All articles by Jennifer Paterson – Page 126
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Article
EXCLUSIVE: Equiniti Group adds cars and insurance discounts to flex
Equiniti Group has added two company car schemes and an insurance discount scheme to its flexible benefits package.The new benefits, which will launch on 1 January 2012, include: a car-leasing scheme provided by ALD Automotive; a discounted car-purchasing scheme provided by Lloyds Bank; and the Open Door scheme from mortgage ...
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CIPD/Simplyhealth research: Fit notes prompt employers to discuss sickness absence
The introduction of the fit note has prompted employers to hold conversations with their staff around sickness absence and the best ways to get an individual back to work in the case of long-term illness.The Absence management survey, conducted by the Chartered Institute of Personnel and Development (CIPD) and Simplyhealth, ...
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Article
MetLife Assurance research: Half of DB pension members are concerned about the scheme's survival
Half of employees in defined benefit (DB) pension schemes are concerned about the long-term survival of the scheme, according to research by pensions risk transfer provider MetLife Assurance.The research, which surveyed 765 employees and 462 employers, found that 38% of employee respondents are quite concerned about their retirement income. When ...
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Article
HSBC, M&S and Deutsche Bank awarded for engaging employees in sustainability
HSBC's sustainability programme has won the gold award in the ‘Best green employee engagement strategy’ category at the International Green Awards. Marks and Spencer followed in second place and Deutsche Bank won third place.HSBC has worked with non-profit organisation Earthwatch for the past five years to engage its global workforce ...
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Anglian Water rolls out flexible total reward statements
Anglian Water has launched a flexible approach to providing total reward statements as part of its commitment to encouraging employees to lead more sustainable lives.In 2010, the utility provider introduced its Love Every Drop campaign, which included 10 goals and 100 commitments towards sustainability. To support the pledge, switching from ...
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Autumn statement 2011: Government announces review on regional public sector pay rates
Chancellor George Osborne is to ask independent pay review bodies to consider how public sector pay can be made more responsive to local markets.The consultation will report by July 2012.It will apply to all pay review body workforces, with the exception of doctors, dentists, the armed forces, and the judiciary.According ...
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Autumn Statement 2011: Government confirms pension funds to invest in infrastructure projects
Chancellor George Osborne has confirmed a set target of up to £20 billion of investment from British pension funds for infrastructure projects.On 28 November, the government signed a memorandum of understanding with the National Association of Pension Funds (NAPF), the Pension Protection Fund (PPF), and a separate group representing pension ...
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Autumn Statement 2011: Government to consult on anonymised fit note data
The government is to consult on the content of anonymised fit note data to be published from 2012.The published data is aiming to drive innovation in the occupational health sector and improve the management of sickness absence.Read also Government publishes review into sickness absenceRead more news from the Autumn Statement ...
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Government delays auto-enrolment for small employers
Auto-enrolment will be delayed for small employers until 2015.The government has announced that the timetable will be adjusted so that small organisations, with less than 50 employees, will begin automatically enrolling staff in May 2015, instead of the current timing of April 2014.Auto-enrolment will commence for the largest organisations in ...
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Article
Axa UK to put Bluefin Advisory Services up for sale
Following the disposal of its corporate pensions business last year, Axa UK has put Bluefin Advisory Services (BAS) up for sale.The insurance and asset management firm has appointed Fenchurch Advisory Partners to advise on the strategic options for the future of BAS.Bluefin Insurance Group, which is part of Axa UK’s ...
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EXCLUSIVE: Sainsbury’s introduces employee assistance programme
Sainsbury's has coupled the introduction of an employee assistance programme (EAP) with the delivery of its annual total reward statement (TRS) to communicate the new benefit to its 150,000 staff.The paper-based statements included a full booklet about the EAP and its provider, Retail Trust, when they were delivered to staff ...
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EXCLUSIVE: Deloitte switches bonuses to focus on staff performance
Under a new talent and reward strategy, Deloitte is changing its bonus structure to reward employees based on performance.Previously, if it made a certain level of profits, a fixed amount was returned to staff as bonuses. But Stevan Rolls, UK head of HR, said this did not make close links ...
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Case Studies
Informa focuses on workplace savings that suit its workforce
Media firm Informa tailors its workplace savings and other perks to suit a young, diverse workforce, says Jennifer PatersonAs a media organisation, Informa has a diverse portfolio of publications and events. Its titles range from Lloyd’s List, which has been in circulation since 1734, through to its newest publication, the ...
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EXCLUSIVE: Linklaters harmonises global mobility provision
Linklaters, the law firm, has harmonised its global mobility provision under one provider to ensure a consistent approach for all employees relocating.Since Crown Relocations were appointed in the summer of 2011, over 400 employees have been relocated.Linklaters is located in 27 countries and has 4,657 employees.The service, which includes school ...
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EXCLUSIVE: Willis Group offers fundraising events for staff
Since selecting Children’s Hospices UK as its charity of the year for 2011, Willis Group has introduced a variety of fundraising activities for its staff to take part in.Employees have pledged to raise £100,000, with the insurance broker matching the funds raised to a maximum of £50,000.The fundraising efforts started ...
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Article
Buyer's guide to corporate gym membership
Key factsWhat is corporate gym membership?Employers can provide staff with access to on-site gym facilities at no cost or can negotiate a deal or discounts with local and/or national gym operators. The employer can determine the amount that the employee is required to pay.Where can I get more information?HM Revenue ...
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EXCLUSIVE: Quorum Business Park rewards cyclists
Quorum Business Park, which has 12 employer tenants and 3,500 workers, has introduced a discount and reward programme to encourage staff to cycle to work.The Newcastle park includes organisations such as Balfour Beatty, Convergys, HM Revenue and Customs, IBM and Tesco Bank.The programme, which is being trialled for six weeks ...
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Teach First boosts pension and launches flex
EXCLUSIVE: Independent charity Teach First has introduced pension salary sacrifice to drive up scheme membership among its young staff, and has also launched a flexible benefits scheme.HR director Will Davies said: “Our average age is 30, so we want to try to drive up the pension membership and salary sacrifice ...
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EXCLUSIVE: Mishcon de Reya removes probation period on flexible benefits scheme
Mishcon de Reya has removed the probation period for new staff joining its flexible benefits scheme.The flexible benefits scheme, which opened for 2012 enrolment on 28 November, will now be available to all staff as soon as they join the law firm. Previously, the probation period varied between one and ...
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EXCLUSIVE: Selex Galileo re-launches online voluntary benefits scheme
Selex Galileo has re-launched its online voluntary benefits scheme, adding in a new interactive discounts website with over 8,000 offers, reloadable gift cards and SMS vouchers, to cater to its high-tech employee base.The defence electronics firm’s 4,000 employees all have access to computers at work. The enhanced ‘Your Xtras’ programme, ...