All articles by kscott – Page 3
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ArticleTravel and Transport extends employee stock ownership plan to 160 UK employees
Employee-owned global travel management organisation Travel and Transport has extended its employee stock ownership plan (Esop) to its 160 UK employees, in recognition of the business' 73rd birthday.The Esop, which enables staff to acquire shares in the organisation, has been designed to mirror the profit-sharing plan that Travel and Transport ...
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ArticleFDIC introduces paid leave benefit for birth, adoptive and foster parents
US government agency the Federal Deposit Insurance Corporation (FDIC) has introduced a new paid parental leave policy, offering up to six weeks of paid leave for male and female employees.The new policy, which was announced in October 2019, enables both male and female employees to take up to six weeks ...
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ArticleTotal pay has increased by 1.9% in real terms since August 2018
Total pay for employees in the UK, including bonuses, grew by 1.9% in real terms during the period between June to August 2018 and June to August 2019, according to research by the Office for National Statistics (ONS).The Average weekly earnings in Great Britain: October 2019 report also found that ...
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ArticleDentons and Network Rail commit to Mindful Business Charter
Law firms DAC Beachcroft and Dentons, financial organisation Nationwide Building Society and transport business Network Rail are among the 17 employers that have signed the Mindful Business Charter (MBC) in October 2019.The MBC was established in October 2018 by law firms Addleshaw Goddard and Pinsent Masons, alongside financial organisation Barclays. ...
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ArticleEXCLUSIVE: Only 9% of younger employees prioritise retirement savings
EXCLUSIVE: Less than one in 10 (9%) of employees aged between 18 and 35 rank retirement savings as their number one priority, despite 66% of employers believing that pension schemes are a priority for all staff, according to research by Smarterly.The survey of 1,248 employees and 508 HR professionals in ...
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OpinionLeah Caprani: The last taboo – menopause in the workplace
Members of Parliament (MPs) have called for the introduction of formal policies to protect menopausal women from being discriminated against in the workplace. While there is currently no specific legislation in this area, Davis v Scottish Courts and Tribunals Services, which was heard in February 2018, provides some welcome guidance ...
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ArticleSharpak staff vote to accept pay deal awarding an extra £769 a year
More than 185 members of staff at food packaging organisation Sharpak, based in Bridgwater, Somerset, have voted to accept a new pay deal which adds £769 to their annual pay.The deal, negotiated by trade union Unite, will particularly benefit employees previously earning the national minimum wage, who will see their ...
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ArticleMore than a quarter of staff are afraid to tell their employer about poor mental health
More than a quarter (26%) of respondents are afraid to tell their employer when they are suffering with poor mental health, according to research by CV Library.The survey of 2,000 UK professionals also found that 39% do not think their employer would care that they were experiencing poor mental health, ...
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ArticleQueen’s Speech confirms Pension Schemes Bill and CDC pensions
The Queen has confirmed that the implementation of the Pensions Schemes Bill will be brought forward, legislating for the introduction of pensions dashboards as well as collective defined contribution (CDC) pension schemes.The Bill was one of the measures announced in the Queen’s Speech, delivered on Monday 14 October 2019 to ...
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ArticleCulture Trip hires Kesner as chief people officer
Travel, media and entertainment organisation Culture Trip has hired Karen Kesner as its new chief people officer.Kesner has experience in talent acquisition, leadership and business process improvement. She has also been involved in designing and implementing recruitment strategies and organisational infrastructure at start-up businesses, in sectors such as technology.Previously, Kesner ...
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ArticleGovernor of Florida to increase starting salary for more than 101,000 teachers
Governor of Florida Ron DeSantis has announced plans to increase the minimum starting salary for teachers in Florida, raising annual wages from $37,636 (£29,941.88) to $47,500 (£37,789.34).The suggested pay rise, which could benefit more than 101,000 teachers working in the state, forms part of DeSantis’ proposed 2020 budget recommendation.DeSantis said: ...
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ArticleCricket Australia introduces paid parental leave policy for players
National governing body Cricket Australia has introduced a new paid parental leave policy for its professional cricket players, offering up to 12 months of paid parental leave for birth mothers.The new policy, launched on 11 October 2019, has been designed to support Australian cricket players with pregnancy, adoption, returning to ...
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OpinionAnnamaria Lusardi: How employers can help improve financial literacy
Employees face a multitude of personal financial decisions, not only about saving for retirement, but also investing in education or an advanced degree, managing day-to-day expenses, buying a home and handling debt. Today, this decision-making unfolds within financial markets that are far more complex than in the past, including with ...
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ArticleMore than two-thirds of employees would value access to mental health first aiders
More than two thirds (69%) of UK employees, and 80% of those aged between 18 and 24, would value having mental health first aiders at their office, according to research by Thomsons Online Benefits.The survey of 2,000 UK employees also found that 64% would value access to 24/7 counselling services; ...
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ArticleNorton Rose Fulbright improves newly qualified associate pay by £7,500
Law firm Norton Rose Fulbright has increased pay for its newly qualified associate population, improving wages by £7,500.Effective from 1 January 2020, newly qualified associates in their first working year will receive £87,500 a year in basic pay; previously, lawyers with this experience earned £80,000 a year.The new base salary, ...
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ArticleThink tank recommends that employers publish wage and progression data
Independent think tank The Social Market Foundation (SMF) has recommended that organisations publish data on wages, career progression, training budgets and HR practices in order to influence remuneration decisions and mitigate low pay.The Pay progression for low-paid workers – Research paper 2: The role of corporate decision-making report, published today ...
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ArticleDreams launches sleep action plan to support 2,000 UK-based employees
Bed and mattress retail and manufacturing business Dreams has launched a new action plan to help its 2,000 UK-based employees improve their sleep.The Sleep Better Programme, implemented in September 2019, provides managers with sleep health training and incorporating conversations about sleep into annual reviews.Staff will also be able to access ...
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ArticleCostain appoints Catherine Warbrick
Construction and engineering organisation Costain has appointed Catherine Warbrick as group HR director and a member of its executive board.Warbrick first joined Costain in 2006 and has held a number of senior leadership roles during her tenure, including director of learning and development and corporate responsibility as well as investor ...
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ArticlePearl Abyss pilots matchmaking membership allowance for single staff
Something for the weekend: Korea-based game development organisation Pearl Abyss has launched a matchmaking membership allowance to support single staff looking for love.The new benefit, which launched in September 2019, is being piloted with five anonymous employees; each individual will receive up to 3 million won (£2,049.49) to allow them ...
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ArticlePoll: 77% of organisations do not have a strategy to address the menopause
Employee Benefits poll: More than three-quarters (77%) of Employee Benefits readers do not have a strategy in place at their organisations to address the menopause, or to support female staff who may be experiencing menopausal symptoms.A straw poll of www.employeebenefits.co.uk readers, which received 33 responses, also found that 15% have ...