All Employee Benefits articles in Web Issue – Page 1433
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ArticlePay awards for second quarter double
Pay awards for the second quarter of this year were worth twice what they were during the same period in the first quarter, according to analysis from XpertHR. In the three months to 30 June 2021, the median pay award was 2%, double the 1% recorded in the first three ...
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Article44% of employers to review benefits offering
Almost half of employers may need to review their current benefits offering following the move towards greater remote and home working as a result of the Covid-19 (Coronavirus) pandemic.Employee benefits consultancy Howden Employee Benefits and Wellbeing surveyed more than 200 senior HR professionals from a range of public, private, and ...
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ArticleBank of England ethnic minority staff paid less
An internal review at The Bank of England has found ethnic minority staff are paid less than white colleagues and are also less likely to be promoted.The near year-long review by the bank's Court of Directors, led by Diana Noble, a non-executive director, revealed that while wages and pay rises ...
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ArticleNHS offers 3% pay rise to nurses and cleaners
The NHS has agreed to a 3% pay rise for nurses and other health workers in England and Wales after accepting the recommendations in full of the NHS independent pay review bodies.However, some nurses are threatening industrial action over the offer. A Royal College of Nursing (RCN) spokesperson said members ...
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Supplier article94% of Trustees fear retiring members will be targeted by scammers
WEALTH at work’s latest survey* with the Pensions Management Institute (PMI) has revealed that 94% of Trustees fear their members approaching retirement will be targeted by scammers.Jonathan Watts-Lay, Director, WEALTH at work, comments; “Pension scams are a persistent problem which has a devastating impact on those who become victims. Our ...
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Supplier articleHelping employees save, invest and organise their finances with employee benefits
According to Salary Finances, those that have poor financial health are 3.7 times more likely to be suffering from anxiety and 5.3 times more likely to be feeling depressed and finding it hard to carry on with daily life. As poor financial wellbeing can significantly affect someone, helping your employees ...
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Supplier articleWhy is financial education and guidance so important right now?
Financial education and guidance are beneficial to the financial well-being of employees and pension scheme members regardless of the climate. However in times like these, when individuals are extremely concerned about their finances, they are perhaps more likely to make knee-jerk decisions that could have a lasting impact on their ...
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Supplier articleIntroducing the brand-new Salary Extras employee discount app
Salary Extras has undergone a fancy new rebrand and we’ve introduced a brand-new employee discount app to go with it, designed to make your instant employee discounts even slicker.Employee benefits have played a huge part in recent times in supporting employees with the various challenges they’ve faced.In particular, employee discounts ...
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ArticleJohn Howie offers incentive to plug staff shortages
Something for the weekend: Organisations struggling to recruit new workers might be interested to learn about John Howie Restaurants’ latest hiring tactic.The US hospitality chain is offering $500 (£364) to customers who find thyme to successfully recommend employees in a risky move which could see its staff shortages exacerbated by ...
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ArticleKingfisher completes £900 million bulk annuity deal
Kingfisher, a retailing company that manages B&Q and Screwfix, has completed a £900 million bulk purchase annuity transaction for its pension scheme.Aviva will insure the defined benefit pension liabilities for more than 8,000 members, taking responsibility for the investment and longevity risk. Members will see no change in the amount ...
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ArticleThe top 10 most-read articles between 16 July - 22 July 2021
The top 10 most-read stories on employeebenefits.co.uk between 16 July – 22 July 2021 were: Employees to miss pyjamas in office return80% think employers are not ready for flexible workingHow can Covid-19 benefits survive and thrive in the long term?How Essex County Council is reimagining benefits post-pandemicNHS Fleet Solutions to ...
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ArticleQBE European reveals 54.9% ethnicity bonus gap
Insurance business QBE European Operations has revealed a 54.9% mean ethnicity bonus gap in its first report of this kind.The organisation's median bonus gap was 43.9%, with 75% of ethnic minority staff receiving a bonus compared to 91% of white employees, according to its UK ethnicity pay gap report 2020.In ...
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ArticleKavitha’s keynote: Feeling valued at work
A couple of weeks ago I wrote about the importance of maintaining praise in the pandemic and ensuring employees feel valued at work, especially after so many months of having very limited in-person contact with colleagues and consequently fewer opportunities to receive face to face feedback.This week, the findings of ...
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Article75% of employees want hybrid working model
New data has revealed that three-quarters of UK employees in industries where working from home is possible want a hybrid working model.Commissioned by London-based startup YuLife, a YouGov survey of more than 2,000 British adults looked into workplace wellbeing, employees’ expectations from employers, and the future of work. It found ...
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ArticleHymans Robertson introduces hybrid working
Hymans Robertson has offered all its employees the opportunity to work in a hybrid way following the Covid-19 (Coronavirus) pandemic.The pensions and financial services consultancy’s new approach will allow all 1,000 staff to choose from a mixture of remote and office working. It was developed after extensive consultation with employees ...
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Supplier articleThe real question you should be asking yourself about lifting restrictions and the return to the workplace
The question of whether employers should ask staff to return to the workplace has dominated business coverage over the last month. The true question business leaders must ask is not ‘what can you do?’ as we transition back to pre-pandemic activities, but rather ‘what do staff actually want?’.Here are the ...
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ArticleFirst Sentier Investors hires chief people officer
Specialist investment capabilities provider First Sentier Investors has recruited Melanie Halsey as its new chief people and culture officer.Halsey, who will be based in London, will report to chief executive officer Mark Steinberg and is expected to join on 6 September 2021.According to First Sentier, she will be primarily responsible ...
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Supplier articleHow inclusive is your wellbeing offering really?
The wellbeing sector might cater to single, young people, but on the employers’ side this demographic makes up just one portion of the workforce. Particularly as staff transition back into the office, more nuanced support for high needs groups will have a resounding impact on the success of hybrid working ...
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ArticleUK employees least motivated to work from home
UK employees working from home are finding it more difficult to stay motivated compared to their European counterparts, according to recent research.The survey, commissioned by enterprise management cloud specialists Workday and carried out by Yonder Consulting, spanned nine European countries and interviewed more than 2,000 employees in each country. It ...
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Poll: Has your organisation ever published an ethnicity pay gap report?
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