All Employer news articles – Page 7
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ArticleRoyal Mail launches collective defined contribution pension plan
Source: Shutterstock Royal Mail has launched a collective defined contribution (CDC) pension plan to provide its more than 100,000 employees with a cash lump sum and an income in retirement. Along with the Communications Workers Union (CWU) and Unite CMA, the employer designed and implemented a pension ...
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ArticlePharmacists employed by Boots accept 4% pay increase
Pharmacists employed by Boots have accepted a 4% pay increase effective from 1 November following discussions between the retailer and the Pharmacists’ Defence Association (PDA) union. Under the agreement, all eligible pharmacists, who are not in their notice period or have not had a pay increase on ...
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Article59% of DC pension savers will enter retirement with savings below expectations
Nearly three in five defined contribution (DC) pension savers will enter retirement with savings below expectations or below an adequate level, according to analysis by Phoenix Insights. Phoenix Group’s longevity think tank’s report Tomorrow’s problem? Analysing the future impact of DC pension undersaving is based on responses ...
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ArticleThe top 10 most read articles between 27 September - 3 October 2024
The top 10 most read articles between 27 September - 3 October 2024 on employeebenefits.co.uk were: Tribunal claim over ‘dubious’ birthday leave fails Co-op launches diversity campaign and social mobility, inclusion and belonging strategy NEU teachers in England accept 5.5% pay rise Egress, Adobe Systems and ...
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ArticleJCDecaux and British Film institute implement home-heating perk for staff
Source: Shutterstock Employers JCDecaux and the British Film institute (BFI) have introduced a new home-heating benefit scheme for their employees. Provided by Heat Scheme, the benefit programme helps employees reduce their energy bills and carbon footprint. JCDecaux, the advertising firm, and the BFI can provide interest-free loans ...
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ArticleVivid reduces ethnicity pay gap
Source: Vivid Vivid has reduced its ethnicity pay gap to 0.5% and maintained its equal gender pay gap of 1%. The affordable housing provider has eliminated the pay disparity between white and non-white employees by encouraging recruiters to shortlist as many applicants from under-represented groups as possible ...
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ArticleExclusive: Visibility in the workplace can help staff to be their authentic selves
Employee Benefits Live 2024: Improving awareness and visibility in the workplace can allow employees to be their authentic selves, said Mark Foster in his keynote address on 9 October at Employee Benefits Live 2024. Opening the second day of the conference with his presentation titled Embracing authenticity: the power of ...
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ArticleExclusive: Interlinking financial, mental and physical wellbeing can ensure support is well-rounded
Employee Benefits Live 2024: It is beneficial to ensure financial, mental and physical wellbeing are all interlinked in order for employers to offer a range of appropriate employee support, according to Wolseley and The Big Word Group. During a session titled The holy trinity of financial, mental and physical wellbeing ...
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OpinionKeely Rushmore: What can employers learn from the Next employment tribunal judgment?
Keely Rushmore Source: From Keystone Law Keely Rushmore, employment partner at Keystone Law The employment tribunal judgment in the case of high street retailer Next serves as a reminder that roles that may seem very different can be compared against each other under the equality legislation, to ...
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ArticleJust 8-9% of UK employers publish pay ranges externally
Source: Shutterstock While only 8-9% of UK employers publish pay ranges externally, nearly half (48%) have committed to sharing data, according to research by financial services firm Mercer. Its UK pay transparency study, which took data from nearly 100 businesses representing more than one million employees, to ...
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ArticleBCN appoints chief people officer
BCN, a cloud IT managed service provider and digital transformation firm, has appointed Victoria Jackson chief people officer to oversee the human resources function and ensure it is an employer of choice. BCN has more than 400 employees across Manchester, Leeds, Reading and Belfast. Jackson will ensure ...
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Case StudiesCadent uses ethnicity pay gap data to improve workforce diversity
Cadent believes it is good practice to carry out ethnicity pay reporting in order to be fully transparent, understand potential pay discrepancies and identify any potential root causes, as this then drives meaningful actions to address them. The gas distribution network employs more than 6,000 UK employees and first published ...
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AnalysisHow to conduct an ethnicity pay review
Source: Shutterstock Mandatory ethnicity pay gap reporting will be introduced in the future, along with the Equality (Race and Disability) Bill. Ethnicity data is a special category under GDPR, so employers must state what it will be used for and how it will ...
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ArticleMedian pay award remains at 4% for three months to August
The median pay increase across the economy remained at 4% in the three months to August 2024 after falling from 4.8% in June, according to the latest figures from Incomes Data Research (IDR).
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ArticleNEU teachers in England accept 5.5% pay rise
Teachers who are members of the National Education Union (NEU) in England have voted to accept the government’s pay award of 5.5%.
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Article15% of menopausal women considered quitting due to lack of employer support
More than one in 10 (15%) menopausal women have considered quitting work due to lack of employer support, according to a report by HR consultancy Hoomph.
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ArticlePrivate medical insurance found to be most in-demand employee benefit
Private medical insurance (PMI) has been found to be the most important perk that employees look for in their benefits package, according to research by benefits technology provider Zest.
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Article14% of employers offer dedicated cancer support to employees
Employee Benefits poll: Just over a tenth (14%) of organisations offer dedicated cancer support to their employees, according to a survey of Employee Benefits readers.
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ArticlePoll: What is the take up of your mental health support benefits?
Take part in our latest readers’ poll on a current topical issue. Last week, Employee Benefits reported that Market Harborough Building Society signed the mortgage industry mental health charter as part of its commitment to support employees’ health and wellbeing and mental health. By signing, it has voluntarily agreed to ...