All articles by System Administrator – Page 94
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Article
Event news - Tesco lines up clear messages
Clearly-worded promotions have been credited with driving 70% of Tesco staff to participate in the supermarket group's save-as-you-earn or buy-as-you-earn share schemes.Speaking in a session entitled 'Incentivising staff through share schemes', Mark Roberts, group benefits manager at the retail giant, said that a clear language promotion campaign for the share ...
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Article
Event news - Sky offers choice
BSkyB has added vouchers to its salary sacrifice plan to enable more employees to take advantage of the scheme.The plan, which was launched in April this year, also includes childcare vouchers, bicycle loans and a home computing scheme.Speaking in the session entitled 'Using salary sacrifice to deliver benefits to employees ...
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Article
News update - Lobbying sees PPF changes
Employers have welcomed concessions made by the Pensions Protection Fund (PPF) that address key concerns surrounding pension scheme funding and the proposed risk-based levy. Graham Brown, pensions manager at charity Barnardo's, described the announcement as a 'leap forward'.He welcomed the recognition of additional contributions and said many employers had ring-fenced ...
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Analysis
Feature - Focus on Pensions: Pension promotion rule change points to compulsion?
Ceri Jones discovers new rules allowing organisations to promote contract-based pensions make it easier for compulsion to be introducedIf you read nothing else, read this..Employers can now promote group personal pension plans and stakeholder schemes, providing they make a financial contribution and do not receive commission or a premium rebate.The ...
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Article
Event news - Emap staff caught in flex's web
Emap, the radio, TV and magazine company, has had the best take-up rate for its flexible benefits scheme in 12 years following the implementation of an online enrolment system.Speaking at a session entitled 'Effective communication strategies for flexible benefits' Stewart Grant, group benefits manager, attributed a 56% take-up rate to ...
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Article
Product news - NU buys occupational firm
Norwich Union (NU) Healthcare has completed the acquisition of Private Health Care LLP, the UK's fourth largest occupational healthcare provider. Dr Nigel Smith, founder of Private Health Care LLP, leads a new division, Occupational Health Solutions that offers pre-employment assessments, mobile health screening and sickness absence management.
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Article
Feature - Products Buyer's Guide: Occupational health
The burgeoning occupational health industry has fast become a frontline weapon in the fight against sickness absence, says Stephanie SpicerArticle in fullThe occupational health market is one of the fastest growing around. However, there are two key problems within occupational health provision: providers getting access to clients and client access ...
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Article
Event news - Penguin HR riding high with bike plan
Penguin has introduced bikes for work in response to many staff wanting to cycle to the firm's central London office. It has also brought in a home computing initiative. Speaking at a session entitled 'How to achieve a sustainable work-life balance', Susan Taylor, group HR director, said 75% of Penguin's ...
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Opinion
Guest Opinion: Nick Foster, vice president of human resources, Oracle UK, ROI, SA. Topic: Mergers and the benefits package
The merger between Boots and Alliance UniChem, as well as NTL’s long-awaited takeover of Telewest, are a sure sign that mergers and acquisitions (M&A) are back on the business agenda. Takeovers can spell good news for customers, board directors and shareholders, but the reality of an M&A is, for many ...
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Article
News update - Law firm brings in flexible benefits
Wiggin LLP, the media law firm, has introduced flexible benefits for its 85 Cheltenham-based employees. Bikes for work and holiday trading were among the most popular benefits offered through the scheme which also includes private medical insurance, pension contributions, childcare vouchers and discount offers.Some 62% of staff elected to make ...
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Article
Feature - Focus on International: Benefits in Mexico
If you read nothing else, read this ..A Christmas bonus equivalent to 15 days base pay is mandatory in Mexico.Profit sharing is compulsory70% of large and medium-sized companies offer pension plansFlexible benefits are an emerging trendArticle in fullEmployers in Mexico may feel that they are playing Lady Bountiful when handing ...
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Case Studies
Employer Profile: Southern Water provides sporting benefits
Due to industry regulation, there is a flurry of recruitment every five years, so Southern Water floods positions with perks to keep new staff, says Jamin RobertsonArticle in fullUtility company Southern Water has poured around £2bn into infrastructure development over the past decade and earmarked a further £2bn for environmental ...
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Article
Event update - Employee Benefits awards deadline draws near
Most effective use of a flexible benefits planWinner 2005: Deutsche Bank My Flex Entered by Towers PerrinFully aware that this flexible benefits plan was targeted at a sophisticated, wealthy workforce, the judges made sure that they did not simply select a winner which was perceived to be cash rich with ...
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Article
Product news - New perks audit service
Jardine Lloyd Thompson (JLT) Benefit Solutions has created an evaluation service for employers to gauge staff perception of employee benefits. The Benefits Value Audit surveys both employers and staff to determine perceived value and understanding of the benefits package.
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Article
News update - Asda staff to win car
Asda will introduce a scheme to motivate staff in the run up to Christmas, offering employees the chance to win a new Vauxhall Corsa car in a prize draw.The scheme requires all participating stores across the country to focus their sales attention on six products, with each outlet having targets ...
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Article
Argos rolls out perks
Argos Retail Group has rolled out discounted offers to 1,500 Argos and Homebase employees in the Republic of Ireland as part of a voluntary benefits package. Vicky West, benefits manager at Argos Retail Group, said the range of benefits was aimed at attracting staff as the company embarks on a ...
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Article
News update - Aon gets new pensions option
Consulting firm Aon has introduced a salary sacrifice arrangement for its defined contribution pension scheme in its flexible benefits plan. All employees who have been with the company for two years or more on 1 January 2006 will be eligible to participate in the arrangement, which will be based on ...
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Article
News update - Prized plan for Allianz Cornhill
Allianz Cornhill is launching a flexible benefits scheme and a voluntary benefits plan using prize draws for flat screen televisions and computers to drive awareness of the initiatives. The flexible benefits scheme launches this month and is available to all 4,500 employees.They will be able to trade their salary, life ...
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Article
News update - NU offers all sorts
Norwich Union has launched a voluntary benefits scheme called Allsorts that includes salary sacrificed perks such as a home computing initiative, childcare vouchers and bikes for work.Launched last month, the scheme is being marketed via mailers, the intranet and various roadshows under the strapline 'Allsorts of benefits for all sorts ...
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Article
Event news - BT to extend flex plan to all staff
BT is set to extend its flexible benefits scheme to all its 95,000 employees. Speaking in the session called 'Add value through a total reward strategy', BT group head of reward, Colin Evans, said that the company was considering rolling out the scheme, which is currently available to only 27,000 ...