All articles by Tynan Barton – Page 27
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OpinionApril Horsman and Anne Sammon: Employers are key in supporting mental wellbeing
With a significant proportion of the UK economy now working from home due to the Covid-19 (Coronavirus) pandemic, both organisations and the people within them are facing an unprecedented challenge in adapting to a new way of working. During these uncertain times, employers have a responsibility to ensure their workforce ...
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OpinionShabnam Ramzan: Snowflake supports the overall wellbeing of staff during a crisis
At Snowflake, our people are our greatest asset and we want to make sure that Snowflake is a great and safe place to work. One way that we can do this is by offering a comprehensive range of employee benefits that are designed to help look after health, wellbeing and ...
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AnalysisHow can employers support the health and wellbeing of a global workforce during a health crisis?
Need to know:The Covid-19 (Coronavirus) pandemic is an unprecedented situation but international healthcare plans will already have provisions in place for such a situation.Benefits such as employee assistance programmes and telemedicine help to support global workforces by providing 24-hour-a-day access to support and medical advice.If evacuation is not an option ...
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OpinionTim Middleton: Pensions support for employers and staff is essential during the Covid-19 crisis
The Covid-19 (Coronavirus) crisis has had the most serious peacetime impact on society for over a century. With most of the population subject to lockdown, employers have scaled down their activities or suspended them altogether. This has seen an estimated nine million employees placed on the government’s furlough scheme and ...
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OpinionCarolyn Jones: Careful consideration is needed before making pensions decisions
The uncertainty caused by the Covid-19 (Coronavirus) pandemic means it is a crucial time for employers to support the financial wellbeing of staff. When it comes to concerns about pensions, employers should encourage staff not to panic and make rushed decisions without understanding all of the facts.For employees with defined ...
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Case Studies
Infographic: Gathering employee health data
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Case StudiesThe benefits offered by Smarkets
The benefits offered by SmarketsPensionContract-based pension scheme with a 3% employer contribution, 5% employee contribution.PayPay transparency across the organisationSelf-set salariesFamily friendly and work-life balanceOn-call nanny, available to an employee up to five times a yearOnsite childcare room for bringing a child to workFlexible working available around core office hours of ...
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Case StudiesSmarkets backs employee mental health with suite of wellbeing benefits
Talent in the technology sector is highly sought after; like many industries, technology organisations are competing for the top applicants, and to do so means offering a competitive suite of benefits, appealing work or an attractive workplace culture. Financial technology start-up Smarkets claims all three.Susan Pinto, HR manager, says: “Our ...
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OpinionDr Anne de Bono: Occupational health is key to helping employees return to work
Occupational medicine, the clinical specialty which evaluates the two-way relationship between health and work, is key to support the health and wellbeing of employees.Historically, occupational doctors focused on diseases caused by work; for example, miners’ lung conditions, and bladder cancer among tyre manufacturers. These problems have dramatically decreased, at least ...
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OpinionMalcolm Hurlston: Share schemes must present attractive returns to engage younger employees
If early assessments of Generation Z are on the money, they will be like chalk to the Millennial cheese, leaving employers with the most interesting communications challenge they have ever faced with young people.Gen Z appear to be old before their time, the first generation ever to be thinking about ...
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OpinionZoe Denny-Thomas: Engaging younger staff with share plans should be a key goal
Engaging the different generations in the workplace is always a hot topic, and there is increasing evidence that take-up of share plans among younger employees is disproportionately lower than their older colleagues. However, this is not necessarily a sign of disengagement with their employer. In 2017, Proshare produced a report, ...
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AnalysisHow can employers engage younger employees with share schemes?
Need to know:With job-hopping becoming the norm, share scheme models may have to adapt to provide earlier payments to more immediately engage younger employees.Clear and constant communication is needed to ensure staff have bought into the scheme, and in turn, the objectives of the business.Share schemes can be an active ...
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ArticleGovernment announces reduction of most company car tax rates by 2%
Budget 2020: The government has confirmed a reduction of most company car tax rates by 2% in 2020/21, applicable to cars first registered from 6 April 2020.The benefit-in-kind tax rates will return to planned levels over the subsequent years: by 1% in 2021/22, and 1% in 2022/23. Rates will then ...
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ArticleGovernment to introduce neonatal pay and leave entitlements for working parents
Budget 2020: The government has announced today (11 March 2020) that it will create a new neonatal leave and pay entitlement for working parents.The benefit will be applicable to employees whose babies spend an extended period of time in neonatal care. It will provide up to 12 weeks paid leave ...
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ArticleTapered annual allowance threshold for pension tax relief to increase by £90,000
Budget 2020: Chancellor Rishi Sunak announced today (11 March 2020) that that the tapered annual allowance threshold for pensions tax relief will be increased by £90,000.This means that from 2020/2021, the threshold income will be £200,000; those employees that earn below this level will not be affected by the tapered ...
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Case StudiesThe 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 ...
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Case StudiesBarratt Developments uses benefits package to attract and retain talent
One of the most significant challenges for housebuilding organisation Barratt Developments is attracting and retaining talented people against the backdrop of a major skills crisis in the construction industry.Influenced by the government’s commitment to build 300,000 new homes every year, an ageing workforce, and a lack of younger skilled employees ...
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ArticlePay gap sees the average female employee work for free for two months per year
The average female employee works for free for the equivalent of two months per year due to the UK's gender pay gap, according to analysis from the Trades Union Congress (TUC).The research, released on Women's Pay Day today (4 March 2020), the date on which female employees start getting paid ...
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ArticleA third of UK employees feel appreciated by managers at work
More than a third (36%) of UK employees say they feel appreciated by their managers at work on an ongoing basis. This places the UK above several European countries, according to research by SD Worx.The research looked into the satisfaction, motivation, involvement and engagement of 4,500 employees across Germany, France, ...
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ArticleEXCLUSIVE: Bespoke benefits packages are key to attracting workforce of the future
Employee Benefits Connect 2020: To meet the needs of future workforces, employers must provide a benefits package with bespoke options for employees, says Jo Monk, HR director at ALD Automotive.Addressing delegates at Employee Benefits Connect 2020 on Wednesday 26 February 2020, Monk discussed some of the difficulties employers face in ...