All articles by System Administrator – Page 38
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Article
New wave alchemists turn green into gold
There's a serious financial case for adopting a green fleet strategy, and as journeys diminish cash savings pile upEverybody knows that cutting carbon emissions is good for the planet. Figures from the Met Office show that the last five years have been the warmest on record in the UK, a ...
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Article
Severn Trent offers Aecop
Severn Trent Water has launched an all-employee car ownership plan (Aecop) to enable its 5,000 staff to lease their own vehicle at a discounted rate over a set period.Under the new arrangement, also known as an affinity scheme, employees can select a vehicle, arrange a lease period with the provider, ...
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Article
Employee Benefits/Towers Perrin Flexible Benefits Research 2008
The surveyAttitudesWhat’s on offerAdministrationCommunicationSalary sacrificeSponsor’s comment by Towers Perrin: Give staff ever greater controlThe surveyOur survey, which was carried out in January 2008, received 541 responses from Employee Benefits readers and users of www.employeebenefits.co.uk†††Key Findings81% of respondents believe flex recognises the diverse needs and values of the workforce.54% of respondents ...
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Article
Employee Benefits Summit 2008
OverviewA conference of the highest qualityWho will attendSponsor-led workshopsHow to get involvedDetails of the Employee Benefits Summit 2007Photographs of the Employee Benefits Summit 2007Overview†The Employee Benefits Summit brings together the most influential benefits professionals, providers, consultants, commentators and industry experts to discuss the future of the industry.Facilitated by Employee Benefits ...
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Article
Cars and fleet - definition - Cash allowance
A cash allowance is an allowance paid in lieu of a company car to employees who would qualify for a company car. Allowances can be paid to employees who have to use their cars for business as well as to those who simply receive this benefit as a perk. However, ...
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Article
Cars and fleet - definition - Affinity company car scheme
Affinity car schemes allow employers to strike a deal directly with a manufacturer or through a leasing company, and provide employees with access to cheaper prices on the purchase of new and used cars. Deals come at little cost to employers but use of cars for work should comply with ...
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Article
Confessions of a Benefits Manager
Candid fast forwards to Valentine's Day and tries to identify her secret admirer, but the shortlist from within the office proves both thin on the ground and thin on topCandid: It was on my desk when I came in this morning: a nice red envelope tucked under my keyboard. I ...
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Case Studies
Punch Taverns' thirst for immediate perks
Case study: Punch Taverns' thirst for immediate perksLast year, Punch Taverns launched an instant reward programme for both its head office and pub employees to encourage staff to demonstrate the organisation's values.Through the scheme called Proud, which is an acronym of the company's values: P - pride, R - respect, ...
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Article
Best practice from thought leaders 2008
Adapt best practice to suit own needsFacing flexFlex can be the glue that offers consistency across businessesBeing proactive on healthDriving down cost of absence with analysis of sickness dataAccounting for changeTailored modelling tools help staff get realistic about retirementBuild robust rewardDishing out reward for hitting strategic goals creates valueRisk products ...
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Case Law: Flexible Working
Employers should ensure they reasonably consider flexible working requests from eligible staff, after a former house manager at London arts centre, the Barbican, Nicola Adedeji, successfully sued the City of London Corporation for unfair dismissal and sex discrimination.Adedeji, who had worked at the organisation for more than 10 years, first ...
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Article
Staff value training perk
QUALIFICATIONS awarded by employers will boost staff motivation and retention and provide a benefit that is attractive to new joiners, say HR experts.McDonald's, Flybe and Network Rail have been given the power by the Qualifications and Curriculum Authority (QCA) to award their own qualifications to staff.John McGurk, skills adviser at ...
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Article
Lloyds TSB to move total reward statements online
LLOYDS TSB is planning to move its total reward statements online, and simplifying and re-branding existing paper statements to help employees better understand the benefits on offer.The bank is concerned that its existing paper statements contain too much information, making them confusing for its 65,000 staff.To make the information clearer, ...
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Article
Guide to welfare law
Legal & General is providing employers with a free guide to the Welfare Reform Act 2007. The Welfare Reform Bulletin outlines the legal changes that will be introduced in October and the effect these will have on group risk products. Under the new law, staff will find it harder to ...
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Article
Law goes up in smoke
Employers in England are still not fully complying with the ban on smoking in workplaces and company vehicles, according to the Department of Health.It has issued more than 6,646 warning letters to employers for not displaying the right signage in vehicles and workplaces since the ban was introduced last July.Companies ...
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Article
Law firm Simmons uses feedback to tailor perks
Simmons & Simmons has introduced holiday trading and a cycle-to-work scheme, and is planning further benefits later this year, in response to feedback from a staff survey.It is implementing the perks in order to better tailor benefits to suit the individual lifestyles of its 850 eligible employees.In early January, staff ...
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Article
DC service levels differ
Only 56% of contract-based defined contribution (DC) schemes have a service level agreement (SLA) with their scheme administrator compared with 84% of trust-based DC schemes. Watson Wyatt's FTSE 100 Defined contribution pension plan survey shows that 91% of trust-based plans have investment monitoring, compared with only 33% of contract-based schemes.
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Article
EC Harris pools multinational cover
EC HARRIS plans to implement a multinational pooling arrangement for its life assurance and income protection benefits so that each of the organisation's subsidiaries will band together to run the schemes as a single global vehicle.The property consultancy pooled these benefits in the UK and Ireland in January, with a ...
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Article
Confirmation of gains tax
The government has confirmed that staff who own shares in their employer, including members of sharesave schemes, will have to pay 18% capital gains tax on any gain above £9,200 from April 2008.Employees will not qualify for the concession introduced last month whereby entrepreneurs will pay a 10% tax rate ...
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Article
Council's staff club online
KENT County Council has moved its staff club, which offers discounts on entertainment, online in order to make it easier for employees to access the perk and to cut administration levels.The council bulk buys tickets for events such as West End shows and concerts, and then passes the savings on ...
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Article
Westfield launches healthcare cash plan
Westfield Health has launched a healthcare cash plan that includes cover for optical care, dental care and therapy treatments. Staff that take the cash plan will also have access to a GP consultation service that allows both employees and resident members of their family to speak over the telephone to ...