All Employee Benefits articles in Web Issue – Page 367
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Cigna launches tool to help employees with lower back pain
Cigna UK Healthcare Benefits has launched an interactive online condition management resource aimed at helping employers tackle the issue of lower back pain.The tool gives support and advice for employers on managing conditions in the workplace.Cigna has developed the tool to recognise the good practice guidelines issued by the National ...
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Majority of UK employees believe they are underpaid
A majority (93%) of UK employees believe they are underpaid and only 4% are happy with their salary, according to a poll from HR consultancy Reabur.The poll asked 1,293 respondents if they think they are underpaid by their employer and what they think they are financially worth to the company ...
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Aon Hewitt research: Final salary pension scheme deficit is closing up
The pensions deficit of the 200 largest privately-sponsored final salary schemes has reached its smallest level since September 2009, according to research from Aon Hewitt.The deficit stood at £69 billion at the end of October, compared to the £80 billion deficit recorded on 30 September 2010.According to the research, the ...
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Inchscape Fleet Solutions adds health screening programme
Inchcape Fleet Solutions has added a health screening programme to the range of health benefits it has rolled out in 2010.All 170 employees have access to the programme to encourage better health and wellness practices.The other new offerings include: healthcare cash plans through Health Shield, fruit on Wednesdays, a three-hour ...
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Payroll professionals unprepared for 2012 pensions reforms
Over two thirds (67%) of payroll professionals said they are not ready for the 2012 pensions reforms, according to a new survey from the Institute of Payroll Professionals (IPP).The online poll also revealed that only a quarter (25%) of respondents are aware of what needs to be done and the ...
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Health of the Workplace
Now in its fourth year, Health of the Workplace is Aviva's annual study that canvases GP, employer and employee opinions on topical issues with a view to create debate. This year the focus is on relationships and looks at whether work relationships have replaced the traditional family support network. We ...
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Friends Provident research: Employees expect to work longer
Employees expect to work beyond the new default retirement age of 66 with 40% planning to work past the age of 70 according to research conducted by Friends Provident.Out of the 1,200 people that look part in the report Visions of Britain 2020: Ageing and retirement, 32% do not have ...
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Canada Life increases claims service provision
Canada Life has increased eligibility for its group income protection (GIP) claims management service (CMS) by lowering the qualifying premium to £50,000 a year.CMS Connect was previously only available to GIP clients with premiums in the £75,000 to £100,000 a year range.The service provides an additional level of employer and ...
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Grid launches new members resource area on website
Group Risk Development (Grid) has launched a new area on its website to help members get more out of their membership.The new member’s area includes a library of communications, minutes and other materials, as well as access to exclusive research from Grid.Members will also be able to view the Service ...
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Teachers pay and absence levels could be published
Schools may be required to publish teachers' salaries, qualifications and sickness rates as part of the government proposals to drive up standards.The changes would allow parents to rate primary and secondary schools on information designed to illustrate the quality and experience of staff. Absence levels for all schools would also ...
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Three employers sign up for SchemeHub
Mueller Europe (Wednesbury Pension Scheme), the Ruston Bucyrus Pension Scheme and the MESL Pension Scheme have signed up to SchemeHub, the virtual pensions manager and document storage tool from Atkin & Co.SchemeHub allows managers and trustees to access scheme documents immediately over the web, it also enables them to review ...
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Robertson Cooper research: Personal resilience is key to wellbeing
Personal resilience is key to wellbeing according to research from business psychology firm Robertson Cooper.The i-resilience online survey of the working population found that the majority of respondents (81%) are confident that they can recover well when things go wrong, however only less than half (48%) believe they flourish when ...
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Kas Bank develops stress test for pensions
Kas Bank has developed a stress test to give trustees a better understanding of how resilient their pension scheme would be in times of extreme economic crisis.The new service examines the likely impact of several worst-case scenarios in terms of the funding level of a scheme.The test, which can be ...
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AWD Chase de Vere awarded top marks in benefit platform survey
AWD Chase de Vere, the corporate advisers, achieved the highest overall score and was awarded the prestigious triple ‘e’ rating in the inaugural Corporate Adviser Benefit Platform Survey.The survey is believed to be the most exhaustive study of employee benefits technology propositions ever carried out in the UK.AWD Chase de ...
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Ethical incentives help meet Christmas business targets
A water powered calculator, a grow your own strawberries kit, an electric bike and white water rafting have been added to the eco-incentive scheme, Compliments Green, which is run by Edenred in partnership with Green Rewards.The range, has been extended to tie in with the festive season because this is ...
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FTSE 100 pensions deficit amounts to £66bn
The total deficit in the pension schemes of the FTSE 100 is estimated to be £66 billion, according to the latest analysis from Pension Capital Strategies (PCS).The FTSE 100 and Their Pension Disclosures report found that this year’s position shows a marked improvement from 2009, with an £8 billion decrease ...
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Lorica launches flexible benefit product
In January Lorica will launch a new fixed cost flexible benefit product aimed at small and medium enterprises (SME).Cube Uno, the sister product of Lorica’s flex solution Cube, will comprise of seven pre-populated benefits, total reward statements and a discount scheme with around 600 discounts available to employees.The Cube Uno ...
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CIPD Conference 2010: RSA increases employee engagement
Levels of employee engagement are up to 58% in 2010 at RSA Insurance Group, according to an internal survey conducted by Gallup.This is up from 45% in 2009 and 33% in 2008.During a session ‘Reinventing leadership to drive a culture of engagement’ at the 2010 CIPD Annual Conference and Exhibition, ...
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CIPD conference 2010: Sega Europe reduces sickness absence levels
Sega Europe has reduced its sickness absence levels from 8% to 2.5% since introducing a variety of health and wellbeing measures.While the video game maker had a record of very low sickness absence levels (0.5%) among its 560 permanent staff in the UK, Spain, France, Germany, Holland and Australia, its ...
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CIPD conference 2010: The Driver and Vehicle Licensing Agency reduces cost of absence
Since focusing on its health and wellbeing offerings, the Driver and Vehicle Licensing Agency (DVLA) has reduced its absence management costs by £5 million and decreased its average working days lost from 14 to 7.4.In 2005 the DVLA, which is part of the Department of Transport, was criticised for having ...