All Article articles – Page 246
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Article72% of employees do not have access to financial education
Nearly three-quarters (72%) of employees do not have access to any form of financial education benefits, according to research by Aegon UK.The study of 2,000 employees, surveyed just before the Covid-19 (Coronavirus) pandemic in December 2019, found that 70% of employees would find general information about ways to improve their ...
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ArticleWeston Town Council to pay employees the real living wage
Weston Town Council is to pay all of its employees the minimum real living wage, in line with the Living Wage Foundation guidelines.This means that every employee aged over 18 will be paid a minimum of £9.30 an hour, estimating to cost the council £3,400 a year.The council is now ...
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ArticleMaham Azam: What is the benefit to employers of voluntarily submitting a gender pay report?
The question of pay has long been a hot topic and remains to be a taboo in the workplace. It is difficult to find an industry that has honest and candid discussions about pay discrepancies, and the engineering profession is no exception. Is it time for real change? Let us ...
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ArticleKate Ledwidge: What is the benefit to employers of voluntarily submitting a gender pay report?
In March 2020, the government announced its decision to suspend the requirement for businesses to publish their gender pay gap figures. Most people saw this as a sensible step to reduce the burden on HR teams around the country at a time of high stress in the midst of a ...
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ArticleTom Heys: What is the benefit to employers of voluntarily submitting a gender pay report?
On 24 March 2020, just 10 days before the 4 April 2020 deadline, the government announced that gender pay gap reporting obligations would be suspended. No employer would be under an obligation to report its 2019 figures.Since the suspension was announced, around 2,500 employers have subsequently gone on to publish ...
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ArticleAndrew Grace: What is the benefit to employers of voluntarily submitting a gender pay report?
When the UK government announced that there would be no enforcement of gender pay gap reporting this year, it was a disappointing moment for those who work to address inequality in this field.While the circumstances behind this decision were entirely understandable, it nevertheless offered employers the chance to skip this ...
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Article
Unmind is built on the belief that everyone has the right to a healthy mind.
Our workplace mental health platform empowers employees to proactively measure, understand, and improve their mental wellbeing, while giving managers insight into the mental health of their people, enabling them to drive cultural change.We take a whole-person approach to supporting employee wellbeing, focusing on seven key areas of life – sleep, ...
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ArticleBritish Airways introduces 20% pay cuts for 4,300 pilots
UK airline British Airways has introduced a temporary 20% pay cut for 4,300 pilots.The airline plans to slowly increase pay over a two year period by 12% and return to full pay long-term.The package also included measures such as voluntary part-time working, voluntary severance and voluntary external secondments, to reduce ...
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ArticleGovernment publishes further details of the job retention bonus
The government has published further details of the Coronavirus Job Retention Scheme (CJRS) bonus, providing more clarity on eligibility requirements.In the statement, it reconfirmed that employers will receive a one-off bonus of £1,000 for every employee who is brought back from furlough, if they remain at the business until the ...
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ArticleCountrywide Farmers completes £100 million bulk annuity transaction
Countrywide Farmers has agreed to a £100 million bulk annuity transitions for its retirement benefits scheme for 360 deferred members and 712 retirees. The scheme was first initiated in March 2018, entering a pension protection fund, negotiated with Legal and General. The successful deal enables the organisation to secure benefits ...
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ArticleEmployee Benefits Awards 2020 to take place online
The Employee Benefits Awards 2020 ceremony will take place online this year.The shortlist of finalists will be announced on 3 September 2020, followed by the live ceremony on 29 October 2020.The Employee Benefits Awards is the must-attend annual celebration that recognises the talent and innovation from the reward and benefits ...
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ArticleFurloughed employees to receive full pay if made redundant
Furloughed employees that have been made redundant will receive redundancy pay based on their full normal pay, under a new law passed on 30 July 2020.This will protect employees financially, ensuring that they will receive a full pay package upon being made redundant rather than the wages that they received ...
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ArticleGreggs will not pay staff if they need to self-isolate after returning from holiday
British bakery chain Greggs will not be paying any of its 25,000 employees if they have to self-isolate when returning from holiday.Greggs introduced a Covid-19 (Coronavirus) specific policy in April 2020, detailing that if an employee is forced by law to self-isolate for 14 days after travelling overseas, they will ...
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ArticleThe top 10 most read stories: 23 July – 29 July 2020
The most read stories on Employee Benefits from 23 July - 29 July 2020 were... KPMG to consult on pension contribution cuts44% of employees are more efficient working from homeSantander UK offers menopause support programme to 23,500 staff47% of businesses do not offer any employee benefitsVodafone completes DC pension transfer ...
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ArticleJohannesburg Stock Exchange introduces equal paid parental leave
Africa's largest stock exchange, Johannesburg Stock Exchange (JSE) is giving all working parents four months paid leave entitlement.Regardless of gender, all of JSE's 500 employees will be eligible for the benefit. The policy extends to parents who are expecting a newborn through adoption or via surrogacy, as well as natural ...
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ArticleBoris Johnson looking to hire a media spokesperson to fill his shoes
Something for the weekend: UK prime minister Boris Johnson (BoJo) is on the search for a spokesperson to fill his shoes at media briefings.The Conservative party has posted the job vacancy on its official Linkedin page, in the hope the business networking site will find them the perfect candidate to ...
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ArticleJohn Lewis hires Nikki Humphrey as people executive director
High-end department store John Lewis has appointed Nikki Humphrey as its new people executive director.Humphrey will sit on the partnership's executive team, replacing Tracey Killen, who retired from a 38-year career at the organisation.Humphrey will be responsible for developing and delivering a people strategy for John Lewis's 80,000 partners.Humphrey has ...
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ArticleBarclays, Sky and Royal Mail recognised as top employers for women
Barclays (pictured), Sky and Royal Mail are just three of the organisations that have been recognised in The Times' Top 50 Employers for Women list, compiled by the broadsheet and business community outreach charity Business in the Community (BITC).In its tenth year, the unranked alphabetical list credits organisations that have ...
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ArticleWelsh government proposes 8.4% pay rise for new teachers
The Welsh government has proposed to increase the starting salaries for new teachers by 8.4% and increase the pay of teachers by 3.7% from the main pay scale.Its proposals, which were announced on 29 July 2020, will see the starting salaries for new teachers increase to over £27,000. The Welsh ...
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ArticleHMRC to investigate businesses exploiting furlough scheme
HM Revenue and Customs (HMRC) will begin to investigate businesses that it suspects are abusing the government's Coronavirus Job Retention Scheme (CJRS).Its investigations will determine whether employers are fraudulently claiming payments under the furlough scheme while returning employees to work. This will sit alongside new legislation giving organisations a 90-day ...