All Employee Benefits articles in Web Issue – Page 1006
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ArticleDisney to provide $3.8m in back pay to US staff
Two subsidiaries of entertainment organisation The Walt Disney Company are to provide a total of $3.8 million (£3.1 million) in back pay to 16,339 US employees following minimum wage and overtime violations.The US Department of Labor has reached an agreement with the Disney Vacation Club Management Corporation and the Walt ...
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ArticleJeremy Davies: What more should employers be doing to support working fathers?
For many years, employers have understood that to get the best out of their female staff, they need to find ways of helping them combine work and motherhood. More recently, a few enlightened employers have started to think about how they can support working dads too.But there is still a ...
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Article19% of 18-29 year olds believe access to instant discounts would increase engagement
Almost one fifth (19%) of respondents aged 18-29 years old feel that access to instant benefits, such as retail discounts and cinema tickets, would increase their engagement with their employer, according to research by Personal Group.Its Hapi survey, which surveyed 781 UK employees, also found that more than a third ...
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ArticleThe month in numbers: February 2017
Katie Scott rounds up some of February’s key facts and figures relating to employee benefits:46% of Canadian employee respondents would participate in employer-provided education programmes for mental health and stress reduction (Source: Sun Life Financial) bit.ly/2kJnAmM60% of HR manager and director respondents believe that the government’s Fit for Work service ...
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Supplier article
The key benefits of having a workout buddy at work
by Nick Hudson, head of physical activityI recently presented you with the demoralising statistic that only 10% of people stick to their New Year’s Resolutions. We’re just a couple months into 2017 so hopefully your employees won’t have become part of these numbers yet, but the realistic part of me ...
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Article48% have access to workplace wellbeing tools
Nearly half (48%) of respondents are offered tools by their employer that are designed to promote wellbeing in the workplace, according to research by Robert Half.Its The secrets of the happiest companies and employees report, which surveyed 2,000 UK adults who work on a full or part-time basis, also found ...
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ArticleEXCLUSIVE: Virgin Care achieves 10% take-up of wellbeing platform
EXCLUSIVE: Health and social care organisation Virgin Care has achieved a 10% take-up rate for its new online health and lifestyle platform for staff, which launched in January 2017.The online platform, MyWellness, aims to support the mental, physical and social wellbeing of the organisation's 7,000 employees. It is divided into ...
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ArticleCricket Australia offers female players a 125% pay increase
Cricket Australia has offered female cricketers an average pay rise of 125% as part of a new remuneration and benefits proposal.A new five-year memorandum of understanding (MOU) aims to increase pay for female athletes, with pay for international female cricketers set to increase from $79,000 (£49,028) to $179,000 (£111,089) as ...
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ArticleTribunal rules judges were subject to age discrimination in pensions case
In January 2017, the London Central Employment Tribunal ruled that the Ministry of Justice and Lord Chancellor had discriminated against judges with regards to changes to the judicial pension scheme.Following the closure of the judicial pension scheme in March 2015, serving judges were transferred to a new judicial pension scheme, ...
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ArticleHow will the Spring Budget 2017 impact pay and benefits?
Chancellor Philip Hammond (pictured) delivered his first and last Spring Budget speech to the House of Commons on Wednesday 8 March 2017. Below is a summary of the key announcements that could impact employers’ pay and benefits strategies:The government’s tax-free childcare policy will be rolled out to parents with children ...
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Supplier article
A dangerous mistake to make when it comes to your employee engagement strategy
by James Edwards, client success director I’ve worked with hundreds of companies over the past six years. And yet I still have a tough time stopping a groan when I hear a client talk about a ‘quick fix’ to employee engagement. They mean well – the need to better attract, ...
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Article14% believe every employer provides death-in-service benefits
More than one in 10 (14%) respondents believe that every employer provides death-in-service benefits, according to research by Aviva.Its Protecting our families report, which surveyed 2,500 UK adults, also found that 18% of respondents do not know what support they would get from their employer if the main income earner ...
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ArticleJTI launches financial education programme
Global tobacco organisation JTI has launched a new online financial education programme for its 615 UK-based staff.The financial education programme, provided by Nudge, aims to support JTI's HR strategy of remaining an employer of choice.The new programme forms part of the organisation's wider approach to employee wellbeing, and will run ...
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ArticleRoyal Mail, Schroders and Skanska shortlisted for best mental health strategy
Royal Mail Group, Schroder Investment Management, and Skanska UK are among the organisations that have been shortlisted in the best mental health strategy category at the Employee Benefits Awards 2017.This award, sponsored by Legal and General, recognises employers that have made a concerted effort to support employees' mental health, such ...
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Article29% do not view the gender pay gap as a business issue
More than a quarter (29%) of senior decision maker respondents do not view the gender pay gap as an issue for businesses, according to research by NGA Human Resources.Its survey of 250 senior decision makers at UK organisations that are eligible for gender pay gap reporting from April 2017, also ...
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ArticleWhat are the latest trends in the health cash plan market?
Need to know:Claims apps make it easier to use a health cash plan, pushing up claims volumes but delivering greater benefit to employees and employers.Virtual GP services are the latest benefit addition, responding to long waiting times to see a local doctor.Some cash plan providers have absorbed increases in insurance ...
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Case StudiesHywel Dda University Health Board helps staff fund everyday health needs
Hywel Dda University Health Board is responsible for providing healthcare services to around 384,000 people across Carmarthenshire, Ceredigion and Pembrokeshire. It also cares about the health and wellbeing of its 10,000 employees, having introduced a Health Shield-provided cash plan in 2013 to help staff fund their everyday health needs.Andrea Thomas, ...
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Article33% report an increase in staff pension fund performance complaints
A third (33%) of employer respondents report an increase in complaints from employees about their pension fund performance in the last two years, according to research by Portus Consulting.Its survey of 103 UK-based HR professionals and 1,043 UK employees, also found that 35% of employer respondents are concerned about possible ...
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ArticleGousto awards share options to staff to mark anniversary
Recipe box organisation Gousto is offering its 200 UK-based employees one-off share options to mark its fifth anniversary.The share options are available to employees of all levels across the organisation's London and Spalding offices and factory. Employees must have at least six-months' service prior to January 2017 to be eligible ...
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ArticleDeutsche Bank cuts variable compensation pool by 77%
German global banking and financial services organisation Deutsche Bank has decreased its 2016 overall variable compensation pool by 77% to €0.5 billion (£0.4 billion).The organisation, which employs 99,744 members of staff, had a variable compensation pool of €2.4 billion (£2 billion) in 2015.The variable compensation pool includes an annual performance ...