All Employee Benefits articles in Web Issue – Page 795
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ArticleKey tax and legislative changes that took place in December
The government announced plans to simplify pensions auto-enrolment to ease the burden on employers. The Department for Work and Pensions’ consultation, Technical changes to automatic-enrolment: consultation on draft regulations, set out changes to legislation that include the introduction of an alternative quality requirement for defined benefit (DB) pension schemes.An Employment ...
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Article??Germany catches up with the UK on executive pay
German companies are catching up with those in the UK when it comes to executive pay levels, according to an annual study by Vlerick Business School’s Executive Remuneration Research Centre.Its report, which surveyed 512 companies in the UK, Germany, The Netherlands, France and Belgium, found that among those with assets ...
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ArticleVolvo introduces driver eyecare vouchers
Volvo Car UK has introduced eycare e-vouchers for employees who drive at work. The car manfacturer started offering the e-vouchers, provided by Specsavers Eyecare, in November 2014. Employees who use the e-voucher, which covers the cost of a full eye examination, can print it out or present it on a ...
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Supplier article
Group risk predictions for 2015 from Jelf Employee Benefits
He said: ‘Employers dipping their toes in the benefits waters for the first time should look to group risk as a vital protection tool for employers and employees alike; it is too often overlooked or not deemed an attractive enough product. However, there are a number of developments in this ...
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Supplier article
Healthcare predictions for 2015 from Jelf Employee Benefits
He said: ‘We predict three distinct areas that will consume much of our industry’s resources in the forthcoming year. Having said that, it is a General Election year so the NHS will be high profile, as will the government’s yet-to-fully-roll-out Fit for Work scheme. I’m sure there are going to ...
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Supplier article
Global benefits predictions for 2015 from Jelf International
He said: ‘The tragic fight against Ebola in West Africa not only highlights the need for suitable international healthcare cover for those operating there at the moment but it is a very real wake-up call for any UK employer operating in a less developed area. Ensuring staff have adequate protection ...
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Case StudiesKronos staff rewarded for using wearable technology
These rewards include lower insurance premiums for US-based staff and wellness prizes, which could include wearable devices themselves. Staff simply have to upload their recent activity from their devices to the organisation’s wellness portal, where each employee has a personalised profile to accumulate the points required for rewards. Greater engagement ...
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ArticleABP Food Group cuts costs by revamping HR and pay systems
ABP Food Group has achieved annual cost savings of £150,000 by centralising its HR and payroll processes as part of its compliance with pensions auto-enrolment.The beef processing firm implemented a new system, provided by Advanced Business Solutions.ABP’s previous infrastructure was no longer suitable because all of its 16 sites used ...
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ArticleConfessions of a benefits manager: Candid meets the Highest Being
The effect that this news has had on us all is momentous. Reception has been redecorated. Facilities have cleared away all the piles of junk hiding in corners, and suddenly provided the new storage furniture we’ve been requesting for years. They have even bought a fancy new capsule coffee machine ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 1-8 January 2015:1. DWP publishes Fit for Work guidance 2. City Link staff face non-payment of December pension 3. Why employers are transforming specialist reward and pensions staff into benefits generalists 4. Benefits market consolidates 5. Pensioners could sell annuities for ...
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ArticleNew Year's resolutions for benefits professionals
Something for the weekend…New Year, new me might be a modern cliché but with the first week of January coming to a close there could be some food for thought for benefits professionals over what they might do with their New Year’s resolutions.One obvious resolution to keep the workplace happy ...
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ArticleUber extends reward programme to UK employees
Cab firm Uber has launched a driver reward programme in the UK following its successful launch in the US in 2014. The firm’s drivers could receive more than £900 worth of benefits every year through the discount scheme-based programme, Momentum, in which they are automatically enrolled after their first 250 ...
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Article
Tesco closes DB pension and introduces new flex package
Tesco has confirmed plans to close its defined benefit (DB) pension scheme and to introduce a flexible benefits package for store workers to help the employer reduce annual costs of up to £250 million.The supermarket announced in a trading statement to the London Stock Exchange yesterday that it is going ...
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ArticleMicrosoft to close Employee Benefits Connect 2015
In his session, Coplin will explore how the rapidly rising volume of information is affecting all aspects of our lives, the problems we face, the mistakes and assumptions we make and how we should be using technology to reimagine how we live, work and do business.The keynote address, titled ‘The ...
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Supplier article
New year: new danger
The new flexibilities allowable under Freedom of Pensions legislation are very welcome to those saving for retirement. Yet such freedoms may also present criminals with new opportunities to ‘scam’ the unwary saver — potentially stealing some or all of an employee’s accumulated retirement wealth.This is, of course, devastating for the ...
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Supplier article
Fit for Work: guidance for employers published
The full document can be viewed on the government website. The publishing of this document does not, however, indicate that the FfW service is yet fully on stream. The actual timetable for the roll-out of this service is still unclear, and indeed the FfW website also gives no specific details ...
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Article22% of cancer patients feel pressured to return to work
Just under a quarter (22%), of cancer patients felt pressured to return to work straight after finishing treatment, although only 6% said they were under pressure from their employer or colleagues to do so, according to research by Bupa.Its research, which surveyed 205 adults who have completed treatment for cancer ...
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ArticleLast chance to enter Employee Benefits Awards 2015
Today (12 January) is your last chance to enter the Employee Benefits Awards 2015.If you have not entered already, make sure you don’t miss out. Visit the Employee Benefits Awards website for: information on how to enter; entry forms; and category details. The awards comprise 23 categories, allowing benefits professionals ...
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Case StudiesDiscovery Networks tunes in to employee health
Driving growth is one of the pay-TV programme organisation’s key business goals. This has seen it take risks to launch new channels and make strategic acquisitions, while maintaining and growing its flagship brands, the Discovery Channel, TLC and Quest.The organisation has had to rethink its benefits offer as it seeks ...
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ArticleEllen Broome: Is shared parental leave a good thing?
The reforms are a very welcome development. It is truly encouraging to see the government acknowledging the importance of supporting parents to make genuinely free choices about their work and family lives.By removing one of the key barriers to fathers playing a full and equal part in family life, the ...