All Employee Benefits articles in Web Issue – Page 357
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Analysis
Fleet review can save costs
If you read nothing else, read this...A fleet review will typically cover four key areas: fleet policy, health and safety, acquisition method and company car supplier.If performed properly, a review can reduce the operating costs of an organisation's fleet by between 10% and 15%.Organisations may find they have to conduct ...
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Article
Trimble MRM launches driver safety software
Fleet firm Trimble MRM has launched its new driver safety software designed to help employers run fleets more effectively and efficiently.Drivers are given pointers on their safety performance via in-car audible beeps and red, amber and green lights. The system then relays real-time safety information to managers so they can ...
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Analysis
Health and wellbeing: Engaging sick employees with return to work objective
If your read nothing else, read this…When dealing with staff suffering from conditions that can potentially led to long-term illness, early intervention, which ideally makes use of occupational health services, is crucial.A good relationship between employee and line manager is key, with the focus on what can be done ‘with’ ...
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Article
European Parliament votes for increased maternity rights
The European Parliament will draft legislation to extend minimum maternity leave in the European Union from 14 to 20 weeks with full pay, with some flexibility for countries which already have a form of family-related leave.An entitlement to paid paternity leave of at least two weeks was also approved by ...
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Article
Employee Benefits Live 2010: Cancer Research UK tests staff with employee benefits pilot
During a session called ‘Using reward to support recruitment retention and engagement of key staff’ at Employee Benefits Live on 29 September, Jane Vivier, reward and recognition manager at Cancer Research UK shared the details of the charity’s recent employee benefits pilot.The organisation hand-picked 600 employees from across the business ...
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Article
PPF to consult on reducing pension protection levy by £120 million
The Pension Protection Fund (PPF) will formally consult on plans to set a pension protection levy estimate of £600 million for 2011/12, a reduction of £120 million from the previous year.According to the PFF, this move is a response to government plans to increase PPF compensation in the future in ...
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Article
Extended right to request flexible working will go ahead in April 2011
The right to request flexible working will be extended to parents of children under 18 from April 2011 and a consultation will be launched later this year looking at how to extend the right to request flexible working to all employees including the design of a new system of flexible ...
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Article
Equality Act 2010 bans pay secrecy clauses and gender pay discrimination
The Equality Act 2010 which came into force on 1 October, includes the provision to make pay secrecy clauses unenforceable and allows claims for direct gender pay discrimination.The Act will provide a new legislative framework to protect the rights of individuals and advance equality of opportunity for all; update, simplify ...
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Article
Commonwealth Games organisers employ monkeys to protect athletes
Organisers of the 2010 Commonwealth Games in New-Delhi have hired a team of about 40 large grey langur monkeys to chase away smaller rhesus monkeys, which have been breaking into the Games' accommodation buildings and stealing from athletes’ rooms.In addition, 50 traditional snake charmers have been employed after an athlete ...
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Article
The Met Office to use Equiniti ICS for payroll services
The Met Office has signed a three-year contract with Equiniti ICS to provide a fully managed payroll service for its 1,900 employees.The service will provide the Met Office with improved service processes and enhanced governance, while satisfying the stringent security requirements of the organisation.A spokesperson from the Met Office said: ...
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Article
Pannone launches flexible benefits scheme
Law firm Pannone is launching a flexible benefits scheme for its 600-plus workforce as part of efforts to be an employer of choice.The practice, which has offices in Manchester, Cheshire and London, has appointed Portus Online to provide its scheme, which will be live by late autumn.Rachel Dobson, operations partner ...
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Article
Towergate Financial teams up with Staffcare to launch benefits portal
Towergate Financial has teamed up with Staffcare to launch a corporate benefits portal which it has used to offer flexible benefits to its own employees.The portal 'Your Benefits Solutions' will provide new and existing clients of the financial advisory firm with a total reward statement capability, a flexible benefits platform ...
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Article
Employee Benefits Live 2010 conference slides
To view a presentation from the Employee Benefits Live 2010 which was held in London on 28-29 September, please click on the link next to the session below. Not all speakers are able to give us permission to put their slides online. When this happens we have tried to persuade ...
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Article
Executive bonuses return as base salaries fall
Bonuses for UK executives rose significantly over the last year while salaries fell in real terms by almost 2%, according to new research from the Hay Group.The report, Top executive compensation in Europe, revealed that bonuses have risen by 17% since 2009, with the median executive bonus paid standing at ...
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Article
Aon Hewitt merger finalised
Aon Corporation has completed its merger of Hewitt Associates with a subsidiary of Aon, creating a human capital solutions firm called Aon Hewitt.Greg Case, president and chief executive officer of Aon, said: “The completion of this merger marks yet another important milestone in the history of Aon and is an ...
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Article
Just Retirement acquires annuity service provider
Just Retirement, the life assurance provider for those at or in retirement, has announced an agreement to acquire The Open Market Annuity Service from Kerr Henderson.The acquisition is part of Just Retirement’s goal to invest in further development of the open market option.The Open Market Annuity Service provides systems and ...
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Article
Nearly half of expatriates believe healthcare standards are worse overseas
Nearly half (44%) of expatriates believe the standard of healthcare is worse in their new country, according to a survey by Bupa International.One in five, or around 38 million, expats worldwide believe their health has deteriorated since moving abroad.The research, which was conducted online by 1,034 expatriates, also showed one ...
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Article
Cyclescheme introduces market value solution for end of loan period
Cyclescheme has launched a market value solution for HM Revenue and Customs’ (HMRC) latest advice on valuing cycles at the end of a loan period.The solution, which has been produced after discussions directly with HMRC and independent tax experts, alleviates the administrative burden for collection of market values on cycles ...
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Article
JML boosts take up of pension scheme
JML, the household product supplier, is actively encouraging employees to join its defined contribution (DC) pension scheme.The company is also offering staff free pensions advice from Clifton Asset Management.It is working to boost take up into the scheme, which offers 6% employer contributions and 4% employee contributions, rather than having ...
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Article
Majority of organisations in favour of reduced annual allowance
Nearly two thirds (64%) of finance directors, trustees and pensions managers believe a reduced annual allowance is an improvement over previous proposals for a 'high income excess relief charge' targeted at those with annual incomes over £130,000.According to research by Punter Southall, the principal reason cited in favour of the ...