All news – Page 93
-
Article
Aviva research: Over one third of employers that offer food to staff do not offer healthy options
Over one third (38%) of employers that offer food to staff do not provide healthy options, according to research by Aviva.The research, Health of the workplace, which surveyed UK employers and employees about issues relating to workplace wellbeing, also found that 43% of employees said their managers encouraged lunch breaks ...
-
Article
XpertHR research: Average pay increases remain at 2%
Average pay increases have remained at the same level recorded a year ago, according to research by XpertHR.The research, based on the details of 99 pay awards settled in the three months to the end of July 2011, showed that the median basic pay increase was 2%.This is lower than ...
-
Article
KPMG research: Enhanced transfer value exercises on the increase
Enhanced transfer value (ETV) exercises are increasingly being offered to members of defined benefit (DB) pension schemes, according to research by KPMG. In the past three years, DB scheme members have been offered ETVs to leave their DB schemes, with a further 70,000 expected this year. On average, one in ...
-
Article
Morgan McKinley research: Dip in starting salaries in financial services
The average salary for employees in the financial services sector securing new roles in July 2011 dipped by 3% compared to salary levels for those starting new roles in July 2010, according to research by Morgan McKinley.The Morgan McKinley Employment Monitor found that the average salary for those securing new ...
-
Article
EEF research: Manufacturing pay settlements remain steady
Pay settlements in the manufacturing sector remain at normal levels, according to research by EEF and Jam Recruitment.The data for the three months to the end of July revealed that the average pay settlement for the period was 2.7%, up from 2.5% for the three months to the end of ...
-
Article
Barnett Waddingham research: FTSE 350 pension scheme deficits were down in 2010
The aggregate pension scheme deficit for FTSE 350 organisations was £48.3 billion in 2010, down from £58.1 billion the previous year, according to research by Barnett Waddingham.The research, Impact of pensions schemes on UK business, which collected data from the 221 FTSE 350 organisations, that have a defined benefit (DB) ...
-
Article
Hymans Robertson research: Buoyant return for pension scheme risk transfer market
The pension scheme risk transfer market has seen its busiest quarter since the credit crisis of 2008, with £1.4 billion deals completed, according to research by Hymans Robertson.The Managing pension scheme risk report Q2 2011 revealed that the second quarter of 2011 saw five providers each completing in excess of ...
-
Article
JLT Pension Capital Strategies research: Fewer firms have high equity exposure in their pension schemes
IAG, BT and BAE Systems are among FTSE 100 firms with the highest equity exposure within their pensions schemes, according to research by JLT Pension Capital Strategies (PCS).Despite finding that FTSE 100 firms with high equity exposure within their pension schemes fell by an average of 26%, The FTSE 100 ...
-
Article
Towers Watson research: FTSE 350 pension deficit rises £2 billion a day
Pension deficits of FTSE 350 organisations have increased at an average rate of more than £2 billion a day during August, according to research by Towers Watson.The firm calculated that the aggregate deficit in FTSE 350 firms' defined benefit (DB) pension schemes has increased by £21 billion so far this ...
-
Article
Baring Asset Management research: 38% of British adults do not have a pension
More than one-third (13.6 million) of British adults do not have a pension, according to research by international firm Baring Asset Management (Barings).The research, conducted online by ICM research on behalf of the firm, surveyed 1,589 working UK adults.It found that 1.4 million aged 55 and older do not have ...
-
Article
Office Angels research: Office managers see 3.6% salary growth
Officer managers were one of the few roles to record positive annual salary growth last month, up 3.6%.The figures, from the Office Angels salary watch report by Office Angels and Mysalarychecker.com, found the average salary for an office manager in July was £29,448, while receptionists recorded the lowest average salary ...
-
Article
Employers urged to consider the legalities of managing workers' pay after riots
Employers need to consider the legal implications of making changes to workers’ pay and managing their return to work following the riots to avoid disputes.Law firm Eversheds said that employers will have to pay employees absent from work because of the riots, unless there is a specific clause in an ...
-
Article
NAPF research: £120 billion wiped off UK pensions value
Stock market volatility has caused more than £120 billion to be wiped from the value of UK pensions in the past month, according to figures from the National Association of Pension Funds (NAPF).The figures take into account the fall in value of defined benefit (DB) and defined contribution (DC) workplace ...
-
Article
Adecco research: Employers confused about implications of Agency Workers Regulations
Many employers are confused about the implications of the forthcoming Agency Workers Regulations (AWR), according to research by Adecco.The survey of nearly 500 HR professionals found that respondents were particularly unclear about the impact of temporary workers’ benefits, including holidays and bonus eligibility.Employers are also unclear who is ultimately responsible ...
-
Article
Badenoch and Clark research: Public sector would rather have pay cut than lose pension
Nearly half (45%) of public sector workers said they would rather see their pay cut than their pension, according to research by recruiters Badenoch and Clark.The research, Re-branding the state: the public sector brand in an age of cuts, stikes and reforms, which polled over 1,000 public sector workers, also ...
-
Article
VocaLink research: Take-home pay down £1,200 since 2008
Employees are taking home more than £1,200 less pay compared to three years ago, according to research by VocaLink.The VocaLink Take-home pay index shows that both public and private sector pay outlooks are fragile, while overall take-home pay has fallen by £1,212 since the end of 2008.Income after tax and ...
-
Article
CIPD research: Salary freezes abound as cost of living overtakes pay
Employees continue to feel the effects of tight employment budgets and rising living costs as research from the Chartered Institute of Personnel and Development (CIPD) shows that pay levels have fallen below the current cost of living.The 2011 Employee Outlook: focus on pay research finds that just one in four ...
-
Article
Department for Work and Pensions research: A third of employers offer stress management or support to staff
One-third (32%) of employers offer stress management or support to staff, according to research by the Department for Work and Pensions (DWP).The DWP's Health and wellbeing at work: a survey of employees also found that only 38% of respondents reported having access to occupational health services. This was more prevalent ...
-
Article
Inez Anderson: What impact would integrating tax and NI have on reward?
The potential integration of income tax and NICs received a mixed reception, even though businesses have frequently argued that it would cut their compliance burden.The impact of integration on the structure of reward packages in the UK will depend on what integration ultimately means. Currently, the key three components of ...
-
Article
Graham Farquhar: What impact would integrating tax and NI have on reward?
The key potential gain from integrating the income tax and national insurance (NI) systems is simplicity, in the form of reduced administration and compliance costs, greater transparency and the removal of technical anomalies between the two bodies of legislation.It remains to be seen how, and to what extent, the systems ...