All articles by System Administrator – Page 57
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Article
One Stop Stores makes move towards green cars
Retailer One Stop Stores hopes to move two-thirds of its company car drivers into low-emission vehicles within 12 months.To encourage staff to make this move, it has offered its 160 contract hire drivers a far greater choice of low-emission cars.It is also making sure that staff are aware of the ...
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Cars and fleet - definition - Employee car ownership scheme
As the cash alternative to contract car hire and outright purchase, an employee car ownership scheme allows an employee to spend a certain amount of cash, determined by their employer, on a car of their choice through monthly payments.The employee signs a contract with a car leasing company to purchase ...
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Article
Financial education - definition - Benefits modellers
Benefits modellers can be provided online to help staff work out how much certain perks will cost.These tools are now available around a number of different benefits. For example, pensions modellers can help staff work out the benefit they could receive if they were to increase their contributions, while flexible ...
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Case Studies
Pfizer anticipates smoking ban's impact on its company cars
Global pharmaceutical company Pfizer, which has 2,200 company car drivers, is currently grappling with the introduction of the smoking ban in England.Lynne Bundle, fleet and mobile phone manager, explains: "We have sent out some guidelines but there are still some grey areas in that [we] have 635 opt-out drivers [who ...
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Case Studies
British American Tobacco improves financial education for staff
Maturing employee share options under British American Tobacco's (BAT) sharesave scheme provided the impetus for its HR team to improve financial education for its employees.Nina Crossen, HR project manager at BAT, says: "Because the share price had increased enormously there was good profit to be gained by employees and this ...
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Cars and fleet - definition - All employee car ownership plan (AECOP)
An all employee car ownership plan (AECOP) allows all employees who are not entitled to a company car of any description to purchase a vehicle at a discounted rate. An all employee car ownership plan usually favours larger companies which have a strong buying power with car manufacturers.Both McDonald's and ...
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Financial education - definition - Financial advice
This is anything offered in addition to financial education and can only be provided by firms and individuals authorised by the Financial Services Authority (FSA). The cost of providing access to independent financial advisers (IFAs) for staff can vary depending on the number of employees and type of advice chosen, ...
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Case Studies
T-Mobile addresses drivers attitudes to keep them safe
T-Mobile believes it is not enough to impose rules and checks on employees, it also works on addressing driver beliefs and attitudes to help keep them safe.The firm's policies cover document checking, effective accident management and the use of mobile phones when driving.But it also thinks more strategically. Frank Arthur, ...
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Article
Additional paternity leave law in consultation document
The government has published its consultation document containing further proposals around additional paternity leave (APL) and pay.The consultation, which closes on 3 August 2007, will ask opinions on how APL and pay should be administered, such as whether parents should be able to self certify their eligibility. Elizabeth Lang, associate ...
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Employee Benefits/HSA Healthcare Research 2007
Key findingsThe PackageSickness absenceAttitudesCostsSize of organisationSponsor's comment: Prevention as well as cureWhile employers are increasing the number of healthcare benefits being offered to staff, a fifth of our respondents do not know how much they spend on healthcare and only 5% calculate their return on investment.While it is accepted that ...
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Article
Confessions of a benefits manager
Candid: You can call me a jobsworth if you like, but I really resent doing stuff that isn’t my responsibility. Take international assignments. In theory, this is no longer anything to do with me. OK, so about a hundred years ago (well, nearly), I did work on the international assignment ...
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Article
Vigilance needed when vetting overseas driving licences
Employers should carefully check the driving licences of foreign staff who are eligible for company cars in the UK or they may risk prosecution if these are subsequently found to be invalid.Many foreign drivers are thought to be on the roads illegally because employers have no robust procedures to check ...
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Article
JVC switches to green cars
JVC has changed its contract hire provider to encourage more of its 120 fleet drivers to use environmentally-friendly cars.Its new provider, Tuskerdirect, offers cars that emit no more than 169g of carbon dioxide per kilometre, which meets the requirements of the electronic firm's environmental policy. An online tool enables JVC's ...
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Article
More than half of organisations are unprepared for proposed manslaughter bill
Just over half (51%) of organisations are not prepared for the Corporate Manslaughter and Corporate Homicide Bill, yet over a third (38%) think that it will affect them when it comes into force. The Bill is due to come into effect from 1 July.A further 48% that are aware of ...
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Case Studies
Conchango offers its staff Amaps
Business and technology consultancy Conchango ditched its company car scheme, after it became too costly and complex.The Egham-based company, which employs 300 people in the UK, now offers authorised mileage allowances for staff (Amaps). Mike Altendorf, CEO at Conchango UK, says: "We moved to this current model from the fleet ...
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McAlpine offers staff access to childcare services
Alfred McAlpine has launched a service to give its 10,000 employees access to emergency care for both child and elderly dependants with the aim of enabling them to balance work-life commitments.Employees must register to use the eldercare service and undergo an assessment of their elderly dependant's needs, at a cost ...
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Employee Benefits Research 2007: responsibility & communication
Not too long ago dedicated compensation and benefits roles were few and far between. However, the area has developed into something of an HR specialism in recent years. Our research bears this out with 25% of employers saying that compensation and benefits or reward directors and managers have primary responsibility ...
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Case Studies
ITN proposed DB scheme changes
In November last year ITN proposed changes to its defined benefit scheme to reduce its own payments by £10 million a year.The scheme has about 800 members and a deficit of £205 million despite cash injections.Unions were told that the company wanted to reduce its contribution, which averages 28% of ...
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Employee Benefits Research 2007: Salary sacrifice & voluntary benefits
Voluntary benefits continue to be pretty widespread with 58% of employers offering discounts on products and services to some, or all, of their staff. This is a similar proportion to our last survey of the benefits strategies of UK employers, in 2004, when 60% of employers said they offered voluntary ...
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Employee Benefits Research 2007: Core benefits
Types of benefit package on offerThe complexity of benefits packages has led to a myriad of definitions. Our research is based on the following:Core package: the traditional package of employer-paid benefits that may allow some flexibility within individual benefits, but staff can't opt out of or switch between perks.Flexible benefits ...