All Employee Benefits articles in Web Issue – Page 1370
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ArticleAsda to reward front-line staff with 100% bonus and Boxing Day paid leave
Asda is to give front-line staff an additional day’s paid leave and reward them with 100% of their bonus entitlement for 2020.The retailer will close all stores on Boxing Day in order to give staff an additional day’s break over the Christmas period when Covid-19 restrictions on family gatherings will ...
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ArticleLloyds Banking Group reports 6.8% mean ethnicity pay gap
Lloyds Banking Group has reported a mean ethnicity pay gap for black, Asian and minority ethnic (BAME) employees of 6.8%, while the BAME bonus gap was 26.3%.The mean pay gap and bonus gap was widest for black employees at the high street lender, at 16.7% and 52.9% respectively.Asian employees still ...
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Supplier articleBusy Bees Benefits: Retirement Savings
There are certain things in life that will happen whether we plan for them or not. One of these is when we reach the conclusion of our working lives and want to continue to receive an income without having to work. This is otherwise known as retirement savings, wages without ...
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Supplier articleBusy Bees Benefits: Employee Benefit Platforms
Employee benefit platforms do not have to be complex, either in terms of IT infrastructure or from a cost perspective. At Busy Bees Benefits, we have found that when we talk to customers, too many of the benefit providers they have come across charge high prices and offer complex solutions.Technology ...
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ArticleNorthern Gas Networks completes £385 million pensions buy-in transaction
Gas distributor Northern Gas Networks (NGN) has completed a £385 million pensions buy-in transaction with Legal and General.The arrangement will secure the defined benefit (DB) pension benefits of 600 retired members of the Northern Gas Networks Pension Scheme, removing their investment and longevity risks from the scheme. Members will not ...
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ArticleEXCLUSIVE: 44% of employers support staff at retirement
Just over two-fifths (44%) of respondents to this year’s research stated that their organisation supports staff at an employee's retirement life stage according to research by Employee Benefits.The Employee Benefits Pensions research 2020, which surveyed 94 pension strategy decision-makers found that this is compared to the 46% of respondents that ...
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ArticleMaintenance staff at Norfolk and Norwich University Hospital to receive 4.5% pay increase
Outsourced maintenance staff, incuding electricians and plumbers, at Norfolk and Norwich University Hospital have accepted a new pay deal for 2020-21.The deal, which follows negotiations with trade unions Unite and outsourcing employer Serco, will see 50 employees receive a 4.5% pay increase.The pay rise, backdated to 1 April 2020, will ...
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AnalysisHow are employers recognising employees' efforts during the Covid-19 pandemic?
Need to know: Continual employee recognition, during a time of crisis such as the Covid-19 (Coronavirus) pandemic, has been crucial to support employees' engagement and motivation.Employers that have suffered financially from the crisis can still find ways to motivate and recognise staff that do not bust budgets.Organisations must find strategies ...
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Case StudiesThe Landmark London uses communication channels to recognise staff during pandemic
Luxury hotel The Landmark London used its digital communication channels during the Covid-19 (Coronavirus) pandemic to motivate and recognise staff.Prior to the pandemic and consequent lockdown in March 2020, many of the hotel's communications and recognition initiatives were held face-to-face. However, the vast majority of its 500 employees adopted a ...
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OpinionKate Cooper: Creative ways to recognise employees’ hard work
This year has been a difficult time for all and so will it continue to be, heading into 2021. Getting together in the same physical location is just not an option, but this should not mean that those other important messages cannot be sent. So how do we tell people ...
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Supplier articleWhat type of recognition do employees want?
There is always the debate about what type of recognition do employees actually want. Is it the promise of monetary bonuses for stellar performance and big achievements, or is it through regular recognition with non-financial rewards? There is no right and wrong when it comes to recognising your team, and ...
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Article86% changing approach to health and wellbeing due to Covid-19
More than four-fifths (86%) of employers are changing their approach to employee health and wellbeing due to the Covid-19 (Coronavirus) pandemic, according to research by Unum.Its Employee benefits and the value of help research, which surveyed 350 UK employers and 1,000 employees, found that the vast majority (95%) of employers ...
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ArticleSainsbury's reports 9.7% mean gender and 0.4% ethnicity pay gaps
Retailer Sainsbury's has reported a 9.7% mean gender pay gap, as at April 2020. It has also voluntarily chosen to report its ethnicity pay gap data for the first time, reporting a 0.4% mean difference.Due to the Covid-19 (Coronavirus) pandemic, gender pay gap reporting regulations have been suspended for the ...
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ArticleAwin to introduce four-day working week
Global affiliate network Awin is to introduce a four-day week for over 1,000 employees worldwide to support the wellbeing and productivity.Following a six-month pilot during which employees worked four and a half days per week, from early 2021, the organisation will move its entire workforce to a four-day working week. ...
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Supplier articleGympass publishes Covid-19 Impact Report
Gympass, the world’s biggest corporate wellbeing platform, has released its Impact of Covid-19 in the Fitness & Wellness Universe report. Showing how COVID-19 will continue to impact the fitness industry, it also reveals how corporate wellness is top-of-mind among employers and employees to support people’s health and ...
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Supplier articleIdeas for boosting employee morale through the festive season
As the scientists, politicians and Christmas adverts have all told us, Christmas will be a little different in 2020.We’ve written about how to embrace working from home during the winter before but keeping up the festive spirit while we’re all away from the workplace or even furloughed will be a ...
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ArticleHootsuite appoints Tara Ataya chief people and diversity officer
Social media management platform Hootsuite has appointed Tara Ataya chief people and diversity officer.Ataya will elevate the organisation's focus on employee experience as Hootsuite grows. She will also aim to formalise Hootsuite's commitment to diversity, equality and inclusion.She previously served as Hootsuite's vice president, people, and has worked in people ...
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ArticleVirgin Atlantic appoints Estelle Hollingsworth as chief people officer
International airline Virgin Atlantic has appointed Estelle Hollingsworth as chief people officer.In this role, Estelle will be responsible for supporting employees to thrive at work and creating an inclusive experience for all.She previously served as a vice president at the airline, where she was responsible for talent, leadership development, and ...
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ArticlePinterest agrees to $22 million settlement in gender discrimination case
Social media organisation Pinterest has agreed to pay a $22.5 million (£16.9m) settlement in a gender discrimination case.In August 2020, Francoise Brougher, former chief operating officer at Pinterest, filed a lawsuit against the organisation, stating that she received less equity in shares than her male counterparts during her first year ...
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OpinionJoanne Moseley: Government clarifies how furlough fraud will work
In October 2020, HM Revenue and Customs (HMRC) published a compliance factsheet which explained how it intended to recover furlough grants paid to employers which were not entitled to receive them. It advised organisations to check their calculations and repay what they owed if they wanted to avoid income tax ...