All Article articles – Page 311
-
ArticleMarks and Spencer completes pensioner buy-in transactions equating to £1.4bn
Retail organisation Marks and Spencer has completed two pensioner buy-in transactions for its defined benefit (DB) pension scheme, totalling approximately £1.4 billion.The buy-in policies have been completed with insurance organisations Phoenix Life and the Pension Insurance Corporation (PIC) as part of the scheme’s long-term de-risking strategy. This approach aims to ...
-
ArticleThe Geo Group increases minimum wage for US-based correctional and detention officers
Correctional and community re-entry services organisation The Geo Group has increased the minimum starting wage for 7,400 correctional and detention officers working across all of its US-based facilities, with further plans to raise wages to $15 (£11.83) an hour by 2021.The organisation awarded correctional and detention officers in the US ...
-
ArticleCourt of Appeal rules that shared parental and maternity leaves are not comparable
The Court of Appeal has ruled that male employees taking shared parental leave cannot be compared to female staff on maternity leave, because new mothers are required to use their time off, in part, to recover from pregnancy and childbirth.The Court of Appeal issued its judgement on Friday 24 May ...
-
ArticleMore than half feel that fathers are treated equally to mothers in their workplace
More than half (56%) of fathers believe they are treated equally to mothers at their organisations, according to research by online community lifestyle platform Daddilife and professional services firm Deloitte.Its The millennial dad at work report, which questioned 2,002 UK fathers aged between 24 and 40 in March and April ...
-
ArticleNpower and University of Lincoln candidates shortlisted for Rising star award
Bethany Ridgewell at energy organisation Npower and Rosie Damarell at the University of Lincoln are among the candidates shortlisted in the Rising star category at this year’s Employee Benefits Awards.This accolade, which is new for 2019, recognises HR, benefits and reward professionals starting out in their careers and who are ...
-
ArticleEXCLUSIVE: Hays re-vamps benefits platform and aligns reward with new wellbeing structure
EXCLUSIVE: Recruitment organisation Hays has updated its benefits platform, introduced a new wellbeing structure to align with available benefits and launched an online employee engagement survey in order to reinvigorate and modernise its approach to benefits and reward.The business sought to update its benefits offering to reflect how the workplace ...
-
ArticleCalifornia-based cannabis organisation boosts pay and benefits for delivery drivers
Something for the weekend: California-based cannabis organisation Caliva has boosted the pay and employee benefits for its delivery drivers, offering up to $16 (£12.62) an hour and a 401K pension scheme.Caliva, which grows its own cannabis to use in a range of consumer products, available in shops or online, has ...
-
ArticleThe top 10 most read stories: 16-22 May 2019
The top 10 most read stories on www.employeebenefits.co.uk between 16 and 22 May 2019 were: European court rules that member states must measure employees' working timeJohn Lewis Partnership to close defined benefit section of workplace pension schemeBT Group adopts employee ownership model for 100,000 staffFloating bar in Caribbean Sea seeks ...
-
ArticleMedical couriers at The Doctors Laboratory strike in pay dispute
London-based medical couriers employed by pathology services provider The Doctors Laboratory (TDL) and who are members of the trade union the Independent Workers Union of Great Britain (IWGB), are undertaking two days of strike action in an ongoing pay dispute.The industrial action, which runs today (Thursday 23 May 2019) and ...
-
ArticleCredit Suisse and Google among 2019’s highest-paying UK organisations
Financial services organisation Credit Suisse, technology businesses Google and Microsoft and consultancy firm McKinsey and Company are among the top 25 highest-paying organisations in the UK, according to research by employment review website Glassdoor.Its 25 highest paying companies in the UK for 2019 report is based on UK employee salary ...
-
ArticleHyperoptic hires Gururani
Gigabit network provider Hyperoptic has hired Naleena Gururani as its new chief people officer.In her new role, Gururani will lead a team of 30 HR professionals across the organisation's UK and Belgrade offices, taking a strategic lead in designing and implementing programmes centred around organisational culture, a people-focused operating model ...
-
ArticleConnecticut to increase minimum wage to $15 an hour by 2023
The Connecticut State Senate has approved legislation to increase the state’s minimum wage from $10.10 (£7.97) an hour to $15 (£11.84) an hour by 2023.The senate approved the bill on 17 May 2019 with a vote of 21-14; the House of Representatives issued its approval of the legislation the week ...
-
ArticleGympass signs Time to Change pledge to tackle mental health discrimination
Corporate fitness provider Gympass has signed the Time to Change employer pledge to tackle the potential stigma surrounding workplace mental health and raise awareness of mental wellbeing among its 31 UK-based employees.The Time to Change employer pledge, a social movement operated by mental health charities Mind and Rethink Mental Illness, ...
-
ArticleReed Specialist Recruitment and Sunrise Senior Living shortlisted for Most motivational benefits
Employment agency Reed Specialist Recruitment and luxury care home organisation Sunrise Senior Living are among the employers that have been shortlisted in the Most motivational benefits category at the Employee Benefits Awards 2019.This award celebrates the most effective motivation or incentive strategy implemented by an employer, demonstrating clear impacts on ...
-
ArticleAshford to join TSB
Liz Ashford is to join financial services organisation TSB as its new HR director, subject to regulatory approval.Ashford, who has experience across the retail, utilities and financial services sectors, is expected to start at TSB in summer 2019. She specialises in leading change and business transformation as well as people ...
-
ArticleUS construction organisation pays $178,766 in back pay for overtime violations
Florida-based framing and drywall construction organisation Gomez Drywall Contractors has been ordered to pay $178,766 (£140,872.97) in back pay to 108 employees for violating overtime regulations.An investigation conducted by the Wage and Hour Division (WHD), part of the US Department of Labor, found that Gomez Drywall Contractors has misclassified its ...
-
ArticleEmployee Benefits shortlisted for HR and Benefits Publication of the Year 2019
Employee Benefits has been shortlisted in the HR and Benefits Publication of the Year category at the Willis Towers Watson Media Awards 2019.The winner of this category is decided by public vote among readers in the HR and benefits industry. We would be delighted to receive your vote before the ...
-
ArticleDefra pilots financial education platform for 23,800 civil service employees
The Department for Environment, Food and Rural Affairs (Defra) is piloting a new financial education platform across its 23,800 civil service employees.The new platform, called the Hub and provided by Neyber, will undergo a 12-month pilot period across Defra’s group employees; this started on 20 May 2019.The Hub offers employees ...
-
ArticlePWC Australia to pay superannuation contributions while staff are on parental leave
Global professional services firm PricewaterhouseCoopers (PWC) is to pay full superannuation contributions for up to 12 months for employees in Australia on parental leave.The new policy, applicable for the organisation’s 8,000 staff based in Australia, will see PWC make full superannuation contributions into an employee’s workplace retirement savings for up ...
-
ArticleAston Barclay launches military-inspired wellbeing programme
Independent car auction organisation Aston Barclay has launched a new military- and special forces-inspired wellbeing programme for its 350 employees, to support the mental and physical health of staff and assist long-term business goals.The Prime Evolution programme, provided by Break Point and implemented in May 2019, has been designed by ...