All Article articles – Page 209
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ArticleMerton College reveals Oxford living wage pledge
Merton College, part of the University of Oxford, has announced it has become an Oxford living wage (OLW) employer.The rate is specific to the region and set by Oxford City Council and is calculated at 95% of the London living wage. It means the college is now committed to paying ...
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ArticleOdey Asset Management loses incentives tax case
Hedge fund firm Odey Asset Management has lost its legal battle with HMRC in which it argued executives who were part of a partnership pay plan between 2011-12 and 2015-16 did not need to pay tax on their share options.The plan put 17 of its executives into a special purpose ...
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Rachael Rothman and Tracy Wray: Reducing emissions requires a united effort
In November 2020, the University of Sheffield launched its new sustainability strategy. This document commits us to achieving net-zero carbon by 2030 for on-campus activities, and 2038 when Scope 3 emissions are included.This challenge should not be underestimated. As a research-intensive university, Sheffield has large associated Scope 1 and 2 ...
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ArticleResolution Foundation finds half of staff saw real earnings slashed last year
Claims that weekly pay growth reached its highest rate for two decades in 2020 were too good to be true, according to a think-tank which has found half of all workers actually experienced a pay cut last autumn.The Resolution Foundation’s latest quarterly earnings outlook finds that compositional changes in the ...
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ArticleTUC demands coronavirus jab sick pay
The Trades Union Congress (TUC) is urging more employers to give staff paid time off if they fall unwell after having their Covid-19 (Coronavirus) jab.With more adults of working age now starting to receive their jabs, a new poll by the TUC among more than 1,000 firms found only 45% ...
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ArticlePublic sector workers paying more into pensions
A report by the National Audit Office (NAO) has revealed most pensions have become more affordable in recent years – but it has also raised concerns that pensions affordability among public sector workers is now falling behind.According to the report, employee contribution levels have increased by 16% in real terms ...
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ArticleEXCLUSIVE: BAE Systems outlines placing mental health at the centre of wellbeing strategies
Employee Benefits Insights 2021: The pandemic has thrown into sharp relief the need for robust mental health strategies, explained Claire Walsh, health, wellbeing and injury prevention manager for BAE Systems.In the closing keynote address to the Employee Benefits Insight 2021 virtual event, Walsh told delegates: “If we consider the ...
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ArticlePoll: Furlough scheme extension gets thumbs up from 55% of employers
Employee Benefits poll: More than half of employers agree with the government’s decision to extend the furlough scheme by a further five months.Also known as the Coronavirus Job Retention Scheme (CJRS), the initiative was expected to end on 30 April 2021. However, it has now been extended across the UK ...
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ArticlePoshmark hires its first chief people officer
Poshmark – the online marketplace for new and second-hand style for women - has appointed William Ingham as its first ever chief people officer.The online marketplace, which announced its initial public offering at the start of this year, recently reported a 27% increase in fourth-quarter revenue, and the new role ...
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EXCLUSIVE: BAE Systems demonstrates how to place mental health at the centre of wellbeing strategies
Employee Benefits Insights 2021: The pandemic has thrown into sharp relief the need for robust mental health strategies, Claire Walsh, health, wellbeing and injury prevention manager for BAE Systems said.In the closing keynote address to the Employee Benefits Insight 2021 event, Walsh told delegates: “If we consider the ...
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ArticleSupreme Court dismisses sleep pay claims
The Supreme Court has this morning (19 March) delivered its much-anticipated judgement on how rate of pay is calculated on so-called ‘sleep-in shifts’ – remuneration for those required to provide sleep-in cover, which is typically required in care homes.The verdict was that it dismissed the appeals from two claimants – ...
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ArticleEmployee wellbeing findings a ‘wake-up call’ for action
Joint research by YuLife and YouGov has revealed the deleterious impact on employee wellbeing and mental health from a year of lockdown.With at-home staff reporting feeling ‘always-on’ and having to juggle caring commitments, the study showed nearly a quarter of workers (22%) simply do not take any breaks at all ...
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Article45% of FTSE 100 firms use ESG to calculate pay
Research by PricewaterhouseCoopers (PWC) and London Business School has revealed environmental, social and governance (ESG) measures have reached widespread adoption in the setting of executive pay.Data from The paying well by paying for good report found the measures were now being used in approaching half (45%) of all FTSE 100 ...
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Poll: Which of the following initiatives is the top priority at your organisation this year?
[polldaddy poll=10777023]
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ArticleThe top 10 most-read articles between 11 March – 17 March 2021
The top 10 most-read stories on employeebenefits.co.uk between 11 March – 17 March 2021 were: Aldi on the hunt for cracking Easter egg tastersWorkers 'desperate' for wellbeing supportOgilvy boosts menopause supportLucy Dunbar: How will the pensions lifetime allowance freeze affect staff retirement plans?EXCLUSIVE: TSB takes a pro-active approach to employee ...
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ArticleTime to send employees to sleep?
Something for the weekend: The arrival of World Sleep Day today (19 March) cannot have come too soon for many of us, as the nation struggles with lockdown lack of sleep thanks to the stress of Covid-19 (Coronavirus), remote working and a lack of routine.Now new research by sleep experts ...
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ArticleEXCLUSIVE: BT discusses what reward will look like in a post-Covid world
Employee Benefits Insights 2021: Megan O’Shaughnessy, head of reward at BT, detailed the "growing importance of flexible reward strategies post-Covid" at the online event.O’Shaughnessy acknowledged that many organisations may not be in a position to offer traditional reward levers such as pay rises, bonuses or long-term incentive plans as a ...
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ArticleKavitha’s keynote: Taking time out to boost morale
As we reported earlier this week, managed transport and accommodation group CMAC will be hosting a number of employee wellbeing events as part of its ‘Time Out Week’ from Monday (22 March) to boost morale among its workforce.By offering sessions including virtual yoga, cocktail-making classes and online learning, the organisation ...
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ArticleGroup life insurance pays out £93m in employee-related Covid claims
New data has revealed the extent to which group life insurers have paid out claims related to the deaths of employees due to Covid-19 (Coronavirus).According to figures released by Group Risk Development (Grid) for the year to 31 December 2020, payouts were given to the dependents of 891 employees with ...
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ArticleEXCLUSIVE: Shortcut AS highlights the importance of human communication
Employee Benefits Insights 2021: Astrid Sundberg, chief HR officer and mobile app developer at Shortcut AS, discussed 'How to connect with employees during difficult times' during her presentation at the virtual event.In her address yesterday (17 March), Sundberg spoke about the importance of written communication, messenger tools, people analytics software ...