All articles by Jennifer Paterson – Page 50
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Article
Employers will still be involved in childcare voucher provision
Julian Foster, spokesperson at the Childcare Voucher Providers Association (CVPA) and managing director of Computershare Voucher Services, said: “For any employer with an existing childcare voucher scheme, it won’t be taken away when the new scheme is introduced.“Anybody in the existing scheme can continue on the same terms, but the ...
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Analysis
What employers need to know about DC governance post auto-enrolment
If you read nothing else, read this …A good starting point from which to consider a high-quality, long-term DC pension is The Pensions Regulator’s Six principles for good workplace DC.Employers should consider setting up a governance committee to monitor the scheme.It is important for employers to keep track of opt-outs, ...
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Analysis
Workplace savings report – September 2013
It includes the following articles:Padraig Floyd: The impact of financial educationHow to measure the impact of financial education programmesQuirky schemes to help employees saveFinmeccanica offers staff award-winning pension investment choicesHow popular are pension scheme guarantees?Read more articles around workplace savings
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Article
UK gender pay gap among the highest internationally
The UK gender pay gap is among the highest among 20 industrially developed countries, according to research by Warwick Business School, the University of Cambridge and Lakehead University in Canada.The report,The dimensions of occupational gender segregation in industrial countries, which was published in the journal Sociology, compared the degree to ...
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Article
Mitie Group hosts onsite relaxation massages
EXCLUSIVE: Mitie Group has hosted its monthly onsite massage for employees at its 24seven call centres.The onsite massage, which was introduced at its Bristol office two years ago and at its Leeds office in August 2012, is aimed at ensuring the phone operatives in its 24seven division take breaks to ...
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Article
Peugeot Citroen promotes Stephanie Palmer
Her previous role was head of reward and development, which she had held since April 2011.Other roles at the car manufacturer have included management development co-ordinator and personnel officer.She has also been HR adviser at Rolls-Royce.
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Article
New HR role for Amex's Sarah Perkins
She was previously employee health and wellbeing manager at the credit card firm.In 2013, Perkins was chosen as one of Employee Benefits’ Hot 100 Benefits managers.
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Article
Novartis appoints Tim Robertson head of reward
His previous roles in the industry include: senior reward manager at Santander; senior reward manager at Barclaycard; Europe, Middle East and Africa (EMEA) compensation and benefits director at American Express; UK reward manager at Ericsson; and compensation and benefits analyst at GlaxoSmithKline.
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Article
Baker Hughes appoints Angela Harris
She joined the organisation in 2010 as compensation and benefits manager for the UK and Norway.Harris said: “After a review of the responsibilities of the reward function, a bigger position was created for a total rewards manager for Europe.“I am now looking forward to transferring my skills and knowledge, plus ...
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Article
HSBC appoints Rob Green to interim post
His previous roles include: interim compensation and benefits manager at Amazon; interim global compensation project manager at Reckitt Benckiser; European compensation manager at Coca-Cola; and international compensation and benefits manager at GlaxoSmithKline.
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Article
Lorica to launch financial management product
EXCLUSIVE: Lorica Employee Benefits is to launch a money portal, which aims to help employees manage their personal finances and employee benefits.The system aggregates an employee’s personal finance-related products and services, such as credit cards, bank accounts, mortgage payments and standing orders, alongside their employee benefits.The technology, which is being ...
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Article
Royal Mail managers vote against pension proposal
Almost one third (27%) of Royal Mail managers that turned out for a consultative ballot by trade union, Unite, voted against proposed reforms to the organisation’s defined benefit (DB) pension scheme. According to Royal Mail, around 5,660 of Royal Mail’s 8,300 managers are Unite members, and 50% of these members ...
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Article
Gender pay and bonus gap remain strong
Male managers earned average bonuses twice as big as those of their female counterparts over the last 12 months, according to research by the Chartered Management Institute (CMI).Its annual National management salary survey, conducted with XpertHR and including data from more than 43,000 UK workers, found that average bonuses for ...
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Article
More SMEs are prepared for auto-enrolment
More than a quarter (27%) of medium employers have drawn up pensions auto-enrolment plans and started to act on them, compared to 13% in autumn 2012, according to research by The Pensions Regulator.Its Employers’ awareness, understanding and activity relating to auto-enrolment research, which questioned 639 employers that are due to ...
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Article
Consultation launched on longevity risk
The Bank of International Settlements has launched a consultation on the longevity risk transfer (LRT) market.The consultation, Longevity risk transfer markets: market structure, growth drivers and impediments and potential risks, said that longevity risk, the risk of paying out pensions and annuities for longer than anticipated, is significant when measured ...
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Article
Serco staff to strike over pay and conditions
Serco employees, who are former members of the Gurkha Regiment, have voted for industrial action over cuts to their pay and conditions.More than 100 members of the union GMB voted in an official ballot to take strike action.The 100 employees are part of a contract, won by Serco in January ...
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Article
EU bonus cap will cause talent exodus
More than nine in 10 (93%) respondents expressed concern about losing talented staff to international opportunities as a result of the EU bankers’ bonus cap, according to research by Robert Half Financial Services.Its research, which surveyed 100 UK executives at financial services firms, found that 38% are ‘very concerned’ and ...
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Article
Aon Hewitt appoints Mark Bloodworth
Aon Hewitt has appointed Mark Bloodworth (pictured) area director for Leeds in its benefits solutions team.Bloodworth has 25 years’ experience in the insurance sector, specialising in aligning employers’ business objectives with their benefits strategy.He was previously a client partner at Capita Employee Benefits, where he led the organisation’s pensions auto-enrolment ...
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Article
Biochemical Society to host onsite massages for staff
EXCLUSIVE: The Biochemical Society will host an onsite massage day for its 70 employees at the end of September.The employer-paid benefit, which is provided by On Site Massage, is offered to employees four times a year. It was launched more than 10 years ago with Indian head massages, while acupressure ...
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Article
Xactly to partner SAP for incentive compensation product
Xactly Corporation is to partner SAP to launch an integrated incentive compensation management product.The Xactly Incent, a cloud-based incentive compensation management product, will be integrated with SAP’s Cloud for Customer products, which include desktop and mobile products for sales staff.The integrated product aims to help employers maximise their sales effectiveness ...