All Article articles – Page 196
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LVMH Group launches financial aid fund
The Louis Vuitton Moet Hennessey Group (LVMH) has introduced a fund to provide its workforce with emergency financial aid, as well as social and psychological support.The LVMH Heart Fund is a global assistance programme which was launched on 7 June and is available to the group’s 150,000 employees in more ...
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25% say work is bad for their physical or mental wellbeing
New research has revealed that one in four employees believe work is bad for their physical or mental wellbeing at 23% and 25% respectively, a decrease from 26% and 27% in 2020.According to the Chartered Institute of Personnel and Development (CIPD)'s annual Good Work Index, job quality in the UK ...
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16% of employees want to contribute more to their workplace pension
A total of 16% of employees plan to increase their workplace pension contributions as a result of the Covid-19 (Coronavirus) pandemic, according to findings from Close Brothers.The new report, Expecting the unexpected: a spotlight on preparing for a crisis, was compiled based on data from 2,000 UK-based staff at companies ...
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Scarlettabbott hires Laura Hutchinson as its new HR manager
Employee engagement consultancy scarlettabbott has appointed Laura Hutchinson as its new HR manager.Joining from her previous role as HR and recruitment officer at York-based charity Family Fund, Hutchinson will be supporting the whole of scarlettabbott’s consultancy across its growing York and London offices and remote working teams.According to the organisation, ...
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General Electric faces industrial action over pension reforms
UK division workers at General Electric (GE) have threatened industrial action over reforms to the company's pension schemes, following criticism from the union Unite.Back in January, the digital industrial company announced proposals to freeze the accrual of benefits for 2,800 staff across its UK businesses, as well as all current ...
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28% of employees would reduce salary for flexible working
A new study has found that more than a quarter of employees would be willing to slightly reduce their salary in order to have more flexible working conditions.Enterprise cloud applications company Workday partnered with Yonder Consulting to conduct The employee outlook: understanding employee sentiment and priorities across Europe research, where ...
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Tesco implements 2.7% hourly rate pay rise for employees
Supermarket chain Tesco has announced a 2.7% pay rise for staff who are paid by the hour, increasing their rate from £9.30 to £9.55.The new rate, that is above inflation, will apply to employees working in stores as well as those in customer fulfilment centres as part of a one-year ...
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Kingsley Napley launches pregnancy loss policy
Law firm Kingsley Napley has formalised a policy that offers paid time off work to all staff affected by pregnancy loss.All employees and partners who lose a baby by miscarriage, stillbirth, abortion, ectopic pregnancy, molar pregnancy or neonatal loss will receive 10 days’ paid leave without having to certify their ...
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25% of financial advisers unsure of employer care support
New data has revealed that a quarter of financial advisers and insurance professionals are unsure whether their employer offers support if they need to care for loved ones.In light of Carers Week taking place from 7 to 13 June, a social media poll was carried out by the Chartered Insurance ...
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Addo Food Group celebrates long service with employee awards
Pastry products producer Addo Food Group has awarded a group of its long-standing employees with a cash bonus or vouchers of their choice.The cash bonus or vouchers have been awarded as a result of 31 members of staff having worked collectively for the organisation for 630 years at its Palethorpes ...
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J&L Elevator Components becomes employee owned through trust
Elevator parts and equipment supplier J&L Elevator Components has announced its employees now have a controlling interest in the business through an employee ownership trust (EOT).This means the organisation can ensure succession planning, as well as directly rewarding the efforts and contributions of the staff, who will have continued job ...
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J&L Elevator Components becomes employee owned through trust
Elevator parts and equipment supplier J&L Elevator Components has announced its employees now have a controlling interest in the business through an employee ownership trust (EOT).This means the company can ensure succession planning, as well as directly rewarding the efforts and contributions of the staff, who will have continued job ...
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LinkedIn appoints VP of international HR business partners
LinkedIn has promoted Lisa Finnegan to the role of vice president of its international HR business partners.In her new role, Finnegan will be responsible for leading LinkedIn’s HR business partners across Europe, the Middle East and Africa (EMEA), Latin America (Latam) and Asia Pacific regions, which will now be consolidated ...
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EXCLUSIVE: Invesco completes launch of single technology benefits platform
Global investment management company Invesco has completed the introduction of a single technology platform to manage its employee benefits.The organisation's 1,800 employees across 16 European, Middle East and African (EMEA) countries are now able to use an Invesco-branded website that follows each country’s specific regulations.The benefits portal, launched in partnership ...
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46% of employees would not share data to improve wellbeing support
Nearly half (46%) of employees do not think their organisation should be able to monitor their personal health data, even if this enabled them to offer improved wellbeing support.The research carried out by Deloitte revealed that almost half (49%) of workers also believe their personal health is none of their ...
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BAM becomes living wage service provider
BAM Facilities Management, which is part of construction company BAM Construct UK, has become a Living Wage Foundation recognised service provider.BAM joins 163 companies already classed as recognised service providers, with the recognition meaning it is voluntarily paying its own employees a higher rate than the UK living wage. The ...
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NWH Group recruits new HR manager
Waste recycling company NWH Group has promoted Rhys Donaldson to the role of HR manager.Donaldson initially joined NWH Group in 2017 as a recruitment consultant, with his role rapidly expanding by 2018 to include HR responsibilities.In his new role Donaldson will be responsible for engaging with employees across the business, ...
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Running poor communication up the flag pole
Something for the weekend: For those who simply hate poor communication and receiving irritating work emails full of cliches and catchphrases, take heart - you are not alone.Recent research revealed that the email greetings most likely to make office workers cringe included “Hey sweetie”, “Hey lady”, and “Hi honey”. Well, ...
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FTSE 350 pension scheme deficits increase to £81 billion
The accounting deficit for defined benefit (DB) pension schemes at the UK’s top 350 FTSE organisations increased by £5 billion to £81 billion in May this year, up from £76 billion in April 2021.According to Mercer’s Pensions risk survey, which analysed pension scheme deficits calculated using the approach organisations have ...
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Tesco staff win equal pay battle in European Court
The European Court of Justice has ruled that thousands of former and current Tesco employees working in stores can compare their roles to staff working in distribution centres for the purpose of equal pay.A group of the supermarket giant's mostly female shop floor staff, represented by law firm Leigh Day, ...