Research news 1 – Page 9
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CIPD research: Employers not taking proactive approach to 2012 pension reforms
While the majority (75%) of employers are fully aware of the forthcoming pension reforms, including auto-enrolment, less than one-third (32%) know the date at which the new rules will apply to them, according to research by the Chartered Institute of Personnel and Development (CIPD).The CIPD's Labour market outlook: focus on ...
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Mercer research: Deficit of FTSE 350 defined benefit pension schemes rises
The deficit of FTSE 350 defined benefit (DB) pension schemes has risen £20 billion over past month, according to research by Mercer. The Pensions risk survey found that the aggregate FTSE 350 DB pension scheme deficit stood at £80 billion at 30 November 2011, compared to £60 billion at 31 ...
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Close Brothers research: Most UK employers unsure of auto-enrolment staging date
More than three-quarters (77%) of UK organisations do not know when they have to begin auto-enrolling their employees into a qualifying pension scheme, according to research by the financial education division of Close Brothers.The research, which was conducted among 2,000 employers across the UK, found that 12% of organisations have ...
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Bupa research: HR teams take measures to tackle winter absence
Over three quarters (78%) of human resources professionals have implemented policies to try to reduce staff absence in December, according to a poll by Bupa.The Bupa December survey found one-third (33%) of organisations call staff in for questioning if they have more than three isolated days of sickness absence in ...
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Canada Life research: A third of employees want better work-life balance
More than a third (37%) of employees would like a better work-life balance, according to research by Canada Life.The Canada Life research into employee absence, which surveyed 1,226 people in August 2011, asked what incentives could be offered to prevent employees taking time off work.For most respondents, flexible working was ...
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Simplyhealth research: Tax breaks on PMI provision will ease burden on NHS
Over half (55%) of senior managers with HR responsibilities believe organisations should be given tax breaks to provide all staff with private medical insurance (PMI) and ease the burden on the NHS, according to research by Simplyhealth.The research findings follow Dame Carol Black and David Frost’s review into sickness absence, ...
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CIPD/Simplyhealth research: Fit notes prompt employers to discuss sickness absence
The introduction of the fit note has prompted employers to hold conversations with their staff around sickness absence and the best ways to get an individual back to work in the case of long-term illness.The Absence management survey, conducted by the Chartered Institute of Personnel and Development (CIPD) and Simplyhealth, ...
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MetLife Assurance research: Half of DB pension members are concerned about the scheme's survival
Half of employees in defined benefit (DB) pension schemes are concerned about the long-term survival of the scheme, according to research by pensions risk transfer provider MetLife Assurance.The research, which surveyed 765 employees and 462 employers, found that 38% of employee respondents are quite concerned about their retirement income. When ...
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EXCLUSIVE: Aviva research: Return-to-work interviews most common rehabilitation support
Return-to-work interviews (30%), occupational health support (24%) and workplace adaptations (23%), such as new chairs, are the most common types of rehabilitation support for employees that are off sick, according to research by Aviva UK.The survey, which polled 1,000 UK employees and 500 employers, also found that 34% of respondents ...
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EXCLUSIVE: Swiss Re research: 18% of employers would remove group risk to mitigate costs of auto-enrolment
Just 18% of employers would consider removing group risk benefits from their reward package to help mitigate the costs of auto-enrolment, according to research by reinsurer Swiss Re.Its Facing life’s responsibilities report, published in November, surveyed 1,000 UK staff and 500 employers.†A fifth (20%) of the 18% that would consider ...
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KPMG research: UK turns corner on corporate tax competitiveness
The UK has turned a corner on its corporate tax competitiveness, according to research by KPMG.The 2011 UK Tax competitiveness survey, which polled 50 large UK organisations, claimed that the improvement is driven by reforms to the taxation of foreign profits and the government’s commitment to making the UK tax ...
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JLT research: One-fifth of employers unprepared for auto-enrolment
Only one-fifth (19%) of employers are still not sure how they will comply with auto-enrolment, according to research by JLT Benefit Solutions.The UK pension reforms auto-enrolment and Nest employer research, which surveyed 504 employers, also found that, if organisations were to set up a new pension scheme to comply, one-third ...
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ONS research: Gender pay gap falls below 10%
The gender pay gap has fallen below 10% for the first time since records began, according to data published by the Office for National Statistics (ONS).In April 2011, the gap between men and women’s median full-time hourly earnings, excluding overtime, stood at 9.1%, compared to 10.1% for the same period ...
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Grass Roots research: 90% of employers say rewarding staff contribution is important
Nine out of ten organisations still think it is important to recognise and reward the contribution that staff make to the business, according to research by Grass Roots.The straw poll found the majority of employers still rate the traditional cash bonus, closely followed by time off, as the top rewards ...
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MetLife Assurance research: Funding deficits are the biggest risk to DB pension schemes
Funding deficits are the most important risk to UK defined benefit (DB) pension schemes, according to a comparison report by MetLife Assurance.The annual US/UK pension risk behaviour index, which compared pension risk attitudes and aptitude in the UK and the US, found that 58% of respondents in the UK chose ...
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Astbury Marsden research: City pay rises 12%
Average base pay in the City has jumped 12% to £83,000 in the last year, according to research by financial services recruitment firm Astbury Marsden.The research, conducted among 1,380 City professionals, found that the base pay of managing directors saw the biggest rise, up 21% to £237,000.Pay increases for City ...
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Pitney Bowes research: Almost half of SMEs will not throw a Christmas party
Almost half (48%) of small and medium-sized enterprises (SMEs) are not planning a Christmas party this year.The research, commissioned by communications firm Pitney Bowes and carried out by YourSayPays, surveyed 500 small organisations across the UK.Of the 52% of organisations that are hosting a Christmas party for staff, 91% intend ...
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TUC research: Public sector pension reforms will hit the lower paid
Government assurances that changes to public sector pensions will not hit low-paid public sector workers earning less than £15,000 a year are misleading, according to research from the Trades Union Congress (TUC).More than 750,000 public sector employees are earning less than this, the overwhelming majority of whom are women, will ...
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O2 research: Majority of UK employees feel employers support flexible working
Almost three-quarters (73%) of UK employees feel their employers support flexible working opportunities, according to research by O2.The study, which examined the future of work and flexible working in UK organisations, surveyed 1,167 UK workers.The respondents acknowledged the benefits flexible working brings, with 54% stating that it helps strike a ...
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CIPD research: Reward professionals are concerned about reward risks
The majority (78%) of reward professionals continue to be concerned about their organisation's ability to manage reward risks, according to research conducted by the Chartered Institute of Personnel and Development (CIPD).In particular, employers are concerned about achieving the balance between affordability and the need to offer competitive reward packages, as ...