All Article articles – Page 607
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ArticleNorton Rose Fulbright extends policies for working parents
EXCLUSIVE: Norton Rose Fulbright has extended its parental policies for its 1,100 UK-based employees.The law firm has simplified its parental policies and made sure they are consistent for all of its lawyers and service staff. All female employees are now entitled to 28 weeks maternity leave at full pay.Sacha de ...
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ArticleTelegraph Media Group engages pension members
Nearly two-thirds (60%) of Telegraph Media Group’s pension members said they would not have contributed additional voluntary contributions (AVCs) to their pension if it had not been for personalised communications about the option.In February 2014, the newspaper group sent out a personalised newsletter to the 1,000 members of its trust-based ...
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ArticlePregnant Workers Directive proposals to be withdrawn
The European Commission is to withdraw its proposals to amend the Pregnant Workers Directive. Changes to the directive, which were announced in 2008, would have increased the minimum period of maternity leave across Europe from 14 to 18 weeks, and then to 20 weeks’ fully-paid maternity leave.It would have also ...
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ArticleFamily-friendly policies more likely where employers consult unions
Family-friendly and equal opportunity policies are more likely to be adopted by organisations that consult or negotiate with unions, according to a report by Warwick Business School and Cass Business School.The Unions, joint regulation and workplace equality policy and practice in Britain paper, which surveyed 2,295 UK workplaces, was published ...
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ArticleWhat are collective defined contribution pension schemes?
New definitions will be added to the current legislative framework for CDC schemes to provide a wider choice of pension schemes, encourage greater risk and enable savers to have more certainty about their retirement savings. CDC schemes were first suggested in the government’s consultation paper, Reshaping workplace pensions for future ...
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ArticleCosts and charges top driver of pension provider selection
Nearly two-thirds (65%) of pension scheme members cited the level of costs and charges as the most important factors for employers when choosing a pension provider, according to research by the National Association of Pension Funds (NAPF).Its What do pension scheme members expect of how their savings are invested? research, ...
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ArticleOscar Mayer re-engages staff with cash plan
EXCLUSIVE: Oscar Mayer is re-engaging employees in its health cash plan following 10 years with its provider Bupa.At the end of July, the food manufacturer ran promotional campaigns and competitions for staff across its three sites in Kent, North Wales and Somerset to boost engagement. Some 85% of its 1,600 ...
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ArticleGrandparents take sick leave to care for grandchildren
Some 14% of respondents have taken time off work through annual or sick leave, reduced their working hours or given up a job to provide childcare for their grandchildren, according to research by Grandparents Plus, Save the Children, and The Family and Childcare Trust.The Time to care: generation generosity under ...
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ArticleHMRC to raise bonus rates for sharesave schemes
HM Revenue and Customs (HMRC) is to increase the bonus rates payable on five-year sharesave schemes.A new bonus rate of 0.6 times monthly contributions and an annual equivalent rate of 0.39% will be applied to these schemes from 28 July 2014.This is the first time a bonus rate will be ...
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ArticleDOD’s blog: New world order for working policies
For some months I have been using the term ‘age management’ to describe a new discipline creeping into human resources strategies.Now that staff can work for as long as they want to (or have to), HR professionals are taking stock of their workforce planning strategies, their wellbeing initiatives and how ...
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ArticleQueen's Speech legislative changes that impact benefits
The Queen confirmed that the Pensions Tax Bill will offer greater flexibility to defined contribution (DC) pension schemes.From April 2015, the legislation will remove previous restrictions on the way employees can access their DC pension savings, allowing them to access savings as a lump sum, through drawdown or by converting ...
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ArticleDAC Beachcroft launches financial education
DAC Beachcroft has launched a financial education programme for its 2,000 UK employees.The law firm introduced the programme to provide a more consistent and continual approach to promoting its benefits package, which includes a flexible benefits scheme with an annual enrolment window.Sarah Young, head of HR at DAC Beachcroft, said: ...
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ArticleCost is main barrier to PMI provision
More than two-thirds (42%) of respondents said the main barrier to offering private medical insurance (PMI) to employees is that the organisation cannot afford it, according to research by Bupa.Its research, which surveyed more than 1,000 senior decision-makers, found that 28% of respondents that do not offer private healthcare to ...
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John Lewis Partnership awarded for total reward statements
John Lewis Partnership won the award for Best total reward statements at the Employee Benefits Awards 2014.Read why the retailer was judged to be the best in this category.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC London
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Live Nation awarded for financial education strategy
Live Nation Entertainment won the award for Best financial education strategy at the Employee Benefits Awards 2014.Read why the organisation was judged to be the best in this category.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC London.
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Jobs and Business Glasgow awarded for best DC default investments
Jobs and Business Glasgow won the award for Best DC pensions default investments at the Employee Benefits Awards 2014.Read why Jobs and Business Glasgow was judged to be the best in this category.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC ...
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Northern Trust awarded for work-life balance
Northern Trust won the award for Best work-life balance strategy at the Employee Benefits Awards 2014.Read why the organisation was judged to be the best in this category.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC London.
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Capital One awarded best staff travel policy
Capital One won the award for Best staff travel policy at the Employee Benefits Awards 2014.Read why the organisation won the award.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC London.
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Barclays and IBM awarded for work-life balance
Barclays, IBM and Marks and Spencer were awarded for their equality and inclusion policies at the Employers Network for Equality and Inclusion (ENEI) Awards 2014.The awards acknowledge and celebrate employers with a commitment to good practice above and beyond legal compliance, and innovative approaches that will inspire other employers.Barclays was ...
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Tesco awarded for employee share schemes
Tesco won the award for Best employee share schemes at the Employee Benefits Awards 2014.Read why the organisation was judged to be the best in this category.The Employee Benefits Awards 2014 were held on 27 June 2014 at the Artillery Garden at the HAC London.