All Article articles – Page 531
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ArticleEmployee Benefits digital magazine - October 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online version using the links on the right under ‘Related Articles’ (these articles will go live in stages during October 2015).Read the full digital October edition of Employee BenefitsIn a fast-moving economy, successful businesses ...
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ArticleHow are the pension reforms impacting employers?
Take part in exclusive pensions research to see how your organisation’s pensions strategy compares with other employers and industry peers.The Employee Benefits/Close Brothers pensions research 2015 is designed to help benchmark your firm’s pensions approach.We want to hear your experiences and opinions on the pension reforms and how they have ...
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ArticleLidl UK to introduce the living wage
Lidl UK is to introduce the living wage from 1 October 2015.The supermarket will pay its 17,000 employees staff a minimum of £8.20 an hour, and £9.35 in London. These are the hourly rates it expects the Living Wage Foundation to recommend when it recalculates its voluntary living wage rates ...
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ArticleKeynote speakers turn their attention to the future
The focus will be on the future for the keynote sessions on the opening day of Employee Benefits Live 2015.Jane Marsh, group people director at Innocent Drinks, will open the conference on the morning of Monday 21 September to examine the most effective ways to engage the workforce of the ...
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ArticlePension Wise to move to the Department for Work and Pensions
Responsibility for providing the Pension Wise service will transfer from HM Treasury to the Department for Work and Pensions (DWP), Harriett Baldwin, economic secretary to the Treasury, has announced. The move will take place by 31 March 2016. The service and delivery partners will remain unchanged.Baldwin also announced that the ...
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ArticleBT, L'Oreal, Siemens and Sky to share their experiences
Delegates at Employee Benefits Live 2015 will have the opportunity to learn from a number of employer experiences and case studies. Among others, this will include:Kim Smart, senior HR consultant at Jose Cuervo International, will discuss pay management in a global arena.Karen Gaynor, head of reward at Siemens, will focus ...
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ArticleFTSE 250 CEO remuneration declines by 3%
The median level of total remuneration received by chief executive officers (CEOs) in the FTSE 250 fell by 3% last year, according to research by FIT Remuneration Consultants.Its annual FTSE 250 directors’ remuneration survey also found that 31% of CEOs received no salary increase, down from 33% the previous year.The ...
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ArticleThe benefits of being a mermaid
Something for the weekend…Over 1,000 people in the United States now work as professional mermaids or mermen on a full-time basis, according to a study by Fast Company.According to the report, vacancies for merpeople have blossomed in popularity thanks to an increase in under-the-sea themed restaurants and bars and celebrities ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 10-16 September:1. Police officer takes tongue-in-cheek approach to appraisal.2. European Court rules that travel time is work.3. PMI to discuss auto-re-enrolment challenges.4. Martha How to discuss benefits segmentation.5. Innocent Drinks to discuss the workforce of the future.6. Heineken agrees £2.4bn pension ...
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ArticleDelta Airlines to increase pay and pension contributions
Delta Airlines is to increase its base pay for most employees and enhance its matching contributions to employees’ 401(k) plans.From 1 December 2015, all eligible merit, ground and flight attendant employees globally will receive a base pay increase of 14.5%Delta will also increase its 401(k) dollar-for-dollar match from 5& to ...
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ArticleJLT to acquire Close Brother's corporate businesses
Pension and benefits consultancy JLT Employee Benefits (JLT EB) has entered into an agreement with Close Brothers Asset Management (CBAM) to acquire its three corporate businesses.The transaction aims to further strengthen JLT EB’s market presence. It will include: CBAM’s employee benefit solutions business, which delivers pensions advice and defined contribution ...
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Article84% are not charged a pension exit fee
More than four-fifths (84%) of consumers aged 55-years-old and over do not experience an exit charge when accessing their pension savings, according to data collected and analysed by the Financial Conduct Authority (FCA).Its findings also revealed that 204,581 pension policies were accessed in the three months following the introduction of ...
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ArticleHeavy workload prevents 32% from taking time off when ill
Almost a third (32%) of workers do not take time off work when ill because of a heavy workload, according to research by group risk provider Canada Life Group Insurance.Its survey of 1,000 workers also found that 21% are concerned about the financial implications of taking time off work due ...
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ArticleInnocent Drinks to discuss the workforce of the future
Innocent Drinks will present the opening keynote session at Employee Benefits Live 2015 on 21 September, focusing on how employers can engage the workforce of the future.Jane Marsh, group people director at Innocent Drinks, will discuss how the organisation has created a culture of engagement among its staff.Innocent Drinks’ workplace ...
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ArticleTotal pay grew 2.8% in May-July 2015
Total pay for employees in Great Britain increased by 2.8% in real terms in May-July 2015 compared to the corresponding period in 2014, according to research by the Office for National Statistics (ONS).Its Labour market statistics, September 2015, report, also found that regular pay (excluding bonuses) grew 2.9% between May-July ...
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Article23% favour Isa-style tax system for pensions
Less than a quarter (23%) of respondents would opt for an individual savings account (Isa)-style system for pensions after gaining a full understanding of the tax implications, compared to an initial 41%, according to research by Aviva.Its survey of 2,000 working adults found that the number of respondents that prefer ...
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ArticleNational Grid gains living wage accreditation
National Grid, which employs more than 12,000 staff in the UK, has been accredited as a living wage employer.The electricity and gas utility firm has committed to paying all employees and third-party contractors the Living Wage Foundation’s recommended rate of £7.85 an hour, or £9.15 in London.John Pettigrew (pictured), executive ...
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Article95% feel duty to inform staff of pension changes
Almost all (95%) of employer respondents believe it is their responsibility to inform their staff about any changes to pensions legislation, according to research by financial adviser firm Foster Denovo.Its survey of 200 employers and 200 employees also found that three-quarters (75%) of employee respondents agree that it is an ...
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ArticleMartha How to discuss benefits segmentation
Martha How, reward partner, Aon Employee Benefits will present new research on the generational segmentation of benefits at Employee Benefits Live 2015.How (pictured) will discuss her findings and recommendations at a session entitled ’Is age just a number?’ on 21 September.During the session, she will delve into the results of ...
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ArticleHeineken agrees £2.4bn pension longevity swap
Heineken has entered into a longevity transaction for its defined benefit (DB) pension scheme with Friends Life, which is now part of Aviva.The longevity swap transaction covers £2.4 billion of pension liabilities and insures the longevity risk for 19,000 pensioners who are part of the Scottish and Newcastle Pension Plan.The ...