All Article articles – Page 546
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ArticleTata Steel improves DB pension plans
Tata Steel has made a new offer to employees, which will see its final salary pension scheme remain open and avert strike action.More than 17,000 employees that are members of trade unions Community, Unite, the GMB and UCATT were due to walk out for 24 hours on 22 June.The dispute ...
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ArticleNorwich City Football Club to pay living wage
Norwich City Football Club (FC) has committed to pay the living wage to all of its permanent employees.The club will phase in the national living wage of £7.85 during the 2015-2016 season.The national living wage is an hourly rate set independently, updated annually and paid by employers on a voluntarily ...
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ArticleFirstGroup has largest DB pension liability among FTSE 250
FirstGroup has one of the largest defined benefit (DB) pension scheme liabilities among employers in the FTSE 250, according to research by JLT Employee Benefits.The FTSE 250 and their pension disclosures report found that the travel operator’s scheme is a risk to the business due to pension liabilities of £4.6 ...
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ArticleCentrica adds new benefits to flex for 30,000 staff
EXCLUSIVE: Centrica has added three new benefits to its flexible benefits package for its 30,000 employees.The energy organisation, which owns British Gas (pictured), is also continually communicating the benefits through its summer roadshows to help drive up employee engagement with benefits.It launched the new benefits in its flex enrolment window ...
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ArticleConfessions of a benefits manager: New starter questions Candid's incentive schemes
He is not, as we had intended, getting stuck into our purchasing budget, but bizarrely he is shaking things up in HR instead.I’ve come to realise that all Higher Beings think that HR is a waste of space, and let’s face it: they may have a point. Consider my colleague ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on 12-18 June on employeebenefits.co.uk:1. Heinz boosts flexible benefits take up2. Visualsoft improves staff wellbeing3. Lloyds Banking Group launches returners programme4. Find out who will win an Employee Benefits Award5. Walmart ditches Justin Bieber to boost motivation6. Deloitte among top employers for working parents7. ...
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ArticleThe office that combats mental and physical stress
Something for the weekend… Mental wellbeing and physical wellbeing is the hot topic in the HR world and employers continuously strive to give their staff best-in-class benefits to help in every way possible.Much has been said about how the design of a workplace can address such issues, but one organisation ...
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ArticleHSBC and Linklaters make mental health commitment
Financial Ombudsman Service, HSBC, KPMG, Lend Lease Europe and Linklaters are among employers that have made a commitment to addressing mental health in the workplace.Mental health charity Mind has launched its Getting ahead: why mental health at work matters report, which highlights various organisations’ experiences with mental health issues.The report ...
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Article35% of Gen Z expect a pension in their first job
Around a third (35%) of Generation Z (16-19 year olds) are expecting a pension as standard in their first job, according to research from employment services firm Adecco, conducted in March 2015.The study, which surveyed 500 16-19 year olds in full-time education and 501 16-24 year olds who have applied ...
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ArticleReal wage growth highest in seven years
Real wages have grown faster than at any point in the last seven years, according to the latest Office for National Statistic (ONS) figures. Its UK Labour market 2015, June report found that regular pay for employees increased by 2.7% between February – April 2014 and February – April 2015, ...
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ArticleAsian and European cities most expensive for expats
Asian and European cities, particuarly Hong Kong, Zurich and Singapore, are among the most expensive cities for expatriate employees working abroad, according to research by Mercer.Its 21st annual Cost of living survey, published in June 2015, named Luanda, the capital of Angola, as the costliest city for expats for the ...
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Watch Employee Benefits Wired: Post-Election Pensions Update
Employee Benefits Wired: Post-Election Pensions Update is now available to watch on demand. The webinar can be viewed online at anytime via EBTV on employeebenefits.co.uk.The webinar, which took place on 15 June in association with Wealth at Work, focuses on workplace pensions under a Conservative-led government over the next five ...
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ArticleRob's reward: Sharing the success with benefits professionals
However, it was a day of recognition for the best employers in the industry, with BNP Paribas, BT Group, Heinz, Peel Ports Group and Visualsoft just some of the employers that came out on top.BNP Paribas, which picked up the Grand Prix and won four awards prior to receiving the ...
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ArticleVisualsoft improves staff wellbeing
EXCLUSIVE: Visualsoft has seen an improvement in the health and wellbeing of its 200 employees in the past 12 months after introducing a number of new initiatives. The web development organisation launched an all new benefits package in 2014 with the aim of boosting wellbeing and motivation, as well as ...
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ArticleNorthgate Vehicle Hire launches voluntary benefits
Northgate Vehicle Hire has enhanced its employee benefits package with a new voluntary benefits plan for more than 2,000 members of staff. The vehicle rental organisation rolled out its ‘Just for You’ voluntary benefits programme in April 2015 and offers employees a broad range of retail and lifestyle discounts, as ...
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ArticleNorthern Ireland Prison Service extends eyecare benefit
The Northern Ireland (NI) Prison Service is continuing to offer its 6,000 employees corporate eyecare for the seventh consecutive year.The NI Prison Service will continue to offer driver eyecare, provided by Specsavers Corporate Eyecare, to all staff through e-vouchers, along with store vouchers in increments of £5 and £20.The £35 ...
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ArticleNo plans to communicate pension freedoms for 32% of law firms
Around a third (32%) of UK law firms have no plans to communicate the pension freedoms to their employees, according to research by Portus Consulting and HR in Law.The research forms part of the biennial HR in Law and Portus Employee benefits survey 2015, which surveyed 118 UK law firms. ...
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ArticleHeinz boosts flexible benefits take up
EXCLUSIVE: Heinz has nearly trebled its flexible benefits submission rates in 2015 through the use of an online benefits portal and effective communication practices.The food manufacturer took a ‘learn, see, change’ approach to guide more than 2,500 employees through the annual enrolment window in November 2014 to help them digest ...
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ArticleCompensation for discrimination claim not taxable
Compensation received by an employee to settle a discrimination claim is not taxable as earnings, a tribunal has ruled.A v The Commissioners for HMRC involved a dispute over whether a payment of £600,000 made under a compromise agreement should be taxed as “earnings” or whether it could be paid tax ...
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ArticleDo not miss Employee Benefits Wired: Post-Election Pensions Update
Do not miss Employee Benefits Wired: Post-Election Pensions Update, in association with Wealth at Work, which will stream live on 15 June at 11am via EBTV. Key issues to be discussed during the session include pension freedoms, auto-enrolment, pensions tax relief, contribution rates, and what impact a Conservative government might ...