All Employee Benefits articles in Web Issue – Page 327
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Inchcape Fleet Solutions’ staff raise money for charity
More than 160 staff and directors at Inchcape Fleet Solutions spent a day fundraising on 28 May, donating more than £2,000 to registered charity Guide Dogs.The vehicle leasing and fleet management organisation manages the charity’s 520-strong fleet and donates a percentage of its annual management fee back to Guide Dogs.The ...
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Red Letter Days launches corporate events website
Red Letter Days has launched a website offering organisations a range of corporate events, that can be used as a way of rewarding, developing, engaging and entertaining staff.The events are divided into categories such as team building, activity days, incentives, and hospitality and mobile events.Heather Rogers, director of sales at ...
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UK take-home pay continues to decline
The average UK household has seen levels of discretionary income diminish during 2010, according to the VocaLink Take Home Pay Index.The index is at its lowest level ever recorded since its introduction in 2004, at just 0.5%. It has hovered below 2% for the past year and below 1% since ...
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Tesco staff to split £105 million share bonus pot
More than 216,000 Tesco staff, from checkout operators to drivers and managers will share a £105 million share bonus pot.The retailer announced the share awards after reporting profits of £3.5 billion for the last year.In addition, the 75,500 employees who have held shares in Tesco's 'Shares in success' scheme since ...
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Rise in public sector pay freezes
Pay freezes in the public sector have increased despite a decline in the overall number of freezes across all sectors.The latest research on pay settlements from Income Data Services (IDS) found pay freezes have dropped to the lowest level since January 2009, now accounting for less than a fifth of ...
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Robots to fill in for absent staff
A 5ft robot that can fill in for an absent worker in the office sounds like the ultimate employee benefit for staff wishing to be elsewhere.The QB robot, which has been developed by US firm Antybots and is due to go on sale this autumn, can be operated by an ...
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Confessions of a benefits manager: Revenge on the cards
A department scorecard system inviting staff feedback on HR services reopens an old wound, but Candid may have the answerThere is a new irritation in corporate HR called Peter. In the US, they have already started calling him the Hall Monitor because he walks round the corridors checking who has ...
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Royal Bank of Canada staff raise money for Great Ormond Street Hospital
Staff from the Royal Bank of Canada (RBC) have taken part in a five-kilometre fun run in support of Great Ormond Street Hospital.More than 350 of the bank’s employees, friends and families took part in the RBC sponsored Race for the Kids in Battersea Park, London, on 6 June.In total, ...
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Magnolia appoints HamishWilson as pension scheme actuary
Magnolia has appointed HamishWilson as actuary to its group pension plan.The pensions advisor will be acting for Pension Professionals, the trustees to the £1.6 million scheme.Christine Brightwell, trustee at Pension Professionals, said: “We have worked with the team at HamishWilson before and know that they bring a high level of ...
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London underground workers vote to strike over pay
London Underground maintenance workers have voted to strike in a dispute over pay and conditions.The Rail Maritime and Transport (RMT) union said more than 90% of its members, employed by Tube Lines, have voted for strike action.The unrest follows an announcement by Transport for London (TFL) that it will be ...
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Heinz consolidates pension scheme management under single provider
Heinz has consolidated management of its five pension schemes under a single provider.It has appointed Capita Hartshead as sole provider of administration, secretarial, treasury and finance services for the food giant’s pension scheme. This makes the firm responsible for the pension benefits of some 12,000 scheme members.Prior to the appointment, ...
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Employee sickness absence levels fall
Employees took 180 million sick days last year, averaging 6.4 days each, according to the Confederation of British Industry (CBI)/Pfizer Absence and Workplace Health Survey.The rate of absence is the lowest since the survey began in 1987.The research, which surveyed senior HR staff from 241 public and private sector organisations, ...
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Debi O'Donovan, editor of Employee Benefits: Will the government play fair on shares?
With the new Conservative/Liberal Democrat coalition government now installed in Westminster, we await its first Budget on 22 June with some anticipation. On the benefits front, it would appear it will be mostly business as before (see News analysis).We have known for some time that the political parties are broadly ...
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Employers face higher costs for providing group risk benefits
Employers could face higher costs for providing life, critical illness and income protection insurance as benefits for staff, according to new research from Aon Consulting.Its annual survey of group risk insurers and reinsurers found that although the cost of providing group risk benefits was cheaper in 2009 than 2008, underwriters ...
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B&CE Benefit Schemes adds to healthcare offering
B&CE Benefit Schemes has teamed up with Westfield Health to add cognitive behavioural therapy and related services to its employee healthcare plan.The B&CE Employee Healthcare Plan is tailored to staff members from organisations in the construction sector as well as their dependants.The plan covers employees’ everyday healthcare costs and includes ...
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Accor Services, Capital Incentives and Motivano merge
Accor Services, Capital Incentives and Motivano are coming together as a single organisation called Edenred from 1 July 2010.Accor Services, which acquired Capital Incentives in 2004 and a majority share in Motivano in 2007, is de-merging from the Accor Hotels hospitality group.Edenred will have a presence in 40 countries, serving ...
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Britax Childcare appoints Heath Lambert to administer final salary pensions
Britax Childcare Group has appointed Heath Lambert Consulting to administer two more of its final salary schemes.The global child car seat and pushchair specialist has had one scheme administered by Heath Lambert Consulting for the past year.Stephanie Barter, chair of trustees at Britax Childcare Group, said: “We have worked with ...
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John Lewis' wellbeing scheme on track to achieve goals
One of John Lewis Partnership’s health and wellbeing programmes is on track to achieve its aims.Nineteen months after the retailer implemented its ‘Partners in Sport’ scheme, almost 10,000 partners (employees) have been involved in one or more aspects of the programme. The organisation has also invested more than £1 million ...
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BNP Paribas Real Estate increases pensions take up through flexible benefits
BNP Paribas Real Estate has seen the proportion of employees taking up its defined contribution (DC) pension scheme increase by more than half following the launch of a flexible benefits scheme.Between 40% and 50% of its workforce has made benefits selections through the flex scheme, which is called Spectrum and ...
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Skype to roll out new HR platform
Skype is to roll out a new self-service HR platform for its 800-plus UK employees on 1 September.Since Skype split from eBay in November 2009, it has been actively looking to replace its finance and HR systems.Its new Workday system, which is hosted from the United States, provides HR software, ...