All Employee Benefits articles in Web Issue – Page 1003
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ArticleDanone launches global parental policy
Global food organisation Danone has launched a new global parental policy, including 18 weeks of fully-paid leave for primary caregivers and pre-and post-natal support initiatives.The new policy aims to provide a consistent standard of support to all new and expectant parents across the organisation's 100,000-strong global workforce, regardless of which ...
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ArticleHow the Spring Budget 2017 will affect employee benefits
On 8 March 2017, Chancellor Philip Hammond delivered his Spring Budget 2017 speech. Below is a round-up of the key announcements that have a bearing on employee benefits:The government’s tax-free childcare policy, which provides parents with children under the age of 12 up to £2,000 a year per child to ...
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ArticleGeorge takes on reward at Equifax
Equifax has appointed Katherine George interim Europe, Middle East and Africa (EMEA) reward lead.Previously, George was interim human resource business partner reward at the BBC, benefits manager EMEA at SThree, interim reward specialist at Mondi Group, and interim head of reward and benefits at Top Right Group.
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ArticleCaicedo joins Royal College of Obstetricians and Gynaecologists
Fernando Caicedo has joined the Royal College of Obstetricians and Gynaecologists (RCOG) as head of HR.Previously, Caicedo held positions at charity Leonard Cheshire Disability, including senior HR projects lead and senior HR business partner, as well as at Macmillan Cancer Support where he was HR business partner.
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 2 and 8 March 2017 were: Employee Benefits Connect 2017 speaker slidesTax-free childcare to be rolled out from April 2017Keep up to date with the Spring Budget 2017British Gas is refused right to appeal in holiday pay commission caseBig Bang Theory ...
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OpinionLovewell's logic: How popular was the Spring Budget?
I think the benefits industry breathed a collective sigh of relief earlier this week when it became clear that the Spring Budget didn’t include any major announcements impacting reward.But that’s not to say that all of the announcements were popular. Buried in the supporting policy documentation was confirmation that the ...
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ArticleNew Zealand entices tech employees with paid-for trip
Something for the weekend: The job interview process can often be a gruelling one, with many potential applicants fearing numerous panel-style interviews, complete with quick-fire questions about their career history and transferable skills. But how much better would that interview process seem if it were to involve a paid-for trip ...
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Supplier article
Key points of the 2017 Spring Budget
by Adam Mason, consulting directorFor those fellow early-morning dog walkers out there, you will have no doubt noticed the lighter mornings that signal Spring is on the horizon, and with that the need to banish the torch at least for what we hope is until autumn. Furthermore, many of you ...
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ArticleTesco to back pay staff after salary sacrifice-linked living wage error
Retail organisation Tesco is to provide back pay to 140,000 former and current employees after it was found that their pay fell below the national living wage after salary sacrifice deductions.An internal review of Tesco’s reward system found that some employees were being left with a base salary below the ...
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ArticleJohn Lewis and Waitrose staff to receive 6% bonus
Around 86,700 employees at John Lewis and Waitrose will receive a bonus worth 6% of their salary.The bonus is equivalent to more than three weeks’ pay for staff that have been employed by the John Lewis Partnership for an entire year. In total, the bonus will amount to £89.4 million.The ...
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Article
8: events: Employee Benefits Awards 2017 shortlist unveiled
BNP Paribas, Goodman Masson, Hays, Sandwell Metropolitan Borough Council, Skanska UK, and Warner Music are among the organisations that have been shortlisted for the Employee Benefits Awards 2017.The winners will be announced at the Employee Benefits Awards and Summer Party on Friday 9 June 2017, at the Artillery Garden at ...
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Supplier article
How to encourage more physical activity at work
Struggling with a 3pm slump or lack of motivation to get moving at the office? Watch an interview with the Reward Gateway wellbeing team on eight new ideas on getting your team up and about to boost employee wellbeing.Click here to view the video.
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Article137.3m working days lost due to sickness or injury in 2016
An estimated 137.3 million working days in the UK were lost due to sickness or injury in 2016, according to the Office for National Statistics (ONS).Its Sickness absence in the labour market: 2016 report found that minor illnesses, such as colds and coughs, were the most common reason for sickness ...
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Supplier article
Measuring the value of your employee wellbeing initiative
Employee wellbeing is on everyone’s minds, but what’s it really doing? Watch an interview with the Reward Gateway wellbeing team on how to properly calculate your own employee initiative ROI, and how to look at the ‘intangible’ VOI (value on investment), too.Click here to watch the video.
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ArticleUBS cuts performance award pool by 17%
Swiss banking organisation UBS has decreased its 2016 performance award pool by 17% to CHF2.9 billion.The organisation, which employs 59,387 members of staff, had a performance award pool of CHF3.5 billion in 2015.The performance award pool includes all discretionary performance-based variable awards. It is determined by business performance, including group ...
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ArticleVirgin Money reports a 36% mean gender pay gap
Virgin Money had a mean gender pay gap of 36% at April 2016, according to the organisation’s 2016 annual report.The financial services organisation recorded a median gender pay gap of 39% at April 2016.The pay gap has been attributed to the under-representation of female employees in senior leadership roles and ...
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ArticleVoyages-sncf introduces on-site e-sport gaming room
E-commerce travel organisation Voyages-sncf.com has introduced a state-of-the-art gaming room at its head office to encourage employees to take part in e-sport competitions.Voyages-sncf.com, which employs approximately 1,000 staff members across Europe, will also support a team of 17 employees by covering registration fees and travel expenses for e-sport competitions.The team, ...
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Supplier article
Women and financial wellbeing
By Monica Kalia, co-founder and chief strategy officerI’ve worked for the last 20 years within the financial services sector and began my career in investment banking. In 2014 I co-founded Neyber having identified that a technology based solution was needed to revolutionise personal finance and help drive financial wellbeing.I’m passionate ...
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ArticleHow can employers create the right pension contribution structure for their workforce?
Need to know:Setting differing contribution levels within a workplace pension arrangement allows employees to select what they can afford to put aside for their retirement.Benchmarking against other organisations within the same industry enables employers to set a sector-competitive pension contribution structure.Employers with a paternalistic outlook could consider setting a higher ...
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OpinionTim Gosling: Higher contribution rates will bring savers closer to retirement targets
With the 2017 review of automatic-enrolment approaching, the Pensions and Lifetime Savings Association (PLSA) spent 2016 researching adequacy in pension saving. Together with Hymans Robertson, we used data on pension wealth and other savings to build a picture of what retirement incomes could be for the population of Britain, assuming ...