All Article articles – Page 365
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Article79% state their employer does not provide bereavement support
More than three-quarters (79%) of respondents state that their employer does not offer or provide any internal or external bereavement support upon the return to work following the death of a baby, according to research by stillbirth and neonatal death charity Sands.The survey of 2,769 respondents included 89% bereaved parents, ...
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ArticleEmployee benefits professional of the year shortlist announced
The shortlist for the coveted Employee benefits professional of the year 2018 award has been unveiled.This award recognises in-house HR and benefits professionals who have made a significant contribution to their organisation and to the industry.The full category shortlist is:Tammy Davis, group head of benefits, TP ICAP (Previously Tullett Prebon)James ...
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ArticleShop Direct completes £880m pensioner buy-in
Retailer Shop Direct has completed an £880 million pensioner buy-in transaction for the Littlewoods Pensions Scheme.The buy-in transaction, completed with Scottish Widows, passes risks associated with approximately 60% of the defined benefit (DB) scheme’s liabilities to the insurer, and provides a monthly income to the trustee in order to meet ...
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ArticleEXCLUSIVE: Octopus Group sees 15% take-up of financial coaching benefit
EXCLUSIVE: Investment organisation Octopus Group has seen 15% of its 700 UK employees take up a financial coaching benefit in the first four weeks since it launched in March 2018.The benefit, provided by Hatch, was introduced to help employees improve their financial confidence, as a poll conducted in March 2018 ...
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ArticleWalmart introduces tuition benefit for US staff
Retail organisation Walmart has launched a new tuition benefit for all US employees and eligible employee family members.The new benefit, which was implemented on 30 May 2018, has been designed as part of a broader approach to help employees succeed by facilitating easier access to a college education.The tuition benefit, ...
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ArticleTop 10 most read stories: 24-30 May 2018
The top 10 most read stories on www.employeebenefits.co.uk between 24 and 30 May 2018 were: John Lewis Partnership launches housing rental benefit for 85,500 staffEXCLUSIVE: Virgin Atlantic launches online financial education programmeSalesforce UK, Hilton and The Sovini Group named 2018's UK Best WorkplacesUber to implement paid protection benefits for 150,000 ...
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ArticleGoogle engineer builds foldable boat to get to work
Image credit: ConburstSomething for the weekend: When comparing journey times and routes for the daily commute, most employees expect to hear about packed train carriages or late-running buses. However, one New Jersey-based commuter has bolstered his wellbeing by skipping the traditional travel traps and building his own foldable boat.Tom Lutz ...
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ArticleConfessions of a benefits manager: Candid is offered DNA testing
There is something noticeably creepy about cold callers from their first sentence. Perhaps it is the way they seize upon my name and keep waving it around like a talisman. Or maybe it is the way they keep asking how I am today so that I can almost hear the ...
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ArticleEXCLUSIVE: Countrywide changes employee share scheme for 8,300 staff
EXCLUSIVE: Property organisation Countrywide has amended its employee share scheme provision to launch a new sharesave scheme (SAYE) for 8,300 eligible UK employees.The new scheme, which was implemented in April 2018, has replaced the organisation’s previous share incentive plan (SIP). It offers eligible employees a three-year sharesave plan that enables ...
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ArticleAround 400,000 construction staff to receive two-year pay deal
Approximately 400,000 construction employees who operate under the Construction Industry Joint Council (CIJC) agreement will receive a two-year pay deal, effective from Monday 25 June 2018.The pay deal, which was agreed by trade unions Unite and the GMB, will see employees receive a 3.2% pay increase as of 25 June ...
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ArticleBank of America Merrill Lynch and Deloitte shortlisted for benefits for working carers
The Bank of America Merrill Lynch and professional services firm Deloitte (pictured) are shortlisted in the Best benefits to support working carers category at the Employee Benefits Awards 2018.This award celebrates employers that have effectively implemented benefits and strategies to support carers in the workplace.The full shortlist is:Bank of America ...
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Article50% of employers are clear on auto-enrolment requirements
Half (50%) of employers are clear on auto-enrolment requirements and which employees are eligible, according to research by maritime pension scheme provider Ensign.Its survey of 44 employers and 87 employees in the shipping and maritime sector also found that 50% of employees do not know how much they need to ...
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Article30% do not know the total value of their pensions
Less than a third (30%) of employees do not know the total value of their pensions, according to research by retirement, workplace savings and protection solutions provider Aegon.Its survey of 909 individuals aged 18 and over also found that 22% of respondents with multiple pension pots have lost track of ...
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ArticleEXCLUSIVE: Virgin Atlantic launches online financial education programme
EXCLUSIVE: Airline organisation Virgin Atlantic has launched an online financial education programme for its 9,500 UK-based staff, including Virgin Holiday employees.The programme, provided by Nudge, was implemented on 1 May 2018 to form part of Virgin Atlantic’s overall wellbeing strategy, called Working Well, Living Better. The wellbeing strategy focuses on ...
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ArticleNew Zealand government launches taskforce to review Holiday Act
The New Zealand government has established a taskforce of employer, employee and government representatives to review the Holidays Act 2003 and ensure it is fit for purpose for modern workplace practices.The government-commissioned working group will focus on reviewing the legislation around the provision and payment of holiday and leave entitlements ...
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ArticleTPR used enforcement powers 35,862 times to tackle pensions non-compliance in Q1
The Pensions Regulator (TPR) used its enforcement powers for pensions auto-enrolment non-compliance 35,862 times between January and March 2018, compared to 28,446 times last quarter, according to research by TPR.Its Compliance and enforcement quarterly bulletin: January-March 2018 report, which provides information on the powers TPR has used as well as ...
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ArticleJapan offers $356,224 expatriate pay package for middle managers
Japan offers the highest expatriate pay package for middle managers of $356,224 (£269,392.62), including a base salary of $82,996 (£62,765.31) and benefits amounting to $125,111 (£94,614.57), according to research by ECA International (ECA).Its MyExpatriate market pay report, which analysed middle managers’ pay packages in terms of cash salary, benefits and ...
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ArticleCountrywide and University of Lincoln shortlisted for Benefits team of the year
Property organisation Countrywide, technology, engineering and science business Leidos Europe and the University of Lincoln (pictured) are the organisations shortlisted in the Benefits team of the year category at the Employee Benefits Awards 2018.The award, sponsored by Neyber, celebrates the achievements of an in-house benefits team that works together to ...
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ArticlePoll: 79% think shared parental leave should be paid the same as enhanced maternity pay
Employee Benefits poll: More than three-quarters (79%) of respondents think that shared parental leave should be paid at the same rate as enhanced maternity pay.A straw poll of www.employeebenefits.co.uk readers, which received 56 responses, also found that 14% of respondents do not believe that shared parental leave should be paid ...
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Article59% believe flexible working is the most important benefit
More than half (59%) of employee respondents believe that flexible working is the most important benefit when looking for a job, according to research by Totaljobs.In addition to flexible working, the survey of 1,005 employees and 260 employers found that 54% of employee respondents value a pension as the most ...