Six out of 10 UK employers have made ‘special’ additional pension contributions to help plug their scheme deficits in the past year, research has revealed. The main reason for extra contributions, cited by 30% of the FTSE 100 companies surveyed, was to cover shortfalls in their pension schemes.
Gloomy health service staff
Health service workers are the gloomiest in the public sector, according to the findings of a bi-annual survey of 1,000 workers by Mori and the Work Foundation. Less than half of health service workers (48%) believe that ‘senior management have a clear vision of where the organisation is going’. By contrast, 67% of people who work in the education sector agree with the statement.
Managing the workforce
Building and home improvement retail group Travis Perkins hopes to cut costs and boost productivity with the implementation of a new workforce management system for its 15,000 UK staff. The company, which has more than 800 Travis Perkins outlets and 178 Wickes stores, has signed a contract with WorkPlace Systems for the use of the supplier’s labour budgeting, forecasting, scheduling, and time and attendance software modules.