All Article articles – Page 523
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Article
26 per cent take time off because of stress
More than a quarter (26%) of respondents take time off work due to stress, according to research by job listings website CV Library.Its survey of 1,100 employees also found that 61% of respondents feel strain in their place of work.The research also found: 25% of respondents do not know how ...
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Article29 per cent of female workers earn less than living wage
Almost a third (29%) of female workers earn less than the living wage, compared to 18% of males, according to research by KPMG.The research report, which was conducted by Markit using its UK Household Finance Index survey of 1,500 respondents and drawing on the Office for National Statistics’ Annual survey ...
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ArticleLloyds Banking Group and Unilever commit to living wage
Lloyds Banking Group and Unilever have been accredited by the Living Wage Foundation as living wage employers.The employers have committed to paying all staff the living wage rate, which today (2 November 2015) increased to £8.25 an hour and £9.40 in London.Although Lloyds Banking Group already pays its permanent employees ...
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Article
Telefonica and Royal Dutch Shell awarded for employee share ownership
Amadeus IT Holdings, Royal Dutch Shell and Telefonica were among the winners at the 2015 Employee Share Ownership (Esop) Centre awards for best employee share ownership plans.The awards recognise outstanding employee approaches to employee share ownership, including communication, staff engagement, and implementation of share ownership schemes, as well as workplace ...
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Article
Top 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 22 and 28 October 2015.1. Monsoon Accessorize tops HMRC’s wage breach list.2. Aldi to increase staff pay.3. Government extends plans to close gender pay gap.4. Government consults on pension member-borne commission.5. Hungryhouse launches voluntary benefits scheme.6. Employer recruits tweeting chicken.7. 92% ...
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Article
Employee engagement
The latest analysis, news, case studies and opinion in relation to employee engagement strategies.
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Article
Judge allows Facebook director pay case
A US judge has ruled that a lawsuit regarding the compensation packages received by non-management directors at Facebook can proceed.Directors at Facebook are accused of incorrectly ratifying the increase in non-management directors’ pay.Shareholder Ernesto Espinoza brought the suit in June 2014, arguing that the social media network’s chief executive officer ...
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ArticleMorrisons faces legal action over payroll data leak
Morrisons is facing legal action from a group of employees over a data breach that resulted in the leaking of salary, bank and national insurance details of 99,998 members of staff.The supermarket is facing claims from over 2,000 members of staff after Andrew Skelton, who was a senior internal auditor ...
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Article
Pensions
The latest analysis, news, case studies and opinion in relation to pensions, with a focus on defined contribution pension schemes; pensions education, compliance with legislation such as the 2015 pension freedoms; auto re-enrolment; pension scheme governance; member engagement; and investment strategy.
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ArticleAmazon Prime Now drivers seek employee status
Amazon Prime Now delivery drivers have filed a class action lawsuit against the organisation claiming that they have been wrongfully classified as independent contractors rather than employees and thus denied overtime pay, employee benefits and compensation, and fuel expenses.Four drivers have filed the suit in Los Angeles County Superior Court ...
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ArticleFife Council staff to receive equal pay settlements
Over 1,400 female Fife Council workers are to be recompensed for historic equal pay claims, with some cases dating back to 2006.Trade union Unison reached a settlement with Fife Council outside of court that will compensate employees for historic discriminatory pay practices within Fife Council, and will see affected staff ...
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Article
Flexible benefits
The latest analysis, news, case studies and opinion in relation to flexible benefits.
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ArticleUber offers purr-fect wellbeing booster
Something for the weekend…This week employees in North America have had the opportunity to take advantage of a warm and furry measure to combat stress and boost wellbeing in the workplace.To celebrate National Cat Day on 29 October, taxi firm Uber ran an UberKITTENS initiative for workers across 50 cities.For ...
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ArticleOundle School completes pension buyout
Oundle School, Northamptonshire, has completed a £5 million bulk purchase annuity transaction with Canada Life and JLT Employee Benefits.The buyout deal, which covers around 150 members of the school’s pension and life assurance plan for non-teaching staff, was secured by JLT Employee Benefits, alongside a trivial commutation exercise.The transaction represents ...
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ArticleHungryhouse launches voluntary benefits scheme
Hungryhouse has introduced a voluntary benefits scheme to reward and engage its UK staff.The takeaway food delivery platform implemented the scheme this month, which includes a variety of benefits such as free spa days, TasteCards, mobile phone insurance, discounted gym memberships, savings on childcare, cinema tickets, groceries and travel.Hungryhouse’s 40 ...
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ArticleEarly intervention reduces absence length by 17 per cent
Early intervention services can reduce the length of long-term sickness absences by 17%, according to research by the Centre for Economics and Business Research (Cebr), commissioned by employee benefits provider Unum.Its Benefits of early intervention report, which is based on estimations of the annual cost of long-term sickness absence to ...
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ArticleHMRC receives reports of 251,000 flexible pension payments
Some 251,000 flexible payments from pensions were made in the six months since the pension freedoms were introduced in April 2015, according to statistics from HM Revenue and Customs (HMRC).Its Flexible payments from pensions: October 2015 statistical bulletin found that 121,000 flexible pension payments were made in the second quarter ...
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ArticleGovernment consults on pension member-borne commission
The government has launched a consultation into the most effective means of regulating to prevent charges being imposed on members of workplace pension schemes used for automatic enrolment to recover the cost of commission paid to an adviser.This consultation follows the government’s announcement in March 2014 that it intended to ...
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Article14 per cent of staff over 55 are targets of pension scams
More than one in ten (14%) respondents aged 55 and over have been targeted by pension fraudsters since the introduction of the pension freedoms in April 2015, according to research by employment benefits consultant Portus Consulting.Its survey of 1,088 workers over the age of 50, including 789 employees over the ...