All articles by Marianne – Page 28
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61% to work past target retirement age if savings are insufficient
Around two-thirds (61%) of UK employees plan to continue working if they have not saved enough by their target retirement age, according to research from Aegon.The study, which surveyed 4,000 UK adults, also found that 64% of respondents are not confident about retiring at their target age of 63.The research ...
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26% of older workers do not want education on retirement issues
Around a quarter (26%) of respondents between the ages of 56-65 do not want any financial education on retirement and pensions issues, according to research by financial solutions organisation Partnership.The research, which surveyed 2,000 people over the age of 21, also found that 18% of 21-30 year olds did not ...
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21% gender pay gap for general marketeers
Male general marketeers earn 21% more than their female counterparts, according to research from Employee Benefits’ sister brand Econsultancy, with collaborations from Design Week, Creative Review and Marketing Week.Its Salary survey 2015 report: digital specialists vs general marketers, which surveyed 1,815 digital marketing specialists and 2,723 general marketeers, also revealed ...
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EAT introduces 18-month limit on holiday pay carry over
The Employment Appeal Tribunal (EAT) has ruled that employees can only carry over unused holiday due to sickness absence for a maximum of 18 months. The EAT also found that absent members of staff do not need to prove that illness was the reason for not taking the holiday.In the ...
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Staff save £122.94 a month through share schemes
More than 1.4 million UK employees are now saving an average of £122.94 a month by investing in the oranisation they work for through share schemes, according to a study from IFS Proshare. Data from its annual Sharesave (SAYE) and share incentive plan (Sip) survey reveals that these figures are ...
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£1.8 billion withdrawn in first two months of pension freedoms
Almost a quarter of a million payments worth £1.8 billion were made to consumers from pension pots in April and May following the introduction of the pension freedoms, according to research from the Association of British Insurers (ABI).The data reveals that £1.3 billion was put in to buying nearly 22,000 ...
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Employee Benefits digital magazine – July/August 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links on the right under ‘Related articles’ (these articles will go live in stages during July and August 2015).Read the full digital July/August edition of Employee BenefitsWhat makes a ...
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Nice urges employers to promote healthy working environments
Healthcare watchdog the National Institute for Health and Care Excellence (Nice) has published guidelines urging employers to do more to address the effect that poor working environments can have on employees’ livesAccording to the guidance, promoting a healthy working environment improves employees’ health and productivity and it is good management ...
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Just 6% see work-life balance as a priority
Just 6% of HR directors say work-life balance is a priority for their department, according to research by executive coaching provider Morgan Redwood.Its study, based on 250 responses from heads of HR departments, also found that just over a quarter (26%) regard staff wellbeing as being very closely connected to ...
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Bring Your Dog to Work Day motivates staff
Something for the weekend…Having dogs in the workplace can help to motivate and engage staff, according to Pet Sitters International, creator of Bring Your Dog to Work Day, which takes place on 26 June 2015.The event celebrates the companionship between dogs and humans, as well as encouraging those who do ...
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Top 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk between 18-25 June:1. Centrica adds new benefits to flex for 30,000 staff2. Royal Mail staff to receive £50 million worth of shares3. Government plans action to cap pension freedom charges4. Tata Steel improves DB pension plans5. Defining and demystifying total reward6. Hyde ...
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Network Rail agrees 2% pay deal with unions
Network Rail has agreed a 2% pay increase deal with unions Unite, the Transport Salaried Staffs’ Association (TSSA) and the National Union of Rail, Maritime and Transport Workers (RMT).The agreement also includes a pay rise in line with retail prices index inflation next year, as well as an assurance there ...
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Flexibility is key benefit to attract talent
Flexible benefits are the most valued type of benefit for talent, according to research by social media platform LinkedIn.Its Winning talent research, which surveyed 1,001 of British workers in full-time employment, also found that 36% of respondents said flexible-working arrangements would persuade them to take a job with an employer, ...
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New remuneration rules in banking sector
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have announced new remuneration rules for the banking sector, including changes to deferral and clawback of variable remuneration such as bonuses.The measures have been introduced to further align risk and individual reward in the banking sector, as well as discourage ...
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97% believe in link between wellbeing and organisational performance
Nearly all (97%) of respondents believe in a link between employee wellbeing and organisational performance, according to research by Edenred.However, its annual 2015 Wellbeing barometer, which surveyed 422 HR decision makers, also found that just a quarter (26%) of employers see employee wellbeing as a priority for their organisation. The ...
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39% of employees do not have life insurance
More than a third (39%) of respondents do not have any form of life insurance, according to research by Canada Life Group Insurance.Its study of 600 UK workers also found that 38% of respondents have not given any thought to life protection.The research also found:59% of respondents who do not ...
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Norwich City Football Club to pay living wage
Norwich City Football Club (FC) has committed to pay the living wage to all of its permanent employees.The club will phase in the national living wage of £7.85 during the 2015-2016 season.The national living wage is an hourly rate set independently, updated annually and paid by employers on a voluntarily ...
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Top 10 most read stories this week
The top 10 most read stories on 12-18 June on employeebenefits.co.uk:1. Heinz boosts flexible benefits take up2. Visualsoft improves staff wellbeing3. Lloyds Banking Group launches returners programme4. Find out who will win an Employee Benefits Award5. Walmart ditches Justin Bieber to boost motivation6. Deloitte among top employers for working parents7. ...
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HSBC and Linklaters make mental health commitment
Financial Ombudsman Service, HSBC, KPMG, Lend Lease Europe and Linklaters are among employers that have made a commitment to addressing mental health in the workplace.Mental health charity Mind has launched its Getting ahead: why mental health at work matters report, which highlights various organisations’ experiences with mental health issues.The report ...
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35% of Gen Z expect a pension in their first job
Around a third (35%) of Generation Z (16-19 year olds) are expecting a pension as standard in their first job, according to research from employment services firm Adecco, conducted in March 2015.The study, which surveyed 500 16-19 year olds in full-time education and 501 16-24 year olds who have applied ...