All Employee Benefits articles in Web Issue – Page 820
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ArticleMetLife launches wellness programme for staff
Employee benefits provider MetLife has launched a wellness programme for its 400 UK staff.The scheme. which has been developed based on staff feedback, will be launched with a dedicated wellness week from 13-17 April.Through the programme, which is provided by Axa PPP Healthcare, staff will be offered individual health consultations ...
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ArticleAviva completes acquisition of Friends Life
Insurance organisation Aviva has completed its acquisition of Friends Life. The merger will create the UK’s largest insurance and savings business with more than 16 million customers.The acquisition does not change any policy terms and conditions for existing customers with either Friends Life or Aviva products.Aviva first announced the firms ...
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ArticleEmployee Benefits Wired launches on 28 April
The inaugural Employee Benefits Wired will take place on 28 April in association with mental health charity Mind and Legal and General.The first in a series of live webinars will see an expert panel discuss workplace mental health issues.During the session, key issues will be discussed, such as reducing stigma, ...
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Supplier article
Technical changes to automatic enrolment
The above item was the formal government response to a consultation document which focused on some small changes that might make the entire process of automatic enrolment both more logical and less onerous. The changes in question came into force on 1 April this year.One of the best summaries of ...
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Supplier article
Do you have staff leaving employment? Help them to stay covered
This could include:Private medical insuranceInternational private medical insuranceLife insurance with or without critical illness coverContinuing their cover can give your staff and their family valuable peace of mind and access to the right support if they need to make a claim.Ask your staff:Have you ever used your company’s healthcare/insurance cover?Have ...
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Supplier article
Is the growth in group risk cover enough?
The headline numbers from the above report are impressive: 200,000 more people received life and disability cover arranged by their employer in 2014, which itself built on a further 300,000 new people in 2013. The report goes on to state that the numbers covered for these crucial protections has increased ...
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ArticleTata Steel staff to be balloted on pensions strike action
Employees at Tata Steel are to be balloted on industrial action over the steel-making firm’s proposed closure of its defined benefit pension scheme.Trades unins Unite, Community, GMB and the Union of Construction, Allied Traders and Technicians (UCATT) intend to open the ballot for member of the British Steel Pension Scheme ...
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ArticleCarlsberg UK relaunches flexible benefits scheme
EXCLUSIVE: Carlsberg UK has relaunched flexible benefits scheme for more than 1,700 employees .The brewing organisation, which employs more than 40,000 people globally, has rolled out the scheme following its benefits review in 2014.It carried out the review in order to simplify its benefits administration and to boost take up ...
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ArticleFemale staff twice as likely to request childcare benefits
Female workers are twice as likely to ask their employer for childcare benefits than their male counterparts, according to research by PricewaterhouseCoopers (PWC).Its study of 2,423 UK employees also found that, when asked to select their two top workplace benefits, medical insurance was valued highly by 32% of women, but ...
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Article?Southeastern rewards staff with retail vouchers
Train operator Southeastern has rewarded its 4,044 employees with shopping vouchers for their professionalism through the disruption to services during improvement works to London Bridge station.Staff were given £25-worth of retail vouchers to spend at stores, such as including Boots, Mothercare and Sainsbury’s, as a one-off token of appreciation as ...
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Article
Developments impacting benefits in April
Exceptions meaning employers will not be not required to auto-enrol individuals who are leaving employment, staff who cancel membership of a pension scheme before automatic enrolment and those with tax-protected status for existing pension savings have been proposed under government draft legislationThe Employment Appeal Tribunal (EAT) ruled that type-two diabetes, ...
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Supplier article
ONS data shows UK companies employ nearly five million people worldwide
Overall, the number of employees working in a UKFA for the latest reporting period* has increased by more than 13 per cent from 4.39 million to 4.98 million.Countries with highest numbers of employees working in UKFAs: However, the countries with the largest growth in employees working in a UKFA are ...
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Supplier article
The politics of healthcare
While these policies will help to shape the NHS, they will also have ramifications for employers, affecting everything from the management of sickness absence through to the design of healthcare products and wellbeing initiatives offered to employees.With their manifestos scheduled to be published this week, Jelf Employee Benefits has reviewed ...
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AnalysisShilling industry insight: Freedom and choice - X marks the opportunity
If you read nothing else, read this…Latest reforms present opportunity to, and requirement for, employees to take ownership of retirement planning.Generation X is at risk of falling between the cracks and needs to be educated now.Effective governance can identify employees at risk much earlier.A long-term communications strategy that uses personalisation ...
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Article87% of staff say employers should pay living wage if affordable
Some 87% of respondents believe that organisations which can afford to pay the national living wage should do so, according to research by Nationwide Building Society.The living wage, which is currently set at £7.85, or £9.15 in London, is higher than the current national minimum wage of £6.50 per hour ...
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ArticlePeel Ports Group to add cars and holiday trading to flex
Peel Ports Group is to introduce a green cars scheme and holiday trading to its flexible benefits scheme to help keep it fresh for employees.The organisation will allow employees to opt into the new benefits during its enrolment window in May, with the savings made from tax-efficient benefits schemes being ...
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Article
Southern Water and Telefónica shortlisted for pension communications
Southern Water and Telefónica are among the employers that have been shortlisted for the award ‘Best pension communications’ at the Employee Benefits Awards 2015. The award, sponsored by Scottish Widows, gives employers the chance to demonstrate a successful communications strategy.Judges were looking for an employer that helped boost employee knowledge, ...
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ArticleTop 10 most read stories this week
The most read stories on employeebenefits.co.uk from 9-16 April 2015:1. New exemptions introduced for auto-enrolment2. McDonald’s employee spends birthday in style3. Carlsberg UK relaunches flexible benefits scheme4. How to review a pensions governance policy5. Aviva completes acquisition of Friends Life6. Employee Benefits Wired launches on 28 April7. MetLife launches wellness ...
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ArticleWaitrose staff motivate with song at AGM
Something for the weekend…Waitrose staff in south-east London funked up its annual general meeting (AGM) to help put a smile on colleagues’ faces. Around 40 employees at the supermarket’s Bromley branch took part in a parody of the song Uptown Funk.With every store holding its own AGM, the three-minute long ...