All articles by Jennifer Paterson – Page 135

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    Aon Hewitt research: Salary increases to rise but still below inflation

    2011-09-20T10:16:39Z

    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 ...

  • Article

    Allen and Overy staff to split £420m pay pool

    2011-09-19T10:03:43Z

    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

    2011-09-19T09:35:27Z

    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

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    The Voucher Shop research: Paper vouchers still popular in reward and incentive schemes

    2011-09-19T09:30:00Z

    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

    2011-09-16T09:47:18Z

    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 ...

  • Article

    Cripps Harries Hall reduces medical costs with healthcare trust

    2011-09-16T09:47:00Z

    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%

    2011-09-16T09:42:12Z

    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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    Field Fisher Waterhouse research: Employee-owned organisations are underperforming

    2011-09-15T09:54:00Z

    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 ...

  • Article

    Domestic and General hosts health and wellness day

    2011-09-15T09:52:06Z

    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 ...

  • Article

    EXCLUSIVE: Bluefin introduces auto-enrolment reports for employers

    2011-09-14T09:46:20Z

    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 ...

  • Article

    TUI Travel rolls out volunteering programme

    2011-09-14T09:43:54Z

    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 ...

  • Article

    Squire Sanders Hammonds launches employment law application

    2011-09-14T09:39:32Z

    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 ...

  • Article

    Aon Hewitt appoints Mike Curtis to its reward and engagement team

    2011-09-14T09:36:50Z

    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 ...

  • Article

    CIPP research: Pension schemes ranked as most offered benefit

    2011-09-13T09:21:45Z

    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 ...

  • Article

    Deloitte research: Executive directors see salary rises in 2011 after two-year pay freeze

    2011-09-12T09:55:36Z

    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 ...

  • Article

    Allen and Overy research: Employers may terminate contracts to curb costs of the Agency Workers Regulations

    2011-09-12T09:48:47Z

    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 ...

  • Article

    Centre for Policy Studies report: Hutton’s public sector pension proposals not sustainable

    2011-09-09T10:02:38Z

    Full implementation of Lord Hutton’s proposals for public sector pensions will not be sustainable, according to a report by the Centre for Policy Studies.The £100 billion negotiations, by Michael Johnson, research fellow at the Centre for Policy Studies, puts forward proposals on how the coalition government should pursue negotiations, which ...

  • Article

    Fujitsu staff vote to strike over pay

    2011-09-09T09:58:43Z

    More than 1,000 Fujitsu employees have voted for strike action in a dispute over a below inflation pay offer and a failure to implement previous pay agreements.The majority of Fujitsu members of the Public and Commercial Services (PCS) and Unite unions voted in favour of strike action. The joint action ...

  • Article

    Punter Southall launches pensions auto-enrolment product

    2011-09-09T09:57:09Z

    Punter Southall has rolled out an interactive auto-enrolment product to help employers understand the cost implications of the 2012 pension reforms.The tool, PS Prepare, offers projections which show total costs, but can also be broken down by grade or segmentation categories (age and income group, for example), enabling employers to ...

  • Article

    Waterstone’s will not extend pay rise to staff in legacy contracts

    2011-09-08T09:54:03Z

    Around 100 of Waterstone’s employees will not receive a 3% pay rise given to the rest of the workforce.The 100 employees are being left out because they are currently on legacy contracts, rather than the consolidated company-wide contract.A spokesperson from Waterstone’s said the consolidation process was undertaken several years ago ...