All Employee Benefits articles in Web Issue – Page 445
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Article
Alphabet extends fleet management services to Slovakia
Alphabet has partnered with UniCredit Fleet Management to extend its services in Slovakia.The Slovak offering will include fleet consulting, financing, tyre and repair services, payment of taxes and insurance costs, fuel cards, replacement cars, roadside assistance and legal insurance.Norbert van den Eijnden, head of Alphabet International, said: “BMW Group Financial ...
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Article
American Express, Centrica and Deutsche Bank among winners of Top Employers for Working Families awards
American Express, Centrica and Deutsche Bank were among the top winners of the Top Employers for Working Families awards.The awards, founded by Working Families in partnership with the Institute for Employment Studies, recognises organisations across the UK that do the most to support the work-life balance needs of their employees.The ...
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Article
My Family Care partners Australian provider Dial-an-Angel
My Family Care has partnered Australian provider Dial-an-Angel.The link-up will enable employers with offices in the UK and Australia to offer a consistent emergency care benefit to staff. Ben Black, founder and managing director of My Family Care, said: “A growing number of employers have realised helping staff with their ...
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Article
Centrica, Dell and Jaguar Land Rover shortlisted for Working Families awards
Centrica, Dell, Deutsche Bank and Jaguar Land Rover are among the organisations short-listed for the Top Employers for Working Families awards.The annual awards from Working Families rates the family-friendly policies for working parents and carers offered by UK employers.The shortlist is:The best for flexible working awardAccentureAllianz Insurance UKCentricaChwaraeTegDell CorporationThe best ...
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Article
Hitachi Data Systems switches to GPP and launches flexible benefits
Hitachi Data Systems has switched from a trust-based defined contribution (DC) pension plan to a group personal pension (GPP) and launched a flexible benefits scheme.The IT firm also plans to launch total reward statements in January 2012, rolling them out in the UK, the US and one Asia-Pacific country.Carol Baylis, ...
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Article
Employee Benefits Live: ICE Group closes DB pension scheme and saves money with new GPP
Since the Institute for Civil Engineers (ICE Group) closed its defined benefit (DB) pension scheme to future accrual and launched a group personal pension (GPP) scheme in 2010 it has saved £240,000 and reinvested in new benefits.Speaking at Employee Benefits Live, Ethan Kelly-Wilson, project director, human resources, ICE Group, said ...
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Article
UK Healthcare to launch cash plan at Employee Benefits Live
UK Healthcare will be introducing a corporate health cash plan at Employee Benefits Live, which will be held on 27 and 28 September at the Business Design Centre in London.The plan has been developed for organisations with over 50 employees, and starts at £1 per employee per week.UK Healthcare is ...
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Article
Confessions of a benefits manager: The road to ruin
US headquarters do not understand company cars, so Candid has her work cut out selling her new vehicle policy for EuropeBig Bad Boss is dead against me looking at the car policy again. He says the US will never allow us to make any changes, so any analysis is pointless. ...
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Article
Buyer's guide to private medical insurance
FOCUS ON FACTSWhat is private medical insurance? A group PMI policy enables employees to access private medical treatment quickly and at a time that is convenient to them. Policy benefits vary greatly, but plans will usually cover consultations, diagnostic tests and treatment, whether as an inpatient or an outpatient. They ...
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Article
GE Capital partners PSA Peugot Citroen in electric cars deal
GE Capital has signed an agreement with PSA Peugeot Citroen that will see the fleet provider purchase up to 1,000 electric cars to offer employers at a pan-European level.The agreement would see GE Capital lease electric cars across Belgium, France, Germany, Italy, Netherlands, Sweden, Portugal, Spain, Switzerland and the UK.In ...
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Article
Philips UK rolls out a salary sacrifice car scheme
Philips UK has introduced a salary sacrifice car scheme for all permanent UK employees.The scheme, which is provided by Zenith, is part of the organisation’s flexible benefits package.The cars in the scheme are restricted to a maximum 145g per km carbon dioxide.Nicolas Bedard, fleet manager at Philips UK, said: “It ...
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Analysis
Green focus for car salary sacrifice
If you read nothing else, read this . . . UK tax incentives naturally skew salary sacrifice company car schemes towards lower-emitting vehicles. Having an emissions cap on vehicle choice will naturally focus a scheme on greener vehicles. Further incentives for lower-emitting vehicles, or an extra levy on more polluting ...
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Article
Goddard Perry Consulting launches financial education service
Goddard Perry Consulting (GPC) has launched a financial education service called the Retirement Counsellor.Designed to assist employers and trustees with pension scheme communications, it will enable staff to consider which option at retirement is best for them.The service includes a bespoke pre-retirement report outlining all the choices, access to online ...
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Article
Friends Life harmonises family-friendly policies
Post-merger Friends Life has begun to harmonise family-friendly benefits and policies in an effort to retain working mothers.The financial services firm, created by the merger of Friends Provident and the life assurance business of Bupa and Axa UK, has been identifying heritage policies and benefits it wants to extend across ...
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Article
Zenith Provecta rebrands to Zenith
Fleet provider Zenith Provecta has rebranded as Zenith, three years after it acquired Provecta Car Plan.It has also introduced a new strapline: Intelligent Vehicle Solutions.Tim Buchan, chief executive officer at Zenith, said: “This is the next natural step in the organisation’s development.“We are in an exciting time in our progression ...
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Article
Secondsight to raise funds for Kenyan schools at Employee Benefits Live
Employee benefits adviser Secondsight will be raising funds for two Kenyan schools at Employee Benefits Live 2011.After a trip to Kenya, one of the firm’s partners, Darren Laverty, pledged to support the Amani Junior Academy and the Showers of Blessings school, both situated in Watamu, two hours north of Mombassa, ...
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Article
Pensions Management Institute launches affiliate grade membership
The Pensions Management Institute (PMI) has launched a new affiliate grade of membership that will invite employee benefits and retirement savings professionals to become members of the organisation without having to study for a qualification.The new membership grade is part of the PMI’s membership changes which take effect from today, ...
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Article
Scottish Widows research: British employees not prepared to discuss salary
Almost half (49%) of British employees are not willing to share salary details with colleagues, according to research by Scottish Widows.The Dare not ask survey found that 27% of respondents would not discuss their pay with friends, and 15% would not talk about salary with their family.Only 24% of respondents ...
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Article
Aviva launches online group risk claims system
Aviva has launched an online group risk claims system, which allows claim forms to be completed and submitted online.The new online claim form has been designed to capture enough information to determine within 24 hours what further documentation may be needed.Steve Bridger, head of group risk at Aviva, said: “The ...
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Article
ACA research: Employers look to cut pension spend ahead of auto-enrolment
A third of larger employers are looking to cut their spend on workplace pensions ahead of auto-enrolment, according to research by the Association of Consulting Actuaries (ACA).Out of the 468 employers surveyed for the 2011 Pensions trends survey, just over a quarter have budgeted for the cost of auto-enrolment.The larger ...