Employee Benefits

UK - Companies can reduce employee hostility to DC pension plans by incorporating them into flexible benefit schemes, Gissings director Tim Webb claims.

UK - Watson Wyatt has launched a flexible benefits administration selection service to help employers with their selection of flex delivery systems.

UK - Kwik-Fit Financial Services has unveiled a £300,000 flexible benefits payout bonus for staff.

UK - Employers are increasingly offering key staff alternative non-cash benefits to retain them, new research shows.

UK - Employers are wasting nearly £5bn a year on undervalued employee benefits for younger members of staff, an employee benefits administrator claims.

UK - More than a quarter of firms offer staff flexible benefits - up from just over one in five firms a year ago, a new survey shows.

UK - Employee benefits consultant Jardine Lloyd Thompson and the Chartered Institute of Personnel and Development have produced a guide for employers on flexible benefits.

UK - Firms must go online to stop workers underestimating the value of employee benefit programmes, Mercer Human Resource Consulting claims.

UK - Supermarkets may turn their defined benefit schemes into non-contributory pension plans in a bid to slash National Insurance costs.

UK - Electronics giant Toshiba Information Systems has launched an online information service aimed at "demystifying" pensions for members of its £10m defined contribution scheme.