All articles by System Administrator – Page 43
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Article
Employee Benefits Conference 2007, London
To view a presentation from the Employee Benefits Conference 2007 which was held in London on 2-3 October, please click on the 'Download' link next to the speaker name below. Not all speakers are able to give us permission to put their slides online. When this happens we have tried ...
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Case Studies
Rok Construction plans flexible benefits to harmonise perks
Construction company Rok is keen to implement a flexible benefits scheme in order to harmonise perks across the group following a spate of acquisitions. In a step in this direction, it asked four firms to tender to run a feasibility study into the suitability of launching a scheme, before settling ...
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Article
Grab a soapbox and shout about your achievements
Amanda Wilkinson, Editor, Employee Benefits: The hard work of compensation and benefits practitioners often goes unnoticed in an organisation. Employees expect perks by right, finance perceives them to be a cost burden, and senior management often fail to understand the contribution that benefits can make.This lack of recognition can be ...
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Case Studies
Alliance & Leicester runs financial education seminars
Alliance & Leicester (A&L) began running financial education seminars on its share plans after the bank floated in 2000 to ensure that staff understood their potential exposure to tax liabilities and the stock market.Paul Askew, share plans manager at A&L, says: "We saw a stockpiling of shares and having far ...
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Booker outsources staff mileage charging
Wholesale food retailer Booker, has outsourced the administration process involved in charging employees for driving personal miles in a company car, to fleet management company The Miles Consultancy.Drivers now use an online fuel reporting system to log their personal miles each month, while The Miles Consultancy tracks where and when ...
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Article
Sony builds staff's health and finance know-how through sessions
Sony Pictures Entertainment has launched a programme of regular health and wellbeing and financial education sessions for staff.This will tackle different issues each month, alternating between health and financial topics. On-site health screening will be made available for staff each day this month until 12 October, while in November they ...
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Case Studies
GSK outlines perks for staff via financial education
GlaxoSmithKline (GSK) has put in place a programme of financial education so that staff understand their benefits.Julie Skidmore, financial and education manager, says: "We are looking to get a good return on the investment we put in [in terms of recruitment, retention and motivation]. But, on the flipside of that, ...
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Case Studies
KPMG has 16 options in its flexible benefits scheme
Financial consultancy firm, KPMG UK, has 16 options in its flexible benefits scheme, but the most popular is life assurance, followed by the pension and medical insurance.The next most popular benefit is holiday trading so staff can buy or sell leave provided they are left with between 20 and 30 ...
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Article
Flexible benefits supplement October 2007
Make sure a supplier does your biddingLook for potential savings to fund flexible benefitsIt's tough working out how to refresh flexChoice over popular perksMake best use of potential flex dataFlex makes gains in corporate lifeSponsor's comment: Flew reward: the next generationInterest in flexible benefits never seems to fade. Even Gordon ...
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Article
Happiness research 2007
Benefits to make staff happyYouGov Employee Happiness IndexHow to drive happiness in the workplaceHow happy workers behaveSatisfaction with benefitsDownload: The Happiness research (PDF 973KB)Benefits to make staff happyEmployers should focus on recognition and reward, including benefits, as well as career development to boost workplace happiness of staffIt is perceived HR ...
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Case Studies
AA offers its senior managers flexible benefits
Senior managers at the AA have been offered access to flex as part of their reward package for the last six years.Previously, the AA was a division of Centrica, but when the AA was sold by the utility company to two private equity firms, the HR team took a fresh ...
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Article
Failure to monitor sickness absence costs
Only just over a third of employers (34%) know how much sickness absence costs them each year, although 80% of them believe that their sickness absence procedures are adequate enough to enable them to manage any financial implications. However, according to the Sickness absence survey by disability insurer Unum, almost ...
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Case Studies
Acxiom manages absence effectively
Acxiom plan for early warning to help it manage absence more effectively - and benefit from a bonus worth 5% of its annual premium - it implemented Legal & General's early notification scheme in 2006. This requires it to report at least 80% of its long-term absences by the sixth ...
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Case Studies
Westminster City Council's EAP has impacted its absence rates
Although Westminster City Council cannot attribute a fall in absence rates entirely to its employee assistance programme, it believes the 24-hour helpline has had an impact.Since the EAP was introduced in May 2006, sickness absence rates have fallen from an average of 10 to eight-and-a-half days.While Trevor Webster, strategic HR ...
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Article
Adrian Thornley moves to Cluttons
EC Harris' human resources manager Adrian Thornley has moved to property consultants Cluttons as human resources director. His new role is at board level. Thornley said: "It's a challenging time and I'm looking forward to helping the company grow."
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Article
Pension trustees urged to examine all the beneficiary evidence
Pension trustees have been urged to study in detail the evidence about beneficiaries when making a decision on the distribution of a death benefit.A recent ombudsman decision in the case of Mrs P v Centrica Pension Scheme (the scheme) resulted in a finding of maladministration against the trustee for failing ...
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Article
Allianz flexes pre-pay card
Insurance firm, Allianz is replacing its paper-based discount voucher scheme with a pre-pay chip and pin debit card in an attempt to reduce administration.The card will be launched in January 2008 and it is hoped that it will also contribute to an increase in loyalty and motivation.The firm is to ...
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Article
Universal Music axes salary sacrifice mobile phones
Universal Music has been forced to axe its salary sacrifice mobile phone benefit due to poor staff take-up rates.The media firm believes that because the scheme was introduced at a time when employees were already tied into their own mobile phone contracts, many were reluctant to purchase another mobile phone.Michael ...
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Case Studies
ING Direct launched flexible benefits on a cost-neutral basis
ING Direct launched a flexible benefits scheme on 1 January this year, with the aim of running it on a cost-neutral basis after start-up costs. Human resources director, Jennie Monon, explains: "We wanted to increase choice without increasing cost." The company's flexible benefits pot was created by enabling staff to ...
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Article
Cadbury moves it voluntary benefits online
Cadbury Schweppes has moved its voluntary benefits scheme online to enable it to be easily updated.It has also added retail vouchers, PC discounts and telephone offers to the plan.The food and drink manufacturer hopes that by moving the scheme online in place of issuing a bi-annual paper-based brochure, it will ...