All Employee Benefits articles in Web Issue – Page 397
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Analysis
Thought leaders: Academic insights: Technology helps achieve more with less
Communication, aided by technology, can help employers get full value from their benefits offering, says Angela WrightIt is going to be a challenging year for reward specialists faced with reduced budgets for pay and benefits at a time of rising inflation. But is there evidence that we can do more ...
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Analysis
Thought leaders: Academic insights: True value of benefits must be made clear
Difficult times have led to an innovative approach to voluntary benefits, says Ian KesslerIn difficult economic times, it would be fair to assume greater managerial scrutiny of employee benefits. There is scope to debate how organisations might deal with such benefits. There is a value-for-money argument, which highlights the scope ...
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Analysis
Thought leaders: Academic insights: Show staff trust and they will respond
Key points The amount of choice employees can exercise at work has declined in the past 25 years. Commitment and motivation is a two-way street between employers and their workforce. Discretion and trust are key components for creating enjoyable jobs and motivating staff.†A little more autonomy can boost employee motivation, ...
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Article
Heinz takes steps to manage high earners pensions tax changes
Heinz UK and Ireland is developing a strategy to help high earners manage April’s changes to pensions tax relief and is planning to set up a bonus sacrifice arrangement for all staff.The firm hopes to have the bonus sacrifice arrangement, being designed in conjunction with Ernst and Young, in place ...
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Article
Baxters Food Group pension scheme appoints Punter Southall
Baxters Food Group has appointed Punter Southall to provide a range of services to its pension scheme.Punter Southall will provide administration, investment, actuarial and consultancy services to the Baxters Food Group Pension Fund, which has over 800 members and assets of around £40 million.Peter McLuckie, company secretary and legal counsel ...
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Article
UKRD Group, Luminus and Kenneth Green Associates among best companies to work for
UKRD Group, Luminus and Kenneth Green Associates are among The Sunday Times 100 Best Companies to Work for in the UK 2011.The list compiles the best organisations based on a number of factors including: leadership, my manager, my company, my team, giving something back, wellbeing, fair deal, and personal growth.Ranked ...
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Article
Police overtime doubles in last decade
Overtime pay for police officers in England and Wales has more than doubled in the last decade according to research from Policy Exchange.The Police Overtime Expenditure report from the political think tank, found that overtime payments rose from £208 million in 1998-99 to £437 million in 2007-08.In total £3.8 billion ...
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Article
Thought Leaders 2011: Academic Insights: Re-engineer reward processes to aid efficiency
Too much system complexity can hamper the cost-effective and efficient delivery of reward, but the right technology can improve the flow for the entire supply chain, says James Markham from SBC Systems UK.Click here to view the Whitepaper
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Article
Thought Leaders 2011: Academic Insights: The changing shape of workplace savings
A traditional pension is only part of an employee’s workplace savings options, and their short-, medium- and long-term requirements also need to be taken into account, says Pete Glancy from Scottish Widows.Click here to view the Whitepaper
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Article
Thought Leaders 2011: Academic Insights: HR has key role in successful acquisition deals
Reward and benefits provision is a vital consideration when organisations are involved in merger and acquisition activity, and HR teams have a crucial contribution to make, says Steve Allan from Towers Watson’s M&A practice in Europe.Click here to view the Whitepaper
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Article
Thought Leaders 2011: Academic Insights: Health benefits offer staff a financial safety net
Healthcare benefits such as cash plans are growing in popularity with employers and employees as the government’s drive for costefficiency dents public confidence in NHS services, says Jill Davies from Westfield Health.Click here to view the Whitepaper
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Article
Thought Leaders 2011: Academic Insights: Exceptional service should become the norm
The complexity of many share schemes means employers will rely on their provider to deliver outstanding service by making sure all their needs are considered and catered for, says Jill Evans from Yorkshire Building Society.Click here to view the Whitepaper
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Case Studies
Case study: Northumbrian Water taps savings through tax-efficient benefits
Northumbrian Water offers a range of tax-efficient benefits that help its 3,000 employees to make savings.The water and waste supplier has offered childcare vouchers, bikes for work and holiday buying via salary sacrifice since 2006. In 2008, it brought in a scheme whereby staff can pay their water bills via ...
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Article
Telegraph Media Group launches online flexible benefits plan
Telegraph Media Group launched an online flexible benefits scheme and total reward statements on 1 March so its 1,200 staff can view all their benefits in one place.The publishing company has also introduced new benefits, such as a salary sacrifice car scheme, online payroll giving, carbon offsetting, and the option ...
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Article
Mercer launches fund range for workplace savings product
Mercer has developed a range of tailored funds for its workplace savings product as part of efforts to improve retirement outcomes for members.The funds have been designed around three groups of member behaviours and are labelled to reflect their risk and return profile rather than the asset classes held in ...
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Article
Domestic and General offers free stress management workshops
Call centre Domestic and General (D&G) is offering free stress management workshops to its employees to promote wellbeing in the workplace.The workshops were first offered to team leaders and have now been extended to call centre staff. The workshops, which are delivered by Ingeus, cover topics including back, neck and ...
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Article
Mercer appoints Emma Douglas UK leader for Mercer Workplace Savings
Mercer has appointed Emma Douglas UK leader for Mercer Workplace Savings.She has joined from BlackRock where she was head of defined contribution (DC) sales from 2007, responsible for DC sales strategy and execution for its bundled and investment-only business, as well as the management of DC client relationships.Between 2000 and ...
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Article
Alexander Forbes launches stocks and shares individual savings account (Isa)
Alexander Forbes Wealth Management has launched a stocks and shares individual savings account (Isa) with a range of six funds.The funds offer varying levels of risk and are focused on income producing assets and global trends.Investors in the stocks and shares Isa can choose from three income producing funds which ...
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Article
Norland Managed Services implements healthcare trust for staff
Norland Managed Services, the facilities management and support services provider, has implemented a healthcare trust for its 2,000 employees in UK and Ireland.Norland will benefit from savings over the cost of corporate private medical insurance (PMI) premiums and will keep any monies if claims are lower than anticipated. The healthcare ...
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Article
Otto Thoresen joins ABI as director general
Otto Thoresen has joined the Association of British Insurers (ABI) as its new director general.Thoresen is currently chief executive of Aegon UK and a member of the board of management of Aegon N.V.Tim Breedon, ABI chairman, said: “Otto combines significant industry experience with a passion for improving the industry’s service ...