All articles by Carol Millett – Page 6
-
ArticleHome workers offered canine communications boost
Photo credit: Paws in WorkSomething for the weekend: Is your workforce suffering from the dog days of lockdown lethargy? Has life begun to feel little more than the tired work-from-home routine of logging on, catching up, logging off - and repeat? Perhaps your communications need some pawsitive energy.Fret no more. ...
-
AnalysisHow are employers honing their financial wellbeing schemes to help staff weather the pandemic?
Need to know:Employers are moving away from purely educational financial wellbeing to pro-active interventions such as workplace savings schemes.Home working is driving a shift in the way financial wellbeing advice is provided.Despite the pandemic, financial wellbeing remains the Cinderella of employee wellbeing.The Covid-19 (Coronavirus) pandemic is shining a spotlight on ...
-
Case StudiesHays supports the financial wellbeing of staff through the pandemic and beyond
Specialist recruitment group Hays offers a range of financial wellbeing benefits to help support its workforce through the pandemic and beyond.Rosemary Lemon, group head of reward, says: “Financial worries are one of the biggest causes of stress and this can affect how we feel emotionally, our mental wellbeing, and our ...
-
Article58% of part-time employees have workplace pensions
Just over half (58%) of all part-time employees in the UK have workplace pensions, compared to 86% of full-time workers, according to new data from the Office of National Statistics (ONS).Men who work part-time in the private sector are particularly under-represented in employer pension schemes, with only 41% in one. ...
-
Case StudiesAND Digital prioritises employee choice and flexibility
Six years after its launch, technology specialist AND Digital decided its benefits package was in need of an urgent overhaul.The organisation's aim was to provide a benefits solution good enough to support staff through a global pandemic, on a platform that would satisfy its high-tech employees.The solution also had to ...
-
AnalysisWhat will be the key issues in reward and benefits post-Budget?
Need to know:New budgetary policies could see a squeeze on employee benefits and rewards.Reward professionals must tailor rewards to meet staff’s physical, social and financial needs in the 'new normal'.Employees are increasingly demanding sustainable rewards and benefits.Reward professionals hoping the Chancellor’s latest Budget might provide radical policies to transform the ...
-
ArticleWomen have up to 45% less in their pension pots than men at retirement
A new report by Barnett Waddingham has revealed a stark gender disparity in wealth at retirement, with women having between 25% and 45% less than men in their pension pots when they retire.The research, based on an analysis of some 35,000 members in seven defined contribution (DC) schemes, found that ...
-
ArticleStudy finds mindset key to financial wellbeing
Pensions and investment company Aegon has today (29 March) published research which has analysed the link between financial wellbeing and people’s mindsets.The Financial wellbeing index placed an equal weighting on money factors such as income levels, budgeting skills and affordability of debt, alongside mindset factors such as peoples’ ability to ...
-
ArticlePandemic drives growth in tech industry salaries
Salaries across the technology industry leapt by 12% last year on average, outstripping average pay rises of 5%, according to a new report.The Xcede salary guide, set to launch on Monday (29 March), looks at trends in the data, digital, and technology sectors over the past year.It revealed that average ...
-
ArticleEXCLUSIVE: BAE Systems outlines placing mental health at the centre of wellbeing strategies
Employee Benefits Insights 2021: The pandemic has thrown into sharp relief the need for robust mental health strategies, explained Claire Walsh, health, wellbeing and injury prevention manager for BAE Systems.In the closing keynote address to the Employee Benefits Insight 2021 virtual event, Walsh told delegates: “If we consider the ...
-
ArticlePoll: Almost half of staff wages cut or frozen as pandemic bites
Employee Benefits poll: A fifth of UK employers have cut staff wages as a result of the Covid-19 (Coronavirus) pandemic, with another 25% implementing pay freezes.According to the latest Employee Benefits straw poll, 20% of organisations have reduced their employees’ salaries in direct response to the impact of Coronavirus.At the ...
-
ArticlePoll: Two-thirds of employers do not link pay and bonuses to social responsibility goals
Employee Benefits poll: Two-thirds of employers do not link pay and bonuses to social responsibility goals.According to the latest Employee Benefits straw poll, 66.67% of www.employeebenefits.co.uk readers have no scheme under which employees are rewarded through pay rises or bonuses for meeting corporate responsibility targets.However the other third of respondents ...
-
ArticleTreasury launches pension age consultation
The Treasury has published a consultation, Increasing the Normal Minimum Pension Age (NMPA), which confirms plans to raise the NMPA from 55 to 57 years by 2028 to reflect changes to the minimum state pension age.The document, published yesterday (11 February), stated: “The government believes that increasing the minimum pension ...
-
ArticleExpat healthcare increasingly challenging
Businesses are finding it increasingly difficult to develop healthcare packages for international workers, according to a survey by AXA Global Healthcare.The World of Work research compares trends from 2017 and 2020, highlighting changes in the process of establishing and supporting international assignments.The survey found that of the 543 HR decision-makers ...
-
ArticleLandmark Pension Schemes Bill receives Royal Assent
The Pension Schemes Bill has been granted Royal Assent today, ushering in major changes to pension schemes aimed at providing greater protection for members.The move sees the Bill become the Pensions Schemes Act, almost three years after it was first mooted in response to the BHS and Carillion pension scheme ...
-
ArticleSussex Police Force de-stress with wellbeing dogs
Something for the weekend: Being a bobby on the beat can be hard at the best of times, but policing during the pandemic brings its own unique and stressful challenges - from breaking up illegal lockdown parties and fining hill walkers for carrying cups of coffee to being spat at ...
-
ArticleMental health-related absenteeism costs rose to £14 billion in 2020
Mental health-related absence cost UK businesses £14 billion last year, according to research by Westfield Health, with Covid-19 (Coronavirus) largely to blame.Its Coping with Covid report found mental health-related absenteeism costs rose by £1.3 billion during 2020, compared to 2019, as working from home, furlough and pay cuts brought radical ...