All Employee Benefits articles in Web Issue – Page 1449
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Case StudiesMetro Bank enhances staff benefits offering during the pandemic
UK community bank Metro Bank has 4,500 colleagues and offers retail, business, commercial and private banking services, and currently has more than two million active customer accounts. Its network of 78 stores are open seven days a week and 362 days a year, with UK-based contact centres open 24 hours ...
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AnalysisCan a reward strategy be truly agile while still delivering on an employer’s philosophy?
Employers have had to quickly amend their benefits approach to best support employees working through challenging circumstances.Recent times have shown us how important resilience is and the ability to cope with change swiftly, so why shouldn’t that translate to reward strategies as well?Constant change to an underlying philosophy would be ...
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OpinionStephen Perkins: Can an agile reward strategy deliver an employer’s philosophy?
My answer about whether an agile reward strategy can deliver an employer’s philosophy is yes, provided there is honesty and openness among all concerned about what holding fast to the corporate reward philosophy means. The offer may be to recognise predictably what workforce members contribute over the longer term.Alternatively, offer ...
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Supplier articleReward Gateway Launches the Engaged Index™ to Establish Employee Engagement Benchmark
Reward Gateway has just announced an addition to its employee engagement platform with the launch of the Engaged Index™, a proprietary tool that measures workforce engagement. The Engaged Index establishes an employee engagement benchmark for any job role, department, division or geographic location and helps organisations identify areas at risk ...
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ArticleActivision Blizzard recruits chief people officer
American video game holding company Activision Blizzard has hired Julie Hodges as chief people officer as part of a wider strategy to build a more inclusive workplace.Her appointment, which becomes effective from today (21 September), comes just two months after the company was served with a lawsuit from the California ...
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ArticleUK businesses to up mental health budget by 18%
New research has revealed that UK business leaders are predicted to increase their investment in employee mental health and wellbeing by 18% during the next year, one of the highest rates across the world.According to Bupa Global’s Executive wellbeing index 2021, which surveyed 1,263 high net worth employees and senior ...
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Article41% of staff are not confident discussing health issues
Almost half (41%) of UK employees would not talk to their employer if they had a health issue, according to new research.Healthcare provider Benenden Health’s survey of 2,000 employees and 500 business owners revealed the most common ailments not disclosed are poor mental health, high blood pressure and arthritis.Almost a ...
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ArticleFragomen implements global hybrid working model
Immigration services provider Fragomen has introduced a hybrid working model in order to provide flexibility and choice to its 4,500 strong global workforce.The policy was been put into place earlier this month by all of its 55 offices around the world, which includes 486 members of staff based in the ...
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ArticleWeetabix engineers strike over pay
Weetabix engineers have begun industrial action over changes to their pay that could result in them being up to £5,000 per year worse off.Picket lines were in place at factories in Burton Latimer and Corby in Northamptonshire this morning (21 September) at the start of a 48-hour strike by members ...
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Supplier articleBehind the Scenes: A look at Nationwide’s employee recognition journey
Welcome to our new series, 'Behind the Scenes,' where we'll sneak behind the curtain of how leading employers are attracting, engaging and retaining their talent. First up is Nationwide...Nationwide is the world's largest building society and one of the most popular mortgage providers in the UK, employing over 18,000 people ...
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OpinionAhmed Al-Nahhas: How employers can help staff mental wellbeing
A recent tribunal ruling threw into question whether some employers truly understand the impact post-traumatic stress disorder (PTSD) can have on staff from a military background.The tribunal found British Airways (BA) had discriminated, harassed and demonstrated a lack of empathy towards an RAF veteran with PTSD, who worked as an ...
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ArticleEXCLUSIVE: Microsoft to speak at Employee Benefits Live
EXCLUSIVE: Tim Robertson, Europe, Middle East and Africa compensation and benefits lead for Microsoft, will be participating in a panel talk about HR and benefits strategies on Thursday 7 October at Employee Benefits Live 2021.The discussion, titled ‘Reimagining the future of work and benefits’, will focus on strategising the future ...
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Article65% of firms predict financial wellbeing challenge
New research has found that two-thirds (65%) of HR decision makers predicted financial wellbeing will become the next big employee challenge.Pensions organisation Scottish Widows, which surveyed more than 500 HR leaders from UK businesses, revealed that monetary concerns during the Covid-19 (Coronavirus) pandemic have led to almost half of workers ...
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Article60% of employees say financial concerns led to anxiety
New data has found that three-fifths (60%) of employees have had financial concerns that has resulted in anxiety, stress and depression.Barnett Waddingham surveyed 2,001 UK employees about the future of work and employee wellbeing in the UK, and revealed that the generation most likely to see their mental health suffer ...
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Supplier article5 ways to recognise your employees this festive season
It may seem early to start thinking about Christmas and the end of yet another unpredictable year, however the festive season is fast approaching as the final quarter of the year is upon us. Many HR teams are looking at different ways to engage and recognise their teams and celebrate ...
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ArticleLove Energy Savings launches staff flexible working
Bolton, UK-based energy retailer Love Energy Savings has allowed its members of staff to set their own working hours.The policy, titled 'Flexible-Flexible', was launched recently as a result of the changing nature of the workplace post-Covid-19 (Coronavirus) and at a time when the business is planning to double the number ...
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Supplier articleThe New Normal: Balancing Home and Office Working
The Covid-19 pandemic has created the opportunity for many employees to work remotely from any location. Initially, businesses were reluctant to move to these hybrid-working arrangements. However, as the months progressed and Britain moved from one lockdown to another, employers were required to adopt more flexible working ...
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Case StudiesThe benefits on offer at Sovereign Housing Association
The benefits offered by Sovereign Housing Association:Pension and group riskA defined contribution (DC) salary sacrifice pension scheme for all employees, with employer-matched contributions up to a total of 12% (employee/employer).Life assurance for all employees at four times salary.Healthcare and wellbeingPrivate medical insurance (PMI) scheme, employer paid for all employees with ...
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Case StudiesPodcast: How Sovereign Housing Association takes a total reward approach to supporting employees
tynanbarton · Sovereign Housing Association/Employee Benefits podcastListen: In this episode of the Employee Benefits podcast, Marie Wood, head of reward, discusses Sovereign Housing Association's approach to benefits.Wood explains how the organisation responded to the Covid-19 (Coronavirus) pandemic and subsequent lockdowns by reviewing its benefits package and making adaptions where necessary, ...
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Supplier articleHow to deliver a successful employee nomination programme
Employee nomination programmes are one of my favourite parts of any recognition framework. They make me smile because it’s one of those programmes that gives responsibility to absolutely everyone in your business to tell the stories of how their peers are going above and beyond.No matter where you sit in ...