All Employer news articles – Page 4
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ArticleArmfield completes £7 million buy-in for pension and life assurance scheme
Research and product development firm Armfield has completed a £7 million buy-in transaction for the Armfield pension and life assurance scheme. The transaction for the scheme secured the benefits for 24 pensioners and 15 deferred members. Bulk annuity and consolidator advisory business K3 Advisory carried out the ...
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ArticleAmazon employees in Dunfermline buzzing about beehives introduction
Source: From Amazon Something for the weekend: A beekeeper employed by retail giant Amazon in Dunfermline, Scotland, has introduced beehives to its fulfilment centre team. Ross Main, who is an inbound support specialist, worked alongside the Amazon sustainability team to set up and keep bees at the ...
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ArticleThe top 10 most read articles between 25 – 31 October 2024
Parliament The top 10 most read articles between 25 – 31 October 2024 on employeebenefits.co.uk were: Autumn Budget 2024: Employer national insurance contributions (NICs) to increase to 15% Autumn Budget 2024: Employment allowance to double and £100,000 threshold scrapped Autumn Budget 2024: Incentives for electric vehicles ...
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ArticleEastern Transport Holdings becomes employee-owned
Source: Shutterstock / 1108927934 Eastern Transport Holdings, the parent organisation of Stephensons of Essex and NIBS Buses, has been sold to an employee ownership trust. The organisation, which operates 140 buses in Cambridgeshire, Suffolk and Essex, employs 200 members of staff and has a current turnover of ...
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ArticleFord workers strike over pay and contract changes
More than 1,000 workers employed by vehicle manufacturer Ford have begun strike action due to a long running dispute over pay and contract changes. The employees, who are represented by trade union Unite, are administrative staff based in Dunton, Stratford, Dagenham, Daventry and Halewood. They began industrial ...
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ArticleDeutsche Bank completes £1.1 billion full pension buy-in
Deutsche Bank has completed a £1.1 billion full buy-in for its UK pension scheme. The scheme is sponsored by a subsidiary of Deutsche Bank and is a client of Legal and General’s asset management division. The buy-in secures the benefits of around 4,000 members. LCP was lead ...
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ArticleBritish Society for Immunology to pilot four-day week
The British Society for Immunology (BSI) has announced that it will take part in a four-day working week pilot for six months, starting on 4 November. During the pilot, which was approved by the board of trustees in July, participating BSI staff will be able to choose ...
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ArticleFDM Group reports -2.5% mean gender pay gap for 2024
Source: T. Schneider / Shutterstock.com Global business and technology consultancy FDM Group has reported a -2.5% mean gender pay gap for 2024, compared to -7.6% the previous year. The employer’s median gender pay gap was -5.1%, versus -4.3% in 2023. Its mean bonus gap for 2024 was ...
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ArticleBoosst transitions to employee ownership trust
Financial planning firm Boosst has transitioned to an employee ownership trust (EOT) in order to ensure its long-term independence and commitment to its clients and employees. Owners Keith and Linda Butten, and managing director Josh Butten, have transferred 100% of their shares to the EOT and have ...
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ArticleRAC completes £1.3 billion pension buy-in
Source: Andrew Harker / Shutterstock / 1819817303 Vehicle breakdown cover provider RAC has completed a £1.3 billion full-scheme pension buy-in for its 2003 pension scheme. The full scheme buy-in insures £1.3 billion of liabilities and secures benefits for around 19,000 of the scheme members. The transaction, which ...
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ArticleScotRail becomes endometriosis-friendly employer
Source: From Shutterstock / 698624737 Scottish train network ScotRail has become an endometriosis-friendly employer scheme as part of its pledge to support its employees impacted by the condition. Through the scheme, which is run by charity Endometriosis UK, the employer will improve its support for its affected ...
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ArticleTransUnion UK pledges to become menopause-friendly employer
TransUnion UK, a global information, insights and credit reference agency, has pledged to become a menopause-friendly employer to build on existing support for employees. Its commitment enables the agency to access Menopause Friendly’s monthly webinars on menopause-friendly employer accreditation pillars, specialist masterclasses, access to a library of ...
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ArticleFather awarded £20,000 after gossip about his flexible working
A man has won more than £20,000 in a claim for sex-based harassment after his colleagues ‘gossiped’ about him working flexible hours. Courtney Rawlins worked for parcel delivery service DPD as a driver, and made a request for flexible working ahead of the birth of his daughter, ...
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ArticleAttractionTickets.com searches for theme park tester at Universal Orlando Resort
Credit: AttractionTickets / Universal Orlando Something for the weekend: If you’re a self-confessed adrenaline junkie, who could ride roller coasters all day long, then the role of theme park tester at Universal Orlando Resort’s new Epic Universe Park could be for you! To celebrate tickets for its ...
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ArticleEngland, Wales and Northern Ireland social workers and council staff accept pay rise
Social workers and other council staff across England, Wales and Northern Ireland have accepted a pay rise for the 2024-25 year, which will be backdated to April. The deal applies to staff working in councils covered by the National Joint Council for Local Government Services, including the ...
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ArticleSapphire rewards contractors with employee ownership bonuses
Source: From Sapphire Manchester-based contracting and accounting firm Sapphire is to distribute employee ownership bonuses worth £350,000 to its umbrella contractors. The total will be awarded to contractors who have worked for the firm for more than a year, as part of its commitment to rewarding the ...
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ArticleReal living wage rate to increase to £12.60
Source: Shutterstock The Living Wage Foundation has announced an increase in its real living wage rate to £12.60 across the UK, and £13.85 in London. More than 15,000 employers across the UK are signed up to pay the new rates for almost half a million employees. The ...
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VideoWatch Employee Benefits’ webinar: Embedding empathy in recognition
Source: Shutterstock Employee Benefits’ webinar, Embedding empathy in recognition: Getting to the heart of workplace engagement, sponsored by Boostworks, is now available to watch on demand. The webinar was broadcast on 22 October at 11.00am. Debbie Lovewell-Tuck, editor of Employee Benefits, was joined by Jo Werker, chief ...
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ArticleLVMH launches international employee share plan
Source: LVMH Group Luxury goods brand Moët Hennessy Louis Vuitton (LVMH) has launched an employee share plan for 70% of its global workforce. The scheme, LVMH Shares, will run in 11 locations in Europe, North America and Asia. Eligible employees will receive a matching contribution of shares. ...
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Article44% of employers see 0-25% take up of mental health benefits
Employee Benefits poll: Just over two-fifths (44%) of employers have noted a take up of mental health benefits of between 0-25%, according to a survey of Employee Benefit readers. Nearly a quarter (22%) revealed they have seen a take up of 51-75%, and a further 11% reported ...