All Article articles – Page 602
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ArticleBank of England consults on bankers' bonuses
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have published two joint consultation papers aimed at improving individual responsibility and accountability in the banking sector.One of the consultation papers, Strengthening the alignment of risk and reward: new remuneration rules, include proposals for the introduction of new rules on ...
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ArticlePSHPC acquires Private Health Partnership
Punter Southall Health and Protection Consulting (PSHPC) has completed its acquisition of the Private Health Partnership (PHP).The transaction follows the purchase of the Yorkshire-based health group from Skipton Building Society for an undisclosed sum.PHP’s staff in West Yorkshire and its businesses in Cheshire and Surrey will be retained.PSHPC now advises ...
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ArticleHutchison 3G appoints Paul Bissell
Hutchison 3G has appointed Paul Bissell head of reward.He was previously head of reward (fixed line) at Vodafone UK and head of reward at Cable and Wireless Worldwide, before it was purchased by Vodafone.Prior to that, Bissell held a range of roles at Nationwide Building Society, including retail training manager, ...
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ArticleEAT to hear three cases on holiday pay
The Employment Appeal Tribunal (EAT) is to hear three cases on holiday pay on 30 July.The hearing follows two recent decisions around holiday pay.In June 2014, the European Court of Justice (ECJ) ruled that an employee who dies with outstanding holiday pay should be paid this after their death.In May ...
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ArticleInterview with Robert Drewell, head of reward and benefits at Hermes Europe
The move came as Drewell was nearing the end of an interim role as senior reward consultant at Brakes Group. He was approached by a friend of his, Caroline Foster, HR director at Hermes, to help her establish a new team.“I knew of Hermes’ business and was aware Caroline had ...
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ArticleIFS Proshare appoints new head of employee share ownership
IFS Proshare has appointed Alan Scott head of employee share ownership.With more than 40 years’ experience in the industry, Scott’s most recent role was company secretary at Millennium and Copthorne Hotels, where he was responsible for administering the organisation’s employee share ownership scheme.Prior to this, Scott held various positions within ...
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Article40% of global mobility managers spend most time on benefits
Four in ten (40%) global mobility professionals said compensation and benefits for assignees takes up most of their time, according to research commissioned by global mobility firm Santa Fe Group.Its Global mobility survey 2014, which questioned 1,269 HR and in-house mobility professionals in North America, Latin America, Europe, the Middle ...
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ArticleLouise Aston: Should employers include wellbeing policies in annual reports?
The organisations that are doing this best, in terms of public disclosure of employee engagement and wellbeing, have the information in one place. Very often it is in their sustainability report or their corporate social responsibility (CSR) report. The point is that it is positioned in a joined-up, integrated, transparent ...
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ArticleQuintessa launches employee ownership trust
Quintessa has launched an employee ownership trust.The scientific and mathematical consultancy is now 100% owned by its employees after it launched the trust on 17 July.Employee ownership is when employees own a significant stake in the organisation they work for.Employees in an employee ownership trust organisation can receive income-tax-free bonuses ...
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ArticleHMRC launches consultation on unapproved share schemes
HM Revenue and Customs (HMRC) has published a consultation on one of the Office of Tax Simplication’s (OTS) share scheme recommendations.Its consultation, Office of Tax Simplification review of unapproved share schemes: marketable security, looks at a recommendation made by the OTS in January 2014 that the government introduce the concept ...
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ArticleWill sleeping pods boost Manchester United's productivity?
Something for the weekend…Everyone has felt the full force of a workplace shake up, be it office moves or restructured benefits packages.At Manchester United Football Club, it looks like new manager Louis Van Gaal is doing everything he can to motivate players to adapt to his regime with a new ...
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ArticleTop 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 17-24 July:1. Government sets out plans for guidance guarantee 2. Obesity could be covered by anti-discimination law 3. Adidas and Nomura among healthiest employers 4. Sports Direct boss exits bonus share scheme 5. Southern Water triples bikes for work take up ...
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ArticleJelf Employee Benefits appoints Richard McKinley-Price
Jelf Employee Benefits has appointed Richard McKinley-Price head of benefits management.His role is to develop the benefits proposition, and he will lead the benefits management team delivering flexible benefits, total reward statements and online benefits management to employers.McKinley-Price’s previous roles include senior consultant at Lorica Employee Benefits, flex product manager ...
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ArticleTop discussions via Twitter last month
@BlacklerComms – Tips for those struggling with auto-enrolment @EmployeeBenefit bit.ly/1ueaY1g #autoenrolment #compliance #pension@Littlevangogh – The workplace really does impact employee #wellbeing @EmployeeBenefit bit.ly/1lgBvM0@aspirafinancial – Interesting analysis of the growing importance of employee wellbeing bit.ly/T6bDGy @EmployeeBenefit@JohnSylvester – Why hard data on employee #benefits has become so crucial buff.ly/1l7UnuE via @EmployeeBenefit #HR@HWCLTD ...
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ArticleJP Morgan launches global wellbeing challenge
EXCLUSIVE: More than 130,000 JP Morgan employees have signed up to take part in its global wellbeing initiative for 2014.The 12-week activity challenge, which was launched on 23 June, focuses on two areas: early detection and physical activity.It includes a step-up competition, where employees log their healthy activity to raise ...
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ArticleArthur J Gallagher to acquire Baker Tilly’s benefits business
Arthur J Gallagher has signed an agreement to acquire the assets of Baker Tilly’s employment benefits solutions business for an undisclosed sum.The deal, which remains subject to the satisfaction of certain conditions, includes the acquisition of all Baker Tilly’s employee benefits corporate contracts, the consulting team and partners, the employer-support ...
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ArticleGovernment proposes halving deferred state pension increase
The government has proposed halving the deferred state pension increase rates from 6 April 2016.Currently, UK workers who reach the state pension age before 6 April 2016 will be able to defer their state pension and benefit from an annual increase of 10.4% on the deferred income.Under the proposals, anyone ...
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Article86% of financial services employers offer salary sacrifice
The majority (86%) of respondents in the financial services sector offer benefits to staff via salary sacrifice arrangements, up from 78% in 2013, according to research by Thomsons Online Benefits.Its 2014 Employee rewards watch financial services research, which surveyed nearly 70 employers that represent 180,000 employees, found that 44% of ...
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ArticleLafarge Tarmac promotes James Roberts
Lafarge Tarmac has promoted James Roberts to head of employee benefits.He previously spent nearly five years as senior manager, pensions and benefits at the construction organisation.He was previously a principal administration manager at KPMG.
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ArticleConfessions of a benefits manager: Candid resists bikes for work
You might think I don’t take our employee requests seriously, but really I do. I discussed it long and hard with the local HR manager, and we decided the demand didn’t support such a programme. In London, we just don’t have any demand, thanks to Boris and the adjacent Tube.Besides, ...