All Article articles – Page 477
-
ArticleEXCLUSIVE: Freepoint Commodities boosts staff engagement with pensions
EXCLUSIVE: Commodity trading organisation Freepoint Commodities has seen 45% of UK employees who are members of its workplace pension scheme check their pensions online on a monthly basis since the launch of a new group pension and workplace savings platform in January 2016.The organisation introduced the new group self-invested personal ...
-
Article94% would promote staff without giving pay rise
The majority (94%) of senior finance executive respondents would give an employee a promotion without offering additional remuneration, according to research by Robert Half UK.The research, which is based on interviews with 200 chief financial officers and finance directors in the UK, also found that around a third (30%) of ...
-
ArticleUK EXCLUSIVE: Arthur J Gallagher acquires Orb Financial Services
UK EXCLUSIVE: Arthur J Gallagher has acquired Surrey-based employee benefits organisation Orb Financial Services.Orb provides employee benefits consultancy and broker services, including group risk and healthcare, flexible benefits, benefit communications, workplace pension schemes, travel and dental protection, as well as key person and partnership protection.The acquisition is aimed at bringing ...
-
ArticlePension Protection Fund compensation cap queried in court
The Court of Appeal has referred the Hampshire v The Board of the Pension Protection Fund legal case to the EU (European Union) Court of Justice for a final ruling regarding the compensation limits that restrict the retirement remuneration given to former staff of insolvent employers.The compensation cap that is ...
-
Article37% increase in employees seeking work-related stress support
The number of calls concerning work-related stress that employees made to Canada Life Group Insurance's employee assistance programme (EAP) service increased by more than a third (37%) year on year, according to research by Canada Life Group Insurance.The research, which was based on calls between January and May 2016 made ...
-
Article79% of millennials believe benefits would make them more loyal to employer
More than three-quarters (79%) of millennial respondents believe that receiving benefits would make them more loyal to the organisation they work for, according to research by BrightHR.The It pays to play study, which surveyed 2,023 people, also found that 45% of 16-25 year old respondents receive workplace reward and benefits ...
-
ArticleSavers access £6.1bn through pension flexibilities
Savers have received flexible pension payments worth a total of more than £6.1 billion since the introduction of the pension flexibilities in April 2015, according to data from HM Revenue and Customs (HMRC).Its Flexible payments from pensions: July 2016 statistical bulletin found that between April and June 2016 approximately 159,000 ...
-
ArticleRoyal College of Nursing celebrates centenary with year-long staff activity programme
The Royal College of Nursing (RCN) is running a year-long programme of engagement activities for its staff to mark its 100th birthday, including a reward scheme, walks and runs, and a number of charity initiatives.In recognition of the role employees have played over its 100-year history, the RCN introduced a ...
-
ArticleB.Braun Medical holds employee wellbeing activity week
B.Braun Medical held a week-long bespoke activity event for staff, featuring sessions such as self-defence classes and relaxation techniques.The Sheffield-based healthcare organisation, which employs 550 members of staff, sought to engage employees in activities that targeted work-related and personal development, as well as work-life balance.The ‘Learnfest’ week took place between ...
-
ArticleLouise’s lowdown: Closing the gender pay gap requires a multi-pronged approach
In its Gender pay reporting survey, published in June 2016, Mercer asked organisations to list concerns about the implications of the gender pay reporting requirements in order of priority. The concerns that most frequently ranked in respondents’ top three all revolve around risk in some form: reputational risk (61%), equal ...
-
ArticleHR professionals are the most ‘hangry’
Something for the weekend: Whether you are clock watching for your lunch hour or whether you get the munchies mid-afternoon, being hungry at work can impact your mood, with 34% of respondents feeling stressed when hungry, according to research by Tastecard.The survey of 1007 Brits also found that HR professionals ...
-
ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 21 and 27 July 2016 are: Majestic Wine CEO shares £7m bonus with staffHMRC cleaners strike over pay48% feel benefits package is not tailored to their needsFirst Leeds bus drivers to strike over pay91% would engage in healthier behaviours if rewardedBritish ...
-
ArticleTotal enhances employee shareholder proposition
Global energy organisation Total, which employs 96,000 members of staff, has made changes to its employee shareholder proposition.From 2017, employees will be given the option to purchase shares with a discount of up to 20% every year instead of every two to three years. The organisation will match the first ...
-
Article40% of expats move abroad for better work-life balance
Four in 10 (40%) expatriate respondents cite a better work-life balance as the main driver for moving abroad, according to research by Axa PPP International.The survey of 502 expatriates also found that 83% of respondents are worried about finding a good doctor in their new country of residence.The research also ...
-
Article6.1 million employees have been auto-enrolled into a pension scheme
More than 6.1 million UK employees have been automatically enrolled into a pension scheme since 2012, according to research by The Pensions Regulator (TPR).Its Automatic-enrolment: commentary and analysis report, which covers the period from April 2015 to March 2016, also found that two-thirds (66%) of employees are active members of ...
-
ArticleHow to determine which group risk benefits best suit an organisation
Need to knowMany employers take a one-size-fits-all approach to group risk benefits, but some offer employees choice through flexible or voluntary benefits schemes.Employers can use data sets such as claims data, absence data and occupational health data to form a health-risk profile, which can then determine which group risk benefits ...
-
ArticleThe month in numbers: June 2016
A round-up of some of the key facts and figures in June 2016:32% of employer respondents in the UK use group risk benefits to attract and retain key members of staff (Source: Group Risk Development) bit.ly/28IPzwc54% of respondents offer flexible-working initiatives (Source: Employee Benefits/Xerox HR Services) bit.ly/28IQnzw61% of employer respondents ...
-
ArticleMajestic Wine CEO shares bonus with staff
Majestic Wine chief executive officer Rowan Gormley has requested that his share award bonus be distributed among 493 eligible employees, potentially netting each member of staff approximately £14,000.The share awards will take the form of a one-off payment to current employees who are members of the organisation’s long-term incentive plan, ...
-
ArticleUK wages drop by 10.4%
Employees in the UK have seen their real wages fall by 10.4%, according to research by the Trades Union Congress (TUC).The research, which looked at real wage change and employment rate change for countries within the Organisation for Economic Cooperation and Development (OECD) between 2007 and 2015, found that the ...