All articles by kscott – Page 32
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Article
Novartis launches global paid parental leave policy across 150 countries
Multinational pharmaceutical organisation Novartis is due to begin a phased roll out of a new global parental leave policy, which will enable both male and female employees to take at least 14 weeks of paid leave.The policy aims to offer equal parental leave to all staff across the globe from ...
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Article
EXCLUSIVE: Mention Me introduces life insurance for 70 staff
EXCLUSIVE: Referral marketing organisation Mention Me has introduced a new life insurance benefit for its 70 employees, to support staff wellbeing and align with its organisational culture.The benefit, provided by Yulife, has been implemented in order to reflect the start-up’s growing organisational culture, aligning to its core values: strive, balanced ...
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Article
The top 10 most read stories: 7-13 March 2019
The top 10 most read stories on www.employeebenefits.co.uk between 7 and 13 March 2019 were: John Lewis Partnership to award a 3% bonusWincanton launches engagement app for 17,500 employeesGovernment announces plans to protect workers' rights post-BrexitVirgin Atlantic scraps strict make-up rules for female crewRobert Walters Group to launch global wellbeing ...
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Article
Swedish artists to pay 'eternal employee' £1,753 a month to do no work
Something for the weekend: Although some employees may believe they are busy doing nothing during their working day, Swedish conceptual artists Simon Goldin and Jakob Senneby are hiring for an 'eternal employee' to do just this, paying a monthly salary of $2,320 (£1,752.99) for a job role with no set ...
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Article
Poll: 31% believe SMEs should train first aiders to support employee mental health
Employee Benefits poll: Three in 10 (31%) respondents believe that small and medium-sized enterprises (SMEs) can support employees’ mental health by training mental health first aiders.A straw poll of www.employeebenefits.co.uk readers, which received 49 responses, also found that 24% feel that SMEs should improve office environments in order to better ...
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Article
Nearly half do not know how much their employer pays into their pension
Nearly half (48%) of respondents do not know how much their employer pays into their workplace pension, according to research by not-for-profit pension provider The People’s Pension.Its survey of 2,378 UK adults, including 2,009 individuals who have a pension, also found that 35% are not aware that the government contributes ...
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Article
Westpac Group replaces incentive awards with fixed pay increase for 2,300 tellers
Australian banking organisation Westpac Group is replacing its teller incentive programme with a $500 (£266.27) increase to fixed pay for 2,300 customer-facing employees.The change, effective from 1 April 2019, has been designed to simplify Westpac Group’s remuneration structure, by removing all teller incentives and implementing a new fixed pay only ...
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Article
Government to tackle tax after 2019’s Spring Statement
Spring Statement 2019: The government has announced a call for evidence on insurance premium tax (IPT), in addition to a series of other consultations and responses published in alignment with the Spring Statement 2019.Chancellor Philip Hammond (pictured) outlined the tax-related consultations and published government responses in his annual Spring Statement ...
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Article
Government to review international evidence on minimum wages
Spring Statement 2019: The government has appointed an economics professor to review the minimum wage policy in the UK and consider its impacts on employment and productivity.Chancellor Philip Hammond (pictured) announced in his Spring Statement address today (Wednesday 13 March 2019) that the government has issued terms of reference to ...
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Article
Women in southern Scotland have a 48% smaller pension pot than men
Women living in southern Scotland have 48% less in their pension pot compared to men from the same region, with average pension savings of £19,039, compared to £36,836, according to research by pensions advice organisation Profile Pensions.Analysing the retirement savings of 9,446 of its customers, Profile Pensions further found a ...
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Article
More than a quarter value choice of work location over increased holiday allowance
More than a quarter (28%) of UK respondents value being able to choose their own work location more than having an increase in their holiday allowance, according to research by flexible workspace provider IWG.Its Global workspace survey, which polled 15,000 respondents across more than 80 countries, including 2,153 professionals in ...
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Article
Spotify’s MAP team participates in eight-week wellbeing challenge
The multi-market activation and planning (MAP) team at audio streaming organisation Spotify is participating in an eight-week wellbeing challenge in order to increase employees’ awareness of their own health, as well as improve team engagement.The voluntary Body Age Challenge, provided by The Tonic, launched on 7 February 2019 for all ...
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Opinion
Matthew Potter: What are the impacts from Iceland's minimum wage non-compliance case?
According to the national minimum wage regulations, a salary sacrifice scheme that brings the gross pay of a salaried employee below the minimum wage threshold is technically a breach, attracting fines and a requirement to put employees back into the position they should have been in, had the sums not ...
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Article
UK ranks 13th for female economic empowerment among OECD member countries
The UK has been ranked 13th for female economic empowerment out of 33 member countries of the Organisation for Economic Co-Operation and Development (OECD), according to research by professional services firm PricewaterhouseCoopers (PWC).The Women in work index, published in March 2019, analysed female economic empowerment across 33 of the 36 ...
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Article
Philip Morris International awarded equal pay certification
Global cigarette and tobacco manufacturer Philip Morris International (PMI) has been accredited by non-profit organisation Equal Salary Foundation for awarding equal pay to its employees.The certification verifies that PMI pays all employees, based across more than 90 countries, the same for equal work, regardless of gender.The methodology for certification includes ...
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Article
John Lewis Partnership to award a 3% bonus
Retailer John Lewis Partnership is to pay all its employees across John Lewis and Waitrose a bonus worth 3% of their salary for 2018-2019, totalling £44.7 million.The bonuses have been awarded after the organisation announced its profit before tax, bonuses and exceptional payments of £160 million in the year ending ...
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Article
The top 10 most read stories: 28 February-6 March 2019
The top 10 most read stories on www.employeebenefits.co.uk between 28 February and 6 March 2019 were: Employment tribunal rules against National Gallery in employment status caseMondelez International seeks panel of part-time chocolate tastersEXCLUSIVE: Siemens reshapes reward for the future of workEXCLUSIVE: Moneysupermarket Group launches financial coaching and planningEXCLUSIVE: Michael Caines ...
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Article
EXCLUSIVE: More than two-fifths view improving engagement as top priority
EXCLUSIVE: More than two-fifths (44%) of HR directors cite increasing employee engagement as one of their top priorities for people strategy in 2019, according to research by Reward Gateway.Its survey of 500 UK-based HR professionals found that HR directors are also prioritising improving workplace productivity (56%) and connecting employees to ...
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Article
Robert Walters Group to launch global wellbeing initiative for 4,000 staff
Specialist recruitment organisation Robert Walters Group is preparing to launch a global employee wellbeing initiative for 4,000 staff, in order to improve individual wellbeing and encourage peers to support each other.The #BreakTheCycle campaign has been created in response to Robert Walters Group's recent research, The importance of mental health strategies ...