All Article articles – Page 708
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Employee engagement on the rise across Europe
Employee engagement levels in Europe rose to 57% in 2012, up from 52% in 2011 and 51% in 2010, according to research by Aon Hewitt.Its Global engagement trends report, which surveyed more than 3,500 organisations, representing more than 3.8 million employees, found that the top five drivers of engagement for ...
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Presenteeism fuelling stress in the workplace
Nearly two-thirds (62%) of respondents have attended work while ill in the past three months, according to research by Robertson Cooper.Despite this, its research, from a dataset of more than 54,000 employees, found that UK workplaces do not seem to be recognising or managing this issue.The research, which was last ...
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Resource launched to support ageing workforce
The Age Action Alliance’s Healthy Workplaces Group has launched an employer resource to support a healthy and productive ageing workforce.It includes top tips, easy-to-use resources, and practical information and advice for all sizes of organisations.Denise Keating, chief executive of Employers Network for Equality and Inclusion (Enei) and chair of the ...
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Confessions of a benefits manager: Fund of knowledge
I thought I had escaped being a trustee of the pension plan. Recently, Numbers Norman has taken care of all that tedium, but he is on very long jury service and, given my past experience, they want me to take his place.Sigh. Well, I know pensions are a key part ...
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EBA consults on bankers' bonuses
The European Banking Authority (EBA) has launched a consultation on the technical standards of its bankers’ bonus cap legislation.The EBA’s draft Regulatory Technical Standards, which are intended to help identify material risk takers who will be subject to specific provisions of the capital requirements directive, will apply the bonus cap ...
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Sanctuary Group staff take part in volunteering day
Sanctuary Group staff collectively donated around 85 hours to volunteering on national Give and Gain Day on 17 May.Employees from the housing and care provider took part in a variety of projects, including: repainting a community centre on the Kingsmead Estate in Hackney, London; transforming green areas around the Shiregreen ...
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ArticleMost government departments have low payroll-giving take up
Eight out of 15 government departments have less than a 6% take up if in payroll giving among staff, according to research by the Geared for Giving Campaign.The findings, which were obtained via Freedom of Information requests, found that the highest level of payroll giving can be seen in the ...
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Nest launches auto-enrolment video
The National Employment Savings Trust (Nest) has launched a video to help employees through the auto-enrolment process.Its Going halves video, which aims to help employees understand the importance of employer contributions, went live on Nest’s social media channels on 22 May.The video focuses on a day in the life of ...
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Britain’s employees feel more stressed at work
Britain’s employees are feeling more insecure and pressured at work than at any other time in the past 20 years, according to research by the Institute of Education (IOE) and funded by the Economic and Social Research Council (ESRC) and the UK Commission for Employment and Skills (UKCES).The 2012 Skills ...
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Barnett Waddingham appoints Damian Stancombe
Pensions consultant Barnett Waddingham has appointed Damian Stancombe (pictured) as a partner in its employee benefits and defined contribution (DC) team.With 20 years’ experience in the pensions and benefits industry, Stancombe was previously at Punter Southall Group.Over 12 years, he held the roles of head of corporate DC and director ...
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Axa PPP launches healthcare master trust
Axa PPP has launched a healthcare master trust for organisations with a minimum medical benefit spend of around £200,000 a year.The master trust has been supported by external legal advice from Pinsent Masons.Features of the master trust include:Flexible benefit design.Tax efficiency.Flexibility and certainty of financial liability.Reduced administrative burden.James Freeston, sales ...
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BA and BSkyB shortlisted for voluntary perks
British Airways and BSkyB are among the employers shortlisted for the accolade ‘Best voluntary benefits plan’ at the Employee Benefits Awards 2013.For this category, the judges were looking for a plan that used staff-paid, voluntary benefits or staff discounts in an effective manner.The full category shortlist is: Birmingham City Council ...
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NSPCC completes pension buy-in
The National Society for the Prevention of Cruelty to Children (NSPCC) has completed a pension insurance buy-in for its defined benefit (DB) pension scheme.The buy-in, which covers £63 million of pensioner liabilities, was concluded with Pension Insurance Corporation (PIC).The transaction also allows the trustees to defer meeting the cost of ...
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Employers plan pay freeze for graduates
Nearly three-quarters (72%) of respondents plan to freeze starting salaries for graduates over the next year, according to research by Incomes Data Services (IDS).Its annual Pay and progression for graduates 2013 report, which surveyed 93 large organisations, also found that with inflation running at 2.8%, the pay freeze equates to ...
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Wellbeing4Business launches workplace wellbeing challenge
Wellbeing4Business has launched an online team challenges programme to promote health and wellbeing in the workplace.The Healthy Teams programme, which is available for employers of all sizes, provides access to a web portal that enables them to run team-based wellbeing challenges for staff.Each challenge lasts for four weeks, during which ...
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Boots and Waitrose support staff volunteering
Boots, British Gas, Lloyds Banking Group, Prudential and Waitrose are among the employers supporting Give and Gain Day by offering employees the opportunity to volunteer.Give and Gain Day, on 17 May, will see more than 11,000 UK employees volunteer in their local communities.The day is part of Business in the ...
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Cycling to work saves more than 100,000 tonnes of CO2 a year
More than 100,000 tonnes of carbon dioxide (CO2) have been saved every year through employees cycling to work, according to research by the Cycle to Work Alliance.Its Green way to work report, which surveyed 18,500 employees who use a bikes-for-work scheme, found that respondents save 112,210 tonnes of CO2 in ...
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JLT to re-launch lifetime allowance audit service
JLT Wealth Management is to re-launch its lifetime allowance audit service.This follows the reduction of the lifetime allowance, announced by Chancellor George Osborne in the Autumn Statement in December 2012, which is due to take effect from April 2014.The objectives of the lifetime allowance audit are:To establish a precise valuation ...
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Pig protest over parliamentary pay
One cannot fault Kenyan protestors for having a lack of imagination when it comes to railing against fat-cat pay demands – or should that be ‘greedy pig’ demands.Earlier this week protesters released a pig and about a dozen piglets outside parliament to show their anger at newly-elected MPs demanding higher ...
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DOD’s blog: Work really is good for us
As I returned to work after a lovely couple of weeks’ holiday over in the USA it was hard to remind myself that work is truly good for us (and not only as a means to fund holidays abroad).A report out on Wednesday by the Institute of Economic Affairs (IEA), ...