All Article articles – Page 519
-
ArticleThe Pensions Regulator consults on new defined contribution code
The Pensions Regulator (TPR) has published a new draft defined contribution (DC) code of practice for consultation.The new code aims to raise standards of governance and administration in defined contribution (DC) pension schemes.It sets out the standards of conduct and practice the regulator expects trustee boards to meet in complying ...
-
ArticleStay up-to-date with the Autumn Statement
Chancellor George Osborne will unveil the Autumn Statement at 12:30pm today (25 November). Stay tuned to the Employee Benefits website for the latest news and updates from the Statement. These will cover all announcements impacting employee benefits, from pensions and pay to childcare and salary sacrifice arrangements. We will also ...
-
ArticleRachael Saunders: Should shared parental leave be extended to grandparents?
Extending parental leave to grandparents is an interesting shift in government policy. It acknowledges the importance of all generations in family life, and the role that grandparents already play. A strategic response to our ageing population requires creative and bold policy solutions, and the opening of parental leave to grandparents ...
-
ArticleDenise Keating: Should shared parental leave be extended to grandparents?
The government has announced that it intends to extend the right to take shared parental leave (SPL) to grandparents in the child’s first year. The policy of SPL for the mother’s partner was initially pushed for by the Liberal Democrats in coalition in order to encourage more fathers to take ...
-
ArticleEllen Broome: Should shared parental leave be extended to grandparents?
The short answer to this is yes. In the Family and Childcare Trust’s research Improving our understanding of informal childcare in the UK, published in July 2012, we called for grandparents to be given the right to share maternity leave and we are delighted the government has listened and announced ...
-
ArticleEXCLUSIVE RESEARCH: 7% to be unaffected by pension allowance changes
Some 14% of respondents expect the April 2016 reductions in lifetime and annual allowances to affect a significant number of staff, according to the Employee Benefits/Close Brothers Pensions research 2015.From April next year, the annual allowance for those earning more than £150,000 a year will be tapered down to a ...
-
ArticleWiggins Teape scheme agrees pension buyout
The Wiggins Teape pension scheme, established for UK employees of paper manufacturers Wiggins Teape and Arjo Wiggins Appleton, has entered into a £400m buyout arrangement.The £400m bulk annuity transaction with Scottish Widows covers around two thirds of the pension scheme’s liabilities for the 4,000 members of the defined benefit (DB) ...
-
Article77% say it is employers’ role to support pension scheme members
Over three-quarters (77%) of respondents believe it is the role of employers to communicate with, educate and support staff who are members of their pension scheme, according to research by Aon shows.Its DC survey 2015, which is based on 330 responses from pension scheme managers, trustees and sponsors, found that ...
-
ArticleMckenzie is with Southern Co-operative
Janet Mckenzie has been appointed reward and performance manager at The Southern Co-operative.Mckenzie joins the regional co-operative business from B&Q where she was reward manager.Prior to this, she was international reward, policy and mobility manger at the Body Shop.
-
ArticleCorey joins Reward Gateway
Debra Corey has joined employee benefits provider Reward Gateway as group reward director.Her brief will include developing the firm's own reward strategy.Corey has held roles at Page Group, Merlin Entertainments, Quintiles, Morrisons, Honeywell and Gap.
-
ArticleEY appoints Glendinning as reward manager
June Glendinning has been appointed reward manager at EY.Prior to joining the professional services organisation, Glendinning held the positions of compensation and benefits manager, and business service centre HR manager, at global tobacco firm JT International.
-
ArticleButcher links up with Poundland
Nik Butcher has joined Poundland and Dealz as head of reward.Moving from his role of reward manager at Tesco New Food Experiences, Butcher has also held roles as total reward manager, Europe, Middle East and Africa, Kao Group, and reward manager at RS Components.
-
ArticleTullow Oil appoints Machin
Tullow Oil has appointed John Machin group head of reward.Machin joins the oil exploration and production organisation from William Hill, where he was head of reward and engagement.Prior to this, Machin was global head of compensation and benefits at Misys.
-
ArticleThe month in numbers: October 2015
A round-up of some of October's stand-out facts and figures relating to employee benefits: 1%: Eligible Royal Mail employees were gifted a 1% share in the organisation as the government completes the sale of its 13% stake. 29% of jobs for women in the UK paid less than the living ...
-
Article99% of junior doctors vote in favour of industrial action
Junior doctors in England have voted in favour of industrial action over changes to their contracts, including pay and working hours.Some 99% of the 76% of junior doctors who took part in the ballot are prepared to take industrial action short of a strike, while 98% are prepared to take ...
-
Article48% are concerned about saving enough for retirement
Almost half (48%) of respondents are concerned about saving enough for retirement, according to research by Mercer.Its survey of 1,500 workers between the ages of 24 and 64 also found that 41% of respondents worry about whether they could provide for their family if impacted by illness or death.The research ...
-
Article£80bn was saved into workplace pensions in 2014
More than £80bn was saved into workplace pensions in 2014, up almost £3bn on 2013, according to the Department of Work and Pensions (DWP).Its Automatic enrolment evaluation report 2015 found that private sector workplace pensions accounted for £43bn of this, while the public sector accounted for £37bn.The report also found:In ...
-
ArticleLendlease links physical environment to its employees' wellbeing
Lendlease has linked its physical office environment to its employees’ health and wellbeing.The property and infrastructure organisation has partnered with Delos to develop a building standard that actively contribute to employees’ health, wellbeing and performance, and it intends to lead by example by implementing the initiative among its own workforce.The ...
-
ArticleAsda increases share plan take up by 45%
The number of employees taking part in Asda’s share plan has increased by 45% over the last five years.There were 26,212 members of staff enrolled in the share plan in 2010, which had increased to 38,100 at the end of August 2015.The employer boosted take-up in the scheme, which is ...
-
ArticleDomestic and General offers staff free flu jabs
Domestic and General is running a free flu jab scheme for its employees for the fifth year in a row.The appliance care provider is giving staff at its Nottingham, Bedworth and Brighton offices the opportunity to receive the vaccinations, which are supplied by Doctorcall, throughout November.The scheme aims to improve ...