All Article articles – Page 660
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Employers to increase focus on health and wellbeing in 2014
Two-thirds (65%) of respondents said health and wellbeing will be an increased priority in 2014, according to research by Edenred and EnergiseYou.The second Annual wellbeing survey, which questioned more than 100 HR professionals, found that the same percentage (65%) are taking a proactive approach to employee health and wellbeing.The research ...
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Collective pension could provide 33% better outcome
Collective pensions could provide a 33% better outcome than individual provision, according to a report by David Pitt-Watson (pictured), lead for the Tomorrow’s Investor programme at the Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA).The Collective pensions in the UK II report, which follows on from its ...
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16% called in sick due to stress in past year
One in six (16%) respondents called in sick due to stress in the past year, according to research by Friends Life.Its research, which surveyed 2,000 UK employees, found that young people were more likely to feel the pressure, with almost a quarter (24%) of 18-to-24 year olds calling in sick ...
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Buck appoints head of UK health and productivity
Buck Consultants has appointed Martyn Anwyl (pictured) managing director of its UK health and productivity division.In his new role, he will lead a team of 36 and advise on implementing effective benefits programmes designed to enhance employee wellbeing.Anwyl was previously head of compensation and benefits at Xerox Europe, Buck Consultants’ ...
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Health and Wellbeing report 2013
Read the digital version of the Health and Wellbeing 2013 supplement.The supplement includes the following articles:Clare Bettelley: Lipservice is no substitute for proactive wellbeing support Facts and figures on health and wellbeing benefits How to address preventable causes of employee absence Browne Jacobson takes proactive approach to staff wellbeing How ...
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West Cornwall Pasty Company launches master trust
The West Cornwall Pasty Company has launched a master trust to comply with auto-enrolment.The scheme, which was launched on the food retailer’s auto-enrolment staging date of November 2013, will be provided by multi-employer trust provider Now: Pensions.The master trust is available for the organisation’s 400 eligible employees.Lowri Eastgate, head of ...
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EDF Energy agrees pay terms for Hinkley staff
EDF Energy has reached an agreement on pay and conditions for employees who will build the proposed new Hinkley Point C nuclear power station in Somerset.The agreement, which was reached with trade unions Unite and GMB, applies to electrical and mechanical workers.It confirms their pay and conditions of employment, including ...
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Imation UK completes DB pension buyout
Data storage and electronics organisation, Imation UK, has completed an insurance buyout of its defined benefit (DB) pension scheme.The transaction, which covers £21 million of liabilities, was carried out by the Pension Insurance Corporation (PIC). The trustees of the scheme were advised by JLT.John Beckett, regional finance and administration manager ...
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CIPP appoints head of pensions
The Chartered Institute of Payroll Professionals (CIPP) has appointed Andy Agathangelou (pictured) head of pensions.In the new role, he will provide CIPP members with support, solutions and services to help deliver payroll, pensions and reward.Agathangelou has 25 years’ experience in pensions, which includes a role in the launch of the ...
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44% of Britons are suffering from stress
Nearly half (44%) of respondents are currently suffering with stress, according to research by healthcare insurer Bupa.Its research, which surveyed more than 10,000 Britons, found that 28% have experienced stress for more than a year, and that 27% regularly feel close to breaking point.The research has been published to coincide ...
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Canada Life extends terms and conditions on group risk products
Canada Life has extended the terms and conditions on its group risk benefits that are connected to a pension scheme.The extension applies to all employers auto-enrolling employees before 31 December 2014.The provider’s terms and conditions had previously only applied to employers with 250 or more pay-as-you-earn (PAYE) employees.The terms include:No ...
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Norton Rose Fulbright appoints Vicky Rose
Global law firm Norton Rose Fulbright has appointed Vicky Rose rewards, pensions and mobility manager.She was previously associate director, compensation and benefits at Bank of Tokyo Mitsubishi.Her other previous roles in the industry include reward manager at both Inmarsat and at Cardif Pinnacle.
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Thomas Hiles: Which wellbeing initiative has the biggest impact on the workforce?
Health screening can be costly and is not always widespread in UK workplaces, sometimes restricted to senior employees. But where it can be extended it is, for me, the most valuable component of a wellbeing programme. This can also explain the cost, although in the flexible benefits world, it can ...
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Employers invest in healthcare and wellbeing benefits
Oxfam launched an employee assistance programme (EAP) for its 1,300 staff, as did 2 Sisters Food Group, which introduced the benefit to coincide with an online health assessment programme.Meanwhile, French kitchenware manufacturer Le Creuset now offers its UK staff an on-site gym run by Personal Touch Fitness.James Shillaker, chief executive ...
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Freshfields appoints Rachel Bern
Law firm Freshfields Bruckhaus Deringer has appointed Rachel Bern international compensation and benefits manager.Her previous roles include reward adviser in the international headquarters of NBC Universal, reward analyst at Rexam and reward assistant at the Coca-Cola Company.
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London living wage increased to £8.80
London Mayor Boris Johnson (pictured) has announced an increase in the London living wage from £8.55 to £8.80.More than 400 employers will celebrate their commitment to the living wage throughout Living Wage Week, between 4 and 8 November.Organisations, such as the National Portrait Gallery, Oxfam and Pearson, are among the ...
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Post Office calls off pay strike
Post Office employees have called off scheduled strike action over pay.The strike, scheduled for 4 November, was called off following a letter from Paula Vennells, chief executive officer of the Post Office.Post Office employees have not received a pay rise since April 2011 as a result of an organisation-wide pay ...
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12,592 university staff paid less than living wage
Almost 13,000 university employees are paid less than the living wage, according to research by trade unions Unison and the National Union of Students (NUS).The research, which looked at universities across England, Scotland, Wales and Northern Ireland, found that the median lowest wage for UK university staff is £7.39, less ...
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Young women caught in low-pay cycle
The proportion of young women working in low-paid jobs has trebled over the past 20 years, according to research by The Work Foundation and commissioned by the Trades Union Congress (TUC).The gender jobs split research found that, between 1993 and 2011, the share of females between the ages of 16 ...
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Challenges around auto-enrolment postponement
The move flagged up some small print in the auto-enrolment legislation, which states employers must offer eligible employees the ability to auto-enrol into a qualifying pension scheme on their official staging date, regardless of whether or not they postpone the auto-enrolment process.The Pensions Regulator (TPR) states in its guidance: “If ...