All articles by Louise Fordham – Page 7
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Article
Total pay grew 2.8% in May-July 2015
Total pay for employees in Great Britain increased by 2.8% in real terms in May-July 2015 compared to the corresponding period in 2014, according to research by the Office for National Statistics (ONS).Its Labour market statistics, September 2015, report, also found that regular pay (excluding bonuses) grew 2.9% between May-July ...
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Article
23% favour Isa-style tax system for pensions
Less than a quarter (23%) of respondents would opt for an individual savings account (Isa)-style system for pensions after gaining a full understanding of the tax implications, compared to an initial 41%, according to research by Aviva.Its survey of 2,000 working adults found that the number of respondents that prefer ...
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Article
National Grid gains living wage accreditation
National Grid, which employs more than 12,000 staff in the UK, has been accredited as a living wage employer.The electricity and gas utility firm has committed to paying all employees and third-party contractors the Living Wage Foundation’s recommended rate of £7.85 an hour, or £9.15 in London.John Pettigrew (pictured), executive ...
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Analysis
What place does wearable technology have in workplace health strategies?
If you read nothing else, read this…Data collected from wearable devices can provide meaningful insights for both employers and individual users.An effective communication strategy and supportive culture can enhance the take-up and continued use of wearable devices.Wearables may become more widespread in the workplace as the sophistication and functionality of ...
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Article
National Grid agrees £13bn defined benefit pension mandate
The board of trustees of the National Grid UK Pension Scheme (NGUKPS) is entering into a long-term agreement with Legal and General Investment Management (LGIM) for the management of £13 billion of the scheme’s assets.LGIM will acquire 100% of the share capital in Aerion Fund Management, which is fully owned ...
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Article
European Court rules that travel time is work
The European Court of Justice has ruled that travel between an employee’s home and the first and last job of the day at a client’s location constitutes working time for staff without a fixed or habitual place of work.The court considered this time spent travelling as working time, with the ...
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Article
Deloitte launches accommodation scheme for graduate staff
Deloitte has launched a new housing initiative to help graduate employees find suitable accommodation in the capital.The organisation, which employs 14,000 staff in the UK and recruits around 1,000 graduates a year, is introducing the scheme to improve the experience of graduates who struggle to find affordable accommodation in London. ...
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Article
66% are saving adequately for retirement
Two-thirds (66%) of respondents employed by large organisations are now saving adequately for retirement, compared to 53% in 2013, according to research by Scottish Widows.Its Workplace pensions report, based on responses from 5,191 UK adults, also found that more than half (54%) of those enrolled in a defined contribution (DC) ...
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Article
MidlandHR holds staff events to celebrate National Payroll Week
Employees at human resources and payroll service provider Midland HR are taking part in a range of activities to mark National Payroll Week (NPW).The organisation, which employs 500 staff, will host events at its HR Outsourcing (HRO) Centre in Nottingham (pictured). The activities are themed ‘It plays to learn’, in ...
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Article
No pay rise for 36% of FTSE 100 CEOs
More than a third (36%) of FTSE 100 chief executive officers (CEOs) did not receive a salary increase in 2015, compared to 25% in 2014, according to research by PricewaterhouseCoopers (PWC).Its Taking stock: review of 2015 AGM season report, based on an analysis of FTSE 100 reports for year-ends in ...
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Article
10: Most talked-about news: NHS to launch £5m health and wellbeing programme
The National Health Service (NHS) is launching a £5 million health and wellbeing initiative for its 1.3 million health service staff.The new programme will be based around three pillars: a drive for improved staff health; occupational health services for GPs; and healthier food and nutrition.“The benefits of this initiative far ...
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Article
RehabWorks acquires Right Corecare
Injury management and rehabilitation provider RehabWorks has acquired employee assistance programme (EAP) and corporate wellbeing provider Right Corecare, which trades as Right Management Workplace Wellness.The two organisations have previously collaborated to deliver health and wellbeing programmes to organisations. The acquisition is aimed at strengthening the providers’ position in the corporate ...
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Article
5: Top 15 most visited stories in August
British Airways gives staff allotment http://bit.ly/1FsB0E6 Court rules travel expenses are subject to tax http://bit.ly/1ISQAZP Workers at Stansted Airport to strike over pay http://bit.ly/1LewVoR Netflix introduces unlimited maternity and paternity leave http://bit.ly/1VIs3Qz Amey extends wellbeing strategy http://bit.ly/1Uwwxwp CEOs paid 183 times more than average worker http://bit.ly/1FsBfix Government launches financial advice ...
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Article
Employee Benefits Awards 2016 are open for entries
Best staff travel benefitsMost effective use of benefits for staff travel and car schemesBest healthcare and wellbeing benefits – small employerMost effective healthcare and wellbeing strategy for employers with fewer than 1,000 staffBest healthcare and wellbeing benefits – large employerMost effective healthcare and wellbeing strategy for employers with more than ...
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Article
39% would reveal if mental health issues are behind absence
Just 39% of respondents would admit to their boss that stress, anxiety or depression were the reasons for sickness absence, according to research by Axa PPP HealthcareIts survey of 1,000 senior management and 1,000 non-executive employees found that 77% would inform their boss of the true reason for staying home ...
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Article
Louise’s Lowdown: Can pay data make a difference?
In the US, the Securities and Exchange Commission has adopted a final rule that will require public employers to disclose the pay ratio between the chief executive officer and the ‘median employee’.Meanwhile, in the UK, the government has launched a consultation to establish the details of its plans to make ...
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Article
Top 10 most read stories this week
1. Government steps up penalties for national wage non-compliance2. Barclays chairman uses Feng Shui on company cars3. Workplace should promote mental wellbeing4. Sky to discuss benefits communication at Employee Benefits Live5. Jury to rule on employee status of FedEx drivers6. NHS to launch £5m health and wellbeing programme7. Capital One ...
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Article
NHS to launch £5m health and wellbeing programme
The National Health Service (NHS) is launching a new £5 million health and wellbeing initiative for its 1.3 million health service staff.The new programme will be based around three pillars: a drive for improved staff health; occupational health services for GPs; healthier food and nutrition.NHS England and ten local NHS ...
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Article
66% have little to no understanding of pension tax relief
Around two-thirds (66%) of respondents have little or no understanding of how the tax system impacts pension contributions, according to research by insurance provider Aviva.Its survey of 2000 working adults in the UK, carried out in August, also found that one in ten respondents have never heard of pension tax ...
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Article
Sky to discuss benefits communication at Employee Benefits Live
John Whitaker, benefits consultant at Sky, will discuss benefits communication strategies at Employee Benefits Live on 22 September 2015.He will deliver a session entitled ‘A guide to successfully marketing your benefits offering’, alongside Anna Cotgreave, reward and benefits manager at law firm Clifford Chance.During the session, Whitaker (pictured) will outline ...