All Research news articles – Page 29
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Article
Employee Benefits Live 2010: Cancer Research UK tests staff with employee benefits pilot
During a session called ‘Using reward to support recruitment retention and engagement of key staff’ at Employee Benefits Live on 29 September, Jane Vivier, reward and recognition manager at Cancer Research UK shared the details of the charity’s recent employee benefits pilot.The organisation hand-picked 600 employees from across the business ...
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Article
PMI/Standard Life research: Nest is viewed as largely irrelevant
The national employment savings trust (Nest) is viewed as largely irrelevant as most of the larger employers plan to rely on existing arrangements to cope with the 2012 pension reforms.This according to joint research from the Pensions Management Institute (PMI) and Standard Life called DC Pulse, an in-depth study of ...
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Article
PWC research: Half of workers would demand rise if pay is unfair
Almost half (49%) of employees would ask for a pay rise or look for a new job if they found out for certain that colleagues at the same level were paid more.The finding, from a recent poll of 1,148 UK workers commissioned by PricewaterhouseCoopers (PWC), comes as the Equality Act ...
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Analysis
Employee Benefits/Friends Provident Adviser Research 2010
How employers use benefits consultants and corporate advisersAs many as 59% of our respondents use benefits consultants/advisers for some aspect of managing benefits or pensions. Of these, three-quarters use multiple advisers or consultants.As you would expect, larger employers use more advisers/consultants: 27% of those with more than 5,000 staff have ...
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Article
Johnson Fleming research: Most pension salary sacrifice offerings are the default option
Employers which use a salary sacrifice arrangement for employee contributions to their organisation’s pension scheme are saving an average of £367.71 per year per member.The figure is the result of Johnson Fleming’s internal research, the Johnson Fleming Salary Sacrifice Analysis, which polled 8,633 employees. Among respondents, the average employee contribution ...
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Article
Unum research: Well-communicated benefits packages are essential to employee engagement
Well-communicated benefits packages are essential to employee engagement.According to Unum’s Financial protection research, 91% of companies with high levels of engagement (above 80%) communicate details of their benefits via a face-to-face meeting. Printed handouts were preferred for 64% of highly engaged companies.The research also found that an organisation is only ...
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Article
Scottish Widows research: Pensions vital to employee engagement
Research reveals the importance of pensions provision as an employee engagement tool.Scottish Widows’ Workplace Pension Report found that over two fifths (44%) of employees say the quality of the company pensions scheme is important when looking at potential employers.Furthermore, 63% of employees stated that they would be less likely to ...
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Article
DWP research: Only 28% of private sector firms offer a pension
Only 28% of private sector organisations offered some form of pension provision for their employees in 2009, down from 41% in 2007.According to the Department for Work and Pensions (DWP) Employers’ Pension Provision Survey 2009, which it polled 2,519 private sector employers, most of the decline in overall provision was ...
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Article
Mercer research: Majority of organisations reviewing expatriate benefits
Nine out of 10 organisations are planning to review or revise their global expatriate policies, including benefits and allowances, in order to cut costs.According to Mercer’s ‘International Assignments Survey 2010’ which collects data from over 220 multinational firms across all industries, among all regions, benefits (housing, education and home leave) ...
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Article
Exclusive Mercer research: Technology plays key role in salary sacrifice
More than a third (37%) of organisations are planning to introduce technology platforms to automate their salary sacrifice arrangements in the next 12 months.According to Mercer's Salary sacrifice and technology - evolution research, many organisations will also streamline existing arrangements, while providing greater benefit choice and improved communication through online ...
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Article
Simplyhealth research: Employers target staff health and wellbeing
Almost four in five organisations believe they have a responsibility to contribute to society, which is reflected in their benefits.Of the 257 HR respondents to Simplyhealth's Bothered Britain report, in conjunction with Opinion Matters, 75% believe it is important to address all aspects of staff health and wellbeing.Although 37% of ...
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Article
Research: One-third of employers engage staff with face-to-face communication
Although nearly one-third (32%) of employers believe face-to-face communication is still the most effective way to engage staff, two thirds use online communication.Aviva UK's Health of the Workplace Four research shows the intranet plays a key role in the communication of employee benefits.Read more articles on voluntary benefits
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Article
IDS research: Aim directors' pay breaks £200,000 barrier
Directors of Aim-listed organisations received pay rises averaging 6.1% in the last financial year, and have reached an average of £168,8601.The Executive Compensation Review 354 by Incomes Data Services (IDS), shows the average basic salary of Aim chief executive officers (CEO) has broken through the £200,000 per annum ceiling for ...
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Pension Capital Strategies research: Pensions buyouts total £2.2 billion
Pensions buy-outs totalled approximately £2.2. billion in the second quarter of 2010, according to figures from Pension Capital Strategies.Rothesay Life confirmed the completion of the largest buy-in deal completed during 2010 with the £1.3 billion buy-in of pension liabilities of the British Airways pension scheme. This deal followed the same ...
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Article
Towers Watson research: Staff require pensions of 65% of salary to retire
The average employee expects to need a pension of around 65% of their salary before retirement, according to research from Towers Watson.Around 13% expect to need less than half their final salary, 25% expect to need around half their final salary and 27% expect to need a retirement income of ...
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Article
Medicash research: Men more likely to be absent due to stress
Men are four times more likely than women to phone in sick due to work related stress, according to a survey from Medicash, the healthcare cash plan provider.In the survey of 3,000 workers, 20% of men admitted to taking two sick days in the past month because of stress, while ...
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Article
Hewitt New Bridge Street research: Executive directors’ bonuses rise
While FTSE 100 organisations have continued to demonstrate some restraint when setting executive salaries, the 2010 FTSE 100 Directors’ Remuneration report from Hewitt New Bridge Street shows that bonuses have increased.The annual report shows the median total remuneration for the highest paid director in the FTSE 100 is just under ...
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Article
IPP research: Pay freezes will push public sector staff to the private sector
Nearly two-thirds (64%) of respondents think the two-year public sector pay freeze for staff with a salary of more than £21,000 will encourage movement towards the private sector, says a survey from the Institute of Payroll Professionals (IPP).The research also found nearly half (46%) of respondents feel the pay freeze, ...
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Article
Interview with Samantha Gee, director of resourcing and reward at Cancer Research UK
Psychology training has helped Samantha Gee, director of resourcing and reward at Cancer Research UK, develop the people skills she has employed in a wide-ranging career, says Tynan BartonEarly in her career, Samantha Gee, director of resourcing and reward at Cancer Research UK, discovered that her degree in psychology stood ...
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Analysis
Pensions Research 2010: Sponsor's comment
Communication is the key to guide staff through a changing pensions landscape, says Simon Fletcher, client relationship director at Johnson FlemingThe pensions landscape continues to evolve, with further changes planned, but not clarified, by the new coalition government. The industry itself is undergoing transformation, with mergers in both the adviser ...