All articles by kscott – Page 116
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ArticlePaper Round gains living wage accreditation
Waste management organisation Paper Round has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying all of its UK-based staff the voluntary living wage, including direct employees and third-party contract staff.Paper Round will pay its 145 employees at least £8.45 an hour ...
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ArticleMRL Group launches global paid sabbatical scheme
Technology recruitment organisation MRL Group has launched a new sabbatical leave scheme, enabling its 47 global employees to take a month of fully-paid leave after every five years of service.In addition to a month's leave at full pay, the new sabbatical scheme also provides staff with a £1,000 one-off payment.The ...
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ArticleMedian basic pay expected to rise by 1%
Median basic pay is expected to increase by 1% over the 12 months to March 2018, compared to pay rise expectations of 1.5% between October-December 2016, according to research from the Chartered Institute for Personnel and Development (CIPD) and The Adecco Group.The Labour market outlook: spring 2017 report, which surveyed ...
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AnalysisHow can employers measure a return on investment for financial education?
Need to know:Employers should first assess the current level of financial awareness among their employees.A return on investment (ROI) for a financial education programme can be partially measured via hard data such as benefits take-up figures or increased log-ins to a pension portal.Integrating education with financial products and services available ...
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Case StudiesDirect Wines uses annual engagement survey to gauge value of financial education
Drinks organisation Direct Wines implemented a digital financial education programme for its 630 UK employees as part of its overall HR strategy. The online offering, provided by Nudge, is designed to support the attraction and retention of employees, align with learning and development opportunities, and reduce financial stress as part ...
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ArticleGowling WLG launches online benefits portal for UK staff
International law firm Gowling WLG has launched an online benefits portal that integrates a bespoke employee discounts scheme and concierge service for its UK employees.The portal, provided by Xexec, will provide UK staff with access to over 3,000 bespoke discounts, including vouchers for lifestyle, health and wellbeing products, cashback offers, ...
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ArticleInternational private medical insurance claims for depression rise by 50%
International private medical insurance (PMI) claims for depression increased by 50% between 2014 and 2016, according to research by Aetna International.The research, which is based on analysis of Aetna International's latest claims data for 2014-2016, also found that international PMI claims relating to mental health issues increased by 33% in ...
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ArticleThe Pensions Regulator names auto-enrolment non-compliant employers
The Pensions Regulator (TPR) has published the names of employers that have not complied with pensions auto-enrolment regulations after being issued an escalating penalty notice.This includes organisations that TPR has secured a court order against for failure to pay escalating penalty notices for auto-enrolment non-compliance, as well as those that ...
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ArticleAttend the Employee Benefits Awards and Summer Party to celebrate success
The Employee Benefits Awards and Summer Party 2017 is fast approaching, with the annual industry event now less than a month away.This year’s event will take place on Friday 9 June, bringing together HR, benefits and reward professionals to recognise and celebrate innovative benefits schemes and strategies.The event will provide ...
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ArticleTravel organisation rewards staff by turning office into giant ball pit
Something for the weekend: Staff recognition programmes can vary greatly between organisations, often taking into account factors such as an organisation's culture, values and goals. Manchester-based travel organisation Invasion made sure to mirror its fun-filled culture when planning a recent reward for employees, opting to turn its head office into ...
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ArticleTop 10 most read stories this week 10 May
The top 10 most read stories on www.employeebenefits.co.uk between 4 and 10 May 2017 were: New Zealand Police hires guinea pig to promote safety messagesBlenheim Palace launches wellbeing programmeBaringa Partners and McDonald's named 2017's Best Workplaces UKInterContinental Hotels Group introduces online retirement planning toolRolls-Royce agrees three-year pay deal for Rotherham-based ...
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Article36% expect to work past the age of 65 due to insufficient pension savings
More than a third (36%) of respondents expect to work past the age of 65 because their pension savings will not be sufficient to allow them to afford to retire, according to research by Canada Life Group Insurance.Its survey of 1,004 UK employees in full or part-time employment, also found ...
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ArticleGlobal healthcare benefits costs expected to rise by 7.8%
Global healthcare benefits costs are expected to rise by 7.8% in 2017, according to research by Willis Towers Watson.Its 2017 Global medical trends survey, which surveyed 213 health insurance providers across 79 countries, also found that UK health insurance costs are forecast to rise by 5% in 2017. This follows ...
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ArticleHays and Plusnet shortlisted for best benefits communication
Danwood Group, Hays, and Plusnet are among the organisations shortlisted in the best benefits communications, small employer category at the Employee Benefits Awards 2017.This award recognises the most effective benefits communication strategies implemented by employers with fewer than 5,000 staff.The full category shortlist is:Danwood Group, Danwood Holiday Buy Scheme 2017Hays, ...
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ArticleThe top 10 most read stories: March-April 2017
The top 10 most-read stories on www.employeebenefits.co.uk between 7 March and 24 April 2017 were: NHS staff to receive 1% pay riseThe NHS Pay Review Body recommended that NHS staff across England, Wales, Northern Ireland and Scotland receive a 1% pay rise, effective from 1 April 2017.2. Tax-free childcare to ...
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ArticleMicrosoft New Zealand enhances family leave benefits
Technology organisation Microsoft New Zealand has enhanced its family leave benefits, including the launch of a new fully-paid family time-away policy and the extension of its parental leave policies.The new time-away policy will entitle all employees to four weeks’ fully-paid leave a year to provide staff with time off work ...
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Article42% view mental health as a key employee wellbeing challenge
Around two-fifths (42%) of employer respondents cite mental health as a key workplace health and wellbeing challenge over the next five years, according to research by Barnett Waddingham.Its UK workplace wellbeing index, which surveyed 145 organisations with more than 250 employees, also found that 53% of respondents currently have an ...
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ArticleJohn Lewis Partnership puts aside £36m for minimum wage compliance
Retail organisation John Lewis Partnership has set aside £36 million for the year ended 28 January 2017 to cover costs and payments that may be incurred through a breach of compliance with national minimum wage regulations.The employee-owned organisation, which employs 86,700 staff across the John Lewis and Waitrose brands, will ...
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Article£1.5bn paid in group risk claims in 2016
Nearly £1.5 billion was paid out by the group risk industry over 2016, up £100 million on 2015, according to research by industry body Group Risk Development (Grid).The research, which is based on claims data from Grid’s provider members, also found that 24,925 claims were made in 2016 for group ...
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Article39% believe the Lifetime Isa will cause confusion among staff
Over a third (39%) of employer respondents believe the introduction of the Lifetime individual savings account (Lisa) will cause confusion for employees looking to save, according to research by Close Brothers Asset Management.Its Business barometer report, which surveyed 900 UK employers, also found that 20% of respondents plan to respond ...