Tags: scheme

Major IT businesses head into schools to stem the digital skills shortage

One of the world’s largest technology companies, Tata Consultancy Services (TCS), has joined forces with Marks & Spencer (M&S) and STEMNET to bring IT role models from industry into UK schools and get more students inspired about computing. Using ‘ambassadors’ from the computing profession in this way has been shown to make pupils over 90% more interested…

Computershare Voucher Services enters the employee benefits market

Computershare Voucher Services (CVS) has joined forces with Salary Exchange to enter the wider employee benefits market, with a great range of products designed to save employees money. ‘Computershare Salary Extras’ was created in response to employer repeatedly asking CVS for extra schemes to support their staff. Demand has increased in the current challenging financial…

J.P. Morgan enhances its employee benefits scheme with the introduction of Allianz Global Assistance

Allianz Global Assistance in the UK has won a new contract with J.P. Morgan to further strengthen its employee benefits scheme. Under the new agreement, Allianz Global Assistance is providing its Insured Family Homecare product to J.P. Morgan employees and their loved ones. Insured Family Homecare offers up to six weeks of assistance at home…

Govt pursues shares-for-rights scheme despite lack of support

The government has decided to press ahead with its plans for ‘employee-owner’ contracts despite a lack of support among either employers or employees. A consultation by the Department for Business, Innovation and Skills revealed that most organisations would choose not to take up the new rights, which were announced by Chancellor George Osborne in his…

More pension funds engaging with stewardship, but investment advisers could do more to help them

Pension funds are increasingly taking up their stewardship responsibilities, a new study from the National Association of Pension Funds (NAPF) indicated today (Tues). The NAPF Annual Engagement Survey, which was launched at the NAPF Annual Trustee Conference today, showed that seven out of ten respondents (71%) had taken the stewardship activities and policies of asset…

planIT joins REC Business Partnership Scheme

Specialist accountancy and tax services firm planIT have joined the Recruitment and Employment Confederation’s (REC) Business Partnership Scheme. planIT Services Limited is a firm of Chartered Accountants who offer specialised services to contractors and as part of the partnership with the REC they will be offering REC members free self-assessment tax advice. REC chief executive…

Public oppose Government’s ‘employee-owners’ scheme

A majority (63%) of people in Britain think that the government’s proposal for owner-employee schemes is a bad idea, according to a YouGov poll. The employee-owner schemes were announced by Chancellor George Osborne in his speech at the Conservative Party Conference. This change in employment law would enable employees to receive between £2,000 and £50,000…

Employees lose UK employment law rights under ‘owner-employees’ scheme

Employees will be requested to give up some of their employment rights in exchange for shares of the company they are working for. This comes under a new ‘owner-employee’ contract scheme which was announced by Chancellor George Osborne at a Conservative Party conference this week. He hopes that the scheme will benefit ‘fast growing’ small…

Could new HSE scheme be dangerous?

Following an initial pilot, today sees the roll-out of the new Fee for Intervention (FFI) guidelines (1 October 2012), which are set to have significant financial implications for businesses. The highly debated FFI regime will allow the Health and Safety Executive (HSE) to recover its investigation costs from businesses. This fee will apply when a…

Government starts campaign to advertise new pension scheme

It is now just six weeks until the Government’s automatic enrolment programme will be introduced, with the aim to get 11 million more people saving in a workplace pension by 2018. Starting with the largest employers, bosses will be required by law to pay into a workplace pension for all eligible staff who do not…

Multi-employer pension schemes gain stronger voice

The UK’s biggest pensions trade body has launched two new platforms for multi-employer pension schemes to give them a stronger voice. The National Association of Pension Funds (NAPF) has created separate multi-employer scheme forums for Defined Benefit (DB) and Defined Contribution (DC) pensions. The DB forum will be chaired by Joyce Martindale from RPMI and…

Grayling defends unpaid work experience scheme

News that young people in London on benefits will have to undertake unpaid work experience in order to carry on claiming has received a mixed reception from business leaders and unions. Employment Minister, Chris Grayling, and London Mayor, Boris Johnson, launched the new project on Tuesday to help young Londoners improve their career prospects through…

Health and safety breaches will hit businesses where it hurts

Any businesses caught flouting health & safety legislation could face significant bills from October according to a warning from workplace equipment supplier Slingsby. This follows an announcement from The Health and Safety Executive (HSE) that a cost recovery scheme, known as Fee for Intervention (FFI), will start on 1 October 2012 subject to Parliamentary approval.…