All Article articles – Page 396
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Government consults on draft regulations for the publication of pension costs and charges
The Department for Work and Pensions (DWP) has launched a consultation on proposed policies and draft regulations that would require occupational pension schemes that offer money purchase benefits to publish transaction costs and charges information.The consultation, which launched on 26 October 2017 and will run until 7 December 2017, seeks ...
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Admiral Group and Hilton among world’s best multinational workplaces
Admiral Group, EY, Hilton, Mars and Salesforce are among the 25 global organisations recognised on the 2017 world’s best multinational workplaces list, compiled by Great Place to Work.To feature on the annual list, organisations must have appeared on at least five national best workplaces list, also compiled by Great Place ...
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Manchester City Council signs charter to provide pay protections for care staff
Manchester City Council has committed to delivering pay protections to its employees working in the care sector, including paying staff the voluntary living wage and providing occupational sick pay.The commitment forms part of trade union Unison’s ethical care charter, which Manchester City Council signed on 23 October 2017. The charter ...
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Sodexo reports a 14.9% mean gender pay gap
Facilities management service organisation Sodexo has reported a mean gender pay gap of 14.9% for hourly fixed pay as at April 2017 across its five legal entitles with more than 250 staff in the UK.The organisation has reported its gender pay gap data in line with the government’s gender pay ...
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Italian town pays up to €2,000 to encourage relocation
Something for the weekend: Many organisations opt to send employees on expatriate assignments, with staff and their families relocating across the globe for business benefits. Candela, a small Italian town near Puglia, is using a similar principle to encourage employees to join its workforce, by paying up to €2,000 (£1776.55) ...
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Top 10 most read stories: 19-25 October 2017
The top 10 most read stories on www.employeebenefits.co.uk between 19 and 25 October 2017 were: Facebook and Northern Gas and Power among UK's best organisations for workplace cultureHeineken awarded for pensions communicationEXCLUSIVE: 30% of employers plan to prioritise wellbeing for 2018Weetabix Food Company reports a 5.4% mean gender pay gapEXCLUSIVE: ...
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Iceland reports an unadjusted gender pay gap of 16.1% for 2016
The unadjusted gender pay gap for employees in Iceland was 16.1% in 2016, according to research by Statistics Iceland.Its gender pay gap analysis, which is based on the Structure of earnings survey and represents the difference between average gross hourly earnings of male employees and female employees as a proportion ...
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Mears Group to face legal action over holiday pay
Housing maintenance organisation Mears Group is to face legal action for failing to pay Wigan and Leigh-based employees holiday pay.Trade union Unite is bringing the legal action on behalf of approximately 30 of its members who perform housing maintenance work for Mears Group on homes owned by Wigan and Leigh ...
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Independent review recommends mental health standards for employers
An independent review into mental health practices in the workplace has recommended six mental health core standards to help employers better support their staff, including employees with poor mental health or wellbeing.The Thriving at work review, which was commissioned by prime minister Theresa May in January 2017, explores how employers ...
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Weetabix Food Company reports a 5.4% mean gender pay gap
Food and cereal manufacturing organisation the Weetabix Food Company has reported a mean gender pay gap of 5.4% for fixed hourly pay as at 5 April 2017.The organisation has reported its gender pay gap data, published in its 2017 Gender pay gap report, in line with the government’s gender pay ...
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Benefits technology in numbers
Facts and figures relating to benefits technology in the workplace:36% of employee respondents cite increased productivity as a benefit of using wearable technology in the workplace.Source: Office Genie June 201739% of employer respondents rank their intranet as a very valuable form of benefits technology.Source: Employee Benefits and Staffcare18% of employer ...
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Savers access £14.2bn through pension freedoms
Retirement savers have accessed approximately £14.2 billion through the pension freedoms since the pension reforms were introduced in April 2015, according to data from HM Revenue and Customs (HMRC).Its Flexible payments from pensions: October 2017 report also found that the number of individuals who have received flexible payments from their ...
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New Zealand to increase minimum wage to $20 an hour
The national minimum wage in New Zealand is to increase by 27% to $20 (£10.50) an hour by 2020.The increase, which forms part of a coalition agreement between the New Zealand Labour Party and New Zealand First, will see the hourly minimum wage progressively rise from $15.75 (£8.27) an hour ...
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Debbie Lovewell-Tuck: Harnessing the power of technology
As our Benefits Technology 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.The speed of technological evolution constantly seems to be accelerating. It is strange to think that ...
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Clare Sheridan: Do not make workers put away their everyday selves when it comes to online benefits
It is Monday morning. Put aside your everyday self until next weekend; it is time to adopt your work self, catch the early train and face the week. And then, repeat until you retire.There are still jobs and organisational cultures that fit this rather dispiriting mindset, but the world of ...
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EXCLUSIVE: Fitflop holds global step challenge for 200 staff worldwide
EXCLUSIVE: Global shoe retail organisation Fitflop is holding a global step challenge for its 200 employees in seven countries to improve employee health and wellbeing.The challenge, which started on 9 October 2017, was set up by the organisation’s employee feel good champions as part of Fitflop’s overall wellbeing strategy. The ...
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Sandwell Council to pay living wage to 800 employees
Sandwell Council will enhance pay to the voluntary living wage rate for 150 council employees and 650 school staff.The pay increase, which will be effective from April 2018 and apply to staff currently on pay band A and the lower increments of pay band B, will see cleaners, learning support ...
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66% view being valued and recognised as most important aspect of employment
Two-thirds (66%) of respondents view being valued and recognised by their employer as the most important aspect of employment, according to research by Sage People.Its Why your workforce isn't working report, which surveyed 3,500 employees aged 16 or over who work at organisations with between 200 and 5,000 employees across ...
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3 Editor's comment
As we head towards the first autumn Budget on 23 November, speculation is rife about Chancellor Philip Hammond’s possible changes to pensions. This is hardly surprising given the vast pace of change experienced in the pensions industry over the past few years. In many cases, employers have found it necessary ...
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Just 22% of New Zealand employers offer parental leave on equal terms
Just over a fifth (22%) of respondents who are working fathers based in New Zealand say their employer offers parental leave on equal terms to their female counterparts, according to research by Hays.Its survey of 173 employees in New Zealand, which comprised 53% women and 47% men, also found that ...