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Interesting HR Statistics: October 2019

HR Statistics October 2019 | HR Solutions

HEALTH & WELLBEING:  Cancer in the workplace Unum, an employee benefits specialist, have published the results of their recent survey of 300 employees who have been diagnosed with or received treatment for cancer in the past five years. It explored workers’ attitudes and challenges, as well as best practices for how employers can support their […]

Interesting HR Statistics: Pay and Benefits

HR Statistics | Gender and Pay | HR Solutions

Gender Pay Gap The Royal Statistical Society has made 10 gender pay gap recommendations to improve the current reporting system, which it considers to be flawed in a number of ways. For example, many of the first round of reports contained figures that were self-evidently wrong, such as one employer who stated that the gender pay gap […]

Breaches of pension auto enrolment triples

Auto Enrolment | HR Solutions

Action taken against companies who have failed to meet auto enrolment requirements, has risen by 306%, according to The Pensions Regulator. Enforcement action has increased to 8,812 incidents in the year to March 2016, up from 2,169 the year before. Since 2012, employers have been required to enrol all eligible employees automatically into a pension […]

WHAT DOES 2016 HOLD FOR SMEs?

HR in 2017 | HR Solutions

SMEs (Small and Medium Enterprises) face constant challenges so what does 2016 hold for them? 1 EU – are we leaving? If we do decide to leave the EU in June 2016 it will have a huge impact on all SMEs. For example, many SMEs rely on the free movement of EU workers. Whilst it’s […]

FCA to Curb Pension Exit Penalties

Auto Enrolment | HR Solutions

The Treasury has tasked the Financial Conduct Authority (FCA) with reducing what pensions service providers can charge investors. Chancellor George Osbourne told the House of Commons “The pension freedoms we’ve introduced have been widely welcomed, but we know that nearly 700,000 people who are eligible face some sort of early exit charge.” “The government isn’t […]

A fifth of UK workers expect to retire after 70

Auto Enrolment | HR Solutions

New research has revealed that over a fifth of UK employees expect to retire in their seventies and also have higher stress levels. Not only that, they are also less healthy and more stressed than employees who are hoping to retire sooner.   1,895 UK employees were interviewed for the Global Benefits Attitudes Survey, conducted […]

Employment Law 2016

UK Employment Law 2016 | HR Solutions

The key cases and employment law legislation that could affect your business over the next 12 months. 2016 is here, and it brings with it important legislative changes, a key Employment Appeal Tribunal (EAT) verdict, and a possible referendum on the UK’s continued membership of the European Union. Pensions Auto Enrolment Do you know your staging […]

Pension Auto-Enrolment: Avoiding the Pitfalls

Pension Auto Enrolment

The Government is aiming to head-off a future savings crisis with a pension auto-enrolment scheme for employees – and HR departments need to be aware of the potential pitfalls that this new legislation could bring. The latest development that employers need to know about when enrolling staff is new regulations banning consultancy charges. The regulations came into force […]

Employers Still Struggle with Auto-Enrolment

Lower Pay Rises than Expected for 2016 | HR Solutions

Nearly 8,000 SMEs have not made plans to fulfil their auto-enrolment requirements according to a new report from the Pensions Regulator (TPR). TPR stated that this figure represents 20% of the employers that were due to stage during the period from 1st April to the 30th June. During the same time frame TPR issued 119 […]

Employers Limited by Pension Compliance

pension-compliance-hr-solutions

A report has found that the rate of changes to pension compliance over the last five years has caused organisations to lose focus on their retirement objectives.   “Fit for Retirement”, a report by Towers Watson, found that 56% of UK businesses believe they have to prioritise compliance above any other factor when managing pension […]

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