All Employee Benefits articles in Web Issue – Page 625
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Article
Michael Rose: Does paternalism still have a place in benefits?
So, to the extent that reward should reflect corporate values, as I believe it should, I do not think paternalism has a place in benefits.One of the reasons why I believe flexible benefits can be so valuable is that they carry the message that we are not being paternalistic, but ...
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Article
Gary Brewer: Does paternalism still have a place in benefits?
I would prefer to say we all have to face the challenges of austerity together. So what of paternalism?Drawing on my experience at William Grant and Sons, the key question is: why do we deliver benefits in the positive fashion that we do?Perhaps because others do and the market ...
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Opinion
Gary Moore: Consultancy charge ban will cause problems
When the Financial Services Authority (FSA) launched its retail distribution review in 2006, it promised to make sure charges for advice were transparent and fair. As a result, the FSA banned charging by commission but allowed pension plans to take consultancy charges from individuals’ pension pots as long as they ...
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Case Studies
Telent communicates different pension fund approach
The scheme is provided by Standard Life and currently has 764 members.Peter Harris, director of pensions at Telent, says: “We originally chose our default fund on the basis that we did not expect our membership to be financially sophisticated, and therefore a lifestyle profile with a diversified growth fund in ...
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Article
Workplace Savings Quarterly (June 2013)
Read digital version of Workplace Savings QuarterlyPádraig Floyd: A pension warning for employers on ‘pot follows member’Mark Baker: Employers must respect staff attitudes to pension fund riskPaula Hargaden: How to select a share schemeHymans Robertson offers staff flexibility in savingHenderson Global Investors sees high take-up in share schemesWhy share schemes ...
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Supplier article
DO NOT USE
Tim Wells has set up a reward and benefits consultancy called Wells and Co Consulting. With 13years in the industry, his previous roles include group global mobility manager at Britvic Soft Drinks, global mobility manager at Electronic Arts, manager, assignment services at Ernst and Young, and senior international assignment consultant ...
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ArticleDisparities in local council pension fund fees
There are disparities in the fees that local council pension funds pay to their fund managers, according to research by the Financial Times (FT).The newspaper’s analysis of pension funds’ annual reports, which was conducted for the FT by consultancy Investor Data Services, revealed that some councils were paying three ...
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Article
Condé Nast Britain launches HR and payroll system
Condé Nast Britain has launched an HR and payroll system to streamline its HR functions for its 600 employees.The publishing firm, which has introduced ADP’s HR.net system, was looking for an outsourcing provider to refresh its systems.It also required a system that could cope with the increase in data and ...
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Article
Rob Beckett to host Employee Benefits Awards
Comedian Rob Beckett will host the Employee Benefits Awards 2013 on 7 June.Beckett’s TV credits include 8 Out of 10 Cats, Fresh Meat, I’m a Celebrity… Get Me Out of Here Now and BBC3’s The Comedy Marathon Spectacular.He has also toured with fellow comedians Russell Kane and Stephen K Amos, ...
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ArticleHealthcare perks improve staff engagement
In the Healthcare research 2013, published this month, 51% of respondents said their healthcare benefits had improved employee engagement, compared with 33% that said the same in 2010, and 26% that said the same in 2009.This year’s respondents also feel their healthcare benefits are most successful in achieving the following: ...
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Case Studies
KFC prepared early for auto-enrolment
The fast food chain’s workforce includes a large number of weekly-paid and young employees under the age of 25 as well as its salaried population. It therefore has a number of staff who are on the cusp of meeting the qualifying criteria for auto-enrolment, and could find that they do ...
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Article
Top line-up of speakers and workshops at Employee Benefits Summit on 25-27 June 2013
On the first day of the event, a panel of experts, including Deborah Hargreaves, director of the High Pay Centre, and Claire Morland, head of compensation at Man Group, debated the future of executive pay and bonuses.Later that day, Irene Stark, HR director at ATS Euromaster, discussed how engagement can ...
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Article
Mitie Group staff take part in charity bike ride
Mitie Group employees have taken part in a 180-mile bike ride around London. The London Revolution, which brought together 2,000 cyclists along a route of London landmarks and Olympic venues, was sponsored by Mitie Group and its charity partner City Gateway, which aims to help unemployed young adults through training, ...
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Article
Pensions report 2013
Click to to read digital version of Pensions Report 2013Or read articles online:Graeme Bold: Top tips to help employers prepare for auto-enrolmentThe pros and cons of using multiple pension plans for auto-enrolmentTop five considerations for at-retirement strategiesRichard Shelton: Codes of conduct on retirement planningSchlumberger educates expat staff about pensions valueVolkswagen ...
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Article
Remuneration committees show restraint on directors' packages
Remuneration committees have shown restraint when setting executive directors’ packages this year, with widespread salary freezes and lower bonus payouts, according to research by Fit Remuneration Consultants.Its FTSE 100 executive remuneration survey sourced data from companies’ annual reports and included all FTSE 100 companies with a year-end up to, and ...
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Article
Standard Life appoints Barry O’Dwyer
Standard Life has appointed Barry O’Dwyer as managing director, workplace.O’Dwyer (pictured) will join from Prudential, where he is deputy chief executive, UK and Europe.Paul Matthews, chief executive officer, UK and Europe, at Standard Life, said: “[O’Dwyer] joins Standard Life to lead a core part of our business.“As a leading player ...
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Article
Origen Investment Services to sell pensions admin businesses
Origen Investment Services is to sell its pensions administration businesses.Its specialist self-administered pensions service business is to be sold to consultancy Barnett Waddingham, while its self-invested personal pension (Sipp) business is to be transferred to Sipp provider and administrator Suffolk Life.Origen Investment Services made the decision to exit from the ...
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Article
Bibby and Mayer Brown shortlisted for flex plans
Bibby Financial Services and Mayer Brown are among the employers shortlisted for ‘Best flexible benefits plan – small employer’ at the Employee Benefits Awards 2013.For this category, the judges looked at which benefits were included and why, how the plan was administered and communicated, and how it complemented or drove ...
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Opinion
Andrew Kinder: Employers must be proactive on stress
When it comes to managing stress and its impact on the workplace, it is important that employers take a proactive approach. There are many techniques and preventative measures that employers can take to manage stress.Line managers have an important role to monitor the behaviour of their teams and identify potentially ...
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AnalysisKey issues for employers post auto-enrolment staging
IF YOU READ NOTHING ELSE, READ THIS…Post auto-enrolment staging date, employers must keep on top of a number of tasks to remain compliant.Having robust record-keeping and data processes in place is key.Employers must ensure they send relevant communications to their workforce at the required times.Preparing for auto-enrolment may feel like ...