All Article articles – Page 690
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Support for performance-related pay for teachers
Almost two-thirds (61%) of respondents support the government’s plans to introduce performance-related pay for teachers, according to research by Populus.Its research, which questioned 1,723 people, found that only a quarter (28%) of respondents believe that two teachers in the same job with the same length of service should always receive ...
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2.3m pension members in schemes with poor data
More than two million (2.3) pension members remain in schemes where the common data standards are not measured or significant improvements are needed to meet a level of at least 95% of present accurate data, according to research by The Pensions Regulator (TPR).Its Scheme record-keeping report, which looked at a ...
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Fire authority to launch new HR and payroll system
Merseyside Fire and Rescue Service has signed a five-year deal to have its HR, payroll, finance and procurement systems hosted and delivered by managed services provider Advanced 365.The finance and procurement applications will go live in August, followed by HR and payroll in the following months.The new contract will include ...
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ArticleUS pay budgets remain static
North American employers expect to work with the same pay budgets for increases (around 3%) as 2012, according to research by Kenexa.Its 2013 Compensation outlook survey, which questioned 1,497 organisations in the US and Canada, found that 17% of respondents have budgeted more than 10% of payroll for variable pay, ...
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Recession has stopped Britain from saving
More than a quarter (28%) of respondents stopped saving in light of the recession and have not saved since, according to research by Now: Pensions.The survey, which was conducted by OnePoll and questioned 2,000 people, found that a quarter (25%) blame frozen wages and rising bills for their lack of ...
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Network Rail incentive plan approved
Network Rail has approved a new long-term inventive plan (L-tip) for executive directors at its annual general meeting.The majority (86%) of members, the organisation’s equivalent of shareholders whose job it is to hold the board to account, approved the new plan on 18 July.The L-tip will recognise outstanding and exceptional ...
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3i Group to reverse bonus plans
Private equity organisation 3i Group, which owns organisations such as fashion retailer Hobbs, has proposed to change its executive director’s pay policy following shareholder discontent.It made the move following a revolt by concerned shareholders held at 3i Group’s annual general meeting (AGM) after it announced it intended to change the ...
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Pension engagement linked to communication
The investment employers make in communicating pension schemes to their employees has a direct effect on their attitude towards a pension and contribution levels regardless of their salary, according to research conducted by London School of Economics (LSE) and commissioned by Thomsons Online Benefits.The impact of a total reward approach ...
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Edenred to launch mobile discounts scheme
Edenred is to launch a mobile employee discounts scheme, which will allow users to find discounts on the move via their smartphones and tablets.The new scheme will work through a mobile website, which will allow employees to check for discounts when they are out and about. It features a location-based ...
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Top discussions from the Employee Benefits LinkedIn group
Labels such as ‘generation Y’ are too simplistic to work out how best to communicate, and therefore engage, with people.However, there is growing evidence to suggest the increasing proliferation of smartphones is facilitating how all ages (and generations) communicate.Indeed, I would argue that there is growing expectation from all ‘groups’ ...
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Buyer's guide to off-the-shelf voluntary benefits packages
Even though they offer less choice than a bespoke package, they can include the most popular voluntary benefits, helping staff to make considerable savings.Advances in technology have enabled benefits such as childcare vouchers, bikes for work, computers, mobile phones and health cash plans to be bundled onto a single platform ...
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Sports Direct staff to receive shares payout
More than 2,000 Sports Direct employees are in line for bonuses worth more than £70,000 in August.Its Preliminary report 2013 disclosed that the retailer’s 2009 bonus share scheme will mature in August 2013.It will award these employees a payout worth 75% of their salary in shares priced at £1.25.It is ...
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Propellernet rewards staff with dream scheme
EXCLUSIVE: Propellernet has introduced a staff motivation scheme to help employees achieve their dreams.The scheme, Dream Balls, is about ensuring the social media organisation’s 42 employees share in its collective success.Nikki Gatenby (pictured), managing director at Propellernet, said: “Our whole ethos, our whole reason for being, is enjoying the workplace. ...
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A million UK workers now auto-enrolled
The millionth UK employee has been auto-enrolled into a workplace pension scheme.The landmark figure is included in the monthly auto-enrolment registration report published by The Pensions Regulator.The Travis Perkins Group was among the employers that registered when the one million-employee mark was reached. The builders merchants has automatically enrolled around ...
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CJEU rules on collectively agreed pay rises
The European Court of Justice (CJEU) has ruled that collectively agreed pay rises should not survive Transfer of Undertakings (Protection of Employment) (Tupe) regulations.The decision in the case of Parkwood Leisure v Alemo-Herron brings an end to nearly three years of legal wranglings.The court ruled in favour of the employer ...
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Ageing population will cost the UK
The UK’s public finances will come under pressure in the long term as a result of an ageing population, according to a report by the Office of Budget Responsibility (OBR).Its Fiscal sustainability report 2013, which draws on the 2011-2012 Whole government accounts, projected that the government would end up having ...
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Negotiations of the naughty kind
Something for the weekend …You should never mix business with pleasure, or so the saying goes. But a new book flies in the face of that conventional wisdom.The Kama Sutra of work: Why work is the new sex and how to make sure you’re getting enough, authored by Avril Millar, ...
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Asda awards staff for long service
More than 1,000 Asda employees have been awarded for a combined 47,135 years of service at the supermarket chain’s Big Anniversary event on 16 July.Its annual long-service celebration, which is in its 13th year, recognises staff who have 25, 30, 40 and 45 years of service with the organisation.The long-serving ...
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HSBC closes workplace pensions division
HSBC has confirmed the withdrawal of its adviser-facing Workplace Retirement Services proposition less than three years after its launch.As reported on 17 July in Employee Benefits’ sister publication, Money Marketing, the global bank will no longer look to distribute corporate pensions through intermediaries.HSBC Workplace Retirement Services was launched in November ...
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BGL Group hosts benefits fairs
BGL Group has hosted its annual benefits fairs.Almost 400 employees attended the fairs, which were held across the insurance firm’s sites.At the fairs, employees could access information about their benefits package and providers, including Bupa, Marriott Leisure and Virgin Active. They could also participate in development workshops, which were hosted ...