Research news 1 – Page 16
-
Article
EEF & JAM Recruitment research: Manufacturing pay settles to pre-recession levels
Pay in the manufacturing sector has levelled out in the three months to the end of June, according to pay data by manufacturers' organisation EEF and JAM Recruitment.The July 2011 Pay Bulletin found that the average pay settlement for the period was 2.5%, the same as the revised figure for ...
-
Article
LCP research: FTSE 100 offer cash payments instead of pension contributions
FTSE 100 companies are adapting to the removal of pensions tax relief for high earners by offering cash payments instead of pension contributions, according to research conducted by Lane Clark and Peacock (LCP).The LCP FTSE 100 Executive Pensions Survey showed that there had been a £42,000 fall in the average ...
-
Article
Punter Southall research: Senior management will be less engaged with pensions due to tax changes
More than 40% of senior management staff will be less engaged with their pension schemes as a result of tax changes introduced on 6 April 2011, according to research by pension actuaries Punter Southall.The survey also shows that around 20% of respondents have already had experience of members wishing to ...
-
Article
Aviva UK Health research: Long-term absence has major impact on morale
Long-term absence has a major impact on both businesses and staff morale, according to research by Aviva UK Health.The Group Risk Review found that while 69% of employers said that long-term sickness absence is an important issue for their business, just under a quarter of employees (23%) are deterred by ...
-
Article
CIPD research: Pay squeezes reduce impact of economy on employment
The Chartered Institute of Personnel and Development (CIPD) has revised its forecast for UK economic and employment growth but expects pay cuts and freezes to moderate the impact.The downward revision is due in part to lower-than-expected unemployment in the first quarter of 2011, and also to the expectation that a ...
-
Article
Vielife research: Health and wellness issues absent from boardrooms
UK boardrooms lack strategic discussion about employee health and wellness, according to research by Vielife and London South Bank University.The Workplace Wellness Study, conducted among senior HR and finance people, found that only 41% of organisations discuss employee health and wellbeing at board level, despite 68% of respondents stating that ...
-
Article
Towers Watson research: Pension funds’ global alternative assets grow to USD 952 billion
The alternative assets managed on behalf of pension funds by the world’s largest managers grew 16% in 2010 to USD 952 billion, according to research by Towers Watson in conjunction with the Financial Times.The Global Alternatives Survey also found that total assets under management for these managers increased by 12% ...
-
Article
Mercer research: Less than half of employees think they are paid fairly
Less than half of employees (41%) feel they are paid fairly for the job they do while 54% think they are treated fairly at work, according to research conducted by Mercer.†The What’s Working survey also found that 42% of employees believe they are recognised for doing a good job, and ...
-
Article
Legal and General research: Older employees more likely to opt out after auto-enrolment
Older employees claim they will opt out of an occupational pension scheme following auto enrolment when the 2012 pension reforms begin to come into effect from next year, according to research by Legal and General.Those in their 50s and 60s are likely to rely on the state pension and opt ...
-
Article
Cigna Healthcare Benefits research: Only 5% of UK staff receive dental benefits through employers
Only 5% of British employees have a dental plan through their employer, according to research byCigna Healthcare Benefits has revealed.The research also found that, while 93% of respondents rated their dental health as important or very important, nearly a third had to delay or cancel treatment due to cost.Additionally, 21% ...
-
Article
HMRC research: Employees are donating more money to charity
Figures from HM Revenue and Customs (HMRC) show that employees taking part in workplace giving schemes are giving more.During 2010 employees were giving £8 million more than they did the previous year and the average monthly gift also therefore grew from £12.20 in 2009 to £13.19 in 2010/11.†However, there has ...
-
Article
ONS research: Gap between public and private sector pay widens
The gap between average earnings in the public and private sectors has increased since April 2007, according to figures from the Office for National Statistics (ONS).Its article, Public and private sector earnings: Estimating differences in public and private sector pay, found that in April 2010, public sector employees were paid ...
-
Article
Mercer research: Pay regulation creates unlevel playing field in financial services
European and US pay regulations have created an unlevel playing field in financial services, creating a disadvantage in the competition for high-performing staff, according to a survey by Mercer.Its Global Financial Services Executive Incentive Plan Snapshot Survey, shows European banks may have to pay more to attract top talent to ...
-
Article
Aon Hewitt research: European pension schemes plan to de-risk
Pension schemes across Europe have placed de-risking at the top of the agenda, according to research by Aon Hewitt.Its Global Pension Risk Survey 2011 found that five times more respondents than in the last survey published in 2009, indicated they are now viewing their scheme over a 20-year period to ...
-
Article
Pension Corporation research: Trustees plan to cut equities allocation
Almost three-quarters (73%) of occupational pension trustees plan to reduce their allocation to equities in the next year, according to research by the Pension Corporation.The Future of Pension Funds 2011 survey of trustees found that 22% expect to receive company assets, such as property, in lieu of cash contributions to ...
-
Article
Employee Benefits/Friends Life Group Risk Research 2011
Download a PDF of the Employee Benefits/Friends Life Group Risk Research 2011Key findingsCurrent issuesAttitudesActions takenBenefits on offerCostSponsor’s commentEditor’s comment:Several government initiatives and new pieces of legislation over the past 12 months have increased many employers’ focus on group risk benefits. The removal of the default retirement age, the Welfare Reform ...
-
Article
Aon Hewitt research: Employee healthcare costs on the rise
Employee healthcare costs have risen by over 50% in the last five years, according to Aon Hewitt's Benefits and Trends Survey.The research, involving 480 UK employers, found 69% want to reduce costs, and 67% have experienced rising healthcare premiums. Nearly one-third of employers plan to revise their healthcare perks to ...
-
Article
Group Risk Research 2011: Sponsor's comment: Reducing sickness absence is a valuable achievement for all
Group income protection is proving its worth for both employers and employees in difficult times, says Declan White, group protection marketing manager at Friends LifeIn February this year, the government called for a major review of the sickness absence system in the UK in order to help combat the 150 ...
-
Article
Group Risk Research 2011: Benefits on offer
Critical illness insurance has increased in popularity as a voluntary benefit, while income protection for expatriate staff is also on the rise, says Tynan BartonEmployers are more likely to offer life assurance/death-in-service benefits to staff as a core benefit, rather than through an employee-paid voluntary benefits scheme. This may be ...
-
Article
Group Risk Research 2011: Cost
Some employers still do not know what they spend on benefits provision in this area, but many focus on obtaining quality, good-value products, says Jennifer PatersonWhen selecting a provider for both healthcare and group risk benefits, the top factors respondents look for are the quality of the product or service, ...