All articles by Debi O'Donovan – Page 22
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Debi O'Donovan, editor of Employee Benefits: Industry leaders prepare for better times ahead
This month, the 11th annual Employee Benefits Live exhibition and conference takes place in London. This huge gathering of reward professionals promises to be the biggest in the event’s history, demonstrating how crucial reward and benefits practices are today.Over the years, I have been regularly asked about trends in the ...
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Rolls Royce staff order 1,659 bicycles
Rolls-Royce (RR) employees have ordered 1,659 bike packages at an average of £700 each, through a cycle-to-work scheme. This equates to £1.16 million worth of bicycles and cycle-related equipment.Richard Grigsby director of Cyclescheme, which runs the Rolls Royce scheme, said: “After a year of planning we were looking forward to ...
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Simon Foster’s new Zurich role
Zurich Financial Services Group has appointed Simon Foster head of its corporate pensions business. He will be responsible for shaping the strategic direction of the business, helping to deliver its growth strategy, while strengthening relationships with key intermediaries and corporate customers. Foster joined Zurich in 1991, since then, he has ...
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Sandy Wilson in handover at Kellogg's
Sandy Wilson is leaving his role as interim European reward director at Kellogg’s this month. Kirsty Leyland, formerly head of reward and recognition at Asda, is now HR director, European reward at Kellogg’s.
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Roger Fairhead at The Pru
Roger Fairhead is joining The Prudential this month. He was previously vice-president, head of international compensation and benefits at Sony Pictures Entertainment.
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Matthew Webb joins Thomson Reuters
Thomson Reuters has appointed Matthew Webb as head of international benefits. Webb, who is due to take up his new role this month, joins the company from his position of head of UK benefits at UBS, where he has worked since 2001. Before that, Webb held an international benefits position ...
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Caroline Pearson appointed at BP
BP has appointed Caroline Pearson as a business partner responsible for reward for staff in the firm’s oil division. Before joining BP in August, Pearson was compensation and benefits manager Europe Middle East and Africa at Macquarie Bank for four years. From 2004 to 2005, she was executive compensation officer ...
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Debi O'Donovan, editor of Employee Benefits: Short-term thinking puts key benefits at risk
Whether we are aware of it or not, benefits packages are undergoing a fundamental restructure that will leave them looking more streamlined, sustainable and affordable.The recession has already forced employers to question the value of the benefits they offer. The good news for us benefits professionals is that there has ...
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Employee Benefits Live: Award winners to speak at conference
Eight employers that won 2009 Employee Benefits Awards will be presenting their case studies during the conference.A ninth award winner, Michael Rose, who won Compensation and benefits professional of the year, will speak on Using total reward to drive employee satisfaction, recruitment and retention.The Employee Benefits Live conference strives to ...
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Employee Benefits Live: Public sector pensions to be debated
A top line-up of pensions experts will debate the future sustainability of public sector pensions in the dedicated public sector stream at Employee Benefits Live.The controversial discussion, to take place at 10.55am on 30 September at the Business Design Centre, Islington, will examine how the sector should react to the ...
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Donald Duval appointed as head of Aon Pension Solution
Industry leader and pensions expert Donald Duval has been appointed head of the Aon Pension Solution, an offering Aon Consulting announced in alliance with Russell Investments in March.For the past 18 months, Duval has acted as managing director of Pensions Consulting at Aon, but having played an integral role in ...
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Employers have critical role to play to deal with looming benefits costs
A report, Transforming Pensions and Healthcare in a Rapidly Ageing World: Opportunities and Collaboration Strategies, published by The World Economic Forum with the support of Mercer and the Organisation for Economic Cooperation and Development (OECD) shows that the ratio of elderly persons to the working-age population will dramatically increase in ...
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Staff who understand reward are more motivated
More than half (57%) of business leaders who feel employees do not understand their reward have seen a drop in employee motivation, according to a study from Drewberry, the employee engagement and research consultancy.The research also found that business leaders who feel employees understand their reward only 23% saw a ...
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Childcare vouchers to be hit by phased withdrawal of tax and NI breaks
Tax and national insurance breaks on childcare vouchers will be withdrawn in stages starting in April 2011.Share your views on this newsEmployees taking up childcare vouchers from April 2011 for the first time will no longer benefit from tax and national insurance breaks, while employees who are existing recipients of ...
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Whitbread perks up defined contribution plan ahead of 2012
Whitbread, the leisure group which owns Costa Coffee and Premier Inns, will extend eligibility for its trust-based defined contribution (DC) pension scheme to an extra 14,000 staff and increase employer contribution rates to between 4.5% and 6% of salary.This announcement, which is partly motivated by the changes to pensions legislation ...
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Debi O'Donovan, editor of Employee Benefits: Fairness in reward is crucial
A key theme that emerging for many reward managers if that of fairness. After years of large City bonuses, eye popping executive pay and an ever-widening gap between the earning power of footballers, fund managers and top TV stars versus the ordinary person in the street, we are now seeing ...
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Employee Benefits Awards raises £9,000 for Samaritans
Donations from employers and advisers entering the 2009 Employee Benefits Awards amounted to £9,000.Suki Dale, senior corporate fundraiser at Samaritans, said: “You've raised a fantastic £17,000 [over the past two years] and increased awareness of Samaritans service, particularly our Worklife training programme so, thanks again Debi, to you and your ...
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Bus drivers strip down to boxers to highlight pay disparity
This week it is employees’ clothes (or lack thereof) that have been getting attention in the workplace. From bus drivers stripping off to candidates wearing the wrong clothes to interviews.On Wednesday 5 August London bus drivers stripped down to their boxer shorts to (as the press release stated) “make their ...
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A third of employers not insured for pandemics
More than a third (36.2%) of employers are not covered for pandemics in their insurance, according to research conducted by the Institute of Payroll Professionals (IPP).The IPP, which conducted the study among its members, states that this is alarming considering the dramatic increase of swine flu cases over the past ...
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UK workers miss out on £171m by ignoring share schemes
UK employees collectively miss out on £171 million of tax breaks annually, by failing to utilise the most tax-efficient employee share schemes, according to Unbiased.co.uk, the professional advice website.There are currently 10,840 companies running a tax-advantaged employee share scheme and of these, 940 are share incentive plans (Sips), which give ...