All Article articles – Page 677
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Thomson Reuters launches global HR and payroll system
Thomson Reuters has launched an HR management and payroll system for 60,000 employees across 100 countries.The system, provided by Workday, has replaced the media and information firm’s in-house system.Thomson Reuters was involved in shaping several of the product’s applications in collaboration with its new provider, including talent management and time ...
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TPR publishes report on public sector pensions
The Pensions Regulator (TPR) has published information and research on current practice in eight categories of public sector pension schemes, ahead of it taking on an expanded role regulating standards of governance and administration for these schemes.From April 2015, TPR will set standards of governance and administration in the local ...
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NHS staff want improved benefits communications
Almost half (44%) of respondents felt that employee benefits communications in the NHS need to be improved, according to research by The Voucher Shop.Its 2013 NHS Employee survey, which was completed by 2,185 NHS staff across the UK, found that only 3% of respondents said benefits communications was excellent.The research ...
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Nelu Abeygunasekera: Should zero-hours contracts include minimum benefits provision?
Don’t be fooled, just because an arrangement is referred to as a zero-hours contract, it does not necessarily mean this is the case.Under a zero-hours contract, the employer is not obliged to provide a minimum amount of work and the worker is under no obligation to accept work that is ...
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Transport for London promotes Stephen Field
Transport for London (TFL) has promoted Stephen Field to director of pensions and reward.He had previously held the role of head of reward and pensions at TFL since January 2008.Field’s other previous roles in reward include group pensions manager at the Automobile Association, pensions manager at Centrica and pensions administration ...
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Penguin Random House promotes Neil Morrison
Penguin Random House has appointed Neil Morrison group HR director for its UK and international operations following the merger of Penguin and Random House Group in July.He had been group HR director at the Random House Group since September 2008.Morrison’s previous roles include HR manager at Home Retail Group and ...
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Interview with Karen Gaynor, head of reward, Siemens UK and north-west Europe
Her previous roles have been in HR operations, but she moved to reward in 2009. “I was interested in, and got offered the opportunity, of head of reward after having done quite a lot of reward work in one of my business partner roles,” says Gaynor.“It was different, but I ...
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Total assets of global pensions up by 10%
The total assets of the world’s largest 300 pension schemes grew by almost 10% in 2012, compared to around 2% in 2011, to reach USD $14 trillion, according to research by Towers Watson and US investment newspaper Pensions and Investments (P&I).The P&I/Towers Watson global 300 research found that, by region, ...
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Article22% of employers to continue running DB pension
More than one-fifth (22%) of respondents that offer a defined benefit [DB] pension plan will continue to offer it as a fully-functional scheme in the next two years, according to Employee Benefits/Capita Pensions Research 2013.But 15% of respondents with a DB scheme plan to review their plan’s future and 8% ...
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HR4UK launches tax-paid reward scheme
HR4UK has introduced a tax and national insurance-paid employee reward scheme to its Employment Handbook system.The Rewards voucher cheque scheme is designed to enable employers to provide their staff with motivational incentives with the basic rate tax already paid, removing the typical associated paperwork or follow-on tax bill, plus the ...
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Supercalifragilisticexpialidocious
Something for the weekend…Is it a bird? Is it a plane? No…it’s a nanny.Etihad Airways has launched an in-flight flying nanny childcare assistance programme for families.The airline has partnered with Norland College, a training centre for nannies worldwide, to deliver a specialist childcare training programme for 500 cabin crew.The flying ...
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Top 10 most read stories this week
Employers will still be involved in childcare voucher provisionThe impact of social trends on flexible benefits plansEmployers fail to survey pension communication preferencesMost employers plan to auto-enrol all staff into same schemeHotel chain completes £440m pension buy-outShares for rights scheme comes into forceHertfordshire Council to launch benefits portalTUC lodges agency ...
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Government announces TUPE change proposal
The government has announced proposed changes to the Transfer of Undertakings (Protection of Employment) Regulations (TUPE) rules.The move comes in response to a consultation on TUPE regulations earlier this year.The government has confirmed that:Employers will be able to renegotiate terms and conditions provided for in collective agreements one year after ...
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1.4m more employees earn below the living wage
The number of people who earn below the living wage has risen by 14%, from 3.4 million in 2009 to 4.8 million, according to a new report by the Resolution Foundation.The Low Pay Britain 2013 report, which is based on official statistics and analysis, also revealed that:The living wage was ...
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Friends Life launches social network tool
Friends Life has launched a social network employee benefits tool.Called E-community, the new interactive online employee benefits portal has been designed to create an e-community for employees enrolled in a Friends Life pension scheme, to enable them to gain a better understanding of their retirement savings options, as well as ...
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ArticleMost employers plan to auto-enrol all staff into same scheme
One in 10 employers that have auto-enrolled staff used different pension plans for executives and the rest of the workforce, according to the Employee Benefits/Capita Pensions Research 2013.But the research, which surveyed 370 HR and benefits managers, found that the vast majority of employers that have gone through, or still ...
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Hertfordshire Council to launch benefits portal
Exclusive: Hertfordshire County Council is to move its benefits offering onto an online portal on 9 September 2013.The move is part of a re-branding exercise designed to make its benefits package more accessible to all employees.The Herts Rewards scheme, provided by Asperity Employee Benefits, will initially be available through the ...
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Employee benefits consultants not always offered perks
More than a third (35%) of employee benefit consultants are not offered an employee benefits package by their own employers, according to research by MetLife Employee Benefits.Its research, which surveyed 121 benefits consultants in January 2013 also found that 33% of respondents are offered employee benefits in addition to an ...
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Kodak pension plan finalises acquisitions
The UK Kodak Pension Plan (KPP) has completed its acquisition of the Kodak Personalised Imaging and Document Imaging businesses.KPP acquired the organisations from Eastman Kodak Company and subsequently created a new organisation, Kodak Alaris.The new company will focus on strategic, ongoing investments for these organisations.The move follows KPP filing the ...
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Private sector pay sees bonus bump
The report said: “It is plausible that the underlying private sector pay growth has remained close to 1% since the start of the year.”The MPC expected any increases during the rest of 2013 to be down to deferred bonuses.This data was reflected in a separate report by the Office for ...