All Article articles – Page 419
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Government to implement General Data Protection Regulation through Data Protection Bill
The government will implement the General Data Protection Regulation (GDPR) through the Data Protection Bill, which was announced in the Queen’s Speech on Wednesday 21 June 2017.The GDPR, which been designed to protect EU citizens from privacy and data breaches, will include mandatory breach notifications delivered in a 72-hour period ...
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EXCLUSIVE: Just 9% do not offer any benefits through salary sacrifice
EXCLUSIVE: Just 9% of employer respondents do not offer any benefits through a salary sacrifice arrangement, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that more than three-quarters (80%) of respondents offer benefits through a ...
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13% would consider a new job if it offered benefits aligned with their needs
Less than one-fifth (13%) of employee respondents would be tempted to consider a new job if it offered benefits that were more aligned with their needs, according to research from Hays.Its What workers want report 2017, which surveyed 13,650 UK employers and employees, also found that 36% of employee respondents ...
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Tesco to increase hourly pay to £8.42 for store staff
Retail organisation Tesco will increase pay for hourly-paid store employees by 10.5% as part of a new pay deal, with the hourly rate set to reach £8.42 an hour by November 2018.The pay rise will be implemented in three stages over the next two years. Pay will increase from £7.62 ...
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Coats agrees £74m settlement in pension scheme anti-avoidance case
Industrial thread manufacturing organisation Coats Group has agreed a £74 million settlement for one of its defined benefit (DB) pension schemes, which will bring an anti-avoidance case brought by The Pensions Regulator (TPR) to an end.The settlement relates to the Staveley Industries Retirement Benefits Scheme (SIRBS), which is one of ...
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EXCLUSIVE: 29% offer employee share schemes
EXCLUSIVE: Just under a third (29%) of employer respondents offer share schemes or share options to their employees, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that a further 17% offer shares or share options ...
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Allianz Worldwide Partners holds Learning at Work Week for UK staff
Insurance organisation Allianz Worldwide Partners has hosted its third Learning at Work Week, providing its 550 UK-based employees with access to activities designed to enhance their personal and professional development.Over the course of the week, employees were able to take part in creative activities such as Latin dance lessons, a ...
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27% increase member contributions to reduce defined benefit pension provision costs
More than a quarter (27%) of pension trustee, scheme sponsor, and pension manager respondents have introduced higher member contributions to reduce the cost of defined benefit (DB) pension provision, according to research by Aon.Its Global pension risk survey 2017, which surveyed 185 UK pension trustees, pension managers and scheme sponsors ...
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Australian public office staff to receive 2% pay rise
Australian employees in public office positions are to receive a 2% pay increase following the latest decision by Australia's Remuneration Tribunal.The pay increase will apply to staff in senior offices in the public service and statutory agencies, certain government-owned businesses and part-time offices, secretaries of departments, the federal judiciary, and ...
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Debbie Lovewell-Tuck: The new world of financial wellness
As our inaugural Financial Wellness Week, in association with Neyber, draws to a close, it’s time to reflect on the trends and issues currently driving this area of the benefits market.The importance of financial wellness on the corporate agenda was cemented last week with the appointment of Guy Opperman as ...
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Financial wellness in numbers
A round-up of some of the key facts and figures relating to financial wellness in the workplace:!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o[0],r=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=r+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var a=e.createElement("script");a.async=1,a.id=s,a.src=i,d.parentNode.insertBefore(a,d)}}(document,0,"infogram-async","//e.infogr.am/js/dist/embed-loader-min.js");
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EXCLUSIVE: 16% do not offer any form of mental wellbeing education or support
EXCLUSIVE: Just 16% of employer respondents do not offer any form of mental wellbeing education or support for employees, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that a fifth (20%) do not provide any ...
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New Taipei City Police Department recruits puppies
Credit: Taiwan National Police AgencySomething for the weekend: Ensuring that employees are well rested is an important way to boost productivity levels at work; with some employers even opting to install sleep pods or sleeping rooms into the office environment to help staff catch up on some shut-eye. However, the ...
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Top 10 most read stories this week 15-21 June
The top 10 most read stories on www.employeebenefits.co.uk between 15 and 21 June 2017 were: Virgin Trains to invest £700,000 a year in mental and physical wellbeing supportFamily offers £50,000 salary for live-in nanny at haunted houseGlasgow City Council is refused appeal in equal pay caseGovernment appoints Guy Opperman pensions ...
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Atlanta City Council to increase minimum wage to $13 an hour
Atlanta City Council is to increase its minimum wage for full-time city employees from $10.10 (£7.97) an hour to $13 (£10.26) an hour.The increase in minimum wage, which will come into effect on 1 July 2017, will impact 360 full-time employees.The minimum wage increase forms part of the city’s $648.6 ...
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40% believe UK managers make fair decisions about how performance is linked to pay
Two-fifths (40%) of UK employee respondents think their manager makes fair decisions about how performance is linked to pay, according to research by Willis Towers Watson.Its Global findings report for the 2016 global talent management and rewards study and global workforce study, which surveyed over 31,000 full-time global employees, including ...
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JP Morgan employee files sex discrimination charge over parental leave policy
A US-based new father who is an employee at banking organisation JP Morgan has filed a class-action discrimination charge against the organisation, claiming that fathers are discriminated against because they are unable to take paid parental leave on the same terms as mothers.The charge, which was filed by the American ...
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Louise’s lowdown: Breaking down taboos around all aspects of workplace health
Tackling taboos around mental health in the workplace is a frequently discussed topic on Employee Benefits. If employees feel unable to discuss mental health or managers feel uncomfortable broaching the topic in an empathetic and helpful manner, then this can hamper efforts to ensure staff access appropriate support.A number of ...
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How the Queen’s Speech 2017 will impact employee benefits
On 21 June 2017, the Queen attended the Houses of Parliament to deliver the Queen’s Speech, and officially open the next session of Parliament following the general election on 8 June 2017.The policies will be debated in the House of Lords and House of Commons over the next five days ...
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Teladoc to acquire Best Doctors
Telehealth platform organisation Teladoc has entered into a definitive agreement to acquire medical consultation organisation Best Doctors.US-based health technology organisation Teladoc, which delivers virtual care access via its technology platform, will utilise Best Doctors’ network of medical experts and patient-decision support to offer a suite of online care options. Teladoc ...