All articles by kscott – Page 66
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ArticleKey Retirement Group promotes Alison Longley
Financial planning organisation Key Retirement Group has promoted Alison Longley from head of group people strategy to HR director.Longley, who is chartered with the Chartered Institute of Personnel and Development (CIPD), has also worked as head of HR and HR manager at Key Retirement Group.Prior to this, Longley worked as ...
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ArticleNational Grid agrees £2bn pension longevity swap
Energy organisation National Grid has agreed to an intermediated longevity swap for its Electricity Group’s UK pension scheme, to counteract the cost risks associated with pensioners and future dependent members having longer life expectancies.The longevity swap, which has been completed with Zurich, has been arranged to cover the pensioner liabilities ...
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ArticleRegular pay increased by 0.4% in real terms since March 2017
Average regular pay for employees in Great Britain, excluding bonuses, increased by 0.4% in real terms between January to March 2017 and January to March 2018, according to research by the Office for National Statistics (ONS).Its UK labour market: May 2018 report also found that total pay, including bonuses, was ...
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ArticleCrest Healthcare fined more than £20,000 for pensions non-compliance
Crest Healthcare and its managing director have been sentenced to pay more than £20,000 in fines after being found guilty of not complying with auto-enrolment duties, and of providing false information to The Pensions Regulator (TPR) about a workplace pension scheme.The Birmingham-based organisation and managing director Sheila Aluko each pleaded ...
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ArticleShowcase success at the Employee Benefits Awards 2018
The Employee Benefits Awards and Summer Party 2018 is fast approaching, with the celebrated annual industry event now less than a month away.This year’s event will take place on Friday 8 June 2018, bringing together HR, benefits and reward professionals to recognise and celebrate innovative benefits strategies and programmes.The event, ...
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OpinionHina Belitz: What employers need to know about settlement agreements
When employers are faced with potential claims from their employees it is quite common for them to enter into settlement agreements to resolve the dispute. However, not every claim can be resolved in this way. Some can only be settled through The Advisory, Conciliation and Arbitration Service (Acas), by using ...
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OpinionDuncan Young: How can employers help staff achieve good health?
Good health is not simply the absence of disease. This becomes apparent when a holistic approach to health and wellbeing is taken, which includes a range of elements that help people to thrive.Although good health is specific to each person, employers can help on the journey to increased wellbeing. Employees ...
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ArticleEXCLUSIVE: Oscar Mayer revamps benefits scheme to offer employer-paid healthcare
EXCLUSIVE: Food manufacturing organisation Oscar Mayer has revamped its Millie Benefits Scheme, to provide employer-funded healthcare and legal assistance benefits to 2,000 permanent employees across three UK operating sites.The Millie Benefits Scheme, which was relaunched on 1 April 2018, was originally introduced in 2001 as a voluntary benefits scheme, which ...
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ArticleBT and University of Lincoln shortlisted for alignment of benefits to business strategy
BT, Sunrise Senior Living and University of Lincoln (pictured) are among the organisations shortlisted in the Best alignment of benefits to business strategy category at the Employee Benefits Awards 2018.This award recognises employers that have successfully aligned their employee benefits offering with their organisation’s overall business strategy and goals.The full ...
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Article
Fryer accepts interim post at Kindred Group
Online gambling organisation Kindred Group has hired Nick Fryer as interim reward consultant.Fryer specialises in the delivery of core reward processes, particularly around pay and bonus systems, as well as the development of strategies to contain non-standard employee benefits and migrate employees to standard benefits structures.Previously, Fryer has worked as ...
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Article
Platt takes on reward at Britvic
Drinks manufacturer Britvic has appointed Nina Platt as interim reward specialist.Platt has specific reward experience as well as generalist HR management skills, and typically works at all levels within an organisation to manage and deliver reward projects.Previously, Platt worked as group reward manager at Sainsbury's Argos, reward manager at Dixons ...
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Article
Qatar Airways hires Taylor
Airline Qatar Airways has hired Tim Taylor as vice president, remuneration and organisational design.Taylor specialises in executive pay, long-term incentives, change management, compensation and benefits, pensions, incentive and recognition programmes, reward communications and mergers and integration.Taylor most recently worked as head of reward at British Airways, although he has also ...
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ArticleFTSE 350 defined benefit pension deficit falls to £53bn
The accounting deficit for defined benefit (DB) pension schemes at the UK’s top 350 organisations has decreased by £19 billion, from £72 billion at the end of March 2018 to £53 billion at the end of April 2018, according to research by Mercer.The research, which analyses pension deficits calculated using ...
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ArticleTPR to appoint enforcement officers to seize assets for pension non-compliance fines
The Pensions Regulator (TPR) is to appoint high court enforcement officers (HCEOs) to enforce court orders or their equivalent on employers who have failed or refused to comply with auto-enrolment pension duties.The HCEOs will operate in England, Wales, Scotland and Northern Ireland, and will have the ability to visit the ...
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ArticleMarks and Spencer and Weetabix shortlisted for Best voluntary benefits
Marks and Spencer (pictured), the University of Lincoln and Weetabix are among the organisations shortlisted in the Best voluntary benefits category at the Employee Benefits Awards 2018.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 ...
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ArticlePoll: 55% think more employers will offer collective DC pensions after Royal Mail
Employee Benefits Poll: More than half (55%) of respondents think that more employers will follow the example set by postal organisation Royal Mail and implement collective defined contribution (DC) pension schemes.A straw poll of www.employeebenefits.co.uk readers, which received 44 responses, also found that 20% of respondents do not think organisations ...
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Poll: Should employers pay shared parental leave at the same rate as enhanced maternity pay?
[polldaddy poll=9994386]
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ArticleStar Wars robot could earn £39,221 to work on Earth
Something for the weekend: Plucky robot R2-D2 from the film franchise Star Wars would earn an estimated £39,221 a year if he swapped the Millennium Falcon for a job here on Earth, according to research by Adzuna.If R2-D2 made the move from a galaxy far, far away to one much ...
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ArticleTop 10 most read stories: 26 April-2 May 2018
The 10 most read stories on www.employeebenefits.co.uk between 26 April and 2 May 2018 were: McDonald's employees strike in dispute over payFitFlop, Skyscanner and Xiros shortlisted for Best healthcare and wellbeing benefitsEmployees entitled to at least 50% of pension if employer becomes insolvent rules EU courtEmployment Appeal Tribunal rules against ...
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Case StudiesCA Technologies relaunches health and wellbeing strategy to expand wellbeing focus
Software organisation CA Technologies has relaunched its health and wellbeing strategy, expanding its wellbeing offering to include mental health and resilience components, rather than focusing solely on physical health.The organisation has 2,500 employees across 22 countries in Europe, the Middle East and Africa (EMEA), including 500 staff in the UK. ...