All Employee Benefits articles in Web Issue – Page 1320
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ArticleEXCLUSIVE: 25% of employers offer share schemes to employees
A quarter (25%) of respondents offer shares or share schemes to staff, while 14% do so purely for executive or senior employees.The Employee Benefits research 2020, published in May 2020, which surveyed 269 HR decision-makers, found that more than half (59%) did not offer this benefits, while just 2% say ...
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Supplier articleFour essential Employee Benefits all companies should consider
More so than ever before HR teams are constantly facing the challenge of how to best keep their employees engaged, motivated and dedicated, whilst making sure all spendings and costs are justifiable and the ROI is noticeable, especially when it affects the bottom line. While the vast majority of work ...
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Supplier articleBest tips for engaging Millennial and Gen Z employees
Millennial employees often get a bad rap for being ‘entitled’, ‘lazy’, ‘job-hoppers’ who would rather waste money on avocado toast than save for a house. Meanwhile, Gen Z are often labelled as ‘socially awkward’ and ‘technology-dependent’. As much as the stereotypes are inaccurate and unhelpful, one thing that shouldn’t be ...
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Supplier articleHow Cycling Can Help Employees Manage Mental Health
Even with the current easing of lock down, it’s still hugely important to look after our health and well-being. Many experts agree that exercise is beneficial to mental health, and cycling is an excellent way to fit it into your daily routine.Life is more stressful than usual at the moment, ...
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Supplier articleWhat Do Employees Want from Their Workplace Benefit Schemes?
When it comes to choosing an employee benefits package, meeting the needs of your entire workforce can seem like a daunting task. On one hand, you’ll want to implement benefits that improve recruitment efforts, whereas on the other hand you’ll need to implement schemes that reward and engage your current ...
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ArticleMetro Bank hires Carol Frost as chief people officer
Banking organisation Metro Bank has hired Carol Frost as its new chief people officer. Frost has experience as a HR business leader, with a track record of delivering strategic business transformation programmes, and a passion for identifying and developing talent. Previously, Frost has worked as human resources director at Centrica ...
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ArticleThe Stavros Niarchos Foundation rewards 4,600 hospital workers with Covid-19 bonus
The Stavros Niarchos Foundation (SNF) will reward all nurses, doctors and members of cleaning staff with a special payment for working on the front-line in Covid-19 (Coronavirus) wards.The reward will be for all workers across all hospitals in Greece, with the appreciation payment totalling $7.5 million (£6.8 million).The payment will ...
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ArticlePension savings have increased by 35% since 2017
The average pension pot in the UK for employees in large firms is now £120,000, a 35% increase from 2017, according to research by Close Brothers.The study of 200 employees, published June 2020, also found that average savings and investments has fallen by 3%.Over the three year period, on average ...
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ArticleBank of England reports mean gender pay gap of 19.5%
Bank of England has reported a mean gender pay gap of 19.5% for hourly pay as at April 2019.The organisation, which currently has over 4,000 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 ...
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ArticleEXCLUSIVE: 64% of organisations offer on-site benefits to employees
Two-thirds (64%) of employers offer on-site benefits to its employees, with more than a third (39%) providing on-site showers or laundry services.The Employee Benefits research 2020, published in May 2020, which surveyed 269 HR decision-makers, also found that this fits with a recurring theme in recent years, whereby the trend ...
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ArticleCadent offers company car scheme to its employees
Natural gas network Cadent introduced a company car scheme to its flexible benefits programme for all of its 4,076 employees.Due to the nature of the job for many employees at Cadent, the business has introduced a number of flexible benefits since being part of the National Grid in 2011. Since ...
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Case StudiesColt Technology Services introduces wide-ranging support initiatives for employees
At the start of the global Covid-19 (Coronavirus) pandemic, telecommunications firm Colt Technology Services launched a range of initiatives to support its 5,000 employees. The organisation quickly realised that it had within its means ways of assisting its employees through a hugely challenging time.Rob Green, vice president of reward, says: ...
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Supplier articleMen & mental health: Expert diagnosis and actions plans from a distance
By Tracey Ward, Head of Business Development and Marketing, Generali UK Employee BenefitsDue to the constraints of the pandemic, the use of technology to provide mental health support is key. And never more so that for your male employees, for whom confidential, immediate access, support services could literally provide a ...
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ArticleJersey increases parental leave to 52 weeks
Jersey has enhanced its parental leave legislation, ensuring that all working parents are entitled to 52 weeks of parental leave, with six weeks to be paid by the employer.From 28 June 2020, the legislation will see parental leave double from the current 26-week entitlement, enabling parents to take a full ...
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ArticleAmazon rewards front-line employees with appreciation bonus
Amazon is to pay an appreciation bonus to its employees worldwide to reward them for their efforts during the Covid-19 (Coronavirus) pandemic.All front-line employees and partners who worked at the business during June 2020 will be eligible.Full-time employees will receive a $500 (£407) bonus, part-time Amazon employees will receive a ...
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Article70% of working parents require more long-term childcare benefits
Seven in ten (70%) working parents feel they would benefit from more employer-led support with long-term childcare, according to research by Bright Horizons.Its study of 1,500 working parents also found that a further 64% of respondents would like to see more benefits relating to back-up care and support for family ...
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Supplier article5 employee benefits to engage your employees this summer
With the current Covid-19 pandemic and drastic changes to the way employees are working and organisations are operating, summer and the summer break may look vastly different to years gone by. There may be little distinction between working from home and some kind of summer break, where often there is ...
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ArticleHM Treasury publishes updated version of job retention scheme
HM Treasury has published a revised direction on the Government Job Retention Scheme (GJRS), making this the third version of the GJRS since it launched on 15 April 2020.The legislation includes updates to the flexible furlough scheme which will come into effect on 1 July 2020.Organisations will be able to ...
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Supplier articleHow to Reward Using Flexible Benefits During COVID-19
While there has been a collective effort across the UK to slow the spread of corona virus, there has also been a national effort to keep the economy going too. Staff everywhere have pulled together to help their business through these difficult times. Staff who have been furloughed have shown ...
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OpinionSamantha Woodham: Supporting employees through a divorce
42% of marriages end in divorce according to research by the Office for National Statistics, published in December 2012.If you had a blank sheet of paper, it would be hard to devise a worse process for navigating the legal side of a separation than our adversarial system. It pits couples ...