All articles by Robert Crawford – Page 24
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47% of auto-enrolment probes result in breaches
The number of investigations into auto-enrolment compliance by The Pensions Regulator (TPR) that result in potential and actual breaches has more than doubled this year, according to a Freedom of Information request by Creative Auto Enrolment.The request by the auto-enrolment services organisation found that investigations resulting in potential or actual ...
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Actors denied minimum wage for not meeting 'worker' classification
A number of actors that worked under a profit sharing arrangement have been denied the right to be paid the national minimum wage. The Employment Appeal Tribunal has rejected the original judgement because it failed to apply the correct legal test to see whether the employed actors were defined as ...
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Employer funds holidays to boost engagement
Something for the weekend…Sitting in a dull office all day could well lead to employees becoming uninspired, demotivated and in need of a holiday.In these cases, perhaps the best way to boost creativity is to spend some time away from work.Thinkparallax, an 11-person strong creative agency based in Sourthern California ...
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Top 10 stories most read this week
The top 10 most read stories on employeebenefits.co.uk from 15-23 October: 1. Nestle employee liable for tax on payment in lieu of benefit 2. Government confirms action to cap pension charges at 0.75%3. Wells Fargo employee demands pay rise via email 4. Home Group to re-launch benefits package 5. The ...
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Government to abolish short service pension refunds
The government is to abolish short service pension refunds for employees who leave an employer after less than two years’ service.Under current arrangements, a member of an occupational pension scheme that leaves having completed more than three months but less than two years’ qualifying service may be entitled to receive ...
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Asos plans to change management incentive plan
Asos is planning to change the way it rewards top employees through its management incentive plan. The online fashion retailer’s current scheme, which awards bonuses to management based on its share price, is due to run until 2016.However, its share price has fallen by 63% over the last year making ...
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24% of employees are on low pay
There has been an increase in the number of people in low pay between the 1990s and 2010s, according to research by the Chartered Institute of Professional Development (CIPD).Its Pay progression: understanding the barriers for the lowest paid report, which categorises low pay as those paid below 20% above the ...
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Scottish Prison Service moves eyecare benefit online
EXCLUSIVE: The Scottish Prison Service has moved its employee eyecare benefit online.All HR managers across the 14 prison service sites now have instant access to its eyecare scheme, provided by Specsavers Corporate Eyecare, to offer all staff vouchers for visual display unit (VDU) eyecare and safety eyewear.It uses the vouchers ...
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Warburtons increases staff pension contributions
Warburtons has seen more than 376 pension scheme members of staff increase contributions in the last year following the introduction of its three-year engagement plan.The family-owned baking organisation also reduced its auto-enrolment opt-out rates to 1%, down from 2.6% in October 2013.Speaking at the annual National Association of Pension Funds ...
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CDC will be lasting legacy of pension reforms, says Steve Webb
One of the lasting legacies of the coalition government’s pension reforms will be the introduction of collective defined contribution (CDC) schemes, said pensions minister Steve Webb at the annual National Association of Pension Funds (NAPF) conference.Webb said that CDC pension schemes have a future in this country, having seen developments ...
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Wells Fargo employee demands pay rise via email
Something for the weekend…It is no secret that many employees have been left disgruntled by continuing low, or no, pay increases.In recent years, many have turned to strike action to make their views known. However, one employee at Wells Fargo in Portland, Oregon, tried a different, more unusual, approach.Tyrel Oates, ...
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Nestle employee liable for tax on payment in lieu of benefit
A former Nestle employee’s has been ruled to be liable for the tax on a lump sum payment received in exchange for giving up membership of the organisation’s healthcare scheme.While Mr Forsyth was employed by the organisation, the claimant was a member of its healthcare scheme. Although this membership ceased ...
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Travis Perkins Group strengthens EVP
EXCLUSIVE: Travis Perkins Group has reviewed its benefits offering for its 24,000 employees and has launched a number of initiatives to boost its employee value proposition (EVP).The builder’s merchant and home improvement retailer, which also owns 17 other brands including Wickes and Toolstation, has launched an online benefits portal, rebranded ...
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Ofcom enters into fifth pension buy-in
Ofcom has continued to manage its defined benefit (DB) pension scheme deficit with a buy-in contract to help de-risk its scheme liabilities.The buy-in arrangement with Legal and General, which is the fifth contract between the insurer and the communications regulator, covers a further £50 million of Ofcom’s (Former ITC) staff ...
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American Express and Deutsche Bank to speak at FEM's Global Mobility Summit
American Express, Deutsche Bank, and TNT Express are among the employers that will speak at the Europe, Middle East and Africa (EMEA) Global Mobility Summit 2014 in London on 7 November. This flagship event, run by Employee Benefits’ sister brand the Forum for Expatriate Management (FEM), brings together influential global ...
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FTSE 100 directors' pay rises by 21%
FTSE 100 directors’ total earnings have risen by more than 21% in the past year while average wages in the UK have stagnated, according to research by Incomes Data Services (IDS). Its IDS Directors pay report 2014/15, which collates data from organisations’ annual reports, found that the overall earnings growth ...
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NHS staff strike over pay
Thousands of NHS employees, including nurses, midwives and ambulance staff, are taking strike action over the government’s proposed 2014/15 pay awards.Unison, Unite, GMB, Royal College of Midwives (RCM) and Union of Construction, Allied Trades and Technicians (UCATT) members working in the NHS will strike on 13 October for four hours.Staff ...
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Government updates BYOD guidance
Employers need to consider key security aspects when allowing employees to bring their own devices to work following updated guidance from the government’s National Technical Authority for Information Assurance. The government has updated its bring-your-own-device (BYOD) guidance for employers following a rapid increase in the use of mobile devices and ...
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Hyde Group to add new perks to flexible benefits
EXCLUSIVE: The Hyde Group is to introduce a number of new flexible benefits during its next annual enrolment window to reflect staff preferences.Following feedback from employee surveys, the organisation will introduce dental insurance, an individual savings account (Isa), critical illness cover and salary sacrifice arrangements for mobile phone and technology, ...