All Employee Benefits articles in Web Issue – Page 427
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Article
Oracle completes roll out of group personal pension plan
Oracle has completed the roll out of its group personal pension (GPP) plan after launching the benefit to the remainder of its UK-based staff.The last group of employees to be to be introduced to the GPP, which replaced 31 pension schemes when it was introduced last year, used to work ...
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Heineken UK introduces new defined contribution pension scheme
Heineken has introduced a new defined contribution (DC) pension scheme as part of changes to its pension provision for existing and new employees.As part of the changes, the beer and cider firm has also closed its defined benefit (DB) scheme to new employees and stopped future accrual for existing employees.The ...
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Article
MetLife research: Employees fail to plan for financial security
Employees are failing to act on fears for financial security by planning for retirement, according to new research by MetLife.Despite the global financial crisis, the MetLife 2011 International Employee Benefits Trends Survey found that many employees across Australia, Brazil, India, the UK and Mexico, under-save, lack retirement planning and irregular ...
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Findel implements fleet risk policy
Findel has implemented a driver risk policy called DriveSecure.The policy was launched as a result of the online retailer seeking to find a solution to manage its duty of care, and corporate and social responsibilities.DriveSecure provides a tailored programme to all fleet drivers which continues through the vehicle life.Roz Byrom, ...
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NAPF elects Mark Hyde Harrison chairman
The National Association of Pension Funds (NAPF) has elected Mark Hyde Harrison its new chairman.He will succeed Lindsay Tomlinson whose two-year term of office ends at the NAPF annual general meeting on 21 October 2011.Hyde Harrison was elected by the NAPF retirement policy and the investment councils, the main bodies ...
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Metlife research: Private sector employers consider cutting holiday to reduce benefits costs
A quarter (25%) of private sector employers are considering cutting holiday entitlement for staff in order to reduce the costs of employee benefits, according to research by MetLife.The Metlife 2011 International Employee Benefits Trends Survey, which surveyed 403 small and medium enterprises (SMEs), revealed that 27% of organisations believe they ...
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Article
Employee Benefits Awards 2011: Most effective healthcare and wellbeing strategy for organisations with fewer than 1,000 staff
WINNERCA Technologies, Balance Your LifeThis technology firm launched its wellness programme, Balance Your Life, in May 2009 for its 790 UK employees, because it saw a need to introduce a programme to combat steadily increasing healthcare costs resulting from higher-than-average claims for its sector. It also wanted to address the ...
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Employee Benefits Awards 2011: Most effective healthcare and wellbeing strategy for organisations with more than 1,000 staff
WINNERAmerican Express Services Europe, Healthy LivingStrategy and ProgrammeThis entrant won this category in recognition of the work it has delivered to employees in promoting health and wellbeing as a global strategy.American Express began implementing its Europe, Middle East and Asia (EMEA) Healthy Living Strategy and Programme in February 2010 and ...
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Employee Benefits Awards 2011: Communications strategy of the year for organisations with fewer than 5,000 staff
WINNERSage UK, Select entered by Thomsons Online BenefitsAs a business management software firm, Sage UK’s employee demographics presented it with a number of communications challenges. It has a diverse employee base working in customer services, sales, research anddevelopment, IT and central functions, and needed communications that could break through the ...
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Employee Benefits Awards 2011: Communications strategy of the year for organisations with more than 5,000 staff
WINNERSiemens, Siemens Benefits Scheme entered by Towers WatsonSiemens was the clear winner in this category for its innovative and clear strategy in communicating its pension scheme. Its ‘Don’t be a Wilf” campaign, which the judges called fun, engaging and memorable, centred on Wilfred Wrongturn, a hapless cyber pensioner.Wilf was introduced ...
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Employee Benefits Awards 2011: Most effective benefits strategy for organisations with fewer than 1,000 staff
WINNERThe City and Guilds of London Institute, Imagine entered by Thomsons Online BenefitsThis entrant offered a creatively branded benefits package via an online portal to support its objectives and business transformation. The strategy also had to address union demands relating to pay at a time when City and Guilds could ...
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Employee Benefits Awards 2011: Most effective benefits strategy for organisations with more than 1,000 staff
WINNERFirst Group, My RewardsIn April 2010, this entrant introduced a secure website for its reward package My Rewards, giving employees a single hub to access benefits. Although the internet is commonly seen as an inappropriate medium to deliver benefits to transport sector employees, First Group chose to challenge this in ...
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Article
Love2reward introduces two new gift card products
Love2reward has introduced two new employee benefits products to its portfolio: Flexebens and Flexesaver.Flexebens is a gift card which offering 7% discount at 23 high street retailers such as River Island, Debenhams, Comet and Boots. Employers can offer the gift card via a salary sacrifice arrangement or through online payments ...
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Employee Benefits Awards 2011: Most effective use of a voluntary benefits plan
WINNERCancer Research UK, CR-UK RewardsThe judges were impressed by this charity organisation’s belief that, if at first you don’t succeed, try, try again. When Cancer Research UK’s previous voluntary benefits scheme suffered from very low take-up levels, a lack of promotion and a sign-up process that seemed to discourage staff ...
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Employee Benefits Awards 2011: Most effective use of a flexible benefits plan
WINNERCisco, i-Benefit@Cisco entered by Thomson Online BenefitsCisco was the outright winner in this category because of its input from top leadership, the speed at which the new package was delivered to staff, its focus on aligning its employee profile and business brand, and the impressive savings worth more than £1 ...
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Article
Employee Benefits Awards 2011: Most effective travel strategy for business and perk car drivers
WINNERInterserve Project Services, Fleet Carbon Reduction Scheme entered by The Miles ConsultancyThis entrant’s UK car strategy is closely aligned with its business needs to provide transport for almost 1,300 drivers, as well as its corporate social responsibility goals to reduce greenhouse gas emissions. Almost all the fleet is classified as ...
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Employee Benefits Awards 2011: Most effective pensions strategy
WINNERInstitution of Civil Engineers entered by SecondsightThe Institution of Civil Engineers Group dealt with the closure of its final salary pension scheme in a fair and responsible way, while taking into account employees’ negative reactions to the changes. Generous employer-funded contributions were offered for members to sweeten the pill for ...
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Employee Benefits Awards 2011: Most effective sickness absence management strategy
WINNERCisco, i-Benefit@Cisco entered byThomsons Online BenefitsAs winner of this category, Cisco demonstrated the implementation of a sickness absence management scheme that reduced the high number of staff on long-term sick leave and tackled the underlying causes of ill-health.With a high-performing culture and long working hours, Cisco was affected by high ...
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Employee Benefits Awards 2011: Most effective motivation or incentive strategy
WINNERThe Pensions Trust, Rewards and Benefits ProgrammeA key part of this entrant’s people strategy is what it describes as the deal between the employer and the employee. This refers to what it means to work for The Pensions Trust and the benefits of the employment relationship for both parties. A ...
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Employee Benefits Awards 2011: Most effective benefits strategy for working parents or carers
WINNERUniversity of Lincoln, UOL Total Reward and WellbeingThe clear winner in this category, this entrant proved that public sector funding is not an obstacle to offering a wide scope of benefits to achieve a healthy work-life balance.The diverse workforce at the University of Lincoln includes a number of people with ...


