All Employee Benefits articles in Web Issue – Page 387
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Case Studies
Case study: Sodexo motivates staff with thank-you points
Sodexo Remote Sites Scotland operates a points-based recognition scheme for its 1,000 UK staff. This includes longservice awards, thankyou cards, an award for great ideas, and a site of the month.Line managers and peers can send postcards thanking someone for going the extra mile. It is part of an instant ...
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Case Studies
Case study: CSC logs into corporate wrap platform feedback
IT company CSC continually reviews its corporate wrap proposition to ensure it remains relevant and useful for employees. It introduced the Mymoneyworks platform, which it helped provider Scottish Widows to develop,for CSC’s 7,500 UK staff in July 2010. Since then, 2,300 staff have enrolled to use it.The platform includes the ...
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Article
Nicolaides checks in at InterContinental
InterContinental Hotels Group has appointed Nicos Nicolaides director of compensation and benefits forEurope.His previous experience includes reward and benefits roles with organisations such as DSG International, Amey, First Choice Holidays, World Duty Free and Safeway.Read more on jobs
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Analysis
Retirement savings: Investment choices
If you read nothing else, read this... Risk is an important factor to consider when designing an investment strategy for contract-based DC pension schemes. Employers should think carefully about how they will structure their contractbased DC scheme’s default fund because this is where the majority of members will end up. ...
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Analysis
Retirement savings: Choosing a fund manager
If you read nothing else, read this... Most fund managers specialise in one particular asset class. A fund manager’s risk profile is particularly important for employers trying to minimise the volatility of pension investments. An intermediary or consultant can help employers and trustees identify a manager that best suits the ...
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Analysis
Retirement savings: Corporate wrap products
These are early days for the UK corporate wraps market, so what is available and what is in the pipeline? Tynan Barton rounds up what the providers have to offerThe corporate wrap market is still in its infancy, with several providers having entered the market and many more yet to ...
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Analysis
Retirement savings: Corporate wraps
If you read nothing else, read this... Corporate wrap platforms are the subject of a great deal of hype, but very few have actually launched to market. Corporate wraps are particularly suited to low-paid staff, younger employees, those with debt, and higher earners. However, employers should not overlook other staff. ...
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Article
Nicholls to Debenhams
Debenhams has appointed Fedra Nicholls reward manager.She moves to the retailer from her previous position of UK reward manager at Vodafone.Read more on jobs
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Article
Pfizer UK offers discounted gym membership
Pfizer UK has expanded on its existing onsite gym facilities by also providing discounted gym membership that can accessed all over the country.†Enrolment for the gym membership closed in December and the benefit was rolled out to staff on 1 January 2011.Provided by Incorpore, Gymflex makes 2,500 health clubs across ...
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Article
Pepsico promotion for Estibaliz Lekuona
Pepsico has made Estibaliz Lekuona compensation and benefits director for Asia, Middle East and Africa.She was its UK compensation and benefits director.Read more on jobs
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Analysis
Line managers have vital role in motivation
If you read nothing else, read this…Line managers’ role in motivating staff should begin with developing a personal link between the manager and their employees.Informal recognition, such as a simple thank-you, can be more effective than formalised, organisation-wide recognition schemes.The effectiveness of peer-to-peer recognition can also be effective, but can ...
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Article
Loughrey moves to Pall
Pall Europe has appointed Zara Loughrey UK head of HR.Her previous role was as group reward manager at Babcock International, which was acquired by VT Group in 2010.Read more about jobs
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Article
New online administration system from Heath Lambert
Heath Lambert is to launch a new online benefits administration system. Its Access2Benefits system will help employers manage benefits, prepare for pensions auto-enrolment, manage costs and improve access to management information.The three-tiered product offers broker and consultancy services around perks, an in-house benefits management and reporting platform, and a flexible ...
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Article
Alliance Medical issues total reward statements
Alliance Medical has rolled out total reward statements to increase staff understanding of its benefits provision.The statements, provided by Thomsons Online Benefits, give information about the value of cash elements, such as base salary, bonus and overtime, as well as non-cash benefits such as income protection, pension and private medical ...
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Article
Severn Trent staff pay water bills via salary sacrifice
Severn Trent Water has simplified the way it communicates to staff that they can pay water bills via salary sacrifice.Its Smart Water benefit, which was added to the utility firm’s flexible benefits scheme in January 2010, is open to all its 6,000 staff, but only 3,500 can take it up ...
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Article
University of Lincoln launches wellbeing website for staff
The University of Lincoln has launched a wellbeing website that directs staff to contacts and benefits to help them with health and wellbeing issues.The site can be accessed by the university’s 1,500 staff through a desktop icon and has links to NHS sites and benefits such as sports centre membership, ...
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Article
Amey changes track on flexible benefits and voluntary perks
Amey is to outsource its flexible benefits scheme, switch voluntary benefits provider and introduce financial education workshops for its 11,500 staff.The public services provider is moving its flex scheme online with Thomsons Online Benefits, having previously managed the scheme in-house.Mark Bradshaw, HR director, reward at Amey, said: “We will have ...
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Article
Shire Pharmaceuticals brings in flexible benefits
Shire Pharmaceuticals is to introduce a flexible benefits scheme for its 500 UK employees this month.The scheme, provided by Vebnet, will include a corporate individual savings account (Isa), financial advice, employee-funded dental cover and a salary sacrifice arrangement for contributions to Shire’s group personal pension (GPP) scheme. These will sit ...
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Article
Live Nation harmonises pensions after merger
Live Nation Entertainment has harmonised pensions for its UK staff following its merger with Ticketmaster Entertainment last April.The entertainment and concert promoter has used its larger 1,500-strong workforce to renegotiate better deals with its providers.Previously, Ticketmaster had three group personal pension (GPP) schemes and Live Nation had one, provided by ...
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Article
Capital One has free gym
Capital One has built an onsite gym as part of its commitment to address staff health and wellbeing.Since the free gym – on the ground floor of the credit card company’s Nottingham head office – opened in January, about 60% of its staff have been inducted. On the launch day, ...