All Employee Benefits articles in Web Issue – Page 511
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British Nutrition Foundation launches online health and wellbeing training for employees
The British Nutrition Foundation (BNF) has launched the first module in a series of online training packages, which can be incorporated into an organisation’s health and wellbeing programme for staff.The module, ‘Introduction to healthy eating and nutrition’, can also be used as a standalone course and takes up to four ...
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HMRC to rewrite RDR guidelines
HM Revenue and Customs (HMRC) is to rewrite its retail distribution review (RDR) consultancy charging guidelines, reports Employee Benefits’ sister publication, Money Marketing.Under the retail distribution review (RDR), after 1 January 2013, all independent financial advisers and employee benefits consultants will be remunerated on a fees rather than a commission ...
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EXCLUSIVE: Northern Rail increases employee engagement year-on-year
Northern Rail has increased employee engagement year-on-year, according to the results of its latest engagement survey.The train company has been conducting the survey among its 4,800 employees since 2009. It measures five engagement areas: reward, work environment, training and development, and line-of-sight (an awareness of business objectives and performance management).†In ...
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MetLife Assurance: Employers take primary responsibility for de-risking pension schemes
Employers have become more engaged with the management of defined benefit (DB) pension schemes and increasingly take primary responsibility for de-risking, according to research by MetLife Assurance.The research found that 61% of respondents with turnover of more than £1 million accept primary responsibility in partnership with trustees or sole responsibility ...
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Consultation opens on MPs’ pay and pensions
The Independent Parliamentary Standards Authority (IPSA) has launched an informal consultation on MPs’ pay.The informal consultation was launched on 2 May on the IPSA’s website. It includes background information on MPs’ pay and pensions, a public poll and a blog by IPSA chair Ian Kennedy.The consultation stated: “As we get ...
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Scottish Life launches tool to improve employers' knowledge of auto-enrolment
Scottish Life, the pensions specialist arm of the Royal London Group, has launched a knowledge builder, designed to help employers improve their knowledge of auto-enrolment and their employer duties under the pension reforms.The knowledge builder, which is available as an online site or a hard-copy leaflet, is broken down into ...
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Patrick Watt joins Bupa Health and Wellbeing
Bupa Health and Wellbeing has appointed Patrick Watt as director of corporate within its sales and marketing team.Watt joins Bupa from Goldman Sachs, where he was executive director responsible for health and wellness in Europe, the Middle East, Africa and India.The role at the global investment banking and securities firm ...
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QBE Insurance Group receives Pension Quality Mark for staff pension
QBE Insurance Group has received the Pension Quality Mark (PQM) for its staff pension scheme.Awarded by the National Association of Pension Funds (NAPF), the PQM recognises defined contribution (DC) pension schemes with total contributions of 10% of an employee's salary, which includes a minimum employer contributions of 6%.Almost 150 UK ...
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Teachers support link between their pay and performance
Three-quarters of teachers surveyed believe that their annual salary increases should be linked to performance, according to research by the Sutton Trust.The research, which surveyed nearly 1,700 teachers from 1,200 primary and secondary schools across England, was commissioned by the Sutton Trust and carried out by the National Foundation for ...
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CIPP to take part in real-time information pilot
The Chartered Institute of Payroll Professionals (CIPP) is to take part in a pilot of the real-time information (RTI) programme from July 2012.†Ten volunteer employers, including HM Revenue and Customs (HMRC) started the pilot programme in April.RTI is intended to make it easier for employers, providers and HMRC to administer ...
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Shareholders voting against executive pay plans increases as consultation closes
Pressure to reject executive pay plans at organisations such as Aviva and AstraZeneca increased just a week after the Department for Business Innovation and Skills (BIS) closed its consultation on executive pay and enhanced shareholder voting rights.Aviva lost a shareholder vote over its executive pay plans on 3 May, while ...
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European Court ruling clarifies holiday entitlement for employees off work due to illness
The European Court of Justice has further clarified the issue of employees carrying over untaken leave and how much holiday those absent from work due to illness should receive.In 2 May's judgement of the German case Neidel vs Stadt Frankfurt Am Main, the European Court rejected a claim made by ...
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Tree surgeon finds high-flying workplace companion
Employees working alone may not get the same opportunities to boost their wellbeing by chatting with fellow colleagues as those in traditional workplaces. However, tree surgeon Michael Hickling is far from lonely in his job after he found a chatty companion that is not afraid of heights.When Hickling is harnessed ...
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Mercer partners Equus Software to manage expatriate employees
Mercer has partnered with Equus Software to provide an international assignment management software system to its employers.The system, AssignmentPro, manages all aspects of expatriate administration, from payroll reporting to pay tracking.It includes:Integration with many HR platforms allowing for complete automation of payroll and email systems, as well as employee communications.The ...
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KPMG appoints David Ellis lead of UK reward practice
KPMG has appointed David Ellis partner to lead its UK reward practice.With more than 15 years’ experience in reward, employment tax and expatriate tax, Ellis was formerly head of human capital at BDO. He also spent eight years at Ernst and Young, and qualified as a solicitor at law firm ...
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Gartmore Group pension scheme enters into buy-in agreement
Gartmore Group’s defined benefits pension scheme has entered into a buy-in agreement with Pension Insurance Corporation (PIC).The transaction covers around £160 million of liabilities and all 600 members of the Gartmore Pension Scheme.The trustee of Gartmore Group’s pension scheme was advised by Lane Clark and Peacock (LCP) and Sacker and ...
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Health Shield joins anti-fraud industry group
Health Shield has become a member of the Health Insurance Counter Fraud Group (HICFG), the organisation designed to stamp out fraud in the healthcare market through joint working and shared intelligence.By becoming an associate member of the industry group, the health cash plan provider Health Shield has taken a firm ...
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Eversheds relaunches second-opinion medical service
Law firm Eversheds has relaunched its second-opinion medical service and aligned it with its private medical insurance (PMI) scheme.The Best Doctors service, which allows employees to seek a second opinion on any medical diagnosis, was first launched in May 2010.The relaunch took place in March, with communications via posters and ...
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Food industry promotes health at work
The Food and Drink Federation (FDF) has launched a free toolkit for employers to use to encourage their employees to lead a healthier lifestyle.Expert adviser on health at work at the Department of Health Dame Carol Black launched the toolkit at Coca-Cola Great Britain’s head office in Hammersmith during last ...
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Love2reward launches e-code voucher
Reward and incentive provider Love2reward has launched flexecodes, a multi-retailer e-code voucher for the corporate market.Flexecodes is an instant reward mechanism to use for staff rewards, sales, promotions and incentives.Flexecodes are delivered via email and allow recipients to choose from a wide range of online retailers such as Amazon, iTunes, ...