All Employee Benefits articles in Web Issue – Page 1182
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ArticleGovernment to consult on extending discrimination protections for new parents
The Department for Business, Energy and Industrial Strategy (BEIS) has today (Friday 25 January 2019) launched a consultation that proposes to extend the current discrimination protections for pregnant women and new parents returning to work.The consultation, which will run for 10 weeks until 5 April 2019, suggests that the legal ...
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ArticleEXCLUSIVE: A third of employers provide financial education in-house
EXCLUSIVE: Approximately one-third (35%) of respondents provide financial education via internal departments or resources, according to research by Employee Benefits and Barnett Waddingham.Published in December 2018, the Employee Benefits/Barnett Waddingham pensions research 2018 report gathered 246 responses, and found that there have been substantial changes when it comes to the ...
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ArticleSavers have accessed £23.6 billion through pension freedoms
Retirement savers have accessed approximately £23.6 billion through pension freedoms since reforms were introduced in April 2015, according to data from HM Revenue and Customs (HMRC).Its Flexible payments from pensions: January 2019 report also found that the number of individuals who have received flexible payments from their pensions between the ...
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Supplier articleGet involved this "Time to Talk Day"
Time to Talk Day is designed to encourage everyone to talk about mental health. This years’ it is all about bringing together the right ingredients, to have a conversation about mental health. Whether that’s tea, biscuits and close friends or a room full of people challenging mental health stigma, we ...
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Supplier articleWhat we can learn from the world’s first $1 trillion company and their benefits
As of 2018, Apple have over 132,000 employees and became the world’s first $1 Trillion company. In 2018 they were named Indeed’s best UK employer as voted for by employees. So, what makes them so good to work for? Work culture, good rates of pay and free or discounted products ...
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ArticlePKF Cooper Parry named 2018’s Employee engagement company of the year
Midlands-based business advisers and accountancy firm PKF Cooper Parry has won Employee engagement company of the year at the 2018 UK and European Employee Engagement Awards.The Employee Engagement Awards (EE Awards) celebrate employers that have put workforce engagement at the heart of their business strategy. This year, winners spanned various ...
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Case StudiesDirect Line embeds mental health first aid to support employees in 2019
Insurer Direct Line has 17 offices and 20 accident repair centres in the UK, housing 10,300 employees overall. To support all of these staff members in the difficult early months of 2019, the organisation has worked to embed communication and support around mental health into its culture.Richard Stanbury, head of ...
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AnalysisBeating the blues: Supporting employees with their mental wellbeing in January
Need to know:January can be problematic when it comes to mental wellbeing, but it can also be a positive time to introduce new initiatives.Open communication around mental health, in addition to signposting towards official services and benefits, can create a positive culture.Employers can use mindfulness, yoga, breakout spaces and other ...
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Case StudiesEmerald gamifies positive behaviour to boost employee wellbeing
At publishing organisation Emerald, going into January means entering a busy period, with fresh targets and expectations.Melissa Fojt, social responsibility manager at Emerald, says: “During January and February, the people team has a real drive and focus on the mental health side [and there are] a lot of workshops and ...
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ArticleEXCLUSIVE: Learn how to tackle wellbeing globally at Employee Benefits Connect
EXCLUSIVE: Charlotte Frost, benefits and wellbeing manager, HR at asset management organisation Schroders will speak about how reward and benefits professionals can engage a worldwide employee base using a global wellbeing strategy at Employee Benefits Connect 2019.The session, titled 'Creating a workplace culture that fosters employee health and wellbeing', will ...
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ArticleHampshire Fire and Rescue Service signs charter to support terminally ill employees
Hampshire Fire and Rescue Service has signed the Trades Union Congress’ (TUC) Dying to Work charter, in order to offer greater security to employees who are living and working with a terminal illness.The voluntary charter forms part of the TUC’s wider Dying to Work campaign. This seeks to have terminal ...
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ArticleFCA to consult on protecting retirement income when accessing pension freedoms
The Financial Conduct Authority (FCA) yesterday (28 January 2019) launched a consultation on proposed measures designed to protect retirement income when individuals access pension freedoms.The consultation, which will be collecting feedback from stakeholders until 5 April 2019, proposes that pension scheme members who do not take financial advice should be ...
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OpinionJoanne Duck: Employment law changes on the agenda for 2019
As we embark upon a new year heaped with Brexit uncertainty, there is one thing we can be sure of: 2019 is set to be a busy year for employee benefits.On 17 December 2018, the government published the Good Work Plan, which it describes as 'the biggest package of workplace ...
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Supplier articleWhat should your health & wellbeing offering include?
It's around this time of year where people put new focus on their Health & Wellbeing. The most significant recent changes have been around the stigma around mental health issues, while there’s also been the introduction of a new age of fitness technology.There has also been an increasing onus on ...
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ArticleEXCLUSIVE: The majority of employers do not currently offer a Lisa
EXCLUSIVE: Most employers (78%) do not currently offer a Lifetime individual savings account (Lisa), according to research by Employee Benefits and Barnett Waddingham.The report, Employee Benefits/Barnett Waddingham pensions research 2018, which was published in December 2018 and gathered 246 responses, fount that only 3% of organisations offer employees a Lisa, ...
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ArticleBarclays, Fujitsu and Microsoft pledge to support disability inclusion
Barclays, Fujitsu and Microsoft (pictured) are among the first global employers to sign a new disability inclusion commitment, The Valuable 500, operated by global business campaign #valuable.The Valuable 500 is a year-long, global campaign that is asking 500 private sector employers to pledge to support disability inclusion and equality within ...
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ArticleAlmost two-fifths of employers do not view financial wellbeing strategies as a priority
Almost two-fifths (37%) of employer respondents that have no plans to implement a financial wellbeing strategy for staff state that this is because it is not a priority, according to research by Close Brothers Asset Management.Its Financial wellbeing index 2019 report, which surveyed 1,003 employers with 200 or more staff ...
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OpinionDr Heidi Smith: Focus on behaviour change to embed sustainability
At Swansea University, sustainability and wellbeing have been linked with employee benefits and reward because we want to embed sustainability into life here.Swansea is currently ranked ninth in the Guardian University Green League, and we are proud of our many achievements so far; however, we recognise that the process of ...
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Case StudiesInvestec aims to address sustainability within its wellbeing strategy
In order to explore how sustainability can be incorporated into a wider wellbeing strategy, financial services organisation Investec is testing the waters with an employer-paid cycling scheme.Investec, which has 3,200 employees across 16 operating sites in the UK, is looking to roll out an organisation-wide, employer-paid cycling scheme in February ...
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AnalysisHow can employers use reward and benefits to address sustainability?
Need to know:Employers need a strategic and holistic approach when addressing sustainability; this should align with organisational values and corporate social responsibility.Intrinsic rewards can often be more motivational than extrinsic, as part of a recognition programme based around sustainability.Employees’ personal values and objectives should feed into the organisation’s overall approach ...