All articles by Debbie Lovewell-Tuck – Page 15
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ArticleGovernment publishes white paper on defined benefit pensions
The Department for Work and Pensions (DWP) has published a white paper on defined benefit (DB) pension schemes setting out the government’s intentions to give The Pensions Regulator (TPR) stronger powers to take action against company directors who commit reckless action in relation to a pension scheme, strengthening scheme funding ...
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ArticleHigher earners most likely to experience work-related stress
Just under three-quarters (72%) of respondents earning more than £40,000 per annum experience work-related stress, making this the most likely earnings group to do so, according to research by Perkbox.Its 2018 UK workplace stress survey, which surveyed over 3,000 British workers over the age of 18, also found that long ...
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ArticleGoldman Sachs International reports 55.5% mean gender pay gap
Goldman Sachs International (GSI) has reported a 55.5% mean gender pay gap for fixed hourly pay.In addition, Goldman Sachs (UK) SVC (GSUL) has reported a mean gender pay gap of 16.1% for fixed hourly pay.Collectively, the two UK entities of investment banking organisation Goldman Sachs employ 9,000 employees. The organisation ...
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OpinionLovewell's logic: Is government backtracking on tax-free childcare?
On Tuesday (13 March), the government announced that it is to delay the closure of workplace childcare voucher schemes by six months, extending the April deadline for employees to sign up to a scheme.Since it was announced that childcare vouchers would be phased out to make way for the government’s ...
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OpinionLovewell's logic: Equal pay claims gather pace
Is it just me, or does it seem rather apt that in the same week as International Women’s Day (8 March) several equal pay claims were brought by current and former female employees against well-known UK brands?Earlier this week, law firms representing the claimants announced they would be bringing claims ...
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OpinionLovewell's logic: Is your workforce fit for the future?
What does the future workforce look like in your organisation?Is it likely to be more diverse than ever, with up to five generations now present in many workforces? Is it likely to include more millennials than ever, with the new expectations that they bring? Or will it comprise older employees ...
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OpinionJonathan Watts-Lay: Helping employees to focus on their finances
It is not uncommon for employees to face financial worries at various stages of their life, whether that is dealing with debt, concerns over retirement savings or making their monthly budget work.The link between debt, money worries and stress, lower productivity and absenteeism are increasingly recognised by employers and many ...
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ArticleDebbie Lovewell-Tuck: Maximising the effectiveness of financial wellbeing
As our Financial Wellbeing Week, in association with Wealth at Work, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.Over the past few years, we have seen employers’ approaches to supporting their employees almost go ...
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ArticleConfessions of a benefits manager: Candid attends benefits training
Big Bad Boss has decided I should go to a benefits training seminar. Sounds like it won’t be much of a jolly or he would be going himself. Smarmy Consulting, our pension advisor, run all sorts of events from splendid banquets to low-budget breakfast meetings. It is typical that I ...
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ArticleDebbie Lovewell-Tuck: Addressing the need for mental wellbeing support
As our Mental Wellbeing Week, in association with Benenden, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of benefits.This dedicated week was designed to bring you exclusive insights and opinions uncovering best practice on employers’ approaches to supporting ...
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OpinionHelen Smith: Stop mental health becoming a tick-box culture
With a growing national emphasis on mental health, UK employers have never had a better opportunity to start a conversation with their employees about their mental wellbeing.Our Mental health in the workplace report, published in November 2017, found that seven in 10 employees have suffered from a condition related to ...
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OpinionLovewell's logic: Is cutting male pay the solution to gender pay inequality?
Would you agree to a cut in pay if it meant others within your organisation could enjoy a rise, thus placing you all on a more equal footing?This may not sound like a particularly appealing or realistic option, however strongly they may feel against pay inequality. Yet, several BBC presenters ...
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OpinionJerry Edmondson: Take employee engagement off your to-do list
Given the economic climate and levels of uncertainty around Brexit, improving employee engagement is set to be a key item on most organisations’ HR agendas for 2018. By increasing engagement, it can make it easier to retain expert and experienced employees and improve workforce efficiencies.But, while the economic and political ...
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ArticleDebbie Lovewell-Tuck: Reflecting on employee engagement
As our Engagement Week, in association with Aon Employee Benefits, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of benefits.This dedicated week was designed to bring you exclusive insights and opinions uncovering best practice on employee engagement in ...
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OpinionLovewell's logic: Will Carillion result in long-term pensions change?
Since support services firm Carillion collapsed earlier this week, a number of questions have been raised about the organisation’s remuneration and pension arrangements.Numerous news reports have told of employees fearing the non-payment of salary owed, while the organisation’s pension arrangements have transferred to the Pension Protection Fund (PPF).At the time ...
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ArticleConfessions of a benefits manager: Candid completes a performance review
For once, I have not been involved in the performance review project, so I feel perfectly at liberty to complain about it. Everyone hates performance reviews; that is unless you get a super high rating and a special bonus to match. Otherwise, it is just another niggling task to complete ...
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ArticleLovewell's logic - Look to the future now...
It’s the time of year when seasonal festivities are in full swing and thoughts are inevitably turning to family, friends, celebrations and time away from work.It is also the time of year when many of us look back and wonder just where the year has gone. Is it just me ...
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OpinionRaman Sankaran: Is it time for eldercare to get the same recognition as childcare?
Growing old is as natural as being young. Yet, while most businesses have policies to support their employees’ childcare arrangements, eldercare is ambiguous or completely overlooked.Two-thirds of British adults believe organisations should redress this imbalance, giving eldercare the same support as childcare receives, according to the Simplyhealth/YouGov Everyday health tracker ...
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ArticleConfessions of a benefits manager: The trials and tribulations of voluntary benefits
Big Bad Boss has leapt on another bandwagon. I just wish he would have his own ideas rather than simply recycling someone else’s. This week it seems his mantra is voluntary benefits and I know exactly where it originated. There’s a new Higher Being spreading discontent among the executive management ...
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ArticleTop 10 most read stories: 16-22 November 2017
The 10 most read stories on www.employeebenefits.co.uk between 16-22` November 2017 were: Diesel supplement in company car tax to increase by 1%How to ensure group risk policies comply with state pension age increasesUniversities UK proposes closing USS pension scheme to future accrualGovernment to increase personal allowance and higher-rate tax thresholdGovernment ...