All Employee Benefits articles in Web Issue – Page 356
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Article
Employee Benefits Live 2010: Sun Microsystems implements global governance reward structure
When Alison Main, global benefits manager at Sun Microsystems, and her team undertook the design and implementation of a global governance structure for the business, they had to really look at what was happening locally and align it with the business strategy.During her international benefits session, ‘Designing and implementing a ...
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Article
Employee Benefits Live 2010: Towry adds to total reward package
Towry is adding a ‘Giving back’ programme to its total reward package.Alex Rickard, head of employee proposition at Towry, announced the new scheme during the session ‘Pay and bonuses to incentivise your staff and become an employer of choice’ on the first day of the Employee Benefits Live conference.The wealth ...
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Article
ACC Liverpool introduces health cash plan for staff
ACC Liverpool has appointed Medicash to provide employees with a health cash plan.Staff at the venue, which is home to the BT Convention Centre and Echo Arena, will be able to access a range of benefits, including dental and optical care, worksite health screening, physiotherapy and alternative therapies such as ...
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Article
PeopleValue adds local discount feature to Advantage card
PeopleValue has added a local discount feature to its Advantage staff discounts and employee benefits scheme.The feature provides members of the Advantage scheme a card which, when presented across a network of over 4,500 high street discounts in the UK, a discount of their purchase. The discounts available are up ...
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Article
Private sector pay shows signs of recovery
Private sector pay appears to be stabilising, according to the latest analysis of pay settlements from IDSPay.co.uk.The Pay Prospects 2011 publication showed an increasing number of awards were made between 2% and 3% during the period of June to August this year, and fewer pay freezes.These figures show an improvement ...
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Article
PWC research: Half of workers would demand rise if pay is unfair
Almost half (49%) of employees would ask for a pay rise or look for a new job if they found out for certain that colleagues at the same level were paid more.The finding, from a recent poll of 1,148 UK workers commissioned by PricewaterhouseCoopers (PWC), comes as the Equality Act ...
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Article
Aegon to close admin and software businesses
Aegon has announced it will be closing its third-party pensions administration and employee software businesses as part of efforts to reduce operating costs by 25%.Following a review of its UK businesses Aegon has decided to keep its life insurance and protection businesses because they support its aim to focus on ...
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Article
PMI/Standard Life research: Nest is viewed as largely irrelevant
The national employment savings trust (Nest) is viewed as largely irrelevant as most of the larger employers plan to rely on existing arrangements to cope with the 2012 pension reforms.This according to joint research from the Pensions Management Institute (PMI) and Standard Life called DC Pulse, an in-depth study of ...
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Article
Employee Benefits Live 2010: KPMG rolls out new absence management policy
KPMG is to roll out a new absence management policy and guidance document on 1 October, following a comprehensive review into sickness absence at the professional services firm.Speaking in the health and wellbeing session Helping line managers effectively deal with wellbeing issues at Employee Benefits Live on 29 September, Fiona ...
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Article
Archant exceeds expected take up of green car scheme
Archant’s green company car scheme is proving popular among staff as the take-up figure is ahead of target.The 30% of employees that have opted for lower carbon emitting cars is more than three times the number expected by the media group.Archant appointed fleet management firm CLM earlier this year to ...
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Case Studies
Case study: Best Electrical keeps track of drivers' overtime
Stevenage-based electrical contractor Best Electrical estimates it is saving £26,000 a year after installing GPS tracking technology into its fleet of 10 cars 18 months ago.The system, provided by FleetMatics, enables it to monitor precisely the location and status of its cars. Director of operations Robert Ranson says: "We were ...
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Article
BSkyB broadens investments for DC pension default fund
BSkyB has redesigned the default fund for its trust-based defined contribution (DC) pension after an extensive review of the scheme concluded the existing fund was based too heavily in equities.The broadcaster has replaced its default lifestyle fund, used by more than 90% of employees, with one that is based on ...
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Article
NHS Staff Council proposes new rates for business travel mileage
The NHS Staff Council has proposed new arrangements for reimbursing staff for business travel mileage.The proposals are ready for final review in trade union consultations and, if agreed, the new rates will come into effect on 1 July 2013.The changes will give all staff the same reimbursement rate for business ...
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Article
Buyer's guide to Group personal pensions
Group personal pension schemes have had a difficult couple of years, and employers and providers are now gearing up to meet the challenges of legislative changes, says Nicola SullivanThe group personal pension (GPP) market has been boosted by employers continuing to migrate from final salary pension schemes to defined contribution ...
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Analysis
Green cars can be high-spec too
If you read nothing else, read this...More than 60 sub-120g/km car models are now available from over 25 manufacturers in nearly 400 variants.P11D benefit calculations are based on how environmentally friendly a car is.Cars emitting less than 120g/km of CO2 currently attract the lowest rate of company car benefit-in-kind tax.Green ...
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Case Studies
Case study: Heinz puts lid on fleet costs
After conducting a fleet review last year, Heinz UK and Ireland will introduce fuel cards and a mileage tracking system for its 500 drivers to increase the accuracy of claims for fuel reimbursement.The food manufacturer's system, which is linked to its automated expenses processes, allows staff to fill in details ...
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Article
Chess Telecom switches health cash plan providers
Chess Telecom has switched health cash plan providers for its 100 employees.The new deal means staff at the Cheshire based company will now have access to discounted gym membership, onsite health screening and telephone and face-to-face counseling, through the Medicash-provided plan.The cash plan complements the range of health and wellbeing ...
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Analysis
Technology is changing company fleets
If you read nothing else, read this...The new generation of in-car technologies include automatic braking, parking and steering, stability control, cruise control, adaptive lighting, speed limiting and environmental innovations.Telematics-based systems include GPS, mileage capture, vehicle tracking and fuel cards.Mobile devices are expanding what data can be collected.Before investing in new ...
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Article
Somerfield staff offered childcare voucher transfer
Somerfield staff have been given the option of transferring from their existing childcare voucher scheme with KiddiVouchers to a scheme offered by the supermarket's parent company, the Co-operative Group, through Imagine Co-operative Childcare.The Co-op wrote to Somerfield staff advising of its scheme and how to transfer. One option was to ...
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Article
Fleet managers look to reduce cost and under-performance
More than half (60%) of fleet managers believe the best single way to reduce cost and under-performance is to reduce the number of unnecessary miles driven.A survey by Trimble MRM, the supplier of corporate in-vehicle telematics technology, which polled 300 fleet managers, also found 85% of respondents believe using fuel ...