All Employee Benefits articles in Web Issue – Page 743
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Case Studies
Wates Group values benefit suitability over return on investment
Wates Group has yet to decide how it will monitor the return on investment (ROI) of the workplace health kiosks it is introducing this year.But Melisa Hanratty, HR programme manager at Wates Group, says ROI is not the programme’s focus. “It is less about money and more about getting something ...
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Analysis
How to get a return on investment on health checks
If you read nothing else, read this…Employers have a duty of care to optimise their employees’ health and wellbeing.Basic workplace health checks can measure employees’ weight and blood pressure.But employers need to consider how to get a return on investment.For example, benefits fairs, where an employer’s healthcare providers showcase their ...
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Opinion
Oliver Gray: Do workplace health checks give employers value for money?
Do workplace health kiosks really create change and improve employee wellbeing? Is health screening the best use of employers’ wellbeing budget? In my experience, the answer is no to both these questions.The number one objective for any employee wellbeing activity is to improve the health and wellbeing of staff. So ...
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Article79% of employers support the government’s pension reforms
More than three-quarters (79%) of employer respondents are supportive of the government’s pension reforms, according to research by JLT Employee Benefits.Its research, which surveyed 250 employers and 2,000 UK employees, found that a quarter of employer respondents would amend their pension scheme’s rules to allow flexible retirement, while another quarter ...
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ArticleSwiss Re to acquire HSBC’s pension business
One of Swiss Re’s business units, Admin Re, has agreed to acquire group pension and related annuity policies from HSBC Life (UK).The transaction, which will also include £4.2 billion in unit-linked assets, is subject to regulatory and court approval.It is expected to be completed in the second half of 2015.John ...
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ArticleMcDonald's motivates staff with World Cup events
EXCLUSIVE: McDonald’s Restaurants is raising employee engagement in the workplace and boosting staff motivation with events based around the 2014 Fifa World Cup.The restaurant chain has held two competitions for employees themed around the football tournament, which kicks off today (12 June), to help bring the event to life in ...
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ArticleTop 10 most read articles this week
The top 10 most read articles on employeebenefits.co.uk from 5-12 June:1. Consumer Rights Bill to impact salary sacrifice benefits2. Siemens and Asda shortlisted for total reward statements3. The role of independent governance committees4. Anglian Water raises awareness of mental health5. 76% say pay helps to motivate employees 6. Barclays partners ...
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ArticleDOD’s blog: Old is the new young
How many of you have sat in a meeting where some bright young thing (usually from marketing, in my experience) produces a printout of some vital spreadsheet on which the letters and numbers are so small only an ant could read them?“Not just ants”, they cry, “we can see six ...
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ArticleSpoof book used in Amazon pay protest
Something for the weekend…As some organisations continue to fail to pay the living wage, one way to get an employer’s attention might be to bring it to their customers’ attention.Campaigners Amazon Anonymous, which protests the fact that online retailer Amazon does not pay staff the living wage, did just that, ...
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ArticleUnum launches mental health first aid courses
Unum has launched mental health first aid courses for employees in organisations which have taken out its policies for their workforces.The two-day course, which was developed by Mental Health First Aid England, includes:Training for employees to recognise the signs and symptoms of mental ill health.Empowering employees to provide help and ...
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ArticleM&S and Thales shortlisted for alignment of benefits strategy
Marks and Spencer and Thales are among the employers that have been shortlisted for the award ‘Best alignment of benefits to business strategy’ at the Employee Benefits Awards 2014.This award gives employers the chance to demonstrate how their benefits strategy is aligned with their broader business strategy; for example, by ...
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ArticleThe AA appoints Mike Sullivan
The Automobile Association (AA) has appointed Mike Sullivan head of pensions.He moves to the organisation from his previous role as head of employee benefits and pensions at Veolia Environnement UK.Sullivan is also a past president of the Pensions Management Institute and is director of Sullivan Pension Outsourcing and Trustee Services.
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AnalysisWhy employee wellbeing should be on every business agenda
If you read nothing else, read this…Employers need to build staff engagement to help fight the war for talent. Organisations need to consider benefits that help differentiate them from competitors.Wellbeing plans need to be aligned to employers’ workforce demographics. As the economy strengthens and the job market improves, the power ...
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ArticleBDO appoints Debbie Thomson
BDO UK has appointed Debbie Thomson head of reward.She previously spent more than five years at EY, most recently as head of reward for the UK and Ireland.Other previous roles include head of reward at Starbucks Coffee Company, head of reward and recognition and HR systems at Pret A Manger, ...
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ArticleHermes Europe appoints Robert Drewell
Hermes Europe has appointed Robert Drewell head of reward and benefits.He was previously an interim senior reward consultant at Brakes Group.Drewell’s other previous roles include total rewards director at Molson Coors Brewing UK, senior HR executive at Damart, head of reward at United Utilities, head of reward at Northern Rock, ...
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ArticleRailways Pension Trustee Company appoints John Chilman
The Railways Pension Trustee Company has appointed John Chilman (pictured) chairman.He succeeds Derek Scott, who will retain his role as an employer director of the Railways Pension Scheme (RPS).Chilman has been a trustee director of the RPS since 2007, and is currently director of reward and pensions at FirstGroup.He has ...
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ArticleHeinz switches online benefits portal
Heinz has moved to a new online benefits portal for its 2,500 employees.The online portal allows employees across multiple offices to access all their benefits and reward information in one place.The food manufacturer previously offered a benefits portal provided by Serenity Flex and Reward, but following a review of its ...
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Opinion
Liz Wood: Contract-based pension schemes versus master trusts
Contract-based DC schemes and master trusts have both been around for years, despite the recent rebranding of master trusts. Both types of scheme are seeing a surge in popularity, spurred on by the arrival of auto-enrolment. The obvious appeal of both contract-based schemes and master trusts for employers is the ...
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ArticleKerrie Rowland: Should employers encourage the consolidation of small pension pots?
I believe it is difficult for employers to ‘encourage’ any particular actions in relation to pensions other than greater comprehension. From greater comprehension comes the understanding of what an individual can do with every part of their retirement savings responsibilities, not just the consolidation of small pots.We all tread the ...
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Opinion
Ruth Patel: Recognition strategy needs to create a positive feeling
Really forward-thinking employers understand where recognition sits in their overall people strategy. They think through the purpose of recognition and under what circumstances it will be most effective before determining the manner in which it will be delivered.Understanding how employees turn their intentions into behaviour is essential to putting in ...