News – Page 67
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Merton College reveals Oxford living wage pledge
Merton College, part of the University of Oxford, has announced it has become an Oxford living wage (OLW) employer.The rate is specific to the region and set by Oxford City Council and is calculated at 95% of the London living wage. It means the college is now committed to paying ...
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Public sector workers paying more into pensions
A report by the National Audit Office (NAO) has revealed most pensions have become more affordable in recent years – but it has also raised concerns that pensions affordability among public sector workers is now falling behind.According to the report, employee contribution levels have increased by 16% in real terms ...
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Poshmark hires its first chief people officer
Poshmark – the online marketplace for new and second-hand style for women - has appointed William Ingham as its first ever chief people officer.The online marketplace, which announced its initial public offering at the start of this year, recently reported a 27% increase in fourth-quarter revenue, and the new role ...
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45% of FTSE 100 firms use ESG to calculate pay
Research by PricewaterhouseCoopers (PWC) and London Business School has revealed environmental, social and governance (ESG) measures have reached widespread adoption in the setting of executive pay.Data from The paying well by paying for good report found the measures were now being used in approaching half (45%) of all FTSE 100 ...
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The top 10 most-read articles between 11 March – 17 March 2021
The top 10 most-read stories on employeebenefits.co.uk between 11 March – 17 March 2021 were: Aldi on the hunt for cracking Easter egg tastersWorkers 'desperate' for wellbeing supportOgilvy boosts menopause supportLucy Dunbar: How will the pensions lifetime allowance freeze affect staff retirement plans?EXCLUSIVE: TSB takes a pro-active approach to employee ...
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EXCLUSIVE: BT discusses what reward will look like in a post-Covid world
Employee Benefits Insights 2021: Megan O’Shaughnessy, head of reward at BT, detailed the "growing importance of flexible reward strategies post-Covid" at the online event.O’Shaughnessy acknowledged that many organisations may not be in a position to offer traditional reward levers such as pay rises, bonuses or long-term incentive plans as a ...
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Group life insurance pays out £93m in employee-related Covid claims
New data has revealed the extent to which group life insurers have paid out claims related to the deaths of employees due to Covid-19 (Coronavirus).According to figures released by Group Risk Development (Grid) for the year to 31 December 2020, payouts were given to the dependents of 891 employees with ...
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25% of employees have not had a wellbeing check-in during lockdown
Just days before the one-year anniversary of lockdown, research by Mental Health First Aid (MHFA) has revealed that a quarter of staff have still not had a wellbeing check-in since the Covid-19 (Coronavirus) pandemic started.Timed to coincide with MHFA’s ‘My Whole Self Day’, the survey further found that nearly a ...
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BAI Communications hires new chief people officer
Communications and infrastructure provider BAI Communications has announced it has appointed Alison Perren as its new group chief people officer.Having previously held senior HR roles at the likes of Yum! Brands, PepsiCo and the Ford Motor Company, Perren has had responsibility for people strategies across Europe, the Middle East and ...
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Pension Protection Fund ethnicity pay gap 'a problem'
The Pension Protection Fund (PPF) has published its ethnicity pay gap alongside its gender pay gap data for the very first time – and admits the results do not make happy reading.According to its report, the organisation's median gender pay gap increased from 13.39% in 2019 to 15.71% for 2020. ...
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Edinburgh Council becomes living wage employer
Edinburgh City Council, the capital's largest employer, has announced that all of its staff will receive at least the Scottish Local Government Living Wage (SLGLW) as part of their base pay from 1 April.The change will mean all employees earn at least £9.50 per hour, and the move marks a ...
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CMAC unveils 'Time Out’ wellness week
Managed transport and accommodation group CMAC is planning to stage a number of employee wellbeing events from Monday (22 March).The organisation's ‘Time Out Week’ aims to encourage its 150 workers to make time to take breaks, and give them tools to manage their mental health and resilience during lockdown.Time Out ...
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Brent Council publishes pay gap data
Brent Council has published its Gender, ethnicity and disability pay gap report, revealing its mean gender pay gap fell from 7.2% to 5.2% last year.But commenting on the findings, Debra Norman director of legal, HR, audit and investigations at the Council, believes the figures require close inspection.She said improvements in ...
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EXCLUSIVE: Danone addresses diversity, inclusion and belonging
Employee Benefits Insights 2021: Keynote speaker Putri Realita, global head of inclusive diversity, HR, at Danone, discussed ‘Making inclusion and belonging matter’ during her opening address at the virtual event today (15 March).Realita insisted that diversity and inclusion (D&I) should be thought of as three key elements – diversity, inclusion ...
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DuPont hires new chief HR officer
Multinational chemical manufacturing giant DuPont has hired Christopher Raia as its new senior vice president and chief human resources (HR) officer.Raia was already working at the business as its interim HR chief, and with his formal appointment he will now be charged with looking after all aspects of the HR ...
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Ogilvy boosts menopause support
International advertising and PR agency Ogilvy has significantly enhanced its existing menopause support for employees.The additions, launched to staff in an internal email on Friday (12 March), sees it assume a much broader health and wellbeing remit through a partnership with Bupa. This enables staff to have private medical assessments ...
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Private ambulance drivers demand NHS sick pay
Private ambulance workers employed by Ezec have hit out at only receiving statutory sick pay (SSP) if they are off work due to Covid-19 (Coronavirus).While mainstream NHS staff are given full pay if they are ill with Coronavirus or have symtoms and have to self-isolate, those working for the ambulance ...
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Employee Benefits prepares for Insights Online Series
Employee Benefits Insights online series, which explores the latest trends and solutions in reward strategies for 2021 and beyond, starts on Monday (15 March).The four-day event will see industry experts take to the virtual stage to share their first-hand experience and knowledge during keynote addresses, as well as practical 'How ...
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Aldi on the hunt for cracking Easter egg tasters
Something for the weekend: Aldi is on the hunt for three cracking connoisseurs to road test a selection of its Easter eggs and get paid in chocolate. Yes, really. No yolk.The retailer is offering an eggsciting opportunity for recruits who have an "infatuation for confectionery, experimental taste buds and bucketloads ...
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The top 10 most-read articles between 4 March – 10 March 2021
The top 10 most-read stories on employeebenefits.co.uk between 4 March – 10 March 2021 were: How will the Budget 2021 affect pay and benefits?Pawternity leave among the perks employees really wantBP employees to work from home twice a weekThousands of workers to get 9% pay rise on 1 AprilVodafone launches ...