All news – Page 77
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Nelu Abeygunasekera: Should zero-hours contracts include minimum benefits provision?
Don’t be fooled, just because an arrangement is referred to as a zero-hours contract, it does not necessarily mean this is the case.Under a zero-hours contract, the employer is not obliged to provide a minimum amount of work and the worker is under no obligation to accept work that is ...
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Government announces TUPE change proposal
The government has announced proposed changes to the Transfer of Undertakings (Protection of Employment) Regulations (TUPE) rules.The move comes in response to a consultation on TUPE regulations earlier this year.The government has confirmed that:Employers will be able to renegotiate terms and conditions provided for in collective agreements one year after ...
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PeopleValue and 25 Consultancy launch Sports4Rewards scheme
This article has been supplied by our channel sponsor, PeopleValue.PeopleValue, a leading provider of loyalty, incentive, reward and recognition and benefit technology, and 25 Consulting have launched a service to help sports clubs retain and win new memberships.The Sports4Rewards service will facilitate club members offsetting the cost of their memberships ...
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TUC lodges agency workers pay complaint
The Trades Union Congress (TUC) has lodged a formal complaint with the European Commission (EC) against the UK government, alleging it has failed to implement the Temporary and Agency Workers Directive properly.Under the UK’s Agency Workers Regulations 2010 (AWR) legislation, agency employees are entitled to the same basic pay as ...
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PeopleValue announces supplier relationship with John Lewis
This article has been supplied by our channel sponsor, PeopleValue.PeopleValue, a leading provider of loyalty, incentive, reward and recognition and benefit technology, and John Lewis, the UK’s largest department store retailer, have agreed a supplier relationship that allows PeopleValue’s reward clients to redeem points against products provided by the retailer.John ...
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Shares for rights scheme comes into force
The government’s Employee Shareholder Scheme came into force yesterday.The scheme, also known as shares for rights, was passed in Parliament after the government made several concessions to its original proposals.The legislation will enable staff to swap some of their employment rights, including unfair dismissal and redundancy rights, for shares in ...
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Charles Cotton: Should zero-hour contracts include a minimum benefits provision?
With a zero-hour contract, certain minimum employee benefits can already apply. For instance, some contracts are undoubtedly employment contracts and will attract the full protection of employment regulation, including holidays. But in other cases, those on zero-hour contracts will only be casual workers, who have some statutory protections but not ...
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UK reference agency launches PeopleValue Advantage scheme
This article has been supplied by our channel sponsor, PeopleValue.About HomeLetHomeLet is the UK’s largest supplier of referencing to the lettings industry. There are circa 12,000 letting agents in the UK and HomeLet has more than 25 per cent of their market. They support a growing network of more than ...
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Tata Steel selects PeopleValue Advantage voluntary benefit
This article has been supplied by our channel sponsor, PeopleValue.Company backgroundTata Steel Europe (formerly Corus) has main steelmaking operations primarily in the UK and the Netherlands. The company supplies steel and related services to the construction, automotive, packaging, mechanical engineering and other demanding markets worldwide.It is a subsidiary of Tata ...
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Hogg Robinson offers PeopleValue Advantage staff discount scheme
This article has been supplied by our channel sponsor, PeopleValue.Company backgroundHogg Robinson Group (HRG) has a long and prestigious history; established in 1845, it operates from headquarters in Basingstoke, Hampshire, UK. Its interests include owned or controlled corporate travel services operations in 25 key driver/growth markets throughout North America, Europe ...
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Article
Employee benefits tax recommendations may never be implemented
The Office of Tax Simplification (OTS) published an interim report last month as part of its review of the tax rules around employee benefits and expenses.The overall aim of the review, which was announced in January 2013, is to look at opportunities for simplification.The first stage of the review, which ...
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Article
Government to name below-minimum-wage payers
Employers that fail to pay the national minimum wage (NMW) are to be publicly named and shamed from October 2013.The government’s announcement is part of its efforts to toughen up enforcement of the NMW and increase compliance.Under the original NMW naming scheme, employers had to meet one of seven criteria ...
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Former Co-op employees fight for bonuses
Former employees of the Co-operative Group have launched legal action against the employer over unpaid bonuses worth around £1 million.The 10 employees, who worked for Co-operative Insurance Society, the mutual’s insurance organisation, which was sold to Royal London in July 2013, have launched formal grievance proceedings against the Group.The move ...
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Consultation launched on longevity risk
The Bank of International Settlements has launched a consultation on the longevity risk transfer (LRT) market.The consultation, Longevity risk transfer markets: market structure, growth drivers and impediments and potential risks, said that longevity risk, the risk of paying out pensions and annuities for longer than anticipated, is significant when measured ...
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EU bonus cap will cause talent exodus
More than nine in 10 (93%) respondents expressed concern about losing talented staff to international opportunities as a result of the EU bankers’ bonus cap, according to research by Robert Half Financial Services.Its research, which surveyed 100 UK executives at financial services firms, found that 38% are ‘very concerned’ and ...
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Recommendations published on benefits tax rules
The Office of Tax Simplification (OTS) has published an interim report as part of its review of the tax rules around employee benefits and expenses.The overall aim of the review, which was announced in January 2013, is to look at opportunities for simplification.The first stage of the review, which covers ...
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Gain tax and legal advice at Employee Benefits Live
In the auto-enrolment drop-in sessions, delegates can seek advice and support from legal experts and industry mentors, while salary sacrifice drop-in sessions will have tax specialists on hand to answer all delegates questions.Careers clinics, meanwhile, offer the opportunity for delegates to gain career advice and find out how to progress ...
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DWP publishes final proposals on pension disclosure rules
The Department for Work and Pensions (DWP) has published its final proposals around the disclosure of information for workplace and personal pension schemes.The occupational and personal pension schemes (disclosure of information) regulations 2013 report presents an analysis of the responses to the DWP’s consultation, which was open between February and ...
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ArticleYoung people could lose £100,000 on pensions
Young people who delay saving for a pension until they reach middle age could lose up to £100,000 in employer pension contributions and tax relief, according to research by pension consultancy Barnett Waddingham.The research found that a 25-year-old, earning £25,000 per year, who delays joining a generous workplace pension scheme ...
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Consultation published on variable pay for bankers
The European Banking Authority (EBA) has launched a consultation on the instruments that can be used by banks to satisfy the standards of its bankers’ bonus cap legislation.The EBA’s draft Regulatory Technical Standards, which includes the requirement for banks to pay 50% of variable remuneration in non-cash instruments, is expected ...