All articles by Tynan Barton – Page 82
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Article
Chartis launches new cancer care products
Health insurance provider Chartis has launched two new cancer care products through its online voluntary benefits site.The products have been launched in response to the financial limitations in the private medical insurance (PMI) market for individuals with cancer.Although PMI schemes cover cancer treatment costs, the longer term financial impacts, such ...
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Article
Melton Mowbray Building Society introduces employer-paid health cash plan
Melton Mowbray Building Society has introduced an employer-paid health cash plan for staff through Benenden Healthcare.It is the first non-public sector organisation to appoint the provider, which was previously exclusive to public sector workers.Through the scheme, the building society’s employees will be able to access a range of discretionary healthcare ...
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Article
UK workers pull 35 million sickies a year
UK employees take more than 35 million sick days a year for personal reasons rather than for a genuine illness, according to research from Aon Consulting.The survey of European workers revealed more than one in five (21%) Brits feigned illness the last time they took a day off work.Only half ...
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Article
National Grid switches flexible benefits providers
National Grid has switched flexible benefits providers.The energy company has moved to Vebnet and hopes to increase take up with a fresh approach to benefits and communication.National Grid’s annual renewal for its flexible benefits plan is 1 December so the company is going through a transition period with Vebnet from ...
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Government calls for industry to lead reform of bankers’ bonuses
The financial secretary to the Treasury has called for the banking industry to lead the changes in a reform of bankers’ remuneration policies in order to regain public trust and confidence.Speaking at the British Bankers’ Association annual dinner, Mark Hoban MP said that although the coalition government has a role ...
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Scottish Prison Service awards eye contract to Specsavers
The Scottish Prison Service (SPS) has appointed Specsavers Corporate Eyecare to provide optical benefits to staff.Its package includes eye examinations, spectacles for visual display unit (VDU) use if required, and prescription safety glasses.SPS is using Specsavers Corporate Eyecare’s voucher system and online appointment booking system.The provider will visit each SPS ...
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Article
Healix to offer discounted gym memberships to healthcare trust clients
Healix has partnered with Nuffield Health to offer discounted gym memberships to employees of its healthcare trust clients.As part of the healthcare trust provider’s package, a company’s employees will be able to access health and fitness services at no additional cost to the employer.Employees will have discounted membership at any ...
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Article
Xafinity buys PwC’s trustee pension clients business
Xafinity is acquiring PricewaterhouseCoopers LLP (PwC) trustee pension scheme actuary, trustee investment consulting and scheme administration client business.Xafinity Consulting will provide clients with a full range of pensions consulting, actuarial and administration services.PwC has taken the strategic decision to cease operating in the market of providing trustee scheme actuary and ...
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Article
Property and construction workers hit the bottle to cope with stress
Property and construction workers are more likely than any other professional to turn to drink to cope with stress, according to a survey from Medicash.Of the workers in the industry, 47%, five times more than most other industries, admitted to being so strung out at the end of the day ...
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Article
Inchcape switches provider of healthcare trust
Automotive distributor and retailer Inchcape has selected Healix to provide its healthcare trust to more than 1,000 employees, retirees and dependants.Inchcape had operated a trust for more than five years but changed providers after concerns about administration costs, claims handling and maximising value on claims costs through purchasing power prompted ...
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Article
Workplace Options launches new employee absence tracking tool
A new tool to reduce unplanned absences and manage employee productivity has been launched by Workplace Options.The employee assistance programme (EAP) provider has launched the web-based application to counter the cost of the impact of sickness absence on businesses.According to the Confederation of British Industry (CBI), employees took 180 million ...
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Article
Friends Provident produces new guide to corporate investment platforms
A new guide aimed at helping employee benefit consultants and trustees unlock the full potential from corporate investment platforms has been produced by Friends Provident.The guide highlights the features and benefits of the tool plus a step-by-step fund dealing cycle illustrating the scale of the efficiencies platforms provide.It follows the ...
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Article
BT strike ballot cancelled
A ballot of BT employees over pay has been cancelled following legal advice.The Communication Workers Union (CWU) has cancelled the notice for the industrial action ballot after lawyers warned that there were technical breaches that could have invalidated the ballot.It has not been revealed precisely why the ballot may have ...
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Chelmsford Borough Council implements new health plan
Chelmsford Borough Council has introduced a new health plan that gives its 825 employees the opportunity to top up their cover and add partners.The health plan, provided as a collaboration between BHSF and Aon, offers employees diagnostic consultation, therapies, dental and optical benefits, and access to health assessments.Florence Agyei, HR ...
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Analysis
Global bonus schemes
If you read nothing else, read this . . .Views on bonuses can differ from country to country, and region to region, as well as between organisations.Labour markets, costs of living and exchange rates must be considered when setting an international bonus structure.Rewarding individuals for the right behaviour as well ...
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Article
John Lewis to hold summer events for staff
John Lewis Partnership is to hold a series of events for staff and their families over the summer.On 25 July, it will stage an outdoor festival in the Thames Valley, followed by an event at the Tower of London for several thousand staff and their families.The retailer has also published ...
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Article
Yell and Honda UK launch carbon payroll giving schemes
Yell and Honda UK have signed up to cut carbon emissions as part of the Woodland Trust’s Carbon Payroll Giving scheme.The Woodland Trust launched the scheme in June to help individuals compensate for their carbon emissions, through donations, by planting more native trees in the UK.Employers are able to offer ...
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Interview with Ralph Turner, pensions and benefits director, Mars Group
Ralph Turner, pensions and benefits director at the Mars Group, says he and his peers are preparing to tackle the effects of “short-term politics” on pensions and taxFor Ralph Turner, pensions and benefits director at the Mars Group, working in employee benefits resulted more from a meeting of minds than ...
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Article
Personal Group research: Most staff do not make best benefits
The majority of employees (81%) are not making the most of their benefits packages.However, nearly half (47%) are actively taking steps to measure the value of the package they are entitled to, according to Personal Group’s Let’s Talk Benefits research conducted among 109 individuals.In order to better measure the value ...
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Arqiva harmonises pension provision following merger
Arqiva has introduced a new group personal pension (GPP) plan to harmonise its pensions provision after its merger with National Grid Wireless in 2008.Both Arqiva and National Grid Wireless had an existing GPP, and reviewed the offering post-merger to create a new plan, provided by Aviva. Arqiva also has a ...