All articles by Jennifer Paterson – Page 157
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Case Studies
Case study: Sodexo motivates staff with thank-you points
Sodexo Remote Sites Scotland operates a points-based recognition scheme for its 1,000 UK staff. This includes longservice awards, thankyou cards, an award for great ideas, and a site of the month.Line managers and peers can send postcards thanking someone for going the extra mile. It is part of an instant ...
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Article
Buyer's guide to health screening
What is health screening?It is a diagnostic service to establish an employee’s current state of health using a variety of tests.Where can employers get more information?Click here for a list of screening centres.Who are the main providers?AMS, Axa Icas, Blossom Healthcare, BMI Healthcare, Bupa Health and Wellbeing, Capita Health Solutions, ...
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Article
Interview with Susan Hughes, policy manager of UK pensions and benefits at BP
The challenges of changing pensions legislation have not prevented Susan Hughes, policy manager of UK pensions and benefits at BP, from achieving a good work-life balance?Susan Hughes, policy manager of UK pensions and benefits at BP, has perfected the work-life balance. At home on her converted farm in Hertfordshire, where ...
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Article
Jelf Employee Benefits launches flexible benefits platform
Jelf Employee Benefits has launched a flexible benefits platform which aims to refresh the way in which small and medium enterprises (SMEs) communicate their benefit programmes to employees.The product, which has been developed with Vebnet, can be re-branded for each organisation.It helps HR professionals control data management, provide access to ...
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Article
Police Mutual Group rolls out online voluntary benefits scheme
Police Mutual Group is rolling out an online voluntary benefits scheme for its 250 Police Mutual Assurance Society (PMAS) staff.The group, which includes PMAS and Roland Smith Insurance Brokers, is the police service’s own financial services organisation.The scheme, provided by LogBuy, allows staff to access over 900 products and services. ...
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Article
HR Dept partners with LogBuy to offer voluntary benefits
In order to offer online voluntary benefits to its 1,500 small- and medium-sized employer clients outsourced human resources support firm, The HR Dept has partnered up with voluntary benefits provider LogBuy.The staff at these employers, which have between one and 250 employees, will be able to access discounts at major ...
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Article
Employers believe staff value eyecare as much as other perks
Nearly half (47%) of employers believe their staff value eyecare benefits as much as the other perks, according to research conducted by Specsavers Corporate Eyecare.The eyecare provider's survey, conducted with nearly 300 employers, showed that only 7% believe the perk is valued more valued more than other benefits, while 7% ...
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Article
APM Group adds holiday discounts to voluntary benefits plan
APM Group has added Hotel Stay UK to its voluntary benefits scheme.The accreditation, certification and examination body has added the perk to its scheme to allow staff to access discounts on hotels and short breaks in the UK and worldwide.Emma Vernon, HR advisor at APM Group, said: “I was able ...
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Article
More than half of employees have had their pay frozen or cut
More than half of employees report their organisation has either frozen pay (46%) or cut pay (7%), according to this quarter’s Employee Outlook Survey from the Chartered Institute of Personnel and Development (CIPD).More than half of employees in the private sector have had their pay either frozen (42%) or cut ...
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Article
Pall completes longevity hedge for non-retired pension members
The trustees of the Pall UK pension fund have completed a longevity index hedge to mitigate the risk of increased life expectancy for the scheme's non-retired members.The fund has entered into a £70 million contract with JP Morgan based on future values of its LifeMetrics longevity index.Previous longevity deals have ...
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Article
Enrich appoints John Sansone head of pensions
Enrich has appointed John Sansone head of pensions. He will be tasked with leading the pension service proposition and all aspects of client delivery.Sansone has 30 years experience in the pensions and employee benefits industry, including roles at Towry Financial Services, Watson Wyatt Partners, Towers Perrin and KPMG.As head of ...
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Article
Sun Chemical appoints Mercer to de-risk pension scheme
The trustees of Sun Chemical’s pension scheme have appointed Mercer to de-risk its £260 million closed defined benefit (DB) scheme.The trustees had identified the need to proactively manage the funding position of the scheme, particularly given the challenging situation of volatile asset markets and low interest rates in recent years.Mercer ...
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Article
Hay Group research: No link between pay equality and performance
There is no consistent correlation between pay equality and company performance, according to new research from Hay Group.Getting the balance right: the ratio of CEO to average employee pay and what it means for company performance looked at nine different sectors including energy, technology, financial, communications, utilities and consumer.The research ...
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Article
Surrey County Council moves voluntary benefits plan online
Surrey County Council has moved its voluntary benefits scheme online.The scheme, which is managed in-house and accessed via the council’s external website, previously offered benefits through a booklet format.The change was made to drive down distribution and printing costs, and increase accessibility. The 25,000 eligible staff can now view and ...
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Article
National Grid adds to employee discount scheme
National Grid has added reloadable shopping cards for Sainsbury’s and Asda to its employee discount scheme.The new offerings were added to the scheme during its annual enrolment period at the end of 2010. The electricity and gas firm has been offering the scheme, provided by P&MM since December 2009, but ...
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Article
AWD Chase de Vere launches online SME payroll and benefits system
AWD Chase de Vere has launched an integrated payroll and benefits online system for small and medium-sized enterprises (SMEs).The firm has partnered with The Briars Group to provide a bespoke approach to managing payroll, while enabling employers to improve the benefits service they offer to staff and reduce costs.Jason Walker, ...
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Article
PPF announces new pension protection levy framework
The Pension Protection Fund (PPF) has announced that it intends to implement its new pension protection levy framework from 2012/13.The move follows a consultation that closed on 20 December, and responds to calls from industry for an early announcement on the PPF’s intentions so schemes can take these into consideration ...
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Article
Workplace Giving UK research: Payroll giving should be opt out rather than opt in
Approximately two-thirds (68%) of employees would prefer payroll giving to be an opt-out rather than an opt-in benefit.According to a poll of more than 1,000 employees by Workplace Giving UK, a further 64% said they would want to have a say in which charity the deducted monies went to.Peter O’Hara, ...
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Article
Resolution completes acquisition of Bupa Health Assurance
Resolution, and its subsidiary life company Friends Provident Life and Pensions, has completed the acquisition of Bupa Health Assurance (BHA).The deal, which comprises Bupa's group risk and individual protection businesses, was first announced on 15 October 2010.It is intended that BHA will be run as a stand-alone entity for approximately ...
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Analysis
Private medical insurance for executives
If you read nothing else, read this... Outpatient treatment limits for executive staff can be upgraded to a full refund. Some executive employees do not have to disclose medical history. Executives' families are generally included in their PMI plan. Common features of executive PMI include: diagnostic scans, cancer treatments, pregnancy ...