All Voluntary benefits articles – Page 3
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ArticleEmployees up North will see pay stretch furthest on date night this Valentine's Day
Something for the weekend: For those looking to make their pay stretch further, or use their voluntary benefits to the best advantage this Valentine's Day, Kingston upon Hull has been revealed to be the most affordable UK city for a date night, according to research by Financial World.Dates in Kingston ...
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Case StudiesThe benefits offered by Wave
The benefits on offer at Wave:PensionA master trust pension scheme for all employees. Those aged 22 and over are auto enrolled, but it is open to all employees.Matching contribution levels: 3% employee contribution, 6% employer; 4% employee 8% employer; 5% employee and 10% employer. Employees can contribute as much as ...
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Case StudiesBenefits on offer at Central Co-op
Benefits offered by Central Co-op:Pension and group riskA group personal pension for all employees, with varying contribution levels.Life assurance, funded by the employer.Healthcare and wellbeingHealth cash plan, funded by the employee.Employee assistance programme, employer paid.Line manager mental health training.Mental health champions.Free flu jab.Menopause support policy.HolidaysHoliday puchase: employees can buy up ...
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ArticlePWC launches discount scheme and virtual financial wellbeing support
Professional services firm PricewaterhouseCoopers (PWC) has introduced a new shopping discounts portal for its 22,000 UK employees, as well as hosting virtual events to help support financial wellbeing.The portal, provided by Reward Gateway, replaces an older system and aims to give staff easier access to a wider range of discounts ...
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AnalysisBuyer’s guide to retail and discount voucher schemes
What are retail and discount voucher schemes?Employee discount voucher schemes come in various forms, all of which aim to provide staff with savings on a range of purchases, from everyday shops to big-ticket items and the latest technology. There are three main types of scheme, which might fall under different ...
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Case StudiesThe benefits offered by GXO
The benefits offered by GXO:PensionTwo defined contribution (DC) pension schemes within GXO, excluding the Clipper acquisition. A group personal pension (GPP) for manager grades with a maximum of 7% employer contribution if the employee pays 5%, and a master trust arrangement for non-manager grades with statutory contribution levels of 8% ...
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Supplier articleCooper Parry launch a firm-wide volunteering day, resulting in 1286 hours of community action.
Cooper Parry isn’t your average accountancy firm. They’re committed to making life count. Recently Cooper Parry launched a firm-wide annual volunteering day where 247 employees signed up to take part.Over two-thirds of the company workforce put down their tools and took action to help local charities and communities on one ...
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AnalysisHow can employers tailor benefits to suit ‘unretired’ employees?
Need to know:As increasing numbers of 'unretired' employees return to work, flexibility is an important factor in order to remove potential barriers from day one.Financial wellbeing may be a concern for many re-entering the workforce, while employers should consider the specific health issues facing older people.Having a tailorable benefits package ...
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ArticleEXCLUSIVE: Wickes leverages benefits schemes to bring cost savings
Employee Benefits Live 2022: Home improvement retailer Wickes has made a number of changes to its benefits schemes to bring cost savings to the business, while also supporting the financial wellbeing of staff.Addressing delegates at Employee Benefits Live 2022 in a session entitled ‘How to structure a compelling cost-effective benefits ...
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AnalysisBuyer’s guide to health cash plans
What are health cash plans?The origins of health cash plans can be traced back to the 19th century when they were originally provided by charitable or non-profit organisations. As a support system that pre-dates the creation of the NHS in 1948, cash plans helped employees pay for their various healthcare ...
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Supplier articleDomestic & General partner with onHand to engage employees with sustainability action and local volunteering.
Leading appliance repair service Domestic & General has partnered with onHand to let employees easily take sustainability action, as well as create an impact in their local communities through volunteering.Using the platform, employees can take Co2e tracked pledges to reduce their Co2 emissions and also find volunteering opportunities in their ...
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ArticleThe top 10 most-read articles between 10 June – 16 June 2022
The top 10 most-read stories on employeebenefits.co.uk between 3 June and 9 June 2022 were: House of Commons signs Menopause Workplace PledgeMorrisons to pay staff at least £10.20 an hourBlenheim Palace launches staff benefits platformBritish Airways and North Yorkshire County Council shortlisted for Best voluntary benefitsWilson James awards Gatwick Airport ...
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ArticleBritish Airways and North Yorkshire County Council shortlisted for Best voluntary benefits
British Airways and North Yorkshire County Council are among those organisations shortlisted in the Best voluntary benefits category at the Employee Benefits Awards 2022.This award will celebrate the most effective use of a voluntary benefits plan within an organisation, including staff offers that are available for all employees.The full category ...
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ArticleConfessions of a benefits manager: Candid reviews voluntary benefits.
It all came about because of a mini disaster with the national minimum wage. We offer certain voluntary benefits under a salary sacrifice arrangement. In theory, employees are only able to select things that do not take them under the national minimum wage (NMW). We think they should be able ...
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Case StudiesBenefits offered by Murphy Group
The benefits on offer at construction and civil engineering business Murpy Group:Pension and group riskThree pension schemes including a trust-based defined contribution scheme and two master trusts. Employer contributions range from the minimum of 3% through to 12% depending on role, scheme and personal choice.Life insurance for all employees, employer-paid. ...
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Case StudiesPodcast: Murphy Group recognises the value in providing a holistic benefits provision
tynanbarton · Murphy Group/Employee Benefits podcastListen: Murphy Group recognises the importance of providing a benefits provision that is easy to adapt and evolve in order to meet the needs of its workforce.In this edition of the Employee Benefits podcast, Dawn Moore, group people and communications director, discusses how the construction ...
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Case StudiesThe benefits offered by London City Airport
The benefits offered by London City Airport:PensionDefined contribution pension scheme with salary sacrifice option. Employer contributions range from 4% to 10%, depending on length of service.Healthcare and wellbeingEmployer-paid private medical insurance (PMI) for all employees after five years' service. After 10 years, they receive family PMI cover. Any employee can ...
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Case StudiesPodcast: London City Airport promotes use of benefits to tackle cost of living increases
tynanbarton · London City Airport/Employee Benefits podcastListen: Michael Spiers, chief people officer at London City Airport discusses how the employer is taking steps to ensure employees are fully utilising their benefits schemes.The employer recognises the impact that the cost of living rises can have on employees' lives so is making ...
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Supplier articleWhy We Care About Rihanna Donating to Climate Justice Groups
Earlier this year, Rhianna, singer and CEO of Fenty Beauty, joined teams with Jack Dorsey, former Twitter CEO, to donate $15 million to a cluster of 18 different climate justice groups. All this was made possible by Rihanna’s Clara Lionel Foundation, set up to support climate resilience and justice in ...
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Supplier articleWebinar: How to boost retention and win the war for talent
The war for talent is more intense than ever, with job vacancies in the UK at a record high of 1.2 million*. To attract and engage top talent, HR must look beyond one-time pay rises and bonuses, adapt to the shifting demands of employees and redefine what they offer as ...