All Employee Benefits articles in Web Issue – Page 616
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Article
Niall Cook: Can social media be used effectively for employee benefits?
The Current landscape of social media and employee voice report, published in March by the Chartered Institute of Personnel and Development, suggested senior employees often lack understanding about how social media works.Management often sees social media as just new broadcast channels. The result is simply more noise, with the risk ...
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AnalysisHow to manage legacy employee benefits strategies
IF YOU READ NOTHING ELSE, READ THIS…New recruits must resist the temptation to start their new role with an overhaul of their predecessor’s strategies.Some organisations may simply require an HR professional to maintain current standards.Speaking the same, finance-based language as their new executive board is a key skill for all ...
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Article
Nick Matthews: Can social media be used effectively for employee benefits?
Social media tools such as Yammer can increase the visibility and participation in HR programmes and benefits initiatives. At the heart of this is allowing all staff to fully engage in dialogue and understand what is in it for them. By doing this in a organisation-wide forum, employers can increase ...
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Opinion
Jeremy Thornton: Strategy for HR professionals in a new job
So how should HR and reward professionals prepare themselves for this and make sure their business strategy is the right one?A fantastic senior strategic employee I know, who took a new role in Germany, learnt the phrase ‘This is a pen, not a magic wand’ to prepare herself on day ...
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Article
Duncan Brown: Are status perks still relevant?
Yerdaw understands status. He’s only eight and has no money. But my self-appointed, homeless guide to beautiful Lalibela, Ethiopia, insisted on showing me to the best restaurant in the best hotel in town. ‘How do you know it’s the best?’ I asked. ‘The manager has a big, big car’ he ...
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Article
Debi O'Donovan: Benefits show ongoing buoyancy
Looking at our annual Benefits Research published this month (now in its 10th year), I can see that in each of the past four years, roughly one-third of respondents were planning to implement new benefits. This does indicate some buoyancy in the market.On top of this, only a small minority ...
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Article
Debbie Lovewell: Engaging the generations
Sitting on the cusp of generation X and the millennial generation, I can appreciate both sides of the findings from research published by PricewaterhouseCoopers in conjunction with the London Business School and the University of Southern California last month.It found that millennials, born between 1980 and 1995, put more value ...
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Case Studies
Listening approach keeps Network Rail’s reward and benefits package on track
“I was very conscious of sitting and listening to people and asking lots of questions,” she says. “It was an opportunity to ask the dumb questions because I was the new girl, so I took advantage of that. I asked the questions that perhaps [new recruits] can’t ask two or ...
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Article
Buzz for the Employee Benefits Awards
I fully appreciate just how hard and how much time it has taken for you to come this far. There are so many good organisations and professionals within the employee benefits industry.You are a finalist for a very good reason and, having been a former judge for these awards, I ...
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Article
Simplyhealth chief executive to retire
Des Benjamin, chief executive officer of Simplyhealth (pictured), is to retire after 13 years of leading the healthcare provider.He joined the organisation in 2000, and has led it through a number of mergers and acquisitions since then.Ken Piggott, chairman at Simplyhealth, said: “On behalf of the board and everyone at ...
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Article
Roche and Random House shortlisted for work-life balance
Roche UK and The Random House Group have been shortlisted for the ‘Best work-life balance strategy’ category at the Employee Benefits Awards 2013.This award recognises the steps taken by employers to help employees achieve a strong work-life balance, whether they are working parents, carers or employees who wish to better ...
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Article
Engagement is leading focus for employers
Almost three-quarters (74%) of respondents to The Benefits Research 2013 cited this as the top issue shaping their organisation’s benefits package. This figure has risen since 2009, when just under two-thirds (62%) said the same.But, when asked what action they plan to take in the next 12 months in response ...
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Article
Daily Mail plans for pensions auto-enrolment
The Daily Mail and General Trust (DMGT) will use provider Staffcare’s middleware product to manage its auto-enrolment duties.DMGT, which employs 11,500 employees globally and owns publications such as The Daily Mail, The Metro and The Mail on Sunday, has multiple staging dates, the first of which is 1 August 2013. ...
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Article
Basic pay most difficult reward element for cost control
A third (34%) of respondents find basic pay the most difficult element of their reward package around which to control costs, according to research by Thomsons Online Benefits.Its 2013 Employee rewards watch survey, which polled more than 500 HR, reward and finance professionals in the UK, outlines the financial demands ...
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Article
Royal Mail Pension Trustees appoints new chief executive
Royal Mail Pension Trustees has appointed Chris Hogg (pictured) chief executive.Hogg, who was previously head of funding for the trustees, will succeed Gerry Degaute, who is retiring from the role.Before joining the trustees in 2009, Hogg spent more than five years as a pensions consultant at Aon and three years ...
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Article
FCA publishes rules on charging model for platforms
The Financial Conduct Authority (FCA) has published rules to ensure the way that platforms are paid for is more transparent.From 6 April 2014, platforms in both the advised and non-advised market will not be allowed to be funded by payments from product providers.Instead, a platform service must be paid for ...
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Article
Kodak pension plan acquires imaging business
Eastman Kodak Company has concluded a settlement agreement with its UK Kodak Pension Plan (KPP).Under the agreement, which will be filed with the US Bankruptcy Court, the company’s personalised imaging and document imaging businesses will be spun off under new ownership to KPP for a cash and non-cash consideration of ...
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ArticleWhy employers offer employee benefits
EXCLUSIVE RESEARCH: Recruiting (stated by 84% of respondents) and retaining (stated by 83%) employees are the top two reasons that employers offer benefits to staff, according to exclusive research by Employee Benefits.The Benefits research 2013, which surveyed 561 HR and benefits professionals, found that employers are also focusing on supporting ...
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ArticleHow the economy has impacted benefits
The economic downturn over the last five years does not appear to have deterred employers from introducing benefits, with the proportion of respondents doing so in the previous 12 months remaining relatively steady over this period.The Benefits Research 2013, which was conducted among 561 Employee Benefits’ readers, found that 48% ...
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ArticleMost common employee benefits offered globally
Private medical insurance (PMI) is the most common benefit that UK employers offer to staff based outside the UK, according to exclusive research by Employee Benefits.The Benefits Research 2013, which surveyed 561 HR and benefits professionals, found that 86% of respondents that offer benefits to staff based outside of the ...