All articles by Nicola Sullivan – Page 36
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Mitie Group revamps fleet management
Mitie Group has revamped its fleet management provision as part of efforts to reduce the costs associated with its 6,000-strong fleet.As part of its new contract with Zenith Provecta the property and asset management firm will also take advantage of a maintenance service for 3,000 vehicles, accident management and daily ...
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Company cars drive rise in new car registrations
New car registrations were up 10.8% in June after an increase in company car sales boosted the UK car marketDespite fears that the industry would be hit by the end of the government's scrappage scheme, a a 25.3% rise in the fleet market helped to sustain growth and new car ...
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Heinz to bring in fuel cards and mileage tracking
Heinz UK and Ireland is to introduce fuel cards and a mileage tracking system for its 500 drivers inan effort to increase the accuracy of claims for fuel reimbursement.The food manufacturer is trialling the system and will roll it out to all drivers during the summer. The system is linked ...
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Pensions savings have been hit by the recession
Pensions savings have been hit by the recession with more people saving less, according to figures from Scottish Widows.The Scottish Widows pensions index, which measures the proportion of people saving enough for their retirement, stands at 48% this year, down 6% since last year - the lowest since 2006.Overall, 41% ...
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Travelodge hosts sleep concert for employees
Employers could do a lot worse than incorporating slumber time into their total reward offering.This is the view taken by †hotel chainTravelodge, which is hosting a sleep concert to help sleep-deprived workers. Musicians playing commissioned snooze-inducing melodies will serenade employees attending the event.Less sympathetic employers may wonder if this is ...
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Budget 2010: Review to be conducted into public sector pensions
An independent review, chaired by former Labour pensions minister John Hutton, will be conducted into public sector pensions.Chancellor George Osborne referred to the review, which will see Hutton provide an interim report by September, in today's emergency budget.In building the case for such a review, Osborne referred to figures from ...
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Budget 2010: Two-year pay freeze for public sector staff
A two-year pay freeze is to be imposed on public sector workers earning more than £21,000.The move, announced by Chancellor George Osborne in his emergency Budget speech, will not affect the lowest-paid workers who will receive a £250 pay increase in both of these two years.He said: "Many millions of ...
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Review to be conducted into public sector pay
The government has commissioned economist Will Hutton to conduct an independent review of pay in the public sector.The review will investigate pay scales across the public sector, and make recommendations on how to ensure no public sector manger can earn more than twenty times the lowest-paid employee in an organisation.As ...
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Aegon to wind up bulk annuity business in the UK
Aegon is to withdraw from the bulk annuities market as it seeks to cut back the cost of its UK businesses.The Dutch insurer is taking steps to improve return on capital by targeting cost reductions of 25% in its life and pensions business. It will instead refocus the business around ...
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Care Management Group introduces voluntary benefits scheme
Care Management Group has introduced a voluntary benefits scheme to enhance the total reward package for its 1,350-plus care staff.The organisation, which provides specialist support to children and adults with learning and physical disabilities, appointed People Value to provide the scheme.Called Advantage, the scheme includes more than 1,600 discounts and ...
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Morning Star newspaper agrees two-year pay deal with staff
The Morning Star newspaper has agreed a two-year pay deal with its journalists, avoiding threatened strike action. The dispute was settled after NUJ members of the National Union of Journalists (NUJ) agreed a new two-year pay deal, which is worth £900 this year with the promise of an additional pay ...
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Council to recruit wellbeing adviser to ensure staff take tea breaks
Elmbridge Borough Council has not underestimated the importance of the nation’s favourite hot beverage as it seeks to recruit a wellbeing adviser to ensure staff take time out for a tea break at work.At a time when the government is making drastic cuts in public spending, the £30,000-plus post, designed ...
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Increasing personal allowances will redistribute income
A third of organisations believe the government's proposed increase in personal tax allowances is an effective way of redistributing income through the tax system by 33%, according to research by accountancy firm Baker Tilly.Of the 405 respondents to its online survey, a further 23% said the plans, which focus on ...
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Pension scheme deficits projected to reach £362 billion
The deficit of all pension schemes eligible for the Pension Protection Fund (PPF) will reach £362 billion by end of December, according to projections by Xafinity.Based on market conditions at the end of May, Xafinity's Corporate Pension Scheme Model, also revealed the predicted deficit is £90 billion less than estimated ...
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Bankers' bonuses should be delayed
Senior executives in the investment banking sector should be forced to wait between five and ten years to cash in their bonuses in full, according to The Future of Banking Commission.The cross-party commission, whose members include business secretary Vince Cable, has recommended remuneration structures should be much longer-term in nature, ...
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Employee Benefits Summit 2010: Fit notes entail a fundamental change of mindset
Fit notes entail a fundamental change of mindset for employers and medical professionals to implement but are essential for reducing the cost of sickness absence and improving long-term workplace wellbeing.Addressing delegates at the Employee Benefits Summit, held in Monte Carlo, Dame Carol Black, national director for health and work at ...
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Employee Benefits Summit 2010: Most employers will not offer Nest (national employment savings trust)
The majority of employers attending the Employee Benefits Summit in Monte Carlo said they will not offer the incoming pensions plan, the national employment savings trust (Nest) to staff.A poll conducted during the first day of the event, held at the Monte Carlo Bay Hotel, showed that 45% of delegates ...
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Employee Benefits Summit 2010: Disengaged workers cost UK businesses £44 billion
Disengaged workers could cost UK businesses £44 billion in lost productivity according to Nita Clarke, deputy chair of the UK Government’s Review on Employee Engagement.Addressing delegates in the opening session of Employee Benefits’ Summit, held in Monte Carlo, Clarke, who is the co-author of the MacLeod review on employee engagement, ...
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BNP Paribas Real Estate increases pensions take up through flexible benefits
BNP Paribas Real Estate has seen the proportion of employees taking up its defined contribution (DC) pension scheme increase by more than half following the launch of a flexible benefits scheme.Between 40% and 50% of its workforce has made benefits selections through the flex scheme, which is called Spectrum and ...
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London underground workers vote to strike over pay
London Underground maintenance workers have voted to strike in a dispute over pay and conditions.The Rail Maritime and Transport (RMT) union said more than 90% of its members, employed by Tube Lines, have voted for strike action.The unrest follows an announcement by Transport for London (TFL) that it will be ...