All Article articles – Page 408
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Creditspring gains living wage accreditation
Personal finance organisation Creditspring has been accredited as a living wage employer by the Living Wage Foundation.The living wage accreditation confirms Creditspring’s commitment to pay both direct employees and third-party contractors at least the voluntary living wage rate.The living wage is an independently set hourly rate of pay that is ...
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Over 90% say pensions dashboard could help them save for retirement
Nine out of 10 parents believe that an online service showing all of their pensions savings would help them to save more for their retirement, according to research by Mumsnet, the parents network, on behalf of the Association of British Insurers (ABI) and the Pensions Dashboard Project.The survey of 1,206 ...
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Do not miss Employee Benefits Wired: Supporting good governance
Employee Benefits Wired: Supporting good governance, presented in association with Nest, will be broadcast live at 11am on Wednesday 30 August 2017.The expert panel discussion can be viewed for free on the Employee Benefits video channel.The online debate will provide insights on the key issues surrounding good pensions governance and ...
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Canada Life to acquire Retirement Advantage
The Canada Life Group (UK) has reached an agreement to acquire financial services provider Retirement Advantage.Retirement Advantage was formed in 2015 from the merger of the retirement income and equity release divisions of MGM Advantage and Stonehaven. The organisation has more than £2 billion of assets under management, including £1.5 ...
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Game of Thrones stars avoid gender pay gap
Credit: HBO PRSomething for the weekend: As organisations across the UK prepare to fulfil gender pay gap reporting regulations due in April 2018, gender pay differences are firmly in the spotlight. However, fans of the hit fantasy TV show Game of Thrones can be reassured that their favourite actors and ...
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Confessions of a benefits manager: Candid conducts staff consultation
Much of my time is spent in an endless cycle of the same-old-same old: benefit renewals, surveys, pension reports, not to mention the tedious meetings about all of it. However, every now and then I get thrown a brand new ball to play with. This time it is from Bill, ...
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Top 10 most read stories this week: 17-23 August 2017
The top 10 most read stories on www.employeebenefits.co.uk between 17 and 23 August 2017 were: Argos tops minimum wage non-compliance list for £1.4m underpaymentWhat does wellbeing for the 4G workforce look like?How to create a global reward strategy to support diversity and inclusionJohnson and Johnson rolls out global parental benefits ...
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EXCLUSIVE: Nationwide to discuss pensions engagement at Employee Benefits Live
EXCLUSIVE: Ian Baines (pictured), head of pensions at Nationwide Building Society, is to discuss how employers can encourage and support staff to save more for their retirement at Employee Benefits Live 2017.The session, titled ‘Boosting retirement prospects for employees’, will form part of the workplace pensions conference stream on Tuesday ...
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16% of millennials would give up employer-funded gym membership for dogs
Just under a fifth (16%) of millennial respondents would sacrifice employer-provided gym membership in order to have their dog in the office with them, according to research by Purina PetCare.Its survey of 1,122 UK employees over the age of 18 and 252 senior managers or higher-level leaders, also found that ...
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Autonet Insurance Services appoints Woolley
Broking organisation Autonet Insurance Services has appointed Trasie Woolley as its director of HR.In her new position, Woolley will primarily be responsible for the organisation's HR and learning and development teams, ensuring that these functions work to support the business' next growth phase.Woolley previously worked as HR director at Hyperion ...
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Johnson and Johnson rolls out global parental benefits to 60 countries
Pharmaceutical organisation Johnson and Johnson has rolled out a global parental leave benefit to 60 of its operating locations in order to improve its maternity, paternity and adoption provision.From 1 August 2017, the organisation rolled out enhanced parental leave in 60 countries including the UK, Malaysia, China, Australia, Belgium, Mexico, ...
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TPR to prosecute Dominic Chappell for withholding documents during BHS investigation
The Pensions Regulator (TPR) is to prosecute Dominic Chappell, the former director and majority shareholder at Retail Acquisitions, for failing to provide requested information and documents to aid the investigation into the sale of BHS.TPR is to prosecute Chappell for failing to comply with three notices that were issued under ...
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Court of Appeal rules against ITV in pensions anti-avoidance case
The Court of Appeal has refused an appeal by television broadcasting organisation ITV, which sought to challenge additional evidence submitted by The Pensions Regulator (TPR) in a long-running pensions anti-avoidance case.The Court of Appeal has agreed with an Upper Tribunal decision in 2016 to allow TPR to submit new evidence ...
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Irish military recruits and privates to receive pay increase
The Permanent Defence Force in Ireland is to award a pay increase to general service recruits and privates following the introduction of a revised pay scale.The pay increase, which will apply to recruits and privates who joined the Permanent Defence Force after 1 January 2013, will be backdated to 1 ...
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17% of staff aged over 55 struggle to manage work-life balance
Just under a fifth (17%) of respondents aged over 55 struggle to juggle their work with other aspects of their lives, according to research by Robert Half UK.The It’s time we all work happy: the secrets of the happiest companies and employees report, which surveyed 24,000 employees across eight countries, ...
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Median pay for FTSE 100 chief executives falls by almost 20%
The median pay for chief executive officers (CEOs) working in the UK’s top 100 organisations has fallen by almost 20% to £3.5 million in 2017 compared to £4.3 million in 2016, according to research by Deloitte.Its preview of its annual FTSE 100 executive remuneration report, which analyses publicly available data ...
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Enhanced income protection benefit offered to Metropolitan Police staff
Members of the Metropolitan Police Service can now access an enhanced income protection benefit which include access to personal nurse advisers.The nurse advisory service, provided by RedArc, was added to the income protection offering on 11 August 2017. This will enable eligible staff to access long-term practical help and emotional ...
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EXCLUSIVE: Royal Mail to discuss health and wellbeing at Employee Benefits Live 2017
EXCLUSIVE: Dr Shaun Davies (pictured), global director of safety, health, wellbeing and sustainability at postal organisation Royal Mail Group, will discuss why employers should integrate a health and wellbeing strategy with business strategy at Employee Benefits Live 2017.The session, ‘Managing health and wellbeing at work’, will form part of the ...
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Jarrold and Sons completes £19m pensions buy-in
Retail organisation Jarrold and Sons has completed a £19 million pensions buy-in transaction.The transaction has secured pension payments for over 500 scheme members, as well as reduced pensions longevity risks for the organisation’s pension scheme, which is provided by Aviva.Western Pension Solutions advised Jarrold and Sons on all aspects of ...
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EXCLUSIVE: Mace to discuss mental health innovation at Employee Benefits Live 2017
EXCLUSIVE: Judith Grant (pictured), associate director, health and wellbeing at construction organisation Mace, will discuss how employers can take an innovative approach to mental health at Employee Benefits Live 2017.Her session, titled ‘Getting proactive with mental health at work’, will form part of the health and wellbeing conference stream on ...