All Employee Benefits articles in Web Issue – Page 410
-
Article
CBI/Pfizer research: Workplace absences cost economy £17 billion
Workplace absence cost UK employers £17 billion last year due to 190 million working days lost, according to new research from the Confederation of British Industry (CBI) and Pfizer.The CBI/Pfizer Absence and Workplace Health Survey found that despite the introduction of the fit note in 2010, the rate of absence ...
-
Article
Mercer research: Most European organisations measure the length of employee absence
The majority (82%) of European organisations measure the length of employee absence while 35% record the causes of absence and 27% measure the costs.The Pan-European Survey on Employer Health Benefits Issues, conducted by Mercer in 14 countries across Europe with 556 employers, found that 29% of respondents in France, 23% ...
-
Article
Working Families research: Fathers with access to flexible working are more committed to employer
Fathers with access to flexible working in the private sector have better physical and psychological health, are less stressed and more committed to their employer.According to the Working for fathers report by Working Families and Lancaster University Management School fathers working flexibly in the public sector are less troubled by ...
-
Article
P&MM acquires Allsave and My Family Care Vouchers
P&MM has acquired childcare voucher providers Allsave and My Family Care Vouchers.The directors of the two organisations, Jacquie Mills and Catherine Maddox, will continue to manage the businesses, which will remain as separate brands within the employee benefits division of P&MM.David Lebond, executive director for P&MM’s parent organisation Motivcom and ...
-
Article
Acxiom boosts group personal pension take-up after revamping structure
?Marketing services firm Acxiom has restructured its group personal pension (GPP) plan to simplify the arrangement and increase its appeal for its 1,200 UK-based staff.The company made the changes after closing its trust-based defined contribution scheme to new joiners and introducing the GPP two years ago. After the change, it ...
-
Article
Hymans Robertson adds health checks and car lease scheme to flex
Hymans Robertson is adding office-based health screenings and a car lease scheme to its flexible benefits scheme.The pensions consultancy firm is introducing the screenings, provided by Healthy Performance, after a questionnaire in 2010 revealed many employees were interested in the benefit.A car lease scheme for all 510 employees will also ...
-
Article
Circus advertises for pickled person
While many job adverts may feature slightly unusual requirements, the need for an applicant to fit into a two foot by 16.5 inches bottle puts a whole new spin on the term flexible working.†The Circus of Horrors advertised the position of a contortionist, who could fit into its pickled person ...
-
Article
News analysis: Employers come to grips with paternity legislation
Employers are having to come to grips with new legislation governing paternity leave and paternity pay entitlement, says Jennifer PatersonAdditional paternity leave (APL) and additional statutory paternity pay (ASPP), which came into effect on 3 April under the Work and Families Act 2006, gave all working fathers or partners whose ...
-
Case Studies
Case study: Arup engineers matching pension contributions
When engineering firm Arup set up a new group personal pension (GPP) plan last June, it decided to offer a matched contribution to staff.The matches on offer range from a minimum 2% employee contribution which attracts 4% from the employer, up to a maximum 6% employee contribution which attracts a ...
-
Case Studies
Case study: Charles River Associates' health cash plan is a winner
Global consulting firm Charles River Associates carries out an annual benefits review.In April 2010, it introduced an employer-paid health cash plan, provided by Westfield Health, for its London-based staff. Peg Dahl, associate director, global benefits, says: “This complements the supplemental medical and dental insurance we already offer and gives employees ...
-
Article
Lex Autolease research: Majority of employees would choose a salary sacrifice company car
Eight out of 10 employees would sacrifice a portion of their salaries to opt into a company car scheme, according to a survey by Lex Autolease.More than three quarters (78%) of grey fleet drivers, who use their own car for business use, said they would opt for a salary sacrifice ...
-
Article
WFD Consulting research: Work-life balance is not a gender issue
When it comes to work and family, men and women are more alike than different according to a study from WFD Consulting and WorldatWork’s Alliance for Work-Life Progress (AWLP).The Global Study on Men and Work-Life Integration surveyed more than 2,300 men and women in international organisations with 500 or more ...
-
Article
Berwin Leighton Paisner switches childcare voucher providers and communicates tax changes
Commercial law firm Berwin Leighton Paisner (BLP) has switched its childcare voucher provider and communicated the tax changes that came in on 6 April to its 1,200 UK staff.Despite offering childcare vouchers for many years, BLP switched providers to KiddiVouchers at the beginning of March to ease the administrative burden, ...
-
Article
Oracle boosts take-up of group personal pension plan
?Oracle has boosted take-up of its group personal pension (GPP) plan after a communications campaign.The IT firm, which brought in the GPP last year to replace a trust-based defined contribution (DC) scheme after consolidating several legacy pension schemes from acquired organisations, has seen membership of the GPP rise from 77% ...
-
Article
Buyer's guide to health cash plans
Focus on factsWhat are health cash plans?For a premium, these reimburse members for the partial or full cost of a range of everyday health treatments. Typically, the benefits included in a cash plan are dental and optical care, onsite health screening, physiotherapy and employee assistance programmes.What are the origins of ...
-
Article
Cadence Market Strategy research: Employees value flexible working
Almost half of employees cite flexible working as their top choice to improve health and wellbeing, according to research conducted by Cadence Market Strategy.Out the 1,087 employees that responded to its annual Health and Wellbeing Survey, 42% said that flexible working was their favourite benefit.Dan Doherty, a spokesperson for Cadence ...
-
Case Studies
Case study: Hannaford cuts down on car insurance claims
St Albans-based fit-out and refurbishment firm Hannaford has seen its insurance claims and premiums drop sharply since implementing a comprehensive driver training programme for its 51 employees in 2008.Fleet manager Leigh Stiff says: “We only had five claims last year and the same the year before. Before we started this ...
-
Article
Lorica changes name and rebrands to reflect increase in services
Employee benefits provider and consultancy Lorica has changed its name to Lorica Employee Benefits and re-branded to reflect the firm's increase in services.In the last two years it has added flexible benefits and actuarial risk divisions to its range of services. Its six core offerings are now: corporate pensions (workplace ...
-
Article
Government launches consultation into new system of flexible parental leave
The government has launched its Modern Workplaces consultation on plans to introduce a new system of flexible parental leave from 2015.Under the proposals, once the early weeks of maternity and paternity leave have ended, parents will be able to share the overall leave allowance between them.Unlike the current system, this ...
-
Analysis
Driver training can cut fleet costs
If you read nothing else, read this... Rising fuel costs and insurance premiums are making driver training a win-win for company car fleets. It is important to assess and manage driver risk and then decide who will benefit most from what sort of training. It needs to be sold as ...