All Article articles – Page 463
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Article54% value a good work-life balance more than pay and benefits
More than half (54%) of respondents value a good work-life balance above everything else in their jobs, including pay and benefits, according to research by Coople.Its survey of 2,000 UK employees also found that almost a third (30%) of respondents feel work has caused them to feel stressed and unhappy.The ...
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ArticleCancer Research UK launches bespoke online benefits platform
Cancer Research UK is launching a bespoke online benefits platform that integrates its employee engagement, discounts, and reward and recognition schemes.The new platform, provided by Xexec, will see Cancer Research UK move from a paper-based reward and recognition system to an online scheme.The portal will enable the charity to celebrate ...
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ArticleGovernment increases master trust protections and moves to cap early exit fees
The government has published its new Pension Schemes Bill, which lays out stricter operating criteria for master trusts and begins the process of capping early exit charges for members of workplace pension schemes.The bill, published yesterday (20 October 2016), aims to boost consumer protections by creating a new approval regime ...
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ArticlePR organisation advertises for employee with psychopathic traits
Something for the weekend: An attractive remuneration package is always a draw when looking for a new job, however, candidates who apply for marketing and PR organisation Radio Relation’s new business media sales executive position could be at an advantage financially if they display psychopathic tendencies.The unique job posting lists ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 13 and 19 October 2016 were: Employee Benefits Live 2016 speaker slidesTesco staff to take legal action over reduced payEmployment tribunal rules on comparability of roles in Asda equal pay case53% would prefer flexible-working arrangements to a pay riseAdmiral introduces home-moving ...
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ArticleLouise’s lowdown: Government steps up executive pay scrutiny
On 16 September, the Business, Innovation, and Skills (BIS) committee launched an inquiry into corporate governance, which will remain open to submissions until 26 October. One of the areas of focus for the inquiry is board composition, including the question of worker representation in the boardroom and on remuneration committees, ...
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Article31% of London-based staff feel least motivated at Christmas
Almost a third (31%) of London-based respondents feel least motivated at Christmas, over any other time of year, according to research by Sodexo Benefits and Rewards Services.Its survey of 1,000 UK employees also found that 41% of respondents who are based in London would feel motivated to work harder if ...
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ArticleTotal pay increases by 2.3%
Total pay, including bonuses, increased by 2.3% in Great Britain between June-August 2015 and June-August 2016, according to the Office for National Statistics (ONS).Its UK labour market: October 2016 report also found that for August 2016, average regular pay, excluding bonuses, was £474 a week before tax and pay deductions. ...
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ArticleNationwide Building Society introduces retirement planning tool for staff
Nationwide Building Society has launched an online retirement planning tool for the 12,000 employees in its defined contribution (DC) pension scheme.The organisation has introduced the Guided Outcomes tool, provided by Hymans Robertson, to help educate DC pension scheme members about how much money they might need in retirement and what ...
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ArticleMayor of London orders pay audit at City Hall and Mayoral bodies
The Mayor of London Sadiq Khan has ordered an audit into pay and employment practices at City Hall and Mayoral bodies to ensure all staff are paid the London living wage.The audit follows the discovery that 18 contracted cleaning and security staff at the London Transport Museum were paid less ...
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ArticleZurich commits to Women in Finance Charter
Insurance organisation Zurich has signed up to the Women in Finance Charter, which aims to improve gender diversity within the financial services industry.The charter, which is a voluntary initiative launched by the government in March 2016, commits financial organisations that sign up to link the remuneration packages of their executive ...
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ArticleGovernment cancels plans for secondary annuity market
The government has cancelled its plans to create a secondary annuity market on the grounds that sufficient consumer protections could not be balanced with the development of a competitive market.After discussions with industry experts, financial regulators and consumer groups, government officials reached the conclusion that creating the conditions for a ...
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Article45% would welcome wearable technology in the workplace
Just under half (45%) of respondents would welcome the introduction of wearable technology in the workplace, according to research by PMI Health Group.The research, which surveyed 1,197 UK adults aged between 18 and 64 years old, also found that 40% of respondents would object to sharing personal, health-related data generated ...
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ArticleTesco staff to take legal action over reduced pay
A group of long-serving Tesco employees are set to take legal action against the supermarket chain over a reduction in pay for working weekends, bank holidays and nights.The changes in pay form part of a two-year pay deal announced in February 2016, which included a new approach to premium payments. ...
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Article18% of working mums leave their jobs because of a declined flexible-working request
Almost a fifth (18%) of working mother respondents have been forced to leave their jobs because a flexible-working request has been turned down, according to research by Workingmums.co.uk.Its survey of 2,000 women also found that 50% of respondents who are currently on maternity leave believe that childcare costs could prevent ...
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ArticleSallie Mae extends paid parental leave to 12 weeks
US-based college finance organisation Sallie Mae has enhanced its parental leave policy to offer up to 12 weeks of fully-paid leave for employees who are new parents.The organisation, which employs more than 1,200 members of staff in the US, will now offer 12 weeks of parental leave at full pay ...
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9: Industry insight - Pensions versus property: Simplicity and saving
The debate between the virtues of investing in a pension, or in a property when planning for retirement has raged fiercely recently. The Bank of England’s chief economist, Andy Haldane, fanned the flames of the discussion by suggesting that the best way to save for a retirement “ought to be ...
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ArticleLouise Ward: How can employers support wellbeing in the gig economy?
A growing number of employers in Britain support their staff with a variety of wellbeing initiatives. However, only permanent staff tend to benefit from the increasingly popular direct wellness programmes, such as subsidised gym membership, healthcare, lifestyle advice, and subsidised healthy meal options, as well as from professional and personal ...
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ArticleDaniel Tomlinson: How can employers support wellbeing in the gig economy?
Working in the gig economy can be a liberating experience. Freed from the rigidities of the nine-to-five life, individuals find that they are able to enjoy work at a pace that suits them. For many, gig work and its associated flexibility is a wellbeing boost in and of itself.But for ...
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ArticleUrsula Huws: How can employers support wellbeing in the gig economy?
The explosive growth of the ‘platform economy’ has taken many by surprise. In a matter of a few months, organisations such as Uber, Handy, Deliveroo and Taskrabbit have sprung from obscurity to become household names, while employers seeking freelancers have stopped using specialist directories or searching in the Yellow Pages ...