All Employee Benefits articles in Web Issue – Page 1118
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ArticleBEIS committee to question employers on gender pay gap
The Business, Energy and Industrial Strategy Committee is to question organisations on what actions they are taking to address the gender pay gap.The select committee was appointed by the House of Commons to examine the administration, expenditure and policy of the Department for Business, Energy and Industrial Strategy (BEIS).This particular ...
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ArticleOnly 15% of manufacturing organisations assess mental health risks
Although over 60% of manufacturing organisations carry out a physical risk intervention, less than 15% currently assess risks to mental health, according to research published by Westfield Health and manufacturers' organisation, EEF, and carried out by the Institute of Employment Studies (IES).The Unlocking employee productivity: The role of health and ...
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ArticleEmployee Benefits' Benefits Research 2018
Click to download the Employee Benefits' Benefits research 2018The Employee Benefits' Benefits research 2018 was conducted in March 2018 among readers of employeebenefits.co.uk. It received 172 responses.This report is aimed at helping compensation, reward and benefits professionals understand the key issues driving current benefits strategies, as well as issues shaping ...
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OpinionHina Belitz: What employers need to know about settlement agreements
When employers are faced with potential claims from their employees it is quite common for them to enter into settlement agreements to resolve the dispute. However, not every claim can be resolved in this way. Some can only be settled through The Advisory, Conciliation and Arbitration Service (Acas), by using ...
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Article37% believe stress-related absence has increased over past year
More than one-third (37%) of respondents report that stress-related absence has increased over the past year and only 8% have seen a decrease, according to research by Chartered Institute of Personnel and Development (CIPD) and SimplyHealth. The Health and wellbeing at work report, which surveyed 1,000 HR professionals, also found ...
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ArticleLuton Airport employees vote for strike action over pay
Employees who are members of trade union Unite and are directly employed by London Luton Airport, are planning to undertake strike action from Friday 25 May 2018 to 6.30 am on Wednesday 30 May 2018, in a dispute over pay and zero hour contracts.Unite members, including firefighters and security guards, ...
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ArticleShowcase success at the Employee Benefits Awards 2018
The Employee Benefits Awards and Summer Party 2018 is fast approaching, with the celebrated annual industry event now less than a month away.This year’s event will take place on Friday 8 June 2018, bringing together HR, benefits and reward professionals to recognise and celebrate innovative benefits strategies and programmes.The event, ...
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ArticleCrest Healthcare fined more than £20,000 for pensions non-compliance
Crest Healthcare and its managing director have been sentenced to pay more than £20,000 in fines after being found guilty of not complying with auto-enrolment duties, and of providing false information to The Pensions Regulator (TPR) about a workplace pension scheme.The Birmingham-based organisation and managing director Sheila Aluko each pleaded ...
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ArticleRegular pay increased by 0.4% in real terms since March 2017
Average regular pay for employees in Great Britain, excluding bonuses, increased by 0.4% in real terms between January to March 2017 and January to March 2018, according to research by the Office for National Statistics (ONS).Its UK labour market: May 2018 report also found that total pay, including bonuses, was ...
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ArticleNational Grid agrees £2bn pension longevity swap
Energy organisation National Grid has agreed to an intermediated longevity swap for its Electricity Group’s UK pension scheme, to counteract the cost risks associated with pensioners and future dependent members having longer life expectancies.The longevity swap, which has been completed with Zurich, has been arranged to cover the pensioner liabilities ...
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Supplier articleHelping your employees to Live Fit, Work Fit and Think Fit
Employee wellness has become a high priority on the corporate agenda as employers are recognising that a healthy workplace means a more productive and profitable workplace. Incorpore Ltd Director James Shillaker spoke last week at Elevate on the ‘Healthy workplace, healthy economy’ panel discussing the importance of wellness within a ...
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Supplier articleHow much should I pay for my reward and recognition programme?
By Jamie King, director of Global Reward Reward and recognition (R&R) is big business. According to industry research, organisations in the US alone spend $90bn a year on non-cash incentives. It’s easy to look at those figures and be put off by the cost but in truth, R&R programmes are ...
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Case StudiesNorthumbrian Water streamlines benefits access with single sign-in portal
Northumbrian Water has streamlined access to benefits with a single sign-in portal, making data security a key issue for the organisation.The water organisation has 3,100 employees spread across the north east of England (where it trades as Northumbrian Water) and Essex and Suffolk (where it trades as Essex and Suffolk ...
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Supplier articleInfographic: What respondents look for in benefits technology
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AnalysisHow technology is shaping the future of employee reward
Need to know:The delivery of benefits is becoming more mobile-optimised, with new technologies such as machine learning, artificial intelligence (AI) and blockchain waiting in the wings.Data and data analytics is playing an increasingly important part in the personalisation of reward.Communication, security and transparency remain key, especially amid concern and publicity ...
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ArticleKey Retirement Group promotes Alison Longley
Financial planning organisation Key Retirement Group has promoted Alison Longley from head of group people strategy to HR director.Longley, who is chartered with the Chartered Institute of Personnel and Development (CIPD), has also worked as head of HR and HR manager at Key Retirement Group.Prior to this, Longley worked as ...
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ArticleMarks and Spencer completes £1.4bn pensioner buy-in
Retailer Marks and Spencer has completed a £1.4 billion pensioner buy-in transaction for its defined benefit (DB) pension scheme.The buy-in transaction was completed with insurers Aviva and Phoenix Life using an umbrella master agreement. It has been designed to reduce longevity risk for a proportion of the pension scheme’s retired ...
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ArticleAl Jazeera English awards two-year pay deal to London staff
International news and current affairs television channel Al Jazeera English has offered its London-based employees a two-year pay deal, including a pay rise of up to 9%.Al Jazeera English employees have not received a pay increase in four years, according to trade unions.The deal will see employees receive a pay ...
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Article43% do not know if they can take sick leave for mental health reasons
Under half (43%) of respondents do not know whether they are allowed to take sick leave for mental health purposes, according to research by Powwownow.Its survey of 1,500 office-based British employees also found that 46% of respondents believe that receiving more recognition for the work that they have done would ...
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ArticleTop 10 most read stories: 10-16 May 2018
The top 10 most read stories on www.employeebenefits.co.uk between 10 and 16 May 2018 were: Employee Benefits' Benefits Research 2018Luton Airport employees vote for strike action over payEAT rejects Addison Lee's appeal in employment status caseAirsorted introduces 'pawternity leave' for new pet ownersBEIS committee to question employers on gender pay ...