News – Page 55
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ArticleEXCLUSIVE: Virgin Atlantic reinvigorates benefits package for 10,000 employees
Employee Benefits Live 2019: International airline Virgin Atlantic has reinvigorated its wellbeing approach and employee benefits package to better reflect and accommodate its growing workforce.Josie Lazenby, senior manager, wellbeing and benefits at Virgin Atlantic, discussed the benefits refreshment journey during the conference programme at Employee Benefits Live 2019 on Tuesday ...
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ArticleEXCLUSIVE: The Poppy Factory uses organisational values to embed wellbeing
Employee Benefits Live 2019: Veterans charity The Poppy Factory has used its organisational values to help implement a four-pronged wellbeing strategy.Speaking on day one of Employee Benefits Live 2019, Charlotte Dymock, HR business partner at The Poppy Factory, explained how staff wellbeing is not simply about free fruit and yoga ...
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ArticleLabour pledges 32-hour week, end of zero hours and to tackle menopause stigma
During the 2019 Labour Party Conference, which took place from Saturday 21 to Wednesday 25 September, shadow chancellor of the exchequer John McDonnell MP (pictured) committed the party to start work implementing a 32-hour average working week, with no reductions to pay, during its next term in government.The move to ...
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ArticleTake part in exclusive pensions research to benchmark strategy and map trends
What primary and secondary pension schemes are employers offering to staff? Are employees saving enough to be comfortable in retirement? How recently have organisations conducted pensions communications exercises? What are businesses doing to tackle the gender pension gap?Employee Benefits readers can now have their say by participating in this year's ...
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ArticleThe Village Vintner launches fundraiser to aid employee's financial wellbeing
Something for the weekend: Winery and brewery The Village Vintner has announced it will be running a fundraiser to support a valued employee and her family.The Illinois-based beverage business discovered that its assistant manager's financial and overall wellbeing was suffering due to emergency medical issues experienced by her husband. In ...
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ArticleRoadchef launches flexible pay benefit for 3,300 UK employees
Motorway service area operator Roadchef has launched a benefit allowing its 3,300 UK employees to access their wages throughout the month, in an effort to reduce reliance on overdrafts and payday loans.The new benefit, provided by Wagestream, offers staff the opportunity to use a mobile app to access and withdraw ...
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ArticleDebbie Lovewell-Tuck: Reflecting on financial wellness
As our Financial Wellness Week, in association with Aon, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.Not so long ago, I can remember writing about workplace savings platforms; at the time, a new benefits ...
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ArticleSeven in 10 employees are not actively engaged with their workplace pension
More than seven in 10 (72%) employee respondents are not actively engaged with their workplace pension, according to research by Atlas Master Trust, part of Capita.Its Why engagement needs a reality check white paper, which surveyed 200 pension managers, 200 senior finance professionals, 100 senior HR professionals and 2,000 employees, ...
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ArticleOne in 10 employees at Community Medical Centers utilise payroll loans
Approximately 10% of the 6,800 US-based staff employed by private, non-profit healthcare network Community Medical Centers (CMC) have utilised the organisation’s payroll loan benefit since its introduction in July 2018.CMC implemented the payroll loan benefit, provided by Kashable, in July 2018 as part of its voluntary benefits provision, which is ...
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ArticleTwo-thirds of global staff think off-cycle pay would impact decision to accept new job
Nearly two-thirds (62%) of global employee respondents think that off-cycle pay options, such as the ability to choose their pay frequency, would make a difference when considering a job offer, according to research by ADP.The future of pay: Exploring the evolution of worker pay and talent management, which surveyed 7,000 ...
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ArticleThree-fifths of staff at Slug and Lettuce, Walkabout and more enrol in flexible pay
More than three-fifths (63%) of hourly-paid staff at pub group Stonegate Pubs, which operates 772 UK venues under brands that include Be At One, Slug and Lettuce and Walkabout, have enrolled to use a new flexible pay benefit since its launch in April 2019.The financial benefit, provided by Wagestream in ...
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ArticleStaff at Bella Italia, Café Rouge and others draw down £902,623 with flexible pay
Staff employed at restaurant organisation Casual Dining Group (CDG), which operates 280 restaurants in the UK across brands such as Bella Italia, Las Iguanas and Café Rouge, have drawn down £902,623 since May 2019, using a new flexible pay benefit.The financial benefit, provided by Wagestream in partnership with Fourth, was ...
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ArticleTwo-fifths of employees with cancer value reduced or flexible hours
Approximately two-fifths (42%) of employees who have been diagnosed with cancer state that being offered reduced or flexible hours is one of the most valuable ways employers can help support them through treatment, according to research by Unum.The survey of 300 UK employees who have been diagnosed with cancer in ...
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ArticleEXCLUSIVE: University of Lincoln to discuss saving habits at Employee Benefits Live
EXCLUSIVE: Natasha McLaren (pictured), pensions and benefits manager at the University of Lincoln, will discuss how employers can encourage younger staff to develop and build savings habits at Employee Benefits Live 2019.Her session, titled ‘Engaging a new generation of workers’, will be delivered in conjunction with Emma Codd, global special ...
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ArticleBird's brainstorm: Perks pale when staff still fight for fair pay
At Employee Benefits, we spend much of our time considering the balance of importance between financial rewards, exciting perks, and the deeper culture of an organisation. The argument increasingly lands on the side of saying that, while pay is an important hygiene factor, it is not the be all and ...
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ArticleEXCLUSIVE: Only 10% do not currently offer mental wellbeing support to employees
EXCLUSIVE: Only 10% of respondents do not currently offer any form of mental wellbeing education or support, according to research by Employee Benefits.The Benefits research 2019, which surveyed 290 HR decision-makers and was published in May 2019, found that the number of organisations that do not offer mental wellbeing support ...
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ArticleTwo-thirds of employers do not provide financial advice due to budget constraints
Almost two-thirds (64%) of employers do not provide financial advice for their employees because it is too expensive and they do not have the budget, according to independent research organisation Lightbulb.Its survey of 300 UK-based employers also found that that 50% have financial advice on their short-term agenda, with 42% ...
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ArticleGymshark sees 91% of staff log on to benefits platform since October 2016
As of July 2019, online fitness clothing and accessories retailer Gymshark has seen 91% of its 300 UK-based employees log on to its employee benefits platform since its launch.The Birmingham-based organisation partnered with Perkbox in October 2016 to launch the platform, aligning with Gymshark’s commitment to focus on employee wellbeing.The ...
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ArticleEXCLUSIVE: Secret Escapes sees 26% of UK staff engage with financial coaching
EXCLUSIVE: Luxury travel organisation Secret Escapes has seen 26% of its 350 UK-based staff engage with financial coaching since the benefit was implemented in June 2018.The financial planning and coaching benefit, provided by Hatch, was introduced for UK employees in June 2018; it enables staff to attend face-to-face, on-site coaching ...
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ArticleEXCLUSIVE: Elsevier hosts wellbeing day for 700 Oxford-based staff
EXCLUSIVE: Information analytics organisation Elsevier has hosted a wellbeing day for 700 Oxford-based employees as part of its global health and wellbeing initiative, MindLife.The inaugural wellbeing day, held in July 2019, aimed to promote the overall health and wellbeing of employees working at Elsevier’s Oxford operating site.The wellbeing day enabled ...