All Employee Benefits articles in 2022 – Page 56
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ArticleInsecure and low-paid work could be costing Treasury £10 billion per year
A Trades Union Congress (TUC) report has warned that the government’s failure to stop insecure and low-paid work could be costing HM Treasury £10 billion a year.According to the research, which used the latest tax and benefit modelling, low-paid self-employment costs £9.7 billion alone each year, and more than £192 ...
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Article37% of UK staff report good emotional wellbeing
Just 37% of UK employees have reported good emotional wellbeing, while around one in eight said they have poor levels of wellbeing across financial, physical, emotional, and social factors, according to research by Willis Towers Watson (WTW).The 2022 Global benefits attitudes survey found that those impacted by poor wellbeing are ...
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ArticleOpen Systems recruits chief people officer
Cybersecurity services provider Open Systems has appointed Alaska May (pictured) as chief people officer, to lead its global people organisation, including staff based in the UK.May will be responsible for building a talent management programme, preserving and enhancing the business’ culture, strengthening its diversity, equity, and inclusion ethos, and promoting ...
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OpinionDr Duncan Brown: Should we focus on a different approach to total reward?
How is your total reward strategy holding up these days? Not that well I warrant, following the ravages of two years of the Covid-19 (Coronavirus) health crisis and now facing the onslaught of the worst cost-of-living crisis in living memory. So what is the problem with the common total reward ...
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Case StudiesVirgin Money tailors its reward strategy around flexibility and choice
Banking organisation Virgin Money tailors its reward strategy to suit all of its 8,000 employees by proactively listening to them, which is how it discovered that benefits such as gender-neutral parental leave and flexible working are important.Following discussion with staff to find out what they most valued, they now have ...
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AnalysisHow can employers prioritise a more tailored reward strategy?
Employers must be able to offer a differentiated and competitive reward package in order to retain and attract staff.Through a comprehensive reward package, employers can offer a range of services to assist with various obstacles staff are facing.Building an element of choice into reward policies can be impactful and value-adding ...
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ArticleLondon South East Colleges to pilot four-day week
London South East Colleges (LSEC) has announced that it will enable teachers who specialise in English, Maths and STEM subjects to work a four-day working week as part of its recruitment plan.The pilot scheme, which will start in September, will offer candidates the opportunity to compress their full-time hours into ...
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Article41% of employers think mental health is their biggest challenge
New data has revealed that more than two in five (41%) employers consider mental health to be the biggest HR challenge currently facing their business.The research, which was conducted by professional services consultancy Barnett Waddingham to coincide with Mental Health Awareness Week (9-15 May), also found that this figure is ...
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ArticleHonest Burger and Claranet UK make shortlist for Best Financial Wellbeing Strategy - Small Employer at Employee Benefits Awards 2022
Restaurant chain Honest Burger and cloud and cybersecurity solutions firm Claranet UK have been shortlisted for the Best Financial Wellbeing Strategy – Small Employer category at the Employee Benefits Awards 2022.The award recognises a small employer with fewer than 1,000 employees that uses a proactive approach to addressing its workforce’s ...
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ArticleThe top 10 most-read articles between 28 April – 5 May 2022
The top 10 most-read stories on employeebenefits.co.uk between 28 April and 5 May 2022 were: Salesforce and Cisco named among best UK workplaces for 2022PWC reintroduces summer hours following successful pilotAirbnb introduces flexible working initiativeIpsos and John Lewis shortlisted for Best Benefits to Support Menopause, Fertility or PregnancyPost Office staff ...
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ArticleBulgaria offers best paid maternity package
Bulgaria offers Europe’s best paid maternity package that includes a minimum of 58.6 weeks off, according to analysis by global employment platform Boundless.Its league table, which analysed how individual countries compensate women as they become new mothers, assessed each European country based on the length of full maternity pay it ...
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ArticleKPMG awards staff minimum of £2,000 pay rise
Audit, legal, tax and advisory services firm KPMG has awarded its 15,800 UK employees a salary increase as part of its £51.7 million investment and commitment to them.Employees will receive a flat pay rise of either £2,000 or £4,000 depending on their role, which will be backdated to 1 April. ...
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ArticleSimon Brodkin to host Employee Benefits Awards 2022
Comedian Simon Brodkin will host the Employee Benefits Awards 2022 on Friday 24 June 2022.Brodkin will welcome delegates to the 20th annual awards ceremony, which this year will be held at the Honourable Artillery Company, London. It is the go-to annual event of the year for the reward, benefits and ...
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ArticleConfessions of a benefits manager: Candid tries to educate the talent team
We have a bit of a problem with the talent team. A misnomer if ever there was one. It might be different in other organisations but our recruiters are not a very talented bunch. I’m pretty sure that the criteria for hiring them is a dubious certificate in media studies ...
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ArticleOrlando Airport celebrates Star Wars Day with visit from 'The Orlandolorian'
Image credit: Orlando International Airport (@MCO)Something for the weekend: To celebrate Star Wars Day on 4 May, Orlando Airport staff and visitors were treated with a visit from 'The Orlandolorian', a spoof character representing both local and intergalactic trends.The Orlandolorian sported a costume of which the top half paid homage ...
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ArticleStaples UK agrees £47m pension scheme buy-in
The Universal Office Supplies Pension Scheme, the sponsor of which was Staples UK, has agreed a pensions buy-in worth approximately £47m with Legal and General Assurance Society (Legal and General).Staples UK was previously a provider of office supplies, which sold its UK division to Hilco Capital in 2016, and entered ...
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ArticleOutsourced Tesco drivers secure 27% pay increase
Fuel tank drivers employed by logistics firm XPO on an outsourced contract for supermarket chain Tesco's petrol stations have called off strike action, after securing a 27% pay increase.A total of 57 drivers, members of trade union Unite, voted 100% in favour of strike action in order to improve their ...
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ArticleVertex and Blood Cancer UK shortlisted for best work-life balance award
Biopharmaceuticals organisation Vertex, charity Blood Cancer UK, and employment agency MRL Consulting Group are some of the organisations shortlisted in the Best Benefits to Support Work-Life Balance category at the Employee Benefits Awards 2022.This award recognises the best benefits offering from an organisation that aids its employees in having a ...
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AnalysisWhat does the group risk market look like post-pandemic?
Need to know:The pandemic has focused minds on health and wellbeing, and fuelled growing interest in group risk products.Employers are looking to extend cover to wider cohorts of employees.Long Covid and the surrounding mental health and wellbeing challenges mean group risk products are becoming increasingly important.To maximise these products, communication ...
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Case StudiesTrayport adds group income protection to reassure employees post-Covid
Energy trading software firm Trayport introduced group income protection via Zurich during the pandemic in January 2021, to provide added reassurance to its UK employees.David Glennon, rewards manager at Trayport, says: “When Covid came along, we wanted to find opportunities to give our employees additional peace of mind. We already ...