All articles by Jennifer Paterson – Page 139
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Office Angels research: Office managers see 3.6% salary growth
Officer managers were one of the few roles to record positive annual salary growth last month, up 3.6%.The figures, from the Office Angels salary watch report by Office Angels and Mysalarychecker.com, found the average salary for an office manager in July was £29,448, while receptionists recorded the lowest average salary ...
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Adecco research: Employers confused about implications of Agency Workers Regulations
Many employers are confused about the implications of the forthcoming Agency Workers Regulations (AWR), according to research by Adecco.The survey of nearly 500 HR professionals found that respondents were particularly unclear about the impact of temporary workers’ benefits, including holidays and bonus eligibility.Employers are also unclear who is ultimately responsible ...
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Airwave Solutions receives Pension Quality Mark Plus
Airwave Solutions has received the Pension Quality Mark (PQM) Plus from the National Association of Pension Funds (NAPF) for its group stakeholder pension scheme.The provider of communications to the emergency services has had the pension scheme in place since 2007, when it was de-merged from the O2 group of organisations.The ...
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High Pay Commission report: Most FTSE 350 executive directors have formal pension arrangements in place
More than 97% of executive directors in FTSE 350 organisations have formal employer-sponsored pension arrangements in place, yet only one-third of UK private sector employees receive an employer-sponsored pension.The report, Directors’ pensions: in it for themselves?, was compiled by Incomes Data Services for the High Pay Commission using the latest ...
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Badenoch and Clark research: Public sector would rather have pay cut than lose pension
Nearly half (45%) of public sector workers said they would rather see their pay cut than their pension, according to research by recruiters Badenoch and Clark.The research, Re-branding the state: the public sector brand in an age of cuts, stikes and reforms, which polled over 1,000 public sector workers, also ...
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The Isle of Man government appoints Xafinity Claybrook for pension administration
The Isle of Man government has appointed Xafinity Claybrook to administer a variety of public sector pension schemes using its Compendia software.The software will be installed to support 15,500 employees in a number of schemes covering public sector workers in the civil service, health service, teachers and police.Ian Murray, pensions ...
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Record number of employers offering approved share schemes
A record 12,500 UK organisations operated at least one of the four tax-advantaged government share schemes last year, according to the Employee Share Ownership Centre’s (Esop) annual analysis of statistics from HM Revenue and Customs (HMRC).The report, Employee share schemes statistics for 2009-10, published by HMRC on 30 June, showed ...
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Employers forums on age and belief to re-launch as Employers Network for Equality and Inclusion
The Employers Forum on Age (EFA) and the Employers Forum on Belief (EFB) are re-launching as the Employers Network for Equality and Inclusion (ENEI) in October 2011.The new organisation will run as a charity and cover all nine protected characteristics in The Equality Act 2010.It will offer an integrated service ...
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Simplyhealth to purchase Groupama Insurances' UK healthcare business
Healthcare provider Simplyhealth has reached an agreement to purchase the UK healthcare business of Groupama Insurances, subject to the required regulatory approvals.Groupama Healthcare will be rebranded to Simplyhealth following completion of the necessary legal business transfer. It is anticipated this will take between three and six months.Des Benjamin, chief executive ...
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Ellipse appoints Pitmans Trustees to its group life master trust
Group risk insurer Ellipse has appointed Pitmans Trustees (PTL) to its group life master trust.The master trust is a new option Ellipse is offering employers. Previously, organisations would have to set up their own discretionary trust.John Ritchie, chief executive officer of Ellipse, said: “By removing the requirement for firms to ...
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LCP research: FTSE 100 pension scheme deficits plummet
The combined pension scheme deficits of the UK’s biggest organisations plummeted by almost two-thirds in the past year, according to the Lane Clark and Peacock's annual Accounting for Pensions report.The report showed that the aggregate FTSE 100 pension deficit now stands at £19 billion, down from £51 billion the previous ...
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Aegon redesigns pension scheme websites
Aegon has redesigned the websites it provides to employers offering its pension schemes in order to encourage employees to make full use of the information and tools available to them and actively manage their pension.The pension scheme provider has added new sections to the sites providing information to staff who ...
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Atos Origin achieves 60% voluntary benefits take up
Since Atos Origin launched a voluntary benefits scheme on 1 April, it has seen a 60% take-up among its 6,500 UK employees.The information technology firm also revamped its flexible benefits plan, adding an online portal and moving some of its offerings over to the voluntary benefits scheme.The firm decided to ...
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Santander staff raise money for charity
Staff at Santander have taken part in the Brighton Bike Ride to raise money for its charity partner, the British Heart Foundation.The ride, which took place at the end of June, raised over £30,000 for the British Heart Foundation, with 70 Santander employees taking part and the bank matching donations ...
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BNP Paribas harmonises perks after Fortis acquisition
BNP Paribas has harmonised its pension contribution structure, life insurance, flexible benefits scheme and holiday arrangements with Fortis Bank, which it acquired in 2008.When the French bank added Fortis’s 400 staff to its 200,000 global workforce, it took its time to compare the benefits offered by each organisation.Thomas Hiles, reward ...
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Wealth at Work research: Employers to offer support during retirement changes
The majority (85%) of employers will provide some sort of employer-sponsored support using a combination of communications, financial education and/or advice for staff in response to forthcoming legislative changes, according to the Rethink retirement survey 2011 by Wealth at Work.The removal of the default retirement age (DRA), which will be ...
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Bright Horizons partners with the NCT
Bright Horizons has partnered with the NCT to make materials available to employers to provide employees that are preparing for parenthood. The materials include information packs, courses and newsletter articles.Carole Edmond, managing director of Bright Horizons, said: “We know that so many of our nursery families have already benefited, through ...
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Lex Autolease research: Cost of hybrid or electric cars a barrier for employers
Four in 10 financial directors would not pay a financial premium to introduce hybrid or fully electric cars to their fleets, according to research by Lex Autolease.The fleet provider, which polled 100 employers across the UK, also found that just over half (53%) would invest in hybrids and electric cars ...
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Apple Childcare Vouchers expands product offering
Apple Childcare Vouchers has expanded its product offering with the launch of Apple Employee Benefits (AEB).In addition to childcare vouchers, it will now provide discounts, health and wellbeing advice, reward and recognition, and salary sacrifice schemes to employers and their staff.Discounts are available on hotels, flights, clothing, insurance, books, gym ...
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Philips adds electric car to its fleet
Philips has added its first electric car to its fleet.The car, provided by LeasePlan, will be used as an onsite pool car, available to all employees for local journeys.Philips will also be installing a charging post at its UK head office, in association with Easit, a sustainable transport initiative.The post ...