All Employee Benefits articles in Web Issue – Page 1120
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ArticleSainsbury’s amends pay proposal for 130,000 store employees
Retail organisation Sainsbury’s has amended its pay proposal to increase base rates of pay for 130,000 store employees as a result of feedback from its staff consultation process.Alongside the organisation's internal staff consultation, Sainsbury's is also receiving employee feedback via an ongoing online petition. The petition, organised by an affected ...
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Article28% value additional holiday and flexible working over a pay rise
More than a quarter (28%) of respondents value additional holiday days, sabbaticals and flexible working hours as employee benefits, over receiving a pay rise, according to research by SmallBusinessPrices.co.uk.Its survey of 2,000 UK employees also found that 29% of respondents aged between 18 and 24 would consider applying for a ...
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ArticleUK has a 31% pension gender gap
The UK has a 31% pension gender gap, with an average female pension pot of £16,083 compared to the average male pension savings of £23,416, according to research by PensionBee.Its analysis of 5,098 individuals who save into PensionBee pensions also found that the gender gap in Northern Ireland is 76%, ...
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OpinionPaula Rome: What do employers need to take stock of for employee benefits in the next year?
One of the continuing areas of concern for employers is employee retention, increasing productivity and reducing absence. The concentration on wellness and how benefits can be used to assist with these concerns will be on employers’ minds. As well as the traditional benefits, such as employee assistance programmes (EAPs), private ...
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Supplier article
Forget default pathways, we need guidance pathways first
The Work and Pensions Committee has recently recommended that every pension provider which offers drawdown should be required to offer a default decumulation pathway by April 2019.Jonathan Watts-Lay, Director, WEALTH at work, comments: “I find the idea of defaulting members into something without a positive choice being made extremely worrying ...
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Supplier article
The benefits of a healthy workplace for employers
Health and wellness has become a priority on the corporate agenda with companies realising the benefits of implementing wellness initiatives. Incorpore recognises that healthy employees are good for business therefore we have launched a new wellness proposition. Your Wellness Hub is a collaboration of some of the key wellness providers ...
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Supplier article
Best foods to eat to keep calm at work
When you are next feeling stressed at work, try eating calming foods throughout the day to help you relax. Avoid turning to comfort foods to feel better, there are a wide variety of healthy foods out there that have stress-relieving effects and won’t damage your health.Asparagus: Containing folic acid, Asparagus ...
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ArticleTricuro awards two-year pay deal to 1,500 employees
Council-owned social care organisation Tricuro has awarded its 1,500 Dorset-based employees a two-year pay deal, which includes annual pay increases of 2% and the introduction of a new national pay band.The pay deal, which runs between 1 April 2018 and 31 March 2020, was agreed between the Local Government Association ...
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Article53% are not comfortable discussing family-related matters with their employer
Over half (53%) of respondents would not feel confident discussing family-related issues with their employer, according to research by Working Families and Bright Horizons.Modern families index 2018: how employers can support the UK’s working families, a report which surveyed 2,761 working parents in the UK, also found that around 23% ...
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ArticleLloyds Banking Group and Valero Energy shortlisted for Best employee share schemes
Banking organisation Lloyds Banking Group (pictured) and fuel supplier Valero Energy have been shortlisted in the Best employee share schemes category for the Employee Benefits Awards 2018.This award celebrates employers who have implemented an effective employee share scheme for their staff.The full category shortlist is:Lloyds Banking Group, Colleague Group Ownership ...
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AnalysisEmployee engagement in numbers
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OpinionSir Cary Cooper: Employee engagement and wellbeing at work
Employee engagement has been the buzzword of the last 15 years, as HR has been looking for the magic bullet that will transform British businesses in terms of their poor productivity performance and high levels of workplace stress.The problem is that, over this period, we have scarcely moved on the ...
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Supplier article10 ideas to prove the ROI of employee engagement
By Michael Reitsma, Client Success Director As part of our Client Success team, I work with dozens of clients every day. A key part of my job is helping them continue to prove the ROI of employee engagement to their boss.We look at a lot of factors, including turnover and ...
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Case StudiesVirgin Trains conducts in-depth investigation into employee experience
From 2006 to 2015, Virgin Trains conducted traditional annual engagement surveys. However, the process itself wasn't necessarily engaging, says Den Carter, head of colleague communication and engagement. "People were really highly engaged and really passionate about what they do, but saw doing that kind of survey as a duty," he ...
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AnalysisHarnessing employee insights to improve engagement strategy
Need to know:Annual surveys are a popular choice for gathering employee insights, when used effectively and alongside other methods.Online forums, social media and digital platforms can provide easy, anonymous methods, but face-to-face conversation is still important.Empowering local managers to enact change is an important aspect of effective follow-up after canvassing ...
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ArticleUber to implement paid protection benefits for 150,000 drivers
Taxi and delivery organisation Uber is to introduce paid protection benefits and one-off life event payments for 150,000 independent contractors across the UK and Europe.The new funded benefits, effective from 1 June 2018, have been designed to help provide Uber drivers with greater financial security to ensure that life events, ...
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ArticleJohn Lewis Partnership launches housing rental benefit for 85,500 staff
Retail organisation John Lewis Partnership has launched a property rental benefit for its 85,500 John Lewis and Waitrose employees, in order to support staff financial wellbeing.The new benefit, provided by Canopy, was introduced on 18 May 2018 and enables employees to rent accommodation without a cash deposit, as well as ...
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Article47% believe they have a good selection of employee benefits
Under half (47%) of respondents believe they have a good selection of employee benefits to choose from, according to research by Thomsons Online Benefits.Global employee benefits watch 2018/19: giving employees a voice on global reward and benefits surveyed 2,200 employees in organisations of 4,000 or more employees in the UK, ...
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Supplier articleHow to create your people strategy using employee feedback
By Robert Hicks, Group HR DirectorFeedback is an important part of life. Without it, our connections would be incomplete. Communicating with people is how we learn to improve things, create efficiencies or bring people closer together. The same goes for in the workplace – you need to openly communicate with ...
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Article
Poll: Should more employers support employees with rental deposits and housing costs?
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