All Article articles – Page 796
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Beecroft report on employment law published
The Beecroft Report on employment law has been published by the Department for Business Innovation and Skills (BIS).Business secretary Vince Cable said the report, which was written by venture capitalist Adrian Beecroft, has been published to dispel some of the myths that have been associated with it.He added: “Because of ...
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Barclays Corporate and Employer Solutions appoints Katharine Photiou head of workplace savings
Barclays Corporate and Employer Solutions has appointed Katharine Photiou head of workplace savings.Photiou, who has 20 years of experience in the employee benefits industry, joined from Mercer, where she was responsible for building its workplace savings platform.She has also worked in a number of senior roles at Friends Provident.Richard Phelps, ...
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Fidelius acquires Future Solutions Financial Group
Wealth management and employee benefits firm Fidelius has acquired employee benefits consultancy Future Solutions Financial Group.Alan Phillips, co-founder and managing director at Fidelius, said the acquisition supports the firm’s growth plan to acquire complementary organisations that fit its business service ethic and allow it to extend its geographic reach.The acquisition ...
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Staff are happier if they can use their own computer devices at work
Organisations that allow employees to bring their own computer devices (BYOD) to use at work are more attractive employers and enjoy better workplace morale, according to research by cloud computing firm Nasstar.The research, which surveyed 300 small and medium-sized enterprises (SMEs), found that allowing staff to use their own smartphones, ...
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Avanti Travel Insurance staff bungee jump for charity
Avanti Travel Insurance employees bungee jumped for local charity Parc Essex on 7 May.Staff at the travel insurance firm raised £500 for the charity, which creates outdoor adventure playgrounds and indoor resource centres for children with disabilities, by jumping from 100 feet up at The Orange near Braintree in Essex.Avanti ...
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Less than half of respondents are saving enough for retirement
Only 46% of UK employees are saving enough for retirement, down five percentage points since 2011 and a fall of eight percentage points since 2009, according to research by Scottish Widows.The Scottish Widows Pension report 2012 surveyed 5,200 UK employees. It has been published annually since 2005.The report found that ...
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Report on employment law to be published
A report on employment law, known as the Beecroft report, will be published this week.The report, written by venture capitalist Adrian Beecroft and commissioned by prime minister David Cameron’s former chief policy adviser Steve Hilton, is likely to include the following proposals: Delaying the pension reforms, which would force employers ...
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Executives prefer less risk-averse pay packages
Most executives would prefer less risk-averse pay packages, rather than deferred bonuses and complex incentive schemes, according to a report by PriceWaterhouseCoopers (PWC) and the London School of Economics (LSE).The Psychology of incentives report, which surveyed 1,100 executives, found that most respondents would prefer a smaller but more certain reward ...
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Half of employers have confirmed providers for auto-enrolment
More than half (54%) of the UK’s largest employers have confirmed their providers for auto-enrolment, according to research by the Nest Corporation.The research, which surveyed 707 pension decision makers at UK organisations, found that a further 34% of respondents have an idea of the provision they will implement and only ...
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Banking executives learn how to tackle challenges of the corporate jungle in luxury spa
It is hard to imagine that the serene and peaceful environment of a luxury spa would provide the setting to teach a group of hard-nosed executives how to be more effective in the corporate jungle of high finance.This was the tactic of Lloyds Banking Group, which sent a group of ...
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Royal Mail Group appoints EFP to manage 39 onsite gyms
Royal Mail Group has appointed Energy Fitness Professionals (EFP) to manage all 39 of its onsite gyms.The corporate health provider has managed 18 of Royal Mail Group’s gyms since 2003. The enhanced contract includes 12 gyms that were previously managed by other suppliers.Rob Radford, director at EFP, said: “We are ...
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Lloyds Banking Group and Eversheds among employers volunteering in Give and Gain Day
Lloyds Banking Group, Eversheds and Arqiva are among 191 organisations taking part in Give and Gain Day on 18 May.More than 9,000 employees across the UK are taking part in the annual event, volunteering their working hours to community groups and local charities.Give and Gain Day, which aims to connect ...
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Civil service pension scheme appoints provider
The government's mutual joint-venture arrangement, My Civil Service Pension (MyCSP), has appointed Prudential to provide a defined benefit (DB) pension scheme for its 500 UK-based staff.MyCSP was launched in April 2012 as the first cross-government shared service.Martyn Bogira, head of corporate pensions at Prudential, said: “We are thrilled to have ...
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FTSE 350 pension deficits up by £30bn in May
The collective pension deficits of the UK’s FTSE 350 organisations have increased by £30 billion since the beginning of May, according to research by Towers Watson.The report found that the total deficits are estimated to have gone from £62 billion at the end of April to £92 billion by 16 ...
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Education secretary backs reform of teachers' pay
Education secretary Michael Gove has submitted evidence to the School Teachers' Review Body (STRB), which sets out a strong case for reform to the current system of teachers' pay.Gove has set out a number of possible options for reform, including:Varying levels of prescription in national pay arrangements.Setting a minimum and/or ...
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Female Network Rail staff to launch claim for back-pay
Thirty-four female middle managers at Network Rail are to confront the firm with an equal pay claim.The claim, which is due to be filed before the end of May, will ask for back-pay of £25,000 for each claimant.The rail union, the Transport Salaried Staffs’ Association (TSSA), have backed the claim. ...
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iGlobalWellness launches health and wellness programme for over-55s
Wellness services provider iGlobalWellness has launched a health and wellness programme for employees aged over 55.The programme, Age Busters, will focus on fitness, staying active and living a healthier lifestyle. The programme offers personalised activity and nutrition coaching, an advanced monitoring system, regular interactive support and motivational goal setting.David Moorcroft, ...
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Mercer appoints Daniel Hibbert to develop public sector pay and reward practice
Mercer has appointed Daniel Hibbert to develop the company’s pay and reward consulting services in the UK’s public sector.Hibbert has more than 15 years of experience in advising organisations on aspects of reward management, including employee relations, performance-related pay, incentive scheme design, job evaluation, equal pay reviews and pay-cost modelling.Prior ...
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Globoforce introduces recognition and performance tool
Employee recognition provider Globoforce has introduced a tool that links employee recognition and performance.The tool, Talent Maps, aims to help HR and business leaders keep track of their top performers by allowing them to use peer-to-peer recognition data to visually map out employee and team performance.The data can then be ...
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SMEs support tax breaks for health benefits
Many small and medium-sized enterprises (SMEs) support tax breaks for health benefits, such as therapies and gym membership, according to research by the Institution of Occupational Safety and Health (IOSH).The report, Safety in numbers, was commissioned by the polling and research consultancy ComRes to investigate employer needs and attitudes to ...