All Article articles – Page 587
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Article75% do not identify or manage staff health risks
Three-quarters of respondents do not identify and manage known employee health risks, according to research by Aon.However, its annual Benefits and trends survey also found that respondents want to understand the impact of employee health risks on business performance and insurance premiums, with half of respondents wanting to get to ...
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ArticleNine out of 10 small employers want auto-enrolment delay
Nine out of 10 small employers that have not reached their pensions auto-enrolment staging date yet want the process to be delayed until the new raft of pension reforms are complete, according to research by the Association of Consulting Actuaries (ACA).The ACA 2014 Smaller firms’ pension survey, which surveyed 414 ...
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ArticleFourth Employee Benefits Connect is fast approaching
It is the perfect opportunity for HR, benefits and global reward managers to catch up on current trends, upcoming changes to benefits and to meet leading benefits providers.The conference will include streams on employee benefits strategy, financial wellbeing, workplace wellbeing and global reward.The dedicated networking exhibition and roundtables will enable ...
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ArticleDiscovery Networks opens medical and wellbeing centre
Discovery Networks has opened a medical and wellbeing centre at its London headquarters, Discovery House.The centre will provide holistic primary and preventative healthcare for more than 1,300 employees. The new centre, which was declared open by chief executive officer David Zaslav and international president JB Perrette, will be managed by ...
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Article47% of auto-enrolment probes result in breaches
The number of investigations into auto-enrolment compliance by The Pensions Regulator (TPR) that result in potential and actual breaches has more than doubled this year, according to a Freedom of Information request by Creative Auto Enrolment.The request by the auto-enrolment services organisation found that investigations resulting in potential or actual ...
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ArticleActors denied minimum wage for not meeting 'worker' classification
A number of actors that worked under a profit sharing arrangement have been denied the right to be paid the national minimum wage. The Employment Appeal Tribunal has rejected the original judgement because it failed to apply the correct legal test to see whether the employed actors were defined as ...
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ArticleEmployer funds holidays to boost engagement
Something for the weekend…Sitting in a dull office all day could well lead to employees becoming uninspired, demotivated and in need of a holiday.In these cases, perhaps the best way to boost creativity is to spend some time away from work.Thinkparallax, an 11-person strong creative agency based in Sourthern California ...
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ArticleDOD’s blog: Time to network differently
Earlier this month I popped along to the inaugural meeting of the Independent Women in Insurance Network (iWIN).I had no idea what to expect (other than a really early morning – it started at 8am!).However, the main talk by Julia Hobsbawm, a visiting professor at Cass Business School and the ...
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ArticleTop 10 stories most read this week
The top 10 most read stories on employeebenefits.co.uk from 15-23 October: 1. Nestle employee liable for tax on payment in lieu of benefit 2. Government confirms action to cap pension charges at 0.75%3. Wells Fargo employee demands pay rise via email 4. Home Group to re-launch benefits package 5. The ...
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ArticleGovernment to abolish short service pension refunds
The government is to abolish short service pension refunds for employees who leave an employer after less than two years’ service.Under current arrangements, a member of an occupational pension scheme that leaves having completed more than three months but less than two years’ qualifying service may be entitled to receive ...
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ArticleAsos plans to change management incentive plan
Asos is planning to change the way it rewards top employees through its management incentive plan. The online fashion retailer’s current scheme, which awards bonuses to management based on its share price, is due to run until 2016.However, its share price has fallen by 63% over the last year making ...
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ArticleA quarter of expats have no international health cover
A quarter (25%) of expatriates do not have international health insurance cover because they think they do not need it, according to research by Now Health International.Its study of 290 respondents found that this 25% felt they did not need international medical cover because they were currently healthy and did ...
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ArticleHome Group to re-launch benefits package
Home Group is to re-launch its employee benefits package and introduce three new benefits later this month.Its map-themed re-launch (pictured) will bring together Home Group’s full benefits proposition in a single web-based portal, provided by Edenred. The move is aimed at driving up employees’ engagement with benefits.As well as repositioning ...
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Article24% of employees are on low pay
There has been an increase in the number of people in low pay between the 1990s and 2010s, according to research by the Chartered Institute of Professional Development (CIPD).Its Pay progression: understanding the barriers for the lowest paid report, which categorises low pay as those paid below 20% above the ...
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ArticleScottish Prison Service moves eyecare benefit online
EXCLUSIVE: The Scottish Prison Service has moved its employee eyecare benefit online.All HR managers across the 14 prison service sites now have instant access to its eyecare scheme, provided by Specsavers Corporate Eyecare, to offer all staff vouchers for visual display unit (VDU) eyecare and safety eyewear.It uses the vouchers ...
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Article62% of staged employers positive about pensions auto-enrolment
Nearly two-thirds (62%) of staged employers feel positive about auto enrolment, and the impact it will have on their business, according to research by Close Brothers Asset Management.Its Business barometer survey, which surveyed more than 900 UK employers, also found that the majority of employers which have staged for auto-enrolment ...
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ArticlePensions not suitable for 10% of SABMiller staff
Over 10% of employees at beer brewer SABMiller will have an annual pensions allowance problem within the next three years.SABMiller, which started in the UK in 1999 and has a trust-based defined contribution scheme, offers age-related contributions to pension scheme members. “I think is slightly unusual. We think we are ...
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ArticleWarburtons increases staff pension contributions
Warburtons has seen more than 376 pension scheme members of staff increase contributions in the last year following the introduction of its three-year engagement plan.The family-owned baking organisation also reduced its auto-enrolment opt-out rates to 1%, down from 2.6% in October 2013.Speaking at the annual National Association of Pension Funds ...
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ArticleCDC will be lasting legacy of pension reforms, says Steve Webb
One of the lasting legacies of the coalition government’s pension reforms will be the introduction of collective defined contribution (CDC) schemes, said pensions minister Steve Webb at the annual National Association of Pension Funds (NAPF) conference.Webb said that CDC pension schemes have a future in this country, having seen developments ...
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ArticleWells Fargo employee demands pay rise via email
Something for the weekend…It is no secret that many employees have been left disgruntled by continuing low, or no, pay increases.In recent years, many have turned to strike action to make their views known. However, one employee at Wells Fargo in Portland, Oregon, tried a different, more unusual, approach.Tyrel Oates, ...