All Employee Benefits articles in Web Issue – Page 1447
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Article25% of workers do not have a workplace pension
A quarter of workers (25%) do not have a workplace pension, with another 5% saying they have no idea whether they have one or not, according to research conducted by the Pensions and Lifetime Savings Association (PLSA).The survey of 2,075 workers, carried out by Yonder Consulting, also revealed that one ...
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Article71a gives staff pay rise after national insurance hike
Gloucestershire, UK-based digital marketing business 71a has announced it will give its entire workforce a pay rise following the news that national insurance (NI) will increase by 1.25% next April.Edward Newman, who founded the start-up in 2019, promised his six full-time members of staff a pay augmentation next April in ...
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ArticleLDA Design becomes employee owned
LDA Design, a consultancy of designers and architects, has become a 100% employee-owned business through an employee ownership trust (EOT) to maintain its long-term independence.According to the organisation, which has been working towards employee ownership for a number of years, the transition has enabled it to put in place new ...
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Poll: Is your organisation planning to give staff any extra days off for their mental health?
[polldaddy poll=10916326]
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OpinionHelen Burgess: It's a good idea to plan festive reward strategies early
People are starting to talk about Christmas, so it’s a good idea to think about a festive strategy now.Requests for leaveIf an organisation’s holiday year runs to the end of the calendar year, it should remind employees to book and use their holiday entitlement to avoid a last-minute rush for ...
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AnalysisHow has the pandemic changed the shape of Christmas incentives and rewards?
Need to know:Employers are taking a more personalised and imaginative approach to gifts this Christmas. Think pamper days, bespoke hampers and personalised gift cards.This year, many employers will be using the budget they would have spent on Christmas parties on rewards and gifts.Many are also offering blended rewards, combining high ...
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Case StudiesSevern Trent values in-person celebrations during the festive period
Severn Trent is one of the biggest water firms in the UK and provides more than eight million people with clean drinking water every day. Its head office is in Coventry and it has 7,000 employees across the East and West Midlands, stretching into Wales. Around 60% of staff are ...
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ArticlePoll: 90% of employers plan or consider staff pay rise
Employee Benefits poll: Nine out of 10 organisations are either planning to give staff a pay rise in 2022 or are considering the option.According to Employee Benefits' latest research, 43% of employers confirmed they will boost staff pay next year, while another 47% said the strategy was under consideration.Just 7% ...
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Article27% of retiring staff fail to understand income options
More than a quarter (27%) of employees approaching retirement admit that they need help understanding their income options, according to a new survey.Vital Research carried out the study on behalf of financial wellbeing and retirement specialist Wealth at Work, speaking to 1,320 UK employed adults aged over 50, and found ...
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Article366,000 jobs advertised without salary information
Nearly four in 10 UK vacancies - equating to more than 366,000 roles - are advertised without salary information, according to new research from job search engine Adzuna.The study analysed 1.9 million UK jobs advertised during the first half of 2021 and 2020 to find out which sectors offer the ...
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ArticleMorrisons to slash sick pay for unvaccinated workers
Supermarket chain Morrisons has announced that it plans to reduce sick pay for unvaccinated employees in the hope that it will encourage more people to get the jab.According to the retailer, it also expects to save money by changing its policy from next month (October), although the wage reduction will ...
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Supplier article5 Must - Have's for a Successful Employee Reward and Recognition Programme
An employee Reward and Recognition Programme is no longer a buzz word nor a nice-to-have, but rather something which many organisations have incorporated in some way into their overall organisational strategy. Due to the diversity of employees - geographically and demographically - a successful employee recognition programme should not follow ...
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ArticleGender pay gap advice published before deadline
The Chartered Management Institute (CMI) has published new gender pay gap advice in conjunction with the Equality and Human Rights Commission on measures organisations should be taking to address pay inequality.The Institute stressed that women were hit worst by the pandemic, citing research showing they were more likely to work ...
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OpinionLee McIntyre-Hamilton: National insurance rise causes concern among employers
Given the sizable budget deficit and the demands of the NHS and social care, it will be no surprise to many that taxes are set to increase with the new 1.25% health and social care levy. However, the timing and nature of the rise has rightly caused grave concern among ...
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Article32% of employees have personal finance education
Less than a third of workers (32%) are offered personal finance education as an employee benefit, according to new data.Financial wellbeing platform Nudge Global released its 2021 global report, Disrupting money habits: why it's time for organisations to break cycles of exclusion, in order to highlight the opportunity and need ...
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ArticleLancaster University staff plan strikes in pension row
Lancaster University employee strikes are reportedly “inevitable” amid an ongoing dispute over pension cut plans.Last month (August), the University and College Union (UCU) emailed more than 50,000 members in Universities Superannuation Scheme (USS) institutions inviting them to a meeting to outline their preparation to ballot and take part in industrial ...
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Article89% of employers offer counselling as a staff benefit
New research has revealed that nine in 10 businesses (89%) offer counselling or an employee assistance programme (EAP) as part of their reward strategy, making it the number one benefit provided by UK organisations.For its latest benefits and allowances survey, online HR resource XpertHR received responses from 180 organisations which ...
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Article23% of employees have no pension plan
Almost one in four (23%) members of staff have no pension plan in place, despite the requirement for employers to provide and automatically enrol employees on to a scheme.The research has been carried out by HR and payroll services business MHR International to run alongside Pensions Awareness Day taking place ...
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OpinionJulie Morris and Michelle Last: Should fertility support be a statutory right?
The number of people undergoing fertility treatment in the UK increases steadily each year. In 2019, more than 53,000 patients underwent around 69,000 fertility treatments. While we await the latest data, this upward trend means it is increasingly likely that employers will be faced with requests for work absences from ...
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Case StudiesWickes supports staff with menopause and fertility benefits
UK home improvement retailer Wickes has more than 7,000 employees working at 233 stores across the country.The business rolled out the Peppy Menopause and Fertility services for its staff at the end of February as it had been looking to improve upon its family-friendly policy. Support for miscarriage and in ...