All articles by kscott – Page 59
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ArticleChiswick Park Enjoy-Work organises zip wire activity for 9,000 staff
On-site estate management organisation Chiswick Park Enjoy-Work organised a zip wire activity for the 9,000 employees based at West London business campus Chiswick Park on Thursday 28 June and Friday 29 June 2018.The zip wire, which was set 50 metres above the ground, was available for all 9,000 employees that ...
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ArticleSandeep Maudgil: Are collective defined contribution schemes a viable option for the future of pensions?
Given that employers are increasingly unwilling to bear the risks associated with defined benefit (DB) pensions, we need defined contribution (DC) schemes to provide the best benefits they can.The collective, rather than individual, approach seems to have many benefits. There are those that say that individual DC schemes, if run ...
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ArticleJon Millidge: Are collective defined contribution schemes a viable option for the future of pensions?
Retirement provision is a major challenge facing our society. As the provider of around one in every 190 jobs in the UK, Royal Mail has a responsibility to help tackle this issue. We are committed to providing our employees with the best possible pension arrangements.Like many employers, our defined benefit ...
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ArticleChris Curry: Are collective defined contribution schemes a viable option for the future of pensions?
Collective defined contribution (CDC) schemes have been in the news a lot recently, although the idea of them being used in the UK has been around since the Department for Work and Pensions (DWP) started investigating 'defined ambition' pensions in 2012.In essence, a CDC scheme would be a different way ...
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ArticleCA Technologies introduces 12 weeks of paid parental leave for 11,000 global employees
Software organisation CA Technologies has introduced a new global paid parental leave policy for its 11,000 worldwide employees.The parental leave policy, which launched today (Monday 2 July 2018), enables both male and female employees to take a minimum of 12 weeks of paid parental leave during the first 12 months ...
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ArticleGreenwich Leisure Limited to pay all staff the London living wage
Leisure, gym and swimming pool organisation Greenwich Leisure Limited (GLL) has committed to paying all employees, including those aged between 18 and 20, the London living wage rate of £10.20 an hour.Currently, staff aged between 18 and 20 earn £8.10 an hour, and employees aged 21 or older are paid ...
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ArticleNorth West Ambulance Service paramedics strike in pay dispute
Paramedics at North West Ambulance Service (NWAS) who are members of the GMB trade union undertook a six-hour strike on Friday 29 June 2018 as part of a long-running pay dispute.Approximately 50 GMB members based across Lancashire, Cumbria, Cheshire, Merseyside and Greater Manchester participated in the industrial action, which saw ...
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ArticleKings Place Arts and Music Centre increases pay and paid sick leave
Live music venue Kings Place Arts and Music Centre has agreed to increase the minimum hourly rate of pay for staff as part of a three-year plan, as well as improving annual paid sick leave entitlement.The organisation has agreed to the three-year staged pay rise plan with trade union Bectu. ...
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ArticleCMS UK launches time out policy to enable staff to take one month of unpaid leave
Law firm CMS UK has recently launched a new ‘time out’ policy, enabling staff to take up to one month of unpaid leave every year.The policy, which is eligible for all of the firm’s employees, excepting trainees, has been designed to help staff address their work-life balance by being able ...
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ArticleDeliveroo pays compensation to settle riders’ employment status claims
Food delivery organisation Deliveroo has paid compensation to 50 of its couriers to settle legal action regarding whether they should be classified as workers or self-employed independent contractors, and whether riders can therefore access employment rights, such as the national minimum wage and holiday pay.The legal action, which was brought ...
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ArticleChina caps film actors’ pay
Something for the weekend: Five government agencies in China have announced that the salaries of on-screen actors are to be capped at 40% of total production costs.A joint notice from five Chinese government agencies, including the tax authority, the television and film regulator and the propaganda department, confirmed on Wednesday ...
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ArticleTop 10 most read stories: 21-27 June 2018
The top 10 most read stories on www.employeebenefits.co.uk between 21 and 27 June 2018 were: EC2 Master fined £15,000 for not collecting or investing nearly £900,000 of pension contributionsJapanese employee docked a half day's pay for taking lunch break three minutes earlyEmployment Tribunal rules in favour of Hermes couriers in ...
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ArticleEXCLUSIVE: 34% state cost prevents employers from offering pre-retirement financial guidance
EXCLUSIVE: More than a third (34%) of employer respondents do not offer pre-retirement financial guidance because of the cost, according to research by independent financial and corporate advisers Chase de Vere and independent research organisation Lightbulb.Their survey of 300 senior HR decision makers also found that 42% of respondents believe ...
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ArticleHilton Saudi Arabia offers employer-funded support for female drivers
Hospitality organisation Hilton Saudi Arabia is offering employer-funded financial support for its 250 female employees, in recognition of the country lifting the ban that previously prevented women from driving.Hilton Saudi Arabia is now providing female employees with paid time off to attend driving lessons, as well as reimbursing female staff ...
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AnalysisWhat role can employers have in breaking financial taboos?
Need to know:Employees experiencing financial difficulties may not wish to discuss them at work in case they are perceived negatively by their employer or peers.Benefits such as money coaching or a wealth management portal can help employees learn more about their financial habits, which can ease potential financial issues.Case studies ...
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Case StudiesCarlsberg tackles financial taboos in wellbeing month
Brewery giant Carlsberg promoted financial wellbeing support benefits during its recent wellbeing month, which aimed to combat financial, physical and mental health-related taboos.During May 2018, employees took part in on-site mortgage sessions and hourly one-to-one slots to provide independent mortgage advice. Provided by Radcliffe and Newlands, Carlsberg employees are able ...
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OpinionCharles Cotton: How can employees' personal finances impact on employers?
The Financial wellbeing: the employee view report, published by the Chartered Institute for Personnel and Development (CIPD) in January 2017, found that one in four UK employees believe that money worries have affected their performance at work.This proportion is even higher in certain regions, such as London, and within different ...
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ArticleAmbition holds annual wellbeing week for UK staff
Global recruitment organisation Ambition held its annual wellbeing week this month, to promote wellness in the workplace for its 35 UK-based employees.The wellbeing week, which ran between Monday 18 June and Friday 22 June 2018, was designed to incorporate various wellness elements, such as fitness, mental health, eating well and ...
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ArticleUltimate Software, Salesforce and Workday named USA’s Best workplaces for millennials 2018
US-based information technology organisations Ultimate Software, Salesforce and Workday are among the employers that have been recognised in the Best workplaces for millennials 2018 list, compiled by Great Place to Work USA.The list results from 398,000 survey respondents working at Great Place to Work-certified organisations in the US. This included ...
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ArticleGovernment launches consultation to increase The Pensions Regulator’s powers
The Department for Work and Pensions (DWP) has launched a consultation into how best to improve The Pensions Regulator’s (TPR) powers and increase protections for defined benefit (DB) pensions scheme members.The consultation, which closes on 21 August 2018, follows the publication of the government’s white paper, Protecting defined benefit pension ...