All Employee Benefits articles in Web Issue – Page 1271
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ArticleThe benefits offered by Johnson and Johnson
The benefits offered by Johnson and Johnson for UK employees:PensionA defined benefit (DB) pension scheme is offered to all UK employeesHealthcare and wellbeingHealth assessments.Access to a virtual GP, including unlimited consultations, a choice of GP and repeat prescriptions with free delivery.Flu vaccinations for all employees.Group income protection.Cognitive behavioural therapy (CBT).Employee ...
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Supplier articleAligning benefits and business
How can you build or adapt your benefits scheme to ensure it aligns with your business strategy?Anecdotally, it seems that even the most successful employees are missing one thing from their working lives: value. Do they see the value in the work they’re doing? Do they feel valued for the ...
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OpinionAnna Rogers: Bauer judgment means more grief for the Pension Protection Fund
Last month, the European Court of Justice (CJEU) ruled in Bauer that the current 50% minimum level of protection is too low if it means that the pension member is living below the 'at risk of poverty' measure in the member state concerned.The court did not agree with the Advocate-General ...
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ArticlePIB Group acquires employee benefits division of Sanlam Wealth Planning
Insurance intermediary organisation PIB Group (PIB) has reinforced its employee benefits package through the acquisition of Sanlam Wealth Planning UK's employee benefits division. Sanlam Employee Benefits will transfer and trade under the PIB brand, lead by David Skinner, managing director, employee benefits at PIB.PIB group, which has over 1,200 employees ...
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ArticleHalf of British employees favour January rewards above Christmas perks
Almost half (49%) of British workers would be open to receiving a reward in January instead of Christmas, while one in five (21%) would definitely prefer this arrangement, according to research by staff incentives and reward provider, Virgin Incentives.The research, conducted in December 2019 among 2,000 British employees, also found ...
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ArticleStarbucks launches mental wellbeing app for 291,000 employees globally
Coffee retailer and cafe chain organisation Starbucks has committed to breaking the stigma around mental health and supporting its 291,000-strong global workforce by launching a wellbeing app, in addition to running training courses centred around mental and emotional resilience. In Autumn 2019, the employer initially brought together 12,000 store leaders ...
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ArticleZoe Sinclair: Shared stories can open communication around mental health
Jonny Benjamin MBE unintentionally hit the headlines in 2014 when, together with the charity Rethink Mental Illness, he launched a social media campaign called ‘Find Mike’. The goal was to find the stranger who had saved him when he attempted to take his own life in 2008.On finding Mike, actually ...
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Article
Baringa Partners hires Ian Willets as Head of Reward
Culture award-winning management consultancy Baringa Partners has hired Iain Willetts as its new Head of Reward Willetts has previous experience in senior reward roles across the full reward function, working on a permanent and interim basis, across sectors such as Professional Services, Manufacturing, Engineering, and Technology. Prior to his appointment, ...
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Case StudiesJohnson and Johnson places health at the heart of benefits strategy
Global healthcare organisation Johnson and Johnson has an aspiration to change the trajectory of health for humanity; for 2020 and beyond, its goal is to create the world’s healthiest workforce.To do this, the organisation looks at ways in which its benefits boost the health and wellbeing of its employees and ...
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ArticleGovernment launches review of changes to IR35 ahead of April 2020
On 7 January 2020, the UK government launched a review of changes to off-payroll working rules, known as IR35, aiming to address the concerns being raised by both businesses and individuals. IR35 was introduced in 2000, and require that individuals working like employees but through their own business pay similar ...
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ArticlePensions Schemes Bill introduced to House of Lords
The Pensions Schemes Bill, originally confirmed in the Queen's Speech on 14 October 2019, and reintroduced on 19 December 2019, has been introduced to the House of Lords this week. The Commons Library Briefing, published on 7 January 2020, stated that the introduction of the Pensions Schemes Bill, which will ...
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ArticleGreggs awards bonuses of £300 to 19,000 employees following 2019 profits
Approximately 19,000 employees at British bakery retailer Greggs are set to receive £300 bonuses at the end of January 2020, following positive results in the organisation's fourth quarter trading update.The £300 bonus will be provided to individuals who have been employed at Greggs for more than one year, while those ...
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ArticleThe top 10 most read stories: 2-8 January 2020
The top 10 most read stories on www.employeebenefits.co.uk between 2 January and 8 January 2020 were: National living wage set to increase by 6.2% in April 202011,000 retirees to lose £70 of state pension per week from April 2020Starbucks launches mental wellbeing app for 291,000 employees globallyAmerican Golf launches points-based ...
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ArticlePrince Harry could earn £40,684 based on current skills and experience
Something for the weekend: The duke and duchess of Sussex have announced a desire to be ‘financially independent’ as they step back as senior Royal Family members. With the two leaving their senior royal roles, research from training and qualifications provider TheKnowledgeAcademy.com analysed Harry and Meghan’s professional skill set and ...
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ArticleConfessions of a benefits manager: Candid begins succession planning
This year, along with the usual performance review, we have a new succession planning process to do. It gets worse: my team have been enlisted to help the other departments, in addition to completing our own.So, what does succession planning actually mean? When someone leaves, in real life, my organisation ...
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ArticleNorthumbria Police signs charter to support terminally ill staff
Northumbria Police and the Northumbria office of the Police and Crime Commissioner have signed the Trades Union Congress' (TUC) Dying to Work charter, aiming to support terminally ill individuals among 5,092 police officers and staff. The Dying to Work campaign works to encourage and help employers to protect the rights ...
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ArticleBarratt Developments gains living wage accreditation after extending to supply chain
Housebuilding organisation Barratt Developments, which has approximately 6,500 employees in the UK, has become an accredited living wage employer, as of 9 January 2020.Direct employees at Barratt Developments have been receiving the living wage for two years, but the organisation has gained accreditation from the Living Wage Foundation this month ...
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ArticleTeesside University enhances parental leave benefits for 2,311 employees
Teesside University has made significant enhancements to its maternity, adoption and shared parental leave benefits, offering an additional 14 weeks at full pay, as part of its commitment to supporting the family life of its 2,311 employees. From 2020, all staff taking essential family leave will benefit from a longer ...
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ArticleTelevision presenter Samira Ahmed wins equal pay case against BBC
In a unanimous judgment published today (10 January 2019), the London Central Employment Tribunal ruled in favour of BBC television presenter Samira Ahmed in relation to her sex discrimination pay claim against the BBC.The case was presented in November 2018; Ahmed claimed that she was equal to the work of ...
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OpinionMichael Whitmore: Organisational practices can support mental wellbeing
Much of the mental health support provided by employers focuses on individual staff members, but it is equally important to consider how an organisation itself may need to change to effectively support employees.Evidence, found in Management of psychosocial risks at work: An analysis of the findings of the European Survey ...