research – Page 57
-
Article
Morgan McKinley research: Half of Irish employers expect to pay bonuses
Half of the respondents (50.5%) of the Morgan McKinley Irish Employment Monitor expect to pay bonuses at the end of 2010.Those anticipating bonuses expect them to be quite modest, with 45% of managers expecting them to fall in the range of 1- 5% of base salaries, while 38% of respondents ...
-
Article
NAPF research: Employers should be able to choose inflation measure
Almost half (48%) of NAPF members which run a defined benefit (DB) pension scheme would use a new legal power to switch from inflation indexation from the retail prices index (RPI) to consumer prices index (CPI).A further 21% said they would not and 31% said they did not know, according ...
-
Article
The Pensions Regulator in legal challenge with administrators
The administrators for Nortel Networks and Lehman Brothers have launched a legal case to challenge the Pensions Regulator’s ability to impose an order that requires them to provide financial support for underfunded pension schemes.The regulator has issued a Financial Support Direction (FSD) against the two companies on the grounds their ...
-
Article
The Work Foundation research: Align employees' priorities with benefits
A deeper understanding of individual employee's priorities and needs may afford employers a degree of scope to change formal employee benefits arrangements as long as these do not alter the core component of the employment deal.Understanding the Deal, the fourth report in the Future of HR series by The Work ...
-
Article
PensionsFirst research: DB deficits set to increase
Defined benefit (DB) pension deficits of the top 100 UK companies are set to increase by more than £25 billion within one month.According to PensionsFirst's PF Risk Report, over a year this could result in an increase of around £100 billion in the total deficit, bringing the current deficit of ...
-
Article
Robertson Cooper research: Personal resilience is key to wellbeing
Personal resilience is key to wellbeing according to research from business psychology firm Robertson Cooper.The i-resilience online survey of the working population found that the majority of respondents (81%) are confident that they can recover well when things go wrong, however only less than half (48%) believe they flourish when ...
-
Article
Friends Provident research: Employees expect to work longer
Employees expect to work beyond the new default retirement age of 66 with 40% planning to work past the age of 70 according to research conducted by Friends Provident.Out of the 1,200 people that look part in the report Visions of Britain 2020: Ageing and retirement, 32% do not have ...
-
Article
Aon Hewitt research: Final salary pension scheme deficit is closing up
The pensions deficit of the 200 largest privately-sponsored final salary schemes has reached its smallest level since September 2009, according to research from Aon Hewitt.The deficit stood at £69 billion at the end of October, compared to the £80 billion deficit recorded on 30 September 2010.According to the research, the ...
-
Article
Axa research: UK staff among highest retirement savers in Europe
UK employees are among the highest retirement savers in Europe, according to Axa’s bi-annual Retirement Scope survey.They rank just ahead of neighbours in Germany (48%), Italy (47%) and Spain (41%), although many respondents will experience a substantial drop in income at retirement due to lower levels of state benefit in ...
-
Article
Origen research: SMEs warned on auto-enrolment
More small and medium enterprises (SMEs) are offering their employees access to a pension scheme when they join the organisation, according to Origen Financial Service's Employee benefits survey.The research found 56% of SMEs offer staff immediate access to their pension schemes, compared with 45% in 2009. In addition, 80% of ...
-
Article
Lex Autolease research: Company car voted top salary sacrifice benefit
More than 20% of employers would opt for a company car above other salary sacrifice benefits, according to a survey from Lex Autolease.Conducted among 130 employees, the survey also found 78% of respondents would take up a salary sacrifice car if they had to replace a privately owned one.A similar ...
-
Article
LCP research: A third of employers dissatisfied with group risk offerings
A third (34%) of employers are dissatisfied with their existing benefits arrangements, says the LCP Risk Benefits Survey 2010: Trends in health and welfare benefits.The most common drivers for change include: the desire to extend existing benefits to more employees (26%) and wanting to introduce new benefits (24%).LCP, part of ...
-
Article
Aon Hewitt research: UK salaries set to grow by less than inflation
UK salaries increases are expected to rise but will still be below current inflationary levels.The Aon Hewitt 2010/2011 European Salary Increase Survey found that the average UK salary is expected to rise from 2.5% in 2010 to 2.7% in 2011.However, salary increases are still far below the 2007 pre-recession levels ...
-
Article
Employers fear the removal of the default retirement age will increase legal claims
Nearly half of employers (48%) are concerned the removal of the default retirement age in April will lead to an increase in age-related legal claims, according to research conducted by the Confederation of British Industry (CBI) and recruitment firm Harvey Nash.The Gearing up for growth survey of 330 UK employers ...
-
Article
Aviva research: Majority of employees would emigrate to improve health and wellbeing
Over three quarters of employees would consider moving abroad to help improve their health and wellbeing, according to new research from Aviva UK Health.The research found that 40% of UK workers would move abroad to improve their health and wellbeing, and 36% believe other countries offer a healthier environment and ...
-
Article
SPC research; Early access to pensions would boost the economy
Around £65 billion could be injected into the economy if employees were granted early access to tax free pensions cash sums from the age of 50, according to a study conducted by The Society of Pension Consultants (SPC).The research also highlighted that a further a £2 billion a year could ...
-
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 ...
-
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 ...
-
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 ...
-
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 ...