All Employee Benefits articles in Web Issue – Page 533
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Article
Fair Care launches smaller-scale bikes-for-work scheme
EXCLUSIVE: Fair Care has launched a version of its bikes-for-work scheme for smaller employers.In its Instant Scheme, staff register online and their employer pays for their chosen bicycle using a debit or credit card. The cost is reclaimed from the worker via a salary sacrifice arrangement and the employee receives ...
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Article
Julie Catto joins CHC Helicopter
CHC Helicopter has appointed Julie Catto head of reward for Europe, Asia and Africa.Since 2007, she has been director of international benefits at BlackRock.Previous roles include: European compensation and benefits manager at NACCO Materials Handling and HR manager, northern Europe at Aggreko.Read more about careers in reward and benefits
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Article
Equiniti Group to harmonise health and wellbeing strategy
EXCLUSIVE: Equiniti Group is building a harmonised health and wellbeing strategy, as well as educating its HR team about health-related absence management.The benefits administrator began harmonising its health strategy earlier this year by combining its private medical insurance (PMI) scheme with an employee assistance programme (EAP), rolling out an online ...
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Article
Employee Benefits Pensions and Workplace Savings Summit to cover hot topics
The Employee Benefits Pensions and Workplace Savings Summit will return for its fourth year at the Four Seasons in Hampshire on 31 January and 1 February 2013.The event will guide 50 hand-picked senior pensions and benefits managers through the key issues affecting pensions in 2013 and beyond, including auto-enrolment and ...
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Article
Merlin Entertainments hosts benefits fairs
EXCLUSIVE: Merlin Entertainments has held a series of benefits fairs at 15 of its sites to raise employees’ awareness of the perks that are available to them.This is the first time the attractions operator has staged such events to promote its benefits. The first fair took place on 26 June ...
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Article
Vodafone launches new sharesave schemes as previous schemes mature
EXCLUSIVE: Vodafone Group has launched three- and five-year sharesave schemes to replace previous versions that will mature on 1 September.The mobile telecoms firm’s maturing schemes have 1,300 participants among the 10,000 employees eligible to take part. Some 1,117 took part in the three-year scheme and 175 in the five-year scheme.Vodafone’s ...
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Article
IHS Global adds new acquisition to flexible benefits scheme
EXCLUSIVE: Information company IHS Global has completed its latest benefits harmonisation project, investing £250,000 to give 90 staff in the UK access to flexible benefits following its acquisition of IMS Research in April.IMS Research’s UK employees will now have access to a range of benefits funded by salary sacrifice and ...
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Article
Debi O'Donovan: Better disclosure is needed on pension charges
There are plenty of ways that employers can offer benefits for free. But many are not making the most of this opportunity. Our Employee Benefits/YouGov Research 2012 showed human resources managers do not rate discounts on their own organisation’s products very highly. But the same research reveals that offering these ...
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Article
Ellipse and Thomsons launch integrated group risk platform
Ellipse and Thomsons Online Benefits have completed development of a data interface that allows automatic processing of group risk benefits.The interface enables group life, group critical illness and group income protection benefits to be integrated with the Thomsons Darwin technology platform.When using the interface, each time a user runs their ...
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Article
Pension Insurance Corporation reinsures £300m of longevity risk
Pension Insurance Corporation has reinsured £300 million of its longevity risk through global reinsurer Munich Re.Following a £500 million reinsurance arrangement with other reinsurers in 2011, Pension Insurance Corporation, a defined benefit (DB) schemes risk management provider, has now reinsured 65% of its longevity exposure.The firm buys out DB schemes ...
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Article
A fifth of respondents unsure how to cope with workplace stress
Just a fifth (22%) of respondents said they have been given official guidance on how to cope with workplace stress, according to research by Canada Life Group Insurance.The research, which polled 1,607 UK employees, found that over half (52%) of respondents have taken time off sick due to problems caused ...
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Article
Buyer's guide to health cash plans 2012
Focus on factsWhat are health cash plans?For the payment of a premium, health cash plans reimburse members for the partial or full cost of a range of everyday health treatments. Typically, the benefits included in a cash plan are dental and optical care, on-site care, on-site health screening, physiotherapy and ...
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Article
Workplace Savings Quarterly - September 2012
NewsViewpoint: Padraig Floyd of Workplace Savings QuarterlyViewpoint: Susan Jones of TOR Financial ConsultingViewpoint: Charles Cotton of the CIPDCover story: What level of investment risk should employers and employees take?Corporate platforms: Wrapping up savings benefits makes them easier to handleAsset allocation: Right ingredients for a DC investment strategyEmployer profile: Legal and ...
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Analysis
Buyer’s guide to share incentive plans 2012
What are share incentive plans?A share incentive plan (Sip) is a tax advantaged savings vehicle introduced by the government in 2000 to encourage employee share ownership. Four types of shares can be used in a Sip: free shares, partnership shares, matching shares and dividend shares. Employers can give each employee ...
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Article
William Hill staff to share £3.5 million sharesave payout
William Hill employees are to share a £3.5 million payout from the maturity of a three-year sharesave scheme.Almost 700 employees will benefit from the success of the bookmaking firm’s share price, which has grown from £1.83 in July 2009 when the scheme was launched, to a closing price of £3.13 ...
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Article
73% of respondents aren’t offered financial education at work
Three-quarters (73%) of respondents said their employer offers them no form of financial support or advice, according to research by the Chartered Institute of Personnel and Development (CIPD).The CIPD’s Summer 2012 employee outlook focus, which surveyed 2,000 UK employees, found that 59% of respondents reported that, among respondents who said ...
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Article
Holiday Extras sees 82% take up of flexible benefits
EXCLUSIVE: Holidays Extras has achieved an 82% take-up in its online flexible benefits scheme since it was launched in June.The most significant increase was in the take-up of the online holiday booker’s group personal pension (GPP) plan.While 99 of its 400 employees were members of the scheme prior to the ...
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Analysis
Key facts about childcare vouchers
If you read nothing else, read this… Employees can use childcare vouchers for any registered nursery or childminder, as well as after-school and summer clubs, for children up to the age of 16. Vouchers can be refunded, but they cannot be transferred between employers. Both working parents are entitled to ...
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Article
Sickness absence affecting UK businesses
Long-term sickness absence is a big issue for 45% of UK firms, according to research by Aviva Health.The insurance firm’s annual absence management report found that 40% of respondents say someone else at the workplace has to pick up the work of the person off sick and 27% say that ...
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Article
Legal and General adds physiotherapy to group income protection product
Investment and insurance firm Legal and General has added physiotherapy treatment services to its group income protection product.The service, which will be provided by Physioworld, includes cognitive input and a phased return-to-work rehabilitation.Diane Buckley, managing director of group protection at Legal and General, said: “It enables us at Legal and ...