All Article articles – Page 586
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Article36% predict future need for at-retirement support
Just over a third (36%) of respondents think that employers will need to offer at-retirement support to their staff in the future, according to the Employee Benefits/Close Brothers Pensions research 2014.The research, which surveyed 216 respondents in September 2014, also found that 30% of respondents are in the throes of ...
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ArticlePensions research 2014
The Employee Benefits/Close Brothers Pensions research 2014, examines the latest pensions industry trends and issues, enabling employers to keep up to date on the changing needs of their workforce, particularly for staff approaching or at retirement. The research includes the following articles:Jeanette makings: Financial education provides essential retirement guidance Clare ...
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Article63% of FTSE 100 staff interested in shared parental leave
Just under two-thirds (63%) of respondents are interested or very interested in taking up shared parental leave when it comes into effect from 1 December, according to research by law firm Linklaters. The legislation will enable eligible parents to share a period of their maternity or adoption leave with their ...
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ArticleWest Middlesex Hospital saves £38,000 with pool car scheme
EXCLUSIVE: West Middlesex University Hospital has saved more than £38,000 by launching a pool car scheme.The employer introduced a Nissan Leaf electric car, provided by Alphabet, for 40 of its therapists to use to help cut the cost of taxi fares and to lower the hospital’s carbon footprint.Therapists’ taxi fares ...
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Buyer's guide to group personal pensions
Under a group personal pension (GPP), an employer agrees to make monthly contributions into the scheme, but the contract is between the employee and the pension provider. Currently, a GPP ends when the member retires and buys an annuity with the proceeds, so there is no obligation on the employer ...
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ArticleThirteen Group offers health and protection benefits
Thirteen Group has introduced access to protection benefits and private medical insurance (PMI) advice for its 1,400 employees.The housing management company will provide access to the benefits, which are offered on a voluntary basis and provided by Premier Choice Group, via its intranet-based benefits and reward site.Through the site, employees ...
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ArticlePension scheme membership lowest among 16 to 21 year olds
Employee membership of a workplace pension is at its lowest at the beginning of an employees’ working life, according to research by the Office for National Statistics.Its Pension scheme membership report found that among employees aged 16 to 21, around 10% of both men and women belonged to their employer’s ...
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ArticleDOD’s blog: Low pay is bad for society
This week we found out that more people are on low pay than ever before. Now 22% of UK workers earn the equivalent to £7.69 an hour according to the Resolution Foundation’s annual audit, Low pay Britain 2014.This mirrors last week’s report from the Chartered Institute of Personnel and Development ...
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ArticleBankers face bans on alcohol and late nights
Something for the weekend…Boozy late-night entertaining was once considered an essential aspect of most investment bankers’ careers. But employees in this industry sector could now face new curfews under codes of conduct aimed at improving the sector’s reputation. This means that some staff may have to reconsider what they believe ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk from 23-30 October:1. Implications of the October 2015 childcare voucher changes 2. Asda faces mass legal action around equal pay 3. The Pensions Regulator issues first auto-enrolment fines 4. Asos plans to change management incentive plan 5. Government to abolish short service ...
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ArticleLloyd's Register to use global mobility technology
EXCLUSIVE: Lloyd’s Register is to introduce new technology to help manage global mobility.The scheme, which will be launched in December and provided by Polaris Global Mobility, will help the engineering, technical and business services organisation remove the administrative burdens associated with global mobilityIt will also help free up time for ...
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ArticleThe Pensions Regulator issues first auto-enrolment fines
The Pensions Regulator (TPR) has issued its first fines to employers for failing to meet auto-enrolment duties.It has issued three fixed penalty notices were issued, each levying fines of £400 on employers, according to the TPR’s latest automatic-enrolment Compliance and enforcement bulletin.TPR has not revealed details of the nature of ...
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Article94% of leaders admit mental health prejudice
Some 94% of UK business leaders say that prejudice towards those with mental health conditions is still abundant in the UK’s largest organisations, according to research by Bupa.Its Breaking the silence report, which surveyed 50 business leaders and 500 workers both with and without mental health conditions, also found that ...
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Article71% of City workers expect a bonus this year
Almost three-quarters (71%) of City workers expect to receive a bonus this year, compared to 61% last year, according tp research by eFinancialCareers.Its Bonus expectations survey, which polled 587 professionals working in banking and finance in the UK, 978 in the U.S. and 696 in Singapore, also found that more ...
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ArticleTNT aligns global mobility with talent management
EXCLUSIVE: TNT is in the midst of aligning its global mobility framework with its talent management structure to bring both elements into the full HR cycle.Lisa Dempsey, global HR manager at TNT, will discuss how the logistics organisation has been through a major transformation to align global mobility and talent ...
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ArticleMG Rover Group reaches £8m pension settlement
MG Rover Group has reached an £8 million pension settlement with The Pensions Regulator (TPR) following an investigation into its senior pension scheme.More than 100 former employees, who were members of the scheme, will now receive a cash bonus almost ten years after the car manufacturer collapsed in April 2005.In ...
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ArticleNumber of low-paid staff increasing
The proportion of employees in low-paid work across Britain increased from 21% to 22% last year, according to research by the Resolution Foundation.Its annual audit of low pay across Britain, Low pay Britain 2014, also found that the number of people earning less than two-thirds of median hourly pay, q=equivalent ...
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ArticleJane Vivier: Should employers use social media to communicate benefits?
Think back to the days when we ‘discovered’ podcasts and webinars. We embraced them, not because we found them easy to make or even fun to do, but because they expanded our reach into parts of our workforce that remained untouched by leaflets, roadshows and posters.Using social media is no ...
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ArticleCrown Estate appoints Eleanor Smith
The Crown Estate has appointed Eleanor Smith as reward, benefits and pension manager, a newly created position.She was previously compensation, benefits and payroll manager at JLT. Smith has more than 19 years’ experience in the HR and benefits industry, including head of reward and people systems at Sainsbury’s, global reward ...
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ArticleAsda faces mass legal action around equal pay
Asda faces mass legal action around equal pay by female employees over claims that male employees in the supermarket’s distribution centres are being paid more, despite doing comparable work.In April, more than 400 female employees at Asda launched legal action against the supermarket around equal pay.Since then, law firm Leigh ...