear idea of which perks are being used by staff. It is the latest product to be launched from the ...
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Article
JLT Benefit Solutions to launch online benefits platform
JLT Benefits Solutions (JLT) is to launch an online benefits platform to provide employers web-based communication and benefits management.The online platform will deliver advice, as well as procurement and administration services. The technology will also be able to be licensed and implemented into employer organisations and product providers.Duncan Howarth, managing ...
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Article
Buyers guide to Total reward statements
Total reward statements outline the value of financial benefits, as well as perks with a less tangible value, says Nicola SullivanTotal reward statements are documents which are used by employers to demonstrate the value of an employee’s total reward package in order to raise awareness of the value of the ...
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Article
Saffery Champness launches online TRS and pensions calculator
Saffery Champness has moved its total reward statements online and launched a pensions calculator for its 340 employees.The accountancy firm wanted to reduce the amount of administration involved in distributing paper-based total reward statements and to give staff† the opportunity access details of their benefits package whenever they wanted.Nigel Boniface, ...
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Article
Nestle implements governance software for four pension schemes
Nestle has implemented governance software for four of its pension schemes.The governance software, provided by eShare, will automatically produce risk registers and manage risk on an ongoing basis.The software will provide a central searchable base of information for trustees, and ensure that information for trustees' meetings becomes more transparent. It ...
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Article
Morrisons improves accuracy of payroll process
Supermarket chain Morrisons is to roll out a computerised employee time and attendance system to its 375 UK stores.Using the new system, staff will use swipe cards and will optimise the firm's time-keeping processes over the store network. It will also assist the retailer's efforts to improve productivity and reduce ...
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Article
Buyers Guide to Pensions administration
David Woods examines the options that employers have around pensions administration and the duties that should be coveredPensions administration is the business of managing the everyday workings of pensions schemes.It is the job of a pensions administrator to protect employees' records, make sure contributions are received on time and invested ...
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Article
Employers examine benefits communication
British businesses must improve benefits administration and communication in order to increase engagement and retention.According to the Current and Future Trends: UK Employee Benefits Report by Jardine Lloyd Thompson (JLT) Benefits Solutions, 55% of businesses communicate benefits to staff less than once a month, while more than a quarter (26%) ...
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Article
Alternative Networks upgrades HR software
Alternative Networks has upgraded its HR software to smooth HR processes and improve data management.The updated software, provided by Snowdrop, will also include a self-service function for employees and line managers, which will promote employee ownership of HR data.Melanie Hayden, HR manager at Alternative Networks, said: "By reducing the paper ...
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Article
Ceridian launches HR and payroll system for SMEs
Ceridian has launched an integrated HR and payroll system for organisations with less than 500 employees.Doug Sawyers, managing director of Ceridian in the UK, said: "UK small-to-medium [sized] enterprises (SMEs) have increasingly complex compliance and administrative challenges, often with scant resources. Having reviewed the market, we felt there was a ...
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Article
Harsco installs new pensions administration system
Harsco, an industrial services and engineering group, has installed a new software system to administer its pension scheme, following a tender process.The five-year contract, which will cover all 7,000 scheme members and 3,000 pensioners, will be provided by Xafinity Claybrook.Lynn Bartrum, group pensions manager at Harsco, said: “We were particularly ...
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Article
Flex switch at Southern
Southern Housing Group has switched flexible benefits providers following an in-house employee survey and a tendering process.The group previously used Xafinity Consulting with a platform from a third-party provider, but it is now using Thomsons Online Benefits.The housing group, which offers holiday trading, critical illness cover, life assurance and childcare ...
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Article
Cadbury in green push
Cadbury Schweppes is offering staff incentives to sign up to bikes-for-work and printing leaflets promoting flexible benefits on recyclable paper, as of part a company-wide green initiative.Suzanne Laverick, UK benefits manager, said: "With flexible benefits, our research has shown people want to take something home to discuss with families. However, ...
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Article
Wolters Kluwer (UK) outsources payroll
Wolters Kluwer UK is to outsource its payroll from May.The firm, which had previously managed its payroll in-house, made the decision to outsource in a bid to cut costs and mitigate risk.ADP Employer Services will †provide a online system for the firm alongside training and development, absence management, performance management ...
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Article
Dartford Borough Council wholly outsources HR and payroll
Dartford Borough Council has become the first UK council to fully outsource its entire HR and payroll function enabling it to meet government efficiency targets.By outsourcing the process, the council will save an estimated £50,000 per year.The first payroll run for the council's 400 employees is scheduled for April. All ...
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Article
Metropolitan Borough of Wirral introduces online absence management
The Metropolitan Borough of Wirral has installed an automated online process for managing sickness absence that cuts out the need to double check and manually record sickness absence.The sickness absence system will enable line managers to process absence claims remotely making the process faster and more convenient. It will also ...
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Case Studies
Reducing absence at Virgin is not pie in sky
Case study: Reducing absence at Virgin is not pie in skyWhen looking to demonstrate a return on its benefits investment, Virgin Group looked at absence levels, recording these both before and after new healthcare benefits were introduced.One of the new benefits provided was an on-site physiotherapist to help employees deal ...