All articles by Rebecca Patton – Page 17
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PruHealth launches online mental wellbeing tools
PruHealth has launched online mental wellbeing tools as part of its Vitality wellness programme.Employees can undertake four online assessments looking at stress, psychological wellbeing, resilience and social support to give a complete picture of their emotional and mental wellbeing.There is free access to support provided by Living Life which includes ...
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Pay continues to be squeezed
Pay packets will continue to be squeezed at 1.6%, according to research by the Chartered Institute of Personnel and Development.The CIPD Labour market outlook survey found that average basic pay award predictions for public sector employees of 0.2% continue to fall behind the private sector predictions of 2.5%.The report also ...
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UK workers giving away £157 billion in unpaid overtime
Each week one in ten British workers are fitting in a week of unpaid overtime into the working week, according to research by Travelodge.The study found that the cost of this overtime is £157 billion and it is leading to stress in the workforce, with 66% of respondents saying their ...
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The cost of a cuppa, how tea improves staff performance
The tea break is a common occurrence in businesses across the UK, but is it worth the cost?Research into the financial impact of offering tea and coffee facilities to employees by Leeds University Business School has found that on average UK firms are spending £276.53 per year with the cost ...
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iGlobalWellness launches new programme
iGlobalWellness has launched a new health and wellness programme Personal Wellness - Sustainable You.The corporate health and wellness programme provider developed the programme as a next step on from its Stay Active Challenge corporate team event and is aimed at encouraging employees to get active during 2012.It is a 12-month ...
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Pensions will not fund retirement, say 44% of Brits
For 44% of British adults a pension is not expected to be the way they fund their retirement, according to research by international investment management firm Baring Asset Management (Barings).The study found that 29% of the respondents are planning on using property and 29% plan to use cash to fund ...
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Third of Scottish employment tribunal cases relate to equal pay
Over a third of all Scottish cases that are referred to the Employment Tribunal are related to equal pay, according to figures by HM Courts and Tribunal Service.The figures show that 10,000 cases were brought before the tribunal relating to issues of equal pay. The data was released following a ...
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Flexible benefits a popular choice
Flexible benefits schemes are increasing in popularity with 62% of employers offering a flexible benefits package and 21% planning to do so in the future, according to research by Aon Hewitt.The global human resources consultancy’s Benefits administration survey 2012 also found that 60% of respondents are outsourcing the administration of ...
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Mercer appointed to PPF panel
Mercer has been appointed to form part of the Pension Protection Fund (PPF) Specialist Administration Services Panel.The panel will take responsibility for administration services for all schemes entering the PPF. Eight companies have been selected to make up the panel.The Pension Protection Fund was set up to pay compensation to ...
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Age UK achieves Pensions Quality Mark
Age UK has been awarded the Pension Quality Mark for its defined contribution (DC) pension scheme which covers 1,050 of the charity’s employees.The mark was established by the National Association of Pension Funds in 2009 to acknowledge employers which provide good-quality DC staff pensions. To date, 157 organisations have been ...
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Mercer Marsh Benefits launches benefits website for SMEs
Employee benefits consultancy Mercer Marsh Benefits has launched a benefits website for small and medium-sized enterprises (SMEs).The website, Elect, offers access to a range of employee benefits, including: pensions, healthcare, income protection and group life cover.†Employees also have access to Mercer Marsh Benefits’ team of benefits advisers.Donna Briggs, principal in ...
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Employees should be auto-enrolled into financial protection schemes
Almost half (43%) of respondents said that employees should be auto-enrolled into a scheme that offers financial protection in the event of long-term illness, according to research by Aviva.Its Group risk survey, which polled 1,000 British adults and 500 employers, found that 22% of employer respondents said they do not ...
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C Brewer and Sons appoints fiduciary manager for pension schemes
C Brewer and Sons has appointed a fiduciary manager for its defined benefit (DB) and defined contribution (DC) pension schemes.The painting and decorating supplier has chosen global fiduciary management firm SEI to implement asset and liability-matching strategies, develop an efficient investment portfolio, and select and replace managers to run the ...
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Staffcare and LCP enter into partnership agreement
Staffcare and LCP have entered into a partnership agreement to help employers prepare their flexible benefits schemes for auto-enrolment.LCP, part of the Alexander Forbes group, will offer Staffcare's benefits administration and communication software to its employer clients, with a particular emphasis on flexible benefits and auto-enrolment.The firm will also use ...
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New Zealand's athletes receive a Marmite-y reward
Offering rewards for a job well done and to motivate staff are common in many workplaces, and it would seem the Olympic Village is no exception.New Zealand’s Olympic-medal winners are being rewarded by Kiwi supermarket chain Pak ‘n’ Save with jars of Marmite.The bronze-medal winning New Zealand eventing team dropped ...
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PWC to begin auto-enrolment communications to staff
EXCLUSIVE: PricewaterhouseCoopers (PWC) is to embark on its auto-enrolment communications strategy by issung a guide to its 15,000 employees.The guide, which will be emailed to staff in the first two weeks of August, will detail the options available under auto-enrolment.These include joining the firm’s existing group personal pension (GPP) plan, ...
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National Grid launches employee assistance programme
Utility firm National Grid has launched an employee assistance programme (EAP) for its 9,000 UK staff.The EAP will be provided by Workplace Wellness, which is part of talent and career management firm Right Management.Andy Buxton, health and wellbeing manager at National Grid, said: “We are happy to be working with ...
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73% of respondents believe executive pay is too high
Almost three-quarters (73%) of non-executive directors believe that executive remuneration is too high, according to research by Hay Group.The research, The trouble with executive pay: insights into executive reward from the directors responsible for setting it, was conducted among 60 non-executive directors on FTSE 350 remuneration committees.†It found that 87% ...
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Selecta outsources fleet management
Vending operator Selecta UK and Ireland has outsourced its fleet management.The service, which will be provided by Leasedrive, is a four-year contract that will cover company cars.It is a move from a multi-provider model, and will provide contract hire, service, maintenance and repair, accident management and short-term rental.Wayne Millward, fleet ...
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Home Group launches salary sacrifice car scheme
Home Group has launched a salary sacrifice car scheme for its 3,350 UK employees.The social housing firm is currently phasing out the use of company cars and bringing in cash allowances. Some employees are expected to use their cash allowance to select a new car through the scheme, which is ...