All Financial wellbeing articles – Page 23
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ArticleNon-NHS health staff win one-off bonus
Thousands of health workers will now receive a one-off bonus after threatening legal action against the government. A payment of at least £1,655 was agreed for NHS workers as part of their pay deal in England, but thousands of outsourced staff did not qualify for this as ...
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ArticleLyft and Uber agree to $328m settlement after pay and benefits were withheld
Credit: Sundry Photography / Shutterstock.comRide-share firms Lyft and Uber have agreed to pay $328 million (£262 million) in settlements to current and former drivers following investigations by New York Attorney General Letitia James.The multi-year investigations into Uber and Lyft found that pay and benefits available under New York labor laws ...
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ArticleNational Joint Council for Local Government Services staff accept pay deal
Employees at the National Joint Council for Local Government Services (NJC) have accepted a pay deal, following a long-running dispute.The deal will see a £1,925, or 6.4%, rise for staff outside of London earning up to £49,950, with a 3.88% increase for those on higher wages. Outer London staff will ...
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Article88% experiencing more symptoms of burnout
Almost nine in 10 (88%) Britons are experiencing more burnout symptoms than usual, according to research by Cigna Healthcare.Its 2023 Vitality study, which surveyed 10,800 respondents in the US, UK, Netherlands, Spain, Belgium, Switzerland, Kenya, the UAE, Saudi Arabia, China, Singapore, and the Hong Kong SAR, also found that half ...
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Supplier article
How BT supports employees to build financial resilience and prepare for retirement
https://youtu.be/WOTiF16Lx64Research[1] by WEALTH at work found that 83% of employees are concerned that the cost of-living crisis will mean they will have to work longer before retiring and 33% think they won’t ever be able to afford to retire at all.Making regular contributions into a pension pot is also becoming ...
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ArticleHomes England ordered to pay £24,000 in equal pay case
Homes England has lost an equal pay case against a senior employee who was paid £14,000 less than her male colleagues.Jennifer Owen joined the organisation as a quantity surveyor in November 2020 on a salary of £51,258 per year, which was the minimum in her pay band. She was told ...
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ArticleGender pay gap falls by a quarter over the last decade
The gender pay gap has fallen by one-quarter among full-time employees over the last decade to 7.7% in April 2023, according to figures from the Office for National Statistics (ONS).This figure is up from 7.6% in 2022, but is below the 9% gap before the Covid-19 pandemic in 2019. The ...
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Supplier articleTHE ART OF REWARDING YOUR PEOPLE AT CHRISTMAS
Something they want, something they need, give them a treat, and watch your business succeed. There’s an art to rewarding your people in a way they’ll truly appreciate and remember whilst making it sustainable for you. Did you know that we’re one of the leading UK digital ...
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Supplier articleWEALTH at work launch NEW Corporate ISA
In today’s economic climate, helping employees to build their financial resilience and providing them with the knowledge and tools to do so, has never been so important.Whilst a workplace pension provides a savings vehicle for retirement, many organisations want to put in place a tax efficient savings option for those ...
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Article87% of employers have heard wellbeing concerns from staff
The majority (87%) of organisations have been approached by an employee in the past 12 months to discuss concerns relating to their wellbeing, according to new research from Mintago.The fintech startup surveyed 503 senior managers within UK-based organisations in both the public and private sector, and found that mental health ...
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ArticleLakeland introduces new staff wellbeing support
Credit: Ben Molyneux / Shutterstock.comKitchenware and homeware retailer Lakeland has implemented new wellbeing support to protect its more than 1,300 members of staff.Through a partnership with retail industry charity the Retail Trust, Lakeland employees can access a range of mental health resources, such as counselling and cognitive behavioural therapy for ...
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ArticleWorker Protection (Amendment of Equality Act 2010) Bill receives Royal Assent
The Worker Protection (Amendment of Equality Act 2010) Bill has received Royal Assent as of this month.The initial bill drafting proposed liability on employers for harassment of their employees by third parties, such as a customer, client, supplier or contractor, which meant an employee could therefore be harassed by simply ...
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ArticleThe top 10 most-read articles between 20 - 26 October 2023
The top 10 most-read articles on employeebenefits.co.uk between 20 - 26 October 2023 were: KPMG implements pay freeze for some employeesLiving wage rates rise to at least £12 an hour59% of British workers feel unhappy with their benefits packagesCottesmore School appoints AI principal headteacherSixth form college staff accept pay riseExclusive: ...
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ArticleGreater London Authority receives living hours accreditation
Credit: Pajor Pawel / Shutterstock.comGreater London Authority has become a living hours accredited employer to combine the security of fair pay with a regular and reliable wage.The employer has committed to provide its employees with at least 16 hours work a week, unless otherwise requested, a minimum of four weeks’ ...
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AnalysisHow can voluntary benefits support employees in uncertain times?
Credit: Emerge / Shutterstock (1079190161)Employers should have an understanding of the issues their employees face in order to produce targeted and appreciated voluntary benefits strategies.To combat the cost-of-living crisis, employees can use spend and save platforms to save money on a day-to-day expenditures and weekly grocery shopping.Employees react better to ...
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ArticleJerba Campervans accredited as living hours employer
Scottish campervan converter business Jerba Campervans has received living hours employer accreditation as part of its commitment to demonstrate fair work practices.Its employees will now receive a contract reflecting actual hours worked, as per the living hours standard, and will be able to work a minimum of 16 contracted hours ...
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OpinionColin Godfrey: Supreme Court ruling on unlawful wages deduction from unpaid or underpaid holiday pay
Earlier this month, the Supreme Court handed down its judgment in the important case of Chief Constable of Northern Ireland v Agnew. In a judgment that will be welcomed, the Supreme Court has determined that, in a claim by an employee for an unlawful deduction of wages arising from unpaid ...
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ArticleLiving wage rates rise to at least £12 an hour
The Living Wage Foundation has announced new living wage rates for London and across the UK in order to provide a cost-of-living pay boost.The foundation independently calculates the rates based on what people need to live on and applies to everyone over 18. This year the rate increased by 10% ...
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Supplier articleEmployers Urged to Fight Homelessness After 18% Rise in Rough Sleeping: Join the Webinar and Empower your People to Fight Homelessness this Winter
Crisis and Homeless Oxfordshire are collaborating with volunteering and eco-action platform OnHand for a webinar on November 9th at 11.30am after new government figures show an 18% increase in people sleeping on the streets. The webinar provides a unique opportunity for employers to engage their people in ...
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Supplier articleHow employees can track down lost pensions and guidance on pension consolidation
2.8m lost pension pots in the UK, worth around £26.6 billionWEALTH at work explains how employees can track down lost pensions and provides guidance on whether to consolidateThe total value of lost pension pots has grown from £19.4 billion in 2018 to £26.6 billion in 2022. There are 2.8 million ...