All Employee Benefits articles in Web Issue – Page 526
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Article
Employee Benefits Awards 2012: Most effective reward or benefits strategy for staff based outside the UK
WINNERAmerican Express, Global Benefits GovernanceThis entrant introduced a new international reward strategy that reduced its total benefits costs and used the dividends from pooling arrangements to fund health and wellness benefits around the world.The Global Benefits Governance programme, which went live in 11 countries across Japan Asia-Pacific and Australia, and ...
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Article
Employee Benefits Awards 2012: Most effective motivation or incentive strategy
WINNERMerlin Entertainments, Merlin Global Recognition Schemes: Star and CEO Award PlanMerlin Entertainments impressed the judges with its introduction of two global motivation and recognition schemes for all staff after rolling out new company values across the business. The new schemes replaced more than 20 previous ones, which were owned at ...
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Article
Employee Benefits Awards 2012: Benefits team of the year
WINNERKraft Foods, entered by BenefexThe benefits and reward team at Kraft Foods successfully tackled the huge challenge of harmonising employee terms and conditions in 2011 following the organisation’s high-profile acquisition of Cadbury.For the Cadbury acquisition to be a success, each member of the team was involved in the complex task ...
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Article
Employee Benefits Awards 2012: Employee benefits specialist of the year
WINNERFrancis O’Mahony, head of employee share plans and share registration, BTFrancis O’Mahony was voted this year’s Employee Benefits Specialist of the Year because of his pioneering work on workplace savings and dedication to financial education at BT. This year, BT took the award for ‘Most effective strategy to encourage workplace ...
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Article
Employee Benefits Awards 2012: Employee benefits professional of the year
WINNER Debra Corey, group compensation and benefits director, Merlin EntertainmentsDebra Corey is a much-admired, charismatic and highly respected figure in the employee benefits world. Before joining Merlin Entertainments, she had built up a high profile in reward by taking on the challenges of senior roles at a number of well-known ...
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Article
Employee Benefits Awards 2012: Grand Prix
WINNERMcDonald's RestaurantsMcDonald's Restaurants was voted winner of this year's Grand Prix award because of its textbook approach to aligning its reward strategy with the needs of the business and its effective development of an employee brand.The organisation reduced staff turnover and increased sales significantly after discovering a strong correlation between ...
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Article
Employee Benefits Awards 2012: Meet the Judges
Panel chairDebi O’Donovan is editor of Employee Benefits and is responsible for editorial strategy across events, web and the magazine.Panel chairDebbie Lovewell, deputy editor of Employee Benefits, is an award-winning journalist who is responsible for news and features across the magazine and website.Panel chairDev Raval is director of reward at ...
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Article
B. Braun Medical receives payroll accreditation
Healthcare supplier B. Braun Medical has been accredited with the Payroll Quality Partnership (PQP) from the Chartered Institute of Payroll Professionals (CIPP).The PQP recognises employers that apply best practice in the development of their payroll professionals. It was launched in 2007 to provide a standard for performance management in payroll.There ...
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Analysis
Group risk: How providers give added value
If you read nothing else, read this… Group income protection (GIP) providers are increasingly offering added-value services, including employee assistance programmes (EAPs), line management training and absence management services, as part of their premium to help boost take-up. Employers can further enhance GIP product take-up by regularly raising awareness of ...
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Analysis
The appeal of master trust pension schemes
If you read nothing else, read this… Master trusts can offer employers reduced pension administration costs and increased governance. The cost efficiencies obtained through a master trust are likely to depend on a number of factors, such as the age profile of pension scheme members and staff turnover. One disadvantage ...
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Article
Co-operative Group conducts pension review to prepare for auto-enrolment
The Co-operative Group has conducted a review of its retirement benefits to ensure it is prepared for its auto-enrolment staging date in January 2013.The group, which has more than 100,000 employees, will enrol its 40,000 employees who do not currently contribute to a workplace pension scheme in a defined contribution ...
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Article
Confessions of a benefits manager: Network premiere
Candid sets up a networking group to share information and avoid using consultants, but an American contact is hard to convinceIf Big Bad Boss asks me what our competitors are doing one more time, I think I am going to scream. It doesn’t matter what industry-specific market data I come ...
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Case Studies
HarperCollins goes digital in reward and benefits
As the book publishing industry moves into the digitised space, HarperCollins’ director of people, John Athanasiou, is helping to ensure the firm’s benefits, communications and working patterns are aligned with this shift.Athanasiou is well equipped to oversee this change, thanks to seven years at Warner Music UK, latterly as head ...
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Analysis
Using benefits to support employees with sports-related injuries
If you read nothing else, read this… Most large employers offer some level of support to help staff lead a healthy life, ranging from gym membership to charity sports events. Employees are typically expected to take responsibility for their own health and safety when taking part in work-related sports activities. ...
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Analysis
Pension schemes prominent in Brazil
If you read nothing else, read this… Brazil’s pensions regime is considered by many actuaries to be one of the most sophisticated in the world. Just 30% of Brazil’s private pension provision is defined benefit (DB), yet these schemes represent about 70% of pension assets under management. Employers ...
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Article
Buyer's guide to corporate Isas
Focus on factsWhat are corporate Isas?A corporate individual savings account (Isa) is a corporate version of an Isa that an employer can offer to employees on a collective basis, often through a payroll deduction or direct debit facility.Where can employers get more information?Read more about corporate Isas.Who are some of ...
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Article
Goddard Perry changes master trust charging structure
Goddard Perry has changed a range of charging structures for its master trust pension scheme.Its scheme, The Pension Master Trust, now offers a choice of charges, which include a one-time charge of 0.5% and an annual management charge (AMC) of 0.3% with a monthly charge of £1.Steve Goddard, managing director ...
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Analysis
Group Risk: Sponsor's comment
Employees must be made aware of all the benefits of group income protection, says Declan White, head of group protection strategy and marketing at Friends LifeToday's group income protection (GIP) policies provide more than a replacement income. They also help employers to prevent and manage absence, and maintain a fit ...
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Article
Interview with Thomas Humphris, head office HR and UK reward director at Informa
Q&AWhat attributes do you use in your role?Creativity and enthusiasm. I love injecting enthusiasm into any task. I believe it rubs off on others.Who is your role model?I love [Virgin Group founder and chairman] Sir Richard Branson’s entrepreneurial approach to everything he does. He has established a fantastic brand for ...
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Analysis
Group risk: What to do when rebroking
If you read nothing else, read this… The hardening of group risk rates is resulting in rebroking focusing on factors other than price. Specialist intermediaries can review group risk product features on behalf of employers. SME intermediaries may restrict product comparisons to two or three insurers. Holding ...