All articles by Jennifer Paterson – Page 188
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CDHT launches healthcare cash plan
Chester and District Housing Trust (CDHT) has launched a healthcare cash plan for its 275 employees.For the past four years, CDHT has held health clinics four times a year and provided an occupational health unit onsite once a month, but the healthcare cash plan is the first it has implemented.The ...
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National Trust offers stressed city workers bottled fresh air
In response to new research that shows 74% of UK urban workers feel stressed on a daily basis, the National Trust is handing out fresh air that has been bottled at some of the country’s favourite outdoor venues.The National Trust is offering 100 bottles of fresh air in recycled glass ...
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Public sector pension payment projections will rise to £79bn by 2060
Projections of payments across all UK public sector unfunded pension schemes show total payments rising to more than £79bn a year by 2059-60.The findings, from a report conducted by the National Audit Office (NAO), are expressed in terms of constant 2008-09 prices before allowing for income from employee contributions.Estimates of ...
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I-level revamps reward offering
A new employee benefits scheme launched by digital communication agency I-level has garnered a 99% approval rating from employees.As well as traditional benefits such as holiday, dental and health cover, the new scheme, which is provided by Thomsons Online Benefits and called I-benefit, includes half-days off on birthdays, wild card ...
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Virgin Atlantic staff climb Mount Kenya to raise money
Sixty Virgin Atlantic staff have climbed Mount Kenya, raising over £35,000 to support the airline’s adopted Kenyan village.Steve Ridgway, chief executive for Virgin Atlantic, said: “I am very proud to see that so many staff took part in this gruelling challenge.The fact that so many of them completed the climb ...
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Bank of America employees to donate time to charity
Almost 300 Bank of America employees will take to the company’s Europe Card Services’ (ECS) call centre phones to collect donations for Sports Relief.The response to be a part of the sporting charity event, which will take place on Friday 19 March, was so overwhelming that the Bank of America ...
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Woolworths trustee appoints Capita Hartshead for PPF transition
The trustee of the Woolworths Group pension scheme has appointed Capita Hartshead to guide the scheme through the Pension Protection Fund (PPF) assessment.This process will be carried out by the firm’s specialist discontinuance service team, which is currently guiding roughly 100 pension schemes through the winding-up process.Kenneth Donaldson, Capita Hartshead’s ...
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CN Group appoints Punter Southall to provide pension services
The CN Group has appointed consulting actuaries and administrators Punter Southall to provide all pension scheme services.The selection took place through a competitive tender process.Serving the newspaper group's two defined benefit (DB) schemes, which total £21m and boast 650 members, Punter Southall will provide actuarial, administration, benefit consultancy, trustee secretarial ...
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Rugby Football Union to offer corporate gift cards through SVM
Gift card provider SVM Europe has added the Rugby Football Union (RFU) to its portfolio of providers.The Rugby Store gift card, operated by the RFU, can be used to purchase merchandise via RFUdirect.com or at the Twickenham Stadium and town centre stores.Jane Barron, licensing and marketing manager at the RFU, ...
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MPs’ salaries to rise 1.5%
Members of parliament will get a rise of nearly £1,000 in their basic salary from 1 April, increasing their pay to £65,737 a year.A more generous pay rise was recommended by Bill Cockburn, the chair of the senior salaries review body (SSRB), as part of the annual review of public ...
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Staff salaries see highest growth in 20 months
The rate of inflation of permanent staff salaries accelerated to a 20-month high in February, according to February’s Report on Jobs published by the Recruitment and Employment Confederation (REC) and KPMG.The report also found employees are able to demand higher levels of pay. In some cases, these higher salaries were ...
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Tata named national employee savings trust administrator
The Personal Accounts delivery Authority (Pada) has confirmed that Tata Consultancy Services (TCS) will administer the national employment savings trust (Nest).The contract, which will be signed later this month, is divided into two stages and runs for 10 years, with possible extensions for up to five more years. The first ...
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Staff earning £100k or more to be hit by higher tax from 6 April
The looming increase in income tax rate to 50% for the higher paid will lead to a decrease in employee salaries and bonuses paid after 5 April.Also affected are pensions and other fixed incomes due to be paid after 5 April, an increase in the employee national insurance rate, and ...
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Employee-owned companies outperform all-share companies
Employee-owned companies outperformed those from the FTSE all-share index in 2009. The employee-owned firms boasted a 54.4% share price rise compared to 25% increase among the FTSE cohort, according to the UK Employee Ownership Index (EOI) report, published by law firm Field Fisher Waterhouse.Analysis of the last decade shows that ...
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Killik Employee Services launches financial education website
Killik Employee Services (KES) has launched a workplace financial education website called Money in Mind. This enables employers to provide their workforce with straightforward information, tools and an online virtual advisor to improve their personal financial capabilities.Peter Leach, director of Killik Employee Services, said: “Money in Mind is the one-stop ...
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Northumbrian Water introduces salary sacrifice car scheme
Northumbrian Water has introduced a contract hire scheme and salary sacrifice arrangement for its company cars.The water and waste company, which has a fleet of 350 company cars, previously operated an employee car ownership scheme.Its salary sacrifice scheme forms part of the company's flexible benefits plan, which is available to ...
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Employers do not meet green intentions around cars
Although 60% of fleet managers believe reducing the environmental impact of their company cars is very important, only 27% actually have policies in place to do something about it, according to new research from the Energy Saving Trust.The research, which includes information from 331 companies in England and Wales, provides ...
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Back-up childcare positively affects employees’ productivity
Back-up childcare enhances job performance and reduces absenteeism, according to research conducted by Bright Horizons Family Solutions.The report, titled The Lasting Impact of Employer-Sponsored Back-Up Child Care, surveyed the employees of 14 organisations to ascertain the impact back-up childcare has on staff work focus and job satisfactionFindings included:93% said back-up ...
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Accor Services relaunches childcare voucher scheme
Accor Services has relaunched its information and advice services by splitting its Familylife Solutions advice line into two separate lines: one offering general family advice and the other offering advice in sourcing childcare.Parents who receive Accor Services’ childcare vouchers will now have access to the two advice lines, which are ...
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Majority of employers say fit notes will not reduce absence
Only 22% of employers believe that fit notes will help to reduce absence levels while 38% believe the fit note will create more problems than it solves.According to a survey conducted by Kronos, the workplace management company, which polled 1,400 private and public sector employers:35% are still unaware that the ...