All Article articles – Page 221
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ArticleJames Kinney joins Ogilvy as chief people office
Ad agency, Ogilvy, has appointed James Kinney as its global chief diversity, equity & inclusion officer and chief people officer. Despite being based in North America, his new role will see him oversee all aspects of talent management, recruitment, learning & development, and wellbeing, and will see him partner with ...
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ArticleAviva offers employees wellbeing day off
Insurer Aviva is giving all of its 16,000 UK employees an extra day off this year to help boost their wellbeing.Employees will be able to use the extra day of leave as they wish and it can be taken at any point during the year, on top of their usual ...
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ArticleEmployers more confident about offering pay rises
Growing numbers of employers are feeling more confident about offering pay rises, according to research by Morgan McKinley.The study found that nearly half (49%) of employers surveyed are optimistic about awarding pay increases this year, with 53% expecting their organisation’s activity levels to rise to allow for it.The research revealed ...
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ArticleTypical pay awards could fall to 1%
Annual pay awards have steadied at a median of 2% in the three months to the end of December 2020 and are unchanged for the third consecutive rolling quarter, but early indications suggest pay settlements in 2021 could be half as much.Whole-year data shows the extent to which pay awards ...
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ArticleEmployees urged to report forced unpaid leave for home working
City workers are being urged to confront the emerging practice of being threatened with unpaid leave for refusing to travel to the office during the national lockdown.The City of London Corporation is calling on staff in the Square Mile to send it an anonymous complaint if they feel bosses are ...
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Article
One in five would have raided their pension pot by now
As increasing numbers of furloughed or out of work individuals are forced to dip into their savings, the impact this is having on pensions savings is now being revealed.According to research by Scottish Widows, fewer people are now putting money aside for pensions (22%) than they are for keeping it ...
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Article
Distell International launches ‘DistWell’ staff wellbeing programme
Multinational wines and spirits giant Distell International, which owns UK Scotch whisky company Burn Stewart Distillers, has introduced its first wellbeing programme for 5,000+ employees.Called ‘DistWell’, the initiative comprises a range of activities nominated by the organisation’s DistWell Champions Group.The group meets monthly and encourages staff from across the business ...
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ArticlePhoenix Group introduces five more days of emergency leave
Long-term savings and retirement business Phoenix Group is providing five more paid leave days for working carers to help them cope with the third national lockdown.Sara Thompson, group HR director, said: “Last year we provided colleagues with similar access to five days' emergency paid leave to help them during the ...
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ArticleFurlough forces millions to delay retirement plans
Millions of workers face delayed retirement due to being put on furlough and its impact on pay, according to a study by investment firm Fidelity International.The research found that nearly four-in-10 workers surveyed (38%), have said they will have to put back their retirement date by around two-and-a-half years.According to ...
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ArticleAldi boosts pay above Living Wage Foundation levels
Supermarket giant Aldi is rewarding staff for their hard work during 2020 by giving all of its 30,000 employees pay rises from 1 February.London-based staff who work inside the M25 will see their pay increase from £10.90 per hour to £11.07 per hour, while those outside the capital will all ...
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ArticleApple executive bonuses to link to social responsibility
Technology giant Apple has become the latest corporate to announce it will soon begin rewarding senior executives according to how well they meet environmental and social governance (ESG) goals.For the first time, executives will have their cash bonuses modified and linked to ESG targets. Bonuses paid out could be impacted ...
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ArticleRoyal College of Midwives research: NHS workers need ‘decent pay’ to feel valued
Separate polls of NHS workers and those belonging to the Royal College of Midwives (RCM) have both found that urgent pay increases are needed for staff to feel recognised and to prevent them from quitting their jobs altogether.According to research by the RCM – which forms part of its evidence ...
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ArticleGreene King relaunches employee support fund
Pub chain Greene King has announced plans to relaunch its Covid-19 (Coronavirus) Emergency Support Fund, which is designed to give hard-pressed team members financial assistance.The fund, which was initially in place between from March-June last year, helped distribute £650,000 in grants to employees. The grants enabled financially-pressed workers to access ...
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ArticleEmployment tribunal rejects Ryanair’s case for removing striking pilots' benefits
Low-cost airline Ryanair has had its defence for removing benefits from 29 striking pilots thrown out by the Employment Tribunal.The pilots, with the help of The British Airline Pilots Association (BALPA), brought action against the employer after claiming that had their travel benefits removed in ‘retaliation’ for striking during the ...
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ArticleMoneypenny and Chiswick Park banish ‘Blue Monday’
To help banish today's ‘Blue Monday’ – the date widely regarded as the most depressing day of the year – employers across the country are promoting wellbeing initiatives designed to help staff beat start-of-year anxieties.Outsourced receptionist firm Moneypenny (pictured) has exclusively revealed it has introduced the Calm meditation app on ...
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ArticleUnions promise to fight working week and holiday pay ‘dilutions’
Trade unions have vowed to vigorously oppose any so-called ‘deregulatory measures’ impacting the working week and rules for calculating holiday pay that are reportedly being considered by the government as part of its post-Brexit plans.According to reports, the Department for Business is now actively preparing measures that include scrapping the ...
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ArticleMarie Curie completes £30 million bulk annuity transaction
Marie Curie has completed a £30 million bulk annuity pensions transaction with Legal and General Assurance Society.The transaction agreed in January 2021 secures the benefits of more than 300 retries and deferred pensioners.Aon advised the trustees on the transaction, while Capita supported them as administrators of the scheme. Legal advice ...
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ArticleKavitha Sivasubramaniam: Preparing for future challenges
As our Future of Work Week, in association with Aon, draws to a close, it is time to reflect on some of the trends and issues currently shaping employers’ strategies in this area.Ensuring benefits provisions are fit for the future has long been on the agenda for many employers. However, ...
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ArticleHarperCollins reports 15.3% mean gender pay gap
Publishing organisation HarperCollins has reported a mean gender pay gap of 15.3% for average hourly pay as at April 2020.The organisation, which currently has more than 500 employees in the UK, disclosed its data in line with the government’s gender pay gap regulations.The reporting rules require employers with 250 or ...
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ArticleLinklaters reports 20.7% mean gender and 10.8% ethnicity pay gaps
Global law firm Linklaters has reported a 20.7% mean gender pay gap among more than 5,000 employees, as at April 2020. It has also voluntarily chosen to disclose its ethnicity pay gap data, finding a 10.8% mean difference.Due to the Covid-19 (Coronavirus) pandemic, gender pay gap reporting regulations have been ...