News – Page 56
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ArticleEXCLUSIVE: More than half provide season ticket travel loans
EXCLUSIVE: The most common workplace savings benefit is the season ticket travel loan, provided by 52% of organisations, according to research by Employee Benefits.The Benefits research 2019 report, which surveyed 290 HR professionals, was published in May 2019. It found that, of those that provide season ticket travel loans, 30% ...
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ArticleHalf feel employers should support staff more in achieving work-life balance
Just under half (49%) of respondents feel that their employers should support them more in achieving a healthy work-life balance, according to research by Thomsons Online Benefits.Its survey of 2,000 UK employees also found that 31% are kept awake at night because of workplace stress, while 26% stated that long ...
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ArticleKavitha's keynote: A simple ‘thank you’ is often enough
Earlier this week, we reported that creative practitioners working in London’s West End who are members of the trade union Equity voted to accept a deal which included pay increases and more flexible working opportunities.While employment disputes over pay are increasingly common, what struck me about this case was the ...
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ArticleHalf believe benefits are not meeting the needs of multigenerational workforce
Half (50%) of employers do not think their benefits offering is meeting the needs of all generations within their workforce, with 89% believing that they will need to change their package to suit future generations entering the workforce, according to research by Aon.The Benefits and trends survey 2019, which polled ...
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ArticleRicher Sounds and SSE support new campaign to tackle low pay
Retail organisation Richer Sounds, energy business SSE and investment firm Standard Life Aberdeen have been accredited as living hours employers as part of a new initiative by the Living Wage Foundation.The Living Hours campaign, which launched this week, has been designed to tackle insecurity around employee pay and hours, and ...
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ArticleEXCLUSIVE: ActionAid employees save £22,841 through benefits platform
EXCLUSIVE: Employees at international charity ActionAid have saved approximately £22,841 since March 2018 by using the organisation’s benefits platform to access retail discounts and free products.ActionAid, which employs around 200 staff in the UK, launched the platform in March 2018, in partnership with provider Perkbox. The platform, which is designed ...
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ArticleEXCLUSIVE: A quarter provide shares or share options to staff
EXCLUSIVE: Since 2018, there has been little change when it comes to the proportion of respondents that offer shares or share options to staff, according to research by Employee Benefits.The Benefits research 2019, which canvassed the views of 290 HR professionals and was published in May 2019, found that 25% ...
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ArticleEXCLUSIVE: Almost nine in 10 employers feel responsibility to provide financial wellbeing
EXCLUSIVE: Almost nine in 10 (88%) HR and benefit professionals have stated that it is their responsibility to provide support to employees on financial wellbeing, according to research by Smarterly.Realigning the workplace savings offering to meet the needs of millennials, which surveyed 1,248 employees and 508 HR professionals in the ...
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ArticleEXCLUSIVE: Hays re-vamps benefits platform and aligns reward with new wellbeing structure
EXCLUSIVE: Recruitment organisation Hays has updated its benefits platform, introduced a new wellbeing structure to align with available benefits and launched an online employee engagement survey in order to reinvigorate and modernise its approach to benefits and reward.The business sought to update its benefits offering to reflect how the workplace ...
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ArticleDefra pilots financial education platform for 23,800 civil service employees
The Department for Environment, Food and Rural Affairs (Defra) is piloting a new financial education platform across its 23,800 civil service employees.The new platform, called the Hub and provided by Neyber, will undergo a 12-month pilot period across Defra’s group employees; this started on 20 May 2019.The Hub offers employees ...
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ArticleGoodman Masson and London City Airport shortlisted for Best financial wellbeing strategy
Finance and technology employment agency Goodman Masson and Newham-based London City Airport are among the organisations shortlisted for the Best financial wellbeing strategy, small employer category at the Employee Benefits Awards 2019.This accolade, sponsored by financial education and guidance provider Wealth at Work, recognises an employer that adopts a proactive ...
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ArticleFour in 10 mothers would work longer hours if childcare costs were lower
Almost four in 10 (38%) women with children would choose to work longer hours if childcare was cheaper, according to research by The People's Pension.Gender pensions gap: Tackling the motherhood penalty, published in May 2019, found that after having children, more than two-fifths of women (44%) reduced their hours, more ...
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ArticleTwo-fifths feel their quality of work is affected by financial worries
Two-fifths (41%) of employees believe their quality of work is affected when they are uneasy about the state of their finances, according to research by financial wellbeing provider Salary Finance.Its survey of around 10,000 UK employees also found that 77% trust their employer to treat their financial situation as confidential.Asesh ...
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ArticleAlmost half of workplaces do not have an official policy on home working
Just under half (47%) of employees' workplaces do not have an official policy on working from home, according to research by job listing website Monster.co.uk.Its survey of 5,500 employees also found that 15% are concerned about colleagues judging them for being out of the office, while 11% worry that they ...
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ArticleBT and Siemens shortlisted for Best pensions communications
Telecommunications provider BT, construction business Kier Group and technology organisation Siemens are among those shortlisted for the Best pensions communications category at this year’s Employee Benefits Awards and Summer Party.The Best pensions communications award celebrates employers that have implemented effective strategies in order to engage employees with their retirement savings ...
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ArticleEXCLUSIVE: Seven in 10 multinationals have effective global benefits strategies
EXCLUSIVE: Seven in 10 (70%) employers have effective global benefits strategies and structures, according to research by professional services firm Aon.Its Global benefits governance and operations study 2018-2019, which surveyed more than 200 multinational organisations with workforces of between 10,000 and 100,000, also found that 60% want to create a ...
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ArticleNew Zealand launches consultation to support older staff
The New Zealand government has launched a consultation on its draft strategy to better support older individuals, including encouraging the employment of those aged over 50.The Better later life: 2019 to 2034 consultation opened on 12 April 2019 and will run until 3 June 2019. Following this, the government will ...
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ArticleSky and Virgin Active shortlisted for Best financial wellbeing strategy, large employer
Utilities organisation Anglian Water, telecommunications business Sky and health club chain Virgin Active are among the organisations shortlisted for the Best financial wellbeing strategy, large employer category at the Employee Benefits Awards 2019.The award, sponsored by financial education and guidance provider Wealth at Work, recognises an employer that uses a ...
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ArticleMore than three-fifths of UK staff want more financial support from organisations
Almost three-fifths (57%) of employees believe organisations should do more to financially support their staff, according to research by workplace short-term finance provider GettaSub.Its survey of 2,000 UK employees also found that 44% think they are not getting enough support from their employer for financial advice, while 37% believe their ...
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ArticleAsda proposes new contract for hourly-paid retail staff
Supermarket retailer Asda has proposed a new contract for its hourly-paid retail employees in England, Scotland and Wales, offering to increase pay to £9 an hour but cut paid breaks.Asda has proposed the new employment contract in order to provide a standardised offering across all its retail employees in the ...