All Employee Benefits articles in Web Issue – Page 635
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Article
Debi O'Donovan: How is auto-enrolment doing?
I would encourage as many of you as possible to fill in the online survey. The more employers that complete the survey, the clearer the picture we will all have of what is happening with auto-enrolment.From what we know already, auto-enrolment seems to be rolling out very smoothly. Employee opt-out ...
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Article
Duncan Brown: Fear not the key for motivation
Aon Hewitt has contributed, with its annual HR barometer of director priorities in organisations with more than two million staff in Europe, and the Global engagement trends study drawn from its database of five million employees.Although the economic indicators are, at last, suggesting the UK is spluttering into recovery, the ...
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Opinion
Stephen J. Perkins: Employers view auto-enrolment as call to action
The legislation is being phased in, starting with large organisations and applying to small employers over the next few years.From the evidence my team collected for the Chartered Institute of Personnel and Development (CIPD) Annual reward survey, published in May 2013, employers are highly exercised by auto-enrolment.The respondent sample, which ...
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Article
Employers could try to avoid equal pay audits
But the paper, which follows the 2011 Modern Workplaces: equal pay consultation, could have some worrying consequences, according to one employment lawyer.Anne Pritam, an employment partner at Stephenson Harwood, said: “The government has written into the most recent consultation exercise specific exceptions to the rule when employers would be ordered ...
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Article
Bikes-for-work schemes reduce staff absence
A survey published by charity Sustrans in June showed cycling to work could halve the number of sick days taken by UK employees.The survey, of more than 800 people on the National Cycle Network, found cyclists took an average of 2.4 sick days a year, compared with an overall average ...
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Article
Restraint shown in setting executive remuneration
Research published in May and June showed bonuses have fallen for FTSE 100 executive directors and pay freezes are on the increase.Fit Remuneration Consultants’ FTSE 100 executive remuneration survey, published in May, found that 32% of FTSE 100 employers will not increase salaries this year, up from 27% that took ...
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Article
Janine Sparks is benefits professional of the year
Sparks has more than 25 years’ experience in the reward and benefits industry, working with organisations such as Lloyds TSB Asset Finance, Morgan Grenfell and Debenhams.She was nominated for the award by industry peers who said she was someone fellow benefits practitioners looked up to and felt they could go ...
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Article
BMW wins Grand Prix at Employee Benefits Awards 2013
The car manufacturer, which was shortlisted in three categories, was chosen for the top award by the judges because of the steps it took to support staff mental wellbeing.BMW implemented a stress management programme in January 2012 as a result of staff feedback. The support service, run by The Priory ...
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Article
University of Reading launches online reward and recognition portal
The University of Reading has introduced an online reward and recognition portal.The organisation’s Celebrating Success scheme, provided by AYMTM, is part of the employer’s commitment set out in its HR Strategy to recognise and reward achievement at the earliest possible opportunity.The system allows managers to nominate employees for awards, which ...
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Article
PGA launches free payroll giving 'donor passport' system
A British fundraising organisation has launched an online ‘donor passport’ system, designed to reconnect charities with lapsed donors and boost take-up of its payroll giving scheme.Payroll Giving in Action (PGA)’s free Payroll Giving Portal provides a portable digital management system for employers, charities and donors.Donors are provided with a permanent ...
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Article
Employees believe performance-related pay fuels productivity
Some 40% of respondents to Kelly Services’ annual Kelly Global workforce index claim that they would be more productive if they had their salary linked to performance targets.But the survey, which polled nearly 90,000 employees in 30 countries, found that just one third (30%) of respondents’ pay is tied to ...
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Article
Adidas and Quintiles top UK’s healthiest employers
Quintiles and Adidas UK are among the employers recognised in the 2013 Britain’s Healthiest Company Awards.The awards, which were launched by PruHealth and Mercer, analysed the health and wellbeing strategies oforganisations around the UK.The event is designed to give employers a better understanding of the health and lifestyle of their ...
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Article
ATS Euromaster invests in engagement
Tyre manufacturer ATS Euromaster has increased employee engagement, reduced absenteeism and decreased staff turnover following a three-year business turnaround programme.Speaking at the Employee Benefits Summit in Alicante, Spain on 25 June, Irene Stark, HR director at ATS Euromaster, described its programme in a session titled ‘How can engagement drive a ...
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Article
Large pay ratios can demotivate staff
Organisations with a high ratio between the highest and lowest-paid employees may have lower levels of engagement and motivation.Speaking in a panel debate at the Employee Benefits Summit on 25 June, Deborah Hargreaves, director of the High Pay Centre, said: “There comes a tipping point beyond which a high ratio ...
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Article
Yorkshire Water engages staff in wellbeing strategy
Involving employees in health and wellbeing strategies is the best way for employers to see a return on investment.Speaking in a session titled ‘Are health and wellbeing solutions worth investing in?’ at the Employee Benefits Summit in Alicante, Spain on 26 June, Susan Gee, employee health and wellbeing manager at ...
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Article
Generation Y drives global mobility
Generation Y will increasingly influence employers’ global mobility strategies, which they must adapt to suit young employees’ differing mindsets and expectations.Speaking in a session titled ‘Consistency, transparency and flexibility in today’s approach to global mobility’ at the Employee Benefits Summit in Alicante, Spain, on 26 June, Tim Wells (pictured), former ...
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Supplier article
Share your views on pension trends and auto-enrolment
Employee Benefits is conducting a significant piece of research, which will examine the latest pension trends and find out about auto-enrolment progress to date.To have your say and gain an insight into what your peers are doing, please participate in the short survey.Auto-enrolment is the biggest change in the recent ...
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Article
Parliamentary Commission lobbies for new banking remuneration code
The Parliamentary Commission on Banking Standards has published its fifth and final report.The Changing banking for good report, which has been heavily influenced by recent banking misconduct that took place under the former Financial Services Authority (FSA) regime, contains a package of recommendations intended to raise standards in, and transform ...
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Article
Osborne risks backlash over public sector pay reform
The government is to axe automatic annual pay rises in the civil service as part of a pledge to make £11.5 billion worth of public sector savings in 2015/16.Chancellor George Osborne revealed the proposed legislation in the Spending Review 2013 at the same time as confirming that public sector pay ...
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Analysis
Russian rewards
Andrei Murygin, partner in Linklaters’ Moscow office, says: “There is no culture of offering [benefits] to every worker. The penetration levels are very low compared to the European countries.”Tania Bearryman, group director of Ogier Corporate Services, adds: “The understanding of the benefits [employers] can get out of a properly implemented ...