All Employee Benefits articles in Web Issue – Page 1257
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OpinionLovewell's logic: Should workplace fertility support be a statutory right?
Starting a family is typically looked upon as an exciting, joyous time. For many, however, achieving a successful pregnancy will not be straightforward and may follow an extremely stressful period in their lives.According to NHS figures, one in seven couples will have difficulty conceiving. This translates to a significant proportion ...
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ArticleAmazon pilots virtual healthcare service for US employees
Online retailer and technology organisation Amazon is piloting a virtual healthcare service, Amazon Care, for its US employees, with a view to ultimately making it available to all 650,000 employees enrolled in an Amazon health insurance plan.The primary care service, which is currently being tested by a group of Seattle-based ...
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Supplier articleGlobal health and wellbeing
How achievable is a truly global strategy and what challenges do we have to overcome to get there?Paul Andrews, Global Benefits DirectorA ‘global benefits strategy’ doesn’t necessarily mean a written down, set-in-stone plan, but a general understanding of how health and wellbeing benefits can work across multiple regions.The biggest challenges ...
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Supplier articleTaking TRS into the future: 5 ways to keep your Total Reward Statements relevant
Lorelei BowmanTotal Reward Statements are a unique tool to increase advocacy, engage employees and show an employer’s active investment in their people. They’re able to represent the otherwise-missed perks and convey an employee’s entire compensation. So, why is engagement with TRS slipping?Bringing TRS into the futureIn 2019, the workplace is ...
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ArticlePerega becomes employee-owned as part of corporate rebrand
Civil and structural engineering consultancy Perega has become employee-owned, after rebranding and changing its name from Thomasons as part of a move to overhaul its corporate brand identity, which includes strengthening its focus on employees and clients.Perega announced on 18 October 2019 that it had to an employee ownership trust ...
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ArticleVodafone to equalise parental leave benefit across all 24 locations globally
Telecommunications provider Vodafone is to roll out an update to its global parental leave policy, offering all employees 16 weeks of fully paid leave.The new leave offering, which was announced on 31 October 2019, will be available to all of Vodafone’s employees, of which it has approximately 99,000, across 24 ...
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Supplier articleFree membership reward scheme: Anytime Fitness Partnership
Anytime Fitness the second-largest gym operator with over 165 locations in the UK are showing how much they value their members through a partnership with Epoints.? The free membership to Epoints gives members of Anytime Fitness exclusively lower prices on trusted online retailers? Members are given a 6-month free membership ...
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OpinionMel Duffield: Initiatives to engage younger employees with pensions
For an employee starting out in their 20s, facing higher costs of living, saddled with student debt, and with the prospect of retirement only a distant goal on the horizon, apathy about pension saving, and even opting out of the auto-enrolment process altogether, is not unexpected.However, there are strong indications ...
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OpinionHelen Ball: What does the future hold for defined contribution pension schemes?
Until the publication of the recent Pension Schemes Bill, confirmed during the Queen's Speech in October 2019, defined contribution (DC) scheme trustees and providers had been suffering from planning blight, namely the reduction of activity due to expected future development. However, we now have some important proposals affecting DC pensions ...
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ArticleDebbie Lovewell-Tuck: Putting pensions in prime position
As our Pensions Week draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.A pension is arguably one of the most important benefits in an organisation’s package. Yet, despite representing the largest proportion of an employer’s ...
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Case StudiesNationwide demonstrates the role of workplace pensions within wider package
To engage its 18,500 employees with their retirement savings, Nationwide Building Society provides a dashboard through which staff can view all of their pension information in one place, uses nudges to promote behavioural change, and runs competitions during which, for example, employees can design posters illustrating their personal retirement dreams.Currently, ...
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AnalysisHow to align pensions provisions with a wider benefits strategy
Need to know:Pensions should be positioned as a vital part of an overarching benefits package, rather than a separate and often distant concern.Employers should package pensions within a wider financial planning provision, promoting it alongside a range of other benefits that can help employees with short- and long-term stability.Focusing on ...
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Supplier articleWhat can I do for Movember?
Movember is an annual event which encourages men to grow a moustache to raise awareness of men’s health issues, such as prostate cancer, testicular cancer, and men’s suicide. Since 2003 Movember has funded more than 1,250 men’s health projects around the world, challenging the status quo, shaking up men’s health ...
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Supplier articleWhy is employer training on the decline?
Research by CIPD in July this year shows that employer training has been declining since as far back as 1998, even despite the introduction of government initiatives in attempt to stop the decline. So, why is this the case? And what can employers do?Participation in training has declined 20% in ...
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ArticleDisability pay gap in the UK stands at 15.5% for 2019
The current disability pay gap for employees in the UK stands at 15.5%, according to research by the Trades Union Congress (TUC).The Disability employment and pay gap 2019 report, which based its findings on 3,933,503 disabled men and women in employment in the UK, also found that these employees earn ...
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ArticleAsda announces 18p hourly pay increase for 120,000 employees
Supermarket retailer Asda has announced that it will be increasing the hourly pay rate for its 120,000 retail employees to £9.18 per hour.This is an increase of £0.18 from the £9.00 per hour rate which came into effect on 3 November 2019, itself an increase from £8.84, introduced on 1 ...
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ArticleBoots pharmacists to receive a pay increase of up to 2%
Approximately 6,500 pharmacists working at health and beauty retailer and pharmacy Boots will receive a pay rise of up to 2% in November 2019. The pay increase comes after a series of negotiations between Boots Management Services and the Pharmacists' Defence Association Union (PDAU).Eligible individuals include: pre-registration pharmacists; pharmacists, including ...
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Case StudiesDWF engages employees with pensions through enhanced matched contributions
Legal services firm DWF employs around 2,300 staff across 11 offices throughout the UK and Ireland. In April 2019, it launched a new self-invested personal pension (Sipp) plan, to encourage employees to engage more with their retirement savings.Stephen Jones, head of reward at DWF, says: “We’d offered matched contributions based ...
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AnalysisHow to help employees overcome auto-enrolment apathy
Need to know:Group presentations alongside online calculators and pension modellers can help employees see whether their retirement savings are on track.Consolidating pension pots can make retirement savings easier to understand and manage, making it more likely that employees will engage with saving for retirement.Financial incentives, such as matching contributions and ...
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Supplier articleHow can HR create an environment that’s ready for change?
By Kylie Green, Global SVP for Sales at Reward GatewayWhenever I encounter amazing speakers at a conference or seminar, I leave the event with my mind full of inspiration. Like many people leaders, I’m interested in implementing ideas that are going to set my team up in an environment to ...