All articles by Jennifer Paterson – Page 132
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Admiral Group awards two employees with trip to Rugby World Cup semi-finals
Admiral Group has given two of its employees a trip to Auckland to see Wales play France in the semi-final of the Rugby World Cup.The Welsh organisation offered staff the chance to win the trip by getting them to answer the question: How many World Rugby Union/Admiral jerseys will the ...
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Hay Group research: Public sector salaries have risen 13% higher than private sector salaries over last decade
The pay gap between the public sector and private sector has been reversed, with salaries in the public sector rising by 13% more than their private sector counterparts over the last decade.Hay Group’s PayNet UK salary tracker: public versus private pay gap found that public sector pay, at the operative ...
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Spirit Pub Company and Travelodge among employers considering Nest
Spirit Pub Company and Travelodge are among 100 employers that are considering using the national employment savings trust (Nest) ahead of the introduction of employer duties in 2012.Other large organisations considering the pension scheme, which will be provided by the Nest Corporation, are Sodexo and Gondola Group. Some smaller organisations, ...
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Lifestyle Services Group adds gym membership to voluntary benefits
Lifestyle Services Group (LSG) is adding gym membership to its online voluntary benefits scheme to cater for its young employee population.The organisation, which has 1,100 UK staff, has 700 call centre staff. Iain Cartwright, employee engagement manager at LSG, said: “The discounts match our demographic. Our call centre is mostly ...
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Equiniti ICS launches auto-enrolment service
Equiniti ICS has introduced an auto-enrolment administration service.The HR and payroll provider will manage all aspects of auto-enrolment administration for an organisation. The service is aimed at organisations that would prefer to outsource their administration in order to control risk and costs, ensure compliance and minimise the need to increase ...
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Meat and Livestock Commission completes pension scheme buy-in
The trustee board of the Meat and Livestock Commission’s pension scheme has completed a £150 million buy-in with Aviva.The deal, advised by Towers Watson, involves Aviva making payments to the scheme equivalent to pensions for over 900 members.The contract with Aviva will be held as an asset of the pension ...
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JLT Pension Capital Strategies research: FTSE 250 pension scheme deficit improves by £2 million
The total deficit in FTSE 250 pension schemes at 30 June 2011 was estimated to be £6 billion, an improvement of £8 billion from the position 12 months ago, according to research by JLT Pension Capital Strategies.The FTSE 250 and their pension disclosures research found that total deficit funding was ...
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Marks and Spencer for Business introduces e-gift card
Marks and Spencer for Business has rolled out an e-gift card for employers to use in reward and recognition programmes.It enables organisations to instantly reward employees via email.The gift card can be used to shop in store, online, via the web or over the phone. It can be redeemed against ...
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Globoforce adds social media and mobile enhancements to employee recognition programme
Globoforce has added new social media and mobile enhancements to its employee recognition programme.The enhancements were designed to give HR professionals more flexibility and control over the nomination and reward redemption process.The enhancements include: A mobile application that features an employer’s continuous social feed to provide visibility into the organisation’s ...
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The Co-operative Group to offer free flu jab to 100,000 employees
The Co-operative Group is offering more than 100,0000 employees a free flu jab to minimise absence from colds and flu.The staff, who work in more than 4,500 locations across the UK, will be offered the vaccination either at 42 workplace clinics or via 400 of The Co-operative Pharmacy’s branches.The Co-operative ...
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Officebroker.com research: Office workers would take pay cut over losing colleagues
Nearly two-thirds (62%) of office workers would rather take a pay cut than see a colleague lose their job, according to research by Officebroker.com.The additional 38% said they would rather see their colleagues sacked in order to maintain or increase their current salary.To increase their earnings, respondents also said:48% would ...
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Santander hosts employee run as part of global engagement programme
Santander employees have participated in a 110-mile charity run as part of a global initiative to raise awareness of the bank’s values.Sixty employees from 16 different countries ran from London to the bank’s main office in the East Midlands. The race is part of the ‘Santander is you’ global engagement ...
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VocaLink research: Pay levels fall in private sector but grow in public sector
Pay levels in the private sector have fallen for the third consecutive month, while public sector pay levels have seen their highest growth this year, according to the VocaLink take-home pay index.Take-home pay in the private sector fell from 2.7% in August to 2.2% in September, while take-home pay in ...
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UBS appoints Barnett Waddingham for administration and actuarial services for longevity swaps
UBS has appointed Barnett Waddingham to provide administration and actuarial oversight services for its longevity swaps.The appointment has been made as the investment bank looks to extend its offering to the growing market for longevity swaps, helping large pension schemes hedge the risks of paying out for longer to ageing ...
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University of Lincoln named employer of the year at CIPP awards
The University of Lincoln has been awarded employer of the year at the Chartered Institute of Payroll Professionals’ (CIPP) eighth annual Payroll and Pensions Excellence Awards.Other winners included:Payroll/pensions individual of the year – Rebecca Gargini Hill, payroll administrator at Fourth HospitalityManager of the year – Paul Hughes, Howden JoineryInnovation award ...
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Aon Hewitt research: Staff believe employers view engagement surveys as tick-box exercises
The majority of employees across the UK and Europe believe their employers view employee engagement as a tick-box exercise, according to research by Aon Hewitt.Managers: your strongest or weakest link in driving employee engagement? found that only 18% of employees surveyed strongly believe that engagement survey results will be acted ...
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MetLife Assurance research: Staff in DB schemes are fearful of switching jobs
Nearly 40% of employees in defined benefit (DB) pension schemes would be reluctant to move to a new job for fear of damaging their retirement savings, according to research by pensions risk transfer provider MetLife Assurance.More than six out of 10 workers would be deterred from moving jobs to an ...
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West Midlands Police Authority launches eyecare scheme
West Midlands Police Authority will introduce an eyecare scheme, providing its police forces with prescription safety glasses and visual display unit (VDU) glasses.The scheme will be provided by Specsavers Corporate Eyecare.Safety spectacles will be provided for police officers, police community safety officers (PCSOs) and special constables.Prescription spectacle inserts will be ...
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Aegon launches mobile app for 2012 pension reforms
Aegon has launched a mobile application to support employers through the 2012 pension reforms.The Pensions Reform Planner app can be downloaded for free from the Apple store, by scanning a quick response (QR) code, or through the Aegon pension reforms website.The calendar-based app highlights key dates for the pension reforms. ...
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Xafinity Corporate Solutions research: UK pension scheme deficits reach record low
The aggregate deficit of corporate pension schemes in the UK has reached a record low in 2011, now standing just above £300 billion, according to research by Xafinity Corporate Solutions.Based on assumptions at the end of September 2011, total liabilities across occupational pension schemes have now fallen below £1.3 trillion.Hugh ...