All articles by Tynan Barton – Page 81
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Article
Quintiles widens choice by outsourcing voluntary perks
Quintiles has outsourced its voluntary benefits scheme to enhance the offering to its 2,000 UK employees.The bio and pharmaceutical services firm replaced its in-house discount scheme with one supplied by Edenred that offers staff a broader choice of benefits.Quintiles conducted a survey of employees' views of its benefits, and found ...
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Article
Seymour Pierce adds perks to boost pension take-up
Investment bank Seymour Pierce has switched stakeholder pension administrators, as well as introducing pensions advice, and salary and bonus sacrifice arrangements to boost take-up of the scheme.It has switched its scheme administration from an independent financial adviser (IFA) to Lorica. The scheme is provided by Standard Life.All members of the ...
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Article
Buyer's guide to dental plans (August 2010)
Focus on factsWhat are dental benefits?Dental benefits allow employees to claim back part, or all, of the cost of dental treatment. They can be provided through a health cash plan or as an insurance product. The level of cover can vary, ranging from accident and emergency treatment to treatment for ...
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Analysis
Health numbers keep a check on employees' wellbeing
If you read nothing else, read this....'Numbers' are the data collected via health screening, such as BMI, heart rate, blood pressure and cholesterol levels.Poor health can lead to staff developing serious complaints, such as coronary heart disease, type 2 diabetes and chronic obstructive pulmonary disease.Knowing their numbers can help employees ...
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Analysis
Calculating the cost of implementing flexible benefits
If you read nothing else, read this….The cost of flexible benefits plans varies according to many factors, such as the size of the organisation, existing benefits structure and the complexity of the plan.Consultancy fees can cost from about £8,000 to £15,000 for a fixed period.Implementation of the system is a ...
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Article
Interview with Samantha Gee, director of resourcing and reward at Cancer Research UK
Psychology training has helped Samantha Gee, director of resourcing and reward at Cancer Research UK, develop the people skills she has employed in a wide-ranging career, says Tynan BartonEarly in her career, Samantha Gee, director of resourcing and reward at Cancer Research UK, discovered that her degree in psychology stood ...
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Article
Sanofi-Aventis changes group income protection providers
Sanofi-Aventis has switched group income protection (GIP) providers from Legal and General to Generali.The healthcare firm, which has 100,000 staff globally, said that it wanted a provider with a different, but strong, approach to customer service and claims management, which also met the needs of its multinational pooling scheme.Sanofi-Aventis staff ...
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Article
Small fleets neglect duty of care and driver training
Small fleet operators fail to recognise the importance of duty of care and offering driver training..According to the Company Car Trends report by GE Capital Fleet Services, just over three in five (63%) small fleet operators see the significance of duty of care, compared to three-quarters (76%) of larger fleets.The ...
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Article
FSA plans to extend tough measures on bankers’ pay and bonuses
The Financial Services Authority (FSA) has announced proposed revisions to its Remuneration Code to extend to 2,500 financial services firms.The revision would mean the code, which aims to tighten the rules around bankers’ pays and bonuses to discourage short-term risk-taking, will now cover most hedge funds and investment managers, as ...
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Article
Default retirement age to be scrapped
The default retirement age (DRA) will be scrapped from October 2011 under proposals published for consultation by the government today.The new plan will allow for a six-month transition period from existing regulations, which will be phased out from April 2011.Currently employers can make employees retire at 65, however with people ...
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Article
McDonald’s sees 60% take-up of new voluntary benefits scheme
McDonald's has achieved 60% take-up of its new voluntary benefits scheme.More than half of the fast food chain’s 80,000 UK employees have taken advantage of its voluntary benefits scheme, saving £100,000, in the first three months after it was introduced in March 2010.The scheme, provided by Asperity Employee Benefits, includes ...
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Article
Peoplevalue launches new employee reward and recognition service
Peoplevalue has launched an employee reward and recognition impact and effectiveness review service.Its eRewardInsight service will help employers structure an employee reward and recognition scheme prior to its introduction to ensure it is aligned with business objectives.It will also give employers an insight into the functioning of existing reward and ...
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Article
Nuffield Health launches nutritional service
Nuffield Health has launched a nutritional service to help employees improve their health by gaining a comprehensive view of their diet.The new service will give employers a comprehensive survey of the dietary habits of its workforce, from which the nutrition team will produce a bespoke plan ranging from seminars and ...
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Article
Ford faces legal action over pensions
Ford Motor Company is facing legal action over the pensions rights of employees who transferred to car parts company Visteon UK, which later went into administration.Trade union Unite has warned Ford about legal action for providing ‘misleading’ advice to employees who subsequently lost their jobs and pensions when Visteon UK ...
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Article
Damaging drinking culture encouraged by employers
Well-meaning employers could be damaging the health of their workers by encouraging social events involving drinking, according to new research from Aviva.In its fourth Health of the Workforce report, Aviva found 57% of business leaders claim socialising at work usually involves going to the pub for drinks.Although 45% of respondents ...
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Article
Employee benefits providers team up to raise money for charity
Employee benefits providers are uniting to raise £30,000 for childhood cancer charity, the Neuroblastoma SocietyOver 100 employees from intermediaries and insurers will join cricket stars to play 18 holes at the Princes Golf Club in Kent in September.The third Lorica golf charity day will see Axa, Bupa, Groupama, Canada Life, ...
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Article
Metropolitan Housing Partnership introduces flexible benefits
The Metropolitan Housing Partnership has introduced a flexible benefits scheme for all employees.The housing association launched the scheme in order to offer employees more choice and flexibility around benefits.The scheme, which was launched in June, is provided by Lorica. Rather than providing staff with a flex allowance to spend through ...
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Article
Mental Workout launches online tool to reduce employee stress
Mental Workout has launched a new web-based stress management programme for employees to help employers increase productivity and reduce absenteeism.Its Freedom from Stress programme offers strategies and exercises for eliminating stress and enhancing overall wellbeing, which can be downloaded to a mobile device, computer or CD.Employees can complete a personal ...
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Article
Corpore launches health service to reduce staff absence
Rehabilitation and injury management company Corpore has launched new health services to help employers reduce staff absence levels.It has launched fit note coaching to manage the an employee's return to work, and is broadening its health surveillance services to include pre-employment and workplace screening, lung screening and drug and alcohol ...
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Article
Employees waiting for pay to be reinstated after cuts
Over three-quarters (77%) of employees who took a pay-cut during the recession have still not had their pay re-instated, according to research from recruitment consultants Badenoch and Clark.The research showed that employers are using additional benefits to retain staff in the absence of pay incentives. For instance, flexible working hours ...