All Article articles – Page 697
-
Article
Hardest working man...ever?
Did you wake up feeling tired, dejected and underpaid? Fear not - here is one young man to inspire you.David Day undertakes a staggering five paid positions and six voluntary posts with which he estimates he clocks up 50 hours’ work per week.The 21-year-old, who earns just £500 a month, ...
-
Article
Top 10 most read stories this week
This week’s top 10 news stories on EmployeeBenefits.co.uk between 21 June and 27 June:E.On raises pensions take-up to 92% after auto-enrolmentAuto-enrolment prompts employers to review their benefits offeringEmployers launch flexible working forumMPs call for mandatory equal pay auditsChris Judge: Lifetime pension allowance limits changingUniversity of Reading launches online reward and ...
-
Article
DOD’s blog: Benefits strategies change gear
I have spent this week at the Employee Benefits Summit in Spain, networking with leading reward and benefits managers as well as learning from leading experts and suppliers across a variety of reward disciplines.This annual event allows many of us – employers, sponsors and the Employee Benefits team – to ...
-
Article
Merlin Entertainments launches restaurant and cinema discount card
EXCLUSIVE: Merlin Entertainments has launched a restaurant and cinema discount card for its employees.The Gourmet Society card, which provides employees with discounts at more than 6,000 restaurants in the UK and Ireland and gives staff discounted cinema tickets, is open to more than 8,000 Merlin employees across the UK and ...
-
Article
Olympic success boosts TFL commissioner's pay by £319,000
Transport for London (TFL) commissioner, Peter Hendy, received a £319,006 boost to his remuneration package for 2012/13 as a result of two performance-related bonuses awarded in recognition of the employer’s successful service delivery during the London 2012 Olympic and Paralympic Games.The two bonuses of £150,366 and £168,640 are for 2010/11 ...
-
Article
Interserve employees see £1,000 increase for share save
Interserve employees are to see an average profit increase of £1,122 for their share save scheme.The support services and construction organisation’s share save scheme, which currently has more than 700 UK employees signed up and is administered by YBS Share Plans, has matured to 489.0p, up from 369.8p on maturity ...
-
Article
Osborne risks backlash over public sector pay reform
The government is to axe automatic annual pay rises in the civil service as part of a pledge to make £11.5 billion worth of public sector savings in 2015/16.Chancellor George Osborne revealed the proposed legislation in the Spending Review 2013 at the same time as confirming that public sector pay ...
-
Article
Parliamentary Commission lobbies for new banking remuneration code
The Parliamentary Commission on Banking Standards has published its fifth and final report.The Changing banking for good report, which has been heavily influenced by recent banking misconduct that took place under the former Financial Services Authority (FSA) regime, contains a package of recommendations intended to raise standards in, and transform ...
-
Article
Generation Y drives global mobility
Generation Y will increasingly influence employers’ global mobility strategies, which they must adapt to suit young employees’ differing mindsets and expectations.Speaking in a session titled ‘Consistency, transparency and flexibility in today’s approach to global mobility’ at the Employee Benefits Summit in Alicante, Spain, on 26 June, Tim Wells (pictured), former ...
-
Article
Yorkshire Water engages staff in wellbeing strategy
Involving employees in health and wellbeing strategies is the best way for employers to see a return on investment.Speaking in a session titled ‘Are health and wellbeing solutions worth investing in?’ at the Employee Benefits Summit in Alicante, Spain on 26 June, Susan Gee, employee health and wellbeing manager at ...
-
Article
Large pay ratios can demotivate staff
Organisations with a high ratio between the highest and lowest-paid employees may have lower levels of engagement and motivation.Speaking in a panel debate at the Employee Benefits Summit on 25 June, Deborah Hargreaves, director of the High Pay Centre, said: “There comes a tipping point beyond which a high ratio ...
-
Article
ATS Euromaster invests in engagement
Tyre manufacturer ATS Euromaster has increased employee engagement, reduced absenteeism and decreased staff turnover following a three-year business turnaround programme.Speaking at the Employee Benefits Summit in Alicante, Spain on 25 June, Irene Stark, HR director at ATS Euromaster, described its programme in a session titled ‘How can engagement drive a ...
-
Article
Adidas and Quintiles top UK’s healthiest employers
Quintiles and Adidas UK are among the employers recognised in the 2013 Britain’s Healthiest Company Awards.The awards, which were launched by PruHealth and Mercer, analysed the health and wellbeing strategies oforganisations around the UK.The event is designed to give employers a better understanding of the health and lifestyle of their ...
-
Article
Employees believe performance-related pay fuels productivity
Some 40% of respondents to Kelly Services’ annual Kelly Global workforce index claim that they would be more productive if they had their salary linked to performance targets.But the survey, which polled nearly 90,000 employees in 30 countries, found that just one third (30%) of respondents’ pay is tied to ...
-
Article
PGA launches free payroll giving 'donor passport' system
A British fundraising organisation has launched an online ‘donor passport’ system, designed to reconnect charities with lapsed donors and boost take-up of its payroll giving scheme.Payroll Giving in Action (PGA)’s free Payroll Giving Portal provides a portable digital management system for employers, charities and donors.Donors are provided with a permanent ...
-
Article
University of Reading launches online reward and recognition portal
The University of Reading has introduced an online reward and recognition portal.The organisation’s Celebrating Success scheme, provided by AYMTM, is part of the employer’s commitment set out in its HR Strategy to recognise and reward achievement at the earliest possible opportunity.The system allows managers to nominate employees for awards, which ...
-
Article
BMW wins Grand Prix at Employee Benefits Awards 2013
The car manufacturer, which was shortlisted in three categories, was chosen for the top award by the judges because of the steps it took to support staff mental wellbeing.BMW implemented a stress management programme in January 2012 as a result of staff feedback. The support service, run by The Priory ...
-
Article
Janine Sparks is benefits professional of the year
Sparks has more than 25 years’ experience in the reward and benefits industry, working with organisations such as Lloyds TSB Asset Finance, Morgan Grenfell and Debenhams.She was nominated for the award by industry peers who said she was someone fellow benefits practitioners looked up to and felt they could go ...
-
Article
Restraint shown in setting executive remuneration
Research published in May and June showed bonuses have fallen for FTSE 100 executive directors and pay freezes are on the increase.Fit Remuneration Consultants’ FTSE 100 executive remuneration survey, published in May, found that 32% of FTSE 100 employers will not increase salaries this year, up from 27% that took ...
-
Article
Bikes-for-work schemes reduce staff absence
A survey published by charity Sustrans in June showed cycling to work could halve the number of sick days taken by UK employees.The survey, of more than 800 people on the National Cycle Network, found cyclists took an average of 2.4 sick days a year, compared with an overall average ...