All articles by Jennifer Paterson – Page 142
-
Article
NAPF elects Mark Hyde Harrison chairman
The National Association of Pension Funds (NAPF) has elected Mark Hyde Harrison its new chairman.He will succeed Lindsay Tomlinson whose two-year term of office ends at the NAPF annual general meeting on 21 October 2011.Hyde Harrison was elected by the NAPF retirement policy and the investment councils, the main bodies ...
-
Article
Findel implements fleet risk policy
Findel has implemented a driver risk policy called DriveSecure.The policy was launched as a result of the online retailer seeking to find a solution to manage its duty of care, and corporate and social responsibilities.DriveSecure provides a tailored programme to all fleet drivers which continues through the vehicle life.Roz Byrom, ...
-
Article
Hymans Robertson introduces car leasing scheme
Hymans Robertson has introduced a car leasing scheme as a voluntary benefit for its employees.The scheme, provided by Affinity Vehicle Leasing, offers employees a personal contract hire option, whereby the car is returned at the end of a fixed period, and personal contract purchase, where the car can be purchased ...
-
Article
MNPA increases flexible benefits take up
MNPA has increased take up of its flexible benefits scheme to 95% after adding in a group personal pension (GPP) plan, switching private medical insurance (PMI) providers, and putting all perks onto an online benefits portal.The pensions firm launched the GPP following the closure of its defined benefit (DB) career ...
-
Article
WorldatWork research: Most employers offer a car benefit to staff
The majority of organisations (89%) offer some type of car benefit to employees, according to research by WorldatWork among its primarily US-based as well as global members.The Vehicle-Related Benefits Survey 2011 found that, of these organisations, 49% offer a minimum of three fleet benefit programmes to their workforce.The most common ...
-
Article
Preston County Council halves childcare voucher administration costs
Preston County Council has halved the administration charge of its childcare voucher scheme after switching providers.The switch from Computershare Voucher Services to KiddiVouchers has enabled the council to decrease the cost of administration from 5% to 2.5%.Since the switch, which took place in May, the level of childcare voucher take-up ...
-
Article
Alphabet acquires ING Car Lease
Alphabet, the international fleet management division of BMW Group, has acquired ING Car Lease.The purchase price amounts to €637 million. The transaction is expected to close in the fourth quarter of 2011, subject to regulatory approvals.Through the acquisition, Alphabet is able to provide employers with broadened services now in 16 ...
-
Article
CIPP research: Only 10% of employers will allow flexible working during Olympics
Just 10% of employers will allow staff to work flexibly during the 2012 Olympics, according to a poll by the Chartered Institute of Payroll Professionals (CIPP).Less than half of the respondents said that they do not know if their employer will allow flexible working.Diana Bruce, senior policy liaison officer at ...
-
Article
BHSF to launch flexible benefits product
Provider BHSF is to launch a flexible benefits product for employers to offer to their employees.The product, FlexSme, is aimed at small to medium-sized enterprises (SMEs).Brian Hall, marketing director at BHSF, said: “FlexSme will bring together a section of core benefits, BHSF’s own voluntary benefits and eight slots for flexed ...
-
Article
Eversheds’ staff volunteer on community projects
International law firm Eversheds has participated in its third annual Give and Gain Day.The UK’s national day of employee volunteering, managed by Business in the Community (BITC), saw more than 20,000 volunteers from 527 organisations donating hours worth £2.4 million into community projects.More than 330 employees from across Eversheds’ international ...
-
Article
Government to address regulatory differences in pension schemes
The government will put forward proposals later this year to address short-service refunds, small pension pots and transfers.Regulatory differences of pension funds, including the use of short-service refunds rules have been scrutinised in a call for evidence.Short-service refunds mean that employees who leave their job in less than two years ...
-
Article
Rok reports £90m defined benefit pension deficit
Rok has revealed a £90 million deficit in its defined benefit (DB) pension schemes.The firm, which carries out maintenance and building repairs, collapsed in November 2010 with 3,800 employees and debts of £360 million.In a progress report from the period from 8 November 2010 to 7 May 2011, Rok’s administrators, ...
-
Article
XpertHR research: Pay in manufacturing sector on the rise
Employees in the manufacturing sector have seen a median pay increase of 3% compared to 1.5% of those in the service sector, according to research by XpertHR.The findings, based on 309 pay awards effective in the three months to the end of May 2011 and covering more than 3.7 million ...
-
Article
NAPF research: Young staff would save more if they knew what to expect from state pension
Half (47%) of those aged between 18 and 34 would save more for retirement if they knew how much state pension they would get.That number fell to 38% among those aged 35 to 44, and 33% for those 45 to 54, according to figures from a Populus survey for the ...
-
Article
Employee Benefits Summit 2011: Surgical procedures and waiting times top causes of long-term sickness absence
Musculo-skeletal disorders and stress are no longer the leading causes of long-term sickness absence.†Instead, absences due to medical appointments, medical investigation or surgery are the leading causes, according to Dr Sayeed Khan, special professor in occupational health at the University of Nottingham and board member of the Health and Safety ...
-
Article
Employee Benefits Summit 2011: Mergers and acquisitions are an opportunity to streamline staff
Mergers and acquisitions are an opportunity for organisations to get rid of people they do not wish to hold on to.This is according to Andrew Stemp, director of European reward at Amazon, who discussed the importance of benefits and reward during mergers and acquisitions at the Employee Benefits Summit 2011 ...
-
Article
Employee Benefits Summit 2011: Staff should be educated on social media and reward
Employers should beware of doing anything on pay that you are not prepared to publish and be held accountable for, particularly in the new age of social media and online information sharing.†Speaking on the first day of the Employee Benefits Summit 2011 in Portugal, Helen Murlis, author of Reward Management ...
-
Article
MHS Homes Group introduces health screening for staff
MHS Homes Group has introduced health screenings for its 305 employees.The organisation, which manages 8,000 homes in the Medway area of Kent, will offer the employee-funded voluntary benefit bi-annually to staff. The health screenings will be provided by Screenetics.Almost a third (100) of staff signed up for a health screening ...
-
Article
Pension Insurance Corporation research: Pension fund trustees expect to increase required contributions
More than half (55%) of pension fund trustees expect to increase the contributions they require from their sponsor following the next valuation by more than 10%.The Future of Pension Funds 2011 by the Pension Insurance Corporation, which surveyed occupational pension fund trustees, also found that 11% are planning to increase ...
-
Article
Office Angels research: Personal assistants in London earn more than regional counterparts
Personal assistants (PA) and office managers in London are earning an average of £11,000 more a year than some of their regional counterparts, according to a survey by Office Angels and Mysalarychecker.com.The average salary of a London PA was £32,205 in May, while the average salary for a similar role ...