All articles by Jennifer Paterson – Page 47
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Firefighters to strike over pension changes
Firefighters are to take strike action on 25 September over the government’s reforms to their pension scheme.Almost 80% of members of the Fire Brigades Union in England and Wales who were polled voted in favour of industrial action in a ballot earlier in September.The proposed pension changes, which are set ...
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Busy Bees Benefits launches mobile phone scheme
EXCLUSIVE: Busy Bees Benefits is to launch a mobile phone scheme at Employee Benefits Live on 25 and 26 September.The scheme, which is provided via a salary sacrifice arrangement, is designed for employers to help employees save money on their mobile phone bills.Employees will receive tax and national insurance (NI) ...
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LV= revamps auto-enrolment pension communications
LV= has revamped its pension communications as part of its compliance with auto-enrolment.The insurance organisation has launched an online hub called Pensions Village to engage employees with its trust-based defined contribution (DC) pension scheme.It auto-enrolled 600 employees into the scheme, which already had 4.700 active members, on 1 May.LV= worked ...
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Afren, Babcock and Immarsat named for ignoring shareholders
Afren, Babcock and Immarsat are among 10 FTSE companies that have been named for ignoring investor concerns about their remuneration reports.Analysis of the 2013 annual general meeting (AGM) season by the National Association of Pension Funds (NAPF), in the NAPF AGM Season report, found that, while most companies that faced ...
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Auto-enrolment could cost employers £15.4bn
UK organisations are facing £15.4 billion in set-up costs to meet the requirements of auto-enrolment legislation, according to research by independent economic consultancy Centre for Economic Business Research (CEBR) and commissioned by Creative Auto Enrolment.The Finding your way out of the auto-enrolment maze report found that small employers, with between ...
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Pets at Home launches master trust for auto-enrolment
Pets at Home has launched a master trust to comply with auto-enrolment.The pet care retailer, which has 6,000 employees across more than 350 UK stores, began to plan for the legislation in 2011.It invited a number of providers to tender for the scheme, from which it appointed Legal and General.Ryan ...
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Third of City job searchers value pay
Just 29% of respondents chose salary as the most important criteria for selecting a new job, according to research by financial services recruitment firm Empiric.Its research found that 27% of respondents said that having a good work-life balance was their main consideration.It also found that 39% of respondents value having ...
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ADP staff support National Payroll Week
ADP has run a series of events for employees to support National Payroll Week 2013.The events, which ran from 2 to 6 September, included training and advice sessions, an education-themed quiz, and a competition for employees to tell ADP about their more memorable learning experience, in line with the 2013 ...
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Eversheds appoints Jackie Palmer
Law firm Eversheds has appointed Jackie Palmer international head of reward.Previously, Palmer spent eight years at Freshfields Bruckhaus Deringer, where her most recent role was senior manager, compensation and benefits.Her previous roles include compensation and benefits manager at Herbert Smith, HR generalist at Gratte Brothers and graduate recruitment administrator at ...
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Sita appoints Elaine Beavis to European reward role
Sita has appointed Elaine Beavis director of reward, Europe.She previously spent two years at British Gas as reward director.Before that, she was at the Walt Disney Company for 10 years in a range of compensation and benefits roles, and has also held HR roles at Safeway Stores.
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Chiswick Park hosts wellbeing day
EXCLUSIVE: Chiswick Park Enjoy-Work has hosted a health and wellbeing event, which included massages, reflexology, manicures and pedicures.The business park, which houses employers such as Absolute, Disney Discovery, Paramount and Starbucks, hosted the event with wellbeing provider Feel Good.Chiswick Park runs regular health and wellbeing events, which are available to ...
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Unity Trust Bank accredited as living wage employer
Unity Trust Bank has been accredited as a living wage employer.The accreditation is part of the Birmingham-based specialist bank for the social economy’s wider commitment to employees. It has also established an employee share ownership plan, which enables staff to own a stake in the organisation.Living wage employers pay their ...
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Government to make changes to payroll giving
The government has published proposals that aim to make it easier for employers to encourage charitable donations using payroll-giving schemes.Following a consultation that was launched in January, the government is to almost halve the processing time for donations, from 60 to 35 days, which will allow charities to access the ...
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Pay rises for SmallCap execs in line with rest of workforce
The median pay increase for executive directors in SmallCap organisations has been broadly consistent with the rest of the workforce at 2%, according to research by Fit Remuneration Consultants.Its annual FTSE SmallCap executive remuneration survey, which analyses the SmallCap, an index of small market capitalisation companies, found that the number ...
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Panda 'fuel' could power fleets
Something for the weekend …Employers with a strong focus on their corporate social responsibility profile and environmental initiatives might soon be able to provide faeces-fuelled fleets.In Memphis, a pair of pandas are donating their waste to scientific research in the development of biofuels.Professor Ashli Brown, a scientist at Mississippi State ...
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Pg 18-19 Interactive – The month in numbers
23 – the number of categories in the Employee Benefits Awards 2014.4% – the percentage One Housing Group and its employees each contribute to its defined contribution (DC) pension scheme.23 – the number of social clubs that John Lewis Partnership runs for its employees.
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John Lewis pension deficit rises
John Lewis Partnership has seen its defined benefit (DB) pension scheme deficit rise by £86.5 million over the period between 26 January and 27 July 2013.In its Interim financial statements for the half year ended 27 July 2013, the retailer reported that the total accounting pension deficit at that date ...
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Cycle to Work Day highlights benefits of commuting by bike
National Cycle to Work Day is being held today, 12 September.Launched by Cyclescheme and supported by British Cycling, Bicycle Association, Business in the Community and Sustrans, it aims to highlight the benefits of cycling as a means of transport and encourage more people to cycle, more often.Various events are being ...
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Pay continues to rise year on year
Average weekly earnings, excluding bonus payments, rose by 1%, comparing the period between May and July 2013 with the same period a year earlier, according to research by the Office for National Statistics (ONS).Its Labour Market Statistics, September 2013 report found that, in cash terms, average weekly earnings, excluding bonus ...
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The Pensions Advisory Service appoints Cracknell CEO
The Pensions Advisory Service (TPAS) has appointed Michelle Cracknell (pictured) chief executive, from 1 October 2013.Cracknell has more than 25 years’ experience working in pensions and retirement planning. Her experience ranges from self-administered pensions, defined benefit and defined contribution pensions, as well as communication programmes for employees. She said: “I ...