All articles by Jennifer Paterson – Page 120
-
Article
Intelek appoints pension schemes administrator
Intelek has appointed HS Administrative Services, part of Goddard Perry Consulting, to its defined benefit (DB) and defined contribution (DC) pension schemes.The schemes, which have assets over £22 million, were previously administered by Multiplex.Intelek, part of US-based Teledyne Technologies, provides electronic subsystems and instrumentation for aerospace, defence electronics, digital imaging, ...
-
Article
One-third of respondents will use existing pension for auto-enrolment
Over one-third (36%) of respondents plan to continue using their existing pension scheme to comply with auto-enrolment obligations, according to research by JLT.The JLT 250 club research is based on the views of 250 employers with workforces ranging from 500 to over 3,000 employees.It also found:31% of employers do not ...
-
Article
Morneau Shepell acquires SBC Systems
Canadian firm Morneau Shepell has acquired SBC Systems Company.Through the acquisition, the provider of pensions and benefits will be a part owner in SBC Systems UK.James Markham, managing director at SBC Systems UK, said: “The SBC Systems UK management team sees significant opportunity in partnering with a large player in ...
-
Article
Capita to acquire Aviva UK Health’s occupational health business
Capita is to acquire Aviva UK Health’s occupational health business, which provides a range of occupational health services to more than 500 organisations.The business will be integrated into Capita’s range of outsourced health and wellbeing services, which include: health risk management, health screening and surveillance, absence management, employee assistance programmes, ...
-
Article
Employers will have more time to notify staff about auto-enrolment
The Department for Work and Pensions (DWP) has confirmed that employers will have more time to notify their employees about auto-enrolment.The time period within which employers must notify employees about auto-enrolment into a workplace pension scheme has been extended from one week to one month after the employer’s staging date.The ...
-
Article
Private sector pay deals up on 2011
Pay deals in the private sector for 2012 are coming in at higher levels than the median recorded during most of 2011, according to research by Incomes Data Services (IDS).The IDS pay report found the increase was due to higher pay deals in the manufacturing sector, particularly in general engineering, ...
-
Article
EXCLUSIVE: KPMG adds extended holiday purchase and iPad2s to flexible benefits
KPMG has added extended holiday purchase and iPad2s to its flexible benefits plan, and lowered its CO2 emissions through a salary sacrifice car scheme.During its annual flex enrolment in December 2011, the firm extended its holiday purchase from 10 to 15 days so its 12,000 UK employees can take extra ...
-
Article
Ellipse launches new group income protection product
Ellipse has launched a group income protection product that integrates income protection cover with an absence management system, helping to ensure illness and disability in the workplace are managed and mitigated.The product, InteractPlus, includes a built-in absence management service by Absere, and several specialist medical providers.It aims to reduce the ...
-
Article
World Vision UK introduces discounts scheme and switches childcare voucher providers
Exclusive: World Vision UK has introduced an online employee discounts scheme and switched childcare voucher providers.The discount scheme, provided by Wider Plan, is available to all of the charity’s 200 UK staff.Marlene Smith, payroll and benefits specialist at World Vision, said: “We wanted to give staff more spending power in ...
-
Analysis
Health cash plans: How to select the right plan for staff
If you read nothing else, read this… Health screenings, online risk assessments and medical questionnaires are first-step options to determine employees’ health profiles before introducing a health cash plan. Including relevant and valued health benefits in the cash plan will boost staff engagement and ensure a higher return on investment. ...
-
Article
Sherwood Forest Hospitals renews contract for salary sacrifice car scheme
Sherwood Forest Hospitals NHS Foundation Trust has renewed the contract for its salary sacrifice car scheme.Its mycar scheme, which was introduced three years ago and is provided by Leasedrive Group, enables employees to save on tax and national insurance by paying for their cars through a salary sacrifice arrangement.Anne Burton, ...
-
Article
Capgemini renews fleet contract and focuses on sustainability targets
Capgemini has renewed its fleet management outsourcing contract with Leasedrive and is focusing on sustainability targets.The consulting, technology and outsourcing firm offers a salary sacrifice car scheme to its 3,500 UK employees, who can opt into the scheme anytime throughout the year.Capgemini is also working with Leasedrive on achieving its ...
-
Case Studies
Case study: Barhale builds flexibility into health cash plan
Construction company Barhale has built a health cash plan from scratch to suit its workforce.The firm offers its 600 senior staff a private medical insurance (PMI) scheme, but it has also introduced Westfield Health's Mosaic cash plan, using intermediary PMI Health, to provide healthcare benefits for its 400 weekly-paid staff.The ...
-
Article
Saving money is top reason staff choose salary sacrifice arrangements
Cost saving is the main reason that employee drivers are attracted to salary sacrifice arrangements, according to research by fleet management firm Zenith.The research found that 41% of employees ranked the potential savings that could be made via salary sacrifice arrangements as their most appealing feature, while 11% chose the ...
-
Article
GKN introduces voluntary benefits scheme after review
Global engineering group GKN has introduced a voluntary benefits scheme after a review of its benefits structure.The firm has introduced GKN Advantage, provided by BHSF, which includes: legal and counseling services, a health cash plan, and childcare vouchers and a bikes-for-work scheme via salary sacrifice arrangements.The scheme is open to ...
-
Article
Money Advice Service launches financial education campaign
The Money Advice Service (MAS) has introduced a financial education campaign called Fresh Start, which promotes spring as the ideal time for employers and employees to focus on money and financial issues.The MAS has emailed the 1,300 employers it works with to flag up its range of online resources.These include ...
-
Article
Union to ballot Transport for London staff on strike action around annual leave during Olympics
Transport for London (TFL) employees will be balloted by the union for the rail, maritime and transport (RMT) industries for strike action around annual leave during the London 2012 Olympic and Paralympic Games.RMT said that TFL’s plan to ban annual leave during the games in at least one department will ...
-
Article
UK absence management approach is increasing risk
Employers’ current approach to absence management is heightening employer and employee risk, according to a report by group risk insurer Ellipse and Dr Cary Cooper, professor of organisational psychology and health at Lancaster University.The report, Sick notes: How changes in the workplace and technology demand a rethink of absence management, ...
-
Article
Employers to review fuel reclaims process in 2012
Two-thirds of respondents will review their fuel reclaims process in 2012, according to a survey by ALD Automotive and YouGov.The survey, which polled UK organisations employing between 500 and 999 employees, found that employers are taking the threat of prosecution from HM Revenue and Customs (HMRC) more seriously, and are ...
-
Article
HSBC staff log 63,000 volunteer days for Earthwatch
Global bank HSBC’s employees have logged in more than 63,000 volunteer days over the past five years for the charity Earthwatch.Since the launch of its employee engagement programme in 2007, more than a third of HSBC’s global workforce have engaged with climate change issues, through online learning modules, one-day local ...