All Article articles – Page 402
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Average contribution rate for DC schemes is 4.2% of pensionable earnings
The average total contribution rate for occupational defined contribution (DC) pension schemes in the private sector was 4.2% of pensionable earnings for 2016, according to research by the Office for National Statistics (ONS).Its Occupational pension schemes survey: UK, 2016, also found that for private workplace DC pension schemes, average total ...
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Poll: 55% believe the public sector pay cap should be lifted
Employee Benefits poll: More than half (55%) of respondents think the public sector pay cap should be lifted for all public sector employees.A straw poll of www.employeebenefits.co.uk readers, which received 55 responses, also found that 35% of respondents believe the 1% cap on pay rises for public sector staff should ...
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EXCLUSIVE: Age UK to discuss employee engagement at Employee Benefits Live
EXCLUSIVE: Tammy Palmer (pictured), head of people development and engagement at charity Age UK, will discuss how community opportunities can work as a low-cost employee engagement tool at Employee Benefits Live 2017.The session, titled ‘Creative and cost-effective employee engagement strategies’, will form part of the employee engagement conference stream on ...
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Poll: Should employers in the gig economy be required to provide a minimum level of benefits?
[polldaddy poll=9840617]
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French Post Office staff farm vegetables in office rooftop garden
Something for the weekend: Post Office staff in northern Paris have taken health and wellbeing in the workplace to dizzying new heights by growing their own fruit and vegetables in an office-based rooftop garden.The 900-square metre rooftop farm, which is surrounded by tower blocks, is manned by approximately 500 postal ...
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Top 10 most read stories this week: 21-27 September 2017
The top 10 most read stories on www.employeebenefits.co.uk between 21 and 27 September 2017 were: Google, Lego and Microsoft top 2017's best corporate social responsibility listHogwarts seeks to recruit wizarding staffYum! Brands holds employee development weekEmployment tribunal rules in favour of Addison Lee drivers in worker-status caseThe Work and Pensions ...
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Confessions of a benefits manager: Candid looks at gender pay reporting
The can of worms is open and wiggling across my desk. Gender pay gap reporting has forced the Higher Beings to look more closely at pay, and although it is not published yet, I can tell you the results of our report are shocking.However, the real problem is not so ...
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EXCLUSIVE: 97% include employee assistance programmes in mental health support
EXCLUSIVE: Nearly all (97%) employer respondents that have a strategy to support the mental health of their workforce cite an employee assistance programme (EAP) as part of this, according to research by Employee Benefits and Health Shield.The Employee Benefits/Health Shield Healthcare research 2017, which surveyed 121 employer respondents in July ...
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38% plan to increase their employee benefits offering in 2017
More than a third (38%) of employer respondents plan to increase the number of options in their employee benefits package in 2017, according to research by Mattioli Woods.Its 2017 Employee benefits insight report, which surveyed 300 employers and gathered data from 2,692 UK organisations, also found that 21% of respondents ...
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57% of retail employees are unhappy with their pay
More than half (57%) of retail employees are unhappy with their pay, with average advertised salaries for retail positions of £29,042 a year, according to research by Adzuna.Its analysis of employment satisfaction levels across 1,000 UK employees also found that 55% of respondents in the teaching profession are unhappy with ...
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EXCLUSIVE: PWC to discuss the gig economy and flexible working models at Employee Benefits Live 2017
EXCLUSIVE: Julian Sansum (pictured), partner at PricewaterhouseCoopers (PWC), will discuss the tax implications of the gig economy and flexible working models, as well as how employers can practically utilise these employment structures, at Employee Benefits Live 2017.The session, titled ‘Managing policy and tax differences in global benefits’, will form part ...
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8-9: Financial education
Do respondents’ organisations provide financial education?They do to all staff: 41%They do not and have no plans to do so in the future: 24%They do not but they are considering offering it: 18%They do not but they plan to offer it: 13%They do to some staff: 6%Sample: All respondents (160)The ...
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12% have stopped pension contributions to support financially dependent relatives
More than one in 10 (12%) of respondents over the age of 50 have stopped saving into their pension in order to support either children or parents who are financially dependent on them, according to research by Aviva.Its Real retirement report, which surveyed 3,327 UK adults aged 50 or over, ...
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39% would like more support to manage care responsibilities at work
More than a third (39%) of respondents would like more support at work to help them manage care responsibilities for an elderly relative, according to research by Simplyhealth.Its Simplyhealth/You Gov everyday health tracker report, which surveyed 1,974 UK adults aged 18 or over, also found that 50% of respondents believe ...
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BBC to align median pay for off-air journalists
Media organisation the British Broadcasting Corporation (BBC) has agreed to align median pay for off-air journalists who work at its BBC World Service and BBC Monitoring businesses with employee counterparts who are based at BBC Network News.The pay increase, which will be backdated to 1 August 2017, will apply to ...
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Luther Systems to discuss blockchain technology at Employee Benefits Live 2017
EXCLUSIVE: Hossein Kakavand (pictured), co-founder and chief executive officer at Luther Systems, will discuss how blockchain technology and smart contracts can impact on employee benefits, pay and pensions at Employee Benefits Live 2017.The session, titled ‘How will next generation technologies evolve approaches to benefits with the future workplace?’, will form ...
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Employment tribunal rules in favour of Addison Lee drivers in worker-status case
The Central London Employment Tribunal has ruled that three drivers working for car and courier organisation Addison Lee are employed as workers rather than independent contractors, and are therefore entitled to employment rights such as the national minimum wage and holiday pay.Lang, Olszeski and Morahan v Addison Lee, involved three ...
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43% do not know how much of their monthly salary to invest into their DC pension
Around four in 10 (43%) of defined contribution (DC) pension scheme members do not know how much of their monthly salary they should be saving into their workplace pension, according to research by BlackRock.Its survey of 509 UK DC pension scheme members aged between 30 and 69 also found that ...
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66% have not heard about GDPR legislation
Two-thirds (66%) of respondents have no knowledge of General Data Protection Regulation (GDPR) legislation, or have any plans in place to prepare to comply with the upcoming legislation, according to research by DocsCorp.Its survey of 200 UK small and medium-sized enterprise (SME) employers also found that 30% of respondents did ...
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OC Tanner to acquire Accumulate Loyalty Services
Global employee recognition and workplace culture organisation OC Tanner is to acquire Australian employee recognition provider Accumulate Loyalty Services.The acquisition, which will be completed on 31 October 2017, will enable OC Tanner to better support its multinational clients which have a presence in Australia, as well as expand the organisation’s ...