All Article articles – Page 637
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Article
HMRC to stagger real-time information penalties
HM Revenue and Customs (HMRC) has announced it will stagger the introduction of real-time information (RTI) penalties.Its new automatic in-year Pay-As-You-Earn (PAYE) penalties for late filing and late payment and in-year interest, which is charged on tax and national insurance contributions that are paid late during the year, were due ...
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ArticleShare the benefits love this Valentine's Day
Something for the weekend…Valentine’s Day is the day to share the love you have for your significant other.But employers could take advantage of Cupid’s favourite day of the year by offering a range of employee benefits to promote the blossoming of love.For example, organisations could help staff make savings on ...
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Article
DOD's blog: Creative, fun ideas on pensions
We are seeing a fundamental shift in the way leading employers are talking about pensions to their staff. I have seen some pretty impressive, creative ideas out there.Last week I blogged about whether ‘pensions’ is a problem word or not (a rose by other name, would smell as sweet - ...
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Article
Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 6-13 February:1. A quick guide to employee benefits tax2. HMRC to change share plan administration process 3. How to motivate lower-paid staff in high-pay cultures 4. Barclays increases bonus pool to £2.4 billion 5. Nearly one million UK workers suffer long-term ...
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ArticleLloyds Banking Group reduces bonus pool
Lloyds Banking Group has reduced its bonus pool, as a percentage of pre-bonus underlying profit before tax, from 12% in 2012 to 6% in 2013.Its 2013 Full-year results showed that its group chief executive, Antonio Horta-Osorio, received an annual performance award of £1.7 million in shares, which is subject to ...
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ArticleVodafone's Paul Bissell to speak at Employee Benefits Connect
To create an effective and attractive employee value proposition (EVP) employers should understand what employees really want and ensure they understand the value of what they receive.Paul Bissell (pictured), head of reward at Vodafone, will explain how understanding the different values of a workforce is important to how an EVP ...
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ArticleGovernment publishes response to auto-enrolment consultation
The government has published its response to a consultation on exceptions to the employer duties around pensions auto-enrolment.The consultation, Technical changes to automatic-enrolment: public consultation on draft regulations and other proposed changes, which was published in March 2013, described proposals to insert a clause in the Pensions Bill to provide ...
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Article
Winners of the Corporate Adviser Awards 2014 announced
Employee Benefits’ sister publication, Corporate Adviser, announced the winners of its annual awards on 12 February at the Grosvenor House Hotel in London.Lorica Employee Benefits was named corporate adviser firm of the year, while corporate adviser small firm of the year was awarded to Mazars Employee Benefits.The winners also included:Pension ...
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ArticleJohn Hayhurst, from East Coast Mainline, on HR change on the railways
He was previously head of HR at National Express, during the two years when Great North Eastern Railway (GNER) was part of the National Express Group. He has also been an HR business services manager at GNER, formerly part of British Rail.Hayhurst, who has worked in the railway industry for ...
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Article
Madgex adds charity run to wellbeing offer
EXCLUSIVE: Madgex employees will take part in a charity run in March, in the latest in a range of health and wellbeing initiatives the organisation provides to staff.The provider of job board software and CV services has organised a running team for the Sainsbury’s Sports Relief mile on 23 March.Hanna ...
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Article85% see health benefits of bikes for work
More than three-quarters (85%) of bikes-for-work scheme users have noticed an improvement in their health since taking up the scheme, according to research by the Cycle to Work Alliance.The healthy commute research, which surveyed more than 18,000 employees who use the scheme and 700 employers that offer bikes for work, ...
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Article21% of UK workers paid below the living wage
More than a fifth (21%) of the UK workforce is paid below the living wage, according to a report by the Living Wage Commission.Its report, Working for poverty, which provides a detailed analysis of the rise of low pay and working poverty in the UK, found that 5.24 million employees ...
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Article
Dixons Retail appoints reward managers
McCahill will be responsible for all major international reward projects.She has joined Dixons after one year as HR manager at Samsung’s Cambridge Solution Centre, where she managed global reward.She previously held various roles at CSR, including talent and succession manager, and global reward specialist, when she was responsible for global ...
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Article
Richard Scase to speak at Employee Benefits Connect
The theme throughout Employee Benefits Connect is about looking ahead and preparing for the future.To inspire attendees, the closing keynote session ‘Future of the workplace’ will be delivered by Professor Richard Scase, a leading authority on leadership, futurology, innovation and corporate change.Book your free place at this sessionEmployee Benefits Connect ...
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Astellas Pharma appoints Kate Olley
Olley has 20 years’ experience in reward, including consultant roles at Towers Perrin and Arthur Andersen (both now Towers Watson), European head of reward at ABN AMRO Bank and group head of reward at Standard Chartered Bank.
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Article
Barclays increases bonus pool to £2.4 billion
Barclays Group increased its staff bonus pool, from £2.1 billion in 2012 to £2.3 billion in 2013.The bank’s Full year 2013 results showed a rise in total incentive awards for employees, however, overall total incentive awards are still £1.1 billion (32%) lower than in 2010.Incentives for 26,200 employees in the ...
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ArticleNominate your Employee Benefits Professional of the Year
Employee Benefits is searching for this year’s Employee Benefits Professional of the Year.We have received a number of nominations for this Employee Benefits award, but are certain that there are many more unsung heroes of the benefits world who are equally deserving of this title.So, we want to hear about ...
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ArticleMental health issues cost UK £70bn a year
Mental health issues cost the UK around £70 billion every year, according to research by the Organisation for Economic Co-operation and Development (OECD).Its report, Mental health and work: United Kingdom, found that this figure amounts to a 53% loss in employment and productivity.The report recommends that the government’s new Health ...
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Confessions of a benefits manager: Out with the old
After last year’s annual cull, we are a much smaller department and have several spare desks nearby. Unfortunately, the extra spaces have become a dumping ground for anything people don’t know what to do with.I am sick to death of looking at parts of a broken lamp, an ancient binding ...
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ArticleB&Q presents case study at Employee Benefits Connect
Employers looking to save money on employee benefits should take inspiration from organisations with a limited benefits budget.Janet Mckenzie (pictured), reward manager at B&Q, will explain how in a session titled Bang for your buck: Keeping your employees happy on a limited benefits budget at Employee Benefits Connect on 27 ...