All Article articles – Page 278
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The top 10 most read stories: 2-8 January 2020
The top 10 most read stories on www.employeebenefits.co.uk between 2 January and 8 January 2020 were: National living wage set to increase by 6.2% in April 202011,000 retirees to lose £70 of state pension per week from April 2020Starbucks launches mental wellbeing app for 291,000 employees globallyAmerican Golf launches points-based ...
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Greggs awards bonuses of £300 to 19,000 employees following 2019 profits
Approximately 19,000 employees at British bakery retailer Greggs are set to receive £300 bonuses at the end of January 2020, following positive results in the organisation's fourth quarter trading update.The £300 bonus will be provided to individuals who have been employed at Greggs for more than one year, while those ...
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Pensions Schemes Bill introduced to House of Lords
The Pensions Schemes Bill, originally confirmed in the Queen's Speech on 14 October 2019, and reintroduced on 19 December 2019, has been introduced to the House of Lords this week. The Commons Library Briefing, published on 7 January 2020, stated that the introduction of the Pensions Schemes Bill, which will ...
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Government launches review of changes to IR35 ahead of April 2020
On 7 January 2020, the UK government launched a review of changes to off-payroll working rules, known as IR35, aiming to address the concerns being raised by both businesses and individuals. IR35 was introduced in 2000, and require that individuals working like employees but through their own business pay similar ...
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Baringa Partners hires Ian Willets as Head of Reward
Culture award-winning management consultancy Baringa Partners has hired Iain Willetts as its new Head of Reward Willetts has previous experience in senior reward roles across the full reward function, working on a permanent and interim basis, across sectors such as Professional Services, Manufacturing, Engineering, and Technology. Prior to his appointment, ...
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Zoe Sinclair: Shared stories can open communication around mental health
Jonny Benjamin MBE unintentionally hit the headlines in 2014 when, together with the charity Rethink Mental Illness, he launched a social media campaign called ‘Find Mike’. The goal was to find the stranger who had saved him when he attempted to take his own life in 2008.On finding Mike, actually ...
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Starbucks launches mental wellbeing app for 291,000 employees globally
Coffee retailer and cafe chain organisation Starbucks has committed to breaking the stigma around mental health and supporting its 291,000-strong global workforce by launching a wellbeing app, in addition to running training courses centred around mental and emotional resilience. In Autumn 2019, the employer initially brought together 12,000 store leaders ...
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Half of British employees favour January rewards above Christmas perks
Almost half (49%) of British workers would be open to receiving a reward in January instead of Christmas, while one in five (21%) would definitely prefer this arrangement, according to research by staff incentives and reward provider, Virgin Incentives.The research, conducted in December 2019 among 2,000 British employees, also found ...
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PIB Group acquires employee benefits division of Sanlam Wealth Planning
Insurance intermediary organisation PIB Group (PIB) has reinforced its employee benefits package through the acquisition of Sanlam Wealth Planning UK's employee benefits division. Sanlam Employee Benefits will transfer and trade under the PIB brand, lead by David Skinner, managing director, employee benefits at PIB.PIB group, which has over 1,200 employees ...
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The benefits offered by Johnson and Johnson
The benefits offered by Johnson and Johnson for UK employees:PensionA defined benefit (DB) pension scheme is offered to all UK employeesHealthcare and wellbeingHealth assessments.Access to a virtual GP, including unlimited consultations, a choice of GP and repeat prescriptions with free delivery.Flu vaccinations for all employees.Group income protection.Cognitive behavioural therapy (CBT).Employee ...
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American Golf launches points-based recognition scheme for 825 employees
Europe-based golf retailer American Golf has launched a new employee reward and recognition scheme for its 825 members of staff.In December 2019, the organisation launched an e-card and points-based recognition programme, provided by Each Person, across its 99 European locations, as part of an effort to boost employee satisfaction and ...
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Highlands and Islands air traffic controllers accept 9% pay deal
Air traffic controllers, represented by trade union Prospect and working for Highlands and Islands Airports Limited (HIAL), have accepted a pay rise amounting to 9% over the period of three years, ending a long-running dispute.The new offer covers the period April 2018 to April 2021, with an additional over the ...
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Almost nine in 10 informal carers receive no support from their employer
Of the 18% of UK employees providing unpaid care for someone close to them, 88% say that they receive no support from their employer, according to research by WeMa Care.The nationally representative survey of over 2,000 employees in the UK also found that only 18% felt their workplace culture enabled ...
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Angela Matthews: How can employers address the disability pay gap?
Recent headlines about the disability pay gap have, rightly, caused alarm. A wide pay gap does not sync with employers’ increasing efforts to become disability inclusive. However, measuring the gap is not the panacea it may first appear.Many factors influence a disability pay gap. For example, the most commonly sought-after ...
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Quinn Roache: How can employers address the disability pay gap?
Research by the Trades Union Congress (TUC), Disability employment and pay gap, published in November 2019, shows that in the UK the average disability pay gap is 15.5%. This is equivalent to being paid a £1.65 less per hour, or a whopping £3,000 less per year, based on a 35-hour ...
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Jeff Dodds: How can employers address the disability pay gap?
As we begin the next decade, I want to see more businesses take responsibility and action around how they recruit and employ disabled people.It is simply not good enough that, according to the Office of National Statistics' (ONS) Quarterly labour force survey: October - December 2018, a million disabled people, ...
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Dutch hospital employees agree to 8% pay increase affecting 200,000 staff
Image credit: FNVMembers of the Dutch trade union FNV have agreed to a pay deal reached on December 2019 for 200,000 employees working in hospitals covered by the country's collective labour agreement (CLA).Employees covered by the CLA will receive a total pay increase of 8% over 27 months. In addition, ...
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11,000 retirees to lose £70 of state pension per week from April 2020
According to a Freedom of Information request made to the Department of Work and Pensions (DWP) by Steve Webb, policy director at insurance organisation Royal London, an estimated 11,000 retirees are set to face a significant cut to their state pension from April 2010.This is the result of the abolition ...
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Three-fifths note increased interest in ESG factors following 2019 policy changes
Almost three-fifths (57%) of respondents stated that, although there is an increased interest in environmental, social and governance (ESG) concerns around pension schemes following recent legislative changes, no changes have been made as of yet, according to research by the Society of Pension Professionals (SPP). In 2019, new regulations were ...
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Poll: Half of employers reward staff with Christmas parties during the festive season
Employee Benefits poll: Almost half (48%) of organisations choose to reward their employees with a Christmas party or meal during the festive period. A poll of www.employeebenefits.co.uk readers, which received 45 responses, also found that 16% do not include Christmas at all when looking to reward their staff throughout this ...