All Employee Benefits articles in Web Issue – Page 347
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Article
Kingsley Napley puts flexible benefits online
Law firm Kingsley Napley has launched online total reward statements and moved from a paper-based flexible benefits scheme to an online flex portal for its 200 staff.Rosemary Hull, HR officer at the firm, said it had decided to outsource the scheme to a third party because management of the plan ...
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Article
Bluefin to launch flexible benefits product for SMEs
Bluefin is to launch an off-the-shelf flexible benefits product aimed at small and medium businesses.The Blueprint product, which is designed for employers with 300 or less employees, will cost less than a bespoke flexible benefits scheme due to its pre-packaged nature.It works on a pre-built website and includes a predetermined ...
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Article
Glenn Elliott: Are voluntary benefits just a conduit for selling products?
Voluntary benefits are the most effective weapon in an employer’s benefits armoury. Everyone needs to shop and everyone wants to make their tax-diminished disposable income go further.Employee discounts, childcare vouchers and cycle-to-work schemes save money for employees at all levels, which no other benefit does. Return on investment on voluntary ...
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Analysis
Flexible benefits: Interview with Stephen Bevan of The Work Foundation
Flex is here to stay, but must remain relevant to employers’ and employees’ needs, The Work Foundation’s managing director Stephen Bevan tells Nicola SullivanIn 20 years’ time, flexible benefits schemes will still be a key feature of the HR landscape, says Stephen Bevan, managing director of The Work Foundation.As part ...
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Analysis
Flexible benefits: Scheme structure can be made to measure
If you read nothing else, read this …The most popular way to structure a flexible benefits scheme is to enable staff to trade benefits up or down depending on the level of cover required. This is offered by 31% of employers, according to the Employee Benefits/Towers Watson Flexible Benefits Research ...
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Analysis
Flexible benefits: Corporate wraps
If you read nothing else, read this . . .Corporate wraps give employees greater flexibility around investment and pension products, allowing them to switch between tax wrappers as their needs change.The financial education within a corporate wrap is regarded as one of its key strengths, empowering employees and engaging them ...
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Analysis
Flexible benefits: Benefits take-up boosted by flex
If you read nothing else, read this . . .When a standalone benefit is subsequently incorporated into flex, take-up usually goes up.Even if the employer makes no real effort to improve participation, having all the benefits in one place and annual communication around renewal is enough to have a positive ...
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Analysis
Flexible benefits: Linking flex with incentive schemes
If you read nothing else, read this …Some employers are linking performance incentives with flexible benefits schemes.This enables them to reward employees with additional points or funds to spend through flex for good performance or hitting targets.Employers can also use such schemes to reward staff at particular times of the ...
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Analysis
Flexible benefits: Profile - BG Group
Oil and gas company BG Group has a far-flung workforce, which presented challenges when implementing a flex scheme, says Tynan BartonImplementing a flexible benefits scheme takes time, money, effort and huge commitment from everyone involved, but it will pay dividends in improving staff retention and engagement.BG Group is a great ...
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Analysis
Flexible benefits: Will flex scheme be a good fit?
If you read nothing else, read this …Employers can identify whether a flexible benefits scheme will be right for their organisation by assessing its financial feasibility and determining whether it fits into their business culture.They should also meet key stakeholders in the business to find out whether they are all ...
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Article
Employee Benefits Live: Event briefing
Essential information about Employee Benefits Live 2010ExhibitionEmployee Benefits Live 2010 exhibition is bigger than ever, and is now completely sold out to exhibitors keen to showcase their services.New exhibitors include Aon Consulting, Ellipse, JLT Benefit Solutions, Life Academy and Workforce Wellness.Employee Benefits/Alexander Forbes Benefits Research 2010 showed 35% of employers ...
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Article
Employee Benefits Live: Using reward to ensure employee engagement
Employee engagement is a vital component in motivating staff and enhancing productivity and performance. Using reward to engage employees is a major issue for benefits professionals, and developing an effective strategy is essential to ensure success.This year, speakers at Employee Benefits Live will discuss how to get the right balance ...
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Article
Employee Benefits Live: Taxation changes in the spotlight
On the first day of Employee Benefits Live 2010, delegates will have the opportunity to attend masterclass sessions addressing the key issues affecting benefits professionals.Lesley Fidler, tax director at Baker Tilly Tax and Accounting, will look at the tax changes for high earners and how to maintain the value of ...
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Article
Bernie Buckley moves up at Whitbread
Whitbread has appointed Bernie Buckley head of reward and analysis. Buckley, previously Whitbread’s reward manager, replaces Jo Rackham, who has been promoted to head of central HR within the organisation.Whitbread enjoyed great success at this year’s Employee Benefits Awards held in London in June, when it won the overall Grand ...
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Article
Natalie Bosch joins Times Warner
Time Warner has taken on Natalie Bosch as pensions and international benefits manager. Bosch joined the company from her previous role as pensions manager at PRS for Music, which she held from 2007 to 2010.Previously, she worked at the Church Mission Society as pensions manager from 2006 to 2007.Before that, ...
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Article
Interview with Brian Newman, international HR director at Live Nation Entertainment
Brian Newman, international HR director at Live Nation Entertainment, says HR and reward professionals must keep themselves current to maintain a high profile in the businessMadonna and the world of HR might not seem to have a great deal in common, but Brian Newman, international HR director at entertainment firm ...
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Analysis
Pre-paid cards can enhance motivation systems
If you read nothing else, read this...Points-based motivation schemes and pre-paid cards lend themselves well to reward strategies.The use of integrating technology streamlines the process and allows staff to be more involved.Branding cards with the corporate identity and ensuring the reward that they offer matches the needs and values of ...
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Article
Research: One-third of employers engage staff with face-to-face communication
Although nearly one-third (32%) of employers believe face-to-face communication is still the most effective way to engage staff, two thirds use online communication.Aviva UK's Health of the Workplace Four research shows the intranet plays a key role in the communication of employee benefits.Read more articles on voluntary benefits
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Analysis
Employer profile: Vinci Construction UK
Vinci Construction UK has succeeded in unifying benefits for its stable of companies while battling the effects of recession, says Jennifer PatersonWhen the recession touched down and speedily escalated in the latter months of 2008, headlines across the UK proclaimed that the construction industry was one of the worst hit. ...
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Analysis
Update on the retail distribution review
If you read nothing else, read this…The ban on commission on group personal pensions set out in the Retail Distribution Review may lead to greatly increased charges on members’ pension pots in the early years.Charges on an average GPP of £200 a month could rise from £5 to about £360 ...