All Article articles – Page 431
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EXCLUSIVE: 43% do not provide regular benefits communications
EXCLUSIVE: More than two-fifths (43%) of employer respondents do not provide regular updates on their employee benefits offering to staff, according to research by Chase de Vere and Lightbulb.The survey of 300 senior HR decision makers also found that 23% of respondents provide employee benefits because they believe a competitive ...
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Asda, DS Smith and Samsung shortlisted for best benefits communication
Asda, DS Smith, Samsung, and The Mid Yorkshire Hospitals NHS Trust are among the organisations shortlisted in the best benefits communications, large employer category at the Employee Benefits Awards 2017.This award recognises the most effective benefits communication strategies implemented by large employers with more than 5,000 staff.The full category shortlist ...
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New Zealand government offers $2bn pay settlement to 55,000 care staff
The New Zealand government has offered to increase pay for 55,000 employees in the care and support sector as part of a $2 billion (£1.1 billion) five-year pay equity settlement.The pay increases, which would come into effect from 1 July 2017, would see affected care staff awarded a pay increase ...
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Penguin Random House UK to pay work experience candidates the national living wage
Publishing organisation Penguin Random House UK will pay all work experience participants the national living wage and offer accommodation support for candidates that live outside of London.The London-based organisation will provide a salary of £262.50 a week to participants on its two-week work experience programme, which includes 450 work experience ...
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Celebrate success at the Employee Benefits Awards and Summer Party
Excitement is building for the Employee Benefits Awards and Summer Party 2017, which will take place on Friday 9 June at the Artillery Garden at the HAC, London.The annual event, now in its 15th year, enables HR, reward, benefits and compensation professionals to come together and recognise best practice across ...
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Pensions Ombudsman rejects Standard Life employee's transfer value complaint
The Pensions Ombudsman has rejected a complaint by a Standard Life employee, which claimed that the organisation mishandled his request for a new cash equivalent transfer value (CETV).The complainant, referred to as Mr T, was a deferred member of The Standard Life staff pension scheme. In March 2016, he requested ...
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How to support employees affected by suicide
Need to know:A clear commitment to employee wellbeing can help to erode the stigma around suicide and mental ill-health and encourage staff to engage with support services.Communication and training is key to ensuring employees and line managers have a good understanding of the benefits available to them and how to ...
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The month in numbers: April 2017
A look at some of the facts and figures relating to employee benefits in April 2017:86% of voluntary living wage accredited employer respondents believe that accreditation has enhanced their reputation as an employer (Source: Living Wage Foundation/Cardiff Business School)74% of employee respondents believe that a traditional office working environment detracts ...
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Rachael Saunders: How can employers support older staff in the workplace?
By 2022, it is estimated that there will be a skills gap of 7.5 million jobs, according to the Chartered Institute of Personnel and Development's March 2012 report Managing a healthy ageing workforce: a national business imperative. To address this, businesses urgently need to encourage and enable older people to ...
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Andrew West: How can employers support older staff in the workplace?
The government’s Fuller working lives strategy identifies the need for employers to support older workers, not just to stay in work, but to continue developing, learning and changing jobs, even changing careers.The issues it raises are myriad, but the trap is in assuming that as employers we can somehow consider ...
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Brian Beach: How can employers support older staff in the workplace?
The need to identify policies and strategies to retain older workers will grow ever more crucial into the future as the age profile of the labour market changes. The missing million: recommendations for action research, published in April 2015, by the International Longevity Centre – UK (ILC-UK) in our Missing ...
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12m people covered by group risk schemes in 2016
More than 12 million individuals were covered by group risk schemes at the end of 2016, according to research by Swiss Re.Its Group watch 2017 report, which is based on data collected from 16 providers in the group risk market in the UK and 18 employee benefits consultancies, also found ...
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Total pay increases by 0.2% in real terms
Total pay, including bonuses, increased by 0.2% in real terms in Great Britain between December 2015-February 2016 and December 2016-February 2017, according to research by the Office for National Statistics (ONS).Its UK labour market: April 2017 report, also found that regular pay, excluding bonuses, increased by 0.1% in real terms ...
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Royal Mail to close defined benefit pension scheme to future accrual
Postal organisation Royal Mail has confirmed that it will close its defined benefit (DB) pension scheme to future accrual.The organisation will close the Royal Mail pension plan to future accrual from 31 March 2018, subject to trustee approval.The closure follows a consultation process, which formed part of the organisation’s 2018 ...
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Assurant and Countrywide shortlisted for best voluntary benefits
Assurant and Countrywide (pictured) are among the organisations shortlisted in the the best voluntary benefits category at the Employee Benefits Awards 2017.This award celebrates the most effective use of a voluntary benefits plan and staff deals within an organisation.The full category shortlist is:Assurant, My Benefits (Entered by Computershare)Countrywide, Under One ...
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69% believe eyecare benefits can look after and save eyesight for staff aged over 40
More than two-thirds (69%) of employer respondents believe providing an eyecare benefit for staff aged over 40 is relevant for helping to look after and save eyesight, according to research by Specsavers Corporate Eyecare.Its survey of 1,007 employees and 502 employers also found that 52% of employer respondents believe that ...
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Top 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 6 and 12 April 2017 were: Luxurious office to deliver champagne and sushi to staff desksSalesforce conducts $3m salary adjustment following equal pay assessmentGlaxoSmithKline and Liverpool Victoria shortlisted for benefits team of the yearEXCLUSIVE: Hologic launches online financial education programmeGovernment consults ...
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15 Industry insight: Thinking to the future: 2020 – same issues or new ones?
I have been privileged to have had the opportunity to work outside the UK for the last four years with my last role in Asia running global benefits for a multinational bank. Each year though, I read Employee Benefits’ Benefits research in detail because it gave me a good independent ...
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2 Sponsor's comment: Benefits in the digital age
Employee expectations and engagement. Multi-generational workforces. Advancements in technology. Being an employer of choice. Aligning benefits with business strategy. Salary sacrifice changes.These are all key challenges for HR according to the Employee Benefits/Staffcare Benefits research 2017. Some are old, some are new but they still keep many awake at night.Today, ...
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2 Sponsor's comment: Benefits in the digital age
Employee expectations and engagement. Multi-generational workforces. Advancements in technology. Being an employer of choice. Aligning benefits with business strategy. Salary sacrifice changes.These are all key challenges for HR according to the Employee Benefits/Staffcare Benefits research 2017. Some are old, some are new but they still keep many awake at night.Today, ...