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American Pensions See Record $93-Billion Loss

November 21, 2008

After adjustment for liability gains, pension funding dropped to 92.7% (a 12% decline from the funded ratio at the beginning of 2008) after surrendering a total of $59 billion ...

Panel Provides Advice in Trying Times During Total Rewards Conference in Brussels

November 21, 2008

Grappling with the new economic realities, a panel of leading practitioners discussed their own experiences with rewards practices in Europe during the WorldatWork Total Rewards Europe Conference Oct. 28-30. The presentation was one of 14 during the two-day conference that provided case studies, advice on strategy, and tips for communicating total rewards to employees.

2008 Total Rewards Asia-Pacific Conference Focuses on Retention in Uncertain Times

November 19, 2008

Control the environment, and you control your work-life and destiny. That is the essence of the opening keynote address at the WorldatWork Total Rewards Asia Pacific 2008 Conference held in Singapore last month where more than 200 attendees from 25 countries gathered to network and learn ways to retain talent in the competitive Asia-Pacific market.

Tetra Pak Moves to Defined Contribution; Takes Advantage of 'Tax Neutral' Location

November 19, 2008

When Tetra Pak decided to transition from a defined benefits pension plan to a defined contribution plan, the company faced enormous challenges.

Royal Bank of Scotland Improves Employee Engagement With New Flexible Benefits Tool

November 19, 2008

The Royal Bank of Scotland (RBS) developed a strategy for driving employee engagement as a means to improve productivity and the bottom line.

Expats More Engaged, Harder to Retain

November 19, 2008

New research shows expatriates are generally more engaged than non-expatriates; however, they are a harder group to retain.

Unemployment in England Hit Young, Old Hardest

November 17, 2008

Workers under age 24 and those over age 50 are finding it more difficult to find work after losing their job, the analysis by Trades Union Congress found.

U.K. Workers To Get More Paid Leave, Still Lowest Amount in Europe

November 13, 2008

By April 2009 the minimum number of paid leave days in the United Kingdom (U.K.) will increase from 24 to 28 days ...

Multinational Companies Face Total Rewards Challenges

November 13, 2008

A new benefits survey identifies the challenges multinational companies often face when it comes to benefits and compensation versus companies that operate within the confines of one country.

Employers Pay More For The Best Candidate in Sour Economy

November 12, 2008

Hiring is down, layoffs are up. But firms are spending more money to ensure they have the right candidate when they do hire.

U.K. Industry Leaders Want Workers To Have Option to Work More Than 48 Hours

November 10, 2008

Industry leaders in the U.K. are encouraging members of European parliament to reject a proposal that would ban people in the U.K. from choosing to work more than 48 hours in one week.

Not All Managers See Value of Mentoring

November 10, 2008

While more than half of managers worldwide believe that coaching or mentoring employees has an effect on the bottom line, managers in North America are less likely to see a positive impact.

Holiday Parties Important to Employee Morale During Economic Downturn

November 10, 2008

While the economic slowdown is affecting businesses in all aspects of their organization, 60% of surveyed companies in the United Kingdom (U.K.) say they still intend to provide a holiday party for their staff.

Workers' Personal Internet Use Drains Bandwidth, Poses Liability

November 4, 2008

Nearly three-quarters of U.S. workers and 80% of U.K. workers believe they should have full access to social networking sites for personal reasons.

U.K. Considering Delaying Implementation of Flexible Work Extension

November 4, 2008

The Department for Business, Enterprise and Regulatory Reform (BERR) in the United Kingdom has announced that it may delay the implementation of legislation that extends the right to request flexible working from parents.