All Article articles – Page 466
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ArticleFTSE 350 pension deficit falls to £152bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed organisations fell from £160bn in August 2016 to £152bn in September 2016, according to research by Mercer.Its Pensions risk survey, which is based on analysis and projections of FTSE 350 organisations’ financial statements adjusted from ...
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Article65% would take a pay cut for a better work-life balance
Almost two-thirds (65%) of UK employee respondents would take a pay cut in exchange for a better work-life balance, according to research by LinkedIn.Its Work satisfaction survey, which surveyed 10,000 employees and 3,700 HR professionals across eight countries, including 3,001 employees and 517 HR professionals in the UK, also found ...
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ArticleEXCLUSIVE: Working Families to discuss shared parental leave at Employee Benefits Live
Work-life balance charity Working Families will discuss what organisations can do to increase take up of shared parental leave at Employee Benefits Live 2016.Sarah Jackson (pictured), chief executive at Working Families, will speak alongside Wendy Jepson, HR policy and compliance partner at Siemens, in a session titled How to boost ...
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ArticleLaw firm Gateley launches employee sharesave scheme
Law firm Gateley has introduced a sharesave scheme for its employees.The sharesave scheme forms part of the organisation's growth strategy following its flotation on the Alternative Investment Market (AIM) of the London Stock Exchange in 2015.The share scheme, which launched in September 2016, was communicated to staff at Gateley’s annual ...
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ArticleEXCLUSIVE: BT to consolidate benefits in global online platform
EXCLUSIVE: BT is to bring all of its employee benefits together in one place with the launch of a new online benefits portal.Following BT’s acquisition of EE in January 2016, the organisation has been using three separate benefits platforms. Its introduction of the new platform, provided by Benefex, is aimed ...
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Article21% are concerned about the performance of their workplace pension scheme
More than a fifth (21%) of respondents are concerned about how their workplace pension scheme has performed over the past two years, according to research by employee benefits organisation Portus Consulting.Its survey of 1,043 UK employees also found that 27% of respondents would welcome guidance on retirement planning from their ...
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ArticleCurrent government consultations could impact employee benefits strategies
A round-up of current government consultations with a bearing on employee benefits:Tax-efficient benefitsHM Revenue and Customs has launched a consultation to examine the potential impact on employers and employees should the government change the way the benefits code applies when a benefit in kind (BIK) is provided in conjunction with ...
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ArticleEXCLUSIVE: BDO to present benefits overview at Employee Benefits Live
Accountancy and business advisory organisation BDO will discuss the basic principles around employee benefits programmes at Employee Benefits Live 2016.Debbie Thomson (pictured), head of HR operations at BDO Services, will present the session Back to benefits basics, alongside Dominic Cole-Morgan, group reward and employee policy director at Standard Life, on ...
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ArticleDeloitte and Ministry of Justice among Top Employers for Working Families
American Express, Deloitte, Ministry of Justice, and Southdown Housing Association are among the Top 10 Employers for Working Families, according to work-life balance charity Working Families.The rankings are based on Working Families' Top employers for working families benchmark report 2016, in association with Computershare, which examines how organisations support the ...
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Article63% feel obliged to put organisational interests ahead of staff wellbeing
Almost two-thirds (63%) of manager respondents feel that they are required to put the interests of the organisation above the wellbeing of their team, according to research by Business in the Community (BITC).Its Mental health at work report, which is based on a survey of 3,036 UK employees, a public ...
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Article65% expect their employer to provide guidance on benefits
Almost two-thirds (65%) of respondents expect their employer to provide guidance on the employee benefits available to them and how appropriate each benefit is for them and their family, according to research by Capita Employee Benefits.Its Employee insight report 2016-17, which surveyed 3,006 UK employees, also found that 69% of ...
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ArticleIs there a place for personalisation in a benefits strategy?
Need to know:The definition of personalisation has changed and is now data driven.The personalisation of benefits helps to empower employees to perform at their best at work.Challenges to the increasing use of personalised benefits packages include many employers' desire for standardised benefits systems, particularly in large, multi-national organisations.The initial personalisation ...
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ArticleEXCLUSIVE: Countrywide to discuss cost-efficient benefits strategies at Employee Benefits Live
EXCLUSIVE: Countrywide will discuss how to structure and implement a cost-efficient benefits strategy at Employee Benefits Live 2016.Neil Goodwin (pictured), head of reward, human resources, at Countrywide, will present the session on cost-efficient benefits strategies as part of the benefits on a budget conference stream on Wednesday 12 October 2016.During ...
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ArticleGovernment orders review of employment practices in changing world of work
Prime minister Theresa May has ordered an independent review into the impact of new work models on employment practices, such as pay and pensions.The review will examine how changes in the labour market and economy are affecting employers and employees, and how flexibility can be maintained while supporting employee rights ...
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Article38% believe low morale causes workplace stress
More than a third (38%) of respondents believe that low morale in the workplace is a cause of stress at work, according to research by CV Library.Its survey of 1,200 UK employees also found that more than half (53%) of respondents feel that stress is an issue in the organisation ...
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ArticleNational minimum wage rises to £6.95
The national minimum wage has increased from £6.70 to £6.95 an hour for employees aged 21-24 years old.The higher national minimum wage rates, which came into effect on 1 October 2016, include a 25p increase for 21-24 year olds and 18-20 year olds, a 13p rise for 16-17 year olds, ...
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ArticleDefined benefit pension deficit falls to £690bn
The deficit for UK defined benefit (DB) pension funds fell by £20 billion in September 2016, according to research by PricewaterhouseCoopers (PWC).Its Skyval index, which is based on the Skyval platform used by individual pension funds, found that the funding deficit was £690 billion in September 2016, compared to a ...
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ArticleCIPD and Engage for Success collaborate to progress engagement agenda
The Chartered Institute of Personnel and Development (CIPD) and Engage for Success are to collaborate with the aim of progressing the employee engagement agenda.The CIPD will become the prime sponsor of Engage for Success, a not-for-profit, voluntary movement dedicated to increasing understanding of employee engagement in the workplace.The collaboration seeks ...
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ArticleEXCLUSIVE: Frontier Agriculture to discuss employer branding at Employee Benefits Live 2016
Frontier Agriculture will discuss the role of HR in reinforcing an organisation’s values and employer brand at Employee Benefits Live 2016.Jon Berry (pictured), head of human resources at Frontier Agriculture, will speak alongside Tim Kensey, HR director at Birds Eye Iglo Group, and Rebecca Seymour, head of HR at Peugeot ...