All Article articles – Page 545
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Employee Benefits digital magazine – July/August 2015
Read this month’s articles in the digital magazine by clicking the links below, or read the online versions by using the links on the right under ‘Related articles’ (these articles will go live in stages during July and August 2015).Read the full digital July/August edition of Employee BenefitsWhat makes a ...
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Sky uses film imagery to increase flexible benefits take up
EXCLUSIVE: Sky has increased the take up of its flexible benefits by more than 30% following the introduction of new communication techniques.The home entertainment and communications organisation embedded the characters from the Monsters University film into the workplace and used them to create awareness around its My Sky Rewards benefits ...
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Towers Watson and Willis Group to merge
Global professional services provider Towers Watson and Willis Group Holdings, the risk advisory, re/insurance broking, human capital and benefits specialist, have signed a definitive merger agreement.The combined firm, which will be known as Willis Towers Watson, will have around 39,000 staff across 120 countries. It will continue to be domiciled ...
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Debbie Lovewell-Tuck: What makes a destination employer?
Google and Innocent Drinks are two such employers that immediately spring into my mind, but there are, of course, many, many more.But what is it that makes these organisations such desirable employers? How have they earned such a reputation? And what can other employers replicate in order to elevate their ...
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High Court closes two firms over pension savings scam
The High Court has wound up two organisations for operating an £11.9 million misleading pensions liberation scheme.Clients were encouraged to use their pension savings to buy shares in Liverpool-based KJK Investments, which would then increase by 6% in value each year.The 209 clients were also told to obtain a loan ...
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IBM granted appeal against pension judgement
IBM has been granted permission to appeal both the breaches and remedies judgements made by a High Court in February 2015 to the higher courts.The decision made by the High Court ruled that members of the organination’s UK defined benefit (DB) pension scheme would be able to claim damages against ...
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Nice urges employers to promote healthy working environments
Healthcare watchdog the National Institute for Health and Care Excellence (Nice) has published guidelines urging employers to do more to address the effect that poor working environments can have on employees’ livesAccording to the guidance, promoting a healthy working environment improves employees’ health and productivity and it is good management ...
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Just 6% see work-life balance as a priority
Just 6% of HR directors say work-life balance is a priority for their department, according to research by executive coaching provider Morgan Redwood.Its study, based on 250 responses from heads of HR departments, also found that just over a quarter (26%) regard staff wellbeing as being very closely connected to ...
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Bring Your Dog to Work Day motivates staff
Something for the weekend…Having dogs in the workplace can help to motivate and engage staff, according to Pet Sitters International, creator of Bring Your Dog to Work Day, which takes place on 26 June 2015.The event celebrates the companionship between dogs and humans, as well as encouraging those who do ...
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Top 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk between 18-25 June:1. Centrica adds new benefits to flex for 30,000 staff2. Royal Mail staff to receive £50 million worth of shares3. Government plans action to cap pension freedom charges4. Tata Steel improves DB pension plans5. Defining and demystifying total reward6. Hyde ...
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Barclays C&ES closes to new business
Employee benefits consultancy Barclays Corporate and Employer Solutions (C&ES) will cease to offer its services to new business following a consultation by Barclays. Its benefits consultancy services and auto-enrolment consulting will close and will not be open to new employers.Barclays will continue to honour existing employer client commitments within these ...
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Network Rail agrees 2% pay deal with unions
Network Rail has agreed a 2% pay increase deal with unions Unite, the Transport Salaried Staffs’ Association (TSSA) and the National Union of Rail, Maritime and Transport Workers (RMT).The agreement also includes a pay rise in line with retail prices index inflation next year, as well as an assurance there ...
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Pensions seen as safest way to save for retirement
Workplace pension schemes are now seen as the safest way to save for retirement, according to research by the Office for National Statistics (ONS).Its Wealth and assets survey found that confidence has increased with 40% of individuals citing a workplace pension as the safest option to save in the period ...
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Flexibility is key benefit to attract talent
Flexible benefits are the most valued type of benefit for talent, according to research by social media platform LinkedIn.Its Winning talent research, which surveyed 1,001 of British workers in full-time employment, also found that 36% of respondents said flexible-working arrangements would persuade them to take a job with an employer, ...
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SAB Miller to invest in staff motivation
SAB Miller is to invest in implementing new initiatives across the organisation to help improve staff motivation. Its Annual report 2015 highlighted that 64% of employees who participated in its engagement poll believe they receive appropriate recognition from the organisation.The beer and soft drinks brewer, which owes the Meantime Brewing ...
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New remuneration rules in banking sector
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have announced new remuneration rules for the banking sector, including changes to deferral and clawback of variable remuneration such as bonuses.The measures have been introduced to further align risk and individual reward in the banking sector, as well as discourage ...
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Hyde Group pilots workplace massages
EXCLUSIVE: Housing association The Hyde Group (Hyde) is to pilot massages in the workplace across all its main offices as it puts an increased focus on employees’ health and wellbeing.The programme, provided by Massage in the Workplace, will take place throughout July, although it will continue to run until December ...
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ITV tables improved 2016 pay deal
ITV has tabled an improved pay offer for 2016 after its employees took strike action in May. The broadcaster has offered staff pay increases above the 2% pay rise for 2015, which took effect from January.That pay deal will remain unchanged but the organisation is also making contractual improvements including ...
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97% believe in link between wellbeing and organisational performance
Nearly all (97%) of respondents believe in a link between employee wellbeing and organisational performance, according to research by Edenred.However, its annual 2015 Wellbeing barometer, which surveyed 422 HR decision makers, also found that just a quarter (26%) of employers see employee wellbeing as a priority for their organisation. The ...
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39% of employees do not have life insurance
More than a third (39%) of respondents do not have any form of life insurance, according to research by Canada Life Group Insurance.Its study of 600 UK workers also found that 38% of respondents have not given any thought to life protection.The research also found:59% of respondents who do not ...