All Employee Benefits articles in Web Issue – Page 1277
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ArticleEXCLUSIVE: Nesta to discuss navigating jobs of the future at Employee Benefits Connect 2020
EXCLUSIVE: Ksenia Zheltoukhova, director of research operations, research, analysis and policy at innovation foundation Nesta, will discuss how employers can navigate their way to the jobs of the future at Employee Benefits Connect 2020.The session, titled 'Empowering workers to navigate their way to the jobs of the future: How can ...
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ArticleNewcastle City Council, GSK and Pinsent Masons recognised for LGBT inclusion
Law firm Pinsent Masons, pharmaceutical organisation GlaxoSmithKline (GSK), and investment bank Citi have been included in charity organisation Stonewall's Top 100 Employers Index, with Newcastle City Council taking the top spot for 2020. The Top 100 Index comprises a yearly list of businesses that have worked towards achieving inclusion for ...
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ArticleSantander UK, Pepsico and Ovo Energy certified as top employers for 2020
Banking organisation Santander UK, food and beverage manufacturer Pepsico, and utilities business Ovo Energy are among the 92 employers certified as 2020’s top employers in the UK and Ireland by the Top Employers Institute. The certification allows organisations to benchmark and showcase success against others in their industry and beyond ...
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Supplier articleWorkplace Wellness and how to promote it
Our health and workplace wellness are important, but most of the time it is overshadowed by the importance of our work life. Wellness is no separate entity- it’s an aggregate of our mental, emotional, physical, and spiritual health; we must ensure that we take the necessary steps to ensure we ...
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Article£2.23 billion withdrawn using flexible pension rules in quarter four of 2019
In quarter four of 2019, 327,000 individuals made a total of 828,000 pension withdrawals, amounting to £2.23 billion overall, according to HM Revenue and Customs (HMRC).Analysis by HMRC found that this was an 18% increase from the £1.9 billion withdrawn in the same period of 2018, and a 24% increase ...
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ArticleGuy's and St Thomas' gains living wage accreditation
From April 2020, Guy’s and St Thomas’ NHS Foundation Trust, which employs 17,100 members of staff, has announced its commitment to pay all employees rates that at least match the London living wage, and to require all external contractors to do the same. Following this commitment, the trust has gained ...
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ArticleImperial College Healthcare ends outsourcing and improves pay for 1,000 service staff
1,000 outsourced employees working at five hospitals belonging to Imperial College Healthcare NHS Trust are to receive a pay increase and access to improved terms and conditions, after winning the right to be directly employed. This concerns 'hotel services' staff, namely those in portering, cleaning, and catering roles, working at ...
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ArticleEnrique González: What should employee wellbeing look like in 2020?
2020 is not just any other year; it is the start of a new decade full of challenges. We are living at a time when people are demanding more just and equal societies, promoting equal opportunities for everyone, and a more sustainable world in all aspects: environmental, economic and social.Employers ...
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ArticleNick Pahl: What should employee wellbeing look like in 2020?
In December 2019, the Society of Occupational Medicine (SOM) published a report, The value of occupational health to workplace wellbeing, which examined how occupational health practitioners and providers can add value to workplace wellbeing initiatives. The report also emphasised four broad areas of the knowledge, skills and competences required to ...
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ArticleDuncan Brown: What should employee wellbeing look like in 2020?
Workplace wellbeing has apparently rocketed to the top of every benefits professional's agenda for 2020. The latest Benefit trends survey, published in October 2019 by Willis Towers Watson, for example, found staff wellbeing at the top of the benefits league table, with 76% of employers planning to incorporate it into ...
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ArticleDavid Stone: What should employee wellbeing look like in 2020?
Ever since British economist John Maynard Keynes first predicted that working weeks would continue to get shorter way back in 1933, organisations, employees and governments have toyed with the idea of the four-day working week. Though attempts of this new way of working have been overwhelmingly positive, from Perpetual Guardian’s ...
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ArticleThree-fifths of employers plan to invest more in digital health products
More than three-fifths (62%) of UK employers are likely to invest more in digital health products over the next five years, according to research by Mercer Marsh Benefits. The February 2020 Health on demand report surveyed 1,000 UK employees and 100 UK businesses. It also found that 47% of employees ...
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ArticleAccelore Group pays 289 employees $152,755 in back wages
Texas-based logistics organisation Accelore Group, operating as Accelore Solutions and contracted with Amazon to provide package delivery services, has paid $152,755 (£117,419) in back wages to 289 employees to resolve violations of the overtime requirements under the US Fair Labor Standards Act (FLSA). After an investigation by the US Department ...
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ArticleTwo NHS trusts pilot health and wellbeing platform for 11,000 employees
Two NHS trusts are piloting a new employee health and wellbeing platform for their combined 11,000 employees. West London NHS Trust and Central and North West London NHS Foundation Trust (CNWL) commenced the pilot programme, which will run until June, on 31 January 2020. The platform, called Juice, is provided ...
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OpinionPaula Bailey: Planned employment law changes in 2020
2020 is set to be another year of change from an employment law perspective, with contracts, the employment relationship and pay likely to continue to dominate the agenda, together with the new immigration requirements that the government plans to introduce post-Brexit.We have already seen a number of interesting Employment Tribunal ...
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ArticleThe Pensions Regulator confirms £2,000 fine for Financial Conduct Authority Pension Plan
The Pensions Regulator (TPR) has confirmed that it issued a £2,000 fine to the Financial Conduct Authority (FCA) Pension Plan, due to non-compliance with chair’s statement regulations. After updating its penalty policies in December 2019, TPR confirmed that non-compliant chair’s statements are subject to a mandatory fine of between £500 ...
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ArticleTwo-fifths do not think their benefits package meets the needs of all generations
More than two-fifths (44%) of employers do not believe that their benefits packages meet the needs of all generations present within the workforce, according to research by Aon. The UK Benefits and trends survey 2020, which canvassed 200 participants across a range of sectors, found that 38% thought they met ...
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ArticleCathay Pacific asks staff to take unpaid leave due to Coronavirus outbreak
Hong Kong airline Cathay Pacific has asked its staff to take three weeks of unpaid leave, to help it address the impact of the current Coronavirus outbreak. The airline has proposed a leave scheme for its 27,000 employees, operating in 79 destinations, following recent drops in demand due to the ...
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Case StudiesBW uses benefits to attract top talent in competitive industry
There is a war for talent in construction; a lack of skilled individuals entering the industry, means organisations are fighting for the top people. For building fit-out and refurbishment organisation BW, winning this war means offering a valued and attractive employee proposition.Penny Cresswell, head of HR at BW, says: “As ...
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Case StudiesThe benefits offered by BW
The benefits offered by BW:Pension and protectionDefined contribution (DC) group personal pension (GPP) scheme for all employees, with a 4% contribution from both the employer and the employee.Group income protection offered to all staff on an employer-paid basis.Critical illness insurance for all employees, which pays up to 75% of salary ...