All Employee Benefits articles in Web Issue – Page 1194
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OpinionMatthew Potter: What are the impacts from Iceland's minimum wage non-compliance case?
According to the national minimum wage regulations, a salary sacrifice scheme that brings the gross pay of a salaried employee below the minimum wage threshold is technically a breach, attracting fines and a requirement to put employees back into the position they should have been in, had the sums not ...
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ArticleSpotify’s MAP team participates in eight-week wellbeing challenge
The multi-market activation and planning (MAP) team at audio streaming organisation Spotify is participating in an eight-week wellbeing challenge in order to increase employees’ awareness of their own health, as well as improve team engagement.The voluntary Body Age Challenge, provided by The Tonic, launched on 7 February 2019 for all ...
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ArticleMore than a quarter value choice of work location over increased holiday allowance
More than a quarter (28%) of UK respondents value being able to choose their own work location more than having an increase in their holiday allowance, according to research by flexible workspace provider IWG.Its Global workspace survey, which polled 15,000 respondents across more than 80 countries, including 2,153 professionals in ...
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ArticleWomen in southern Scotland have a 48% smaller pension pot than men
Women living in southern Scotland have 48% less in their pension pot compared to men from the same region, with average pension savings of £19,039, compared to £36,836, according to research by pensions advice organisation Profile Pensions.Analysing the retirement savings of 9,446 of its customers, Profile Pensions further found a ...
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Supplier article5 signs you are burning out at work
Burnout is a state of chronic stress that leads to physical and emotional exhaustion, cynicism and detachment, and feelings of ineffectiveness and lack of accomplishment. When suffering from it, you are unable to function effectively on a personal or professional level. You feel exhausted, start to hate your job, and ...
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ArticleRuth Buchanan: How have employers prepared for the second gender pay report?
There is less than a month to go before the 4 April 2019 deadline for employers to publish their gender pay gap data for the second time. They should be more confident about the mechanics of producing the figures this time around; nevertheless, the regulations are complex. Indeed, many will ...
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ArticleGovernment to review international evidence on minimum wages
Spring Statement 2019: The government has appointed an economics professor to review the minimum wage policy in the UK and consider its impacts on employment and productivity.Chancellor Philip Hammond (pictured) announced in his Spring Statement address today (Wednesday 13 March 2019) that the government has issued terms of reference to ...
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ArticleGovernment to tackle tax after 2019’s Spring Statement
Spring Statement 2019: The government has announced a call for evidence on insurance premium tax (IPT), in addition to a series of other consultations and responses published in alignment with the Spring Statement 2019.Chancellor Philip Hammond (pictured) outlined the tax-related consultations and published government responses in his annual Spring Statement ...
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ArticleEmma Codd: How have employers prepared for the second gender pay report?
Deloitte reported under the government’s regulations for a second year last summer. While our second statutory report showed a mixed picture, with some movement up and some down, we knew that some of the steps we were taking to address gender balance in our organisation might have a short-term adverse ...
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ArticleSamantha Mann: How have employers prepared for the second gender pay report?
As we approach the end of the second gender pay gap reporting year, the publication of guidance from the Government Equalities Office, which seeks to help employers identify the reasons why gender pay gaps exist, and how to address their pay gaps, serves to remind us this is not simply ...
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ArticleWestpac Group replaces incentive awards with fixed pay increase for 2,300 tellers
Australian banking organisation Westpac Group is replacing its teller incentive programme with a $500 (£266.27) increase to fixed pay for 2,300 customer-facing employees.The change, effective from 1 April 2019, has been designed to simplify Westpac Group’s remuneration structure, by removing all teller incentives and implementing a new fixed pay only ...
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ArticleNearly half do not know how much their employer pays into their pension
Nearly half (48%) of respondents do not know how much their employer pays into their workplace pension, according to research by not-for-profit pension provider The People’s Pension.Its survey of 2,378 UK adults, including 2,009 individuals who have a pension, also found that 35% are not aware that the government contributes ...
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ArticlePoll: 31% believe SMEs should train first aiders to support employee mental health
Employee Benefits poll: Three in 10 (31%) respondents believe that small and medium-sized enterprises (SMEs) can support employees’ mental health by training mental health first aiders.A straw poll of www.employeebenefits.co.uk readers, which received 49 responses, also found that 24% feel that SMEs should improve office environments in order to better ...
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ArticleSwedish artists to pay 'eternal employee' £1,753 a month to do no work
Something for the weekend: Although some employees may believe they are busy doing nothing during their working day, Swedish conceptual artists Simon Goldin and Jakob Senneby are hiring for an 'eternal employee' to do just this, paying a monthly salary of $2,320 (£1,752.99) for a job role with no set ...
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ArticleThe top 10 most read stories: 7-13 March 2019
The top 10 most read stories on www.employeebenefits.co.uk between 7 and 13 March 2019 were: John Lewis Partnership to award a 3% bonusWincanton launches engagement app for 17,500 employeesGovernment announces plans to protect workers' rights post-BrexitVirgin Atlantic scraps strict make-up rules for female crewRobert Walters Group to launch global wellbeing ...
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ArticleConfessions of a benefits manager: Candid seeks financial support at work
I’ve decided to do something about financial support at work and financial wellbeing in general. Not just my own; you only have to look around the office to see how stressed out and worried everyone is. It’s hard to know if they are lying awake at night over their mortgage, ...
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Supplier article5 things to consider when choosing an employee benefits platform
Managing employee benefits can be an arduous, time-consuming task. As such, many companies use an employee benefits platform to manage their benefits.When choosing an employee benefits platform, there are a few things you need to consider.What is an employee benefits platform?A typical employee benefits platform will house all your employee ...
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Supplier articleWarning signs you may be a bad boss
The path to becoming a well respected boss is a notoriously precarious one. Being able to encourage a healthy work/life balance in employees, making them feel valued, and trying to keep everyone engaged is a tough ask for any manager. So, what are the signs of a bad boss? And, ...
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Supplier articleCool employee wellness initiatives
We all want to be happy at work, and our wellness is a big part of that. According to the Global Wellness Institute, the corporate wellness industry is worth over £31 million worldwide. Companies are always looking for new ways to improve employee wellness. It’s no wonder when companies in ...