All Financial wellbeing articles – Page 6
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ArticleSecurity guards at Victoria and Albert Museum join pay and conditions dispute
Security guards at the Victoria and Albert (V&A) Museum have joined forces with colleagues at the Science and Natural History Museums in a dispute for improved pay and conditions.
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ArticleUK job hopper employees have £15,000 more in pension savings than average person
UK employees who have switched jobs multiple times have over £15,000 more in pension savings than the average person, according to new research from Wealthify.
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OpinionLovewell’s logic: Budgeting for the festive season
Workplace financial wellbeing support can be crucial in the run up to the festive period.
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ArticleCo-op to extend opt-out savings scheme to boost financial wellbeing
Retailer Co-op is planning to extend access to its opt-out savings scheme for its frontline employees who may face financial uncertainty.
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ArticleExclusive: Lendlease launches financial wellbeing support for employees
Source: From Lendlease Integrated real estate business Lendlease has launched financial wellbeing support for its 900 employees to help with their financial education. The platform, which is provided by Bippit, offers the employer’s staff access to professional coaches with Financial Conduct Authority-recognised qualifications, which are unlimited, and ...
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Article64% do not think the real living wage increase goes far enough to support staff
Source: From Shutterstock Employee Benefits poll: Just over two-thirds (64%) of employers do not think that the real living wage increase to £12.60 an hour goes far enough to support employees, according to a survey of Employee Benefit readers. Nearly one-third (32%) of respondents said that they ...
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AnalysisHow to create an effective pension communications strategy
An effective communication strategy acknowledges that members are at different stages of their lives and careers, and, therefore, process information differently.
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Case StudiesThis Is It Marketing offers a range of communication channels to engage staff with pensions
Marketing agency This Is It Marketing was founded in 2020. Headquartered in London, it has offices in Portugal and North America and employs 62 employees. The organisation offers a defined contribution pension scheme, into which employees are automatically enrolled and benefit from a 5% contribution from the ...
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ArticleGo North East receives real living wage accreditation
Credit: ML Robinson / Shutterstock.com Go North East has received real living wage accreditation from the Living Wage Foundation as part of its commitment to fair pay. The organisation operates buses in County Durham, Cumbria, Northumberland, North Yorkshire and Tyne and Wear. As part of its commitment, ...
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ArticlePreston City receives real living wage city accreditation
Source: Credit: Preston City Council The city of Preston in Lancashire has received real living wage city accreditation from Living Wage Places as part of its commitment to support employees in the area. A celebration to showcase it becoming a real living wage city was held ...
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Case StudiesPodcast: Hotelplan incorporates benefits into sustainability strategy
Audio: Podcast: Hotelplan interview Listen: Tour operator group Hotelplan places sustainability at the heart of its business strategy. In this episode of the Employee Benefits podcast, Nicky Lyle, group HR director, talks about how the organisation encourages sustainable lifestyles through its benefits strategy and corporate culture. ...
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Case StudiesThe benefits offered by Hotelplan
The benefits on offer to employees at Hotelplan Pension A group personal pension (GPP) scheme for all staff who meet auto-enrolment criteria. Employees aged under 22 can opt in. The standard contribution rates are 4% employee and 4% employer. Group risk Employer-paid ...
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ArticleAutumn Budget 2024: Employer national insurance contributions (NICs) to increase to 15%
Autumn Budget 2024: The government is to increase the rate of employer national insurance contributions (NICs) by 1.2 percentage points to 15% from 6 April 2025. This will mean employers will have to pay 15p in NIC for every £1 paid to an employee. In addition, the ...
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ArticleGender pay gap for full-time employees stands at 7%
The gender pay gap for full-time employees stands at 7%, down from 7.5% in 2023, according to the latest analysis by the Office for National Statistics (ONS). Its Annual survey of hours and earnings report found that among all employees, the gender pay gap decreased to 13.1% ...
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ArticleNational living wage to rise by 6.7% in April 2025
The government is to increase the national living wage by 6.7% from April 2025. Chancellor of the Exchequer Rachel Reeves has announced the rate will rise from £11.44 to £12.21 an hour, which will be worth £1,400 a year for an eligible full-time worker. It is part ...
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OpinionJames Townsend and Elizabeth Coyle: Dealing with equal pay tribunals
On 22 August 2024, an employment tribunal held that Next discriminated against more than 3,500 female store staff by paying them lower hourly wages than male warehouse operatives. Sales consultants received lower pay of up to £3 per hour, meaning their average annual salary differential was more ...
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ArticleExclusive: 4% of employees look to employer for financial support
Exclusive: Just 4% of employees would approach their employer for financial support, and most would rather rely on family, partners or Google, according to new research by financial wellbeing firm Bippit. The Inclusion Edition 2024, part of Bippit’s Dynamics in Financial Wellbeing research programme, found that a third (30%) of ...
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ArticleExclusive: Wolseley and The Big Word Group to discuss wellbeing at Employee Benefits Live 2024
Wolseley and The Big Word Group will present a session on financial, mental and physical wellbeing on the second day of Employee Benefits Live 2024. The session, titled The holy trinity of financial, mental and physical wellbeing panel, is part of the financial wellbeing stream and will ...
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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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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 ...