All Employee Benefits articles in Web Issue – Page 413
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Article
The Big Question: What are the implications of a single-tier state pension?
Catherine Cunningham, policy adviser at the National Association of Pension Funds:Good news and pensions rarely mix. But April’s publication of the government’s long-awaited thoughts on state pension reform is something to celebrate.The green paper outlines two options for simplifying the UK’s complex state pension system to create a new, clearer ...
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Analysis
How to boost small pension pots
If you read nothing else, read this... People who accrue total benefits of less than £18,000 in registered pension plans can take the fund as a lump-sum commutation if they are aged 60-75 and their pension funds' total value does not exceed £18,000. However, there are complications around this practice, ...
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Article
Paul Manzi moves up at B&Q
B&Q has appointed Paul Manzi head of reward. Manzi has held a variety of roles at B&Q since 1992, including reward adviser, reward analyst and HR analyst.He replaces Jane Henderson, who is now HR core operations manager.Read more about jobs
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Article
Buyer's guide to pension modelling tools
Key factsWhat are pension modelling tools?They are interactive tools that can calculate an estimated future retirement income based on factors such as an employee's current contributions, desired retirement age, and investment strategy.Where can employers get more information?Free online pension calculators are provided by the Pensions Advisory Service and the Consumer ...
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Article
Interview with John Robinson, conduct and capability manager at Humberside Police
Developing an effective attendance management process for employees has been a key focus for John Robinson as conduct and capability manager at Humberside PoliceJohn Robinson, conduct and capability manager at Humberside Police, has enjoyed a fruitful career in HR.In the late 1960s, aged 18, he joined glass manufacturer Pyrex in ...
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Case Studies
Case study: KFC serves up tasty opportunities for staff
In the past year, Kentucky Fried Chicken (KFC) has expanded its career development programmes, while translating elements of its head office working environment into its 800 UK restaurants.Its advanced apprenticeship programme, piloted in the London region in 2010 and now being rolled out across the UK, offers KFC’s 9,800 staff ...
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Case Studies
Case study: Volvo staff incentives drive sales
When Volvo Car UK wanted to boost sales of its SE Lux and executive level vehicles last year, it launched a motivation programme for sales staff that had a personalised focus for individuals. This enabled managers to discuss an individual’s performance and match it with a variety of incentives.Volvo’s Hub ...
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Article
New Leaf Health launches platform for wellbeing champions
New Leaf Health has launched a platform to help employers’ wellbeing champions deliver initiatives to their colleagues.Off-the-Shelf Health includes downloadable posters, leaflets and interactive resources, as well as 15 targeted campaigns to help with physical activity, mental health, nutrition, musculoskeletal health, cancer prevention, and changing smoking and alcohol habits.Employers can ...
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Article
Quintiles changes healthcare providers
Quintiles has changed providers for its private medical insurance (PMI) and employee assistance programme (EAP), aiming for a holistic approach to staff health and wellbeing.In April, the clinical research outsourcing company switched to Cigna for its PMI and to Workplace Options to provide counselling through an EAP to its 2,200 ...
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Analysis
Pensions governance: Sponsor's comment: Be ready for pension changes
The changing landscape for workplace pensions makes good governance more important than ever, says Simon Fletcher, client relationship director at Johnson FlemingIn 2012 we will see the introduction of two of the most significant changes to workplace pensions ever to occur in the UK. The first – pensions reform – ...
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Analysis
Pensions governance: Contribution levels must be right
If you read nothing else, read this... The average employer contribution to a defined contribution pension scheme is 8%. Most DC schemes now offer matched contributions and this trend is likely to increase. Most employers are not expected to level down contributions for existing employees as a result of the ...
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Analysis
Corporate Isas prove popular
If you read nothing else, read this... A corporate Isa may not be as competitive as the high-street version, but offering it through a workplace portal and a payroll-deduction scheme makes it attractive for employees. The ability of a corporate benefits platform to put an Isa into the context of ...
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Article
Stephen Moir leaves council role
Stephen Moir has left Cambridgeshire County Council, where he was corporate director of people, policy and law for the past two years.Moir took voluntary redundancy following implementation of the council’s shared service arrangement with Northamptonshire County Council.His previous roles include head of human resources at South Tyneside Council, human resources ...
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Analysis
Micro-motivation can inspire employees
If you read nothing else, read this… Micro-motivation is a way of ensuring each employee’s motivation levels are targeted in a manner that is specific to that individual. The employer must understand what drives individuals rather than taking a one-size-fits-all approach. Achieving micro-motivation in an organisation often comes ...
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Analysis
Quintiles ensures workforce is fit for purpose
Case study: Getting fit and saving money at QuintilesMinna Sheehan, territory manager for the Nicorette team with Johnson and Johnson at Quintiles, has worked for the organisation for 13 months. Her job involves visiting GPs, nurses and smoking cessation services to talk about the range of products and to organise ...
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Analysis
Total reward strategy gives the full picture
If you read nothing else, read this... Total reward has traditionally been divided into four categories: pay, benefits, learning and development, and working environment. It takes account of the fact that no two employees are seeking the same thing from their employment proposition. Total reward will see a resurgence as ...
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Analysis
Pensions governance: New names for managed funds
If you read nothing else, read this... The Association of British Insurers has changed the names of its managed fund sectors so pension scheme members will better understand the levels of risk associated with their fund choices. Clear descriptions of fund choices will become even more important when employers are ...
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Article
Pauline Wright joins Gallagher
Insurance firm Arthur J Gallagher has appointed Pauline Wright HR analyst.Her previous roles include compensation specialist at BlackRock Investment Management, senior compensation and benefits analyst at TK Maxx and its parent company TJX Europe, and compensation and benefits analyst at Joanna David HR Solutions.Wright has previously carried out pay and ...
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Analysis
Pensions governance supplement
Download a PDF of the Pensions governance supplementSponsor’s comment: Be ready for pension changesWhich adviser are you going to call?Contribution levels must be rightTechnology can handle auto-enrolmentNew names for managed funds
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Article
Vebnet and Vielife partner to offer health and wellbeing service
Vebnet and Vielife Online have partnered to offer a personalised health and wellbeing service to employers using Vebnet’s reward and flexible benefits technology.The arrangement enables staff to measure and monitor their sleep, stress, and physical activity levels through Vielife’s service, while encouraging them to make healthier lifestyle choices.An employee will ...