All Employee Benefits articles in Web Issue – Page 1301
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Supplier articleSocial wellbeing: Where workplace loneliness and diversity meet
At first glance, social wellbeing may seem like a relatively isolated division of wellbeing – or even a less-important one compared to say financial or mental wellbeing. But like all intersections of wellbeing, it contributes to a wider picture of wellness as a whole, and in turn informs employee experience.Positive ...
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Supplier articleMaking a strategic contribution
Thomsons Online Benefits’ research found that for the c-suite to fully capitalize on its position and make a strategic contribution to the business, it must secure further investment in the latest HR tech and invest in its data analytics capabilities.Read their short guide for how the c-suite are:Focusing on retaining ...
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ArticleFurloughed employees to receive full parental leave pay entitlements
Employees planning to take paid parental or adoption leave whilst on furlough will be entitled to full pay based on their usual earnings rather than a furloughed pay rate.Announced by the government on 24 April 2020, the changes ensures that all employees intending to take time off following the birth, ...
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ArticleTransport for London furloughs 7,000 staff on full pay
Transport for London (TfL) will place 7,000 employees on furlough with 100% pay, effective immediately.The transport business, which has approximately 28,000 employees, is furloughing around 25% of its workforce whose jobs have been drastically reduced or paused due to the ramifications of the Covid-19 (Coronavirus) pandemic.The government’s job retention scheme ...
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Supplier articleSeparate, but together – bringing teams together for the “new normal”
What the world is experiencing now is genuinely unprecedented. Never before have so many people worked in such a separated way, and this rapid change has thrown a raft of issues at businesses. Whether it’s the tech issues from a suddenly-digital workforce, or the difficulty of creating ...
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ArticlePrezzo gives 3,000 employees early access to furlough pay
Italian restaurant chain Prezzo is offering all of its 3,000 employees early access to furlough pay during the Covid-19 (Coronavirus) pandemic. The restaurant chain has chosen to make the early pay benefit available to its employees through income streaming service, Wagestream to help them cope with any unprecedented financial situations ...
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Article21% of UK employers have introduced special pay for front-line staff
One in five (21%) of UK businesses have, or are considering, implementing special pay policies for essential employees, according to research by insurance organisation Aon.The survey of 1,889 organisations worldwide published 23 April 2020, also found that one-quarter (25%) of businesses in Europe have introduced special pay for front-line employees, ...
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Supplier articleEmployee Engagement – What we can learn from the Covid19 Climate
Over the last month or so we have seen Covid-19 change the business and economic landscape beyond our wildest imagination. High streets and office blocks sit empty, schools, sports clubs and other municipal buildings are shut, and we are all being told to stay home for an indefinite period. Not ...
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AnalysisHow can employers reposition benefits to offer financial wellbeing support to staff?
Need to know:Introducing financial education can drastically improve financial wellbeingReinventing benefits to offer financial support can aid employees with financial constraintsFinancial benefits need to be communicated in the right way to increase the chances of effectivenessThe financial wellbeing of employees has become a key priority for many employers. A study ...
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OpinionDan Lucy: Employers can support the financial wellbeing of employees during Covid-19 crisis
Covid-19 (Coronavirus) is turning all our worlds upside down right now and that is no less true of the world of work. Regrettable job losses sit alongside staff being furloughed now or possibly in the future. Much has been said and written on how employers can protect and support employees’ ...
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Case StudiesSainsbury Family Charitable Trusts revamps financial support
Sainsbury Family Charitable Trusts (SFCT) has restructured its internal communications platform to help support the financial wellbeing of its employees during the Covid-19 (Coronavirus) pandemic. The online platform, which was initially introduced in January 2020, was originally created to give employees about business updates, as well as the opportunity to ...
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ArticleNorthern Ireland health and social care staff receive 3.3% pay rise
Agenda for Change employees in Northern Ireland will receive a 3.3% pay rise, backdated to 1 April 2019.The pay rise is part of the Agenda for Change pay frameworkwhich was announced by Robin Swan, minister of health, in January 2020, in a bid to restore pay parity with England.Agenda for ...
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ArticleGovernment introduces £60,000 life assurance scheme for front-line healthcare workers
Front-line health and care employees in England will be covered by a life assurance scheme that financially benefits their family if they die due to Covid-19 (Coronavirus).On 27 April 2020, the government announced bereaved family members will receive £60,000, totaling approximately double the average pensionable pay for NHS employees.The government ...
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ArticleGovernment suspends pension tax charges for retired NHS staff returning to work
The government will temporarily suspend pension tax charges for all retired NHS employees who decide to work during the Covid-19 (Coronavirus) pandemic.This is to ensure that there are not any significant tax charges to employees' pension income for retired individuals due to their change in circumstances, especially those aged 50 ...
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Supplier articleHow to successfully help your team adapt and collaborate during COVID-19
The impact of COVID-19 has undeniably had an effect on teams and organisations globally, it’s forced many into new ways of working such as working from home for the foreseeable future. For some people, working from home can be a big change and a new concept to adapt to. For ...
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Supplier articleImproving Sleep During Lockdown
For your average commuter with a well-established routine, this new lifestyle of working at home has the potential to drastically impact sleep patterns. It’s easier than ever to slip into bad screen-time habits, such as Netflix binge-watching or spending more time on social media before bed. Not only this, but ...
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OpinionLouise Skinner: Are your contracts compliant with updates to employment terms?
The Good Work Plan, issued in December 2018, brings in reforms to Section One of the Employment Rights Act 1996 (ERA).These relate to new obligations on employers in the provision of written statements of particulars of employment and adopt many of the recommendations set out in the Taylor Review of ...
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ArticleOutsourced cleaners at Lewisham Hospital receive pay rise
Cleaners at Lewisham Hospital, who are employed by private outsourcing company ISS, will receive an hourly pay rise, effective immediately.The new hourly rate will see employees' pay increase in line with the London Living Wage of £10.55 per hour. Employees will also see their pay backdated to February 2020.Helen O’Connor, ...
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ArticleThe Pensions Regulator advises DB pension members to not move funds during Covid-19
The Pensions Regulator (TPR) has issued guidance advising trustees to send defined benefit (DB) members, looking to move their retirement funds, a letter warning them of the risks during the pandemic, urging them to make their decisions carefully.Since 2015, many members have taken advantaged of the flexible DB schemes offered ...
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ArticleShearman and Sterling offers 2,066 employees sabbatical leave on 30% pay
Global law firm Shearman & Sterling is offering all of its 2,066 global employees a sabbatical on 30% pay during the Covid-19 (Coronavirus) pandemic. Employees that choose to take on this new benefit will be able to take up to three to six months off work.This is the first measure ...