All Employee Benefits articles in Web Issue – Page 611
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Article
Network Rail pays out portion of execs' L-tip
Network Rail has paid out £630,000 to four of its executive directors as a portion of their long-term incentive plan (L-tip) to reflect the organisation’s performance in the period 2009-12.Under the terms of the 2009 L-tip, the four directors qualified for a 100% payout as a result of the extensive ...
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Article
Shire Pharmaceuticals streamlines flexible benefits scheme
EXCLUSIVE: Shire Pharmaceuticals has streamlined the structure and communications for its online flexible benefits scheme.The organisation has streamlined its flexible benefits website, removing around 50% of the content because it was either duplicate information or considered to be too technical. Instead of its annual hard-copy brochure, it now provides staff ...
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Case Studies
Flexible benefits give Munich Re staff freedom
Benefits offered to all employees include: buying and selling holiday; life cover which can be flexed down; pension contributions (staff can make contributions or flex down); critical illness cover; dental cover; two health cash plans; childcare vouchers; and private medical insurance (PMI).The flexible benefits are offered to all permanent employees ...
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Case Studies
CSC offers staff multiple flex windows
All UK staff have a core minimum level of benefits, which fall into four categories: financial, health, lifestyle and protection. The flex scheme gives them the ability to increase the level of benefits they receive.CSC switched flex provider from Hewitt Associates (now Aon Hewitt) to Benefex three years ago. Donna ...
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Opinion
Stephen Bevan: Make flexible benefits relevant
On the face of it, the higher-than-expected rates of employment, the growth in private sector jobs and recent survey evidence that some employers are struggling to fill specialist vacancies are all indicators that there is still competition for the best staff and that this will intensify once the recovery takes ...
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AnalysisWhat is the future for flexible benefits?
IF YOU READ NOTHING ELSE, READ THIS…Flexible benefits schemes have been in existence in the UK for nearly 30 years.Flexible benefits plans have enabled employers to tailor a benefits package to cater for a diverse workforce.Multiple enrolment windows and anytime benefi ts are blurring the boundaries between flex and voluntary ...
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Article
Workplace health report: strategies in practice
The report covers:Musculoskeletal disordersHealth and wellbeingSickness absenceCancerManaging costsGroup riskCorporate dental plansBespoke wellbeingStressMental health
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Article
Employers use out-of-date HR and payroll technology
Two-thirds (62%) of respondents are relying on out-of-date technology systems to manage HR and payroll functions, according to research by MidlandHR.Its HR technology 2013: how mid to large-sized UK organisations are using HR technology, which surveyed more than 200 senior HR and payroll professionals, found that only 18% of respondents ...
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Article
Quarter of savers lose track of pension schemes
A quarter (23%) of respondents have lost track of at least one pension scheme, according to research by Age UK.The research, which polled 2,312 UK adults, found that nearly a third (30%) would try to trace a pension if they realised they had lost track of it.According to Age UK, ...
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Article
DWP publishes guidance on fit notes
The Department for Work and Pensions (DWP) has published a guidance document on the government’s fit note system.Getting the most out of the fit note: guidance for employers and line managers explains what employers should do if they are given a fit note by an employee, what different sections of ...
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Article
Shire Pharmaceuticals changes perks in flexible benefits plan
EXCLUSIVE: Shire Pharmaceuticals has launched a holiday purchase scheme, removed its corporate individual savings account (Isa) and made changes to when employees can change their pension contributions.The changes were effective from 1 April 2013. They formed part of a full streamlining of the pharmaceutical firm’s online flexible benefits scheme during ...
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Article
Survey: How important is staff health and wellbeing?
Employee Benefits has launched its annual research into the health and wellbeing benefits offered in UK workplaces.Please help us to identify what employers offer and what is driving their strategies.Fill in the online surveyThis will enable us to help you benchmark how your organisation compares in the market.Your identity will ...
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Article
Sheep could take our jobs
Something for the weekend…Take that woolly jumper off and hide your lamb chop lunch because your next colleague could be a sheep.Paris City Hall has installed a small flock of sheep to mow the lawn at the capital’s gardens, instead of noisy and intrusive lawnmowers.The employee ewes, who hail from ...
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Article
BrokersLink launches global employee benefits group
Insurance broker network BrokersLink has launched a global employee benefits practice group.The group aims to drive business development in the area of international employee benefits for its 70 members.It has appointed Gerard Baltazar (pictured) as its first chairman. Baltazar is the chairman and chief executive officer at In2Matrix Group, an ...
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Article
Awareness of pensions tax relief is low
Almost half (44%) of respondents are unaware that they are entitled to tax relief on their workplace pension contributions, according to research by B&CE.The research, which surveyed 1,002 UK adults, found that a further 38% did not know how their money would be invested by their pension provider.It also found:70% ...
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Article
British Gas staff sign up for healthy-eating plan
British Gas has seen more than 700 employees download a new healthy-eating plan in the first week since its launch.The plan, which was developed by wellness organisation The Tonic in conjunction with the utilities firm’s wellbeing team, contains a selection of meals, snacks, recipes and shopping lists.It also includes healthy-living ...
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Article
Unison wins pay case for fire and rescue staff
Trade union Unison has won a legal case in the Court of Appeal for pay which could affect around 800 employees of the London Fire and Emergency Planning Authority (LFEPA). The union challenged the LFEPA’s decision not to honour the third year of an agreed pay deal that would have ...
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Article
PWC to roll out resilience programme
EXCLUSIVE: PricewaterhouseCoopers (PWC) is rolling out an employee resilience programme in the UK.The programme, which is aimed at encouraging its 16,500 UK employees to be aware of their psychological and emotional wellbeing, follows a successful pilot for employees in specific business areas.Sally Evans, senior manager of the diversity, inclusion and ...
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Article
Employee Benefits/Towers Watson Flexible benefits research 2013
The Employee Benefits/Towers Watson Flexible benefits research 2013 is our annual guide to the latest trends in flexible benefits.The 15th annual Employee Benefits research report on the latest flexible benefits trends covers:Attitudes to flexible benefitsStructures of flexible benefitsBenefits on offer in flexible benefits schemesLegislation affecting flexible benefitsAdministration of flexible benefits ...
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Article
Mercer adds to executive remuneration team
Mercer has appointed Patricia Bradley reward consultant as part of its drive to expand its executive remuneration business in the UK and Europe.Bradley was previously a corporate governance analyst at Pensions and Investment Research Consultants (PIRC), where she advised institutional investors on the performance of FTSE 100 and FTSE 250 ...


