All Employee Benefits articles in Web Issue – Page 1122
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Case StudiesThe benefits offered by Skyscanner
The employee benefits offered by Skyscanner:Pension and group riskGroup personal pension scheme. Matching contributions for all staff.Life assurance.Income protection.Will writing.Health and wellbeing Private medical insurance.Health screening.Employee assistance programme (EAP).Gym membership.Bikes-for-work scheme.Headspace subscription.Work-life balance32 days' holiday as standard, which includes bank holidays as staff can work on public holidays.Employees can buy ...
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Case StudiesSkyscanner keeps employees engaged with bespoke benefits package
Leading global travel search site Skyscanner has found a number of ways to keep its employees at the heart of its strategy; ensuring they remain engaged and happy as well as reflecting its business objectives.The organisation has made significant changes to its flexible benefits package and launched Your World in ...
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ArticleBank of America Merrill Lynch and Deloitte shortlisted for benefits for working carers
The Bank of America Merrill Lynch and professional services firm Deloitte (pictured) are shortlisted in the Best benefits to support working carers category at the Employee Benefits Awards 2018.This award celebrates employers that have effectively implemented benefits and strategies to support carers in the workplace.The full shortlist is:Bank of America ...
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ArticleAround 400,000 construction staff to receive two-year pay deal
Approximately 400,000 construction employees who operate under the Construction Industry Joint Council (CIJC) agreement will receive a two-year pay deal, effective from Monday 25 June 2018.The pay deal, which was agreed by trade unions Unite and the GMB, will see employees receive a 3.2% pay increase as of 25 June ...
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ArticleEXCLUSIVE: Countrywide changes employee share scheme for 8,300 staff
EXCLUSIVE: Property organisation Countrywide has amended its employee share scheme provision to launch a new sharesave scheme (SAYE) for 8,300 eligible UK employees.The new scheme, which was implemented in April 2018, has replaced the organisation’s previous share incentive plan (SIP). It offers eligible employees a three-year sharesave plan that enables ...
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Supplier article
Tips to improve your memory
Frustrated that you are frequently forgetting things or do you simply want to boost your brainpower? There are a couple of ways that can help to improve your memory and speed up your thought process.Don’t skip your workouts Physical activity helps to keep your brain sharp as it increases oxygen ...
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ArticleConfessions of a benefits manager: Candid is offered DNA testing
There is something noticeably creepy about cold callers from their first sentence. Perhaps it is the way they seize upon my name and keep waving it around like a talisman. Or maybe it is the way they keep asking how I am today so that I can almost hear the ...
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ArticleGoogle engineer builds foldable boat to get to work
Image credit: ConburstSomething for the weekend: When comparing journey times and routes for the daily commute, most employees expect to hear about packed train carriages or late-running buses. However, one New Jersey-based commuter has bolstered his wellbeing by skipping the traditional travel traps and building his own foldable boat.Tom Lutz ...
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ArticleTop 10 most read stories: 24-30 May 2018
The top 10 most read stories on www.employeebenefits.co.uk between 24 and 30 May 2018 were: John Lewis Partnership launches housing rental benefit for 85,500 staffEXCLUSIVE: Virgin Atlantic launches online financial education programmeSalesforce UK, Hilton and The Sovini Group named 2018's UK Best WorkplacesUber to implement paid protection benefits for 150,000 ...
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ArticleWalmart introduces tuition benefit for US staff
Retail organisation Walmart has launched a new tuition benefit for all US employees and eligible employee family members.The new benefit, which was implemented on 30 May 2018, has been designed as part of a broader approach to help employees succeed by facilitating easier access to a college education.The tuition benefit, ...
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ArticleEXCLUSIVE: Octopus Group sees 15% take-up of financial coaching benefit
EXCLUSIVE: Investment organisation Octopus Group has seen 15% of its 700 UK employees take up a financial coaching benefit in the first four weeks since it launched in March 2018.The benefit, provided by Hatch, was introduced to help employees improve their financial confidence, as a poll conducted in March 2018 ...
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ArticleShop Direct completes £880m pensioner buy-in
Retailer Shop Direct has completed an £880 million pensioner buy-in transaction for the Littlewoods Pensions Scheme.The buy-in transaction, completed with Scottish Widows, passes risks associated with approximately 60% of the defined benefit (DB) scheme’s liabilities to the insurer, and provides a monthly income to the trustee in order to meet ...
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Supplier articleWhat’s a good rate of engagement for my employee benefits scheme?
We work with a huge range of organisations and whether we’re talking to a global investment bank, a specialist charity or a fledgling startup, one of the first questions we’re asked is what sort of engagement rate employers should be looking to achieve with their employee benefits platform.Employee benefits schemes ...
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ArticleEmployee benefits professional of the year shortlist announced
The shortlist for the coveted Employee benefits professional of the year 2018 award has been unveiled.This award recognises in-house HR and benefits professionals who have made a significant contribution to their organisation and to the industry.The full category shortlist is:Tammy Davis, group head of benefits, TP ICAP (Previously Tullett Prebon)James ...
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Article79% state their employer does not provide bereavement support
More than three-quarters (79%) of respondents state that their employer does not offer or provide any internal or external bereavement support upon the return to work following the death of a baby, according to research by stillbirth and neonatal death charity Sands.The survey of 2,769 respondents included 89% bereaved parents, ...
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OpinionGeraint Jones: What to be aware of when using cryptocurrencies in benefits
There are more than 1,500 so-called ‘cryptocurrencies’, such as Bitcoin, in circulation now, and an increasing number of people are taking them as benefits.The risks are clear. A virtual currency is not backed by any state treasury, is hard to turn into ‘real money’, and exists only as a computer ...
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ArticleUniversity of Southampton to close defined benefit scheme to future accrual
The University of Southampton is to close its defined benefit (DB) pension scheme for non-academic staff to future accrual.The DB pension scheme, The Pension and Assurance Scheme for Non-Academic Staff (PASNAS), will close to new members as of 31 December 2018. Eligible employees joining the university staff will instead be ...
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Supplier article
5 common pitfalls of employee recognition and how to avoid them
Recognising and rewarding the performance of employees is vital for creating a positive company culture. Regular real-time feedback has been shown to have a great impact on employee motivation and productivity but there are still a number of common mistakes that businesses often make which can limit the effectiveness of ...
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AnalysisInfographic: How does responsible investing influence how members feel about their pension?
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OpinionVivek Roy: How can employers incorporate ESG into their pension investment portfolio?
When employers are busy with the day job it can be hard enough to keep on top of their workplace pension scheme, without worrying about the way members’ money is invested. However, organisations could be missing an opportunity to put the money to better use and engage staff in the ...