All articles by Jennifer Paterson – Page 42

  • Article

    48% will stay in pension post-auto-enrolment

    2013-10-17T08:30:00Z

    Almost half (48%) of respondents will remain in their employer’s pension scheme once they have been auto-enrolled, according to research by information specialist EDM Group.Its research, which surveyed 1,586 employees, found that less than a quarter (23%) have either immediately opted out of their employer’s pension scheme post-auto-enrolment or plan ...

  • Article

    UnitedHealth Group rolls out global benefits portal

    2013-10-16T11:26:00Z

    UnitedHealth Group has launched an online platform to manage and communicate benefits to its employees based in the UK and the Philippines.The US healthcare group, which employs 133,000 staff worldwide, will use the Darwin platform, administered by Thomsons Online Benefits, to streamline benefits administration, governance and compliance across several regions.The ...

  • ONS-PayFigures-2013
    Article

    Pay rises higher in private sector

    2013-10-16T11:12:00Z

    Average weekly earnings for the private sector increased by 1.1% year on year, while average weekly earnings for the public sector fell by 0.5%, when comparing June to August 2013 with the same period in 2012, according to the latest figures by the Office for National Statistics (ONS).The Labour market ...

  • Article

    Shell staff most active in Europe

    2013-10-15T11:32:00Z

    Shell has been named the most active organisation in Europe by the Global Corporate Challenge (GCC).The global oil and petrochemical company was chosen because nearly 14,000 employees across 34 countries took part in the 2013 GCC, an addition of 12 countries on its participation in 2013.The Global Corporate Challenge is ...

  • Article

    Direct Line Group appoints George Makris

    2013-10-15T03:58:00Z

    He was previously senior manager, executive remuneration at Deloitte.Makris had previously worked at Hay Group in a range of consultant roles, including senior consultant, executive remuneration and benefits.He also spent a year as corporate governance analyst at ISS and research analyst at Manifest.

  • Article

    Interview with Debi Povey, head of reward, Bwin.Party

    2013-10-14T14:49:00Z

    While she was collating a series of job descriptions during an HR restructure, she caught sight of a description for a reward analyst’s job and decided to apply for it.“They didn’t offer me the job, but I started working as a PA for the head of compensation and benefits with ...

  • Article

    Government announces auto-enrolment changes

    2013-10-14T11:20:00Z

    The Department for Work and Pensions has announced new changes to auto-enrolment legislation, which are aimed at making it easier for future tranches of employers to enrol their employees into a pension scheme.The government received 112 responses to its consultation launched in September 2012 and has now finalised amendments to ...

  • Article

    East Coast Mainline launches phone scheme

    2013-10-14T11:18:00Z

    EXCLUSIVE: East Coast Mainline has launched a smartphone and computer scheme for its 3,000 UK employees.Since its launch in mid-September, 550 staff have taken up the offer. John Hayhurst, head of HR at East Coast Mainline, said: “It has been a real surprise. We knew it was going to be ...

  • Article

    UK pension system not fit for purpose

    2013-10-14T11:01:00Z

    The UK pension saving system is out of date and not fit for purpose at a time when retirement prospects in the UK are more uncertain than ever, according to a report by independent pensions expert Dr Ros Altmann (pictured) and sponsored by MetLife UK.The Pensions – time for change ...

  • Article

    Kodak Pension Plan to set up new DB scheme

    2013-10-11T11:33:00Z

    The Kodak Pension Plan (KPP) is to launch a new defined benefit pension scheme for its members.Almost all (92%) of the previous scheme’s members voted in favour of the establishment of the new plan, while less than 1% voted to enter the Pension Protection Fund (PPF) and 7% have yet ...

  • Article

    2 Sisters Food Group to launch voluntary perks

    2013-10-11T11:30:00Z

    2 Sisters Food Group is to launch a voluntary benefits plan, an employee assistance programme (EAP) and an online health assessment programme in November 2013.The benefits, which are provided by Personal Group, will be available to the food manufacturer’s 24,000 employees at 47 locations around the UK.The scheme will also ...

  • Article

    JLT Employee Benefits completes DB pension buy-in

    2013-10-11T11:29:00Z

    JLT Employee Benefits has completed a buy-in contract with Prudential for its defined benefit (DB) pension scheme.The JLT UK Group Pension Scheme, which has liabilities of £120 million, has purchased an annuity to secure future benefit payments, reducing the volatility of the scheme’s projected funding requirements.The scheme has around 4,000 ...

  • Article

    Public sector pay still higher than private sector

    2013-10-11T11:23:00Z

    Public sector employees in the north east, Merseyside and south west of England earn as much as £3,200 more than their equivalents in the private sector, according to analysis by think tank Policy Exchange.Its report, which analysed the Office for National Statistics’ Labour force survey, published between January and March ...

  • Article

    94% offer annual bonuses to staff

    2013-10-11T11:18:00Z

    The vast majority (94%) of respondents offer an annual bonus to a broad range of their employee base, according to research by Towers Watson.Its research, which surveyed 120 employers, found that, despite challenging economic conditions, respondents said bonus payouts have remained at, or near, target levels over the past few ...

  • Article

    Mills & Reeve aligns auto-enrolment with flexible benefits

    2013-10-10T11:23:00Z

    EXCLUSIVE: Mills and Reeve has aligned pensions auto-enrolment with its annual flexible benefits enrolment window.The law firm has 888 UK employees, but will also include 80 new employees who are part of the June 2013 merger with law firm George Davis.Samantha Neaves, reward and HR information systems manager, said: “Following ...

  • Article

    BT and Unilever focus on depression at work

    2013-10-10T11:22:00Z

    Large European employers, such as Barclays, BT Group, Deutsche Post DHL, Royal Mail Group and Unilever, have launched an initiative to combat the impact depression and its cognitive symptoms have in the workplace.The employers, which collectively employ more than 600,000 employees in Europe, have formed a steering committee, called Targeting ...

  • Article

    Ardagh Group staff accept pay deal

    2013-10-10T11:20:00Z

    Ardagh Group employees have accepted a 6% pay rise over two years.Staff at the packaging organisation’s glass sites in Yorkshire and Scotland, who are members of the union Unite, have voted in favour (80%) of accepting the pay rise, which is an improvement on the 5.5% that had previously been ...

  • Article

    Pay inflation at highest level since 2008

    2013-10-10T11:20:00Z

    Permanent salary inflation increased in September, reaching its sharpest growth since February 2008, according to research by the Recruitment and Employment Confederation (REC) and KPMG.The Report on jobs, which draws on original survey data provided by recruitment consultancies, found that temporary pay inflation also accelerated, with the latest rise only ...

  • Article

    Almost 600,000 Londoners stuck in low pay

    2013-10-10T11:20:00Z

    Almost 600,000 Londoners, equivalent to one in seven employees, have been stuck in low pay for at least a year, according to research commissioned by Trust for London and carried out by the Centre for Economic and Social Inclusion (CESI).Its Work in progress report, which surveyed more than 100 employment ...

  • Article

    Pg 16-17 – Interactive – The month in numbers

    2013-10-09T15:55:00Z

    3,000 – The number of Mitie Group employees in its latest sharesave scheme (see Mitie Group integrates employee benefits across businesses).£182 – The amount per week an employee must be earning to be auto-enrolled into a workplace pension (see The challenges of auto-enrolling weekly-paid employees).6 – The number of management ...