All articles by Clare Bettelley – Page 21
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Case Studies
Employee benefits at Centrica
Overview of CentricaCentrica was born out of a demerger from British Gas in 1997. The group now comprises British Gas, Centrica Energy, Direct Energy, Centrica in Europe, Centrica Storage and Dyno.The group reported operating profit of £992m for the six months to 30 June 2008, down from £1.2bn in the ...
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Analysis
Minimise your corporate tax on company car fleets
Executive Summary New capital allowance rules come into effect next April and all cars will be taxed according to the level of carbon dioxide they emit per kilometre. Rental disallowance will be set at a flat rate of 15% for cars emitting 160g/km or less of carbon dioxide, regardless of ...
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Analysis
The role of reward during a recession
EXECUTIVE SUMMARY Benefits are an obvious target for a cost review, with many employers still not maximising the savings on benefits. It is better to be innovative about adjusting existing policies than removing benefits that are contractual. Most employee contracts are structured with enough flexibility to enable companies to tweak ...
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Article
New perks at Misys drive change strategy
Despite the costs, Misys' finance chief, Jim malone, sees benefits harmony as a way to help younger staff get a more rounded package, says Clare BettelleyMisys suffered a £400,000 hit to its income statement in 2006/7 as a result of overhauling its employee benefits package. But the cost was half ...
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Case Studies
Employee rewards and benefits at Lloyd's
Clare Bettelley speaks to Luke Savage about insurance market Lloyd’s titanic battle to retain employees at the not-for-profit CorporationThe challenge in attracting staff to Lloyd’s, the specialist insurance market formally known as Lloyd’s of London, is compounded by the fact that it is a not-for-profit organisation and lacks the ability ...
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Analysis
The importance of benefits and reward during mergers and acquisitions
With many a merger and acquisition floundering on the basis of benefits' liabilities, Clare Bettelley puts together an action plane to help avoid M&As being scupperedExecutive Summary Some 50% of M&A deals fail because of employee benefits and the differences in the reward arrangements between the two firms. Shares are ...
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Analysis
Targeted communications can boost benefits take-up
Segmenting employees can help employers target communications in order to boost benefits take up, says Clare BettelleyEmployees are rarely the same. What appeals to one is unlikely to have the same pull for another. Similarly, the way that staff engage with the benefits package offered by their organisation, and respond ...
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Analysis
Hiscox ensure staff value their employee benefits
Specialist insurance firm Hiscox has spent the last six years consolidating perks and emphasising calue, says Clare Bettelley.Hiscox group finance director, Stuart Bridges, cites the equality and transparency of his company's employee benefits as key to their take up, which no doubt explains why staff costs constitute 40% of the ...
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Analysis
FDs lack data to asses real risk of staff absence
Healthcare perks are increasingly being used by people managers to fend off the blights of sickness absence, but FDs lack hard data to assess the real risk to business, says Clare BettelleyPublicly-listed companies are under increasing investor pressure to maximise the transparency of their businesses and return on investments, yet ...