All news – Page 6
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ArticleBuyer's guide to master trust pension schemes
Credit: elina.nova/ShutterstockWhat are master trust pension schemes?Master trusts are defined contribution pension schemes, set up under trust law, which allow multiple employers that are unconnected with one other to participate. Each employer can set its own employer and employee contribution rates and usually has its own named section of the ...
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ArticleBank of America raises minimum hourly wage for US employees
Bank of America has raised its minimum hourly wage for its US employees to $24 (£18.34) per hour as part of its commitment to increase the rate to $25 (£19.10) by 2025. As a result of the increase, which applies to all full-time and part-time hourly US ...
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ArticleWelsh public sector staff receive pay rise between 5% and 6%
NHS staff, teachers and public sector workers in Wales will receive pay rises of between 5% and 6% in 2024-2025. The pay awards will impact hundreds of thousands of public sector workers across Wales. The Welsh government accepted the pay recommendations from independent pay review bodies in ...
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ArticleA quarter of UK employers think DC pension will provide comfortable retirement
Only a quarter of UK employers think their defined contribution (DC) pension provision will leave their workers with a comfortable retirement, according to research by Willis Towers Watson (WTW). The insurance and financial services firm’s annual Defined contribution pensions and savings report, which surveyed 112 FTSE 350 ...
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ArticleIndian nurse wins interim payout of unpaid wages
An Indian nurse who was sacked by a British care organisation has been awarded a £17,000 payout in unpaid wages. Kirankumar Rathod worked for Clinica Private Healthcare and was dismissed after he raised concerns that he was not being offered enough work. Rathod and a number of ...
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ArticleEmployees value flexible working more than wellbeing perks
More employees admitted that they value flexible working over wellbeing perks such as gym memberships and stress management apps, according to Investors In People. The people management and employee wellbeing accreditation organisation carried out a survey through YouGov of more than 1,000 people and 500 HR decision ...
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ArticleExclusive: Travis Perkins and Rio Tinto to discuss culture of recognition and reward at Employee Benefits Live 2024
Representatives from the British Council, Rio Tinto and Travis Perkins will present a session on the culture of recognition and reward on the second day of Employee Benefits Live 2024. The panel will take place Wednesday 9 October at 11.05am in Theatre Four and is titled: ‘Boosting ...
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ArticleOvo awarded menopause-friendly accreditation
Energy supplier Ovo has been awarded menopause-friendly accreditation in recognition of its support for employees who are going through perimenopause and the menopause. In order to achieve accreditation, which was developed by Henpicked: Menopause In The Workplace, employers are assessed on their effectiveness in the areas of ...
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ArticleABM Aviation workers at Stansted Airport accept pay rise
Around 200 workers employed by ABM Aviation at Stansted Airport have accepted a pay rise of 12.4%. The staff, who provide special assistance for the airport’s most vulnerable passengers, are members of trade union Unite. As part of the pay deal, they will also receive sick pay ...
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ArticleExclusive: 62% of staff incentivised by benefits through salary sacrifice scheme
Almost two-thirds (62%) of employees who plan to get an electric vehicle (EV) as their next car said a key incentive is the benefits available through a salary sacrifice scheme, according to new research by Tusker. The salary sacrifice car provider surveyed 5,942 UK employees for its ...
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ArticleBank of London and the Middle East launch enhanced and flexible maternity leave
Bank of London and the Middle East has launched an enhanced and flexible maternity leave benefit to provide new mothers with different options to suit their personal preferences. As part of its recognition that not all women want the same provision, the bank’s policy outlines four different ...
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ArticleBaker Tilly appoints chief people officer
Advisory, tax and assurance firm Baker Tilly has appointed Amy Ward as chief people officer to its senior leadership team as of this month. In the role, Ward will help to enhance Baker Tilly’s culture, ensuring it continues to attract and retain top talent while fostering an ...
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ArticleNissan enables staff to learn sign language to support deaf colleagues
Vehicle manufacturer Nissan has enabled its 6,000 employees at its Sunderland Plant to learn sign language to support deaf colleagues. Four employees who work at the plant’s vehicle production zone are deaf and struggled with the communication and interaction needed for the role. To combat these challenges, ...
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ArticleEHRC publishes hybrid working guidance for disabled staff
The Equality and Human Rights Commission has published guidance to highlight legal obligations and practical steps for employers to best support disabled employees with hybrid working. The guidance has been designed for small and medium sized employers to support disabled staff with reasonable adjustments and help them ...
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ArticleSocitm Advisory awarded menopause-friendly accreditation
Socitm Advisory, which provides strategic advice and solutions for digital transformation and enterprise resource planning, has been awarded menopause-friendly accreditation.In order to achieve accreditation, which was set up by Henpicked: Menopause In The Workplace, employers must demonstrate their effectiveness in culture, policies and practices, training, engagement, and working environment.As a ...
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ArticleThe top 10 most read articles between 30 August - 5 September 2024
The top 10 most read articles between 30 August - 5 September 2024 on employeebenefits.co.uk were: Government rolls out health check programme to workplaces Zellis Group to acquire Benify from Vitruvian Partners Coventry Building Society and Unum named Best Places to Work in Financial Services NHS ...
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ArticleMotability Operations' staff experience beekeeping in wellbeing initiative
Something for the weekend: Employees at Motability Operations, based in Edinburgh, created a buzz during their lunch hour by taking part in a beekeeping experience through a new wellbeing initiative. The organisation, which employs 200 employees, runs the Motability Scheme for more than 80,000 disabled people in ...
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ArticlePolice Now receives Great Place to Work certification
Police Now has received Great Place to Work certification as part of its commitment to ensuring the wellbeing of its more than 100 employees is a top organisational priority. Police Now recruits, trains and supports individuals to become leaders in society and on the policing frontline. Great ...
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ArticleScottish Environment Protection Agency introduces domestic abuse and gender-based violence policy
The Scottish Environment Protection Agency (SEPA) has implemented a new domestic abuse and gender-based violence policy aimed at fostering a safe, inclusive and supportive workplace for all of its employees. As part of its zero-tolerance approach to any form of violence and discrimination, the policy was designed ...
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ArticleAmazon raises minimum pay rates in UK by 10%
Credit: Sundry Photography / Shutterstock.comRetail giant Amazon has awarded a pay deal worth nearly 10% to its tens of thousands of UK employees, just weeks after narrowly winning a union recognition vote at a key facility.The online business said the rise would raise minimum pay rates for warehouse staff and ...