All Financial wellbeing articles – Page 45
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ArticleCumbria Deaf Association gains living wage accreditation
Cumbria Deaf Association has committed to paying its staff the living wage rate in order to reflect the current financial climate, gaining accreditation as a living wage employer.According to the charity, this will directly affect four of its eight employees. It has introduced the higher rate in part because it ...
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ArticleEXCLUSIVE: Lintbells launches financial wellbeing platform and cost-of-living bonus
Natural animal health supplement business Lintbells has rolled out a financial wellbeing platform for its 160 members of staff.Using the platform, provided by Bippit, employees will have free access to Financial Conduct Authority-regulated financial coaches matched to their needs, in order to help them achieve their goals and plan for ...
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OpinionLovewell's logic: Will the cost of living impact working arrangements?
Could the rising cost of living soon influence employees’ attitudes to hybrid working?Over the past few years, hybrid working has increasingly become the norm for millions of employees, with many keen to continue working from home for at least part of the week. In many cases, where employers have stipulated ...
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ArticleThe top 10 most-read articles between 26 August - 1 September 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 26 August - 1 September 2022 were: More than 80% of employers help staff with cost-of-living riseWest Brom Building Society gives staff one-off £1,200 paymentFour-fifths think employers should help with rising living costsBelfast City Council introduces extended bereavement leaveFormer Turner Contemporary employee ...
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ArticleCartwright Group gives employees one-off £1,000 payment
Pension services provider Cartwright Group has awarded its staff a one-off £1,000 payment in order to help with the current cost-of-living crisis.This is in addition to employees’ salary, profit share, and other performance-related bonuses, and employees have already received the payment in their pay checks.Ian Cartwright, founder and chairman of ...
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ArticleJohn Lewis Partnership to give free meals to staff this winter
John Lewis Partnership has introduced a policy giving free meals to all staff working for John Lewis and Waitrose this winter, to support them during the cost-of-living crisis.As of 3 October, the policy will apply to all partners in both shops across the distribution network, as well as those working ...
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Case StudiesIpsos supports culture of financial wellbeing with suite of savings schemes
With a background as a pensions consultant, Michaela O’Reilly, head of reward, was keen to develop a culture of financial wellbeing when she joined market research firm Ipsos six years ago.Initially the focus was on pensions, with the employer hosting sessions to raise awareness among staff around the need to ...
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AnalysisHow can employers position the workplace as a first port of call for savings vehicles?
Need to know:The cost-of-living crisis has underlined the need to improve people’s level of savings.Workplace schemes such as the individual saving account (Isa), lifetime Isas and sharesave already exist, with trials underway for ‘sidecar savings’.But employers have to up their game when it comes to communicating with employees.According to research ...
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ArticleWest Brom Building Society gives staff one-off £1,200 payment
Credit: Wozzie / Shutterstock.comThe West Brom Building Society has awarded 430 of its employees a one-off £1,200 support payment in response to the rising cost-of-living.According to the building society, which employs around 615 members of staff, the payment has been targeted at those earning £35,000 or less per year, with ...
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Supplier articleHow to remain an employer of choice during the cost of living crisis
Author: Chloe Thompson, Head of Content Strategy at Reward GatewayEvery HR leader wants their top talent to stay. But as the competitive talent market continues to challenge, and as many employees struggle with sharp cost of living increases, how do companies remain an employer of choice? Where do they find ...
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ArticleFour-fifths think employers should help with rising living costs
Four in five (80%) employees said their employer should help with rising living costs, according to research by insurance and financial services firm Canada Life.The survey was conducted by Opinium among 2,000 UK adults. It revealed that, in the face of the cost-of-living crisis, salary increases (54%), help with bills ...
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ArticleMore than 80% of employers help staff with cost-of-living rise
More than 80% of large UK organisations are taking action to help staff during the cost-of-living crisis, according to research by professional services firm PricewaterhouseCoopers (PWC).Its survey of 98 heads of reward and reward specialists from 84 organisations with more than 250 employees found that 53% have offered financial support ...
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ArticleThe top 10 most-read articles between 19 - 25 August 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 19 - 25 August 2022 were: EXCLUSIVE: Natwest Group introduces menopause supportOddbox launches financial wellbeing platform for staff4Com gives staff extra £200 a month to help with energy bills Work-life balance beats salary as top factor in choosing new roleUK ranks sixth ...
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ArticleKraftHeinz to give 700 employees 5.5% pay rise and £1,200 bonus
Around 700 KraftHeinz employees, represented by trade union Unite, have secured a pay increase and bonus, overall worth 11% of their yearly wage.The deal includes a 5.5% increase on base rates and two one-off payments totalling £1,200, with the first payment of £500 to be paid immediately, and the second ...
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ArticleSinead Carville: Are cost-of-living payments more effective than pay rises?
At FinTru, we have always been tuned into factors internally and externally that impact our employees. We have several mechanisms to elicit feedback and conversation from employees to understand and get ahead of factors that may be having a negative impact on them. It has not been lost on anyone ...
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ArticleJohn Hood: Are cost-of-living payments more effective than pay rises?
In these incredibly unprecedented times, any way employers are looking to support workers is positive. However, our focus, of course, is much more on the side of pay rises, rather than ad-hoc bonus payments.There are a few reasons for this, one of which is that our campaign at the Living ...
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ArticleAlison Kidd: Are cost-of-living payments more effective than pay rises?
One of the most effective ways to make colleagues feel supported is by engaging in honest conversation and listening to their concerns, their needs and their thoughts. By doing so, you can identify what, as an employer, you can do to make a positive difference on employee wellbeing.By taking this ...
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ArticleOddbox launches financial wellbeing platform for staff
Sustainable fruit and vegetable delivery business Oddbox has introduced a financial wellbeing platform for its approximately 100 members of staff.Through a partnership with finance and wellbeing provider Mintago, Oddbox has given employees the ability to find all past pensions and manage contributions towards their current pension, as well as access ...
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ArticleEXCLUSIVE: IDHL offers free financial wellbeing coaching to employees
Digital agency group IDHL has launched financial wellbeing support for its 393 UK staff by partnering with financial consultant Bippit.The support will ensure that every employee has free access to their own Financial Conduct Authority-regulated financial coach, in order to receive independent support and coaching to help them take control ...
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ArticleRoyal London gives lower-paid employees £1,000 pay rise
Insurance group Royal London has pledged to give all permanent and fixed-term employees on full-time equivalent (FTE) salaries of less than £40,000 per annum a £1,000 FTE pay increase.The organisation employs more than 4,000 workers, and the pay rise will take effect from October for around half of its workforce, ...