All Employee Benefits articles in Web Issue – Page 109
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Supplier articleStop throwing pizza parties – 5 strategies to actually improve employee engagement
Stop throwing pizza parties. Pepperoni is delicious, but it won’t boost employee engagement. But you know what will? Listening to your team and implementing changes based upon their feedback. Here are five ways to do just that, and improve employee engagement while creating a happier, more high-performing ...
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Case StudiesBT boosts employees' pension knowledge with financial education programme
For the last 11 years, BT has rolled out a programme of financial education for its employees to help them plan for retirement. So far, it has been delivered to approximately 80,000 of its UK employees.Kerry Shiels, pension and benefits director at BT, says: “It is very important that employees ...
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AnalysisTop tips for boosting employees’ pensions knowledge
Need to know:Employers can tailor content and communication channels to different employee groups to help with their pensions knowledge.Losing the jargon will make the language of pensions easier to understand and more relevant to staff.They could invest in financial coaching for a more personal approach to pensions education.Workplace pensions are ...
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ArticleRSA Insurance to introduce equal parental leave
RSA Insurance is to introduce equal parental leave from January 2024 in order to add to its family-friendly provision.The new policy will offer all parents up to 52 weeks of equal leave, 26 of which will be fully paid.?It will apply to any employee with six months’ service, whose child ...
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ArticleBarrhead Travel introduces menopause champions
Barrhead Travel has launcheda dedicated team of menopause champions to support its 500 employees.The team comprises five volunteer employees that represent departments across the business. It includes staff who have experienced menopause, are currently going through menopause and passionate advocates.The team’s priorities will focus on education and advice for all ...
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ArticleTrue Fostering becomes employee-owned
Fostering, social work and adoption agency True Fostering has become an employee owned after setting up an employee ownership trust (EOT) for its workforce.True Fostering, which operates under the Centre of Excellence in Child Trauma umbrella, made the decision to transition to an EOT structure to position it as a ...
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OpinionElla Bond: The effects of a tribunal about dismissal regarding returning to office
In the legal case Follows v Nationwide Building Society, an employee was awarded almost £350,000 in compensation after successfully claiming unfair dismissal and indirect disability discrimination by association. The case serves as a stark reminder for employers to exercise caution when imposing mandates for employees to return to the office, ...
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Supplier articleSALARY SACRIFICE: MAKING EMPLOYEE BENEFITS COST-NEUTRAL
With 50% of employers planning to increase spend on financial wellbeing in place of offering wage increases and cost-of-living payments, it’s never been more important to make employee benefits sustainable. Salary sacrifice solutions can help to make employee benefits cost-neutral, freeing up the budget to utilise in ...
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Supplier articleTop 10 tips for managing money this festive season
“Managing money during the festive season can be a challenging time for employees, but some careful planning could allow individuals to enjoy the holidays without getting into debt.” says Jonathan Watts Lay, Director, WEALTH at work, a leading financial wellbeing and retirement specialist.To help with this, WEALTH at work has ...
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ArticleMedian monthly pay for October up 5.9% year-on-year
Median monthly pay for October 2023 has increased by 5.9% compared to the same period last year, to an estimated at £2,276, according to data from the Office for National Statistics (ONS).Its labour market figures published on 14 November revealed that regular pay growth fell to 7.7% year-on-year in the ...
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ArticleStandard Chartered receives Great Place to Work accreditation
Credit: MOZCO Mateusz Szymanski / Shutterstock.comBanking organisation Standard Chartered has been accredited as a Great Place to Work organisation in the UK.Great Place to Work recognises employers which have created an outstanding employee experience. In order to decide who receives certification, the organisation gathers employee feedback using its data-driven methodology, ...
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ArticleDisabled staff earn 15% less than non-disabled peers
Disabled workers earn 15% less than non-disabled staff, according to research by Trades Union Congress (TUC).Its findings, which were published on Disability Pay Gap Day (14 November), from which disabled people effectively work for free for the rest of the year, also revealed that the pay gap for disabled workers ...
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Article45% of employers think the new living wage rate is enough
Employee Benefits poll: Almost half (45%) of organisations think the new real living wage rates of at least £12 per hour go far enough to support employees, according to a survey of Employee Benefits readers.One-third (35%) said they did not think the new real living wage rates go far enough ...
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Supplier articleDiabetes prevention and management: How DocHQ's Health Checks support a balanced lifestyle
Keeping fit and healthy has myriad elements to it and, as important as your physical health is, keeping an eye on what’s going on inside your body is also key to living a healthy lifestyle. Tracking of health markers such as your vitamin and thyroid levels can ...
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Case StudiesWunderman Thompson provides medical and security benefits for staff working overseas
Part of global creative transformation agency WPP, Wunderman Thompson employs 20,000 professionals around the world, of which 650 are based in London. As part of their work with clients, employees can be based overseas on creative shoots, brand events and sports fixtures, with most of these assignments lasting up to ...
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Case StudiesCrawford and Company ensures employee safety is paramount when working overseas
Claims management provider Crawford and Company employs 10,000 people globally, including 1,350 UK employees. As the organisation responds to insurance claims around the world, overseas travel is part of many employees’ jobs.To give greater visibility of where employees are going, all travel is booked through one agency. Shaun Kelly, chief ...
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AnalysisWhat support can employers offer for expatriate staff facing natural disasters?
Rescue helicopter/Jaromir Chalabala/ ShutterstockNeed to know:Pre-assignment risk assessments and briefings can help an expatriate employee feel as prepared as a local if a natural disaster happens.Security risk management firms can support employees with information and support if they are affected by a natural disaster.Employers should check what is included in ...
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Poll: Does the living pension go far enough to meet basic retirement needs?
Take part in our latest readers’ poll on a current topical issue. Last week, Employee Benefits reported that Scottish energy firm SSE was accredited as a living pension employer to enable its workers to build a pension pot that will provide enough income to meet basic everyday needs in retirement.In ...
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ArticleDeutsche Bank completes £500 million pensions buy-in
Deutsche Bank has completed a £500 million buy-in for its UK pension scheme, its first to include deferred members.The transaction with Legal and General will secure the benefits of around 2,000 retirees and deferred members. Due to an existing umbrella contract with Legal and General, the buy-in was able to ...
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ArticleWHSmith commits to becoming fertility-friendly employer
Alex Stoneman Advertising Photography - www.alexstoneman.comWHSmith has committed to becoming a fertility-friendly employer by signing up for membership with Fertility Matters at Work.The retailer decided to gain the accreditation after several employees talked about their own fertility journeys and reached out to their line managers for support, as well as ...