All Article articles – Page 242
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German government extends Covid-19 pay scheme
The German government has extended its short-term allowance scheme until the end of 2021 to further support employees during the Covid-19 (Coronavirus) pandemic.The wage scheme, known as 'short-time work' or 'Kurzarbeit' in German, set to end at the end of March 2021, however, due to the ongoing spike of Coronavirus ...
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Lawn Tennis Association becomes living wage employer
British governing body, Lawn Tennis Association (LTA), which employs 800 staff, has announced its commitment to pay all employees rates that at least match the living wage. Following this commitment, the trust has gained accreditation as a living wage employer.The living wage, which is calculated each year to meet the ...
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The top 10 most read stories: 20 August – 26 August
The top 10 most read stories between 20 August – 26 August were... Supreme Court rules that inheritance tax should not be applied to pension transferGett offers 1,000 employees a four day working weekSalesforce extends homeworking policy until July 2021Linklaters introduces long-term flexible working policy for 5,200 employeesUniversity of East ...
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Poll: Are you extending your organisation’s remote-working policy?
[polldaddy poll=10599936]
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Aspen Snowmass employees write and produce original song
Something for the weekend: Employees at skiing organisation Aspen Snowmass came together to write and produce a song during the Covid-19 (Coronavirus) pandemic.Heading up the team of musical maestros at Aspen is chief operating officer Matt Jones who is no stranger to the music industry, having worked a tour manager ...
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Dechert to give newly qualified solicitors 3% pay rise
Global law firm Dechert has increased the pay of its newly qualified solicitors in its London office, effective September 2020.Employees will receive a 3% pay rise, increasing their basic salary from £116,000 to £120,00 per year, an increase of £4,000.Dechert has taken a different approach to other law firms such ...
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Airbnb extends remote working policy until August 2021
Travel business Airbnb has extended its remote working policy until August 2021 to support the health and wellbeing of its 6,300 employees during the Covid-19 (Coronavirus) pandemic.Despite its offices reopening this month, the organisation has given its workforce the flexibility to choose whether they would like to return to the ...
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The Department for Work and Pensions publishes consultation on pension climate risk
The Department for Work and Pensions (DWP) has published a consultation, setting out proposals for larger occupational pension schemes and authorised master trusts to publish their climate risk financial disclosures.The consultation, published 26 August 2020, recommends that trustees of large occupational pension schemes must have effective governance, strategy, risk management ...
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Zofia Bajorek: What role do employers play in helping staff to lose weight or improve their health and fitness?
The government’s new obesity strategy contains a number of elements including a call to action to help people lose weight and advance the adoption of weight management practices, seemingly focusing more on future prevention rather than on measures to help those who already live with obesity. Some critics of ...
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70% of employers would pay for employees' Covid-19 tests
Seven in ten (70%) of employers are willing to pay for Covid-19 (Coronavirus) tests if an employee should request one, according to research by Huma.The survey of over 5,000 UK employees and 2,000 UK businesses, published in August 2020, also found that almost half (45%) of workplaces are ready to ...
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Commonwealth Bank increases paid leave for parents of stillbirth
Commonwealth Bank (CBA) has increased its paid parental leave for any of its 52,000 employees who suffer from a stillbirth.The bank is increasing the parental leave for primary carers to 12 weeks of paid leave, while secondary carers will have access to four.This is in addition to the flexible parental ...
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Hitachi UK completes £275 million pensions buy-in transaction
Hitachi UK has agreed to a £275 million buy-in transaction for its defined benefit (DB) pension scheme with Legal and General Assurance Society (Legal and General).This is the first transaction between Hitachi UK and Legal and General, which covers the remaining uninsured deferred members and retirees, since Hitachi's first buy-in ...
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California Court of Appeals grants Uber and Lyft extension over ruling
The California Court of Appeal has granted US ridesharing businesses Uber and Lyft an extension to classify their drivers as employees during the appeal process in its ongoing court case.On 10 August 2020, the superior court of the state of California, ruled that over 750,000 Uber drivers and over 1.4 ...
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Homeserve signs Race at Work charter to improve workplace equality
Emergency repairs and improvements organisation Homeserve has signed the Race at Work charter, committing to address the issues that ethnic minority employees face in the workplace.The race charter, which has been developed in partnership with the UK government and business outreach charity Business in the Community (BITC), has set out ...
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Linklaters introduces long-term flexible working policy for 5,200 employees
Global law firm Linklaters is introducing a new global agile working policy for its 5,200 employees.The organisation's enhanced remote working policy will allow employees to work from home 20-50% of the time, even after Coronavirus restrictions are lifted, as long as this is communicated to teams beforehand and operational roles ...
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Kennedys resumes salary increases and bonus reviews after Covid-19 delays
Global law firm Kennedys has resumed its annual global salary increase and bonus reviews, that were initially put on hold due to the financial uncertainty resulting from the Covid-19 (Coronavirus) pandemic.The delayed salary performance-based reviews, which were due to take place in May 2020 for non-lawyer employees and September 2020 ...
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British Arab Commercial Bank appoints Chris Dunford as chief people officer
British Arab Commercial Bank (BACB) has hired Chris Dunford as the new chief people officer.Before taking on this new role ar BACB, Dunford spent four months as an interim HR director for the bank. Dunford will be responsible for delivering BACB’s people strategy, seeking to improve the businesses core values, ...
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Visa uses communication to engage employees with pensions
Financial services business Visa offers a quarterly bonus scheme to its 19,000 employees based on their performance.To increase the chances of employees having a healthy retirement fund, the organisation in July 2017 allowed employees to contribute some or all of these bonus funds towards their pension savings tax-free, in comparison ...
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Reed Smith partially lifts Covid-19 pay cuts
International law firm Reed Smith is reducing the employee pay cuts it implemented in June 2020 to deal with the financial ramifications of the Covid-19 (Coronavirus) pandemic.The organisation, which has 12 offices world-wide including London, will be increasing the pay of its employees whose yearly salary before the pay decrease ...
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Damia Group launches employee ownership trust
International recruitment firm Damia Group is now 100% employee owned, following on from introducing an Employee Ownership Trust (EOT).The 15 employees at Damia Group now control 100% of the shares within the business that is headquartered in Guildford and has offices in Edinburgh and Portugal.The business established the EOT to ...