pensions Archives - Goldenleaver
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It was reported on 7 January 2014 that the HR Director of Goodyear was one of 2 executives who were taken hostage in France by a disgruntled workforce, which barricaded them in a room by using a (Goodyear?) tractor tyre. The price of the executives' release was either a promise not to close the workplace, or the payment of substantial financial compensation. Neither that promise nor financial compensation was forthcoming, so the executives remained in situ and were allowed only...

Pension - (even) more change: On 1 October 2012, millions of workers benefited from the obligation on certain large employers (smaller employers will be gradually affected over the next 6 years) to make pension contributions for their staff, who must be automatically enrolled in a company scheme or the National Employment Savings Trust (known as NEST).  The arrangements are complex, but in summary, contributions will begin at a low level, they will rise to 4 per cent of salary from workers, 3...