All articles by Jennifer Paterson – Page 109
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Article
Group head role at Eurasian Natural Resources for Stuart Nolan
?Eurasian Natural Resources has appointed Stuart Nolan group head of reward.His previous roles in the industry include: group reward director at Dixons Stores Group; head of reward at Experian International; and international compensation and benefits manager at Sereno International.Nolan also spent seven years at NatWest in a variety of roles, ...
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Article
EXCLUSIVE: Lloyd's Register hosts health and wellbeing day
Lloyd’s Register hosted a health and wellbeing day for its 600 London head office staff in April and posted the day’s presentations and leaflets on its intranet page for its 8,000 global employees.The event, branded ‘Keeping pressure positive’, included workshops and presentations, hosted by Roodlane Medical, on topics such as ...
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Article
EXCLUSIVE: Overbury launches bikes for work to mitigate challenges of Olympic commute
Overbury has launched a bikes-for-work scheme to mitigate the challenges of commuting during the London 2012 Olympic and Paralympic Games.The office refurbishment firm has 170 staff based near Oxford Street in central London. Annabelle Jane, facilities manager at Overbury, said: “We started thinking about it because of the Olympics. It ...
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Article
Belgian employees happiest in the workplace
?Belgian employees (77%) are most satisfied and motivated in the workplace, followed closely by German (74%) and UK (63%) staff, according to research by Edenred.The research, Wellbeing at work and employee motivation, covered six European countries – Belgium, France, Germany, Italy, Spain and the UK – with 300 respondents in ...
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Article
EXCLUSIVE: Baker and McKenzie introduces flexible benefits scheme
Baker and McKenzie has introduced a flexible benefits plan, through which it has implemented a salary sacrifice arrangement for its group personal pension, travel insurance, foreign currency exchange and a concierge service.The BakerBenefits scheme, provided by Thomsons Online Benefits, offers the law firm’s 800 UK staff all their benefits in ...
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Article
Matthew Johnson joins Adecco
?Adecco has appointed Matthew Johnson head of compensation and benefits.Previously, he spent six years at Steria, initially as reward manager and later as head of reward. Johnson says: “At Steria, I was responsible for the full spectrum: compensation, bonus, shares, benefits and pension.”He also spent three years at BDO as ...
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Article
EXCLUSIVE: Goodman Masson sees 19% take-up of contributory mortgage fund
Goodman Masson has seen 19% of its 140 employees take up its contributory mortgage fund since it was introduced as part of a new flexible benefits scheme in January 2012.The firm has included a variety of other savings benefits for staff within its Benefits Boutique flex scheme, which was designed ...
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Analysis
Managing the health and wellbeing of employees overseas
If you read nothing else read this… Where possible, multinational employers should choose a single provider for healthcare provision. Using an online portal can help ease the challenges of managing health and wellbeing benefits from a central location. EAPs and health screening can be offered internationally.It is becoming easier to ...
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Article
Buyer's guide to pension modelling tools
Key factsWhat are pension modelling tools? These are interactive tools that help staff understand what they need to save for their retirement and how to achieve their goals. The tools calculate an estimated retirement income based on factors such as retirement age, current contributions and investment strategy.Where can employers find ...
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Case Studies
McDonald's had own bike scheme
McDonald’s Restaurants ran a bikes programme in May and June 2007 in response to staff feedback. Its ‘On your bike’ scheme, which was not part of the government-sponsored bikes-for-work scheme, enabled staff to buy a range of bikes and accessories at discounts of up to 60%.The restaurant chain has 70,000 ...
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Case Studies
Virgin staff offered bike choices
Virgin Media launched its first bikes-for-work scheme, Ride2Work, in November 2011 after a staff survey showed it was the most popular choice of possible new benefits.The telecoms firm gives staff a range of choices at the end of the scheme’s hire period. At the end of the 12-month contract, ownership ...
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Article
Interview with Rosemary Mounce, group pensions manager at Arup Group
Rosemary Mounce, group pensions manager at Arup Group, is a keen yachtswoman who has steered pensionchanges and developments through a number of organisationsA pensions expert with a passion for sailing, Rosemary Mounce, group pensions manager at Arup Group, has been navigating the winds of change in the industry for nearly ...
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Analysis
Top 10 reasons to introduce a bikes-for-work scheme
If you read nothing else, read thisBikes-for-work schemes can have a number of advantages for employers and staff.Through such schemes, employers can loan bikes and accessories to staff with payment made via a salary sacrifice arrangement, which results in tax savings for the employee, and national insurance savings for the ...
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Article
BAE Systems introduces occupational health and wellbeing facility
BAE Systems has opened an occupational health and wellbeing facility at its military air and information site in Samlesbury.The facility is reflective of the defence, security and aerospace firms’ aim to adopt a holistic approach to the health and wellness of its 4,000 staff.It provides a range of services for ...
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Article
The Pensions Regulator publishes guidance on DB pension funding
The Pensions Regulator (TPR) has published guidance on how funding valuations should be approached in the current economic climate.It applies to approximately one-third of the UK’s 6,500 defined benefit (DB) pension schemes, and about 4 million of the 12 million DB memberships. The guidance is aimed at employers and trustees ...
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Article
Co-operative Employee Benefits links with Co-operative Bank to launch current account benefit
Co-operative Employee Benefits has linked with The Co-operative Bank to allow employers to offer staff access to the bank’s Current Account Plus, with a £100 cashback.To qualify for the £100 cashback, employees must open a Current Account Plus before 31 December 2012, use the dedicated switching service to transfer a ...
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Article
Westfield Health launches hospital treatment insurance
Westfield Health has launched hospital treatment insurance that offers employees access to more than 1,300 surgical and medical procedures.The cover, which starts at £1.24 per employee per week, enables employees to receive treatment at any hospital in the UK where private treatment packages are available.The range of procedures covered include ...
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Article
The Legitas Group pilots Nest for temporary staff
The Legitas Group is piloting the national employment savings trust (Nest) with a group of temporary staff in response to the incoming pension reforms.The professional services provider to temporary employees began piloting the scheme in February, a full year ahead of its staging date in February 2013.The group has also ...
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Article
BAA pension scheme goes from surplus to deficit
The BAA Airports defined benefit (DB) pension scheme has moved from a surplus of £38.7 million at 31 December 2011 to a deficit of £103.3 million at 31 March 2012.The airport operator, which includes Aberdeen, Glasgow, Heathrow, Stansted and Southampton airports, reported the funding change in its first quarter results.It ...
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Article
East Midlands Trains to reduce employees’ DB pension contributions
East Midland Trains will reduce its employees’ pension contributions, after an independent pension valuation.FromJuly 2012, employees will be paying less into their final salary pension scheme.However, members of the Associated Society of Locomotive Engineers and Firemen (Aslef) voted to take strike action on 1, 3, 8, 10, 15 and 17 ...