All Article articles – Page 666
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Retail staff most likely to pull a ‘sickie’
Employees in the retail sector are the most likely to pull a ‘sickie’, according to research by Vouchercloud.com.Its research, which polled 1,921 UK-based employees, found that the most reliable employees work in health, education and agriculture.Just under a third (29%) of respondents said they were always genuinely ill when they ...
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Holiday like your colleague
Something for the weekend…As it becomes wet, windy and cold here in the UK, employees’ thoughts may well turn to sunnier climes and where they would like to go in their next holiday. But according to research by online travel agency Sunshine.co.uk, which asked 1,892 employees for their top choice ...
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DOD’s blog: Time to stop screaming about an auto-enrolment crunch
This week I have been talking pensions, largely of the auto-enrolment variety, up at the National Association of Pension Funds’ annual conference in Manchester.What has been great is the positive attitude to how well auto-enrolment has gone to date.But with typical British cynacism, pensions experts are wary as to how ...
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The top 10 most read stories this week
1. Government announces auto-enrolment changes2. Absence could be cut by over a third3. Shell staff most active in Europe4. Ceridian launches auto-enrolment product for SMEs5. New financial education provider to launch6. Sickness absence levels up slightly7. Oscar Mayer launches online benefits portal8. Kodak Pension Plan to set up new DB ...
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Prince of Wales calls on pensions industry to invest responsibly
HRH The Prince of Wales has called on the pensions industry to help tackle the world’s increasing social, environmental and economic risks by investing in corporate and socially-responsible employers.In a pre-recorded speech played during the opening of the National Association of Pension Funds’ Annual conference and exhibition 2013 on 16 ...
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Employers switching pensions drive down costs
Large employers switching pension schemes have been key drivers in the reduction of annual management charges (AMCs) on pensions schemes.However just 3.6% of employers have switched schemes according to the Office of Fair Trading (OFT).Speaking at the National Association of Pension Funds (NAPF) Annual Conference in Manchester, Ed Smith, a ...
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Interface Europe changes DB pension adviser
Carpet tile manufacturer Interface Europe has appointed KPMG to provide a range of trustee services for its defined benefit (DB) pension scheme.These include actuarial and investment consulting, as well as administration and payroll services.The scheme, which is closed to future accrual, has around £100 million of assets and 1,400 members.Simon ...
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Teachers strike over pay and pension changes
Thousands of teachers are striking across the UK on 17 October in a row over pay, pensions and working conditions.The industrial action, organised by the National Association of Schoolmasters Union of Women Teachers (NASUWT) and the National Union of Teachers (NUT), is being staged in the north-east, south-west, south-east and ...
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NAPF calls for single workplace pension scheme regulator
The creation of a single regulator for the occupational pensions market is both inevitable and necessary, according to the outgoing chairman of the National Association of Pensions Funds (NAPF), Mark Hyde Harrison.As part of his welcome speech at the NAPF Conference and Exhibition 2013, he said that the pensions industry’s ...
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48% will stay in pension post-auto-enrolment
Almost half (48%) of respondents will remain in their employer’s pension scheme once they have been auto-enrolled, according to research by information specialist EDM Group.Its research, which surveyed 1,586 employees, found that less than a quarter (23%) have either immediately opted out of their employer’s pension scheme post-auto-enrolment or plan ...
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UnitedHealth Group rolls out global benefits portal
UnitedHealth Group has launched an online platform to manage and communicate benefits to its employees based in the UK and the Philippines.The US healthcare group, which employs 133,000 staff worldwide, will use the Darwin platform, administered by Thomsons Online Benefits, to streamline benefits administration, governance and compliance across several regions.The ...
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Pay rises higher in private sector
Average weekly earnings for the private sector increased by 1.1% year on year, while average weekly earnings for the public sector fell by 0.5%, when comparing June to August 2013 with the same period in 2012, according to the latest figures by the Office for National Statistics (ONS).The Labour market ...
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Oscar Mayer launches online benefits portal
EXCLUSIVE: Oscar Mayer has launched an online benefits portal for employees to access all of their core and voluntary benefits in one place.The food production organisation consulted with its 1,600 employees and learned they wanted a package that contained all their core benefits, such as healthcare and legal advice, alongside ...
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Shell staff most active in Europe
Shell has been named the most active organisation in Europe by the Global Corporate Challenge (GCC).The global oil and petrochemical company was chosen because nearly 14,000 employees across 34 countries took part in the 2013 GCC, an addition of 12 countries on its participation in 2013.The Global Corporate Challenge is ...
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Confidence in pensions rises to 59%
Confidence in pensions among employees has risen in the past 12 months, according to research by the National Association of Pension Funds (NAPF).Its Workplace pensions survey, which measures employees’ perspectives on workplace pension savings and their preparations for retirement, found that confidence, particularly among staff already saving into a pension ...
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Duncan Brown: Executive pay in overseas aid charities
The TUC has a clear point of view on ‘excessive’ executive remuneration. In keeping with many working in HR, I agree with much of the press criticism and support the measures now being taken: the compulsory shareholder vote, clearer communications of the total value of packages, and so on.But the ...
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Direct Line Group appoints George Makris
He was previously senior manager, executive remuneration at Deloitte.Makris had previously worked at Hay Group in a range of consultant roles, including senior consultant, executive remuneration and benefits.He also spent a year as corporate governance analyst at ISS and research analyst at Manifest.
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Interview with Debi Povey, head of reward, Bwin.Party
While she was collating a series of job descriptions during an HR restructure, she caught sight of a description for a reward analyst’s job and decided to apply for it.“They didn’t offer me the job, but I started working as a PA for the head of compensation and benefits with ...
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Government announces auto-enrolment changes
The Department for Work and Pensions has announced new changes to auto-enrolment legislation, which are aimed at making it easier for future tranches of employers to enrol their employees into a pension scheme.The government received 112 responses to its consultation launched in September 2012 and has now finalised amendments to ...
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East Coast Mainline launches phone scheme
EXCLUSIVE: East Coast Mainline has launched a smartphone and computer scheme for its 3,000 UK employees.Since its launch in mid-September, 550 staff have taken up the offer. John Hayhurst, head of HR at East Coast Mainline, said: “It has been a real surprise. We knew it was going to be ...