All Employee Benefits articles in Web Issue – Page 247
-
Article
Employee Advisory Resource and PocketSmith launch budgeting tool
Employee Advisory Resource (EAR), an employee assistance programme (EAP) provider has entered into an exclusive partnership with PocketSmith, a budgeting software company, to provide an online personal finance management tool to help employees with budgeting and financial planning.The new online tool is an interactive enhancement to EAR's suite of debt ...
-
Article
AMII to discuss value of selling PMI to employers
The Association of Medical Insurance Intermediaries (AMII) is to hold a session at its annual Conference on 17 June dedicated to highlighting the opportunity private medical insurance (PMI) can offer independent financial advisers (IFAs) to create a valuable additional revenue stream for their business, either by advising direct or through ...
-
Article
Leasedrive Velo Group launches mileage capture and reporting system
Leasedrive Velo Group has launched a fully-automated secure online business and private mileage capture and reporting mechanism.With the ability to capture private mileage data from fuel and cash invoices, the Mileage:Manager system is designed to cuts costs and increase the efficiency for customers. Mileage:Manager delivers an online journey log, linked ...
-
Article
Kellogg’s switches company car provider
Kellogg’s has switched company car provider in order to cut costs and offer a wider range of vehicles to staff.The Manchester-based food company operates a 200-strong company car fleet and has signed a three-year sole supply maintenance contract hire agreement with ALD Automotive.The switch follows the completion of an extensive ...
-
Article
Taylor Nelson Sofres centralises fleet provision
Market research company Taylor Nelson Sofres is to centralise its UK fleet management function and introduce an accident management system.The firm has appointed CLM Fleet Management to look after its 130-strong fleet, which was previously de-centralised with a number of different offices taking individual decisions.The new centralised approach aims to ...
-
Article
Cutting vehicle fleet costs
Extending the period or mileage of a fleet contract might seem a sensible cost-efficient measure, but increased maintenance and other factors could outweigh any savings, says Nic PatonIn March, telecoms giant Vodafone told its 10,000 UK employees that, along with scrapping pay rises and ditching bonuses this year, anyone driving ...
-
Article
Buck Consultants launches redundancy service for managers
Buck Consultants has launched a new service designed to help line managers address the needs of retained staff at each stage of a redundancy process, and keep a focus on the future.The new service, called Beyond Redundancy, will offer ‘manager workbooks’ that enable them to keep staff focused during a ...
-
Article
Unum increases maximum benefit limits
Unum has increased its maximum benefit limits, offering annual cover of up to £250,000 a year on its personal and primary income replacement plans.The income protection provider has also upped the maximum cover available under its executive income replacement plan, which now offers annual cover of up to £300,000 a ...
-
Article
Union official eats own finger in pay protest
Employers embroiled in battles with staff and unions to minimise resistance to pay cuts or freezes should be relieved that the disgruntled parties have not resorted to amputating body parts to highlight their cause.It has been reported that a Serbian union official cut off his little finger and ate it ...
-
Article
Canada Life extends one-time underwriting
Canada Life has introduced one-time underwriting to its group life schemes, after launching the process for its group income protection schemes last year.The approach means members requiring underwriting need only be medically underwritten once, and if accepted, no further underwriting will be required, regardless of increases in salary or benefits. ...
-
Article
The Employee Benefits Research 2009: contents & key findings
Research: benefits strategyResearch: evaluation of and attitudes to benefitsResearch: responsibility for and communication of benefitsResearch: how benefits are offeredResearch: core benefits offeredResearch: voluntary benefitsResearch: tax-efficient benefits and salary sacrificeResearch: flexible benefitsResearch: changes to employee benefitsBenefits Book 2009: Editor's CommentDownload a PDF version of the Employee Benefits Research 2009Note: the pdf ...
-
Article
Employee Benefits Research 2009: voluntary benefits
Giving employees access to discounted products through a voluntary benefits scheme is a cheap, cost-effective way to provide benefits, particularly for employers that cannot afford to pay for staff perks. But voluntary schemes are by no means the poor relations of the benefits world. Many employers offer them alongside core ...
-
Article
Employee Benefits Research 2009: tax efficient benefits and salary sacrifice
Given the tax and/or national insurance (NI) savings available on tax-efficient benefits offered via a salary sacrifice arrangement, it is no surprise that just under three-quarters (72%) of respondents offer their workforce this type of perk. Those that do not must have heard of these savings, so it is likely ...
-
Article
Employee Benefits Research 2009: flexible benefits
Although the popularity of flexible benefits schemes is increasing, growth in this area has occurred more slowly than for other types of benefits scheme. This may be because myths still persist among employers about the expense of implementing flex and the cost of a scheme’s administration, despite advances in flex ...
-
Article
Employee Benefits Research 2009: changes to employee benefits
Keeping a benefits package fresh is the only way of making sure it remains interesting and continues to appeal to employees for any length of time.The best way for employers to achieve this is to regularly review and monitor their package, with a view to adding perks that staff are ...
-
Article
Benefits Book 2009: Editor's Comment
Welcome to our 8th annual directory of benefits and reward service suppliers. The Benefits Book is the directory for the industry detailing the leading consultants, advisers and product providers in our market.This year The Benefits Book carries our bi-annual Employee Benefits Research among UK-based employers on the how, why and ...
-
Article
Employee Benefits Research 2009: benefits strategy
Over the last five years, little seems to have changed in how employers view their benefits strategies. With many compensation and reward professionals coming under increasing pressure to control reward costs and demonstrate that they are obtaining value for their spend, it is encouraging to see that just under two-thirds ...
-
Article
Employee Benefits Research 2009: Evaluation of and attitudes to benefits
There has been a significant rise in the importance of obtaining, and demonstrating, value for money on benefits over the past five years. When respondents were asked back in 2004 about their perceptions of their benefits package, just 29% said it provided value for money. This year, 79% said the ...
-
Article
Employee Benefits Research 2009: responsibility for and communication of benefits
Over the past 10 years, huge advances in technology have transformed the way employers communicate benefits to staff. Back in 1998, when Employee Benefits carried out the Strategic reward research, only a quarter of employers used email to communicate benefits and just 7% had an intranet site. How things have ...
-
Article
Employee Benefits Research 2009: how benefits are offered
Although most employers still offer their staff traditional core benefits, the percentage that offer perks by some other means – on a voluntary basis, through a flexible benefits scheme or via salary sacrifice – has risen steadily over the past five years. Back in 2004, for example, 34% of respondents ...