All Total reward articles – Page 95
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Article
NFP acquires employee benefits consultancy Johnson Fleming
New York insurance broker and consultant NFP has announced the acquisition of employee benefits service Johnson Fleming Group Limited and Johnson Fleming Future Life Planning Limited (Johnson Fleming).The acquisition of Johnson Fleming, which was announced 20 April 2020, increases the presence of NFP in the UK. Johnson Fleming is already ...
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Article
The top 10 most read stories: 9 April - 15 April 2020
The top 10 most read stories between 9 April and 15 April 2020 were: Kuehne and Nagel to furlough 13,000 employees on a minimum of 90% pay27,000 Porsche employees receive profit-sharing bonusTPR publishes pension guidance for employers during Co Daily Mail and General Trust offers 2,400 employees shares to avoid ...
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Article
The tax and legislation changes impacting reward from April 2020
With the arrival of the new tax year, new measures impacting pay and benefits are set to come into effect. Below is a round-up of these measures, along with other tax and legislation changes, that employers need to be aware of from 6 April 2020:The national living wage has increased ...
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Article
Half of employers believe Covid-19 will help see value in flexible working
Employee Benefits poll: Just under half (48%) of employers believe that the Covid-19 (Coronavirus) pandemic will make more employers see the value of flexibility.A poll of www.employeebenefits.co.uk readers, which received 69 responses, found that the vast majority of employees feel that Coronavirus will impact employers' thoughts on flexible working in ...
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Article
The top 10 most read stories: 26 March - 1 April 2020
The top 10 most read stories between 26 March and 1 April 2020 were: Government to allow employees to carry over annual leave for two yearsUK businesses come together to offer perks to front-line NHS employeesKing George and Queens Hospitals pay outsourced NHS staff living wageAldi rewards store and distribution ...
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Article
UK businesses come together to offer perks to front-line NHS employees
Something for the weekend: Businesses across the UK have come together to offer discounts and perks to NHS staff, as a show of solidarity and support for those on the front line in the battle against Covid-19 (Coronavirus).Wedding dress retailer Pronovias has stated that brides-to-be among NHS employees should have ...
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Article
The top 10 most read stories: 19 - 25 March 2020
The top 10 most read stories between 19 and 25 March 2020 were: Government will pay 80% of wages for staff unable to work due to CoronavirusNPS fails to submit pay increases before 2020 deadlineWilko pushes back sick pay changes due to Coronavirus pandemicJCB employees to receive full pay during ...
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Article
Two-fifths of those offered 'pawternity' benefits agree they boost productivity
Two-fifths(41%) of employees who are offered time off to take care of new pets, or 'pawternity', agree that they are more productive as a result, according to research by Flexioffices.The research, which surveyed 2,000 UK employees in January 2020, also found that 41% of those employees able to access yoga ...
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Case Studies
Aster balances cost with value to create wide-reaching benefits package
Among the 1,300 members of staff employed by housing association Aster, jobs span from typical head office functions, through to 400 remote trade roles. This diverse workforce has widely varied needs, from the benefits on offer to communications, engagement and awareness.Variety, choice and flexibility are, therefore, key. Holly Coe, head ...
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Analysis
How to build an attractive benefits package on a budget
Need to know:Although flexibility and choice are important, there are some low-cost, go-to starting points, such as employee assistance programmes (EAPs).It can be worth investing in slightly more expensive products or platforms, to derive the best value in the long run.Communication, packaging and position are just as important as having ...
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Article
IWGB launches dispute with Bolt over employment status and unfair dismissal
The Independent Workers' Union of Great Britain (IWGB) has launched a claim against transportation organisation Bolt, concerning an employment status and dismissal dispute.The claimant, Andrei Donisa, a member of the IWGB’s United Private Hire Drivers (UPHD) branch, was recently dismissed by Bolt without notice, according to the trade union.Donisa was ...
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Article
Wren Kitchens, HMV and Selfridges listed among top UK retail employers
Kitchen manufacturer Wren Kitchens, music and film retailer HMV and department store chain Selfridges have been listed among the top UK retail employers to work for in 2020.The list, determined by job listing site Indeed based on reviews by its visitors from February 2019 to February 2020, comprises the top ...
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Article
Innovative organisations ask employees to get their hands on the merchandise
Something for the weekend: Employee perks are fast becoming a deal-breaker when it comes to attracting, and keeping, a talented and engaged workforce. There are many methods of creating an attractive package, but some organisations have chosen to engage staff with the business by directly incorporating their brand into their ...
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Article
The top 10 most read stories: 5 - 11 March 2020
The top 10 most-read stories between 5 March and 11 March 2020 were: Wilko abolishes sick pay for retail and distribution staff of less than a yearGovernment to introduce neonatal pay and leave entitlements for working parentsBoris Johnson announces day-one statutory sick pay to tackle CoronavirusAon to merge with Willis ...
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Article
How will the Spring Budget 2020 affect pay and benefits?
Chancellor of the Exchequer Rishi Sunak delivered the Spring Budget speech to the House of Commons on Wednesday 11 March 2020. Below is a summary of the key announcements that could impact pay and benefits strategies:National insurance contribution threshold to rise to £9,500 from April 2020National living wage projected to ...
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Supplier article
Tailoring your Reward and Recognition Scheme
In one of the more memorable episodes of the TV series Mad Men, the hardworking copywriter Peggy is close to tears. She tells her boss Don Draper that he doesn't appreciate her efforts. "You never say thank you," she says.“That’s what the money is for,” he replies.The scene reveals that ...
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Article
French court concludes Uber drivers should gain employee status
In a ruling made on 4 March 2020, France's Court of Cassation reclassified the contractual relationship between drivers and ride hailing organisation Uber, giving them the right to be seen not as self-employed workers, but employees.In the case, Uber argued that drivers remain free to decide whether to connect to ...
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Article
The top 10 most read stories: 27 February - 4 March 2020
The top 10 most read stories between 27 February and 4 March 2020 were: Government publishes review of implementation of IR35 off-payroll rulesKyocera commits to workplace mental health through new training courseEXCLUSIVE: British Airways aligns customer and employee experience strategiesSouth Western Railway agrees 2.6% pay increaseAlmost three-quarters of UK employees ...
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Article
Downtown Alliance calls for urban adventurer to live rent-free in New York
Something for the weekend: Non-profit business improvement organisation Downtown Alliance is on the hunt for a social influencer and urban explorer to live in and experience Lower Manhattan.In addition to a wage of $2,250 (£1,742.19) per fortnight, for many the main benefit will be the chance to live rent-free in ...
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Case Studies
The benefits offered by Barratt Developments
The benefits offered by Barratt Developments:Pensions and protectionA trust-based defined contribution (DC) pension for all employees. Employees contribute 5% for a 10% employer contribution.Employer-funded group income protection for management-level employees.Life insurance for all employees, provided on an employer-funded basis.Employer-funded personal accident insurance for all employees.Pay and share schemesAn annual bonus ...