All Article articles – Page 417
-
ArticleSerco staff at Barts Health NHS Trust strike over pay dispute
Members of trade union Unite who work for public services organisation Serco and are based at hospitals within Barts Health NHS Trust are taking strike action in a dispute over pay.Cleaners, domestic staff, porters, and security staff based across four London hospitals in the Barts Health NHS Trust began 48 ...
-
ArticleWESC Foundation launches salary sacrifice car scheme
Visual impairment services organisation the WESC Foundation has introduced a salary sacrifice car scheme for its 240 Devon-based employees.The organisation launched the Lifestyle Lease scheme, provided by Maxxia, in June 2017 in order to extend the range of benefits available to staff.The scheme enables the lease agreement to be made ...
-
ArticleStandard Life employee’s transfer value complaint is rejected by Pensions Ombudsman
The Pensions Ombudsman has rejected a complaint by a Standard Life employee regarding the provision of a second cash equivalent transfer value (CETV) within 12 months of a previous request.The complainant, Mr Y, is a deferred member of the Standard Life staff pension scheme who was considering transferring his deferred ...
-
Article
The month in numbers: June 2017
A round-up of some of the key facts and figures related to employee benefits in June 2017:26% of global employee respondents who expect to work to some extent in their retirement cite concerns that their retirement benefits will be less than expected as the reason for this (Source: Aegon)50% of ...
-
ArticleWashington to legislate for paid family and medical leave
Washington has passed a bill to introduce a new paid family and medical leave benefit for employees based in the US state.The new family and medical leave programme, which will come into effect from 1 January 2020, will enable eligible employees to take up to 12 weeks of paid family ...
-
ArticleAddison Lee to face legal action over holiday pay and minimum wage
Taxi organisation Addison Lee is to face legal action over the status of its drivers and their entitlement to workers’ rights, such as holiday pay and the national minimum wage.The legal action is being brought by the GMB trade union on behalf of three Addison Lee drivers, who are being ...
-
Article84% believe summer perks increase productivity
More than three quarters (84%) of employee respondents believe that receiving summer perks makes them more productive, according to research by Peldon Rose.Its survey of 600 UK-based office employees also found that 34% of respondents are not offered any form of seasonal benefits.The research also found:40% of respondents feel that ...
-
ArticleSkanska agrees £300m pension longevity hedge
The trustees of construction organisation Skanska’s pension scheme have agreed a longevity hedge for the scheme, covering £300 million in member liabilities.The hedge has been agreed between the Skanska Construction Services Trustees for the Skanska Pension Fund and insurance organisation Zurich. Zurich has reinsured 75% of the hedge with reinsurance ...
-
ArticlePinsent Masons, RBS and Vodafone among 2017’s Top Global Employers for LGBT staff
Accenture, Herbert Smith Freehills, Pinsent Masons, RBS (pictured), and Vodafone are among the 12 global organisations that have been named as 2017's Top Global Employers for lesbian, gay, bi and trans (LGBT) employees by LGBT equality charity Stonewall.The list recognises organisations that create inclusive workplaces and advance equality for LGBT ...
-
Article
Buyer's guide to health cash plans
The factsWhat are health cash plans?Health cash plans are a low cost way to provide employees with financial assistance towards the cost of everyday healthcare. Plans offer a set amount of benefit each year for items such as optical and dental care, physiotherapy and specialist consultations, with employees paying for ...
-
Article25% cite a company car as the deciding factor when taking a job
A quarter (25%) of employee respondents cite access to a company car as the deciding factor when taking a job, according to research by vehicle supply organisation OSV.Its survey of 676 employees and 180 employers also found that 54% of employee respondents view a company car as the best benefit ...
-
ArticleFinancial Ombudsman Service gains living wage accreditation
The Financial Ombudsman Service has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying its 3,413 employees at least the voluntary living wage rate of £8.45 an hour, or £9.75 an hour for employees working in London. The new wage rate will ...
-
ArticleJohns Hopkins University enhances family-friendly benefits
US-based Johns Hopkins University has enhanced its family-friendly benefits, introducing a new paid parental leave benefit and increasing the financial assistance offered to adoptive parents.The new paid parental leave benefit, effective from 1 July 2017, will enable birth and adoptive mothers and fathers to take four weeks of leave at ...
-
ArticleDefined benefit pension funding deficit falls to £460bn
The funding deficit for defined benefit (DB) pension schemes in the UK was £460 billion at the end of June 2017, according to research by PricewaterhouseCoopers (PWC).Its Skyval index, which is based on data relating to 5,800 DB pension funds and collected through the Skyval pensions platform used by trustees, ...
-
Article
Top tips to maximise voluntary benefits take up
Infographic for second item on alert (to be made into a separate post and linked to from here)Infographic for third item on alert (to be made into a separate post and linked to from here)
-
ArticleMicrosoft rolls out global family caregiver benefit
Technology organisation Microsoft has launched a paid family caregiver benefit for its employees worldwide.The new benefit allows employees to take up to four weeks of fully-paid leave in order to care for an immediate family member with a serious health condition.Microsoft launched the family caregiver leave for its US employees ...
-
ArticleBentley agrees 6.5% pay increase for Cheshire-based staff
Luxury car manufacturer Bentley has agreed a 6.5% pay increase for more than 2,000 employees based in Crewe, Cheshire, as part of a new pay deal.The pay deal, which was negotiated with trade union Unite, will be backdated to 1 January 2017. The deal will see employees’ working hours reduced ...
-
ArticlePWC narrows its mean gender pay gap to 13.7%
Professional services organisation PricewaterhouseCoopers (PWC) has seen its mean gender pay gap narrow from 15.2% in 2016 to 13.7% for hourly fixed pay at April 2017.PWC has reported its snapshot data for 5 April 2017 in compliance with gender pay gap reporting regulations, which includes publishing the data on the ...
-
ArticleDaley joins British Steel
Julian Daley has joined steel products organisation British Steel as reward and recognition manager.In this position, Daley is responsible for the day-to-day management of the organisation’s reward and recognition offering, including the delivery of the total reward framework in alignment with British Steel’s values and business strategy.Daley joins from Arla ...
-
ArticleDebenhams hires Hyndman
Retail organisation Debenhams has hired Sally Hyndman as its new group HR director.With 30 years of industry experience, Hyndman’s previous positions include group HR director at Dixons Carphone, director at SH Interims, HR director at Ask Restaurants, and strategy and change manager at Marks and Spencer.