All Article articles – Page 562
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ArticleChancellor confirms minimum wage rise
Budget 2015: Chancellor George Osborne has confirmed in his 2015 Budget that the national minimum wage will rise to £6.70 in October, as irst announced on 17 March. This is the largest increase to the national minimum wage in real-terms since 2008.Osborne said his Budget statement that the national minimum ...
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ArticlePersonal tax allowance to rise to £11,000
Budget 2015: The personal tax allowance will be increased to £10,800 from April 2016, and to £11,000 from April 2017, Chancellor George Osborne has announced during the 2015 Budget.The allowance, which is the amount employees can earn before they have to start paying tax, will enable the average taxpayer to ...
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Article?Morrison Utility Services incentivises driver behaviour
Morrison Utility Services has launched an employee incentive scheme to help improve driver behaviour.The utility services provider wants its Green Driver campaign to reduce road accidents and help save up to 7% on its fuel costs.The incentive scheme, provided by Red Letter Days for Business, comprises a driver league table ...
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ArticleNHS to pilot weight loss programme
The NHS has launched a weight loss pilot scheme with Imperial College Hospitals as part of a new wellbeing scheme to keep staff healthy. The £134,000 scheme offers the trust’s 10,000 staff an opportunity to access help from a range of dieticians, clinicians and help from weight-management organisation MoreLife.The pilot ...
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ArticleAon Hewitt partners Swedish pensions firm
Aon Hewitt is to partner PRI Pensionsgaranti (PRI), Sweden’s largest firm of pension administrators and actuaries.The partnership will enable Aon Hewitt to provide Swedish and international pensions actuarial services in Sweden.Through the agreement, Aon Hewitt will support PRI in providing global actuarial co-ordination services, while PRI will continue to provide ...
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10 Interactive - People moves - AWE appoints Chris Coyne
Chris Coyne has been appointed head of performance and reward by national defence organisation AWE.He will take up the post at the end of April. At AWE, he will be responsible for benefits strategy, structures, incentives and all benefits including pensions. He will also oversee ownership of performance management.Coyne previously ...
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ArticleE.On boosts staff engagement via recognition
E.On has improved its employee engagement and motivation scores by up to eight percentage points as a result of its recognition scheme. Before implementing its Buzz recognition programme, provided by P&MM, in 2013, the energy organisation recorded a staff motivation score of 61%. This has now increased to 69%. In ...
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ArticleNational minimum wage to rise by 3%
The national minimum wage will increase by 3% to £6.70 an hour from October 2015.The increase is equivalent to an additional 20p an hour for workers aged 21 and over, from its current rate of £6.50 an hourThis will be the largest increase to the national minimum wage in real-terms ...
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ArticleHomeServe launches employee discounts and recognition scheme
HomeServe has launched an employee discounts and recognition online portal. The emergency home repairs organisation has introduced the scheme called PeopleServe, which is provided by Reward Gateway, for its 2,500 employees.The scheme offers around 1,000 discounts and 1,500 instant vouchers for employees.The recognition tool allows employees to thank each other ...
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Top tweets from Employee Benefits Connect
Rosie Damarell ??@rosiedamarell: Had a great time at ?#EBconnect today getting to meet lots of new people and finding new reward and benefitsThe Rewarding Co @TheRewardingCo: Really good to see eldercare covered at ?#EBconnect – the loss to the UK economy from those with responsibilities must be huge.Ian Wright ??@ianwrightsheff: ...
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ArticleGovernment to extend pension freedoms
The government plans to remove the restrictions on buying and selling existing annuities from April 2016 to extend its pension freedoms to five million people who have already bought an annuity. The proposed legislation is aimed at allowing pensioners to sell on their annuities, with the returns then allowed to ...
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ArticleUK pay gap between managers and staff is double European average
The pay gap between lower level employees and their senor manager counterparts in the UK has increased by 5.3% since 2008, while Europe has seen the smallest pay gap increase of 2.2%, according to research by Hay Group.Its study, which surveyed more than 16 million job holders in 24,000 organisations ...
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ArticleNHS staff to receive 1% pay rise
Almost 1.1 million NHS employees will receive a pay increase of 1% for 2015-2016.The pay deal, which has been approved by the NHS Staff Council, will reward more than a million NHS staff earning up to £56,500 a year from April 2015Meanwhile. the lowest paid employees, including health care assistants, ...
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ArticleTop 15 stories in March 2015
1. Employee Benefits Connect 2015 speaker slides2. JP Morgan extends benefits to employees’ parents3. Sky outsources benefits admin to focus on strategy4. IBM staff can claim damages against DB closure5. DWP begins Fit for Work national roll-out6. How to create an integrated financial wellbeing strategy7. Carlsberg UK revamps employee benefits ...
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ArticleBA staff received 2.7% pay increase in 2014
British Airways non-management staff received an average 2.7% increase in pay during 2014.The details were outlined in its parent company International Airlines Group’s (IAG) 2014 annual report.The airline group, which is also the parent company to Iberia and Vueling, also highlighted a varied rise in salaries across IAG, ranging from ...
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ArticleNaked rebrand boosts bosses' wellbeing
Something for the weekend… One New York design company has found an alternative way to help boost employee health and wellbeing of staff but also get them using the gym.When Viceroy Creative, formerly Mode Design Group, underwent a major rebrand, so did some of its senior employees. And when your ...
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ArticleConfessions of a benefits manager: Candid tries to make a PMI claim
It seems like a good idea to put this through the health plan. I am paying enough tax on the benefit; I might as well use it for a change. I realise that although I have been responsible for this plan for a couple of years, I have no idea ...
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ArticleJohn Lewis staff to share £156m bonus
Around 94,000 John Lewis Partnership employees are to share a bonus payout of £156.2 million.It is the second year in a row that staff at the retail giant, which is owned by employees of John Lewis and Waitrose, have seen the payout reduce.Employees will receive a bonus of 11% of ...
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ArticleEmployers will have to reveal gender pay gap
Employers with more than 250 employees will have to reveal differences in pay between male and female members of staff under a change to a law passing through Parliament.Firms that do not comply with the new rules could face fines of up to £5,000.The government will set the form and ...
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ArticleScan Coin UK launches life assurance and auto-enrolment pension
Scan Coin UK has introduced a new group life assurance scheme and workplace pension scheme to comply with auto-enrolment for its 50 UK staff.The supplier of cash handling and money processing equipment organisation will offer a scheme, provided by Portus Consulting, that manages its workplace pension auto-enrolment programme, as well ...