All articles by kscott – Page 158

  • Money
    Article

    Pension deficits hit £139bn for FTSE 350 organisations

    2016-08-03T10:06:52Z

    The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed organisations stood at £139 billion at the end of July 2016, compared to £119 billion at the end of June, according to research by Mercer.Its Pensions risk survey, which is based on analysis and projections ...

  • Pension
    Article

    31% are more concerned about their pension after Brexit vote

    2016-08-02T10:14:26Z

    Just under a third (31%) of respondents are more concerned about their pension and retirement since the UK’s decision to leave the European Union (EU) in June’s referendum vote, according to research by Wealth Wizards.Its survey of 2,000 Brits also found that 31% of respondents feel it is their employers’ ...

  • Freepoint Commodities
    Article

    EXCLUSIVE: Freepoint Commodities boosts staff engagement with pensions

    2016-08-02T09:56:56Z

    EXCLUSIVE: Commodity trading organisation Freepoint Commodities has seen 45% of UK employees who are members of its workplace pension scheme check their pensions online on a monthly basis since the launch of a new group pension and workplace savings platform in January 2016.The organisation introduced the new group self-invested personal ...

  • Pay Rise
    Article

    94% would promote staff without giving pay rise

    2016-08-02T09:06:45Z

    The majority (94%) of senior finance executive respondents would give an employee a promotion without offering additional remuneration, according to research by Robert Half UK.The research, which is based on interviews with 200 chief financial officers and finance directors in the UK, also found that around a third (30%) of ...

  • pension
    Article

    Pension Protection Fund compensation cap queried in court

    2016-08-01T10:31:32Z

    The Court of Appeal has referred the Hampshire v The Board of the Pension Protection Fund legal case to the EU (European Union) Court of Justice for a final ruling regarding the compensation limits that restrict the retirement remuneration given to former staff of insolvent employers.The compensation cap that is ...

  • Lorna
    Opinion

    Lorna Ellis: Employers need to consider workplace adjustments for employees with cancer

    2016-08-01T08:44:29Z

    Because of the increasing rate of cancer diagnoses, it is very likely that most employers will face this scenario with a member of staff at some stage.Employers should be aware that under the Equality Act, cancer is classed as a disability from the point of diagnosis. Therefore, the employee is ...

  • Lendlease case study
    Case Studies

    Lendlease offers on-site cancer checks to staff

    2016-08-01T08:42:31Z

    Property solutions organisation Lendlease has developed a wide-ranging health and wellbeing programme, tailoring the schemes offered to reflect the results gathered from staff surveys and employee health checks.With health check results from autumn 2013 and autumn 2015 showing that 53% of employees did not protect their skin in the sun, ...

  • Cancer check
    Analysis

    Practical steps to support employees with cancer screening

    2016-08-01T08:40:00Z

    Need to know:Cancer checks can be offered as part of a successful health and wellbeing programme.Workplace cancer checks can incorporate checks that are outside of the typical NHS screening procedures.Awareness campaigns featuring presentations, employee literature and webinars can help to educate staff on common cancer symptoms, contributing to early detection.Although ...

  • Paul Avis 430
    Article

    37% increase in employees seeking work-related stress support

    2016-08-01T08:34:05Z

    The number of calls concerning work-related stress that employees made to Canada Life Group Insurance's employee assistance programme (EAP) service increased by more than a third (37%) year on year, according to research by Canada Life Group Insurance.The research, which was based on calls between January and May 2016 made ...

  • Reward
    Article

    79% of millennials believe benefits would make them more loyal to employer

    2016-08-01T08:06:01Z

    More than three-quarters (79%) of millennial respondents believe that receiving benefits would make them more loyal to the organisation they work for, according to research by BrightHR.The It pays to play study, which surveyed 2,023 people, also found that 45% of 16-25 year old respondents receive workplace reward and benefits ...

  • pensions_note_430
    Article

    Savers access £6.1bn through pension flexibilities

    2016-07-29T11:19:56Z

    Savers have received flexible pension payments worth a total of more than £6.1 billion since the introduction of the pension flexibilities in April 2015, according to data from HM Revenue and Customs (HMRC).Its Flexible payments from pensions: July 2016 statistical bulletin found that between April and June 2016 approximately 159,000 ...

  • RCN
    Article

    Royal College of Nursing celebrates centenary with year-long staff activity programme

    2016-07-29T10:36:09Z

    The Royal College of Nursing (RCN) is running a year-long programme of engagement activities for its staff to mark its 100th birthday, including a reward scheme, walks and runs, and a number of charity initiatives.In recognition of the role employees have played over its 100-year history, the RCN introduced a ...

  • B.Braun
    Article

    B.Braun Medical holds employee wellbeing activity week

    2016-07-29T08:51:36Z

    B.Braun Medical held a week-long bespoke activity event for staff, featuring sessions such as self-defence classes and relaxation techniques.The Sheffield-based healthcare organisation, which employs 550 members of staff, sought to engage employees in activities that targeted work-related and personal development, as well as work-life balance.The ‘Learnfest’ week took place between ...

  • Hangry
    Article

    HR professionals are the most ‘hangry’

    2016-07-28T13:50:50Z

    Something for the weekend: Whether you are clock watching for your lunch hour or whether you get the munchies mid-afternoon, being hungry at work can impact your mood, with 34% of respondents feeling stressed when hungry, according to research by Tastecard.The survey of 1007 Brits also found that HR professionals ...

  • Top 10 26 July
    Article

    Top 10 most read stories this week

    2016-07-28T11:21:01Z

    The top 10 most read stories on www.employeebenefits.co.uk between 21 and 27 July 2016 are: Majestic Wine CEO shares £7m bonus with staffHMRC cleaners strike over pay48% feel benefits package is not tailored to their needsFirst Leeds bus drivers to strike over pay91% would engage in healthier behaviours if rewardedBritish ...

  • Total
    Article

    Total enhances employee shareholder proposition

    2016-07-28T10:28:16Z

    Global energy organisation Total, which employs 96,000 members of staff, has made changes to its employee shareholder proposition.From 2017, employees will be given the option to purchase shares with a discount of up to 20% every year instead of every two to three years. The organisation will match the first ...

  • Aeroplane
    Article

    40% of expats move abroad for better work-life balance

    2016-07-28T10:09:58Z

    Four in 10 (40%) expatriate respondents cite a better work-life balance as the main driver for moving abroad, according to research by Axa PPP International.The survey of 502 expatriates also found that 83% of respondents are worried about finding a good doctor in their new country of residence.The research also ...

  • Month in numbers June 2016
    Article

    The month in numbers: June 2016

    2016-07-27T15:15:00Z

    A round-up of some of the key facts and figures in June 2016:32% of employer respondents in the UK use group risk benefits to attract and retain key members of staff (Source: Group Risk Development) bit.ly/28IPzwc54% of respondents offer flexible-working initiatives (Source: Employee Benefits/Xerox HR Services) bit.ly/28IQnzw61% of employer respondents ...

  • Rowan Gormley
    Article

    Majestic Wine CEO shares bonus with staff

    2016-07-27T10:58:57Z

    Majestic Wine chief executive officer Rowan Gormley has requested that his share award bonus be distributed among 493 eligible employees, potentially netting each member of staff approximately £14,000.The share awards will take the form of a one-off payment to current employees who are members of the organisation’s long-term incentive plan, ...

  • money, pound coins
    Article

    UK wages drop by 10.4%

    2016-07-27T10:25:57Z

    Employees in the UK have seen their real wages fall by 10.4%, according to research by the Trades Union Congress (TUC).The research, which looked at real wage change and employment rate change for countries within the Organisation for Economic Cooperation and Development (OECD) between 2007 and 2015, found that the ...