All Employee Benefits articles in Web Issue – Page 558

  • Chemistr_145
    Analysis

    Motivation schemes on a limited budget

    2012-10-29T08:45:00Z

    IF YOU READ NOTHING ELSE, READ THIS…A well-planned employee motivation programme can be cheaper and more effective than a small pay rise or bonus.A motivation programme can help to drive employee behaviour to support a revised business strategy.Publicising employee awards increases recognition among the workforce.It is not always easy to ...

  • Article

    Employers use auto-enrolment to trigger pension reviews

    2012-10-29T08:46:00Z

    The top triggers for employers to review pension plans are the cost of auto-enrolment and ensuring they get value for money, said Logan Anderson, head of customer relations at The Pensions Trust.“First of all, it is a budgetary review, but also asking, are we getting value for money for what ...

  • Case Studies

    The Ashmore Group replaces Sipp with corporate Isa

    2012-10-29T08:47:00Z

    It launched a corporate Isa in March, as part of a corporate platform, to replace the company’s self-invested personal pension (Sipp). The platform itself had a 100% take-up, because it included the company pension, which is non-contributory and entirely funded by the employer.However, 16% of staff also took up the ...

  • Article

    Chancellor's employee-owner consultation to end

    2012-10-29T08:47:00Z

    The consultation will examine how to implement the contract, due to be introduced in April 2013.The proposal, announced in October, has been met with resistance from the industry.Under the plan, all employers would be able to offer the new contract by giving staff between £2,000 and £50,000 in shares, exempt ...

  • Article

    Employers warned on RTI data errors

    2012-10-29T08:48:00Z

    The most common errors in the data that employers hold are wrong birth dates, use of nicknames or shortened names.Maureen Gordon, managing director at Compupaye, said: “We are ?nding that middle names often get overlooked, which is extra information the employer has to seek.”Incorrect records can lead to incorrect taxation ...

  • Article

    Colin Woods joins Southern Water

    2012-10-29T08:51:00Z

    His previous roles in the industry include: total reward subject matter expert at Ericsson, interim reward consultant at BuyingTeam, reward and recognition leader at Tribal Group, remuneration specialist at Network Rail, compensation and benefits analyst at Atkins and strategic HR information analyst at Halifax.

  • Article

    Padraig Floyd: Ignore Clegg’s pension stunt

    2012-10-29T08:52:00Z

    Now that auto-enrolment has finally begun and pensions have become flavour of the month, everyone wants to get a piece of the action. Not content with forcing up to 12 million people into a structure that enables them to save for their retirement, the government is now trying to tell ...

  • Article

    Confessions of a benefits manager: Belgian waffle

    2012-10-29T08:55:00Z

    If there is one thing I hate having to do, it is having to do something again. And again. And over again. Aaaagh. Especially if I did it perfectly well the first time around.And I did a lovely job of analysing our benefits offering in Belgium. It wasn’t difficult to ...

  • Article

    Duncan Brown: Reward policy: back to the centre?

    2012-10-29T08:56:00Z

    This year’s party conferences highlighted the problems of policy co-ordination in a coalition government. The Conservatives in Manchester reinforced the drive to local pay management in the NHS, while Liberal Democrats voted against the proposals for regional pay.You can be forgiven for being as confused as the coalition’s pay policy. ...

  • Article

    John Malley moves to Mott MacDonald

    2012-10-29T08:56:00Z

    In the role, he will be responsible for the ongoing development of the consultancy’s global employment strategy, benefits and reward, talent management and recruitment.With more than 25 years in HR, Malley has held positions at Arup, Aecom and PricewaterhouseCoopers (PWC).“I will be working to extend the approach to developing talent ...

  • Article

    Alastair Byrne joins Towers Watson

    2012-10-29T08:57:00Z

    He has more than 15 years’ experience in the fund management industry, researching and consulting on pensions and investment.He joins Towers Watson from Investit, where he was a principal, responsible for advising asset management firms on product development. He also spent 10 years in investment management at Aegon UK.Other recent ...

  • Article

    Bull appoints Jo Sims

    2012-10-29T08:57:00Z

    She spent the previous five years at Access UK, where she held various roles, including customer services manager, staff relationship manager, HR manager and group HR manager, before being appointed head of HR in 2010.She has also held an HR role at Sainsbury’s.Sims said: “I will be concentrating on transitioning ...

  • Article

    Debbie Lovewell: Auto-enrolment spurs wider financial focus

    2012-10-29T08:58:00Z

    Barely a day goes by when stories of rising prices and households struggling to make ends meet do not hit the headlines.Just last month, the Home truths study by the National Housing Federation found that the number of working households that are now reliant on housing benefit to pay their ...

  • Article

    Aviva role for John Lawson

    2012-10-29T08:58:00Z

    He was previously head of pensions policy at Standard Life.

  • Article

    Stephen Jarrett takes Helm

    2012-10-29T08:58:00Z

    His experience in the industry includes benefits consultant at Buck Consultants and Opus Consulting, which is now part of Willis Employee Benefits.Jarrett added: “Companies are demanding a more bespoke approach to wellness, healthcare and private medical insurance (PMI) consulting.“Employers are asking more fundamental questions about the nature of their PMI ...

  • Article

    Debi O'Donovan: Auto-enrolment has put pensions centre stage

    2012-10-29T08:59:00Z

    And the word on the street (or at least at the National Association of Pensions Funds’ annual conference last month) is that although we know that such low savings rates (starting at an initial 1% contribution each for employee and employer) will not necessarily give people the retirement they need, ...

  • Article

    Vitushni Balavarnan: How I began a career in benefits

    2012-10-29T09:01:00Z

    “I spent two summers working in HR,” she says. “I liked the analytical side, so I thought I would be suited to reward and benefits.”On graduation, she studied for a Masters in HR and business, making sure she would be Chartered Institute of Personnel and Development-qualified with the course she ...

  • Graph
    Article

    How to forge a career in benefits

    2012-10-29T09:01:00Z

    IF YOU READ NOTHING ELSE, READ THIS…Benefits professionals are increasingly important as organisations look for innovative ways to keep staff engaged.A career in benefits is likely to involve exposure to reward.Qualifications can be useful for career development, but are not essential.In the current economic climate, the role of benefits professional ...

  • Elliot
    Case Studies

    Santander reshapes reward in quest to be the best

    2012-10-29T09:01:00Z

    Banks have not had an easy time in recent years. Barely a week has gone by without headlines about shareholder revolts, bailouts or customer complaints. Even those that seem to be weathering the storm relatively well, as Santander UK appears to be doing, face continuing challenges because of the economic ...

  • AG Parfett & Sons
    Analysis

    Employee ownership can boost engagement

    2012-10-29T09:01:00Z

    IF YOU READ NOTHING ELSE, READ THIS…Deputy prime minister Nick Clegg wants more employees to have a stake in their employer.Staff at employee-owned organisations are more engaged in the workplace and more committed to their employer.Employee-owned organisations typically experience lower rates of absenteeism and staff turnover.Employee ownership has been a ...