All Article articles – Page 225
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ArticleVirgin Atlantic appoints Estelle Hollingsworth as chief people officer
International airline Virgin Atlantic has appointed Estelle Hollingsworth as chief people officer.In this role, Estelle will be responsible for supporting employees to thrive at work and creating an inclusive experience for all.She previously served as a vice president at the airline, where she was responsible for talent, leadership development, and ...
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ArticleHootsuite appoints Tara Ataya chief people and diversity officer
Social media management platform Hootsuite has appointed Tara Ataya chief people and diversity officer.Ataya will elevate the organisation's focus on employee experience as Hootsuite grows. She will also aim to formalise Hootsuite's commitment to diversity, equality and inclusion.She previously served as Hootsuite's vice president, people, and has worked in people ...
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ArticleAwin to introduce four-day working week
Global affiliate network Awin is to introduce a four-day week for over 1,000 employees worldwide to support the wellbeing and productivity.Following a six-month pilot during which employees worked four and a half days per week, from early 2021, the organisation will move its entire workforce to a four-day working week. ...
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ArticleSainsbury's reports 9.7% mean gender and 0.4% ethnicity pay gaps
Retailer Sainsbury's has reported a 9.7% mean gender pay gap, as at April 2020. It has also voluntarily chosen to report its ethnicity pay gap data for the first time, reporting a 0.4% mean difference.Due to the Covid-19 (Coronavirus) pandemic, gender pay gap reporting regulations have been suspended for the ...
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Article86% changing approach to health and wellbeing due to Covid-19
More than four-fifths (86%) of employers are changing their approach to employee health and wellbeing due to the Covid-19 (Coronavirus) pandemic, according to research by Unum.Its Employee benefits and the value of help research, which surveyed 350 UK employers and 1,000 employees, found that the vast majority (95%) of employers ...
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ArticleMaintenance staff at Norfolk and Norwich University Hospital to receive 4.5% pay increase
Outsourced maintenance staff, incuding electricians and plumbers, at Norfolk and Norwich University Hospital have accepted a new pay deal for 2020-21.The deal, which follows negotiations with trade unions Unite and outsourcing employer Serco, will see 50 employees receive a 4.5% pay increase.The pay rise, backdated to 1 April 2020, will ...
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ArticleEXCLUSIVE: 44% of employers support staff at retirement
Just over two-fifths (44%) of respondents to this year’s research stated that their organisation supports staff at an employee's retirement life stage according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers found that this is compared to the 46% of respondents that ...
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ArticleNorthern Gas Networks completes £385 million pensions buy-in transaction
Gas distributor Northern Gas Networks (NGN) has completed a £385 million pensions buy-in transaction with Legal and General.The arrangement will secure the defined benefit (DB) pension benefits of 600 retired members of the Northern Gas Networks Pension Scheme, removing their investment and longevity risks from the scheme. Members will not ...
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ArticleLloyds Banking Group reports 6.8% mean ethnicity pay gap
Lloyds Banking Group has reported a mean ethnicity pay gap for black, Asian and minority ethnic (BAME) employees of 6.8%, while the BAME bonus gap was 26.3%.The mean pay gap and bonus gap was widest for black employees at the high street lender, at 16.7% and 52.9% respectively.Asian employees still ...
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ArticleAsda to reward front-line staff with 100% bonus and Boxing Day paid leave
Asda is to give front-line staff an additional day’s paid leave and reward them with 100% of their bonus entitlement for 2020.The retailer will close all stores on Boxing Day in order to give staff an additional day’s break over the Christmas period when Covid-19 restrictions on family gatherings will ...
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ArticleEXCLUSIVE: 35% of organisations provide financial education to all employees
Just over a third (35%) of organisations provide financial education for all employees, a two percentage point drop year on year, according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers, found that although it has decreased slightly, this figure is still much ...
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ArticleWeetabix Food Company reduces median gender pay gap to 4.4%
Weetabix Food Company, which also produces the Alpen and Ready Brek brands, has made further progress in reducing its gender pay gap, closing the median gap to 4.4% as at April 2020, down from 6.6% the previous year.The organisation also reported a mean gender pay gap of 2.46% as at ...
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ArticleConfessions of a benefits manager: Candid helps with bonus allocation
This week, I am having another little foray into the frisky world of compensation. Everyone in HR has been enlisted to help managers plan year-end bonuses for their teams. They should not need any help. We have an app for that. The app tells them who in their team is ...
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ArticleToy Story's Woody awarded employee of the month
Something for the Weekend: Employees at home improvement retailer Home Depot’s branch in Plaistow, New Hampshire, recently found themselves competing for its employee of the month award with an unlikely new colleague.Cowboy Woody, better known for his Toy Story fame, was recruited to the store’s team after he was found ...
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ArticleThe top 10 most-read articles between 3-9 December 2020
The top 10 most-read stories on employeebenefits.co.uk between 3-9 December 2020 were: UK private sector pay predicted to increase by 2.4% in 2021.The Royal Household looks to recruit experienced personal assistant.Nationwide Building Society reports 28.3% mean gender and 16.2% ethnicity pay gaps.EXCLUSIVE: 57% concerned about staff not having enough pension ...
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ArticleJust Eat to offer couriers hourly pay and benefits
Food delivery company Just Eat is to offer couriers pay by the hour rather than per job in a boost to gig economy workers.The move will mean its workers will earn at least the national minimum wage, increasing the security of their income.Starting in London but with the rest of ...
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ArticleCouncil agency workers awarded back pay after being paid less than employees
Forty agency workers who collect waste for Sandwell Metropolitan Borough Council in the West Midlands will receive thousands of pounds in back pay after they argued they should have been paid equally to employees.The affected staff, who were employed by council-owned employment agency Templink and engaged by Serco on the ...
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Article78% of employers will change ESG use in executive pay strategies
Nearly four-fifths (78%) of employer plan to change the way they use environmental, social and governance (ESG) measures in their executive incentive strategies, according to research by Willis Towers Watson.Its 2020 ESG survey of board members and senior executives, which was conducted in 168 organisations throughout Europe, North America, Asia, ...
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ArticleHomestyle Pension Company completes £103m bulk annuity buy-in transaction
Homestyle Pension Company has completed a £103 million bulk purchase annuity transaction with Aviva.The arrangement will insure the defined benefit (DB) pension liabilities of all 1,294 members of the Homestyle 2007 pension scheme, removing their investment and longevity risks from the scheme. Members will not see any change in the ...
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ArticleEXCLUSIVE: 39% of organisations offer a group personal pension plan
The most common primary pension scheme offered by employers is a group personal pension (GPP), as offered by more than a third (39%) of respondents, according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers found that a GPP has held the top ...