All articles by Peter White – Page 2
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News update - RAC earmarks absence cash
RAC is to introduce an all-employee share scheme using savings it has made by reducing sickness absence.The automotive firm has been able to set aside an amount of money earmarked to help offer staff free shares through a share incentive plan. It did this after it calculated how much it ...
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News update - GSK points the way
GlaxoSmithKline (GSK) has refreshed its structured employee car ownership plan (Ecop) to ensure individual drivers are punished for dangerous driving rather than the whole fleet.Insurance for drivers is now based on an individual employee's driving record and not on the records of all drivers added together. This ensures good drivers ...
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News update - MCC bowls over DB doubters
The Marylebone Cricket Club (MCC) has responded to the pensions crisis by re-introducing a final salary (DB) pension scheme - bucking the trend of many organisations.Grant Jenkins, HR and training manager at the MCC, the private members club which owns Lord's cricket ground, said: "It's been clear cut for many ...
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News update - Phone perk proves hit
The Royal Bank of Scotland (RBS) has seen over 1,600 employees choose a mobile phone as part of the firm's latest flexible benefits roll-out.Graeme Wylie, head of pension and benefit services at RBS, said the majority of the bank's 84,000 employees elected to change their benefits this year and the ...
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News update - Grocer uses Tesco links to benefit staff
T&S Stores has used its connections with Tesco to offer staff a better range of voluntary benefits, including mobile phones.Neil McCawley, pay and benefits manager at the convenience store chain, said that he traded on the supermarket giant's name when procuring a new range of benefits because it meant staff ...
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