All Article articles – Page 764
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Google boss shows off dance moves
And now something for the weekend…Staff engagement and motivation are important in all offices around the world to get the best out of a workforce.But is a bit of office dancing the way to do it? Google certainly thinks so.Eric Schmidt, executive chairman at Google, joined staff members in Google’s ...
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JLT Group acquires Alexander Forbes
JLT Group has acquired Alexander Forbes Consultants and Actuaries for a cash consideration of £17 million, subject to regulatory approval.The employee benefits firm, part of the Alexander Forbes Group, will become part of JLT Group’s employee benefits business.Alexander Forbes Consultants and Actuaries employs more than 300 people in the UK ...
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CIPP award winners announced
HMV and Oxford City Council were among the winners of the Chartered Institute of Payroll Professionals (CIPP) ninth annual Payroll and Pensions Excellence Awards.The awards took place on 4 October at the Celtic Manor Resort in Wales.The winners included:Team of the year – Oxford City Council.Effective use of a payslip ...
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UK in 12-year wage dive
UK employees will have to wait another nine years to get back to the level of income they enjoyed in 2009, during which time they will have lost an average of £8,500 in real-term wage losses, according to research by the Trades Union Congress (TUC).The research, which tracked wage and ...
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Farrer and Co hosts wellness week
EXCLUSIVE: Law firm Farrer and Co hosted its first wellness week to coincide with National Work-Life week on 24-28 September.It rolled out a full week of activities and events for its 390 staff, including: health and wellbeing assessment by a fitness consultant, lunch-and-learn sessions, onsite Zumba classes, and webinars offered ...
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AWR have increased admin costs
A year on from their introduction, the Agency Workers Regulations (AWR) are thought to have cost organisations more than £1.5 billion in administration costs, but have not increased benefits for workers, according to the Confederation of British Industry (CBI).The regulations, which were introduced 1 October 2011, give agency workers entitlement ...
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Employees want to know more about auto-enrolment
Three-fifths (59%) of respondents who do not currently belong to a pension scheme are still not aware of auto-enrolment, but 55% are keen to find out more about it, according to research by Standard Life.The research, which was conducted with YouGov, surveyed 2,125 UK adults, of which 1,098 confirmed they ...
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25 questions you should ask your auto-enrolment technology provider
This article has been provided by our channel sponsor, StaffcareMany auto-enrolment solutions are now starting to hit the headlines. Some are ready, some are still in development, but how many will deal with all the challenges that auto-enrolment brings? Are UK employers underestimating the complexities involved? Will you have the ...
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Hippodrome Casino launches voluntary perks
EXCLUSIVE: The Hippodrome Casino has launched a voluntary benefits scheme to support its employees’ lifestyles and help them make savings on everyday purchases.The scheme, provided by P&MM Employee Benefits, includes employee discounts, childcare vouchers and a bikes-for-work scheme.The casino, which is in central London, introduced the scheme as it inducted ...
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Phoenix Group raises flex take-up
EXCLUSIVE: Phoenix Group has seen an increase in employees taking up its flexible benefits scheme for the third year in a row.More than three-quarters (77%) of staff take advantage of the Flexit scheme, which is provided by Vebnet.Lynne Weller, group reward manager at Phoenix Group, said: “Since launching Flexit in ...
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BITC launches Workwell Benchmark
Business in the Community (BITC) has launched the Workwell Benchmark to measure FTSE 100 organisations’ management of employee wellbeing and engagement in the workplace.The benchmark will be based on a questionnaire, which covers areas such as leadership and management, occupational health and wellbeing promotions, and employee engagement.Paul Litchfield, chair of ...
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FTSE 350 pension deficits increase
Assets held in the FTSE 350 defined benefit (DB) pension schemes have increased to £501 billion, while liabilities have increased to £574 billion, according to research by Mercer.The research found that this is up from 2002, when assets stood at £282 billion and liabilities stood at £357 billion.The data, which ...
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Employers to receive letters about RTI
UK employers are set to receive a letter from the tax authorities in October, outlining the key changes that will come in with real-time information (RTI) reporting.Between April 2013 and October 2013, all employers will start reporting payroll information to HM Revenue and Customs (HMRC) in real time (on or ...
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SMEs unaware of auto-enrolment and RDR
Two-thirds (66%) of small- and medium-sized enterprises (SMEs) have not heard of the retail distribution review (RDR) and 41% have not heard of auto-enrolment, according to research by RSM Tenon.The RSM Tenon Business barometer, a quarterly survey carried out by YouGov among senior management in SMEs, also found that only ...
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Manufacturing pay freezes rise
The number of manufacturing firms instigating pay freezes has grown to one in seven in the three months to August 2012, due to economic uncertainty, according to research by EEF, the manufacturers’ organisation, and Jam Recruitment.The September 2012 pay bulletin found that this was an increase from the one in ...
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Ban on age discrimination extended
New provisions set out in the Equality Act 2010, which extends the ban on age discrimination, came into force on 1 October and could impact some service providers, such as healthcare providers.According to the Equality Human Rights Commission, the new ban will mean, in most cases, these service providers will ...
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Health and wellbeing report 2012
The employee health and wellbeing agenda is facing considerable change as 2012 winds down. Employee Benefits’ annual report rounds up the main issues, trends and topics around health and wellbeing.The report covers:A roundup of the latest news about health and wellbeing programmes.Legal expert Alex Fricke offers top tips for compliance ...
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Auto-enrolment comes into effect
Auto-enrolment legislation officially comes into effect today.From 1 October, every employer in the UK has a legal duty to automatically enrol eligible employees into a qualifying workplace pension scheme and make contributions towards it.The duties will be staged in over six years, starting with the largest employers. Organisations such as ...
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FirstGroup tests auto-enrolment hub
EXCLUSIVE: FirstGroup is finalising user-acceptance testing on its auto-enrolment hub, which will be rolled out for its staging date of April 2013.The hub, which will be provided by reward and pension communications firm Penkom, will sit between the transport organisation’s pension provision, payroll system and communication processes.John Chilman, group reward ...
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Employee engagement linked to wellbeing
Two-thirds (66%) of respondents make a link between employee engagement and wellbeing in the workplace, but only 33% follow through with a wellbeing strategy, according to research by Edenred and EnergiseYou.The research, Health and wellbeing at work, which surveyed 200 senior HR professionals, found that 47% of respondents said the ...