All articles by LouronPratt – Page 54
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AnalysisHow can employers support the unseen issues in financial wellbeing?
Need to know: A wide range of financial issues that many employees struggle with often go unnoticed at work. Employers must find a way to tackle the taboo of discussing financial issues among their workforce if they are to understand the needs of employees. Employee surveys and constant ...
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Case StudiesEpson Europe supports financial wellbeing with coaching benefit
Epson Europe BV introduced a financial coaching benefit in order to support the financial wellbeing of its UK-based employees.Epson views financial wellbeing as being an important part of employees' total wellbeing. Working with consultancy, Secondsight, the organisation challenged how it could not only provide benefits, but also have a meaningful ...
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OpinionSian Fisher: What are the unseen issues affecting financial wellbeing?
Talk and action to tackle the gender pay gap is headline news, but as chief executive officer (CEO) of the Chartered Insurance Institute (CII) and chair of the Insuring Women’s Futures initiative, I am aware there are many more unseen issues facing female financial wellbeing.Insuring Women’s Futures is a programme ...
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ArticleHays showcases ROI on benefits strategy
Since recruitment organisation Hays updated its new benefits strategy with software provider Benefex in November 2018, they have effectively used data to showcase return on investment. Based on recognising the needs and demands of its employees through their annual engagement survey, they focused on creating an online flexible benefits platform ...
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ArticleJonckers introduces unlimited paid holiday globally
Global translation organisation Jonckers is implementing an unlimited paid holiday scheme for all 350 employees across the 10 countries in which it operates.Following an initial trial in its Czech and Slovak offices, which began this month, the organisation will roll out unlimited holiday for its 172 Belgian employees from March. ...
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Article62% believe they are fairly paid
Just under two-thirds (62%) believe they are fairly paid for the work that they do, according to research by Synergy.Its What employees want report, which surveyed 3,000 UK workers, also found that 24% of female respondents do not agree that they are fairly paid, compared to 18% of males.More than ...
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ArticleUnipart delivery drivers accept new pay deal
NHS delivery drivers, employed by Unipart, have accepted a pay deal, ending a dispute between the organisation and 130 affected employees.The drivers regularly deliver NHS equipment supplied on behalf of Supply Chain Coordination (SCCL), which is wholly owned by the secretary of state for health and social care. Under the ...
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Article
Eileen Donnelly: How hidden financial issues can exacerbate the problem
Day-to-day finances are the main cause of stress for 18.5 million people in the UK, according to the Chartered Institute of Professional Development. And 25% of employees revealed in another CIPD survey that poor financial wellbeing is a significant cause of their stress.Until recently, employers often steered clear of getting ...
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ArticleMcDonald's launches app to enhance education benefits for US staff
McDonald’s has launched a career exploration app to help US employees in 36,000 restaurants maximise the learning and education benefits available to themThe app, Archway to Careers, builds upon the organisation's existing Archways to Opportunity programme, which offers McDonald's staff the opportunity to learn English language skills, earn a high ...
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ArticleMore than half of employees do not feel recognised at work
More than half (56%) of respondents working for small and medium-sized (SME) organisations do not feel like they are being recognised in full for their merits, according to research by Capterra. However, the research, which surveyed 315 employees, also found that more than three-quarters (78%) said they would work harder ...
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Article81% want more transparency over pension investments
More than 80% of consumers want transparency about what companies their pensions are invested in, according to research by PensionBee. The online pension provider's study of more than 2,000 customers of its largest fund found a consensus among how much UK workers want to know where their money is being ...
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ArticleAverage pay dropped by 7.8% year-on-year in the final quarter of 2019
Average wages dropped by 7.8% year-on-year in the final few months of 2019; this is the first time average pay has dropped since quarter one of 2018, according to CV-Library. The quarterly report looked at job market data from throughout the fourth quarter of 2019 and compared it with the ...
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ArticleParts of Asda's job descriptions ruled inaccurate for purposes of equal pay dispute
In the week commencing 13 January 2020, Manchester Employment Tribunal ruled that supermarket retailer Asda's job descriptions for predominantly female shop floor employees 'did not go far enough as to acquiring and using knowledge' for the purposes of comparison in its ongoing equal pay dispute.Under the Equality Act 2010, even ...
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ArticleGovernment will continue state pension for UK nationals living in EU after Brexit
In a document published on 24 January 2020, the Department for Work and Pensions (DWP) confirmed that UK citizens working in the European Economic Area (EEA) and Switzerland will continue to have access to benefits and pensions despite the UK leaving the EU. The DWP promised that there will be ...
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ArticleUnum increases adoption assistance to $25,000
Employee benefits provider Unum has increased the assistance it offers to its 9,400 US employees when adopting a child.From this month, the organisation will provide a one-off payment of £25,000 (£19,103) to help cover the cost of adoption for employees. The average cost of adoption from foster care in the ...
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ArticleHarrods, Pure Planet and Adecco Group awarded for employee engagement
Harrods, renewable energy firm Pure Planet and recruitment organisation The Adecco Group are among the organisations recognised at the 2019 UK and European Employee Engagement Awards. The annual event, which was held at the Troxy, London on 23 January 2020, is designed to recognise organisations that put employee engagement at ...
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ArticleStonegate Pub Company enhances parental pay and benefits
Stonegate Pub Company has enhanced its maternity, paternity and adoption package for its 14,500 employees. All salaried employees are now entitled to enhanced maternity and adoption pay, comprising 12 week's full pay followed by 27 weeks of statutory pay. The organisation has also enhanced its paternity provision to two weeks ...
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ArticleThe top 10 most read stories: 16-22 January 2020
The top 10 most read stories on www.employeebenefits.co.uk between 16 and 22 January 2020 were: Aldi increases minimum pay for 33,000 employees to exceed real living wageSeven in 10 employees would move jobs for a better mental health policyThree-fifths of employers do not have an actively managed wellbeing programmeHyatt Hotels ...
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ArticleSausage dog shows owner that diversity and inclusion breeds better engagement
Something for the weekend: Despite his short legs, sausage dog Archie has squeezed through the tight talent pipeline and taken on his dream role as a sheepdog. Archie, who lives on a farm in Molong in New South Wales, has long been starstruck by the exciting lifestyle of sheepdogs. His ...
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ArticleDelta Air Lines pays out $1.6 billion in profit sharing to 90,000 employees
Air travel organisation Delta Air Lines is awarding its 90,000 employees with a cash bonus equivalent to two months' pay, following the strong business performance in 2019.Employees will receive the bonus through the organisation's profit sharing scheme, which is open to all global staff who are full-time, part-time or ready ...