All articles by kscott – Page 156
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ArticleNestle agrees pay and pensions deal for employees
Food and drink organisation Nestle has agreed to a pay and pensions deal for 7,600 UK employees put forward by the GMB and Unite trade unions.The new package includes a career average defined benefit (DB) pension based on an 80th accrual rate for all existing members, the introduction of a ...
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ArticleHE Simm sees 82% of staff take up health checks
Building services organisation HE Simm has seen 82% of its 240 UK-based staff take up confidential health checks offered as part of its health and wellbeing strategy.The 20-minute checks, provided by Let’s Get Healthy, were launched in April and May 2016 to monitor employees’ height, weight, BMI, body fat percentage, ...
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ArticleWatch Employee Benefits Summer School 2016
Employee Benefits Summer School will return next week (Monday 15-Thursday 17 August 2016).The series of short e-learning tutorials will enable benefits and HR professionals to gain insight on the latest trends in key benefits areas, including health and wellbeing, workplace savings, and global mobility.On Monday 15 August, Beate O’Neil, head ...
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Article90% of US employers to offer virtual health services to staff in 2017
The majority (90%) of US employer respondents will make telehealth services, such as virtual monitoring and data transmission and telephone support, available to employees in states where it is allowed next year, according to research by the National Business Group on Health. This compares to 70% in 2016.Its Large employers’ ...
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ArticlePaycare introduces paid volunteering leave
Paycare has given its employees two additional days of paid leave so that they can undertake charity and volunteering work.The Wolverhampton-based health cash plan organisation launched the initiative in June to enable staff to support worthwhile causes of their choice.A number of employees, including senior management, have taken up the ...
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ArticleProsys offers Pokemon Go-inspired remuneration to attract staff
Something for the weekend: With 53% of Pokemon Go-player respondents hooked on catching the virtual creatures while at work, according to research by Qualtrics, it is not surprising that employers are looking to the popular game to attract new talent.Danish IT organisation Prosys, based near Copenhagen, has tweaked its remuneration ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 4 and 10 August 2016 are: Sasto Deal introduces menstrual leave policyITN appoints Sian Williams first mental health championTarmac introduces technology schemeUnion to bring equal pensions case against Lloyds Banking GroupHow to motivate Whitehall's feline employees51% of employers view mental health ...
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ArticleGovernment consults on tax-efficient benefits
HM Revenue and Customs (HMRC) has launched a consultation on limiting the range of benefits that attract relief on tax and national insurance contributions (NICs) when provided as part of a salary sacrifice arrangement or flexible benefits scheme.The consultation seeks to examine the potential impact on employers and staff should ...
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ArticleFTSE 350 pension deficits increase by £10bn in five days
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed organisations increased by £10 billion in the five days to 4 August 2016, according to research by Mercer.Its Pensions risk survey, which is based on analysis of pension deficits using the approach organisations adopt for ...
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Article91% believe technology will impact employee wellbeing
The majority (91%) of employer respondents believe that technology will continue to impact the wellbeing of their workforce over the next 10 years, according to research by Bupa UK.The survey, which polled 13 experts and 300 business leaders, also found that 68% of business leader respondents feel that a ‘stiff ...
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ArticleChipotle enhances education benefits for US staff
Mexican grill restaurant chain Chipotle has launched a new education initiative to give US-based staff access to online college classes and university degree programmes at a discounted rate.Chipotle, which has a 60,000-strong workforce, introduced the initiative to support the development of employees and help attract and retain top performers.The new ...
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ArticleBuyer's guide to health cash plans 2016
The factsWhat are health cash plans?A health cash plan allows an individual to receive cash payments that cover the price of everyday healthcare costs. This kind of plan will primarily cover optical and dental care, as well as physiotherapy. However, health cash plans can also be tailored to include more ...
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ArticleMomentum grows around return-to-work schemes
In June 2016, global law firm Herbert Smith Freehills launched a return-to-work scheme aimed specifically at female lawyers who have a minimum of three years’ legal experience and are looking to re-enter the sector after a career break of up to 20 years. In partnership with OnRamp, the one-year fellowship, ...
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ArticleManweb Group agrees £1bn pension longevity swap
Manweb Corporate Pension Trustee has agreed a £1 billion longevity swap with Abbey Life Assurance, which covers around 4,000 members of the Manweb Group of the Electricity Supply Pension Scheme (ESPS).The swap has been structured as a tri-partite insurance policy between the Electricity Pension Trustee, Manweb Corporate Pension Trustee, and ...
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ArticleTarmac introduces technology scheme
Building materials organisation Tarmac has introduced a technology scheme for its 7,000 UK employees.Tarmac launched the SmartTech scheme, provided by Reward Gateway in partnership with Currys PC World, in July 2016. The scheme enables staff to purchase technology products on an interest-free basis from their net salary.The scheme gives employees ...
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ArticleAssociated British Ports to roll out financial education programme to all staff
Associated British Ports is to roll out a multi-generational lifestyle and financial education programme to all of its 2,000 employees.The career-long financial education programme, provided by Jelf Employee Benefits, will be available to staff across 21 ports in England, Scotland and Wales from September 2016.The roll out across the business ...
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ArticleWilletts joins Engie
Engie UK and Ireland has appointed Iain Willetts interim reward director. In this role, Willetts will manage the team responsible for the full scope of the organisation’s reward function. Previously, he held interim management and consultancy positions at organisations such as the Yorkshire Building Society Group, Serco and Oaklea Consultancy.
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ArticleBoldyreva moves in Mondelez International
Masha Boldyreva has changed roles at Mondelez International, moving from reward director, Europe to HR director, Northern Europe.Previously, Boldyreva has worked at organisations including Cadbury, Credit Suisse and Eastern Electricity.
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ArticleWalker moves into Unum HR role
Liz Walker has been appointed HR director at Unum UK. She was previously head of key accounts for the organisation. She has also joined the UK board.Walker has worked at Unum for over 20 years, including 16 years within the Unum US sales team.
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ArticleLamey joins First Names Group
First Names Group has appointed Teresa Lamey chief HR officer. She joins from TMF Group where she was global head of HR.In her new role, Lamey is responsible for recruitment, talent development and training, reward and recognition, business partnering and HR operations support. She will also sit on the organisation’s ...