All articles by kscott – Page 21
-
ArticleFTSE 350 defined benefit pension deficit rises to £57 billion in May 2019
The accounting deficit for defined benefit (DB) pension schemes at the UK’s top 350 organisations increased by £5 billion between April 2019 and May 2019, rising from £52 billion to £57 billion, according to research by Mercer.The Pension risk survey, which analyses the pension deficit calculated using the approach FTSE ...
-
OpinionDeborah Casale: Unconscious bias needs to be addressed to impact gender pay gap
It is hard to imagine how life will look in 100 years, but at the current rate of progress, we can expect that the UK will only just be closing its gender pay gap.Organisations with more than 250 employees have been required to publish its gender pay gaps annually since ...
-
ArticleYorkshire Building Society hires Hunt
Financial organisation Yorkshire Building Society has hired Orlagh Hunt as its new chief people officer.Hunt has 25 years of HR experience, as well as 20 years of expertise specifically in the financial services sector. In her new role, she plans to continue building the organisation's culture, to ensure the business ...
-
ArticleCeltic Anglian Water reduces absence rate by 2.4 days per employee over two years
Ireland-based design, construction and operations contractor Celtic Anglian Water (Caw) has reduced its absence rate by 2.4 days per employee over two years, as a result of its ongoing health and wellbeing strategy.Caw, which employs approximately 100 employees across operating sites in Dublin, Sligo and Waterford as part of UK ...
-
ArticleGH London employees at Heathrow Airport awarded a 9.1% pay rise
Baggage handlers and check-in staff employed by GH London at Heathrow Airport, who are members of the trade union Unite, will receive a 9.1% pay increase to mitigate strike action.Negotiations between Unite and GH London, formally known as Azzurra, have confirmed that affected staff will receive a 6.1% pay rise ...
-
ArticleNorwegian oil and energy staff to receive pay increase, averting strike action
Oil, gas and energy employees in Norway are to receive a pay increase of NOK19,700 (£1,791.92) after trade unions reached an agreement today (Tuesday 4 June 2019).The pay deal was negotiated between the Norwegian Oil and Gas Association, a professional body and employers’ association for oil and supplier organisations, and ...
-
Case StudiesInspired Villages develops benefits programme in line with organisational values
Inspired Villages, which develops and operates luxury retirement villages, recently launched a reward and recognition programme for its 210 employees nationwide, to boost engagement and align staff to brand new organisational values.The programme, provided by Reward Gateway, went live on 23 April 2019 and combines both top-down and peer-to-peer recognition, ...
-
Case StudiesThe benefits offered by Inspired Villages
The benefits offered by Inspired Villages:Pension, protection and payA defined contribution (DC) pension scheme is available for all staff through auto-enrolment; contributions are set at the statutory minimum of a monthly 5% from employees and 3% from the employer.Life insurance, at three times an employee’s base salary, is available on ...
-
ArticleAlmost three-fifths of UK employees support full pay transparency
Almost three-fifths (56%) of respondents support full pay transparency, according to research by global job site Indeed.The meaning of work, a report which analysed jobseeker trends from Indeed’s monthly visitors over the last five years and surveyed 2,008 UK employees, also found that 74% believe they can do their jobs ...
-
ArticleEmployee Benefits professional of the year 2019 shortlist announced
The shortlist has been unveiled for the coveted Employee benefits professional of the year category at the Employee Benefits Awards and Summer Party 2019.This award recognises in-house HR and benefits professionals who have made a significant contribution to their organisation and to the industry as a whole.The full category shortlist ...
-
ArticleSanderson Farms increases wages for hourly-paid staff
Fresh and frozen chicken production organisation Sanderson Farms has increased wages for its hourly-paid employees, resulting in a pay rise of $1 (£0.79) an hour.The pay increase, effective from 2 June 2019, will see hourly-paid employees with a tenure of at least 90 days earn $15 (£11.87) an hour.In addition, ...
-
ArticlePoll: 61% believe the minimum wage should be equal across all age groups
Employee Benefits poll: Three-fifths (61%) of respondents believe that equal pay should be available across all age groups, with a universal minimum wage.A straw poll of www.employeebenefits.co.uk readers, which received 59 responses, also found that 14% of HR and benefits professionals do not agree with the Labour party’s proposal that ...
-
ArticleMore than a fifth would move job for a better benefits package
More than a fifth (22%) of respondents would consider changing jobs just to get a superior benefits package, according to research by employee-paid benefits provider Benni.Its War for talent report, which surveyed more than 2,000 UK employees, also found that 42% of respondents utilise employee benefits that are paid for ...
-
ArticleEmerald signs Time to Change pledge to create conversations around mental health
Global learning organisation Emerald has signed the Time to Change employer pledge, to encourage staff to think and act differently around mental health in the workplace, and to promote open conversations among its 500 employees across 130 countries.The Time to Change employer pledge, a social movement operated by mental health ...
-
ArticleJPMorgan Chase to pay $5 million settlement in parental leave case
Investment banking organisation JPMorgan Chase is to pay a $5 million (£3.9 million) settlement in a class action parental leave case involving fathers who claim they were denied the opportunity to take additional paid parental leave as primary caregivers.The proposed settlement, which has been arranged with The American Civil Liberties ...
-
ArticleThe top 10 most read stories: 23-29 May 2019
The top 10 most read stories on www.employeebenefits.co.uk between 23 and 29 May 2019 were: Court of Appeal rules that shared parental and maternity leaves are not comparableEXCLUSIVE: Hays re-vamps benefits platform and aligns reward with new wellbeing structureMedical couriers at The Doctors Laboratory strike in pay disputeMarks and Spencer ...
-
ArticleAmazon uses video games to engage warehouse employees
Something for the weekend: E-commerce organisation Amazon has tried to combat boredom by taking a leaf out of Mary Poppins’ book and turning work into a game, or more specifically, a video game.According to US newspaper The Washington Post, Amazon has implemented screens next to employees’ desks at five warehouses ...
-
ArticleArm and Bank of America Merrill Lynch shortlisted for Best work-life balance benefits
Technology organisation Arm, financial business Bank of America Merrill Lynch and the London Borough of Waltham Forest are among the organisations shortlisted in the Best benefits to support work-life balance category at the Employee Benefits Awards 2019.This accolade recognises an employer that has implemented benefits, policies and initiatives to flexibly ...
-
ArticleANZ launches global loyalty leave policy in 24 countries
The Australia and New Zealand Banking Group (ANZ) has launched a new loyalty leave policy for staff in 24 of its operating countries, providing five days of paid leave for those with three or more years of consecutive service.The new paid leave policy, which was launched on 20 May 2019, ...