All Employee Benefits articles in Web Issue – Page 647
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Article
Barbon adds childcare vouchers to flex
EXCLUSIVE: Barbon Insurance has added childcare vouchers to its flexible benefits scheme.The scheme, which has been in place since 2009, also includes dental insurance, private medical insurance (PMI) and a holiday purchase scheme.Employees can now use their 2% flexible benefits allowance to purchase childcare vouchers, which were previously offered to ...
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Article
Zenith adds salary sacrifice option to staff car scheme
Zenith has added a salary sacrifice arrangement to its company car scheme for its own employees.The fleet management provider’s Driven scheme is available to 180 eligible employees at its offices in Leeds. The cars available are from a range of manufacturers and have CO2 emissions capped at 130g/km.Employees can also ...
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Article
Employers spend little time administering childcare vouchers
The majority of employers (77%) spend less than 30 minutes a month on childcare voucher administration, according to research by the Childcare Voucher Providers Association (CVPA).Its Making childcare work survey, which questioned 1,618 employers between June and July 2013, also found that:94% of respondents believe they play an important role ...
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Video
VIDEO: Irene Stark: Employee engagement provides commercial advantage
Employee engagement provides employers with a commercial advantage by encouraging high productivity levels and boosting morale, said Irene Stark (pictured), HR director at ATS Euromaster, during an interview with Debbie Lovewell, deputy editor of Employee Benefits.She added: “[A culture of engagement can be created] by looking at the right things ...
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Article
Most female workers return to flexible roles after maternity leave
The majority (83%) of female employees in respondents’ organisations who return to work following maternity leave have moved into part-time or flexible-working roles, according to research by recruitment consultancy Robert Half.Its research, which surveyed 200 UK HR directors, found that this rose to 92% of employees in London and the ...
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Article
Age UK partners L&G to launch pension project nationwide
EXCLUSIVE: Age UK has partnered Legal and General to roll out its Living on the state pension project to employers across the UK.The pension provider worked with Age UK to complete the project in 2012, challenging volunteer employees to try to live off the state pension. For every employee who ...
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Article
John Lewis extends physio service to all staff
The John Lewis Partnership has extended its physiotherapy service to all 84,500 John Lewis and Waitrose employees.The retail organisation previously offered the service, which is provided by Physio Med, to its Waitrose employees, but has now extended it across the partnership.It was keen to reduce the incidence, duration and recurrence ...
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AnalysisCapita launches health and wellbeing analysis tool
Capita Employee Benefits has launched a health and wellbeing analysis tool designed to help employers make better decisions about their health and wellbeing strategy in order to potentially reduce insurance costs.. The Corporate Health Analysis Tool (Chat) analyses data from all benefits offered by an employer, generating specific information on ...
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Video
VIDEO: Andrew Garner: EVP has to be broken down into component parts
The employee value proposition (EVP) has to be broken down into its component parts, said Andrew Garner, author of Smart moves – successful strategies and tactics for career management, in an interview with Debi O’Donovan, editor of Employee Benefits.He added that the employee value proposition embraces, in its component parts, ...
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Article
University of St Andrews launches master trust
The University of St Andrews has launched a master trust to comply with its auto-enrolment duties.It has appointed Now: Pensions to provide the scheme for its 460 eligible employees, who were auto-enrolled on the university’s staging date of 1 July 2013.The University of St Andrews is the second university to ...
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Video
VIDEO: Anne Teggart: Communicating benefits during tough times
Sapient has used internal resources to communicate employee benefits during tough economic times, said Anne Teggart (pictured), European compensation and benefits lead at the outsourcing firm, during an interview with Debbie Lovewell, deputy editor of Employee Benefits.She added: “We have an EU-[wide] benefits mailbox that we send all of our ...
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Article
Best and worst pension annuity providers revealed
The Association of British Insurers’ (ABI) Annuity Window comparison tool has found that there is a 31% difference between best and worst conventional annuity rates.The tool, which is compulsory for all ABI members selling annuities to the public, also found (based on a level annuity for a 65-year-old man, living ...
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Article
Jelf launches annuity service as standalone product
Jelf Employee Benefits is launching its whole-of-market annuity-broking service as a standalone product.The Retirement Income Finder is already available to its existing pension and financial-planning clients, but will now be rolled out to the wider market as a standalone product.The service encourages pension scheme members to select the most appropriate ...
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Article
Hitachi launches fleet apps
Hitachi Capital Vehicle Solutions has launched a mobile phone application (app) to help manage end-of-life damage and reduce costs for company cars.The application, which works with BlackBerry, Android and iPhone devices, features an end-of-life contract damage manager.An employee using the system will be prompted six weeks before they are due ...
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Article
TPR launches guides on choosing pensions for auto-enrolment
The Pensions Regulator (TPR) has launched a suite of new guides to help employers with limited pensions experience select a good-quality pension scheme for auto-enrolment.An employer’s guide to selecting a good-quality pension scheme for automatic-enrolment helps employers evaluate whether a scheme is well run, offers value for money and protects ...
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Video
VIDEO: Stephen Gay: Auto-enrolment to create a resilient society
Employers are crucial in making auto-enrolment work and will need to consider how much effort they are going to put into engaging their staff with pensions, said Stephen Gay, director of life, savings and protection at the Association of British Insurers (ABI).During an interview with Debi O’Donovan, editor of Employee ...
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Article
LEBC Group auto-enrols staff one year early
LEBC Group has auto-enrolled its workforce almost a year before its staging date.The independent financial advice firm and employee benefits consultancy opted to auto-enrol on 1 July 2013, rather than 1 May 2014, to ensure it fully understood, from practical experience, the actual issues its employer clients’ HR and finance ...
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Video
VIDEO: Steven Poelmans: Work-life balance beneficial on many levels
A focus on work-life balance is beneficial from a macro level, societal level, organisational level and individual level, said Dr Steven Poelmans, professor and director of the Coaching Competency Center at EADA Business School in an interview with Debi O’Donovan, editor of Employee Benefits.He added: “Academic studies demonstrate a relationship ...
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Video
VIDEO: Roger Barker: Executive pay out of touch with society
There is increasing concern that executive pay is increasing at a rate that is out of touch with the rest of society, said Roger Barker, director of corporate governance and professional standards at the Institute of Directors, during an interview with Debbie Lovewell, deputy editor of Employee Benefits.He added: “This ...
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Opinion
Lovewell's Logic: Removing barriers for post-maternity returnees
Many factors influence a mother’s decision to return to work following maternity leave. The desire to balance their new life as a parent with their working life will often be a key consideration, so employers that are willing, and able, to offer flexible working patterns may find this stands them ...