All Total reward articles – Page 91
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ArticleHomeserve signs Race at Work charter to improve workplace equality
Emergency repairs and improvements organisation Homeserve has signed the Race at Work charter, committing to address the issues that ethnic minority employees face in the workplace.The race charter, which has been developed in partnership with the UK government and business outreach charity Business in the Community (BITC), has set out ...
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Case StudiesThe benefits offered by Natwest Group
The benefits offered by Natwest Group (previously RBS Group):PensionTrust-based defined contribution (DC) pension scheme; employees are awarded 10% of their salary as pension funding.Save More Tomorrow initiative which automatically increases pensions contributions by 1% each year.Defined benefit (DB) pension, closed to new members.Group risk and protectionDisability cover, through the flexible ...
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ArticleBritish Arab Commercial Bank appoints Chris Dunford as chief people officer
British Arab Commercial Bank (BACB) has hired Chris Dunford as the new chief people officer.Before taking on this new role ar BACB, Dunford spent four months as an interim HR director for the bank. Dunford will be responsible for delivering BACB’s people strategy, seeking to improve the businesses core values, ...
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ArticleThe top 10 most read stories: 13 August – 19 August
The top ten most read stories between 13 August – 19 August were: Schroders introduces permanent flexible working policy for 5,000 global employeesBakkavor provides full sick pay for 1,600 employeesSiemens completes £530 million pensions buy-in transactionInverclyde Council introduces £125,000 local furlough schemeAdmiral awards shares worth £1,800 to 10,000 employees49% of ...
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ArticleDAZN appoints Shaun Conning as chief people officer
Sports streaming service DAZN has hired Shaun Conning as the new chief people officer.In his new role, Conning will manage the organisations' HR and people functions and lead its global people strategy. He will also foster diversity, inclusion, creativity and innovation.Conning comes from an HR, commercial and operations background and ...
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OpinionLovewell's logic: What does the current jobs market mean for benefits?
What a week it has been; in the space of just seven days, Office for National Statistics’ figures reported 730,000 fewer individuals are on payrolls since March 2020 and the UK economy officially entered recession.For the hundreds of thousands of individuals that have entered the UK jobs market, competition for ...
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ArticleThe top 10 most read stories: 6 August - 12 August
The top 10 most read stories between 6 August - 12 August were: Uber and Metro Bank extend remote working policies to 202187% would stay at an organisation if it commits to employee wellbeingWilliam Hill to repay government £24 million in furlough costsClifford Chance and Linklaters reduce pay for newly ...
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Case Studies
Infographic: Total reward during the Covid-19 pandemic
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AnalysisHow will employers' reward strategies change when furloughed employees return to work?
Need to know:Organisations can instill confidence by reminding employees of benefits available in a total reward statement.Flexible pay options could help with financial stress when employees are returning to work. Creating a hazard pay benefit can give employees greater confidence.By August 2020, HM Revenue and Customs (HMRC) reported 1.2 million ...
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Article49% of employees believe pay should be based on ability not location
Just under half (49%) of employees believe that pay and benefits should be based on ability regardless of where an employee is based, according to research by Remote.The research published in August 2020, which surveyed 764 employees, also found that almost a third (30%) believe that pay and benefits should ...
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OpinionScott Cawood: Investing in post-pandemic workforces through total reward
As we trend toward the recovery phases of the economic meltdown triggered by Covid-19, people will begin returning to their workplaces. Many organisations will welcome back furloughed workers. The workforce we had prior to the pandemic will not be the same that returns. The pure mental and physical fatigue that ...
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AnalysisWhat will the workplace of the future mean for reward strategies?
Need to know:The Covid-19 (Coronavirus) pandemic has tipped flexible working into the mainstream for the first time and office environments may never be the same again.We are likely to arrive at a middle ground, where office workers enjoy a combination of working from home and office days.In the aftermath of ...
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ArticleAllianz Holdings appoints Julie Harrison as chief HR officer
Allianz Holdings has appointed Julie Harrison as the businesses chief HR officer.Harrison, who will report to Jon Dye, chief executive at Allianz Holdings, will lead the HR function across the business.Before transferring to the UK division, Harrison held the position of chief HR officer at Allianz Asia Pacific based in ...
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ArticleFacebook extends remote working policy until July 2021
Technology giant Facebook has extended its remote working policy until July 2021 for all of its 52,534 US employees.The enhanced policy allows employees to take their time to return to the offices, when they are open, by giving them the option to remain working-from-home either full or part-time until 30 ...
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ArticleThe top 10 most read stories: 30 July – 5 August 2020
The most-read stories on Employee Benefits from 30 July - 5 August 2020 were... Furloughed employees to receive full pay if made redundantAmazon rewards front-line employees with appreciation bonusCity Sprint couriers win worker status and holiday pay benefitsBarclays, Sky and Royal Mail recognised as top employers for womenGovernment publishes further ...
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ArticleEmployee Benefits Live 2020 moves to October 2021
Employee Benefits Live 2020, which was due to take place on 6-7 October 2020, has been postponed until 2021 due to the Covid-19 (Coronavirus) pandemic.The event, in its 22nd year, will now take place Tuesday 12 October and Wednesday 13 October 2021 at ExCeL London.The difficult decision was based on ...
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ArticleEmployee Benefits Awards 2020 to take place online
The Employee Benefits Awards 2020 ceremony will take place online this year.The shortlist of finalists will be announced on 3 September 2020, followed by the live ceremony on 29 October 2020.The Employee Benefits Awards is the must-attend annual celebration that recognises the talent and innovation from the reward and benefits ...
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ArticleThe top 10 most read stories: 23 July – 29 July 2020
The most read stories on Employee Benefits from 23 July - 29 July 2020 were... KPMG to consult on pension contribution cuts44% of employees are more efficient working from homeSantander UK offers menopause support programme to 23,500 staff47% of businesses do not offer any employee benefitsVodafone completes DC pension transfer ...
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ArticleJohn Lewis hires Nikki Humphrey as people executive director
High-end department store John Lewis has appointed Nikki Humphrey as its new people executive director.Humphrey will sit on the partnership's executive team, replacing Tracey Killen, who retired from a 38-year career at the organisation.Humphrey will be responsible for developing and delivering a people strategy for John Lewis's 80,000 partners.Humphrey has ...
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ArticleBarclays, Sky and Royal Mail recognised as top employers for women
Barclays (pictured), Sky and Royal Mail are just three of the organisations that have been recognised in The Times' Top 50 Employers for Women list, compiled by the broadsheet and business community outreach charity Business in the Community (BITC).In its tenth year, the unranked alphabetical list credits organisations that have ...