All Article articles – Page 694
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Bausch and Lomb hosts wellness day
Bausch and Lomb hosted its first in-house wellness day to promote healthy lifestyle behaviours among its 120 staff.The global eyecare organisation held a series of health promotions and interactive activities at its UK headquarters in Kingston-upon-Thames.The wellness event included a health-check kiosk where employees could test their body mass index, ...
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European Parliament votes down bonus cap for fund managers
The European Parliament has voted down the proposal to include a bonus cap of 100% of salary for fund managers.The prospective cap was intended to follow reward limitations placed on bankers by the Parliament earlier in 2013.However, Members of European Parliament (MEPs) decided against passing the measure in the Undertakings ...
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Payroll giving donations increase by £6m
Donations to charity directly from pay have risen by £6 million to £124 million since 2012, according to figures from HM Revenue and Customs.The figures also show that the number of staff using a payroll-giving scheme has reached a four-year high at 750,000.Meanwhile, average donations have risen by 40p per ...
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PWC launches DB pensions risk analytics product
PricewaterhouseCoopers (PWC) has launched a pensions risk analytics product that allows employers and trustees to manage, monitor and take decisions about their defined benefit (DB) pension issues.Its Skyval product models pension scheme assets and liabilities accurately and in real time.It has been developed in conjunction with financial technology organisation PensionsFirst ...
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BGL Group re-launches free health checks for UK staff
Insurer BGL Group has re-launched free health checks for employees across its UK sites.The ‘Know your numbers’ annual review monitors important health indicators, including height, weight and body mass index (BMI) to body fat percentage, waist size, blood pressure, blood glucose and total cholesterol. More than 650 employees booked a ...
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Bupa launches dental care for SMEs
Bupa has extended its dental care product to small and medium-sized enterprises (SMEs).The Bupa Dental Health Plan, which provides cover for treatment at Bupa dental centres, offers employees routine dental care, including check-ups, scale and polish appointments, and any necessary x-rays.The plan also provides:A 20% discount on general dental treatment ...
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Police pensions could be cut for misconduct
Police officers who commit serious misconduct should have their pensions cut, according to a group of MPs.The Home Affairs Select Committee has called for the College of Policing to establish a scale of fines, which could be docked from officers’ pensions in cases of the most grave misconduct.Its Leadership and ...
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Royal Mail pay proposals rejected
Postal unions have rejected a 8.6% pay rise over three years for 125,000 Royal Mail employees.The Communication Workers Union (CWU) rejected the organisation’s proposals on pay and conditions for a number of reasons. It felt:The pay element in isolation does not meet with the terms of CWU policy for an ...
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British employees happy with work-life balance
Almost two-thirds (59%) of respondents are happy with their work-life balance, according to research by recruitment firm Randstad UK.The Randstad work-life balance survey, which questioned 2,000 employees, found that those in the south-east of England, Yorkshire and the Humber are most happy with their work-life balance, with 64% saying they ...
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Employers should do more around charity work
Just under half (43%) of respondents felt their employer should be doing more to help charities in their local community, according to research by fundraising platform Give as you Live.Its Donor survey, which questioned more than 1,000 UK workers, found that 52% of respondents said their organisation does not have ...
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New group risk website looks to provide added value
A group risk website has been launched as a conduit between intermediaries and insurers in the industry.The Group Risk Connect site, which launched on 1 July, has partnered five group risk insurers: Friends Life, Generali, Legal and General, Omnilife and Zurich Life.The website is designed to help educate users and ...
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SMEs are not prepared for auto-enrolment
Nearly two-thirds (60%) of small and medium-sized enterprises (SMEs) surveyed have not budgeted for the additional costs that can be incurred as a result of pensions auto-enrolment, according to research by law firm Irwin Mitchell.Its research, which questioned 257 SMEs, found that nearly 40% of respondents said their payroll system ...
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Bonuses for managers up in 2013
Bonuses paid to managers in the first months of 2013 comprised around 30% of salary, compared to 21% of salary during the corresponding period in 2012, according to research by Incomes Data Services (IDS).However, its Executive compensation review found, however, that there is a divergence between the increases in bonuses ...
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UK salaries dip to November 2012 levels
Salaries in the UK dipped last month to levels last seen in November 2012, according to research by recruitment website Reed.co.uk.The Reed salary index tracks the number of job opportunities and the salaries on offer compared to the previous month and against a baseline of 100 set according to the ...
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Withers raises pensions take up
EXCLUSIVE: Global law firm Withers has increased its pensions take up after introducing an online flexible benefits plan and re-branding the benefits offering for its 370 UK employees in April.Membership of its group personal pension (GPP) scheme has increased to 85%, from 265 members in December 2012 to 308 members ...
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ArticlePension saving plummets to record low
The proportion of UK employees who are active members of a workplace pension scheme has plummeted to a record low of 46%.This is the lowest level since records began in 1997, according to research by the Office for National Statistics (ONS).The ONS’s Annual survey of hours and earnings research also ...
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Trust is key to wellbeing and performance in workplace
Trust in the workplace is the key to the wellbeing of employees and the performance of an organisation, according to a report by Working Families and Unum.The report, Trust: the key to building wellbeing and performance in the workplace, which was prepared by charity Working Families and independent consultant Susanne ...
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HCML launches mental health intervention product
Rehabilitation and case management provider Health and Case Management (HCML) has launched a professional case management product to combat workplace absence and reduced productivity caused by mental health issues.It’s The Time To Talk service aims to manage employees’ recovery with intensive intervention to help them stay at, or return to, ...
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Your Housing Group launches salary sacrifice car scheme
Your Housing Group has introduced a salary sacrifice car scheme for all of its permanent employees.The tax-efficient scheme, provided by Lex Autolease, gives the social housing association’s employees the opportunity to add up to two additional drivers to the scheme.The monthly cost covers all normal running costs, such as insurance, ...
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William Grant funds pay rises with PMI savings
EXCLUSIVE: William Grant and Sons has switched providers of its private medical insurance (PMI) scheme and made adjustments to the new scheme to produce cost savings which it will use to give higher pay rises to its UK staff.The whisky distiller chose to enter into a tender process to switch ...