All Employee Benefits articles in Web Issue – Page 1285
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ArticleGovernment warns that one-fifth could take sick leave due to Coronavirus
A government report has highlighted that a fifth of UK employees could be sick at the same time during peak outbreak periods of Covid-19 (Coronavirus).A report titled Coronavirus: Action plan, published on 3 March 2020 by the Department of Health and Social Care highlighted how the recent outbreak of Coronavirus ...
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ArticleAssociation of Accounting Technicians reduces gender pay gap from 13.7% to 4%
The Association of Accounting Technicians (AAT) has reduced its gender pay gap from 13.7% to 4% since 2018. The AAT reported its gender pay gap for full- and part-time staff on data on 2 March 2020, in line with the government’s regulations and ahead of the submission deadline of 30 ...
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Supplier articleSummit spotlight: KP Snacks and Great Place to Work on boosting employee experience and Employee Value Proposition
Well, the 2020 Engagement Excellence Summit has come and gone, but that doesn’t mean we’re done sharing inspirational stories. Whether you were there to experience it or didn’t quite make it, this week we’re doing a Summit takeover to share some of the best talks of the day with you, ...
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Supplier articleThe data dive: How real-time employee engagement analytics impact culture initiatives
At first glance, employee engagement can be quite ambiguous. Is it just smiling, happy employees or is there something more tangible?Taking steps to improve employee engagement is always a positive initiative for your business, but it’s a hard sell to your leadership team if you can’t see the impact of ...
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Case StudiesBarratt Developments uses benefits package to attract and retain talent
One of the most significant challenges for housebuilding organisation Barratt Developments is attracting and retaining talented people against the backdrop of a major skills crisis in the construction industry.Influenced by the government’s commitment to build 300,000 new homes every year, an ageing workforce, and a lack of younger skilled employees ...
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Case StudiesThe benefits offered by Barratt Developments
The benefits offered by Barratt Developments:Pensions and protectionA trust-based defined contribution (DC) pension for all employees. Employees contribute 5% for a 10% employer contribution.Employer-funded group income protection for management-level employees.Life insurance for all employees, provided on an employer-funded basis.Employer-funded personal accident insurance for all employees.Pay and share schemesAn annual bonus ...
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ArticleOnly two-fifths of employers have a multi-year gender equality strategy
Although 81% of organisation say improving diversity and inclusion is high on their agenda, only around two-fifths (42%) have documented a multi-year strategy for achieving gender equality, according to research by Mercer.The When women thrive 2020 global report, which involved 1,157 organisations, found that 64% of employers track gender representation, ...
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ArticleBoris Johnson announces day-one statutory sick pay to tackle Coronavirus
Image credit: Parliament TVUK Prime Minister Boris Johnson has announced that statutory sick pay will be available from day one for those people self-isolating as a result of the outbreak of Covid-19 (Coronavirus).The change to sick pay legislation, announced on 4 March 2020, is a temporary measure to respond ...
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Supplier article3 steps to boost employee motivation
Do you know what employees crave in the workplace? Alexandra Powell, Director of Client Culture and Engagement at Reward Gateway, has spent a lot of time working with employers of all sizes to deliver the right tools to help motivate and engage their employees. In this eBook, she shares these ...
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ArticleJohn Lewis Partnership employees receive 2% profit-sharing bonus
Retail organisation John Lewis Partnership is awarding a 2% bonus to its 83,000 employees, as a result of its 2019/2020 profits.The payout, which is due to the organisation's profit-sharing scheme and was announced to employees today (5 March 2020), paid employees 3% of their salaries in 2018/19; the dip this ...
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Supplier articleIs it time to put employee of the month programmes out to pasture?
In short: in isolation maybe, but not definitely. Employee of the month is an idea that’s full of good intentions but, in our experience, usually fails to deliver on them. These schemes sometimes fail to make an impact because relying on them is often a symptom of ...
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OpinionLovewell's logic: How will Coronavirus affect business?
Over the last week, the UK’s preparations for dealing with Coronavirus seem to have moved on at a significant pace. As consumers have emptied retailers’ shelves of anti-bacterial hand gel and begun stockpiling food, the government has set out its plans to tackle the virus in the coming weeks and ...
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ArticleDowntown Alliance calls for urban adventurer to live rent-free in New York
Something for the weekend: Non-profit business improvement organisation Downtown Alliance is on the hunt for a social influencer and urban explorer to live in and experience Lower Manhattan.In addition to a wage of $2,250 (£1,742.19) per fortnight, for many the main benefit will be the chance to live rent-free in ...
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ArticleThe top 10 most read stories: 27 February - 4 March 2020
The top 10 most read stories between 27 February and 4 March 2020 were: Government publishes review of implementation of IR35 off-payroll rulesKyocera commits to workplace mental health through new training courseEXCLUSIVE: British Airways aligns customer and employee experience strategiesSouth Western Railway agrees 2.6% pay increaseAlmost three-quarters of UK employees ...
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Supplier articlePros and cons of 5 different employee rewards
We love rewards at Love2shop Business Services. It’s what we do. We’re all about making sure your employees rewards that truly delight them. That’s why we stock a few different reward options – no one reward is inherently superior. We’ll outline the ups and downs of five ...
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ArticleWilko abolishes sick pay for retail and distribution staff of less than a year
Homeware and household goods chain Wilko Retail is reducing sick pay for its retail and distribution employees; under the new policy, staff that have been at the business for less than a year will no longer be entitled to sick pay.Additionally, longstanding employees will only be entitled to sick pay ...
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ArticleCushman and Wakefield reduces gender pay gap from 35.8% to 31.1%
Real estate services firm Cushman and Wakefield has reduced its gender pay gap to 31.1%, from 35.8% since 2018.The gender pay gap reporting regulations require organisations with 250 or more employees to publish the differences in mean and median hourly rates of pay for male and female full-time employees, the ...
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ArticleMPs' basic pay to increase by 3.1% from 1 April 2020
The Independent Parliamentary Standards Authority (IPSA) has announced that basic pay for UK members of parliament (MPs) will increase by 3.1% from 1 April 2020.Announced yesterday (5 April 2020), this brings MPs' overall salary from £79,468 to £81,932. This pay increase is in line with the decision by IPSA in ...
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OpinionTony Pugh: Delegate to accumulate – how to win back time by changing pension schemes
If you asked most employers what their biggest business priorities are for this year, I am confident that ‘spending more time on the pension scheme’ would not feature very highly.In fact, Aon’s UK DC pension survey 2020, published in February 2020, showed that 35% of employers with their own trust-based ...
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ArticleChipotle enhances paid parental leave for restaurant support centre employees
US-based fast food restaurant chain Chipotle Mexican Grill has enhanced its paid parental leave benefits, to support new working parents.On 6 March, Chipotle announced that starting in 2020, it plans to increase paid parental leave for restaurant support centre employees, providing 12 weeks for mothers, and four weeks for new ...