All Employee Benefits articles in Web Issue – Page 172
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Case StudiesGlobalData uses share schemes to boost global cohesion
In August 2022, 146 employees of industry intelligence firm GlobalData benefitted from an £82 million pay-out from its share option scheme, which was originally formed in 2010 and had remained open to entrants until December 2020.In 2019 and 2021, GlobalData built on the success of its 2010 scheme, creating two ...
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ArticleNHS Business Services Authority becomes menopause-friendly employer
Credit: Duncan Andison / Shutterstock.comNHS Business Services Authority (NHSBSA) has achieved menopause-friendly accreditation from organisation Henpicked: Menopause In The Workplace.In order to receive accreditation, the NHSBSA presented evidence to an independent panel, outlining its effectiveness in terms of culture, policies and practices, training, engagement, facilities and evaluation.The authority was awarded ...
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ArticleSuntory Beverage and Food introduces employee volunteering platform
Suntory Beverage and Food Great Britain and Ireland has implemented a volunteering and social purpose platform for employees across its European markets to give back through a contribution to wider society.The platform, Together for Good, was launched through a partnership with employee purpose organisation Benevity, to provide employees with a ...
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ArticleMarks and Spencer invests £57m in retail pay rise
Credit: patat / Shutterstock.comRetailer Marks and Spencer will give its retail employees a pay rise as of 1 April as part of a £57 million investment.More than 40,000 customer assistants will see their hourly rate increase from £10.20 to £10.90, while London-based staff pay will also increase from £11.25 to ...
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OpinionHelen Burgess: Long-term hybrid working plans key for many employers
Prior to the Covid-19 pandemic, it was commonplace for most employees to spend their full working week in the office, but it would seem now that hybrid working is here to stay. While up until recently many businesses have been flexible with their policies around hybrid working, more are now ...
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ArticleDeloitte gives employees financial control with flexible pension policy
In October 2022, professional services firm Deloitte introduced a flexible pension policy that gave its 22,000 UK employees more control over their finances, while still centring the importance of retirement savings.The policy allows staff to receive a cash payment in place of their pension contributions, in order to help people ...
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Supplier articleCost of living: more employee wellbeing benefits revealed
As living costs continue to soar, the company behind one of the UKs most comprehensive B2B employee benefits solutions has expanded the financial, health and wellbeing support, services, resources and benefits, available on its customisable employee benefits app.HIVE360 has given its Engage app a major boost with a range of ...
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Supplier articleHow Mondel?z attracted top talent with discounts and wellbeing initiatives
Mondel?z is one of the biggest snack food companies globally. Home to brands like Oreo and Cadbury, and 80,000 employees across 80 countries, there is a huge need for a sophisticated talent attraction and retention offering. Mondel?z’s Rewards team sought to centralize its systems and fuel stronger wellbeing and engagement ...
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Supplier articleJoined-up financial wellbeing strategies are key to employers achieving HR goals
Financial wellbeing support is integral to employers being able to meet their high-level HR objectives, according to research by The Reward & Employee Benefits Association (REBA) in association with WEALTH at work .Nearly all (94%) respondents to the research hope to use their financial wellbeing strategy as a tool to ...
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ArticleFoundation 92 introduces benefits and wellbeing platform
Independent football charity Foundation 92 has implemented an employee benefits and wellbeing platform, to provide its workforce with access to discounts on food, drink and clothing, as well as financial and wellbeing resources.Through a partnership with WorkLife by OpenMoney, the charity’s employees have been given access to a range of ...
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ArticleDiageo becomes fertility-friendly employer
Global drinks brand Diageo has become a fertility-friendly employer as part of its commitment to implementing policies and practices that support its employees.Run by Fertility Matters at Work, the initiative offers employers fertility-friendly training, access to panel discussions and events, resources, guidance and support. The aim is to open up ...
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ArticleB and Q and Screwfix give retail staff pay rise
Home improvement retailers B and Q and Screwfix, both owned by Kingfisher, have announced that shop floor workers will receive a pay rise to £10.60 from 1 April, an 8.2% and 9.3% increase, respectively.A higher rate of up to £11.85 per hour will be paid in some UK B and ...
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Supplier articleHow to boost your B Corp status with financial wellbeing
Across the country more and more companies are stepping up their ethics and making a real effort to improve their impact on society and the environment.This mirrors the rise in conscious shoppers who are saying no to fast fashion and bye-bye to businesses that underpay staff, reject sustainability or fail ...
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Supplier articleUsing the employee engagement quadrant to improve company culture
Are your employees Go-getters, Ambassadors, Detractors or Stayers? Find out on our Employee Engagement Quadrant.?After several years of challenges, employers are beginning to see widespread levels of employee burnout and stress at work. Our recent research revealed that over half of employees experience frequent stress at work, and more than ...
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Supplier articleTHE SHARED BENEFITS OF A SALARY DEDUCT SCHEME
Salary sacrifice schemes are hugely popular among UK employees and employers. Whether your people need help buying a new bike, electric car or top tech or wish to purchase more annual leave – salary sacrifice schemes can make it affordable. We’re in a cost-of-living crisis, and the ...
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Case StudiesPodcast: Eden Hotel Collection launches holistic wellbeing strategy to support staff
Employee Benefits · Employee Benefits/Eden Hotel Collection PodcastListen: The Eden Hotel Collection has adapted its benefits proposition to ensure it is doing all it can to support employees during the current cost-of-living crisis. After a financial wellbeing survey in 2022, the organisation launched a holistic wellbeing strategy focused around money, ...
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Case StudiesBenefits on offer at the Eden Hotel Collection
The benefits offered by the Eden Hotel Collection:Pension Group personal pension for all employees, with a 5% employee and 3% employer contribution.Healthcare and wellbeing Health cash plan for all employees, employee-paid. Includes cash back for dentist and optician appointments, for example. Wellbeing platform.Wellbeing champions.Mental health first aiders.Wagestream financial wellbeing ...
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ArticleRailway staff accept pay, security and conditions deal
Members of railway union Transport Salaried Staffs' Association (TSSA) have accepted an improved deal following a long-running national dispute over pay, job security and conditions.A total of 80% of management grade and 60% of general grade members, in a variety of management, station, control, engineering, clerical, and customer service roles, ...
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Supplier articleEmployer rethink around workplace financial support is key in times of crisis
Employers are under renewed pressure to rethink their workplace financial support packages in light of research[1] that reveals that two thirds (66%) of organisations rate their workplace debt management support as poor, despite government claims that Britons are living through the worst cost of living crisis in a generation.Half (50%) ...
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ArticleJohn Lewis reports 7.9% mean gender pay gap
Retail organisation John Lewis has revealed that its 2022 mean gender pay gap was 7.9%, down from 9% in 2021 and below the average for the sector of 13.5%.Its 2022 median gender pay gap was 5.8%, down from 6.4% the prior year, and lower than the retail average of 8.5%. ...