All Article articles – Page 497
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Top 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 31 March and 6 April 2016: EXCLUSIVE: Reward Gateway owner acquires Perkz.Is pet pampering coming to a workplace near you?Employee Benefits Awards 2016 shortlist unveiled.How will the Budget 2016 affect employee benefits?US women footballers file equal pay complaint.Golin introduces unlimited leave ...
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Tasmanian island seeks chief wombat cuddler
Something for the weekend: Australia’s Flinders Island is seeking a suitable candidate to cuddle its wombat resident Derek.The Tasmanian government’s tourism marketing agency, Tourism Tasmania, is running a competition to appoint the chief wombat cuddler.While the lucky winner’s key responsibility will be cuddling the cute marsupial - a pretty great ...
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Sporting life is a rich repository of lessons
The political unrest in Brazil is currently overshadowing preparations for this year’s Olympic games for many. Yet, when the curtain rises on the opening ceremony, eyes around the world will be on Rio to support and cheer on their national teams.As the competition gets underway, spectators could take away much ...
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11.5m people covered by group risk schemes in 2015
More than 11.5m people were members of group risk schemes at the end of 2015, according to research by Swiss Re.Its Group watch 2016 report, which is based on data from all insurers operating in the group risk market, also found that the number of people covered under group risk ...
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Co-operative Food to increase new starter pay by 1.8%
The Co-operative Group is increasing pay for new starters in its food stores by 1.8%.The increase follows a two-year pay deal agreed in 2015 that will see 40,000 employees working in frontline positions in its food business receive a pay rise of 8.5% by October 2016.The increases take pay levels ...
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EXCLUSIVE: 67% concerned about mental health in the workplace
EXCLUSIVE: More than two-thirds (67%) of HR professional respondents say mental health is a major issue in their workplace, according to research by MetLife Employee Benefits.Its survey of 204 UK HR professionals also found that more than half (53%) of respondents have found themselves providing counselling to employees.The research also ...
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Employee Benefits Awards 2016 shortlist unveiled
The shortlist for the Employee Benefits Awards 2016 has now been revealed. The full shortlist can be viewed here.Congratulations to all of the organisations that have been shortlisted.Thank you to all those who entered this year’s awards and to our expert judging panel.Winners will be announced at the Employee Benefits ...
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San Francisco legislates for employer-supported parental leave
The Board of Supervisors in the US city of San Francisco has passed legislation that will require employers to contribute towards fully paid parental leave.Employees in California are currently eligible to receive up to 55% of their pay for six weeks of parental leave, which is funded through employee payroll ...
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Travis Perkins launches car salary sacrifice scheme
Travis Perkins has introduced a car salary sacrifice scheme in order to enhance its employee benefits package.Since the scheme's launch in March 2016, over 180 orders have been received.The scheme, provided by Car Salary Exchange, gives employees access to a choice of 4,000 new cars. The cars ordered thus far ...
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How will the Budget 2016 affect employee benefits?
Chancellor George Osborne (pictured) delivered the Budget 2016 on 16 March. It included a number of key announcements impacting reward and benefits:The government is considering limiting the range of benefits offered through salary sacrifice arrangements. It intends to continue to allow pension saving, childcare and health-related benefits, such as bikes-for-work ...
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EXCLUSIVE: Reward Gateway owner acquires Perkz
EXCLUSIVE: Reward Gateway’s parent organisation, International Benefits Holding (IBH), has acquired Perkz, an online employee benefits platform for the UK and Ireland.Under the terms of the acquisition, Perkz will operate separately from employee engagement software provider Reward Gateway, and will continue to focus on its current benefits offering and product ...
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Royal Mail managers ballot on industrial action over pay
Royal Mail managers that are members of trade union Unite are taking part in a ballot to vote on industrial action over pay.Unite members will vote on whether industrial action should be taken, and whether or not that should include strike action.The ballot will close on 21 April. If industrial ...
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Spectromax becomes living wage employer
IT and software development firm Spectromax, which employs more than 400 staff, has been accredited as a living wage employer by the Living Wage Foundation.The organisation, which already pays its employees in excess of the statutory national living wage of £7.20 an hour, has committed to paying staff at least ...
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63% of fathers interested in taking shared parental leave
Almost a third (63%) of male employee respondents with young children are interested in taking shared parental leave (SPL) in the future, according to research by My Family Care and the Women’s Business Council.The Shared parental leave: where are we now? report, which surveyed 200 employers and 1,000 working parents, ...
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Liverpool John Moores University receives living wage accreditation
Liverpool John Moores University (LJMU) has been accredited as a living wage employer by the Living Wage Foundation.The university, which employs around 2,500 members of staff, has committed to paying permanent employees and third-party contractors at least the living wage rate of £8.25 an hour.The voluntary rate is calculated according ...
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New York to phase in $15 an hour statewide minimum wage
The US state of New York is to increase the minimum wage to $15 an hour.The higher minimum wage, which was announced as part of the 2016-17 state budget, will be implemented in phases.For organisations in New York City with 11 employees or more, the minimum wage will increase to ...
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67% plan to expand employee wellbeing programmes
More than two-thirds (67%) of US employer respondents plan to expand their employee wellbeing programmes, according to research by Fidelity Investments and US non-profit organisation the National Business Group on Health.The survey of 129 US employers also found that 87% of respondents offer employees access to emotional or mental wellbeing ...
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US women footballers file equal pay complaint
Five members of the US Women’s National Team have filed a wage discrimination complaint against the United States Soccer Federation.US Soccer Federation employees Carli Lloyd, Alex Morgan, Megan Rapinoe, Rebecca Sauerbrunn and Hope Solo have lodged the complaint with the Equal Employment Opportunity Commission.The players say that they have filed ...
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3,865 EU bank staff received remuneration of €1m or more in 2014
The number of employees in EU banks receiving annual remuneration of €1m or more increased to 3,865 in 2014, according to research by the European Banking Authority (EBA).Its Report on benchmarking of remuneration and high earners 2014 found that this was almost 22% higher than in 2013, when 3,178 employees ...
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50% of DB pension scheme members take up employer-paid financial advice
Half (50%) of defined benefit (DB) pension scheme members aged 55 and over have opted to speak to a financial adviser if offered this service for free by their employer, according to research by Willis Towers Watson.The research is based on data provided by financial advisory firms and examines 15,700 ...