All Article articles – Page 621
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47% know a colleague who has quit work due to stress
Nearly half (47%) of respondents know a colleague who has quit work due to stress, according to research by Capita Employee Benefits.Its second Annual employee insight report, which interviewed more than 3,000 UK employees, found that 79% of respondents have been stressed at work in the past year.The research also ...
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35% near retirement not aware of Budget changes
More than a third (35%) of respondents approaching retirement are either unaware or unsure about the pension reforms announced in the 2014 Budget, according to research by MetLife UK.Its research, which surveyed 568 adults aged 55 and above with defined contribution pension savings, found that 27% of respondents had not ...
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28% do not know the size of their pension pot
More than a quarter (28%) of respondents saving into a workplace defined contribution (DC) pension scheme have no idea how much is in their pension pot, according to research by Capita Employee Benefits.Its research, which will be published in full later in May, found that a quarter (25%) of respondents ...
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28% more likely to save following Budget pension reforms
More than a quarter (28%) of UK workers said they are more likely to start saving or save more into a pension scheme following the reforms announced in the Budget 2014, according to research by the National Association of Pension Funds (NAPF).Its Spring workplace pensions survey 2014, which questioned 1,009 ...
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16% view retirement saving as top priority
Just 16% of respondents said saving for retirement was a top financial priority, according to research by Capita Employee Benefits.Its second Annual employee insight report, which is based on interviews with more than 3,000 UK employees, found that 52% of respondents would be willing to save into a pension if ...
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Top 10 most read stories this week 22-29 May
The top 10 most read articles on employeebenefits.co.uk from 22-29 May:1. John Lewis and Harrods top employers for pay and benefits2. Court rules holiday pay should include commission3. The problems payroll is causing for pensions auto-enrolment4. Allianz wellbeing programme reduces absence levels5. Tesco and Whitbread shortlisted for share plans6. PMI ...
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10% believe employers care about their financial wellbeing
Only 10% of employee respondents believe their employer is concerned about their financial wellbeing, according to research by Barclays Corporate and Employer Solutions (C&ES).Its Financial wellbeing: the last taboo in the workplace? research, which surveyed more than 2,100 UK employees and 100 employers, found that more than two-thirds (69%) of ...
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Top 10 most read stories this week 8-15 May
The top 10 most read articles on employeebenefits.co.uk from 8-15 May:1. Bank of America Merrill Lynch aids staff weight loss2. KFC and RBS shortlisted for pensions communications3. Workplace walking campaign launches4. Imagination staff increase pension contributions5. Standard Life becomes living wage employer6. 35% near retirement not aware of Budget changes7. ...
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Nails Inc sees 1% auto-enrolment opt out
EXCLUSIVE: Nails Inc has seen 1% of its auto-enrolled employees opt out of its new group personal pension (GPP) plan since its staging date in January 2014.The nail bar chain has 60 outlets across the UK and employs around 370 employees, 160 of whom are eligible for auto-enrolment.The GPP, which ...
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Group risk industry paid £1.24bn in claims in 2013
The group risk industry paid out £1.24 billion in 2013, according to research by Group Risk Development (Grid).This is a rise from the £1.2 billion paid out by the industry in 2012, based on statistics from the industry body’s research.The research also broke down the risk benefits paid out by ...
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£23,000 gap in retirement expectations between genders
Women expect half the annual income of men in retirement, anticipating they will receive £24,000 a year compared to men’s £47,000, according to research by Aegon.The Aegon UK Readiness report surveyed 4,000 UK employees to assess their behaviour, awareness and finances to determine their readiness score, which provides a mark ...
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Flexible benefits communications have improved
Just 20% of respondents to this year’s research said this was the main lesson to come out of their flexible benefits annual review meeting, compared with 29% in 2013 and 37% in 2012.About one-third of respondents said they learnt that their plan includes a good range of benefits, which is ...
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90% of UK workers not ready for retirement
Nine in ten (90%) UK employees are falling short of their retirement targets, according to research by Aegon UK.The Aegon UK Readiness report surveyed 4,000 UK employees to assess their behaviour, awareness and finances to determine their readiness score, which provides a mark out of 100 to indicate how ready ...
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Nigel Bolton: How will the auto-enrolment 'capacity crunch' affect medium to large employers?
During its first 14 months, auto-enrolment saw more than 3,000 of the UK’s largest employers reach their staging date.However, in the first six months of 2014, nearly 30,000 employers will reach their staging date, which has led to concerns about a ‘capacity crunch’.Research conducted by financial research organisation Defaqto on ...
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41% segment flex communications
A further 25% have never tried this approach but are considering doing so, according to the Employee Benefits/Towers Watson Flexible Benefits Research 2014.Email alerts, used by 84% of respondents, are the most popular method among respondents that use targeted communications around flexible benefits, followed by leaflets and brochures (34%) and ...
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BT and Unilever launch report on depression
BT Group and Unilever are among the employers that have launched a report featuring fresh insights into the issue of depression in the workplace.The Depression in the workplace in Europe: new insights from business leaders report has been published to coincide with Depression Awareness Week, from 26 April to 3 ...
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Grant Thornton promotes Sophie Faulkner
Since joining Grant Thornton in 2008, she has held a range of roles, including senior benefits administrator, benefits supervisor, and senior reward and policy executive.She was previously principal pensions assistant at Northamptonshire County Council and pensions assistant at the London Pension Fund Authority.
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HSBC appoints Ana Jordan
She will be responsible for driving the strategic performance and reward support agenda across this global business.Her previous roles in the industry include European compensation and payroll manager at Legg Mason, compensation and benefits manager at Ogilvy and Mather, a range of payroll roles at Pinnacle PSG, and HR and ...
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RSPB appoints Jo Ross
She was previously HR quality manager at Bromford Group, which won an Employee Benefits Award in 2012 for ‘Most effective benefits communications strategy for employers with fewer than 5,000 UK staff’.Before joining Bromford, Ross was a personnel adviser at RSPB for five years and a personnel administrator at Girlguiding UK.
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Royal Mail appoints Damian Docherty
He was previously European reward director at Ricoh Europe.Other roles have included senior reward manager at Lloyds Banking Group, head of employee relations and reward at the University and Colleges Employers Association, and Europe, Middle East and Africa head of compensation at Goldman Sachs.