All articles by Marianne – Page 36
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Article63% of European staff satisfied with long-term incentive plan
Just under two-thirds (63%) of European employee respondents are highly satisfied with their long-term incentive plan (L-tip), compared to 42% in North America and 59% in the rest of the world, according to research by the Global Equity Organisation (GEO).Its Global equity insight 2015 report, which surveyed 144 organisations in ...
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Article47% plan to semi-retire
Almost half (47%) of working people plan to semi-retire before finishing their working life completely, according to research by HSBC.Its The future of retirement choices for later life report, which surveyed 16,000 people in 15 countries, also found that 29% of current retirees initially took semi-retirement.The study also found:43% intend ...
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ArticleTesco agrees pension deficit funding of £270 million
Tesco has agreed a pension deficit funding plan with its trustee for its defined benefit scheme, comprising cash contributions of £270 million per year.The supermarket giant is also consulting with employees on plans to close its defined benefit (DB) pension scheme and replace this with a defined contribution (DC) scheme.Tesco ...
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ArticleUK salaries set to increase 3% in 2015
Pay for UK employees is set to increase by 3% for 2015, according to research by Aon Hewitt.Its Global salary increase survey surveyed 560 organisations, representing 5,390 employers in 121 countries, This included 215 UK organisations.The 3% projection is consistent with findings from the last three years, in which salary ...
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ArticleLuton Town Football Club to pay living wage
Luton Town Football Club (FC) is the first football league club to be accredited as a living wage employer.The club has committed to paying all employees the national living wage of £7.85, whether they are permanent staff or third-party contractors and suppliers.The national living wage is an hourly rate set ...
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Article31% of staff believe employers should aid weight loss
Almost a third (31%) of employees believe their employers should help them lose weight, according to research by PMI Health Group.Its study, which surveyed 582 adults aged 16-64, who are currently in full or part-time employment in Great Britain, found that this figure rose to 41% in Scotland and 38% ...
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ArticleEmployee Benefits digital magazine - April 2015
Read the full digital April edition of Employee BenefitsWhy should organisations take steps to shelter themselves against employee benefit-related risk? Read how they can do so in Protective measures.Some employee benefits attract tax and national insurance exemptions, so it is essential that employers keep up to date with the rules ...
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Case StudiesLloyds Banking Group invests in employees’ parental responsibilities
An internal engagement survey carried out in September 2014, illustrated that 41% of Lloyds’ 88,000 staff have parental or caring responsibilities, so it offers staff benefits that will support their work-life balance.Lloyds offers childcare vouchers to all staff as part of its flexible benefits scheme. In addition, it also offers ...
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AnalysisHow will the changes to childcare vouchers affect staff?
If you read nothing else, read this…From autumn 2015, working parents will be able to sign up to the childcare scheme, which offers 20% of the cost paid by the government.If they are already in a voucher scheme, employees are able to continue using it for as long as their ...
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ArticleJohnson and Johnson promotes Euan Hutchinson
Euan Hutchinson has been promoted to global process owner, total rewards to pay at Johnson and Johnson.In his new role, Hutchinson will be responsible for ensuring that the organisation’s total reward to pay processes run as optimally and smoothly as possible. This is aimed at enabling its HR team to ...
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ArticleCross has moved to Equinix
Robert Cross has joined web hosting organisation Equinix as senior reward manager, Europe, Middle East and Africa (EMEA).In this role, he is responsible for developing and implementing reward policies, processes and procedures, as well as managing projects and programmes.Cross previously held roles at Tui Travel as interim head of reward, ...
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ArticleTSB Banking Group appoints David Hope
David Hope has joined TSB Banking Group as director of performance and reward.In this role, Hope will be responsible for developing and delivering TSB’s reward strategy.He has joined the bank from Aviva, where he was HR director, group reward. He worked previously at Hay Group as a consultant.
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Article
HSBC and Dumfries and Galloway Council awarded payroll accreditation
HSBC has been accredited with the Payroll Quality Partnership (PQP) accreditation from the Chartered Institute of Payroll Professionals (CIPP).Dumfries and Galloway Council has also been awarded the accreditation.In addition, the John Lewis Paternship, North Bristol NHS Trust, Shropshire Council, and Armstrong Watson have been re-accredited.A total of 50 organisations have ...
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ArticleBehavioural science can boost motivation
A better understanding of the science behind the impact of pay and reward on employee behaviour could increase staff motivation, according to a study by the Chartered Institute of Personnel and Development (CIPD).Its Show me the money! The behavioural science of reward report also found that money may not always ...
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ArticleOCS Group to pay living wage
Outsourced Client Solutions (OCS) Group has been accredited as a living wage employer.The international facilities management business has committed to pay the living wage to all members of staff at its UK headquarters.The living wage is an hourly rate, which is set independently, updated annually and paid by employers on ...
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ArticlePizza Hut and Foot Locker fail to pay minimum wage
Pizza Hut, French Connection, Condé Nast, Foot Locker and Champneys Springs are among 48 employers that have been named by business minister Jo Swinson for failing to pay the national minimum wage to some employees.Between them, the 48 employers owe their workers more than £162,000 in arrears.Foot Locker failed to ...
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ArticleMeet the Employee Benefits Awards 2015 judges
The 13th annual Employee Benefits Awards 2015 comprise 23 categories, allowing benefits professionals to showcase, and gain recognition for, outstanding work that they have undertaken in the last year.Entries will be judged by a highly respected panel of judges, and winners will be announced at the awards ceremony and summer ...
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ArticleTotal pay rose 1.8% in year to January 2015
Total pay, including bonuses for employees in the UK increased by 1.8% between the three months ending January 2014 and the three months ending January 2015, according to research by the Office for National Statistics (ONS).This is lower than the growth rate of 2.1% between October to December 2013 and ...
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ArticleAsons Solicitors launches staff incentive scheme
Asons Solicitors has launched an incentive scheme aimed at motivating its 306 employees.Through the scheme, the personal injury law firm awards staff certificates, which can be exchanged for high street retail vouchers. Employees can earn merit certificates for actions such as 100% attendance, good time management, hitting individual targets and ...