All articles by kscott – Page 114
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Article
TalkTalk promotes Dickinson
Telecommunications organisation TalkTalk has promoted Mark Dickinson to chief people officer.In his new role, Dickinson will have responsibility for the overall HR strategy. This will include overseeing a cultural development programme designed to boost employee engagement with the organisation's values and purpose. In addition, Dickinson will work to promote flexible ...
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Article
Swift joins Whitbread
Wendy Swift has joined hospitality organisation Whitbread as interim head of UK reward and performance.Swift specialises in executive reward, long-term incentives, pensions, pay and bonus frameworks, flexible benefits, and recognition.Swift's previous experience includes interim head of reward at Simplyhealth, and interim head of reward integration at Dixons Carphone. She is ...
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Article
Hoover pension proposal receives regulatory approval
The Pensions Regulator (TPR) has approved a regulated apportionment arrangement (RAA) for appliance retail organisation Hoover's pension scheme.The proposal will see Hoover pay £60 million into the Hoover (1987) Pension Scheme (HPS). The scheme will also gain ordinary shares in Hoover, representing a 33% stake.The pension scheme, which has 5,319 ...
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Article
FTSE 350 defined benefit pension deficit falls to £134bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 organisations fell from £145 billion at the end of April 2017 to £134 billion at 31 May 2017, according to research by Mercer.Its Pensions risk survey, which is based on projections and analysis of FTSE 350 ...
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Article
Nuclear Decommissioning Authority staff to vote on pensions deal
Nuclear Decommissioning Authority (NDA) employees who are members of trade unions GMB and Unite are to vote on proposals to replace the government organisation’s current final salary pension scheme with a career average revalued earnings (CARE) arrangement.The consultative ballot will open on Monday 12 June 2017 and close on Friday ...
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Article
Financial Services Compensation Scheme and X4 Group shortlisted for employee value proposition
Compensation fund organisation Financial Services Compensation Scheme and recruitment organisation X4 Group have been shortlisted in the best employee value proposition category at the Employee Benefits Awards 2017.This award celebrates employers that have developed an engaging, effective and relevant employee value proposition for their staff.The full category shortlist is:Financial Services ...
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Article
Davidson takes on reward at Three
Jenny Davidson has been hired as interim head of reward at telecommunications organisation Three.Davidson's areas of speciality include benefits programmes, European pensions design and legislation, and executive and non-management short-term incentive plans.Davidson has previously held roles such as interim head of reward at Virgin Atlantic, group reward director at Dixons ...
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Article
Digby joins Gardner Leader
Lynn Digby has joined law firm Gardner Leader as HR manager.In her new role, Digby will be responsible for supporting staff across three Berkshire-based offices with HR matters. This will include the recruitment and induction process, career development opportunities, and holiday management.Previously, Digby worked as HR manager at Charles Lucas ...
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Article
EXCLUSIVE: University of Lincoln launches new benefits platform
EXCLUSIVE: The University of Lincoln has launched a new employee benefits platform for its 1,700 core staff and 1,500 claims workers (who claim for hours worked rather receiving regular earnings).It introduced its Linc-On platform, provided by AYMTM, part of Sodexo, on 4 May 2017. The platform has been designed to ...
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Article
HR and recruitment salaries increase by 7.2%
Salaries for human resources (HR) and recruitment jobs have increased by 7.2% over the last 12 months, with an average annual UK salary of £32,821, according to research by Adzuna.Its UK job market report: May 2017, which is based on job vacancy data, also found that the average advertised salary ...
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Article
Google plans luxury London office with roof garden and running track
Something for the weekend: Having the right working environment can do wonders for employee productivity, engagement and motivation, whether that is having a standing desk, being able to attend on-site yoga classes, or having access to a luxury coffee machine for a mid-morning cappuccino. Technology organisation Google has embraced this ...
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Article
Top 10 most read stories this week 25-31 May 2017
The top 10 most read stories on www.employeebenefits.co.uk between 25 and 31 May 2017 were: Employee with 'cattitude' to receive cat-cuddling benefitsEmployee benefits professional of the year shortlist announced British Airways granted leave to appeal in pensions caseEPC-UK launches wellbeing programme and issues fitness devicesEXCLUSIVE: 17% reviewing benefits strategy in ...
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Article
Inchcape Retail UK introduces pay bands and revamps bonus scheme for technicians
Car retailer Inchcape Retail UK has introduced graded pay bands for its 950 UK-based technician staff.The five pay bands, which will be applicable for technicians working across the organisation’s 100 plus retail centres in the UK, have been introduced to create a consistent approach to pay across the business for ...
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Article
Eon to consider closing its defined benefit pension schemes to future accrual
Energy organisation Eon will potentially close its defined benefit (DB) pension schemes to future accrual, which could affect around 3,000 UK-based employees.The organisation is considering the pension scheme closures as part of a review into its final salary and DB arrangements.Eon closed various DB pension plans to new employees by ...
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Article
Private sector staff feel more supported around mental health
Just under half (49%) of respondents working in the public sector felt supported when disclosing mental health problems, compared with 61% of those working for private sector organisations, according to research by mental health charity Mind.Its survey of 15,022 employees, of which 5,746 work in the public sector and 7,191 ...
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Article
Watch Employee Benefits Wired: Supporting financial wellbeing on demand
Employee Benefits Wired: Supporting financial wellbeing is now available to watch on demand. The 30-minute panel discussion can be viewed online anytime on the Employee Benefits video channel. The live panel debate took place on Thursday 25 May 2017 in association with Neyber. The panel included Debbie ...
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Article
Ontario to increase minimum wage to $15 an hour
Canadian province Ontario is to increase the minimum wage to $15 an hour by 2019.The general minimum wage currently stands at $11.40 (£6.60) an hour and is scheduled to rise to $11.60 (£6.69) an hour in October 2017. The government intends to increase this to $14 (£8.08) an hour from ...
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Case Studies
Rolls-Royce merges final salary schemes to reduce governance costs
Luxury car manufacturing organisation Rolls-Royce conducted a pensions change project over 2016 in order to reduce the extensive governance costs of running five defined benefit (DB) pension schemes concurrently.At the beginning of 2016, the organisation had five legacy final salary pension arrangements in place, covering 13,000 current employees. This included ...
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Analysis
How to effectively manage pensions change in an organisation
Need to know:Reasons for pension change projects can vary, for example, an organisation may wish to reduce the costs of its current scheme, or lower the risks involved.Setting corporate objectives around what the organisation wants to achieve with its pension scheme is the first step when deciding on the most ...
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Article
Tribunal rules holiday pay should include compulsory overtime for ambulance staff
An employment tribunal has ruled that compulsory overtime performed by ambulance employees when their shift overruns should be included in holiday pay calculations.In the case of Flowers and Others v East of England Ambulance Trust, ambulance staff brought a claim for unlawful deduction from wages in relation to the way ...