All Total reward articles – Page 41
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ArticleBritish Red Cross completes £30 million pensions buy-out
Credit: Tony Baggett / Shutterstock.comBritish Red Cross has completed a £30 million buy-out deal for its pension fund and the British Red Cross Society’s Scottish branch retirement benefits scheme.The transaction with Aviva will insure the defined benefit liabilities for around 360 members across both schemes, and removes the investment and ...
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Article59% of British workers feel unhappy with their benefits packages
Almost six in 10 (59%) British workers feel unhappy, dissatisfied, highly dissatisfied or neutral with their benefits packages, according to new research.Conducted by global talent services firm Morgan McKinley as part of its 2024 Salary guide, the survey found that the top five desired benefits respondents look for in a ...
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ArticleRare Restaurants introduces discounted childcare for employees
Rare Restaurants, the hospitality group that owns Gaucho and M Restaurants, has provided discounted childcare for its employees as part of its benefits package.Rare Restaurants has 14 restaurants in London and eight across the UK, located in Leeds, Manchester, Cardiff, Birmingham, Liverpool, Newcastle, Edinburgh and Glasgow.Through a partnership with nursery ...
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ArticleATPI Group hires new UK HR manager
Global travel management and events firm ATPI Group has appointed Amanda Killick as its new UK HR manager as part of its ongoing commitment to foster a diverse and talented workforce.In her new role, Killick will implement the group’s global, people-first strategy and tailor it for the UK region. This ...
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ArticleThe top 10 most-read articles between 13 - 19 October 2023
The top 10 most-read articles on employeebenefits.co.uk between 13 - 19 October 2023 were: Tribunal rules Starling Bank must pay £1.1m following health-related dismissalGo North East bus workers continue strike over pay rowThe Co-Operative Bank introduces free period products for staffEmployee Benefits Live 2023 speaker slidesExclusive: Vertas Group introduces staff ...
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ArticleCottesmore School appoints AI principal headteacher
Something for the weekend: West Sussex private boarding school Cottesmore School has appointed an artificial intelligence (AI) bot principal headteacher.Don’t worry, you haven’t stepped into an episode of Black Mirror! The school worked with an AI developer to create Abigail Bailey, a bot to assist its human headteacher, Tom Rogerson.Abigail ...
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ArticleSainsbury’s commits to workplace menopause policy
Credit: Alex Yeung / Shutterstock.comSupermarket Sainsbury’s has committed to establishing a workplace menopause policy.The retailer has partnered with GenM, which was created to encourage businesses to recognise and respond to perimenopausal and menopausal womens' needs by co-founders Heather Jackson and Sam Simister. Its aim is to unite brands and organisations ...
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ArticleMatches names new chief people officer
Fashion retailer Matches has appointed Clare Bishop chief people officer.With more than 17 years of experience in senior roles across human resources, Bishop has experience in high-growth organisations.She joins Matches from Greystar International, where she held the role of managing director, people, Europe. Prior to this, Bishop worked for organisations ...
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Case StudiesKingfisher provides benefits security through bulk annuity purchase
Credit: ClimbWhenReady / ShutterstockIn the UK, home improvement firm Kingfisher's pension provision comprises a closed final salary section, with 28,000 deferred and pensioner members, and an open money purchase section, with 70,000 active and deferred members.The firm, which includes brands such as B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçta?, ...
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AnalysisHow to conduct a pensions buy-in
A buy-in is a contract between a defined benefit pension scheme and an employer that removes longevity, market, interest and inflation risks.The parties involved include a sponsoring employer, a scheme trustee, advisers to the trustees and the insurer.If it looks like funding levels are affordable for the scheme against current ...
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ArticleThe Co-Operative Bank introduces free period products for staff
The Co-Operative Bank has introduced free period products to its UK sites in order to break down the stigma that surrounds periods.As part of a new partnership with sustainable period product business Grace and Green, employees at the bank will be able to access free period products throughout all its ...
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ArticleReboot Online introduces nomad working policy
London-based search engine optimisation agency Reboot Online has launched its nomad working policy abroad in recognition of the evolving work landscape and to offer its more than 40 employees greater flexibility.Through the policy, employees at Reboot will be given the autonomy to work from any location of their choosing, including ...
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ArticleCanopius hires new head of equality, diversity and inclusion
Global specialty reinsurer Canopius has appointed Lucy Bennett as its new head of equality, diversity and inclusion (EDI) with immediate effect.Reporting to Ceri Royal, head of HR, business partnering and organisational development, Bennett’s new role will involve having responsibility for elevating Canopius’ EDI programme as it works towards the goals ...
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ArticleEmployee Benefits Live 2023 speaker slides
Where speakers have given approval, we have uploaded the slides for the keynote and conference sessions at Employee Benefits Live 2023, which took place on 3 October 2023 at ExCeL London.Thank you very much to all of the speakers for sharing their ideas, experiences and insights.Keynote speakersKN1: Inclusive HRBernadette Thompson ...
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ArticleThe top 10 most-read articles between 6 - 12 October 2023
The top 10 most-read articles on employeebenefits.co.uk between 6 - 12 October 2023 were: Amazon increases UK minimum starting payMerck launches fertility benefit programmeExclusive: Unum UK enhances pregnancy loss support85% of employers plan to further enhance their benefits packagesExclusive: Vivup introduces family care benefit83% of employers have seen a rise ...
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Article58% will go to the office if amenities are worth more than commute cost
Almost six in 10 (58%) employees will only go to the office full-time if amenities such as gym memberships, massages, free food and drinks are worth more than the cost of the commute, according to new research.A Yonder survey of more than 2,000 British adults commissioned by design and architecture ...
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ArticlePitchup launches bikes-for-work scheme for staff
Pitchup, an online booking site for UK and Europe outdoor holidays, has introduced a tax-free bikes-for-work scheme for its employees.Provided by Gogeta, the new cycling platform will allow Pitchup’s more than 50 employees to apply for and buy bicycles such as road bikes, cargo and e-bikes, as well as cycling ...
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ArticleJägermeister and Virgin Atlantic among UK’s Most Loved Workplaces 2023
Alcohol brand Jägermeister, travel firm Virgin Atlantic and Zopa Bank have been named as some of the UK’s Top 100 Most Loved Workplaces 2023.The list is put together by Newsweek in collaboration with leadership development and benchmark research organisation Best Practice Institute (BPI) after surveying more than 600,000 employees at ...
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ArticleForth Ports promotes Michelle Primrose to chief people officer
Ports group Forth Ports has promoted Michelle Primrose to the newly created role of chief people officer and has welcomed her to its executive board.In her new role, Primrose will continue to focus on and have responsibility for a workforce of 1,300 employees across the group’s eight ports, who it ...
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Article44% of employers published their ethnicity pay gap in 2023
The number of employers publishing their ethnicity pay gap has increased from 30% in 2020 to 44% in 2023, according to new research.Business in the Community’s 2023 Race at work charter survey sought the views of nearly 250 UK employers, representing 1.2 million UK employees.It found no change in the ...