All Article articles – Page 612
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Article76% say pay helps to motivate employees
But they do not consider it to be the main motivator, with only 22% of 55 respondents who answered this question claiming this to be the case in their organisation. Just 2% of respondents do not believe pay motivates their workforce. Encouragingly, 64% of 35 respondents measure the extent to ...
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ArticleUniversity of Wales pays out £460,000 in equal pay case
Nearly £500,000 (£460,000) has been paid out to 18 men in an equal pay case against the University of Wales Trinity Saint David.The group of support staff, which includes plumbers and caretakers, won the case in April 2014, after taking the university to an employment tribunal on the grounds of ...
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ArticleConsumer Rights Bill to impact salary sacrifice benefits
(Article UPDATED on 24 June 2014: see additional information below)The Consumer Rights Bill (CRB) could impact the provision of flexible benefits schemes and salary sacrifice arrangements.The CRB, which has passed through the House of Commons and has had its first reading in the House of Lords, with a second reading ...
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ArticleSports Direct seeks approval for 2015 bonus scheme
Sports Direct is seeking approval from its shareholders for the implementation of its 2015 bonus share scheme.The terms of the bonus scheme provide for the grant of up to 25 million shares in the organisation to eligible employees, including executive directors.The vesting of these shares would be conditional of certain ...
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Article76% expect performance-based bonuses to be core to future pay deals
But only 26% believe discretionary bonuses will remain. In terms of basic pay, 56% of the 55 respondents that shared their views about the key features of future pay deals believe set basic pay will remain the primary feature of employers’ pay deals, with just 24% expecting flexible basic pay ...
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ArticleEAP counselling cuts inability to cope at work
Employee counselling through employee assistance programmes (EAPs) can help to cut employees’ inability to cope in work, from 51% to 5%, according to research by Capita Health and Wellbeing.Its research, which analysed data on more than 3,500 employees who had used advice and counselling services through an EAP in 2013, ...
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ArticleAnglian Water raises awareness of mental health
EXCLUSIVE: Anglian Water is raising awareness of mental health in the workplace as part of its annual health and wellbeing campaign.The utilities organisation is educating its 4,000 employees about what they can do if they are suffering from mental health, if a family member is suffering or if they notice ...
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ArticleBarclays partners Standard Life to support SME's auto-enrolment duties
Barclays Corporate and Employer Solutions has partnered with pension provider Standard Life to support small and medium-sized employers (SME) navigate the challenges of auto enrolment.Its Barclays Auto Enrolment Advantage aims to help support organisations comply quickly, as the number of SMEs reaching their staging date increases.Barclays will provide the guidance ...
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Employee Benefits Summit inspires delegates
She said the impact of the recession, consumer trends and workforce demographics means reward may never look the same again.Speaking in a session entitled ‘The outlook for reward and benefits as the economy improves’, Sarah Purnell, head of UK reward and benefits at Tesco, said three key drivers are fundamentally ...
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ArticleTSB Bank staff to receive £100 in shares
TSB Bank is to grant each of its 8,600 employees £100 in shares at its initial public offering (IPO) as part of a new reward strategy to be rolled out in 2015.The bank also intends to replace its existing bonus structure with two new reward schemes: the TSB Award and ...
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ArticleM&S to roll out staff wellbeing initiatives
Marks and Spencer is to roll out a series of new health and wellbeing initiatives for employees in 2015.In its Plan A Report 2014, published on 5 June, the retailer stated that it will:Establish measures and report on employee wellness to supplement the more traditional measures of employee engagement.Extend access ...
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Article£4.6m paid out to 22,000 staff in minimum wage arrears
More than £4.6 million has been paid to more than 22,000 employees in wage arrears following investigations by HM Revenue and Customs’ (HMRC) national minimum wage enforcement teams.In the past year, HMRC has conducted 1,455 investigations and issued 652 financial penalties worth £815,269.HMRC found arrears in 47% of cases and ...
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ArticleTeam building tips from a day at the zoo
Something for the weekend…When an employer sends employees on a staff day out to train, bond and develop team skills, perhaps the best place to do so is at the zoo.Eighteen traffic wardens who patrol the streets of Ashford, Kent, were sent to nearby Port Lympne Wild Animal Park to ...
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ArticleDOD’s blog: The inspiration of Finding Mike
Last week I had the privilege of being invited to the film premiere of Finding Mike by one of its sponsors, Legal and General. This documentary tracks how Jonny tried to find the stranger who stopped him jumping off Westminster Bridge eight years previously.While the film was compelling viewing, it ...
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ArticleTop 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 29 May to 5 June:1. Employee wellbeing rises up the corporate agenda 2. Why hard data on employee benefits has become so crucial 3. Employee engagement and wellbeing go hand in hand 4. Microsoft hosts wellbeing week 5. Sky uses benefits ...
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ArticleLive Nation shortlisted for work-life balance
Live Nation Entertainment is among the employers that have been shortlisted for the award ‘Best work-life balance strategy’ at the Employee Benefits Awards 2014.This award recognises the steps taken by employers to help employees achieve a strong work-life balance and improve personal wellbeing, whether they are working parents, carers or ...
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Article43% expect to have to plug NHS support gap
Some 43% of employers expect to have to plug the support gap created by the National Health Service (NHS) without the government introducing tax breaks on health and wellbeing products and services, according to the Employee Benefits/Lorica 100 Club research 2014.A large majority (85%) of 54 respondents believe tax breaks ...
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ArticleWood Group PSN switches occupational health provider
Wood Group PSN has changed its occupational health services for its 30,000 employees.The oil services provider, which employs both onshore and offshore staff in 40 countries, previously offered an occupational health scheme provided by Capita and another supplier.It has signed a £6-million, three-year contract with Capita, which will deliver all ...
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Article53% unaware of incoming flexible working legislation
More than half (53%) of employer respondents are unaware of the incoming flexible working legislation, according to research by online career portal Jobsite.Its Flexible working research, which surveyed 500 employers and 1,000 employees, found that, among employer respondents that are aware, 25% have not thought about the impact the legislation ...
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ArticleQueen’s Speech sets out collective DC pension plans
Collective defined contribution (CDC) pension schemes will be included in primary legislation in next year’s pensions bill, announced the Queen during the state opening of Parliament.The Private Pensions Bill would:Make provisions for a new legislative framework in relation to the different categories of pension schemes. It would establish three mutually ...