All Employee Benefits articles in Web Issue – Page 1316
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OpinionNigel Peaple: How will the Covid-19 pandemic affect employees that are due to retire this year?
Covid-19 has caused significant disruption to all aspects of everyday life worldwide, including the way we work. Reduced hours, remote working, school closures, homeschooling, enforced holiday, furlough and, in some cases, even being laid off.At this time of national crisis, pension trustees want savers in workplace schemes to be reassured ...
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OpinionEmma Martin: Keep calm and do not panic about retirement plans
With Covid -19 causing market volatility and financial uncertainty, employees due to retire this year may be worrying about the impact of the pandemic on their retirement savings and retirement plans. The key message for these individuals is to keep calm and do not panic.Employees should be reassured that if ...
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AnalysisHow will the Covid-19 pandemic affect employees that are due to retire this year?
Need to know: Employers need to ensure that employees know what is happening to their pension investment funds and retirement plans.A comprehensive communication strategy is needed to ensure employees are aware of their options at retirement, even in a pandemic.Communications must be tailored to the individual and depend on their ...
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Supplier articleBusy Bees Benefits: What does the introduction of flexible furlough mean?
HMRC has recently released details of the flexible furlough scheme, which starts in July 2020.The new scheme comes into effect after the 1st July and means that employees can now work for some of the week and be furloughed for the rest.If your business is planning on making use of ...
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ArticleLarchwood Care to provide full sick pay for social workers
Larchwood Care is to pay its social care workers in full if they have to self-isolate during the Covid-19 (Coronavirus) pandemic, effective immediately.Following negotiations with the carers' union GMB, the organisation has agreed to the pay conditions, ensuring all of its carers who work within residential and dementia care, will ...
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Article71% of staff believe employers can help manage their health through technology
Just under three-quarters (71%) of employees believe their employer can help them manage their physical health through technology, according to research by Aetna International.The research of 4,000 respondents in the US, UK, United Arab Emirates (UAE) and Singapore also found that almost two-thirds (61%) of employees felt the same about ...
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ArticleBuckingham Group to lift Covid-19 pay cuts
Construction organisation Buckingham Group is to return 130 employees to full pay from 1 July 2020.Since April 2020, 130 out of its 620 employees have been asked to take a mandatory pay cut. Office-based staff saw a reduction of salary ranging from 6% to 17.5%, senior managers a decrease of ...
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Supplier article10 employee morale boosters to engage your team
The new norm has changed the way we function, operate and go about our daily lives, both professionally and personally.As of late, we often do not even know what day it is as our daily structure and routines have been altered and re-altered.There’s a need now more than before, especially ...
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Supplier articleNetwork Rail combines employee benefits with wellness solutions to attract and retain talent
Network Rail – the owner and operator of Britain’s railway infrastructure – firmly believes employee benefits play an important role in attracting and retaining talent. Added to this, it values physical activity and wellbeing solutions to help safeguard the health and wellbeing of its 40,000-plus employees.Last year, Network Rail partnered ...
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OpinionNicholas Stretch: How are all-employee share plans faring as a benefit in the current crisis?
The two widely used share plans in the UK are sharesave (SAYE) and the share incentive plan (Sip). They, like most employee benefits at the moment, are under real pressure from companies and their participants to show value for money, appeal and flexibility. After all, while employee share plans are ...
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ArticleGovernment publishes further guidance on job retention scheme
The government has published further guidance on the Government Job Retention Scheme (GJRS), including more information about the new flexible furlough rules.From 1 July 2020, businesses will be able to bring back furloughed employees to work a flexible pattern, while claiming funds back for the hours that they do not ...
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Supplier article40 ideas to improve company culture and boost morale
Between forgetting what day it is, not knowing what your weekend plans look like or when you’ll see your work buddies again for a pint at the local pub, the pandemic has taken a toll on many, including your employees who are navigating temporary remote work.But along the road to ...
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Supplier articleTop strategies for promoting balance in the COVID-19 era
Many workers are having to deal with the blurring of their home and work lives as they navigate enforced working from home during the pandemic. For all employees, the economic impacts of COVID-19 and the lockdown create uncertainty, and likely increased pressure to deliver at work. According to research conducted ...
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ArticleAer Lingus introduces 50% pay cuts and reduces hours for 4,500 staff
Irish airline Aer Lingus is to introduce 50% pay cuts and respective reductions to working hours for its 4,500 employees, to cope with the financial constraints of the Covid-19 (Coronavirus) pandemic, from 21 June 2020.The organisation has been in talks with union group ICTU Group of Unions in relation to ...
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ArticleEXCLUSIVE: 76% of employers want to improve engagement in the future
EXCLUSIVE: Three-quarters (76%) of employers have a desire to improve employee engagement in the future.The Employee Benefits research 2020, published in May 2020, which surveyed 269 HR decision-makers, found that 64% want to improve the influence of employee expectations, while 63% want to be an employer of choice.In 2018, improving ...
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ArticleDMG Media reports 18.1% mean gender pay gap
DMG Media, formerly known as media business Associated Newspapers, has reported an 18.1% mean gender pay gap for hourly pay as at 5 April 2019.The organisation, which currently has 1,702 employees. reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require ...
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Supplier articleEngagement Excellence Live is going virtual!
Great news: our popular Engagement Excellence Live seminar series is going virtual!Join us on Wednesday 22nd July at 1 - 4:30 PM BST for our first virtual event of Engagement Excellence Live in the U.K., where we’ll host live and interactive keynotes from HR Heroes and thought leaders.During this interactive ...
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Case StudiesInternational SOS recognises employees' achievements amid Covid-19 pandemic
Global medical and travel security services organisation International SOS has publicly recognised all of its its employees by featuring them in a special edition of its monthly newsletter, 'celebrating our heroes’ during the Covid-19 (Coronavirus) pandemic.Employees from across Europe were featured in the March 2020 edition, which was sent out ...
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AnalysisHow can a total reward strategy incentivise productivity from home?
Need to know:Employers need to do their due diligence to find out how their employees expect to feel appreciated while working from home.Simple gestures, like verbally recognising employees, can motivate them and increase productivity.Increasing flexibility for employees who cannot work their normal hours can take the pressure off and help ...
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OpinionCharles Cotton: Well-communicated benefits lead to greater employee motivation
Working from home has many benefits but it can also increase feelings of isolation, which may be heightened further during lockdown. It is therefore important that employers consider how to bring out the social aspects of a total reward package.They may suggest that teams have a weekly social catch up ...