All articles by kscott – Page 78
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OpinionCatherine Rickard: Student loan repayment help recognises employees' wider financial situations
Major changes associated with expanding higher education provision have increased the levels of debt held by millennials as they enter the labour market, as well as the number of people affected by such immediate debt.Projections have shown that graduates will be paying off student debt well into their 40s and ...
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ArticleMcKinsey and Company reports a 23.8% mean gender pay gap
Business management consultancy McKinsey and Company has reported a 23.8% mean gender pay gap for fixed hourly pay.The organisation has reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ahead of the private sector submission deadline of 4 April 2018.The gender pay ...
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ArticleEXCLUSIVE: Hear the future of financial wellbeing at Employee Benefits Connect 2018
EXCLUSIVE: Delegates at Employee Benefits Connect 2018 will be able to gain an insight into the future of financial wellbeing strategies.Monica Kalia (pictured), co-founder and director at Neyber, will present a session titled ‘The employer view on what the future of financial wellbeing looks like’ as part of the wellbeing ...
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ArticleSea Containers completes £187m pensions buy-out
Marine container asset leasing organisation Sea Containers has completed a £187 million bulk annuity buy-out transaction to insure the defined benefit (DB) pension liabilities for 750 pension scheme members.The transaction, which was completed with Aviva, insures the DB pension liabilities of the Sea Containers 1983 Pension Scheme in order to ...
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Case StudiesGVA uses online financial education as basis for financial wellbeing strategy
Commercial property organisation GVA began to create a non-invasive financial wellbeing strategy with the launch of an online financial education programme for its 1,500 UK employees based across its 11 national operating sites.It implemented its financial education programme, provided by Nudge, in November 2017 following the launch of its physical ...
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AnalysisHow can employers construct a non-invasive approach to support employees’ financial priorities?
Need to know:Employers should consider personalising the delivery and content of financial education to enable employees to take control of their own learning either at home or in the workplace.Technology, such as platforms that provide individuals with a full financial overview or financial education via WhatsApp, can empower employees to ...
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OpinionHelen Undy: How can employers help employees improve their financial resilience?
While employees might try their best to leave their problems at the door when coming to work, we all know it is not realistic. Employees are human beings; when under financial pressure, behind on bills or being contacted by creditors, they underperform at work and their mental health can be ...
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ArticleAllianz Worldwide Partners UK holds wellbeing week for 500 staff
Insurance and technology organisation Allianz Worldwide Partners UK has hosted a wellbeing week for its 500 employees.The Work Well Week, which ran from 5 February 2018, was designed to promote both mental and physical wellbeing, advocating an all-round healthy lifestyle for employees in and out of the workplace.Activities during the ...
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ArticleThe Pensions Regulator fines schemes non-compliant with basic auto-enrolment duties
The Pensions Regulator (TPR) has published the names of workplace pension schemes whose trustees have been fined for not providing legally required documentation.Fines were issued to pension trustees for failure to submit scheme returns after receiving a warning from TPR, and for failure to prepare a chair’s statement or for ...
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ArticleLawn Tennis Association reports a 31% mean gender pay gap
Tennis’ national governing body the Lawn Tennis Association (LTA) has reported a 31% mean gender pay gap for fixed hourly pay.The organisation has reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ahead of the private sector submission deadline of 4 April ...
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ArticleBahamas hotel resort seeks chief flamingo officer
Something for the weekend: Not many job descriptions hit the holiday hallmarks of sun, sea and sand, however wildlife-loving job-hunters could strike it lucky thanks to Baha Mar, a new hotel resort in the Bahamas, which is advertising for a chief flamingo officer to join its team.The chief flamingo officer, ...
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ArticleTop 10 most read stories: 8-14 February 2018
The 10 most read stories on www.employeebenefits.co.uk between 8 and 14 February 2018 were: EXCLUSIVE: SSE launches online financial education programmePinsent Masons reports a 22.4% mean gender pay gap33% believe employers should pay employees for keeping healthyLinklaters reports a 23.2% mean gender pay gapStotts Tours Oldham fined £60,000 for failing ...
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ArticleChipotle awards bonuses and extends paid parental leave for 71,000 US staff
Mexican food retailer Chipotle has improved its employee benefits offering to award 71,000 US-based employees cash and stock bonuses, as well as enhancing its paid parental leave policy.The changes, which the organisation is rolling out to employees, have been designed to help support and advance employees' professional and personal lives.Its ...
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ArticleOmni-Serv bus drivers at Gatwick Airport accept two-year pay deal
Airside bus drivers at Gatwick Airport, who are employed by Omni-Serv and are members of the trade union Unite, have voted to accept a two-year pay deal.Approximately 80 employees will benefit from the deal which includes a total pay increase of 5% for affected employees, as well as a £600 ...
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ArticleLearn how a healthy workforce impacts business at Employee Benefits Connect 2018
EXCLUSIVE: Delegates at Employee Benefits Connects 2018 will be able to learn how to quantify the business case for an employee health and wellbeing strategy, as well as gain insight into how a healthy workforce can impact organisational goals and success.Greg Levine (pictured), director, sales and distribution at Vitality Health ...
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ArticleAlan Chambers MBE and DLA Piper to speak at Employee Benefits Connect 2018
EXCLUSIVE: Former royal marine and polar adventurer Alan Chambers MBE (pictured) will deliver the closing keynote address at Employee Benefits Connect 2018, while global law firm DLA Piper will discuss the future of performance.Concluding the conference programme on Wednesday 28 February 2018, Chambers’ closing keynote address, titled ‘The only limits ...
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ArticleTotal Media gains living wage accreditation
Media strategy organisation Total Media has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying its 129 permanent employees, as well as any third-party contractors, at least the voluntary living wage rate of £8.75 an hour for staff working in the UK ...
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ArticleBird and Bird reports a 14.5% mean gender pay gap
International law firm Bird and Bird has reported a 14.5% mean gender pay gap for fixed hourly pay as at 5 April 2017.The organisation has reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ahead of the private sector submission deadline of ...
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ArticleTaylor Wessing reports a 13.5% mean gender pay gap
International law firm Taylor Wessing has reported a 13.5% mean gender pay gap for fixed hourly pay as at 5 April 2017.The organisation has reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ahead of the private sector submission deadline of 4 ...
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Article49% of men feel there is a societal stigma to taking shared parental leave
Under half (49%) of male respondents believe that there is a societal stigma attached to taking shared parental leave, and that it is not considered the normal course of action for men to take, according to research by TSB.Its survey of 2,000 individuals also found that 37% of respondents had ...