All Employee Benefits articles in Web Issue – Page 419
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Article
Scottish Widows research: More staff seek pension help
The number of people turning to their employer for guidance on their pension is at its highest level in five years at 19%, according to the Scottish Widows UK Pensions Report 2011.The report, which surveyed more than 5,000 people, found the number who turn to friends and family as a ...
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Article
University of Lincoln introduces website for staff to plan retirement
The University of Lincoln has introduced a website to help staff with retirement planning.The site, launched with provider Retirement Education Services in response to the removal of the default retirement age, forms part of the university’s retirement benefits package, which also includes fitness classes at the campus sports centre, pension ...
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Article
Aviva research: Nearly a third of family heads pay into workplace pension
Nearly a third (28%) of the primary earners in UK families are paying into a workplace pension, according to new research from Aviva.The second quarterly Aviva Family Finances Report revealed that 72% of family heads do not belong to a workplace pension because their employer does not offer one (43%), ...
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Article
Jelf Employee Benefits research: Employers unaware of removal of the default retirement age's impact on pensions
Nearly three-quarters (72%) of employers do not appreciate the impact of the abolition of the default retirement age (DRA) on their pension offering and cost, according to a survey conducted by Jelf Employee Benefits.When asked which of the upcoming, or proposed, changes would cause the biggest problems for employers, respondents ...
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Article
Tesco announces new approach to executive remuneration
Tesco has announced a new approach to executive remuneration which includes common remuneration arrangements with a group focus and the removal of share options.Announced in Tesco’s 2010/2011 annual report, the new framework will see all executives, including the chief executive officer (CEO) and the US CEO, participate in the same ...
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Article
Helm Godfrey acquires Truestone Employee Benefits
Wealth management firm Helm Godfrey has acquired Truestone Asset Management’s employee benefits business, Truestone Employee Benefits.The deal, which will see Truestone’s employee benefits team relocate to Helm Godfrey's headquarters in the City of London, will take turnover for the combined business to over £7 million.Truestone Employee Benefits was launched in ...
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Article
Iron Mountain research: British workers waste time looking for files
Looking for important documents and files on work computers can seriously damage employee morale, as well as drain an employer’s time and money.New research by Iron Mountain, which found that over half (58%) of British office workers have struggled to find important documents and files on their work computer, supports ...
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Article
Hay Group launches human resource management service
Hay Group has launched a new human resource management product.Hay Group Spectrum is an evolution of the consultancy’s job evaluation service which is used by employers to analyse, understand and measure the work that occurs in their business.It helps employers to optimise how they reward employees, how they design jobs, ...
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Article
Europ Assistance partners with Premier Occupational Healthcare
Europ Assistance has partnered with Premier Occupational Healthcare to provide employers with services that increase staff wellbeing and productivity, and reduce sickness absence.Europ Assistance has been supporting Premier Occupational Healthcare’s existing customer base since early April, providing an administration function and appointment-making service for employers requiring a range of occupational ...
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Article
Close Asset Management research: Employers unaware of auto-enrolment
More than half (61%) of employers are unaware of auto-enrolment for pension schemes, coming in as part of the 2012 pension reforms.Research from Close Asset Management, which surveyed 2,000 UK employers, also found that nearly two-thirds (65%) of those unaware of the impending changes said they will be providing extra ...
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Article
Vodafone is 100th employer to be awarded the Pension Quality Mark
Vodafone has been awarded the Pension Quality Mark (PQM) from the National Association of Pension Funds (NAPF) for its staff pension scheme.The accreditation distinguishes pension schemes that are well run by employer, with good contribution rates, and which are clearly communicated to employees.The mobile phone provider is the 100th employer ...
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Article
Standard Life releases statement on Gerry O'Neil
Standard Life has released a statement on its earlier suspension of Gerry O'Neil.O'Neil, the former managing director of corporate solutions, was suspended in mid-May.He had joined Standard Life in October 2008 when Vebnet, where he was chief executive, was acquired.The statement from Standard Life said: "Gerry O'Neil has decided to ...
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Analysis
Mergers & Acquisitions Supplement 2011
Download a PDF of the Mergers & Acquisitions supplementDue diligence is vitalPay restructuring may be neededThe DC pension choicesDB pension liabilitiesTotal reward aids integrationSponsor’s comment: Reward teams help seal the dealEditor’s CommentA merger or acquisition poses many challenges for employers. Alongside the logistical issues thrown up by the gargantuan task ...
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Article
Employee Benefits/Pruhealth Healthcare Research 2011
Download a PDF of the Employee Benefits/Pruhealth Healthcare Research 2011Healthcare research 2011: Key findingsHealthcare research 2011: AttitudesHealthcare research 2011: Current issuesHealthcare research 2011: PackageHealthcare research 2011: ChangesHealthcare research 2011: CostsHealthcare research 2011: StressHealthcare research 2011: InternationalEditor’s commentOur 13th annual healthcare research shows that using a health and wellbeing strategy to ...
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Article
Healthcare Research 2011: Package
Employee assistance programmes have taken over top spot in core healthcare benefits, and dental perks are the top voluntary choice, says Jennifer PatersonEmployee assistance programmes (EAPs), outsourced occupational health departments, workstation health audits and private medical insurance (PMI) for employees continue to rank highly on the leaderboard of core healthcare ...
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Article
Healthcare Research 2011: Changes
Many employers intend to increase their healthcare benefits offer after focusing on communication to obtain better value in the past year, says Jennifer PatersonWhen it comes to increasing the healthcare benefits they offer, the percentage of employers that say they are likely to do so in the coming 12 months ...
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Article
Healthcare Research 2011: Costs
Healthcare benefits spend is increasing and more employers are using brokers, but most still do not calculate their return on investment, says Jennifer PatersonMost respondents use an intermediary or broker to buy healthcare benefits. The use of intermediaries or brokers continues to rise, with 75% of respondents doing so this ...
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Article
Healthcare Research 2011: International
There is an upward trend in the proportion of employers offering healthcare perks to expatriates and those running a multinational pooling trust, says Tynan BartonA key attraction for internationally mobile employees is a comprehensive healthcare benefits package. This is perhaps not surprising as it can help to provide peace of ...
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Article
Healthcare Research 2011: Stress
The slowly improving economy has reduced the pressure to combat workplace stress, but current public sector cuts could create a new need, says Tynan BartonAs the economy has inched further towards recovery in the past year, fewer employers have implemented a strategy to reduce workplace stress. The proportion taking steps ...
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Article
Healthcare Research 2011: Current issues
The impending removal of the default retirement age has caused employers to assess their benefits strategies, and costs are still under pressure, says Tynan BartonIn the current economic climate obtaining value for money on perks is a continuing focus, with 14% of respondents having reviewed healthcare benefits providers in the ...