All Employee Benefits articles in Web Issue – Page 322
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Mears Group appoints Quantum Advisory for pension services
Mears Group has appointed Quantum Advisory to provide administration, actuarial and investment services for its myriad pension arrangements.The social housing repairs and maintenance firm entered into the deal as part of efforts to make cost savings in the uncertain economic climate.Quantum Advisory was appointed in 2009 to provide services to ...
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Panasonic staff rate healthcare trust with 90% approval
More than 90% of Panasonic employees rated its healthcare trust as either excellent or good.Panasonic, which chose to move away from its private medical insurance (PMI) scheme in January 2009 in order to take advantage of a healthcare trust, appointed Healix to cover almost 1,300 staff and dependants across six ...
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Final salary pensions pose second biggest risk to employers
Final salary pensions have risen to second place in the list of corporate risks, ranking only behind the market environment. According to Aon Consulting’s latest Employer Survey, 41% of respondents said pensions were a key business risk compared to a quarter in 2008 when the study was last conducted.However, just ...
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Three-quarters of defined benefit pension schemes closed to new entrants
More than 75% of defined benefit (DB) pension schemes have been closed to new entrants, according to Capita Hartshead's annual Pension Scheme Administration Survey.This figure is up from 71% in 2009.The survey, which covers 414 UK workplace pension schemes run by 280 organisations, also found half of respondents (51%) are ...
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BT faces strike over pay
BT is on the brink of the first national strike staged by workers since 1987 after discontent over this year's pay deal.Almost 60,000 BT staff, represented by the Communication Workers Union (CWU), have voted unanimously to hold a strike ballot after being offered a 2% pay rise.The offer, which CWU ...
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One-fifth of UK workers cannot afford pension deductions
One in five (18%) UK workers say they do not have a pension because they cannot afford to make savings, according to a survey from Aon Consulting.The research is part of the Aon Consulting European Employee Benefits Benchmark, a survey of more than 7,500 workers from 10 of the leading ...
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Article
Landscaping firm grows veggies for employees
In these tough economic times the growth of reward and benefits packages is not something witnessed by many employees.This is not the case for staff at landscaping US firm Lawnman, whose benefits literally sprout out from the ground.Burnie Lenau a landscaping executive at the firm has created a 1,000-square-foot garden ...
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Capital Incentives and Motivation launches staff incentive programme
Capital Incentives and Motivation has launched a new reward programme called Compliments Experiences, which offers more than 500 memorable activities as incentive rewards for staff.Recipients receive a reward package and gift card with a pre-loaded financial value which can be redeemed online at the Compliments Experiences website. Then they can ...
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Ifs Proshare research: Increase in employees saving through share ownership
There has been a significant increase in the number of employees contributing to share ownership schemes, according to the ifs ProShare annual survey.The survey found that the vast majority of the approximately two million employees currently participating in some form of employee share scheme do so via a share incentive ...
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Article
Esure appoints Capita to provide payroll administration
Esure has signed a three-year deal with Capita HR Solutions to provide payroll administration services.The insurance company’s 1,500 UK employees will get a managed payroll service on the integrated ‘Ingenuity’ platform, and monthly employee and third party BACS process to make employee payments.Esure’s HR staff will also be able to ...
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Cripps Harries Hall adds flexible benefits scheme
Cripps Harries Hall has launched a new flexible benefits scheme with Heath Lambert Consulting (HLC).The law firm introduced online total reward statements and a voluntary benefits scheme in early 2010. The flexible benefits scheme has been added to allow the 280 employees to tailor their benefits to their individual needs.Jim ...
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Canada Life adds deferred retirement insurance to group risk products
Canada Life Group Insurance has introduced deferred retirement to both its group life and group income protection insurance, simplifying the requirements for organisations whose employees wish to continue working beyond their expected normal retirement age.The changes come in light of the government’s current review of the default retirement age.Canada Life ...
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Buyer's guide to payroll software (June 2010)
Payroll software can perform various tasks as well as ensuring staff are paid the right amount on the right day, and employers must choose their system carefully, says Tynan BartonPayroll software systems are designed to ensure employees are paid the correct amount, on time, for the work they have done ...
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Employee Benefits/HSF Health Plan Healthcare Research 2010
Download a PDF of the Employee Benefits/HSF Health Plan Healthcare Research 2010Research: who are the respondents; key findingsResearch: attitudes to employee health and wellbeingResearch: which employee healthcare benefits are on offerResearch: international healthcare benefitsResearch: impact of health and wellbeing benefits on sickness absenceResearch: strategies to deal with employee stressResearch: employee ...
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Healthcare Research 2010: Employee healthcare costs and calculating return on investment
Employers are keen to get value for money from healthcare benefits, but more than one-third do not know how much they spend on these perks, says Nicola SullivanCost is still a top priority for employers when it comes to healthcare benefits and most organisations opt to use an intermediary or ...
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Healthcare Research 2010: Strategies to deal with employee stress
The economic climate has receded as a reason for employers to implement a stress-management strategy and most still do not have one in place, says Nicola SullivanDespite the pressures piled on staff last year, there has not been a significant rise in the proportion of employers actively tackling stress. More ...
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Healthcare Research 2010: International healthcare benefits
Private medical insurance is the top benefit offered to expatriate employees, but few employers use multinational pooling arrangements, says Jennifer PatersonJust over one-third of respondents have operations or divisions outside the UK, so many of them will be managing benefits for both expatriates and local staff in various countries.Benefits commonly ...
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Healthcare Research 2010: Package - which employee healthcare benefits are on offer
Wellbeing initiatives such as workstation health audits and EAPs are still the top two core benefits, while perks for dependants prove popular, says Jennifer PatersonThe most commonly-offered core healthcare benefits have changed little over time. In recent years, however, the proportion of employers that provide these as core has increased, ...
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Healthcare Research 2010: Attitudes to employee health and wellbeing
A growing number of employers feel they have a role to play in promoting employee wellness, and there are good business reasons for doing so, says Nicola SullivanThe introduction of Dame Carol Black's system of fit notes and fit-for-work services is likely to shake up or prompt a review of ...
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Healthcare Research 2010: Key findings and respondents
Our survey was carried out in April 2010, with analysis based on 642 responses from Employee Benefits readers and users of www.employeebenefits.co.ukKEY FINDINGS36% of employers have no idea how much is spent on healthcare benefits, compared with 28% in 2009.64% cite improving the health and wellbeing of staff as their ...