All Employee Benefits articles in Web Issue – Page 1298
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Supplier articleConsiderations for furloughing staff and access to IT systems
During these challenging times, we know that some companies are having to make the difficult decision to furlough employees.The UK Government announced unprecedented support for businesses through the Coronavirus Job Retention Scheme. This support allows businesses to 'furlough’ employees.There are some things that employers need to consider around IT systems ...
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ArticleNZ Prime Minister and public service chief executives take 20% pay cut
New Zealand Prime Minister, Jacinda Ardern alongside government ministers and public service chief executives, will take a pay cut for the next six months to deal with the impact of Covid-19 (Coronavirus) pandemic.The members involved will receive a pay cut of 20% to acknowledge the number of employees in New ...
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ArticleGovernment job retention scheme extended to support new staff
Newly hired employees may now be eligible to receive support through the government's Covid-19 (Coronavirus) job retention scheme.The government's new guidelines, published on 15 April 2020, extend the eligibility date by a further three weeks, enabling employees who were employed on or before 19 March 2020 to receive financial support. ...
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ArticlePaul Hastings offers 1,600 employees access to Covid-19 hardship fund
Global law firm Paul Hastings has launched a special fund to financially support any of its 1,600 employees needing assistance during the Covid-19 (Coronavirus) pandemic.The fund, which is part of the organisation's PH balanced initiative, has been generated through donations by employees, which have been matched by Paul Hastings.These grants ...
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ArticleThe Financial Times decreases pension contribution payments by 50%
British daily newspaper The Financial Times is to halve its customary pension contributions, due to the financial strain of the Covid-19 (Coronavirus) pandemic.The organisation has chosen to decrease its pension contributions by temporarily matching employee pension contributions, instead of its usual practice of double matching staff contributions.Additionally, its top 80 ...
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ArticleThe top 10 most read stories: 9 April - 15 April 2020
The top 10 most read stories between 9 April and 15 April 2020 were: Kuehne and Nagel to furlough 13,000 employees on a minimum of 90% pay27,000 Porsche employees receive profit-sharing bonusTPR publishes pension guidance for employers during Co Daily Mail and General Trust offers 2,400 employees shares to avoid ...
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ArticleEmployee files formal complaint against cat when working from home
Something for the weekend: Working from home with pets can be a distracting time for many, so much so that a written complaint has been logged in one particular household.Andrew and Sheila, who have been regularly working from home since the Covid-19 (Coronavirus) pandemic, have been experiencing some blatant distractions ...
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ArticleConfessions of a benefits manager: Candid looks at tax-effective benefits
You would think in these difficult times, the executive team would have more important things to think about, but their self-interest is immune. One of the guys in C-suite has asked us to focus on making executive benefits more tax-effective. Well, that’s not exactly what he said; in fact, he ...
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Supplier articleHow to manage writer’s block when creating employee communications
So, you’ve started a blog to keep your people up-to-date during the Covid-19 pandemic, but you’re not sure what to write about? If the messages I’m receiving from our clients are true, I can assure you that you’re not alone.First, I want to say how great it is that you ...
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Supplier articleSix key considerations for supporting the workforce during COVID-19
During times of crisis, whether it’s a pandemic or a traumatic internal event, leaders need to be empowered to support their employees.Regardless of your area of work, your employees are struggling under new working and living conditions, added stress, changes in their home life, and other daily adjustments to this ...
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ArticleAshurst defers 50% of bonus payments for 2,800 employees
International law firm Ashurst will defer 50% of bonus payments for its 2,800 eligible employees until November 2020 to deal with the financial constraints of the Covid-19 (Coronavirus) pandemic.The organisation will pay its employees half of their annual bonus in July 2020, with the remainder paid at the end of ...
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Supplier articleStress Awareness Month 2020: How to Prevent Stress in the Workplace
April is Stress Awareness Month, which means that more of us will be discussing stress and its impact across life, relationships and the workplace.Stress is a physical and mental state that is often cited as a necessary part of life. In certain situations, stress is a motivator, helping us stay ...
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Supplier articleEmployee engagement during Covid-19
One of the most interesting things about employee engagement is that, when things are going well, you can easily not notice it. But when an organisation is struggling, that’s when it really comes alive. When you need your employees to step up and work together, your culture can really flourish. ...
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Supplier articleRecognition: Unexpected benefits during uncertain times
It’s safe to say that when we designed OneHub | Recognition, we never considered its place in an international pandemic. But when we consider the effects of widespread remote-working, and the social impact this is having on our employees, of course Recognition has a huge potential to help employees during ...
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ArticleRolls-Royce asks furloughed staff to swap four days leave to receive full pay
Furloughed employees at British engineering business Rolls-Royce have been asked to have their annual leave reduced by four days in return for receiving full pay.The reduction would allow Rolls-Royce to top up the government's job retention scheme by 20%, ensuring its furloughed employees receive 100% of their salary. Under the ...
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ArticleBarratt Developments, Carntyre Transport and North Air to furlough staff on full pay
Barratt Developments, North Air, and Carntyre Transport will all pay furloughed employees in full.The government’s furlough Covid-19 (Coronavirus) job retention scheme allows furloughed employees to receive 80% of their salary, capped at £2,500. However, all three organisations have made the decision to pay their employees an additional 20% during this ...
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Supplier articleImprove Your Sleep, Improve Your Wellbeing
We all know that sleep is necessary to survival, but getting a good night’s rest can be harder for some than others. Whether it’s due to stress, excessive screen time, too much noise and disruption or even a diagnosable sleep disorder, lack of sleep can be hugely detrimental to our ...
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ArticleGovernment extends job retention scheme to end of June 2020
The government announced on 17 April 2020 it would be extending the job retention scheme to 30th June 2020 to financially support businesses and their employees during the Covid-19 (Coronavirus) pandemic.The scheme was put in place 1 March 2020 to cover a period of three months, however, due to the ...
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ArticleMicrosoft offers employees three months additional parental leave
American technology organisation Microsoft is offering extended leave benefits to all of its 150,000 employees who are working parents, to support them during the Covid-19 (Coronavirus) pandemic.Effective immediately, the 12-week Paid Pandemic School and Childcare Closure Leave benefit will give employees three months of extra parental leave. This new addition ...