All articles by Viola Caon – Page 4
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Half of larger firms review employee benefits annually
More than half of organisations with 1,000-plus staff review the benefits they offer on an annual basis, according to research by Legal and General.The research found that two-fifths of organisations with between 10 and 100 staff do not plan to review the benefits they offer to staff in the foreseeable ...
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18% of respondents receive a dental plan through their employer
Only 18% of respondents are offered access to a dental plan through their employer, according to research by Cigna UK.The study, carried out in conjunction with YouGov, found that almost a third of those who are not offered dental †benefits through their employer would like to be.The research coincides with ...
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Hymans Robertson launches auto-enrolment services for mid-sized employers
Hymans Robertson has launched a range of services to help mid-sized employers prepare for auto-enrolment.These will tackle four key stages of implementing auto-enrolment:Designing a solution for auto-enrolment.Turning the design into reality.Providing technical support.Reviewing the approach.Lee Hollingworth, head of defined contribution (DC) at Hymans Robertson, said: “The auto-enrolment journey for Britain’s ...
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Nest launches guidance for communicating pensions to new generation
The national employment savings trust (Nest) has launched eight golden rules, aimed at helping employers to lead staff through the incoming pension reforms.The rules, which focus on removing jargon, are:Keep it real: Avoid abstract languageRights not responsibility: Tell people what they are entitled toOut with the old: Make pensions relevant ...
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Employers struggle to pay salaries that keep up with inflation
Employers continue to struggle to close the gap between basic salaries and the cost of living, according to research by the Chartered Institute of Personnel and Development (CIPD).Its Spring 2012 Labour market outlook survey of more than 1,000 employers found that pay award expectations for the next 12 months have ...
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Staff are happier if they can use their own computer devices at work
Organisations that allow employees to bring their own computer devices (BYOD) to use at work are more attractive employers and enjoy better workplace morale, according to research by cloud computing firm Nasstar.The research, which surveyed 300 small and medium-sized enterprises (SMEs), found that allowing staff to use their own smartphones, ...
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Executives prefer less risk-averse pay packages
Most executives would prefer less risk-averse pay packages, rather than deferred bonuses and complex incentive schemes, according to a report by PriceWaterhouseCoopers (PWC) and the London School of Economics (LSE).The Psychology of incentives report, which surveyed 1,100 executives, found that most respondents would prefer a smaller but more certain reward ...
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Half of employers have confirmed providers for auto-enrolment
More than half (54%) of the UK’s largest employers have confirmed their providers for auto-enrolment, according to research by the Nest Corporation.The research, which surveyed 707 pension decision makers at UK organisations, found that a further 34% of respondents have an idea of the provision they will implement and only ...
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Lloyds Banking Group and Eversheds among employers volunteering in Give and Gain Day
Lloyds Banking Group, Eversheds and Arqiva are among 191 organisations taking part in Give and Gain Day on 18 May.More than 9,000 employees across the UK are taking part in the annual event, volunteering their working hours to community groups and local charities.Give and Gain Day, which aims to connect ...
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Civil service pension scheme appoints provider
The government's mutual joint-venture arrangement, My Civil Service Pension (MyCSP), has appointed Prudential to provide a defined benefit (DB) pension scheme for its 500 UK-based staff.MyCSP was launched in April 2012 as the first cross-government shared service.Martyn Bogira, head of corporate pensions at Prudential, said: “We are thrilled to have ...
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FTSE 350 pension deficits up by £30bn in May
The collective pension deficits of the UK’s FTSE 350 organisations have increased by £30 billion since the beginning of May, according to research by Towers Watson.The report found that the total deficits are estimated to have gone from £62 billion at the end of April to £92 billion by 16 ...
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Education secretary backs reform of teachers' pay
Education secretary Michael Gove has submitted evidence to the School Teachers' Review Body (STRB), which sets out a strong case for reform to the current system of teachers' pay.Gove has set out a number of possible options for reform, including:Varying levels of prescription in national pay arrangements.Setting a minimum and/or ...
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Female Network Rail staff to launch claim for back-pay
Thirty-four female middle managers at Network Rail are to confront the firm with an equal pay claim.The claim, which is due to be filed before the end of May, will ask for back-pay of £25,000 for each claimant.The rail union, the Transport Salaried Staffs’ Association (TSSA), have backed the claim. ...
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iGlobalWellness launches health and wellness programme for over-55s
Wellness services provider iGlobalWellness has launched a health and wellness programme for employees aged over 55.The programme, Age Busters, will focus on fitness, staying active and living a healthier lifestyle. The programme offers personalised activity and nutrition coaching, an advanced monitoring system, regular interactive support and motivational goal setting.David Moorcroft, ...
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Mercer appoints Daniel Hibbert to develop public sector pay and reward practice
Mercer has appointed Daniel Hibbert to develop the company’s pay and reward consulting services in the UK’s public sector.Hibbert has more than 15 years of experience in advising organisations on aspects of reward management, including employee relations, performance-related pay, incentive scheme design, job evaluation, equal pay reviews and pay-cost modelling.Prior ...
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Globoforce introduces recognition and performance tool
Employee recognition provider Globoforce has introduced a tool that links employee recognition and performance.The tool, Talent Maps, aims to help HR and business leaders keep track of their top performers by allowing them to use peer-to-peer recognition data to visually map out employee and team performance.The data can then be ...
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SMEs support tax breaks for health benefits
Many small and medium-sized enterprises (SMEs) support tax breaks for health benefits, such as therapies and gym membership, according to research by the Institution of Occupational Safety and Health (IOSH).The report, Safety in numbers, was commissioned by the polling and research consultancy ComRes to investigate employer needs and attitudes to ...
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Ceridian UK to launch products for pension reforms
Ceridian UK is to launch a series of products to help large employers manage the cost of the pension reforms, which are due to come into effect from 1 October 2012.The products include software that will identify and enrol relevant employees into a chosen pension scheme, ease communication and administration, ...
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Pension and Benefits Services selects Xafinity Claybrook’s software
Third-party pension administrator Pension and Benefits Services has selected Xafinity Claybrook’s Compendia software platform for its pension administration and management.Pension and Benefits Services is currently transferring the employers currently on its books and will place all future ones onto the Compendia system.The system enables employers to use integrated workflow processes ...
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Punter Southall creates retirement-planning business Aspire
Punter Southall has created a new business, called Aspire, that will provide pre- and at-retirement services.Aspire will provide a number of pre-retirement services, including annuity broking. It will also provide pre-retirement counselling to educate people on the impact of retirement and how to develop a sustainable income stream.Aspire will work ...