Pay rises ‘stagnate’ as costs squeeze employers
UK pay rises “stagnated” in the third quarter of 2024, remaining at 4 percent, while forecasts for 2025 point to lower pay awards of 3 percent, data from Brightmine...
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UK
UK women retire 7 years later as flexible work dubbed ‘a game-changer’
UK women are retiring seven years later, on average, than they did 30 years ago, signalling “dramatic shifts” in how people approach work. The study from longevity think tank...
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A fifth of employees ‘clueless’ about amount paid into pensions
Almost one in five (19 percent) employees do not know how much they or their employer are paying into their pension, a survey has found. This lack of awareness...
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Named exec could be required to take responsibility for staff pension outcomes
Employers may be required to name a dedicated executive that is responsible for staff retirement outcomes, a treasury consultation has said. The government has raised concerns that workplace pensions...
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Aegon and Cushon to boost pension pots with investment in British Growth Partnership
Pension providers Aegon UK and Natwest Cushon are backing the government’s British Growth Partnership (BGP) to give workplace savers access to innovative investment opportunities that could boost pension pots....
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Government ‘pension megafunds’ plan could supercharge savers’ pots
The treasury has unveiled plans to boost pension pots for savers and potentially unlock billions in investment by dramatically reshaping the UK’s pensions landscape. Under the reforms, “pension megafunds”...
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Review pay for ‘green jobs’ to plug skills gap with workers over 50
Employers have been urged to review pay and conditions for ‘green jobs’ as older workers remain reluctant to join a sector crying out for experience and skills. A report...
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Post Office to raise postmasters’ pay as job cuts considered
The Post Office has announced a £250 million pay increase for postmasters by 2030 as part of a five-year transformation plan, marking a "fresh start" after the Horizon scandal....
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Two fifths of working women face pension poverty, onus to fix it ‘lies with employers and state’
Women retire with £100,000 less than men, on average, while two fifths of women (42 percent) are currently on track to face poverty in retirement compared to just over...
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Public sector pay awards surpass ‘plateauing’ private sector
Employer plans for pay awards in the public sector have overtaken those in the private sector for the first time since Autumn 2020. Previously, the public sector had the...
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HR & Benefits Unboxed
The podcast from HR & Benefits, the title for HR, reward and benefits professionals.
Seasoned professionals examine the challenges and innovations in today’s employee benefits, reward and HR sector. Every episode, they will unbox a key issue and unpack what it really means for employers and how they can tackle it.
HR & Benefits Unboxed – Hybrid work: reality versus rhetoric
Return-to-office mandates are a topic that’s generating plenty of heat in the media, but how closely do the headlines match workplace reality?
In this episode, one of a three-part series of 10-minute podcasts, hosts Claire Churchard and Steve Herbert discuss data that shows remote or home working is on the rise.
We look at what this means for HR, from balancing employee flexibility with business needs, to ensuring benefits packages remain fair and accessible. We discuss the pinch points, and the opportunities, in building the new normal of work.
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