All Article articles – Page 492
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ArticleUniversity and College Union members vote for industrial action over pay
Higher education staff who are members of the University and College Union (UCU) have voted in favour of industrial action over pay.More than two-thirds (65%) of UCU members that took part in the ballot voted in favour of strike action and 77% voted in favour of industrial action excluding a ...
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ArticleFTSE350 defined benefit pension deficit hits £92bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed organisations reached £92 billion at the end of April 2016, according to research by Mercer.Its Pensions risk survey, which is based on analysis of pension deficits using data from reported financial statements and year end ...
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ArticleChinese employer treats 2,500 employees to Spanish holiday
Something for the weekend: Li Jinyuan, president of Chinese multi-national organisation Tiens Group, is treating 2,500 employees to a holiday in Spain to mark the group’s 21st anniversary.Employees landed in the country’s capital on 4 May on board 20 aeroplanes, and will make their way to Barcelona on Sunday before ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 28 April and 4 May 2016 are: Limbo with Chris Hemsworth: the ultimate workplace reward?How do benefits impact an organisation's reputation?39% view investment in employee wellbeing as too expensiveEY, Kingfisher and Scottish Power to speak at Employee Benefits live 2016John Lewis ...
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Article42% view flexible working as key to supporting older workforce
More than four in ten (42%) respondents view flexible working as the most important benefit for supporting an older workforce, according to research by Canada Life Group Insurance.Its survey of 855 UK employees also found that 32% of respondents view critical illness cover as the most important benefit when working ...
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ArticleDeutsche Bank, Facebook and Google among top 10 highest-paying organisations
Deutsche Bank, Facebook and Google are among the top 10 highest-paying organisations in the UK, according to research by Glassdoor.Its 10 highest paying companies in the UK report is based on organisation-specific salary reports that have been shared with Glassdoor by UK-based employees on an anonymous and voluntary basis. The ...
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ArticleReward Gateway introduces one year's fully paid parental leave globally
Reward Gateway has enhanced its parental leave policy to up to one year on full pay.The new policy allows all primary carers, regardless of gender, to take unlimited paid leave in the first year after their child’s birth or adoption.The employee engagement organisation, which employs more than 300 staff globally, ...
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ArticleBerry Recruitment launches employee engagement programme
Berry Recruitment is introducing an employee engagement programme for its 250 employees, including a recognition scheme and access to a range of voluntary benefits.The recruitment organisation is launching the engagement programme to enhance the range of benefits available to staff, and to help retain and attract top talent.The programme, provided ...
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ArticleAegon to acquire BlackRock’s defined contribution platform
Retirement and workplace savings organisation Aegon has entered into an agreement to acquire BlackRock’s UK defined contribution (DC) platform and administration business.The transaction will see Aegon acquire around 350,000 customers and £12bn of assets, bringing its workplace savings business to approximately £30bn worth of assets under management.Paul Bucksey, head of ...
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ArticleEY, Kingfisher and Scottish Power to speak at Employee Benefits Live 2016
EY, Kingfisher, Royal Bank of Scotland and Scottish Power are among the employers that will be speaking at Employee Benefits Live 2016.Now in its 18th year, Employee Benefits Live offers an extensive conference programme alongside an exhibition featuring leading industry providers, advisers and consultants.Employee benefits professionals will have the opportunity ...
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ArticleUS women footballers file wage discrimination complaint
Five members of the US Women’s National Team have filed a wage discrimination complaint with the Equal Employment Opportunity Commission against the United States Soccer Federation.Carli Lloyd, Alex Morgan, Megan Rapinoe, Rebecca Sauerbrunn and Hope Solo lodged the complaint in March 2016. The players claim the complaint is on behalf ...
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ArticleCalifornia and New York press ahead with $15 minimum wage plans
New York and California have committed to introducing a statewide $15 an hour minimum wage.In New York, the minimum wage will increase gradually by between $0.70 and $2 each year, depending on the size of the workforce and where in the state employees are based. Employees that work for organisations ...
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ArticleAccorHotels UK extends national living wage to all staff
AccorHotels UK will pay the new national living wage rate to all employees, regardless of age.The national living wage is the statutory rate for all employees over the age of 25. The mandatory £7.20 an hour rate came into effect from April 2016.The hotel group, which includes Sofitel, Pullman, Novotel, ...
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ArticleUK health insurance costs expected to rise by 6.5%
UK health insurance costs are expected to rise by 6.5% in 2016, according to research by Willis Towers Watson.Its 2016 Global medical trends report, which surveyed 174 health insurance providers operating across 55 countries, also found that the average price of health insurance globally is estimated to rise by 9.1% ...
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ArticleUK group risk industry paid out £1.4bn in 2015
The UK group risk industry paid out a total of £1.4bn-worth of claims in 2015, according to research by industry body Group Risk Development (Grid).Its research, based on an analysis of total payments made by the UK group risk sector, also found that a total of 24,603 claims were made ...
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ArticleBenefits can offer a real enhancement
According to Japanese author Haruki Murakami: “Image is everything. You don’t spare any expense to create the right image. And word of mouth is critical. Once you get a good reputation, momentum will carry you.”This is certainly true in the corporate world where reputation can directly impact on the bottom ...
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ArticleChobani CEO gives shares to 2,000 staff
Hamdi Ulukaya, founder and chief executive officer at US-based Greek yoghurt manufacturer Chobani, has given employees a stake in the organisation.Some 2,000 full-time employees have been awarded shares, which will be worth up to 10% of the food production firm’s value at the point of the organisation’s sale or in ...
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ArticleStyle.com launches employee engagement platform
Condé Nast’s new e-commerce platform Style.com is to launch an employee engagement programme for its 85 employees.The programme will give staff access to employee benefits and discount schemes via a benefits hub.The platform, provided by Reward Gateway, will also enable employees to access recognition tools and internal communications using a ...
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Article20% of advertising and media staff do not feel supported with parenting responsibilities
One-fifth (20%) of employee respondents in the advertising and media industry do not feel that their employer supports them in balancing work and parental responsibilities, according to research by the National Advertising Benevolent Society (NABS).Its survey of 597 employees in the advertising and media industry also found that almost two-thirds ...
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Article42% would be interested in taking part in a bikes-for-work scheme
More than four in ten (42%) respondents would be interested in taking part in a bikes-for-work scheme if their employer provided one, according to research by Edenred.Its Employer’s guide to cycle to work report, which surveyed 1,000 employees, also found that 22% of respondents do not cycle to work because ...