All Employee Benefits articles in 2022 – Page 41
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Supplier articleIncrease in cost of living causes two fifths to reduce or stop regular saving
Over two fifths (42%) of UK adults say the increase in the cost of living has meant that they have reduced or stopped any regular savings.A survey of 2,000 UK adults was conducted by WEALTH at work, a leading financial wellbeing and retirement specialist and looked at people’s savings habits. ...
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ArticleFDM Group reports -4.0% mean gender pay gap
FTSE 250 professional services firm FDM Group has published its 2022 gender pay gap results, finding a -4.0% mean gender pay gap.According to the firm, which employs 2,982 workers in the UK and 6,663 globally, this is an improvement on last year’s figure of 0.5%.FDM Group, which added more than ...
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ArticleSmart Monkey Marketing launches unlimited annual leave
Sussex-based marketing agency Smart Monkey Marketing has introduced unlimited annual leave to encourage an improved work-life balance for its three full-time members of staff and four freelancers.Under the policy, a minimum number of days should be taken as annual leave per quarter, so that staff are aware that, while they ...
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OpinionSinead Cuthill and Emma Vennesson: Ethnicity pay gap reporting in the UK
In its Inclusive Britain policy paper, published on 17 March 2022, the government stated that it would not be mandating ethnicity pay gap reporting. One of the reasons for this is that it wanted to “avoid imposing new reporting burdens on businesses as they recover from the pandemic.”The government’s position ...
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Supplier articleWHY IS THE GREAT RESIGNATION HAPPENING?
Unless you’ve been hiding under a rock for the past 18 months, you’ve probably heard about the Great Resignation. At the height of the Covid-19 pandemic, businesses put hiring plans on hold and employees stayed put. But as economies began to open back up, all of those ...
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ArticleMinehead Medical Centre moves to employee ownership
NHS GP practice Minehead Medical Centre in Somerset has become 98% owned by an employee ownership trust (EOT).According to the practice, being an employee-owned entity allows its 50 members of staff to have a say in how the practice is run without needing to invest their own money. All profits ...
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Article64% of UK staff are stressed about their finances
Almost two-thirds (64%) of employees said their finances have made them feel stressed, anxious, or depressed, according to new research from Metlife UK.The research, conducted by Opinium on behalf of Metlife UK with 1,428 UK part-time and full-time workers, highlighted that as the rising cost-of-living crisis continues to impact people’s ...
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ArticleJet2holidays implements 8% pay rise and £1,000 bonus
Credit: Photofex_AUT / Shutterstock.comPackage holiday provider Jet2holidays has awarded its employees an 8% pay rise to be followed by a further £1,000 bonus at the end of the summer.The announcement was made in the business’ preliminary unaudited results report for the year ended 31 March 2022, in which it stated ...
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ArticleCommerzbank names new chief human resources officer
The supervisory board of German bank Commerzbank has appointed Sabine Mlnarsky (pictured) to its board of managing directors, where she will assume responsibility for the group human resources division.Effective from 1 January 2023, Mlnarsky will succeed Sabine Schmittroth as chief human resources officer and labour relations director. Schmittroth is leaving ...
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AnalysisHow employee share schemes can be used to attract and retain talent
Need to knowFinancial gain aligned to the success and growth of an organisation supports medium- and long-term motivation and retention.Employers should keep communications clear, but simple. Employees will need to understand the personal monetary value of a share scheme before making the decision to sign up.Share schemes should be part ...
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Case StudiesPetroplan launches enterprise management incentive to drive engagement
In April 2022, global talent acquisition specialist Petroplan Group launched an enterprise management incentive (EMI) scheme in the UK, with an equivalent share option scheme for its non-UK offices, giving its 80-strong workforce an opportunity to build an ownership stake in the business.The move is designed to help drive productivity, ...
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Article
Poll: What is your organisation doing for staff impacted by flight delays?
Take part in our latest readers’ poll on a current topical issue. There have been multiple reports in the UK media over the past few weeks that as a result of staffing shortages while airlines are still adjusting to the rapid influx of demand, many are experiencing significant flight delays. ...
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ArticleThree-fifths of European employees want additional pensions advice from employers
Almost three-fifths (58%) of employees across Europe showed high or very high interest in accessing professional advice on managing their pensions via their employer, according to research from Alight Solutions.The Retirement perception index, undertaken in partnership with the University of Granada, was carried out among 2,400 employees in businesses across ...
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ArticleNatwest gives lowest earning staff £1,000 pay rise
Banking group Natwest has awarded more than 22,000 of its lowest paid employees in the UK and all global locations an average pay rise of £1,000 on a full-time equivalent (FTE) basis, effective from 1 September.In the UK there will be an additional 4% salary increase for employees earning under ...
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ArticlePost Office employees at 114 locations strike over pay row
Post Office employees working at 114 crown post offices, larger branches usually found on high streets, have begun a 24-hour strike over pay.The 3,500 members of staff, members of the Communication Workers Union (CWU), rejected a pay offer from management worth 3% and a £500 lump sum. The union stated ...
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Supplier article4 MENTAL HEALTH MYTHS THAT ARE HARMING YOUR WORKFORCE (AND WHAT TO DO DIFFERENTLY)
Author: By Dr Sophie Dix, VP of Content at Koa Health - Employee Mental Health and Wellbeing SolutionsLet’s start with the number one myth that impacts most organisations sooner or later: Mental health isn’t a problem for my workforce.Also known as everything is fine, nothing to see here. Unfortunately, the ...
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Supplier article3 BARRIERS TO MENTAL WELLNESS THAT MAY BE IMPACTING YOUR EMPLOYEES
Author: By Dr Chuk Anyaegbuna, Clinical Lead at Koa Health - Employee mental health and wellbeing solutionsWhatever your industry, chances are mental health is impacting your workforce. A recent large-scale study of 17,000 people around the UK revealed that 1 in 2 people experience significant mental health difficulties. Last year ...
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Supplier articleWHY CULTURE IS CENTRAL TO MANAGING AND SUPPORTING MENTAL HEALTH AT WORK
If you think that ‘company culture’ amounts to having a table tennis table in the break room, or implementing Dress Down Fridays? Think again! Company culture is incredibly powerful, and impacts everything from key business outcomes through to acquisition, retention, and employee wellbeing. Creating a strong company ...
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Article79% want employer support during cost-of-living crisis
Eight in 10 (79%) of UK employees said their employer has an obligation to support them in managing the cost-of-living crisis, according to research by people analytics business Visier.The survey of 2,010 full-time staff at UK organisations employing more than 250 people revealed that 71% did not feel their employer ...
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ArticleCadbury staff secure up to 17.5% two-year pay deal
More than 1,000 Cadbury workers have achieved a two-year pay deal worth up to 17.5%, as well as a separate 25% boost in holiday pay.A total of 80% of the workers based at Cadbury’s sites in Bournville, Birmingham, Chirk, Wales and Marlebrook in Hereford, members of the union Unite, voted ...