All Article articles – Page 340
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ArticleFinancial problems affect mental wellbeing of 55% of SME senior managers
Financial problems have had a negative impact on the mental wellbeing of over half (55%) of senior managers in small to medium enterprises (SMEs), according to research on behalf of merchant banking organisation Close Brothers Invoice Finance.A GMI survey of 900 SME owners and business managers across the UK and ...
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ArticleNearly half of UK employees have searched for new job due to work stress
Almost half (46%) of UK workers say they have searched for a new job because of work stress, according to research by project management software organisation Wrike.The report, The stress epidemic: employees are looking for a way out, polled 1,600 employees and found that more than two-fifths (42%) of UK ...
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ArticleOver 40% cite health and wellbeing as key advantage of offering eye care
More than two-fifths (42%) of employers believe the biggest advantage of offering eye care to employees is improved health and wellbeing due to early detection of illnesses through eye examinations, according to research commissioned by Specsavers Corporate Eyecare.The survey of 507 HR decision makers, conducted by Opinium in July 2018, ...
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ArticleLidl increases entry-level pay in line with voluntary living wage rates
Supermarket chain Lidl will increase the wages of more than 17,000 of its employees from 1 March next year, in line with the new rates for the voluntary living wage, announced this week.Entry-level pay for Lidl staff will increase from £8.75 to £9.00 per hour outside of London, and from ...
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ArticleAmazon increases pay to $15 an hour for 250,000 US employees
Online retailer Amazon has increased its minimum rate of pay to $15 (£11.52) an hour for 250,000 US employees and 100,000 seasonal staff who will be hired in the run up to Christmas.The pay increase, effective from 1 November 2018, will benefit US-based full-time, part-time and seasonal employees at Amazon, ...
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ArticleA quarter believe their organisations do not help them manage stress in the workplace
Around a quarter (26%) of respondents feel that their organisation does not help them to manage stress in the workplace, with 36% stating that they have had ongoing workplace stress for the past five years, according to research by Peldon Rose and The Stress Management Society.The survey of 950 UK-based ...
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ArticleFTSE 350 defined benefit pension deficit reaches £36bn
The accounting deficit for defined benefit (DB) pension schemes at the UK’s top 350 organisations is £36 billion as at October 2018, resulting in the largest deficit since October 2017, according to research by Mercer.Its Pension risk survey, which analyses the pension deficit calculated using the approach FTSE 350 organisations ...
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ArticleSouthwark Council signs Time to Change pledge to support mental wellbeing of 4,500 staff
Southwark Council has signed the Time to Change employer pledge to help support the mental health of its 4,500 employees.The Time to Change pledge, which the Council formally signed on Tuesday 30 October 2018, demonstrates the commitment to change how it thinks and acts about mental health in the workplace, ...
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ArticleSavers access £21.7 billion through pension freedoms
Retirement savers have accessed approximately £21.7 billion through pension freedoms since reforms were introduced in April 2015, according to data from HM Revenue and Customs (HMRC).The Flexible payments from pensions: November 2018 report also found that the number of individuals who have received flexible payments from their pensions between the ...
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ArticleVoluntary living wage rate increases to £9.00 an hour for UK staff
The voluntary living wage rate has increased by 25p per hour, rising from £8.75 to £9.00 an hour for employees working across the UK, as announced by the Living Wage Foundation today (Monday 5 November 2018).The London living wage rate, paid voluntarily by employers accredited by the Living Wage Foundation ...
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ArticleKavitha Sivasubramaniam: Adopting a holistic approach to emotional wellbeing
As our Emotional Wellbeing Week, in association with Aon Employee Benefits, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.Research has revealed that as many as 526,000 employees in the UK experienced stress, depression or ...
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ArticleHalf do not know how much is in their pension
Around half (49%) of respondents do not know how much is in their pension pot, according to research by price comparison website MoneySuperMarket.Its survey of 1,000 adults also found that 26% of respondents do not have a personal pension and 67% do not have life insurance; in addition, only 18% ...
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ArticlePrimadell accountant fined £6,857.50 for pensions auto-enrolment non-compliance
An accountant working on behalf of Primadell, the organisation that runs Gran Caffe Londra in Knightsbridge, has been ordered to pay £6,857.50 after pleading guilty to falsely informing The Pensions Regulator (TPR) that employees had been automatically enrolled into a workplace pension scheme.In October 2015, Gran Caffe Londra missed its ...
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ArticleYorkshire Building Society recognised for mental health best practice
Rhondda Housing Association and Yorkshire Building Society (pictured) are among the organisations recognised at the inaugural Not a Red Card Awards for implementing best practice around addressing mental health in the workplace.The event, organised by insurer Legal and General, aims to celebrate and recognise businesses and individuals that have tackled ...
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ArticleITN hires Robertson
News and television production organisation ITN has appointed Tim Robertson as head of reward.Robertson, who has experience in the health and financial industries, specialises in designing incentive programmes, union negotiations and benefit plan management.He previously spent over five years at Novartis, where he joined as head of reward in June ...
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ArticleBotanist Trinity restaurant in Leeds seeks Yorkshire pudding taster
Something for the weekend: A restaurant in Leeds is looking to recruit a Yorkshire pudding taster to perfect its Sunday roast offering.Sebastian, the head chef of the Botanist Trinity in Granary Wharf has placed an advert on community platform Airtasker, offering £250 to a Yorkshire pudding lover who agrees to ...
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ArticleKavitha’s keynote: Benefits and the Autumn Budget 2018
Chancellor Philip Hammond delivered the Autumn Budget 2018 on Monday, 29 October, but there was not a great deal in it affecting employee benefits and reward, despite much speculation about what might be announced regarding pensions.What was welcomed by the pensions industry was the revelation that the government will provide ...
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ArticleThe top 10 most read stories: 25-31 October 2018
The top 10 most read stories on www.employeebenefits.co.uk between 25 and 31 October 2018 were: National living wage to increase to £8.21 an hour from April 2019Government to increase tax-free personal allowance to £12,500Lloyds Banking Group ordered to equalise pensions for men and womenOff-payroll working reforms to be extended to ...
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ArticleFlexibility is the key to workplace happiness for 33% of employees
Other than salary, flexible working is the most important factor contributing to the workplace happiness of UK employees, according to research conducted by recruitment organisation Badenoch and Clark.The report, Multi-generational workforce, concerns a survey of 1,564 UK employees by Opinion Matters in March and April 2018. A third of these ...
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ArticleOne third admit that retirement is not part of current financial planning
Nearly half (46%) of working people in the UK say their biggest fear for the future is not having enough money in retirement, but almost a third (30%) admit retirement is not part of their current financial planning, according to research by Punter Southall Aspire.The survey of over 2,000 workers ...