All Article articles – Page 177
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65% of firms predict financial wellbeing challenge
New research has found that two-thirds (65%) of HR decision makers predicted financial wellbeing will become the next big employee challenge.Pensions organisation Scottish Widows, which surveyed more than 500 HR leaders from UK businesses, revealed that monetary concerns during the Covid-19 (Coronavirus) pandemic have led to almost half of workers ...
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EXCLUSIVE: Microsoft to speak at Employee Benefits Live
EXCLUSIVE: Tim Robertson, Europe, Middle East and Africa compensation and benefits lead for Microsoft, will be participating in a panel talk about HR and benefits strategies on Thursday 7 October at Employee Benefits Live 2021.The discussion, titled ‘Reimagining the future of work and benefits’, will focus on strategising the future ...
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Weetabix engineers strike over pay
Weetabix engineers have begun industrial action over changes to their pay that could result in them being up to £5,000 per year worse off.Picket lines were in place at factories in Burton Latimer and Corby in Northamptonshire this morning (21 September) at the start of a 48-hour strike by members ...
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Fragomen implements global hybrid working model
Immigration services provider Fragomen has introduced a hybrid working model in order to provide flexibility and choice to its 4,500 strong global workforce.The policy was been put into place earlier this month by all of its 55 offices around the world, which includes 486 members of staff based in the ...
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41% of staff are not confident discussing health issues
Almost half (41%) of UK employees would not talk to their employer if they had a health issue, according to new research.Healthcare provider Benenden Health’s survey of 2,000 employees and 500 business owners revealed the most common ailments not disclosed are poor mental health, high blood pressure and arthritis.Almost a ...
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UK businesses to up mental health budget by 18%
New research has revealed that UK business leaders are predicted to increase their investment in employee mental health and wellbeing by 18% during the next year, one of the highest rates across the world.According to Bupa Global’s Executive wellbeing index 2021, which surveyed 1,263 high net worth employees and senior ...
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Activision Blizzard recruits chief people officer
American video game holding company Activision Blizzard has hired Julie Hodges as chief people officer as part of a wider strategy to build a more inclusive workplace.Her appointment, which becomes effective from today (21 September), comes just two months after the company was served with a lawsuit from the California ...
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Belmont Packaging switches to four-day working week
Plain and printed corrugated cardboard business Belmont Packaging, based in Wigan, UK, has announced it has moved to a four-day working week after a successful trial with its 31 employees.Along with its e-commerce sister business, Boxed-Up, it began the trial in the manufacturing department in late 2019 in order to ...
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47% of staff do not know how to plan for retirement
Nearly half (47%) of employees do not have the knowledge to plan for their retirement, according to new research from Aviva.The study found that 28% feel secure regarding how to manage their pension and 27% are confident they know what a good amount to have in their pension is for ...
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AAT publishes first ethnicity pay gap report
The Association of Accounting Technicians (AAT) has published its first ever ethnicity pay data report, revealing a slight increase in the pay gap and a fall in the number of ethnic minority staff in top jobs.AAT’s combined ethnicity pay data for 2020 and 2021, published alongside its latest gender pay ...
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Emcor UK hires new head of EDI
Facilities management business Emcor UK has appointed Marcia Ore as its head of equality, diversity and inclusion.Ore, who started in the role on 13 September, has joined the executive leadership team and will report to CEO Keith Chanter as well as Dylan Wickenden, executive director of human resources. She is ...
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EXCLUSIVE: 51% of SMEs lag behind on diversity
More than half (51%) of small and medium-sized enterprise (SME) directors and managers believe their organisation still has significant work to do to improve diversity and inclusion (D&I), according to the latest research by recommendation engine GetApp.The survey of 1,000 SME managers and directors revealed that while 70% of respondents ...
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John Laing completes £320 million bulk annuity deal
Infrastructure business John Laing Group has completed a £320 million bulk annuity deal for its pension fund members.According to the business, this is the second buy-in transaction with Aviva, following a £211 million transaction in December 2008, and will insure the defined benefit pension liabilities for 1,850 current pensioners. Fund ...
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Itsu boosts staff pay to £10.40 an hour
Asian restaurant and grocery chain Itsu has announced all in-store workers paid weekly will get an 11% wage increase from today (17 September).The rise will be effective from 1 October for those paid monthly and will see entry-level pay go up to a minimum £10.40 per hour for 1,000 employees ...
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Toyota staff grow their own lunch
Something for the weekend: Unhappy with the canteen food at your workplace? Then why not follow the example of Toyota staff and grow your own while enjoying some peas and quiet?Employees at the car manufacturer’s headquarters in Epsom, Surrey are creating an allotment on site, recycling and re-using old tyres, ...
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EXCLUSIVE: Financial wellbeing at Employee Benefits Live 2021
EXCLUSIVE: Natalie Jutla, employee value proposition and employee benefits lead for the Department for Environment, Food and Rural Affairs (Defra), will be giving a presentation about financial wellbeing on Thursday 7 October at Employee Benefits Live 2021.The session titled ‘Developing effective financial wellbeing schemes’ will be taking place on the ...
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Male staff twice as likely to ask for pay rise
New research has found that twice as many male professionals are likely to ask for a pay rise than their female counterparts.In its latest whitepaper, Cendex, part of XpertHR, discovered that 23% of men are likely to request a wage increase compared with just 11% of women, raising the potential ...
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The top 10 most-read articles between 10 September - 16 September 2021
The top 10 most-read stories on employeebenefits.co.uk between 10 September – 16 September 2021 were: Morrisons to slash sick pay for unvaccinated workersHow has the pandemic changed the shape of Christmas incentives and rewards?The Botanist offers £500 to test roast spuds71a gives staff pay rise after national insurance hikeGender pay ...
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Kavitha’s keynote: Pensions awareness is a work in progress
This year’s Pensions Awareness Day took place on 15 September, with an aim of highlighting the importance of saving for retirement.Research carried out by HR and payroll services provider MHR, to tie in with the day, however, found that as many as one in four employees have no pension at ...
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PWC working class staff receive 12.1% less pay
PWC has revealed in its 2021 diversity report that its staff from a working class background, including partners, typically received 12.1% less pay than other colleagues.This is the first time the accounting firm's diversity report has published comprehensive pay gap data on socio-economic background and disability. The report also looks ...