All articles by System Administrator – Page 35
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Article
Low faith in pension plans
Employees place more trust in themselves than their employers to provide a pension for when they retire, according to research released by the National Association of Pensions Fund (NAPF).The NAPF's inaugural Workplace pensions survey showed that 36% of the 1,317 respondents trusted themselves to provide a pension for their retirement, ...
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Article
Eyecare policy myopia
One-in-five (21%) companies do not have, or don't know whether they have, an eyecare policy for their staff, according to research carried out by Specsavers. The survey of over 100 HR professionals across the UK also revealed that some employers (9%) were not familiar with the 1992 Health and Safety ...
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Article
Dental perks too costly
Two-thirds (67%) of employers think dental benefits are too costly to provide, although almost three-quarters express concern about the oral health of their staff, according to research conducted by HSA. Its Annual dental survey 2008 of 321 companies also found that 65% believed their employees would value dental care above ...
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Article
Hoffman heads for Computacenter
Computacenter has appointed Barry Hoffman, head of HR at Charteris, as its UK HR director. Hoffman said: "My first priority is to build upon the excellent work already undertaken to create and manage a talent pipeline. The people strategy is truly at the heart of the organisation's plans to secure ...
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Regulation changes for debt of DB members
Changes to the Employer Debt Regulations will give employers greater flexibility when dealing with the debt that arises when they cease to employ active members in a defined benefit pension scheme. The changes to the existing employer debt regime, which are due to come into effect on 6 April, should ...
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Article
White & Case looks to revamp flex plan
Law firm White & Case is planning to introduce carbon offsetting and mole screening as part of efforts to revamp its flexible benefits scheme.If the plans are approved by the firm's executive committee, its London-based employees, which number more than 600, will have access to a skin screening service provided ...
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Article
CAA takes first steps to flex
The Civil Aviation Authority (CAA) is launching paper total reward statements (TRS) and a voluntary benefits scheme this summer as the first step towards rolling out flexible benefits in the longer term.The CAA plans to send out the statements after its annual pension statements have been distributed in an effort ...
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Article
Budget places emphasis on fleet emissions
Business cars will be subject to emission-based capital allowances following the Budget last month. Cars will be placed in one of two capital allowance pools, according to their CO2 emissions, with vehicles releasing more than 160g of carbon dioxide per km attracting a 10% writing down allowance, while those which ...
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Article
Wilson moves to Bradford and Bingley
Bradford and Bingley (B&B) has appointed Sandy Wilson as its new head of group reward. He joins from Norwich Union, where he was head of reward. Wilson said: [As B&B is not as large], it is much easier to communicate and I can implement reward quicker."
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Article
Iceland unveils voluntary benefits scheme online
Iceland has revamped its benefits offering by introducing an online and paper-based voluntary benefits scheme in a bid to improve staff retention.Previously, the supermarket chain had various standalone voluntary benefits in place.The new scheme, provided by Asperity, offers employees access to discounted shopping at stores such as Comet, Sainsbury's and ...
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Article
Unisys adds to flex scheme
Unisys has refreshed and improved its flexible benefits scheme by adding five new benefits in order to give staff more choice and aid recruitment and retention.The technology firm has added travel insurance, health screening for employees' partners, experience days, magazine subscriptions and the facility for staff to conduct credit checks.Andrew ...
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Trustees show concern about the demands of their role
Almost half of pension trustees from the UK's largest defined benefit (DB) schemes are worried about the growing demands of their role. Of the 250 trustees questioned by the Aon Consulting trustee survey, 46% said they found it difficult to find time for their role. This sentiment was more acute ...
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Case Studies
Case study: Flight Centre's engagement plan climbs high
Case study: Flight Centre's engagement plan climbs highFlight Centre promotes engagement using team activities and recognition.Fleur Stafford, employee engagement and development manager, explains: "It's important to us that our employees are engaged, that they think Flight Centre is a great place to work, will recommend us to their friends [as ...
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Case Studies
Case study: Camelot aligns reward with company values
Case study: Camelot aligns reward with company valuesCamelot aligns its reward package with company values to boost engagement levels.Steve Thompson, HR director, says: "From day one, it is critical that employees are engaged with our vision [of] serving the nation's dream, and understand they're part of our overall purpose, which ...
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Case Studies
Case study: QVC channels survey data
Case study: QVC channels survey dataHome shopping broadcaster, QVC, began measuring the engagement levels of its 2,300 UK employees last year when it ran a survey to identify the impact of employee engagement on its business performance.Frank Robinson, HR director, explains: "Providing an environment where people want to give their ...
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Case Studies
Case study: Network Rail staff signal change
Case study: Network Rail staff signal changeNetwork Rail, which manages the UK's rail infrastructure, has measured engagement since it took over Railtrack five years ago.Bob Hughes, talent and employee engagement manager, says: "We [effectively] needed to build a new company and change the culture so that we created a safe, ...
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Case Studies
Case study: Mace builds perks despite slowing markets
Case study: Mace builds perks despite slowing marketsConstruction consultancy Mace is continuing to bolster the benefits that it offers for staff, despite the tightening economic conditions.So far this year, it has already increased its employer pension contributions by one percentage point, introduced a cycle-to-work scheme and added one extra day ...
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Case Studies
Case study: FirstGroup drives in-house savings plan for staff
Case study: FirstGroup drives in-house savings plan for staffBus and rail operator FirstGroup hopes its financial education scheme will help employees ride out the credit crunch.The firm encourages its workers to save and borrow through company-sponsored credit unions, which are currently used by a third of its workforce. It also ...
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Case Studies
Case study: Hertfordshire Council cuts unique supplier deals
Hertfordshire Council cuts unique supplier dealsHertfordshire County Council negotiates its voluntary benefits direct with suppliers for strategic reasons.Its voluntary benefits are integrated into its work-life balance initiative rather than standing alone and benefits are only included if they add value to the council's three work-life policy strands of care, health ...
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Case Studies
Case study: Lee Valley Regional Park Authority
Case study: Glide through changeWhen Lee Valley Regional Park Authority introduced flexible working arrangements in 2006, one of the biggest barriers to the change was its management's traditional attitudes to working hours.Claire van der Most, HR manager, explains: "Our objective was to become an employer of choice. Staff turnover was ...