research – Page 45
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Employers urged to consider the legalities of managing workers' pay after riots
Employers need to consider the legal implications of making changes to workers’ pay and managing their return to work following the riots to avoid disputes.Law firm Eversheds said that employers will have to pay employees absent from work because of the riots, unless there is a specific clause in an ...
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NAPF research: £120 billion wiped off UK pensions value
Stock market volatility has caused more than £120 billion to be wiped from the value of UK pensions in the past month, according to figures from the National Association of Pension Funds (NAPF).The figures take into account the fall in value of defined benefit (DB) and defined contribution (DC) workplace ...
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Adecco research: Employers confused about implications of Agency Workers Regulations
Many employers are confused about the implications of the forthcoming Agency Workers Regulations (AWR), according to research by Adecco.The survey of nearly 500 HR professionals found that respondents were particularly unclear about the impact of temporary workers’ benefits, including holidays and bonus eligibility.Employers are also unclear who is ultimately responsible ...
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Badenoch and Clark research: Public sector would rather have pay cut than lose pension
Nearly half (45%) of public sector workers said they would rather see their pay cut than their pension, according to research by recruiters Badenoch and Clark.The research, Re-branding the state: the public sector brand in an age of cuts, stikes and reforms, which polled over 1,000 public sector workers, also ...
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VocaLink research: Take-home pay down £1,200 since 2008
Employees are taking home more than £1,200 less pay compared to three years ago, according to research by VocaLink.The VocaLink Take-home pay index shows that both public and private sector pay outlooks are fragile, while overall take-home pay has fallen by £1,212 since the end of 2008.Income after tax and ...
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CIPD research: Salary freezes abound as cost of living overtakes pay
Employees continue to feel the effects of tight employment budgets and rising living costs as research from the Chartered Institute of Personnel and Development (CIPD) shows that pay levels have fallen below the current cost of living.The 2011 Employee Outlook: focus on pay research finds that just one in four ...
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Department for Work and Pensions research: A third of employers offer stress management or support to staff
One-third (32%) of employers offer stress management or support to staff, according to research by the Department for Work and Pensions (DWP).The DWP's Health and wellbeing at work: a survey of employees also found that only 38% of respondents reported having access to occupational health services. This was more prevalent ...
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Inez Anderson: What impact would integrating tax and NI have on reward?
The potential integration of income tax and NICs received a mixed reception, even though businesses have frequently argued that it would cut their compliance burden.The impact of integration on the structure of reward packages in the UK will depend on what integration ultimately means. Currently, the key three components of ...
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Graham Farquhar: What impact would integrating tax and NI have on reward?
The key potential gain from integrating the income tax and national insurance (NI) systems is simplicity, in the form of reduced administration and compliance costs, greater transparency and the removal of technical anomalies between the two bodies of legislation.It remains to be seen how, and to what extent, the systems ...
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LCP research: FTSE 100 pension scheme deficits plummet
The combined pension scheme deficits of the UK’s biggest organisations plummeted by almost two-thirds in the past year, according to the Lane Clark and Peacock's annual Accounting for Pensions report.The report showed that the aggregate FTSE 100 pension deficit now stands at £19 billion, down from £51 billion the previous ...
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Hay Group research: Graduates gunning for big salaries
Graduates entering the job market are more concerned than ever about winning a big salary, as economic uncertainty and rising living costs put pressure on them to earn more.A new study by management consultancy Hay Group shows that salary is the number one concern for graduates, with 93% describing base ...
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Reabur research: Employers do not expect mothers to return after maternity leave
Nearly two-thirds (64%) of employers do not expect female employees to return to work after their maternity leave, according to research by Reabur.The survey of almost 2,000 organisations by the online independent HR consultancy also found that almost half (47%) believe this is because of previous experience.Furthermore, 23% of respondents ...
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Lex Autolease research: Cost of hybrid or electric cars a barrier for employers
Four in 10 financial directors would not pay a financial premium to introduce hybrid or fully electric cars to their fleets, according to research by Lex Autolease.The fleet provider, which polled 100 employers across the UK, also found that just over half (53%) would invest in hybrids and electric cars ...
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ALD Automotive research: Average CO2 emissions down in company cars
The average carbon dioxide emissions of new company cars have dropped to an all-time low of 138.1g per km, according to research by ALD Automotive.That figure compares with an average figure of 142.6g per km in 2010 and 166.8g per km in 2003.The research also found that environmentally friendly cars ...
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GE Capital research: Company cars grow in importance
The importance of company cars as a business tool has increased among employers in the past two years, according to the quarterly Company Car Trends research by GE Capital, Fleet Services.For essential car users, the perceived importance of the company car is now rated on aggregate almost nine out of ...
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MIB Data Solutions research: SMEs stick to outright purchase of company cars
Outright purchase remains the preferred form of company car acquisition among small- and medium-sized employers.According to a survey of 1,317 fleet managers by MIB Data Solutions, the vast majority (1,163) preferred to buy company cars outright, while 685 use some form of leasing and 259 do both.Nick Boddington, managing director ...
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Wealth at Work research: Employers to offer support during retirement changes
The majority (85%) of employers will provide some sort of employer-sponsored support using a combination of communications, financial education and/or advice for staff in response to forthcoming legislative changes, according to the Rethink retirement survey 2011 by Wealth at Work.The removal of the default retirement age (DRA), which will be ...
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Employee Benefits/Worplace Savings Research 2011: Investment
Employers are grasping the importance of adequate default funds and ensuring employees understand their investment choices, says Debbie Lovewell†More than three-quarters of respondents that offer a defined contribution (DC) pension scheme include at least one default investment fund for staff who do not choose to make active investment decisions. Some ...
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HMRC wins car allowance tribunal against Total People
HM Revenue and Customs (HMRC) has overturned a first-tier tribunal decision that found business motoring allowances paid to staff at training firm Total People were exempt from national insurance contributions (NIC).The case, from August 2010, concerned whether the NIC relief for business travel could be used, not only on a ...
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Ant Donaldson: What impact would integrating tax and NI have on reward?
Ant Donaldson, senior specialist, employee benefits at E.On UK:Anything that simplifies tax regulations has to be viewed in a positive light, provided people do not lose out.Income tax and national insurance (NI) have different thresholds and limits and interact with reward in varying ways, making it hard to explain them ...