All Article articles – Page 479
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Article30% do not feel able to speak openly to their manager about mental health
Around one-third (30%) of respondents feel that they do not have a close enough relationship with their line manager to talk openly about their mental health, according to research by Westfield Health.The Mental resilience survey 2016, which polled 2,000 working adults across the UK, also found that 53% of respondents ...
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ArticleEmployment tribunal to hear Uber workers' rights cases
Two test cases will today (20 July 2016) be brought against taxi-app organisation Uber at the Central London Employment Tribunal, in order to determine whether drivers are entitled to employment rights such as holiday pay and a guaranteed minimum wage.The legal action, brought by law firm Leigh Day and supported ...
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ArticleTotal pay increases by 2.3%
Total pay, including bonuses, increased by 2.3% in Great Britain between March-May 2015 and March-May 2016, according to the Office for National Statistics (ONS).The UK Labour Market: July 2016 report also found that regular pay, in nominal terms and excluding bonuses, grew by 2.2% between March-May 2015 and March-May 2016.Average ...
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ArticleUS compliance news at a glance
A round-up of the latest compliance issues facing employers in the US:US government raises salary threshold for overtime payThe US Department of Labor has finalised a new overtime rule that extends the salary threshold for overtime pay eligibility. Employees who work more than 40 hours a week and earn less ...
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ArticleImperial Chemical Industries Pension Fund completes £750m buy-in
Imperial Chemical Industries (ICI) Pension Fund has completed a £750 million pension buy-in transaction with Legal and General.Of the pension scheme's £11 billion of total liabilities, £7 billion-worth of liabilities are now insured.This transaction follows similar buy-ins with both Scottish Widows and Prudential.Since 2014, the ICI Pension Fund and Legal ...
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ArticleRichard Harrington to fulfil pensions minister duties
Richard Harrington has been named parliamentary under secretary of state at the Department for Work and Pensions (DWP).Although it differs in name, the role will cover the duties previously performed by the minister of state for pensions.Baroness Ros Altmann served as minister of state for pensions between 2015 and 2016, ...
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ArticleEmployee Benefits Live to host leading exhibitors
Delegates attending Employee Benefits Live 2016 will be able to access a packed exhibition hall of leading benefits providers, advisers and consultants spanning all areas of the industry.The two-day event, which will take place on 11-12 October at Olympia National in London, will enable delegates to network with leading suppliers, ...
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ArticleInfographic: What group risk benefits do organisations offer?
An infographic looking at the group risk benefits offered by respondents' organisations and the basis on which they are offered (Source: Employee Benefits/Xerox HR Services' Benefits research 2016, published in June 2016).Read more in: How can employers gauge a return on investment on group risk benefits?
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ArticleHow can employers gauge a return on investment on group risk benefits?
Need to knowWhen calculating the return on investment on group risk benefits, organisations need to start with accurate employee data.The value-added products available through group risk products can deliver cost savings.Non-financial returns such as engagement are of increasing interest.Employee benefits professionals are under increasing pressure from their finance directors to ...
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Article37% of financial organisations introduce flexible-working initiatives
Over a third (37%) of financial service organisation respondents have introduced, or are planning to introduce, flexible-working initiatives as part of their employee value proposition, according to research by Mercer.Its Global financial services executive compensation snapshot survey, which polled 68 financial services organisations across 20 countries in Europe, North America ...
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ArticleBritish Airways i360 pays living wage to all staff
British Airways i360 will pay all 160 employees working at the Brighton tourist attraction the living wage following the commitment of its catering partner to the voluntary rate.The catering organisation, Heritage Portfolio, part of the Centerplate Group, has committed to paying all staff a minimum of £8.25 an hour. It ...
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ArticleRos Altmann leaves pensions minister post
Baroness Ros Altmann (pictured) has left her post as minister of state for pensions.The change forms part of a cabinet reshuffle following the resignation of David Cameron and the appointment of Theresa May as Prime Minister and leader of the Conservative Party.Other changes at the Department for Work and Pensions ...
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ArticleHarris and Co engages staff through outdoor team-building event
Accountancy firm Harris and Co held an outdoor activity day for it employees to encourage employee engagement and team building.The Yorkshire-based organisation swapped its usual summer social for the outdoor team-building event following feedback from staff.The event included a series of fun games such as archery, darts, memory games and ...
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ArticleHull College Group launches car salary sacrifice scheme
Hull College Group has launched a car salary sacrifice scheme for its 1,200 employees.The organisation has introduced the scheme as part of a wide-ranging employee benefits package, provided by BHSF Employee Benefits.The scheme, TCH Salsa, provided by TCH Leasing, was launched in May 2016 and is available to all employees.It ...
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ArticleWatch Employee Benefits Wired: the changing shape of the employee benefits market on demand
Employee Benefits Wired: the changing shape of the employee benefits market, is now available to watch on demand. The 30-minute panel discussion can be viewed online at any time. The webinar took place on 7 July 2016 in association with Xerox HR Services. The panel included Debbie ...
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ArticleEast Kent College launches mobile phone salary sacrifice scheme for all staff
Education facility East Kent College has launched a new salary sacrifice mobile phone scheme for its 550 employees.The benefit, Phonescheme, provided by Grass Roots, was introduced in February 2016. The scheme enables staff to save up to 42% on the cost of a mobile phone.Looking to widen the existing reward ...
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ArticleTaylor Swift and One Direction top list of highest-paid celebrities
Something for the weekend: Singer Taylor Swift may not be among those worrying about the size of her pension pot this week as she ranks first place in Forbes’ Celebrity 100: the world's highest-paid celebrities of 2016 list.The American singer earned $170 million (£127,264,721) between June 2015 and June 2016.Close ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 7 and 13 July 2016: EXCLUSIVE: Royal Mail Group receives 1,200 orders for car salary sacrifice schemeEXCLUSIVE: Benefex and EY partner on employee engagementFat Face launches mobile phone salary sacrifice scheme for staffPhysical activity gets employees emotionally fitWhat should employers watch ...
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ArticleBritish Gas holiday pay case heard at Court of Appeal
The Court of Appeal heard the case of British Gas Trading Ltd v Lock this week (11 July 2016), which revolves around the inclusion of commission in holiday pay calculations.Lock, a sales consultant for British Gas, brought an employment tribunal claim for outstanding holiday pay against the organisation. Lock earned ...
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Article57% would attend dental check-ups if they had help with cost
More than half (57%) of respondents would attend a six-monthly dental check-up appointment if they had help with the dental costs, according to research by Monroe Sutton.The Dental benefits 2016: What UK employees want and how employers can help report, which surveyed 1,000 UK employees, also found that 45% of ...