All Employee Benefits articles in Web Issue – Page 333
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Article
Axa research: Financial worries prompt stress related absence
A high proportion of UK employees suffer physical and mental stress over financial worries, according to a new report from Axa.The Money sickness syndrome report found that as many as nine out of ten adults suffer symptoms arising from stress, one of the most common causes of workplace absence.The study ...
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Article
My Family Care forms alliance with US childcare provider
My Family Care and US-based Childrens’ Creative Learning Centers (CCLC) have united to offer childcare services on both sides of the Atlantic ocean.The alliance stems from an existing crossover between the two organisations. CCLC’s parent company Knowledge Universe also owns Busy Bees, the UK childcare provider. My Family Care and ...
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Article
McCarthy and Stone Group appoints new fleet supplier
McCarthy and Stone Group, the retirement property builder, has appointed Alphabet to supply vehicles and accident management for its 200 strong car fleet.As part of its health and safety compliance procedures, McCarthy and Stone will use Alphabet’s driver licence checking service for all drivers and authorised users of company vehicles.The ...
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Article
Cars remain powerful attraction and retention tool for multinational employers
Car benefits remain an important component of employee pay packages for multinational employers, according to a new study from Mercer.Its International Car Policies report found that prevalence of company cars, purchase price, annual allowance paid in lieu of a car or to subsidise car-related expenses, eligibility and frequency of additional ...
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Article
Heinz to bring in fuel cards and mileage tracking
Heinz UK and Ireland is to introduce fuel cards and a mileage tracking system for its 500 drivers inan effort to increase the accuracy of claims for fuel reimbursement.The food manufacturer is trialling the system and will roll it out to all drivers during the summer. The system is linked ...
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Article
Company cars drive rise in new car registrations
New car registrations were up 10.8% in June after an increase in company car sales boosted the UK car marketDespite fears that the industry would be hit by the end of the government's scrappage scheme, a a 25.3% rise in the fleet market helped to sustain growth and new car ...
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Analysis
User-chooser car schemes pay off
If you read nothing else, read this …User-chooser fleet arrangements are designed to ensure the most cost- and tax-efficient funding method is used for each employee.It is important for employer and employee to consider the whole-life costs of the arrangement to decide which route is best.Savings available through user-chooser fleet ...
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Article
Crest Nicholson introduces carbon-capping for company cars
Crest Nicholson has introduced a carbon-capping scheme across its entire fleet of 230 company cars.The housebuilding firm had previously implemented a maximum emissions cap of 195g/km across all its company-owned vehicles and has now combined this with an incentive scheme that aims to encourage and reward the use of low-emission ...
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Article
Mencap signs fleet contract with Leasedrive Velo
Mencap has signed a four-year contract with the Leasedrive Velo Group which will cover the management of 250 company vehicles.The learning disability charity will be covered for buying, selling, maintenance and accident management, as well as short-term vehicle rental.Steven Harrington, procurement manager at Mencap, said: "The flexibility of the online ...
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Article
Scope renews vehicle management contract with Leasedrive Velo
Disability charity Scope has renewed its vehicle management contract for a further three years with Leasedrive Velo Group.The new agreement will include contract provision for new vehicles and ongoing fleet management of 225 vehicles, as well as accident management services and short-term vehicle rentals.Roddy Graham, commercial director, Leasedrive Velo, said: ...
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Article
Financial education needed earlier
Some 84% of employers provide financial education, access to financial advice, or both, to support staff when they reach retirement, but just 38% offer education on more general topics.However, Wealth at Work’s report Is the financial wellbeing of your employees important? shows 76% of employers think this is likely to ...
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Article
Employers welcome flexible working legislation
Over half of employers (55%) welcome the government's plans to introduce legislation requiring them to offer flexible working to all employees, according to research from recruitment firms Hays.The survey found that 70% of employers expect an increase in requests for flexible working and 40% are preparing for a resulting impact ...
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Article
Jaama offers free trial of fleet management software
Jaama is offering a free three-month trial of its new fleet management software specially designed for businesses running small fleets.The fleet management software provider launched its web-based fleet system to assist employers in coordinating and managing fleet data while reducing operating costs.FleetAssistant also targets managing the duty of care for ...
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Article
Mitie Group revamps fleet management
Mitie Group has revamped its fleet management provision as part of efforts to reduce the costs associated with its 6,000-strong fleet.As part of its new contract with Zenith Provecta the property and asset management firm will also take advantage of a maintenance service for 3,000 vehicles, accident management and daily ...
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Article
Jaama launches new version of online fleet information portal
Jaama has launched a new version of its electronic driver services (EDS) module that allows employees who drive their own vehicles on business to record documentation online.EDS is a risk management tool and a driver information portal within the fleet software organisation’s Key2 Vehicle Management system.Drivers have always been able ...
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Analysis
Group risk: Limited-term group income protection
If you read nothing else, read this . . .Limited-term income protection policies are a cheaper alternative to traditional products that pay through to retirement by offering a set payment period, such as two, three or five years.Premiums for limited-term products are, on average, 40-45% less for a plan that ...
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Article
COA Solutions launches self-service HR system
COA Solutions has launched a new HR self-service system which enables authorised managers and employees to access and update details such as holiday dates, sick leave and training information.Employee metrics are available to all self-service users in real-time, allowing organisations to measure and manage their workforces, while enhancing employee engagement. ...
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Article
Projectlink Motivation revamps its website
Projectlink Motivation has revamped its website with new features to assist businesses in their reward and recognition and employee benefit strategies.Added features include: a range of reports with industry facts and figures; new product brochures detailing Projectlink’s reward and benefits offerings. Quick polls to gain further insight into the issues ...
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Article
Median pay rises set to remain below inflation for four years
Median pay rises are likely to remain below inflation during the next four years, according to research conducted by the Hay Group.The consultancy forecasts that median salary growth will reach just 2.4% this year. According to the Retail Price Index (RPI) inflation will rise to 5.3%, meaning that pay is ...
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Article
Employees intend to work beyond state retirement age
More than 68% of UK adults intend to work beyond their current standard retirement age, and one in ten believe they will not ever stop working, according to research from Aviva.The Real Retirement Report (May 2010) found that UK workers' attitudes to retirement have shifted somewhat from when the research ...