All Employee Benefits articles in Web Issue – Page 1087
-
ArticleCMS reports a 17.3% mean gender pay gap
Law firm CMS has reported a 17.3% mean gender pay gap 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 April 2018.The ...
-
ArticleBT employees accept pay and pensions deal
BT employees who are members of the Prospect trade union have voted to accept a new pay and pensions deal.The agreed deal offers employees being moved from the organisation’s defined benefit (DB) pension scheme, the BTPS, to its defined contribution (DC) scheme, the BTRSS, a transitional payment. Furthermore, employer contributions ...
-
ArticleEsther McVey appointed secretary of state for work and pensions
Conservative member of Parliament (MP) Esther McVey has been appointed as the new secretary of state for work and pensions.McVey, who has been the MP for Tatton since June 2017, commenced her new role in January 2018 after the former minister, David Gauke, was appointed the secretary of state for ...
-
Supplier article
Is televised football ruining your health?
Football is everywhere and with the advancement of technology it is constantly available to its avid fans. However, excessive consumption of televised football not only encourages bad health habits but can also affect the emotional side of your life such as relationships with loved ones.Attending a game is slightly better ...
-
AnalysisHow can employers help employees understand pension investments?
Need to know:Employers can offer a variety of fund choices through their pension scheme that can include high-risk and low-risk options for employees.Employees can use an online risk profiler tool to ascertain their appetite for risk, which can inform their investment strategy to ensure it suits their needs.Financial education can ...
-
Case StudiesMotability uses face-to-face briefings to educate employees on pension investments
Harlow-based mobility charity Motability uses annual face-to-face briefing sessions to educate its 119 employees on pensions topics, including available pension investment options.Currently, employees have the opportunity to self-select their own pension investment fund away from the default option out of 57 available fund options.The voluntary briefing sessions, led by the ...
-
OpinionLouise Farrand: Pension investment costs are worth the price tag to assist retirement outcomes
The future is defined contribution (DC). As defined benefit (DB) schemes close, over eight million people are now saving into defined contribution (DC) schemes because of auto-enrolment, according to the Pensions Regulator’s Declaration of compliance report, published in July 2017.Two factors particularly affect DC savers’ retirement outcomes: contribution rates and ...
-
AnalysisInfographic: What generation is most likely to select their own pension investment fund?
An infographic showing how many employees from different generations have selected their own investment fund rather than stayed in their pension scheme’s default fund.!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","https://e.infogram.com/js/dist/embed-loader-min.js");
-
Supplier articleDon't just measure employee engagement, increase it
By Sevil Rahimova, Head of ProductAs the Head of Product and a former Creative Director, I am obsessed with how things look. But more than the appearance of our products and our brand, I care about how people interact with all of these pieces of the puzzle.If you don’t know ...
-
ArticleTenet Group reports a 28% mean gender pay gap
Financial advice organisation Tenet Group has reported a 28% mean gender pay gap 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 ...
-
ArticleAverage median HR salary in UK is £47,919
The average median salary for HR professionals working in the UK is £47,919 a year, according to research by Croner Reward.Its HR salary survey, which surveyed 316 organisations with 1,427 job roles, also found that HR professionals’ salaries across the UK are up to 24% less than median HR salaries ...
-
ArticlePeople Value acquires Remus Rewards
Motivation and employee engagement provider People Value has acquired UK-based reward and loyalty organisation Remus Rewards.Remus Rewards, which was founded in 2011, is a UK provider of programmes and technology designed to enhance employee or employer value proposition, improve performance, and increase employee loyalty. The employee reward and loyalty organisation ...
-
ArticleTop 10 most read stories: 4-10 January 2018
The 10 most read stories on www.employeebenefits.co.uk between 4 and 10 January 2018 were: McDonald's recommends pay increase for 115,000 UK staffNew York introduces paid family leave for all private sector employeesWunderman UK launches wellbeing programme for London staffEXCLUSIVE: 71% of US employers see wellbeing as a driver of workplace ...
-
ArticleConfessions of a benefits manager: Candid completes a performance review
For once, I have not been involved in the performance review project, so I feel perfectly at liberty to complain about it. Everyone hates performance reviews; that is unless you get a super high rating and a special bonus to match. Otherwise, it is just another niggling task to complete ...
-
ArticleFlorida state park seeks mermaids for flexible-working roles
Something for the weekend: Weeki Wachee Springs State Park is recruiting for mermaids to work flexible-working patterns at its location in Florida.The park, which is holding interviews and auditions on 13 January, is expecting approximately 200 would-be mermaids for the sought-after position.As well as having an unusual job title to ...
-
ArticleEmployee Benefits Awards 2018 entry deadline extended
The Employee Benefits Awards 2018 entry deadline has been extended to Wednesday 31 January 2018.HR, benefits and reward professionals still have time to enter the annual Employee Benefits Awards, which celebrates best practice and innovation in the industry, as well as showcasing the benefits strategies that have impacted on and ...
-
ArticleWalmart to increase pay and expand family-friendly benefits in US
US-based retail organisation Walmart is to increase pay for employees paid on an hourly basis, as well as expand its family-friendly benefits offering to introduce a new adoption support benefit.The pay rise, which will be effective from the organisation’s 17 February 2018 pay cycle, will see all employees that are ...
-
ArticleDominic Chappell convicted of withholding information from TPR on BHS
Dominic Chappell, the majority shareholder of Retail Acquisitions, the organisation that bought BHS for £1, has been found guilty of failing to provide information to The Pensions Regulator (TPR) during the sale of the British retail organisation.Under section 72 of the Pensions Act 2004, Chappell was legally obliged to provide ...
-
Article2018 retirees expect an average annual income of £19,900
Employees planning to retire in 2018 are expected to receive an average annual income of £19,900, according to research by Prudential.Its Class of 2018 report, which surveyed 9,896 non-retired UK adults aged 45 or more, including 1,000 UK adults who plan to retire this year, also found that employees planning ...
-
ArticleMTC appoints Sanderson
The Manufacturing Technology Centre (MTC) has appointed Vicki Sanderson as HR director.Sanderson, who is a member of the Chartered Institute of Personnel and Development (CIPD), started in this newly-created position in January 2018, which includes a seat on MTC's board.Sanderson has previously held similar roles at aircraft modification and maintenance ...