Business
Head teachers’ union demands action over ‘failing’ pension scheme
BBCThe head teachers’ union has demanded action from the Department for Education (DfE) to address what it describes as the “failing” Teachers’ Pension Scheme.
The National Association of Head Teachers (NAHT) said there was a litany of problems with the scheme, which has two million members, including payment delays that have left many in financial disarray.
The union told BBC Radio 4’s Money Box it was “shocked” at the number of members contacting it for help.
The DfE said it understood the problems had caused frustration and it was continuing to work closely with the scheme to resolve the issues as soon as possible.
‘Deeply dissatisfied’
With members across England and Wales, the Teachers’ Pension Scheme is one of the largest retirement schemes in the UK.
Although day-to-day operations are outsourced to Capita, the DfE has overall responsibility for the scheme.
But in a letter seen by Money Box the NAHT said it had “serious concerns” about how it was being run, including significant delays for members being paid their pensions.
The letter also cited excessive waiting times for members trying to get through on the phone, poor communication from pension scheme staff, and unanswered and unresolved queries and complaints.
Describing its members as “deeply dissatisfied”, the union’s assistant general secretary James Bowen said it was clear the Teachers’ Pension Scheme was failing teachers and school leaders.
“It’s just frankly not good enough,” he said, adding that the department and the pension scheme needed to “get to grips” with the problems and accelerate resolving some of the queries.
“I think we need to see some strong leadership within the Department for Education and within the Teachers’ Pension Scheme,” he said.
“Probably the only other solution is to put some more capacity into that team so it can cope with the demand that appears, at the moment, to be overwhelming them.”
Joanne Hurst‘It’s diabolical’
After a 40-year career in education, starting as a nursery assistant before working her way up to head teacher of a primary school, Joanne Hurst has spent the last two years meticulously planning for her retirement.
She was due a lump sum pension payment on 1 September, which she had arranged to use to pay off her mortgage on that day. She was also expecting the first of her monthly pension payments in the middle of the month, but she has not seen a penny of either.
Ms Hurst said this has had “a huge impact” on her financially, costing her in lost interest and forcing her to pull money from other places to get by.
“That’s then had an impact on my mental health and well-being because I’m worried about when will this money come through,” she told the BBC.
She said trying to get answers out of the pension scheme had compounded her stress.
“Each time I ring Teachers’ Pensions I’m given different advice, conflicting advice,” she said.
“I think it’s diabolical. I think it’s grossly unfair for people who’ve worked all their lives [and] paid into a system.
“It’s not a charity, it’s something we are owed because we have paid into it.”
The NAHT’s Mr Bowen said he believed a lot of the problems stemmed from a legal judgement in 2018, which found that younger members of government schemes were effectively discriminated against.
That judgement led to the government changing public service pension schemes, including the way pension valuations were calculated.
In March, Teachers’ Pensions – which runs the Teachers’ Pension Scheme – said it had been waiting for that government guidance, and it had taken “a long time to agree for consistency [across all public service pension schemes] and to ensure calculations don’t need to be revisited”.
Mr Bowen said: “I’ve no doubt that is a huge part of [these delays] but I don’t think it explains it all.
“I think probably there is also a shortage of capacity there as well and those two things combined are probably creating the situation we find ourselves in now.”
In a statement, the DfE said: “We understand that this has caused frustration and are continuing to work closely with Teachers’ Pensions to resolve this issue as soon as possible,” adding that people can check the TPS website for updates.
Capita apologised for the delays and said active discussions were continuing to address the increase in the number of enquiries being made to Teachers’ Pensions.
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Research suggests you should leave this one thing off your CV
Writing a CV requires important decisions. What should you include, what should you leave out – and how honest should you be?
One particularly tricky dilemma that might come up is whether to disclose weaknesses on your CV or remain silent about them. Common sense suggests it’s not advisable to advertise your flaws, but what about important information that employers might expect you to supply? Could the omission of such details look suspicious?
Research my colleague and I conducted looks at this specific question, focusing on the academic qualifications of new graduates entering the job market. And it provides a clear, evidence-based answer: if your grades are low, you are better off not disclosing this.
Complete honesty is not the best policy.
In the UK, where we did the research, most universities award undergraduate degrees on a scale: first-class, upper second (2:1), lower second (2:2) and third. While a first or 2:1 is often seen as evidence of strong performance, lower degrees are held in lower esteem.
A graduate jobseeker with a lower classification has a choice of what to reveal on their CV. They can be upfront about it, or they could simply state that they have a degree, without mentioning the class. (A third option, to lie about the class, is probably a bad idea because employers can and do ask for proof.)
Perhaps surprisingly, traditional economic theory would probably favour fronting up. Interactions like this, where a “seller” (in our case, a jobseeker supplying their skills) holds information about their quality that they can voluntarily disclose or not to “buyers” (here, employers), have been popular subjects for analysts of game theory (the mathematical study of strategic interactions).
The idea starts with the notion that people who fail to supply available evidence about their quality look like they have something to hide. Some economists have concluded that buyers will assume non-disclosing sellers must be not merely bad, but of the lowest possible quality level.
In our context, this means employers would think that any graduate whose CV omits degree classification information has a third-class degree, and should treat them accordingly. To avoid this, it would be in the interests of any applicant who earned a 2:2 or higher to disclose it.
To see how job seekers actually behave, we analysed the CVs of recent graduates on the job website Monster. We noticed that a substantial minority left their degree class undisclosed. Included among them, presumably, were plenty of applicants with at least a 2:2.
About the author
Tom Lane is a Senior Lecturer in Economics at Newcastle University.
This article is republished from The Conversation under a Creative Commons license. Read the original article.
To work out whether these applicants were making a mistake, we also conducted a large experiment, sending more than 12,000 applications to genuine graduate job vacancies. These varied only in the jobseeker’s degree classification, and whether this was disclosed on their CV, with other details kept the same.
Success was measured by how often applications resulted in invitations for an interview or further communication. As expected, the most successful of our applications were those with a first-class degree.
However, those who said nothing about degree class were not the least successful. Instead, their success rate was in between that achieved by jobseekers disclosing 2:1s and 2:2s. Applicants who openly reported a third-class degree were the least likely to receive a response.
Put simply then, full disclosure harmed their chances.
The third degree
Our findings challenge the neat logic of traditional economic theory. If employers always assumed the worst about missing information, hiding poor grades should not help.
Yet in practice, it seems recruiters do not have time to scrutinise every detail. Faced with hundreds of applications, they may skim CVs, focusing on standout positives or negatives. If the grade is not there, it may simply go unnoticed.
Of course, interviewers might ask about grades later in the application process, but by initially concealing this information, otherwise unattractive applicants can help themselves get to the interview stage, at which point they can use other qualities to impress.
The practical message of our research is clear. If you have strong academic credentials, highlight them proudly. But if your results are weaker, you are under no obligation to advertise them. Omitting them will not guarantee success, but it may increase your chances.
The graduate job market remains highly competitive. Yet our study suggests that lower grades do not need to define a candidate’s prospects, provided they make careful choices about self-presentation.
Strategic omissions may help level the playing field for those whose academic record does not reflect their potential. So if you have recently graduated with a third, there’s no need to panic, and no need to mention it either.
Business
Video: Skilled Foreign Workers Think About Leaving the U.S.
These highly skilled, highly educated foreign workers have been documenting the challenges of trying to build a career in the U.S. “If I don’t find a job, I have to leave the country.” “I sent out 907 applications.” “Have I ever truly relaxed in America?” They need an H-1B visa, which is given through a lottery system that allows U.S. companies to hire highly skilled international professionals for up to six years, in industries like tech and medicine. But the Trump administration has made changes to the program, requiring companies to pay a high fee and enforcing new rules that prioritize higher-paid foreign workers, in an effort to make more jobs available to Americans. This has forced some foreigners to rethink their career plans. “I think the U.S. is still the golden standard.” Wen-Hsing Huang came to the U.S. from Taiwan in 2022 for the tech scene, and was hired by Amazon on an H-1B visa. “I want to use my talents to change the world, and I think the United States was the best platform to do that.” Ananya Joshi came from India to attend a master’s program in Chicago in 2022. “So it was actually my my father’s dream that I had inherited because my father couldn’t go because of his financial situation.” Haina, a Chinese national, fell in love with the U.S. while studying in New York. She got her H-1B in 2022. “I remember there were a lot of companies, they would be able to sponsor.” Haina said she’s experienced a recent shift, where it has become harder to find companies that sponsor H-1B visas. “This time when I was job searching, I didn’t realize it could be a deal breaker. I just had my second interview of 2026, and it was a pretty short call.” (Recruiter) “I don’t think we’re eligible or able to do sponsorship for this role at the moment.” “They don’t even really get to know if I’m qualified, am I experienced, or anything. The decision is already made at that point.” “Please, please make sure that the company you’re about to work for has experience handling international hires.” Joshi said a start-up she interned with during grad school rescinded their promise to sponsor her H-1B visa. “Ask for everything in writing. And then there were jobs that were contract jobs. They would just reject me. They would only need people with a green card or a U.S. citizenship.” Even with an H-1B and a six-figure salary, Huang said he felt himself becoming anxious, as tech layoffs ramped up and Trump’s immigration policies kept changing. “I woke up every morning with this knot in my stomach, because my entire life depended on the policy I couldn’t control. The United States seems not very welcoming to immigrants that contribute to this country.” “The signals are, like, pretty clear at this point. They want to make this H-1B, is, like, risky and also, like, harder.” Hello, everyone.” Despite that, Haina says she’s determined to keep looking for a job until she’s forced to leave the country. “The pressure about where I’m going to be in the next of my career or, like, my life. I sort of like lost the ability to enjoy my life or just be happy.” “So I had to leave the U.S. Of course, I expanded my search beyond the U.S. Found a job in Germany.” Joshi packed up her life and started a new role with a European biotech firm in January. “I think I left at a good time, because there would have been more stress. I would have been stuck in a loop.” “It’s an endless cycle of anxiety.” After quitting his job at Amazon, Huang is now back in Taiwan, planning to launch his own company. “To bet on building an A.I. company that gives me complete control over my time, location and future. Staying in the United States is no longer the only way to achieve my American dream.”
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