Employer groups call for caution over fat cat payOn 10 Jun 2003 in Personnel Today Previous Article Next Article Employer bodies have urged the Government not to legislate to curb fat catpay following the publication of a consultation document on the issue lastweek. Trade and industry secretary Patricia Hewitt revealed a number of proposalsfor tying directors’ pay more closely to performance, through best practiceguidance and various possible changes to company law. Potential changes to company law include requiring boards to take intoaccount under-performance when determining severance payments and reducing thestatutory period of a director’s appointment to just one year (or three yearson first appointment). Best practice suggestions put forward by Hewitt include reducing noticeperiods to less than one year, agreeing a capped level of severance at thebeginning of an executive’s appointment, and paying all or some of severancecompensation in instalments rather than in one lump sum. The Chartered Institute of Personnel and Development (CIPD) and theConfederation of British Industry (CBI) believe the best practice approach isthe right one. Charles Cotton, CIPD adviser on pay and reward, said: “Organisationsshould be free to pay the best salaries to attract, keep and motivate the bestpeople. However, for this approach to work, employers need to have rational,justifiable and well-communicated reward polices in place.” The CBI is due to publish its own suggestions for addressing concerns overboardroom pay shortly. www.dti.gov.uk Related posts:No related photos. Comments are closed.
New multifold seismic‐reflection and wide‐angle reflection/refraction data across George VI Sound, Antarctic Peninsula, show the presence of graben and horst structures indicating an extensional origin. The data suggest that rocks of an accretionary complex and fore‐arc basin underlie the Sound and are in faulted contact along its eastern boundary with volcanic and plutonic rocks of the associated Mesozoic arc of western Palmer Land. A cover of possible syn‐ and postglacial Cenozoic deposits drapes the structures. The combination of new seismic, synthetic‐aperture radar and previously acquired data suggests subduction‐related rifting in the Sound was segmented, with opening in the south predominately by normal extension whilst in the north, dextral transtension predominated.
A mesospheric front was observed with an allskyairglow imager on the night of 9–10 July 2007 at FerrazStation (62 degrees S, 58 degrees W), located on King George island on the Antarctic Peninsula. The observed wave propagated from southwest to northeast with a well defined wave front and a series of crests behind the main front. The wave parameters were obtained via a 2-D Fourier transform of the imager data providing a horizontal wavelength of 33 km, an observed period of 6 min, and a horizontal phase speed of 92ms−1. Simultaneous mesospheric winds were measured with a medium frequency (MF) radar at Rothera Station (68degree S, 68degrees W) and temperature profiles were obtained from the SABER instrument on the TIMED satellite. These wind and temperature profiles were used to estimate the propagation environment of the wave event. A wavelet technique was applied to the wind in the plane of wave propagation at the OH emission height spanning three days centered on the front event to define the dominant periodicities. Results revealed a dominance of near-inertial periods, and semi-diurnal and terdiurnal tides suggesting that the ducting structure enabling mesospheric front propagation occurred on large spatial scales. The observed tidal motions were used to reconstruct the winds employing a least-squares method, which were then compared to the observed ducting environment.Results suggest an important contribution of largescalewinds to the ducting structure, but with buoyancy frequencyvariations in the vertical also expected to be important.These results allow us to conclude that the wave frontevent was supported by a duct including contributions fromboth winds and temperature.
Sub-Antarctic South Georgia is a key region for studying climate variability in the Southern Hemisphere, because of its position at the core of the Southern Hemisphere Westerly Wind belt and between the Antarctic Circumpolar Current and the Polar Frontal Zone. Here, we present a 5.8-m long high-resolution pollen record from Fan Lake on Annenkov Island dominated by local sub-polar vegetation, with Acaena and Poaceae being present throughout the last 7000 years. Palynological and sedimentological analyses revealed a warm late Holocene ‘climate optimum’ between 3790 and 2750 cal. yr BP, which was followed by a gradual transition to cool and wet conditions. This cooling was interrupted by slightly warmer environmental conditions between 1670 and 710 cal. yr BP that partly overlap with the Northern Hemisphere ‘Medieval Climate Anomaly’. Increases in non-native and long-distance pollen grains transported from South America (e.g. Nothofagus, Podocarpus) indicate that stronger Southern Hemisphere Westerly Winds over South Georgia possibly occurred during some ‘colder’ phases of the late Holocene, most notably between c. 2210 and 1670 cal. yr BP and after 710 cal. yr BP.
View post tag: approves View post tag: Navy View post tag: Naval US Approves AEGIS Combat System Sale to Japan The US State Department has approved a possible Foreign Military Sale to Japan for DDG 7 and 8 AEGIS Combat System, Underwater Weapon System, Cooperative Engagement Capability and associated equipment, parts and logistical support for an estimated cost of $1.5 billion. Under the proposed sale, Japan has requested a possible sale of two ship sets of the MK 7 AEGIS Weapon System, AN/SQQ-89A (v) 15J UWS and CEC. Additional items include associated equipment, training and support for its Japan Fiscal Year (JFY) 2015 and JFY2016 new construction destroyers (DDGs).The addition of two new AEGIS DDGs to Japan’s fleet will afford more flexibility and capability to counter regional threats and continue to enhance stability in the region.Japan currently operates AEGIS ships and is proficient at using evolving ballistic missile defense capability and effective at employing the AN/SQQ-89 UWS for undersea surveillance and detection.The prime contractors will be Lockheed Martin.Image: US Navy View post tag: US View post tag: system View post tag: americas Authorities View post tag: News by topic View post tag: Aegis Share this article View post tag: Japan View post tag: Combat August 11, 2015 Back to overview,Home naval-today US Approves AEGIS Combat System Sale to Japan
Up to £40 million of funding is available for businesses to work with an academic or research organisation and graduate on a Knowledge Transfer Partnership.Businesses can apply for funding to bring in a graduate to collaborate on an innovation project. They will support you to translate academic thinking into business change, growth and development.The project can focus on any technology or industry area. It can last between 12 and 36 months, depending on what it is and the needs of your business.Before applying, you should have a specific project in mind. You can work with a university, college or research and technology organisation you already have a relationship with, or start a new partnership. Additional project support is provided through the network of Knowledge Transfer Advisers.Applications should: small and medium-sized enterprises contribute around £35,000 per year, about one-third of the project costs large businesses contribute about £55,000 per year, or half of the project costs Programme information include information about the participants set out the objectives of the project explain what the project is proposing to do outline the deliverables for the graduate applications for Knowledge Transfer Partnerships are open throughout the year the deadline for applications for this round is 4 July 2018. If you miss the deadline for one round you will automatically be entered into the next any size business or not-for-profit organisation may apply projects can last between 12 and 36 months the amount of grant you can get for your project will depend on the size of your business, typically: Find out more about Knowledge Transfer Partnerships and how to apply.
Dozens of businesses have sought funding from a joint venture set up last month to support bakery innovation.Warburtons has partnered with independent business accelerator Mission Ventures to back businesses producing innovative bakery products.The 50:50 joint venture, called Batch Ventures, is described as “combining equity funding together with hands-on support from successful entrepreneurs and industry professionals”.It is seeking applications for support from businesses that incorporate baking in their production process, from traditional baked goods, such as breads, crackers and biscuits to cookie dough, baking kits and baked snacks.Batch Ventures will take a minority stake-holding in businesses its approves, and will typically invest £50,000 to £250,000.Since launching in July, the fund has received more than 80 expressions of interest from UK companies. Of those, almost a third are less than a year old, 10% are pre-launch and a quarter have been trading for more than five years.The products in the expressions of interest include gluten-free (21% of businesses), baking mixes (33%) and snacks (46%).A selection of those businesses are now being invited to make full applications, although the fund is continuing to collect expressions of interest through the Mission Ventures website.Applicants will be judged on their future potential, said Batch Ventures, which expects up to five businesses to be selected over the first 12 months.It plans to put a long list of applicants together this month for closer review during September, with the first investments by early October.“As a fifth-generation family business, we are proud to be backing British enterprise during these uncertain times and this programme allows us to support the next generation of innovative bakery-led brands,” said Warburtons chairman Jonathan Warburton.The three directors in Warburtons’ partner in the initiative, Mission Ventures, have independently co-founded and successfully exited their own challenger brands: Paddy Willis (Plum Baby), Nigel Parrott (Ape Snacks) and John Stapleton (New Covent Garden Soup Company and Little Dish).“We are delighted by the quality and range of businesses who have expressed interest in the support available from Batch Ventures. This once again demonstrates the vitality and innovation to be found within the British baking industry,” said Mission Ventures chief executive Paddy Wil
Hailing from South Florida, Electric Kif and their undeniable spunk is bound to catch the attention of music lovers through their execution of cosmic funk, rock, soul, and jazz. Their blend-mode talents bring an unparalleled energy and sound to the stage that inevitably create a uniquely raw experience through every performance.Ready to release their latest LP, Heist, which was recorded, produced, and mixed entirely by the quartet, “The Kif” have been tirelessly gaining momentum through extensive touring throughout Florida, earning festival slots at Aura Music Festival, Purple Hatters Ball, Orange Blossom Jamboree and the upcoming Suwannee Hulaween. They have ambitiously captured their current chemistry on their new album – due out October 21st – which they describe as “post-nuclear music.”Live For Live Music is proud to present the first single of this upcoming LP, “See You at The Corner”, which you can stream exclusively below:<a href=”http://electrickif.bandcamp.com/album/heist”>Heist by Electric Kif</a>Fully formed in 2013, Electric Kif has gone on to perform and tour with national acts such as Snarky Puppy, Kung Fu, Oz Noy and Ropeadope artists Progger and Killiam Shakespeare, as well as South Florida’s finest Roosevelt Collier and The Heavy Pets. Not only has the the quartet garnered regional attention, they have also been instrumental to the core of the blossoming music scene in Miami, spanning across several diverse projects in between and acting as the backing musicians for many.Here’s a video of the Kif tracking “See You at The Corner”:This week, Electric Kif is heading out on their North East tour, with a string of shows in Philadelphia, NYC, and Hartford. They are selling a limited and unofficial edition of their new album on USB credit cards that feature exclusive videos from their recording process as well as limited edition album art. If you plan on heading to Hulaween, we strongly suggest you check these guys out ahead of time by grabbing one of these limited edition cards below:Electric Kif’s new album can only be purchased ahead of time by catching them on the road. So find them in a city near you! More information can be found on the band’s website.
A multi-million-dollar substation and voltage support equipment just completed by Central Vermont Public Service is making a major contribution to electric service reliability in southern Vermont.CVPS today announced completion of an $11.5 million Winhall facility designed to improve reliability in southern Vermont while putting off the need for miles of transmission upgrades across the southern part of the state. The project, which included the installation of two enormous synchronous condensers, is part of an alternative solution to transmission issues. Targeted energy efficiency is also being used, and CVPS is looking for host sites for new distributed generation as well. When we first looked at the issues in southern Vermont, we were committed to looking at all the possibilities, and this facility is the proof in the pudding, CVPS President Bob Young said. This equipment and substation will significantly improve local reliability and improve voltage support for thousands of customers in the region.Synchronous condensers are devices that control voltage on a transmission or distribution system. A synchronous condenser has internal parts that spin like a motor or generator to support voltage, and outwardly resembles these devices. But synchronous condensers do not actually produce power, nor do they burn fuel or produce emissions.The two units installed by CVPS weigh 60 tons each and will help maintain voltage along 60 miles of power lines in southern Vermont. The synchronous condensers will strengthen the Southern Loop and allow a higher penetration of new alternative energy sources such as photovoltaic, wind and combined heat and power facilities to connect to what has been a weak power system.The project was born out of a public outreach process conducted by CVPS and Vermont Electric Power Company to improve reliability in southern Vermont and the greater New England region several years ago. Through this extensive public outreach process, the companies agreed to a series of solutions, including non-transmission solutions, to address transmission constraints.Besides the synchronous condensers, efficiency efforts and new combined heat and power generation, other elements include a new VELCO transmission line from Vernon to Cavendish known as the Coolidge Connector, a new VELCO substation in Newfane to provide support for customers in Bennington and Windham counties, and a new substation in Vernon. The transmission line and Newfane substation were approved by the Vermont Public Service Board earlier this month. The PSB approved the synchronous condenser project last year, and work began in the spring of 2008.CVPS spokesman Steve Costello said the synchronous condenser project was unique for CVPS in two ways: it marks the first time the company has addressed a major transmission issue in this way, and the condensers are housed in a building designed to look like a traditional horse barn so it fits into the rural and natural surroundings. We worked very closely with the neighbors and abutting landowners to make this project fit, Costello said. We wanted to solve the reliability issues, of course, but also wanted to be a good neighbor and meet local residents needs.
I do most of my drinking in my house. Or out in the middle of the woods. Or on the beach. Or at the playground while I’m watching my kids. Or sitting on the back of a pickup truck in a field somewhere. Or on a ski lift. Point is, I don’t go to bars that often. I have nothing against bars—I met some of my best friends in bars. But who has the time to visit the local watering hole, what with all the playground watching/skiing/sitting on back of pickup trucks that I do.The only thing I really miss by not frequenting bars is the chance to drink super local beers that aren’t distributed much further than my hometown. Beers like Pisgah Pale Ale. Pisgah Pale (or P-Squared, if you like) is one of the beers that has helped propel Asheville to Beer City fame over the last several years, but it’s typically only found on draft. Occasionally, you can find a big bomber of Pisgah Pale, but most of the time, you have to belly up to the bar to drink it.Until now.Pisgah Brewing is set to release their flagship Pisgah Pale in cans. Can you hear the angels singing? I can. Distribution will still be centered around Asheville and the surrounding towns, but if you’re willing to make the trip, you can take sixers of Pisgah Pale home with you (hint: it’s totally worth the gas money) starting January 10th.Wait, that’s today! Happy Pisgah In the Can Day!