All articles by jsmail – Page 12
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Bereaved parents given day-one right to two weeks' leave
The workplace right to paid leave for bereaved parents has been officially enshrined in law, with the Parental Leave and Pay Bill achieving Royal Assent.The new law, expected to come into force in 2020, will give all employed parents a day-one right to two weeks' leave if they lose a ...
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British Airways pension scheme agrees £4.4bn buy-in with Legal and General
The British Airways-sponsored Airways Pensions Scheme (APS) and Legal and General have completed a £4.4 billion pensioner bulk annuity buy-in, covering around 60% of all pensioner liabilities.Existing longevity reinsurance contracts of approximately £1.7 billion, entered into with Canada Life Reinsurance and PartnerRe, were incorporated into the buy-in arrangement.The APS is ...
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Regular pay growth rate of 2.9% between May and July 2018 outstrips inflation
Average regular pay excluding bonuses in Great Britain increased by 2.9% between May to July 2018, up from 2.7% in the three months to June 2018, according to the latest UK labour market bulletin from the Office of National Statistics (ONS).This pay growth rate has outstripped inflation, which stood at ...
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DAS achieves nearly 90% engagement in its digital rewards programme
Picture by Clint Randall www.pixelprphotography.co.ukLegal expenses insurance organisation DAS has seen almost 90% of its 700 employees in the UK and Ireland actively log in to its RIGHT Here RIGHT Now recognition and rewards programme in the year since its launch.The digital reward solution, developed by PeopleValue, allows managers and ...
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More than half of working men want more involvement in caring responsibilities
More than half (56%) of working men with children or other family responsibilities would prefer to be more involved as carers, according to a study commissioned by Business in the Community (BITC), in partnership with Santander UK.The Equal Lives report, carried out by Avenir Consulting and published in September 2018, ...
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Talent strategy is the main focus for 82% of benefits professionals
Attracting and retaining talent is the top objective for four in five (82%) global benefits professionals, according to research by Thomsons Online Benefits.The latest Global Employee Benefits Watch, which surveys 497 benefits professionals responsible for 4,009,500 employees globally, also found that over 66% of global employers have now adopted human ...