All articles by Tynan Barton – Page 2
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Article
Exclusive: Communication and transparency were key to Merlin Entertainment’s global benefits review
Employee Benefits Live 2024: Sharing knowledge, ideas and budget plans are key to a successful benefits review, said Janet Mckenzie, group head of reward at Merlin Entertainments. Addressing delegates at the closing keynote on day one of the conference in a session titled Unknotting your global benefits tangle, Mckenzie discussed ...
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Article
TPR and FCA given regulatory powers to enforce Value for Money framework
The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) will have a full range of regulatory powers
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Article
Spring Budget 2024: Chancellor announces new requirements for DC pension schemes
Jeremy Hunt, chancellor of the exchequer, has announced plans for new requirements for defined contribution (DC) schemes.
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Case Studies
Podcast: Scania makes employee health a focal point in its benefits strategy
Listen: At transport solution provider, Scania Great Britain, one of its main reward focal points is to ensure that the benefits it provides offer value and support to its workforce. Clare Booth, people and culture director for Scania Great Britain, explains how the organsiation has promoted its family-friendly benefits to ...
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Sponsored Content
Magnus Kauders: Common problems with occupational health and how to avoid them
Working with occupational health can sometimes be a frustrating experience for benefits and HR professionals. Concerns around responsiveness, poor integration with other benefits and fallout from cases going wrong can have a big impact on business performance. Incorrect billing and invoicing can be big headaches too. Sometimes ...
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Opinion
Confessions of a benefits manager: Candid looks into pay transparency
Although the EU pay transparency regulations don’t yet come into force, I am conscious we will have a great deal to do to prepare. To get up to speed on the latest, I register for a masterclass webinar held by our advisers, Smarmy Consultants. I am working ...
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Opinion
Karen Hartmann: How can employers incorporate family life into the workplace?
Business reaps rewards with family-friendly policies and more women at work.The good news is that the growing proportion of women in the labour force since 2019 has added around $1.5 trillion to global income, according to Moody’s published research.The disappointing news is that despite progress in recent decades, the participation ...
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Opinion
Charlotte Watmore: How can employers incorporate family life into the workplace?
At Wates, we reimagine places for people to thrive and that applies as much to our workplaces and employees as it does to the buildings we create.As the UK’s leading family-owned development, building, and property maintenance company, it is important to us that our family values are reflected in how ...
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Opinion
Rachel Gothard: How can employers incorporate family life into the workplace?
Supporting our colleagues' family lives is a cornerstone of our values at Meallmore. We understand that fostering a balanced and inclusive work environment not only benefits our employees but also enhances the quality of care we provide to our residents.This commitment was recently reflected in our celebration of a successful ...
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Opinion
Nigel Peaple: What does the new government's reform agenda mean for UK pension schemes?
The government’s pensions reform agenda could reshape the rewards and benefits landscape, presenting both opportunities and challenges for employers. So, what could this mean for the UK workforce? The newly announced pensions review presents an opportunity to improve pension adequacy. Likely to be considered during 2025, employers ...
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Opinion
Confessions of a benefits manager: Candid reviews the reward strategy
It is always the way when Big Bad Boss comes back from a seminar; he gets a rush of enthusiasm for making changes. Well, not so much for making them, but for making me make them. This time he wants me to review the reward strategy. Now as it happens, ...
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Case Studies
Podcast: Vagabond Wines ensures its benefits proposition supports a culture of community
At a glance Vagabond Wines is a hospitality business that provides a wide range of wine to taste and discover alongside a wide selection of food. Typical job roles range from wine advisors to chefs, hospitality managers and a full central service provision. It has 155 employees, with average ages ...
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Case Studies
The benefits offered by Vagabond Wines
The benefits on offer at Vagabond Wines: Pension A master trust pensions scheme with Cushon. Employer contribution is 3%. Group risk Critical illness insurance, employer paid, for all employees. Healthcare and wellbeing A health cash plan with Medicash, employer paid, for all ...
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Opinion
Samantha O'Sullivan: Employers need to prepare for P11D changes
It is no surprise the government is mandating the payrolling of benefits in kind (BIK) and expenses, with paper P11D submissions being abolished in April 2023. However, mandating payrolling of BIKs was introduced by a previous government; will Labour agree and pursue an implementation date of April 2026?Employers need to ...
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Article
Unite launches campaign for fair pay and fair tips for hospitality staff
Unite the union has launched a campaign to ensure hospitality workers receive fair pay and fair tips.The campaign will focus on ensuring that employees in the hospitality sector understand their rights and have the support and tools they need to collectively enforce those rights.Unite’s campaign will focus on: fair pay ...
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Article
National living wage to increase in line with median earnings
An extension of the national living wage (NLW) to all adults should be phased in year by year and the NLW rate should rise at least in line with median earnings after the government updated the Low Pay Commission’s (LPC) remit.In a written statement to Parliament, business secretary Jonathan Reynolds ...
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Article
Cost of staff sickness up £30 billion since 2018
The annual hidden cost to employers of staff sickness has increased by £30 billion since 2018, according to research by the Institute for Public Policy Research (IPPR).Its Health industry, prosperous economy report found that £25 billion of the increase is down to lower productivity from people working through sickness, and ...
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Article
Reeves confirms public sector pay rises of 5-6%
Credit: Fred Duval/ShutterstockThe chancellor has confirmed that millions of public sector workers will get a pay rise this year, following recommendations from the independent pay review bodies.Most NHS workers, teachers and members of the armed forces will receive above-inflation pay rises of 5.5% to 6%, Rachel Reeves announced yesterday as ...
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Article
Greggs pension scheme completes £100m buy-in
The trustee of Greggs plc 1978 Retirement and Death Benefit scheme has entered into a £100 million bulk purchase annuity transaction with Aviva.Greggs provided additional funding support that facilitated the buy-in to increase the long-term security of all member’s benefits, as part of the trustee’s long-term de-risking strategy.The deal covers ...
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Article
58% of employers say health benefits underused by staff
Health and wellbeing benefits are the most impactful component of an employee value proposition (EVP) but are underutilised by staff, according to new research from Cigna Healthcare. The report, Harnessing health – measuring the impact of employee health and well-being benefits, surveyed employers and staff in the ...