JGP News
A snapshot of some of our most recent work and an insight into some of our ideas on the hot topics and issues that affect the public and not for profit sectors, and how we are responding to them.
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Charity employers view pensions as “staff retention tool”
Offering a final-salary pension scheme could help those working for charity and voluntary groups with their staff retention, it has been suggested.
In research published by the Chartered Institute of Personnel and Development (CIPD) as part of its Annual Reward Management survey, it was revealed that 32.2 per cent of voluntary sector bodies operate such pension programmes for new employees.
However, only 7.8 per cent of private sector groups offer this type of pension, ThirdSector.co.uk reports.
Charles Cotton, rewards specialist for CIPD, claimed that it is a good idea for charities to offer final-salary pension schemes as they compete for staff with the public sector.
He said: "Some charity employers may see the final-salary pension as a staff retention tool."
Such statistics may be of interest to third sector employees looking to use a regional recruitment portal to attract job applicants.
Ian Bird, principal partner of Foster Denovo, recently claimed that offering a good rewards package could help those working within the third sector with both recruiting and retaining employees.
More regional recruitment portal information.
