All articles by Tynan Barton – Page 23
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Opinion
Nigel Peaple: Pensions dashboards will give people more control over their savings
After a long wait the Pension Schemes Bill will soon officially enter into law, having passed through the Parliament stage on 19 January.Among strengthening the powers of the Pensions Regulator, enabling a stronger funding regime for defined benefit (DB) pension schemes and allowing the creation of collective defined contribution (CDC) ...
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Article
Sarah Churchman:
Balancing office and home life is not new to working parents but the events of the last year - where the home turned into the office - saw this finely tuned balance thrown off-kilter for many. If we acknowledge that the everyday reality of our working parents has changed greatly, ...
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Opinion
Alexandra Evreinoff: A truly inclusive benefits strategy can be an effective support mechanism
Employers already know that offering a competitive compensation package is one of the most effective ways to attract and retain talent. What’s often overlooked, however, is the opportunity to better support their workforce by ensuring their employee benefits strategy is truly inclusive.While compiling a new strategy, employers should keep relevance ...
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Opinion
Susan Gee: Yorkshire Water has support in place for employees with long Covid
Supporting employees with long-Covid symptoms is an emerging challenge for employers as the symptoms are varied, with some being more easily recognised than others. For example, breathlessness, fatigue and cognitive impairment appear to be common.At Yorkshire Water our approach to supporting employee health has always been person centred, and while ...
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Opinion
Shalina Crossley: Employers need to be aware of how to support staff with long Covid
Since the start of the pandemic, a significant minority of people have reported long-term adverse effects related to Covid-19, often referred to as long Covid. While we do not have medical clarity about its effects and duration yet, reported symptoms include fatigue, pain, headaches, breathing difficulties, muscle weakness, lasting fever, ...
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Opinion
Ksenia Zheltoukhova: 2021 could bring an opportunity to reset benefits strategies
This is the year to carefully consider the psychology of employee benefits: having experienced fundamental shocks to their lives, people will be re-evaluating what matters to them, and how work fits in. This is an opportunity for employers to listen to their staff to understand what is of value to ...
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Opinion
Tim Middleton: Employees need to make informed decisions about their retirement
Retirement plans for 2021 have changed for many due to the Covid-19 (Coronavirus) pandemic. While some have decided to put their retirement on hold due to their savings taking a hit because of Covid-19, others are deciding to retire early after being discouraged about finding employment again when faced with ...
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Case Studies
Gerald Eve builds holistic benefits strategy that supports all areas of employee wellbeing
For Gerald Eve, a key factor in its benefits proposition is that it reflects its culture of putting its people at the centre of the firm. Helen Foley, HR director, says: “Our strategy is to have benefits that really try and support [employees] in reaching their potential in all areas ...
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Case Studies
The benefits offered by Gerald Eve
The benefits offered by Gerald Eve:PensionsGroup self-invested personal pension (Sipp), open to all employees. The employer will match contributions from 4.5% to 6%.Healthcare and group riskPrivate medical insurance: employer-paid for all employees, with the option to add dependants at emloyee's own cost.Life assurance.Group income protection: employer-paid for all employees.Dental insurance: ...
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Article
52% of UK employees enjoy a better work-life balance after home working
More than half of UK (52%) employees said they feel closer to their families and enjoy a better work-life balance after working from home due to the Covid-19 (Coronvirus) pandemic, according to research from Future Strategy Club (FSC).The study also found that those employees want to continue home working in ...
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Article
UK’s highest paying jobs in 2020 revealed
Data modeler roles were the highest paid jobs in the UK in 2020, according to analysis from job site Indeed.Job advertisements for these data experts revealed average salaries of £146,000, just shy of Prime Minister Boris Johnson’s salary of £150,000.The research, based on Indeed’s analysis of thousands of job adverts ...
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Article
Tesco, Pizza Hut and Superdrug flouted minimum wage rules
Tesco, Superdrug and Pizza Hut are among the 139 organisations identified by the government as having breached minimum wage rules.According to the Department for Business, Energy and Industrial Strategy (BEIS), these employers underpaid more than 95,000 workers by a total of £6.7 million.The organisations were investigated between 2016 and 2018, ...
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Article
EXCLUSIVE: Snowflake launches behavioural health app to support employees' mental health
Snowflake has introduced a behavioural health coaching app to support its employees with their mental health.The app, Ginger, provides Snowflake’s international staff members and their families with a programme that can offer support with a range of issues, including stress, anxiety, relationship matters or coaching on specific topics such as ...
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Article
Gender pay gap is widest for those aged over 50
The gender pay gap between full-time male and female employees is widest for those aged over 50, according to analysis from digital community Rest Less.The analysis Office of National Statistics (ONS) pay data, found that the gender pay gap increases with age: the annual salary of a female full-time employee ...
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Case Studies
Moneypenny’s culture offers employees an engaging experience
Telephone answering service Moneypenny has always offered its employees a broad range of benefits that help to create an attractive employee experience.Among its initiatives, it offers some perks that are unique to its head office in Wrexham: pre-pandemic, the organisation made use of its spacious building by hosting Zumba or ...
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Case Studies
Quincus strengthens its culture through virtual networks and support initiatives
Global organisation Quincus has continued to support its employees and keep its organisational culture alive throughout the Covid-19 (Coronavirus) pandemic with virtual events and support networks.The supply chain technology firm has headquarters in Singapore, and its 80 employees operate in teams across India, Indonesia, Malaysia and the UK, and, with ...
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Article
78% of employers will change ESG use in executive pay strategies
Nearly four-fifths (78%) of employer plan to change the way they use environmental, social and governance (ESG) measures in their executive incentive strategies, according to research by Willis Towers Watson.Its 2020 ESG survey of board members and senior executives, which was conducted in 168 organisations throughout Europe, North America, Asia, ...
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Case Studies
The benefits offered by Ipsos Mori
The benefits offered by Ipsos Mori:Pensions and financial wellbeing:A contract-based group self-invested personal pension: employer contribution is 6%, employee contribution is 4%.Lifetime individual savings account (Lisa), workplace Isa and junior Isa.Monthly financial education programme: topics include pensions, credit ratings and financial wellbeing, savings and investments, protection policies and inheritance tax ...
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Case Studies
Ipsos Mori ensures employee wellbeing ranks high on the agenda
At Ipsos Mori, employees are at the centre of everything the organisation does, and it follows that any benefits that are introduced serve the purpose of meeting employees’ needs. This approach means the market research organisation has made a number of changes to its reward stategy in order to support ...
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Article
EXCLUSIVE: 39% of organisations offer a group personal pension plan
The most common primary pension scheme offered by employers is a group personal pension (GPP), as offered by more than a third (39%) of respondents, according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers found that a GPP has held the top ...