Points of principal: Have HR directors been party to a big lie?

HR leaders should be active players in changing the culture of reward despite poor performance.

Pension scheme trustees lack understanding of effects of the recession on their fund

Half of UK pension scheme trustees do not know how the recession is impacting their funding position, although 60% get regular updates from their actuarial organisation.

Pay increases are either nil or much lower than they were a year ago

The median basic pay award has fallen to 2.6%, according to the Industrial Relations Service (IRS).

Zurich Financial Services gives staff a financial incentive to go green with their travel to work

Zurich Financial Services is offering its staff reduced rate travel on public transport to encourage them to be more environmentally-friendly.

Lack of employee confidence in final-salary pensions shows their misunderstanding

Less than half (43%) of employees think their pension is safe and a quarter do not have a positive or negative view - implying they do not fully understand the financial implications, according to JLT...

Danish nightshift workers with breast cancer receive compensation from government

Danish women, who developed breast cancer after working nightshift, have been awarded compensation by their government following research from the World Health Organisation showing disrupted sleep...

Firms' 90 day allowance to auto-enrol staff in pensions schemes comes with conditions

The Government has announced employers will be allowed 90 days before they auto-enrol staff into private pension schemes after 2012.

Incisive Media staff asked to take one week off unpaid at Christmas

Incisive Media has asked staff to take a week's unpaid leave in order to minimise job losses.

Value of DC pensions drop by 42 million in a month

Britain's defined-contribution (DC) pension assets plunged by 42 billion in February, losing 10% of their value.

Employer bodies concerned about EU plan to triple maternity leave full pay entitlement

Mothers could be entitled to a dramatic increase in maternity pay under EU proposals, as maternity leave allowance may be tripled.

BT announces pay freeze for all UK staff to help company through the downturn

Staff at BT will have their pay frozen for the rest of the year because of the worsening economic conditions.

Staff with debt worries are least likely to use employer-provided financial education

Although 30% of staff do not feel in control of their finances, those in poor financial health are least likely to make use of financial education offered by employers.