Monthly Archives February 2015

The Pensions Regulator (TPR) fines 166 firms for AE compliance failure

TPR fines 166 firms for AE compliance failure  A total of 166 employers were fined for failing to comply with their workplace pensions duties in the last three months of 2014, The Pensions Regulator has said. So far, since auto-enrolment started being rolled-out in 2012, 169 employers have been given £400 fines. Charles Counsell, director of automatic enrolment for TPR, said: “My message to all employers is that failing to declare within five months of your staging date means you risk being fined, which is why we recommend you start your automatic enrolment planning and preparation 12 months before staging.
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Categories: News.

Small and micro employers aware but not prepared for AE

Small and micro employers aware but not prepared for AE The staging process for auto-enrolment is about to increase in breadth, but small and micro employers may not be adequately prepared for the change, according to a report from pension-provider Nest. Of employers yet to stage, 83% do not yet have an active scheme in place; and although 91% of small employers (with fewer than 50 employees) and 85% of micro employers (one to four employees) are aware of the reforms, only 18% feel they completely understand what it means for their business. Around 43,000 employers have staged so far,
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Categories: News.

Pensions Regulator to begin micro auto-enrolment push

Pensions Regulator to begin micro auto-enrolment push All small and micro businesses are to receive letters from The Pensions Regulator in the coming months as part of a new campaign to give them key information on auto-enrolment. The Regulator will write to more than 1.5m addresses across the UK from the end of January, aiming to ensure that by the summer all employers know their staging date, as its own research has shown that “significant numbers” of small and micro employers are unaware. The new all-employer mail out is in addition to existing communications on the subject and also asks
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Categories: News.

In a recent survey two-thirds (65%) of respondents said they managed absence through the combined efforts between HR and line managers.

In a recent survey two-thirds (65%) of respondents said they managed absence through the combined efforts between HR and line managers. Two-thirds (65%) of respondents manage absence through the combined efforts between HR and line managers, according to research by HR, talent management and payroll software provider Midland HR. Its Understanding absence management study, which surveyed more 120 HR professionals, also found that 85% rely on reports to assist with communicating about the state of absence. The study also found:  66% of HR executives desire real-time information about absenteeism across their organisations, while 54% would appreciate alerts to new figures and trends. Respondents have varying ways
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Categories: News.