All Article articles – Page 831
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HR staff are most likely to snog a colleague at a work Christmas party
HR staff are most likely to snog a colleague at the work Christmas party according to research by TGI Fridays.The poll of 2,000 employees showed that 55% of HR employees have kissed a colleague at a work party, although this is somewhat reserved when compared to the drunken antics of ...
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Fashion houses warned about unpaid interns
HM Revenue and Customs (HMRC) has written to a number of fashion houses and designer labels warning them about non-payment of the national minimum wage to interns.The letters were sent to fashion houses that exhibited at London Fashion Week in September 2011 and are expected to do so again at ...
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The Retail Data Partnership to launch pension scheme in preparation for auto-enrolment
The Retail Data Partnership will introduce a pension scheme from 1 January in preparation for auto-enrolment.The scheme will be provided by Now Pensions.Stephen Burnett, chief executive officer at The Retail Data Partnership, said: “While we are a small organisation with just 19 employees, I firmly believe that it is important ...
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Glassdoor research: US employees prefer cash bonuses to Christmas parties
Employees in the United States would prefer to receive cash bonuses rather than a work Christmas party, according to research by job-listing firm Glassdoor.An online survey revealed that 72% of US employees cited a cash bonus among their top choices for an employer-funded seasonal perk, followed by a pay rise ...
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Electricity Supply appoints pension administration provider
Electricity Supply has appointed Capita Hartshead to provide central administration services for its pension scheme.From 9 January 2012, the pension provider will take over the functions currently provided by Electricity Pensions Services. It will be responsible for overseeing all the central activities required to run the the pension scheme, including ...
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Government plans to end national pay rates for civil servants, teachers and prison officers
National pay rates for teachers, civil servants and prison officers could be scrapped under plans announced by the government.Chancellor George Osborne has written to independent pay review bodies asking them to recommend how public sector salaries can be brought in line with the private sector.According to HM Treasury, public and ...
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Defined benefit pension scheme de-risking company to launch
Former chairman of The Pensions Regulator David Norgrove is to launch an insurance company called Long Acre Life, which will deliver de-risking solutions to UK defined benefit (DB) pension schemes.The firm is targeting schemes with liabilities in excess of £500 million, with the aim of delivering cost savings of up ...
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Supreme Court dismisses dispute over holiday entitlement
The Supreme Court has dismissed an employment case from a group of Transocean employees who argued that their entitlement for annual leave should be taken from their time spent offshore rather than onshore.The oil and gas rig workers are contracted to work a pattern of two weeks offshore and two ...
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ONS research: Managers and senior staff not paid for overtime
Full-time managers and senior staff work 7.6 hours per week more than they are paid, according to figures from the Office for National Statistics (ONS).By comparing data from the Annual survey of hours and earnings, which looks at paid hours, and the Labour force survey, which collects data on total ...
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Department of Health announces pension contribution freeze for lower-paid NHS staff
The Department of Health has announced a freeze on pension contributions for more than half a million lower-paid NHS staff.The deal, which affects 630,000 employees, will see the threshold for freezing pension contributions raised from £15,000 to £26,557 for 2012/13.The increases in employee contributions have been distributed among higher earners ...
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Government opens consultation on bank bonuses
The government has introduced a consultation aimed at tackling unacceptable bank bonuses by improving pay transparency within large banks.The proposals would extend transparency arrangements at the largest UK banks and the UK banking operations of large foreign banks by requiring the eight highest-paid non-board executives to disclose their remuneration arrangements.Mark ...
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Morgan McKinley research: Expectations still high in the City for bonuses
Two-thirds (67%) of employees in the financial services sector still expect to receive a bonus in the 2011/12 round compared to 88% last year, according to research by Morgan McKinley.The Bonus expectations survey found that 14% think their bonus will be higher than last year, while 32% expect it to ...
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NAPF research: Pension funds could be more engaged in companies they invest in
A third (31%) of pension funds think they could be more actively engaged in the companies they invest in, according to research by the National Association of Pension Funds (NAPF).More than half (55%) of respondents to the NAPF’s annual Engagement survey, said they have signed up to the stewardship code, ...
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Coloplast introduces flexible benefits scheme for staff
Medical devices company Coloplast has introduced a flexible benefits scheme for employees.The scheme aims to give staff a chance to improve their health and wellbeing by offering discounted gym membership, health screening, and dental insurance.The scheme also includes the opportunity to buy or sell holiday, and make changes to certain ...
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North East Ambulance Service reduces absence with physiotherapy scheme
North East Ambulance Service (NEAS) has reduced its long-term sickness absence since it rolled out a physiotherapy scheme for staff.Because musculoskeletal disorders are an occupational hazard for ambulance staff, NEAS investigated the options available to minimise the impact of these injuries.The organisation launched a pilot scheme with physiotherapy provider Physio ...
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Siemens adds cancer checks to flexible benefits scheme
Siemens has added breast exams and skin checks to its flexible benefits scheme, My Choice, for 2012, as part of a wider approach to health and wellbeing.Isy Raza, My Choice specialist at Siemens, said: “As a company, we are aware of the rising incidence of breast and skin cancer, and ...
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OECD report: Gap between high and low earners continues to grow
The gap between the highest and lowest paid has reached its highest level in over 30 years, according to a report by the Organisation for Economic Co-operation and Development (OECD).The report, Divided we stand: why inequality keeps rising, found that the average income of the richest 10% is now about ...
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Macmillan Cancer Support appoints pensions investments manager
Macmillan Cancer Support has appointed Ernst and Young to oversee the investment decisions made by its defined benefit (DB) pension scheme’s fiduciary manager.The appointment was made in conjunction with Pitmans Trustees. It will see the actions of the fiduciary manager, MN Services, monitored and challenged.Melanie Cusack, chair of the trustees ...
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CIPD research: Employers not taking proactive approach to 2012 pension reforms
While the majority (75%) of employers are fully aware of the forthcoming pension reforms, including auto-enrolment, less than one-third (32%) know the date at which the new rules will apply to them, according to research by the Chartered Institute of Personnel and Development (CIPD).The CIPD's Labour market outlook: focus on ...
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Stephen Bevan of The Work Foundation: A return to industrial strife?
Guest blog: professor Stephen Bevan, Director of the Centre for Workforce Effectiveness at The Work Foundation and honourary professor at Lancaster University gives his view on the public sector strike on 30 November 2011 and the inclusion of a regional pay review for the public sector in the Autumn Statement.Did ...