All Article articles – Page 540
-
ArticleClothes2Order introduces emergency loans for staff
Clothes2Order has introduced emergency loans for its 90 members of staff as part of a new employee benefits package.Cash advances of up to a month’s wages are being offered, and repayments will be made from employees’ salaries over a six-month period.The clothing supplier is implementing the loan scheme to help ...
-
ArticleAlere refreshes benefits for multi-generational workforce
Alere is refreshing its employee benefits programme in the UK in order to increase engagement and provide more choice for the different generations within its workforce. The diagnostic device and service provider will enhance and expand its existing benefits package from September 2015. This will include the launch of new ...
-
ArticleCheering the way to employee status
Something for the weekend…Governor Jerry Brown has signed a bill into law that will classify California’s professional cheerleaders as employees.Under the new legislation, professional sports teams in the US West Coast state must grant cheerleaders the same rights as other employees.Once the law comes into effect in January 2016, professional ...
-
ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk between 16 and 22 July:1. Pension freedom charges differ vastly.2. Carlsberg UK introduces financial education.3. How to build engagement with voluntary benefits.4. Oracle revamps financial education programme.5. Ikea UK to introduce the living wage.6. Taking a slice: the impact of tax changes ...
-
ArticleBNP Paribas and Sky to speak at Employee Benefits Live
Asda, BNP Paribas (pictured), BP, Innocent Drinks, L’Oreal and Sky are among the organisations that will be speaking at Employee Benefits Live 2015.The 12-stream conference, which will run across both days of the event, will cover topics such as:Strategies for boosting staff engagement in a cost-effective manner.Wearable technology and the ...
-
Article20% would save more than auto-enrolment default
One-fifth (20%) of respondents would increase the amount they contribute to their pensions beyond the minimum auto-enrolment contribution rate, according to research by Aegon.Its research, which is based on a sample size of 4,000 respondents, found that just 6% consider the 2018 default contribution rate of 5% to be unaffordable.Nearly ...
-
ArticleTop-earning female health professionals make 51% less than men
Top-earning female financial managers and directors are paid 40% less than their male counterparts, according to analysis by recruitment consultancy Michael Page.Its analysis, which is based on the Office of National Statistics’ November 2014 Annual Survey of Hours and Earnings, also revealed a gender pay gap of 51% for health ...
-
Article81% of staff in their 30s contribute to workplace pensions
More than four-fifths (81%) of respondents in their 30s contribute to a workplace pension compared to 72% of those in their 40s, according to research by asset management firm Fidelity Worldwide Investment.Its study, which surveyed 1,000 UK adults aged 30-49 in June 2015, also revealed that a greater number of ...
-
ArticleHigh Court sides with BBC to cap pensionable pay
The BBC took the decision to introduce a 1% cap on increases to pensionable pay to its three DB schemes to cut its pension liabilities. But the approach that it took to implement the change, requiring members to accept the cap or receive no pay rise, or alternatively to cease ...
-
ArticlePortus Consulting issues Fitbits to staff
Portus Consulting has issued free Fitbit fitness bands to each of its 40 employees. The initiative, which launched in June 2015, aims to increase engagement and corporate wellness.Employees have the option to upgrade to models that track heart rates and sleep patterns, as well as the opportunity to purchase devices ...
-
ArticleSpecsavers introduces retail incentive scheme
EXCLUSIVE: Specsavers has implemented an epoints system to reward and motivate its 17,500 employees.The optical retailer has introduced the multi-retailer consumer loyalty scheme from epoints Rewards, through which its employees can choose to buy products from retailers such as Thorntons, Amazon, Marks and Spencer, Odeon, T.G.I. Fridays and Pizza Hut.Specsavers ...
-
ArticleIkea UK to introduce the living wage
Ikea UK is to introduce the living wage from April 2016.The retailer has committed to paying all staff at least £7.85 an hour, and a minimum of £9.15 an hour in London.The pay increase is expected to impact 50% of Ikea UK’s 9,000 employees.Ikea’s living wage pledge is part of ...
-
Article40% rise in employees seeking assistance for depression
The number of depression-related calls employees made to Canada Life Group Insurance’s employee assistance programme increased by 40% year on year, according to data from Capital Health and Wellbeing.The findings, which are based on call data for the first quarter of 2015, revealed that 21% of calls made to the ...
-
ArticleSports Direct staff to receive £155 million in bonuses
Some 2,000 managers and permanent staff at Sports Direct are to receive £155 million in bonuses, worth approximately £77,000 each in a staggered payout, after beating set targets.Bonuses for the 2,000 staff relate to a performance share scheme introduced by Sports Direct in 2011.The payout was triggered when the group ...
-
ArticleWhat is the world’s best office view?
Something for the weekend…From a Star Trek-shaped office to a tree-shaped office, employers spend a great deal of time working out how the interior of an office looks and how that affects their employees. But what about the exterior?Perhaps the view from places of work could be the missing ingredient ...
-
ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk between 9-16 July:1. How the Budget affects employee benefits2. EAT introduces 18-month limit on holiday pay carry over3. Workplace benefits of the future4. Consultation launches on gender pay gap reporting5. Government to actively monitor salary sacrifice6. What opportunities does pensions auto-re-enrolment bring ...
-
ArticleWillis Employee Benefits acquires PMI Health Group
Willis Employee Benefits, provider of global risk advisory, re/insurance broking, and human capital and benefits, has acquired PMI Health Group.The deal aims to increase Willis’ presence in the UK employee benefits and healthcare market, and expand its product offering and skills base.Through the acquisition, Willis Employee Benefits (pictured) will be ...
-
Article27% do not measure health scheme take up
Less than a third (27%) of respondents do not measure health programme take-up rates, according to research by insurer Unum.Its research also identified that four in ten employers do not monitor the health and wellbeing of their staff.The research also found:37% of respondents that offer flexible benefits plans do not ...
-
ArticleBBC employees paid £54,000 on average last year
Staff at the BBC were paid £54,000 on average last year, according to the BBC’s Annual Report and Accounts for 2014/15.The report also revealed that, of the broadcasting organisation’s 18,974-strong workforce, the wage bill for those earning more than £1 million increased by 22%.Tony Hall, director-general of the BBC also ...
-
ArticleReal wages rise almost 3%
Real wages in Great Britain increased by almost 3% year on year, excluding bonuses, when comparing the period March to May 2015 with the same months in 2014, according to figures by the Office for National Statistics (ONS).The ONS UK labour market, July 2015 report found that average weekly pay ...