All Article articles – Page 449
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Top 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 12 and 18 January 2017 were: Tribunal rules against Ministry of Justice in pensions discrimination caseLifetime Isa becomes law through Savings BillCharlton Morris introduces unlimited holiday for senior consultants31% believe their employer does enough to support mental health and wellbeingLeeds Trinity ...
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Lloyds Banking Group is 2017's most LGBT-inclusive employer in Britain
Lloyds Banking Group is the most inclusive employer in Britain for lesbian, gay, bisexual and trans (LGBT) employees, according to the Top 100 Employers list 2017, compiled by LGBT charity Stonewall.The list is based on submissions to benchmarking tool the Workplace equality index, through which employers demonstrate best practice in ...
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3 - leader
When gender pay gap reporting regulations come into effect from April 2017, HR and reward professionals in organisations with more than 250 employees will find themselves tasked with compiling data on gender pay and bonus inequalities in their business. As the people who are often responsible for taking measures to ...
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27% believe the salary sacrifice changes will damage employee engagement
More than a quarter (27%) of employer respondents believe that the limitations on salary sacrifice arrangements will damage employee engagement and employee relations, according to research by Jelf Employee Benefits.Its 2017 Jelf employment survey, which surveyed approximately up to 350 employers across England and Wales, also found that 47% of ...
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Total pay increases by 2.8%
Total pay, including bonuses, increased by 2.8% for employees in Great Britain between September-November 2015 and September-November 2016, according to the Office for National Statistics (ONS).Its UK labour market: January 2017 report also found that regular pay increased by 2.7% in nominal terms between September-November 2015 and September-November 2016. This ...
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How to help employees overcome the disconnect between their expected retirement savings and reality
Need to knowAuto-enrolment has improved take-up and membership of pensions but there is still a disconnect between the retirement income people aspire to and what they will actually achieve through saving.Online financial education tools have a part to play but on their own are not the answer; one-to-one and face-to-face ...
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A step-by-step guide to default investment fund reviews
Need to know: Default investment funds are now the norm, and should be regularly reviewed to help ensure they remain fit for purpose and comply with regulation.Any review should factor in the profile of the workforce, attitude to risk and likely retirement plans.Communicating the findings of a review can help ...
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Fleet Alliance acquires Neva Consultants
Vehicle funding and fleet management organisation Fleet Alliance has acquired a controlling interest in contract hire and leasing services business Neva Consultants.East Sussex-based Neva Consultants, which provides fleet services to both corporate and private customers, will continue to trade as a separate brand under the umbrella of Fleet Alliance Group, ...
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Atomic Weapons Establishment staff strike in pensions dispute
Atomic Weapons Establishment (AWE) employees who are members of trade union Unite are striking in a long-running dispute over changes to the organisation’s pension scheme.Around 600 managers, craft employees and manual staff are taking part in the 48-hour strike action, which began today (18 January 2017), at AWE sites in ...
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Adobe and Salesforce among best US workplaces in the technology sector
Adobe Systems, Edmunds, Salesforce and Ultimate Software are among the best US workplaces in the technology sector, according to Great Place to Work and Fortune.The Best Workplaces in Technology 2017 rankings are based on feedback from more than 42,000 employees at Great Place to Work-certified employers in the technology industry.The ...
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10% of employers believe their staff are saving enough for retirement
One in ten (10%) employer respondents believe their employees are saving enough for retirement, according to research by Wealth at Work.Its Pension changes survey, which polled 108 reward and benefits, HR and pension professionals, also found that 16% of respondents provide no support for employees at retirement, and 39% of ...
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Lifetime Isa becomes law through Savings Bill
The Lifetime Isa (Lisa) has been passed into law after the Savings (Government Contribution) Bill received Royal Assent yesterday (16 January 2017).The Lisa will be available from 6 April 2017 for those under 40 years-old.It will enable individuals to save up to £4,000 a year, with the government providing a ...
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73% believe employers should do more to support employee health
Almost three quarters (73%) of respondents believe employers should be doing more to support staff who are struggling with their physical or mental health, according to research by Bupa UK.Its survey of 2,000 UK employees also found that 64% of respondents feel they would be significantly more productive at work ...
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Tribunal rules against Ministry of Justice in pensions discrimination case
The London Central Employment Tribunal has ruled that the Ministry of Justice (MoJ) and Lord Chancellor has discriminated against judges in relation to changes to the judicial pension scheme.The case, which was brought by 210 judges, including six High Court judges, centres around the closure of the judicial pension scheme ...
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Parliamentary committee launches inquiry into workplace support for fathers
The Women and Equalities Committee has today (Monday 16 January 2017) launched an inquiry into how fathers can be better supported in the workplace to enable them to manage caring responsibilities more effectively.The inquiry, which will collect evidence until 1 March 2017, follows on from the Committee's Gender pay gap ...
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Leeds Trinity University launches health and wellbeing programme for staff
Leeds Trinity University has launched a new health and wellbeing initiative for its 450 academic and support staff.The university has introduced a new online wellbeing portal, Juice, to provide staff with free access to fitness and nutritional advice, information and articles, designed to help employees manage and improve their health ...
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69% of fathers would consider childcare needs before accepting a new job or promotion
More than a third (69%) of employee respondents who are fathers would consider their childcare needs before taking a new job or promotion, according to research by Working Families and Bright Horizons.The Modern families index 2017, which surveyed 2,750 UK parents, also found that 38% of respondents who are fathers ...
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88% of those who have experienced mental health problems have felt distressed at work
More than three quarters (88%) of respondents who have experienced mental health problems in the last five years have been through times where they felt distressed at work, according to research by Unum and the Mental Health Foundation.The survey of 1,000 people who have experienced mental health problems and 1,000 ...
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Charlton Morris introduces unlimited holiday for senior consultants
Executive search firm Charlton Morris has introduced unlimited holiday for its senior consultants to help staff achieve a better work-life balance.The Leeds-based organisation is offering unlimited holiday to consultants who have been with the business for two years or more as a way to reward staff for their continued hard ...
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Health Shield to acquire Prevent
Health cash plan provider Health Shield is to acquire health screening and occupational health organisation Prevent.The acquisition will provide Health Shield with further opportunities to grow within the employer health and wellbeing market, as well as broaden the organisation’s product offering and skills base.Both organisations' employer clients will be able ...