All Employee Benefits articles in Web Issue – Page 1258
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ArticleWorcester Bosch signs Time to Change Pledge as part of ongoing mental health strategy
Boiler manufacturer Worcester Bosch announced yesterday (4 November 2019) that it is supporting the Time to Change Employer Pledge as part of its mental health strategy.The organisation, which has headquarters in Worcester and a manufacturing plant in Clay Cross, Derbyshire, aims to raise awareness of mental illness and educate its ...
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ArticleEmployees at Mayfair club 5 Hertford Street vote for strike action over pay
Kitchen porters working at exclusive private members' club, 5 Hertford Street, have voted unanimously for strike action in a dispute over pay, following a 90% turnout. The employees, all of whom are migrant workers and are represented by the Independent Workers Union of Great Britain (IWGB), are asking to be ...
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Supplier articleWhich cities are the most financially stressed in the UK?
The Employer’s Guide to Financial Wellbeing 2019-20 has revealed the UK’s most financially stressed cities and exactly what their money worries are - ranging from people not wanting to talk about money, to high-levels of credit card debt and little or no savings. The results paint a bleak picture of ...
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Supplier articleKey global trends in rewards and recognition in 2019
By Jamie KingTrends in rewards and recognition are always changing. When the priorities and preferences of employees change, employers need to adjust how they reward and recognise the quality work that employees do. We have compiled a list of the most important global trends in reward and recognition programs that ...
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ArticleCaring responsibilities lead to 47% reduction in women's pension savings
Being unable to work due to maternity leave and taking time off to raise a family results in a 47% reduction in women's pensions compared to men's; this is considerably higher than the 28% reduction in pension pots caused by the gender pay gap, according to research by Now: Pensions.The ...
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OpinionDaniel Parker: The commuting gap - a long way from equality
Research from the Office of National Statistics (ONS) titled The commuting gap: Men account for 65% of commutes lasting more than an hour, published in November 2018, provides an important insight for employers entering what may be their fourth annual round of gender pay gap reporting.The ONS looked at the ...
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OpinionMartha How: The impact of diversity and inclusion on employee experience
An organisation that develops a positive employee experience is well placed to attract and retain talent; its approach to diversity and inclusion is a key component of this. But, to avoid good intentions backfiring, employers must ensure they take a considered approach to implementing diversity and inclusion policies in the ...
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Supplier articleIntrinsic motivation in the workplace: Getting rid of the carrot
by Toni Whitehouse, Head of Sales Development at Reward GatewayWhen you were in elementary school, you probably had a teacher who used some kind of sticker reward chart (I know I did). The concept was simple: The better behaved I was, the more stickers I saw go up. The more ...
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Article
Goldman Sachs offers 36,000 employees financial help for fertility treatment
Global investment bank Goldman Sachs has announced a number of enhancements to its benefits and wellness programmes including stipends for egg retrieval and egg donation available to all of its 36,000 employees,The organisation has been supporting employees for over ten years by reimbursing costs of adoption and surrogacy up to ...
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Article
Goldman Sachs offers financial help for fertility treatment to 36,000 employees
Global investment bank Goldman Sachs has announced a number of enhancements to its benefits and wellness programmes including stipends for egg retrieval and egg donation available to all of its 36,000 employees.The organisation has been supporting employees for over ten years by reimbursing costs of adoption and surrogacy up to ...
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ArticleGoldman Sachs offers financial help for fertility treatment to 36,000 employees globally
Global investment bank Goldman Sachs has announced a number of enhancements to its benefits programme, including stipends for egg retrieval and egg donation, available to all of its 36,000 global employees effective from 1 November 2019.With this new benefit, employees will be able to access a stipend to recoup the ...
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ArticleAustralian national football team to receive 90% pay increase to close gender gap
On 5 November 2019, The Football Federation Australia (FFA) and Professional Footballers Australia (PFA) announced a gender neutral four-year collective bargaining agreement, confirming that it will stay in effect until 2023.This deal aims to close the pay gap between Australian football's national teams, the female Westfield Matildas and male Caltex ...
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ArticleBroadstone acquires benefits and pensions consultancy BBS
Benefits and pensions consultancy Broadstone Group has made its fourth acquisition in 2019, adding BBS Consultants and Actuaries to its portfolio.BBS Consultants and Actuaries, which was founded in 1997, has 130 employees, including workplace pensions consultants, actuaries, investment advisers and administrators. It also comes with £5 billion of assets and ...
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AnalysisWhat do employers need to know about the GMP equalisation process?
Need to know:Following the Lloyds Banking Group case, organisations must explore how to equalise historical guaranteed minimum pensions (GMP) between men and women.Employers can opt to convert into a non-GMP pension scheme, or they can use dual records to calculate the correct amount of pension benefit on a year-by-year basis.Although ...
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AnalysisInfographic: Key dates surrounding GMP equalisation
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OpinionPhil Spary: Testing times for master trust pension schemes
It is no surprise that considerable emphasis on governance standards and regulatory expectations have continued to be a focus in the minds of those responsible for running master trust pension schemes. Having been taken through a rigorous authorisation process, trustees and their advisers will have considered the suitability of their ...
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Supplier articleElements of a successful benefits platform
by Debra Corey, Best-Selling Author & Advisor to Reward GatewayDiscover the six elements of a successful employee benefits platform and how they can make your Employee Value Proposition stand out as a top employer to better attract, retain and engage your workforce. By downloading this highlight you'll:Discover how to align ...
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ArticleTiny Hearts Day Nursery prosecuted for auto-enrolment compliance violations
Childcare provider Sulouste, which trades as Tiny Hearts Day Nursery, is being prosecuted by The Pensions Regulator (TPR) in relation to failures to comply with auto-enrolment regulations.Tiny Hearts Day Nursery and its director Christine Moore have been accused of wilfully failing to undertake the auto-enrolment responsibilities outlined under sections 45 ...
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ArticleUK police staff vote to accept 2.5% pay rise
Police staff members in England and Wales have voted to accept an improved pay offer, lifting wages by 2.5% for the year 2019-20.Trade union Unison announced on 4 November 2019 that 93% of eligible members had voted in favour of the new pay deal, which will see a 2.5% increase ...
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ArticleChipotle enhances mental and financial wellbeing package for 80,000 employees
American fast food restaurant chain Chipotle Mexican Grill is launching an improved suite of mental and financial wellbeing benefits for 80,000 employees in the US and Canada from 2020.Working in association with healthcare solutions provider Health Advocate, Chipotle will be providing employees with a range of benefits, including an employee ...