All articles by Ian Silvera – Page 9
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Auto-enrolment will trigger benefits reviews for SMEs
Auto-enrolment will trigger wider reviews of employee benefits among small to medium-sized enterprises (SMEs), according to research by MetLife UK.The study, which questioned 500 HR directors from SMEs employing fewer than 250 employees, found 51% of respondents will either definitely or probably review the benefits they offer ahead of auto-enrolling ...
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Tapestry launches online global share plan service
Law firm Tapestry has launched an online service and database to help manage the global legal compliance aspects of an employer’s share plans.The system covers many types of plans, including:Deferred share bonusEmployee stock purchasePerformance share plans and restricted stock unitsRestricted share plansShare optionsSavings-related share optionsShare match and co-investmentCash plansIt also ...
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NHS boss appears as Superman in anti-stress film
If all bosses went to the lengths one NHS chief has to promote wellbeing at work, we may be all fitter.Phil Morley, chief executive of Hull and East Yorkshire Hospitals NHS Trust, dressed up in a Superman costume and performed in a video intended to encourage employees to be fit ...
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Simplyhealth and Robertson Cooper launch online wellbeing community
Simplyhealth has partnered Robertson Cooper to launch an online wellbeing network designed to support employees’ health, wellbeing and resilience in the workplace.Good Day at Work is a free online community where employees and employers can access resources to help improve their levels of wellbeing, as well as share ideas and ...
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Gym and exercise breaks can increase productivity
Providing breaks for employees to visit the gym or to exercise during office hours could help to increase day-to-day productivity, according to research by specialist HR recruitment firm Ortus.The research, conducted among 570 HR professionals, found that 52% of respondents said gym and exercise breaks would boost work levels.Other popular ...
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Fitness First to launch master trust for auto-enrolment
Fitness First has launched a master trust pension scheme to comply with its auto-enrolment duties.The health club group will enrol nearly 700 employees into the scheme, provided by Now: Pensions, on its staging date of 1 August 2013.Neil Tune, HR director at Fitness First, said: “Finding the right partner to ...
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Manufacturers lose faith in fit note system
British manufacturers have lost faith that the government’s fit note programme is getting people back to work, according to research by manufacturers’ organisation EEF.The 2013 EEF/Westfield Health sickness absence survey, which questioned 353 employers, indicates that improvements in sickness absence seen in recent years have now plateaued and that further ...
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Network Rail introduces private shopping club for staff
Network Rail has launched a private shopping club for employees.The online club, Aspire, gives the railway’s 35,000 employees access to a weekly online sale of well-known brands with discounts of up to 70% off retail prices.The voluntary benefits was introduced after Network Rail renewed its contract with reward and incentives ...
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A very dreamy payout
Something for the weekend…Staff may start offering their payroll managers copious amounts of Horlicks, comfy cushions and scented candles after hearing about a recent mishap in Germany.A tired banking employee fell asleep on his keyboard and accidentally transformed a €222 million (approximately £188.4 million) order, a court heard.The Hessen labour ...
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RTI reporting deadline may be extended further for micro employers
HM Revenue and Customs (HMRC) is seeking to extend the temporary relaxation of the real-time information (RTI) reporting deadline for micro employers (those with fewer than 50 employees), from October 2013 until April 2014.The proposed extension means that organisations will not be required to change their pay-as-you-earn (PAYE) approach halfway ...
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Pay and benefits cause most dissatisfaction
Pay and benefits are the cause of most dissatisfaction among respondents, with nearly half considering a change of jobs because they are dissatisfied with their current pay and benefits package, according to research by Edenred UK.The Edenred barometer, conducted by Ipsos among 7,200 European employees, including 800 UK workers, found ...
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SAP sees rise in take up of discounts cards
EXCLUSIVE: SAP has seen a rise in the take up of its discount cards due to improved communications and employees looking to save more.In April 2013, 100 employees at the technology firm opted to take up the Gourmet Society restaurant discount card. This is a rise from the 52 employees ...
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Durham University launches master trust for pensions auto-enrolment
Durham University has launched a master trust to comply with its pensions auto-enrolment duties.The university introduced the scheme, provided by Now: Pensions in April 2013, enrolling its workforce of support staff in line with its staging date. Janet Robertson, payroll and pensions manager at Durham University, said: “The scheme can ...
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Final proposals on directors' remuneration legislation published
The Department of Business, Innovation and Skills (Bis) has proposed reforms to board pay disclosure and shareholder voting rights.The finalised legislation apply from 1 October 2013.The regulations are still subject to parliamentary approval, but are not expected to change.Its proposals include:Recruitment policy: It will no be longer necessary for employers ...
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Financial services firms expect pay increases
Fixed pay is to increase for financial services employees to offset bonus caps, according to research by Towers Watson.A surveyof more than 150 financial services HR professionals at the consultancy’s annual Global financial services conference, found that more than half (53%) of banks and financial services organisations predict an increase ...
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Pay packets in south-west England fall by 10%
Pay packets in the south west of England have fallen by 10% since 2007, according to research by the Trades Union Congress (TUC).The TUC’s analysis of the Office for National Statistics’ (ONS) Annual survey of hours and earnings and its Labour force survey, both published in March 2013, found that, ...
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Italian and Spanish CEOs receive highest salaries in Europe
Chief executive officers in Italy and Spain receive the highest basic salaries in Europe, according to research by The Federation of European Employers.Its Pay in Europe 2013 survey, which provided median pay figures for 32 job positions in 47 different countries and territories, also found that Denmark offers the highest ...
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Multi-employer pension providers awarded PQM Ready
Pension providers RPMI and The People’s Pension have been awarded the new Pension Quality Mark (PQM) Ready standard in recognition of their low charges, clear communications and strong governance.Providers need to prove that independent trustees are in a majority or have a casting vote, and that member communications are clear, ...
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S&P 1500 pension plans hit funding highs
The aggregate pension plan deficits of S&P 1500-sponsored employers dropped to $269 billion at the end of May 2013, according to research by Mercer.The consultant’s monthly analysis of the Financial Accounting Standard (FAS) funding positions also revealed that the funded ratio (assets divided by liabilities) increased from 80% to 86% ...
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Pay in financial sector still incentivises bad behaviour
Almost two thirds of workers in the financial services sector believe some people in their organisation are rewarded in a way that incentivises inappropriate behaviour, according to research by the Chartered Institute of Personnel and Development (CIPD).The Employee outlook: Focus on rebuilding trust in the city survey, which questioned more ...