All Article articles – Page 490
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ArticleGovernment to legislate for increased master trust protections
The government is to introduce additional measures to protect members of master trust pension schemes through a new Pensions Bill.The Pensions Bill was unveiled in background briefing documents following the Queen’s Speech in the Houses of Parliament yesterday (18 May).Under the proposals, master trusts would be required to demonstrate that ...
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ArticleGerald Eve gains living wage accreditation
Gerald Eve has been accredited as a living wage employer by the Living Wage Foundation.The property consultancy, which employs 432 staff across nine offices, has committed to paying at least the living wage rate to all employees and third party staff. This includes working with cleaning and catering service providers ...
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Article
2, Xerox sponsor's comment
To use an old cliché, the UK benefits landscape is constantly evolving. This comes as no surprise to benefit practitioners; for some it will be a bonus, for others a chore.Notwithstanding ever-present change, it is encouraging to note that tradition holds true as regards benefit programmes and why organisations provide ...
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2, Close Brothers Sponsor's comment: Financial wellbeing: the missing piece of wellness
In simple terms, overall wellness can be looked at as a combination of physical, mental and financial wellness. Traditional wellness strategies target physical wellness and in recent years there has also been a growing focus on mental wellbeing. However, the missing piece seems to be financial wellness with only 24% ...
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Article32% who opt out of workplace pension blame financial constraints
Around a third (32%) of employee respondents cite financial constraints as the key reason for choosing not to pay into their workplace pension, according to research by Aviva.Its Working lives report, which is based on a survey of 990 private sector employers and 4,021 private sector employees and an analysis ...
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Article40% feel let down by lack of access to financial advice
Four in ten (40%) respondents feel let down if their employer fails to support them with access to advice on their pensions and future finances, according to research by online pension advice provider Wealth Wizards.Its survey of 1,000 UK employees also found that two-thirds (67%) of respondents believe it is ...
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ArticleChiswick Park launches lunch hour summer events programme
Chiswick Park Enjoy-Work is kicking off its annual summer events programme for employees of the 45 organisations on site, including Aker Solutions, Discovery, PepsiCo, and Starbucks.The 8,000-strong business community, based in London, will host events every Friday lunch hour, with the aim of increasing staff wellbeing and productivity, and to ...
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ArticleLloyds Banking Group employees take part in volunteering initiative
Lloyds Banking Group is supporting employee volunteering, with more than 5,000 staff members taking part in the 2016 Give and Gain initiative.One third (33%) of Lloyds Banking Group employee volunteers participating in the Give and Gain scheme will take part in skills-based volunteering work.Give and Gain Day, organised by Business ...
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ArticleBNP Paribas and Nottingham City Council make benefits team shortlist
BNP Paribas (pictured), Home Group and Nottingham City Council are among those who have been shortlisted for Benefits team of the year at the Employee Benefits Awards 2016.The award, sponsored by Xerox HR Services, celebrates in-house benefits teams that work together to deliver benefits and rewards that meet the HR ...
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Article32% do not feel supported when family is affected by cancer
Just under a third (32%) of employee respondents do not feel supported by their employer when a loved one is diagnosed with cancer, according to research by Axa PPP Healthcare.Its Love for the loved ones: how to support employees when cancer affects their family report, which surveyed 1,000 managers of ...
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Article30% of group income protection claims due to mental health issues
Mental health issues accounted for 30% of group income protection claims in 2015, according to Legal and General.The insurance provider's claims information, which has been released to mark Mental Health Awareness Week (16-22 May), also found that early intervention and funding for appropriate treatment helped 80% of mental health absence ...
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Article38% feel work has a negative impact on their mental health
Over a third (38%) of respondents feel their working environment has a negative effect on their mental wellbeing, according to research by Westfield Health.Its Mental resilience survey, which surveyed 1,825 UK employees to mark Mental Health Awareness Week (16-22 May 2016), also found that half (50%) of respondents feel their ...
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ArticleMedian pay expected to increase by 1.7%
A median pay increase of 1.7% is expected between March 2016 and March 2017, according to research by The Chartered Institute of Personnel and Development (CIPD).The Labour market outlook report, which surveyed 1,014 HR professionals and employers who are CIPD members, also found that median base pay expectations are higher ...
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6, 7: Strategy
Why respondents offer benefitsThey are an effective retention tool 81%They are an effective recruitment tool 76%To support employee health and wellbeing 72%They support their employer brand 54%They promote work-life balance 47%Because industry or regional competitors do 39%They are seen as entitlement by staff 39%To drive desired employee behaviours 36%They have ...
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ArticleEmployee Benefits Professional of the Year shortlist unveiled
The shortlist for the Employee benefits professional of the year 2016 award has been announced.This award recognises individuals who have made a significant contribution to the industry.The 2016 shortlist for the Employee benefits professional of the year is:Joanna Bean, head of reward, UK and Ireland at Samsung.Paul Bissell, head of ...
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ArticleLyft offers $27m settlement in Californian employee status case
Taxi platform Lyft has reached an updated settlement agreement in a class action case disputing the status of drivers in California.The revised agreement aims to resolve the the Cotter v Lyft class action case, which includes more than 163,00 drivers, currently pending in federal court in the Northern District of ...
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ArticleRolls Royce Group named UK’s most attractive large employer
Rolls Royce Group has been named the large organisation UK employees would most like to work for in the Global Randstad Award 2016.The employer branding survey, which had 200,000 global respondents across 25 countries, ranked British Airways as the second most attractive large employer, with Marks and Spencer coming in ...
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ArticleEXCLUSIVE: 58% are not confident their benefits package retains and attracts talent
EXCLUSIVE: More than half (58%) of UK employer respondents are not confident that their employee benefits package helps to recruit and retain talent, according to research by Chase de Vere and Lightbulb.The research, which analysed 2,500 UK business records and surveyed 300 employers, also found that around a third (34%) ...
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Article21% let Friday 13th superstitions affect their working day
Something for the weekend: One in five (21%) respondents that believe Friday 13th is an unlucky date admit that these superstitions impact on their working day, according to research by Kit Out My Office.The survey of 2,185 British office-based employees also found that 65% of respondents believe Friday 13th to ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 5 and 11 May are: Deutsche Bank, Facebook and Google among top 10 highest-paying organisationsReward Gateway introduces one year's fully paid parental leave globallyChinese employer treats 2,500 employees to Spanish holidayKathryn Clapp: Childcare vouchers may be discontinued during maternity leaveKingswood launches ...