All Article articles – Page 432
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ArticleCity of London Corporation achieves 9% take-up of stair climbing challenge
The City of London Corporation achieved a 9% take-up rate for its first employee stair climbing challenge.The challenge, which took place between 23 January and 17 February 2017 in conjunction with StepJockey, aimed to encourage employees to collectively climb to the summit of Mount Everest using the stairs within the ...
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ArticleFinancial Conduct Authority consults on new financial advice factsheet for employers
The Financial Conduct Authority (FCA) has launched a consultation on proposed guidelines designed to clarify the regulatory framework around financial advice, including the development of a factsheet for employers and pension trustees.The consultation is based around four of the recommendations made in the Financial Advice Market Review (FAMR), which was ...
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ArticlePalm Beach County to introduce six weeks' paid parental leave for staff
Palm Beach County is to introduce paid parental leave for state staff.The new benefit, which will come into effect at the end of April, will enable eligible employees to take six weeks of parental leave at full pay for the birth, adoption or fostering of a child. The benefit will ...
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ArticleMore than 500,000 employers complete their auto-enrolment duties
More than half a million (503,178) UK employers have completed their pensions auto-enrolment duties as of 31 March 2017, according to research by The Pensions Regulator (TPR).Its Declaration of compliance report, which is based on information submitted by employers when they complete their declaration of compliance documentation, also found that ...
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ArticleStarbucks China to introduce critical illness insurance for employees’ parents
International coffee organisation Starbucks is to launch a new parent care programme in China, providing employer-paid critical illness insurance for the parents of its full-time employees.The benefit, effective from 1 June 2017, will be available to parents of full-time employees who have at least two years’ service and who work ...
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ArticleUS security firm UAT Group launches paid bereavement and family leave benefits
US security and defence organisation Umbra Applied Technologies (UAT) Group has introduced paid bereavement leave and paid family sick leave as part of its revamped employee benefits package.Under the new bereavement leave policy, employees will be able to take 10 days of paid leave to grieve for an immediate family ...
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16-17: Technology
How respondents usually source benefits technologyThey go direct to a provider 52%Via a broker 36%Via a pensions provider 3%Other 9%Sample: All respondents (225)What respondents look for in benefits technologyEase of use 88%Functionality 81%Low cost 62%Integration with other systems 61%Data security 58%Data analysis 52%Automation 46%Communications support 44%Governance 36%Outsourcing 8%Sample: All respondents ...
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18-19: Employee engagement
How respondents measure employee engagementAnnual employee survey 66%Pulse style research 23%They do not measure employee engagement levels 16%Employee engagement platform 11%Bi-annual employee survey 4%Other 7%Sample: All respondents (169)What respondents see as the main barriers to improving employee engagement in their organisationBudget 53%Time or resource 43%Lack of executive or senior management ...
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12-14: Strategy
Why respondents’ organisations offer benefitsThey are an effective retention tool 82%They are an effective recruitment tool 81%To support employee health and wellbeing 80%They support the employer brand 61%Because their industry or regional competitors do 49%They promote work-life balance 48%They are seen as entitlement by staff 39%They have to by law ...
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ArticleGlaxoSmithKline and Liverpool Victoria shortlisted for benefits team of the year
GlaxoSmithKline, Liverpool Victoria, and Sandwell Metropolitan Borough Council are among the organisations that have been shortlisted in the benefits team of the year category at the Employee Benefits Awards 2017.The award, sponsored by Conduent HR Services, celebrates the achievements of an in-house benefits team that works together to deliver benefits ...
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Article14% plan to ask for a pay rise in 2017
More than one in 10 respondents (14%) plan to ask for a pay rise in 2017, according to research by job site Adzuna.Its survey of 700 jobseekers also found that 38% of male respondents plan to ask their employer for both a pay rise and a promotion in 2017, compared ...
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ArticleRoyal London gains living wage accreditation
Pensions and investment organisation Royal London has been accredited as a living wage employer by the Living Wage Foundation, committing to pay its 3,253 UK-based employees the voluntary living wage.Effective from 1 April 2017, both permanent employees and third-party contractors at Royal London receive the voluntary living wage rate of ...
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6-9: Benefits offered
Share schemesJust under a third (29%) of respondents offer share schemes or share options to their employees, and a further 17% offer shares or share options to staff at senior or executive level only, according to the Employee Benefits/Staffcare Benefits research 2017.This leaves more than half (54%) of respondents’ organisations ...
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ArticleEmployee Benefits shortlisted for Pensions/Benefits Publication of the Year 2017
Employee Benefits has been shortlisted in the Pensions/Benefits Publication of the Year category at the Willis Towers Watson Media Awards 2017.The winner of this category is decided by public vote among readers in the HR and benefits industry. We would be delighted to receive your vote to help us retain ...
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ArticleFTSE 350 defined benefit pension deficit falls to £133bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 organisations fell from £137 billion at the end of February 2017 to £133 billion on 31 March 2017, according to research by Mercer.Its Pensions risk survey, which is based on projections and analysis of FTSE 350 ...
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ArticleSalesforce conducts $3m salary adjustment following equal pay assessment
Global cloud-based technology organisation Salesforce has spent approximately $3 million (£2.4 million) on salary adjustments to address unexplained differences in pay.The organisation adjusted the salaries of 11% of its employees, effective from 1 April 2017.The pay amendments follow the organisation’s second equal pay audit, which assessed staff salaries and bonuses ...
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ArticleBNP Paribas and Sage shortlisted for most engaging benefits proposition
BNP Paribas and Sage are among the organisations shortlisted in the most engaging benefits proposition category at the Employee Benefits Awards 2017.The award, sponsored by Personal Group, recognises an employer that has used benefits within its wider strategy to engage employees with the organisation.The full category shortlist is:BNP Paribas, Spectrum: ...
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ArticleLuxurious office to deliver champagne and sushi to staff desks
Something for the weekend: An office’s location and its amenities often form part of the decision-making process when an individual is considering a new job, but how far would desk-delivered luxury beverages rank up an employee's list of office enticements? Enstar Capital is pulling out all the stops for its ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 30 March and 5 April 2017 were: Government legislates for changes to salary sacrifice arrangementsThe tax and legislation changes impacting reward from April 2017Merlin Entertainments advertises for Lego model designer41% want to receive childcare vouchers through salary sacrificeUnum launches online financial ...