All Article articles – Page 212
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ArticleYounger women face £100,000 gender pensions gap
A new report from Scottish Widows has revealed that younger women face a six-figure gender pensions gap.The company’s findings, published to coincide with International Women’s Day, showed that a female saver can expect to have £100,000 less in her retirement pot thanks to time taken out of the workplace to ...
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ArticleDeliveroo to pay drivers bonuses of up to £10,000
Fast-food delivery giant Deliveroo has announced it is setting aside a £16 million ‘thank-you’ fund to reward its most loyal riders as part of its plans to float on the London Stock Exchange later this year.The payments range from £200.00 (given to drivers who have been with the business for ...
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ArticleBrand Opus becomes employee owned
London-headquartered creative agency, Brand Opus, has announced it has transferred to employee-owned status, following it sale of founder shares to staff in the form of an employee ownership trust (EOT).As part of the deal, the agency, which consults on branding for the likes of Carling, Kraft Heinz, and Molson Coors, ...
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ArticlePoll: Almost half of staff wages cut or frozen as pandemic bites
Employee Benefits poll: A fifth of UK employers have cut staff wages as a result of the Covid-19 (Coronavirus) pandemic, with another 25% implementing pay freezes.According to the latest Employee Benefits straw poll, 20% of organisations have reduced their employees’ salaries in direct response to the impact of Coronavirus.At the ...
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ArticleGender pay gap worsened by Covid-19
Research released to coincide with International Women’s Day today (8 March) has revealed the devastating impact Covid-19 (Coronavirus) has had on gender pay gaps.According to an analysis of hiring by global search engine Adzuna, job openings for women have suffered a year-on-year fall of 40.2% compared to those for men, ...
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ArticleAveva appoints new chief people officer
Engineering and industrial software company Aveva has announced it has appointed Caoimhe Keogan as its new chief people officer.Keogan is tasked with leading the organisation's group-wide corporate social responsibility (CSR) initiative, ‘Action For Good’, as well as driving its people strategy and improving the global employee experience.Before joining Aveva, Keogan ...
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ArticleHLM Architects transitions to employee ownership trust
Camden-based HLM Architects and its subsidiary Llewelyn Davies have transferred to employee-owned status with immediate effect, following the firm's successful transition to an employee ownership trust (EOT).The business, which was last year named Architecture Practice of the Year in the Building Awards 2020, now has 100% of its shareholding held ...
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ArticleNewham Council becomes living wage employer
Newham Council in east London has been officially recognised as a London living wage employer.The accreditation – given this week by the Living Wage Foundation – means all staff will receive at least the recommended £10.85 per hour.The council was also recognised for its ‘Community Wealth Building Pledge’ which insists ...
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ArticleEmployers not prioritising financial wellbeing
Despite the launch of the Covid-19 (Coronavirus) furlough scheme almost a year ago, and the well-documented financial pressures it is causing staff, research by the Chartered Institute of Personnel and Development (CIPD) has found less than half of organisations provided support for employees to deal with this.According to the results ...
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ArticleBrand Opus becomes employee owned
London headquartered creative agency, Brand Opus, has announced it has transferred to employee-owned status, following its sale of founder shares to staff in the form of an Employee Owned Trust (EOT).As part of the deal, the agency, which consults on branding for the likes of Carling, Kraft Heinz, and Molson ...
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ArticleEXCLUSIVE: Danone to discuss how to make inclusion and belonging matter
Danone will share details of its three-pronged approach to diversity and inclusion at this month's Employee Benefits Insights 2021 event.Opening keynote speaker Putri Realita, the food company's global head of diversity and inclusion, will explore how organisations can embed this into their business agenda.The talk, to be held on 15 ...
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ArticleConfessions of a benefits manager: Candid tests online gyms
Big Bad Boss has put on weight and he’s not alone. This week, I sat in on a digital conference with the Higher Beings, our senior leadership team, and it was like staring into a box of hamsters. Big Bad Boss must have stepped on the scales, because he’s asked ...
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ArticleThe top 10 most-read articles between 25 February – 3 March 2021
The top 10 most-read stories on employeebenefits.co.uk between 25 February – 3 March 2021 were:1. Sainsbury's gives employees thank you bonus and pay rise2. Tomahawk denies abuse of furlough scheme3. How can employers cut through video-call fatigue to communicate benefits efficiently?4. Havas UK rolls out wellbeing app to 2,200 staff5. ...
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ArticlePawternity leave among the perks employees really want
Something for the weekend: Work perks have long been used by employers to inject a feel-good factor into the lives of employees and as a tool to retain top talent, but benefits such as paid pawternity leave haven't always made the cut.Now a new UK poll of 2,000 people by ...
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ArticleBig disconnect revealed in healthcare benefits provision
Research among 2,000 UK employees and HR decision-makers has revealed a big disconnect between what is expected from staff and the benefits provision they receive.Organisations claim they now believe health benefits are the most important when it comes to attracting and retaining talent as they look to grow beyond the ...
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ArticleDe Beers hires Joy Roman as new head of HR
Diamond mining and retailing giant De Beers has announced it has hired Joy Roman as its new executive head of human resources.She replaces Ann Cormack, who has held the role since 2017 and is leaving the job to “pursue new opportunities outside the business,” a statement said.Roman, who starts on ...
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ArticleHow will the Budget 2021 affect pay and benefits?
Chancellor of the Exchequer Rishi Sunak delivered his much-anticipated Budget speech to the House of Commons on Wednesday 3 March 2021. Below is a summary of the key announcements that could impact pay and benefits strategies:Income tax thresholds frozen until 2026UK furlough scheme extended until September Pensions lifetime allowance frozen ...
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ArticleHalfords repays £10.7m furlough payment
Halfords, the specialist cars parts and cycles retailer, has revealed it has repaid more than £10 million in government furlough payments, thanks to a surge in demand for bicycles during the Covid-19 (Coronavirus) pandemic.An overall sales uplift of +6.2% for the first seven weeks of 2021 means it has given ...
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ArticleSickness absence rates at record low
Employees took fewer days off because of illness last year than at any time since records began, according to the latest data from the Office for National Statistics (ONS), published 3 March.While the Covid-19 (Coronavirus) itself may have led to additional sickness absence, measures such as furlough, social distancing, shielding ...