All articles by Tom Washington – Page 11
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Interview with Catherine Slattery, people and development manager, Malmaison and Hotel du Vin
Catherine Slattery, people and development manager at Malmaison and Hotel du Vin, says good communication is the key to engaging a multicultural workforce with benefitsAs far as workforces go, hotel chains have one of the most culturally diverse, flexible and transient set of employees to keep motivated and engaged. But ...
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Flexible benefits employer profile: White and Case
International law firm White and Case had a lot to consider when introducing a flex scheme for its UK staff, but it has won them over, says Tom WashingtonWhatever the size of an organisation’s workforce or the type of industry it operates in, implementing a flexible benefits scheme is a ...
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FirstGroup employees give almost £5,000 to charity
Staff at transport operator FirstGroup have raised nearly £5,000 for the charity Save the Children through one of the firm's employee share schemes.FirstGroup employees donated a total of £4,765.96 to Save the Children through its save-as-you-earn (SAYE) share save scheme. Last year FirstGroup offered employees the opportunity to give any ...
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Driver negligence is increasing fleet costs
Driver negligence around maintenance and repair bills is hitting UK employers in the pocket, according to research by Lex Autolease.Company car misfuelling, windscreen damage, illegal tyres and vehicle downtime are the major cost burdens revealed by the study, which highlights the need for firms to work harder to tackle unnecessary ...
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East Sussex County Council tracks absence for 3,000 staff
East Sussex County Council (ESCC) has appointed FirstCare to provide a day one absence management service for over 3,000 employees from its adult social care, children’s services and chief executives departments.The service, which commences on 1 October, will encompass day one nurse-led absence reporting, policy compliance tracking, stage of absence ...
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Lorica Online adds to its cycle-to-work benefits for clients
Lorica Online, the new flexible benefits division of Lorica Consulting, has partnered with Wheelies Direct Cycle Solutions and added it to the cycle-to-work schemes it offers to clients.Wheelies Direct Cycle Solutions has been working with organisations all over the UK since 2005 to provide the government-backed cycle-to-work scheme.Matt Duffy, partnerships ...
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One in five workers increase pension contributions in the past year
Almost one in five (18%) workers have increased the amount they contribute to their defined contribution (DC) pension since last year, according to research by Aon Consulting.The latest results from Aon’s Employee Omnibus Survey of 4,046 respondents suggests employees are nearly four times as likely to have increased their contributions ...
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Legal and General launches new benefits website
Legal and General has launched a website, which combines its corporate pension and group protection websites and will house information and services relating to the new corporate individual savings accounts (Isas).The new Workplace Benefits website has also been designed to make it easy for customers to access the online services ...
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Logica relaunches payroll giving scheme
Logica has relaunched a workplace giving scheme to its 6,000 staff as part of the Geared for Giving Campaign.The IT and business services company responded to a letter from MP Anne Snelgrove, who launched the Geared for Giving Campaign last year in the House of Commons.The scheme enables employees to ...
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Royal Bank of Scotland scales back final salary pension benefits
The Royal Bank of Scotland (RBS) is restricting its defined benefit (DB) final salary pension scheme in order to control risks and rising costs.The bank has informed 60,000 staff that pensionable future increases in salary will be capped annually to 2% or at the rate of inflation (CPI), whichever is ...
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Employers yet to wake up to the benefits of pension salary sacrifice
Most companies are not yet taking advantage of the significant cost savings salary sacrifice programmes can generate, according to reward consultants Mercer.Results from a recent Mercer web briefing reveal that many of the 200 participants offer salary sacrifice for childcare vouchers, but only 27% offer pension salary sacrifice. However, over ...
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Former Zavvi staff could lose out on benefits
Former staff at entertainment chain Zavvi Retail could go without redundancy pay outs and accrued benefits they are owed after the firm went into administration last December.According to the company's administrator Ernst & Young, the 222 staff concerned had transferred to Head Entertainment, a new chain set up in February ...
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Aim-listed firms increase executive pay by 10.8%
CEOs of firms listed on the Alternative Investment Market (Aim) were awarded salary increases averaging 10.8% in the last financial year boosting their average basic salaries to £198,706, according to research by Incomes Data Services (IDS).The Executive Compensation Review annual survey: ‘Directors’ Pay in Smaller Companies: Aim, Fledgling & SmallCaps ...
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Confidence in pension savings returns
The number of scheme members requesting their projected pension based on their current savings plan has fallen by 9% since last quarter, according to the latest figures from Aon Consulting's Pensions Admin Tracker.While the equity markets claw back previous losses and talk of economic recovery increases, pension savers are displaying ...
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The GSMA launches online total reward statements and flexible benefits
The GSMA has launched online total reward statements and flexible benefits in order to enhance employees’ understanding of their benefits package and array of choice, while also maximising the value of its reward spend.The international organisation that represents the interests of the mobile communications industry teamed up with Thomsons Online ...
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The AA appoints Specsavers to provide eye care vouchers for staff
The AA has switched its corporate eyecare supplier to Specsavers Corporate Eyecare and are offering visual display unit (VDU) vouchers to all of their 2,000 administrative staff.The VDU voucher costs covers the eye examination as well as VDU glasses if needed. The voucher system also enables the AA to comply ...
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Equal numbers of private and public sector employers freeze pay
Equal numbers of public and private sector employers have frozen pay during the economic downturn, according to the latest Chartered Institute of Personnel and Development (CIPD)/KPMG Labour Market Outlook (LMO) survey.The report reveals that that one in five public sector employers have frozen pay awards for the time being, the ...
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Aon Consulting: UK pension funds return to pre-recession value
The value of the UK’s defined contribution (DC) pension funds has returned to the level they were prior to the recession kicking in in September 2008, according to analysis by Aon Consulting.The funds have overcome fluctuating investment returns during the last turbulent twelve months and a record dip to £344 ...
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HSBC Bank appoints White Eagle for prepaid card programme
HSBC Bank has appointed White Eagle to deliver an internal prepaid card programme for its colleague recognition programme in the UK.Stewart Pyke, Shine programme manager at HSBC Bank, said: "The Shine programme is for HSBC to recognise colleagues who 'have gone the extra mile' for customers in the UK. A ...
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Half of defined benefit pension schemes closed to all by 2012
Half of the UK companies that still offer defined benefit (DB) pension schemes expect to have closed these to all employees by 2012, according to research by Watson Wyatt.The survey showed very few schemes will go unchanged, so more than one million employees currently saving for their retirement through a ...