All articles by LouronPratt – Page 6
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ArticleScottish Power introduced communications strategy to engage employees with pensions
Energy organisation Scottish Power launched a pensions communications strategy for its 6,000 employees to increase awareness and promote the importance of pension savings. The organisation partnered with Nudge Global in October 2020 to form a communications strategy around financial education and pensions that ensures employees fully consider their retirement plans.The ...
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ArticleJust 12% of organisations currently measure gender pensions gap
Just over one in 10 (12%) of organisations proactively measure their gender pensions gap, according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers, found that while many organisations are proactively working towards closing the much-publicised gender pay gap, the proportion that say ...
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ArticleBurges Salmon to repay government for cost of job retention scheme
Image credit: Burges SalmonLaw firm Burges Salmon is torepay in fullthemoney it received under the government’s Coronvirus Job Retention Scheme.In April 2020, the organisation furloughed 42 employees due to the Covid -19 (Coronavirus) pandemic. The roles impacted were those in service teams, such as front-of-house staff, travel co-ordinators, and personal ...
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ArticleBenefex acquires Capita's employee benefits business
Online benefits platform provider Benefex has acquired Capita's employee benefits division.The acquisition includes Capita's health, risk, global, defined contribution (DC) pensions, and flexible benefits consulting, as well as its Orbit benefits platform.Following the acquisition, more than 100 employer clients will be transferred to Benefex. More than 450 small and medium-sixed ...
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Article
University College Hospital London extends discounts scheme to bank staff
University College Hospital London (UCLH) has extended its discount scheme to its 3,100 employees managed by outsourcing organisation Bank Partners.The scheme, which is provided by Xexec provides access to thousands of retail discounts stores available both online and in-store. The new portal also gives bank staff 24/7 access to a ...
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OpinionDanyal Enver: High Court forces pension schemes to look at GMP payments
On 19 November, the High Court handed down its latest judgment in Lloyds Banking Group Pensions Trustees case, clarifying some (but not all) of the issues that were left outstanding by the first judgment in this case, back in 2018.Guaranteed minimum pensions (GMPs) were the mechanism by which employers would ...
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ArticleScottish health and social care staff to receive £500 bonus
Over 300,000 health and social care staff in Scotland will receive a one-off £500 payment to reward them for their hard work during the Covid-19 (Coronavirus) pandemic.All NHS employees and adult homecare staff who have worked since 17 March 2020 will be eligible for the payment. This includes staff who ...
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ArticlePenguin Random House reports 16% mean ethnicity pay gap
Publishing organisation Penguin Random House has reported a mean ethnicity pay gap of 16% for average hourly pay as at April 2020.The organisation published its first-ever ethnicity pay gap figures based on the 57% of employees that voluntarily disclosed their ethnicity. Unlike gender pay gap reporting, there is no legal ...
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Article46% of staff have reappraised the value of benefits due to Covid-19
Just under half (46%) of employees say that the Covid-19 (Coronavirus) pandemic has made them reappraise the value of the benefits their employer offers when deciding to stay with or join a new employer, according to research by Maxis Global Benefits Network (Maxis GBN).Its Maxis GBN global perspectives: Covid-19 and ...
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Case StudiesRoyal Mail's mental health first aid programme aims to increase awareness and decrease stigma
Royal Mail Group introduced a mental health first aid programme to better support the wellbeing of its 140,000 staff.Helping employees look after their wellbeing is a key part of its overall healthcare strategy. In June 2018, the organisation began working with Mental Health First Aid England (MHFA) to provide employee ...
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Case Studies
Infographic: Benefits to support mental health in the workplace
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AnalysisWhat attributes are required for a workplace mental health ambassador?
Need to know: Taking a proactive approach and investing in employees' mental wellbeing has become a key issue for many employers.Employers must understand the role and responsiblities of a mental health ambassador to appoint the most appropriate people to champion an environment of good mental health.A mental health ambassador should ...
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ArticleShell UK reports 18% mean gender and 8.5% ethnicity pay gaps
Energy and fuel organisation Shell UK has reported an 18% mean gender pay gap among 6,000 employees as at April 2020. It has also voluntarily chosen to report its ethnicity pay gap data, finding an 8.5% average difference.Due to the Covid-19 (Coronavirus) pandemic, gender pay gap reporting regulations have been ...
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ArticleNewcastle upon Tyne Hospitals NHS Foundation Trust launches green reward scheme
Newcastle upon Tyne Hospitals NHS Foundation Trust has introduced a green reward programme to engage its 14,500 employees with environmental sustainability and wellbeing across all hospitals. The Shine Rewards programme, provided by sustainability and wellbeing engagement provider Jump, is aimed at motivating staff to make behavioural changes to help the ...
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ArticleMarks and Spencer announces closure on Boxing Day to give employees a rest
British retailer Marks and Spencer (M&S) has announced its decision to close on Boxing Day 2020 to give its employees a rest over the festive period.The closure of its operations on 26 December is to support the wellbeing of staff and recognise their hard work during the Covid-19 (Coronavirus) pandemic.The ...
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ArticleHorseshoe Casino gifts 800 turkeys to staff
Something for the weekend: Baltimore-based entertainment organisation Horseshoe Casino has gifted every employee a free turkey ahead of the Thanksgiving holiday in the United States.To reward its employees for their hard work in dealing with uncertainty during the Covid-19 (Coronavirus) pandemic, the employer tossed 800 turkeys over to its employees.The ...
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ArticleWickes introduces healthcare support for new parents
DIY retailer Wickes has introduced a healthcare support programme for its 8,000 employees and their partners if they become parents.The scheme, provided by Peppy, enables working parents to access confidential peronalised one-to-one support from an expert pre- and post-natal practitioner, specialist pre- and postnatal mental health support and video consultations ...
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ArticleSkanska UK moves to electric vehicle company car policy
Construction engineering organisation Skanska UK has introduced an electric vehicle company car policy. From 1 December 2020, the organisation will stop offering pure petrol and diesel cars as a benefit to eligible employees. From this date, it will offer electric vehicles as the primary type of car in its fleet, ...
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ArticleZurich Australia introduces new family care policy for employees
Insurance organisation Zurich Australia is to introduce a new family care policy to support all working parents.Its new policy, which will come into effect on 21 December 2020 replacing Zurich's existing parental leave policy, will enable all primary parents to take up to 16 weeks' paid leave and request up ...
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ArticleKeep up to date with the Spending Review 2020
Chancellor Rishi Sunak will deliver his Spending Review speech on Wednesday 25 November 2020.He is expected to provide information on further plans to stabilise the UK economy and help organisations deal with the financial ramifications of the Covid-19 (Coronavirus) pandemic.Stay tuned to the Employee Benefits website for all the latest ...