All Employee Benefits articles in 2022 – Page 52
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OpinionDr Kerrie Unsworth: Personalised employee experiences are key to motivation
What motivates people to work hard? We used to think it was money, but most of us now realise that this is not always the case. Is it flexibility to choose how and where they work? Is it a fun working environment with free ice-cream and beanbags? All of these?After ...
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ArticleArriva drivers accept revised and backdated 3% pay offer
More than 1,000 London bus drivers employed by Arriva have accepted a revised and backdated pay offer of 3%, following three days of industrial action.An initial 48-hour strike was held in April over the dispute, as the workers based at garages in Brixton, Croydon, Norwood and Thornton Heath who operate ...
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ArticleCritizr launches menstrual and miscarriage leave
Customer interaction management business Critizr has introduced a menstrual and miscarriage leave policy for its 100-plus employees, effective from this month.The organisation, which has offices in the UK, France, Spain, Japan and the Netherlands, has introduced five days of leave in the event of a miscarriage during the first 22 ...
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ArticleMarine Management Organisation reports 9.8% mean gender pay gap
The Marine Management Organisation (MMO) has revealed that its mean gender pay gap has widened in favour of men, from 8.3% in 2020 to 9.8% in 2021.Its median gender pay gap also widened in favour of men, from 4.7% in 2020 to 8.2% a year later. For comparison, the most ...
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Supplier articleCREATIVE IDEAS FOR EMPLOYEE RECOGNITION PROGRAMMES THAT WILL ENGAGE YOUR PEOPLE
Employee recognition is essential for modern organisations, and according to research by Deloitte, recognition programmes lead to a 31% lower voluntary staff churn rate. When your organisation implements an employee recognition programme, it’s 12 times more likely that your organisation has strong business outcomes. But, how do ...
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OpinionAvril England: What comes next for staff in the event of a takeover?
Following the confirmation that sale terms have been agreed, all the staff will automatically transfer to the buyer under the provisions of the Transfers of Undertakings (Protection of Employment) Regulations 2006 (Tupe).Tupe implements European laws designed to protect employees whose contracts of employment are in effect transferred to a ...
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ArticlePay gap between executives and staff narrowed during Covid-19
The gap between executive pay and the earnings of average members of staff narrowed slightly during the Covid-19 (Coronavirus) crisis, according to the High Pay Centre.The think tank’s analysis of FTSE 350 employers found that between 2020 and 2021, the average chief executive officer (CEO) earned £44 for every £1 ...
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Article31% of banking staff plan to leave roles due to pressure
Almost a third (31%) of financial services and banking professionals have planned to leave the industry due to high pressure, according to a report by global digital accountancy platform LemonEdge.Professionals in the industry said a heavy workload (42%) was the main contributor to feeling heightened pressure within their role. This ...
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ArticleBank of America ups minimum hourly wage to $22
Bank of America has announced that it is raising its US minimum hourly wage to $22 (£17) as of the end of June, seeing an annualised salary for full-time employees increase to more than $45,000 (£36,007.20).According to the bank, this builds on its history of being a national leader in ...
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OpinionAida Rehmatullah: It is never too early for staff to engage with pension decisions
Our purpose at the Pension Protection Fund (PPF) is to protect the financial future belonging to millions of people throughout the UK who belong to defined benefit (DB) pension schemes. As a large asset owner, it’s critical we consider all the potential risks over the entire time horizon of our ...
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AnalysisHow can employers engage staff in responsible pensions investment?
Need to know: While the idea of providing ethical and sustainable investment options has gathered popularity, the take up of these pension investments is still relatively low.Embedding environmental, social and governance (ESG) factors into default funds can be complicated, as it introduces additional risks and can distract from focusing on ...
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ArticleNatwest, PepsiCo and Tesco make Times Top 50 Employers for Women 2022
The Times Top 50 Employers for Women 2022 have been revealed, with major brands such as PepsiCo UK and Ireland, Natwest and Tesco making the cut.Other businesses include full fibre platform CityFibre, payments services firm Worldline, publishing firm Hachette UK, and construction business Wates.Several law firms and financial services organisations ...
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ArticleStaff engagement is top priority for global businesses
Employee engagement has risen to become the top priority for global businesses, taking the place from 'operational efficiency', which is now second most important, according to research by workplace and facility management business ISS.The research canvassed the views of 100 of ISS' global customers in a range of professional, technology ...
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ArticleScania UK revamps its family friendly benefits
Scania UK, a supplier of vehicles for industrial and marine applications, has enhanced its maternity, paternity and adoption benefits to better support staff who are parents.According to the business, the policy shows a commitment to its diverse workforce by making sure family welfare comes first. To this end, Scania UK ...
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ArticleOcado Group and Nationwide shortlisted for Best motivation or recognition scheme
Grocery retailer Ocado Group and Nationwide Building Society are two of the organisations that have been shortlisted in the Best motivation or recognition scheme category at the Employee Benefits Awards 2022.This award celebrates an employer that effectively uses incentives or rewards to boost the employee experience, demonstrating clear impacts on ...
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ArticleVirgin Group recruits first chief people officer
Virgin Group has appointed Nikki Humphrey (pictured) to the newly-created role of chief people officer.Humphrey will join the 'V Team', Virgin’s executive team, in July, and will report directly to Josh Bayliss, chief executive officer of Virgin Group.Her previous role was executive director of people at John Lewis Partnership, a ...
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Supplier articleHOW TO IMPROVE TEAMWORK IN REMOTE AND HYBRID TEAMS
Has your organisation embraced hybrid working yet? Covid-19 supercharges the shift towards more remote and hybrid working, and it’s something that employees are now looking for more and more. However, you might be concerned about the impact on teamwork when you have employees all over the country, ...
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ArticleSt Ermin’s Hotel becomes accredited living wage employer
St Ermin’s Hotel based in Westminster, London has received accreditation from the Living Wage Foundation.The hotel is part of the Autograph Collection and a subsidiary of Marriott Bonvoy, and the commitment will ensure that all 140 members of staff receive at least the London minimum hourly wage of £11.05. This ...
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ArticleNational living wage rose 26% between 2015 and 2019
The national living wage (NLW) rose by 26% between April 2015 and April 2019, more than twice the 12% increase in median hourly pay for NLW eligible workers, and faster than inflation (8%), according to the government’s Low Pay Commission (LPC).The LPC reviewed the NLW until April 2020, at which ...
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ArticleDisability pension gap puts pots at 36% of UK average
New data has highlighted that people with disabilities have a private pension pot of just 36% of the UK average.The research, commissioned by pension provider Now: Pensions and carried out by the Pensions Policy Institute, revealed that people with a disability who are approaching retirement age have a £47,980 average ...