All articles by kscott – Page 20
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ArticleTotal pay has increased by 1.2% in real terms since April 2018
Total pay for employees in the UK, including bonuses, increased by 1.2% in real terms between the periods of February 2018 to April 2018 and February 2019 to April 2019, according to research by the Office for National Statistics (ONS).The Average weekly earnings in Great Britain: June 2019 report also ...
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ArticleEXCLUSIVE: ActionAid employees save £22,841 through benefits platform
EXCLUSIVE: Employees at international charity ActionAid have saved approximately £22,841 since March 2018 by using the organisation’s benefits platform to access retail discounts and free products.ActionAid, which employs around 200 staff in the UK, launched the platform in March 2018, in partnership with provider Perkbox. The platform, which is designed ...
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ArticleTesco to increase pay by 10.45% for hourly store and customer service staff
Supermarket retailer Tesco has announced that it will increase pay by 10.45% for hourly, store-based employees, as well as those employed at its Customer Fulfilment Centre (CFC), by October 2020.The pay deal, which was agreed with the Union of Shop, Distributive and Allied Workers (Usdaw), will see selected employees receive ...
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OpinionKaren Holden: What are employers' legal responsibilities for keeping staff safe?
The Health and Safety at Work Act 1974 is the primary piece of legislation which governs health and safety laws in the workplace. It places responsibility on both the employer and employee; employers are responsible for providing a safe environment, and employees are responsible for the safety of themselves and ...
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ArticleSainsbury's appeal to dismiss equal pay claims proves unsuccessful
Equal pay legal action against retailer Sainsbury’s is set to continue, following a ruling from the Birmingham Employment Tribunal that the case should progress to a hearing.The ongoing equal pay case concerns store-based Sainsbury’s staff and those who work at the organisation’s distribution centres. The claimants, represented by the law ...
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ArticleSalesforce, Gap and PayPal UK among 2019’s Best Workplaces in the UK
Adobe, Gap, Goodman Masson, Salesforce (pictured), and PayPal UK are among the organisations that have been acknowledged on the UK’s Best Workplaces 2019 list, compiled by the Great Place to Work Institute.The Best Workplaces list is based on results from a workplace culture audit, completed by organisations’ HR departments, which ...
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ArticleWincanton awards 19% pay increase for Kettering-based Argos warehouse staff
Around 155 staff based at an Argos warehouse in Kettering, employed by logistics organisation Wincanton, will receive a 19% pay increase by 2022.The pay deal, which was negotiated with trade union Unite, has been designed to equalise pay among the 300 members of staff based at an Argos warehouse in ...
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ArticleEXCLUSIVE: Almost nine in 10 employers feel responsibility to provide financial wellbeing
EXCLUSIVE: Almost nine in 10 (88%) HR and benefit professionals have stated that it is their responsibility to provide support to employees on financial wellbeing, according to research by Smarterly.Realigning the workplace savings offering to meet the needs of millennials, which surveyed 1,248 employees and 508 HR professionals in the ...
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ArticleBNP Paribas wins Grand Prix at Employee Benefits Awards 2019
International banking organisation BNP Paribas was awarded the coveted Grand Prix title at the Employee Benefits Awards 2019.The organisation was lauded for its innovative use of technology and its future-thinking approach to benefits communications, which culminated in impressive engagement and take-up statistics.The Grand Prix is awarded to the winner of ...
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Case StudiesCharlton Morris uses employee surveys to tailor mental health workshops
Executive search firm Charlton Morris ensures that its mental health workshops are tailored to its millennial workforce by conducting staff surveys using its internal communications platform.The organisation, which has 63 employees all under the age of 35 across Denmark, the UK and the US, launched the workshops in April 2019 ...
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ArticleWho will win at the Employee Benefits Awards 2019?
The winners of the 17th annual Employee Benefits Awards, sponsored by Aon, will be unveiled today (Friday 7 June 2019).BT, Havas Media, Goodman Masson, Lendlease, University of Lincoln, Royal Mail Group, Siemens, Sky, Three UK and Virgin Active are among the employers shortlisted for recognition at this year’s event, which ...
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ArticleSheriff’s captain loses job for using jail inmates to build workplace barbecue
Something for the weekend: With the warmer weather advancing, increasing numbers of employees are daydreaming about firing up the barbie after work. Meanwhile, employers are ever more aware of the need for breakout spaces, down time and social events to boost wellbeing and create a positive work-life balance among staff.However, ...
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ArticleConsumers’ association recommends new mothers receive a £2,000 pension bonus
Consumers’ association and charity Which? has recommended that new mothers receive a £2,000 pension bonus to help mitigate the gender pensions gap.In its Top up the pots: Achieving adequate retirement incomes with automatic enrolment report, conducted with the Pensions Policy Institute and published in June 2019, Which? proposesd that new ...
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ArticleThe top 10 most read stories: 30 May-5 June 2019
The top 10 most read stories on www.employeebenefits.co.uk between 30 May and 5 June 2019 were: JPMorgan Chase to pay $5 million settlement in parental leave caseEmployee Benefits professional of the year 2019 shortlist announcedGH London employees at Heathrow Airport awarded a 9.1% pay riseANZ launches global loyalty leave policy ...
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ArticleRolls-Royce completes pensioner buy-in transaction to insure £4.1bn pension liabilities
Engineering organisation Rolls-Royce has completed a pensioner buy-in transaction with Legal and General Assurance Society, totalling £4.1 billion.The policy insures the pension liabilities, worth around £4.1 billion, for 33,000 pensioner members of the Rolls-Royce UK Pension Fund, which has a total of 76,000 members. In addition, approximately £4.6 billion of ...
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ArticleDefined benefit pension deficit increases to £240 billion as of May 2019
The deficit for defined benefit (DB) pension schemes in the UK has increased to £240 billion as of the end of May 2019, according to research by PricewaterhouseCoopers (PWC).Its Skyval index, which is based on aggregated data from 5,450 corporate DB pension funds, and is collected through the Skyval pensions ...
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ArticleGovernment introduces recruitment and retention allowance for judges
The Ministry of Justice (MOJ) has introduced a new temporary allowance for High Court, Circuit and Upper Tribunal judges in order to improve retention and recruitment.The policy, which was announced on Wednesday 5 June 2019, will award an allowance at 25% of base salary for High Court judges, while Circuit ...
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ArticleEligible employees saved £90.4bn into workplace pension pots in 2018
Eligible employees contributing to workplace pension pots saved a total of £90.4 billion in 2018, an increase of £7 billion on the amount saved over the previous year, according to research by the Department for Work and Pensions (DWP).Its annual Workplace pension participation and savings trends of eligible employees official ...
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ArticleGovernment to consult on new flexible option for NHS pension scheme
The Department of Health and Social Care and the Cabinet Office have announced a consultation on potential changes to the National Health Service (NHS) pension scheme, with the aim of enabling senior doctors to work for longer without the fear of tax charges impacting their retirement savings.The new 50:50 pension ...
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ArticleSouthwark Council introduces paid leave for foster carers
Southwark Council has introduced a new leave policy to enable all staff who foster a child to receive an additional five days of paid annual leave in order to meet their care commitments.The new policy, launched on and immediately effective from 20 May 2019, was introduced as part of the ...