All articles by System Administrator – Page 125
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News update - Orange goes on safety drive
Orange has launched a risk assessment programme to improve driver safety - employees who fail will have to return to the classroom.The mobile telecoms firm has introduced the online package, run by risk management provider Peak Performance, to ensure staff meet a certain standard. If they don't they will be ...
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Feature - Employee car ownership shifts a gear
If you read nothing else, read this ... An employee car ownership plan (Ecop) is an employee-based car ownership deal. Employers with large fleets, a high proportion of 40% tax payers, and a large number of drivers who do high mileage are most likely to benefit from switching to ...
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News update - NU sale/lease back
Norwich Union has implemented a sale and lease back on 500 company cars after it brought together all its cars through one deal. The insurance company previously purchased and self managed its fleet, but now all of its 2,500 cars will be on a full maintenance contract hire deal with ...
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Events news - BBC Aecop reorder rated
The BBC has hailed its all- employee car ownership plan (Aecop) as a careering success, with 95% of participating staff reordering at the end of their first-year's lease.The broadcaster scrapped its traditional company car scheme in favour of a structured personal ownership scheme available to all staff.Paul Farley, HR director, ...
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Website Strawpoll
Yes 24%No, but we are considering it 52%No, and we are not considering it 24%This time last year the number of employers that had introduced home computing schemes was negligible. The re-launch of the government's HCI initiative in January, which helped clarify the tax guidelines for schemes, has had an ...
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In the news
The storyDrinks firm Diageo, which produces Guinness, has agreed to put £100m into its underfunded final salary UK pension scheme by March next year. It has made the contribution through transferring four million shares that it owns in US food firm General Mills. Diageo's 2004 annual report showed that its ...
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News update - Microsoft staff can now sell leave
Microsoft has introduced a wine club, AA membership and the ability to sell holiday time (previously staff were only able to buy leave) into its flexible benefits scheme. Mary Giles, head of compensation and benefits, said: "When we introduced flex, we chose to offer staff the chance to buy holiday ...
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News update - Pru's Sip and home PCs are hits
Prudential's share incentive plan (Sip) and home computing scheme are the most popular benefits introduced in the company's third flexible benefits roll-out. Russell Martin, HR director, said: "We need to make sure we have things that are relevant to all income groups and lifestyles." A concierge service and wine club ...
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News update - Retailer helps out locals
John Lewis has used community volunteer work to help with its management training programme.Some 95 managers from its Peterborough store spent a day at a special needs school carrying out activities such as designing fashion and drama shows, creating activities such as treasure hunts for the children and organising a ...
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News update -New perks to help morale
Following a number of years of takeovers and acquisitions Southern Water has introduced a new benefits package to ensure staff stay at the company.It introduced a home computing scheme and childcare vouchers in October.Chris Tate, training and development manager at Southern Water, said: "Over the past few years because of ...
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Outbox - Guest Opinion
Should you offer an enhanced benefit package for your employees or should you move to a cash-only option? The change in demographics, technological advances, growth in flexible working styles and the increase in knowledge workers all mean new employment relationships, such as ‘portfolio careers’ or multiple employers for staff. These, ...
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News update - Whitbread staff make payroll gifts
Nearly 4,000 employees at leisure firm Whitbread have signed up to a payroll giving scheme. This is expected to allow the firm to donate £500,000 to UK charities over the year. Many employees chose to support multiple charities but the campaign showed that most staff favoured local charities. The scheme ...
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News update - NAPF publishes pensions guide for firms
The National Association of Pension Funds (NAPF) has produced a guide to pensions simplification to help organisations get to grips with the subject.The body, which looks after pension issues on behalf of employers, introduced the 28 page guide to help those in charge of occupational schemes understand pension changes that ...
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News update - Financial firm offers share plan
Mourant has launched an employee share plan after reorganising its ownership structure from a partnership to a limited company. All employees at the financial services firm will receive share awards.
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Feature - Global free share plans
If you read nothing else, read this ... Since planning is integral to success, do not underestimate the time required to set up a global free share plan. Communication is vital to achieve support, establish co-ordinators in every country, and above all, engage employees. Do a cost-benefit analysis after ...
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Events news - Income protection pays off
Redesigning its income protection scheme helped SG CIB to cut costs by approximately £150,000.Previously, the financial services firm did not communicate the scheme, because rising costs meant that it did not want employees to know about or use it.Speaking in a session entitled 'Effective and efficient benefits communication', Robert Potter, ...
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Events news - Keep flex planning fluid
Britvic has seen 93% of its workforce enrol in its flexible benefits scheme that it introduced in the summer.The soft drinks firm, which manufactures Pepsi and Tango in the UK, reported that employees were particularly impressed with offerings such as its home computing scheme.It also took advantage of tax and ...
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Events news - Trust is key to work-life parity
Trust is essential if employers are to create an organisation in which employees want to work.Speaking in the keynote session, 'Creating a great place to work - what do employees want?' Linda Holbeche, assistant director at charitable education trust Roffey Park Institute, said that with the boundaries between employees' home ...
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Events news - On the road to PC totality
More than half of employees at Tibbett & Britten have taken advantage of the salary sacrifice benefits scheme it implemented earlier this year.The fact that the supply chain management firm was able to reclaim the VAT on all PCs purchased through its home computing scheme, as well as make tax ...
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News udpate - Employers to be tax savvy
Employers are being encouraged to review their entire pension arrangements for staff in time for legislative changes coming into effect in April 2006.The Finance Act 2004, which was given Royal Assent in July 2004, introduces a number of changes to the way occupational pensions are taxed.Ken Macintyre, pensions policy analyst ...