All Employee Benefits articles in Web Issue – Page 643
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Article
Barclays and Benefex partner for auto-enrolment services
Barclays Corporate and Employer Solutions (C&ES) has partnered with Benefex to deliver pensions auto-enrolment services to employers.Barclays C&ES is to use Benefex’s Enroller technology and additional services to support employers through the auto-enrolment process.Enroller is part of the Benefex’s RewardHub portal, which manages all aspects of auto-enrolment, including administration, employee ...
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Article
Flexible working could generate £8bn for UK economy
UK organisations could enjoy cost reductions and productivity gains of up to £8.1 billion by optimising their approach to flexible working, according to research by think tank RSA and Vodafone UK.The Flex factor report, based on a national survey of 2,828 employees and employers, found that more than three-quarters (77%) ...
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Article
Employees want to work flexibly
More than 50% of respondents would like the opportunity to work flexibly, according to research by real estate software organisation Planon Software.Its survey, which questioned more than 100 employees, indicated that employers could gain a number of benefits by introducing more flexible-working policies.Tim Clapham, marketing director at Planon, said: “There ...
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ArticleStandard Life launches online auto-enrolment product
Standard Life has launched an online, five-stage pensions auto-enrolment product.It is aimed at helping Standard Life’s existing employer clients to convert their current pension arrangements to a qualifying workplace pension scheme (QWPS) that complies with auto-enrolment legislation.The five-stage process allows employers, and their advisers, to work through the key decisions ...
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Article
BGL Group hosts benefits fairs
BGL Group has hosted its annual benefits fairs.Almost 400 employees attended the fairs, which were held across the insurance firm’s sites.At the fairs, employees could access information about their benefits package and providers, including Bupa, Marriott Leisure and Virgin Active. They could also participate in development workshops, which were hosted ...
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Article
HSBC closes workplace pensions division
HSBC has confirmed the withdrawal of its adviser-facing Workplace Retirement Services proposition less than three years after its launch.As reported on 17 July in Employee Benefits’ sister publication, Money Marketing, the global bank will no longer look to distribute corporate pensions through intermediaries.HSBC Workplace Retirement Services was launched in November ...
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Article
Asda awards staff for long service
More than 1,000 Asda employees have been awarded for a combined 47,135 years of service at the supermarket chain’s Big Anniversary event on 16 July.Its annual long-service celebration, which is in its 13th year, recognises staff who have 25, 30, 40 and 45 years of service with the organisation.The long-serving ...
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Article
Negotiations of the naughty kind
Something for the weekend …You should never mix business with pleasure, or so the saying goes. But a new book flies in the face of that conventional wisdom.The Kama Sutra of work: Why work is the new sex and how to make sure you’re getting enough, authored by Avril Millar, ...
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Article
Ageing population will cost the UK
The UK’s public finances will come under pressure in the long term as a result of an ageing population, according to a report by the Office of Budget Responsibility (OBR).Its Fiscal sustainability report 2013, which draws on the 2011-2012 Whole government accounts, projected that the government would end up having ...
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Article
CJEU rules on collectively agreed pay rises
The European Court of Justice (CJEU) has ruled that collectively agreed pay rises should not survive Transfer of Undertakings (Protection of Employment) (Tupe) regulations.The decision in the case of Parkwood Leisure v Alemo-Herron brings an end to nearly three years of legal wranglings.The court ruled in favour of the employer ...
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Article
A million UK workers now auto-enrolled
The millionth UK employee has been auto-enrolled into a workplace pension scheme.The landmark figure is included in the monthly auto-enrolment registration report published by The Pensions Regulator.The Travis Perkins Group was among the employers that registered when the one million-employee mark was reached. The builders merchants has automatically enrolled around ...
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Article
Propellernet rewards staff with dream scheme
EXCLUSIVE: Propellernet has introduced a staff motivation scheme to help employees achieve their dreams.The scheme, Dream Balls, is about ensuring the social media organisation’s 42 employees share in its collective success.Nikki Gatenby (pictured), managing director at Propellernet, said: “Our whole ethos, our whole reason for being, is enjoying the workplace. ...
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Article
Sports Direct staff to receive shares payout
More than 2,000 Sports Direct employees are in line for bonuses worth more than £70,000 in August.Its Preliminary report 2013 disclosed that the retailer’s 2009 bonus share scheme will mature in August 2013.It will award these employees a payout worth 75% of their salary in shares priced at £1.25.It is ...
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Article
Buyer's guide to off-the-shelf voluntary benefits packages
Even though they offer less choice than a bespoke package, they can include the most popular voluntary benefits, helping staff to make considerable savings.Advances in technology have enabled benefits such as childcare vouchers, bikes for work, computers, mobile phones and health cash plans to be bundled onto a single platform ...
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Opinion
Andrew Morris: Choice is key to dental benefits
The key to successful and mutually beneficial dental benefits is employee choice.Having access to the most relevant dental treatments at appropriate prices will encourage staff to visit a dentist regularly.This, in turn, will increase their appreciation of good oral health and reduce absenteeism through ill-health.As oral health continues to improve, ...
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Opinion
Jamie Clark: Consultancy charge ban might cause opt-outs
Employers that are unwilling or unable to pay an explicit fee to a ?nancial adviser will not bene?t from the advice and support that advisers can bring, which could restrict the choice of provider.This could lead to worse member outcomes due to restricted investment choice, lack of workplace marketing material ...
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Opinion
Jackie Palmer: Team of the year award will be an inspiration
We have had a busy and eventful year in Freshfields’ benefits, transforming our flex site, implementing a suite of health and wellbeing initiatives, and engaging employees.To get some external recognition for everything we have tried to achieve is fantastic.We believe passionately in the role of benefits in differentiating Freshfields as ...
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Article
Top discussions from the Employee Benefits LinkedIn group
Labels such as ‘generation Y’ are too simplistic to work out how best to communicate, and therefore engage, with people.However, there is growing evidence to suggest the increasing proliferation of smartphones is facilitating how all ages (and generations) communicate.Indeed, I would argue that there is growing expectation from all ‘groups’ ...
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Article
Edenred to launch mobile discounts scheme
Edenred is to launch a mobile employee discounts scheme, which will allow users to find discounts on the move via their smartphones and tablets.The new scheme will work through a mobile website, which will allow employees to check for discounts when they are out and about. It features a location-based ...
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Article
Pension engagement linked to communication
The investment employers make in communicating pension schemes to their employees has a direct effect on their attitude towards a pension and contribution levels regardless of their salary, according to research conducted by London School of Economics (LSE) and commissioned by Thomsons Online Benefits.The impact of a total reward approach ...