All articles by Jennifer Paterson – Page 183
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Article
Buyer's guide to pension modellers (May 2010)
Pension modellers help staff to engage with their pension plan by allowing them to see the effect of different scenarios on their income in retirement, says Jennifer PatersonApart from salary, pensions are often one of the most costly elements of an organisation's reward package. Yet factors such as a lack ...
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Article
Buyer's guide to health cash plans (May 2010)
Health cash plans are gaining popularity as a cheaper alternative to private medical insurance, but the boundaries between the two benefits are blurring, says Jennifer PatersonDespite adversely affecting most of the UK workforce, the recession has actually resulted in increased demand from organisations for health cash plans. Once seen as ...
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Case Studies
Case Study: Segro builds up individuals
Commercial property investment and development company Segro spontaneously hands out Red Letter Day experience vouchers worth £250 to individual employees to recognise good work and thank them for a job well done.But the incentives are not one-offs, says Mark Pearce, the company's UK HR director. "There is no limit to ...
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Case Studies
Case Study: All aboard for Swissport award
Swissport Cargo Services has seen a rise in productivity since handing out a one-off incentive to each of its 450 UK employees.After a year of pay freezes and a decline in overtime hours, staff were given £100 retail vouchers. Danica Barton, HR adviser, says: “Feedback has been positive and it ...
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Article
Creative Benefit Solutions launches benefits platform
Creative Benefit Solutions has launched a benefits platform called My-infolink.The platform can be branded under an organisation’s name and can be tailored to reflect the range of benefits offered by the organisation.Options that can be included in the platform are details about pension savings, total reward statements, flexible benefits, holidays ...
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Analysis
Dental benefits: insurance or cash plans?
If you read nothing else, read this...Dental insurance plans and dental cover offered through healthcare cash plans each have their pros and cons for staff.Basic offerings of all dental plans include: routine check-ups and treatment, accident and injury, and cover accessing NHS and private treatment.Some providers offer added-value services on ...
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Analysis
Do one-off incentive awards for selected staff boost motivation?
One-off incentive awards can have mixed results for overall staff motivation, says Jennifer PatersonMany reward budgets have been cut during the economic downturn, so employers have had to be creative in finding ways to show key staff they are appreciated. With pay freezes in place and a ban on bonuses, ...
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Article
Boots raises satisfaction with staff recognition scheme
Boots has helped to raise its staff satisfaction score to 80% by implementing a new recognition scheme.The company's Great Place to Work Survey, which took place in March, shows a rise of 2% from last year. In addition, 67% of Boots’ staff said they felt recognised and praised at work, ...
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Article
National Grid extends total reward statements internationally
National Grid has extended its total reward statements (TRS) internationally, rolling them out for 6,000 US staff.It has also relaunched the statements for its 10,000 UK employees.The total reward statements include information on all aspects of the organisation's reward package. The relaunch has added more details about its share plans ...
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Article
Samantha Gee moves to Cancer Research UK
Cancer Research UK has appointed Samantha Gee as director of strategic reward and resourcing. Gee moves to the charity sector from accountancy firm KPMG, where she has worked for 11 years, the last six as head of reward. Gee's other HR experience includes four years at DSG International and three ...
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Article
Inmarsat appoints Vicky Rose
Vicky Rose has been appointed reward manager at mobile satellite company Inmarsat. She moves from the role of reward manager at Cardif Pinnacle Insurance, where she spent four years.At Inmarsat, Rose will be responsible for the design, delivery and administration of the organisation's pay and benefit programmes. Before working at ...
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Article
Ed Kolber steps up at Atkins
Engineering design firm Atkins has appointed Ed Kolber as director of reward and policy. Kolber moves from the post of HR director with Atkins' highways and transportation business, which he had held since August 2005.In his new role, Kolber is responsible for the development and governance of all HR policy ...
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Article
Equity Insurance Group adds perks to flexible benefits scheme
Equity Insurance Group is adding a car salary sacrifice scheme and its share incentive plan (Sip) to its flexible benefits scheme.The company has also revamped its flex brochure for this year's scheme renewal. The main change sees benefits grouped into four categories, rather than being spread throughout the brochure. The ...
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Article
John Lewis adds personal accident plan to voluntary benefits
John Lewis Partnership is adding a personal accident plan to its voluntary benefits plan for its 72,000 employees.The plan, which starts at £5 a month, includes cover against bodily injury, permanent disability, accidental death, burns and fractures after a qualifying period, and cuts that require ten stitches or more.The plan ...
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Article
Newcastle NHS Trust switches childcare voucher providers
Newcastle-upon-Tyne NHS Trust has switched childcare voucher provider after reviewing the service and costs incurred through its previous supplier.The trust is moving to Fideliti from Computershare Voucher Services for a first salary deduction in June. David Malone, green transport and staff benefits adviser for the trust, said: "This is an ...
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Article
ACFO launches guide to checking employee driver documents
The Association of Car Fleet Operators (ACFO) has launched the first in a series of ‘how to’ best practice guides for the public and private sector fleet policies and procedures.The AFCO Best Practice Guide to Employee Driving Document Checking says that the regular checking of driving licences of all employees ...
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Article
Life Academy launches retirement planning service
Life Academy, in partnership with Friends Provident, has introduced an online service called Preparing for Retirement, which organisations can offer employees as a pre-retirement educational tool.The course comprises four modules – managing change, money, time, and health and relationships – which are accompanied by a downloadable personal retirement planner.Stuart Royston, ...
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Article
AMII appoints new chairman
The Association of Medical Insurance Intermediaries (AMII) has appointed Andrew Tripp as chairman.Tripp, who has been a member of AMII's executive committee since March 2007, most recently served as AMII’s treasurer. He is also currently chief executive of broking firm Perfect Health.Tripp succeeds Mike Izzard, who has been AMII’s chairman ...
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Article
Generation Financial Services launches flex software service
Generation Financial Services has launched an integrated service that simplifies the way in which organisations can access flexible benefits software.The service removes the front end charges that can be requested by third party providers and instead operates a monthly charge.The offering will also include total reward statements, web-based administration, flexible ...
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Article
Halfords alters cycle-to-work product
Halfords has made changes to its cycle-to-work product, effectively speeding up the process by which employees can register and purchase a new bicycle.Its service will now track applications in real time so that employers can provide their staff with same-day registration, application and letter of collection, which can be taken ...