All Article articles – Page 812
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Business professionals flock to sheep-dog training course
High-flying professionals are flocking to a course in Wiltshire, which claims to combat stress and develop teamworking skills by teaching them how to behave like sheep dogs.The Raising the Baa course gives employees the chance to herd disorderly sheep into a pen. But there is no room for woolly thinking ...
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Chiswick Park hosts health and wellbeing week for staff
Chiswick Park hosted its latest health, wellbeing and fitness week for employees at the end of February.The business park works with wellbeing organisation Feel Good to offer the health and wellbeing week throughout the year as part of efforts to create a work-life balance for employees.The event offers employees a ...
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JLT Benefit Solutions launches BenPal for trust-based pension schemes
JLT Benefit Solutions has extended its BenPal product to employers operating trust-based pension schemes.The product reduces manual administration and provides trustees with comprehensive data. It also enables trustees to communicate important events to targeted groups of employee members.Roger Mattingly, executive director at JLT Benefit Solutions, said: “What is key now ...
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Global Share Alliance grows with addition of North American share registrars
The Global Share Alliance has expanded with the addition of North American share registrars American Stock Transfer and Trust Company, Canadian Stock Transfer Company, as well as Wells Fargo Shareowner Services.The alliance, which was founded by Equiniti, Link Market Services and Tricor in 2011, represents over 40 million shareholders worldwide. ...
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Work and Pensions Select Committee recommends lifting restrictions on Nest
The House of Commons’ work and pensions committee has recommended lifting the contribution cap and the pension transfer ban on the operation of the national employment savings trust (Nest).The report, Automatic enrolment in workplace pensions and the national employment savings trust, recommended removing the two restrictions as a matter of ...
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Government launches consultation on executive pay
Shareholders will have greater powers to influence executive pay if a government consultation designed to tackle the current gulf between performance and pay gets the green light.The consultation, Executive pay: consultation on enhanced shareholder voting rights, launched by the Department for Business, Innovation and Skills (BIS), put forward a number ...
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Pension reform is key challenge of 2012
The majority (76%) of respondents rate pensions reform as the key benefits challenge over the next 12 months, according to research by Thomsons Online Benefits.The annual Employee Rewards Watch research, which surveyed 430 employers, found that just 19% are already using auto-enrolment to enroll eligible employees into their pension schemes.The ...
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Low-earning public sector staff set for £250 pay rise
Prison officers, NHS staff and armed forces employees earning up to £21,000 a year are to receive a £250 pay rise following a government review of public sector pay for 2012-13 by the pay review bodies.Employees earning more than £21,000 a year will have their pay frozen as part of ...
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Tesco switches to CPI to calculate DB rises and increases pension age to 67
Tesco is to switch to the consumer prices index (CPI) to calculate its defined benefit (DB) pension scheme contribution rises, and increase the age at which a full pension is paid out by two years.Until now, Tesco has used the retail prices index (RPI) to calculate contribution rises. It expects ...
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Pensions Insurance Corporation appoints pensions administrator
Pension Insurance Corporation (PIC) has appointed Mercer to provide pensions administration to the employers it works with.The provider of risk management solutions for defined benefit (DB) pension funds covers 50,000 pension policiesMercer will provide record keeping, payroll, administration and communication services for these policies.Matt Gore, chief administration officer at PIC, ...
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Macfarlanes introduces flexible benefits scheme
International law firm Macfarlanes has introduced an online flexible benefits scheme to boost its 450 employees’ awareness of the value of the benefits package and to provide options that suit individual lifestyles.The Macsflex scheme, which was rolled out on 1 January, has replaced the law firm’s existing voluntary benefits package.Rob ...
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Enrich partners Health Management to launch occupational health service
Enrich has partnered with occupational health provider Health Management to launch HealthSmart, a service that provides occupational health services and advice.This can be integrated with an organisation’s employee benefits package, and provides data transfer between providers and management information analysis, which can be used to develop an organisation’s health and ...
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GlaxoSmithKline to raise average UK salaries by 4%
GlaxoSmithKline (GSK) will raise its UK employees’ average salaries by around 4% in 2012.In the GSK annual report 2011, published on 12 March, the pharmaceutical firm also said it will raise average US employees’ salaries by 3% in 2012.The 4% pay rise will be reflected in the base salary of ...
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Employers to review flexible working policies ahead of Olympics
More than a third of organisations intend to review their flexible and home working policies ahead of the London 2012 Olympic and Paralympic Games, according to research by Deloitte.This is compared with just†14% that said the same this time last year, according to the Games readiness research, which surveyed 200 ...
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Vielife partners South American firm Carevolution
Global health and wellbeing provider Vielife is expanding its presence in South America through a partnership with Carevolution, a corporate wellness consultancy based in Brazil.Carevolution will provide Vielife’s online health and wellbeing platform to large Brazilian employers.The platform, Vielife Online, will provide employers and their employees with data to achieve ...
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Respondents do not understand international healthcare benefits
Employers do not always adequately understand international healthcare benefits, according to research conducted by Jelf Employee Benefits.Over two-thirds (69%) of organisations surveyed at Jelf Employee Benefits’ international healthcare seminar said they cannot keep up with the changing international healthcare rules in all the countries employees are based.The research also found:98% ...
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Bonus demise hits two-thirds of City employees
Nearly two-thirds of City-based employees received a reduced annual bonus or no bonus at all in 2011, according to a survey by recruitment firm Hays.Over half (57%) of the 2,400 employees surveyed are considering quitting their current job, with 60% of these considering leaving because their bonus was below expectations.Just ...
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Asia Pacific-based employees enjoy highest pay rise
Pay rises for employees based in Asia Pacific are twice as high as their European counterparts, according to research by Mercer.The Global financial services incentive plan snapshot survey reviews remuneration practices and base pay increase data from 63 financial services organisations in Asia Pacific, Europe, the Middle East and Africa ...
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UK salaries predicted to rise by 3%
Salaries for UK employees were predicted to increase by 3%, according to research by Towers Watson Data Services.The Salary budget planning report for Europe, the Middle East and Africa, which collated pay data from 4,200 organisations across 60 countries, found that salary increases are set to be consistent across Europe’s ...
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iGlobalWellness launches workplace wellness programme
Wellness service provider iGlobalWellness has launched a programme, called Wellness 4 Life, to help employers and employees change their long-term behaviour and adopt healthier lifestyles.It is offered as a year-long programme aimed at senior management and a four-month programme aimed at the rest of employees.Both programmes begin with an assessment ...