All Article articles – Page 227
-
ArticleScottish Power introduced communications strategy to engage employees with pensions
Energy organisation Scottish Power launched a pensions communications strategy for its 6,000 employees to increase awareness and promote the importance of pension savings. The organisation partnered with Nudge Global in October 2020 to form a communications strategy around financial education and pensions that ensures employees fully consider their retirement plans.The ...
-
ArticleJust 12% of organisations currently measure gender pensions gap
Just over one in 10 (12%) of organisations proactively measure their gender pensions gap, according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers, found that while many organisations are proactively working towards closing the much-publicised gender pay gap, the proportion that say ...
-
ArticleBurges Salmon to repay government for cost of job retention scheme
Image credit: Burges SalmonLaw firm Burges Salmon is torepay in fullthemoney it received under the government’s Coronvirus Job Retention Scheme.In April 2020, the organisation furloughed 42 employees due to the Covid -19 (Coronavirus) pandemic. The roles impacted were those in service teams, such as front-of-house staff, travel co-ordinators, and personal ...
-
ArticleUnilever to trial four-day working week in New Zealand
Unilever is to begin a year-long trial of a four-day week at its offices in New Zealand with the aim of changing the way work is done, not increasing the hours worked over four days.From 7 December, 81 employees at the consumer goods organisation, which owns brands such as as ...
-
ArticleBenefex acquires Capita's employee benefits business
Online benefits platform provider Benefex has acquired Capita's employee benefits division.The acquisition includes Capita's health, risk, global, defined contribution (DC) pensions, and flexible benefits consulting, as well as its Orbit benefits platform.Following the acquisition, more than 100 employer clients will be transferred to Benefex. More than 450 small and medium-sixed ...
-
Article
University College Hospital London extends discounts scheme to bank staff
University College Hospital London (UCLH) has extended its discount scheme to its 3,100 employees managed by outsourcing organisation Bank Partners.The scheme, which is provided by Xexec provides access to thousands of retail discounts stores available both online and in-store. The new portal also gives bank staff 24/7 access to a ...
-
ArticleScottish health and social care staff to receive £500 bonus
Over 300,000 health and social care staff in Scotland will receive a one-off £500 payment to reward them for their hard work during the Covid-19 (Coronavirus) pandemic.All NHS employees and adult homecare staff who have worked since 17 March 2020 will be eligible for the payment. This includes staff who ...
-
ArticlePenguin Random House reports 16% mean ethnicity pay gap
Publishing organisation Penguin Random House has reported a mean ethnicity pay gap of 16% for average hourly pay as at April 2020.The organisation published its first-ever ethnicity pay gap figures based on the 57% of employees that voluntarily disclosed their ethnicity. Unlike gender pay gap reporting, there is no legal ...
-
Article46% of staff have reappraised the value of benefits due to Covid-19
Just under half (46%) of employees say that the Covid-19 (Coronavirus) pandemic has made them reappraise the value of the benefits their employer offers when deciding to stay with or join a new employer, according to research by Maxis Global Benefits Network (Maxis GBN).Its Maxis GBN global perspectives: Covid-19 and ...
-
ArticleShell UK reports 18% mean gender and 8.5% ethnicity pay gaps
Energy and fuel organisation Shell UK has reported an 18% mean gender pay gap among 6,000 employees as at April 2020. It has also voluntarily chosen to report its ethnicity pay gap data, finding an 8.5% average difference.Due to the Covid-19 (Coronavirus) pandemic, gender pay gap reporting regulations have been ...
-
ArticleNewcastle upon Tyne Hospitals NHS Foundation Trust launches green reward scheme
Newcastle upon Tyne Hospitals NHS Foundation Trust has introduced a green reward programme to engage its 14,500 employees with environmental sustainability and wellbeing across all hospitals. The Shine Rewards programme, provided by sustainability and wellbeing engagement provider Jump, is aimed at motivating staff to make behavioural changes to help the ...
-
ArticleMarks and Spencer announces closure on Boxing Day to give employees a rest
British retailer Marks and Spencer (M&S) has announced its decision to close on Boxing Day 2020 to give its employees a rest over the festive period.The closure of its operations on 26 December is to support the wellbeing of staff and recognise their hard work during the Covid-19 (Coronavirus) pandemic.The ...
-
ArticleReagent Chemicals becomes accredited real living wage employer
Reagent Chemicals has become a real living wage employer, accredited by the Living Wage Foundation.The chemical manufacturer, which has committed to paying the real living wage to all employees, including temporary and contract staff, chose to implement the standard to aid recruitment and retention, as well as a means of ...
-
Article
ReReagent Chemicals has become a real living wage employer, accredited by the Living Wage Foundation. The chemical manufacturer, which has committed to paying the real living wage to all employees, in
Reagent Chemicals has become a real living wage employer, accredited by the Living Wage Foundation.The chemical manufacturer, which has committed to paying the real living wage to all employees, including temporary and contract staff, chose to implement the standard to aid recruitment and retention, as well as a means of ...
-
ArticleLeigh Day launches workers' rights case against Stuart for couriers
Law firm Leigh Day has launched a group legal claim against delivery firm Stuart on behalf of couriers who are seeking to be recognised as ‘workers’.Stuart, which operates in 35 areas across England and Wales, currently classes them as self-employed. If successful, the couriers could be eligible to claim back ...
-
ArticleRetail price index phase-out will impact defined benefit pension schemes
The phasing out of the retail price index (RPI) in favour of the consumer prices index plus the cost of housing (CPIH) will have a significant impact on traditional defined benefit pension schemes.In his Spending Review on 25 November, Chancellor Rishi Sunak announced that the RPI measure of inflation will ...
-
ArticleMedian pensions wealth signficantly lower among some ethnic groups
There is a stark difference in levels of pension saving between people of different ethnicities, according to data from the Office for National Statistics.Its analysis, which compared savings by ONS classifications of ethnic background, found that median private pension wealth among Bangladeshi, Chinese, Black African and ‘any other ethnic group’ ...
-
ArticleAmazon to reward front-line employees with global recognition bonus
Amazon is to pay a special holiday recognition bonus to its front-line employees globally, in order to demonstrate its appreciation for their work.All front-line staff who are employed by the organisation between 1-31 December 2020 will be eligible for the bonus, which, in the UK, will total £300 for full-time ...
-
ArticleHorseshoe Casino gifts 800 turkeys to staff
Something for the weekend: Baltimore-based entertainment organisation Horseshoe Casino has gifted every employee a free turkey ahead of the Thanksgiving holiday in the United States.To reward its employees for their hard work in dealing with uncertainty during the Covid-19 (Coronavirus) pandemic, the employer tossed 800 turkeys over to its employees.The ...
-
ArticleThe top 10 most read stories between 19 -25 November 2020
The top 10 most-read stories on www.employeebenefits.co.uk between 19 November – 25 November 2020 were: High Court rules on GMP equalisation of transfersEmployee Benefits Pensions research 2020National living wage to increase to £8.91 from April 2021Hermes UK launches mental health first aider programmeHome Bargains rewards 22,000 employees with two weeks' ...