All Article articles – Page 425
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Article
Hutchinson takes on reward at Deloitte UK
Professional services organisation Deloitte UK has hired Philip Hutchinson as its senior manager, total rewards.In this role, Hutchinson will work alongside the organisation’s total reward director to ensure that Deloitte UK’s total reward strategy is aligned with both business and talent goals.Previously, Hutchinson worked as head of global reward at ...
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ArticleWoods gains permanent post at QinetiQ
Colin Woods has been confirmed as group reward manager at multinational defence technology organisation QinetiQ after completing an interim post.Woods, who has 15 years of specific reward experience, has accepted a permanent position with QinetiQ after fulfilling the group head of reward role on an interim basis.Previously, Woods has worked ...
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ArticleThe College of Law Pension and Assurance Scheme completes £28m buy-in
The College of Law Pension and Assurance Scheme has completed a £28 million pension buy-in transaction with Aviva.The College of Law Pension and Assurance Scheme is administered by the Legal Education Foundation and has 760 members. The transaction covers employees who have been retired since 2012. This means that the ...
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ArticleHigh Court rules against British Airways in pensions discretionary increase case
A High Court judge has ruled against British Airways (BA) in its bid to challenge a decision made by its pension scheme trustees to award a 0.2% discretionary increase to members of the Airways Pension Scheme (APS).The case, which was heard between October and December 2016, centred around allowing the ...
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ArticleEXCLUSIVE: Just 3% view Brexit as a key benefits strategy issue
EXCLUSIVE: Just 3% of employer respondents cite the vote for Brexit as an issue shaping their benefits strategies in 2017, according to research by Employee Benefits and Staffcare.Following the triggering of Article 50 on 29 March, however, it remains to be seen how far this could change as more detail ...
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Article24% experience back problems when working from home
Around a quarter (24%) of respondents that work from home experience back aches, according to research by Bupa.Its survey of 2,000 UK adults, released to mark National Work from Home Day (Friday 19 May), also found that 38% of respondents who work from home receive help from their employer to ...
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ArticleAsos and John Lewis Partnership named UK’s Top Companies for 2017
Arcadia Group, Asos, the BBC, John Lewis Partnership, and Virgin are among the organisations that have been recognised on the Top Companies 2017 list for the UK, compiled by LinkedIn.The list recognises employers that employees want to work for, and is based on analysis of the actions taken by LinkedIn ...
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ArticleAviva and Deutsche Telekom Services Europe shortlisted for employee share schemes
Insurance organisation Aviva (pictured) and telecommunications organisation Deutsche Telekom Services Europe have been shortlisted in the best employee share schemes category at the Employee Benefits Awards 2017.This award celebrates employers who have implemented an effective employee share scheme for their staff.The full category shortlist is:Aviva, Aviva SAYE Scheme 2016, Aviva ...
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ArticleEXCLUSIVE: 56% share funding of benefits with staff
EXCLUSIVE: More than half (56%) of employer respondents offer a benefits package that is part employer and part employee funded, 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 just 1% of respondents only offer ...
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ArticleUS home improvement organisation trials robotic exosuits for staff
Something for the weekend: Musculoskeletal conditions, such as back ache or joint pain, can be a reoccurring health and wellbeing issue for employers and their staff, particularly in occupations that involve manual tasks, such as heavy lifting. US-based home improvement and hardware organisation Lowe’s has introduced a new tool to ...
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ArticleTop 10 most read stories this week 10-17 May
The top 10 most read stories on www.employeebenefits.co.uk between 11 and 17 May 2017 were: The Pensions Regulator names auto-enrolment non-compliant employersTravel organisation rewards staff by turning office into giant ball pit43% think their employer puts business results ahead of employee wellbeingGowling WLG launches online benefits portal for UK staffEXCLUSIVE: ...
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ArticleEXCLUSIVE: Atomic Weapons Establishment launches online financial education programme
EXCLUSIVE: National defence organisation the Atomic Weapons Establishment (AWE) has launched an online financial education programme for its 4,900 UK-based staff.The financial education programme, delivered by Nudge, launched on 12 May 2017 for all employees who work across AWE’s five UK sites.The programme was implemented to help attract and retain ...
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ArticleWalmart to pay $7.5m settlement over same-sex spousal health insurance benefits
US retail organisation Walmart is to pay $7.5 million (£5.8 million) in a class action settlement relating to spousal health insurance benefits for employees in same-sex marriages.The class action case challenged why corporate health insurance benefits could not be extended to same-sex spouses of eligible employees before 2014.The settlement is ...
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ArticleLouise’s lowdown: Cryopreservation enters the benefits mix
At the beginning of May, Richard Craib, founder of artificial intelligence hedge fund Numerai, announced the launch of a new employee benefit on Twitter: whole-body preservation cryonics. The tweet included a link to a job listing for a full stack engineer vacancy at the firm. The job description detailed the ...
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ArticleEXCLUSIVE: 18% have overhauled their benefits portal in the last six months
EXCLUSIVE: Just under a fifth (18%) of employer respondents have overhauled their benefits portal in the last six months in order to take advantage of new developments in technology, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, ...
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ArticleTotal pay increases by 0.1% in real terms
Total pay, including bonuses, increased by 0.1% in real terms in Great Britain between January-March 2016 and January-March 2017, according to research by the Office for National Statistics (ONS).Its UK labour market: May 2017 report, also found that regular pay, excluding bonuses, fell by 0.2% in real terms between January-March ...
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ArticleTata Steel offers to pay £550m to British Steel pension scheme
Manufacturing organisation Tata Steel has offered to pay £550 million to the British Steel pension scheme (BSPS) to meet conditions of a regulated apportionment arrangement (RAA), which has been agreed in principle.The defined benefit (DB) pension scheme closed to future accrual on 31 March 2017 following a consultation process. In ...
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ArticleEXCLUSIVE: 39% believe their employer cares about their financial wellbeing
EXCLUSIVE: More than one third (39%) of employee respondents feel their employer cares about their financial wellbeing, according to research by Neyber.Its The DNA of financial wellbeing 2017 report, which surveyed 10,004 employees and 516 HR directors, also found that 75% of employer respondents believe their employees feel as though ...
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ArticleDo not miss Employee Benefits Wired: Supporting financial wellbeing
Employee Benefits Wired: Supporting financial wellbeing, presented in association with Neyber, will be broadcast live at 11am on Thursday 25 May 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 factors that influence employees’ financial wellbeing, ...
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Article43% think their employer puts business results ahead of employee wellbeing
More than two in five (43%) employee respondents think their employer puts business performance and organisation results ahead of employee health and wellbeing, according to research by Aviva.Its Working lives report, which surveyed 1,500 UK private sector employers and 6,000 UK private sector employees, also found that 77% of employer ...