All articles by Tynan Barton – Page 51
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Article
Right Management integrates wellness services
Right Management has integrated its employee assistance programme (EAP) with its wellness and productivity services under a single practice called Right Management Workplace Wellness.The new practice will subsume the previous trading name of Right Corecare, the provider of employee assistance programmes, work-life services training, consultancy and mediation services.Jayne Carrington, managing ...
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Article
Employers want benefit providers that offer easy-to-use services
Employers are looking for benefit providers that can offer a service which is easy for their employees to use, according to research by Cigna UK Healthcare Benefits.The Cigna Client Satisfaction Survey 2011, conducted with Consensus, found that 80% of respondents claimed that ease of using the service by employees was ...
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Article
Automobile Association moves to paperless payslip processes
The Automobile Association (AA) has moved to paperless payslips in order to make savings and increase security.It is working with Wealden Computing Services to supply online payslips compatible with SAP Payroll to over 8,500 employees.Moving to the system will allow the AA to save paper and postage costs that equate ...
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Article
Employees think team-building days are a waste of time
Team-building days that involve activities such as bikini bed baths or bungee jumping do not always have the required motivational effect that employers are hoping for, according to research by Vodafone UK and YouGov.The research found that while 66% of workers have been made to take part in some sort ...
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Article
Employers’ negotiating skills could prevent a cut in pension income
Employers’ negotiations could counteract poor pension choices, increasing an employee’s retirement income by 17%, according to research by the National Association of Pension Funds (NAPF) and the Pensions Policy Institute (PPI).The report looked at how decisions made by employees could affect the pension of an average earner due to retire ...
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Article
HMRC introduces new powers to tackle PAYE dodgers
HM Revenue and Customs (HMRC) has been given the power to tackle employers that try to dodge paying pay-as-you-earn (PAYE) or national insurance contributions (NICs).From 6 April 2012, HMRC can ask employers to pay a security – a cash deposit or a bond from an approved financial institution – if ...
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Article
Financial advisers predict younger staff more likely to opt out post auto-enrolment
Half of all corporate financial advisers believe that the largest proportion of employees opting out of workplace savings schemes post auto-enrolment will be in the 35 and under age group, according to research by Aviva.In an online survey of financial advisers, Aviva found more than half of respondents think that ...
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Article
Employers do not support staff enough to choose right annuity
Employers are not providing enough support to help staff make a decision about their annuity, according to a report by the National Association of Pension Funds (NAPF) and the Pensions Institute (PI) at Cass Business School.The Treating DC scheme members fairly in retirement report found that almost half a million ...
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Case Studies
3663 seeks a culture change
Food distributor 3663 is encouraging its employees to excel in customer service as the economy struggles, says Tynan BartonAs the cost of food and fuel has risen steadily in recent years, food distribution company 3663 has faced challenges, with more to come. In the current economic climate, the foodservice firm’s ...
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Article
City Health Care Partnership launches salary sacrifice car scheme
City Health Care Partnership Community Interest Company (CHCP CIC) has added a salary sacrifice car scheme to its flexible benefits scheme.The Flextra scheme, provided by Tusker, forms part of the organisation's commitment to provide cost and carbon-efficient travel in delivering community healthcare services in line with its corporate sustainability programme.†It ...
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Article
EDF Energy appoints new pensions administrator
Gas and electricity supplier EDF Energy has appointed a new pensions administrator for its three UK defined benefit pension schemes.Mercer will provide administration services to the schemes, which have a total of over 27,000 members.Ian Baines, head of pensions at EDF Energy, said: “EDF Energy was seeking a single partner ...
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Article
British Medical Association urges government to reconsider pension plans
The British Medical Association (BMA) has called on the government to urgently reconsider proposed changes to the NHS pension scheme.The decision was taken at a meeting on 18 January following the results of a UK-wide survey, which found that medical staff are greatly opposed to the proposal.The BMA pensions survey ...
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Article
Increase in Midlands councils’ managers' remuneration
The number of middle management staff at Midlands-based councils that earn over £50,000, excluding pension contributions, has increased by 12% year on year, according to research by Taxpayers Alliance.The Midlands councils’ spending uncovered report found that the number of middle and senior managers earning this remuneration package increased by 759 ...
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Article
Michelin UK appoints pensions consultancy
The trustees of Michelin UK’s pension and life assurance plan have appointed a defined contribution (DC) consultant.†Hymans Robertson will advise the trustees on investment and wider DC issues, and will refresh the communications strategy for the organisation's DC and defined benefit (DB) pension schemes.Chris Wood, chairman of the trustees for ...
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Article
International pension market grows by 50% in five years
The international pension plan (IPP) market has expanded at a rapid rate to grow by 50% the last five years, according to research by Towers Watson.The 2011 Towers Watson International Pension Plan Survey found that the IPP market showed a 15% growth rate in the last year, and 36 new ...
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Article
Employees turn to chocolate and booze to beat boredom at work
A quarter of office workers suffer from chronic boredom, with many turning to chocolate and alcohol to cope with the drudgery, according to a study by the University of Central Lancashire.The survey found that chocolate and coffee were among the solutions that employees took to reduce boredom, while some respondents ...
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Article
Baxi Partnership acquires RM2 Partnership
The Baxi Partnership has acquired employee share scheme consultancy RM2 Partnership. RM2 Partnership will operate as a division under Baxi Partnership Advisory, which provides advice on how to embrace sustainable employee ownership.Baxi Partnership is an employee-owned organisation and is welcoming RM2’s 12 staff as new partners into its business.Peter Matthews, ...
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Trafalgar House Pensions Administration appoints software supplier
Trafalgar House Pensions Administration (THPA) has appointed Profund Solutions to provide its pension scheme accounting software. Profund Solutions, part of JLT Employee Benefits Group, will supply the administration firm with its Aviary accounting software.Richard Tartaglia, chief financial officer at THPA, said: “Aviary will enable us to automate a number of ...
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Article
Police Arbitration Tribunal supports pay overhaul
The Police Arbitration Tribunal has backed major changes in police officers pay, as recommended in Tom Winsor’s Independent Review of Police Officer and Staff Remuneration and Conditions.The recommendations include a suspension on bonuses, two-year freeze on police officers moving up incremental payscales, and curbs on overtime pay.Paul McKeever, chairman of ...
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Article
Shell closes final salary pension scheme to new members
Shell has closed the last chapter on final salary pension schemes with the announcement that it plans to close its scheme to new members; the last such scheme in the current FTSE 100 that was open to new staff.Shell currently employs 6,500 people in the UK and has around 30,000 ...