All Article articles – Page 583
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ArticleMajority of staff active pension scheme members
Some 43% of respondents say 90% or more of their workforce are active pension scheme members, according to the Employee Benefits/Close Brothers Pensions research 2014.The research, which surveyed 216 respondents in September 2014, also found that approximately a quarter (24%) say between 80% and 89% of their workforce are active ...
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ArticleCTL Engineering completes DB pension buyout
CTL Engineering has completed an insurance buyout of its defined benefit (DB) pension scheme.The consulting engineering, testing, inspection and analytical services organisation’s scheme has 115 members and assets of £12 million. Aviva was appointed to wind up the scheme within three months of transacting.Aon Hewitt advised on the buyout and ...
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ArticleEXCLUSIVE: Aggregate launches mental health campaign
Aggregate Industries launched a health and wellbeing campaign to mark Mental Health Awareness Day, which was on 10 October.The construction and building materials manufacturer and supplier held four mental health awareness sessions at its head office on 11 October.The employer also ran 45-minute interactive sessions focusing on stress to mark ...
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ArticleBAE wins family-friendly employer award
BAE Systems Maritime Naval Ships, McMillan Williams Solicitors, the London School of Economics and Political Science (LSE) and Reality HR are among the employers recognised at the Workingmums.co.uk Top employer awards 2014.The awards, which were presented on 4 November at London’s Soho Hotel, recognise employers that have embraced the business ...
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ArticlePay rises expected globally in 2015
Most employees around the world received a pay increase in 2014 and can expect to receive comparable increases in 2015, according to research by Aon Hewitt. Its Global salary increases survey, which researched 12,690 employers in 110 countries, found that employees in Africa are expected to see the highest rate ...
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ArticleThe octopus on a €60,000 salary
Something for the weekend…A low-ranking civil servant in Spain has caused outrage in the country after dressing up as an octopus helped him to pocket a €60,000 annual (£45,000) salary. Carlos Javier Carpio Arenas, who is best known for dressing up as an octopus at a political rally for the ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 31 October to 6 November:1. Overtime must be included in holiday pay2. Siemens launches social media website3. Bankers face bans on alcohol and late nights4. Government taskforce to assess holiday pay ruling5. Talent wars: How to use reward effectively6. Centrica to ...
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ArticleSoil Association and Brook named living wage employers
The Soil Association and Brook have been accredited as living wage employers by the Living Wage Foundation as part of Living Wage Week.The living wage commitment will mean all employees in the two organisations will receive a minimum hourly wage of £7.85. This is higher than the national minimum wage ...
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ArticleStress and mental ill health main causes of absence
Stress and mental ill health remain the main causes of absence, according to research by group risk industry body Group Risk Development (Grid).Its Group risk employer research, which surveyed more than 500 employers and 1,000 employees, found that nearly half (48%) of respondents cite stress and mental ill health as ...
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ArticleMost talked-about news
Speaking in a session at Employee Benefits Live, the pair explained that the ongoing squeeze between wages and pay inflation, which has resulted in some employees having seen a drop in real income of up to 12% since before the recession, is driving the demise of total reward. Brown said ...
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ArticleConfessions of a benefits manager: Candid battles with PMI admin
One thing you can say for our employees, they know their rights and they know how to follow them up. Vigorously. For some obscure reason, many people have suddenly had their claims refused by our provider. I can’t understand why. Finally, one of the employees tells me what the contact ...
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ArticleNorthern Powergrid launches EAP
Northern Powergrid has introduced an employee assistance programme (EAP) for its 2,670 members of staff.It made the decision to introduce the EAP, which is provided by Validium, following a strategic review which led the organisation to take a more proactive approach to staff wellbeing.Deb Piggett, HR business partner at Northern ...
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Article56% find work stressful
More than half of employees (56%) find work very or fairly stressful according to research by charity Mind.Its survey of more than 1,250 working people in Britain, which was published to mark National Stress Awareness Day on 6 November, found that respondents find work more stressful than debt or financial ...
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ArticleDuncan Brown: Has flexible benefits had its day?
The annual chore of selecting from a generic, chocolate box menu of mostly irrelevant or inconsequential choices, designed to save an organisation money and tick a project completion box for the HR function, does nothing to engage employees to perform highly nor differentiate employers from the competition.Ask any employee: Total ...
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ArticleFind out who has won an EMMA
Celebrating excellence in global mobility worldwide, the Expatriate Management and Mobility Awards (EMMA Awards) are the only international accolades that truly recognise the industry leaders, business successes and rising stars in the global mobility industry.The Forum for Expatriate Management will announce the winners for the European EMMA awards at a ...
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ArticleAnne Teggart: Has flexible benefits had its day?
The make-up and needs of our workforces are changing, so as employers, we should constantly be re-visiting our employer value proposition to ensure that what we are offering drives the best possible engagement. That includes benefits, as well as the breadth of other plans and programmes that make up the ...
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ArticleTop 15 most visited stories online in October
1. Employee Benefits Live 2014 speaker slides 2. Court rules employers are liable for lost pension rights 3. Members to be able to take multiple tax-free lump sums from pensions 4. Nestle employee liable for tax on payment in lieu of benefit 5. Rolls-Royce switches healthcare trust provider 6. Total ...
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ArticleGovernment taskforce to assess holiday pay ruling
A taskforce is to be set up to assess the possible impact of the ruling on holiday pay from the Employment Appeal Tribunal.In the UK Employment Appeal Tribunal judgement it was decided that holiday pay should reflect non-guaranteed overtime.The taskforce, which was announced by business secretary Vince Cable, will consist ...
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ArticleOvertime must be included in holiday pay
The Employment Appeal Trubunal (EAT) has ruled that overtime pay must be included in holiday pay calculations.The decision relates to three conjoined cases:Bear Scotland v Fulton and Baxter.Hertel (UK) v Wood and others.Amec Group v Law and others.Bear Scotland v Fulton focused on whether overtime pay or shift allowances should ...
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ArticleMen twice as likely to earn over £50,000
Men working full-time are twice as likely to earn more than £50,000 a year than full-time female employees, according to research by the Trades U nion Congress (TUC).Its analysis of official figures published to mark Equal Pay Day today (4 November) found that one in 15 women working full-time earns ...