All Total reward articles – Page 102
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ArticleEdelman offers paid 'time-out' days to support staff through menopause
The UK & Ireland arm of global PR, firm, Edelman, has announced it is to offer 10 fully-paid ‘time-out’ days for anyone needing respite from the impacts of the menopause.The perk – which was announced late last week – does not just give women paid time off, but also extends ...
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ArticleCambridge University becomes a living wage employer
Cambridge University is now an accredited living wage employer, with its new ‘Living Wage Commitment’ meaning staff at the historic academic institution will receive a minimum hourly pay rate of £9.50 in the UK or £10.85 in London.Eilís Ferran, pro-vice-chancellor at University of Cambridge, said: “University of Cambridge staff are ...
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ArticleUnilever promises all suppliers will pay a living wage by 2030
British multinational consumer goods organisation Unilever has pledged all of its suppliers will pay their employees a living wage by the end of the decade.The commitment, unveiled as part of a wider renewal of its social responsibility standards, will see the business insist that all workers of companies in its ...
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Case Studies
Reinventing benefits: Future of Work in numbers
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ArticleWalker Sime promotes Caroline Bacon to director of people and culture
Manchester-based construction company Walker Sime has promoted Caroline Bacon to director of people and culture.Overseeing more than 80 employees, Bacon will be tasked with leading the creation of a new business growth strategy based around its people values. She has been with the company since 1999, holding various administrative and ...
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ArticleEmployees urged to report forced unpaid leave for home working
City workers are being urged to confront the emerging practice of being threatened with unpaid leave for refusing to travel to the office during the national lockdown.The City of London Corporation is calling on staff in the Square Mile to send it an anonymous complaint if they feel bosses are ...
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ArticleFurlough forces millions to delay retirement plans
Millions of workers face delayed retirement due to being put on furlough and its impact on pay, according to a study by investment firm Fidelity International.The research found that nearly four-in-10 workers surveyed (38%), have said they will have to put back their retirement date by around two-and-a-half years.According to ...
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AnalysisCan employers truly future-proof a benefits strategy?
Need to know:The pandemic has forced organisations to re-evaluate their benefits strategy.Future schemes are likely to include elements around health and financial awareness.Wider societal trends should also be factored into any futureproofing strategy.It is fair to say that 2020 presented its share of unexpected events. Even with the best planning, ...
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Case StudiesUniversity of Lincoln adapts benefits strategy in order to provide valued rewards
For the employee benefits team at the University of Lincoln, the arrival of Covid-19 meant having to react quickly to ensure its benefits offering remained viable and relevant.A number of benefits were put on the back burner, including its car purchase scheme and discounts around season tickets, staff parking, holidays, ...
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OpinionKsenia Zheltoukhova: 2021 could bring an opportunity to reset benefits strategies
This is the year to carefully consider the psychology of employee benefits: having experienced fundamental shocks to their lives, people will be re-evaluating what matters to them, and how work fits in. This is an opportunity for employers to listen to their staff to understand what is of value to ...
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ArticleEmployment tribunal rejects Ryanair’s case for removing striking pilots' benefits
Low-cost airline Ryanair has had its defence for removing benefits from 29 striking pilots thrown out by the Employment Tribunal.The pilots, with the help of The British Airline Pilots Association (BALPA), brought action against the employer after claiming that had their travel benefits removed in ‘retaliation’ for striking during the ...
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ArticleKavitha Sivasubramaniam: Preparing for future challenges
As our Future of Work Week, in association with Aon, draws to a close, it is time to reflect on some of the trends and issues currently shaping employers’ strategies in this area.Ensuring benefits provisions are fit for the future has long been on the agenda for many employers. However, ...
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OpinionColin Barnes: Employee benefits: Adapting to the future of work, today
There is no doubt 2020 will be a year to remember. It was fraught with difficulties and challenges, and for many bereavement. But, at the same time, the Covid-19 (Coronavirus) pandemic has also brought about a seismic shift in how we operate and function as a society.It has accelerated technology ...
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OpinionLovewell's logic: Farewell for now!
It feels a little strange to say during the second week of January, but I’ve officially reached the end of my working year. This blog will be my last (for a while) as, from next week, I’ll be heading off on maternity leave.Pregnancy during a pandemic has certainly been a ...
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ArticleThe top 10 most-read articles between 7 January – 13 January 2021
The top 10 most-read stories on employeebenefits.co.uk between 7 January – 13 January 2021 were: EXCLUSIVE: Heineken UK launches workplace savings tool for staffGarmin introduces health and wellbeing app for 800 employeesGerald Eve builds holistic benefits strategy that supports all areas of employee wellbeingB&M rewards 30,000 employees with a week’s ...
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OpinionStephen Morrall and Hannah Solel: Improved benefits for gig workers may become the new norm
The big players in the gig economy, such as Uber, Addison Lee, Citisprint and Pimlico Plumbers, provide a system of working for thousands of people that some think is flexible and forward-looking, but others regard as insecure and exploitative.Certainly, organisations such as these have tried their level best to argue ...
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ArticleThe top 10 most-read articles between 31 December - 6 January 2021
The top 10 most-read stories on employeebenefits.co.uk between 31 December - 6 January 2021 were: EXCLUSIVE: Snowflake launches behavioural health app to support employees’ mental healthUK’s highest paying jobs in 2020 revealedTUC urges employers to furlough parents affected by school closuresGender pay gap is widest for those aged over 50Stephanie ...
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Case StudiesThe benefits offered by Gerald Eve
The benefits offered by Gerald Eve:PensionsGroup self-invested personal pension (Sipp), open to all employees. The employer will match contributions from 4.5% to 6%.Healthcare and group riskPrivate medical insurance: employer-paid for all employees, with the option to add dependants at emloyee's own cost.Life assurance.Group income protection: employer-paid for all employees.Dental insurance: ...
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ArticleStephanie Houston: What lessons can employers learn from 2020 for reward strategies in 2021?
Across the globe, seismic shifts continue to take place in the workplace. Not only are employers reimagining business models and company values in response to the current climate, but employees, having been exposed to new ways of working, are paying even closer attention to the benefits provided by their employers. ...
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ArticleJosephina Smith: What lessons can employers learn from 2020 for reward strategies in 2021?
As the uncertainty of life beyond the pandemic continues to unfold, predicting the reality of reward strategies in 2021 may not need a crystal ball, but the ability to separate reality from rhetoric.I have learnt from many years supporting organisations with transforming reward functions and consulting on strategy, policy and ...