All Employee Benefits articles in Web Issue – Page 1034
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Article47% start to save for retirement due to a life stage event
Almost half (47%) of global respondents start to save for retirement because of a life stage event, according to research by Aegon.Its Successful retirement: healthy ageing and financial security report, which surveyed 14,400 employees and 1,600 retired individuals across 15 countries, also found that 32% of global respondents who expect ...
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ArticleTop 10 most read stories this week 28 June
The top 10 most read stories on www.employeebenefits.co.uk between 22 and 28 June 2017 were: Tesco to increase hourly pay to £8.42 for store staffJP Morgan employee files sex discrimination charge over parental leave policyStarbucks UK enhances rental deposit loan schemeGovernment to implement General Data Protection Regulation through Data Protection ...
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ArticleLouise’s lowdown: Breaking down taboos in all aspects of workplace health
Tackling taboos around mental health in the workplace is a frequently discussed topic on Employee Benefits. If employees feel unable to discuss mental health or managers feel uncomfortable broaching the topic in an empathetic and helpful manner, then this can hamper efforts to ensure staff access appropriate support.A number of ...
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ArticleChiswick Park based-staff take on 300m zip wire
Something for the weekend: Employees based at Chiswick Park were given the opportunity to ride a 300 metre zip wire across the London business park on 23 June 2017.The activity was available to the 9,000 employees at the site, which includes organisations such as Aker Solutions, Danone, Discovery, Ericsson, Foxtons, ...
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ArticlePetrofac promotes Duthie
Oil and gas organisation Petrofac has promoted Rebecca Duthie to HR advisor.Duthie, who has an MSc in human resource management, has previously held numerous roles at Petrofac including senior HR coordinator, HR graduate, HR administrator, and HR placement student.
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ArticleDebenhams hires Hyndman
Retail organisation Debenhams has hired Sally Hyndman as its new group HR director.With 30 years of industry experience, Hyndman’s previous positions include group HR director at Dixons Carphone, director at SH Interims, HR director at Ask Restaurants, and strategy and change manager at Marks and Spencer.
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ArticleDaley joins British Steel
Julian Daley has joined steel products organisation British Steel as reward and recognition manager.In this position, Daley is responsible for the day-to-day management of the organisation’s reward and recognition offering, including the delivery of the total reward framework in alignment with British Steel’s values and business strategy.Daley joins from Arla ...
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ArticlePWC narrows its mean gender pay gap to 13.7%
Professional services organisation PricewaterhouseCoopers (PWC) has seen its mean gender pay gap narrow from 15.2% in 2016 to 13.7% for hourly fixed pay at April 2017.PWC has reported its snapshot data for 5 April 2017 in compliance with gender pay gap reporting regulations, which includes publishing the data on the ...
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ArticleBentley agrees 6.5% pay increase for Cheshire-based staff
Luxury car manufacturer Bentley has agreed a 6.5% pay increase for more than 2,000 employees based in Crewe, Cheshire, as part of a new pay deal.The pay deal, which was negotiated with trade union Unite, will be backdated to 1 January 2017. The deal will see employees’ working hours reduced ...
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ArticleMicrosoft rolls out global family caregiver benefit
Technology organisation Microsoft has launched a paid family caregiver benefit for its employees worldwide.The new benefit allows employees to take up to four weeks of fully-paid leave in order to care for an immediate family member with a serious health condition.Microsoft launched the family caregiver leave for its US employees ...
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Article
Top tips to maximise voluntary benefits take up
Infographic for second item on alert (to be made into a separate post and linked to from here)Infographic for third item on alert (to be made into a separate post and linked to from here)
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ArticleDefined benefit pension funding deficit falls to £460bn
The funding deficit for defined benefit (DB) pension schemes in the UK was £460 billion at the end of June 2017, according to research by PricewaterhouseCoopers (PWC).Its Skyval index, which is based on data relating to 5,800 DB pension funds and collected through the Skyval pensions platform used by trustees, ...
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ArticleJohns Hopkins University enhances family-friendly benefits
US-based Johns Hopkins University has enhanced its family-friendly benefits, introducing a new paid parental leave benefit and increasing the financial assistance offered to adoptive parents.The new paid parental leave benefit, effective from 1 July 2017, will enable birth and adoptive mothers and fathers to take four weeks of leave at ...
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ArticleFinancial Ombudsman Service gains living wage accreditation
The Financial Ombudsman Service has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying its 3,413 employees at least the voluntary living wage rate of £8.45 an hour, or £9.75 an hour for employees working in London. The new wage rate will ...
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Article25% cite a company car as the deciding factor when taking a job
A quarter (25%) of employee respondents cite access to a company car as the deciding factor when taking a job, according to research by vehicle supply organisation OSV.Its survey of 676 employees and 180 employers also found that 54% of employee respondents view a company car as the best benefit ...
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Article
Buyer's guide to health cash plans
The factsWhat are health cash plans?Health cash plans are a low cost way to provide employees with financial assistance towards the cost of everyday healthcare. Plans offer a set amount of benefit each year for items such as optical and dental care, physiotherapy and specialist consultations, with employees paying for ...
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Analysis
Infographic: How do employers provide personalised total reward statements to staff?
An infographic looking at how personalised total reward statements are provided to employees (Source: Employee Benefits/Staffcare Benefits research 2017, published in May 2017).Read more in: Do total reward statements truly engage employees?!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script")[0],d=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=d+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var r=e.createElement("script");r.async=1,r.id=s,r.src=i,o.parentNode.insertBefore(r,o)}}(document,0,"infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");
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AnalysisDo total reward statements truly engage employees?
Need to know:Focusing on the value staff can derive from their total reward package rather than the cost to the employer can increase the relevancy that total reward statements (TRS) hold for employees.Online TRS can provide staff with up-to-date information and anytime access.Going beyond pay and benefits to include broader ...
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Case StudiesNorton Rose Fulbright offers total reward statements through online portal
Law firm Norton Rose Fulbright provides staff with anytime access to their total reward statements (TRS) through its reward and benefits platform.The organisation introduced the benefits platform, provided by Thomsons Online Benefits, in January 2016. Employees can make their flexible benefits selections through the portal, as well as access other ...
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ArticlePinsent Masons, RBS and Vodafone among 2017’s Top Global Employers for LGBT staff
Accenture, Herbert Smith Freehills, Pinsent Masons, RBS (pictured), and Vodafone are among the 12 global organisations that have been named as 2017's Top Global Employers for lesbian, gay, bi and trans (LGBT) employees by LGBT equality charity Stonewall.The list recognises organisations that create inclusive workplaces and advance equality for LGBT ...