All articles by kscott – Page 108
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ArticleCigna acquires Zurich Insurance Middle East
Global health services organisation Cigna has acquired insurance business Zurich Insurance Middle East.The acquisition, which was completed in June 2017, will enable Cigna to expand its operations across the United Arab Emirates, Lebanon, Kuwait, and Oman.The acquisition aims to support and enhance Cigna's current operations in the Middle East, including ...
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ArticleRoyal Mail offers defined benefit and defined contribution pension deal
Royal Mail has proposed a new pensions deal comprising defined benefit (DB) and defined contribution (DC) options for members following the planned closure of its current defined benefit (DB) pension scheme to future accrual in 2018.Under the proposals, affected employees would be offered a choice between a DB cash balance ...
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Article21% will exercise GDPR rights to have data removed from past and present employers
More than one-fifth (21%) of respondents plan to exercise their rights under the General Data Protection Regulation (GDPR) to have their data removed from current and previous employers, according to research by analytics organisation SAS.Its survey of 2,000 UK consumers also found that 22% of respondents will request to access ...
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ArticleSupreme Court refers part-time pensions entitlement case to EU court
The Supreme Court has referred to the Court of Justice of the European Union (CJEU) to clarify the amount a retired part-time judge can receive in pension income.The case, O’Brien v Ministry of Justice, relates to retiree O’Brien, who in addition to his work as a barrister also worked on ...
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ArticleAustralian Federal Police uses computer pop-up to influence pay negotiations
Something for the weekend: Negotiating a new pay deal agreement with employees can involve the input of a trade union, as well as numerous communications between all of the involved parties to iron out the finer details. The Australian Federal Police (AFP), however, took a different stance when it introduced ...
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ArticleTop 10 most read stories this week 6-12 July
The top 10 most read stories on www.employeebenefits.co.uk between 6 and 12 July 2017 were: Aon to acquire Portus ConsultingSoftware organisation builds £3.5m office with three-storey slideRangers Football Club loses appeal in employee benefits trust tax caseTaylor Review proposes dependent contractor statusDulas and Imperial College London named 2017's Top Employers ...
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Article53% of pension pots accessed under the pension freedoms have been fully withdrawn
More than half (53%) of pension pots that have been accessed through the pension freedoms since their introduction in April 2015 have been fully withdrawn, according to research by the Financial Conduct Authority (FCA).Its Retirement outcomes review: interim report, which is based on consumer research, retirement income data, sales data, ...
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ArticleHS2 and PageGroup recognised for equality and inclusion
Railway organisation HS2 and recruitment business PageGroup (pictured) were among the organisations recognised for inclusive and equal workplace practices at the Employers Network for Equality and Inclusion (ENEI) Awards 2017.The awards ceremony, which was held at The Law Society in London on 11 July 2017, celebrates organisations with a commitment ...
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ArticleTotal pay falls by 0.7% in real terms
Total pay for employees in Great Britain, including bonuses, fell by 0.7% in real terms between March-May 2016 and March-May 2017, according to research by the Office for National Statistics (ONS).Its UK labour market: July 2017 report, also found that regular pay, excluding bonus payments, fell by 0.5% in real ...
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ArticleKenyan state officers to receive 12.5% pay cut
State officers in Kenya's National Assembly, Senate, and the Executive of the National government will receive a 12.5% pay cut in order to reduce the public sector wage bill.The Salary and Remuneration Commission (SRC), which sets and reviews salary and benefits for state officers in Kenya, has recommended a new ...
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Case StudiesBombardier Transportation UK uses private medical insurance claims data to inform integrated healthcare strategy
Train manufacturing organisation Bombardier Transportation UK used monthly private medical insurance (PMI) claims data to design an integrated healthcare strategy to respond to the health and wellbeing needs of its 2,600 UK-based staff.Its integrated healthcare approach, which is delivered by Bupa, was implemented in 2011 after PMI claim statistics revealed ...
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AnalysisHow can a health and wellbeing strategy incorporate private medical insurance effectively?
Need to know:Private medical insurance (PMI) should not be looked at as an isolated product, but should form part of an integrated healthcare strategy, offered in alignment with benefits such as occupational health and employee assistance programmes (EAPs).The communication of PMI as part of a health and wellbeing strategy should ...
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ArticleSupreme Court rules in favour of same-sex spousal pension in discrimination case
The Supreme Court has ruled that an employee’s spousal pension benefit can be paid to his same-sex partner.The case, Walker v Innospec Limited, relates to retiree John Walker, who worked for global chemical organisation Innospec between 1980 and 2003. Walker, who paid into the organisation’s occupational pension scheme during his ...
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Article87% value access to legal advice through their employee benefits package
More than three quarters (87%) of respondents value access to legal advice as an employee benefit, according to research by legal services organisation Epoq.Its survey of 2,002 UK adults also found that 95% of respondents cite pensions as a valued employee benefit.The research also found:91% of respondents value flexible working, ...
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Article36% believe they would get no support from their employer if diagnosed with cancer
More than a third (36%) of respondents believe they would receive no form of support from their employer if they were diagnosed with cancer, according to research by Canada Life Group Insurance.Its survey of 1,010 full-time and part-time UK employees also found that 41% of respondents would be uncomfortable talking ...
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ArticleTaylor Review proposes dependent contractor status
A report into modern working practices has recommended the introduction of a dependent contractor employment status.The Good work: The Taylor review of modern working practices report, published on Tuesday 11 July 2017, was commissioned by prime minister Theresa May in October 2016 to review current working practices and models to ...
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ArticleUK Power Networks launches wellbeing programme supported by Olympic athletes
Electricity distribution organisation UK Power Networks has introduced a wellbeing programme for its 5,700 staff, which features Olympic athletes talking to employees about their physical and mental resilience.Its Your Energy programme, which launched in June 2017 and will run for 18 months, has been designed to help staff enhance their ...
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ArticleSchool teachers in England and Wales to receive up to 2% pay rise
School teachers across England and Wales are to receive a pay rise of up to 2% from September 2017.The School Teachers’ Review Body (STRB), which examines and reports to the government on matters relating to the statutory employment conditions of school teachers, has recommended a 2% pay increase to the ...
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ArticleWaltham Forest Council gains living wage accreditation
Waltham Forest Council has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying all of its permanent employees and agency staff at least the voluntary London living wage rate of £9.75 an hour.Waltham Forest Council has also committed to working with its ...
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ArticleNeal moves up at Mazda
Car organisation Mazda Motors UK has promoted Liesa Neal to human resources director.In her new position, Neal will be responsible for employee development and training, recruitment, and coaching in the UK and Ireland.Neal has worked at Mazda since 2005. While at the organisation, she has been involved in overseeing performance ...