All articles by LouronPratt – Page 32
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ArticleTC Facilities Management gives 5,000 employees early access to pay
Facilities management organisation TC Facilities Management (TCFM) is allowing its 5,000 employees to access up to 50% of their pay immediately.The organisation is introducing the new benefit to ensure that all TCFM employees will be supported financial during this uncertain time, and to reward staff for their hard work in ...
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Jennifer Hill: Making a return to the workplace
As lockdown is relaxed throughout the Covid-19 (Coronavirus), employers need to plan carefully for employees’ return to the workplace to accommodate for effective communication, wellbeing, and healthcare.Crucially, employees should continue to work from home if they can, and employers should take all reasonable steps to help employees to do so.Employers ...
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Article88% of employees participated in workplace pensions during 2019
Overall, 88% of eligible employees (19.2million) participated in a workplace pension in 2019, an increase from 87% in 2018, according to research by the Department for Work and Pensions (DWP).The analysis that looked at all members of all qualifying workplace pension schemes, occupational pension schemes, group personal pensions (GPPs), and ...
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ArticleIndeed rewards 10,000 employees with six days of additional leave
Indeed is rewarding its 10,000 global employees with an extra day of paid holiday per month until November 2020.The enhanced annual leave benefit will now become a semi-permanent fixture, following on from positive feedback from employees after it held its first 'You Day' in May 2020.Indeed initially gave its staff ...
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ArticleNuffield Health introduces 10% pay cuts and reduces working hours by 20%
Healthcare charity Nuffield Health has introduced a 10% pay cut and a 20% reduction in hours for its employees, to deal with the financial constraints of the Covid-19 (Coronavirus) pandemic.All employees will be affected by the new pay policy, effective 1 July 2020, except those working at the majority of ...
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ArticleThe top 10 most read stories: 11 June - 17 June 2020
The top 10 most read stories on employeebenefits.co.uk between 11-17 June 2020 were: Slack to offer employees permanent remote working policyGovernment publishes further guidance on job retention schemeTeddy bears hired to test out new roller coaster rideCity of Edinburgh Council furloughs 425 staff on full payBurberry UK reports a 33.1% ...
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ArticleOutfund seeks to recruit social spenders to shop online
Something for the weekend: Outfund is on the hunt for five applicants to buy items online through their social media accounts.The business is running research on social spending and will require the successful applicants to order items through the adverts that they see through their social media accounts.The new social ...
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Poll: What will your attitude be towards trade exhibitions if public transport is permitted?
[polldaddy poll=10568997]
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ArticleTarget increases hourly pay for 200,000 employees
US retailer Target is to permanently increase hourly pay for its 200,00 employees to $15 (£12) per hour from 5 July 2020.Due to the Covid-19 (Coronavirus) pandemic, employees have received a temporary $2 (£1.60) wage increase since March 2020, but the organisation has decided to make this a permanent fixture. ...
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ArticleSeattle City Council legislates to increase pay for food delivery staff.
Seattle City Council has legislated to ensure that front-line independent contractors working for food delivery services in Seattle will receive premium pay.Organisations, such as GrubHub and Postmates, will need to pay any gig workers they employ an additional $2.50 (£2.00) for each order they deliver, during the Covid-19 (Coronavirus) pandemic.However, ...
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ArticleCiti reports 32.7% mean gender pay gap
Financial services business Citi has reported a 32.7% mean gender pay gap for hourly pay as at 5 April 2019.The organisation, which currently has 200,000 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with 250 or more ...
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ArticleDMG Media reports 18.1% mean gender pay gap
DMG Media, formerly known as media business Associated Newspapers, has reported an 18.1% mean gender pay gap for hourly pay as at 5 April 2019.The organisation, which currently has 1,702 employees. reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require ...
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ArticleEXCLUSIVE: 76% of employers want to improve engagement in the future
EXCLUSIVE: Three-quarters (76%) of employers have a desire to improve employee engagement in the future.The Employee Benefits research 2020, published in May 2020, which surveyed 269 HR decision-makers, found that 64% want to improve the influence of employee expectations, while 63% want to be an employer of choice.In 2018, improving ...
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ArticleAer Lingus introduces 50% pay cuts and reduces hours for 4,500 staff
Irish airline Aer Lingus is to introduce 50% pay cuts and respective reductions to working hours for its 4,500 employees, to cope with the financial constraints of the Covid-19 (Coronavirus) pandemic, from 21 June 2020.The organisation has been in talks with union group ICTU Group of Unions in relation to ...
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ArticleGovernment publishes further guidance on job retention scheme
The government has published further guidance on the Government Job Retention Scheme (GJRS), including more information about the new flexible furlough rules.From 1 July 2020, businesses will be able to bring back furloughed employees to work a flexible pattern, while claiming funds back for the hours that they do not ...
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OpinionNicholas Stretch: How are all-employee share plans faring as a benefit in the current crisis?
The two widely used share plans in the UK are sharesave (SAYE) and the share incentive plan (Sip). They, like most employee benefits at the moment, are under real pressure from companies and their participants to show value for money, appeal and flexibility. After all, while employee share plans are ...
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ArticleBuckingham Group to lift Covid-19 pay cuts
Construction organisation Buckingham Group is to return 130 employees to full pay from 1 July 2020.Since April 2020, 130 out of its 620 employees have been asked to take a mandatory pay cut. Office-based staff saw a reduction of salary ranging from 6% to 17.5%, senior managers a decrease of ...
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Article71% of staff believe employers can help manage their health through technology
Just under three-quarters (71%) of employees believe their employer can help them manage their physical health through technology, according to research by Aetna International.The research of 4,000 respondents in the US, UK, United Arab Emirates (UAE) and Singapore also found that almost two-thirds (61%) of employees felt the same about ...
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ArticleLarchwood Care to provide full sick pay for social workers
Larchwood Care is to pay its social care workers in full if they have to self-isolate during the Covid-19 (Coronavirus) pandemic, effective immediately.Following negotiations with the carers' union GMB, the organisation has agreed to the pay conditions, ensuring all of its carers who work within residential and dementia care, will ...
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AnalysisHow will the Covid-19 pandemic affect employees that are due to retire this year?
Need to know: Employers need to ensure that employees know what is happening to their pension investment funds and retirement plans.A comprehensive communication strategy is needed to ensure employees are aware of their options at retirement, even in a pandemic.Communications must be tailored to the individual and depend on their ...