Comments are closed. A Bachelor of Commerce, I graduated in 1991 in India and have since beenworking mostly in IT recruitment. I now want to do a full-time course (not morethan a year) specialising in employee development, compensation and benefitsand appraisals or possibly in a broader HRM framework. Any suggestions? Also, Iam in London on a dependent visa (valid for the next two years) so would I betreated as an international student or would I be treated as a resident? Margaret Malpas, joint managing director, Malpas Flexible Learning It would probably be sensible to take the CIPD Certificate In PersonnelPractice which can be achieved in a year or less if you decide to adopt aflexible learning approach. This qualification will provide a good introduction to the basic principlesof HR management and, if successful, will give you associate membership of CIPDif you wish to broaden your skills and move away from specialist recruitmentconsultancy. Information about training providers is available from the CIPD website atwww.cipd.co.uk Jo Selby, associate director, EJ Human Resources You need to identify exactly what it is that you want to achieve from a12-month course and investigate what the options are at universities/collegesnear you which will meet your requirements. To establish what status your two-year visa gives you, speak to the relevantdepartment at the Home Office initially. They should be able to tell you, or ifnot certainly point you in the right direction. For some ideas on where to study for HR qualifications, see our HR Academyfeature at www.personneltoday.com/careerguides Previous Article Next Article What course can I take in a year?On 4 Dec 2001 in Personnel Today Related posts:No related photos.
Keep death off the roads
Related posts:No related photos. Keep death off the roadsOn 1 Jan 2002 in Personnel Today Employers who fail to safeguard staff against road accidents while at workface legal actionBetween 800 and 1,000 deaths occur each year in road accidents linked towork, according to the Government’s Work-related Road Safety Task Group. The group, set up last year to advise ministers on how best to reduce thenumber of road incidents involving people at work, recommends that the HSE publishesclear guidance for employers on reducing incidents. This should cover the employer’s duty to manage employees’ safety while atwork on the road, as company car or van drivers, passengers, motor cyclists orat-work pedestrians. Police and other road safety bodies need to work more closely together, itadded. This could mean investigating whether accidents are caused by employerssetting unrealistic schedules or requiring drivers to drive while tired orwhile using mobile phones. Richard Dykes, the task group chairman, said that employers need to do moreto assess and take action to reduce risks. Where they fail to do so,appropriate action should be taken against them. “We want to change the current situation so that those driving onbusiness or working on or beside roads have the same health and safetyprotection as people working in fixed premises,” he said. Roger Bibbings, occupational safety adviser at the Royal Society for thePrevention of Accidents, welcomed the report. “Employers already managinghealth and safety well will have nothing to fear. Employers who choose toignore road safety will be on notice to change their ways or they could end upin court,” he said. TUC general secretary John Monks said the on-the-road death rate was nearlythree times the number of workers killed in the workplace. “Along with12,000 serious injuries and 70,000 slight injuries, this adds up to a cost of£3.7bn to society and £2.7bn to employers. As well as protecting workers,reducing this toll will benefit business.” Transport minister David Jamieson said the Government would consider thegroup’s recommendations. www.hse.gov.uk/road/content/traffic1.pdf Comments are closed. Previous Article Next Article
Ergonomic focus at IOSH
Previous Article Next Article Comments are closed. Related posts:No related photos. Ergonomic focus at IOSHOn 1 Oct 2002 in Musculoskeletal disorders, Personnel Today IOSH will be holding its annual dinner in Edinburgh on Friday 15 November atthe Murrayfield Stadium. As well as featuring the awards ceremony, anafter-dinner speaker and ceilidh, this prestigious event will also be marked bythe official bestowal of the Royal Charter of Incorporation. The festivities will be preceded by the Institution’s Annual General Meetingat 4pm and, earlier in the day, a special seminar on managing musculoskeletaldisorders. Jointly organised by IOSH’s Scottish branches, in association with HSEScotland, the seminar aims to provide a better understanding of the scale andcauses of musculoskeletal disorders, while guiding delegates on how to inputmore effectively to prevention and management programmes at their workplace. Opening with the welcome address from the Health and Safety ExecutiveDirector, Scotland, Stewart Campbell, the event also features presentationsfrom leading musculoskeletal experts and authors from organisations such as theHealth and Safety Committee, the Health Ergonomics Policy Unit and the ScottishNational Blood Transfusion Service. It will also draw from two detailed case studies to enhance delegates’understanding and practical application of theory. The seminar fee, including refreshments, lunch and delegate pack, is £85(+VAT) for IOSH members and £105 (+VAT) for non-members. In addition, a specialreduced seminar fee of £65 (+VAT) is available to IOSH members who are alsoattending the AGM, the annual dinner and the awards ceremony. Individual tickets for the annual dinner and awards ceremony are priced at£50 (+VAT). For bookings and further information, please telephone the events bookingline on 0116 257 3195.
£10bn added to pensions bill as the old get older
Previous Article Next Article Continued improvements in life expectancy may have added as much as £10bn tothe pension fund liabilities of FTSE100 companies over the past three years. Pensions advisers Aon Consulting, using the Government’s latest lifeexpectancy figures and the FRS17 accounting rules, predicts that for every yearof increased life expectancy, pension costs will rise by approximately 3.5 percent. Paul McGlone, principal at Aon Consulting, said as life expectancy increases,companies must ensure they factor this into their company pension provisions. He said that failing to take into account just one extra year of lifeexpectancy when calculating pensions could cost companies millions if notbillions. “Our advice to companies is to check, on an ongoing basis, that theassumptions on which they base their pension provision are in line with thelatest life expectation figures as, as well as the experience of theirscheme.” McGlone said that new anti-age discrimination legislation – meaning thatcompanies will no longer be able to enforce a mandatory retirement age belowage 70 – will also impact on pensions. He said that as people come to realise that their company and state pensionswill not provide for an adequate retirement, their natural reaction might be towork longer. The latest government figures show that there has been a 10 per centincrease in the life expectancy of men over 65 since 2001. And male lifeexpectancy is expected to rise by an average of two years up to 2050. Current life expectancy for men is just under 76, while women live to atleast 80. The Department for Work and Pensions has launched a website providing adviceon changes to pensions. By Quentin Readewww.thepensionservice.gov.uk Related posts:No related photos. £10bn added to pensions bill as the old get olderOn 10 Feb 2004 in Personnel Today Comments are closed.
More updates from HR Tech Europe 2015
Related posts:No related photos. Previous Article Next Article Comments are closed. More updates from HR Tech Europe 2015Shared from missc on 15 Apr 2015 in Personnel Today Read full article
New Research – How Leading Organisations are Responding to Coronavirus and Creating Lasting Cultural Change
Sam Chang sells Garment District hotel site for $32M
Message* Email Address* Tagsgarment districtHotelsSam Chang Full Name* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink 338 West 39th Street and Sam Chang (Photo via Google Maps)Sam Chang’s McSam Hotel Group sold off a Garment District hotel site for $31.5 million, marking his firm’s second sale in the past two months.McSam sold the property at 338 West 39th Street — where the developer had been planning to open a 25-story, 175-key hotel — to the New Jersey-based real estate firm Ivy Realty.The Pestana hotel was scheduled to open for business this year but the pandemic likely threw a wrench in those plans. The property was branded under Pestana’s lifestyle hospitality flag CR7, a partnership between Pestana and soccer superstar Cristiano Ronaldo.McSam bought the property, which originally housed a 12-story factory building, for $22.4 million in 2015, records show.Chang and a representative for Ivy Realty did not immediately return a request to comment.Chang is one of the developers with the largest exposure to Manhattan’s struggling hospitality industry. His firm helped establish a new type of budget hotel in the 1990s and he quickly became among the most active hotel developers in Manhattan.Last year, Chang said he would retire to focus on the obscure hobby of pigeon racing, but he is still making deals and has filed plans to build a new hotel in Midtown Manhattan.In October, Chang’s firm sold off a newly completed hotel in Chelsea at 140 West 28th Street for $147 million. McSam received a $121 million construction loan for the project in early 2018 from Bank OZK and Square Mile Capital Management.Hotels have been hit particularly hard in New York, where business travel and tourism have ground to a halt since March. About 80 percent of hotel properties tied to the commercial mortgage-backed securities market are showing signs of distress, according to recent figures from Trepp.Contact Keith Larsen
$75M loan tied to Gramercy Park Hotel sells to anonymous buyer
The Gramercy Park Hotel at 2 Lexington Avenue and RFR Realty’s Aby Rosen (Google Maps; Getty)A $75 million loan tied to the Gramercy Park Hotel sold to an anonymous buyer.JPMorgan Chase sold the debt, which has a maximum principal amount of $75 million, to RDAC 8 LLC, according to PincusCo. The loan is secured by the Gramercy Park Hotel.Just last month, Artnet reported that the hotel’s owner, Aby Rosen’s RFR Holding, owes $900,000 in ground lease payments on the property. A notice on the hotel’s door at the time stated that if Rosen does not pay by Dec. 28, his hotel could face eviction. So far, no foreclosure actions have been filed, according to PincusCo.RFR owns the hotel itself, but Solil Management, the firm that manages the estate of Sol Goldman, owns the land underneath. Rosen’s firm pays $5.3 million per year to lease the land.Rosen bought the hotel with hotelier Ian Schrager in 2003. The two redeveloped the property, and Rosen took full ownership in 2010.The hotel had closed its doors to guests at the onset of the pandemic, but Rosen recently said he offered rooms to his employees who live in the suburbs to avoid commuting to the office.“I told everybody, ‘Guys, you want to stay Tuesday night or Wednesday? Be my guest. Breakfast is at 9. Then show up at the office when you feel like it,’ ” Rosen told Bloomberg News.The Gramercy Park Hotel was built on the site where novelist Edith Wharton was born, played host to Humphrey Bogart’s wedding and was home to the young John F. Kennedy and his family. At one time, Babe Ruth was a regular at the hotel’s bar.[PincusCo] — Keith Larsen Share via Shortlink Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink TagsGramercy Park HotelJPMorganRFR Holdings
Amazon warehouse in Brooklyn sells for $46M
BentallGreenOak founder Sonny Kalsi and 2300 Linden Boulevard in Brooklyn (Photos via BentallGreenOak; Google Maps)An Amazon-leased warehouse in Brooklyn sold for a valuation of $46 million as investors continue to chase properties occupied by the e-commerce giant.Asset manager BentallGreenOak purchased the 100,000-square-foot property at 2300 Linden Boulevard in East New York from Turnbridge Equities and Harbor Group International, a source familiar with the sale told The Real Deal.BentallGreenOak, headed by CEO Sonny Kalsi, paid $460 per square foot for the property, where Amazon inked a lease last year. The e-commerce giant signed on to use the property as a delivery station over a 10-year term.Read moreJeff Bezos, who turned real estate upside down, quitsAmazon’s real estate footprint grew leaps and bounds in 2020 TagsamazonBentallGreenOakeast new yorkIndustrial Real EstateInvestment SalesTurnbridge Equities Full Name* Email Address* Share via Shortlink Message* Representatives for BentallGreenOak, Tunbridge and Harbor Group could not be immediately reached for comment. A Cushman & Wakefield team led of Adam Spies, Adam Doneger, Kevin Donner, Marcella Fasulo and Gary Gabriel negotiated the sale. A representative for the brokers declined to comment.Midtown-based Turnbridge Equities and Harbor Group acquired a ground lease on the warehouse in 2018 for $4.4 million, with an option to purchase the ground underneath the property. The companies reportedly planned to spend $3 million renovating the property.BentallGreenOak acquired the ground lease and will exercise the purchase option, sources said, bringing the valuation to $46 million.The long-term lease with Amazon, which zeroed in on the warehouse due to its proximity to John F. Kennedy International Airport, helped boost the property’s value.In fact, properties leased to the giant are trading at a premium. Amazon-leased properties in the New York City area have experienced notable capitalization-rate compression over the past 12 months, according to data from Cushman & Wakefield’s Industrial Group.That means buyers are willing to pay higher prices and accept lower returns on those investments, which can often be financed under attractive terms thanks to Amazon’s top-quality credit ratings. Amazon-leased properties in the area have been trading at cap rates somewhere between 50 and 100 basis points lower comparable ones in other parts of the country, according to Cushman’s figures – an indication of high demand.Despite the strong headwinds for the last-mile logistics and warehousing sector, the industrial market couldn’t escape the pandemic woes that shook New York City’s investment sales market in 2020.The city recorded 95 industrial sales last year, down 40 percent compared to 2019, according to a year-end report from B6 Real Estate Advisors.Amazon founder Jeff Bezos announced Tuesday he would be stepping down as CEO of the company and taking over the role of executive chairman. Andy Jassy, who runs the company’s cloud-computing division, will take over the CEO job.Contact Rich Bockmann Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink
Antarctic ecosystems. The freshwater lakes of Signy Island and their fauna
Prior to 1962 work on freshwater within the British Sector of the Antarctic had been confined to the collection of specimens and their subsequent taxonomic evaluation. Collections were made by such expeditions as the Scottish National Antarctic Expedition 1902- 04, the various Discovery Investigations in this region 1925-37, the British Graham Land Expedition 1934-37 and the Falkland Islands Dependencies Survey 1945-62. During the 1961/1962 summer season an ecological investigation of the freshwater lakes of Signy Island, South Orkney Islands, was started. This paper is an interim report on that work.