All Article articles – Page 349
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ArticleWorkplace pension savers engage more when pot breaches £5,000
Workplace pension savers cross a boredom threshold and become more engaged with their pot once it breaches £5,000, according to research by Hargreaves Lansdown.Its The rules of engagement report, published in September 2018, reveals that 50% of Hargreaves Lansdown workplace pension members with less than £5,000 saved are engaging with ...
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ArticleEXCLUSIVE: A third of employers offer an integrated wellness strategy
EXCLUSIVE: A third (33%) of employers offer an integrated wellness strategy, incorporating physical, mental, emotional and financial wellbeing, according to research by Employee Benefits and Health Shield.The Employee Benefits/Health Shield healthcare research 2018 report was published in August and surveyed 162 respondents. It also found that the number of employers ...
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ArticleFircroft appoints Williams
Technical engineering recruitment organisation Fircroft has appointed Leonie Williams as its board director for human resources.In this newly created role, Williams will support the organisation's vision of providing best-in-class workforce solutions to the global technology engineering industries. She will also focus on delivering a common goal and organisation mission through ...
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ArticleHalf of employers believe a financial wellbeing strategy is key to employee wellbeing
Half (50%) of employer respondents view implementing a financial wellbeing strategy as key to improving employee wellbeing, according to research by Neyber.Its 2018 edition: The DNA of financial wellbeing, our borrowing needs report, which surveyed 10,000 UK employees and 580 employers, also found that 30% of employer respondents opted to ...
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ArticleCoventry Building Society gives staff three days' paid leave for family emergencies
Coventry Building Society’s 2,500 employees are being given up to three days’ additional paid leave to deal with life-changing events relating to their family or someone they care for.Under the Employee Rights Act, employees have the right to take a reasonable amount of time off to deal with family emergencies. ...
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ArticleA quarter think financial rewards impact their workplace wellbeing
A quarter (25%) of respondents think that financial rewards impact their wellbeing in the workplace, according to wellbeing charity for chartered accountants CABA.Its survey of 2,000 UK employees also found that 22% of respondents believe working hours affect their workplace wellbeing, while 15% cite organisational culture as a factor which ...
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ArticleStress-defusing therapy dog assists in the fight against PTSD
Image credit: Devon & Somerset Fire & Rescue ServiceSomething for the weekend: Devon and Somerset Fire and Rescue Service has recruited a stress-defusing therapy dog.The canine species’ reputation as man’s best friend has been further enhanced by the appointment of Digby, a four-month old Australian labradoodle, by Devon and Somerset ...
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ArticleThe top 10 most read stories: 6-12 September 2018
The top 10 most read stories on www.employeebenefits.co.uk between 6 and 12 September 2018 were: Luxury hotel chain seeks professional vacationistSaint-Gobain UK and Ireland reduces organisational health age by 3,030 yearsEXCLUSIVE: Google to focus on mental health at Employee Benefits Live 2018EU upholds that employees are entitled to 50% of ...
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ArticlePoll: 49% think disability and ethnicity reporting will aid workplace equality
Employee Benefits poll: 49% of respondents agree that mandatory disability and ethnicity reporting will help tackle potential inequality in the workplace.A straw poll of www.employeebenefits.co.uk readers, which received 49 responses, also found that 39% of readers feel legislation requiring employers to publish figures on disabled and ethnic minority employees would ...
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Poll: How does your organisation support men with caring responsibilities?
[polldaddy poll=10106388]
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ArticleBarclays Bank and RBS feature on top family-friendly employers list
Barclays Bank (pictured), Lloyds Banking Group and Royal Bank of Scotland are among the organisations featuring on the top-ten list of family-friendly employers, announced by work-life balance charity Working Families.The list of Top 30 employers for working families, which is divided into the top ten and top 11 to 30, ...
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ArticleBereaved parents given day-one right to two weeks' leave
The workplace right to paid leave for bereaved parents has been officially enshrined in law, with the Parental Leave and Pay Bill achieving Royal Assent.The new law, expected to come into force in 2020, will give all employed parents a day-one right to two weeks' leave if they lose a ...
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ArticleBritish Airways pension scheme agrees £4.4bn buy-in with Legal and General
The British Airways-sponsored Airways Pensions Scheme (APS) and Legal and General have completed a £4.4 billion pensioner bulk annuity buy-in, covering around 60% of all pensioner liabilities.Existing longevity reinsurance contracts of approximately £1.7 billion, entered into with Canada Life Reinsurance and PartnerRe, were incorporated into the buy-in arrangement.The APS is ...
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ArticleLockton hires Tay
Global professional services firm Lockton has hired Rachael Tay as its new employee benefits leader, Asia.In this role, Tay will lead a team of 40 staff across the organisation's core geographies of China, Hong Kong and Singapore. She will also join Lockton's Asia Pacific board of directors and global benefits ...
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ArticleRegular pay growth rate of 2.9% between May and July 2018 outstrips inflation
Average regular pay excluding bonuses in Great Britain increased by 2.9% between May to July 2018, up from 2.7% in the three months to June 2018, according to the latest UK labour market bulletin from the Office of National Statistics (ONS).This pay growth rate has outstripped inflation, which stood at ...
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ArticleDAS achieves nearly 90% engagement in its digital rewards programme
Picture by Clint Randall www.pixelprphotography.co.ukLegal expenses insurance organisation DAS has seen almost 90% of its 700 employees in the UK and Ireland actively log in to its RIGHT Here RIGHT Now recognition and rewards programme in the year since its launch.The digital reward solution, developed by PeopleValue, allows managers and ...
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ArticleMore than half of working men want more involvement in caring responsibilities
More than half (56%) of working men with children or other family responsibilities would prefer to be more involved as carers, according to a study commissioned by Business in the Community (BITC), in partnership with Santander UK.The Equal Lives report, carried out by Avenir Consulting and published in September 2018, ...
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ArticleTwo US-based Thai massage organisations fined $61,317 in back pay
The US Department of Labor has ordered two San Diego-based Thai massage organisations to award 17 employees a total of $61,317 (£47,192.63) after the businesses failed to pay staff the minimum wage rate or for overtime.An investigation by the US Department of Labor’s Wage and Hour Division (WHD) found that ...
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ArticleSaint-Gobain UK and Ireland reduces organisational health age by 3,030 years
Manufacturing organisation Saint-Gobain UK and Ireland has reduced its organisational health age by a total of 3,030 years between September 2013 and June 2018, thanks to the implementation of its health and wellbeing programme Fit4Work, Fit4Life.The programme, provided by Axa PPP Healthcare, was implemented in 2013 and rolled out across ...
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ArticleTalent strategy is the main focus for 82% of benefits professionals
Attracting and retaining talent is the top objective for four in five (82%) global benefits professionals, according to research by Thomsons Online Benefits.The latest Global Employee Benefits Watch, which surveys 497 benefits professionals responsible for 4,009,500 employees globally, also found that over 66% of global employers have now adopted human ...