All Employee Benefits articles in 2022 – Page 61
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ArticleMelin Tregwynt marks 110 years with employee ownership deal
Pembrokeshire-based woollen mill and shop Melin Tregwynt has marked its 110th anniversary by transitioning to an employee ownership trust (EOT).Current owners Eifion and Amanda Griffiths have handed over ownership to their 42 employees, though they plan to remain in the business on a part-time basis.By giving all employees a stake ...
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ArticleNylas to help fund start-ups of current and former employees
US-based communications application programme interface (API) provider Nylas has launched the Nylas Alumni Fund, to support both current and former employees who wish to launch early stage start-ups.Nylas has pledged to contribute up to $20,000 (£15,219.90) towards a seed round of funding in support of what it deems to be ...
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ArticleMoneypenny recruits new people director
Call and live chat services firm Moneypenny has appointed Charlotte Ashdown as people director as of this month.Ashdown previously spent 13 years at Iceland Foods Headquarters, where she was head of HR. According to Moneypenny, she is an expert in people and development, and has experience and a passion for ...
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Supplier articleEarth Day: The What and The How
Earth Day is on the 22nd of April and comes around every year, but do people even know about it? It’s a time to reflect on your impact on the earth and demonstrate your support for protecting the environment.Incredibly the Earth is 5 billion years old! But that doesn’t stop ...
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Case StudiesITM switches to master trust to ease burden and boost engagement
Independent data consultancy ITM switched from a group personal pension (GPP) to a Cushon master trust in January 2021.Hilary Chapman, head of HR at ITM, says: “We previously had a GPP and were looking to move from our previous pension provider because of issues with administration and lack of member ...
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AnalysisAre master trusts the future of pensions?
Need to know:Master trusts offer a cost-effective solution that harnesses economies of scale and relieves employers of a growing regulatory burden around pensions.Many are using technology to forge ahead with developments such as open banking, and flexible drawdown.Value-added services can help employees build financial resilience in the short-term, as well ...
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OpinionDaniela Silcock: Why master trusts have become the pension destination of choice
Master trusts have come into their own over the past 10 years. From a niche arrangement pre-automatic enrolment, master trusts have become the pension scheme type into which 84% of employees are enrolled.Pensions Policy Institute (PPI) modelling expects that out of around 15 million active defined contribution (DC) pension savers ...
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Supplier articleHow Nando’s Has Raised the Bar for Employee Rewards
Nando’s employee Chloe Sutherland recently revealed a letter from her employer in a viral Tiktok video. The letter unveiled a very generous employee reward scheme. As she had devoted five years to working for the restaurant, she would receive an extra 4 weeks off on top of her holiday. The ...
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ArticleAllen and Overy reports 59% mean gender pay gap
Law firm Allen and Overy has published its fifth annual gender pay gap report, which found that its overall mean gender pay gap in 2021 was 59%, a slight decrease from 60% in 2020.Its overall median gender pay gap stood at 41%, just less than 46% in 2020. Meanwhile, its ...
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ArticleVirgin Media O2 to fund gender transition treatment
Mobile network Virgin Media O2, which employs around 18,000 people in the UK, has committed to fund gender transition treatment for transgender and non-binary employees, to help them access medical care, support and advice.This fund was created as part of its plan to become a more equitable and inclusive business, ...
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ArticleThird of women leaving SMEs want more inclusive benefits
More than a third (36%) of female staff at small to medium sized enterprises (SMEs) who are planning to leave their role in the first half of 2022 said they want more inclusive benefits, according to research by employee engagement specialist Sodexo Engage.The survey collected responses from more than 1,000 ...
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Supplier articleCaboodle introduce the Occupational Health employee benefit to organisations
At caboodle, we’ve partnered with industry experts Smart Clinic to introduce the Occupational Health employee benefit to our wide range of employee benefits available to organisations internationally.This newly added employee benefit provides employees with a wide range of treatments, therapies and support to help improve physical and mental wellbeing.Through the ...
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Supplier articleHOW WORKPLACE STRESS COULD BE HURTING YOUR PEOPLE AND YOUR BUSINESS
Everyone experiences feelings of stress at some point in their lives and, although unpleasant, there’s actually a very good reason our bodies trigger this reaction to certain situations. Stress hormones, such as adrenaline and cortisol, trigger a ‘fight or flight’ response that helps us to react quickly. ...
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OpinionAndrea London: Attitude change needed to address ageism at work
With hybrid working models quickly becoming 'the norm' and the constant requirement instead for online productivity, virtual working and remote meetings or presentations, is our older generation cognisant of technological advances, and are they able to keep up?We seem to be noting an increased polarisation of the labour market in ...
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ArticleEmployment on the rise but real pay growth falters
The number of payrolled employees has increased between February and March 2022 for all regions of the UK except for the North West, according to research from the Office of National Statistics (ONS).For the three months ending February 2022, the highest employment rate estimate in the UK was in the ...
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ArticleRobertson Bell bought by employee ownership trust
Public and not for profit sector recruitment agency Robertson Bell has been sold to an employee ownership trust (EOT).Founded by CEO Stuart Bell in 2007, the business’ move to sell to an EOT has been aimed at building a legacy for the employees who will be creating its future successes, ...
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ArticleEXCLUSIVE: 86% say staff need more wellbeing support post-pandemic
EXCLUSIVE: New research has revealed that 86% of employers believe employee expectations have changed and that they require more health and wellbeing support since the onset of the Covid-19 (Coronavirus) pandemic.Towergate Health and Protection carried out research into the changes in health and wellbeing aid needed by employees since Covid-19 ...
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ArticleING appoints new head of HR for UK and Middle East
Financial services firm ING has appointed a new head of HR for the UK and Middle East.Elena Orsini started in the role this month (April), will be based in London and responsible for 800 full-time employees across the two regions.She has nearly 25 years’ experience in HR. Most recently she ...
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ArticleRachel Suff: Can employers do more to support staff with stress?
Work-related stress can pose a risk to businesses as well as employees, often resulting in higher sickness absence, lower staff engagement and reduced performance.The latest Chartered Institute of Personnel and Development (CIPD)/Simplyhealth Health and wellbeing at work report (published on 5 April) found that work-related stress remains a persistent and ...
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ArticleClaire Neal: Can employers do more to support staff with stress?
The Covid-19 pandemic has transformed the conversation about workplace mental health, and hopefully encouraged a new perspective on how employers can support staff with stress.With so many of us converting our home into a place of work, we have been reminded how stressors can come from inside and outside the ...