All Benefits technology articles – Page 96
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Opinion
Mark Polson: Slow take-up for workplace savings platforms
Nonetheless, attitudes have hardened to corporate platforms. One major employee benefits consultant told us recently: “I am not sure we have written a single workplace savings platform scheme.”There are four main reasons for the slow take-up of workplace savings platforms. First, auto-enrolment is crowding all thoughts of shiny new things ...
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Analysis
Bright future for workplace savings platforms
IF YOU READ NOTHING ELSE, READ THIS…Workplace savings platforms can offer a range of savings products.The platform market is young and providers are at various stages of product development.Employee take-up of fi nancial products via savings platforms remains low.Ask most workplace savings providers and employee benefits consultants about the future ...
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Article
Xerox launches total reward portal
EXCLUSIVE: Xerox has launched a total reward portal to provide employers with a straightforward way to provide up-to-date pay and benefits information to their employees.The portal integrates all benefits, including the pension schemes and share plans, into a single dashboard.It also includes personalised total reward statements, summary information of the ...
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Article
Aviva workplace savings platform goes live
Aviva has gone live with its workplace savings platform Work:Life.The platform provides a single online benefits hub where employees can view and select all their benefits, including the pension scheme.Employers can offer benefits from Aviva, such as its group personal pension (GPP) plan, pension tracker and flexible benefits package through ...
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Article
Employers adopt real-time information early
Business software provider M-hance has run real-time information (RTI) pilots with five employers to prepare them for the incoming regulations.The early-adopter organisations are A. Andrews and Sons, AD Group, Edburton Contractors, Norking Alluminium and Randall Orchard.M-Hance has also updated its payroll software to ensure it is compliant with RTI, ensuring ...
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Article
HMRC proposes extra time for RTI reports
HM Revenue and Customs (HMRC) has proposed that employers be allowed an extension for sending in real-time information (RTI) reports.From April 2013, employers will be required to begin to send pay-as-you-earn (PAYE) information to HMRC on, or before, the date the payment is made.However, concerns have been raised that, in ...
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Video
Video — Staffcare auto-enrolment technology event for employers
This video has been supplied by our channel sponsor, Staffcare.Managing the complex administration and compliance requirements of auto-enrolment requires robust yet flexible technology. Staffcare’s Auto-Enrolment Portal can be used with any type of pension, any provider and any HR or payroll system; so it doesn’t matter if things change in ...
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Article
Employers go for global benefits policies
Multinational organisations are looking to increase corporate control and oversight of their employee benefits programmes worldwide, with 90% expecting to have corporate benefits policies in place over the next three years, according to research by Aon Hewit.The 2012 Corporate governance of global employee benefits study, conducted with the American Benefits ...
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Article
CIPP award winners announced
HMV and Oxford City Council were among the winners of the Chartered Institute of Payroll Professionals (CIPP) ninth annual Payroll and Pensions Excellence Awards.The awards took place on 4 October at the Celtic Manor Resort in Wales.The winners included:Team of the year – Oxford City Council.Effective use of a payslip ...
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Article
25 questions you should ask your auto-enrolment technology provider
This article has been provided by our channel sponsor, StaffcareMany auto-enrolment solutions are now starting to hit the headlines. Some are ready, some are still in development, but how many will deal with all the challenges that auto-enrolment brings? Are UK employers underestimating the complexities involved? Will you have the ...
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Article
Oracle launches voluntary benefits
Oracle has launched a voluntary benefits scheme for its UK employees to help them maximise their disposable income.Speaking at the keynote address on 25 September at Employee Benefits Live, Michelle Connolly, compensation and benefits director at Oracle, said: “We can’t change the economic environment, we can’t necessarily change the pay ...
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Article
AAF and McQuay raise discounts take-up
EXCLUSIVE: Air filtration supplier AAF and heating ventilation manufacturer McQuay have seen a third of employees take up their new voluntary benefits scheme since it was launched in May.The two organisations share a UK office of 400 staff and launched a single employee discounts scheme across their workforces.The scheme, provided ...
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Article
Employers plan to increase HR technology spend
A third (31%) of employers are planning to increase their spend on HR technology in the next year, according to research by Towers Watson.The HR service delivery survey, which polled 628 organisations, found that this was being fuelled by a need to continue growth in the organisation and also improve ...
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Article
BT enables staff to transfer sharesave options online
EXCLUSIVE: BT Group has used an online facility for the first time to allow staff to transfer maturing sharesave options to an individual savings account (Isa), the BT pension scheme, or to a spouse or partner.Transfers were previously done manually, but staff can now log into their online share account, ...
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Article
A quarter of respondents do not understand their payslip
Just over a quarter (26%) of respondents do not understand everything on their payslip, according to research by the Chartered Institute of Payroll Professionals (CIPP).The research was conducted in the lead-up to National Payroll Week 2012, which takes place from 3 to 7 September.It also found that 14% of respondents ...
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Article
You at Work chooses Gresham Computing as technology partner
Employee benefits provider You at Work has chosen Gresham Computing as its cash and transaction technology partner for its benefits programmes.Gresham Computing, a provider of transactions control technology to international financial institutions, and You at Work, have been working together for the past five years on various projects, including the ...
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Article
Organisations now planning for real-time information reporting
Planning for real-time information (RTI) reporting of payroll data to HM Revenue and Customs (HMRC) has begun in 86% of organisations, according to a survey by KPMG.Its survey of 42 large businesses in the UK found an increase in the number of organisations preparing for RTI since March this year ...
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Article
Ceredigion County Council replaces payroll system
Ceredigion County Council has appointed Logica to handle the replacement of its payroll system.The mid-west Wales council is replacing the system to ensure it is compliant with HM Revenue and Custom’s real time information (RTI) system for reporting pay, tax and national insurance, which becomes mandatory in April next year.The ...
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Article
PMI Health Group launches Advocate service
PMI Health Group, a provider of employee health risk management, has launched an insurance claims administration and management service to help employers maximise their employee benefits investment.The service, which is run by nurses and administration experts, provides employers with regular reports on how different health and group risk policies are ...
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Article
Mercer appointed to PPF panel
Mercer has been appointed to form part of the Pension Protection Fund (PPF) Specialist Administration Services Panel.The panel will take responsibility for administration services for all schemes entering the PPF. Eight companies have been selected to make up the panel.The Pension Protection Fund was set up to pay compensation to ...