All Events articles – Page 23
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Employee Benefits Live: BP engages generation Y
The adoption of new technology by generation Y has led many employers, including BP, to update their benefits and hiring programmes, primarily by moving these online.Key traits exhibited by generation Y include: flexibility, a willingness to relocate, a strong desire to achieve, pushiness and ambition.Speaking in a session titled ‘Are ...
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Employee Benefits Live: Reward for FTSE 100 executives has almost doubled in five years
The remuneration package of FTSE 100 executives has almost doubled in five years which has raised questions over whether reward is matched with company performance.During his session on creating reward packages for high earners at Employee Benefits Live, Stephen Cahill, a member of the Chartered Institute of Personnel and Development ...
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Employee Benefits Live: British Airways consolidates healthcare schemes into self-funded plan
British Airways (BA) introduced a self-funded health plan in order to create a tailored healthcare benefit for its employees.†Speaking on day two of Employee Benefits Live, Janine Sparks, reward consultant at BA, explained that, following a strategic review, the airline chose to consolidate its previous disparate healthcare schemes into a ...
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Employee Benefits Live: Level of pay awards could rise in 2012 but pace will be slow
Levels of pay awards could rise in 2012 but the pace will be slow, said Ken Mulkearn, editor of the IDS Pay Report, in his session at Employee Benefits Live 2011.Outlining the latest picture on basic pay awards, Mulkearn showed that 3% has been the single most popular pay rise ...
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Employee Benefits Live: Employers should consider the needs of low paid staff
Stephen Bevan, director of the Centre for Workforce Effectiveness, at The Work Foundation, sheds light on the needs of low paid staff during the age of austerity.Addressing delegates during his keynote session on the second day of Employee Benefits Live 2011, Bevan said there were 10 million workers in the ...
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Employee Benefits Live: Top strategies for controlling pension costs
Opting for full systems automation, not having too many investment managers and looking carefully at legal costs are the top three strategies for controlling pensions costs, according to Penny Green, chief executive of Saul Trustee Company and managing director of STC Pensions Management.Speaking in the same panel debate on effective ...
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Employee Benefits Live: Ceva Logistics reduces absence following launch of recognition scheme
Ceva Logistics has improved sickness absence levels following the introduction of a recognition programme.Speaking at Employee Benefits Live 2011, Nik Butcher, head of reward at Ceva, explained that a staff survey showed that there were low levels of engagement within the organisation and that employees required appreciation from their employer.Ceva ...
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Employee Benefits Live: Vodafone focuses on employee engagement
Vodafone has increased its focus on employee engagement and communications to enhance employees’ experience of its flexible benefits scheme.Speaking at Employee Benefits Live 2011, Alissa Davis UK reward manager at Vodafone, explained how, following a staff survey in 2011, the telecommunications firm realised there was a lack of understanding and ...
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Employee Benefits Live: Benefits managers should know as much as their corporate advisers
Benefits managers should ensure they know as much as their corporate advisers do about how to search the market.Speaking in the session ‘How to carry out a benefits review and tender process’, Jane Richards, group HR – remuneration and benefits at The Royal Bank of Scotland Group, drew on her ...
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Employee Benefits Live: McDonald’s Restaurants and John Lewis Partnership make TRS relevant to diverse employee groups
McDonald’s Restaurants and the John Lewis Partnership have been using technology to make their total reward statements (TRS) relevant to their mobile and diverse employee bases.Neal Blackshire, benefits and compensation manager at McDonald’s Restaurants, and Jon C White, manager, leisure activities, leisure benefits at John Lewis Partnership, shared their experiences ...
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Employee Benefits Live: Google focuses on emotional wellbeing to make staff healthiest on the planet
Emotional wellbeing is the most important part of making Googlers the healthiest employees on the planet.During the opening keynote session of Employee Benefits Live 2011 on 27 September, Oli Husemeyer, Europe, Middle East and Africa (EMEA) lead for ‘Optimize your life’ at Google, said that helping employees build emotional resilience, ...
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Employee Benefits Live: Dairy Crest successfully closed final salary scheme to future accrual
Dairy Crest closed its defined benefit (DB) scheme to future accrual, a move which saved the firm £700 million in future liabilities.Addressing delegates attending Employee Benefits Live 2011, which kicked off 27 September at the Business Design Centre in Islington, Rob Tansey, group HR director at Dairy Crest, spoke of ...
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Secondsight to raise funds for Kenyan schools at Employee Benefits Live
Employee benefits adviser Secondsight will be raising funds for two Kenyan schools at Employee Benefits Live 2011.After a trip to Kenya, one of the firm’s partners, Darren Laverty, pledged to support the Amani Junior Academy and the Showers of Blessings school, both situated in Watamu, two hours north of Mombassa, ...
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Employee Benefits Live: ICE Group closes DB pension scheme and saves money with new GPP
Since the Institute for Civil Engineers (ICE Group) closed its defined benefit (DB) pension scheme to future accrual and launched a group personal pension (GPP) scheme in 2010 it has saved £240,000 and reinvested in new benefits.Speaking at Employee Benefits Live, Ethan Kelly-Wilson, project director, human resources, ICE Group, said ...
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UK Healthcare to launch cash plan at Employee Benefits Live
UK Healthcare will be introducing a corporate health cash plan at Employee Benefits Live, which will be held on 27 and 28 September at the Business Design Centre in London.The plan has been developed for organisations with over 50 employees, and starts at £1 per employee per week.UK Healthcare is ...
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Employee Benefits Awards 2011: Most effective healthcare and wellbeing strategy for organisations with fewer than 1,000 staff
WINNERCA Technologies, Balance Your LifeThis technology firm launched its wellness programme, Balance Your Life, in May 2009 for its 790 UK employees, because it saw a need to introduce a programme to combat steadily increasing healthcare costs resulting from higher-than-average claims for its sector. It also wanted to address the ...
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Employee Benefits Awards 2011: Most effective healthcare and wellbeing strategy for organisations with more than 1,000 staff
WINNERAmerican Express Services Europe, Healthy LivingStrategy and ProgrammeThis entrant won this category in recognition of the work it has delivered to employees in promoting health and wellbeing as a global strategy.American Express began implementing its Europe, Middle East and Asia (EMEA) Healthy Living Strategy and Programme in February 2010 and ...
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Employee Benefits Awards 2011: Communications strategy of the year for organisations with fewer than 5,000 staff
WINNERSage UK, Select entered by Thomsons Online BenefitsAs a business management software firm, Sage UK’s employee demographics presented it with a number of communications challenges. It has a diverse employee base working in customer services, sales, research anddevelopment, IT and central functions, and needed communications that could break through the ...
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Employee Benefits Awards 2011: Communications strategy of the year for organisations with more than 5,000 staff
WINNERSiemens, Siemens Benefits Scheme entered by Towers WatsonSiemens was the clear winner in this category for its innovative and clear strategy in communicating its pension scheme. Its ‘Don’t be a Wilf” campaign, which the judges called fun, engaging and memorable, centred on Wilfred Wrongturn, a hapless cyber pensioner.Wilf was introduced ...
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Employee Benefits Awards 2011: Most effective benefits strategy for organisations with fewer than 1,000 staff
WINNERThe City and Guilds of London Institute, Imagine entered by Thomsons Online BenefitsThis entrant offered a creatively branded benefits package via an online portal to support its objectives and business transformation. The strategy also had to address union demands relating to pay at a time when City and Guilds could ...