All Employee Benefits articles in Web Issue – Page 1364
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Article94% of employers have introduced measures to support staff welfare
The vast majority (94%) of employers have introduced measures to support employee wellbeing, according to research by recruitment firm Wade Macdonald and law firm Doyle Clayton.The research, which surveyed 150 HR leaders, found that 88% of organisations favour employee assistance programmes (EAP) as a form of support, followed by 55% ...
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ArticleHigh Court rules on GMP equalisation of transfers
A new ruling by the High Court means that trustees of defined benefit (DB) pension schemes must revisit and equalise guaranteed minimum pensions (GMP) for historic transfers.The new judgement, issued on 20 November, ruled that Lloyds Banking Group pension scheme trustees are legally responsible for equalising the GMPs for the ...
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ArticleHermes UK launches mental health first aiders programme
Parcel delivery organisation Hermes UK has appointed 72 mental health ambassadors to promote good mental health across its organisation.The organisation, which employs 5,500 staff, has equipped 72 volunteers with the resources and skills to support staff that are struggling with mental health issues during the Covid-19 (Coronavirus) pandemic.The mental health ...
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Case StudiesMoneysupermarket Group uses benefits package to support organisational values
Moneysupermarket Group uses its range of employee benefits to offer choice and flexibility to its workforce, while reinforcing the values of an inclusive culture.The price comparison website business' reward package includes a range of core, flexible and voluntary benefits to ensure there are perks that appeal to all 800 employees.Neil ...
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AnalysisHow can voluntary benefits support organisational culture during a time of dramatic change?
Need to know:Voluntary benefits can help to support an organisation's purpose: by placing a focus on environmentally-friendly schemes, such as electric car schemes or bikes for work for example, employees can share the employers goals.Access to affordable health and wellbeing benefits, such as health cash plans, will help reiterate that ...
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Case Studies
Infographic: Voluntary benefits to support a company culture
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Supplier articleEncouraging your employees to use wellbeing to cope with the extended work from home reality
Working from home for some employees is an alien concept which takes some adjustment. When you’re used to a routine that involves travelling to the office, chatting with colleagues, getting into the office ‘buzz’ and collaborating on work projects in the real world of physical meetings, suddenly being plunged into ...
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ArticleRostrum introduces health and wellbeing scheme for staff
PR and content marketing agency Rostrum has introduced a health and wellbeing benefits plan for its 28 employees.The new scheme, which is provided by Health Shield, offers Rostrum employees access to 24-hour counselling support and an online GP service, as well as discounts on fitness and wellbeing initiatives, including gym ...
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ArticleWorld of Books gives employees early access to pay
Online book retailer World of Books is giving its 537 staff instant access to their pay to support their financial wellbeing during the Covid-19 (Coronavirus) pandemic.The organisation, which has partnered with income streaming platform Wagestream, will give employees the flexibility to access as little, or as much, of their salary ...
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ArticleKraft Heinz Company reports mean gender pay gap of -6.5%
Food organisation Kraft Heinz Company has reported an overall mean gender pay gap of -6.5% for average hourly pay as at April 2019, down from -7.5% the previous year.The organisation, which currently has more than 1,000 employees, reported its gender pay gap data in line with the government’s gender pay ...
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AnalysisEmployee Benefits Pensions research 2020
Click to download the Employee Benefits Pensions research 2020.The Employee Benefits Pensions research 2020 was conducted in October 2020 among readers of employeebenefits.co.uk.This report is aimed at helping compensation, reward and benefits professionals understand the key issues driving current pensions strategies, as well as issues shaping future provision.Key topics the ...
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OpinionLee Harding: Takeaways from the latest furlough scheme guidance
On 10 November, HM Revenue and Customs (HMRC) provided updated guidance for its headline job support measure, the Coronavirus Job Retention Scheme (CJRS), also known as the furlough scheme. While most aspects of the CJRS remain unchanged, there are some significant developments of which both employers and employees should be ...
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ArticleKeep up to date with the Spending Review 2020
Chancellor Rishi Sunak will deliver his Spending Review speech on Wednesday 25 November 2020.He is expected to provide information on further plans to stabilise the UK economy and help organisations deal with the financial ramifications of the Covid-19 (Coronavirus) pandemic.Stay tuned to the Employee Benefits website for all the latest ...
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Supplier article6 cost-effective employee benefits that can help you keep engagement high
The year 2020 has really been a test for employee engagement. More has been thrown at HR teams than at any other time since 2008! As a result of this year of change, many Reward teams are looking for ways to reduce benefits costs, save money where possible, maximise the ...
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ArticleZurich Australia introduces new family care policy for employees
Insurance organisation Zurich Australia is to introduce a new family care policy to support all working parents.Its new policy, which will come into effect on 21 December 2020 replacing Zurich's existing parental leave policy, will enable all primary parents to take up to 16 weeks' paid leave and request up ...
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ArticleSkanska UK moves to electric vehicle company car policy
Construction engineering organisation Skanska UK has introduced an electric vehicle company car policy. From 1 December 2020, the organisation will stop offering pure petrol and diesel cars as a benefit to eligible employees. From this date, it will offer electric vehicles as the primary type of car in its fleet, ...
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ArticleWickes introduces healthcare support for new parents
DIY retailer Wickes has introduced a healthcare support programme for its 8,000 employees and their partners if they become parents.The scheme, provided by Peppy, enables working parents to access confidential peronalised one-to-one support from an expert pre- and post-natal practitioner, specialist pre- and postnatal mental health support and video consultations ...
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ArticleNational living wage to increase to £8.91 from April 2021
Spending Review 2020: The national living wage is to increase by 2.2% from £8.72 to £8.91 per hour for employees aged 23 and over from April 2021.The increase, which is based on recommendations from the Low Pay Commission, was announced by Chancellor Rishi Sunak (pictured) in his Spending Review on ...
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ArticlePublic sector pay rises to be targeted at NHS and low income staff
Spending Review 2020: Public sector pay increases are to be targeted at one million front-line staff in the NHS next year, as well as low income staff in the wider public sector, although just how much they will rise by is yet to be confirmed.In his Spending Review on 25 ...
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Case StudiesSir Robert McAlpine builds on its future-proofed reward strategy with a family focus
As a construction and civil engineering business with a history spanning over 150 years, family-friendly benefits may not be an obvious thing that springs to mind when considering Sir Robert McAlpine’s reward strategy. However, as a family-owned and run organisation, the employer recognises the importance of providing support and assistance ...