All Employee Benefits articles in Web Issue – Page 237
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Article
Rosemary Crabb, flexible benefits manager, Nationwide Building Society: Staff must know true value of their package
Employers of choice understand the importance of offering a balanced, diverse range of voluntary benefits to supplement their core reward offering. These perks can be delivered through salary sacrifice or flexible benefits schemes. In the current economic climate, it is especially important to offer a choice of voluntary benefits that ...
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Article
Research: how flexible benefits is administered
Efficient, cost-effective administration is key to a flex scheme's success, but there is a lot for employers to consider, says Nicola SullivanThe most popular way for employers to administer their flex schemes is using a combination of in-house resources and outsourced services. This is a change from four years ago, ...
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Article
Research: Salary sacrifice in flexible benefits
Benefits that yield tax/national insurance savings can be invaluable, but salary sacrifice may not suit all employees, says Debbie LovewellSuch a high number of employers now offer benefits with tax and/or national insurance (NI) breaks through a flexible benefits scheme, it is perhaps not surprising that the percentage doing so ...
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Article
Colin Evans, UK head of reward services, Hay Group: Responsible reward makes business sense
It is difficult to avoid the current focus on irresponsible reward in the banking industry. But, despite public opinion, bankers' bonuses are not to blame for the breakdown of the global financial system. They were merely efficient tools of strategy, and it was the strategy itself - inappropriate borrowing practices ...
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Analysis
Pensions within flexible benefits schemes
Many employers have been reluctant to include pensions in their flex schemes, but there are advantages in doing so, says Katrina McKeeverOver the past two decades, as flexible benefits schemes have grown in popularity in the UK, employers have generally fought shy of including pensions within flex.Traditionally, they have cited ...
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Analysis
How to communicate flexible benefits
Getting the right message to the right people via the right media is a key to success for flexible benefits schemes, says Jenny KeefeWith so many methods of communication available, the basic rules of communicating flexible benefits can be forgotten. But getting the basics right will pay off, and there ...
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Article
Research: alternatives to flexible benefits plans
Voluntary benefits and total reward statements can pave the way for employers to introduce a flexible benefits plan, says Debbie LovewellThere are several commonly accepted steps employers can take to test the water before launching a flexible benefits scheme. Voluntary benefits, for example, enable employers to introduce staff to the ...
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Article
Employee Benefits/Towers Perrin Flexible Benefits Research 2009
Research: who are the respondents; key findingsResearch: attitudes to flexible benefitsResearch: structure of flexible benefits schemesResearch: how flexible benefits schemes are administeredResearch: salary sacrifice in flexible benefitsResearch: alternatives to flexible benefits plansFeature: pensions within flexible benefits schemesFeature: how to communicate flexible benefitsSponsors Comment: Realise the full value of flexEditor's commentOver ...
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Article
Ashley Bestwick joins Apple
Apple Europe has appointed Ashley Bestwick as head of European compensation and benefits. Bestwick, who will take up his new role at the end of this month, joins Apple Europe from publishing firm IPC Media, where he has spent five years as reward manager. Bestwick has been involved in reward ...
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Article
Evan Davidge moves to the Department of Transport
The Department for Transport has appointed Evan Davidge as its interim head of reward, with a remit to develop a total reward strategy for the organisation. His role, which began in February and is due to last for three months, is to cover maternity leave.
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Article
Bennedetta Petto heads HR at Cabot
Cabot Financial has appointed Bennedetta Petto as HR director, responsible for all aspects of strategic HR, including benefits and reward. Before joining the debt-purchasing firm, Petto held senior HR positions with organisations such as Lloyds TSB, British Aerospace Engineering and the Kingfisher Group. She has more than 20 years’ experience ...
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Article
Debi O'Donovan, editor of Employee Benefits: Recession calls for joined-up thinking on benefits and pay
After just over three years of focusing on other aspects of the Employee Benefits brand, I find myself back in the editor's chair. I trust that it will be a blessing rather than a curse that I return to the front line during a recession.The benefits market appears to be ...
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Article
Fife Council switches voluntary benefits provider
Fife Council has switched its voluntary benefits provider in a bid to boost the number of employees taking up locally-sourced discounts.The council has publicised the discounts from more than 130 local businesses, such as decorators, jewellers and home removal firms, on its branded website. To take advantage of the perks, ...
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Article
White & Case introduces new HR and payroll system
Law firm White & Case is to introduce a new HR and payroll system that will gather data on sickness absence, benefits spend and turnover, help to manage staff holidays, and improve the efficiency of processes relating to pay and expenses.The in-house system, provided by Sage HR and Payroll, will ...
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Article
Creative Agency And Partners invites volunteers
Creative Agency And Partners is offering its employees an extra day's paid leave a year to use to carry out volunteer work in the community.The Have a Good Day initiative, launched in January, allows employees to take their day at any time of year.Staff requests on ways to use the ...
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Article
Support centre will prepare GSK staff for redundancy
GlaxoSmithKline (GSK) has opened an employee support centre at its Crawley manufacturing site to give guidance to the 529 staff who will be made redundant when the site closes at the end of 2011.At the centre, opened in January by the site's own human resources team, staff can access a ...
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Article
Shepherds Bush Housing Group launches cash plan
Shepherds Bush Housing Group (SBHG) has launched an employer-paid healthcare cash plan for its 180 employees, in the first step towards having a total reward package in place by 2011.The plan was introduced in February after a staff survey showed employees were interested in health insurance. The scheme is provided ...
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Article
Marriott revamps voluntary perks
Marriott Hotels has revamped its voluntary benefits package to make it more relevant to the needs of its workforce, following a staff survey.In the employee benefits survey last summer, staff were asked which perks they would like to be offered. The three most popular suggestions were implemented in January, and ...
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Article
Shire switches provider for GPP scheme
Shire has switched to Norwich Union as provider for its group personal pension scheme.The pharmaceutical firm made the change in February after a representative committee of employees expressed concern about the effect a restructure at former provider Friends Provident in January 2008 might have on its pensions business.Alan Brown, Shire's ...
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Article
RSA launches flex scheme to boost staff engagement
Royal & Sun Alliance Insurance Group (RSA) has launched a flexible benefits scheme, online total reward statements and a pension calculator for its 8,000 UK staff in a bid to boost engagement.The scheme, which went live in January, allows staff to select from a range of 18 benefits each year ...