All articles by kscott – Page 110
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Article25% cite a company car as the deciding factor when taking a job
A quarter (25%) of employee respondents cite access to a company car as the deciding factor when taking a job, according to research by vehicle supply organisation OSV.Its survey of 676 employees and 180 employers also found that 54% of employee respondents view a company car as the best benefit ...
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ArticleFinancial Ombudsman Service gains living wage accreditation
The Financial Ombudsman Service has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying its 3,413 employees at least the voluntary living wage rate of £8.45 an hour, or £9.75 an hour for employees working in London. The new wage rate will ...
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ArticleJohns Hopkins University enhances family-friendly benefits
US-based Johns Hopkins University has enhanced its family-friendly benefits, introducing a new paid parental leave benefit and increasing the financial assistance offered to adoptive parents.The new paid parental leave benefit, effective from 1 July 2017, will enable birth and adoptive mothers and fathers to take four weeks of leave at ...
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ArticleDefined benefit pension funding deficit falls to £460bn
The funding deficit for defined benefit (DB) pension schemes in the UK was £460 billion at the end of June 2017, according to research by PricewaterhouseCoopers (PWC).Its Skyval index, which is based on data relating to 5,800 DB pension funds and collected through the Skyval pensions platform used by trustees, ...
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ArticleMicrosoft rolls out global family caregiver benefit
Technology organisation Microsoft has launched a paid family caregiver benefit for its employees worldwide.The new benefit allows employees to take up to four weeks of fully-paid leave in order to care for an immediate family member with a serious health condition.Microsoft launched the family caregiver leave for its US employees ...
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ArticleBentley agrees 6.5% pay increase for Cheshire-based staff
Luxury car manufacturer Bentley has agreed a 6.5% pay increase for more than 2,000 employees based in Crewe, Cheshire, as part of a new pay deal.The pay deal, which was negotiated with trade union Unite, will be backdated to 1 January 2017. The deal will see employees’ working hours reduced ...
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ArticlePWC narrows its mean gender pay gap to 13.7%
Professional services organisation PricewaterhouseCoopers (PWC) has seen its mean gender pay gap narrow from 15.2% in 2016 to 13.7% for hourly fixed pay at April 2017.PWC has reported its snapshot data for 5 April 2017 in compliance with gender pay gap reporting regulations, which includes publishing the data on the ...
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ArticleDaley joins British Steel
Julian Daley has joined steel products organisation British Steel as reward and recognition manager.In this position, Daley is responsible for the day-to-day management of the organisation’s reward and recognition offering, including the delivery of the total reward framework in alignment with British Steel’s values and business strategy.Daley joins from Arla ...
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ArticleDebenhams hires Hyndman
Retail organisation Debenhams has hired Sally Hyndman as its new group HR director.With 30 years of industry experience, Hyndman’s previous positions include group HR director at Dixons Carphone, director at SH Interims, HR director at Ask Restaurants, and strategy and change manager at Marks and Spencer.
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ArticlePetrofac promotes Duthie
Oil and gas organisation Petrofac has promoted Rebecca Duthie to HR advisor.Duthie, who has an MSc in human resource management, has previously held numerous roles at Petrofac including senior HR coordinator, HR graduate, HR administrator, and HR placement student.
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ArticleChiswick Park based-staff take on 300m zip wire
Something for the weekend: Employees based at Chiswick Park were given the opportunity to ride a 300 metre zip wire across the London business park on 23 June 2017.The activity was available to the 9,000 employees at the site, which includes organisations such as Aker Solutions, Danone, Discovery, Ericsson, Foxtons, ...
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ArticleTop 10 most read stories this week 28 June
The top 10 most read stories on www.employeebenefits.co.uk between 22 and 28 June 2017 were: Tesco to increase hourly pay to £8.42 for store staffJP Morgan employee files sex discrimination charge over parental leave policyStarbucks UK enhances rental deposit loan schemeGovernment to implement General Data Protection Regulation through Data Protection ...
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Article47% start to save for retirement due to a life stage event
Almost half (47%) of global respondents start to save for retirement because of a life stage event, according to research by Aegon.Its Successful retirement: healthy ageing and financial security report, which surveyed 14,400 employees and 1,600 retired individuals across 15 countries, also found that 32% of global respondents who expect ...
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Article54% feel under pressure to return to work early following an illness or injury
More than half (54%) of respondents feel under pressure to return to work before they have fully recovered from an illness or injury, according to research by Willis Towers Watson.Its survey of 1,123 UK employees aged between 18 and 64 years old also found that 47% of respondents believe their ...
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ArticleDepartment for Education reports a 5.3% mean gender pay gap
The Department for Education has reported a mean gender pay gap of 5.3% for hourly fixed pay across its UK-based workforce.The government department has recorded its snapshot data for 31 March 2017 in compliance with gender pay gap reporting regulations. The data has been published on the government’s gender pay ...
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ArticleRetirement income gender gap is £6,400
The annual average expected retirement income for women who are retiring in 2017 is £6,400 lower than the annual average expected retirement income for men retiring this year, according to research by Prudential.Its Class of 2017 report, which surveyed 10,605 non-retired UK adults aged 45 and over, also found that ...
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ArticleStarbucks UK enhances rental deposit loan scheme
Coffee organisation Starbucks has enhanced its rental deposit loan scheme for UK employees, enabling more staff to gain access to the benefit.The Home Sweet Loan scheme, which launched in September 2015, provides eligible employees with an interest-free loan, up to the value of a month’s salary, to cover the costs ...
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Article38% believe workplace pensions are the safest way to save for retirement
More than a third (38%) of respondents aged under 40 years old or aged 40 and over who have not yet retired believe that a workplace pension scheme is the safest way to save for retirement in the period July 2016-December 2016, according to research by the Office for National ...
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ArticleAsda, Hays and Nationwide to share industry knowledge at Employee Benefits Live 2017
Asda, Hays, Kingfisher, Nationwide Building Society, and Tesco Bank are among the organisations to share expert industry knowledge at Employee Benefits Live 2017.Employee Benefits Live, the largest employee reward and benefits event in Europe, will return to Olympia National, London, on 10-11 October 2017, in association with Conduent HR Services.The ...
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ArticleResearch shows advertised salaries fall by 1%
The average advertised UK salary fell by 1% between May 2016 and May 2017, according to research by Adzuna.Its UK job market report: June 2017, which analyses online job vacancy data in the UK from over 500 sources, found that the average advertised UK salary increased by 0.2% between April ...