All Employee Benefits articles in Web Issue – Page 334
-
Article
Employee Benefits Research - Free Access
Thank you for purchasing Employee Benefits ResearchTo get immediate access to your comprehensive strategic overview of the UK Employee Benefits sector - simply scroll down to the “Related Files” section of this page to download your report.Over the coming months Employee Benefits will be releasing a range of additional landmark ...
-
Article
Employee Benefits Research
Thank you for purchasing Employee Benefits ResearchTo get immediate access to your comprehensive strategic overview of the UK Employee Benefits sector - simply scroll down to the “Related Files” section of this page to download your report.Over the coming months Employee Benefits will be releasing a range of additional landmark ...
-
Article
Diageo agrees pension funding plan using whisky as assets
Drinks company Diageo has agreed a 10-year funding plan with the trustees of its defined benefit (DB) pension scheme, which includes a pension funding partnership that will hold maturing whisky spirit as assets.The structure is expected to generate an income to the scheme totaling £25 million each year over the ...
-
Article
Baby boomers face shortfall in retirement income
The baby boomer generation may experience a shortfall in retirement finances.Aviva as found that over half of 55s who currently earn between £20,000 and £30,000 a year have saved less than £30,000 for their retirement, which translates to an income of £165 per month.Clive Bolton, ‘at retirement’ director for Aviva ...
-
Article
Chinese army provides matchmaking services for soldiers
Keeping work their and personal lives separate is not necessarily the best option for single Chinese soldiers, who †rely on their employer to get them a date.China's People's Liberation Army is adapting its benefits package to help soldiers, many of whom are stationed in remote parts of the world, find ...
-
Article
BA enters into £1.3bn buy-in deal for defined benefit pension scheme
British Airways (BA) pension trustees have signed a buy-in deal with Rothesay Life for one of the airline's defined benefit (DB) schemes.The life insurer, a subsidiary of Goldman Sachs, will insure £1.3 billion of pension liabilities of the Airways Pension Scheme.The transaction is a buy-in deal under which trustees will ...
-
Article
Scott Wilson Group to close defined benefit scheme
The Scott Wilson Group is to close its defined benefit (DB) scheme to future accrual, replacing it with a defined contribution (DC) scheme.The organisation has completed a 60-day consultation with its scheme members and is now working with its scheme trustees to finalise the implementation arrangements with an effective target ...
-
Article
Buyer's guide to voluntary benefits (July 2010)
Key factsWhat are voluntary benefits packages?A package of products and services offered to workforces, that benefit from group discounts. They are cheap to run and the benefits are paid for by staff. They are commonly offered online by a third-party provider.Where can employers get more information?See more articles and news.Who ...
-
Article
Employee Benefits Awards 2010: Flexible benefits package is winning strategy for Kwik Fit
Kwik Fit Financial Services was awarded ‘Most effective benefits strategy for organisations with more than 1,000 staff’.By launching its flexible benefits package and introducing a number of on-site facilities, the team at Kwik Fit Financial Services has reduced absence levels and staff turnover, which is not an easy feat for ...
-
Article
Employee Benefits Awards 2010: Kent County Council reward chief is top benefits professional
Colin Miller, reward manager at Kent County Council, won ‘Compensation and benefits professional of the year’. This was not the only honour that went to the council at this year’s awards – it also won ‘Most effective benefits strategy in a public sector organisation’.Miller joined Kent County Council in 2002 ...
-
Article
Employee Benefits Awards 2010: Whitbread’s strong drive lands Grand Prix
Thanks to its strong performance in several categories this year, Whitbread was voted winner of the Grand Prix 2010.The hospitality firm won top honours for ‘Most effective motivation or incentive strategy’, ‘Communications strategy of the year for employers with more than 5,000 staff’, and ‘Most effective travel strategy for business ...
-
Article
Employee Benefits Awards 2010: Laughs and cheers for the winners
More than 600 benefits professionals gathered at the London Hilton, Park Lane on Friday 25 June to celebrate the best reward and benefits strategies among employers operating in the UK.Entertained by comedian Mark Watson of Never Mind the Buzzcocks and Mock the Week fame, guests were treated to an afternoon ...
-
Analysis
Group Risk Report 2011
Download a PDF of the Group risk supplementMarket is changingRising to meet the new challengesLimited-term group income protectionRoom for improvement in administrationSponsor’s comment: Time is right to take advantage of group risk benefitsThere has never been a better time to consider the benefits that group risk can bring to your ...
-
Article
Catlin adds bicycles and discounts to voluntary benefits
Catlin has introduced new voluntary benefits after a full market review and benchmarking exercise.To offer a package to better meet the needs of its 739 staff, the insurer and reinsurer has added a cycle-to-work scheme, an online retail discount scheme and negotiated discounts for health screening. It has also switched ...
-
Analysis
Group risk: Room for improvement in administration
If you read nothing else, read this . . .For years, the group risk industry has lagged behind other benefits sectors in the efficiency and accuracy of its administration systems.The Group Risk Development (Grid) service standards working party has adopted a declaration of service standards for all key areas of ...
-
Article
Airbus launches flexible benefits for management staff
Airbus has launched a flexible benefits scheme for its 1,000 management staff in a drive to be a competitive employer and to incentivise other employees to progress within the company.The aircraft manufacturer will see the final introduction phase completed by mid-July, when the Vebnet-provided flex scheme is fully processed through ...
-
Article
American Express appoints Breckon Jones
American Express has appointed Breckon Jones director of Healthy Living, the company’s global employee wellness programme, with responsibility for the Europe, Middle East and Africa (EMEA) region.Jones has joined the company from Unilever, where he held the role of employee health and wellness manager for the UK and Ireland since ...
-
Article
News analysis: The Osborne Budget effect
Pay, pensions and tax were among the topics of concern to employers and employees in the Chancellor’s emergency Budget. Nicola Sullivan reportsChancellor George Osborne’s emergency Budget took a tough stance on public sector pay and pensions, but offered some reprieve on the former Labour government’s plans to cut pensions tax ...
-
Article
Anne Teggart moves to Sapient
Sapient has appointed Anne Teggart as European compensation and benefits manager. Teggart will be responsible for all activities related to the firm’s compensation and benefits operations for Europe, co-ordinating programme implementation and administering a package that is responsive to employee needs.Teggart joined Sapient from Sony Pictures Entertainment, where she spent ...
-
Article
Anneke Heaton joins IPC Media
Anneke Heaton has been appointed reward and wellbeing manager at IPC Media. She will be responsible for the design and delivery of the organisation’s pay and benefits package, as well as managing its occupational health and wellbeing programme.Heaton joined the organisation from the BBC, where she spent 18 months as ...