All Employee Benefits articles in Web Issue – Page 660
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Article
Hertfordshire Council to launch benefits portal
Exclusive: Hertfordshire County Council is to move its benefits offering onto an online portal on 9 September 2013.The move is part of a re-branding exercise designed to make its benefits package more accessible to all employees.The Herts Rewards scheme, provided by Asperity Employee Benefits, will initially be available through the ...
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ArticleMost employers plan to auto-enrol all staff into same scheme
One in 10 employers that have auto-enrolled staff used different pension plans for executives and the rest of the workforce, according to the Employee Benefits/Capita Pensions Research 2013.But the research, which surveyed 370 HR and benefits managers, found that the vast majority of employers that have gone through, or still ...
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Article
Friends Life launches social network tool
Friends Life has launched a social network employee benefits tool.Called E-community, the new interactive online employee benefits portal has been designed to create an e-community for employees enrolled in a Friends Life pension scheme, to enable them to gain a better understanding of their retirement savings options, as well as ...
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Article
1.4m more employees earn below the living wage
The number of people who earn below the living wage has risen by 14%, from 3.4 million in 2009 to 4.8 million, according to a new report by the Resolution Foundation.The Low Pay Britain 2013 report, which is based on official statistics and analysis, also revealed that:The living wage was ...
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Supplier article
Nik Butcher: Communicating with a diverse workforce
Nik Butcher (pictured), total rewards manager, Europe, Middle East and Africa at Kao Group will speak at Employee Benefits Live on 25 September about communicating with a diverse workforce.Employee Benefits asked him a few key questions.1. What has been your biggest challenge in 2013?The biggest challenge this year has been ...
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Article
Government announces TUPE change proposal
The government has announced proposed changes to the Transfer of Undertakings (Protection of Employment) Regulations (TUPE) rules.The move comes in response to a consultation on TUPE regulations earlier this year.The government has confirmed that:Employers will be able to renegotiate terms and conditions provided for in collective agreements one year after ...
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Article
Top 10 most read stories this week
Employers will still be involved in childcare voucher provisionThe impact of social trends on flexible benefits plansEmployers fail to survey pension communication preferencesMost employers plan to auto-enrol all staff into same schemeHotel chain completes £440m pension buy-outShares for rights scheme comes into forceHertfordshire Council to launch benefits portalTUC lodges agency ...
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Article
Supercalifragilisticexpialidocious
Something for the weekend…Is it a bird? Is it a plane? No…it’s a nanny.Etihad Airways has launched an in-flight flying nanny childcare assistance programme for families.The airline has partnered with Norland College, a training centre for nannies worldwide, to deliver a specialist childcare training programme for 500 cabin crew.The flying ...
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Article
HR4UK launches tax-paid reward scheme
HR4UK has introduced a tax and national insurance-paid employee reward scheme to its Employment Handbook system.The Rewards voucher cheque scheme is designed to enable employers to provide their staff with motivational incentives with the basic rate tax already paid, removing the typical associated paperwork or follow-on tax bill, plus the ...
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Article22% of employers to continue running DB pension
More than one-fifth (22%) of respondents that offer a defined benefit [DB] pension plan will continue to offer it as a fully-functional scheme in the next two years, according to Employee Benefits/Capita Pensions Research 2013.But 15% of respondents with a DB scheme plan to review their plan’s future and 8% ...
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Article
Total assets of global pensions up by 10%
The total assets of the world’s largest 300 pension schemes grew by almost 10% in 2012, compared to around 2% in 2011, to reach USD $14 trillion, according to research by Towers Watson and US investment newspaper Pensions and Investments (P&I).The P&I/Towers Watson global 300 research found that, by region, ...
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Article
Interview with Karen Gaynor, head of reward, Siemens UK and north-west Europe
Her previous roles have been in HR operations, but she moved to reward in 2009. “I was interested in, and got offered the opportunity, of head of reward after having done quite a lot of reward work in one of my business partner roles,” says Gaynor.“It was different, but I ...
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Article
Penguin Random House promotes Neil Morrison
Penguin Random House has appointed Neil Morrison group HR director for its UK and international operations following the merger of Penguin and Random House Group in July.He had been group HR director at the Random House Group since September 2008.Morrison’s previous roles include HR manager at Home Retail Group and ...
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Article
Transport for London promotes Stephen Field
Transport for London (TFL) has promoted Stephen Field to director of pensions and reward.He had previously held the role of head of reward and pensions at TFL since January 2008.Field’s other previous roles in reward include group pensions manager at the Automobile Association, pensions manager at Centrica and pensions administration ...
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Opinion
Malcolm McLean: Younger staff should pay more attention to pensions
Worrying what their financial standing might be in 40 or 50 years’ time is not something you would have thought would trouble most young people unduly.Although one recent poll did suggest there is a growing anxiety among some in their 20s about possible income shortfalls and healthcare problems for their ...
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Article
Nelu Abeygunasekera: Should zero-hours contracts include minimum benefits provision?
Don’t be fooled, just because an arrangement is referred to as a zero-hours contract, it does not necessarily mean this is the case.Under a zero-hours contract, the employer is not obliged to provide a minimum amount of work and the worker is under no obligation to accept work that is ...
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Opinion
Peter Murphy: Landmark ruling for DB schemes and sponsor
The ruling by the Supreme Court in the Nortel and Lehman versus The Pensions Regulator (TPR) case has been hailed as a landmark decision with significant consequences for lenders and the restructuring community. But is it as important for trustees of defined benefit (DB) pension schemes and their sponsors? At ...
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Supplier article
Carol Baylis: The role of technology in benefits management
Carol Baylis (pictured), total rewards director at Hitachi Data Systems, will speak at Employee Benefits Live on 26 September about the role of technology in employee benefits management.Employee Benefits asked her a few key questions:1. What has been your biggest challenge in 2013?We have a global request to drive benefits ...
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Article
NHS staff want improved benefits communications
Almost half (44%) of respondents felt that employee benefits communications in the NHS need to be improved, according to research by The Voucher Shop.Its 2013 NHS Employee survey, which was completed by 2,185 NHS staff across the UK, found that only 3% of respondents said benefits communications was excellent.The research ...
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Article
TPR publishes report on public sector pensions
The Pensions Regulator (TPR) has published information and research on current practice in eight categories of public sector pension schemes, ahead of it taking on an expanded role regulating standards of governance and administration for these schemes.From April 2015, TPR will set standards of governance and administration in the local ...