All Employee Benefits articles in Web Issue – Page 694

  • Article

    Cancer Research UK appoints legal advisors to DB pension

    2013-12-12T12:13:00Z

    Cancer Research UK has appointed Sackers as legal advisers to the trustees of its defined benefit pension scheme.The charity’s pension scheme is closed to new members.Graham Parrott, chair of trustees of the Cancer Research UK pension scheme, said: “Sackers impressed us with its understanding of our needs.”Ian Pittaway, senior partner ...

  • Article

    MPs' pay and pensions to be reformed

    2013-12-12T12:23:00Z

    From 2015, MPs will receive pay linked to average earnings, as well as a pension scheme that is on a par with other parts of the public sector.The Independent Parliamentary Standards Authority (IPSA) published its decisions on reforming MPs’ pay and pensions following proposals previously announced in a consultation that ...

  • Article

    Lloyds fined for failings in sales incentive plans

    2013-12-12T12:29:00Z

    Lloyds Banking Group, which includes Lloyds TSB Bank, Bank of Scotland and Halifax, has been fined £28,038,800 by the Financial Conduct Authority (FCA) for serious failings in its control over sales incentive schemes.The incentive schemes rewarded the banks’ advisers through variable base salaries, individual and team bonuses, and one-off payments ...

  • Article

    Top 10 most read stories this week

    2013-12-13T01:00:00Z

    The top 10 most read articles on employeebenefits.co.uk from 5-12 December:1. How the Autumn Statement will impact employee benefits2. Basic state pension to increase by £2.95 a week 3. HMRC wins income tax avoidance case4. Royal Mail reaches pay settlement 5. Travis Perkins staff to share £17m sharesave payout6. Danone ...

  • Article

    Who is the most over-paid actor?

    2013-12-13T01:30:00Z

    Something for the weekend…UK employees are ranked the lowest paid across most job levels compared to other European countries, but they could feel even worse by looking at the return on investment on some Hollywood actors’ pay for a single film.According to Forbes’ 2013 List of the Most Overpaid Actors, ...

  • Article

    DOD’s blog: The day I met Nelson Mandela

    2013-12-13T01:30:00Z

    Today’s blog is going to be much longer than usual, and it is not on benefits.Instead it is a true story that happened to me in the mid-1990s but has lessons for all in senior roles in organisations.I am a born and bred South African and in the four years ...

  • Article

    Pg 13 - Events - small box

    2013-12-13T11:36:00Z

    Employee Benefits Connect will launch in New York, US on 25 March 2014. Register to attend at http://totallyexpat.com/new-york-eb-connect/

  • Article

    Advocate-General rules holiday pay should include commission

    2013-12-13T11:59:00Z

    Holiday pay should be calculated to include commission, according to Advocate General Bot of the Court of Justice of the European Union (CJEU).The case, Lock v British Gas Trading Ltd and ors Case C ­– 539/12, concerns Lock, a sales consultant for British Gas, who receives commission on a monthly ...

  • Article

    BGL Group launches on-site gym

    2013-12-13T12:03:00Z

    BGL Group has launched an on-site gym to keep its 1,500 employees healthy.The facility is part of the Peterborough-based organisation’s MyWellbeing programme, which aims to promote awareness of health and wellbeing among employees.The heavily-subsidised gym has the latest equipment, and two instructors will be available to offer training plans and ...

  • Article

    Firefighters in further pensions strike

    2013-12-13T12:07:00Z

    Firefighters across England and Wales are set to strike on 13 and 14 December over the government’s reforms to their pension scheme.The proposed changes, which were set out in the Public Service Pensions Bill 2013, include a move to career-average pension schemes, instead of final salary schemes, and a set ...

  • ONS-GenderPayGap-2013
    Article

    Gender pay gap increases to 10%

    2013-12-13T12:11:00Z

    The gender pay gap has risen to 10%, up from 9.5% in 2012, according to research by the Office for National Statistics (ONS).Its Annual survey of hours and earnings, 2013 provisional results, found that, for the year ending 5 April 2013, full-time earnings for men stood at £566 per week, ...

  • Article

    Roffey Park launches health workshops

    2013-12-13T12:16:00Z

    EXCLUSIVE: Roffey Park Institute has launched a series of half-day wellbeing workshops for its employees.The first three events, which were rolled out in September and October, were attended by around 60 of the organisation’s 80 staff.Roffey Park Institute creates programmes on leadership, organisational development, HR and coaching, so it is ...

  • Article

    Pg.16 – Interactive – Most talked-about features via Twitter

    2013-12-13T15:34:00Z

    In response to deputy editor Debbie Lovewell-Tuck’s December feature, How much do staff need to contribute for a comfortable retirement?, Phil Rixon, senior reward manager at Ladbrokes, tweeted:@PCRixon: “Retirement recipe by @DebbieLovewell in @EmployeeBenefit is a 2013 lightbulb moment for me: [defined contribution] pot = house value. Complex message made ...

  • Supplier article

    Interactive Pg 16-17: Linkedin Discussion Board

    2013-12-13T17:13:00Z

    Interesting to see you talk about wellness being on the up. The two areas we see ever-increasing levels of activity and spend are anything that relates to more agile and smarter working, and anything and everything that helps talented women.Ben Black, managing director, My Family CareVery pleased the impact of ...

  • Supplier article

    Interactive Pg 16-17: The month in numbers

    2013-12-13T17:19:00Z

    £8,844 the average gender pay gap of HR professionals (see page 22)£2.95 a week: the increase in the basic state pension from April 2014. (see Autumn Statement round-up)33% of HR and benefits professionals received pay rises of 2-3% in past year (see page 22)

  • Supplier article

    Interactive Pg 16-17: Top 10 most visited stories on the web

    2013-12-13T17:22:00Z

    1. Autumn Statement: Basic state pension to increase by £2.95 a week2. Abercrombie staff entitled to guaranteed payments3. Review of the 2013 benefits landscape4. How to measure workplace stress5. How the Autumn Statement will impact employee benefits6. How much do staff need to contribute for a comfortable retirement?7. Autumn Statement: ...

  • Article

    Duncan Brown: Linking reward with engagement

    2013-12-16T04:12:00Z

    The Chartered Institute of Personnel and Development’s (CIPD) latest Employee Outlook survey, published in autumn 2013, found just 36% of employees were positively engaged at work and one in four of them are looking for a new job. With 38% of them reporting that their employer still has a pay ...

  • Article

    Confessions of a benefits manager: Focusing on employee communications

    2013-12-16T11:27:00Z

    Actually, I thought focus groups had gone out of fashion, but Big Bad Boss wants me to organise one with my dear HR colleagues, which is rather like setting up a dog fight with a bunch of Rottweiler puppies. We have to discuss improvements to employee communications across all our ...

  • Article

    Two million UK employees are auto-enrolled

    2013-12-16T12:02:00Z

    More than two million UK employees have started saving into a workplace pension scheme as a result of auto-enrolment, according to research by The Pensions Regulator (TPR).Its Automatic-enrolment monthly registration report 2013, a rolling report with data starting from July 2012, found that 3,670 employers have confirmed to TPR that ...

  • Article

    Gender pay gap continues to rise

    2013-12-16T12:07:00Z

    The gender pay gap across Europe has increased to 10%, up from 7% two years ago, according to research by global management consultancy The Hay Group.Its Non-executive directors in Europe 2013 report, which surveyed 393 of Europe’s largest quoted companies across 12 countries, found that the median actual pay earned ...