All articles by Louise – Page 25
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Article
35% of contractor health insurance claims relate to musculoskeletal conditions
More than a third (35%) of health insurance claims among contractors and tradespeople were related to muscle, bone or joint conditions, according to construction sector employee benefits firm ECIS.Its claims data for January to September 2015 also found that more than a fifth (23%) of health insurance claims related to ...
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Article
38% believe senior leaders are overpaid
More than a third (38%) of respondents believe that senior leaders are overpaid, according to research by reputation management consultancy Lansons and insight agency Opinium.The Britain at work 2016 report, which surveyed 3,002 UK employees, also found that 52% of respondents feel that the level of pay they receive is ...
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Analysis
Infographic: How benefits choices differ across generations
An infographic looking at how benefits choices differ across generations (Source: Aon Employee Benefits' Employee reward and benefits for multi-generational workforces report, September 2015).Read more about how to create a benefits strategy for an 'ageless' workforce.
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Opinion
David Sinclair: Employers need to consider pick and mix reward strategies
Unless employers reconsider their workforce planning in the light of population ageing, they will face substantial personnel and skills shortages in future years. There are 9.2 million workers in the UK over the age of 50, many of whom will leave work permanently over the next 15 years, taking their ...
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Opinion
Neil Emery: EAT rules holiday pay calculations should include commission
In the case of Lock v British Gas Trading, the Employment Appeal Tribunal (EAT) has confirmed that an employee’s holiday pay should include an element in respect of commission.Lock was an energy trader for British Gas Trading, earning commission on the sales he generated, equating to around 60% of his ...
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Article
Coca-Cola to enhance parental leave for US employees
Coca-Cola is to extend paid parental leave for male and female employees in the US.From January 2017, all new parents will be eligible for six weeks’ paid parental leave, including adoptive and foster parents.The new policy will be in addition to the six to eight weeks of paid parental leave ...
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Article
BBC switches payroll technology provider
The BBC has entered into a contract with IBM for the provision of outsourced finance, accounting payroll and associated technology provider.The contract aims to contribute towards the broadcaster’s efficiency targets, by providing a simplified and efficient service. This will include the introduction of cloud-based technologies to support payroll and expense ...
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Article
BBC switches payroll technology provider
The BBC has entered into a contract with IBM for the provision of outsourced finance, accounting payroll and associated technology provider.The contract aims to contribute towards the broadcaster’s efficiency targets, by providing a simplified and efficient service. This will include the introduction of cloud-based technologies to support payroll and expense ...
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Opinion
Michelle Cracknell: A new approach is required to help people plan for retirement
The pension landscape has undertaken a massive rebuild in order to be sustainable in our ageing society. The topping-out ceremony was the pension freedoms introduced from April 2015. Now, we need to make the new pensions infrastructure habitable for members so they can properly plan for retirement, making informed choices ...
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Article
61% of US employers have a budget for employee engagement
Less than two-thirds (61%) of US employer respondents have some level of funding for employee engagement in 2016, compared to 71% in 2014, according to research by employee engagement and retention firm TalentKeepers.Its 12th annual Employee engagement and retention trends report, which surveyed 887 US employers, also found that 26% ...
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Article
Well Pharmacy increases pay for 4,500 employees
Pharmacy chain Well is increasing hourly pay rates by between 2% and 10% for 4,500 employees.The organisation, which employs around 7,000 members of staff, will implement the increases across seven roles in its pharmacy stores and driving teams.Healthcare assistants and pharmacy assistant trainees will see their pay rise by 8% ...
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Article
45% of European employers view sedentary lifestyles as key health concern
Almost half (45%) of European employer respondents cite sedentary lifestyles as a key health concern, according to research by Willis Towers Watson.Its Staying@work research, which surveyed 1,669 employers across Europe, North America, Latin America, the Middle East and Asia, also found that almost three-quarters (74%) of European employers are concerned ...
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Article
Co-operative Group chief executive requests 60% pay cut
The Co-operative Group’s chief executive has requested a 60% cut to his total remuneration package.Richard Pennycook (pictured) will see his base salary reduce from £1.25m to £750,000 from July 2016.From 2017, the maximum annual incentive plan award will fall from 100% of base salary to 40% of base salary, and ...
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Article
16% refer staff to Pension Wise
Less than one-fifth (16%) of employer respondents are referring their employees to the Pension Wise service, compared to 20% in October 2015, according to research by Close Brothers Asset Management.The latest Close Brothers business barometer, which surveyed 917 employers, also found that more than a third (36%) of respondents offer ...
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Article
35% speak to their manager about mental health problems
Around a third (35%) of respondents that have experienced mental health issues have discussed these with their manager, according to research by Willis PMI Group.Its survey of 1,388 UK employees also found that 30% of respondents do not speak to their manager about their mental health because they are worried ...
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Article
Top 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 31 March and 6 April 2016: EXCLUSIVE: Reward Gateway owner acquires Perkz.Is pet pampering coming to a workplace near you?Employee Benefits Awards 2016 shortlist unveiled.How will the Budget 2016 affect employee benefits?US women footballers file equal pay complaint.Golin introduces unlimited leave ...
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Article
Tasmanian island seeks chief wombat cuddler
Something for the weekend: Australia’s Flinders Island is seeking a suitable candidate to cuddle its wombat resident Derek.The Tasmanian government’s tourism marketing agency, Tourism Tasmania, is running a competition to appoint the chief wombat cuddler.While the lucky winner’s key responsibility will be cuddling the cute marsupial - a pretty great ...
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Article
11.5m people covered by group risk schemes in 2015
More than 11.5m people were members of group risk schemes at the end of 2015, according to research by Swiss Re.Its Group watch 2016 report, which is based on data from all insurers operating in the group risk market, also found that the number of people covered under group risk ...
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Article
Co-operative Food to increase new starter pay by 1.8%
The Co-operative Group is increasing pay for new starters in its food stores by 1.8%.The increase follows a two-year pay deal agreed in 2015 that will see 40,000 employees working in frontline positions in its food business receive a pay rise of 8.5% by October 2016.The increases take pay levels ...
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Article
EXCLUSIVE: 67% concerned about mental health in the workplace
EXCLUSIVE: More than two-thirds (67%) of HR professional respondents say mental health is a major issue in their workplace, according to research by MetLife Employee Benefits.Its survey of 204 UK HR professionals also found that more than half (53%) of respondents have found themselves providing counselling to employees.The research also ...