All Employee Benefits articles in Web Issue – Page 1318
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ArticleGeneral Healthcare Group completes £150 million insurance scheme buy in
The trustee of the General Healthcare Group (GHG) Pension and Life Assurance plan has completed a £150 million insurance scheme buy in.The deal, which the organisation secured with Aviva, covers all of its 700 defined benefit (DB) members. In 2008, the trustee hired scheme secretariat firm Inside Pensions to provide ...
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Article6 tips to foster a company culture of inclusivity
Think about it, if we all had the same experiences, opinions and skillsets, the world would be a boring place and we’d achieve very little. It’s individuality that makes up an eclectic team of peoplein any innovative team, group or organisation.When different minds come together to achieve a mutual goal, ...
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Article
Financial wellbeing during the pandemic – time for businesses to do more
Over the last 3 years, in their employee wellbeing strategies, UK businesses have given much greater prominence to the financial wellbeing of their people. For those of us that monitor the wellbeing landscape this has come as no surprise. It’s been estimated that the financial problems of employees cost a ...
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Case StudiesDechert introduces recognition schemes during Covid-19
Global law firm Dechert has put in place recognition initiatives across its whole business to support employees during the Covid-19 (Coronavirus) pandemic.The organisation launched 'A Day to Thrive' scheme, which gives employees an extra day of annual leave this year to recognise everyone for their efforts during this challenging time.With ...
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OpinionAma Afrifa-Tchie: Recognition strategies for furloughed employees
All organisations affected by the Covid-19 (Coronavirus) pandemic have a responsibility to ensure a recognition strategy is in place to help furloughed employers with their mental health during this uncertain time.This is a new concept to many of us, and for those impacted, there is a risk it will have ...
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AnalysisHow can employers appropriately recognise employees’ efforts during a time of crisis?
Need to know:Continual employee recognition, even during a time of crisis, can help enforce workplace culture and motivate employees further.Letting employees know they are valued and their efforts are recognised can boost their wellbeing.Employers must be careful to ensure that their recognition scheme does not exclude employees that are struggling ...
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Article2 Sisters Food Group gives 560 employees full pay for self-isolation period
Food manufacturer 2 Sisters Food Group (2SFG) will give all 560 employees at its Llangefni site full pay for the self-isolation period that has been imposed on them due to the Covid-19 (Coronavirus) pandemic.All employees at the site were told to immediately self-isolate for 14 days after 61 employees tested ...
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ArticleFidelity International enhances global parental leave policy for 7,284 employees
Investment management services provider Fidelity International has introduced an enhanced parental leave policy for all of its 7,284 employees in 27 global locations.The enhanced policy allows fathers and secondary carers to receive the same paid leave entitlement as mothers and primary carers for children who are born or are adopted ...
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Article18% of employers expect a decrease in the number of bonus payments
Just under one in five (18%) respondents expect the number of bonus payments paid to employees will decrease, according to research by Paydata.Its survey of 170 human resources, finance directors, and reward and compensation specialists, also found that while almost three-quarters (74%) of employers are still offering a bonus scheme, ...
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Supplier articleTop tips on training for a culture of appreciation
Sixty-four percent of companies are making one major mistake. According to recent research by Achievers, just one third of companies are training their team members in how, when, and why to recognize their peers for their contributions. The large majority are leaving an important driver of positive culture somewhat to ...
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Article
‘Family first’ favoured by employees - Employee Benefits copy
The rise in remote working across thousands of locations has put Britain’s workforces through the mill since March. Employers up and down the country have worked tirelessly and creatively to keep their employees motivated and connected while seeking to protect their physical and mental wellbeing. Technology has most definitely come ...
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OpinionCaroline Harwood: Company car tax in the Covid-19 world and for the new normal
Higher car benefit costs have pushed many employers away from company cars and towards a cash-based car allowance in recent years. However, there are still employees who have company cars and who could benefit from a reduced benefit-in-kind charge during lockdown by eliminating the availability of their company vehicles or ...
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OpinionKate Martin: Managing an employee’s holiday allowance while on furlough
With so many holidays booked and cancelled during lockdown, and there being a number of bank holidays that have fallen during this period, it has left employers wondering what is the right way to be managing employees’ holiday allowances while they are on furlough.The government guidance on taking holiday while ...
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Supplier article‘Family first’ favoured by employees
The rise in remote working across thousands of locations has put Britain’s work forces through the mill since March. Employers up and down the country have worked tirelessly and creatively to keep their employees motivated and connected while seeking to protect their physical and mental well-being. Technology has most definitely ...
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Supplier articleHow HR technology is helping us return to the office
By Robert Hicks, Group HR Director at Reward GatewayIn this new world we’re living in, you might forget what day of the week you’re on. But for me, I know that on Fridays, it’s 'survey prep day.’ It’s the first in a series of tactics that I’ve put in place ...
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ArticleLaing O'Rourke returns 8,000 employees to full pay
Construction organisation Laing O'Rourke will return all of its employees to full pay and full working hours, after introducing cost reducing measures during the Covid-19 (Coronavirus) pandemic.The salaries and hours of 8,000 employees were cut by 20%, while senior management and board directors received a 30% reduction in pay and ...
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ArticleNorthern Ireland Ambulance Service HSC Trust gives ambulance workers pay rise
Northern Ireland Ambulance Service HSC Trust is giving its ambulance workers a pay rise, backdated to January 2017.The pay changes will affect emergency medical technicians (EMT), paramedics and rapid response paramedics (RRP).Alongside the pay changes, employees will see their pay bands upgraded within the Agenda for Change pay structure.EMTs will ...
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ArticleKier Group reports 19.1% mean gender pay gap
Kier Group has reported a mean gender pay gap of 19.1% for hourly pay as at April 2019.The organisation, which currently has over 15,000 employees. reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with 250 or more employees ...
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ArticleEXCLUSIVE: 73% of employers offer group personal pension schemes
Just under three-quarters (73%) of respondents offer a group personal pension (GPP) scheme for auto-enrolment, making it the most popular type of pension scheme that is offered.The Employee Benefits research 2020, published in May 2020, which surveyed 269 HR decision-makers, found that this has been the most popular pension scheme ...
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ArticleEileen Donnelly: How financial security can impact our wellbeing
Financial security - being and feeling able to make ends meet - is one of the key aspects of a good job and a driver to workplace wellbeing.Which employees are more at risk?While over half of UK households in poverty have at least one person in the household in employment, ...