All articles by kscott – Page 166
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Formation Architects launches employee ownership trust
Formation Architects has launched an employee ownership trust.The London-based practice, which has 65 employees, has sold 100% of the shares owned by sole shareholder and former managing director Gordon Thomson to Formation Trustee Limited, the trustee of an employee ownership trust.The sale completed in December 2015, and the trust was ...
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Heathrow Airport and Ovo Energy shortlisted for best total reward strategy
Heathrow Airport and Ovo Energy are among the organisations shortlisted for Best total reward strategy at the Employee Benefits Awards 2016.The Best total reward strategy award celebrates the most effective use of a total reward strategy.The full category shortlist is:Cafcass, Cafcass Reward StrategyCiti, Select (Entered by Vebnet)Heathrow Airport, The DealOvo ...
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Herbert Smith Freehills introduces return-to-work scheme for female lawyers
Herbert Smith Freehills has introduced a return-to-work programme to support experienced female lawyers who are looking to return to private practice after an extended career break.The scheme, conducted in partnership with OnRamp, matches potential staff with existing legal vacancies within law firms.Candidates for the programme will need to have at ...
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58% value phased retirement globally
More than half (58%) of global respondents feel that phased retirement is a very or extremely important occupational benefit, according to research by the Aegon Centre for Longevity and Retirement (ACLR) and the Transamerica Centre for Retirement Studies.The A retirement wake-up call: the Aegon retirement readiness survey 2016 report, which ...
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SGS launches long-service award for employees
SGS UK has launched a recognition programme to reward employees who have been with the organisation for five years or more.The long-service recognition scheme, provided by Red Letter Days for Business, will see employees who have been with the inspection and certification organisation between five and 20 years awarded with ...
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Shappi Khorsandi to host Employee Benefits Awards 2016
Comedian Shappi Khorsandi will host the Employee Benefits Awards 2016 on Friday 3 June.Khorsandi’s original sell-out Edinburgh show, Asylum Speaker, led to numerous television appearances on popular comedy shows such as Mock the Week, Lenny’s Britain and The Big Read.She has also become a regular on Radio 4 shows, with ...
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33% of organisations receive shared parental leave requests
A third of employers with eligible employees have received requests for shared parental leave since its introduction in April 2015, according to research by XpertHR.The research, which surveyed 397 organisations with a combined workforce of 827,083 employees, also showed that the median number of eligible employees per organisation was four.The ...
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STV launch car salary exchange scheme
STV has launched a new car salary sacrifice scheme for its 15,000 employees, with all new users of the scheme entered into a prize draw to win a satellite navigation system.The Scottish digital media organisation launched the initiative in February as part of their total engagement strategy, ensuring staff can ...
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Government consults on British Steel pension scheme
The government has launched a consultation into potential government support options for the British Steel pension scheme.The defined benefit scheme has approximately 130,000 members, with assets and liabilities totalling around £14 billion.The consultation aims to determine the best course of action, if any, that the government could take as part ...
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71% do not have policies to deal with employee cancer diagnoses
More than two thirds (71%) of employer respondents do not have any HR policies in place when it comes to communicating with or managing employees who have a cancer diagnosis, according to research by cancer detection services provider Check4Cancer.Its Cancer in the workplace 2016 report, which surveyed 500 HR professionals, ...
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Arriva and Nottingham City Council shortlisted for best voluntary benefits
Arriva, Nottingham City Council (pictured) and OpenBet are among the organisations shortlisted for the Best voluntary benefits award at the Employee Benefits Awards 2016.This award celebrates the most effective use of a voluntary benefits plan within an organisation, including staff deals that are available for employees.The full category shortlist is:Arriva, ...
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Pension exit charges under scrutiny
Exit charges on occupational pension schemes could be scrapped as part of new proposals launched by the Department for Work and Pensions (DWP).The proposals aim to introduce a charging cap to allow employees early access to their retirement funds without suffering high penalty charges.The long-term aim of the proposals is ...
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Asda and Quintiles shortlisted for best benefits technology
Asda (pictured), Axa UK and Quintiles are among the organisations shortlisted for the ‘Best use of benefits technology’ award at the Employee Benefits Awards 2016.This award celebrates the most effective use of benefits technology within an organisation, engaging employees from all departments.The full category shortlist is:Asda, SharesaveAXA UK, MaxCallcredit, Benefits ...
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32% do not feel proud of their organisation
Just under a third of respondents do not feel proud of their organisation, according to research by Edenred.The annual global Edenred-Ipsos Barometer report, which surveyed 14,400 employees internationally, also showed that 30% of respondents want more support when they reach the end of their careers.The research also found:60% of respondents ...
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Scottish Widows completes £54m bulk annuity transaction
Scottish Widow has secured a £54 million pensioner buy-in arrangement with the Barloworld UK Pension Scheme.The buy-in covers a portion of the scheme’s pensioner liability and is a continuation of the global distributor's de-risking strategy.This transaction signals the second bulk annuity transaction for Scottish Widows. The pensions provider secured a ...
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67% believe employers do not care about financial wellness
More than two-thirds (67%) of respondents believe that their employer does not care about their financial wellness, according to research by Neyber.Its DNA of financial wellbeing report, which surveyed 10,000 UK employees, also found that more than half (55%) of respondents feel that financial pressure affects their behaviour and ability ...
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Microsoft and Nationwide shortlisted for best flexible benefits
JP Morgan, Microsoft and Nationwide Building Society (pictured) have been shortlisted for the Best flexible benefits plan award at the Employee Benefits Awards 2016.This award celebrates the most effective use of a flexible benefits plan within an organisation.The full category shortlist is:Callcredit Information Group, Benefits for people like you (Entered ...
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US rules clarify incentive levels for wellness programmes
The US Equal Employment Opportunity Commission (EEOC) has issued final rules clarifying how Title 1 of the Americans with Disabilities Act (ADA) and Title II of the Genetic Information Nondiscrimination Act (GINA) apply to workplace wellness programmes that offer incentives and request personal health information from employees and their spouses.This ...
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US government raises salary threshold for overtime pay
The US government has extended the salary threshold for overtime pay eligibility.The change forms part of a new overtime rule, which has been finalised by the US Department of Labor.This raises the overtime salary threshold from $455 a week (£312) to $913 a week (£625). This is equivalent to $47,476 ...
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93% recognise link between health and employee performance
The majority (93%) of employer-respondents across Europe, the Middle East and Africa (EMEA) believe there is a correlation between health and employee performance, according to research by Aon.Its Aon health survey, which is based on responses from 500 HR directors and risk managers from 22 countries across EMEA, also found ...