All articles by Jennifer Paterson – Page 97
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Article
Easyjet employees receive £4,600 each as sharesave matures
EXCLUSIVE: Easyjet employees received an average payout of £4,600 each as a sharesave scheme matured on 1 August. The highest payout was £12,000.There were 780 employees in the sharesave, which is provided by Yorkshire Building Society.It has been offered every year for eight years, at a discount of 20%.Ken Lawrie, ...
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Article
Sarah Maddox moves to UK Mail
UK Mail has appointed Sarah Maddox HR director.She was previously at National Express for 14 years, starting in 1998 as HR officer and progressing to the role of head of HR.Read more about careers in reward and benefits
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Article
Serco recruits Julia Warren
Serco Group has appointed Julia Warren HE director, UK and Europe, as part of its newly-formed UK and European division.Warren was previously HR director at Thomson Reuters.Read more about careers in reward and benefits
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Article
D Young staff take part in charity run
EXCLUSIVE: Employees of D Young and Co took part in a charity run as part of the law firm’s focus on health and wellbeing.The firm has taken part in the JP Morgan Chase Corporate Challenge in Battersea Park for several years, but the 2012 run saw its highest attendance yet, ...
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Article
Vinci UK increases staff spend on voluntary benefits plan
EXCLUSIVE: Vinci UK has increased the employee spend on its voluntary benefits plan by 100% through a series of new communications programmes.Transactions via the construction firm’s employee discounts site has increased to £20,000 per month, up from £10,000 at the beginning of 2012.Gemma Concannon, benefits manager at Vinci UK, said: ...
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Article
Risley leaves Lloyds Banking Group
Angie Risley has stepped down as group HR director HR director at Lloyds Banking Group after five years at the organisation.Risley said the time had come to consider taking another role.Rupert McNeil has been appointed to succeed Risley as group HR director at Lloyds.Read more about careers in reward and ...
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Article
Zara Loughrey joins Arqiva
Arqiva has appointed Zara Loughrey head of reward.Her previous roles in the industry include: UK head of HR at Pall Europe, reward director at Babcock International Group, reward and policy manager at NATS, benefits and policy specialist at Eli Lilly, and reward specialist at IBM.Read more about careers in reward ...
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Article
SAP appoints Neil Hopkinson
SAP has appointed Neil Hopkinson as total rewards partner.As part of the Europe, Middle East and Africa (EMCA) reward team, he will be responsible for partnering with the wider HR team and the business to advise on all internal compensation and benefits maters across the UK and Ireland.Read more about ...
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Article
Heinz promotes Anne Sewell
Heinz UK and Ireland has promoted Anne Sewell to the post of HR director.Sewell has been with Heinz since 2002 and previously held the positions of HR business partner and head of HR for Heinz UK and Ireland Commercial.She also previously held a role based in Heinz’s world headquarters in ...
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Article
SJ Berwin adds car hire and enhances life assurance in flexible benefits relaunch
Law firm SJ Berwin has introduced a car hire scheme through Zipcar and enhanced its life assurance coverage as it relaunches its one-year-old flexible benefits scheme.The car hire scheme, available via a salary sacrifice arrangement, offers employees a range of low-emission cars on a pay-as-you-go basis, with hire periods ...
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Article
Tim Kensey joins Acromas
Tim Kensey has joined Acromas Holdings as HR director, group reward and Saga services.His previous roles include international employee engagement director at The Body Shop, global HR and talent manager, retail network at Shell, and head of UK compensation and benefits at Shell International Petroleum Company.Read more about careers in ...
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Case Studies
Carlsberg increases flex take-up
Carlsberg has offered around 10 benefits through its flexible benefits scheme since it was launched five years ago. Julian Daley, reward manager, says: “We have added some benefits and taken some away, but we have always had about that number.”Certain perks, such as a healthcare top-up scheme, have been removed ...
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Case Studies
Case study: SJ Berwin expands flexible benefits offering online
Law firm SJ Berwin launched a flexible benefits scheme in June 2011 to streamline its benefits offering, to communicate the perks staff already received contractually and to attract new talent to its 550-strong workforce.Peter Roberts, HR operations manager at SJ Berwin, says: “We have quite a range of employees. We ...
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Analysis
Flexible Benefits: Too spoilt for choice?
If you read nothing else, read this… A number of UK employers offer more than 10 perks through flexible benefits schemes. Employers should structure and communicate their flexible benefits schemes around their employee demographics to maximise engagement. There is no harm in removing benefits that have very low employee take-up.Case ...
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Article
ABI sets out action plan for clearer pension charges
The Association of British Insurers (ABI) has set out an action plan for clearer pension charges and costs in a letter to The Pensions Regulator and the Financial Conduit Unit of the Financial Services Authority (FSA).Its plan is designed to improve transparency across the whole of the pensions industry and ...
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Article
Bank of England outlines effect of quantitative easing on pension schemes
The Bank of England has published a paper on the distributional effects of quantitative easing (QE), which says that its implications on people approaching retirement and for pension providers depend on what type of pension scheme is being used and how well it is funded.The paper forms part of the ...
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Article
Scottish Life partners Nest for auto-enrolment service
Scottish Life has partnered the national employment savings trust (Nest) to enable advisers to offer an integrated auto-enrolment service to employers.The Automatic Enrolment Service will be a compliant option for employers, regardless of whether the pension scheme is supplied by Scottish Life or Nest.Scottish Life and Nest will manage joint ...
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Article
TPR should provide more flexibility to reduce QE for pensions
The majority (80%) of respondents said The Pensions Regulator (TPR) should provide more flexibility in the current rules to reduce the impact of quantitative easing (QE) for pension schemes, according to research by global fiduciary management provider SEI.The research, which polled trustees, finance directors and pension fund executives from 51 ...
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Article
Travis Perkins Group launches pensions master trust
Travis Perkins Group is to launch a pensions master trust, combining all its contract- and trust-based schemes into one.The scheme, called the Travis Perkins Group Retirement Savings Plan, will be provided by Standard Life.It will launch in September 2012, in advance of the building and home improvement materials organisation’s auto-enrolment ...
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Article
DWP issues statement on simplifying the state pension
The Department for Work and Pensions (DWP) has issued a statement on the proposed simplification of the state pension.As confirmed in the 2012 Budget in March, the government will introduce a flat-rate, single-tier state pension, currently estimated at around £140 a week.It will replace the current state pension, which is ...