All Employee Benefits articles in Web Issue – Page 253
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Article
Government unveils new fit note consultation
The government has launched a twelve-week consultation into the design of the new medical ‘fit note’ that will replace the current ‘sick note’.The fit note will enable employees to get the best possible advice about staying in work, and if they can’t work what their employer can do to help ...
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Article
Japanese restaurant employs high-performing monkey
News that a Japanese restaurant has attracted extensive amounts of business by harnessing the talents of a monkey raises some poignant questions about about reward and the battle for talent.Guests dining at the Kayabuki restaurant, 60 miles north of Tokyo, are greeted by monkey-waiter Faku-chan, who has created such a ...
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Article
Employee Benefits Awards 2009: Most effective use of financial education in the workplace (Sponsored by JPMorgan INVEST)
WinnerSchlumberger (entered by Clarity)Judges praised the oilfield service provider’s approach to the difficult task of providing financial education to a workforce of 84,000 spread across more than 80 countries. Its education programme targets two main groups – expatriate employees and international commuters who live in their home country but travel ...
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Article
FSA assesses money guidance service ahead of national launch
The Financial Services Authority (FSA) is assessing the success of the money guidance programme currently available in the North of England ahead of the national launch of a similar service expected to take place next year.Chancellor Alistair Darling announced in his Budget report that a national money guidance service would ...
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Article
Proposals to allow parents to share parental leave put on hold
The government has put its proposals for parents to share maternity and paternity leave on hold as it reviews the costs and benefits of introducing new regulations in the current economic conditions.The proposals, which were expected to be introduced this year, would allow mothers and fathers to share a year ...
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Article
Impact of tax changes on company car fleet costs
As the residual value of cars has fallen, contract hire schemes seemed like the best bet, but recent tax changes may have a bigger impact on fleet costs within an organisation, says Victoria FurnessIf you read nothing else, read this...A car's residual value is the amount it is worth at ...
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Article
Debi O'Donovan, editor of Employee Benefits: Flexible working has helped to make absenteeism go missing
If you feel strongly about parents having the right to request flexible working arrangements, then you really should take a close look at the Employee Benefits/Simplyhealth Healthcare Research 2009 published in June. Every June since 1999, Employee Benefits has conducted a major piece of research into the healthcare offerings and ...
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Article
Pada seeks views on investment strategy
The personal Accounts Delivery Authority (Pada) is consulting on the investment approach for personal accounts.Issues covered in its Building personal accounts: designing an investment approach paper include the investment objective and design of the default fund, and investment for members nearing retirement. The default fund is likely to be invested ...
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Article
Thrussel moves to Danone UK
Danone UK has appointed Lucy Thrussel as compensation and benefits director. She will be working within its shared services team and will focus on aligning the reward of Danone’s dairy and water businesses. Thrussel was previously reward manager at Comet, where Claire Williams, also a reward manager, will take on ...
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Article
TUI’s discount deal takes off with staff
TUI Travel has launched a voluntary benefits scheme for the 16,000 employees in its UK and Ireland division.Through the scheme, employees can access discounts and offers from more than 1,500 retailers online through a fully companybranded website, in-store and over the phone.Dione Mathias, TUI Travel’s reward manager, said: “We wanted ...
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Article
Employers’ vision is fuzzy on eyecare regulations
Employers are spending unnecessary amounts on eyecare benefits for staff because they do not fully understand the relevant legislation.The Health and Safety (Display Screen Equipment) Regulations require employers to provide all employees who use visual display units (VDUs) with eye tests, when requested, and glasses, if required.But according to Specsavers’ ...
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Article
New analysis: Just rewards at the top?
With executive remuneration policies in the spotlight, the role of benefits consultants is also under scrutiny...As shareholders come under pressure to monitor companies’ remuneration policies, employers are finding it harder to win the vote on changes to executive reward. Institutional investors are also being pressed to ensure executive reward at ...
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Article
Employee Benefits Awards: Glittering ceremony will see top performers crowned
The Employee Benefits Awards 2009 have been inundated with many sparkling entries, so make sure you have reserved your place at the gala lunch in June to see the winners announced. Hosted by comedian Rhod Gilbert, the event will take place on 26 June at the London Hilton on Park ...
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Article
Leaders to gather in Monte Carlo at Employee Benefits Summit 2009
The most influential reward professionals will gather at the Employee Benefits Summit in Monte Carlo this month.The event, which runs from 3-5 June, will kick off with a talk by global economist Roger Nightingale on ‘The economic downturn and the impact on salaries and pensions’, covering the shift from defined ...
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Article
Employee Benefits Live: Conference offers perfect opportunity to hear expert views on benefits strategy
Europe's largest reward and benefits event, Employee Benefits Live, will take place on 29-30 September at the Business Design Centre, Islington, London.The event, which includes both a conference and an extensive exhibition, has been running for 11 years and last year attracted more than 1,700 visitors.The highly-acclaimed, top-level conference programme ...
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Article
Benefits surgery: Enhanced redundancy payments
We are making job cuts. Can we legally offer statutory minimum redundancy packages rather than enhanced levels?Employers need to offer enhanced redundancy payments if employees have a contractual right to receive them. This depends on whether they have an express contractual right to enhanced payments or whether the employer has, ...
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Article
Adam Sorensen at WorldatWork: Effective, accurate communication is the key
Like the design of total reward itself, a total reward communication strategy should be driven by the corporate mission, supported by the business strategy, and guided by the HR strategy. If an employer’s total reward strategy or communications are inconsistent with its business objectives or do not reflect its business ...
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Article
Hutchinson appointed interim head of reward at Skype
Euan Hutchinson has been appointed interim head of reward at Skype. He left technology company Hewlett Packard in January, where he held the role of EMEA rewards director for eight and a half years.
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Supplier article
Adam Brooke Freshfields Bruckhaus Deringer: Flex helps to find a balance in difficult times
With the economic downturn comes the challenge of finding the right balance between managing costs and providing a competitive reward package. Companies can go some way to achieving this balance by introducing a flexible benefits scheme.Flexible benefits can help employers increase the understanding and encourage greater take-up of certain benefits. ...
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Article
Staffcare appoints Graham Jarvis as managing director
Employee benefits software company Staffcare has appointed Graham Jarvis as managing director. Jarvis, who was previously head of flex and benefits administration at Hewitt Associates, took up his new role in May. A qualified actuary, he has been involved in the flexible benefits sector since 2003, when he helped Buck ...