All Article articles – Page 791
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Tyne and Wear Metro staff strike over pay dispute
Tyne and Wear Metro staff are taking strike action today, 7 June, in a dispute over pay.They are protesting against contractor DB Regio Tyne and Wear’s (DBTW) decision that contract pay will be decided by the average weekly earnings (AWE) rather than the higher retail prices index (RPI). DB Regio ...
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PMI and Mercer partner to offer discontinuance administration for pension schemes
The Pensions Management Institute (PMI) has partnered with consultancy Mercer to offer specialist support around discontinuance administration for defined benefit (DB) pension schemes.The move is in response to growing demand within the industry for services that relate to approaches to solvent buy-outs, insolvency administration and overall pension scheme cessations.Vince Linnane, ...
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Employee Benefits/Cigna UK HB Healthcare Research 2012
Download a PDF of the Employee Benefits/Cigna UK HB Healthcare Research 2012Editor’s comment:Our 14th annual healthcare research reflects the pressures many employers are experiencing because of the current economic climate. As the UK has once again entered into recession, more than half of our respondents say they have come under ...
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Positive shift in employee engagement worldwide
Latin America has the highest employee engagement levels, according to research by Aon Hewitt.Its 2012 Global engagement report analysed employee engagement trends among more than 3,100 organisations representing 9.7 million employees worldwide.In Latin America, 71% of respondents cited high levels of employee engagement, compared to 64% in North America, 58% ...
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The Pensions Regulator reminds employers about auto-enrolment inducements
The Pensions Regulator (TPR) has reminded employers about the laws related to inducing staff to opt out of retirement savings post-auto-enrolment.The law prohibiting inducements comes into effect on 1 July, although employers’ staging dates are spread out over several years.The TPR defines an inducement as any action with the sole ...
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EXCLUSIVE: McDonald's Restaurants wins Grand Prix at Employee Benefits Awards
McDonald’s Restaurants, Merlin Entertainments, BT and Kraft Foods were among the big winners at this year's Employee Benefits Awards, which took place at the Artillery Garden at The HAC on 31 May.McDonald’s Restaurants took the coveted overall Grand Prix prize, plus the category award for ‘Most effective alignment of reward ...
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EXCLUSIVE: Microsoft switches flexible benefits providers and moves plan online
Microsoft UK has switched providers of its flexible benefits scheme and moved the plan online for the first time.The scheme, paper-based since 2003 and previously provided by Edenred, was relaunched in May using Thomsons Online Benefits’ Darwin platform.The move is intended to improve the employee experience, reduce administration for Microsoft’s ...
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EXCLUSIVE: Large employers celebrate Queen'’s Jubilee with staff
Employers such as Asda, B&Q, Health Shield, Marks and Spencer and Sainsbury’s celebrated the Queen’s Diamond Jubilee at the beginning of June with tailored recognition schemes and motivational events for staff.Asda awarded one employee in each of its stores and distribution centres the title of ‘Jubilee Colleague of the Day’ ...
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EXCLUSIVE: Bwin.Party rolls out global benefits programme
Online gaming company Bwin.Party has launched a global benefits programme to harmonise its perks as it makes new acquisitions.The firm has 2,700 staff spread across three continents. Its Just.Rewards programme, provided by Thomsons Online Benefits, will be launched in Bulgaria and India on 1 July, then in Austria, Israel, Italy ...
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Towry forms committee to highlight value of total reward
Towry is taking steps to ensure its staff grasp the value of their total reward, including pay, pension, bonuses and other benefits.The independent financial advice firm has created a committee comprising non-HR staff from all levels of the business to look at how these reward elements are perceived by its ...
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EXCLUSIVE: Capital One highlights Men's Health Week
Capital One will offer health checks and raise awareness about testicular cancer during Men’s Health Week, which takes place on 13-19 June.The credit card company has teamed up with an NHS medical practice near its Nottingham head office to offer free blood pressure and cholesterol checks, plus information on mental ...
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Most respondents do not have formal cancer policy
Three-quarters of respondents do not have a formal policy in place for managing cancer among employees, according to research by independent financial adviser Helm Godfrey.Its research, Cancer in the workplace: its impact and how companies manage it, also found that 41% of respondents said dealing with cancer in the workplace ...
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EXCLUSIVE: BNP Paribas launches physiotherapy referral service
BNP Paribas has introduced a physiotherapy referral service, removing the need for GP referral.The service, which includes on-site physiotherapists, was launched on 1 May and is available to the bank’s 4,000 employees and their families via its private medical insurance (PMI) scheme.One-third of BNP’s medical spend is on musculoskeletal issues, ...
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Rolls-Royce reintroduces bike scheme
Rolls-Royce has reintroduced a bikes-for-work scheme for its 20,000 UK employees.The car manufacturer had previously offered a scheme in 2009, but discontinued it because it felt it was difficult to administer and there were ongoing changes from HM Revenue and Customs (HMRC) on some aspects of the scheme.Miriam Valten-Agnew, head ...
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EXCLUSIVE: Enrich Employee Benefits launches benefits portal
Enrich Employee Benefits has partnered with the Money Advice Service (MAS) to launch a benefits portal called Benefits2go.The portal includes access to online advice and support from the MAS, a document library with articles on financial education, a pensions modelling tool, an intranet site where staff can view their entire ...
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EXCLUSIVE: Barclays Investment Bank hosts health and wellness day
Barclays Investment Bank hosted its third health and wellness day at the end of May, as a way to communicate the firm’s healthcare and wellbeing benefits to its 24,000 staff.The event, which was first held in July 2011 as part of the bank’s wellness programme Living Your Potential, is held ...
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News analysis: Is shareholders' revolution justified?
Shareholders’ revolts against executive pay have rocked some big companies recently, but do they really understand the issues? Nicola Sullivan reportsAviva, Barclays and Trinity Mirror are on a growing list of companies that are bowing to shareholder pressure on executive pay. But such high-profile examples of shareholder revolt have raised ...
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EXCLUSIVE: Ann Summers reviews providers ahead of pension reforms
Ann Summers is conducting a review of pension providers ahead of its staging date for auto-enrolment and compliance with the forthcoming pension reforms.The retailer, which has identified 640 staff to auto-enrol and 250 that could soon reach the eligible age or earnings level, is seeking providers that meet its needs ...
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Workplace Savings Quarterly News
A round-up of the latest news, case studies and research around workplace savings:Workplace Savings News: Retirement bridge helps to solve annuity dilemmaWorkplace Savings News: Pensions fear for over-50sWorkplace Savings News: You really do get what you pay for in a DC planWorkplace Savings News: JLT Investment Solutions launches new growth ...
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John Whitaker moves to IHS
IHS has appointed John Whitaker senior benefits consultant, Europe, Middle East and Africa (EMEA).His role will include a review of the EMEA benefits programme, a harmonisation of benefit schemes across EMEA, and an enhancement of financial awareness among employees.His previous roles in the industry include US project manager at Asperity ...