All Article articles – Page 569
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ArticleRoffey Park extends health and wellbeing initiative
EXCLUSIVE: Half of Roffey Park Institute’s employees have taken part in its second round of health and wellbeing workshops offered to all 60 members of staff.The leadership institute hosted the workshops for all UK employees in December 2014 and May 2014.Its first workshops were rolled out in September and October ...
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ArticleFinancial Times staff receive 2.2% pay increase
Financial Times (FT) employees will receive above-inflation pay rises of around 2% from 1 April 2015. Editorial staff will see their salaries increase by 2.2% for those paid up to £65,000 for the calendar year. This translates to 2.93% under its HR adjustment formula.The pay deal, which was outlined in ...
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ArticleScottish Power agrees £2 billion DB pension longevity swap
Scottish Power has entered into a longevity swap for its defined benefit pension scheme.The longevity swap transaction covers almost £2 billion of pension liabilities and removes longevity risk from half of the scheme liabilities. It transfers the risk of almost 9,000 scheme members living longer than expected to three reinsurers.The ...
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ArticleEmployee Benefits Winter School launches
Employee Benefits will launch its first video Winter School for benefits and HR professionals on the week commencing 16 February. HR, reward and benefits professionals will be able to brush up their knowledge on the latest trends and changes in key benefits areas by watching this series of short videos.Benefits ...
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ArticleOver half of NHS staff feel benefits communication is poor
More than half (52%) of NHS employees feel that communication about employee benefits from their bossis is poor or very poor, compared to 44% in 2013, according to research by The Voucher Shop.Its study of 3,204 NHS employees also found that just 2% believe the benefits communication they receive is ...
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ArticleCNH Industrial to discuss global reward at Employee Benefits Connect
Employers looking to introduce or revamp a global reward brand should take inspiration from organisations that keep things simple. Speaking in a session titled ’Developing a global compensation and benefits brand’ at Employee Benefits Connect on 4 March, Rob Gerdes (pictured), vice president of compensation and benefits at CNH Industrial, ...
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Article
Madgex launches mindfulness workshops
EXCLUSIVE: Madgex has launched a series of mindfulness workshops for its employees to help reduce stress in the workplace.The workshops, which were delivered by wellness consultancy The Tonic, introduced staff to the concept of mindful living and its benefits with practical techniques including mindful meditation.Employees explored how to manage mental ...
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Article39% will change jobs if pay does not increase in 2015
More than a third (39%) of respondents will look for a new job if they do not receive a pay rise in the next 12 months, according to research by Glassdoor.Its quarterly Glassdoor UK employment confidence survey, which surveyed more than 2,030 people, also found that nearly half (49%) said ...
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ArticlePolice sting stress with beehive operation
Something for the weekend… Firearms officers at Scotland Yard might be using one of the most unusual ways to de-stress that we’ve come across at Employee Benefits, after starting a bee-keeping association.The Met Police Beekeeping Association says tending to bees is ideal because it is a ‘relaxing and rewarding hobby’, ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 29 January-5 February 2015:1. John Lewis reviews DB and DC pension schemes2. 169 employers fined for auto-enrolment non compliance3. Dirty offices lower productivity4. ITV staff to ballot for strike action over pay5. Alastair Kendrick: Are the rules about to change on ...
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ArticleCo-Operative Group to roll out loan for home rental deposits
The Co-Operative Group is one of the first employers to offer the government’s new interest-free loan to help employees pay for a deposit on a rented home.The retail organisation will offer the scheme, which is being rolled out across the UK, to its 70,000-plus employees to help staff pay their ...
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ArticleWinners of the Corporate Adviser Awards 2015 announced
Employee Benefits’ sister publication, Corporate Adviser, announced the winners of its annual awards on 4 February at the Lancaster London Hotel.Capita Employee Benefits was named corporate adviser firm of the year, while corporate adviser small firm of the year was awarded to Orb Employee Benefits.The winners also included:Pension adviser of ...
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ArticleSports Direct faces bonus claims from zero-hours staff
Sports Direct is facing a claim from nearly 300 employees that were not eligible to participate in its bonus scheme because they were on zero-hours contracts. The employees were excluded from the retail organisation’s bonus arrangements, which paid out some £160 million worth of shares to 2,000 permanent employees. In ...
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ArticleMorrisons consults on closure of DB pension schemes
Morrisons is to consult with staff on the closure of its defined benefit (DB) pension schemes.The retailer’s proposed changes would mean that members of its career average revalued earnings (Care) schemes would stop building up benefits through that scheme. Benefits already accrued by staff will remain in the scheme until ...
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Article4% say their employer conducts cancer awareness initiatives
Just 4% of employee respondents say that their employer has run a health initiative relating to cancer, according to research by Bupa to highlight World Cancer Day on 4 February.However, its study of 4,000 UK employees and 1,000 UK employers of higher managerial level, as well as 12,800 staff and ...
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ArticleMost talked-about news on the website in March 2015
The total number of employers fined for failing to comply with their workplace pensions duties totalled 169 by the end of 2014, according to figures from The Pensions Regulator (TPR).“The message from The Pensions Regulator is loud and clear. Not complying is not an option. The crackdown is crucial to ...
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ArticleObesity ruling could lead employers to make 'reasonable adjustments'
This could be an alarming cause for concern for employers given that more than 64% of adults are classed as being overweight or obese in the UK, according to the Overseas Development Institute.The ECJ found in the case of Karsten Kaltoft v Billund, in which a childmider who weighed 25 ...
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ArticleEmployee Benefits digital magazine - February 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links to the right under ‘Related articles’ (these articles will go live in stages during February 2015).At a time when employers are anxious about losing their top talent, building ...
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ArticleConsumer analytics should inform benefits design
The advantages of using consumer analytics to devise an employee benefits package will be the focus of a session at Employee Benefits Connect.In a session titled ’Applying consumer analytics to employee benefits design’, Dr Eric Tyree (pictured), chief data scientist at Capita Employee Benefits, will discuss how to apply staff ...
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ArticleLess than half female retail workers feel their employer looks after wellbeing
Less than half of female respondents (47%) working in the retail industry feel their employer looks after their wellbeing, compared to 76% of their male counterparts, according to research by the Institute of Commercial Management (ICM), comissioned by income protection specialist Unum.Its study of 709 employees, including 144 retail workers, ...