All Article articles – Page 496
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ArticleEY enhances parental benefits for US employees
EY is extending its paid parental leave policy for US employees and introducing new parental financial assistance benefits.From July 2016, Ernst and Young will offer 16 weeks of fully paid parental leave to all eligible US employees. This will apply to birth parents and adoptive parents, as well as those ...
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ArticleForeign and Commonwealth Office appoints chief mouser
Something for the weekend: The Foreign and Commonwealth Office (FCO) has appointed Palmerston the cat as chief mouser.Palmerston joins the UK government department from Battersea Dogs and Cats Home, which has been caring for him since March.Palmerston, who has been named after former prime minister and foreign secretary Henry John ...
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ArticleLouise's lowdown: Will the Lifetime Isa encourage or distract from pension saving?
On 16 March Chancellor George Osborne delivered his Budget 2016 speech to Parliament. A storm of speculation around pensions tax relief had raged for months before beginning to subside in early March, when word spread that this Budget would not, as many had expected, herald in further radical reform to ...
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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 April 2016: Tasmanian island seeks chief wombat cuddler.BBC switches payroll technology provider.EXCLUSIVE: 67% concerned about mental health in the workplace.Co-operative Group chief executive requests 60% pay cut.Coca-Cola to enhance parental leave for US employees.How can employers help staff ...
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ArticleCity of London Police launches health and wellbeing network
The City of London Police has launched a health and wellbeing network to support its employees' mental and physical health.The initiative aims to ensure employees’ health needs are supported, and ensure they have the support they need to perform their roles effectively.The network will make existing occupational health services more ...
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Article35% of contractor health insurance claims relate to musculoskeletal conditions
More than a third (35%) of health insurance claims among contractors and tradespeople were related to muscle, bone or joint conditions, according to construction sector employee benefits firm ECIS.Its claims data for January to September 2015 also found that more than a fifth (23%) of health insurance claims related to ...
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Article38% believe senior leaders are overpaid
More than a third (38%) of respondents believe that senior leaders are overpaid, according to research by reputation management consultancy Lansons and insight agency Opinium.The Britain at work 2016 report, which surveyed 3,002 UK employees, also found that 52% of respondents feel that the level of pay they receive is ...
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ArticleHave your say on the future of benefits in exclusive research
Do not miss the chance to share your views on the key issues that are driving organisations' current and future benefits strategies by taking part in the Employee Benefits/Xerox HR Services Benefits research 2016.The research is designed to provide employers with insights into the benefits currently on offer to employees ...
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Article23% have seen retirement plans impacted by low interest rates
Just under a quarter (23%) of respondents expect to have to work past the age of 65 due to the impact of low interest rates on their retirement savings, according to research by Canada Life Group Insurance.Its survey of 855 full and part-time employees found that among this group, 16% ...
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Article28% cite flexible working as a factor in remaining with current employer
More than a quarter (28%) of respondents say that the ability to work flexibly has been a factor in them remaining with their current employer, according to research by the Chartered Institute of Personnel and Development (CIPD).Its Employee outlook April 2016: Focus commuting and flexible working, which surveyed 1,051 working ...
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ArticleCoca-Cola to enhance parental leave for US employees
Coca-Cola is to extend paid parental leave for male and female employees in the US.From January 2017, all new parents will be eligible for six weeks’ paid parental leave, including adoptive and foster parents.The new policy will be in addition to the six to eight weeks of paid parental leave ...
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ArticleBBC switches payroll technology provider
The BBC has entered into a contract with IBM for the provision of outsourced finance, accounting payroll and associated technology provider.The contract aims to contribute towards the broadcaster’s efficiency targets, by providing a simplified and efficient service. This will include the introduction of cloud-based technologies to support payroll and expense ...
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ArticleReward and benefits professionals set to gather for awards ceremony
Don’t miss your chance to attend the 14th annual Employee Benefits Awards and Summer Party, taking place on 3 June at the Artillery Garden at the HAC in London.The awards will see reward and benefits professionals gain recognition for the outstanding work they have undertaken over the past year.Winners will ...
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BBC switches payroll technology provider
The BBC has entered into a contract with IBM for the provision of outsourced finance, accounting payroll and associated technology provider.The contract aims to contribute towards the broadcaster’s efficiency targets, by providing a simplified and efficient service. This will include the introduction of cloud-based technologies to support payroll and expense ...
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Article61% of US employers have a budget for employee engagement
Less than two-thirds (61%) of US employer respondents have some level of funding for employee engagement in 2016, compared to 71% in 2014, according to research by employee engagement and retention firm TalentKeepers.Its 12th annual Employee engagement and retention trends report, which surveyed 887 US employers, also found that 26% ...
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ArticleWell Pharmacy increases pay for 4,500 employees
Pharmacy chain Well is increasing hourly pay rates by between 2% and 10% for 4,500 employees.The organisation, which employs around 7,000 members of staff, will implement the increases across seven roles in its pharmacy stores and driving teams.Healthcare assistants and pharmacy assistant trainees will see their pay rise by 8% ...
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Article45% of European employers view sedentary lifestyles as key health concern
Almost half (45%) of European employer respondents cite sedentary lifestyles as a key health concern, according to research by Willis Towers Watson.Its Staying@work research, which surveyed 1,669 employers across Europe, North America, Latin America, the Middle East and Asia, also found that almost three-quarters (74%) of European employers are concerned ...
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ArticleCo-operative Group chief executive requests 60% pay cut
The Co-operative Group’s chief executive has requested a 60% cut to his total remuneration package.Richard Pennycook (pictured) will see his base salary reduce from £1.25m to £750,000 from July 2016.From 2017, the maximum annual incentive plan award will fall from 100% of base salary to 40% of base salary, and ...
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Article16% refer staff to Pension Wise
Less than one-fifth (16%) of employer respondents are referring their employees to the Pension Wise service, compared to 20% in October 2015, according to research by Close Brothers Asset Management.The latest Close Brothers business barometer, which surveyed 917 employers, also found that more than a third (36%) of respondents offer ...
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Article35% speak to their manager about mental health problems
Around a third (35%) of respondents that have experienced mental health issues have discussed these with their manager, according to research by Willis PMI Group.Its survey of 1,388 UK employees also found that 30% of respondents do not speak to their manager about their mental health because they are worried ...