All articles by Jennifer Paterson – Page 5
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ArticleAverage salary growth doubled in June
Average salary growth doubled in June, to a growth rate of 1.7% between May and June from a growth rate of 0.6% between April and May, according to research by Adzuna.co.uk.Its latest UK Job market report found that advertised salaries rose to £32,933 in June 2014, marking the third consecutive ...
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ArticleBank of England consults on bankers' bonuses
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have published two joint consultation papers aimed at improving individual responsibility and accountability in the banking sector.One of the consultation papers, Strengthening the alignment of risk and reward: new remuneration rules, include proposals for the introduction of new rules on ...
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ArticlePSHPC acquires Private Health Partnership
Punter Southall Health and Protection Consulting (PSHPC) has completed its acquisition of the Private Health Partnership (PHP).The transaction follows the purchase of the Yorkshire-based health group from Skipton Building Society for an undisclosed sum.PHP’s staff in West Yorkshire and its businesses in Cheshire and Surrey will be retained.PSHPC now advises ...
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ArticleHutchison 3G appoints Paul Bissell
Hutchison 3G has appointed Paul Bissell head of reward.He was previously head of reward (fixed line) at Vodafone UK and head of reward at Cable and Wireless Worldwide, before it was purchased by Vodafone.Prior to that, Bissell held a range of roles at Nationwide Building Society, including retail training manager, ...
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ArticleEAT to hear three cases on holiday pay
The Employment Appeal Tribunal (EAT) is to hear three cases on holiday pay on 30 July.The hearing follows two recent decisions around holiday pay.In June 2014, the European Court of Justice (ECJ) ruled that an employee who dies with outstanding holiday pay should be paid this after their death.In May ...
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OpinionJo Broadbent: What equal pay legislation means for employers
From 1 October 2014, tribunals will have the power to require employers that lose an equal pay claim to complete an equal pay audit of their workforce.Employers will normally also be required to publish such audits on their website and draw the audit to the attention of staff. The new ...
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ArticleIFS Proshare appoints new head of employee share ownership
IFS Proshare has appointed Alan Scott head of employee share ownership.With more than 40 years’ experience in the industry, Scott’s most recent role was company secretary at Millennium and Copthorne Hotels, where he was responsible for administering the organisation’s employee share ownership scheme.Prior to this, Scott held various positions within ...
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Article40% of global mobility managers spend most time on benefits
Four in ten (40%) global mobility professionals said compensation and benefits for assignees takes up most of their time, according to research commissioned by global mobility firm Santa Fe Group.Its Global mobility survey 2014, which questioned 1,269 HR and in-house mobility professionals in North America, Latin America, Europe, the Middle ...
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ArticleLouise Aston: Should employers include wellbeing policies in annual reports?
The organisations that are doing this best, in terms of public disclosure of employee engagement and wellbeing, have the information in one place. Very often it is in their sustainability report or their corporate social responsibility (CSR) report. The point is that it is positioned in a joined-up, integrated, transparent ...
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ArticleHMRC launches consultation on unapproved share schemes
HM Revenue and Customs (HMRC) has published a consultation on one of the Office of Tax Simplication’s (OTS) share scheme recommendations.Its consultation, Office of Tax Simplification review of unapproved share schemes: marketable security, looks at a recommendation made by the OTS in January 2014 that the government introduce the concept ...
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ArticleJelf Employee Benefits appoints Richard McKinley-Price
Jelf Employee Benefits has appointed Richard McKinley-Price head of benefits management.His role is to develop the benefits proposition, and he will lead the benefits management team delivering flexible benefits, total reward statements and online benefits management to employers.McKinley-Price’s previous roles include senior consultant at Lorica Employee Benefits, flex product manager ...
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ArticleTop discussions via Twitter last month
@BlacklerComms – Tips for those struggling with auto-enrolment @EmployeeBenefit bit.ly/1ueaY1g #autoenrolment #compliance #pension@Littlevangogh – The workplace really does impact employee #wellbeing @EmployeeBenefit bit.ly/1lgBvM0@aspirafinancial – Interesting analysis of the growing importance of employee wellbeing bit.ly/T6bDGy @EmployeeBenefit@JohnSylvester – Why hard data on employee #benefits has become so crucial buff.ly/1l7UnuE via @EmployeeBenefit #HR@HWCLTD ...
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ArticleArthur J Gallagher to acquire Baker Tilly’s benefits business
Arthur J Gallagher has signed an agreement to acquire the assets of Baker Tilly’s employment benefits solutions business for an undisclosed sum.The deal, which remains subject to the satisfaction of certain conditions, includes the acquisition of all Baker Tilly’s employee benefits corporate contracts, the consulting team and partners, the employer-support ...
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Article86% of financial services employers offer salary sacrifice
The majority (86%) of respondents in the financial services sector offer benefits to staff via salary sacrifice arrangements, up from 78% in 2013, according to research by Thomsons Online Benefits.Its 2014 Employee rewards watch financial services research, which surveyed nearly 70 employers that represent 180,000 employees, found that 44% of ...
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ArticleLafarge Tarmac promotes James Roberts
Lafarge Tarmac has promoted James Roberts to head of employee benefits.He previously spent nearly five years as senior manager, pensions and benefits at the construction organisation.He was previously a principal administration manager at KPMG.
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OpinionRicky D’Ash: The long road to pensions wind-up
Often there are deficits to make good, as well as the various fees to maintain the scheme from actuaries, consultants, trustees and pension lawyers. It is no wonder that employers want to remove these liabilities from their books as quickly as possible.I am currently involved in the wind-up of three ...
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ArticleShire Pharmaceuticals appoints Gerard Leahy
Shire Pharmaceuticals has appointed Gerard Leahy international benefits lead.He joins the organisation from 3M, where he was compensation and benefits analyst.Leahy’s other previous roles include senior software engineer at SDL, compensation and benefits analyst at State Street Bank and Trust, and managing consultant at Grove Recruitment Solutions.
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ArticleSouthern Water triples bikes for work take up
EXCLUSIVE: Southern Water has tripled take up of its bikes-for-work scheme since it re-launched the benefit in May.Around 100 employees have taken up the scheme, up from 33 staff who signed up for the scheme in 2013.The scheme, which is provided by P&MM, has been re-launched as part of the ...
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ArticleAdidas and Nomura among healthiest employers
Adidas UK, Nomura and Gilead Sciences have been named some of Britian’s healthiest organisations.The annual awards, Britain’s Healthiest Company, which were launched by Pruhealth and Mercer, looked at the health of more than 25,000 employees and the health and wellness facilities provided by 82 employers.It also looked at a number ...