All articles by Jennifer Paterson – Page 153
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Article
Canada Life enhances second-opinion service on group risk plans
Canada Life has added online access to existing second-opinion service Best Doctors which is currently provided on its group income protection and group critical illness plans.The new online offering Ask Best Doctors also offers employees a multimedia library designed to help them understand a range of medical conditions, as well ...
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Article
Lord Hutton report: Public sector final salary pensions should be replaced by career average schemes
Existing final salary public sector pensions schemes should be replaced by new career average schemes, says Lord Hutton in the final report of the Independent Public Services Pension Commission.The final report follows a comprehensive nine-month review. It sets out a number of detailed recommendations to the government on how public ...
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Article
John Lewis pays out £194.5m bonus pot and offer access to retail bonds
Staff at John Lewis and Waitrose will split a £194.5 million bonus pot in cash, which is equivalent to 18% of pay or the equivalent of more than nine weeks’ pay.The payout comes as parent company John Lewis Partnership (JLP) announced profits on Wednesday 8 March.JLP is also offering its ...
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Article
Standard Life launches benefits package for SMEs
Standard Life has launched a benefits package for UK-based small and medium enterprises (SMEs).Its Box of Benefits (Bob) product offers a wide range of benefits including pension, bicycle scheme, dental insurance, hospital cash plan, private medical insurance, travel insurance, childcare vouchers, voluntary benefits, total reward statement and a self-service area.The ...
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Article
Bosch Group appoints Aon Hewitt as global actuary
Bosch Group has appointed Aon Hewitt as its global actuary from 2012.Aon Hewitt will be responsible for services in Germany and in another 28 countries world-wide. The domestic heating and hot water manufacturer employs 283,500 employees internationally.Aon Hewitt, which has advised Bosch since 2007, will also be managing accounting consolidation ...
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Article
Mercer appoints Emma Douglas UK leader for Mercer Workplace Savings
Mercer has appointed Emma Douglas UK leader for Mercer Workplace Savings.She has joined from BlackRock where she was head of defined contribution (DC) sales from 2007, responsible for DC sales strategy and execution for its bundled and investment-only business, as well as the management of DC client relationships.Between 2000 and ...
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Article
Domestic and General offers free stress management workshops
Call centre Domestic and General (D&G) is offering free stress management workshops to its employees to promote wellbeing in the workplace.The workshops were first offered to team leaders and have now been extended to call centre staff. The workshops, which are delivered by Ingeus, cover topics including back, neck and ...
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Article
Telegraph Media Group launches online flexible benefits plan
Telegraph Media Group launched an online flexible benefits scheme and total reward statements on 1 March so its 1,200 staff can view all their benefits in one place.The publishing company has also introduced new benefits, such as a salary sacrifice car scheme, online payroll giving, carbon offsetting, and the option ...
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Case Studies
Case study: Northumbrian Water taps savings through tax-efficient benefits
Northumbrian Water offers a range of tax-efficient benefits that help its 3,000 employees to make savings.The water and waste supplier has offered childcare vouchers, bikes for work and holiday buying via salary sacrifice since 2006. In 2008, it brought in a scheme whereby staff can pay their water bills via ...
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Article
UKRD Group, Luminus and Kenneth Green Associates among best companies to work for
UKRD Group, Luminus and Kenneth Green Associates are among The Sunday Times 100 Best Companies to Work for in the UK 2011.The list compiles the best organisations based on a number of factors including: leadership, my manager, my company, my team, giving something back, wellbeing, fair deal, and personal growth.Ranked ...
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Analysis
Pensions governance committee is important
If you read nothing else, read this… There is no legislation that says employers must have a pensions governance committee. A committee should focus on: investment funds, administration, communication, and whether the provider is offering a suitable service. Meeting at least once a year, it should have three ...
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Article
Buyer's guide to multinational pooling
Key factsWhat is multinational pooling?An arrangement whereby multinational organisations can benefit from favourable insured claims experience on a worldwide basis. It is essentially a second-stage accounting of insured employee benefits plans at an international level.Where to get more information?International Employee Benefits AssociationWhich are the main networks?Allianz All Net, Generali Employee ...
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Article
Janet McKenzie moves to MIB
MIB Group has appointed Janet McKenzie head of HR.Her previous roles include head of reward and benefits at Arqiva, reward and benefits manager at Lockheed Martin UK, and a variety of IT and HR roles at Capgemini.McKenzie said: “MIB Group has not had anyone doing HR before, so I will ...
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Article
John Farrell moves to Lebara Mobile
Lebara Mobile has appointed John Farrell reward and performance management manager.Previously, Farrell held compensation and benefits positions with organisations including SThree, Network Rail and WorldCom.Read more about careers
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Article
Global role for Robert Cross
ESAB has appointed Robert Cross global head of reward.Previously, he spent 15 months as group reward manager at Northgate Information Solutions, four years as reward manager at T-Mobile, and several years as a consultant with Watson Wyatt, Mercer and Hay Group.The role is brand new at ESAB, which spans 30 ...
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Article
The Capita Group to introduce a voluntary dental plan
The Capita Group is to introduce a voluntary dental scheme in May.It decided to introduce the perk following its acquisition of National Dental Plan (NDP) in August 2010, when it spotted an opportunity to align its new acquisition with its own benefits package.The scheme will be available to the majority ...
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Article
Duncan Brown goes to AonHewitt
AonHewitt has appointed Duncan Brown principal in its rewards and engagement practice.He moves from the Institute for Employment Studies, where he was director of reward services.Brown has also worked for the Chartered Institute of Personnel and Development, PricewaterhouseCoopers and Towers Perrin.Read more about careers
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Article
Adidas launches voluntary benefits scheme
Adidas has launched a voluntary benefits scheme to align its UK and Irish benefits packages under one platform for its 1,200 employees.The scheme, which was rolled out in November 2010, had an initial 500 log-ins which has doubled in the weeks since.Carol Bryson, HR manager operations and compensations and benefits ...
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Article
Wavin taps discounts for employees
Plumbing products manufacturer and supplier Wavin has introduced bikes-for-work and a discount scheme across its six UK sites.It added the perks following requests from its employee consultative councils.The bikes-for-work scheme has seen a 6% take-up since its launch in January.Wavin encouraged staff to log on to the discount scheme, provided ...
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Article
ATS Euromaster on the road to savings
ATS Euromaster has launched a voluntary benefits portal giving its 2,900 staff access to childcare vouchers and retail discounts.The scheme, provided by P&MM, will be branded for the tyre retailer and service provider.Discounts offered in its Lifestyle package include: health, leisure, food, entertainment, ethical products, home and motoring.Staff can take ...