All articles by System Administrator – Page 128
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Website Strawpoll
Yes 61%Maybe 9%No 30%Under employee share schemes, such as share incentive plans (Sips), where staff buy shares each month, the lower the price the more shares they are buying. In a market that has apparently bottomed out, taking advantage of low share prices can maximise the benefits on offer. Likely ...
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News update - Siemens puts plan online
Siemens has launched an online voluntary benefits scheme to give staff the chance to take advantage of its bulk buying ability.The company launched the scheme at the beginning of this month and it will be available to all of its 18,000 employees.Ben Debnath, head of HR policy and processes at ...
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News update - WestCom takes over perks
Internet connection firm Radianz introduced e-benefits IT following its takeover by US firm WestCom.WestCom said it wanted staff at Radianz, now branded WestCom Europe, to keep all their core benefits after the acquisition, despite the differences between US and UK attitudes to perks.Maureen O'Connor, director of corporate services, said: "The ...
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In the news
The storyEmployees could be given the power to veto changes to company pension schemes under proposed legislation announced at last month's Conference of the Trades Union Congress. Alan Johnson, the secretary of state for work and pensions announced that the Pensions Bill would include a new power requiring at least ...
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News update - Helpful tax ruling for HR
Salary sacrifice schemes and flexible benefits will not be affected by the Inland Revenue's recently published guidelines surrounding tax avoidance after the initial consultation stated that all employment products would be included in new disclosure rules.The Revenue's September note said: "In the context of employment products this [need not to ...
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Outbox - Guest opinion
If you take 67,000 employees, measure their performance, assess their key skills and evaluate their personal development, what's the one thing that you can be sure of? They're all different. While there may be broad skills and common development areas by which we can group our employees, the one thing ...
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Feature - On-site healthcare
If you read nothing else, read this … ? Some 18% of organisations now have an on-site occupational health department, while 3% offer it as a core benefit. ? How an employer chooses to deliver a service will determine its cost-effectiveness. ? London Underground saved over £76,000 in a year ...
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Feature - Lifestyling pensions
If you read nothing else, read this ... Most defined contribution (DC) pension providers offer lifestyling, in which the funds are invested in equities to start with, and then moved gradually into fixed interest or cash over the last few years before retirement. It is popular as a default ...
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Feature - Prioritise your perks
In summaryBenefits have been starting to upset a number of high profile business deals over the past few months. And this trend doesnÂ’t seem to be stopping. Pension funds are particularly troublesome. At the same time, some benefits such as community projects get binned at the first sign of business ...
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Feature - Flexible retirement plans
In summaryNot all employees are young whippersnappers; there is a growing population of older workers who need to be looked after. Organisations are coming up with clever ways to recruit and retain these employees. We look at how pension benefits, along with other life benefits, are affected by our changing ...
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News update - Mini flex plan is extended
Ajilon is launching its first full year of flexible benefits after running a six-month long mini-scheme.The recruitment consultancy, which includes brands such as Adecco and Office Angels, was unable to introduce a full scheme when it launched the plan in July because it wanted to allow staff to flex their ...
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News update - Doctors react to raised retirement
Half of all doctors believe that if the normal pension age is increased from 60 to 65, it will be deter doctors from taking posts within the NHS. The survey was conducted by the British Medical Association as part of the NHS Confederation's review of its pension scheme. The majority ...
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News update - Disability law now in full effect
The final phase of the Disability Discrimination Act (DDA) came into effect on 1 October. All employers with fewer than 15 staff and those previously exempt professions such as the police, prison officers, fire fighters and barristers will now have to comply with the terms of the Act. They must ...
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Nine-in-ten workers would like the opportunity to have a computer at home.
And over 70% of those that currently don't have a computer at home would consider buying one if their employer ran a home computing scheme. The research also found that an employee earning £35,000 a year can save nearly £200 a year in tax and National Insurance by purchasing a ...
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News update - HBOS matches staff charity haul
HBOS matches staff charity haul Employees at HBOS have raised £1m in nine months, which they have donated to the Help the Hospices charity. Employees participated in fundraising schemes that included raffles to win time off work and tickets to major sporting events. The high street bank matched every employee ...
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News update - Ceridian staff flock to flex plan
Some 80% of employees at HR consultancy firm Ceridian Centrefile enrolled in the company's recent flexible benefits launch. The firm put the high take-up down to its approach to communication which included emails from the managing director and information sent to employees' home addresses. Employees are now able to flex ...
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News update - CEOs take lead in CSR programmes
The majority of large organisations are taking corporate social responsibility (CSR) extremely seriously by having the chief executive in charge of CSR programmes. A study, produced by communications consultancy Hill & Knowlton, found that CSR policies were the responsibility of the chief executive in just under half of European firms. ...
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News update - A wellbeing centre may be wise move
Sage is opening a health and wellbeing centre following the IT firm's recent relocation to a new head office in Newcastle. The office houses 1,300 staff and the centre is planned to open in November 2004. It expects membership to reach 500 in a year.
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Buyer's Guide feature - Home computing schemes
After a slow start, and a big push from the government this January, home computing initiatives are finally gathering momentum. "Awareness of these schemes among senior business decision makers has risen from 37% before the Department of Trade and Industry (DTI) launched the new guidelines in January to 72% at ...
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News update - Builders enjoy their flexibility
Construction workers prefer flexible working over a free bar tab. Over 60% of builders and engineers voted flexible working arrangements as their favourite benefit in a survey carried out at the National Engineering and National Construction Recruitment Exhibition. And only 8% chose a free bar tab. Other popular benefits include ...