All articles by Tynan Barton – Page 66
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Aviva research: Employers believe in joint responsibility with staff to help return to work
The majority of employers (63%) believe they have a joint responsibility with employees to help staff back into the workplace after sickness absence, according to new research from Aviva UK Health.In its 360 Degree Absence Management study, which polled nearly 700 employers, Aviva found that 21% of respondents believe it ...
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Westfield Health acquires PatientChoice
Health cash plan provider Westfield Health has acquired PatientChoice, which administers, markets and sells health insurance products.The acquisition will see Westfield Health assume sole responsibility of Surgery Choices, an add-on module to Westfield’s corporate paid plans that cover policyholders for more than 60 surgical procedures normally classed by the NHS ...
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Thomsons Online Benefits research: Employers are keen to offer flexible benefits to staff
The majority of employers (90%) are looking to offer flexible benefits to employees, according to research from Thomsons Online Benefits.The eighth annual Employee Rewards Watch report was conducted among more than 400 UK organisations.†It also found that 90% of respondents believe employee engagement is one of the key benefits of ...
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Computacenter employee races to North Pole for charity
Computacenter employee Rob MacAlister has started a race to the North Pole as part of the IT services firm’s commitment to fundraising and employee engagement through sabbaticals that offer a life changing experience.Computacenter gave MacAlister six weeks off work to take part in the race to raise money for MacMillan ...
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Heinz introduces cognitive behavioural therapy course for employees
Heinz has introduced a computer-based cognitive behavioural therapy (CBT) course for employees at its Kitt Green site.The 1,600 employees have the opportunity to take part in the interactive course to help them recognise and manage issues such as stress, anxiety and depression.Following an initial session to discover whether the course ...
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Friends Life officially launches as new life and pensions provider
Friends Life has officially launched as a new life and pensions provider in the UK.It brings together the UK operations of Friends Provident with the life assurance businesses acquired from Bupa in October 2010 and Axa UK in June 2010.With a heritage that stretches back 200 years, Friends Life will ...
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PWC research: Quarter of FTSE 350 firms plan to freeze executive pay
Almost a quarter (23%) of FTSE 350 firms are planning to freeze executive pay this year, according to new research from PricewaterhouseCoopers (PWC).The survey, compiled from interviews with FTSE 350 reward professionals, found that salary increases, where given, are expected to be around 3%, higher than last year (2.8%) but ...
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Nest outlines investment plan
Trustee members of the National employment savings trust (Nest) have set out its investment approach.Key elements of Nest's Statement of Investment Principles for its retirement date funds (the default fund option) includes: seeking to achieve performance in excess of inflation for the majority of members over the long term, recognising ...
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HealthScreen UK enters health screen provider market
HealthScreen UK has entered the health screen provider market, offering screening programmes specific to cancer.The services offered include BreastCheck, an extensive consultation that provides an overview of past and future breast health, and SkinCheck, a service that offers a complete body examination and analysis of moles.Two further services will be ...
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Domestic and General staff raise money for Comic Relief
Employees at Domestic and General raised £967 for Comic Relief in addition to taking over £100,000 in donation pledges through phone calls.Funds were raised through a quiz, a dress down day and a larger-than-life Scalextric challenge.In addition, over 150 volunteers took donation pledges on Friday 18 March from 7pm until ...
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Budget 2011: Government accepts Hutton’s review of public sector pensions
Chancellor George Osborne has announced the government accepts the recommendations made in Lord Hutton’s Independent Public Service Pensions Commission report.In his Budget report, Osborne stated that the government recognises “the position of the uniformed services will require particularly careful consideration”, and that it will set out proposals in the autumn ...
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A third of GPs would quit if pension age rises
More than a third of GPs plan to quit if the government’s proposed changes to the NHS pension scheme come into force that will see the retirement age rise to 65.According to a poll of 200 GPs by the magazine Pulse, 28% of respondents would take advantage of the 24-hour ...
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Aviva relaunches Get Active website
Aviva has relaunched its Get Active website to include discounted gym membership, and hints and tips to help lead a healthy lifestyle.Members of Aviva’s private medical insurance (PMI), cash plan and group risk products are able to access cheaper health club membership at Curves, a specialist women’s health and fitness ...
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Pensions buyout deals totalled £8.1 billion in 2010
Pensions buyout deals totalled £8.1 billion in 2010. According to JLT Pension Capital Strategies' (PCS) Buyout Market Watch, late activity in the fourth quarter of 2010 saw £1.6 billion of deals being completed, contributing to an overall increase of 8% from 2009.The £8.1 billion includes a £3 billion longevity swap ...
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Towers Watson research: Quarter of FTSE 100 firms offer only DC pensions
Defined contribution (DC) pension plans are the predominant form of pension scheme among FTSE100 employers.According to the Towers Watson FTSE 100 Defined Contribution Pension Scheme Survey, a quarter (25%) noly offer DC schemes to all employees, an increase from 15% last year.Around 90% of these employers offer a DC scheme ...
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University staff strike over pensions
Staff at universities in Northern Ireland are on strike over changes to the Universities Superannuation Scheme (USS) pension scheme.The strike, by members of the University and College Union (UCU), is part of nationwide action, and follows strikes at eight Scottish universities on Thursday last week.UCU members are striking against proposals ...
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Greggs awards staff £5.8m bonus pot
Greggs’ staff are to share in a bonus pot of £5.8 million after it made record profits of £52.5 million on sales of £662 million last year.The bakery retailer, which now has 1,487 shops, will award its 16,800 employees a share of the pot through its profit sharing scheme.Derek Netherton, ...
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Enrich adds PeopleValue’s discount shopping scheme to its flexible benefits offering
Enrich has added PeopleValue's Advantage discount shopping channel for inclusion in its youFlex Express benefits scheme.PeopleValue’s Advantage product provides employees with online and offline discounts and cash back offers on a range of products and services.Andrew Woolnough, head of flex at Enrich, said: “We are constantly looking to expand our ...
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SVM adds TK Maxx to gift card range
SVM has added fashion retailer TK Maxx to its range of gift cards. The gift card will be part of SVM’s reward scheme Preference, where employees can choose the gift card they want rather than the employer making the choice.The card can be loaded with any denomination between £5 and ...
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Dinamiks extends free usage of performance management system
Dinamiks has extended the free usage period of its performance management system, from seven days to 60 days to help employers adapt to the new retirement legislation that comes in from 6 April 2011.The extended free usage period will enable users of Dinamiks' online system to take advantage of the ...