All articles by System Administrator – Page 93
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News update - PCs spark at Thales
More than 200 employees took up electronics company Thales' new home computing scheme in the first week of launch. The scheme, which went live at the end of September along with a tax-free bike plan, was implemented following employee demand for the perk.Alex Reeves, UK compensation and benefits director, said ...
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Analysis
Special Report: Motivation - Staff satisfaction surveys
Intimidating your workforce can often be a by-product of staff satisfaction surveys, so focus your goals and always tread carefully, says Alison ColemanCase Study: Snowdrop SystemsArticle in fullOrganisations go to great lengths to motivate their staff, but firms that fail to invest the same amount of time and money in ...
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News update - Lloyds TSB reflavours scheme
Lloyds TSB has revamped its flexible benefits package, Flavours, in a bid to simplify the scheme for its members. A healthcare cash plan supplied by Cigna and a health assessment plan have been axed from the flexible benefits scheme, although the former has been introduced to the voluntary benefits package.The ...
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News update - Tiley to join Wincanton
Thomson Directories pensions and risk manager Stephen Tiley is joining Wincanton Logistics as group pensions manager. Tiley joins the pan-European logistics company on 7 November.While at Thomson, Tiley was instrumental in gaining compensation for free standing AVC mis-selling victims with more than 10% of active members receiving reinstatements for personal ...
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Analysis
International pay systems
Technology has greatly assisted the globalisation of pay systems although there are many differences that still require a broad approach, says David ShonfieldCase Study: Cummins IncArticle in fullWe live and work in a global economy but what globalisation actually involves is far less obvious, especially for the management of pay ...
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Product news - L&G massages health plan
Legal & General has revamped its support services with the launch of its Wellbeing Programme. The range of services feature a workplaceSteps to Health product that includes massage and wellbeing days, medical and legal telephone helplines, counselling services and free emergency life support training in association with the British Heart ...
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Analysis
Special Report: Motivation - The power of fun
Injecting fun into the workplace can have dramatic results, and needn't cost a bundle, says Alison ColemanArticle in fullEfforts to boost staff motivation have resulted in employers becoming more creative in devising schemes, often injecting an element of fun. But do on-the-spot recognition schemes such as lucky dips and prize ...
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Analysis
Guest opinion - Getting flexible working right.
The need for business flexibility has never been greater, and grows ever stronger. Globalisation, increased competition and customer demand make flexibility a key plank of high performance since organisations pursuing a high-performance path need to adjust working time to meet changing patterns of demand. As a result, different forms of ...
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News update - Firms get post-natal pressure
Small businesses will be put under pressure by government plans to extend paid maternity leave and paternity leave, claim employers and industry figures. The work and families bill unveiled at the end of the last month extends paid maternity leave to nine months from April 2007; introduces shared parental leave, ...
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Incentive schemes are still failing to retain staff
Many organisations invest a great deal of time and money in designing incentive schemes that are failing to achieve their objective of retaining employees. According to Watson Wyatt's European Total Reward Survey 2005, just 38% of employees say that they are motivated by the incentives and performance management systems offered ...
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Analysis
Special Report: Motivation - Executive pay
Even in the executive arena, work-life balance seems to be taking precedence over pay, says Alison ColemanCase Study: Tate & LyleArticle in fullExecutive bonus payments are often viewed quite cynically by employees further down the ranks of an organisation, not to mention members of the press and the general public, ...
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Event news - HR must take lead
Human resources and reward practitioners were urged to stand up and be counted when it comes to influencing the direction of a business.Speaking in the keynote session entitled 'Demonstrating the value of aligning benefits with business strategy', Mark Childs, a former vice president of reward at the Chartered Institute of ...
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Product news - Westfield switches emphasis towards prevention of illness
Westfield Health has made changes to its healthcare cash plans, focusing on preventative healthcare, in a bid to keep pace with changes in the NHS.The company's Advantage and Good4You healthcare cash plans now offer policyholders access to a GP telephone consultation service at any time of their choice from anywhere ...
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HCI for EasyJet
Easyjet is to launch a home computing initiative (HCI) for its 3,000 employees. The move follows the recent introduction of employee share plans at the low budget airline.Ken Lawrie, group remuneration manager for EasyJet, said: "We see this as a great scheme for a very mobile workforce, working towards an ...
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Analysis
Feature - In depth: The influence of the spouse
Designing packages for staff or would-be employees may no longer be sufficient, as spouse and partner influences abound, says Bea OaffCase Study: International Financial DataMost organisations have come to recognise that employee benefits can catch and keep top talent. Leading employers at least try to make their package as compelling ...
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News update - Smiles at dental plan
A dental cash plan was the second most popular benefit, ranking behind holiday trading, in DTZ's new flexible benefits scheme, which was introduced last month.Holiday trading, allowing employees to buy and sell up to five days' holiday, was selected by 16% of staff. Around 150 of the 1,500 workers at ...
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Research update - DB shelf life moves into sight?
More than 40% of employers offering defined benefit (DB) pension schemes say that they will not be able to afford to provide staff with them in five years' time. Over half the employers surveyed for the Pension Confidence Survey by Alexander Forbes Financial Services currently have schemes in place which ...
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Analysis
Critical illness not fit to replace income protection
Jamin Robertson says employers looking to critical illness as an alternative to income protection will find shortcomingsIf you read nothing else, read this ...Spiralling costs have led many employers to withdraw income protection. The search for cheaper healthcare could prompt organisations to look at critical illness cover.Critical illness, however, is ...
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Pensions update - Conflicts of interest
Employer representatives who are pension trustees may find themselves in a position of conflict due to the Pensions Act 2004, which will require them to agree funding strategies with the sponsoring employer. Prior to the Pensions Act 2004 there was a minimum-funding requirement for pension schemes, but now each scheme ...
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Research update - Compulsory retirement is a worry
Employees believe that employers' policies to support older workers do not go far enough, according to research carried out by Norwich Union.Many employees wish to carry on working past the age of 65 years often on a part-time basis. A fifth of 25-34 year-olds polled, however, worry that employers will ...