All Financial wellbeing articles – Page 31
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ArticleExclusive: The Big Table Group rolls out financial wellbeing app to more staff
Restaurant group The Big Table Group has expanded its financial wellbeing offering to its staff at Banana Tree and has introduced unrestricted usage of a flexible pay feature.The group, which owns Bella Italia, Cafe Rouge and Las Iguanas restaurants, initially launched a partnership with financial wellbeing provider Wagestream in May ...
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ArticleSerco staff in Norfolk accept 20% pay rise
Workers at citizens services, defence, transport, justice, and health firm, Serco based in North Norfolk and Breckland, have accepted a 20% pay rise, ending the threat of more strikes that have been ongoing for the past few months.The staff, who are refuse, street cleaning, grounds maintenance and cleansing workers, approved ...
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Case StudiesRicoh readies itself for next generation of workplace AI
In June 2019, document services, consulting, software and hardware business Ricoh placed itself at the vanguard among employers, introducing financial wellbeing artificial intelligence (AI) chatbot MyEva to its approximately 2,000 UK employees.In the years since, the organisation has seen registration for the service increase from 19% to 46%, highlighting employees’ ...
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ArticleKearney implements new Europe family support package
Global management consultancy firm Kearney has announced an expanded family support package for its European workforce.The firm, which employs 4,200 workers across 40 countries, will provide six months of full-time leave for all new parents, regardless of their gender or how they become parents. It will also offer a six-month ...
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ArticleNatwest Group completes acquisition of Cushon
Credit: William Barton / Shutterstock.comBanking organisation Natwest Group has completed its acquisition of a majority shareholding in workplace savings and pensions fintech Cushon.The group agreed to acquire 85% of Cushon for £144 million back in February, with 15% retained by management. It was approved by the Financial Conduct Authority (FCA) ...
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ArticleThe top 10 most-read articles between 26 May - 1 June 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 26 May - 1 June 2023 were: Amazon introduces flexible-working optionsVirgin Media O2 staff accept pay dealNeonatal, carer and family leave acts receive Royal AssentExclusive: Channel 4 and Citi shortlisted for Best benefits for reproductive health46% of young staff think employers could ...
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ArticleNHS England staff receive 5% pay rise
More than one million NHS England employees are set to receive pay rises and one-off payments as part of a pay deal that takes effect today (1 June).The deal, which was announced last month, sees nurses, paramedics, 999 call handlers, midwives, security guards, and cleaners eligible for the Agenda for ...
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ArticleVirgin Media O2 staff accept pay deal
Virgin Media O2 employees have accepted a pay deal that includes consolidated rises in excess of 7, 8 or 9% this year, as well as a £400 cash lump sum to be paid in June.A total of 86.5% of staff, who are represented by trade union Communication Workers Union (CWU), ...
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Article46% of young staff think employers could help financial burdens more
Nearly half (46%) of employees aged 18 to 34 believe their organisations could play a more active role in alleviating cost-of-living financial burdens, according to new research.The Sodexo Engage report The mountain of lost benefits: closing the expectation gap found that 53% of employees in the same age group feel ...
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Supplier articleONE IN THREE THINK THEY WON’T BE ABLE TO AFFORD TO RETIRE
8 in 10 (83%) are concerned the cost of living crisis will mean they will have to work longer before retiring to make up for a shortfall in savings (43% very concerned) Almost three in ten (29%) admit they may consider stopping pension payments in the future As financial pressures ...
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Case StudiesThe benefits offered by XDesign
Benefits on offer at XDesign:Pension and group riskGroup personal pension (GPP) plan with salary sacrifice arrangement for all employees. Employer and employee contributions of 4%, matched up to 5%.Life insurance.Critical illness leave at full pay for the first six months, and half pay for the following six to nine months.Healthcare ...
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Case StudiesPodcast: XDesign ensures its benefits strategy is an ever-evolving offering
?Employee Benefits · XDesign podcastListen: Digital consultancy XDesign has grown rapidly in the past two years and increased its headcount from 50 employees to over 450.In this episode of the Employee Benefits podcast, chief people officer Ciji Duncan, explains how the organisation has adapted and expanded its benefits offering in ...
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ArticleCity of London Corporation staff strike over pay
More than 1,000 City of London Corporation workers have commenced a 24-hour strike today (25 May) in a dispute over pay.The number consists of more than 250 Unite and more than 900 GMB members, of which 77% voted for strike action earlier this year. The workers are employed as security, ...
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ArticleLidl GB gives staff third pay rise in 12 months
Supermarket chain Lidl GB has awarded all of its 24,500 hourly paid employees a third pay increase in 12 months.Store and warehouse staff working outside the M25 had their pay increased to £11.40 from £11, rising to £12.30 depending on length of service. Meanwhile, pay for those inside the M25 ...
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Supplier articleIS FINANCIAL ANXIETY DISRUPTING YOUR BUSINESS?
#TOHELPMYANXIETY It’s Mental Health Awareness Week, and this year, the focus is on anxiety. “Anxiety is a normal emotion in all of us, but sometimes it can get out of control and become a mental health problem.” Mental Health Foundation (MHF) Everyone gets anxious from time to ...
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ArticleAsda to consult on pay drop for store staff close to London
Supermarket chain Asda has launched a consultation into lowering pay by about 5% for around 7,000 employees working just outside of London.The consultation involves employees at 39 stores outside of the M25 and close to London, which have historically received a higher rate of pay because of their location. The ...
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ArticleMore than 70% of younger employees would job search if unable to work flexibly
More than three-quarters (77%) of Generation Z and 71% of Millennial employees would look for a new job if they were asked to go into the workplace full-time, according to research by Deloitte.The audit and assurance provider’s 2023 Gen Z and millennial survey, which is in its 12th year, gathered ...
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Supplier articleHow to create an engaging financial wellbeing strategy
The cost of living crisis is affecting many people, and the impact of this is now being felt in the workplace. Many employers want to improve employee wellbeing but are often met with isolated and disjointed products as the solution, which only serve short-term needs.Join us at our event at ...
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ArticleGinza Japanese Restaurant repays staff forced to share tips
US-based Ginza Japanese Restaurant has repaid 75 server employees a total of $262,000 (£209,220) after forcing them to share their tips with chefs, owners and managers.An investigation by the US Department of Labor’s (DOL) Wage and Hour Division found that the sushi restaurant, located in Fort Myers, Florida, required staff ...
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ArticleAberdeen leads UK as top HR job hotspot
Something for the weekend: In addition to being home to a record number of whiskey distilleries, the site of 10% of Britain's ancient stone circles, and providing great spots to watch for basking sharks and even dolphins, the Scottish city of Aberdeen has also emerged as the ideal base for ...