article thumbnail

Arthur J Gallagher acquires benefits provider Buck

Employee Benefits

Insurance brokerage, risk management and consulting services firm Arthur J Gallagher has completed acquisition of the partnership interests of BCHR Holdings, otherwise known as Buck. HR, pensions and employee benefits consulting, technology, and administration services provider Buck has 2,300 employees across the US, Canada and the UK.

article thumbnail

Lexmark completes £46 million pension buy-in

Employee Benefits

Credit: JHVEPhoto / Shutterstock.com Printer and image product manufacturer Lexmark has completed a £46 million pension buy-in for its UK division’s pension scheme. Broadstone provided annuity broking as well as scheme actuary, investment consultancy, secretarial and administration services.

Pension 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

University of Salford targets communications at specific employee groups

Employee Benefits

It offers pre-retirement seminars focusing on a holistic approach to pensions , tax implications, the psychological impact of leaving work, wills and estate planning, that are primarily aimed at older workers but do get interest from younger staff as well. They pass this on through meetings with each department.

Pension 98
article thumbnail

Benefits to support an older workforce

Employee Benefits

Employers can offer this tool to employees through benefits providers, while the Department for Work and Pensions has a dedicated website. Valued benefits include above-statutory pension contributions, group life and income protection cover, and healthcare provision.

Pension 111
article thumbnail

How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

Importance of benefits. Research published by benefits provider Unum in December 2021, meanwhile, found 40% of staff who quit their job say a better employee benefits package would attract them to a new employer. This is putting pressure on employers to re-evaluate the entire package they offer employees.

article thumbnail

Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Stershic, Workplace Consultant. Increasing Job Satisfaction: A comprehensive benefits package contributes to higher job satisfaction among employees. Pension Plans A pension plan is a benefit for employees. . "The way your employees feel is the way your customers will feel. " - Sybil F.

article thumbnail

How to Design an Employee Benefits Program Effectively

Empuls

Retirement benefits Retirement benefits include pensions, 401(k)s, and other retirement savings plans. Time-off benefits These benefits include paid time off, sick leave, and vacation time. Consult with legal and HR professionals to ensure you comply with all legal requirements.