All Article articles – Page 511
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5, Cigna industry insight - Taking a global approach to wellbeing
Whether you are in London, Los Angeles or Lagos, it is likely that you will be facing many of the same health risks. Lifestyle-related health issues such as stress, obesity and chronic conditions are common in every developed country around the world, reducing productivity, and pushing up absence and healthcare ...
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ArticleRio Tinto freezes staff pay
Anglo-Australian metals and mining firm Rio Tinto is freezing staff pay across the business.The freeze forms part of the organisation's bid to control costs in the face of challenging conditions for the mining sector.There will be no salary increase this year for any members of staff, including Rio Tinto’s chief ...
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Article23% pay a 5% contribution into employees' pensions
Around a quarter (23%) of respondents are paying a 5% contribution into their employees' pensions, according to research by Aegon.Its survey of 508 employers also found that 92% of respondents make a 2% contribution, ahead of this becoming the required minimum employer contribution rate under auto-enrolment from 2018.The research also ...
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9 Aetna industry insight - How to support a global workforce during times of geopolitical crisis
With last year’s terrorist attacks in Paris, the Brussels security lockdown and the downing of the Russian jet, employers are concerned with how they can support both local employees and UK staff based overseas, as well as those travelling abroad on business. What impact have these types of events had ...
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11, Aviva industry insight - International private medical insurance – engulfed by options
The area we think of as the Gulf is a maelstrom of modernist ambition and staunch heritage, driven by aspirations to succeed and guided by desires to conform. For instance: despite its influx of oil-fuelled wealth and supercars per square mile, it may surprise you to learn that the first ...
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ArticleUK middle manager pay is fourth highest in Europe
The average base salary for middle managers in the UK was £68,415 a year in 2015, the fourth highest in Europe, according to research by Willis Towers Watson.Its Global 50 remuneration planning report, based on responses from 600 employers, also found that the base salary for entry level professionals in ...
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ArticleMaersk Group enhances maternity benefits for global employees
Danish transportation and energy organisation Maersk Group is to introduce improved maternity benefits for its employees globally.In an effort to increase the retention of female staff following childbirth or adoption, from 4 April 2016, Maersk Group is to launch a new policy to enhance benefits during and after maternity leave.The ...
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Article36% introduce flexible working to improve absence rates
Just over a third (36%) of employer respondents have implemented flexible working initiatives to address staff absence rates, according to research by industry body Group Risk Development (Grid).Its survey of 501 employers also found that a quarter (25%) have seen their absence rates improve over the last 12 months, compared ...
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ArticleHigh Court rules peripatetic staff are eligible for auto-enrolment
The High Court has ruled that peripatetic workers are eligible to be auto-enrolled into a workplace pension scheme.A judicial review sought by Fleet Maritime Services (FMSB) challenged the Pension Regulator’s (TPR) approach and guidance on peripatetic workers who travel from place to place, working in different locations. The organisation employs ...
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ArticleHarrods, Jaguar Land Rover and AstraZeneca are named UK’s top employers
AstraZeneca, Harrods and Jaguar Land Rover are the best employers to work for in the UK, according to research by financial software, data, and media firm Bloomberg.The Bloomberg best employers UK 2016 survey of 15,000 employees in more than 1600 UK-based organisations with at least 500 staff, ranked the firms ...
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Article70% of those with depression do not feel supported by their employer
Almost three-quarters (70%) of respondents with depression do not feel supported by their employer, according to research by job vacancy website CV Library.Its survey of 1,102 employees also found that 74% of respondents do not feel comfortable talking to their manager about mental health issues.The survey also found:Around a quarter ...
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ArticleThe benefits of being a human cat
Something for the weekend...What kind of job role offers employee benefits that include a bowl of milk and a bowl of tuna?A human cat companion, of course.Last week, an unusual job listing appeared on Gumtree Australia for a ‘night time watcher’. Sophie, the ad poster and potential employer, requires someone ...
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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 January 2016: EXCLUSIVE: Carlsberg UK to launch car salary sacrifice scheme.Five predictions for employee benefits in 2016.The benefits of lego building, beer smelling and train pushing.Wolseley UK introduces car salary sacrifice scheme.US court rules on back pay case ...
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ArticleBank of England proposes changes to bonus buy-out rules
The Bank of England has laid out proposals that would enable bankers’ bonuses to be revoked after they have moved employer.At present, employers can compensate a new employee for remuneration they would have received from their previous employer in a practice known as buy-outs. When a new employer buys out ...
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ArticleCost of global employer-funded health plans to increase by 9.1%
Average cost increases for global employer-funded medical plans are expected to reach 9.1% this year, according to research by Aon Hewitt.Its research, which is based on data from Aon professionals, clients and carriers within its medical plan business portfolio, also found that the average cost of employer-funded health plans in ...
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ArticleJust 32% of female staff believe they are paid the same as male counterparts
Less than a third (32%) of female employee respondents believe they are paid the same as their male counterparts for equal work, according to research by law firm Simpson Millar.Its research, which surveyed 1,000 employees, also found that a third (33%) of respondents are prepared to launch equal pay claims ...
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ArticleStarbucks China introduces sabbatical leave and housing allowance subsidy
Starbucks is introducing a sabbatical leave policy and housing allowance subsidy for its 30,000 Chinese employees.The organisation's Career Coffee Break scheme enables employees with 10 consecutive years of service to take a sabbatical of up to 12 months. Although the leave is unpaid, employees will still be entitled to receive ...
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ArticleUBM receives living wage accreditation
UBM, which employs more than 750 staff in the UK, has been accredited as a living wage employer by the Living Wage Foundation.All those working at UBM's UK premises, including permanent employees and third-party contractors and suppliers, will receive a minimum hourly wage of £8.25, and £9.15 in London.The living ...
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ArticleSheetz to invest $15m to increase employees' pay
US convenience store chain Sheetz is to invest more than $15 million this year to increase its employees’ pay.The organisation is making the investment in staff wages as part of its commitment to establish Sheetz as a great place to work and to offer a competitive compensation package for its ...
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ArticleThe month in numbers: December 2015
A look at some of the key facts and figures from December 2015:8% would consider moving on from a new job if it does not provide them with a suitable work-life balance (Source: CV Library)34% believe that having pets in the workplace boosts health and happiness (Source: Purina)36% of employees ...