All Total reward articles – Page 93
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Article
Microsoft, Virgin Unite, Special Olympics and Ikea to deliver keynotes at Employee Benefits Reset
Technology giant Microsoft, the charitable arm of the Virgin Group, Virgin Unite, sporting organisation the Special Olympics and Swedish retailer Ikea will be the four keynote speakers for Employee Benefits Reset online series.The online series of keynotes, how-to and strategy sessions, which will run from 5 October 2020 for two ...
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Article
90% of employees would stay with an organisation if it offers remote working
Nine in 10 (90%) employees would remain with an organisation if they are offered the flexibility of remote working, according to research by Workvivo.Its survey of 1,000 UK and US employees, who have all been worked from home since the beginning of the Covid-19 (Coronavirus) pandemic, also found that three-quarters ...
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Article
L’Oreal launches second employee share ownership scheme for 88,000 employees
French cosmetics organisation L’Oreal has launched its second employee share ownership scheme.Following on from the success of its first share scheme in 2018, 88,000 global employees in 57 locations, including France and the UK, will be able to opt in to buy shares in its latest share ownership plan.Employees are ...
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Article
Employee Benefits Reset online series to explore the latest HR insights and solutions
Employee Benefits Reset online series, which will take place 5 October to 16 October 2020, will play host to a number of speakers discussing the latest trends, insights and solutions in the HR, reward and benefits industry.Up to four events will take place per day, covering the latest topics including ...
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Article
The top 10 most read stories: 20 August – 26 August
The top 10 most read stories between 20 August – 26 August were... Supreme Court rules that inheritance tax should not be applied to pension transferGett offers 1,000 employees a four day working weekSalesforce extends homeworking policy until July 2021Linklaters introduces long-term flexible working policy for 5,200 employeesUniversity of East ...
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Article
Homeserve 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 Studies
The 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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Article
British 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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Article
The 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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Article
DAZN 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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Opinion
Lovewell'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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Article
The 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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Analysis
How 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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Article
49% 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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Opinion
Scott 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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Analysis
What 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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Article
Allianz 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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Article
Facebook 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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Article
The 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 ...