All Article articles – Page 390
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ArticleConfessions of a benefits manager: The trials and tribulations of voluntary benefits
Big Bad Boss has leapt on another bandwagon. I just wish he would have his own ideas rather than simply recycling someone else’s. This week it seems his mantra is voluntary benefits and I know exactly where it originated. There’s a new Higher Being spreading discontent among the executive management ...
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ArticleGovernment launches consultation on the authorisation and supervision of master trusts
The Department for Work and Pensions (DWP) has launched a consultation on the draft regulations and policies for the authorisation process and supervisory regime for master trust pension schemes.The consultation, which will run until 12 January 2018, is seeking views on proposed draft regulations that will introduce an authorisation and ...
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ArticleTop 10 most read stories: 23-29 November 2017
The 10 most read stories on www.employeebenefits.co.uk between 23 and 29 November 2017 were: How will the Autumn Budget 2017 impact pay and benefits?Government launches inquiry into collective defined contribution schemesBank of England reports a 21% mean gender pay gapBritish Embassy in Jordan hires its first diplocatEuropean Commission launches two-year ...
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ArticleKingston Smith reports a 7% mean gender pay gap
Accountancy organisation Kingston Smith has reported a mean gender pay gap of 7% for fixed hourly pay as at 5 April 2017.The organisation has reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ahead of the private sector submission deadline of 4 ...
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ArticleEXCLUSIVE: The ACCA launches online financial education programme
EXCLUSIVE: Global professional accountancy body the Association of Chartered Certified Accountants (ACCA) has launched an online financial education programme for its 900 UK employees.The financial education programme, provided by Nudge, was introduced in November 2017 to help improve the financial wellbeing of the ACCA’s London and Glasgow-based employees.Delivering a series ...
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ArticleEU court rules workers are entitled to holiday pay for accrued annual leave
The Court of Justice of the European Union has ruled that a retired worker can claim holiday pay for both unpaid or untaken annual leave accrued during his 13-year tenure.In the case, King v The Sash Window Workshop and Dollar, King worked as a window salesman on a self-employed, commission-only ...
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ArticleEXCLUSIVE: 39% do not offer an alternative to contributions for staff who reach allowance limits
Over one-third of respondents (39%) do not offer an alternative to pension contributions for staff who reach their annual or lifetime allowance limits, according to research by Employee Benefits and Nest.The Employee Benefits/Nest Pensions research 2017, which surveyed 254 employer respondents in September 2017, found that April’s 2016’s reductions to ...
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Article43% want flexible working as part of their benefits package
More than two-fifths (43%) of employee respondents want access to flexible working arrangements as part of their employee benefits package, according to research by Hibob.Its Part two: powerful perks: what people really want report, which surveyed 501 UK employers and 4,001 UK employees, also found that 41% of employee respondents ...
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Article44% of employers do not know what GDPR is
More than two-fifths (44%) of employer respondents do not know what the General Data Protection Regulation (GDPR) is, according to research by SD Worx.Its survey of 1,800 HR and payroll professionals across nine European markets also found that 55% of respondents who are aware of GDPR believe that the regulation ...
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ArticleWest End theatre employees accept three-year pay deal
Employees who work in London’s West End theatres and are members of the Bectu trade union have voted to accept a three-year pay deal.The pay deal, offered by employers’ body The Society of London Theatre (Solt), will be backdated to 2 October 2017 and include a 3.5% pay increase for ...
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ArticleFirst Group consolidates Local Government Pension Scheme assets to create £1bn fund
Transportation organisation First Group has consolidated its pension scheme assets across three Local Government Pension Scheme (LGPS) arrangements to create a £1 billion fund.The organisation will consolidate its pension schemes’ assets by transferring £700 million from the West Yorkshire LGPS and the South Yorkshire LGPS into the Greater Manchester Pension ...
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ArticleAverage advertised UK salaries increase by 0.8%
The average advertised salary in the UK increased by 0.8% from £31,929 in September 2017 to £32,174 in October 2017, according to research by Adzuna.Its UK job market report: November 2017, which analyses online job vacancy data in the UK from over 500 sources, also found that the average advertised ...
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ArticleUniversity of Strathclyde to pilot sustainability and wellbeing scheme
The University of Strathclyde is to pilot a sustainability and wellbeing scheme for 250 employees from January 2018.It will pilot the Jump programme, provided by Green Rewards, for five months as part of the Glasgow-based university’s developing programme of activities to help it create a more sustainable environment.The university is ...
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ArticleGovernment launches inquiry into collective defined contribution schemes
The Work and Pension Committee has launched an inquiry into the possibility of introducing collective defined contribution (DC) pension schemes to the UK pensions market.The inquiry, which is accepting written feedback from interested parties up to 8 January 2018, will investigate whether collective DC arrangements can benefit UK savers and ...
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ArticleLondon has the largest regional gender pay gap
London is the UK region with the biggest gender pay gap on average for full-time employees, according to research by the Office for National Statistics (ONS).Its analysis, which is based on adult rates of pay for employees aged between 18 and 49 whose pay for the survey’s pay period was ...
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ArticleJust Recruitment to launch employee ownership trust
Just Recruitment is to launch an employee ownership trust from December 2017.The recruitment organisation, which employs 43 staff across six sites in East Anglia, will become employee owned in order to secure its long-term future and help maintain its existing organisational culture.The employee ownership trust will place future profits into ...
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Article
Top 15 employer brands 2017
Marketing Week names the top 15 best places to work in 2017. The featured employers have been credited for putting energy and investment into their employer brand, and for being a benchmark which other employers can compare themselves to in order to attract and retain employees.Infographic please (in alphabetical order)AvivaBritvicBTCancer ...
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ArticleArriva North West employees plan further strike action over pay
Arriva North West bus drivers and engineering employees are planning a further 10 24-hour strikes in their continued dispute over pay.More than 2,000 members of trade unions Unite and GMB, who work across 11 depots, will continue with industrial action with the next strike scheduled for Monday 27 November.The dispute ...
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ArticleBank of England reports a 21% mean gender pay gap
The Bank of England has reported a mean gender pay gap of 21% and a median gender pay gap of 24.2% for the year to 30 March 2017.Its figures on mean and median salaries by gender, which compared data from March 2016 to March 2017, found that the mean gender ...