All Employee Benefits articles in Web Issue – Page 1304
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Supplier articleThree Ways to Support Furloughed Employees
The coronavirus outbreak has had a huge impact on employment levels in the UK and will most likely continue to do so for some time. It is said that more than 6 million UK workers are on the Government’s furlough scheme that was introduced under the Job Retention Scheme (JRS). ...
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Article45% of employees predict permanent changes to flexible working
45% of employees are predicting a permanent change to their employer's approach to flexible working after the Covid-19 lockdown restriction ends, according to research by telecommunications organisation O2 Business.It's survey of 2,019 working adults, conducted between 20 March 2020 and 27 March 2020, also found that a third (33%) of ...
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ArticleLowe's rewards 300,000 front-line employees with special bonus payment
US retail store Lowe's is rewarding its 300,000 employees with a special payment to thank them for their hard work during the Covid-19 (Coronavirus) pandemic.The bonus will be paid alongside the employees' monthly salary payment in May 2020.Full-time employees will receive a $300 (£242) bonus payment, and all part-time and ...
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Supplier articleBusy Bees Benefits: Pension Salary Sacrifice Considerations For Furloughed Employees
In these unprecedented economic times, there is much for an employer to consider around salary sacrifice pensions when managing furloughed employees during the COVID-19 lockdown restrictions. This article by Busy Bees Benefits aims to provide some clarity for business owners on what they must consider.It is important to remember that ...
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Supplier article11 employee recognition best practices for future-proof culture
Although many organisations' priorities have shifted because of the COVID-19 pandemic, the need to engage your people hasn’t. The majority of employees today (about two-thirds, according to the latest research) are still disengaged from their workplace. These employees do not feel motivated or valued by their employers. Many feel invisible ...
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Case StudiesAbcam recognises staff that foster business values
Global life sciences organisation Abcam introduced a recognition strategy to reward its employees that live out its values and display exceptional moments of hard work.The culture at Abcam has always been important to the organisation, with the business working to the key values of dedication, audacity and agility.Based on these ...
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AnalysisHow recognition schemes can help employers to foster good behaviours
Need to know: Recognising and rewarding staff can boost morale and engagement.Peer-to-peer recognition schemes help to remove any sense of hierarchical structure.Senior leadership teams that promote recognition can encourage employees to lead by example.Employee recognition schemes are becoming ever-more important for employees to reach the best of their abilities at ...
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OpinionKate Cooper: Recognition schemes must display a clear sense of fairness
The Institute of Leadership & Management undertook research last year into the values that are espoused by organisations and those that individuals hold, to discover whether there is alignment between the organisation and its employees, and who decides the organisational values that employees are expected to live.Although it did not ...
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Supplier articleHow Cultural Alignment Enables Continuity
Cultural continuity is an important aspect of wider business continuity that has sometimes been overlooked. With the rapid spread of the pandemic, many businesses were forced to think on their feet about how they maintain that continuity, and cultural continuity will likely be of increased prominence over the coming years.At ...
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ArticleHonest Burgers gives 730 employees early access to furlough pay
UK restaurant chain Honest Burgers is offering its 730 employees early access to their furlough pay during the Covid-19 (Coronavirus) pandemic. The initiative, provided by income streaming service Wagestream, will give employees the option to request an early payment of up to 50% of their furloughed pay.Employees will be charged ...
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ArticleGreene King offers £300,000 Covid-19 support fund to 38,000 employees
UK pub and brewery Greene King is offering a support fund in partnership with the Licensed Trade Charity, to help any of its 38,000 employees impacted by the Covid-19 (Coronavirus) crisis.The Team Member Support Fund has been set up with an initial donation of £300,000, which has been raised by ...
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ArticleIgloo Energy launches benefits platform to support staff during Coronavirus pandemic
Energy provider Igloo Energy has launched a wellbeing platform to support its 116 employees during the Covid-19 (Coronavirus) pandemic.Announced 6 May 2020, the organisation has partnered with benefits provider Perkbox to offer its 116 employees a wide range of benefits that they can access from home including shopping discounts, free ...
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Supplier articleEmployers embracing Gympass’ online mental, physical and financial wellness solution
Employers have warmly welcomed the new Gympass Wellness digital platform which successfully closes the loop by providing 360-degree wellness support for their employees.Designed to nurture all-round healthy habits, Gympass Wellness includes mind and body solutions including mental health, tailored nutrition plans, mindfulness, meditation, sleep and relaxation programmes plus financial wellbeing ...
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ArticleGovernment launches dedicated app to support 1.5 million UK adult social care staff
A new app for 1.5 million adult social care workers, has been launched to offer support throughout the Covid-19 (Coronavirus) pandemic, providing staff with mental wellbeing support, Covid-19 guidance, and discounts available to them.The Care Workforce app, developed by NHSX and the NHS Business Services Authority, will be offered to ...
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Supplier articleGlobal benefits tech in low-flex regions
After a successful domestic benefits launch, many companies begin thinking about implementation in their other locations. But where do you start? What factors do you need to consider? And why should you expand your offering overseas at all?Starting with ‘why go global?’ we asked some of our customers to share ...
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Supplier articleCoronavirus has shown employers that online is more important than ever
The Covid-19 pandemic has already had far-reaching effects on businesses everywhere. Whether in the Americas or Eurasia, the financial and economic consequences are immense, from mass furloughing of employees in the travel industry, to bankruptcy among retail companies. It’s clear we will be seeing the economic impact of coronavirus for ...
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OpinionVikki Massarano: Member contributions during the pandemic
The Covid-19 (Coronavirus) pandemic has multiple ramifications for businesses in every sector. Its implications for pension schemes are huge. Despite the government’s confirmation in March that employer minimum auto-enrolment contributions will be covered under the Coronavirus Job Retention Scheme (CJRS) for furloughed workers, the defined contribution savings space has been ...
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OpinionMatthew Swynnerton: Key pension issues arising from Covid-19
Some trustees may receive requests from sponsors to reduce, delay or suspend contributions, as employers may seek to deviate from the schedule of contributions due to cashflow concerns.Any such proposal would require the consent of the trustees, who would need to consider the members’ best interests, the scheme rules, The ...
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Article25,847 Northern Ireland Civil Service employees to receive 2% pay rise
25,847 Northern Ireland Civil Service (NICS) employees will receive a 2% pay increase, backdated to 1 August 2019.Despite the financial ramifications of the Covid-19 (Coronavirus) pandemic, the finance minister has made the decision to proceed with the pay increase.The offer, announced by the Department of Finance, was agreed by the ...
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Article17,000 New Zealand teachers to receive pay increase
17,00 qualified teachers in New Zealand will receive a pay rise, following on from the government's Budget 2020 announcement on 11 May 2020.The new budget announcement provides a $151.1 (£74.5) million fund package over four years for those working in learning services.The minimum salary for teachers working in early childhood ...