All Employee Benefits articles in Web Issue – Page 249
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Article
Specsavers appoints Tim Fevyer
Specsavers has appointed Tim Fevyer as director of reward and policy. He was previously head of pay policy and employee benefits at Lloyds TSB, where Carol Hosey has replaced him.
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Article
Friends Provident ups age for group income protection
Friends Provident has extended its group income protection products to cover staff up to the age of 70.The extended cover is available on new and existing schemes. In new schemes, it will be permitted on a discretionary basis even if employers do not initially choose to cover staff past the ...
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Article
Debra Corey joins Quintiles
Pharmaceutical firm Quintiles has appointed Debra Corey as senior director, compensation and benefits, Europe, Middle East and Africa (EMEA). Corey, who takes up the role this month, was previously interim head of rewards at supermarket chain Morrisons.
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Article
Harper Wright move to FSA
Harper Wright, head of Bank of America’s financial education service, is leaving to take up a financial capability delivery management position with the Financial Services Authority this month. Wright will work on the FSA’s Money Guidance pathfinder service, now being piloted in the north-east and north-west. He joined MBNA, later ...
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Article
Enterprise Rent-A-Car introduces bike scheme
Enterprise Rent-A-Car has introduced a cycle-to-work scheme and discounted retail vouchers for its 2,000 full-time staff.Through the cycle-to-work scheme, staff can save 40% on the price of their chosen bike if they are a basic-rate taxpayer and 49% if they are a higher-rate taxpayer.Donna Miller, HR director for Europe, said ...
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Article
Hewitt Associates appoints Steve Bright
Hewitt Associates has appointed Steve Bright as global leader of human resources for its consulting business. He is responsible for developing and executing people strategies and HR service delivery. Previously, Bright was group HR director and a member of the executive management team at business and technology consultancy Detica.
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Article
West Lothian Council consolidates voluntary benefits
West Lothian Council has consolidated its voluntary benefits under a single provider.The authority, which previously offered benefits via a number of salary sacrifice providers for its 8,000 staff, has now consolidated these into a single integrated scheme managed by Asperity.Neil McLeod, employee benefits manager at the council, said: "Keeping it ...
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Article
Avanta redesigns benefits package after full review
Avanta has reviewed its entire benefits package, making improvements to health and wellbeing benefits, pensions and lifestyle perks.The firm, which specialises in offering flexible office spaces for small and medium-sized enterprises, will introduce salary sacrifice on pension contributions this month. It will reinvest its savings on employer national insurance contributions ...
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Article
Comet launches company-paid healthcare cash plan
Comet has launched a company-paid healthcare cash plan to aid staff health and wellbeing.The retailer, which employs 9,500 people in the UK and already offers private medical insurance (PMI) to its managers, implemented the cash plan for its 7,500 other employees, including its sales teams, drivers, contact centre staff and ...
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Article
Research: Towers Perrin's UK corporate health and wellbeing survey
Cost is the most important factor for employers when setting up a health and risk benefits strategy.According to Towers Perrin's UK corporate health and wellbeing survey, price is the greatest influence when implementing a health and risk policy, cited by 45% of respondents, followed by employee satisfaction (29%).Organisations that provide ...
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Article
Co-operative Group launches total reward statements
The Co-operative Group has launched total reward statements to 470 of its senior managers to increase engagement with its remuneration package.The paper-based total reward statements, which will set out details of employees' pay, bonuses, pension contributions, long-service awards and staff discounts, will be sent out this month. The group, whose ...
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Article
Hutchison extends flex to entire workforce
Hutchison 3G has extended its flexible benefits scheme to cover its entire workforce, launched a total reward website, and extended its voluntary benefits scheme.The telecoms company, which operates mobile phone network 3, previously provided flex to more than 2,500 staff in its call centre and retail operations. It has now ...
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Article
T-Mobile adds salary sacrifice travel perks
T-Mobile has added a salary sacrifice arrangement on bus travel and travel insurance to its flexible benefits scheme.Through the salary sacrifice offer on bus travel, which supports the mobile telecoms operator's bid to cut CO2 emissions, staff can save up to 40% on the cost of tickets.Employees can select annual ...
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Article
Employee Benefits Research 2009: Employers torn between motivation and cutbacks
Employers are increasingly torn between motivating staff in the recession and needing to cut costs.The Employee Benefits Research 2009 found that 43% of employers intend to seek ways to maintain staff motivation, or have already done so. But 29% have imposed, or are planning, pay freezes, and the same proportion ...
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Article
Stagecoach introduces auto-enrolment for group Sipp
Stagecoach has introduced auto-enrolment for its group self-invested personal pension (Sipp).The first wave of employees has been automatically enrolled into the scheme, which was brought in for all staff last May to replace the bus company's previous stakeholder plan.Since the Sipp began, Stagecoach has amended the terms and conditions for ...
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Case Studies
Case study: The Health Store
Case study: Healthy reduction in absenceThe Health Store, the UK's largest co-operatively owned buying group supplying health and wholefood retailers, has reduced staff absence levels after addressing human capital management with an integrated HR system. The organisation has reduced staff absence from 7% to 2% after introducing a system that ...
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Case Studies
Case study: The Scottish government
Case study: Government streamlines HRThe Scottish government uses HR software to improve efficiency and give employees more control over their long-term career development, as well to consolidate information on its human capital.The software and self-service system, provided by Oracle, allows the government to streamline administrative processes from the point an ...
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Article
Channel 4 outsources HR administration and payroll
Channel 4 has outsourced its HR administration and payroll to Logica as part of a company-wide programme to reduce costs and streamline its operations.Under the terms of the partnership, Logica will implement Oracle’s payroll application and integrate it with the company’s existing Oracle HR system to achieve a single and ...
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Article
Chelsea Building Society launches payroll giving to 1,000 staff
Chelsea Building Society has launched a workplace giving scheme to nearly 1,000 staff as part of the Geared for Giving Campaign.It joined the campaign in response to a letter from local MP Anne Snelgrove urging employers across the UK to support the Geared for Giving Campaign, which celebrated its first ...
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Article
Tesco’s corporate charity giving rises to GBP57 million
Tesco’s corporate giving to good causes in countries where it has stores was £57m in 2008.The £57m figure does not include almost £6m of the record £6.4m raised by staff and customers for last year’s Charity of the Year, Marie Curie Cancer Care.Despite the economic downturn, Tesco has matched its ...