All Employee Benefits articles in Web Issue – Page 451

  • Analysis

    Getting staff engaged in online total reward statements

    2011-09-25T23:00:00Z

    If you read nothing else, read this . . . With pay rises under pressure, total reward statements are important as a retention and motivation tool. To be fully effective, online statements must be updated regularly and linked to an organisation's wider communication strategy. Integrating statements into a reward portal ...

  • Analysis

    Health and wellbeing: Mentally prepared

    2011-09-25T23:00:00Z

    If you read nothing else, read this . . . The government's welfare reforms strengthen the case for employers to offer robust provisions to address employee mental health. Mental health champions can be used to create an open culture and encourage staff with problems to come forward. The government's Access ...

  • Article

    EXCLUSIVE: London 2012 sponsors offer event perks to staff

    2011-09-26T08:30:00Z

    Organisations such as Freshfields Bruckhaus Deringer, Lloyds TSB, Sainsbury's and Scottish Widows are using their status as sponsors of the 2012 Olympic and Paralympic Games to offer staff incentives and benefits aligned with the events.They are giving employees the opportunity to attend an Olympics or Paralympics event. Law firm Freshfields, ...

  • Article

    Confessions of a benefits manager: Present and correct

    2011-09-26T08:31:00Z

    Presentations can be a pain in the neck for Candid, and a conference call with the US gives rise to unseen complicationsI don't mind making presentations. I don't get particularly nervous. At least I don't seem to, but I do get this funny neck-ache that appears as soon as I ...

  • Article

    EXCLUSIVE: RWE Npower sets new charity target

    2011-09-26T08:50:00Z

    RWE Npower is encouraging its staff to pull together to raise an additional £100,000 this year for its nominated charity, Macmillan Cancer Support, which is celebrating its centenary year.In October, the energy firm's 12,000 employees will be given time off to collect money for charity at Tesco and Morrisons stores, ...

  • Article

    EXCLUSIVE: Wolseley plumbs staff into £4.5 million bonus scheme

    2011-09-26T08:55:00Z

    Heating and plumbing company Wolseley has introduced a performance-related profit-share scheme that will pay out up to £4.5 million in bonuses to compensate in low salary increases.The scheme is available to 80% of the organisation’s 7,000 UK staff. The other 20%, including branch and sales managers, already have access to ...

  • Article

    EXCLUSIVE: RBS rolls out total reward statements in Asia Pacific

    2011-09-26T09:00:00Z

    Royal Bank of Scotland (RBS) Group is rolling out online total reward statements (TRS) for its employees based in Asia Pacific to reinforce its total reward package at a time of modest pay increases.The rollout began in Australia and Malaysia on 1 July and is due to end with Japan ...

  • Article

    Stadia Trustees launches investment directory

    2011-09-26T09:17:45Z

    Stadia Trustees, the provider of self-invested personal pensions (Sipps), has launched a directory offering a wide choice of investment products.The service, called SippWise, offers a wide range of investments from deposit accounts to more unusual alternative investments for both Sipps and qualifying recognised overseas pensions schemes (Qrops).Some of the more ...

  • Article

    Aviva Health research: Employers and staff believe productivity is directly related to health

    2011-09-26T09:44:21Z

    Three in five (63%) UK employers and over three-quarters (78%)† of employees believe that health has a direct effect on productivity, according to research by Aviva Health.The annual Health of the workplace report found that 47% of employers said that the impact of the recession has made them realise the ...

  • Article

    Spire Healthcare acquires Lifescan

    2011-09-26T09:55:08Z

    Private hospital group Spire Healthcare has announced the acquisition of Lifescan, the provider of CT health checks.The acquisition, which has been valued at £1.365 million, will help to diversify Sprire’s services and increase patient volumes.Lifescan operates within 12 Spire hospitals, as well as two standalone centres.Rob Roger, chief executive officer ...

  • Article

    The Pensions Trust launches flexible retirement website

    2011-09-26T10:08:14Z

    The Pensions Trust has launched a website to assist employers and defined contribution (DC) pension scheme members to manage flexible retirement plans.The website provides web-only administration for the flexible retirement plans, and interactive and informative tools for members, prospective members and employers.It also includes information on the plan, the options ...

  • Article

    Cable and Wireless extends new salary agreements and flexible working to staff in Jamaica

    2011-09-26T10:15:11Z

    Lime, Cable and Wireless Communications’ Jamaica business, has signed an agreement with unions which will deliver changes to working conditions, including new salary agreements and the introduction of flexible working.The memorandum of understanding (MOU) agreement, which is the first between the unions and Lime, seeks to create a more efficient ...

  • Article

    Debi O'Donovan, editor of Employee Benefits: Plenty to think about as 2012 approaches

    2011-09-26T10:17:00Z

    It has been so long coming that it might be easy to forget just how momentous the removal of the default retirement age will be for the future workplace.As of this month, no employee can be made to retire just because they have turned 65.Already, some employers have had to ...

  • Article

    Employee Benefits Live: Dairy Crest successfully closed final salary scheme to future accrual

    2011-09-27T15:46:41Z

    Dairy Crest closed its defined benefit (DB) scheme to future accrual, a move which saved the firm £700 million in future liabilities.Addressing delegates attending Employee Benefits Live 2011, which kicked off 27 September at the Business Design Centre in Islington, Rob Tansey, group HR director at Dairy Crest, spoke of ...

  • Article

    Employee Benefits Live: Google focuses on emotional wellbeing to make staff healthiest on the planet

    2011-09-27T15:47:38Z

    Emotional wellbeing is the most important part of making Googlers the healthiest employees on the planet.During the opening keynote session of Employee Benefits Live 2011 on 27 September, Oli Husemeyer, Europe, Middle East and Africa (EMEA) lead for ‘Optimize your life’ at Google, said that helping employees build emotional resilience, ...

  • Article

    Employee Benefits Live: McDonald’s Restaurants and John Lewis Partnership make TRS relevant to diverse employee groups

    2011-09-27T15:48:00Z

    McDonald’s Restaurants and the John Lewis Partnership have been using technology to make their total reward statements (TRS) relevant to their mobile and diverse employee bases.Neal Blackshire, benefits and compensation manager at McDonald’s Restaurants, and Jon C White, manager, leisure activities, leisure benefits at John Lewis Partnership, shared their experiences ...

  • Article

    Employee Benefits Live: Benefits managers should know as much as their corporate advisers

    2011-09-27T23:00:00Z

    Benefits managers should ensure they know as much as their corporate advisers do about how to search the market.Speaking in the session ‘How to carry out a benefits review and tender process’, Jane Richards, group HR – remuneration and benefits at The Royal Bank of Scotland Group, drew on her ...

  • Article

    Employee Benefits Live: Vodafone focuses on employee engagement

    2011-09-28T10:04:11Z

    Vodafone has increased its focus on employee engagement and communications to enhance employees’ experience of its flexible benefits scheme.Speaking at Employee Benefits Live 2011, Alissa Davis UK reward manager at Vodafone, explained how, following a staff survey in 2011, the telecommunications firm realised there was a lack of understanding and ...

  • Article

    Employee Benefits Live: Ceva Logistics reduces absence following launch of recognition scheme

    2011-09-28T10:07:27Z

    Ceva Logistics has improved sickness absence levels following the introduction of a recognition programme.Speaking at Employee Benefits Live 2011, Nik Butcher, head of reward at Ceva, explained that a staff survey showed that there were low levels of engagement within the organisation and that employees required appreciation from their employer.Ceva ...

  • Article

    Employee Benefits Live: Top strategies for controlling pension costs

    2011-09-28T10:09:07Z

    Opting for full systems automation, not having too many investment managers and looking carefully at legal costs are the top three strategies for controlling pensions costs, according to Penny Green, chief executive of Saul Trustee Company and managing director of STC Pensions Management.Speaking in the same panel debate on effective ...