All Article articles – Page 238
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ArticleBritish Broadcasting Corporation reports mean gender pay gap of 6.3%
The British Broadcasting Corporation (BBC) has reported a mean gender pay gap of 6.3% for average hourly pay as at April 2020.The organisation, which currently has over 20,000 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with ...
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Understanding and Flexibility - Getting Employee Benefits right for your business
Over the last couple of decades Employee Benefits has become a standard offering to virtually all businesses both large and small. Salary apart, understanding the benefits and “perks” companies offer is now one of the first questions asked of a potential employer during the recruitment process – and if these ...
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ArticleThe top 10 most read stories: 17 September – 23 September
The top 10 most read stories between 17 September and 23 September on employeebenefits.co.uk were: Golden retriever appointed chief comfort officer to support wellbeing of front-line staffKingfisher to repay government £23 million in furlough costsCo-op increases pay for 33,000 employeesThe Pensions Regulator updates Covid-19 guidance for employersEXCLUSIVE: University of Lincoln ...
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ArticleHy-Vee rolls out the red carpet to reward finest employee
Something for the weekend: US supermarket Hy-Vee recognised one of its finest employees in style, by rolling out the red carpet for one of the best customer service specialists.Hy-Vee employee Bob Richards was awarded the Hy-Vees 2020 Legendary Customer Service award for non-stop high-quality people interaction and his scanning speed.All ...
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ArticleUK government to top up wages of staff working reduced hours
The UK government is to top up the pay of employees working reduced hours in order to support staff and businesses dealing with the financial impact of the Covid-19 (Coronavirus) pandemic.The Job Support Scheme, which was announced by Rishi Sunak, Chancellor of the Exchequer, on 24 September 2020, will give ...
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ArticleWeightmans to return employees to full pay
Law firm Weightmans is to return all its employees to full pay after implementing pay cuts to manage the financial constraints of the Covid-19 (Coronavirus) pandemic.The organisation introduced business-wide temporary pay cuts for its 1,300 employees in April 2020. Staff with salaries of up to £25,000 per annum received a ...
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ArticleEXCLUSIVE: NHS Employers to discuss financial wellbeing at EB Reset 2020
EXCLUSIVE: Catriona Clark, reward programme manager at NHS Employers, will discuss how businesses can commit to financial wellbeing support for their employees at Employee Benefits Reset 2020.The strategy session titled ‘Supporting staff with financial wellbeing' will take place at 10am on Tuesday 13 October in the first ever Employee Benefits ...
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ArticlePricewaterhouseCoopers extends remote-working policy
Professional services firm PricewaterhouseCoopers (PWC) has extended its working-from-home policy for the majority of its workforce, following guidelines set by the UK government.PWC reopened its 24 offices to staff in July 2020 following the UK's initial national lockdown, offering staff the opportunity to take up a flexible remote-working policy whereby ...
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ArticleKingfisher to repay government £23 million in furlough costs
Retail organisation Kingfisher, which owns brands such as B&Q and Screwfix, is to repay £23 million it claimed from the government's Coronavirus Job Retention scheme.The organisation furloughed 50% of its 80,000 employees during March and April 2020 in order to deal with the financial implication of lockdown measures across the ...
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ArticleEXCLUSIVE: 54% of employers have made mental health a key focus
In 2020, the importance of mental wellbeing is as prevalent as ever; although slightly down on 2019, 54% stated that it was a key focus for the coming year compared to 60%that said the same last year, according to research by Employee Benefits.The Employee Benefits Healthcare research 2020, which surveyed ...
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ArticleUniversity of Exeter introduces environmental reward programme
The University of Exeter has introduced a green reward programme to engage its 5,000 employees with environmental sustainability and wellbeing across its Exeter and Falmouth campuses.The digital engagement programme, provided by sustainability and wellbeing engagement provider Jump, is aimed at motivating staff to make behavioural changes to help the university ...
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ArticlePrecision of New Hampton ordered to pay $279,505 in back wages
US manufacturing organisation Precision of New Hampton has been ordered to pay 150 employees $279,505 (£218,289) in back wages by the US Department of Labor's Wage and Hour Division (WHD).The organisation was found to have deducted breaks shorter than 20 minutes from 150 employees' pay as meal breaks. Under the ...
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ArticleIskander Fernandez: How can employers ensure applications avoid furlough fraud investigation
The instability brought about by the pandemic, resultant lockdown and recession, has provided a climate that has unfortunately fuelled fraudulent behaviour, which usually results when three components are present: opportunity, incentive and rationalisation. It is therefore unsurprising that some individuals and businesses have sought to take advantage of the scheme.There ...
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ArticleEXCLUSIVE: Special Olympics to discuss belonging at Employee Benefits Reset 2020
EXCLUSIVE: Olga Yakimakho, director, leadership and organisational development at Special Olympics International, will discuss creating a sense of belonging among a workforce at Employee Benefits Reset 2020.The strategy session titled ‘Why employee belonging is more important than ever‘ will take place at 10am on Monday 12 October in the first ...
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Article30% of employees do not know where their pension savings go
Just under one-third (30%) of employees do not know where their pension savings go, according to research by Teamspirit.Its survey of 2,000 people, also found that just 34% say they know their pension is invested in the stock market and other assets. Just over a fifth (22%) know it is ...
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ArticleVodafone, BP and HSBC recognised as top global employers for LGBT inclusion
Vodafone (pictured), Zurich, and Natwest have been named among the top global employers for lesbian, gay, bisexual and trans (LGBT) equality and inclusion by LGBT equality charity Stonewall.The list, which is compiled from submissions to Stonewall's benchmarking tool, the Global Workplace Equality Index, examines how businesses globally create an inclusive ...
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ArticleAdmiral's chief executive announces £10 million bonus payment to employees
David Stevens, chief executive of Admiral, has announced that all employees are to recieve a share of a £10 million bonus payment to mark his retirement from the business.As a thank-you to all the staff at the inusurance organisation, Stevens and his wife Heather are awarding every full-time employee with ...
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ArticleCo-op increases pay for 33,000 employees
Supermarket retailer Co-op is giving 33,000 of its employees a pay rise aligned to the real living wage, in recognition of their hard work during the Covid-19 (Coronavirus) pandemic.The organisation will pay over half of its 60,000 employees the real living wage, which will ensure that they will be paid ...
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ArticleEXCLUSIVE: University of Lincoln to discuss reinventing benefit strategies during Covid-19 at EB Reset 2020
EXCLUSIVE: Ian Hodson, head of reward at the University of Lincoln, will discuss the impact that the Covid-19 (Coronavirus) pandemic has had on benefits strategies at Employee Benefits Reset 2020.The strategy session titled ‘Aligning benefits with employees’ preferences in the new normal‘ will take place at 3.30pm on Wednesday 7 ...
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ArticleEXCLUSIVE: 72% of organisations want to be seen as a caring employer when introducing a health benefits programme
EXCLUSIVE: This year, being seen as a caring employer remains firmly at the top of the list when respondents consider what their healthcare benefits programme has been successful in achieving, according to research by Employee Benefits.The Employee Benefits Healthcare research 2020, published September 2020, which surveyed 200 HR decision-makers found ...