News – Page 84
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Product in focus: Long service awards
Acknowledging long service can be a cornerstone of reward practice, but changing demographics and career paths has altered the nature of schemes, says Debbie LovewellLong service awards are designed to recognise an employee’s loyalty and service to an organisation. Traditionally, these have often taken the form of a gold watch ...
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First Direct launches recognition scheme
First Direct is to launch a recognition scheme with gift vouchers and thank-you cards in a bid to boost staff motivation.Line managers at the bank will receive training on how to recognise employees who have performed well in the workplace.They will be able to hand out thank-you cards and to ...
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Societe Generale rolls out global reward statements across 35 countries
Societe Generale has rolled out total reward statements to employees in 35 countries in a bid to demonstrate the value of the investment bank's reward package and to make it stand out as an employer of choice.The roll out, which began in the Asia Pacific region on 11 May and ...
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Gold Medal Travel to launch voluntary benefits scheme
Gold Medal Travel is to launch a voluntary benefits scheme for its 700 employees.Staff at the independent travel company will be able to use a branded reward card to benefit from discounts of up to 50% at thousands of retailers across the UK when the scheme launches in August.Its provider, ...
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Procurement International acquires OC Tanner's incentives division
Procurement International has acquired OC Tanner's incentive fulfillment and distribution business.OC Tanner will continue to offer a merchandise distribution service from its warehouse facility in Essex, however, this will now be more targeted to providing a range of product lines that meet the needs of its corporate reward and recognition ...
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Taking holiday increases stress
Taking holiday from work can drive up employees' stress levels, with more than half working extra hours in the run up to their annual leave.Among owner managers, one in seven (14%) said they could work an extra 16 or more hours - the equivalent of about two working days - ...
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HSBC to create employee climate champions
HSBC is to create 2,500 employee climate champions as part of its five-year climate partnership.The bank’s employees will play a key role in the HSBC’s five-year, US$100m partnership created in response to worldwide climate change.Online learning facilities, which will educate staff about climate change, are currently under development and will ...
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Public sector morale low
Morale at work is lowest in the public sector, where 40% of managers believe this is an issue within their organisation. This compares to 16% in the private sector and 6% among not-for-profit organisations, according to the Roffey Park Management agenda 2007. Bureaucracy was considered to be the main workplace ...
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Employers invite staff to air views
IBM and KPMG are using employees' views to boost understanding of their benefits packages and drive take up.IBM has invited all employees to attend focus groups, which will be held at its six major sites this month. It is particularly interested in hearing the views of staff who have previously ...
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Summit news: Talented staff are making extra demands
Talented staff are increasingly making demands for extra benefits, yet employers are being warned that reward strategies aimed at the retention of these employees can divide the workforce.Speaking during a panel debate on Strategies for recruiting, managing and retaining talent at the Employee Benefits Summit, held in Jerez, Spain, David ...
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Thomson Holidays launches electronic scratch card incentives
Thomson Holidays is to launch an electronic scratch card incentive scheme to motivate its sales team.The bespoke scheme for sales staff at the organisation, which is a division of TUI UK, will give successful employees the opportunity to win Thomson holiday discounts with an online scratch-card game each time they ...
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Towry Law surveys staff as precursor to flex review
Towry Law has carried out an employee engagement survey to find out what its 600 staff want from their reward package.The results will be used to drive a review of the company's benefits offering, scheduled to begin this month.Richard Higginson, reward manager at the IFA firm, said this is expected ...
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Employee engagement
Employee engagement: an overviewEmployee engagement: flexible benefitsEmployee engagement: healthcareSponsor's comment: Staff aching for wellness schemesEmployee engagement: total rewardEmployee Engagement: pensionsSponsor's comment: Pensions need a keen specialist eyeEmployee engagement: company carsSponsor's comment: Reverse declining take-up of fleet perksEmployee engagement: financial educationEmployee engagement; rehabilitationSponsor's comment: Provider proximity is key to staff rehabilitation ...
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RSM International formalises secondment programme for staff
RSM International has formalised its international secondment programme for staff across its 73 member firms worldwide, to give guidance to those wishing to work at another member firm.The audit, tax and consulting network has over 24,000 staff working in 630 offices worldwide, and the programme has been designed to develop ...
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Engaging staff can help to reduce turnover
Employers can drive down labour turnover and improve productivity by engaging and recognising employees at work. This is according to Sophie Jenkins, European consumer services director at Lego, speaking on improving business performance at the Human Resources Forum, held last week. Lego conducts regular staff surveys to identify how employees ...
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Aon gives extra holiday to celebrate twentieth anniversary
Aon is to give all employees an extra day's holiday to be taken on their birthday to celebrate its twentieth anniversary.Over 5,000 UK employees will benefit from the perk over the next year in recognition of the date Aon was quoted on the New York Stock Exchange on 24 April ...
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Corporate Rewards launches pre-pay card
Corporate Rewards has launched a pre-pay card to help employers motivate staff.Employers can load cash amounts onto the Corporate Rewards Card to reward or incentivise staff, who can then spend the credit at any outlet that accepts MasterCard.Sean Wilkinson, managing director at Corporate Rewards, explained: "Employers can load on money ...
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Bucks Council looks for provider to develop reward concept
Buckinghamshire County Council has developed a reward concept that links to its organisational values and is now looking for a benefits provider to produce software for the motivation scheme with a view to also offering it to other employers.Under the planned scheme, staff will be able to log into an ...
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Morrisons introduces staff discount to tackle turnover
Morrisons plans to introduce a 10% staff discount as part of its bid to reduce high turnover.The move is part of the supermarket chain’s planned £450m investment to modernise its stores and will be available to all 118,000 employees across the business.Marc Bolland, the company’s new chief executive, said: “In ...
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BT launches university foundation degree for staff
BT has created a new foundation degree for its employees, in partnership with the University of Sunderland.BT Global Services UK and the University of Sunderland have developed a foundation degree in sales account and relationship management in order to offer BT employees business-focused, work-based higher education. The two-year programme will ...