All Employee Benefits articles in Web Issue – Page 302
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Article
Back-up childcare positively affects employees’ productivity
Back-up childcare enhances job performance and reduces absenteeism, according to research conducted by Bright Horizons Family Solutions.The report, titled The Lasting Impact of Employer-Sponsored Back-Up Child Care, surveyed the employees of 14 organisations to ascertain the impact back-up childcare has on staff work focus and job satisfactionFindings included:93% said back-up ...
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Article
Toyota recall affects company cars
Fleet providers are bracing themselves for a recall of some Toyota models amid concerns that almost 200,000 cars in the UK may have sticking brake pedals.But providers claim that disruption to customers will be minimal, with drivers able to have their cars back on the road “the same day” in ...
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Article
Comet launches new affinity company car scheme
Comet Group has launched a new affinity car scheme to boost its benefits offering and support management of its grey fleet.The scheme, introduced by the electrical retailer last month, is open to all 10,000 staff and managers across the retail, home delivery, services and corporate areas.The arrangement is aimed at ...
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Analysis
Financial education: Be sure to hit your target audience among employees
Making financial education relevant to each employee that receives it is the key to maximising staff awareness and take-up of benefits, says Peta HodgeFinancial illiteracy fuelled the demand for sub-prime mortgage products, led to high personal debts and, ultimately, contributed to the collapse of financial institutions across the world.That was ...
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Analysis
Financial education: Interview with Andrew Pendleton of York University
Financial education may not boost benefits take-up, but it can improve employees’ work performance, says York University’s Andrew Pendleton. Jenny Keefe reportsBritain might have finally staggered out of recession, but employees still need to repair the damage it has caused to their bank accounts. Andrew Pendleton, professor of human resource ...
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Article
Dairy Crest appoints Lex Autolease as sole fleet supplier
Dairy Crest has appointed Lex Autolease as its sole fleet supplier in a three-year £35m deal.†Through the deal, the chilled dairy foods company will be supplied with a minimum total of 1,500 vehicles, including a 500-strong car fleet made up of Audis, BMWs, Hondas and Volkswagens.The new vehicles will be ...
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Article
Employers do not meet green intentions around cars
Although 60% of fleet managers believe reducing the environmental impact of their company cars is very important, only 27% actually have policies in place to do something about it, according to new research from the Energy Saving Trust.The research, which includes information from 331 companies in England and Wales, provides ...
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Analysis
Offering employee benefits to families of staff boosts employee engagement
Benefits for employees’ dependants are under pressure, but their contribution to staff engagement is clear, says Sam BarrettExtending benefits to family members has a long tradition, going back to the days when the likes of Cadbury provided employees and their families with housing, education, healthcare and sports facilities. Today, although ...
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Analysis
Financial education: How to build a business case
Improved staff retention and productivity are among the reasons for providing financial education, says Liz MorrellMost employers offer a range of benefits to help staff make the most of their money, but few do enough to ensure employees get the best value from what is on offer, assuming they will ...
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Article
Buyer's guide to private medical insurance (PMI) for expatriates
Private medical insurance for employees working abroad is likely to cost more and should be tailored to the requirements of each particular country, says Sally HamiltonPrivate medical insurance (PMI) for expatriate employees typically provides cover for repatriation, evacuation and pregnancy care, as well as chronic and pre-existing health conditions and ...
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Article
Ultra Electronics selects Tusker for car scheme
Defence, security, transport and energy electronics group, Ultra Electronics, has chosen Tusker to provide a salary sacrifice car scheme as part of its UltraSelect flexible benefits package available to about 1,800 employees throughout the UK.Ultra Electronics, which employs about 4,000 employees worldwide across 24 businesses and is based at Greenford, ...
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Article
Northumbrian Water introduces salary sacrifice car scheme
Northumbrian Water has introduced a contract hire scheme and salary sacrifice arrangement for its company cars.The water and waste company, which has a fleet of 350 company cars, previously operated an employee car ownership scheme.Its salary sacrifice scheme forms part of the company's flexible benefits plan, which is available to ...
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Analysis
Fuel cards are a winner for company car fleets
If you read nothing else, read this….Fuel cards are effective for capturing employee mileage and fuel consumption data more accuratelyFuel cards can simplify administration and the burden on payroll processesFuel cards are often confused with offering staff free fuelThe tax advantages of offering free fuel for private use have been ...
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Article
Employees have 'limited choice' when it comes to company cars, says survey
Employees have a limited choice when it comes to choosing their company cars, according to the latest Company car trends survey from GE Capital’s fleet services business.The survey states that more than 72% of fleets now offer only a single or limited range of models to their employees. This is ...
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Article
One in four finance directors intend to offload company cars
One in four finance directors intend to offload company-owned vehicles in a bid to raise more cash.This is according to a survey carried out for Lex Autolease by YouGov following an annual audit by the firm, which highlights the growth funds being raised through sale and leaseback agreements.The Lex Autolease/YouGov ...
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Analysis
Financial education: Likely effects of the retail distribution review
The retail distribution review planned by the Financial Services Authority could have major repercussions for financial education, says Georgina FullerThe days of benefits consultants and advisers having commission remunerated by pensions providers will come to an end if the Financial Services Authority's proposals for the retail distribution review (RDR) are ...
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Article
Killik Employee Services launches financial education website
Killik Employee Services (KES) has launched a workplace financial education website called Money in Mind. This enables employers to provide their workforce with straightforward information, tools and an online virtual advisor to improve their personal financial capabilities.Peter Leach, director of Killik Employee Services, said: “Money in Mind is the one-stop ...
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Article
Employee Benefits presents Health & Wellbeing Conference 2010
Employee Benefits has teamed up with sister magazine Corporate Adviser, the leading journal for benefits advisers and consultants, to deliver expertise from all stakeholders in the health and wellness sector on 13 May.Speakers include Sue Connelly, global health and wellbeing manager at AstraZeneca, and Steve Boorman, director of corporate responsibility ...
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Article
Employee Pensions Summit 2010
Top pensions experts will be speaking at the Employee Benefits Pensions Summit on 13-14 April. They include James Churcher, pensions manager at the Telegraph Media Group; Dermot Courtier, head of group pensions at Kingfisher; and John Chilman, group pensions director at First Group.Key sponsors will run in-depth workshops, enabling delegates ...
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Article
Employee Benefits Summit 2010: the race is on for Monte Carlo
The fifth annual Employee Benefits Summit will take place in Monte Carlo on 9-11 June.This is the premier thought leadership and networking event for senior reward and benefits professionals.Delegates take part in a range of small workshops and attend conference sessions featuring high-profile speakers.Attendance is free for senior compensation and ...