All Article articles – Page 460
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Standard Life pays UK staff living wage
Global investment organisation Standard Life will pay all UK staff the new voluntary living wage rates from 16 November 2016.Accredited as a living wage employer in 2014, Standard Life will implement the pay increases ahead of the suggested May 2017 deadline, ensuring that all employees, interns and contracted staff based ...
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EXCLUSIVE: 56% cite uncertainty around how best to access pension benefits as a retirement concern
EXCLUSIVE: More than half (56%) of employer respondents believe uncertainty about how to make the best decisions when accessing pension benefits is an area of concern for employees, according to research by Employee Benefits and Close Brothers.While this continues to top the list of retirement concerns affecting respondents’ workforces, it ...
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74% view wellbeing programmes as a key part of their employee value proposition
Almost three quarters (74%) of employer respondents believe their wellbeing programme is an important element of their employee value proposition, according to research by Xerox HR Services.Its Working well: a global survey of workforce wellbeing strategies report, which surveyed 428 organisations across 33 countries, also found that 52% of respondents ...
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Domestic and General launches employee recognition scheme in run up to Christmas
Appliance care organisation Domestic and General has launched an employee reward and recognition initiative to motivate staff in the run up Christmas.The People First During Peak programme aims to support staff at the organisation's Nottingham, Bedworth and Brighton contact centres, and to thank them for their hard work in the ...
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86% of employees who have more good days at work feel appreciated
More than three quarters (86%) of respondents who have more good days at work feel appreciated, compared to 60% of respondents who do not have as many good days at work, according to research by Robertson Cooper and the Bank Workers Charity (BWC).The What is a good day at work? ...
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Chicago Cubs give fans excuse note to miss work for World Series final
Something for the weekend: Sporting events often have the power to bring entire offices to a standstill, whether it's the England football team playing in the World Cup or Andy Murray competing in a centre court final at Wimbledon.However, US baseball team Chicago Cubs took this a step further by ...
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Confessions of a benefits manager: Candid gets creative with budgets
Last year I escaped the job of putting together the department budgets. Inexplicably, Big Bad Boss had given this task to my colleague Lazy Susan, which is rather like asking a toddler to make a wedding cake. Now she is away, it has fallen back to me. I look at ...
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The Pensions Regulator begins enforcement action over BHS pension scheme
The Pensions Regulator (TPR) has formally commenced enforcement action against parties it believes to be liable to support the British Home Stores (BHS) pension scheme.TPR has sent warning notices to Sir Philip Green, Taveta Investments, Dominic Chappell, and Retail Acquisitions. These notices comprise arguments and evidence as to why TPR ...
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Top 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 27 October and 2 November 2016 were: London-based staff can ride a unicorn to workEverton Football Club to pay all staff the living wageVoluntary living wage rises to £8.45 an hourNew categories unveiled for Employee Benefits Awards 2017Tribunal rules Uber drivers ...
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FTSE 350 defined benefit pension deficit falls to £149bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 listed organisations fell from £152 billion at the end of September 2016 to £149 billion on 31 October 2016, according to research by Mercer.Its Pension risk survey, which is based on analysis and projections of FTSE ...
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38% would feel valued if given their chosen Christmas perk
More than a third (38%) of respondents would feel valued by their organisation if they received their chosen Christmas perk, according to research by Sodexo Benefits and Rewards Services.Its survey of 1,000 employees also found that 34% of respondents find balancing work with family activities and Christmas shopping over the ...
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10% of line managers feel they have received sufficient mental health training
Just 10% of line manager respondents feel they have had sufficient training to deal with mental health problems at work, according to research by the Mental Health Foundation and Unum.The Added value: mental health as a workplace asset report, which surveyed 1,000 employees with lived experience of mental health problems ...
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48% take steps to discourage presenteeism
Around half (48%) of employer respondents have taken steps to discourage presenteeism, according to research by the Chartered Institute of Personnel and Development (CIPD) and Simplyhealth.The 2016 Absence management survey, which surveyed 1,000 employers, also found that 72% of respondents have observed presenteeism in their organisation, and 29% have witnessed ...
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Sky and Vodafone awarded for gender diversity and family-friendly policies
Lloyds Banking Group, Sky and Vodafone were among the organisations recognised for their family-friendly policies and support for gender diversity at the annual Workingmums.co.uk Top Employer Awards on 1 November 2016.The awards are designed to showcase organisations that support gender diversity, female career progression, and family-friendly working practices, such as ...
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EXCLUSIVE: 75% do not have a policy to manage employee stress
EXCLUSIVE: Three quarters (75%) of employer respondents do not have a policy in place to manage stress, according to research by Jelf Employee Benefits.Its survey of 124 organisations also found that 85% of respondents believe employee stress will be an increasing people risk for their business.The research also found:73% of ...
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Cambridge City Council and Ikea named living wage champions 2016
Cambridge City Council and Ikea are among the organisations who have won a Living Wage Champion Award 2016, in recognition of their efforts in implementing, promoting and celebrating the voluntary living wage in their respective regions.The Living Wage Foundation's annual awards celebrate accredited living wage employers, recognised service providers or ...
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Court of Appeal confirms inclusion of commission in holiday pay in British Gas case
The Court of Appeal has confirmed that commission-based earnings should be included in holiday pay calculations in the case of British Gas v Lock.Lock, previously a sales representative for British Gas, raised a complaint against the energy organisation for an alleged unlawful underpayment of his wages of £1,500 due to ...
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Advo Group acquires HR Experts
Employee benefits organisation Advo Group has acquired HR Experts, which was previously part of Broker Direct.Advo Group has acquired the HR consultancy as part of its aim to establish itself as a provider of online technology systems for payroll, benefit management and communication.The acquisition also aims to enhance HR Expert's ...
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47% believe flexible working hours can reduce workplace stress
Just under half (47%) of respondents believe that the introduction of flexible working hours would help to reduce workplace stress, according to research by Cascade HR.Its Stress report 2016, which surveyed 1,011 UK full and part-time employees, also found that 39% of respondents would value an early finish on Fridays ...
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Benefits and long-term business strategy go hand in hand
In today’s business world, there is often a mismatch between employees’ expectations and focus, and organisations’ overarching business strategies and goals. The demise of the appeal of a job for life and the fast pace of roles in many workplaces, means it can be all too easy for employees to ...