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High Court rules BBC cannot change pension to cut future benefits

Employee Benefits

billion pension to cut future benefits for plan members but can make other changes without employees’ consent. The case explored the treatment of future service benefits under the BBC pension scheme, which provides retirement benefits on a defined benefit (DB) basis for BBC employees who joined before 1 December 2010.

Pension 98
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BNP Paribas UK maximises choice for employees within flex scheme

Employee Benefits

The employer has seven organisations in different UK financial services markets, with more than 8,500 staff ranging from investment bankers to call centre workers. Its flexible benefits scheme was introduced in 2010 with wide range of options. This helps to increase staff engagement with their pension scheme.

Pension 59
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Employment and Labor Regulations in the UK

Global People Strategist

The country has a thorough and sophisticated set of employment laws that have evolved over the years in a way that employment protection is guaranteed. Even though high-ranking jobs come with added benefits and security, there are certain sectors of the economy where employment laws are not being enforced properly.

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Mental Injuries: Workers’ Compensation and Disability Insurance Part 1

Workers' Compensation Perspectives

The threshold for STD, LTD and SSDI is “disability” from employment while workers’ compensation claims must first establish a work-related cause before considering the issue of disability. The Canada Pension Plan Disability (CPP-D) system covers persons with contributions to the plan who suffer a “severe and prolonged” disability.

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Joanne Frew: The impact of the Retained EU Law Revocation and Reform Bill

Employee Benefits

All European Union (EU) derived employment law is under review following the publication of the Retained EU Law Revocation and Reform Bill. Against a backdrop of a competitive labour market, there has never been a more important time for employers to show their support, helping to create a stable workforce.

Pension 52
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What are you doing to plug your skills gaps? 

LACE Partners

When I joined Sainsburys it seemed apparent then that employers and society had little in the way of knowledge or understanding of those such as myself on the autistic spectrum. Evidence compiled from the National Autistic Society suggests that only 32% of people on the spectrum are in some form of employment.

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5 Common Problems with Small Business Retirement Plans

Insperity

A large majority of those employees who don’t participate in employer-sponsored plans blame strict eligibility requirements and an inability to afford contributions as the prime deterrents. With a smaller staff, a large pension plan may no longer be needed. In 2009, only 19.5 As your business changes, your needs change. Market changes.