All articles by Jennifer Paterson – Page 13
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Article
ABI and NAPF call for guidance guarantee details
The Association of British Insurers (ABI) and the National Association of Pension Funds (NAPF) have written to the government urging it to make some quick decisions to ensure its financial guidance guarantee, part of the pension reforms announced in this year’s Budget, can be delivered in time to meet the ...
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Article
Just 7% would take pension pot as lump sum
Just 7% of respondents would take 100% of their pension savings as a lump sum, according to research by Friends Life.Its research, which surveyed 2,000 UK employees, found that the average amount respondents would release at retirement is 33%.Pension reforms announced in the 2014 Budget allow greater flexibility in the ...
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Article
66% manage sickness absence as business risk
Two-thirds (66%) of respondents proactively manage sickness absence as a business risk, according to research by EEF and Jelf Employee Benefits.The eleventh 2014 Sickness absence survey, which surveyed 335 manufacturing organisations, found that nearly two-fifths (39%) of respondents do not set a sickness absence target.Of those that did set a ...
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Article
63% believe pre-retirement information needs improvement
Almost two-thirds (63%) of respondents believe that pre-retirement information needs improvement and should be an urgent priority for the next six months, according to research by Equiniti.Its research, which surveyed 40 annuity providers and pensions experts, found that a further 26% believe it needs to be improved within a year.Nearly ...
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Article
47% believe employer should play role in retirement planning
Nearly half (47%) of employees believe their employer should play a role in helping them to prepare for retirement, according to research by Barclays Corporate and Employer Solutions (C&ES).Its Steps towards a living pension report, which surveyed 2,000 employees who are paying into a defined contribution (DC) pension scheme, found ...
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Article
43% of new fathers take half paternity leave entitlement
Nearly half (43%) of new fathers take five days or less paternity leave, which is only half of their two-week entitlement, according to research by HR software provider Octopus HR.Its research, Dads at work: a report into the paternity leave trends and working habits of the modern working father, analysed ...
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Article
41% do not understand retirement saving following Budget changes
More than a third (41%) of respondents admitted not understand retirement saving following the pension changes announced in the 2014 Budget, according to research by Ros Altmann (pictured) and sponsored by MetLife.The Flexibility in retirement – planning for change report, which conducted two separate surveys, among 2,531 working adults in ...
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41% would have to rely on savings if on long-term sick leave
More than a third (41%) of respondents would have to rely on their savings if they were forced out of work for any length of time due to illness or injury, according to research by industry body Group Risk Development (Grid).Its Group risk employer research study, which surveyed 1,000 employees ...
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Article
33% would not value retirement advice
A third (33%) of respondents aged 55 or over who have not yet retired would not value financial advice when they retire, according to research by MGM Advantage.Its research, which surveyed more than 2,000 UK adults aged 55 or over, found that 38% of respondents have never sought advice about ...
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Article
Cisco and Hilton shortlisted for global benefits
Cisco and Hilton Worldwide are among the employers that have been shortlisted for the award ‘Best international or expatriate benefits’ at the Employee Benefits Awards 2014.For this award, the judges were looking for employers that used their global reward strategy effectively to help drive their business goals.The full category shortlist ...
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Case Studies
Chiswick Park makes fitness classes visible for workers
The business park, which houses employers such as Absolute, Disney Discovery, Paramount and Starbucks, runs a variety of regular health and wellbeing events, which are available to 8,000 employees across 45 organisations.It also hosts annual wellness weeks with a focus on information seminars and one-to-one health clinics.In 2014, classes and ...
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Article
Only 15% prepared for auto-enrolment
Only 15% of respondents that have to comply with auto-enrolment legislation in the next 12 months felt they are sufficiently qualified to manage their responsibilities, according to research by Creative Auto Enrolment.Its research, which surveyed 505 business decision makers in organisations with between 50 and 250 employees, found that 40% ...
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Samsung appoints Colin Jellicoe
Jellicoe has joined the organisation from Vinci Construction UK, where he had worked since 1993. His most recent role was HR and employee relations director.Jellicoe joined the construction firm as a personnel and training officer when the organisation was known as Norwest Holt.
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Red Hat appoints Lyndsay Cooper
She was previously senior reward analyst, EMEA, at United Health Group.Cooper’s other previous roles in the industry include reward manager at TNT Post UK, ViiV compensation project leader at GlaxoSmithKline, compensation and benefits analyst at Wyeth, international rewards analyst at Covance and group rewards adviser at Gallaher.
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Densu Aegis Network appoints Richard Beeby
He previously spent nearly three years as group reward manager at Britvic Soft Drinks.Before that, Beeby worked at Comet Group in various roles, including group reward manager, reward analysis and implementation manager, HR business programme manager and HR business partner.He also spent three years as personnel manager at Morrisons.
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Article
Tesco and Whitbread shortlisted for share plans
Tesco and Whitbread are among the employers that have been shortlisted for the ‘Best employee share schemes’ award at the Employee Benefits Awards 2014.This award recognises employers that have implemented a successful strategy that has made HM Revenue and Customs-approved all-employee share schemes an effective benefit in their organisation.The full ...
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Corporate gift card and voucher sales up by 6%
Corporate gift card and voucher sales grew by nearly 6% in the first quarter of 2014, according to the UK Gift Card and Voucher Association (UKGVA).Its research, which was compiled by consultancy BDO, found that category specific gift cards generated the strongest growth, up by 7.9%.Both direct and online corporate ...
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Article
UniCredit Bank boosts cancer awareness
EXCLUSIVE: UniCredit Bank has seen nearly half (45%) of its 900 London-based employees participate in its cancer awareness programme since it was launched in February 2014.The financial services organisation, working with provider HealthScreen UK, provides cancer awareness, education workshops and early detection through cancer screening services.The cancer awareness programme was ...
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Article
Towers Watson launches global benefits product
Towers Watson has launched a global benefits product designed for multinational employers.The product, Global Access, aims to allow multinational employers to deliver local-country, pre-packaged benefits programmes, which include life assurance, accident, healthcare and disability cover.These insurance products are available at three fixed benefit levels.The product is available in 30 countries.Chris ...
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Case Studies
Wates Group aligns HR and health and safety teams to develop wellbeing strategy
The family-owned construction organisation integrated the two functions more than a year ago to enable it to develop a holistic wellbeing programme for its 1,600 staff.Melisa Hanratty, HR programme manager at Wates Group, says: “We have different representatives, from both health and safety and from HR, and we have joined ...