All Employee Benefits articles in Web Issue – Page 1078
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ArticleAverage advertised UK salaries increase by 0.8%
The average advertised salary in the UK increased by 0.8% from £31,929 in September 2017 to £32,174 in October 2017, according to research by Adzuna.Its UK job market report: November 2017, which analyses online job vacancy data in the UK from over 500 sources, also found that the average advertised ...
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ArticleFirst Group consolidates Local Government Pension Scheme assets to create £1bn fund
Transportation organisation First Group has consolidated its pension scheme assets across three Local Government Pension Scheme (LGPS) arrangements to create a £1 billion fund.The organisation will consolidate its pension schemes’ assets by transferring £700 million from the West Yorkshire LGPS and the South Yorkshire LGPS into the Greater Manchester Pension ...
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Supplier article
Make your employee recognition programme a success with these five steps
Putting a recognition programme in place is the simple bit, making it a success is where the hard work comes in. Partnering with a provider who offers full-support will help, and so will the five magic steps which feature in this eBook written by Debra Corey, our Group Reward Director. ...
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ArticleWest End theatre employees accept three-year pay deal
Employees who work in London’s West End theatres and are members of the Bectu trade union have voted to accept a three-year pay deal.The pay deal, offered by employers’ body The Society of London Theatre (Solt), will be backdated to 2 October 2017 and include a 3.5% pay increase for ...
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Article44% of employers do not know what GDPR is
More than two-fifths (44%) of employer respondents do not know what the General Data Protection Regulation (GDPR) is, according to research by SD Worx.Its survey of 1,800 HR and payroll professionals across nine European markets also found that 55% of respondents who are aware of GDPR believe that the regulation ...
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Article43% want flexible working as part of their benefits package
More than two-fifths (43%) of employee respondents want access to flexible working arrangements as part of their employee benefits package, according to research by Hibob.Its Part two: powerful perks: what people really want report, which surveyed 501 UK employers and 4,001 UK employees, also found that 41% of employee respondents ...
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OpinionNigel Peaple: Employers need to support employees with pension choices
Automatic-enrolment has been extremely successful and there are now 13.5 million people who are active members of a pension scheme, according to the Office for National Statistics' (ONS) Occupational pension scheme survey, published in September 2017. This means that employers are making a substantial contribution to many workers' retirement aspirations. ...
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ArticleEXCLUSIVE: 39% do not offer an alternative to contributions for staff who reach allowance limits
Over one-third of respondents (39%) do not offer an alternative to pension contributions for staff who reach their annual or lifetime allowance limits, according to research by Employee Benefits and Nest.The Employee Benefits/Nest Pensions research 2017, which surveyed 254 employer respondents in September 2017, found that April’s 2016’s reductions to ...
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ArticleEU court rules workers are entitled to holiday pay for accrued annual leave
The Court of Justice of the European Union has ruled that a retired worker can claim holiday pay for both unpaid or untaken annual leave accrued during his 13-year tenure.In the case, King v The Sash Window Workshop and Dollar, King worked as a window salesman on a self-employed, commission-only ...
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Supplier articleHow your business's culture can impact employee wellbeing
Every business has a culture. It stems from the company’s values and attitudes and is reinforced by your most senior employees. The culture affects everything in your business and it becomes a blueprint for your employees of what’s expected and appropriate. Perhaps your culture embraces working from ...
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Supplier article
How to get the leadership support you need to help your people
Engaged employees drive ROI and are a huge competitive advantage. And while HR can shout it from the rooftops, it can still be a tough task to get your leadership team to give you full support for your HR initiatives.In this eBook, Group Reward Director, Debra Corey, offers insight on ...
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ArticleEXCLUSIVE: The ACCA launches online financial education programme
EXCLUSIVE: Global professional accountancy body the Association of Chartered Certified Accountants (ACCA) has launched an online financial education programme for its 900 UK employees.The financial education programme, provided by Nudge, was introduced in November 2017 to help improve the financial wellbeing of the ACCA’s London and Glasgow-based employees.Delivering a series ...
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ArticleKingston Smith reports a 7% mean gender pay gap
Accountancy organisation Kingston Smith has reported a mean gender pay gap of 7% for fixed hourly pay as at 5 April 2017.The organisation has reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ahead of the private sector submission deadline of 4 ...
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ArticleTop 10 most read stories: 23-29 November 2017
The 10 most read stories on www.employeebenefits.co.uk between 23 and 29 November 2017 were: How will the Autumn Budget 2017 impact pay and benefits?Government launches inquiry into collective defined contribution schemesBank of England reports a 21% mean gender pay gapBritish Embassy in Jordan hires its first diplocatEuropean Commission launches two-year ...
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OpinionPaul Quain: The chance to learn from equal pay experimentation in the US and UK
Equal pay laws have been around for decades, yet the gender wage gap persists. According to the US Census Bureau's Income and Poverty in the United States: 2015 report, published in September 2016, in the United States (US), women earn approximately 80% of the pay received by their male counterparts. ...
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Supplier article
How to size up your Reward and Recognition Budget for 2018 - webinar
Xexec are hosting the next in the series of Reward & Recognition webinars today:Thursday 30 November at 1pm-2pmThis webinar will seek to address the challenge of 2018 reward and recognition budget planning as well as provide some useful tips for innovation.Webinar summaryGiven the diverse nature of today's workforce, planning and ...
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ArticleGovernment launches consultation on the authorisation and supervision of master trusts
The Department for Work and Pensions (DWP) has launched a consultation on the draft regulations and policies for the authorisation process and supervisory regime for master trust pension schemes.The consultation, which will run until 12 January 2018, is seeking views on proposed draft regulations that will introduce an authorisation and ...
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ArticleConfessions of a benefits manager: The trials and tribulations of voluntary benefits
Big Bad Boss has leapt on another bandwagon. I just wish he would have his own ideas rather than simply recycling someone else’s. This week it seems his mantra is voluntary benefits and I know exactly where it originated. There’s a new Higher Being spreading discontent among the executive management ...
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OpinionRaman Sankaran: Is it time for eldercare to get the same recognition as childcare?
Growing old is as natural as being young. Yet, while most businesses have policies to support their employees’ childcare arrangements, eldercare is ambiguous or completely overlooked.Two-thirds of British adults believe organisations should redress this imbalance, giving eldercare the same support as childcare receives, according to the Simplyhealth/YouGov Everyday health tracker ...