All Employee Benefits articles in Web Issue – Page 1359
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AnalysisWhat key reward and benefits issues are on employers’ radars for 2021?
Need to know: Employers should not overlook the importance of a reward and benefits strategy in the midst of making major workforce changes, such as redundancies. Employers should use the changing face of the workplace to remove any expensive or legacy benefits that are no longer relevant. Organisations should avoid ...
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OpinionCharles Cotton: The challenges employers face in 2021
Firms that are growing currently will want to make hay while the sun shines and could look to offer a pay rise to retain talent, or lure new recruits with a higher-than-average salary in 2021. However, given the competitive job market at present, employers may find this is not necessary ...
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ArticleLego Group enhances parental leave for 18,000 employees globally
Toy manufacturer Lego Group is to enhance its global paid parental leave policy for primary caregivers, offering over 18,000 employees 26 weeks of parental leave.From 1 November 2020, employees who become parents through childbirth or adoption will be entitled to the organisation’s minimum global standard of paid childcare leave, dependant ...
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ArticleSainsbury's rewards employees with 10% bonus payment
Supermarket chain Sainsbury's is rewarding 116,400 employees with a 10% bonus, to recognise their efforts dealing with the increasing demand for supplies during the Covid-19 (Coronavirus) pandemic.The bonus, which willequate to 10% of employees’ salary based on hours they worked over a four-week period,is the second special payment that Sainsbury's ...
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ArticleBloomsbury reimburses employees for Covid-19 pay cuts
Publishing house Bloomsbury will reimburse employeeswho were affected by pay cuts during the Covid-19 (Coronavirus) pandemic.Due to the financial uncertainly caused by the pandemic, from April to June 2020, employees within the organisation were subject to pay reductions of up to 30%, with senior staff being the most adversely affected. ...
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ArticleGamestop launches TikTok competition for employees
Something for the weekend: American electronics retail organisation Gamestop has given employees the opportunity to put on their dancing shoes and get posting on TikTok.Employees have the chance to bring out their social media influencing skills and knowledge, by battling it out with their fellow co-workers for a chance to ...
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ArticleThe top 10 most read stories between 29 October - 4 November
The top 10 most-read stories on www.employeebenefits.co.uk between 29 October - 4 November 2020 were: Lloyds Banking Group cancels bonuses for senior staffHow has the role of the line manager changed in supporting employee wellbeing?WPP defers bonus paymentsGovernment extend Coronavirus Job Retention SchemeIkea introduces pay freeze for UK employeesRobert Green: ...
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Supplier articleHow salary sacrifice schemes work for furloughed employees
With the Coronavirus Job Retention Scheme (CJRS) now extended until March 2021, how will this affect your salary sacrifice schemes?Thankfully, employers have options when it comes to managing their salary sacrifice schemes for furloughed employees and employers can work with their staff to come to the best arrangement to suit ...
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Supplier article
Ad Targeting
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Supplier article
Pub Ads - Set Targeting
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Supplier article
Key
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Supplier article
Value
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Article
Poll: Are you planning to offer Christmas incentives for staff this year?
[polldaddy poll=10646884]
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OpinionLovewell's logic: Navigating stressful waters
This year, it may seem rather fitting that International Stress Awareness Day (Wednesday 4 November) fell during a week that saw England enter a second national lockdown and a nail-bitingly close US Presidential election, the results of which were still undetermined at the time of writing.Already in 2020, many organisations ...
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ArticleGovernment extends furlough scheme to March 2021
The government has extended the Coronavirus Job Retention Scheme (CJRS) to March 2021, following the introduction of national lockdown restrictions across England on 5 November 2020.Under the terms of the extension, the government will continue to pay up to 80% of a person’s wage capped at a maximum of £2,500 ...
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ArticleMarks and Spencer completes two pension buy-in transactions worth £750m
Marks and Spencer has completed two pensions buy-in transactions worth approximately £750 million for its defined benefit (DB) pension scheme.The move, which follows two previous buy-in transactions completed in 2018 and 2019, means that 80% of the scheme’s pensioner liabilities are now insured. The buy-in policies are provided by Aviva ...
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Article51% likely to review or reduce pension contributions due to Covid-19 pandemic
Approximately half (51%) of UK savers are likely to review or reduce pension contributions in favour of short-term saving or debt reduction or elimination as a result of the Covid-19 (Coronavirus) pandemic, according to research by BlackRock.Its Defined contribution (DC) pulse survey, which surveyed 1,000 UK savers, also found that ...
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Supplier articleBusy Bees Benefits: Ensuring success as an SME
Before COVID-19, the statistics found that more than half of the year’s new SMEs would close within three years. Following the coronavirus pandemic, these statistics are likely to be even higher.So what is it that makes a business successful? It takes more than hard work and a little luck – ...
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Supplier articleBusy Bees Benefits: 3 Crucial Ways To Support Employee Health
If you often wonder how you, as an employer, can fulfil your obligations to your employees and facilitate their health and wellbeing, we can help.There is a range of employee benefits you can offer to your workforce to encourage a healthy work-life balance while supporting both their physical and mental ...
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Supplier article5 tips to motivate your employees as 2020 draws to a close
As we head into the final stretch of 2020, with another lockdown and a lot of uncertainties looming, coupled with a general sense of lack of motivation and what would usually be the start of festive cheers, it's more important, now than ever before, to look at how best to ...