All Employee Benefits articles in Web Issue – Page 292
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Article
Almost half of European sales incentive plans are not working
Almost half (41%) of European employers believe their sales incentive plans are ineffective or are uncertain of their plans' effectiveness, according to research by Hewitt Associates.Its European Sales Compensation Survey looking at sales workforce incentive practices in 138 organisations across 15 European countries and 20 industry sectors, also found only ...
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Article
Gary Brewer joins William Grant and Sons
Gary Brewer has joined distillers William Grant and Sons, from an interim role as reward projects manager at BSkyB.In his new position as head of compensation and benefits, Brewer will be heavily involved in William Grant’s changing reward strategy.Brewer, who joined the company in November, said: “I regard it as ...
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Article
Dorian Hannington leaves Enrich
Dorian Hannington has left his role as manager of flexible benefits consulting and administration at Enrich. He had been with the firm for just over a year.†Before joining Enrich in October 2008, Hannington was head of client implementation at You at Work.†His other previous posts include consultant at CBoxx, operations ...
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Article
Conwy Council boosts workplace giving scheme
Conwy Council has relaunched its workplace-giving scheme to its 5,000 staff, and has increased the number involved tenfold.The scheme, part of the national Geared for Giving campaign, was first launched in 2006 but prior to November 2009 had achieved a take-up of only five people. But a communication campaign involving ...
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Article
Guaranteed minimum pension slip to be corrected
Staff who want to take a pension under a guaranteed minimum pension (GMP) scheme as a lump sum will have to wait until April.Last month’s changes to the trivial commutation regulations allow staff aged 60 to 75 to take pensions of less than £2,000 as a lump sum. But the ...
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Article
Confessions of a benefits manager: Trials of temptation
It is a bit of a shock to be back at work after more than a week of sloth and merriment. Big Bad Boss is still merry; he keeps humming In the Bleak Midwinter, which, more than 12 days after Christmas, is surely bad luck. Lazy Susan is still, well, ...
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Article
Buyer's guide to carbon offsetting (January 2010)
Employers and employees can make a contribution to the fight against global warming by donating to schemes that will offset their carbon footprints, says Tom WashingtonCarbon-offsetting schemes enable employees to calculate the amount of carbon they produce, be it through car journeys, flights, or the amount of electricity they use ...
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Article
Buyer's guide to employee assistance programmes (January 2010)
It is a good time to strike a cheaper deal for an employee assistance programme, but employers must make sure they are getting the services they require, says Sam BarrettPrices are tumbling in the employee assistance programme (EAP) market. As providers team up with insurers to offer freebie EAPs and ...
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Analysis
The cost to pension plans of longer life expectancy
Employers must contemplate strategies to tackle the risk of longer life expectancies, says Matthew CraigIf you read nothing else, read this...A one-year difference between actual and expected life expectancy can increase scheme costs by just over 3%.Average life expectancy can vary by five or six years between schemes.Longevity swaps are ...
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Analysis
Incentive schemes bring business benefits
Significant business returns can grow from a carefully thought-out incentive scheme for employees, says Liz MorrellWith the recession hitting employers’ budgets, and pay and recruitment freezes being implemented across the nation, it might seem contradictory to be offering incentives to staff. Mark Childs, director of consultancy Total Reward Solutions, says: ...
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Article
Jobs to go as GlaxoSmithKline moves to centralise HR function
GlaxoSmithKline (GSK) has taken steps to restructure and reduce the cost of its HR function, and has launched online total reward statements.The pharmaceutical firm wants to reduce the headcount of its HR and benefits workforce. Some generalist HR positions in the UK are already under consultation and, by April 2010, ...
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Analysis
What can you get in a £1-a-week health cash plan?
With health cash plans costing as little as £1 a week, what do these actually cover? Sally Hamilton reportsIf you read nothing else, read this...A £1-a-week health cash plan can pay out far more than is paid in. Employers can use a cash plan to help reduce absence and meet ...
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Analysis
Ensuring reward is fair for all staff
Employees accept there may be disparities in reward, but resentment arises if the differences are perceived as unfair, says Jenny KeefeAs prime minister Gordon Brown is fond of pointing out, the British have the principle of fairness as part of their national identity. The trouble is that fairness, in the ...
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Interview with Colin Miller, reward manager, Kent County Council
Former scientist Colin Miller, reward manager at Kent County Council, seeks to create a ‘golden thread’ of engagement between the authority and its wide variety of employeesIt might seem a long way from an honours degree in cell biology and a masters degree in analytical biochemistry to the role of ...
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Article
The Big Question: Should high earners bear the burden of economic recovery?
Should high earners bear the burden of economic recovery?We ask the experts for their answers... have your say online at: http://forum.employeebenefits.co.ukRichard Higginson, head of reward at Towry Law:“Why do you keep picking that chap if he is never properly fit and keeps getting injured?” I ask my 13-year-old son after ...
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Glaxosmithkline introduces online total reward statements
In November, Glaxosmithkline introduced online total reward statements, provided by Thomsons Online Benefits, for its 16,000 UK employees. These replace GSK’s previous in-house paper and online statements. GSK has set up computer kiosks at some of its manufacturing sites to help staff who are not computer-based to access statements more ...
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Article
Employer profile: City and Guilds
Reward is playing a key role in helping City and Guilds to operate on a more commercial and competitive footing, says Tom WashingtonThe rollcall of City and Guilds’ graduates include famous names such as Jamie Oliver and Alan Titchmarsh, but necessary changes to its business strategy have meant much pruning ...
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World Wildlife Fund to hold staff wellbeing activity week
The World Wildlife Fund is running a wellbeing activity week for its 340 UK staff to help improve motivation.The organisation’s first wellbeing week, held last January, achieved 84% take-up, but it aims to improve on that this time with a host of new activities.Its activities will begin on 15 January, ...
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Article
Enrich Reward opens portal to new pensions service
Consultancy Enrich Reward is entering the pensions market to deliver and manage pensions and benefits through one portal.Following a management buy-out of the reward side of Gissings Advisory Services in October 2007, Enrich was under contract not to enter the pensions market for two years.Its new pension service, launching this ...
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British Gas plans wellbeing events to target staff health issues
British Gas is to hold health and wellbeing events designed to address mental health and musculoskeletal problems, as well as a four-month walking challenge for its 28,000 staff.After discovering 60% of staff absences resulted from mental health and musculoskeletal issues (30% each), the company is to tackle these in two ...