All articles by Tynan Barton – Page 72
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Article
Postlethwaite appoints new share plan director
Postlethwaite has appointed Stephen Chater as share plans director.Chater joins the share scheme and employee ownership firm from Addleshaw Goodard, where he was a partner since 2003.Chater previously held the position of partner at Allen and Overy between 1989 and 2003.Robert Postlethwaite, managing partner, said: “We are absolutely delighted Stephen ...
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Article
Government will not limit bankers' bonuses
The government will not limit the amount of bonuses that banks can award their staff, according to a spokesperson for David Cameron.The government has come under pressure to set tough rules on bankers bonuses, particularly the large payouts at banks which needed state support during the financial crisis.However Downing Street ...
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Article
The Pensions Trust implements new investment service
The Pensions Trust has implemented a new investment service across all its schemes to allow for the generation of better risk-adjusted returns relative to liabilities.The new strategy will see the Pension Trust, a multi-employer pension fund for the third sector, continue to invest more of the underlying schemes’ assets in ...
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Article
Informa adds corporate Isa and computer rental to flex
Informa has launched a computer scheme and a corporate individual savings account (Isa) in its 2011 flexible benefits.The Isa will be available to employees from April, so the business publishing company will reopen the enrolment period for flex in March to give staff the opportunity to contribute to the Isa ...
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Article
Derbyshire Probation Trust signs up for new HR and payroll system
Derbyshire Probation Trust has signed a five-year contract with NorthgateArinso to provide its web-based ResourceLink Aurora HR and payroll system.The probation trust required a system that would support the transformation of the probation service to increase efficiency savings.Its new system will enable Derbyshire Probation Trust to reduce the resources required ...
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Article
UK managers’ bonus and profit shares fall
UK senior and middle managers have seen a fall in the proportion of earnings they receive in the form of bonus and profit share in 2010.The Global 50 Remuneration Planning Report which shows consultancy Towers Watson’s analysis of differing patterns of ‘at risk’ pay, found that the remuneration of senior ...
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Article
Capgemini increases focus on staff wellbeing
Capgemini is increasing its focus on employee wellbeing with its new Thrive initiative.The campaign is in three phases over a six-month period, helping staff to become more aware of their vital health signs, including body mass index, hydration level, blood pressure and body fat.The consultancy introduced Water Wellpoint health kiosks ...
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Analysis
How to conduct a pay review
If you read nothing else, read this... Pay reviews vary. Some differentiate base salary according to performance measurement, while others provide an across-the-board increase. Pay strategies differ according to business models. For example, organisations with highly volatile business models will often have lower base salaries but bigger incentives. To build ...
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Article
Interview with Chris Coyne, group head of reward at City and Guilds
Chris Coyne, group head of reward at City and Guilds, has drawn on his experience in the Royal Navy to develop a sense of purpose in a wide-ranging career in HR and rewardAfter leaving the Royal Navy in 1999, Chris Coyne, group head of reward at City and Guilds, found ...
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Case Studies
Case study: Kent County Council keeps pay rates local
Kent County Council has an unusual approach to public sector pay. It introduced local pay rates in 1990 and, over the past five years, has allowed unions to engage in local pay bargaining.In April 2010, the council reformed its pay structure for about 13,000 staff, excluding schools, by removing annual ...
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Analysis
Build up emotional resilience to tackle workplace stress
If you read nothing else, read this… Emotional resilience is an individual’s ability to cope in times of stress. The workplace can have a big effect on employees’ resilience, particularly work overload, multiple goals, and relationships with managers. Resilience is a skillset, or set of behaviours that can ...
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Article
Employers warned not to forget anti-forestalling rules
Employers have been warned that anti-forestalling rules, brought in ahead of now defunct regulations to restrict tax relief on pensions to the basic rate for staff earning £150,000, still apply.The rules were introduced by the Labour government in April 2009 to stop taxpayers making large pensioncontributions in advance of the ...
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Article
Group risk benefits gaining popularity in flex packages
Group risk benefits are growing in popularity, according to research from industry body Group Risk Development (Grid).The Group Risk Employer Research study of 500 UK businesses in October 2010 found 25% of employersprovide group life and group income protection (GIP) in their benefits, and 14% include group critical illness cover.Grid ...
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Article
Barr implements eyewear policy across three divisions
Contracting firm Barr has implemented a new eyewear policy for three of its divisions: industrial, environmental and manufacturing.Part of the policy, operated in conjunction with provider Specsavers Corporate Eyecare, includes supplying prescription safety eyewear to relevant employees and site operatives.All employees within the three divisions will also receive Specsavers Premium ...
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Article
NHS Employers proposes pay freezes to save jobs
NHS Employers has proposed a national enabling framework to freeze pay in return for a guarantee of no compulsory redundancies.Twelve NHS chief executives have signed a letter supporting the proposal, which would allow employers to freeze incremental pay for all staff groups.If agreed, the framework, which was proposed following discussions ...
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Article
AT Kearney appoints Gatemore to oversee pension investment strategy
Trustees of AT Kearney Pension and Life Assurance Scheme have appointed Gatemore Capital Management as dedicated chief investment officer.Under the new arrangement, Gatemore will work with the trustees to develop and implement the pension scheme's investment strategy.Jonathan Anscombe, chair of trustees and European head of the pharmaceuticals and healthcare practice ...
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Article
Canada Life extends group critical illness support services
Canada Life has extended its group critical illness services to make the Red Arc and Best Doctors support services available to all existing members with immediate effect.The changes follow the relaunch of Canada Life’s group critical illness proposition in late 2010.Red Arc provides help and support for members and their ...
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Article
Regent’s College implements new HR and payroll service
Regent’s College has implemented a new web-based HR and payroll service to support its plans for growth over the next five years.The higher education institution has appointed NorthgateArinso to provide its ResourceLink Aurora system in order to streamline processes and cut down the amount of administration required.A range of working ...
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Article
Drive Smarter launches e-learning driver training for small fleets
Drive Smarter has launched an e-learning programme to help small fleets with compliance, cost-savings and risk reduction.The programme is designed to assist in reducing accidental damage costs and result in a safer working environment as well as addressing the required duty of care to employees.The Drive Smarter Small Fleet programme ...
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Article
Health Shield adds new cover level to cash plan
Health Shield has extended its voluntary corporate cash plan with the creation of a new entry level.Employees can now choose from six levels of cover, including the new ‘Access Level’, priced from £1.25 per week.The introduction of the new level follows a scheme review of all product offerings by Health ...