All Article articles – Page 658
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Greenery UK hires DB pension administrator
Food distributor, Greenery UK, has appointed Capita Employee Benefits to provide actuarial and administration services for its defined benefit (DB) pension scheme.The services, which are part of a three-year contract, went live on 1 October.John Priest, trustee of the pension scheme, said: “We saw [Capita] as a trusted partner and ...
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Mayer Brown appoints employment and benefits partner
Mayer Brown has appointed Stefan Martin as a partner in its employment and benefits group.Martin has experience across the full range of employment law, and has been involved in cases in the Employment Tribunal and High Court.He joins from Allen and Overy where he was a partner in the employment ...
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ArticleStress is barrier to staff productivity
Three-quarters (75%) of London respondents said stress is a significant barrier to productivity in their job, according to research by Canada Life Group.Its research, which surveyed 763 UK employees, found that only 22% London respondents said stress has never been a problem for their productivity, compared to 27% of national ...
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What's in a job title?
Something for the weekend…What a load of jobbledygook! Talent delivery specialists, sorry, recruitment staff, are revamping job titles to make them sound more attractive.In today’s job market, a number of positions have flash names. Research by recruitment website Myjobmatcher.com found a number of ridiculously sounding names for jobs.The wackiest job ...
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Top 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 7-14 November:1. EHRC to investigate maternity discrimination2. Lloyds Banking Group consults on DB pension changes3. Three raises pensions take up to 80%4. Aon Hewitt launches auto-enrolment product 5. The challenges of auto-enrolling weekly-paid employees6. Pension comparison service launched7. Arsenal FC denies ...
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DOD’s blog: Workplace kitchen wars
Last week a friend of mine sounded off on her Facebook wall about the proposed notices to be put up in the kitchen at her workplace. A meeting had even been held to decide how exactly to phrase the “Please clean up after yourselves” message so that it had maximum ...
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Asda staff to receive £17m festive bonus
Asda is to reward its 180,000 staff with a £17 million festive bonus to thank them for their hard work throughout 2013.The Christmas bonus package includes a £20 Asda gift card, with £5 towards a Christmas party and a free meal.It also includes double discount days on 19 and 20 ...
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Award fosters pride at Hewlett-Packard
Lorna MacMillan (pictured), former total rewards manager, UK and Ireland at Hewlett-Packard (HP), explains what it means to be recognised with an Employee Benefits award.The technology organisation won ‘Best healthcare and wellbeing benefits’ at the Employee Benefits Awards 2013. It was chosen for its education-based campaigns and screening initiatives in ...
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ArticlePay rises by 0.8% in September
Average weekly earnings, excluding bonuses, rose by 0.8% when comparing July to September 2013, according to the latest figures by the Office for National Statistics (ONS).Its report, Labour market statistics, November 2013, also found that the average weekly wage, including bonuses, rose by 0.7% during the same three months.In payment ...
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Employees want to choose their own benefits
More than half (56%) of respondents are able to choose their own benefits, according to research by Capita Employee Benefits.Its research, which surveyed 3,000 employees, found that 28% are able to choose their own benefits and 16% do not know whether they have flexible benefits or not.Among respondents who do ...
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Recognition as valued as the annual bonus
Almost half (45%) of respondents prefer frequent recognition rather than an annual bonus, according to research by Globoforce.Its 2013 UK Workforce mood tracker, which surveyed employees from a range of organisations with 500 or more staff, found that 81% of respondents believe recognition and reward should be distributed more fairly ...
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Top speakers at Employee Benefits Connect in New York
Alan Momeyer, vice-president of human resources at Loews Corporation, will speak about ‘The role of HR in shaping company strategy’, and Christopher Condeluci, former tax counsel of the US Senate Finance Committee, will talk about the Affordable Care Act. Sally Luck, HR director - corporate services and wellness at Hallmark ...
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Pg 16-17 Tweets about the Employee Benefits Awards
@boostawards “Calling HR people, the very popular Employee Benefits Awards @EmployeeBenefit Open 4 Entries #EBAwards #AwardWriters”@Benefex “We just heard that @MindCharity has been selected as the charity for the @EmployeeBenefit Awards 2014. Awesome.”
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Pg 16-17 Most talked-about news via Twitter
In an online news story published in November, Employee Benefits wrote that Arsenal Football Club denied that it pays its kitchen staff less than the London living wage, which was increased from £8.55 to £8.80 per hour during Living Wage Week, 4 to 8 November.@EmployeeBenefit “Arsenal FC denies paying below ...
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Firefighters strike again over pension proposals
Firefighters across England and Wales are on strike today over the government’s proposed reforms to their pension scheme.It is the fourth strike that members of the Fire Brigades Union (FBU) have staged in recent weeks. Firefighters previously went on strike on 25 September, 1 and 4 November, and suspended planned ...
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FTSE 350 pension deficit increases to £102bn
The estimated aggregate deficit for the defined benefit (DB) pension schemes of FTSE 350 companies stood at £102 billion at 31 October 2013, according to research by Mercer.Its Pensions risk survey found that asset values increased by £13 billion over the month, from £553 billion at 30 September 2013 to ...
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Poor pay levels top reason for staff turnover
Lack of remuneration and recognition is the top cause of voluntary staff turnover, according to research by the recruiter, Robert Half UK.Its research, which surveyed 200 HR directors, found that 40% of respondents cited poor pay and recognition as the major cause of turnover, 29% cited concern of their organisation’s ...
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Friendly Pensions launches fee-free charging structure
Friendly Pensions has introduced a charging structure to its pensions that is fee-free until the pension fund grows by 5%.David Austin, managing director of Friendly Pensions, said: “We established Friendly Pensions to focus on auto-enrolment because we believe current providers did not offer value to small and medium-sized employers.“Our approach ...
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Employee Benefits Awards help share best practice and ideas
Janine Sparks, senior reward manager at British Airways, answers questions about what it means to be recognised as employee benefits professional of the year.Sparks, who was chosen for the accolade at the Employee Benefits Awards 2013, has spent more than 25 years in employee benefits and reward.What has winning an ...
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Employers would support group risk auto-enrolment
More than half (52%) of respondents would support an initiative to auto-enrol employees into group risk protection products alongside pensions auto-enrolment, according to research by Group Risk Development (Grid).Its Group risk employer research, which surveyed 500 UK employers, found that 38% would consider implementing these products alongside auto-enrolment.The research also ...