All articles by kscott – Page 45
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ArticleA quarter believe their organisations do not help them manage stress in the workplace
Around a quarter (26%) of respondents feel that their organisation does not help them to manage stress in the workplace, with 36% stating that they have had ongoing workplace stress for the past five years, according to research by Peldon Rose and The Stress Management Society.The survey of 950 UK-based ...
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ArticleFTSE 350 defined benefit pension deficit reaches £36bn
The accounting deficit for defined benefit (DB) pension schemes at the UK’s top 350 organisations is £36 billion as at October 2018, resulting in the largest deficit since October 2017, according to research by Mercer.Its Pension risk survey, which analyses the pension deficit calculated using the approach FTSE 350 organisations ...
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OpinionEmma Mamo: How can employers communicate about emotional wellbeing sensitively?
A 2018 poll of 74 organisations taking part in Mind’s Workplace wellbeing index 2017-2018 found that 58% of employees said their mental health was good or very good, while 13% stated that their mental health was currently poor or very poor. However, only around one in four of those who ...
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ArticleSouthwark Council signs Time to Change pledge to support mental wellbeing of 4,500 staff
Southwark Council has signed the Time to Change employer pledge to help support the mental health of its 4,500 employees.The Time to Change pledge, which the Council formally signed on Tuesday 30 October 2018, demonstrates the commitment to change how it thinks and acts about mental health in the workplace, ...
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ArticleSavers access £21.7 billion through pension freedoms
Retirement savers have accessed approximately £21.7 billion through pension freedoms since reforms were introduced in April 2015, according to data from HM Revenue and Customs (HMRC).The Flexible payments from pensions: November 2018 report also found that the number of individuals who have received flexible payments from their pensions between the ...
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ArticleVoluntary living wage rate increases to £9.00 an hour for UK staff
The voluntary living wage rate has increased by 25p per hour, rising from £8.75 to £9.00 an hour for employees working across the UK, as announced by the Living Wage Foundation today (Monday 5 November 2018).The London living wage rate, paid voluntarily by employers accredited by the Living Wage Foundation ...
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OpinionGillian Connor: What can employers do to better support emotional wellbeing in the workplace?
Employers are increasingly taking an interest in the emotional wellbeing of their employees, not least because of the economic case for it. Mental health and employers: The case for investment, published by Deloitte in October 2017, demonstrated the huge cost of absenteeism, presenteeism and staff turnover caused by mental health ...
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ArticleHalf do not know how much is in their pension
Around half (49%) of respondents do not know how much is in their pension pot, according to research by price comparison website MoneySuperMarket.Its survey of 1,000 adults also found that 26% of respondents do not have a personal pension and 67% do not have life insurance; in addition, only 18% ...
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ArticlePrimadell accountant fined £6,857.50 for pensions auto-enrolment non-compliance
An accountant working on behalf of Primadell, the organisation that runs Gran Caffe Londra in Knightsbridge, has been ordered to pay £6,857.50 after pleading guilty to falsely informing The Pensions Regulator (TPR) that employees had been automatically enrolled into a workplace pension scheme.In October 2015, Gran Caffe Londra missed its ...
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ArticleYorkshire Building Society recognised for mental health best practice
Rhondda Housing Association and Yorkshire Building Society (pictured) are among the organisations recognised at the inaugural Not a Red Card Awards for implementing best practice around addressing mental health in the workplace.The event, organised by insurer Legal and General, aims to celebrate and recognise businesses and individuals that have tackled ...
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ArticleAcas, HSBC and Sky recognised as Best Employers for Race 2018
Non-departmental public body The Advisory, Conciliation and Arbitration Service (Acas), financial services organisation HSBC (pictured), telecommunications business Sky and law firm Slaughter and May are among the organisations recognised on the Best Employers for Race 2018 list, compiled by business-community outreach charity Business in the Community (BITC).Sandra Kerr OBE, race ...
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ArticleBreakspear Park gives 300 pumpkins to staff for Halloween
Hemel Hempstead-based business park Breakspear Park has gifted 300 pumpkins to employees based on-site, to help staff manage their work-life balance and avoid extra trips to the supermarket in the run up to Halloween.The pumpkin giveaway, which started last week, forms part of the business park’s wider wellbeing strategy, called ...
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ArticleGig economy workers strike as Uber’s employment status case hits the Court of Appeal
Individuals who work within the gig economy are undertaking a two-day march on Tuesday 30 and Wednesday 31 October 2018, to align with transportation organisation Uber contesting the result of its employment status case at the Court of Appeal.In October 2016, the Employment Tribunal (ET) ruled in the case of ...
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OpinionEmma Hamnett: Key Christmas party warnings
In the run-up to Christmas and the dreaded office party, employers should be aware of a recent judgment that means they may be legally responsible for the actions of their staff, even if they take place outside the workplace.In itself, this is not news, but a recent Court of Appeal ...
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ArticleHow will the Autumn Budget 2018 impact pay and benefits?
Chancellor Philip Hammond (pictured) delivered the Autumn Budget speech to the House of Commons on Monday 29 October 2018. Below is a summary of the key announcements that could impact employers’ pay and benefits strategies:From April 2019, the tax-free personal allowance will increase from £11,850 to £12,500, while the higher-rate ...
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ArticleGovernment increases funding for industrial strategy to boost UK’s productivity
Autumn Budget 2018: The government has announced increased investment for initiatives within its Industrial Strategy in order to improve productivity across the UK.Chancellor Philip Hammond (pictured) confirmed in his Autumn Budget 2018 speech, delivered at the House of Commons on Monday 29 October, that research and development will receive an ...
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ArticlePensions cold calling to be made illegal
Autumn Budget 2018: The government has confirmed that it will be introducing new legislation to make pensions cold calling illegal.In Monday’s Autumn Budget 2018 speech, chancellor Philip Hammond (pictured) announced that the government will shortly be implementing legislation to make pensions cold calling illegal.Alongside the Budget, it is also due ...
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ArticleGovernment to provide £5m additional funding to make pensions dashboard a reality
Autumn Budget 2018: The government will provide an additional £5 million in funding in 2019-2020 to help bring the pensions dashboard to fruition.Chancellor Philip Hammond (pictured) confirmed in his Autumn Budget 2018 speech, delivered on Monday 29 October, that the Department for Work and Pensions (DWP) will consult later this ...
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ArticleNational living wage to increase to £8.21 an hour from April 2019
Read more updates on the Autumn Budget 2018 in Tuesday's Daily News emailAutumn Budget 2018: The national living wage will increase by 4.9% from April 2019, rising from £7.83 an hour to £8.21 an hour for employees aged 25 and over.Chancellor Philip Hammond (pictured) confirmed in his Autumn Budget 2018 ...
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OpinionJane Fuller: Does the pensions system provide enough incentives for long-term saving?
Before starting to think about incentives to save into the pensions system, it must be remembered that the UK state pension is far from generous. At £164.35 a week, the new single-tier pension is little more than half a week’s income on the national living wage rate of £7.83 an ...