All articles by Peter Crush (1) – Page 5
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ArticleOver 13 million people covered by group risk schemes in 2020
The annual Swiss Re Group watch report 2021 has revealed that the number of in-force group risk policies in place grew by 3.6% during 2020 compared to 2019.This equates to a rise in the number of people covered of 150,000, taking the total number to more than 13.3 million people ...
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ArticleEXCLUSIVE: Investigo supports staff wellbeing with core-office-hours trial
Exclusive: UK recruitment agency, Investigo, has this week begun a trial to give office-based employees the ability to choose a flexible-working pattern, as long as they are available between core hours.The trial gives employees the option to work for three days in the office between 10am and 4pm, and decide ...
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ArticleHerrco Cosmetics awards staff equal share of £100,000 bonus
Suffolk-based Herrco Cosmetics has announced that all of its staff have been given a share of a £100,000 bonus pot as a thank you for all their hard work during the past twelve months.The cash award was paid to staff last Friday, in recognition of the teamwork that all of ...
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ArticleStress-related absence rocketed in 2020
Research by absence management provider e-days has revealed a shocking rise in the number of stress-related sickness days during 2020.According to the research, there was a 113% rise in stress sickness days when figures before and after the Covid-19 (coronavirus) were compared.As well as this headline figure, the data also ...
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ArticleEast Lothian Council reveals gender pay gap figures
East Lothian Council has published it annual gender pay gap report, and has revealed that the average hourly rate for male employees was £15.62 during 2020 compared to £14.90 for female staff – representing a median gender pay gap of 4.61%.Its mean gender pay gap is 3.01%, meaning that that ...
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Poll: What impact do your wellbeing initiatives have on productivity, retention and engagement?
[polldaddy poll=10798322]
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ArticlePernod Ricard appoints new CHRO
Pernod Ricard North America has promoted Lani Montoya to chief human resources (HR) officer.Montoya has spent the past 10 years with the drinks company, holding various senior HR roles. She has previously been its director of global talent management (based in Paris) and more recently was director, global talent management, ...
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ArticleBank of America increases junior banker pay
Bank of America is to give its junior bankers globally a pay boost of $10,000 (£7,290) per year and will offer them wellbeing conversations.The move is in response to a sharp rise in deal activity and comes in the face of increased competition from rival banks, which has seen Credit ...
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ArticleCall to action launched for living wage
IDH, The Sustainable Trade Initiative, has published a Call to action: Better business through better wages, demanding companies take greater steps to pay a living wage to their staff.The group, which seeks to make trade more sustainable, launched the scheme to encourage organisations and their suppliers to take action. So ...
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ArticleHealth and wellbeing benefits boost SME productivity
Research by the Association of British Insurers (ABI) has today (9 April) revealed that when small and medium-sized enterprises (SMEs) invest in health and wellbeing benefits it has a noticeable improvement in employee productivity.According to the study, three in five (60%) SMEs polled said that investing in health and wellbeing ...
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ArticleThe top 10 most-read articles between 1 April – 7 April 2021
The top 10 most-read stories on employeebenefits.co.uk between 1 April – 7 April 2021 were: Top tips to help employees create a healthy home officePWC reveals flexible working ‘Deal’ for employeesPensions changes in the new tax yearWhat will be the key issues in reward and benefits post-Budget?Reckitt Benckiser Group reveals ...
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ArticleOcean Spray hires new chief HR officer
Ocean Spray, the American agricultural cooperative of cranberries and grapefruit growers, has appointed Sarah Evans as its new chief human resources officer.Evans joins the business after nearly two decades working for brands including pest control firm Terminix, where she was vice president of HR. Previously at Walmart, she rose to ...
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ArticleRevolut staff can work abroad for two months a year
Digital banking app Revolut has said it will allow any of its 2,000 staff to work from abroad for up to two months a year.According to the company, the perk was predominantly introduced to accommodate the wishes of its substantially international workforce, who had a greater need to be able ...
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Article43% of employers with wellbeing initiatives report 'very good' productivity
The health of employees and the British economy is dependent on employers spending much more of their benefits budgets on wellbeing initiatives, according to new report.Coping after covid, produced by Westfield Health, interviewed 1,600 employees and HR leaders. It revealed that 43% of HR managers with wellbeing programmes in place ...
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ArticleTPR publishes new climate change strategy
The Pensions Regulator (TPR) has published its new Climate change strategy, calling on pensions scheme trustees to invest in companies that protect savers from climate risk or face its own enforcement action.The report follows the recent recommendation by the Department for Business, Energy and Industrial Strategy (BEIS) for mandatory climate-related ...
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ArticleDB pensions still misunderstood by members
New research released by Hymans Robertson and employee engagement organisation Like Minds on defined benefits (DB) pensions has revealed workers lack confidence about making informed decisions at retirement, with more wanting greater levels of employer support.The study – which specifically focused on DB pensions members over the age of 55 ...
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ArticleGender pay gap the same as in 2018
Initial analysis of gender pay gap reporting submissions has found that – so far – the mean wage disparity at companies in 2020 was the same as in 2018, indicating little overall improvement.The study was carried out by the Chartered Institute of Personnel and Development (CIPD), and examined all submissions ...
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ArticlePensions changes in the new tax year
A new tax year has begun and employers should make sure their payroll, and other HR systems, have been updated to meet their legal responsibilities with regard to pensions changes that have arisen.One of the key developments introduced yesterday (6 April) was the rise in national minimum wage (NMW) and ...
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ArticleReckitt Benckiser Group reveals global pay gaps
Reckitt Benckiser Group has published its gender pay report for 2020 – and for the first time it includes figures for 10 countries, covering 70% of its workforce.The findings revealed that in the UK median pay for a female employee was 6.1% ‘more’ than her male equivalent, up from the ...
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ArticleGHD hires Sadaf Parvaiz as new D&I head
Professional services company GHD has appointed Sadaf Parvaiz to the newly created role of inclusion and diversity leader.Formerly director of diversity, inclusion and belonging (Americas) at EY, her new role will see Parvaiz advance inclusion across the company’s global operations, spanning 10,000 people in more than 200 offices.Commenting on the ...