All Employee Benefits articles in Web Issue – Page 465
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BT, Electrocomponents and Tesco shortlisted for IFS Proshare awards
BAE Systems, BT, Electrocomponents, Royal Dutch Shell, Tesco and Vodafone are among the organisations that have been shortlisted for the IFS Proshare Annual Awards 2011.Electrocomponents is a finalist in the ‘Most effective communication of an employee share plan (1,001 – 15,000 employees)’ category, for the clear and concise communication of ...
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Sandvik AB develops global pension risk management strategy
Sandvik AB is to develop a global pension risk management strategy in over 15 countries.The global engineering group, headquartered in Sweden, has appointed Mercer to provide multiple global actuarial, pensions and benefits services for over 40,000 employees internationally.As well as developing the global pension risk management strategy, Mercer will also ...
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CBI/Harvey Nash research: Pay freezes are decreasing
The proportion of UK employers freezing pay has declined, according to research by Confederation of British Industry (CBI) and Harvey Nash.Staying the Course, the CBI/Harvey Nash employment trends survey, found that, among private sector organisations, only one in eight (12%) respondents plan to freeze pay at their next review.The figure ...
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Aviva research: A third of employees would struggle financially if off work with illness for a month
Almost a third (30%) of UK employees could survive financially for less than one month if they were receiving statutory sick pay when off work ill, according to research by Aviva.†The survey of 1,000 employees and 500 employers found that just over half (52%) could survive for three months, while ...
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Hays research: Employees concerned about pay and benefits offered by SMEs
Small organisations may be losing out on the most talented employees due to concerns among jobseekers around pay and benefits, according to research by Hays.Almost half (49%) of those surveyed believe salaries are not as competitive as at larger organisations, and over half (55%) believe smaller businesses are not able ...
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Reckitt Benckiser incentivises staff to cycle to work
Reckitt Benckiser has rolled out a discount and reward programme around cycling, which offers employees extra perks to commute to work by bike.The scheme was launched with PleaseCycle on 1 November. The consumer goods company has already logged mileage equivalent to cycling three lengths of Britain, saving four London-Paris flights ...
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Friends Life rolls out employee guide to auto-enrolment
Friends Life has launched a five-point guide for employees to learn about auto-enrolment.The introductory tips to familiarise employees with the upcoming changes are:Where are you now? The ins and outs of pension saving are not always high on the agenda at the start of a new job, so a good ...
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Zenith introduces employee share scheme
Fleet leasing provider Zenith has launched an employee share scheme to invest in the future of its staff.†The growth share plan is designed to reward loyalty, incentivise and continue to attract employees.It allows employees the opportunity to buy shares in Zenith, paying market price and holding the shares permanently in ...
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EXCLUSIVE: Cognizant Technology Solutions rolls out reward statements across Europe
Cognizant Technology Solutions will roll out online total reward statements (TRS) to its staff based in Belgium, France and Germany, after successful launches in the UK and the Netherlands in April 2011.The IT firm will introduce the statements in Belgium, France and Germany in early 2012, followed by launches in ...
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Mercer research: Employers to spend more on high performers in 2012
Employers are planning to spend more on their high performers in 2012, according to research by Mercer.The poll of attendees at Mercer’s 2012 compensation planning in Europe, Middle East and Africa (EMEA) webinar, found that 44% of employers would spend more on their top performers compared to an average performer, ...
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Deloitte staff celebrate diversity in the workplace
Deloitte employees took part in Diwali festivities, as the firm’s month-long diversity celebrations came to a close.An evening of celebrations included a panel debate on how diversity can be beneficial in the workplace.Particpants in the debate included: international cricketer, Ravi Bopara; Deloitte chairman David Cruikshank, the firm’s Hindu network leader, ...
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CIPD research: Reward professionals are concerned about reward risks
The majority (78%) of reward professionals continue to be concerned about their organisation's ability to manage reward risks, according to research conducted by the Chartered Institute of Personnel and Development (CIPD).In particular, employers are concerned about achieving the balance between affordability and the need to offer competitive reward packages, as ...
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The Pensions Trust appoints Cardano UK as investment adviser
The Pensions Trust has appointed investment adviser and fiduciary manager Cardano UK to work on its £800-million growth plan.Keith Nunn, chair of the investment committee at The Pensions Trust, said: “Vital for us was finding a pro-active adviser that could bring us fresh ideas and help us to implement them ...
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Servisair employees get bonus for identifying excess baggage
Servisair employees working at John Lennon airport in Liverpool are being offered a bonus for every Ryanair passenger they catch with excess baggage. Staff working for baggage handler Servisair are reportedly given a bonus for every bag they flag as too heavy, but are only eligible for the payment once ...
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The new pension duties are coming
Written by our channel sponsor, StaffcareThe new pension duties are coming.Read the White Paper from Staffcare
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O2 research: Majority of UK employees feel employers support flexible working
Almost three-quarters (73%) of UK employees feel their employers support flexible working opportunities, according to research by O2.The study, which examined the future of work and flexible working in UK organisations, surveyed 1,167 UK workers.The respondents acknowledged the benefits flexible working brings, with 54% stating that it helps strike a ...
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TUC research: Public sector pension reforms will hit the lower paid
Government assurances that changes to public sector pensions will not hit low-paid public sector workers earning less than £15,000 a year are misleading, according to research from the Trades Union Congress (TUC).More than 750,000 public sector employees are earning less than this, the overwhelming majority of whom are women, will ...
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Grant Thornton offers pay-as-you-go gym membership to staff
Accountant firm Grant Thornton has added a pay-as-you-go gym membership scheme to its health and wellbeing package.The scheme, provided by Payasugym, offers staff access to over 200 gyms and health clubs.Employees can visit any of the participating gyms, only paying for the gym sessions that they actually use. There are ...
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Pitney Bowes research: Almost half of SMEs will not throw a Christmas party
Almost half (48%) of small and medium-sized enterprises (SMEs) are not planning a Christmas party this year.The research, commissioned by communications firm Pitney Bowes and carried out by YourSayPays, surveyed 500 small organisations across the UK.Of the 52% of organisations that are hosting a Christmas party for staff, 91% intend ...
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Flu jabs for NHS staff almost triple in 2011
The number of NHS employees in England who have been vaccinated against the flu in 2011 has almost tripled compared to last year, according to figures from the Department of Health. The weekly flu information shows that 29% of NHS workers have been vaccinated this year, compared to 11% in ...