All Employee Benefits articles in Web Issue – Page 1030
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ArticleTop 10 most read stories this week 8-14 July
The top 10 most read stories on www.employeebenefits.co.uk between 8 and 14 June 2017 were: BNP Paribas wins the Grand Prix at Employee Benefits Awards 2017Virgin Money sees mean gender pay gap narrow to 32.5%European court hands down opinion on unpaid and untaken leave for workersAustralian minimum wage to rise ...
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OpinionLovewell's logic: Can we ever really plan for disaster?
Since Wednesday morning, many of us will have been following the news of the tragic fire at Grenfell Tower in west London. Since the news broke and the scale of the disaster became apparent, social media and public forums have been inundated with offers of help for those involved, from ...
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ArticleFamily offers £50,000 salary for live-in nanny at haunted house
Something for the weekend: When looking for a new job, an attractive salary can certainly be a deciding factor to help narrow down what roles to apply for. One family is offering a stand-out salary of £50,000 a year for a live-in nanny. Not only will the successful candidate have ...
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Article41% offer health cash plans to staff
Two-fifths (41%) of employer respondents offer health cash plans to staff, according to research by Simplyhealth.Its Health and wellbeing benefits guide 2017, which surveyed 512 employers and 2,509 employees, also found that 54% of employer respondents do not know what the top three health and wellbeing priorities are for their ...
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Article78% saved into a workplace pension in 2016
More than three-quarters (78%) of eligible employees saved into a workplace pension in 2016, compared to 75% in 2015, according to research by the Department for Work and Pensions (DWP).Its Workplace pension participation and savings trends of eligible savers official statistics: 2006 to 2016 report, which is based on analysis ...
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ArticleVirgin Trains to invest £700,000 a year in mental and physical wellbeing support
Train operator Virgin Trains has signed the Time to Change pledge, committing to invest over £700,000 a year to improve the mental and physical wellbeing of its employees.As part of the pledge, Virgin Trains has committed to educating more than 3,000 employees in how to recognise mental health issues in ...
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OpinionCatherine Rickard: How can employers support financially stressed employees?
A culture of ‘spend today, rather than save for tomorrow’ is affecting many employees’ wellbeing and productivity. Institute for Employment Studies (IES) and Chartered Institute of Personnel and Development (CIPD) research, the Employee financial wellbeing report, published in January 2017, confirmed this by showing that one in four employees report ...
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OpinionMonica Kalia: Overcoming the workplace disconnect on financial wellness
Nearly one in four employees think their employer does not care about their financial wellness. Yet three-quarters of employers believe that they do. Over half (56%) of employers think that they help their employees with their ability to manage money, but 39% of employees say that their workplace offers poor ...
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Case StudiesLondon City Airport offers benefits to increase employees’ financial confidence
London City Airport implemented a suite of financial wellbeing benefits to broaden its approach to employee health and wellbeing, and support staff who are struggling with their finances.An internal research project, delivered in conjunction with Barclays in 2014, used focus group interviews and an engagement survey to find that 22% ...
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ArticleDebbie Lovewell-Tuck: Welcome to Financial Wellness Week
Welcome to Employee Benefits’ Financial Wellness Week in association with Neyber.The importance of financial wellness on the corporate agenda was cemented last week with the appointment of Guy Opperman as parliamentary under-secretary for pensions and financial inclusion at the Department for Work and Pensions (DWP). This position replaces that of ...
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AnalysisWhat impact do financial pressures have on employees' physical and mental health?
Need to know:Employees will have varying financial concerns depending on their life stage and personal circumstances.Financial pressures could lead to an increase in presenteeism; staff may feel unable to take time off, yet financial worries can prevent them from concentrating while at work.Creating a supportive workplace environment is vital for ...
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ArticleEXCLUSIVE: 76% cite budget as biggest barrier to launching new benefits
EXCLUSIVE: Around three-quarters (76%) of employer respondents cite budget as the biggest barrier to introducing benefits they would like to offer, according to research by Employee Benefits and Staffcare.The Employee Benefits/Staffcare Benefits research 2017, which surveyed 271 employer respondents in February-March 2017, also found that the percentage of respondents citing ...
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ArticleGlasgow City Council is refused appeal in equal pay case
Scotland's Court of Session has refused Glasgow City Council's appeal bid in a long-running equal pay case.Around 6,000 female staff brought equal pay claims against Glasgow City Council, arguing that pay protection measures that had been implemented as part of a pay re-structure to equalise men and women’s pay discriminated ...
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ArticleContinental enhances leave and flexible-working benefits for US staff
Technology and tyre manufacturing organisation Continental has enhanced the leave and flexible-working benefits available to its 18,000 US staff, including extending its parental leave policies and introducing sabbatical leave.The enhanced maternity leave will allow new mothers to take an additional two weeks off work to spend with their newborns. The ...
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Article30% of private sector staff do not know if they are being rewarded equally
Less than a third (30%) of private sector employee respondents do not know if they are paid or rewarded equally in relation to their colleagues, compared to 17% of public sector employee respondents, according to research by professional services organisation Badenoch and Clark.Its Inspiring inclusion in the workplace report, which ...
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Analysis
Infographic: Employee borrowing versus employer perceptions
An infographic looking at where employees are borrowing and employers' perceptions of employee borrowing. (Source: Neyber’s The DNA of financial wellbeing 2017 report, published in May 2017).!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script"),d=o[0],r=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=r+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var a=e.createElement("script");a.async=1,a.id=s,a.src=i,d.parentNode.insertBefore(a,d)}}(document,0,"infogram-async","//e.infogr.am/js/dist/embed-loader-min.js");
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OpinionMartin Bartlam: Blockchain technology advances can enhance the pensions experience
Imagine you can look up the balance of your benefits at any time, perhaps making a payment or adjusting an investment allocation.You may think that it is not very exciting to have instant access to your pensions statements. But what you are looking at is your asset pool, not a ...
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Supplier article
Voluntary benefits mean Xexec becomes awards finalist
Xexec has announced that it has been selected as a finalist in this year’s Workplace Savings & Benefits (WSB) Awards for voluntary benefits. These awards recognise excellence among employers and providers, acknowledging those that have done the most to help employers and their staff over the past year.Xexec’s new suite ...