All articles by kscott – Page 13
-
ArticlePoll: 22% do not have the resources to offer life leave to employees
Employee Benefits poll: Around a fifth (22%) of Employee Benefits readers do not have the resources to offer a life leave benefit to their employees.A straw poll of www.employeebenefits.co.uk readers, which received 37 responses, also found that 19% believe their organisations would be interested in providing life leave as an ...
-
Article
Poll: What do you think will be the key impact of Sadiq Khan’s Good Work Standard?
[crowdsignal poll=10376915]
-
ArticleTowie stars boycott ITV summer party in pay dispute
Something for the weekend: Cast members of popular reality TV show The Only Way Is Essex (Towie) have boycotted television studio ITV’s annual summer party in strike against their £100-a-day pay packet.Stars of the show were well jel of the wages awarded to other celebrities on ITV’s roster, leading to ...
-
ArticleThe top 10 most read stories: 25-31 July 2019
The top 10 most read stories on www.employeebenefits.co.uk between 25 and 31 July 2019 were: Government approves extended redundancy protections for pregnant womenGymshark sees 91% of staff log on to benefits platform since October 2016EY, London City Airport and Schroders sign up to new Good Work StandardFacebook group advertises leaving ...
-
ArticleSavers have accessed £28.4 billion through pension freedoms since 2015
Retirement savers have accessed approximately £28.4 billion since pension freedom reforms were introduced in April 2015, according to data from HM Revenue and Customs (HMRC).The Flexible payments from pensions: July 2019 official statistics report also found that the number of individuals who received flexible payments from their pensions in the ...
-
ArticleBritish American Tobacco completes pension buy-in transaction worth £3.4bn
Cigarette and tobacco manufacturing organisation British American Tobacco has completed a pension buy-in transaction for its defined benefit (DB) scheme, totaling £3.4 billion.The transaction, completed with the Pension Insurance Corporation (PIC), insures the pension benefits of 10,600 members of the British American Tobacco UK Pension Fund; this includes 8,300 pensioners ...
-
ArticlePostal association to take legal action against US Postal Service in pay dispute
The National Association of Postal Supervisors (NAPS) has filed a lawsuit against the US Postal Service for failing to align the pay of supervisors, managers and professional employees with federal law.The postal association filed legal action in the United States District Court for the District of Columbia on Friday 26 ...
-
ArticleGymshark sees 91% of staff log on to benefits platform since October 2016
As of July 2019, online fitness clothing and accessories retailer Gymshark has seen 91% of its 300 UK-based employees log on to its employee benefits platform since its launch.The Birmingham-based organisation partnered with Perkbox in October 2016 to launch the platform, aligning with Gymshark’s commitment to focus on employee wellbeing.The ...
-
ArticleWomen and Equalities Committee puts discrimination responsibility on employers
The Women and Equalities Committee has recommended that the emphasis for raising workplace discrimination issues should lie with employers, public authorities and service providers, rather than individual employees.The Committee published its tenth Enforcing the Equality Act: The law and the role of the Equality and Human Rights Commission report on ...
-
ArticleEXCLUSIVE: 43% of UK managers do not have the tools to effectively recognise staff
EXCLUSIVE: More than two-fifths (43%) of UK managers stated that their organisation has not provided them with the tools and understanding to recognise staff effectively, according to research by Reward Gateway.Its survey of 500 UK employees also found that 68% of UK managers agreed that their bosses could do more ...
-
OpinionRosalind Connor: How will the judges’ and firefighters’ case impact pensions?
Sometimes, legal changes creep up on us when we are looking the other way. When, in December 2018, the Court of Appeal decided in favour of the judges and the firefighters in their claim of age discrimination regarding the changes the government had made to their pensions, in Lord Chancellor ...
-
ArticleFinancial and insurance organisations contribute most to employees’ pensions
Financial and insurance organisations are the employers that contribute the most into employees’ pension pots, paying an average of 9.5% of an individual's salary into their retirement savings, according to research by Profile Pensions.Its analysis of employees over the age of 22 but under the state pension age, who earn ...
-
ArticleCulina Group employees have spent £600,000 on retail discounts since 2016
Warehouse, distribution and transport organisation Culina Group has seen its 7,000 UK and Ireland-based employees spend more than £600,000 on retail discounts via its employee benefits platform since February 2016.The organisation originally launched the platform in February 2016, in partnership with Personal Group, in order to boost motivation and engagement ...
-
ArticleMedian salary for graduate jobs rises by 1.25%
The median salary for graduate job roles has increased by 1.25% in the last year, rising from £27,654 to £28,000, according to research by Incomes Data Research (IDR).The Graduate and apprentice pay 2019 report, based on research conducted in spring 2019 using information from 56 UK-based organisations that employ a ...
-
ArticleFCA publishes policy statement to improve informed pensions decision-making
The Financial Conduct Authority (FCA) has today (30 July 2019) published a policy statement confirming measures to improve informed decision-making around pension saving, in order to boost consumers’ retirement outcomes.The measures, due to come into force from 1 August 2020, are a result of the FCA’s Retirement outcomes review, which ...
-
ArticleThree-fifths cite attracting and retaining talent as top objective for 2019
Almost three-fifths (56%) of employers cite attracting and retaining talent as the top objective for their benefits strategy in 2019, compared to 82% in 2018, according to research by Thomsons Online Benefits.Its Innovation generation: The big HR tech disconnect 2019/20 report, which surveyed 380 global HR and reward professionals with ...
-
ArticleSAS and United Colours of Benetton among India’s top mid-sized workplaces for 2019
Software organisation SAS India, retail business United Colours of Benetton India, manufacturing firm Mahindra Intertrade and education organisation Max Skill First are among the businesses recognised on India’s top 50 great mid-size workplaces 2019 list, compiled by the Great Place to Work Institute India, in association with BW BusinessWorld.The list, ...
-
ArticleEY, London City Airport and Schroders sign up to new Good Work Standard
Professional services organisation EY, London City Airport and asset wealth firm Schroders are among the employers that have signed the Good Work Standard, a new benchmark that recognises businesses for implementing and maintaining high employment standards, such as paying staff at least the voluntary London living wage.The Good Work Standard ...
-
ArticleTaxi drivers have received a 72% pay increase since 2008
Out of a selection of 200 UK occupations, taxi drivers have received the largest pay increase, of just over 72%, between 2008 and 2018, according to research by Comparethemarket.The analysis, which is based on earnings data published by the Office for National Statistics (ONS) between 2008 and 2018, found that ...
-
ArticleNorthern Ireland Civil Service staff strike in pay and conditions dispute
Staff employed by the Northern Ireland Civil Service (NICS), who are members of the trade union Northern Ireland Public Service Alliance (Nipsa), are today (Friday 26 July 2019) undertaking strike action in a dispute on pay and employee terms and conditions.The industrial action includes two rallies, due to commence at ...