All Article articles – Page 553
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ArticleEmployee Benefits Post-Election Special to be held on 15 June
Employee Benefits will host a post-election special event on 15 June at 30 Euston Square.The half-day conference will cover all that HR, benefits and compensation professionals need to know about the impact of the election, and the new Conservative government’s policies on benefits.The agenda includes sessions covering key policy areas ...
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Samsung adds new perks to flex and revamps communications
EXCLUSIVE: Samsung has added six new benefits to its flexible benefits package for its 1,600 employees.The technology organisation has also introduced new communication techniques to promote the new benefits available, as well as its annual flex window.It launched the new benefits in its flex enrolment window in March, with employees’ ...
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ArticleEmirates staff receive bonus worth nine weeks’ pay
Emirates has awarded its 84,000 staff globally a bonus payment worth nine-weeks’ pay as part of its profit share scheme, after the airline posted its second ever highest annual profit.The Emirates Group operates a profit share scheme based upon the profit results of the business for the financial year. On ...
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ArticleBasic pay expected to grow 1.8% in coming year
Basic pay is expected to grow by 1.8% in the coming year, down from 2% in the previous quarter, according to research by the Chartered Institute of Personnel and Development (CIPD).Its Labour market outlook: Spring 2015 report, which surveyed 1,000 UK employers, also found that the modest fall in pay ...
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ArticleFind out how the new government will impact benefits
A new government always entails a period of uncertainty and as the Conservative Party settles into Parliament, find out what this will mean for employee benefits in your organisation. Employee Benefits magazine is holding a half-day post-election special event for HR and benefits professionals which will cover everything employers need ...
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ArticleBMI Healthcare shortlisted for default investments
BMI Healthcare and Thompsons have been shortlisted for the award ‘Best DC pensions default investments’ at the Employee Benefits Awards 2015.This award recognises employers that have made a concerted effort to offer an effective default investment strategy for their defined contribution (DC) pension scheme that is appropriate for their workforce.The ...
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ArticleLufthansa Group pension deficit reaches €10.2bn
The Lufthansa Group’s defined benefit (DB) pension scheme has seen a 41% increase in liabilities since the end of 2014.The deficit of the airline’s scheme reached €10.2 billion (£7.4 billion) at 31 March according to the group’s first quarter earnings report.The organisation has attributed its high pension obligations to falling ...
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Article34% concerned about work-related stress
Just over a third (34%) of respondents are concerned about work-related stress, according to research by health and safety consultancy Arinite.Its study of 1,755 UK adults between the ages of 25 and 64 also found that a third are worried about the possibility of suffering from physical or mental health ...
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ArticleIt pays to be tall
Something for the weekend… It seems, according to new research, that it pays to be tall.Ohio State University has found that taller employees receive a substantial premium in earnings or wages.Its study estimated that a 6ft tall person is likely to earn £100,000 more in a 30-year career than someone ...
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ArticleConfessions of a benefits manager: Candid sets email rules
Mind you, I am not as bad as some. My colleague Lazy Susan has hundreds of unread emails at any time. I can see the little badge count clicking up every day and I get doubly stressed by proxy.Big Bad Boss is just as bad. He says that email is ...
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ArticleHeinz and Nomura shortlisted for communication
Heinz, McGraw Hill Financial and PSA Peugeot Citroen are among the employers that have been shortlisted for the award ‘Best benefits communication – small employer’ at the Employee Benefits Awards 2015.This award recognises employers that have taken an effective and innovative approach to benefits communications, be it through face-to-face presentations, ...
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ArticleCo-Operative employees to receive 8.5% pay rise
More than 60,000 Co-Operative employees will see rates of pay increase by at least 8.5% over the next two years after a pay settlement was agreed.The 8.5% increase to the minimum basic pay rates applies to food store shop assistants and their supervisors. Other employees will be covered by separate ...
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ArticleLaurus Development launches employee ownership trust
Laurus Development has launched an employee ownership trust.As part of its move from the public to the private sector, the qualification and learning provider to the justice sector is now 25% owned by its employees.Laurus Development has been advised by law firm Fieldfisher on its move to employee ownership since ...
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ArticleEmployee Benefits digital magazine – May 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links on the right under ‘Related articles’ (these articles will go live in stages during May 2015).Read the full digital May edition of Employee BenefitsHow should employers build and ...
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ArticleJacqueline Moore: What does the future hold for dependants' pensions?
However, in recent years, as the traditional family and work models have become much more flexible, family finances have changed too, and we have closed the DB scheme in favour of a defined contribution (DC) plan.Thirty years ago, if an employee died during active service, there may well have been ...
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ArticleBook your table for the Employee Benefits Awards 2015
The Employee Benefits Awards 2015 is rapidly approaching and spaces are filling up fast, so don’t forget to book your table.The awards ceremony and summer party will take place on 12 June at the Artillery Garden at the HAC in London. The event is also a great opportunity to ...
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ArticleTop tweets about the Employee Benefits Awards 2015 shortlist
The Pension Quality Mark @PQM: Congrats @PeelPorts and National Housebuilding Council PQM Plus schemes nominated in @EmployeeBenefit awards. Good luck! @NAPFnewsDeborah Rees @Deborah_Rees: Congratulations to team at Penguin Random House on being shortlisted for Employee Benefits award @PenguinUKBooks @neilmorrison @EB__AwardsDarren Childs @DarrenMChilds: @UKTV wins two nominations @EmployeeBenefit Awards bit.ly/1FgTNDI recognising ...
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ArticleLehman Brothers agrees £675 million pension buy-in
Financial services firm Lehman Brothers has agreed a £675 million buy-in transaction for its pension scheme with insurance firm Rothesay Life, following its application for bankruptcy in 2008.The buy-in has also secured full employee benefits for all members as a result of the settlement between the pension scheme trustees and ...
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ArticleLiving wage gains momentum
And on 26 March 2015, all Premier League football clubs agreed to commit to paying their full-time staff the living wage by the start of the 2016–17 season.At present, only Chelsea Football Club is an accredited living wage employer.Currently, the UK living wage is set at £7.85 an hour, while ...
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ArticleRob's Reward: Should more employers be encouraged to commit to the living wage?
And wages are contining to grow even if this is at a slower pace than many may like. In the three months to February 2015, the Office for National Statistics found pay-excluding bonuses to be 1.8% higher than a year earlier.Further findings from Aon Hewitt’s Global salary increase survey found ...