All Employee Benefits articles in Web Issue – Page 223
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Article
Vauxhall in talks with unions over pay cuts and four-day week to save jobs
Vauxhall is in talks with trade unions to stave off redundancies, with pay cuts and a four-day working week among the options on the table.The car manufacturer, which employs 5,000 workers in the UK, has already introduced 'down days' where employees leave work early but still get paid, allowing the ...
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Article
Hogg Robinson launches voluntary benefits
Travel services firm Hogg Robinson has launched a voluntary benefits scheme for its UK-based employees.The scheme, provided by Peoplevalue, allows staff to have access to thousands of discounts in products or services from a number of different retailers and suppliers. Staff obtain the discounts by logging onto a company-branded website.David ...
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Article
Edexcel revamps its voluntary benefits
Edexcel has revamped its voluntary benefits scheme for its employees and switched providers from You at Work to Logbuy.The qualifications awarding body launched the new scheme in December, to allow its staff who number more than 1,200 access to discounts from more than 150 retailers in time for Christmas.Employees obtain ...
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Article
Buyer's guide to carbon offsetting (January 2009)
Employers can enhance their green credentials by helping staff to offset their personal carbon footprints, says Nicola SullivanCarbon offsetting enables organisations and employees to counterbalance their carbon footprint, which is usually calculated by totting up the amount of greenhouse gases produced by factors such as car journeys, flights and the ...
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Article
Calls for reduced working hours to save car industry
The government faced calls for creative action such as reduced working hours to help the UK's car industry, as unions branded its £2.3bn support package as too little too late.Tony Wolley, joint general secretary of Unite the Union, suggested a government subsidised short working week would help the industry, and ...
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Article
At last - Childcare Vouchers are as simple as child's play
It's hardly surprising that working parents prefer employers with Childcare Voucher schemes.Click here to find out what's in it for you and your employees.
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Article
Childcare Vouchers - an employer's guide
Whether you are already offering Childcare Vouchers, or thinking about implementing a scheme, Click here for an employer's guide.
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Article
Employers taking fleet damage limitation steps
Employers are taking steps to limit their exposure to the cost of accidental damage to leased vehicles in their fleet.Almost 95% of businesses regularly receive company vehicles back at the end of the lease period with unexplained dents and scrapes, and only 5.5% of employers said all damage was explained ...
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Analysis
Managing fleet risk in the public sector
New health and safety legislation will have a significant impact on fleet managers, particularly in the public sector if an organisation’s employees use their own cars for work travel, says Nic PatonMuch has been said about the need for employers to manage risk more closely after the Corporate Manslaughter and ...
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Article
FTSE 100 pension scheme assets fell by GBP65bn in 2008
The credit crunch wiped £65bn off the value of pension scheme assets of the UK's largest 100 companies in 2008 according to Deloitte.The business advisory firm estimated that FTSE 100 pensions schemes were in deficit by £130bn at the close of 2008, and warned that problems could deepen in a ...
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Article
Vauxhall offers staff a sabbatical to cut costs
Vauxhall has offered workers at its Ellesmere Port factory a sabbatical of up to nine months on 30% of pay, as car manufacturers seek to cut payroll costs during the economic downturn.Workers at the General Motors owned plant were invited to apply for the leave period in december, in response ...
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Article
PricewaterhouseCoopers has acquired Halliwell Consulting
PricewaterhouseCoopers (PwC) has acquired executive remuneration consultancy Halliwell Consulting.PwC will absorb the niche reward consultancy, which provides advice on executive remuneration and share schemes to medium-sized organisations, into its mid-tier reward business.Michael Rendell, partner and global head of human resource services, PwC, said the acquisition demonstrates its commitment to working ...
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Article
British Chambers of Commerce calls for freeze on minimum wage levels
The British Chambers of Commerce (BCC) has called for a freeze on the national minimum wage (NMW) level until the economy picks up.It says that businesses cannot afford the uplift at present and wants the Low Pay Commission to recommend the freeze.The BCC has calculated that another increase in the ...
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Article
No statutory redundancy pay for Woolworths' Channel Islands employees
Woolworths' employees based in the Channel Islands have been dealt a further blow after learning they will not receive statutory redundancy pay.The retailer’s administrator Deloitte has confirmed that staff members in Jersey and Guernsey are not offered the same level of protection from the Redundancy Payment Office as workers in ...
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Article
HBOS pension trustees seek to delay merger with Lloyds TSB
Trustees of HBOS' final salary pension scheme want to delay the firm's merger with Lloyds TSB until solid guarantees are given to protect the future of the defined benefit pension scheme.They have requested that the Court of Session in Edinburgh withhold approval for the merger after Lloyds TSB declined to ...
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Article
Altair launches pre-paid payroll card
Altair Financial Services International has developed a new programme which allows employers to load wages directly onto a pre-paid card through the payroll system.The Essential Pre-paid Mastercard, which was developed for NorthgateArinso, enables employers to pay employees who do not have bank accounts through payroll, reducing the need for cash ...
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Article
Smaller firms failing to offer pension schemes to staff
Many small business employers are failing to offer their staff any kind of workplace pension scheme, while many of those those who do say they are likely to level-down provision ahead of 2012.New research from the Association of Consulting Actuaries (ACA) has revealed that 80% of the 1.2 million firms ...
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Article
Employers may face absence claims over holiday clause
Employers could face high levels of staff absence if workers invoke an often little-known clause in their contracts, which allows them to reclaim holidays if they were sick while on leave.The sickness holiday clause is included in the employment contracts of many public sector organisations and and some private sector ...
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Article
Malmaison sees increased benefits uptake from Dual Language Web Video communications
Wednesday 7th January 2009Malmaison and Hotel Du Vin, the boutique hotels group, has seen a 60% increase in benefits engagement since the introduction of new web videos which explain their online benefits system in English and Polish.The three videos, produced by Malmaison’s consultants at Asperity Employee Benefits showcase the MalHDV ...
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Article
Marks and Spencer to change final salary pension scheme to cut costs
Marks and Spencer has announced changes to its final salary pension scheme and early retirement arrangements in a bid to cut costs.The retailer says it will cap employees’ annual increases in pensionable pay to 1%. This will affect 21,000 employees who are active members of the final salary pension scheme, ...