All Employee Benefits articles in Web Issue – Page 656
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ArticleEmployee Benefits magazine - September 2013
Groupon is a mere five years old yet has 10,000 staff globally. So how have they managed benefits in such a fast-growing organisation? Find out in Adding value (page 57).Christmas might seem ages away, but if you are planning festive incentive for staff you need to be well on your ...
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Article
Buyer's guide to electronic voucher motivation cards
The factsWhat are electronic voucher motivation cards?They are paper-based vouchers or plastic cards loaded with a cash value that can be spent at a single designated retail outlet or at multiple retailers. Travel and experience vouchers are also available.Where can employers get more information?The UK Gift Card Voucher Association on ...
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Case StudiesGroupon offers staff rewarding benefits deal
“We didn’t have a robust benefits offering [when the UK business launched] because it wasn’t a priority for our workforce in the start-up phase,” says Hailey Wojcik, HR director for northern Europe. “As we’ve started to grow into a global business and we’ve started to refine processes and procedures, our ...
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Article
Finance directors see 4.7% salary rise
The salaries of finance directors in UK-listed organisations increased by an average 4.7% in the past year, according to research by Incomes Data Services (IDS).The IDS Executive compensation review, which surveyed the earnings of finance directors at 369 UK-listed organisations in the year to 31 March 2013, also found that ...
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Article
Swallowfield appoints pension consultancy
Cosmetic manufacturer Swallowfield has appointed a pensions consultancy to provide actuarial, investment and pension administration services to its pension scheme.Punter Southall will provide these services to Swallowfield’s Aerosols International Limited Pension Plan (AILPP) scheme, which has 400 members.Paula Ambridge, chair of the AILPP trustees, said: “We were impressed with Punter ...
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Article
Tata Steel selects PeopleValue Advantage voluntary benefit
This article has been supplied by our channel sponsor, PeopleValue.Company backgroundTata Steel Europe (formerly Corus) has main steelmaking operations primarily in the UK and the Netherlands. The company supplies steel and related services to the construction, automotive, packaging, mechanical engineering and other demanding markets worldwide.It is a subsidiary of Tata ...
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Article
UK reference agency launches PeopleValue Advantage scheme
This article has been supplied by our channel sponsor, PeopleValue.About HomeLetHomeLet is the UK’s largest supplier of referencing to the lettings industry. There are circa 12,000 letting agents in the UK and HomeLet has more than 25 per cent of their market. They support a growing network of more than ...
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Supplier article
Ian Wright: Is a global recognition programme possible?
Ian Wright (pictured), director, compensation and benefits at The Attachmate Group, will speak at Employee Benefits Live on 25 September about whether it is possible to operate a homogeneous global recognition programme.Employee Benefits asked him a few key questions:1. What has been your biggest challenge in 2013?Harmonising benefits in several ...
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ArticleAuto-enrolled employers contribute less
Respondents to Employee Benefits/Capita Pensions Research 2013 that have auto-enrolled staff into a workplace pension are more likely to pay in a 1% employer contribution than those still to go through auto-enrolment.According to the research, conducted among 370 HR and benefits managers, 21% of those that have auto-enrolled staff are ...
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Article
Recognition impacts key business results
Value-based recognition schemes can significantly impact key business results, according to research by Globoforce.The Globoforce Summer workforce mood tracker study, which surveyed 708 US-based employees between May 16 to June 3 2013, found that recognised employees are more satisfied with performance reviews and perceive an impact on a wide variety ...
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Article
Shire promotes Jane Fenwick to global role
Shire Pharmaceuticals has promoted Jane Fenwick to interim head of global benefits.She previously held the role of associate director, total rewards at the pharmaceutical organisation.Before that, Fenwick’s roles included international reward manager at Marks and Spencer, reward manager for Europe, Asia and the US at Cable and Wireless, compensation consultant ...
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Article
Hewlett-Packard moves MacMillan to Dubai
Hewlett-Packard has appointed Lorna MacMillan total rewards manager, Middle East, Mediterranean and Africa.From 29 August, she will be based in Dubai.MacMillan has been at Hewlett-Packard since 2004 in a range of roles, including UK and Ireland total rewards manager; Europe, Middle East and Africa (EMEA) compensation manager and EMEA benefits ...
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ArticleWhich pensions employers are using to comply with auto-enrolment
The Employee Benefits/Capita Pensions research 2013, published on 29 July, found that 63% of respondents that still need to auto-enrol staff will use a group personal pension (GPP) plan as their primary scheme for auto-enrolment, while 33% of those that had auto-enrolled their workforce are using a GPP.L’Oreal, which postponed ...
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Article
Top ten most read stories this week
Hill Dickinson launches salary sacrifice car schemeHow employers can link benefits strategy to employees’ needs85% saw pension costs rise post auto-enrolmentGroupon offers staff rewarding benefits dealStress causes ill-health in older staffEmployers focus on aligning global benefitsStandard Life and Barnett Waddingham partner on auto-enrolmentRetirement savers could be worse off with single-tier ...
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Article
Sweat can help secure a pay rise
Something for the weekend…In need of a pay rise? Well, it’s time to get sweaty, according to researchers at the Massachusetts Institute of Technology.New research by academics Ashley D Brown and Jared R Curhan, published in the journal Psychological Science, found that signs of physiological arousal (such as sweating) isn’t ...
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Article
Charles Cotton: Should zero-hour contracts include a minimum benefits provision?
With a zero-hour contract, certain minimum employee benefits can already apply. For instance, some contracts are undoubtedly employment contracts and will attract the full protection of employment regulation, including holidays. But in other cases, those on zero-hour contracts will only be casual workers, who have some statutory protections but not ...
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Article
Recognition valued by employees
More than a third (34%) of employees believe being thanked or recognised for their work is the most valuable workplace benefit, after a pay rise, according to research by Capita Employee Benefits.Its research, which surveyed 3,000 employees, found that recognition topped flexible hours (cited as most valuable by 22%) and ...
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Article
Tindle staff to share £200,000 bonus pot
Tindle Newspapers is to pay a total of £200,000 in bonuses to its 700 employees.The amount each employee will receive will be based on the success of the regional newspaper group’s individual companies. Full-time employees will receive a minimum of £125 up to a maximum of £400 and the amount ...
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Article
Which? uses auto-enrolment to promote reward
Which? has used pensions auto-enrolment as an opportunity to promote its reward strategy to its 587 employees.The consumer organisation, which has been heavily involved in raising awareness of, and educating consumers about, the debate around auto-enrolment, wanted to be an early adopter and subsequently staged when this came into effect ...
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Article
150,000 Royal Mail staff receive shares offer
Approximately 150,000 Royal Mail Group employees will be eligible for free shares in the organisation through a share incentive plan (Sip).Each of the organisation’s full-time eligible employees will be given the same number of shares, with part-time employees given shares on a pro-rata basis based on their paid hours in ...