All Employee Benefits articles in Web Issue – Page 591
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Supplier article
Health Shield is nominated for Corporate Adviser cash plan provider award
Winners of Corporate Adviser awards are decided by specially commissioned market research carried out among healthcare and protection intermediaries.Jonathan Burton, chief executive officer at Health Shield, said the company was delighted at the nomination, adding that the industry endorsement was testament to the team’s work and dedication over the last ...
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Article
Pay increased at end of 2012
Salaries increased towards the end of 2012 and remained consistent, according to research by recruitment firm Office Angels.Its Quarterly salary update report found that most areas of the UK saw a small increase in salaries across almost all roles between the third and fourth financial quarters in 2012. The retail ...
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Article
First Clarity trials health programme
IT consultancy First Clarity is among the employers trialling a new health and wellbeing programme with Focus Fitness UK.The Kickstart programme enables employers to offer staff a four-week programme of health and fitness activities in the workplace without committing to a long-term scheme.Nina Juss, chief executive officer at First Clarity, ...
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Article
Mitie staff to participate in charity bike ride
Mitie employees are participating in the London Revolution cycle challenge to raise money for its charity partner City Gateway.More than 350 staff are taking part in the event, which will see up to 2,500 cyclists ride 180 miles around London over two days.The charity helps young people in London by ...
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Article
East Thames Group moves to new HR and payroll system
East Thames Group has implemented an online HR and payroll system for its 1,000 employees.The public sector housing organisation previously had separate HR and payroll systems in place. It was looking to move to an integrated web-based system to improve efficiencies in services and in cost.East Thames Group signed a ...
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Article
UK workers not prepared for retirement
Employees will run out of savings just seven years into their retirement, according to research by HSBC.The future of retirement: a new reality report found that the average retirement in the UK is expected to last 19 years, however average retirement savings will be used up after a third of ...
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Supplier article
Health Shield sets out five-year vision as part of growth strategy
The non-profit-making Friendly Society has undertaken a thorough review of its strategy and business plan, setting out key targets and goals that will help to attract new members, retain existing clients and build the organisation.In the next five years, Health Shield aims to increase its turnover while improving net return; ...
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Article
Pension deficits hit £621 billion
UK corporate pension deficits rocketed to £621 billion between December 2012 and January 2013, according to research by Xafinity Consulting.The employee benefit adviser’s Corporate pension deficits tracker showed that the new total is 58% higher than deficit totals in January 2012.The increase is attributed to a 0.5% increase in the ...
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Article
Sodexo extends gift voucher offering
Sodexo Motivation Solutions (SMS) has added Boux Avenue, Oasis and Restaurant Choice to its multi-store gift voucher offering.SMS’ SayShopping Pass can now be spent in more than 12,000 shops across the UK, as well as on entertainment, sport and holidays.The vouchers can be used by employers to reward, incentive and ...
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Article
Robert Half staff to raise money for charity
Robert Half is arranging a series of initiatives for its staff to help raise money for the British Heart Foundation after selecting the organisation as its charity of the year for 2013/14.The fundraising initiatives will include five-a-side football, quiz nights, fancy dress and client hospitality events. Employee interest groups have ...
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Article
Physiotherapy union switches EAP provider
The Chartered Society of Physiotherapy (CSP) has switched the provider of its employee assistance programme (EAP).The physiotherapy union, which has 51,000 members, has appointed The Validium Group to provide the progragmme.Andrea Barber, head of human resources at CSP, said that the union wanted to have a support service in place ...
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Article
BAE Systems insures DB pension plan
BAE Systems has implemented a longevity insurance arrangement for its defined benefit (DB) pension scheme.The arrangement, with Legal and General, insures the BAE Systems 2000 Pension Plan against the financial risk of its 31,000 current pensioners living longer than expected, and covers £2.7 billion of liabilities.Legal and General will retain ...
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Article
DOD’s blog: this week in benefits
The issue of workplace marketing of employee benefits is niggling in the back of my mind. Does anyone else feel uncomfortable with it?Somewhere between ‘it is good to push staff into a pension and deduct money from pay for it’ and ‘here are some benefits suppliers selling you their wares’ ...
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Article
Radiator water gives staff wings
Something for the weekend …Hapless Swedish airbase workers have been guzzling down the sweet, energizing nectar of radiator water for the past two years, The Local has reported.The gaff is down to a pipe being wrongly connected to a coffee machine.The thermal mishap was discovered when the base’s system was ...
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Article
Pay for financial sector executives expected to rise
Global financial services executives anticipate base salary increases of between 2.2% and 2.5% in 2013, according to research by consultancy Mercer.The Financial services executive compensation snapshot survey, published this week, analysed pay data for senior executives across 63 banks and insurance organisations operating in 21 countrie across Asia, Europe and ...
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Article
Spire Healthcare sees 40% benefits take-up
EXCLUSIVE: Spire Healthcare has seen a 40% take-up of its voluntary benefits scheme since it was launched in April 2012.The Your Benefits scheme, provided by Personal Group, was introduced after a 2011 employee engagement survey found that staff were unsure what core benefits were available to them.The scheme includes Spire ...
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Article
Consultations launched on pension disclosure rules
The Department for Work and Pensions has launched a consultation, which proposes to harmonise, simplify and consolidate the regulations surrounding the disclosure of pension scheme information.The consultation, The occupational and personal pension schemes (disclosure of information) regulations 2013, outlines draft regulations and will be open until 14 April 2013.It is ...
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Article
Co-op Bank finalises new staff bonus scheme
The Co-operative Bank has completed the roll out of a new employee bonus scheme, which focuses on customer service rather than sales targets.The Customer Service Bonus scheme gives staff the opportunity to be awarded a quarterly bonus based on their customer service delivery. The sales-incentive targets have been completely removed.The ...
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ArticleThe Hot 100 Benefits Managers 2013
Salute 100 more top performersWe are proud to announce, for the second year running, a fabulous line-up of 100 leading players in benefits management. They are the movers and shakers of the benefits industry and are therefore our ‘Hot 100’. Over the next 10 pages, you can see who made ...
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Article
Financial Education report (March 2013)
Download PDF of Financial Education Report 2013.Stuart Bailey: Target younger staff with financial educationConsequences of the retail distribution reviewRoche finds right formula to raise staff financial awarenessTailor pre-retirement education to employee age groupsFinancial workshops help educate University of Lincoln employeesMarks and Spencer educates staff on savvy savingJonathan Watts-Lay: Employees need ...