All articles by Marianne – Page 20
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Case StudiesPeel Ports Group puts staff at heart of reward strategy
The organisation is currently creating a deep-water terminal for containers, Liverpool 2, which will result in an expanded workforce. An additional 480 roles will be created, along with around 5,000 additional supply jobs in the north west of England.Due to open at the end of 2015, Liverpool 2 is a ...
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AnalysisWhat are the latest trends in default investment strategies?
If you read nothing else, read this…The pension freedoms and auto-enrolment have impacted default funds.Default investment funds should offer employees choice and future-proofing in order to be effective saving tools.Employer communication is vital to ensure staff are aware of their options and what the default fund entails.Opportunity for changeThe pension ...
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Case StudiesCancer Research UK diversifies default fund
Cancer Research UK (CRUK) replaced its equity-based default investment fund with a more diversified, less traditional option following the introduction of April’s pension flexibilities. Since then, of CRUK’s 800 staff, and those who left its defined benefit (DB) pension scheme when this was closed to future accrual on 31 March ...
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Case StudiesThe benefits offered by Peel Ports Group
PensionStakeholder pension scheme available for all UK employees.Minimum employee contribution set at 4%, with matching employer contributions of between 4% and 10%.Health and wellbeing Private medical insurance (PMI) available for all senior managers and executives.Health cash plan available to all staff as a core benefit.Eye care plan.Employee assistance programme (EAP).Group ...
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ArticleAge UK offers benefits to support all generations
Employee Benefits Live 2015: Reward strategies need to be inclusive of all generations in the workplace so as to not discriminate against older workers, according to Caroline Bendelow (pictured), director of people and performance at Age UK.Speaking at a session at Employee Benefits Live 2015, Bendelow explained that employers need ...
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ArticleFollow the action at Employee Benefits Live
Employee Benefits Live, Europe’s largest employee reward and benefits event, returns for its 17th year today and tomorrow (21 and 22 September) at Olympia National, London.More than 2,000 visitors, including benefits, reward and human resources managers, are expected to attend the two-day event.Delegates will attend conference sessions on topics such ...
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Article19% motivated by regular rewards
Around one in five (19%) of employees are motivated by regular workplace rewards such as weekly or monthly treats, according to research by corporate gift card provider One4all Rewards.Its Push the button report, which surveyed 1,008 UK adults, also found that benefits such as increased pension contributions, savings on travel ...
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ArticleEmployee Benefits digital magazine - October 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online version using the links on the right under ‘Related Articles’ (these articles will go live in stages during October 2015).Read the full digital October edition of Employee BenefitsIn a fast-moving economy, successful businesses ...
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ArticleFTSE 250 CEO remuneration declines by 3%
The median level of total remuneration received by chief executive officers (CEOs) in the FTSE 250 fell by 3% last year, according to research by FIT Remuneration Consultants.Its annual FTSE 250 directors’ remuneration survey also found that 31% of CEOs received no salary increase, down from 33% the previous year.The ...
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ArticleThe benefits of being a mermaid
Something for the weekend…Over 1,000 people in the United States now work as professional mermaids or mermen on a full-time basis, according to a study by Fast Company.According to the report, vacancies for merpeople have blossomed in popularity thanks to an increase in under-the-sea themed restaurants and bars and celebrities ...
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ArticleDelta Airlines to increase pay and pension contributions
Delta Airlines is to increase its base pay for most employees and enhance its matching contributions to employees’ 401(k) plans.From 1 December 2015, all eligible merit, ground and flight attendant employees globally will receive a base pay increase of 14.5%Delta will also increase its 401(k) dollar-for-dollar match from 5& to ...
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ArticleHeavy workload prevents 32% from taking time off when ill
Almost a third (32%) of workers do not take time off work when ill because of a heavy workload, according to research by group risk provider Canada Life Group Insurance.Its survey of 1,000 workers also found that 21% are concerned about the financial implications of taking time off work due ...
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ArticleInnocent Drinks to discuss the workforce of the future
Innocent Drinks will present the opening keynote session at Employee Benefits Live 2015 on 21 September, focusing on how employers can engage the workforce of the future.Jane Marsh, group people director at Innocent Drinks, will discuss how the organisation has created a culture of engagement among its staff.Innocent Drinks’ workplace ...
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Article95% feel duty to inform staff of pension changes
Almost all (95%) of employer respondents believe it is their responsibility to inform their staff about any changes to pensions legislation, according to research by financial adviser firm Foster Denovo.Its survey of 200 employers and 200 employees also found that three-quarters (75%) of employee respondents agree that it is an ...
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ArticleMartha How to discuss benefits segmentation
Martha How, reward partner, Aon Employee Benefits will present new research on the generational segmentation of benefits at Employee Benefits Live 2015.How (pictured) will discuss her findings and recommendations at a session entitled ’Is age just a number?’ on 21 September.During the session, she will delve into the results of ...
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ArticleHeineken agrees £2.4bn pension longevity swap
Heineken has entered into a longevity transaction for its defined benefit (DB) pension scheme with Friends Life, which is now part of Aviva.The longevity swap transaction covers £2.4 billion of pension liabilities and insures the longevity risk for 19,000 pensioners who are part of the Scottish and Newcastle Pension Plan.The ...
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ArticlePMI to discuss auto-re-enrolment challenges
The Pensions Management Institute (PMI) will discuss how employers can tackle the challenges of pensions auto-re-enrolment at Employee Benefits Live 2015.The session, taking place on 22 September 2015, will also cover the impact of auto-enrolment three years on, the effect of the government’s latest exemptions, how employers can prepare for ...
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ArticlePolice officer takes tongue-in-cheek approach to appraisal
Something for the weekend…A police officer, who is part of the force in Warwickshire, has taken a light-hearted, tongue-in-cheek approach to his self-assessment appraisal, noting his openness to change and strong ability to work with others as some of his attributes.Other notable aspects of the appraisal include:Serving the public: “I ...
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ArticleTop 10 most read stories this week
1. Former BT employee is entitled to sick pay2. Facebook named top UK employer for pay and benefits3. British Airways Gatwick staff face lower pay4. Checkatrade.com launches staff engagement programme 5. Withers to discuss what makes an award-winning benefits scheme6. World Duty Free Group to discuss staff recognition7. RehabWorks acquires ...
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ArticleVMware to discuss employee value propositions
Software firm VMware will discuss how employers can construct an effective employee value proposition (EVP) and the impact this can have on staff engagement, at Employee Benefits Live 2015.Ian Wright (pictured), senior manager, compensation and benefits at VMware, will also examine how an effective EVP can enhance the overall brand ...