All Employee Benefits articles in Web Issue – Page 310
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FirstGroup streamlines travel perks
FirstGroup has relaunched travel benefits for its 38,000 staff in a bid to cut down on paperwork.Employees can now buy tickets for travel on FirstGroup bus and train routes either online or by phone using an interactive voice response system. Tickets priced at £5 can be bought for any journey, ...
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Quintiles to pilot on-site health screening
Quintiles is to pilot on-site company-funded health screening for 700 staff at its UK head office from May, with the aim of rolling it out to all employees by the third quarter of this year.Health screening is already available for the pharmaceutical firm's executives, but its Bracknell head office will ...
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NAPF sets out proposals for new pension system
The National Association of Pension Funds (NAPF) has issued a blueprint for the UK pension system that builds on the government’s 2012 pension reforms, such as mandatory employer contributions and the national employment savings trust (Nest).Its proposals include: Revitalising workplace pensions by developing new pension designs to help employers ...
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Maintain Staff Loyalty With a Healthcare Trust
The recession has brought increasing focus on the costs of employee benefits, with many organisations looking closely at whether Private Medical Insurance can continue to be provided as an employee benefit due to spiralling costs. More and more FD’s are asking their HR Directors to find lower cost options – ...
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Serco switches employee assistance programme provider
Serco has switched employee assistance programme (EAP) providers from PPC to Unum Ceridian for its new local government and commercial division, which covers 14,000 employees.Following a recent reorganisation that brought three parts of its business into the new division, the service and outsourcing company wanted to focus in on the ...
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RBS backdates benefits to boost staff pay
Royal Bank of Scotland (RBS) has given thousands of its middle-ranking management bonuses equivalent to 5% of their salary, backdating an increase in benefits to January 2009.The backdated addition, which is understood to have been included as a cash payment in this month’s salary, are typically used by staff to ...
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Arena Housing Group rolls out online health assessments
Arena Housing Group has launched an online health assessment programme for its 775 employees.The online programme, provided by FirstAssist, was launched in February 2010. Covering work life, home life, emotional and physical wellbeing, the programme complements Arena Housing’s intranet site, HR World, which was launched in October 2009. The site’s ...
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Oscar Mayer launches mobile optical service
Oscar Mayer UK has rolled out a new mobile optical service through Eyecare International, which will allow the 470 employees at its Ferndale Foods location to access free eye tests and a pair of free frames.The launch complements the existing weekly mobile services for chiropody treatments currently on offer at ...
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Barclays responds to claims they raided employees’ pensions
A report in the Daily Telegraph on 29 March accused Barclays of raiding the pension benefits of 17,000 staff members to offset the bonus tax for its high-earning investment bankers.Details unearthed by the Telegraph from the annual accounts show that the bank made a £371m profit last year from closing ...
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Article
Research: Employees move on as pay freezes are lifted
Even though a quarter (24%) of employers who implemented pay freezes during the recession have now lifted them, 41% of office workers surveyed expect to move jobs over the next twelve months, according to a study from international recruiters Badenoch & Clark.The study, which polled more than a thousand office ...
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Multiplex expands its corporate healthcare offering
Multiplex Healthtrust Management Services has added a range of new services to its corporate health trust product, Healthtrust.The services include: on-site health screening on the employer’s premises with four options available; call a doctor service, where scheme members can call from anywhere in the world for consultation with a general ...
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Article
Tesco promotes online health checks
Tesco is to promote free online health checks to staff over the next three months, with a particular focus on middle-aged employees.The retail giant will add a link to the NHS MidLife Check to its benefits website, giving staff the chance assess their health and be given tips on how ...
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Article
Amor Group and Haldanes select new benefits provider
Amor Group, the business technology company, and Haldanes stores, the retailer and supermarket chain will be using Kudos Financial Services’ employee benefits division to provide a range of advice, administration and internal communications.While the Amor Group contract is unspecified, the Haldanes contract will continue for two years.Jim Tennent, Kudos’ managing ...
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Liverpool Vision introduces healthcare cash plan
Liverpool’s economic development company, Liverpool Vision, has introduced a healthcare cash plan for the first time. Through the cash plan, which is provided by Medicash, Liverpool Vision’s 50 employees will have access to a range of benefits, including: on-site screening, discounted gym memberships, and the Best Doctors service that allows ...
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Aviva UK Health expands free cover limit on group life policies
Aviva UK Health is to increase its maximum free cover limit on its group life policy from £1.75 million to £1.8 million.The change, which will effect approximately 3,000 people, applies to all new and existing Aviva group life schemes that are started or renewed on or after 1 April 2010.Steve ...
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Staff absence due to travel disruptions costs UK businesses £3m a day
Staff absence due to ongoing travel disruptions caused by the volcanic ash cloud is costing British businesses an estimated £3 million a day.According to absence management firm FirstCare, absence caused by transport problems jumped to 20,300 cases yesterday (Monday), compared to just short of 3,000 on a normal day.Aaron Ross, ...
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Subsea 7 launches salary sacrifice car scheme
Subsea 7, a sub-sea engineering and construction company, has launched a salary sacrifice car scheme as part of its flexible benefits package to around 1,800 employees throughout the UK.Subsea 7 offers a flexible benefits package to all staff which already included salary sacrifice options for both pension and childcare vouchers.Senior ...
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Employers against new paternity rules
More than 80% of employers are concerned that the new additional paternity leave (APL) rules will negatively impact their companies, according to a survey by international law firm Davies Arnold Cooper.However, the survey also found that most employers (74%) believed less than a quarter of eligible employees would take advantage ...
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Alliance Medical signs fleet management contract
Alliance Medical has outsourced the management of its 300 company cars to Zenith Provecta.Zenith Provecta will provide servicing, maintenance, accident and risk management to the independent diagnostic imaging company. The firm's employees will also have access to an account manager who will look after their fleet management needs from one ...
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Almost half of employers do not understand VAT car costs
Almost half of UK firms do not have a firm grasp of VAT-related company car costs.One in five financial decision makers admit to not knowing how much extra VAT they have incurred since the 17.5% rate was reintroduced in January, while 23% claim the higher rate has generated no extra ...