All Employee Benefits articles in 2022 – Page 44
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Case StudiesPodcast: GB Bank creates unique benefits proposition as a new organisation
tynanbarton · GB Bank/Employee Benefits podcastPhoto credit: Tom BanksListen: Specialist bank GB Bank faced the challenge of growing and creating its benefits proposition against the backdrop of the pandemic, following its launch in 2017. However, focusing on its employee value proposition during such a tumultuous time meant that it could ...
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Case StudiesThe benefits offered by GB Bank
Photo credit: Tom BanksThe benefits on offer at specialist start-up bank GB Bank are:Pension and group riskA master trust offering an 8% employer pension contribution and 3% employee.Death-in-service benefit at four-times salary.Healthcare and wellbeingPrivate medical insurance for all employees, employer-paid.Monthly one-to-one coaching sessions.Headspace subsciption. Work-life balance or family-friendly policiesFlexible-working policy ...
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ArticleMarks and Spencer reaffirms commitment to Armed Forces Covenant
Marks and Spencer has signed an Armed Forces Covenant to reaffirm its commitment to be a forces friendly employer, in celebration of Armed Forces Day (25 June).Seven years after its original commitment to the covenant in 2015, representatives from the Ministry of Defence and the Royal British Legion joined for ...
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ArticleCAE Crewing Services cabin crew at Heathrow win 18% pay rise
150 Heathrow-based cabin crew employed by CAE Crewing Services on its contract for Scandinavian airline SAS Connect have secured an 18% pay rise, with wages set to increase by nearly £5,000.All of the employees, who are members of trade union Unite, will receive a phased 18% pay rise, beginning with ...
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Supplier articleHow small businesses can overcome common employee benefits challenges
Employee benefits are an investment in people that can pay real dividends for businesses of any size.Here, we’ll look at some of the common barriers businesses cite when looking to introduce employee benefits.Ultimately, these barriers can be overcome to help make benefits more accessible for more companies and their teams.The ...
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ArticleGovernment expects to eliminate gender state pension gap by 2040
The government revealed that it expects the gender state pension gap to be eliminated by 2040, suggesting that auto-enrolment could decrease the savings shortfall between men and women.The issue of the state gender pensions gap was raised in the House of Lords on 27 June, as Lord Davies of Brixton ...
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ArticleWalr launches phantom stock plan for all staff
Data creation platform business Walr has introduced an employee phantom stock plan, or shadow options scheme, for its 70 employees.The scheme is available to all employees, no matter their seniority, and will allow them to participate in the business’ future success in the form of financial reward, by simulating stock ...
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Article
Koa Health
ABOUT USA leading global provider of workplace mental health solutions, Koa Health helps companies support employee wellbeing every day, across departments, locations and industries. Trusted by leading insurers and employers, such as Mapfre, O2, Jack.org and Education First, Koa Health leverages deep clinical expertise, research, and technology to deliver practical, ...
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ArticleChris Ronald: Employees need support through the cost-of-living crisis
Everyone is feeling the pinch. Inflation is outstripping benefits and wages, and coupled with recent tax hikes, real disposable income has reached its lowest point in decades. The Bank of England predicts the current cost-of-living crisis to last until next year, with the potential to continue into 2024. This is ...
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OpinionNeil Todd: Ineos case shows collective bargaining rights cannot be bypassed
Unite members’ victory at a recent employment appeal tribunal, which saw global chemical firm Ineos being ordered to compensate employees after they attempted to bypass agreed collective bargaining mechanisms, is a significant victory for the rights of trade union members.The decision strengthens the case law relating to what amounts to ...
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Supplier articleThe impact of money worries - WEALTH at work reveals its latest survey results and what employers can do to help
According to the latest research by the Office for National Statistics, 77% of people over the age of 16 reported feeling “very or somewhat worried about the rising cost of living.”WEALTH at work, a leading financial wellbeing and retirement specialist, has also conducted research that has looked at the impact ...
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ArticleGovernment will not introduce menopause as a protected characteristic
Baroness Stedman-Scott, the Minister for Work and Pensions and Minister for Women, has confirmed that the government is not currently planning to introduce menopause as a protected characteristic under the Equality Act 2010, or to implement dual discrimination.Caroline Noakes MP, chair of the Women and Equalities Committee sent a letter ...
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ArticleParfetts staff receive company-wide bonus up to 2% of salary
Cash and carry business Parfetts has awarded its employees with a bonus of up to £500, to reflect the rising cost of living and recognise their hard work.The business, which employs 850 workers, has seen sales exceed £600 million this year, and had a more than 5% profit increase on ...
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ArticleDWF updates family friendly policies
Global integrated legal and business services provider DWF has introduced improved family friendly policies to support working parents and guardians.According to the firm, which employs 4,000 members of staff, this was in response to employee feedback. DWF said it aims to create a more inclusive, empathic environment for parents and ...
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Article69% of employers offer equal parental leave
Employee Benefits poll: Almost seven in 10 (69%) employers provide staff with equal parental leave, allowing them to take the same amount of paid or unpaid leave when a new child arrives, including in adoption and surrogacy cases.One-fifth (21%) of respondents to an online survey conducted by Employee Benefits earlier ...
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Case StudiesAnglian Water addresses environmental impact with electric car salary sacrifice
Utility firm Anglian Water has introduced a salary sacrifice arrangement for electric vehicles for its 5,000 employees.The scheme went live in early May and in the first six weeks around 20 orders have already been placed. Sally Purbrick, head of reward at Anglian Water, says: “We wanted to support our ...
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AnalysisAre car schemes still a valued employee benefit?
Need to know:Company car take-up has fallen in recent years as overall tax levels have risen.Electric cars benefit from lower rates and are now the focus for many employers.These are increasingly being offered via salary sacrifice rather than on a company-paid basis.For many years, the traditional company car scheme was ...
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ArticleEmployee Benefits Award winners 2022
Best Benefits to Support Staff Post-Pandemic Winner: Saga This award recognises an organisation that has offered the most effective new employee benefits to help staff following the global healthcare crisis. During the course of the pandemic, Saga adopted a clear hybrid-working model, ...
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Article
Poll: Does your organisation offer a work-from-anywhere policy?
Take part in our latest readers’ poll on a current topical issue. Earlier this month, Employee Benefits reported that creative agency Waste Creative introduced a work-from-anywhere policy to enable its full- and part-time employees to work from any location for up to four weeks per year. In light of this, ...
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Supplier articleWorkplace mental health: why the right foundations matter
Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits interviews Dr Julie Denning, Chartered Health Psychologist and Managing Director of Working To Wellbeing, Chair, Vocational Rehabilitation Association UK In March this year, the National Institute of Clinical Excellence (NICE) published its Mental wellbeing at work guidelines ...