All Employee Benefits articles in Web Issue – Page 1115
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OpinionChris Morgan: Key themes for employers in 2018
Every year reinsurer Swiss Re publishes a report on the group protection market, Group watch. On the face of it, more interesting to industry insiders rather than employers, there are a couple of key themes which may be of interest to employers when considering future changes to their benefit programmes.Excepted ...
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AnalysisWhat does a modern group risk strategy look like?
Group risk benefits, such as life insurance and income protection, have been around for close to 200 years. And, while their objective has not changed significantly, employers are now using them in a much more strategic way.Rather than provide group risk products simply as a perk or to match competitors, ...
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Supplier article
Protecting employees from mental health adversity
Anxiety and depression has hit a record high amongst workers in the UK with one in six currently experiencing some form of mental health problem. This can have a big impact on businesses with more than 12.5 million working days lost in 2016/17 due to work-related stress, depression and anxiety ...
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Article£1.6bn paid in group risk claims in 2017
Just over £1.6 billion was paid out by the group risk industry over 2017, showing a £120.5 million increase on payments made in 2016, according to research by industry body Group Risk Development (Grid).The research, which is based on claims data from Grid’s provider members, also found that 25,906 claims ...
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ArticleFitFlop, Skyscanner and Xiros shortlisted for Best healthcare and wellbeing benefits
FitFlop (pictured), Skyscanner, Trowers and Hamlins and Xiros are among the organisations that have been shortlisted in the Best healthcare and wellbeing benefits, small employer category at the Employee Benefits Awards 2018.This award, sponsored by Simplyhealth, recognises the most effective healthcare and wellbeing strategies that have been implemented by organisations ...
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ArticlePure Planet equalises maternity and paternity benefits
Renewable energy supplier Pure Planet has equalised its maternity and paternity benefits, enabling both mothers and fathers to take up to 52 weeks of leave to care for a new child at an enhanced pay rate.Pure Planet has been operational for just over six months. It previously had statutory parental ...
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Supplier article
How to maintain a healthy diet at work
When busy at work, a healthy diet can become a bit of an afterthought. A balanced diet is essential as your body needs proper nutrition to function properly. The nutrients in food can help repair cellular damage, fuel your body with vitamins and minerals, promote a healthy immune system and ...
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AnalysisThe role of group risk benefits in a mental wellbeing strategy
Need to knowMental health is often the number one reason for claims under group income protection.Many of these can be prevented through proactive and early intervention.Offered in conjunction with comprehensive early intervention services, EAPs can provide employees with access to the vital support they need.Mental wellbeing in the workplace is ...
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Case StudiesAssurant offers healthcare support as part of mental wellbeing strategy
Assurant is a global provider of risk management solutions, with 15,000 employees. Across Europe, Assurant has 1,300 employees, of which 1,100 are based in the UK. The organisation’s mental wellbeing strategy ensures that its employees have prompt access to healthcare and support and, importantly, is woven within its overall employee ...
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OpinionKatharine Moxham: Why group risk protection benefits tick all the boxes
Given that the government is drawing back, no one should be without a way to protect their own financial stability and that of their family, especially because according to the Office for National Statistics' (ONS’) Quarterly sector accounts, UK: October to December 2017, published in xx the UK household’s savings ...
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AnalysisWhat health and wellbeing lessons can employers learn from professional athletes?
Need to know:Employers can implement resilience training to educate employees on how to cope with mental and physical stress.Encouraging recovery time and regular breaks during the working day can help employees optimise their productivity.Line managers can align themselves to sports coaches to signpost health and wellbeing interventions to employees where ...
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ArticleMcDonald’s employees strike in dispute over pay
Employees of restaurant organisation McDonald’s who are members of The Bakers Food and Allied Workers Union (BFAWU) are undertaking strike action today (Tuesday 1 May 2018) in a dispute over pay, trade union recognition and fixed hour contracts.BFAWU members who work across five McDonald’s restaurants, based across Cambridge, Crayford, Manchester ...
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ArticleDefined benefit pension funding deficit falls to £200bn as of April 2018
The funding deficit for defined benefit (DB) pension schemes in the UK has fallen to £200 billion at the end of April 2018, 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 ...
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Article
The benefits at Three UK
The benefits at ThreePension Non-contributory group personal pension for retail employees, with 3% employer contribution. Group personal pension scheme for head-office staff, with 2% employee contribution and 8% from Three.Healthcare Private medical insurance for management-level staff and above. Available to all staff through flexible benefits scheme. Income protection for senior ...
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ArticleGroendyke Transport awards drivers 9.4% pay increase
North American tank trunk transportation organisation Groendyke Transport has awarded a 9.4% increase in its average hourly non-revenue pay rates for its 1,321 drivers as part of an initiative to create a sustainable pay model.The pay changes, effective from May 2018, also include an increase in mileage pay of $0.06 ...
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ArticleHermes faces legal action over couriers’ employment status
Logistics organisation Hermes is facing legal action over its couriers' employment status and entitlement to employment rights, such as holiday pay and the national minimum wage.The legal action started on Monday 30 April 2018, and has been brought by trade union GMB on behalf of eight couriers, currently labelled as ...
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OpinionJoanna Mason and Anna Henderson: What is next on the to-do list for gender pay gap reporting?
Now that the dust has settled on the first gender pay gap reporting deadline, HR professionals could be forgiven for breathing a sigh of relief that the storm has passed, hopefully with little damage. Certainly, the thousands who adopted the tactic of waiting until the last minute to publish may ...
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ArticleEmployment Appeal Tribunal rules against Leicestershire Police on parental pay comparisons
The Employment Appeal Tribunal (EAT) has ruled that a police constable was subject to indirect sex discrimination, only being able to take shared parental leave at the statutory rate of pay, whereas female constables have the option of taking enhanced maternity leave at full pay.In Hextall v Chief Constable Leicestershire ...
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ArticleRoyal Mail Group and Three UK shortlisted for Best mental health strategy
Royal Mail Group (pictured), SAP and Three UK are among the organisations that have been shortlisted in the Best mental health strategy category at the Employee Benefits Awards 2018.This award, sponsored by Legal and General, recognises employers that have made a concerted effort to support employees’ mental health, such as ...
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Supplier articleUK Employee Benefits Watch 2018 Report
Thomsons Online Benefits’ latest UK Employee Benefits Watch 2018 report explores the critical role that benefits play in creating the ultimate connection with employees.Download the report to:Uncover the critical elements of a market leading UK benefits strategyFind out how UK employers have created a connected benefits ecosystem that allows them ...