All articles by Tynan Barton – Page 5
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AnalysisBuyer’s guide to fertility benefits
Credit: bezikus/ShutterstockWhat are fertility benefits?Fertility benefits are wide-ranging and include comprehensive support and treatment for individuals. The benefits cover the key areas of medicines, procedures and assisted conception, such as in vitro fertilisation (IVF) and intracytoplasmic sperm injection (ICSI).Employers use the services of providers to offer fertility and parenthood-planning care ...
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OpinionRashree Chhatrisha: Helping staff to achieve better retirement outcomes
The government’s ambition is to drive better outcomes for members of defined contribution (DC) pension schemes to help ensure all savers achieve the best possible retirement.This is a really positive direction for DC pensions as the management of schemes evolves to consider what members will receive in retirement; whether this ...
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OpinionTim Pike: Could we see a return to defined benefit pensions?
The UK’s private sector defined benefit (DB) pension landscape is generally described as in its endgame. There has been a fall in the number of open DB pension schemes as a result of economic, social and regulatory changes.The vast majority of employers offer a defined contribution (DC) pension to eligible ...
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Case StudiesPodcast: Fitflop ensures its benefits support employee retention and engagement
Employee Benefits · Employee Benefits/FitFlop PodcastListen: For global footwear brand FitFlop, one of its key challenges is to provide a unified approach to employee benefits to ensure engagement levels are high in all of the countries it operates in.That approach includes a wide range of perks that appeal to all ...
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Case StudiesThe benefits offered by FitFlop
Benefits on offer at FitFlop in the UK:PensionGroup personal pension (GPP) plan offered via salary sacrifice arrangement for all employees, with 4.5% contributions from both employee and employer.Healthcare and wellbeingPrivate medical insurance (PMI) scheme or private dental insurance: all employees can choose one benefit to be funded by the employer. ...
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Article41% of employers expect increased demand for mental health support
Mental health support will be the most in-demand health and wellbeing benefit in 2024, according to research from Towergate Health and Protection. The survey of 500 HR professionals found that 41% are expecting to see an increase in demand for mental health support from their employees. A ...
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ArticleHermès to award €4,000 bonus to all employees
Credit: Maddie Red/ShutterstockLuxury fashion brand Hermès has announced that it will award all employees a €4,000 bonus in respect of its successful work in 2023.The news was announced at a presentation of the French firm’s 2023 full-year results, where alongside the staff bonus, it announced an increase in profits of ...
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ArticleAmazon workers begin three-day strike over pay
Credit: Sundry Photography / Shutterstock.comAmazon workers in Coventry have begun a three-day strike in a dispute over pay.More than 1,000 GMB union members at the retail firm are taking part in industrial action today (Tuesday 13), Wednesday 14 and Thursday 15 February, to earn £15 an hour and union rights.UK ...
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ArticleB&Q to increase minimum hourly pay
Credit: ClimbWhenReady / ShutterstockB&Q has announced that it will be increasing its minimum hourly rate to £12.21 per hour, and its London rate to up to £13.55 per hour.From April 2024, 16,500 employees at the home improvement retailer will get an extra 90p per hour, worth over £1,700 more a ...
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ArticlePay settlements expected to drop in 2024
Basic pay increase expectations have fallen for the first time since the start of the pandemic, according to the Chartered Institute of Personnel and Development’s (CIPD) latest Labour Market Outlook.After holding steady at 5% for more than a year, UK employers’ expected basic pay rises for the next 12 months ...
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OpinionConfessions of a benefits manager: Candid works on a new recognition platform
Does recognition fall under compensation or benefits? In my organisation, it sits in compensation, so I thought I was safe from getting involved in the new platform. I have been watching with interest as communications go out promising a new, exciting platform in a matter of weeks.I should have known ...
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OpinionDawn Moore: How can reward and benefits contribute to happiness at work?
It has long been recognised that reward and benefits, as part of an overall employee experience, are a key part of happiness at work. A good reward and benefits package demonstrates that an organisation cares for its employees, particularly where it is clear that there is not a one-size-fits-all approach ...
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OpinionNeil Goodwin: How can reward and benefits contribute to happiness at work?
The old adage that a happy worker is a good worker is nothing new. However, the advantage to businesses of having a happy and engaged workforce, and the things that affect this the most, are becoming a key focus like never before (cue obligatory reference to Google’s chief happiness officer).Looking ...
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OpinionJennifer Roberts: How can reward and benefits contribute to happiness at work?
At Central Co-op, our colleagues are the difference makers. Our society is built on strong cultural values dating back to the original Co-op pioneers focusing on the difference we make within the communities we serve. Our reward and benefits offering is also built on these strong values, aiming to make ...
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ArticleOlivia Burgess: How can reward and benefits contribute to happiness at work?
The value of employee happiness is significant, with direct links to productivity, engagement, and retention. Prioritising employee happiness and wellbeing at Atradius has enabled us to look after our people and maintain a high retention rate across our organisation.Reward and benefits have a direct impact on employee wellbeing; ultimately, happier ...
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OpinionEmily Whitelock: Pots-for-life plan could pose risk to employee pension engagement
While automatic-enrolment has resulted in more individuals saving for retirement, it has created a separate issue that the Department for Work and Pensions (DWP) describes as 'the proliferation of small pots': the creation of multiple deferred pension pots, often low in value, when employees change employer. Lack of engagement with ...
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ArticleConfessions of a benefits manager: Candid works to align bonuses and performance management
I think it is interesting to see how the importance of performance-related pay has moved in and out of fashion. Go back a few years and everyone was saying they were a pay-for-performance employer and everything from shares to pay rises was linked to a rating. That made budgeting difficult, ...
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ArticleEast Ayrshire Council accredited as endometriosis-friendly employer
Credit: David Gordon for East Ayrshire CouncilEast Ayrshire council has received endometriosis-friendly employer accreditation in recognition of the impact that the condition has on employees.The council has signed up to the Endometriosis Friendly Employer scheme, run by Endometriosis UK, and pledged to create a working environment in which those with ...
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ArticleEXCLUSIVE: Accor Group launches new employee wellbeing benefit
Hospitality organisation Accor Group has introduced a new wellbeing benefit for its 4,500 UK employees.The benefit, Your Care Plus provided by Vivup, is a health management platform that supports employees’ physical and mental wellbeing with a range of products and services.The platform provides evidence-based interventions and support tools to help ...
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OpinionNaomi Brown: Do workplace pension schemes fully cater for 2024 family life?
There is no denying it. It is almost 2024. Families of all shapes and sizes are preparing for a joyful festive season with their loved ones.But as I look at all the wonderful families around me, families whose ideas of what 'family' means left the 1950s behind long ago, part ...