All Employee Benefits articles in Web Issue – Page 319
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Biscuits more likely to survive cost cutting than pensions
The pulling power of the humble biscuit has not gone unnoticed by cost-conscious employers who are more likely to cut pension contributions than the snack.Research commissioned by Abbey Legal Protection has shown organisations are more likely to preserve their client biscuit budget than core benefits and even staff themselves.Its Protection ...
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Hammerson outsources executive share plans
Property company Hammerson has outsourced the administration of its executive share plans.Previously, the company’s managed its share plans in-house, but the move was made in early 2010 to outsource these to Killik Employee Services, which will provide share plan administration, share dealing services and an employee web portal.A spokesperson for ...
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IMG Europe adds to international healthcare product
IMG Europe, the European subsidiary of International Medical Group (IMG), has made changes to its international healthcare product.The product, GlobalSelect International Healthcare Cover, is designed for organisations to offer to expatriate employees and local nationals.Changes include: the addition of sight and hearing tests as well as vaccinations to the annual ...
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Bupa enhances international health offerings
Bupa International has enhanced its health insurance cover for organisations with globally mobile employees.The cover is now divided into four levels of cover – Essential, Classic, Gold and the new Gold Superior. The Gold Superior includes a range of dental benefit options and additional optical cover, offers full refunds for ...
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Financial worries force employees to put health at risk
The majority of UK employees (78%) would be prepared to jeopardise their health by returning to work from long-term sickness absence before they are fully fit, according to a report from Aviva UK Health.The study revealed that money worries and job security are major factors in people rushing back to ...
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ALC Health offers access to network of healthcare professionals
International private medical and travel insurance provider ALC Health has partnered with global health and safety services company HTH Worldwide to offer its customers access to a network of contracted doctors and hospitals in more than 175 countries worldwide.Available to employees through their employers’ private medical insurance, users will be ...
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National Friendly launches cash plan
Health insurer National Friendly has launched cash plan which provides an annual sum of money that policyholders can spend on a range of healthcare treatments.The plan One Fund provides provides cover for dental, optical, physiotherapy, osteopathy, chiropractic, acupuncture, and homeopathy, specialist consultations, health screening and counselling. A consultation scan and ...
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Workplace Options offers tips for workplace strategies during the World Cup
Employee benefits provider Workplace Options is offering upon-request packets to both employers and employees containing tips and information for enjoying next month’s World Cup while still maintaining an effective and efficient workplace.The tips include: reiterating company policy on time away from work, and encouraging employees who are able to take ...
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Oscar Mayer UK expands mobile optical service offering
Oscar Mayer UK’s new mobile optical service will be expanded to its Somerset and North Wales locations after its initial offering saw a take-up of more than 200 employees at its Ferndale Foods site in Kent last month.Ken Martin, group benefits manager at the food manufacturer, said: “The response has ...
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Pensions trustees and employers have different attitudes towards risk
Pension trustees and employers have differing attitudes when it comes to managing risk, according to research from MetLife Assurance.While the employers are interested in looking at risk associated with liability and business, trustees ascribe more importance to investment-related risks.The study of 80 pension scheme sponsors and trustees showed that 29% ...
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John Lewis celebrates 10 years of community giving
The John Lewis Partnership has donated 181,000 hours of staff (known as 'partners' within the firm) time to charities over the past decade through secondments.To mark the 10th anniversary of its community giving programme, the Golden Jubilee Trust, the retailer is financing ten additional partner secondments at a cost of ...
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E.On relaunches flexible benefits
More than a third of staff at energy company E.On have made chosen options from the organisation’s relaunched flex programme - a more than 7% rise on the same time last year.The energy firm’s latest flex scheme went live on 1 April following a three-week enrolment period from 17 February ...
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Strait Logics rolls out online HR product
Strait Logics has launched an online product called HR Pad, a self-service personnel administration service that provides a web communications portal for employers and their staff.The product is designed to be offered through an organisation’s corporate intranet, so that employers can refresh the data at anytime, measure traffic going through ...
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PPF research: Pension schemes fall back into deficit
The deficit of the UK’s largest defined benefit (DB) pension schemes worsened in April 2010 after being in surplus in the previous month, according to research from the Pension Protection Fund (PPF).The aggregate funding (total assets minus total liabilities) of almost 7,400 DB schemes has swung from a surplus of ...
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Axa PPP healthcare launches medical insurance plan for larger employers
Insurer Axa PPP healthcare has introduced a new, lower cost medical insurance plan for larger sized employers.Based on the insurer's Corporate Health Plan – Axa PPP’s most popular plan for larger sized employers – Corporate Health Plan Pathways offers the same levels of cover but operated a different referral process.If ...
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Employers should prepare to de-risk pensions now to avoid future price hikes
Employers which are looking to de-risk pension schemes need to prepare now to avoid rising prices caused by a bottleneck in insurers’ capacity, according to Lane Clark & Peacock (LCP).In a new report the firm of consulting actuaries said that demand for buy-ins and longevity swaps has the potential to ...
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Kyocera Mita appoints Cartlidge Morland to advise on pensions
The documents solutions firm Kyocera Mita UK has appointed Cartlidge Morland as consultant to the company’s UK group personal pension scheme.Cartlidge Morland will also provide advice on the death-in-service and income protection schemes, as well as on-going independent financial advice for all employees.Employees’ pension funds will be regularly reviewed, and ...
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Capital Incentives & Motivation launches new ethical incentives and rewards solution
Capital Incentives & Motivation, a specialist division of Accor Services, has launched an ethical incentive and reward product in partnership with Green Rewards.This eco-incentive programme, Compliments Green, uses e-vouchers and an online account. It operates with a points-based system; once employees have accrued enough points they choose an environmentally friendly ...
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Health & Wellbeing Conference 2010: Shaping The Future of Health & Wellness at Work (13 May 2010)
Sponsoring Event Partners:Click here to download your employer booking form Click here to download your adviser booking form Shaping The Future of Health & Wellness at WorkThe Health & Wellness At Work Conference 13th May 2010 Thistle Hotel, Marble Arch, LondonAn Event from Employee Benefits and Corporate Adviser for employers ...
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Research: Music in the workplace boosts staff morale
Research this week showed that playing music in the workplace is a cost efficient way to improve staff morale.A survey of 1,200 workers conducted by the MusicWorks campaign, which aims to encourage businesses to play more music, found that 71% of employees wanted music played in the workplace. It also ...