The dating game

first_imgWill the DTI’s plan to introduce legislation on just two dates a year helpor hinder employers? Compiled by Simon KentGerald DawsonPrincipal personnel consultant, Rebus HRThe plans by the DTI to have two specific dates for the introduction of employmentlaw changes hold a number of advantages for an employer. However, it isessential the DTI ensures the introduction of this change does not preventproper consultation with the appropriate parties prior to the legislation beingintroduced. The new system should not be an excuse to rush through legislation,as this will limit an employer’s ability to understand the implications of theproposed changes and thus cause additional work and confusion. The change should allow employers to focus resources at specific times ofthe year. This means we will be able to identify what changes need to be madeto policies and procedures and these can then be communicated to the workforce.Standing dates could be entered into the respective line manager’s diariesto facilitate half-yearly updates on the changes and how they affect theirroles. At the moment, with piecemeal implementation and the increased use ofregulations rather than acts of parliament, it can be difficult for employersto keep track. The disadvantages will most likely focus on the number of updatesimplemented in one go. Widespread changes would place significant strains onresources, particularly if a key number of policies and procedures requireupdating and introducing within short timeframes. This may result in employershaving to prioritise and important areas may get pushed down the pecking order.From the outsourcer’s outlook, it would mirror what currently exists inrespect of payroll legislation. The clear advantage is it allows forwardplanning. As a result, manpower resources can be set aside to update all ourcustomer’s policies and procedures within the required timeframes. It is alsohoped that through having these policies and procedures on a central database,the time spent on updating can be minimised, allowing customers to benefit fromthe ‘economies of scale’ that an outsourced service can provide. The disadvantage is that where the service is tailored to individualcustomer requirements, the economies of scale factor would not be appropriateand this may have resource implications. Mike HindmarshHR president and company secretary, President Office FurnitureIt is a good idea, but will have avery limited impact. The benefit it brings will be offset by trying to rememberwhat you need to do. Giving two dates is really a halfway house – the datewhich is most appropriate for legislation changes is 6 April. If the DTI were to make all changes on that date, it would havea better impact, because employers would know everything happens on that dayalongside legislation on other issues such as tax and benefits. If the DTI wants to use fixed dates, it should limit that toareas where money-related changes are involved. HR and finance directors couldthen remember to make the necessary changes when required. Changes inemployment legislation have a different impact on different businesses, so forother areas of legislation, it is a matter of making sure it has been thoughtthrough.Roger Leek HR director, Fujitsu ServicesIn principle, it is a good idea. Theset dates will allow us to plan effectively for the roll-out of new legislationand arrange communications and training strategy for both HR teams andemployees. The annual statement provided each January with the changesplanned for that year will also help. We, like many other employers, have noofficial way of being notified about what is coming up, and are constantly onthe lookout in journals and liaising with our lawyers for advance warning ofchanges. We have also found the e-mail alert system from the DTI useful. However, the set dates for legislation do nothing to addressthe sheer volume of employment law organisations are forced to deal with. Wehave seen an approximately equal number of laws passed in the last five yearsas in the previous 25. Catherine Glickman HR director in involvement, TescoWe are in support of the two datesand believe it will help enormously. Having certain dates when we knowlegislation is coming in means we can be confident that we have coveredeverything required and can better manage those changes in the businesses. At the moment, we are very clear about when legislation takeseffect, but we are often waiting for codes of practice. The codes are where thedetail is and so they are as important to us as the legislation. I want to seethe legislation and codes aligned so that as employers, we are clear what weare implementing and when. Our personnel managers and stores will know thatrather than this drip of legislation throughout the year, everything will beimplemented on these two dates. Our one concern is that we may end up with enormous chunks oflegislation coming through at once. That could be an issue for us if we don’thave enough notice.Diane Sinclair Lead adviser on public policy, CIPD The DTI should regard this as a firststep in a series of changes needed to help increase awareness and understandingof new employment law among employers and workers. We are pleased the DTI has chosen two set dates for law to comeinto effect, broadly in line with our recommendations. The institute did notfavour a single date each year, which would likely put organisations underheavy pressure if a significant number of changes have to be implemented at thesame time. However, the DTI should bear in mind that the introduction ofnew law will be facilitated by buy-in from employers, so gaining their supportfor regulations is still critical. Fixed dates for implementation is one steptowards achieving this, but the DTI needs to build on this to help ensure wemaintain widespread compliance in the face of new laws. Related posts:No related photos. Comments are closed. Previous Article Next Article The dating gameOn 1 Jun 2003 in Personnel Todaylast_img read more

Shell pension fund overhauls portfolio construction

first_imgSSPF, the closed Dutch pension fund of oil giant Shell, has divided its €27bn investment portfolio into three sub-portfolios for matching assets, return-seeking investments, and liquidity.In its annual report for 2016, it said the liquidity portfolio’s holdings included collateral for other parts of its investment portfolio.It added that the benchmark for the new liquidity portfolio comprised euro-denominated government bonds and investment grade credit (excluding financials), and US government paper.The scheme’s board, which did not provide further details about its new portfolio structure, has also decided to allocate 4.5% of its entire assets to its liabilities portfolio, to be deployed for hedging against interest risk. The Shell Pensioenfonds posted a 6.9% result for the year, including 0.2 percentage points due to its interest rate hedge. It said almost all asset classes outperformed their respective benchmarks.With a return of 10.2%, equity was the best performing investment category, largely thanks to the scheme’s allocations in North America and emerging countries.It added that defensive strategies, aimed at low-volatility equities, had also performed and its sustainable growth strategy had delivered “solid absolute returns”.Fixed income generated 5.8%, primarily due to declining interest rates. However, short-term government bonds – held in a transitional portfolio, following a 10 percentage-point reduction of equity holdings in 2015 – had incurred a loss, SSPF said.Its board indicated that it intended to transform the transitional holdings into longer-term fixed income investments.The pension fund further said that it was no longer using a benchmark for private equity, which returned 7.5% last year.“There is no suitable standard, as the portfolio deviates significantly from the available tactical benchmarks because of its differing funds and year classes,” it pointed out.In its opinion, the Public Market Equivalent benchmark, used over longer periods, was a better way to estimate private equity’s added value.SSPF saw its asset management costs rise 0.2 percentage points to 0.61%, and cited higher performance fees for private equity in particular. However, it said that the relatively high costs were justified by the surplus returns of the past year.The scheme reported transaction costs of 0.09% and administration costs of €235 per participant.Last year, the pension fund completed a simplication of the pensions administration for its 35,000 participants and pensioners which, it said, was essential for a transfer to Syntrus Achmea Pensioenbeheer on 1 January 2018.SAP was already the external service provider for Shell’s individual defined contribution scheme SNPS, which became operational in 2013.Last year, the Shell Pensioenfonds also introduced a “future-proof” method for establishing contributions, based on salary developments and the average age of its employees, while also taking into account assumptions for future returns of 4.6%.SSPF’s funding ratio currently stands at 119.8%. The required coverage ratio for full indexation equates to a level of 123%.last_img read more

Riether handed three-match ban

first_img Press Association “Riether was charged by the FA following an incident which occurred in added time of Fulham’s game against Manchester United on Saturday 2 November 2013. The incident, which involved United’s Adnan Januzaj, was not seen by the by the match officials but was caught on video.” Fulham initially queried whether they had to accept the charge and asked for clarification from the FA on its retrospective action rule. Riether, 30, was the first player to be charged by the FA under a new pilot scheme where a panel of three former referees reviews video evidence of incidents not seen by match officials. The full-back apologised for stamping on Januzaj via his official Twitter account on Tuesday, adding: “I will accept the consequences of my actions, and hope to put it behind me when I return.” Despite Riether’s admittance of guilt, it is understood the club did not accept the charge before Tuesday’s 6pm deadline and instead asked for clarification on certain points of the newly-instigated rules that govern when action can be taken. Fulham’s Sascha Riether has been banned for three matches after accepting a Football Association charge of violent conduct for stamping on Manchester United’s Adnan Januzaj.center_img The German defender’s action was not seen by the match officials but was caught on video. An FA statement said: “Following an independent regulatory commission hearing today, Fulham’s Sascha Riether has been suspended for three matches with immediate effect after he accepted an FA charge for violent conduct. last_img read more

Wisdom loaned to Baggies

first_img Following three appearances for the Reds at the start of last season, the 21-year-old then joined Derby on loan for the season, starting 38 games, including the Sky Bet Championship play-off final defeat to QPR. “I’ve spoken to Brendan, who I’ve known for a very long time and who I trust implicitly,” said Irvine. “He said Andre would do a good job for us. That was reassuring. “You can see the player, but you want to find out what they are like as a person. Brendan spoke very, very highly about him.” Andre Wisdom has become West Brom’s sixth signing of the summer courtesy of Liverpool boss Brendan Rodgers singing the defender’s praises. England Under-21 international Wisdom has joined new head coach Alan Irvine’s side on a season-long loan from Anfield. Wisdom scored on his Liverpool debut in a 5-3 Europa League win over Swiss side Young Boys in September 2012, before going on to make a further 18 appearances that season. center_img Press Associationlast_img read more

Powers Ks 13 in Win

first_img House fire in Winter Harbor – October 27, 2014 Latest posts by admin (see all) admin This is placeholder textThis is placeholder text Latest Posts DEER ISLE — Senior righthander Eben Powers allowed just two hits and struck out 13 in pitching the Mariners to a 5-2 win over the Lee Academy Pandas on Friday.Powers and Jon Lymburner had solo home runs, Joe Condon tripled and singled and Jake Starkey had a pair of singles for the Mariners. For more sports stories, pick up a copy of The Ellsworth American. State budget vs. job creation – January 22, 2015 Bio Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015last_img

Vincent Tan to invest additional 2 million dollars in FC Sarajevo?

first_img(Source: klix.ba) After FC Sarajevo won the title of champion of B&H and qualified for the Champions League qualifiers, the owner of the club, Malaysian billionaire Vincent Tan, will invest additional 2 million dollars in the club.Once again, Tan announced possible player exchange between Sarajevo and Cardiff.Vincent Tan is incredibly popular in Sarajevo, fans love him and call him “Uncle”.When he is walking through the city everyone want to take pictures with him. Good performances of the club as well as its good promotion of the club have attracted very important sponsor: Turkish Airlines.“People are nice and they demonstrate that not only to me, but also to Malaysia. I’m trying to promote my country wherever I go, I consider it as my national duty,” says Tan.last_img

Florida Church spends more than $7 million to pay off medical debt for Low income residents

first_img6,500 people in Volusia Country will be able to smile a little bigger now that they have little to no medical debt. That is all due to the efforts of the Stetson Baptist Church.According to reports, the Church spent more than $7 million dollars to help pay down the medical debt for several thousands residents living at or below the poverty line in their community.So where did all the money come from? Pastor Dan Glenn told reporters at the Sun Sentinel that last year they had an extra Sunday which left them with extra money after they paid their annual expenses. The congregation then came up with the idea to try and raise $48,000 and split it between a foster home charity and a business that buys medical debt from health care providers, to pay off the debts.To their delight, they were able to raise three times their goal, leaving them with enough money to not only pay off the medical debt of every Volusia County resident living at federal poverty level, but for those in four other counties as well.“It’s one thing for us to say, ‘God loves you,’” said senior pastor Dan Glenn said. “It’s another for us to show that.”Those who have had their medical debt paid off will be notified by mail.last_img read more

Nearly 200 New Florida Laws Set to Go into Effect on July 1

first_imgCS/CS/HB 971 – ELECTRIC BIKES – SIGNEDThe bill creates regulations governing the operation of e-bikes in the state, allowing them on streets, highways, roadways, shoulders, bicycle lanes, and bicycle or multiuse paths. Local governments will maintain authority to limit their use.SB 172 – FLORIDA DRUG AND COSMETIC ACT – AWAITS SIGNATURELegislation preempting local government’s ability to ban the sale of over-the-counter proprietary drugs and cosmetics, including sunscreen.CS/HB 327 – ILLEGAL TAKING, POSSESSION AND SALE OF BEARS – SIGNEDPenalties increase for taking or possessing a freshly killed bear during the closed season. In addition, a person who possesses for sale or sells an illegally-taken bear commits a third-degree felony.SB 400 – ELDER ABUSE FATALITY REVIEW TEAMS – SIGNEDCreates teams in each of the state’s judicial districts to review closed cases of elder fatalities caused by abuse or neglect.CS/HB 177 – DRUG REPOSITORY PROGRAM – SIGNEDCreates a drug donation repository and distribution program for unused medication in the state.CS/CS/SB 70 – PUBLIC SCHOOL ALERT SYSTEMS – AWAITS SIGNATURERequires public schools to provide teachers with access to a mobile panic alarm application by the start of the 2021-22 school year. The app can be used to connect with first responders in life-threatening situations, saving precious seconds. It is named “Alyssa’s Law,” in honor of Parkland school shooting victim Alyssa Alhadeff.CS/CS/CS/SB 664 – E-VERIFY – AWAITS SIGNATUREPublic employers, contractors, and subcontractors must use E-Verify system to verify the immigration status of employees. Requires private employers to use E-Verify or to use the Form I-9 and maintain copies of the documents used to complete the I-9 for 3 years. Employers and contractors have January 1 of next year to comply.CS/CS/SB 404 – PARENTAL CONSENT – AWAITS SIGNATUREGirls under 18 get will need a parent’s consent before having an abortion. Previous law only required minors to inform a parent or legal guardian of their decision.CS/HB 659 – DRONES – AWAITS SIGNATUREFish and Wildlife Conservation Commission or Florida Forest Service can use drones to manage or eradicate invasive exotic plants or animals on public lands. Also to suppress or mitigating wildfire threats It’s that time of year again!Some of the Sunshine State’s newest laws will go into effect on July 1.Lawmakers filed about 3,500 bills and ended up passing 191. Here are a few of the ones that will hit the books this week:HB 43 – JORDAN’S LAW – SIGNEDThis bill protects children from abuse in the state’s welfare system by reducing the workload for caseworkers. That means the maximum caseload would be no more than 15 children, if possible. It also requires caseworkers to receive training developed on the recognition of and response to head trauma and brain injury in children under six years old.HB 641 – TEACHER PAY – SIGNEDState sets aside $400 million to raise minimum base pay for full-time teachers to at least $47,500. An additional $100 million will raise salaries for Florida’s veteran teachers and other instructional personnel who did not receive an increase or received an increase of less than two percent.HB 7067 – SCHOOL CHOICE – SIGNEDThe bill expands access to the Family Empowerment Scholarship (FES) Program, the Florida Tax Credit (FTC) Scholarship Program, and the Hope Scholarship Program (HSP). They provide financial assistance to families seeking private education.HB 1213 – HOLOCAUST EDUCATION – SIGNEDThe bill standardizes how Holocaust education is to be taught in Florida public schools by adding “policy, definition, examples, and prevention of anti-Semitism.”SB 1084 – EMOTIONAL SUPPORT ANIMALS – SIGNEDThe legislation aims to crack down on the abuse of emotional support animal certifications. It allows housing providers to prohibit use in situations where the animal poses a direct threat to the safety, health, or property of others.CS/HB 7011 – STUDENT ATHLETES – SIGNEDRequires each public school that is a member of the Florida High School Athletic Association (FHSAA) to monitor heat stress and ensure cooling zones are available. An automated external defibrillator (AED) must also be available on school grounds for each athletic contest and practice, even those outside of the school year.CS/CS/HB 1259 – INCARCERATED PREGNANT WOMEN – SIGNEDCreates new protections for incarcerated pregnant women when placed in housing separate from the general population. Calls for medical checkups every 24 hours and hourly observation by staff.#Florida Remote Signing Laws Effective July 1, 2020 https://t.co/4Qpm9iKOlr @WigginLLP— National Law Review (@natlawreview) June 28, 2020last_img read more

Heading to School on Two Wheels

first_imgBy John BurtonIn Fair Haven, riding bikes is a preferred mode of travel FAIR HAVEN – The borough is a biking town.All the kids are doing it. Well, maybe not all the kids, but a considerably large number of the borough’s younger population who attend borough schools regularly ride their bikes there and home.Gabby and Joseph Gotch ride their bikes to school most days, like many Fair Haven children.“It’s hundreds of kids,” estimated Police Corporal John Waltz, who oversees the bicycle safety program the police department sponsors in conjunction with the schools. “It’s only a handful that don’t.”Bennett Coleman, president of the district’s PTA, estimated that about half of the nearly 700 students attend­ing the district’s Viola L. Sickles and Knollwood schools ride their bikes to school, depending on the weather.Coleman, who ­has kids in grades 1, 2 and 6, said she is comfortable letting them ride to and from school because of the role educators, police, crossing guards and fellow parents have played in keeping the children safe.“Everyone is so supportive,” she said.Along with that input, Coleman says, “We practice, practice, practice,” to make sure the kids are aware of what they should and shouldn’t be doing on their bikes.Allowing their children to easily get around Fair Haven, a suburban community of approximately 6,121 residents and roughly 2 square miles, is what residents like about living in a bike-friendly town, many said.“I’m kind of a helicopter mom,” Coleman said, but “I don’t have any reservations.”“This is a regular part of Fair Haven,” said Jeff White, a parent of two daughters, fifth- and sixth-graders who also ride bikes to school.Knollwood School students head home at the corner of Hance Road and Third Street after school in Fair Haven.“You get to the Knollwood School and look at the parking lot by the school, no lie, they must have 150 bikes there,” he said.Like other parents, he feels very comfortable about letting his children go back and forth on bikes.“The No. 1 reason that I think everyone is OK with it is that drivers around here are accustomed to it,” he said.The Whites’ home is on River Road, a busy thoroughfare running east-west through the community, which is used by commercial vehicles. White acknowledged there are times when traffic is heavy and one or both of his daughters need to wait quite a while before being able to cross the street. But the key is proper and regular education on what to look out for, he said. “I always let them know, they can’t make any assumptions. When in doubt, stop.“We have the best crossing guards. The kids love ’em and the parents love ’em,” said White, adding that the crossing guards seem to know all the kids by name.“I have to say, it’s one thing I really don’t worry about,” said Laura Nolan, a Highland Avenue mother of four, ages 7 to 11.“My kids bike every day, rain or shine. It’s easier than driving them there.“I think it’s good for them. It’s a social thing,” as the children regularly go in groups of friends, Nolan said.“My concern is the afterschool, when traffic picks up,” especially on some of the busier streets, like River, Ridge and Fair Haven roads, said Jennie Lucci, another River Road resident.“They need to learn safety – and they’re learning it,” said Lucci, who has three children, ages 6, 9 and 13.The school district has taken appropriate steps to address safety considerations, Coleman and Waltz each said.Both schools conduct two days of bike safety instruction at the beginning of each school year. The extensive training shows students the proper way to wear helmets – and stresses they must always wear them – what to watch out for and when it’s safe and not to proceed, and all stay to the right, Waltz said.Bikes fill the racks at Knollwood School in Fair Haven.The district also staggers its dismissal times, allowing students with bikes to leave first, followed by those students who walk. Students who are picked up by parents in cars leave the building last. Closing Third Street to all but local residents in the morning and afternoon on school days also helps contribute to a safe environment for those on two wheels, Waltz and others said.There have been no serious injuries involving children on bikes here, as far as Waltz could remember. “Maybe a couple of scraped knees,” but nothing worse than that, he said.Last Saturday, the PTA conducted its first bike rodeo in conjunction with the police and with the support of Meridian Health System, which operates Riverview Medical Center, Red Bank.The goal of the event, held on Willow Street, across from Sickles school, “is to promote bicycle safety for families,” Coleman said.Children were instructed about how to cross streets, be cautious of driveways and always be alert – as should drivers, Coleman said. “It’s about knowing where you’re going.”“I try to remind them to look both ways,” said Erin Gotch of Fair Haven Road. “They’re going to want to continue to ride their bikes, so they’ll listen to the rules.”Gotch’s children, Joseph, 9, who attends Knollwood, and Gabby, 8, a Sickles student, both said they want to continue riding.“It makes me feel happy,” Joseph said.“I like being outside. I like riding my bike,” Gabby added.Joseph regularly rides with his five friends while his sister usually rides to and from school alone.One of the best parts about it for Joseph is “You don’t have to wait for your parents to get ready,” to take you.The most important thing about it for Gabby? “It let’s you be free,” she said.Mayor Benjamin Lucarelli, who is a bicycling enthusiast in his own right, said, “It’s great. It keeps the kids active.”To help encourage everyone to take bikes, instead of immediately hopping in the car, plans are in the works to establish bike lanes through some of the borough’s main streets, Lucarelli said.last_img read more