All Article articles – Page 850
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EXCLUSIVE: L'Oreal adds workplace choir to wellbeing programme
L’Oreal has added a workplace choir to its wellbeing programme.The choir, which began holding weekly practices in September, is provided by Music in Offices.L'Oreal's My Wellbeing package also includes: discounted gym memberships, healthy-eating options in its canteen, yoga classes, bikes for work, a Dance to Work programme in partnership with ...
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EXCLUSIVE: Edenred adds incentive programme to product range
Edenred has added a new incentive platform and a new employee discounts platform to its product range.The Complements Select incentive platform brings together all the provider’s reward products, including vouchers and gift cards for single and multi-store use, experience products, and holiday and travel products.A personalised email with an e-code ...
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Kronos research: Employees pull sickies to watch TV
Half of UK employees (50%) call in sick to work in order to spend the day watching television at home, according to research from Kronos.The Kronos absence survey found that, of these employees, 69% were in the 16 to 24 age group.In the UK, 43% of employees admit to calling ...
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Church of Wales’ bishops to forego annual pay rise
Bishops and senior clergy at the Church of Wales have chosen to turn down their annual 1.6% pay rise next year as a gesture of support for those facing financial uncertainty in parishes across Wales.About 35 people will forego or give away the pay rise. They include all the bishops, ...
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London boroughs launch framework agreement for pensions administration
The London Borough of Hammersmith and Fulham, and the London Borough of Brent have collaborated on a framework agreement to appoint a single pension administration provider.Under the agreement, other London boroughs can join the framework and appoint Capita Hartshead as their pensions administrator without needing to go through the public ...
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The US Justice Department spends thousands of dollars on muffins for staff
It appears that the US Justice Department believes the way to its employees’ hearts is through their stomachs.Apparently, it spent $4,200 on 250 muffins for staff attending a conference at a hotel in Washington, DC.The $16-a-piece (£10) luxury snacks will no doubt have contributed to workers’ capacity to develop their ...
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NHS Employers organisation concerned about national pay arrangements
The NHS Employers organisation has said the present national arrangements for pay and conditions are not affordable due to the cost pressures facing the NHS,.However, it added restraining pay bill costs is essential to minimise potential job losses and protect patient services.The NHS Employers organisation has outlined its concerns to ...
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Polestar appoints Mercer to provide pensions administration services
The Polestar Pension Scheme has appointed Mercer to provide administration services.The printing firm’s defined benefit pension scheme has been closed to new members since April 2003, and has over 8,600 pensioners and deferred members.Jill Carruthers, a principal at Mercer and client relationship manager for the Polestar Pension Scheme, said: “The ...
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Pensions Minister promises women won't lose out due to later retirement age
Pensions Minister Steve Webb has promised that proposed changes to men and women’s retirement ages will not penalise women in their fifties.Concerns had been raised that plans for a universal state pension age of 66 by 2020 would mean that women born between December 1953 and October 1954 faced the ...
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Harvey Nash research: FTSE 100 CEOs penalised for poor share performance
FTSE 100 chief executive officers (CEOs) who served continuously in the lead up to, and through, the downturn are more likely to be penalised for poor share performance, and rewarded when it improves, according to research carried out by the Harvey Nash Board Practice, and the London Business School.The research ...
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Ranstad research: Hong Kong employees to seek pay increases up to 10%
Employees in Hong Kong will seek pay increases of up to 10% in the year ahead as business leaders see promising local growth, according to research by Ranstad.The Ranstad World of work report 2011/2012 is part of Ranstad’s annual Asia Pacific study that gathered the perceptions of 8,200 employees and ...
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EXCLUSIVE: Farrer and Co focuses on employee health and wellbeing
Farrer and Co has increased its focus on employee health and wellbeing with lunch-and-learn sessions, whereby staff can explore issues such as work-life balance, mental health and stress management.The sessions, available to all 380 employees, were held at the law firm’s office in August.In tandem with Farrer and Co’s annual ...
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EXCLUSIVE: Coloplast hosts wellbeing week to promote healthcare benefits
Coloplast is hosting its first wellbeing week, which commenced on 19 September.The medical devices organisation set aside the week to focus on wellbeing so employees can better understand the benefits available to them.The wellbeing week will offer mini health checks for all its employees, including cholesterol checks, blood pressure, blood ...
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Standard Life launches mastertrust to help employers with the 2012 pension reforms
Standard Life has extended its defined contribution (DC) trust-based pension scheme with a mastertrust arrangement, which is aimed at helping employers with the 2012 pension reforms.It is also aimed at employers that are keen to set their pension scheme up under trust but are concerned about the responsibilities associated with ...
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NAPF research: Confidence in pensions at a record low
Almost half (48%) of working adults have no confidence in pensions, compared to other ways of saving, according to a survey by the National Association of Pension Funds (NAPF).Its Pensions confidence index, which polled 896 employees in the UK, found that 42% of respondents are confident. However, this was the ...
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Aon Hewitt research: Salary increases to rise but still below inflation
Salary increases are projected to rise in 2012 but will still be below inflation, according to the UK findings of Aon Hewitt’s 2011-2012 European salary increase survey.The survey, which incorporates responses from over 230 UK organisations, found that salaries rose 2.5% in 2010, 3.1% in 2011 and are projected to ...
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Employers urged to use forward-looking reports for executive remuneration
The debate over how executive pay policies should be presented to shareholders has gathered pace after a leading investor argued that organisations should issue forward-looking reports on remuneration.Robert Talbut, chief investment officer at Royal London Asset Management, said that such a report would outline the planned value of an executive's ...
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Government publishes consultation on executive pay
The government has published a consultation on executive reward that proposes to simplify the reporting requirements for organisations so investors are given clear information on performance and pay.The consultation, The Future of Narrative Reporting, said that such measures would increase the transparency and accountability in the investment chain and enable ...
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Allen and Overy staff to split £420m pay pool
Law firm Allen and Overy is rewarding 400 lawyers with a shared pay pool of £420 million.According to financial accounts for the year ended 30 April 2011, the pay pool will see almost 400 partners awarded £1 million each, in a profit-sharing arrangement.On becoming a partner at the Allen and ...
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Scott Brownrigg switches pension scheme administrators
Architecture and design firm Scott Brownrigg has switched the actuary and administrator of its defined benefit (DB) pension scheme.The switch moves the scheme actuary and administrators to Goddard Perry Actuarial and HS Administrative Services from Cartwright Group.Read more articles on defined benefit pension schemes