All Article articles – Page 405
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ArticleHerbert Smith Freehills appoints Vaughan
International law firm Herbert Smith Freehills has appointed Ellie Vaughan as senior reward and benefits manager.Previously, Vaughan worked as UK reward manager at legal organisation DLA Piper, reward manager at charity Alzheimer’s Society, and reward and recognition advisor at Cancer Research UK.
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ArticleNaylor joins Gilson Gray
Scottish legal firm Gilson Gray has appointed Lesley Naylor as HR director.Naylor, who has expertise in employee engagement, talent management, and in designing and implementing people strategies, will oversee the organisation's teams and offices in both Glasgow and Edinburgh as part of her new role.Previously, Naylor worked as HR and ...
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ArticleTotal pay falls by 0.4% in real terms
Total pay for employees in Great Britain, including bonuses, fell by 0.4% in real terms between May-July 2016 and May-July 2017, according to research by the Office for National Statistics (ONS).Its UK labour market: September 2017 report also found that regular pay, excluding bonus payments, fell by 0.4% in real ...
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ArticleSuperdry founders to fund long-term incentive scheme for 4,500 global staff
Global clothing retail organisation SuperGroup, which owns the Superdry brand, has launched a long-term incentive scheme for its 4,500 global employees, which will be funded by the organisation's founders.The three-year scheme, which will run between 1 October 2017 and 30 September 2020, will see SuperGroup founders Julian Dunkerton and James ...
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Article58% cite flexible working as most valued benefit
More than half (58%) of employee respondents cite flexible-working hours as the benefit they value as the most important, according to research by Sodexo Engage.Its survey of 2,001 UK adults also found that 47% of respondents identify a high salary as the benefit they value as the most important, compared ...
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ArticlePolice and prison officers to receive pay rises above 1%
Police officers across England and Wales are to receive a 2% pay award for 2017-2018, and prison officers are to see their pay rise by an average of 1.7%.The pay award for police, effective from 1 September 2017, includes a 1% increase in base pay and a one-off, non-consolidated 1% ...
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ArticleAcorne Rewards rebrands as Virgin Incentives
Acorne Rewards has rebranded as Virgin Incentives.The employee reward and recognition business, which provides experience and lifestyle rewards, includes brands such as Virgin Experience Days, The Virgin Gift Card, and Leisure Vouchers. The rebrand will also enable Virgin Incentives to work with other Virgin organisations.The rebrand has occurred alongside equity ...
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ArticleFleishmanHillard Fishburn launches new benefits to support work-life balance
Public relations organisation FleishmanHillard Fishburn has launched a range of new benefits to support employees' work-life balance, including flexible working, lifestyle and family-friendly benefit schemes.The new benefits were implemented on 11 September 2017 as part of the organisation’s #Listeningface campaign. This involved collecting feedback from FleishmanHillard Fishburn’s 250 employees via ...
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ArticleAcas reports a 7.1% mean gender pay gap
Corporate guidance and advice organisation Advisory, Conciliation and Arbitration Service (Acas) has reported a mean gender pay gap of 7.1% for hourly fixed pay at 31 March 2017.The organisation has recorded its snapshot data for 31 March 2017 in compliance with gender pay gap reporting regulations. The data has been ...
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Article
Nicolaides takes on UK reward at Whitbread
Hospitality organisation Whitbread has hired Nicos Nicolaides as its new head of UK reward and performance.Previously, Nicolaides was director, compensation and benefits at multinational hotel organisation InterContinental Hotels Group. He has also worked as international reward manager at DSG International, reward manager at Amey, and reward manager at First Choice ...
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ArticleDavid Hughes: What impact will CEO-to-employee pay ratio legislation have?
The government's tactic of naming and shaming organisations where there is significant shareholder opposition to senior executive remuneration packages raises the possibility of negative publicity for organisations with the largest disparity between executive salaries and workers' pay. It may already have started to take effect, with the average pay of ...
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ArticleCharles Cotton: What impact will CEO-to-employee pay ratio legislation have?
There is no doubt that the continuing polarisation of pay and reward between chief executive officers (CEOs) and employees in the UK has come to a head. According to the latest Chartered Institute of Personnel and Development (CIPD) and High Pay Centre research, published in August 2017, for every pound ...
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ArticleStefan Stern: What impact will CEO-to-employee pay ratio legislation have?
In the short term, there will be only a limited impact. We already know that there are some large gaps in pay in many workplaces. It is possible that there will be a few pleasant surprises, particularly as we work our way down the FTSE 250 index and into some ...
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ArticleTPR to prosecute Stotts Tours Oldham for pensions auto-enrolment failure
The Pensions Regulator (TPR) is to prosecute bus services organisation Stotts Tours Oldham and its managing director for failing to automatically enrol 36 employees into a workplace pension.The Greater Manchester-based organisation and managing director Alan Stott have been summoned to appear at Brighton Magistrates’ Court on 4 October 2017 to ...
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ArticleTake part in exclusive pensions research
What are the main retirement concerns facing your employees? What retirement support does your organisation offer staff? Is your organisation aware of how the General Data Protection Regulation (GDPR) might impact workplace pensions?Tell us how your organisation approaches pension saving and helps staff prepare for retirement by taking part in ...
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ArticleThe Pensions Quality Mark appoints Gregg McClymont as chair
The Pensions Quality Mark (PQM) has appointed Gregg McClymont as chair.McClymont is head of retirement at investment organisation Aberdeen Asset Management, and he previously served as shadow minister of state for pensions between 2011 and 2015.McClymont is also deputy chair of the Financial Conduct Authority’s (FCA) working group on institutional ...
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ArticleDebbie Lovewell-Tuck: Changing approaches to health and wellbeing
Employers’ approaches to and strategies around employee health and wellbeing have changed immensely over the 19 years in which we have been conducting research into this area.In the not-too-distant past, healthcare strategies tended to focus predominantly on benefits such as private medical insurance (PMI), designed to support employees once they ...
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ArticleSecond Finance Bill to legislate for pensions advice exemption and company car tax bands
A second Finance Bill 2017 has been introduced into Parliament, which includes the introduction of an income tax exemption for the first £500 of employer-arranged pensions advice, company car tax bands, and the retrospective application of the money purchase annual allowance (MPAA).A number of measures were dropped from the Finance ...
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ArticleBritish Airways to consult on closure of pension scheme to future accrual
British Airways (BA) is to launch a consultation on the proposed closure of one of its defined benefit (DB) pension schemes to future accrual.Under the proposals, the New Airways Pensions Scheme (NAPS), which has approximately 17,000 scheme members, would be closed to future accrual. The changes aim to address the ...