All Article articles – Page 661
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Plenty of buzz at Employee Benefits Live 2013
Celebrating its 15th year, the largest reward and benefits event in Europe saw a 6% increase in the number of attendees.Professionals came together to network, share ideas, benchmark suppliers, gain advice from experts and attend conference sessions.More than 100 exhibitors, some of which were new to this year’s event, showcased ...
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Confessions of a benefits manager: Rebranding benefits
Well, as part of the project, Big Bad Boss has been asked to look at the HR stuff on the ‘Wonders of Working Here’ page. Apparently we don’t sufficiently promote the benefits of selling your soul to a US company that expects you to forfeit in blood for a measly ...
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Anthony York: How can employers offer benefits to suit all generations of employees?
Can employers offer benefits to suit all generations of employees? Yes. How? It depends …It usually isn’t possible to keep everyone happy all of the time. But a strategic view of requirements, openness to new ideas and (of course) a willingness to invest will get you a lot closer to ...
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Debbie Lovewell: Rethink motivation approach
Last month, the Global employee engagement trends report 2013, by management consultancy Hay Group, found that, in the UK, almost half (44%) of employees included in its sample do not believe their employer plays its part in motivating them. Also, 41% said conditions in their job do not allow them ...
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European Global Mobility Summit and Emmas to take place on 8 November in London
The European Global Mobility Summit is where practitioners in this area come together to discuss and discover new opportunities in the ever-evolving expatriate management industry.At the conference at the Lancaster London Hotel, leading speakers will share practical information and insights into the most important issues in global mobility. Alongside this, ...
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Premier Foods closes DB pension
Premier Foods has closed its defined benefit (DB) pension scheme to future accrual.The closure, which was disclosed in the food manufacturer’s Interim management statement for the three months ending 30 September 2013, took place at the end of September to enable to organisation to better control its pension costs.The 3,800 ...
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Firefighters to strike again over pensions
Firefighters across England and Wales are set to strike on 1 and 4 November over the government’s reforms to their pension scheme.The proposed pension changes, which were set out in the Public Service Pensions Bill 2013, include a move to career-average pension schemes, instead of final salary schemes, and a ...
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Severn Trent Water outsources payroll admin for RTI and auto-enrolment
Severn Trent Water has appointed MidlandHR to provide payroll administration for real-time information (RTI) reporting and auto-enrolment.The contract, which will be in place for the next seven years, aims to provide payroll support through organisational and legislative change.MidlandHR, which has worked with the utilities organisation for 10 years, has already ...
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Eskom Pension Fund appoints DB pension administrator
The Eskom Pension and Provident Fund (EPPF) has appointed international fiduciary and funds services group Maitland to provide investment administration and management.The EPPF is one of the largest defined benefit (DB) pension schemes in South Africa. It manages more than R96 billion (£5.9 billion) on behalf of 88,000 members.A portion ...
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Schoolboy lands dream theme park job
Something for the weekend…A lucky schoolboy has landed every child’s dream job after beating 300 other hopefuls in a competition. Adam Willsher, 11, had the luxury of Paultons Park all to himself as he took on the role of official ride tester, no doubt making his friends very jealous.The benefits ...
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Top 10 most read stories of the week
The top 10 most visited articles on employeebenefits.co.uk during 24-31 October:1. Innocent Drinks staff share £19m bonus payout2. 48% feel stressed at work3. How to develop a career in employee benefits4. DWP consults on pension charges5. Enhanced redundancy payments for older workers not discriminatory6. Barclays launches new benefits website7. Mitie ...
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Universal Provident to withdraw hybrid health plan
Universal Provident is to withdraw its hybrid health plan from the market.The Oasis Plan, which included a £15,000 lump-sum serious illness benefit, major medical expenses and a hospital plan component, was a hybrid health cash plan and private medical insurance (PMI) scheme.Dale Tranter (pictured), assistant group manager at Universal Provident, ...
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ArticleGuaranteed pensions would see higher staff take up
Six out of 10 respondents said there would be a significant difference in the number of employees who would consider joining, or staying in, a defined contribution (DC) pension scheme or who would pay higher contributions if the qualifying default fund secured a guaranteed pension income building up year on ...
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Government outlines new shared parental leave system
The government has outlined how its new system of shared parental leave will work for employees and employers when it comes into force in April 2015.A government consultation, which opened in February 2013 and closed in May, looked at how the new system will work and fit together with current ...
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Pension funds are unaccountable to savers
Pension funds are unaccountable to the savers whose money they invest, according to a report by ShareAction, the public campaign for the ethical investment of UK pension funds. Its Our money, our business report found that, although company directors are increasingly expected to be accountable to their shareholders, shareholders themselves, ...
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UK ranks last in Europe for well-paid parental leave
The UK ranks last in Europe for providing working parents with well-paid leave following the birth of a child, according to research by Trades Union Congress (TUC).The research, which was published to coincide with the Children and Families Bill beginning its committee stage in the House of Lords on 19 ...
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ArticleYoung employees lack opportunities to save
Two-thirds of young employees, who are ready to save for retirement, lack the opportunities to do so, according to research by Aegon UK.Its Changing face of retirement: the young, pragmatic and penniless generation survey, which had 10,800 global respondents, including 2,722 employees between the ages of 20 and 29, found ...
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Standard Life moves wealth division into investments
Standard Life Wealth is to move within the Standard Life group to its global fund manager Standard Life Investments with effect from 1 January 2014.Richard Charnock, chief executive officer of Standard Life Wealth, who will report to Keith Skeoch, chief executive officer of Standard Life Investments, will be appointed to ...
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EHRC to investigate maternity discrimination
The Equality and Human Rights Commission (EHRC) is to undertake a comprehensive research project into the scale of pregnancy and maternity discrimination in the workplace.The EHRC has launched the project due to anecdotal evidence that suggests some pregnant women experience discrimination while on maternity leave or on their return to ...
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Standard Life Investments to launch new default fund
Standard Life Investments is to launch a new default fund for defined contribution (DC) pension scheme members.The Enhanced-Diversification Growth Fund (EDGF) is a lower volatility diversified growth fund, which is designed to generate equity-like returns with lower volatility than investing in equity markets.The fund, which will be launched in the ...