All articles by Jessica Bird – Page 31
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Article
A third of large employers use health and wellness promotions to reduce absence
Almost a third (32%) of organisations with 250 or more employees use health and wellness promotions to control absence levels and improve attendance, making this the most popular method among larger employers, according to research by Group Risk Development (Grid).The study, which was undertaken by Opinium on behalf of Grid, ...
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Analysis
Top tips for employers that want to improve pay transparency
Need to know:Increased transparency can boost engagement, retention and trust, among other things, meaning that it is well worth tackling ingrained traditions of secrecy surrounding compensation.Employers should find a degree of transparency that suits their organisation and workforce, and should use open communication to ensure it is rolled out smoothly.Pay ...
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Case Studies
Buffer's pay transparency has great effects on internal culture
In November 2013, following several months of internal salary transparency, social media management organisation Buffer took its pay information public, and has since become a prime example of the benefits of open communication about compensation.In the years since, the organisation has grown from a mere 12 staff to have 80 ...
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Opinion
Anvita Sharma: Pay transparency, where do we go from here?
In the wake of the Gender Pay Gap Regulations 2017 and widespread media coverage of the first gender pay gap reports, employers are under greater pressure to increase pay transparency.Some organisations, including the big four accountancy firms, have chosen to go beyond the formal requirements of the regulations by disclosing ...
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Analysis
In numbers: The changing statistics of employee share schemes year on year
!function(e,t,n,s){var i="InfogramEmbeds",o=e.getElementsByTagName(t)[0],d=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(s)&&(s=d+s),window[i]&&window[i].initialized)window[i].process&&window[i].process();else if(!e.getElementById(n)){var a=e.createElement(t);a.async=1,a.id=n,a.src=s,o.parentNode.insertBefore(a,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");Read more...How can employee share schemes support an employer’s financial wellbeing strategy?Janus Henderson Investors offers share plans to aid financial wellbeing
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Analysis
How can voluntary benefits promote a healthy work-life balance?
Need to knowA healthy work-life balance among employees can impact engagement, productivity, wellbeing, and ultimately have an affect on an organisation's profits.Core voluntary benefits such as health insurance and childcare vouchers are a solid foundation for any benefits strategy.Organisations should be innovative and holistic, providing benefits that reflect their own ...
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Case Studies
Newport City Council uses cycle to work scheme to boost work-life balance
Newport City Council employs approximately 5,500 staff, ranging from waste collectors to teachers and social workers, many of whom work long hours in high-stress roles, on top of which a lengthy commute might feel like yet more time taken away from other pursuits.Working with Halfords Cycle 2 Work, the council ...
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Opinion
Aoife Hamilton: Childcare vouchers and family-friendly ways to promote a healthy work-life balance
It is important to understand the challenges parents face in achieving their desired work-life balance.Striking the Balance: the impact becoming a parent has on working life, employment and career, a survey of 4,200 parents from across Northern Ireland published by Employers for Childcare in October 2016, revealed that 91% found ...
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Article
Pension transfers could cost members £2,600 over expected lifetime
Pension members choosing to transfer out of their employer's scheme could receive an income that is £2,600 lower over their expected lifetime, according to research by XPS Pensions Group.The report, Member Outcomes Under Freedom and Choice, published today (7 August 2018), looks at data on defined benefits (DB) scheme transfers, ...
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Article
Work and Pensions Committee launches inquiry into pension costs and transparency
The Work and Pensions Committee has launched an inquiry into whether enough is being done by those in the pension industry to provide transparency around charges, investment strategy and performance.The investigation follows on from the committee's report published in April, in response to an earlier inquiry launched in September 2017, ...
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Article
IWGB joint employer case to be heard in the High Court
The Independent Workers Union of Great Britain (IWGB) has today (7 August 2018) announced that it will face government lawyers in a landmark case regarding the rights of outsourced workers.The case, which asked that the University of London be required to recognise the union for the purposes of collective bargaining ...
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Analysis
In numbers: The value of financial advice regardless of wealth
!function(e,t,n,s){var i="InfogramEmbeds",o=e.getElementsByTagName(t)[0],d=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(s)&&(s=d+s),window[i]&&window[i].initialized)window[i].process&&window[i].process();else if(!e.getElementById(n)){var a=e.createElement(t);a.async=1,a.id=n,a.src=s,o.parentNode.insertBefore(a,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");Read more...What support can employers give in the decumulation pension phase?Gerald Eve’s open dialogue around decumulation helps employees plan for retirement
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Article
EXCLUSIVE: Samsung extends financial education to employees in Ireland
Exclusive: Multinational technology organisation Samsung has launched an online financial wellness programme for its 40 employees in Ireland.Samsung first launched online financial wellness support, in partnership with Nudge, for its 1,400 UK-based staff in February 2016. As of 24 July 2018, the organisation has extended this to those in its ...
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Article
More than half of UK employers do not understand life assurance payout policies
More than half (55%) of employers do not accurately understand the circumstances in which group life assurance (GLA) policies pay out, according to research by Opinium on behalf of Group Risk Development (Grid).The research gathered opinions from 500 HR decision makers at 500 UK employers, including 100 organisations with more ...
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Article
FTSE 100 DB pension schemes move into surplus for the first time in 10 years
Defined benefit (DB) pension schemes for FTSE 100 organisations have achieved a surplus of £3 billion, moving out of deficit for the first time in 10 years, according the JLT Employee Benefits monthly index.The index, which tracks the funding position of all UK private sector DB schemes based on the ...
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Opinion
Sarah Chilton: How employers can put an end to sexism and harassment in the workplace
The conversation continues at Employee Benefits Live 2018...Sexual harassment in the workplace has received a huge amount of attention over the past few months. Employers must take steps to tackle harassment, to reduce their own risk, and to instill safer working cultures in their organisations.In early 2018, the Women and ...
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Case Studies
AWE keeps communications engaging for employees in diverse roles
The Atomic Weapons Establishment (AWE) faces unique challenges when it comes to keeping employees informed without disengaging them.AWE has employees in a diverse range of roles, from office-based workers to manufacturing and industrial staff, and even dedicated on-site firefighters. In addition, due to the high security nature of its work, ...
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Analysis
Can over-communication damage employee engagement?
Need to know:Overloading employees with information can cause them to disengage, but the answer is not necessarily to decrease the organisation's level of communication.Avoiding over-reliance on emails, implementing a multi-channel approach, and segmenting and targeting messages are all ways to avoid over-communication.Employers should find a way to cut through the ...
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Opinion
Dr Michael Koch: How to communicate without damaging engagement
A growing body of research shows that internal communication plays a key role in stimulating employee engagement. However, for communication to be an effective engagement driver, several conditions need to be met.The first concerns the quantity of communication: as a rule of thumb, the more management communicates, the better. Employees ...
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Article
2.2 million employees missing out on legal holiday entitlement
The Trades Union Congress (TUC) has warned today (Friday 27 July 2018) that one in 12 UK workers - an estimated 2.2 million people - are not getting their legal holiday entitlement. Of these employees, 1.2 million have not received any paid leave at all.UK workers are entitled to 5.6 ...