All articles by kscott – Page 70
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Article
BT, Nationwide Building Society and Citi Group shortlisted for best benefits communication
BT (pictured), Citi Group, FirstGroup and Nationwide Building Society are among the organisations shortlisted in the best benefits communications, large employer category at the Employee Benefits Awards 2018.This award recognises the most effective benefits communication strategies implemented by large employers with more than 5,000 staff.The full category shortlist is:AWE, AWE ...
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Article
12.5m people covered by group risk schemes in 2017
Nearly 12.5 million individuals were covered by group risk schemes at the end of 2017, according to research by Swiss Re.Its Group watch 2018 report, which is based on data collected from 16 product providers in the group risk market in the UK, 18 employee benefits consultancies and one independent ...
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Article
28% of employers are looking to do more to support employee mental health
More than a quarter (28%) of employer respondents who currently have clear policies and tools in place to support mental wellbeing are looking to do more in this area, according to research by Legal and General.Its Red report: mental health in the workplace, challenges and solutions report, which surveyed employer ...
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Opinion
Sarah Henderson: What do pension trustees need to consider for GDPR?
The General Data Protection Regulation (GDPR) introduces more stringent requirements for contracts between data controllers and data processors than are currently in place. Pension trustees are data controllers of the personal data they hold and use to run their schemes. To be fully compliant with the GDPR, trustees will need ...
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Article
20% of employers to pay above auto-enrolment minimum contributions
A fifth (20%) of employer respondents plan to pay more than the minimum contribution required for auto-enrolment, following the contribution increase which was effective from 6 April 2018, according to research by The People’s Pension.Its survey of 120 employers also found that 70% of respondents plan to pay just the ...
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Article
Up to 30% of DB pension members over 55 moving to access pension freedoms
Between 20% and 30% of active defined benefit (DB) pension scheme members over the age of 55 are transferring out of their scheme in order to access pension freedoms as a result of receiving paid-for financial advice, according to research by Willis Towers Watson.The organisation used data it collated in ...
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Article
Local Government Association offers two-year pay deal
The Local Government Association has offered local authority staff in England and Wales a two-year pay deal, including pay rises of up to 16%.The pay offer, which has been accepted by trade union Unison, includes a 16% pay increase for employees on the lowest scale point six, a pay rise ...
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Analysis
Should employers do more to encourage take up of shared parental leave?
Need to know:An organisation’s culture can influence whether parents feel comfortable requesting shared parental leave.Enhancing shared parental pay above the statutory minimum can enable parents to align decisions around childcare and parental leave more to family needs rather than this automatically falling to the parent whose employer offers better-paid leave.Case ...
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Case Studies
Accenture equalises parental policies to encourage male take up
Global management consultancy and professional services organisation Accenture equalised its shared parental leave and maternity leave policies to give employees equal opportunities to manage their work and family lives after the birth of a child.The organisation, which has 11,500 employees in the UK, introduced its shared parental leave policy in ...
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Opinion
Dr Heejung Chung: Flexible working is crucial in addressing work-life balance
In March 2018, the Women and Equalities Committee proposed a range of policies that aims to support fathers to play a larger role in a child’s life. In it, the committee recommends that all jobs be advertised as flexible from day one, unless there are business reasons not to.Strengthening the ...
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Opinion
Annelise Tracy Phillips: How can employers address potential stigma around male staff taking shared parental leave?
Since 2015, new parents have been able to take advantage of shared parental leave. Mothers can convert up to 50 weeks of maternity leave and 37 weeks of maternity pay into shared parental leave and shared parental pay. They can then share it with a second parent.Research by Working Families, ...
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Article
38% opt out of workplace pension because they cannot afford contributions
More than a third (38%) of respondents who have chosen to opt out of their workplace pension did so because they cannot afford to have the pension contributions taken from their monthly pay, according to research by Now: Pensions.Its survey of 1,552 UK employees with pre-tax personal incomes of more ...
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Article
Riverford Organic Farmers to launch employee ownership trust
Produce delivery organisation Riverford Organic Farmers is to launch an employee ownership trust from 8 June 2018.The organisation’s founder and owner Guy Singh-Watson (pictured) will retain 26% of the business and continue to play an active role at Riverford Organic Farmers. The remaining 74% of the organisation will move into ...
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Article
FCC Environment recycling employees strike in sick pay dispute
Recycling employees at waste management organisation FCC Environment who are members of the trade union Unison are undertaking two weeks of strike action in a dispute over sick pay.The Hull-based recycling staff began strike action on 29 March 2018.The dispute regards FCC Environment’s sick pay scheme, which is currently only ...
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Article
48% do not know auto-enrolment minimum pension contributions are increasing
Just under half (48%) of respondents are not aware that auto-enrolment minimum contributions are increasing, according to research by Barnett Waddingham.Its Generation Why report, which surveyed 3,000 employees, also found that 41% of respondents do not know what percentage of their salary they should be contributing to their workplace pension ...
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Article
PWC introduces family-friendly benefits for US staff
Professional services organisation PricewaterhouseCoopers (PWC) has introduced family-friendly benefits for its 45,000 US-based staff, including paid parental leave and family care leave.The new benefits, which are effective from 1 July 2018, allow eligible new parents to take up to eight weeks of paid parental leave within the first year of ...
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Article
Danone rolls out global parental policy in Australia, Italy and NZ
Multinational food production organisation Danone has rolled out its global parental policy in Australia, Italy and New Zealand for 1,259 employees.Danone’s global parental policy, which was initially launched in March 2017, was yesterday (5 April 2018) rolled out to its 330 employees in Australia, 419 employees based in New Zealand ...
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Article
Poll: 61% believe driverless cars will feature in company car strategies
Employee Benefits poll: Under two-thirds (61%) of respondents believe that driverless cars will feature within organisations’ company car strategies.A straw poll of www.employeebenefits.co.uk readers, which received 46 responses, also found that 28% of respondents think that driverless cars do not have a place within employers’ company car strategies, compared to ...
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Article
EXCLUSIVE: Registers of Scotland hosts benefits fairs for 1,000 staff
EXCLUSIVE: Non-ministerial government department Registers of Scotland has held two benefits fairs for its 1,000 employees in order to promote its new employee benefits platform, existing benefits package and new salary sacrifice benefits.The benefits fairs were held on 26 and 27 February 2018 at the department’s Edinburgh and Glasgow sites. ...
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Article
Poll: Will more employers follow Royal Mail to implement collective DC pensions?
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