All articles by Jennifer Paterson – Page 46

  • Article

    Live Nation used merger to increase staff engagement

    2013-09-27T11:14:00Z

    Live Nation Entertainment has faced a number of challenges in the way it engages employees following the merger between the concert promotion side of its business, Live Nation, and Ticketmaster in 2010.During the keynote session of Employee Benefits Live on 26 September, Brian Newman, vice president of HR at Live ...

  • Article

    Communications needed around pension contributions

    2013-09-25T04:00:00Z

    This article has been supplied by Scottish WidowsThe 2013 Scottish Widows Workplace pensions report found that low levels of staff understanding around pension contributions, both in terms of their own and their employer’s contributions, has led to a fall in the amount UK workers are prepared to save into their ...

  • Article

    FTSE 100 remuneration structures changing

    2013-09-25T03:30:00Z

    FTSE 100 companies are listening to shareholders and are making changes to remuneration structures to support better shareholder alignment and long-term stewardship, according to research by business advisory firm Deloitte.Its Directors’ remuneration in FTSE 100 companies research found that two-thirds of FTSE 100 companies’ bonus plans incorporate measures based on ...

  • Article

    TI Group completes pension buy-in

    2013-09-24T11:22:00Z

    TI Group has completed an insurance buy-in for its defined benefit pension scheme.The transaction, with provider Pension Insurance Corporation, covers around £170 million of liabilities, taking the total liabilities insured by the scheme to more than £800 million.Smiths Group, a global technology organisation, is the parent company and sponsoring employer ...

  • Article

    32% do not plan to comply with auto-enrolment

    2013-09-24T11:21:00Z

    EXCLUSIVE: Almost a third (32%) of respondents have no intention of complying with auto-enrolment legislation, according to research by pensions consultancy Secondsight.The Secondsight Auto-enrolment survey report, which was conducted by its parent company Foster Denovo, questioned 327 respondents which are predominantly small and medium-sized employers (SMEs).The research also found:66% of ...

  • Article

    HR align benefits with business objectives

    2013-09-24T11:20:00Z

    Reward and HR professionals are taking steps to ensure that the benefits they offer support the objectives of their organisation, according to research by the Chartered Institute of Personnel and Development (CIPD).Its Aligning strategy and benefits survey, which is based on responses from 444 organisations, found there is also a ...

  • Article

    Asperity to rebrand as Reward Gateway

    2013-09-24T11:17:00Z

    EXCLUSIVE: Asperity Employee Benefits is to rebrand as Reward Gateway, displaying its new name at Employee Benefits Live on 25 and 26 September at National Hall, Olympia.The employee benefits provider will also launch Reward Gateway 2014, the latest version of its employee discounts and benefits platform.The updates to the product, ...

  • Article

    Barnett Waddingham appoints head of wellbeing

    2013-09-24T11:07:00Z

    Consultancy Barnett Waddingham has appointed Carl Chapman (pictured) head of wellbeing in its employee benefits team.Chapman has more than 13 years’ experience in employee benefits and joins Barnett Waddingham from Capita Employee Benefits, where he worked as a senior health management consultant for four years.His other previous roles include risk ...

  • Article

    Investec appoints Jane Richards

    2013-09-24T05:00:00Z

    She will hold the role for 12 months.Her previous job was reward technical partner at Coutts.Richards has held a number of reward and compensation roles since 2000, including senior reward manager at BDO, senior reward specialist at Accenture, and reward and policy specialist at Cable and Wireless.She will take part ...

  • Article

    Royal Mail amends DB pension proposals

    2013-09-23T11:34:00Z

    Royal Mail Group has amended the proposed reforms to its defined benefit (DB) pension scheme.The changes were announced to staff on 6 September, following a consultation with members of the Royal Mail Pension Plan, which began on 21 June and concluded on 25 August 2013.Under the amendments, promotional increases to ...

  • Article

    Evans Cycles to change end-of-hire process for bikes

    2013-09-23T11:19:00Z

    EXCLUSIVE: Evans Cycles has changed the end-of-hire process for its bikes-for-work scheme.Employers will no longer be required to pay a nominal buy-back fee at the end of the scheme. The changes also provide employees with a free no-deposit continuation option.Mark Brown, head of business-to-business services at Evans Cycles, said: “It ...

  • Article

    Venture Capital Platform to launch savings scheme for high earners

    2013-09-23T11:17:00Z

    EXCLUSIVE: The Venture Capital Platform is to launch a workplace savings scheme that aims to offer high earners an alternative to a pension scheme.The investment-linked scheme, which will be launched at Employee Benefits Live on 25 and 26 September, has been developed in light of the government’s changes to the ...

  • Article

    Employers need to target different generations with financial education

    2013-09-23T00:00:00Z

    According to the report Talking about my generation: exploring the benefits engagement challenge, published in September by Barclays Corporate and Employer Solutions (C&ES) and Dr Paul Redmond, director of employability and educational opportunities at Liverpool University, 53% of Baby Boomers prioritise saving for retirement, while 41% of Generation X are ...

  • Article

    Pension charges cap will lead to transparency

    2013-09-23T00:00:00Z

    A report from the Office of Fair Trading (OFT) on its investigation into defined contribution (DC) pension schemes, which is also expected to include a recommendation for a cap on charges, was due to be published soon after Employee Benefits went to press. (The report was subsequently published on 19 ...

  • Article

    Average NHS pay up nearly 9% since 2009

    2013-09-20T11:10:00Z

    The average basic pay for a full-time NHS employee in England stood at £29,543 for the 12 months to June 2013, 1% more than in the 12 months to June 2012 and 8.6% more than in the 12 months to June 2009, according to the Health and Social Care Information ...

  • Article

    City Link staff to strike over pay and conditions

    2013-09-19T10:30:00Z

    City Link employees will take seven days of strike action in a dispute over pay, working conditions and a change to contracts.The industrial action, which will take place from 24 to 30 September, is the result of a ballot with 157 drivers and 91 warehouse employees who are members of ...

  • Article

    Pay ratio disclosure proposed in US

    2013-09-19T10:15:00Z

    The Securities and Exchange Commission (SEC) has proposed new legislation that would require public employers to disclose the ratio of the compensation of its chief executive officer to the median compensation of its employees. The legislation would not prescribe a specific methodology for employers to use in calculating a pay ...

  • Article

    Home Instead launches discounts scheme

    2013-09-19T10:00:00Z

    Home Instead Senior Care has launched an employee discounts site for its employees.The site, which is called Home Instead Benefits, is provided by BHSF.The senior home care provider has offered staff at a number of its franchises a health cash plan through BHSF for several years.Kevin Warburton, project manager at ...

  • Analysis

    Severn Trent rejuvenates flexible benefits scheme

    2013-09-19T04:54:00Z

    The utilities organisation launched a new online flex scheme with provider Edenred, but that did not improve matters, with take-up remaining around 30%, the same as it had been with the previous paper-based scheme.So the HR team set out to revamp the scheme. Its objectives included improving employee engagement by ...

  • flexibleaddons
    Analysis

    Facts and figures on flexible benefits schemes

    2013-09-19T03:00:00Z

    Employee Benefits has rounded up a range of facts, figures and case studies covering the provision of flexible benefits schemes over the past year, to highlight the issues and trends that are currently affecting employers and their workforces.- The Benefits Research 2013, which surveyed 561 HR and benefits professionals, was ...