All articles by Jennifer Paterson – Page 24
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Article
1,500 BSkyB staff receive sharesave payout
EXCLUSIVE: Around 1,500 BSkyB employees will share a payout after the organisation’s three and five-year sharesave scheme matured in January 2014.The sharesave schemes reached maturity in January, when BSkyB’s share price stood at 888.75p.This marks a substantial gain for members of the schemes, which were launched in 2008 and 2010 ...
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Article
Asda staff to share £27.8m bonus
Employees at Asda stores and depots are to share an annual bonus payout of £27.8 million.Nearly 143,000 employees with more than six months of service at the supermarket chain will receive a bonus of up to £320 on 28 February.More than 14,000 employees from Asda’s best performing stores will enjoy ...
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ArticleLow Pay Commission recommends 3% minimum wage increase
The Low Pay Commission has recommended that the adult minimum wage should be increased by 3% on 1 October 2014, from £6.31 to £6.50.The Executive summary of the Low Pay Commission 2014 report stated that this could increase the number of jobs covered by the minimum wage by more than ...
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ArticleUK staff work £33bn worth of unpaid hours a year
More than 5.4 million employees put in around £640 million worth of unpaid hours every week in 2013, amounting to £33 billion worth of unpaid hours a year, according to research by the Trades Union Congress (TUC).Its research, which was released to coincide with annual Work Your Proper Hours Day ...
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AnalysisHow to implement a cost-efficient global mobility programme
If you read nothing else, read this …A multinational employer requires a centralised policy or set of guidelines to underpin its global mobility programme .Employers must consider how they will pay expatriate staff and which benefits they will use to support them. Employers should assess the value of outsourcing tax ...
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AnalysisWhich global mobility services do respondents outsource?
Source: Managing the global mobility function 2013 , published by the Forum for Expatriate Management in September 2013
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Case StudiesLloyd’s Register to centralise global mobility service
Selina Jones-May, head of global mobility at Lloyd’s Register, started the process in April 2013 and has been process-mapping all of the global mobility function.An integral part of the process was to obtain approval from the organisation’s executive committee by submitting a robust business case, which included models of the ...
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Article
Ladbrokes to link exec bonuses to responsible gambling
Ladbrokes is to link executive bonuses to its clampdown on problem gambling.In its Preliminary results for the year ended 31 December 2013, the bookmaker stated it will establish a committee, which will report to the main board, to oversee a formalisation of a number of responsible gambling performance measures into ...
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ArticlePay growth does not secure staff retention
There is little evidence that countries with high real-wage growth (salary increases minus inflation) are able to use that to secure higher levels of employee retention, according to research by Towers Watson.Its General industry compensation survey report found that, in 2013, the highest levels of employee attrition (the percentage of ...
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ArticleIntergenerational pay gap grows 50%
The pay gap between the over-50s and under-21s has grown by 50% in the past 15 years, according to a report by the Intergenerational Foundation.Its Squeezed youth: the intergenerational pay gap and the cost of living crisis report, which analysed government data, found that wages for those aged between 18 ...
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Article
Employers must support staff with mental health issues
Its Mental health and work: UK report made a series of recommendations, including that employers should get much more involved in supporting employees with mental health issues.Dame Carol Black, expert adviser on health and work at the Department for Health, said: “Of all the messages that I take from that ...
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Article
Bank of America Merrill Lynch launches health seminar
EXCLUSIVE: Bank of America Merrill Lynch has launched a weight management seminar for employees.Its ‘Weight a minute’ session, held on 30 January, was presented by the bank’s onsite health services dietician.The session focused on combining healthy eating with fitness and advice, and how this impacts overall wellbeing.More than 100 participants ...
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ArticleJanine Sparks moves to Southern Water
Southern Water has appointed Janine Sparks head of reward and performance.With more than 25 years’ experience in the reward and benefits industry, Sparks has spent the past five years as senior reward manager at British Airways.Her other previous roles include head of reward at Lloyds TSB Asset Finance and personnel ...
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Article
Allied Irish Bank appoints Alison Kanabe
Previously, she spent nearly two years at Google as head of employee benefits and policy for Europe, the Middle East and Africa (EMEA).Kanabe’s other past roles include executive director, head of employee benefits and employee engagement, EMEA at Morgan Stanley, pensions manager at Towers Watson, and pension specialist at Arthur ...
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Article
EY appoints Mark Shelton
He will be responsible for advising HR directors and remuneration committees of multinational and private sector organisations on all aspects of pay and remuneration structures.With more than 20 years’ experience in the industry, Shelton previously worked as a managing director at Towers Watson, where he was co-head of the global ...
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Article
Vodafone appoints Gemma Dainty
Her previous job was regional total reward lead, Europe, Middle East and Africa at Lockheed Martin.Dainty has also been international benefits manager at the international division of Discovery Communications, group reward adviser at Tullow Oil, and reward and benefits adviser at Linklaters.
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ArticleSouth Kesteven council hosts benefits presentations
South Kesteven District Council (SKDC) is holding a series of presentations for 600 employees across five sites in Lincolnshire to promote its employee discounts scheme.More than a third (39%) of staff signed up for the Network Benefits scheme in the first month following its launch in December 2013.The council offers ...
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ArticleWellbeing benefits lead to higher employee satisfaction
More than half (51%) of respondents said the health and wellbeing benefits offered by their employer improve their overall job satisfaction, according to research by Investors in People.Its research, which surveyed 3,009 full-time employees, found that the opportunity to work flexible hours (43%) was the top health and wellbeing benefit ...
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ArticleReview body sets out recommendations on teachers’ pay
The School Teachers’ Review Body (STRB) has set out its recommendations on the structure of teachers’ pay, with particular focus on pay for leadership roles.Its 23rd report, 2014 sets out the STRB’s analysis of evidence and makes recommendations on head teachers’ pay, allowances, and terms and conditions.On leadership pay, its ...
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Article
City University London to pay living wage
City University London is to pay at least the London living wage on the renewal of third-party contracts, which includes those for cleaning and catering employees.The university’s permanent employees are all paid above the London living wage, which was increased to £8.80 an hour from 4 November 2013.Professor Paul Curran, ...