All Article articles – Page 571
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ArticleTwo-thirds of over-40s yet to discuss pension reforms
Almost two-thirds of people aged between 40 and 70 years have yet to speak to someone about the incoming pension reforms, according to research by retirement provider Partnership.Its survey of more than 1,600 people aged between 40 and 70 found that nearly a third (31%) of respondents have spoken about ...
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ArticleWhitbread staff share £10m in sharesave payout
More than 1,000 Whitbread employees are to share £10 million following the maturity of the organisation’s three-year and five-year sharesave schemes on 2 February The employees, who work for brands including Beefeater, Brewers Fayre, Costa Coffee and Premier Inn, saved between £10 and £500 a month into the schemes.Staff members ...
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ArticleHR professionals' pay to rise by 5% in 2015
Human resources (HR) professionals’ pay is expected to rise an average of 5% in 2015, according to research by recruitment agency Robert Walters.The 16th annual Robert Walters Global salary survey, which benchmarked the salaries of 2,850 HR professionals, also found that across the UK, salaries are rising fastest in the ...
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ArticlePay increases in financial sector failed to materialise
Large increases in base salary among executives and employees in the financial services sector have failed to materialise, according to research by Mercer.Its Global financial services executive compensation snapshot survey found that projected base salary increases for 2015 remain modest, running on average between 2.3% to 3.2%. According to the ...
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ArticleDirty offices lower productivity
Something for the weekend…It seems that dirty and disorganised offices are the scourge of productivity in the workplace and kicking motivation in the teeth when compared to clean and well-ordered environments.While an employee might be able to build a fort to hide away from the dirtiness and boost their own ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 22-29 January 2015:1. Disney, Pepsi and Starbucks to take part in wellbeing event2. Tesco and Carillion to introduce health app3. How to build a compelling business case for benefits4. BP freezes pay globally for 20155. Lookers launches employee discounts scheme6. FCA ...
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ArticleITV staff to ballot for strike action over pay
Employees at ITV have rejected the organisation’s 2% pay increase offer for 2015 and will move to ballot for strike action.The broadcasting organisation made the one-year pay increase of 2% effective from 1 January.Employees that are members of the National Union of Journalists (NUJ), the Broadcasting, Entertainment, Cinematograph and Theatre ...
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ArticleShare ideas at Employee Benefits Connect roundtables
These will cover and discuss topics such as the future of car salary sacrifice schemes, changing workforce demographics, how to make data analytics relevant, challenges facing employee engagement and the importance of investing in staff health and wellbeing both now and in the future, as well as global reward, motivation ...
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Article169 employers fined for auto-enrolment non compliance
The total number of employers fined for failing to comply with their workplace pensions duties reached 169 by the end of 2014, according to figures from The Pensions Regulator (TPR).However, this figure represents a small number compared to the tens of thousands of businesses which have now complied with their ...
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Automatic enrolment - is it solving the pensions crisis?
Automatic enrolment began to be rolled out across all employers from October 2012, starting with the largest. The hope was that the millions of people who were not saving for their retirement would be swept into pension saving, and that once enrolled, they would not opt out.On the face of ...
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ArticleBP freezes pay globally for 2015
BP has frozen pay for its nearly 84,000 employees globally for 2015. It made the decision in response to changes to simplify and increase efficiency throughout BP.It is also in response to its market environment, which has seen a significant fall in oil prices.The pay freeze will have some exceptions ...
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ArticleClyde and Co boosts payroll giving take up
EXCLUSIVE: Clyde and Co has increased take up of its workplace giving scheme after launching a campaign to encourage more employees to give money to charity through payroll.The law firm launched a campaign at the start of January 2015 after identifying that its take up was not as high as ...
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ArticleFCA to introduce protection for DC pension members
The Financial Conduct Authority (FCA) is to introduce additional protection to defined contribution (DC) pension scheme members ahead of April’s incoming reforms that will give members more flexibility around how to take their pension pot. Under the new rules, which are aimed at protecting members who are keen to cash ...
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ArticleJust 12% comply with default retirement age laws
Just 12% of employers believe their organisation has fully has fully complied with legislation abolishing the default retirement age (DRA), since it came into effect in 2011, according to research by Jelf Employee Benefits.Its study of 248 employers also found that 34% of respondents felt they need to improve all ...
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ArticleRound up of compliance issues in January
A date has been set in the Asda equal-pay case, with legal action likely to be taken by female employees over claims that male employees in the supermarket’s distribution centres are being paid more, despite doing comparable work. The firm representing employees, Leigh Day, and Asda are due to attend ...
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ArticleMaking the case for a good benefits proposal
In many cases, this will result in benefits professionals identifying the need to introduce new initiatives, either to replace an existing benefit or as an addition to their package. Either way, ensuring they get the go-ahead for their plans will be the next crucial step.This is where an engaging business ...
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ArticleDisney, Pepsi and Starbucks to take part in wellbeing event
Swarovski, Pepsi Co, The Walt Disney Company, Starbucks Coffee Company and CBS News are among more than 50 employers at Chiswick Park that will participate in a wellbeing event for staff at the beginning of February. The event, which is part of the business park’s Enjoy Work programme and is ...
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ArticleRefresco Gerber staff strike over pay
Employees at Refresco Gerber are to hold eleven 36-hour strikes over a 10-week period due to the organisation’s plans to cut pay and change staff terms and conditions. The proposed changes at the juice maker, which produces supermarket own brand products for Waitrose, Asda and Tesco and works with brands ...
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ArticleNon-executive directors' pay rises 7%
Non-executive directors in the UK’s largest organisations have seen a move towards annual pay increases of 7% in 2014, according to research by PricewaterhouseCoopers (PWC) annual non-executive director report.Its annual Non-executive director fees report found that non-executive directors saw a rise in base pay to £65,000 in 2014, up from ...
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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 ...