All Employee Benefits articles in Web Issue – Page 680
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Article
Universal Provident to withdraw hybrid health plan
Universal Provident is to withdraw its hybrid health plan from the market.The Oasis Plan, which included a £15,000 lump-sum serious illness benefit, major medical expenses and a hospital plan component, was a hybrid health cash plan and private medical insurance (PMI) scheme.Dale Tranter (pictured), assistant group manager at Universal Provident, ...
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Article
Top 10 most read stories of the week
The top 10 most visited articles on employeebenefits.co.uk during 24-31 October:1. Innocent Drinks staff share £19m bonus payout2. 48% feel stressed at work3. How to develop a career in employee benefits4. DWP consults on pension charges5. Enhanced redundancy payments for older workers not discriminatory6. Barclays launches new benefits website7. Mitie ...
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Article
Schoolboy lands dream theme park job
Something for the weekend…A lucky schoolboy has landed every child’s dream job after beating 300 other hopefuls in a competition. Adam Willsher, 11, had the luxury of Paultons Park all to himself as he took on the role of official ride tester, no doubt making his friends very jealous.The benefits ...
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Article
Eskom Pension Fund appoints DB pension administrator
The Eskom Pension and Provident Fund (EPPF) has appointed international fiduciary and funds services group Maitland to provide investment administration and management.The EPPF is one of the largest defined benefit (DB) pension schemes in South Africa. It manages more than R96 billion (£5.9 billion) on behalf of 88,000 members.A portion ...
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Article
Severn Trent Water outsources payroll admin for RTI and auto-enrolment
Severn Trent Water has appointed MidlandHR to provide payroll administration for real-time information (RTI) reporting and auto-enrolment.The contract, which will be in place for the next seven years, aims to provide payroll support through organisational and legislative change.MidlandHR, which has worked with the utilities organisation for 10 years, has already ...
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Article
Firefighters to strike again over pensions
Firefighters across England and Wales are set to strike on 1 and 4 November over the government’s reforms to their pension scheme.The proposed pension changes, which were set out in the Public Service Pensions Bill 2013, include a move to career-average pension schemes, instead of final salary schemes, and a ...
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Article
Premier Foods closes DB pension
Premier Foods has closed its defined benefit (DB) pension scheme to future accrual.The closure, which was disclosed in the food manufacturer’s Interim management statement for the three months ending 30 September 2013, took place at the end of September to enable to organisation to better control its pension costs.The 3,800 ...
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Article
European Global Mobility Summit and Emmas to take place on 8 November in London
The European Global Mobility Summit is where practitioners in this area come together to discuss and discover new opportunities in the ever-evolving expatriate management industry.At the conference at the Lancaster London Hotel, leading speakers will share practical information and insights into the most important issues in global mobility. Alongside this, ...
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Article
Debbie Lovewell: Rethink motivation approach
Last month, the Global employee engagement trends report 2013, by management consultancy Hay Group, found that, in the UK, almost half (44%) of employees included in its sample do not believe their employer plays its part in motivating them. Also, 41% said conditions in their job do not allow them ...
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Article
Anthony York: How can employers offer benefits to suit all generations of employees?
Can employers offer benefits to suit all generations of employees? Yes. How? It depends …It usually isn’t possible to keep everyone happy all of the time. But a strategic view of requirements, openness to new ideas and (of course) a willingness to invest will get you a lot closer to ...
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Article
Confessions of a benefits manager: Rebranding benefits
Well, as part of the project, Big Bad Boss has been asked to look at the HR stuff on the ‘Wonders of Working Here’ page. Apparently we don’t sufficiently promote the benefits of selling your soul to a US company that expects you to forfeit in blood for a measly ...
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Case Studies
Browne Jacobson takes proactive approach to employee wellbeing
The law firm’s 700-plus employees have access to a range of initiatives that have a dual aim of preventing long-term absence and optimising employees’ workplace health.The employer’s sport and social club, for example, has been running subsidised lunchtime pilates classes for nearly six months, and were so popular that a ...
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Article
Plenty of buzz at Employee Benefits Live 2013
Celebrating its 15th year, the largest reward and benefits event in Europe saw a 6% increase in the number of attendees.Professionals came together to network, share ideas, benchmark suppliers, gain advice from experts and attend conference sessions.More than 100 exhibitors, some of which were new to this year’s event, showcased ...
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Article
Challenges around auto-enrolment postponement
The move flagged up some small print in the auto-enrolment legislation, which states employers must offer eligible employees the ability to auto-enrol into a qualifying pension scheme on their official staging date, regardless of whether or not they postpone the auto-enrolment process.The Pensions Regulator (TPR) states in its guidance: “If ...
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Article
Young women caught in low-pay cycle
The proportion of young women working in low-paid jobs has trebled over the past 20 years, according to research by The Work Foundation and commissioned by the Trades Union Congress (TUC).The gender jobs split research found that, between 1993 and 2011, the share of females between the ages of 16 ...
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Article
12,592 university staff paid less than living wage
Almost 13,000 university employees are paid less than the living wage, according to research by trade unions Unison and the National Union of Students (NUS).The research, which looked at universities across England, Scotland, Wales and Northern Ireland, found that the median lowest wage for UK university staff is £7.39, less ...
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Article
Post Office calls off pay strike
Post Office employees have called off scheduled strike action over pay.The strike, scheduled for 4 November, was called off following a letter from Paula Vennells, chief executive officer of the Post Office.Post Office employees have not received a pay rise since April 2011 as a result of an organisation-wide pay ...
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Article
London living wage increased to £8.80
London Mayor Boris Johnson (pictured) has announced an increase in the London living wage from £8.55 to £8.80.More than 400 employers will celebrate their commitment to the living wage throughout Living Wage Week, between 4 and 8 November.Organisations, such as the National Portrait Gallery, Oxfam and Pearson, are among the ...
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Article
Freshfields appoints Rachel Bern
Law firm Freshfields Bruckhaus Deringer has appointed Rachel Bern international compensation and benefits manager.Her previous roles include reward adviser in the international headquarters of NBC Universal, reward analyst at Rexam and reward assistant at the Coca-Cola Company.
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Article
Employers invest in healthcare and wellbeing benefits
Oxfam launched an employee assistance programme (EAP) for its 1,300 staff, as did 2 Sisters Food Group, which introduced the benefit to coincide with an online health assessment programme.Meanwhile, French kitchenware manufacturer Le Creuset now offers its UK staff an on-site gym run by Personal Touch Fitness.James Shillaker, chief executive ...