All Employee Benefits articles in Web Issue – Page 673

  • Article

    The top 10 most read stories this week

    2013-10-10T23:30:00Z

    1. Bank of America extends smoking cessation plan2. Demonstrating ROI is top priority for HR3. New guidance on public sector pension transfers4. Tax on benefits-in-kind should be equal5. Ineos Refining consults on DB pension closure6. 22% of staff feel supported when stressed at work7. PruHealth to launch integrated health product8. ...

  • Article

    Desk lunches are good for you

    2013-10-11T00:00:00Z

    Who knew that sitting at a desk for the whole day, even through lunch breaks, could actually be good for you?A new survey has found that enforcing lunch breaks for employees may actually cause them to be more tired than allowing them to work during lunch hours.Earlier this year, health ...

  • Article

    DOD’s blog: The summer I broke down

    2013-10-11T00:30:00Z

    Yesterday was World Mental Health Day. A day, I hope, many people took note of.I have particular empathy with people who are struck down with stress or depression because I have been there myself.In a nutshell, it was an accumulation of various events, mostly work-related, that led to my annus ...

  • Article

    94% offer annual bonuses to staff

    2013-10-11T11:18:00Z

    The vast majority (94%) of respondents offer an annual bonus to a broad range of their employee base, according to research by Towers Watson.Its research, which surveyed 120 employers, found that, despite challenging economic conditions, respondents said bonus payouts have remained at, or near, target levels over the past few ...

  • Article

    Public sector pay still higher than private sector

    2013-10-11T11:23:00Z

    Public sector employees in the north east, Merseyside and south west of England earn as much as £3,200 more than their equivalents in the private sector, according to analysis by think tank Policy Exchange.Its report, which analysed the Office for National Statistics’ Labour force survey, published between January and March ...

  • Article

    Vision Service Plan launches in the UK

    2013-10-11T11:27:00Z

    EXCLUSIVE: Vision Service Plan (VSP) has extends its eyecare offering to employers in the UK.The US eyecare provider, which works with 40,000 employers in the US, will offer optical benefits to employers, encouraging them to create wellness programmes for their employees through eyecare.VSP is working with the Association of Optometrists ...

  • Article

    JLT Employee Benefits completes DB pension buy-in

    2013-10-11T11:29:00Z

    JLT Employee Benefits has completed a buy-in contract with Prudential for its defined benefit (DB) pension scheme.The JLT UK Group Pension Scheme, which has liabilities of £120 million, has purchased an annuity to secure future benefit payments, reducing the volatility of the scheme’s projected funding requirements.The scheme has around 4,000 ...

  • Article

    2 Sisters Food Group to launch voluntary perks

    2013-10-11T11:30:00Z

    2 Sisters Food Group is to launch a voluntary benefits plan, an employee assistance programme (EAP) and an online health assessment programme in November 2013.The benefits, which are provided by Personal Group, will be available to the food manufacturer’s 24,000 employees at 47 locations around the UK.The scheme will also ...

  • Article

    Kodak Pension Plan to set up new DB scheme

    2013-10-11T11:33:00Z

    The Kodak Pension Plan (KPP) is to launch a new defined benefit pension scheme for its members.Almost all (92%) of the previous scheme’s members voted in favour of the establishment of the new plan, while less than 1% voted to enter the Pension Protection Fund (PPF) and 7% have yet ...

  • Article

    Ceridian launches auto-enrolment product for SMEs

    2013-10-14T10:57:00Z

    Ceridian has launched an off-the-shelf auto-enrolment product for small and medium-sized employers (SMEs).The technology and service providers’ product aims to help organisations with between 499 and 59 employees that will reach their staging date in 2014 and reduce the administrative burden of complying with auto-enrolment.It is delivered through Ceridian’s HRevolution ...

  • Article

    UK pension system not fit for purpose

    2013-10-14T11:01:00Z

    The UK pension saving system is out of date and not fit for purpose at a time when retirement prospects in the UK are more uncertain than ever, according to a report by independent pensions expert Dr Ros Altmann (pictured) and sponsored by MetLife UK.The Pensions – time for change ...

  • Article

    East Coast Mainline launches phone scheme

    2013-10-14T11:18:00Z

    EXCLUSIVE: East Coast Mainline has launched a smartphone and computer scheme for its 3,000 UK employees.Since its launch in mid-September, 550 staff have taken up the offer. John Hayhurst, head of HR at East Coast Mainline, said: “It has been a real surprise. We knew it was going to be ...

  • Article

    Government announces auto-enrolment changes

    2013-10-14T11:20:00Z

    The Department for Work and Pensions has announced new changes to auto-enrolment legislation, which are aimed at making it easier for future tranches of employers to enrol their employees into a pension scheme.The government received 112 responses to its consultation launched in September 2012 and has now finalised amendments to ...

  • Article

    Interview with Debi Povey, head of reward, Bwin.Party

    2013-10-14T14:49:00Z

    While she was collating a series of job descriptions during an HR restructure, she caught sight of a description for a reward analyst’s job and decided to apply for it.“They didn’t offer me the job, but I started working as a PA for the head of compensation and benefits with ...

  • Opinion

    Diana Bruce: Zero-hours contracts could be advantageous to employees

    2013-10-15T02:54:00Z

    In response to September’s Big Question, Should zero-hours contracts include minimum benefits provision?, by offering workers on zero-hours contracts a minimum benefits provision, there is debate that [employers] would then, in effect, be treating them as employees rather than workers, entitling them to certain statutory rights. The priority here, as ...

  • Article

    Direct Line Group appoints George Makris

    2013-10-15T03:58:00Z

    He was previously senior manager, executive remuneration at Deloitte.Makris had previously worked at Hay Group in a range of consultant roles, including senior consultant, executive remuneration and benefits.He also spent a year as corporate governance analyst at ISS and research analyst at Manifest.

  • Article

    Duncan Brown: Executive pay in overseas aid charities

    2013-10-15T04:00:00Z

    The TUC has a clear point of view on ‘excessive’ executive remuneration. In keeping with many working in HR, I agree with much of the press criticism and support the measures now being taken: the compulsory shareholder vote, clearer communications of the total value of packages, and so on.But the ...

  • Article

    Confidence in pensions rises to 59%

    2013-10-15T11:24:00Z

    Confidence in pensions among employees has risen in the past 12 months, according to research by the National Association of Pension Funds (NAPF).Its Workplace pensions survey, which measures employees’ perspectives on workplace pension savings and their preparations for retirement, found that confidence, particularly among staff already saving into a pension ...

  • Article

    Shell staff most active in Europe

    2013-10-15T11:32:00Z

    Shell has been named the most active organisation in Europe by the Global Corporate Challenge (GCC).The global oil and petrochemical company was chosen because nearly 14,000 employees across 34 countries took part in the 2013 GCC, an addition of 12 countries on its participation in 2013.The Global Corporate Challenge is ...

  • Article

    Oscar Mayer launches online benefits portal

    2013-10-15T11:34:00Z

    EXCLUSIVE: Oscar Mayer has launched an online benefits portal for employees to access all of their core and voluntary benefits in one place.The food production organisation consulted with its 1,600 employees and learned they wanted a package that contained all their core benefits, such as healthcare and legal advice, alongside ...