All Article articles – Page 638
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ArticleDuncan Brown: Economic sense and social sensibility
At the end of December 2013, the GMB released research pointing to a 14% national decline in real wages since the start of the recession in 2008, and an average 20% fall in London. General secretary Paul Kenny argued: ”People deserve a decent pay rise after years of attacks on ...
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ArticleWin prizes at Employee Benefits Connect
Delegates who vist Employee Benefits Connect will have the opportunity to win a range of prizes from exhibitors.At the event, which will be held at the Park Plaza Westminster Bridge Hotel in London on 27 Febraury, delegates can fill in questionnaires or simply drop off a business card to be ...
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DOD’s blog: The word that dare not speak its name
I wasn’t too surprised to discover that the most read article on the Employee Benefits website this past week was ‘Top 10 pension jargon expressions to avoid’. The topic seems to have hit a cord, at least on Twitter (partly because of the great infographic).The one jargon word we did ...
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ArticleIs the top hat toothbrush the latest dental perk?
Something for the weekend…There could be a new dental benefit hitting the market, which could save employees time before the morning rush-hour commute.A top hat with a hands-free toothbrush netted student Sam Hunter Baxter top prize in an invention competition.The invention, which will be manufactured, can be used on the ...
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Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 30 January to 6 February:1. Language to avoid in pension communications2. Metropolitan Police launches voluntary perks 3. HMRC changes policy on recovery of VAT on DB pensions 4. Bwin.Party to launch new long-term incentive plan 5. OTS publishes recommendations on benefits ...
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EY launches new employee wellbeing programme
EY has launched a new approach to employee wellbeing called Health EY.The programme includes the introduction of mental health first-aiders across the professional services firm.Employees will be trained to act as a first point of call for colleagues who are facing mental health challenges or seeking advice.The organisation has also ...
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Whitbread launches employee assistance programme
Whitbread has launched an employee assistance programme (EAP) for more than 40,000 employees.The organisation, which includes brands such as Beefeater, Brewers Fayre, Costa Coffee and Premier Inn, initially trialled the scheme with 4,000 employees.The EAP, which is provided by and charity Hospitality Action and is available across the catering and ...
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ArticleAdvisers believe employers are disengaged with auto-enrolment
Two-thirds (65%) of respondents believe employers are disengaged with auto-enrolment, according to research conducted by financial research organisation Defaqto on behalf by Now: Pensions.The research, which surveyed 264 independent financial advisers, found that 89% of respondents are concerned that employers lack the knowledge to make informed decisions about the appropriate ...
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Nissan UK appoints DB pension administrator
Nissan UK has appointed Capita Employee Benefits to provide pensions administration services to its defined benefit (DB) pension scheme.The services, which are part of a five-year contract, went live on 3 February 2014. Nick Burns, chief executive of Capita Employee Benefits, said: “Working with Nissan is a significant new contract ...
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Carillion appoints Trevor Sparrow
He was previously head of international pensions and benefits at Lloyds Banking Group.With more than 30 years’ experience in the industry, Sparrow’s roles have included pensions manager at Lloyd’s Register, principal consultant of international pensions at KPMG, international pensions manager at JP Morgan Chase, head of pensions and benefits for ...
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Come to global benefits sessions at Employee Benefits Connect
Global reward and benefits sessions will be on offer as part of Employee Benefits Connect 2014.Experienced international benefits and reward directors will be speaking on topics such as:How to obtain value with a global workforce when budgets are strained’What to expect in global mobility compliance’‘Global wellness initiatives: long-term employee commitment ...
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Ricoh Europe appoints Donna Nind
She has joined from CSC, where she had worked for eight years, most recently as senior manager, compensation and benefits for the UK, Ireland, the Netherlands and the Nordics.Nind’s other previous roles at CSC have included compensation and benefits manager for the UK and Ireland, compensation and benefits specialist for ...
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Metropolitan Police launches voluntary perks
The Mayor’s Office for Policing and Crime (MOPAC) has launched a voluntary benefits programme for the Metropolitan Police Service’s 45,000 staff.The Met Rewards programme, which is provided by Xexec through a framework agreement, is also available to elected local policing bodies and other police authorities for UK police forces, the ...
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HMRC changes policy on recovery of VAT on DB pensions
HM Revenue and Customs (HMRC) has changed its policy on the recovery of input tax paid on the management of pension funds, following a decision by the Court of Justice of the European Union (CJEU).In the case Fiscale Eenheid PPG Holdings BC cs te Hoogezand (PPG), a Dutch employer, PPG, ...
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Book a date in your diary for the Employee Benefits Awards 2014: 27 June at HAC, London
So now is a good time to start planning your diary and book in the Employee Benefits Awards on 27 June.This glittering lunchtime event, followed by all the fun of the fair in the summer sunshine (we hope!) is a must attend for all the the benefits industry.Booking for the ...
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Bwin.Party to launch new long-term incentive plan
Online gaming organisation Bwin.Party is planning to launch a new long-term incentive plan for executive directors and senior managers.The Bwin.Party Digital Entertainment 2014 incentive plan (BIP) will succeed the organisation’s previous two schemes, its bonus banking plan and its value creation plan, which were both adopted in conjunction with the ...
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Average income 6% lower than in 2007-08
Average income in 2013-14 is 6% lower in than it was before the economic crisis began in 2007-08, according to research by the Institute for Fiscal Studies (IFS).Its Green budget 2014: the squeeze on incomes found that this fall in average incomes has largely been driven by declines in real ...
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Debbie Lovewell-Tuck: Good deeds pay dividends
Although the same time parameters do not apply, this sense of altruism is extending into the workplace. In the first few weeks of this year alone, we reported on several large employers’ charitable or green initiatives linked to their benefits or reward schemes.Reinsurer Swiss Re, for example, extended its financial ...
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Angie Risley: Will the increase in share plan limits boost scheme numbers?
At Sainsbury’s, we know that a major part of the success of the business is down to the 157,000 employees working in our stores, depots and offices.We believe in giving our employees and their families the opportunity to own a real stake in our business, so their interests are genuinely ...
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L’Oreal to launch total reward statements
EXCLUSIVE: L’Oreal is to launch total reward statements as part of the rollout of its new flexible benefits scheme.The statements, which will go live via the cosmetics and beauty organisation’s new online flexible benefits portal in March, will summarise the benefits that employees have chosen through the flex scheme, as ...