All Employee Benefits articles in Web Issue – Page 514
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Staff are happier if they can use their own computer devices at work
Organisations that allow employees to bring their own computer devices (BYOD) to use at work are more attractive employers and enjoy better workplace morale, according to research by cloud computing firm Nasstar.The research, which surveyed 300 small and medium-sized enterprises (SMEs), found that allowing staff to use their own smartphones, ...
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Fidelius acquires Future Solutions Financial Group
Wealth management and employee benefits firm Fidelius has acquired employee benefits consultancy Future Solutions Financial Group.Alan Phillips, co-founder and managing director at Fidelius, said the acquisition supports the firm’s growth plan to acquire complementary organisations that fit its business service ethic and allow it to extend its geographic reach.The acquisition ...
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Barclays Corporate and Employer Solutions appoints Katharine Photiou head of workplace savings
Barclays Corporate and Employer Solutions has appointed Katharine Photiou head of workplace savings.Photiou, who has 20 years of experience in the employee benefits industry, joined from Mercer, where she was responsible for building its workplace savings platform.She has also worked in a number of senior roles at Friends Provident.Richard Phelps, ...
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Beecroft report on employment law published
The Beecroft Report on employment law has been published by the Department for Business Innovation and Skills (BIS).Business secretary Vince Cable said the report, which was written by venture capitalist Adrian Beecroft, has been published to dispel some of the myths that have been associated with it.He added: “Because of ...
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Employers struggle to pay salaries that keep up with inflation
Employers continue to struggle to close the gap between basic salaries and the cost of living, according to research by the Chartered Institute of Personnel and Development (CIPD).Its Spring 2012 Labour market outlook survey of more than 1,000 employers found that pay award expectations for the next 12 months have ...
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The Pensions Regulator sets out strategic focus for next three years
The Pensions Regulator (TPR) has set out its key areas of strategic focus for the next three years in its Corporate plan 2012-15.Over the period covered by the plan, TPR’s actions will include:Ensuring that employers are ready for auto-enrolment, tailoring its approach for businesses of different sizes;Continuing the progress made ...
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Nest launches guidance for communicating pensions to new generation
The national employment savings trust (Nest) has launched eight golden rules, aimed at helping employers to lead staff through the incoming pension reforms.The rules, which focus on removing jargon, are:Keep it real: Avoid abstract languageRights not responsibility: Tell people what they are entitled toOut with the old: Make pensions relevant ...
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Hymans Robertson launches auto-enrolment services for mid-sized employers
Hymans Robertson has launched a range of services to help mid-sized employers prepare for auto-enrolment.These will tackle four key stages of implementing auto-enrolment:Designing a solution for auto-enrolment.Turning the design into reality.Providing technical support.Reviewing the approach.Lee Hollingworth, head of defined contribution (DC) at Hymans Robertson, said: “The auto-enrolment journey for Britain’s ...
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InterContinental Hotels Group staff to receive pay rise as part of London living wage
InterContinental Hotels Group (IHG) employees will receive a five-year phased pay rise in support of the London living wage, currently set at £8.30 per hour by the Mayor of London.The group behind Holiday Inn and Intercontinental has committed to phased pay rises in each of its eight London hotels that ...
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18% of respondents receive a dental plan through their employer
Only 18% of respondents are offered access to a dental plan through their employer, according to research by Cigna UK.The study, carried out in conjunction with YouGov, found that almost a third of those who are not offered dental †benefits through their employer would like to be.The research coincides with ...
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Half of larger firms review employee benefits annually
More than half of organisations with 1,000-plus staff review the benefits they offer on an annual basis, according to research by Legal and General.The research found that two-fifths of organisations with between 10 and 100 staff do not plan to review the benefits they offer to staff in the foreseeable ...
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Thomsons Online Benefits to launch social gaming benefits campaign
Thomsons Online Benefits is to launch an online campaign called Benefits Games, which is designed to engage employees with benefits by using social gaming.It will provide an interactive way for key benefits messages to be communicated. For five days, starting on 28 May, the website will be available to share ...
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Akzo Nobel enters into £1.4 billion longevity insurance contract
Akzo Nobel has entered into a £1.4 billion longevity insurance contract to make its future pension costs more predictable.The agreement between the Azko Nobel (CPS) Pension Scheme and Swiss Re differs from most longevity hedging contracts. Swiss Re will retain the risk on its balance sheet, rather than pass it ...
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Enterprise and Regulatory Reform Bill outlines binding vote for shareholders
The Enterprise and Regulatory Reform Bill has been published, which includes giving shareholders binding votes on directors’ pay.Vince Cable, business secretary, presented the bill to Parliament.He said: “The measures in the Enterprise and Regulatory Reform Bill will help make Britain one of the most enterprise-friendly countries in the world.“It will ...
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Aviva launches anti-stress app
Aviva has launched a free application (app) called My Stress Kit to help employees manage their stress levels.The app, which is free to download on smart phones, can be included in employers’ health and wellbeing programme.Users have to complete a short quiz to identify their stress levels, as well as ...
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Age-old tradition of elevenses eroded by modern working practices
As the country prepares to celebrate the best of British for the Queen’s Jubilee, a study has found that the age-old tradition of elevenses has been eroded by modern working practices.The survey, conducted by juice producer PomeGreat, found that 54% of British workers now favour a mid-morning snack by 10:30 ...
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Admiral Group, Baringa Partners and Intuit UK are top winners at Best Places to Work 2012
Admiral Group, Baringa Partners and Intuit UK were among the UK employers named the Best Workplaces 2012.The UK’s Best Workplace programme, which is run by Great Places to Work UK, consists of an annual employee survey and management culture audit, which pinpoint and evaluate specific aspects of an employer’s people ...
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BBC journalists accept 1% pay rise
BBC journalists have accepted a 1% pay rise, calling off strike action that was threatened for June.The pay offer for 2012-13 will include a minimum increase of £400 per employee.The agreement is a joint deal between the Broadcasting, Entertainment, Cinematograph and Theatre Union (BECTU) and the National Union of Journalists ...
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Asos.com management staff to split £66m in shares
Asos.com management staff are to split £66 million in shares, as part of a plan to incentivise and reward its management team.The online retailer’s chief executive and founder Nick Robertson will receive shares worth nearly £25 million, while three directors will receive £35 million, and three senior managers will receive ...
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BT sharesave scheme to pay out average of £8,000 to staff
BT employees are to receive an average payout of £8,000 as a three-year sharesave scheme matures.The organisation will also pay a £250 bonus to all UK employees to recognise the achievements of the business over the last three years.The sharesave scheme was launched in 2009 with shares available to BT’s ...