All Article articles – Page 851
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The Voucher Shop research: Paper vouchers still popular in reward and incentive schemes
Almost half (46%) of employers are choosing to reward their staff with paper vouchers over plastic ones, according to research by The Voucher Shop.The poll was conducted among HR managers and executives across a range of sectors.Kuljit Kaur, head of business development at The Voucher Shop, said: “Paper vouchers continue ...
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Aon Hewitt and Streetcar launch salary sacrifice car club
Aon Hewitt and Streetcar, a part of Zipcar, have introduced a salary sacrifice car club.Streetcar, which offers access to a range of low-emission Volkswagen and BMW cars and vans on an hourly or daily basis, will offer employees of organisations signed up to the scheme the ability to take advantage ...
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Cripps Harries Hall reduces medical costs with healthcare trust
Law firm Cripps Harries Hall has reduced its medical claims costs since launching a healthcare trust a year ago. It has now renewed the scheme, which is provided by Healix Health Services.The trust offers the firm greater control of its health insurance costs, securing a 20% reduction in its P11D ...
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Morgan McKinley research: New joiner salaries in financial services firms up by 3%
The average salary for those securing new roles in August rose by 3%, compared to the previous month, according to research by Morgan McKinley. The Morgan McKinley London employment monitor found that the average salary for new roles was £52,239, marking a continuation of financial services institutions keeping salaries for ...
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Two-fifths of men want to work in an all-male environment
While an all-male workforce may make unrequited conversations about football a thing of the past and conveniently abolish an organisation’s gender pay gap, is it really the best way to do business?According to research by Reabur.com, 41% of men believe that the ideal working environment would be all male, largely ...
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Public sector workers set to strike over pensions
A strike by public sector workers over increases to their pension contributions is set to go ahead this autumn.On the last day (14 September) of the annual conference of the Trades Union Congress (TUC), union leaders agreed to start striking on 30 November if the government failed to negotiate on ...
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Field Fisher Waterhouse research: Employee-owned organisations are underperforming
Employee-owned organisations underperformed in the second quarter of 2011, dropping 9.4% compared to the FTSE All-Share which was up 0.9%, according to research by law firm Field Fisher Waterhouse.Since The UK employee ownership index (EOI), which monitors the share price performance of listed organisations that are over 10% owned by ...
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Domestic and General hosts health and wellness day
Domestic and General has hosted a health and wellbeing event for its 800 employees.The event, held at the Nottingham-based call centre, started with a healthy breakfast, followed by a range of activities that included Zumba dance classes, mini facials and massages, free smoothies, and advice from representatives of Weight Watchers.The ...
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EXCLUSIVE: Legal and General reduces sickness absence after piloting health programme
Legal and General has reduced its sickness absence figures by 15%, with cost savings of almost £70,000, after piloting a preventative health programme.The insurer reported that, between November 2010 and April 2011, sickness absence figures were 15% lower across the pilot group of 1,000 staff, compared to the same period ...
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EXCLUSIVE: Bluefin introduces auto-enrolment reports for employers
Bluefin Corporate Consulting is introducing reports for employers, designed to drive their strategies for preparing for auto-enrolment.The reports will take employees’ data and produce a number of scenarios and costs, which will advise employers on their options for meeting the requirements of auto-enrolment.Robin Hames, head of technical, marketing and research ...
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TUI Travel rolls out volunteering programme
Tour operator TUI Travel has launched a volunteering initiative, which will offer employees the opportunity to get involved with community projects.TUI Travel, which owns brands Thomson and First Choice Holidays, started the programme as the first of many volunteering projects. The programme saw employees redecorate Keech Hospice Care, a local ...
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Squire Sanders Hammonds launches employment law application
The application also allows users to access the law firm’s own employment law updates and HR-focused workshops, as well as to an iPhone version of the firm’s HR legal facts booklet.Charles Frost, labour and employment partner at Squire Sanders Hammonds, and designer of the application, said: “We have endeavoured to ...
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Aon Hewitt appoints Mike Curtis to its reward and engagement team
Aon Hewitt has appointed Mike Curtis as a senior consultant in its reward and engagement team.Curtis has 15 years' experience advising organisations across the private and public sectors on their reward strategies.His previous roles in the industry include: compensation and benefits practice leader at QCG, consultant at Towers Perrin, and ...
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Pointon York put up for sale
Pointon York, which provides self-invested personal pensions (Sipps), is up for sale and has had several approaches from prospective buyers.The organisation plans to conduct a formal sales process, whereby it will consider offers from parties interested in its entire issued, and to-be issued, share capital.Pointon York’s board is aiming to ...
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Danish pension provider ATP Group to launch multi-employer trust in the UK
Danish pension provider ATP Group has announced that it is to launch an independent multi-employer trust ahead of the 2012 pension reforms.The trust, Now Pensions, will focus on making it easier for UK employers to comply with auto-enrolment from early 2012.The Now Pensions advisory board is as follows:John Monks, member ...
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CIPP research: Pension schemes ranked as most offered benefit
The majority (85%) of employees rank a pension scheme as the most common benefit offered by employers, according to research by the Chartered Institute of Payroll Professionals (CIPP).Healthcare came in second place with 54%, and salary sacrifice schemes came in third with 52% of employers offering the benefit.Other employee benefits ...
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Capita Fiduciary Group research: Defined benefit pensions have significant financial impact
Defined benefit (DB) pension schemes have had a significant impact on UK organisations, according to research by Capita Fiduciary Group.The finance director survey: The management and impact of defined benefit pension schemes found that 86% of organisations that continue to operate DB schemes have suffered from a, primarily financial, increased ...
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Scottish Widows research: Employees unaware of contribution levels in pension schemes
Over half (55%) of employees in defined contribution (DC) pension schemes are aware how much they are contributing, according to research by Scottish Widows.The Scottish Widows Workplace Pensions Report 2011 found that 45% of scheme members are either contributing nothing or do not know how much they are contributing.Other findings ...
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Deloitte research: Executive directors see salary rises in 2011 after two-year pay freeze
Most executive directors have seen their salaries rise in 2011 after a two-year pay freeze, according to research by Deloitte.Its Executive directors’ remuneration report provides analysis on basic salary, salary increases, annual bonus payments, details of annual and long-term incentive schemes and pension schemes.The report shows that increases for main ...
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Allen and Overy research: Employers may terminate contracts to curb costs of the Agency Workers Regulations
A third (33%) of UK employers are planning to avoid increased costs associated with the Agency Workers Regulations (AWR) by terminating agency worker contracts before the 12-week qualifying period for equal pay and benefits takes effect, according to research by law firm Allen and Overy.From 1 October 2011, under the ...