All Employee Benefits articles in Web Issue – Page 659
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AnalysisThe impact of social trends on flexible benefits plans
If you read nothing else, read this…Technological advances have driven a need for flexible benefits to be accessible by employees at any time and anywhere.Wealth management is a growing feature of flexible benefits plans because of the economic downturn and ageing workforces.Employers must be mindful of emerging socio-economic trends.Three key ...
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Case Studies
JP Morgan revamps flex to suit staff
Adam Brooke, employee benefits manager (UK), says: “We need to keep in mind that our employees have everyday access to computers, so that’s going to be the main channel used to engage them. But whether an employee is at work or even at home, they need to be able to ...
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Opinion
Angela Wright: The factors impacting flex design
Demographic and macro-economic changes such as an ageing population and increasing student debt, the increased movement of labour across borders and technological innovation, all contribute to a greater diversity of people in the workplace, with a corresponding need for a more flexible approach by employers to rewarding employees with diverse ...
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Supplier article
Jenny Davidson: Proving ROI on reward and benefits spend
Jenny Davidson (pictured), former director of compensation and benefits at CSC, will speak at Employee Benefits Live on 26 September about proving return on investment (ROI) on reward and benefits spend in the current economic environment.Employee Benefits asked her a few key questions.1. What has been your biggest challenge in ...
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Article
Sony agrees £4,400 pay settlement for intern
Sony Computing Entertainment has paid out £4,463 to a former intern after he claimed that he should be entitled to the national minimum wage for the work he had undertaken.Chris Jarvis, a video games art and design graduate, interned for Sony Computer Entertainment Group between 17 September and 7 December ...
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Article
Mercer acquires benefits data provider in Africa
Mercer has acquired a compensation and benefits survey data and reward information provider.Global Remuneration Solutions (GRS), which is headquartered in South Africa, conducts compensation and benefits surveys in 36 countries across sub-Saharan Africa and provides reward and mobility products and consulting to local and international organisations operating in Africa.Gaurav D. ...
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Article
Camden and Islington NHS aims for payroll savings
Camden and Islington NHS Foundation Trust has appointed a new payroll and pension services provider, through which it is on track to deliver savings of 55% on the cost of its payroll provision.The trust has awarded Equiniti ICS a five-year contract to provide fully managed services to the organisation’s defined ...
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Article
InterContinental Hotels chain completes £440m pension buy-out
InterContinental Hotels has completed a £440-million buy out for the Intercontinental Hotels UK Pension Plan.The deal means that the benefits payable to the defined benefit (DB) pension plan’s 3,000 members, including any missing beneficiaries that emerge in the future, have been insured by Rothesay Life.The move means the plan’s members ...
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Supplier article
Health Shield staff take part in triathlon for bowel cancer charity
Thirty-seven Health Shield triathletes will attempt a 500m swim, a 20km cycle and a 5km run at the North West Triathlon event on Sunday 8 September. As well as four Health Shield staff who are taking on all three parts of the triathlon, 11 teams of three have also been ...
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Article
The top 10 most visited stories on Employee Benefits this month
Man City FC to launch recognition programmeCalculating the cost of auto-enrolmentRecommendations published on benefits tax rulesHSBC implements new all-employee benefits strategyTPR investigating 89 employers for auto-enrolment non-complianceHolidays wreak havoc among employeesFirst auto-enrollers less likely to wait for staging dateRoyal Mail reduces DB pension liabilitiesLondon Overground launches online voluntary benefits planIn-house ...
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AnalysisIs it possible to implement a global health and wellbeing programme?
If you read nothing else, read this…Many health and wellbeing issues are common to all countries covered by a programme.The type and prevalence of medical treatments will vary from country to country.Interventions such as healthy eating and physical activity are relevant despite geographical location.Multinational employers should be aware of what ...
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Opinion
Dame Carol Black: A healthy workplace is a global issue
It is self-evident that for each individual of working age, being sufficiently healthy is a condition for entering and maintaining work for as long as is necessary or possible. Indeed, maximising healthy working life is a desirable goal for individuals and society, everywhere. There is compelling evidence that the conditions ...
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Case Studies
American Express rolls out global health programme
The programme covers four areas: nutrition, exercise, healthcare and emotional wellbeing. Breckon Jones, director of health and benefits, Europe, Middle East and Africa (EMEA) at American Express, says: “Common health risks are mental wellbeing, obesity and sedentary lifestyle. This is fairly consistent around the world, although there are many cultural ...
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Article
PeopleValue and 25 Consultancy launch Sports4Rewards scheme
This article has been supplied by our channel sponsor, PeopleValue.PeopleValue, a leading provider of loyalty, incentive, reward and recognition and benefit technology, and 25 Consulting have launched a service to help sports clubs retain and win new memberships.The Sports4Rewards service will facilitate club members offsetting the cost of their memberships ...
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AnalysisHow to devise a Christmas incentives strategy
If you read nothing else, read this…Employers are becoming more comfortable about investing in Christmas incentive programmes.Many organisations have had to delay their plans because of unfinished workloads from the first half of the year.Retail vouchers, particularly for supermarkets, remain the most popular Christmas incentive.Reasons include a lack of resources, ...
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Opinion
Richard Fleet: High auto-enrolment contributions disadvantagous
I refer to your article Calculating the cost of auto-enrolment (August 2013).The summary opines that: “An investment is being made, so employers should make sure that there is value in that investment by communicating with, and educating, employees.”I have to take issue with this. There is no question of this ...
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Article
Private sector pay sees bonus bump
The report said: “It is plausible that the underlying private sector pay growth has remained close to 1% since the start of the year.”The MPC expected any increases during the rest of 2013 to be down to deferred bonuses.This data was reflected in a separate report by the Office for ...
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Opinion
Iain McMath: Cost-efficient Christmas incentives
When looking at Christmas incentive strategies, employers need to remember how diverse their workforce is and, consequently, what individuals would, or would not, appreciate as a gift. For example, a non-drinker may not appreciate a bottle of wine or champagne, and a vegetarian is likely to balk at a frozen ...
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Article
Kodak pension plan finalises acquisitions
The UK Kodak Pension Plan (KPP) has completed its acquisition of the Kodak Personalised Imaging and Document Imaging businesses.KPP acquired the organisations from Eastman Kodak Company and subsequently created a new organisation, Kodak Alaris.The new company will focus on strategic, ongoing investments for these organisations.The move follows KPP filing the ...
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Article
Employee benefits consultants not always offered perks
More than a third (35%) of employee benefit consultants are not offered an employee benefits package by their own employers, according to research by MetLife Employee Benefits.Its research, which surveyed 121 benefits consultants in January 2013 also found that 33% of respondents are offered employee benefits in addition to an ...