All articles by kscott – Page 121
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ArticleStarbucks China to introduce critical illness insurance for employees’ parents
International coffee organisation Starbucks is to launch a new parent care programme in China, providing employer-paid critical illness insurance for the parents of its full-time employees.The benefit, effective from 1 June 2017, will be available to parents of full-time employees who have at least two years’ service and who work ...
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ArticleUS security firm UAT Group launches paid bereavement and family leave benefits
US security and defence organisation Umbra Applied Technologies (UAT) Group has introduced paid bereavement leave and paid family sick leave as part of its revamped employee benefits package.Under the new bereavement leave policy, employees will be able to take 10 days of paid leave to grieve for an immediate family ...
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ArticleGlaxoSmithKline and Liverpool Victoria shortlisted for benefits team of the year
GlaxoSmithKline, Liverpool Victoria, and Sandwell Metropolitan Borough Council are among the organisations that have been shortlisted in the benefits team of the year category at the Employee Benefits Awards 2017.The award, sponsored by Conduent HR Services, celebrates the achievements of an in-house benefits team that works together to deliver benefits ...
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Article14% plan to ask for a pay rise in 2017
More than one in 10 respondents (14%) plan to ask for a pay rise in 2017, according to research by job site Adzuna.Its survey of 700 jobseekers also found that 38% of male respondents plan to ask their employer for both a pay rise and a promotion in 2017, compared ...
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ArticleRoyal London gains living wage accreditation
Pensions and investment organisation Royal London has been accredited as a living wage employer by the Living Wage Foundation, committing to pay its 3,253 UK-based employees the voluntary living wage.Effective from 1 April 2017, both permanent employees and third-party contractors at Royal London receive the voluntary living wage rate of ...
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ArticleEmployee Benefits shortlisted for Pensions/Benefits Publication of the Year 2017
Employee Benefits has been shortlisted in the Pensions/Benefits Publication of the Year category at the Willis Towers Watson Media Awards 2017.The winner of this category is decided by public vote among readers in the HR and benefits industry. We would be delighted to receive your vote to help us retain ...
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ArticleFTSE 350 defined benefit pension deficit falls to £133bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 organisations fell from £137 billion at the end of February 2017 to £133 billion on 31 March 2017, according to research by Mercer.Its Pensions risk survey, which is based on projections and analysis of FTSE 350 ...
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ArticleSalesforce conducts $3m salary adjustment following equal pay assessment
Global cloud-based technology organisation Salesforce has spent approximately $3 million (£2.4 million) on salary adjustments to address unexplained differences in pay.The organisation adjusted the salaries of 11% of its employees, effective from 1 April 2017.The pay amendments follow the organisation’s second equal pay audit, which assessed staff salaries and bonuses ...
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ArticleBNP Paribas and Sage shortlisted for most engaging benefits proposition
BNP Paribas and Sage are among the organisations shortlisted in the most engaging benefits proposition category at the Employee Benefits Awards 2017.The award, sponsored by Personal Group, recognises an employer that has used benefits within its wider strategy to engage employees with the organisation.The full category shortlist is:BNP Paribas, Spectrum: ...
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ArticleLuxurious office to deliver champagne and sushi to staff desks
Something for the weekend: An office’s location and its amenities often form part of the decision-making process when an individual is considering a new job, but how far would desk-delivered luxury beverages rank up an employee's list of office enticements? Enstar Capital is pulling out all the stops for its ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 30 March and 5 April 2017 were: Government legislates for changes to salary sacrifice arrangementsThe tax and legislation changes impacting reward from April 2017Merlin Entertainments advertises for Lego model designer41% want to receive childcare vouchers through salary sacrificeUnum launches online financial ...
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ArticleLand Securities and the Goodall Foundation gain living wage accreditation
Commercial real estate organisation Land Securities and education charity The Robin and Sylvia Goodall Charitable Foundation have been accredited as living wage employers by the Living Wage Foundation.The accreditation will see both businesses commit to paying permanent employees and third-party contractors at least the voluntary living wage rate of £8.45 ...
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ArticleGovernment consults on early exit charges and pension commission regulations
The Department for Work and Pensions (DWP) has launched a consultation on draft regulations regarding the cap on early exit charges for occupational pension schemes and restrictions on member-borne commission payments.The consultation, which will run until 31 May 2017, seeks views on the draft Occupational Pension Schemes (Charges and Governance) ...
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ArticleEXCLUSIVE: Hologic launches online financial education programme
EXCLUSIVE: Global healthcare and diagnostics organisation Hologic has introduced a new online financial education programme for its 320 UK-based staff.The financial education programme, provided by Nudge, has been launched via a series of webinars and personalised online notifications or ‘nudges’ to employees across the organisation's Crawley, Manchester, and West Lothian ...
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ArticleWhat are the alternatives to salary sacrifice benefit arrangements?
Need to know:The changes to salary sacrifice arrangements limit the range of benefits that attract tax and employer national insurance contribution advantages.Organisations that reinvested these savings into funding their benefits strategy may have to look at alternative approaches.The legislative changes provide an opportunity for employers to review their employee benefits ...
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Article52% of fathers would take up shared parental leave
More than half (52%) of respondents who are fathers would take advantage of shared parental leave (SPL), according to research by Working Families.Its survey of 358 fathers also found that a quarter (25%) of respondents that would make use of shared parental leave would do so because they and their ...
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ArticleAccenture sees 12% of new fathers take shared parental leave
More than one in 10 (12%) new fathers at management consulting and professional services organisation Accenture are currently taking shared parental leave.More than 150 employees from all career levels and areas of the business have taken shared parental leave since the government introduced the policy in April 2015.Shared parental leave, ...
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ArticleNorthern Trust introduces childcare advice benefit for London staff
Global financial services organisation Northern Trust has launched a new childcare support and advice benefit for its 1,600 London-based staff.The benefit, provided by Parental Choice, will offer assistance to employees with childcare responsibilities based at the organisation’s London office. This includes tailored childcare searches for all ages across all forms ...
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ArticleThe month in numbers: March 2017
A look at some of the facts and figures relating to employee benefits in March 2017:62% of employee respondents are worried about not having enough money when they retire (Source: Wealth Wizards) bit.ly/2mXrR89137.3 million working days in the UK were lost due to sickness or injury in 2016 (Source: Office ...
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ArticleThe top 10 most read stories: February-March 2017
The top 10 most-read stories on www.employeebenefits.co.uk between 7 February and 6 March 2017 were: BrewDog introduces global paid puppy leaveUS and UK employees at craft beer organisation BrewDog can take a week of paid leave to settle a new dog into their home, whether the pet is a puppy ...