All Research news articles – Page 13
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Specsavers research: One-fifth of employers have no eyecare policy
One-fifth (20%) of employers have no eyecare policy in place, according to research by Specsavers Corporate Eyecare.The research, conducted among 223 organisations in both the public and private sectors, found that 42% of employers use the option of reimbursing eyecare costs through expenses, and 33% purchase eyecare vouchers.Additional findings include:77% ...
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ABI research: Bulk-insured pension fund assets reach £30 billion
Bulk-insured pension providers have reported that pension funds under management totaled £30 billion at the end of 2010, according to research by the Association of British Insurers (ABI).The pension schemes of over 600,000 members are now covered by these bulk buy-outs.In response to increased interest, the ABI and the National ...
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EXCLUSIVE: Jelf research: Half of employers will offer voluntary benefits because of welfare reforms
Almost half (48%) of employers expect to offer more voluntary benefits as a result of government welfare reforms, according to research by Jelf Employee Benefits.The survey, which was conducted in October among 169 small- to medium-sized enterprises (SMEs), found that the reforms introduced in the Welfare Reform Bill 2011, may ...
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ABI research: UK employees unsure about employers' sickness absence benefits
The majority of employees (77%) that have been off sick for more than three months have received, or are currently receiving, NHS healthcare, according to research by the Association of British Insurers (ABI).The ABI Quarterly Consumer Survey found that employers have paid, or are currently paying for 9% of respondents ...
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ComRes research: City workers believe their colleagues are overpaid
Employees in the financial services sector believe that City bond traders, FTSE 100 chief executives and stock brokers are paid too much, according to a survey conducted to mark the 25th anniversary of the ‘Big Bang’ of financial deregulation.The report Value and values: Perceptions of ethics in the City today, ...
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Mercer research: UK employers anticipate below inflation pay rises in 2012
UK employers anticipate pay rises at 3% which is below inflation, according the Mercer’s TRS Quarterly Pulse Survey.The survey also found that organisations in Western Europe predict that their employees will be given pay rises that average 2.7%; the lowest increase across the Europe, Middle East and Africa (EMEA) region.Inflation ...
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Alexander Forbes research: Annuity rates fall across the board
Annuity rates are falling across the board, according to the latest figures from Alexander Forbes Annuity Bureau.This month saw across-the-board falls in male single life annuities as providers again cut their rates. Table topper Aviva reduced its rate by £90 to £5,720 per annum, while second placed Canada Life cut ...
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Towers Watson research: FTSE 100 pension deficits grew by £27 billion in one week
The aggregate deficits of FTSE 100 organisations’ pension deficits grew by £27 billion in one week, according to data from Towers Watson.The consultancy estimates that the deficits of the defined benefit (DB) schemes stood at £8 billion at the beginning of last week, but had increased to £35 billion when ...
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London School of Economics research: Senior executives' pay clearly linked to corporate performance
Senior executives’ pay is clearly linked to the success of an organisation, according to research by the Centre for Economic Performance and the London School of Economics.The study, Firm Performance and Wages: Evidence from Across the Corporate Hierarchy, found that when an organisation’s performance improves, so does pay, but it ...
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Aon Hewitt research: Almost half of employers have closed DB schemes to accrual
Over 40% of organisations have closed their defined benefit (DB) pension schemes to future accrual or are currently in the process of doing so, according to research by Aon Hewitt.The Pension benefit design survey polled 300 organisations with DB arrangements, predominantly in the private sector.Where organisations are closing to future ...
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Grid research: Mental health one of most common causes of sickness absence
Stress-related mental health is one of the most common causes of long-term sickness absence, according to research by Group Risk Development (Grid).The research, conducted among 500 employers, found that stress-related mental health was the second most common cause, cited by 15% of respondents, behind home and family issues, cited by ...
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Scottish Widows research: Gender pay gap affecting women's pension pots
The number of women saving for retirement has risen to 50% in 2011, compared to 43% in 2010, according to research by Scottish Widows.The Scottish Widows women and pensions report 2011, which surveyed 5,200 UK adults, found that, despite this rise in the number of women saving, men are still ...
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Institute of Financial Planning research: One third of employees not contributing into a pension scheme
A third (31%) of UK employees are not currently contributing to a pension scheme, while 14% have never made any pension contributions, according to research by the Institute of Financial Planning (IFP) in association with National Savings and Investments (NS&I).The Financial planning survey, which coincides with UK Financial Planning Week ...
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Mercer research: Meaningful benefits increase employee engagement
Meaningful benefits, such as personal car leasing schemes and student debt loans, improve employee engagement levels, according to research by Mercer.The What’s working survey, which polled 30,000 employees in 17 countries, found that these types of benefits reinforce an organisation’s appeal as an employer, are immediate and cost effective, and ...
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Aviva research: 84% of younger workers would like financial help from employers
The majority (84%) of younger workers (25 to 35 year olds) would like financial help from their employers in order to plan for their future, according to research by Aviva.The research found that many employees in the 'foundation generation', so called because they are laying the groundwork for their finances, ...
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PWC research: Asset managers' pay increases by 18% over last year
Asset manager remuneration has increased by an average of 18% over the last year, according to research by PricewaterhouseCoopers (PWC).The Paying a premium for the best investment professionals asset management reward survey 2011 found that employers' salary bills have increased by an average of 4%.Compared with 2010, compensation as a ...
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Employee Benefits/Lorica Employee Benefits defined benefit pensions research 2011
Download a PDF of the Employee Benefits/Lorica Employee Benefits DB pensions research 2011About two-thirds (65%) of respondents operate a defined benefit (DB) pension scheme, with final salary plans the most popular type. Most respondents’ DB plans are closed to new members or to future accrual. Larger employers are more likely ...
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IDS research: FTSE 100 directors see 49% rise in earnings
FTSE 100 directors have seen their total earnings increase by an average of 49% in the last financial year, and are now averaging £2,697,664 per year, according to research by Incomes Data Services (IDS).The IDS Directors’ pay report found the average rise for:Chief executive officers (CEOs): 43.5%Finance directors: 35%All other ...
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ONS research: Pension scheme membership lowest since 1950s
Active membership in workplace pension schemes fell to 8.3 million in 2010, according to research by the Office for National Statistics (ONS).The figures, from the Occupational pension schemes survey 2010, are the lowest since the 1950s.Of the active members, 5.3 million were in public sector schemes and three million were ...
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Mercer research: Half of employers expect to outsource pension administration
Almost half (45%) of employers are expecting to outsource the administration of their pension schemes over the next three years, according to research by Mercer and Chatham Partners. The research, from a poll of a cross-section of large private and public sector organisations, also found that a further 10% expressed ...