All news – Page 91
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Aon Hewitt research: Staff believe employers view engagement surveys as tick-box exercises
The majority of employees across the UK and Europe believe their employers view employee engagement as a tick-box exercise, according to research by Aon Hewitt.Managers: your strongest or weakest link in driving employee engagement? found that only 18% of employees surveyed strongly believe that engagement survey results will be acted ...
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MetLife Assurance research: Staff in DB schemes are fearful of switching jobs
Nearly 40% of employees in defined benefit (DB) pension schemes would be reluctant to move to a new job for fear of damaging their retirement savings, according to research by pensions risk transfer provider MetLife Assurance.More than six out of 10 workers would be deterred from moving jobs to an ...
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Mercer research: Final salary scheme deficits broadly unchanged
Accounting deficits for defined benefit (DB) pension schemes has only risen by £11 billion despite volatile markets, according to research by Mercer.The consultancy's Pensions risk survey showed that accounting deficits of £64bn at 30 September show relatively small increase from £53bn at 31 August.Falling corporate bond yields, which are used ...
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Interim Partners research: Pay for top interims rises
Salary rates for interim executives have risen, driven by businesses hiring at senior management level, according to research by Interim Partners.The research found that 79% of interim executives are now paid over £500 per day, up from 74% last year.According to Interim Partners, the increase could signal a thaw in ...
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Xafinity Corporate Solutions research: UK pension scheme deficits reach record low
The aggregate deficit of corporate pension schemes in the UK has reached a record low in 2011, now standing just above £300 billion, according to research by Xafinity Corporate Solutions.Based on assumptions at the end of September 2011, total liabilities across occupational pension schemes have now fallen below £1.3 trillion.Hugh ...
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CIPP research: Less than 10% of UK workers have option of flexible working
Less than 10% of UK employees have flexible working arrangements as part of their contract, according to research by the Chartered Institute of Payroll Professionals (CIPP).The research also found that over one-third (36%) would like to be able to work from home under flexible working arrangements. Nearly half (43%) were ...
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Hewitt New Bridge Street research: A quarter of FTSE 100 companies have frozen salaries
Around a quarter of FTSE 100 companies have frozen salaries, according to research by Hewitt New Bridge Street. Where salaries were increased for 2011, this was typically a modest 3%, broadly in line with inflation and workforce salary increases.The report, FTSE 100 directors’ remuneration 2011, also showed the median value ...
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Friends Life research: Female employees' pension contributions fall year on year
Female workers in most age groups have seen their pension contributions cut year on year, according to research by Friends Life.The Friends Life workplace savings index revealed that the rolling 12-month average pension contribution for women under 30 decreased by £2 to £128 a month, while women aged 30 to ...
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Aviva Health research: Employers and staff believe productivity is directly related to health
Three in five (63%) UK employers and over three-quarters (78%)† of employees believe that health has a direct effect on productivity, according to research by Aviva Health.The annual Health of the workplace report found that 47% of employers said that the impact of the recession has made them realise the ...
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EXCLUSIVE: Personal Group research: Employers plan to review delivery of employee benefits
Almost half (40%) of employers plan to review the management and delivery of their employee benefits, according to research by Personal Group.Its Benefits insights survey, which polled 58 organisations across a range of sectors, also found that 13% of respondents said they were under pressure to reduce the cost of ...
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Kronos research: Employees pull sickies to watch TV
Half of UK employees (50%) call in sick to work in order to spend the day watching television at home, according to research from Kronos.The Kronos absence survey found that, of these employees, 69% were in the 16 to 24 age group.In the UK, 43% of employees admit to calling ...
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Harvey Nash research: FTSE 100 CEOs penalised for poor share performance
FTSE 100 chief executive officers (CEOs) who served continuously in the lead up to, and through, the downturn are more likely to be penalised for poor share performance, and rewarded when it improves, according to research carried out by the Harvey Nash Board Practice, and the London Business School.The research ...
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Ranstad research: Hong Kong employees to seek pay increases up to 10%
Employees in Hong Kong will seek pay increases of up to 10% in the year ahead as business leaders see promising local growth, according to research by Ranstad.The Ranstad World of work report 2011/2012 is part of Ranstad’s annual Asia Pacific study that gathered the perceptions of 8,200 employees and ...
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NAPF research: Confidence in pensions at a record low
Almost half (48%) of working adults have no confidence in pensions, compared to other ways of saving, according to a survey by the National Association of Pension Funds (NAPF).Its Pensions confidence index, which polled 896 employees in the UK, found that 42% of respondents are confident. However, this was the ...
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Aon Hewitt research: Salary increases to rise but still below inflation
Salary increases are projected to rise in 2012 but will still be below inflation, according to the UK findings of Aon Hewitt’s 2011-2012 European salary increase survey.The survey, which incorporates responses from over 230 UK organisations, found that salaries rose 2.5% in 2010, 3.1% in 2011 and are projected to ...
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The Voucher Shop research: Paper vouchers still popular in reward and incentive schemes
Almost half (46%) of employers are choosing to reward their staff with paper vouchers over plastic ones, according to research by The Voucher Shop.The poll was conducted among HR managers and executives across a range of sectors.Kuljit Kaur, head of business development at The Voucher Shop, said: “Paper vouchers continue ...
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Morgan McKinley research: New joiner salaries in financial services firms up by 3%
The average salary for those securing new roles in August rose by 3%, compared to the previous month, according to research by Morgan McKinley. The Morgan McKinley London employment monitor found that the average salary for new roles was £52,239, marking a continuation of financial services institutions keeping salaries for ...
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Field Fisher Waterhouse research: Employee-owned organisations are underperforming
Employee-owned organisations underperformed in the second quarter of 2011, dropping 9.4% compared to the FTSE All-Share which was up 0.9%, according to research by law firm Field Fisher Waterhouse.Since The UK employee ownership index (EOI), which monitors the share price performance of listed organisations that are over 10% owned by ...
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CIPP research: Pension schemes ranked as most offered benefit
The majority (85%) of employees rank a pension scheme as the most common benefit offered by employers, according to research by the Chartered Institute of Payroll Professionals (CIPP).Healthcare came in second place with 54%, and salary sacrifice schemes came in third with 52% of employers offering the benefit.Other employee benefits ...
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Capita Fiduciary Group research: Defined benefit pensions have significant financial impact
Defined benefit (DB) pension schemes have had a significant impact on UK organisations, according to research by Capita Fiduciary Group.The finance director survey: The management and impact of defined benefit pension schemes found that 86% of organisations that continue to operate DB schemes have suffered from a, primarily financial, increased ...