All articles by kscott – Page 153
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ArticleSports Direct commits to supporting staff wellbeing
Sports Direct plans to review and improve working conditions, which will include taking action to better support the wellbeing of staff and addressing pay issues.The plans were published in a Working practices report, compiled by Reynolds Porter Chamberlain on behalf of the board of Sports Direct International. It follows issues ...
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ArticleBayer holds month-long summer events programme for staff
Life sciences organisation Bayer has rewarded its UK-based staff with a summer activity programme, which included free lunchtime barbeques and an Olympics-themed event.Bayer, which employs 1,000 staff across three UK sites, introduced the ‘Cool Summer’ programme with the aim of creating a more relaxed atmosphere for employees over the summer, ...
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OpinionTim Middleton: Pensions education must start early on in employees' working lives
Automatic enrolment owes its success to the harnessing of inertia. Employees are, by default, enrolled into their employer’s pension scheme and contributions are automatically deducted and invested on their behalf.However, in spite of its success in bringing so many employees into workplace pension saving, automatic enrolment is not on its ...
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Article59% include financial wellbeing in staff wellbeing strategy
More than half (59%) of employer respondents who have a staff wellbeing strategy in place now specifically include financial wellbeing within this, according to research by Close Brothers Asset Management.Its quarterly Business barometer, which surveyed 906 UK employers, also found that 70% of service organisation respondents that have a staff ...
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ArticleMarks and Spencer enhances pay and pensions deal
Retailer Marks and Spencer has enhanced the pay deal offered to staff, including the extension of top up payments and pension cash supplements for affected employees.The agreed offer follows the completion of a three-month consultation on pay and pensions with the organisation's national employee representative group, the Business Involvement Group.The ...
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Article49% are concerned about the impact of Brexit on total reward
Almost half (49%) of employer respondents are concerned about the impact of Brexit on total reward, according to research by Willis Towers Watson.Its survey of 196 organisations, conducted in July 2016, also found that 49% of respondents are concerned about how Brexit will affect employee engagement and communication.The research also ...
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ArticleEY launches staff guide on gender identity
Tax and advisory organisation EY has launched an internal guide for staff on gender identity and gender transition to support its transgender community.The guide, which was developed in consultation with the organisation’s employee network for lesbian, gay, bisexual and transgender people as well as various campaign groups, contains tips and ...
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ArticleEXCLUSIVE: Stephen Perkins to discuss future-proofing reward at Employee Benefits Live
Professor Stephen Perkins of London Metropolitan University will explain key points for HR, reward and benefits professionals to consider when future-proofing a reward strategy at Employee Benefits Live 2016.During the session, titled Future-proofing your reward strategy on the first day of the event, Perkins will draw on his own research ...
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ArticleBlackhawk Network acquires Grass Roots Group
Global prepaid and payments organisation Blackhawk Network has acquired employee engagement provider Grass Roots Group.The move is expected to enable Grass Roots to offer employers a global approach to benefits, reward and recognition packages through Blackhawk's network.Meanwhile, California-based Blackhawk Network will look to extend its global reach further by utilising ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 25 and 31 August 2016 were: Employee builds plane to travel to workUberEats drivers protest over payDentsu Aegis Network enhances shared parental payApple, BP, Cisco and Goodman Masson among best employers for work-life balance75% of DC pension savers will retire on ...
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ArticlePizza motivates staff more than money
Something for the weekend: Although many employees are partial to a cheese-topped pizza feast as a takeaway treat, academic research has found that the moreish Italian classic is a better motivator for staff than a monetary bonus.Dan Ariely, a professor at Duke University’s Fuqua School of Business, found that offering ...
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ArticleEXCLUSIVE: 49% cite flexible working as most coveted future benefit
Just under half (49%) of respondents say flexible-working arrangements and work-life balance will be the most important benefits to them in the future, making it the most coveted benefit, according to research by Grass Roots.Its Future of employee benefits report, which surveyed 1,000 employees and 200 HR managers, also found ...
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ArticleMarks and Spencer lobbied by MPs over planned pay changes
Marks and Spencer (M&S) will today (Thursday 1 September) be lobbied by members of Parliament (MPs), campaigners and activists against proposed changes to pay.Its proposed changes include removing premiums for working Sundays and anti-social hours, and reducing bank holiday payments. Under the proposed plans, bank holiday payments will be at ...
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ArticlePirelli agrees £600m pension longevity swaps
Multi-national tyre firm Pirelli has agreed two longevity swaps for its UK pension arrangements to counteract the risks of an ageing population.The longevity swaps have been arranged for both the Pirelli General Pension and Life Assurance Fund and the Pirelli Tyres Limited 1988 Pension and Life Assurance Fund with Zurich ...
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ArticleGovernment consults on pensions advice allowance
The government has launched a consultation on whether defined contribution (DC) pension members should be able to access their retirement funds early to pay for financial advice.The consultation, which will run for eight weeks until 25 October 2016, focuses recommendations by the Financial Advice Market Review (FAMR), announced in the ...
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ArticleEXCLUSIVE: Samsung to discuss employee engagement at Employee Benefits Live
Joanna Bean, head of reward at Samsung, will discuss benefits communication and employee engagement at Employee Benefits Live 2016.She will deliver a session titled How to improve staff understanding of reward and benefits as part of the employee engagement conference stream on Tuesday 11 October.During the session, Bean will focus ...
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ArticleClassic Motor Cars launches employee ownership trust
Classic Motor Cars (CMC) has launched an employee ownership trust.Peter Neumark, chairman of the Shropshire-based car restoration organisation, transferred his majority shareholding into a new entity, the Classic Motor Cars Employee Shareholder Trust, on 26 August 2016, passing control for the business to a trust set up for its 60 ...
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ArticleRichard Harrington commits to continuing key pension reforms
Since Richard Harrington’s appointment as parliamentary under secretary of state at the Department for Work and Pensions in July 2016, there has been much industry speculation about his priorities and commitment to existing pension reforms and proposed changes.Harrington stepped in to the role previously filled by Baroness Ros Altmann in ...
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Article75% of DC pension savers will retire on inadequate income
Post-Brexit, the proportion of savers into a defined contribution (DC) pension scheme who will retire on an inadequate income has risen to 75% from 66%, according to research by Hymans Robertson.Its analysis of data of 500,000 savers on the organisation's Guided Outcomes platform also found that the cost of providing ...
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ArticleApple, BP, Cisco and Goodman Masson among best employers for work-life balance
Apple, BP, American Express, Cisco Systems (pictured) and Goodman Masson are among the top organisations providing employees with a good work-life balance, according to research by Glassdoor.Its report, which rated organisations on work-life balance based on UK employee feedback over the past year, also found that the average work-life balance ...