All Employee Benefits articles in Web Issue – Page 132
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ArticleStanlow Oil Refinery workers accept 300% bonus pay increase
Construction workers employed at the Stanlow Oil Refinery in Cheshire have secured a 300% increase in bonus pay.The 450 employees operating under the National Agreement for the Engineering Construction Industry, work for several different contractors at the site. Following negotiations, their hourly bonus rate was increased from 80p to £2.37.Workers ...
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ArticleSmith and Nephew completes £260m pensions buy-in
Smith and Nephew UK Pension Fund has completed a £260 million buy-in deal.The transaction with Rothesay, which secures the benefits of 1,885 pensioners and dependants, as well as 2,315 deferred members, is the final transaction securing the fund’s objective of insuring all of its members’ benefits. The fund is sponsored ...
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OpinionBeth Brown: High Court calls into question amendments to contracted out pension schemes
Anyone involved with pension schemes which contracted out on a salary-related basis after 1997 will want to be aware of a recent High Court ruling which could impact their scheme.In Virgin Media v NTL Trustees and others, the High Court held that the absence of a Section 37 certificate invalidated ...
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Supplier articleEmbracing Remote Work in the UK: How Businesses Can Adapt
For many in the UK, the future of work is digital and decentralised. As the workplace landscape morphs into this dynamic setting, many business leaders are navigating uncharted waters. They are grappling with challenges like monitoring workloads, ensuring productivity, and preventing employee burnout. The good news? There's a guidebook to ...
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Supplier articleSUPPORTING NEW PARENTS: REGULATIONS & SAVINGS
EMPLOYEE EXPERIENCE SERIES: SUPPORTING NEW PARENTS: REGULATIONS & SAVINGS In our second blog dedicated to supporting parents in the workplace, we cover some statutory regulations supporting working parents. Detailing the costs parents face, we also explore how they can use their employee benefits to save money on ...
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ArticlePrysmian Group launches new global parental support policy
Energy and telecom cable firm Prysmian Group has launched a new global parental policy in all countries where it operates, including those in Europe, North America, and APAC.The new parental policy will raise the minimum parental leave for mothers and primary caregivers from 12 to 16 weeks at full salary, ...
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ArticleMOMO Kombucha brewery launches period policy for staff
MOMO Kombucha brewery has introduced a period policy for its employees. The policy was launched to facilitate positive conversations about periods in the workplace and to offer support to staff.The policy offers employees that experience period pain which makes it difficult to work up to one full day of paid ...
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ArticleRhondda Cynon Taf Council recognised as living wage employer
Rhondda Cynon Taf Council has been accredited as a living wage employer, a commitment which will see no-one working at the council paid below the current minimum hourly wage of £10.90, higher than the government minimum for over 23s, which currently stands at £10.42 per hour.The announcement of accreditation follows ...
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Supplier articleLegal Obligations and Beyond: An Employer's Guide to UK Benefits
In the modern professional landscape, offering employee perks is essential to ensure the satisfaction and engagement of your top talent. While some of these benefits can be discretionary, there are a few that UK businesses, irrespective of their scale, must provide.This piece sheds light on the indispensable employee benefits in ...
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ArticleAnchor receives menopause-friendly accreditation
Specialist housing provider Anchor has received a menopause-friendly accreditation in recognition of its commitment to inclusive practices and supporting employees experiencing perimenopause and menopause.The accreditation, awarded by Menopause in the Workplace, highlights organisations which are taking positive steps to embrace menopause to establish a working environment that sets up employees ...
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Case StudiesReed invests in graduate proposition
Reed communicates the range of benefits it offers to support and attract graduates by promoting these externally and targeting them while still at university.The recruitment firm, which has 2,000 employees, with 1,800 in the UK and the others spread across Europe and South Korea, allows all staff to work flexibly, ...
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AnalysisBenefits for graduates
Research has shown that graduates value a good work-life balance and development opportunities when entering the workforce.The Covid-19 pandemic and cost-of-living crisis have meant that graduates are also looking for wellbeing and financial benefits.Being aware of available support and inclusive benefits can be attractive even if graduates are unlikely to ...
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Article57% of millennials feel uncomfortable discussing mental health at work
Over half (57%) of millennial employees do not feel comfortable disclosing mental health or psychological conditions, such as ADHD, anxiety, or depression, in the workplace, according to research from Reed.co.uk.The research, conducted among 2,000 UK workers, found that Millennials, those born between 1986 and 1991, are less likely to open ...
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ArticleExclusive: Adecco Group to speak at Employee Benefits Live 2023
Helen Tomlinson, head of talent UK and Ireland at The Adecco Group and government menopause employment champion, will delievr a session on women's health at Employee Benefits Live 2023.Titled Women's health in the workplace - A predictor of career potential, the session, which will take place on Tuesday 3 October ...
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ArticleBritish Airways agrees 13% pay rise for staff
Unite has secured a 13.1% pay rise for around 24,000 staff employed by British Airways in the UK, according to the union. Not including pilots or management, the workforce will receive the pay rise over an 18-month period, together with a £1,000 one-off payment. The union has ...
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ArticleSky appoints new members to Diversity Advisory Council
Sky has appointed Phyll Opoku-Gyimah (pictured right) and Tunde Banjoko (pictured left) to its Diversity Advisory Council to support the business as it broadens its diversity and inclusion focus to include LGBTQ+ inclusion and social mobility.Opoku-Gyimah, co-founder of UK Black Pride, and Banjoko, founder of Making The Leap and the ...
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ArticleGretna Green accredited as living wage employer
Credit: chrisdorney / Shutterstock.comWedding venue and events business Gretna Green has received living wage employer accreditation from Living Wage Scotland.As part of its living wage commitment, all Gretna Green employees will receive a minimum hourly wage of £11 per hour. This is above the UK’s living wage requirement of £10.90, ...
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ArticleBentley Motors staff complete 30-day hydration challenge
Credit: nitpicker / Shutterstock.comVehicle manufacturer Bentley Motors has completed a 30-day hydration challenge as part of a commitment to prioritising workforce wellbeing and productivity.The challenge, which was run by Hydrate the Nation, involved 500 Bentley Motors employees increasing their daily water intake in order to foster a culture of hydration-consciousness ...
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ArticleBunzl, Ocado and Rolls Royce among top UK firms for retention
Distribution and outsourcing firm Bunzl, grocery business Ocado Group and vehicle manufacturer Rolls Royce have been named as some of the top UK firms for employee retention.Resume builder Resume.io analysed LinkedIn data to identify the large organisations where employees stay for the longest and shortest times in the US, UK, ...
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ArticleThe top 10 most-read articles between 28 July - 3 August 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 28 July - 3 August 2023 were: High Court rules BBC cannot change pension to cut future benefitsMitchells and Butlers completes £1.2 billion pension buy-inWoolworths Group faces charges for underpaying long service leaveTeachers in England accept 6.5% pay riseBirmingham Airport staff accept ...