All articles by Peter Crush (1) – Page 14
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C-Suite suffers most from mental health issues
Global research looking into mental health and resilience has found it is the C-suite that is suffering the most – although all employees say they want their company to do more to support them.Data compiled by Oracle and Workplace Intelligence revealed 53% of executives are struggling with mental health issues, ...
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Dechert Wellness Week focuses on resilience
Global law firm Dechert LLP is deploying a host of mental health and resilience tools, as well as running fun activities, as part of its second annual ‘Wellbeing Week’ this week.The theme of the week – which includes offering resilience webinars and videos on mindfulness and stress management – was ...
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Research reveals top paying careers after 20 years
New research by Standout CV has unveiled the top paying careers by the time an employee reaches their 20th year in the job.Traditionally the half-way point in people’s working lives, the study revealed that it is pilots who accumulate the most cash by their 20th work anniversary - pocketing £1,132,500.Created ...
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CMAC pledges to keep online workouts
Transport solutions company, CMAC Group, has announced it will make its twice-weekly High Intensity Interval Training (HIIT) sessions a permanent fixture for staff – even after staff return to the office.The sessions were initially launched last April, as the Covid-19 (Coronavirus) pandemic first gripped the nation.But after growing in popularity ...
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Pension withdrawals continue to rise
Figures released by HMRC have revealed an alarming level of defined contribution pension withdrawals – with money accessed for Q4 up 10% on the same quarter a year earlier.The data shows 360,000 people withdrew from their defined contribution pension during October, November and December last year - up from the ...
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Pay rises down 0.3 percentage points on last year
Pay rises are down an average of 0.3% on last year, according to research published today by Incomes Data Research (IDR).The analysis of 56 new pay deals already agreed for 2021 found that almost half have either given, or are set to give, employees increases of between 2% and 2.99%.Higher-end ...
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Grampian Housing Association offers Wellbeing Day
Grampian Housing Association has announced it is giving staff a ‘wellbeing day’, initially to help them cope with the pressures of lockdown.According to Chris Mathieson, the association’s compliance, engagement and support lead, staff can use their day whenever they want – all they have to do is ensure they are ...
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Gender pay gap submissions down 50% on last year
With just 56 days to go before qualifying organisations need to submit their gender pay gap reporting, new figures have revealed that submissions are barely 50% what they were this time last year – and some are blaming confusing government advice as the reason.As of midnight on 27 January, only ...
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Financial impact of pandemic worst for low-paid workers
Research by the Trades Union Congress (TUC) into household income reductions caused by Covid-19 (Coronavirus) has revealed low-paid workers have suffered the most, with half having experience a loss of income during the pandemic, compared to 29% of high earners.Commissioned as part of its submission to government about what next ...
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Lockdown benefits ‘not fit for purpose’
New research by employee benefits provider Edenred suggests staff are dissatisfied with the level of support they are getting from their organisation – with lockdown benefits branded ‘not fit for purpose’.The research, which questioned 2,000 UK employees, found employers were seen to be falling short in the areas of reward ...
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SMEs create surge in demand for employee benefits
Results of the 2021 Employee Benefits and Workplace Satisfaction Survey from financial wellbeing provider Drewberry found that small and medium-sized enterprises (SMEs) were responsible for a huge surge in demand for new employee benefits types last year.According to the data, nearly half (47.4) introduced additional employee benefits during 2020 – ...
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Bank of America rolls out thank-you awards
A Bank of America memo has revealed staff at the organisation received enhanced pay and shares perks as a thank-you for their efforts during 2020.Coming on the back of its full-year financial results, chairman and chief executive Brian Moynihan told staff: “Teammates were called upon to address unprecedented challenges." He ...
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One-in-five employees have no flexible working options
Research by the Chartered Institute of Personnel and Development has revealed a serious lack of flexible working opportunities – leading it to call for flexibility to be a day-one right.The research finds one-in-five employees (19%) currently work in organisations that offer no flexible working options at all, while nearly a ...
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Employers found lacking in offering period support
Research by Bloody Good Period – the organisation that provides period products to refugees, asylum-seekers and others who can’t afford or access them – has revealed employers need to do more to support their menstruating staff.A survey of 3,000 people found 89% of respondents suffer some form of stress in ...
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Covid-19 causing a burnout epidemic
New data by OC Tanner has revealed that the Covid-19 (Coronavirus) pandemic is causing a different kind of global crisis – that of employee burnout.According to its 2021 Global Culture Report – which surveyed 40,000 employees – Coronavirus has increased rates of burnout by 15% globally, while it rises by ...
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Citigroup publishes 2020 pay gap results
Citigroup's latest pay-gap reporting figures showed that the bank paid women 26% less than men in 2020.As well as revealing its overall male-female pay gap, the data also found that employees from minority groups earn 6% less than non-minorities.The combined 26% gender pay gap is only a slight improvement from ...
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Stena U-turns on sick pay cuts
Ferry company Stena has bowed to pressure, announcing an improved sick pay policy for staff that substantially improves upon what was originally put forward last November.Its pre-Christmas proposal would have put workers on £95.85 per week statutory sick pay (SSP) for the first to fifth week of illness, before moving ...
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The Planet Mark appoints its first people and culture manager
The Planet Mark – provider of the internationally recognised sustainability certification standard for business – has appointed Angela Murray-Brown as its first people and culture manager.In her new role, Murray-Brown – who has a MSc in occupational and organisational psychology – will be responsible for supporting and empowering employees to ...
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Aberdeen Council completes £230m pension buy-in
Aberdeen Council has completed a £230m buy-in transaction, insuring the pension payments of 1,360 retired FirstGroup employees.According to pensions insurance specialist Rothersay, which completed the transaction, the deal is thought to be only the second local government pension scheme to secure its pension obligations through an insurance policy.Commenting on the ...
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Hachette UK narrows its gender pay gap
Hachette UK, Britain’s second-largest publishing group, has reported a small reduction in its gender pay gap.According to the organisation's just-published 2020 Gender Pay Gap Report, its mean gender pay gap improved this year dropping to 17.6% from from 18.4% in 2019.Hachette also announced that it had increased the number of ...