All articles by Tom Washington – Page 17
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Article
VT Group uses sharesave to boost staff engagement
Defence and support services company VT Group has launched a sharesave scheme to increase employee engagement.Since the scheme went live in April, staff have signed up to acquire around 1.5 million shares in total. This equates to a take-up rate of 21.5% among the firm’s 7,777 eligible staff, with an ...
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Article
Bluefin enhances pension portal
Bluefin Corporate Consulting has enhanced its online pension portal with new features, a new look and upgraded support technology.It now offers members information on their fund choices, with daily updated price feeds. Staff will also have direct access to factsheets containing details on every available fund to help them make ...
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Article
Recession takes its toll on wellbeing perks take-up
Take-up of wellbeing and personal development perks through flexible benefits schemes has fallen this year because the recession has put many employees off luxury benefits.Aon Consulting’s Flex Tracker study shows that wellbeing perks and learning accounts have fallen out of the top 15 most popular benefits. Take-up of health screenings ...
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Article
Anheuser-Bush InBev switches provider and adds childcare perk
Anheuser-Bush InBev has switched voluntary benefits provider and launched childcare vouchers in order to improve its reward offering. The global brewer introduced both schemes last month for its 2,200 UK and Ireland staff.Through its voluntary benefits scheme, provided by LogBuy, employees can access discounts at high street retailers, on leisure ...
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Article
Buyer's guide to payroll systems (June 2009)
As well as tax and NI, payroll systems can include benefits payments in their salary calculations, says Tom WashingtonPayroll systems are designed to perform often complicated calculations that make up an individual's pay for the purposes of tax and national insurance (NI) contributions, and ensure staff are paid on time. ...
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Case Studies
Employer profile: Enterprise Rent-A-Car
Enterprise Rent-A-Car fosters an entrepreneurial spirit among its employees and rewards them accordingly, says Tom WashingtonWith big insurance companies faltering, the car manufacturing industry in crisis and corporate accounts being cut back, the global recession has threatened to put the brakes on the car rental industry. Some hire firms have ...
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Analysis
Reward for graduates in the recession
Graduates may not be in such strong demand during the recession, but the right perks will help attract the best candidates, says Tom WashingtonBeing a student at a time when unemployment is rife may sound like an enviable position to be in - at least for those who have a ...
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Analysis
Preparing for pensions auto-enrolment ahead of 2012
Compulsory auto-enrolment of staff into pension plans will not happen until 2012, but there are good reasons why employers should get ahead of the game, says Tom WashingtonIf you read nothing else, read this...It is possible to introduce auto-enrolment for trust-based occupational pension schemes, but not for contract-based schemes, such ...
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Analysis
Nottingham City Council gets maximum value from salary sacrifice
As the recession bites, Nottingham City Council is working to get maximum value from its salary sacrifice schemes, HR director Ben Browne tells Tom WashingtonIf we are to believe what we read, employers in the public sector are faring better in the financial downturn than many of their private sector ...
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Article
Calyon Credit Agricole appoints Deirdre Murrow
International private banking firm Calyon Credit Agricole has appointed Deirdre Murrow as HRIS compensation and benefits manager. Murrow was previously compensation and benefits director at Liberty Global.
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Article
Hutchinson appointed interim head of reward at Skype
Euan Hutchinson has been appointed interim head of reward at Skype. He left technology company Hewlett Packard in January, where he held the role of EMEA rewards director for eight and a half years.
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Article
Leaders to gather in Monte Carlo at Employee Benefits Summit 2009
The most influential reward professionals will gather at the Employee Benefits Summit in Monte Carlo this month.The event, which runs from 3-5 June, will kick off with a talk by global economist Roger Nightingale on ‘The economic downturn and the impact on salaries and pensions’, covering the shift from defined ...
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Article
Employers’ vision is fuzzy on eyecare regulations
Employers are spending unnecessary amounts on eyecare benefits for staff because they do not fully understand the relevant legislation.The Health and Safety (Display Screen Equipment) Regulations require employers to provide all employees who use visual display units (VDUs) with eye tests, when requested, and glasses, if required.But according to Specsavers’ ...
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Article
TUI’s discount deal takes off with staff
TUI Travel has launched a voluntary benefits scheme for the 16,000 employees in its UK and Ireland division.Through the scheme, employees can access discounts and offers from more than 1,500 retailers online through a fully companybranded website, in-store and over the phone.Dione Mathias, TUI Travel’s reward manager, said: “We wanted ...
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Article
Thrussel moves to Danone UK
Danone UK has appointed Lucy Thrussel as compensation and benefits director. She will be working within its shared services team and will focus on aligning the reward of Danone’s dairy and water businesses. Thrussel was previously reward manager at Comet, where Claire Williams, also a reward manager, will take on ...
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Article
Waltham Forest pension fund appoints Capita Hartshead
The London Borough of Waltham Forest Pension Fund has appointed Capita Hartshead as its administrator.†The pension fund, part of the Local Government Pension Scheme (LGPS), has around 16,500 members and over £330m in assets. The contract is for four years, with the option of a two-year extension.Speaking on behalf of ...
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Article
Buck Consultants granted Royal Warrant
Buck Consultants (Buck) has been granted a Royal Warrant for Her Majesty The Queen as Suppliers of Pension Systems.The Royal Warrant allows Buck to display the Royal Arms of Her Majesty The Queen, together with the words ‘By Appointment To Her Majesty The Queen, Suppliers of Pension Systems.'The Grantee, Mike ...
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Article
Warwickshire Pension Fund appoints investment consultant
Hymans Robertson has been appointed to act as the investment consultant to the £850m Warwickshire Pension Fund.The role will involve the provision of investment advice in a variety of areas including fund strategy and manager selection.Phil Triggs, group manager (treasury and pensions) at the Warwickshire Pension Fund, said: “We have ...
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Article
News analysis: Employers divided on how to manage swine flu
As the threat of swine flu looms larger employers have been urged to make sure they are well equipped to manage a possible outbreak.The threat-awareness level for swine flu currently stands at five out of a possible six. Many employers, however, have differing opinions about how much action is needed.Some ...
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Article
Rushmoor Borough Council switches healthcare benefits
Rushmoor Borough Council has replaced private medical insurance (PMI) with a hybrid PMI and cash plan product in order to cut costs.It previously paid for PMI for all 40 employees, but made the switch in April due to significantly increasing premium costs.Under the terms of its new scheme, half of ...