All Employee Benefits articles in Web Issue – Page 197
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ArticleKavitha’s keynote: Celebrating excellence at the Employee Benefits Awards
Last Friday (12 November), hundreds of industry professionals came together to celebrate the achievements of reward, benefits and HR teams across the country at the Employee Benefits Awards 2021.I was honoured to open the event, held at Old Billingsgate London, which was our first live awards ceremony since June 2019. ...
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ArticleEmployee Benefits Awards 2021 winners
Best Alignment of Benefits to Business Strategy Winner: CSSC Our judges said the winner of this category had achieved strong cultural change through its commitment to flexibility and accountability. It also showed good alignment between organisational purpose and its benefits strategy.They thought the business had ...
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Article54% of young staff would quit over no hybrid working
More than half (54%) of employees aged 18-34 years old said they would likely quit if the organisation they work for stopped offering remote or hybrid working, according to a new survey.Employee benefits provider Unum UK conducted research into attitudes to work and employee support in order to find out ...
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ArticleTrentbarton gives 1,000 employees wage rise
Nottinghamshire bus company Trentbarton has announced that it will be giving its 1,000 members of staff an extra pay rise on top of their annual raise.The additional wage increase will take effect from the end of January 2022 and will result in most drivers receiving an hourly rate of between ...
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Article25% of UK workplaces are transparent about pay
Just one in four full-time UK employees strongly agree that their workplace is transparent about pay, according to new research.Glassdoor, which provides insights into jobs and companies, surveyed 2,042 UK employees and has published its findings today on Equal Pay Day (18 November). This is the day on which women ...
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ArticleStitch Fix hires new chief people and culture officer
Online personalised shopping experience service Stitch Fix has appointed Linda Aiello as its new chief people and culture officer as of 15 November (Monday).In her new role, Aiello will report to Stitch Fix’s CEO Elizabeth Spaulding and will lead the people and culture teams across both the US and the ...
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Supplier articleProviding a winning employee discount scheme
2021 has seen rising inflation, rising energy prices and an overall rise in the cost of living in the UK with planned increases to National Insurance too.A common misconception about employee discount schemes is that they’re all about grabbing a great deal or treating yourself.The reality is, a wide-ranging employee ...
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Case StudiesSevern Trent Water ensures employees are supported through group risk benefits
Severn Trent Water ensures that all members of its workforce have an comprehensive group risk package to protect themselves or their family in difficult circumstances.As part of their core package, employees at the water company receive up to six times salary life insurance, accident insurance and group income protection (GIP) ...
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AnalysisHow can employers raise awareness of the value of group risk benefits?
Need to know:Group risk benefits provide critical financial support when employees need it most.Many group risk policies offer valuable add-on benefits such as virtual GP services and employee assistance programmes, but employees need to be aware that these are available through their employer.In difficult circumstances, such as the Covid-19 (Coronavirus) ...
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OpinionKatharine Moxham: The benefits of group risk need to be regularly communicated
Group risk benefits, that include employer-sponsored life assurance, income protection and critical illness benefits, have emerged as a must-have from the Covid-19 (Coronavirus) pandemic as we’ve seen a fundamental shift in attitude from “it won’t” to “it could" happen to me.As well as paying out £218.7 million in Coronavirus-related death ...
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ArticleLidl gives pay rise to 21,000 employees
Supermarket chain Lidl has announced pay rises from March 2022, which will benefit more than 21,000 staff and 80% of its workforce.Equating to a wage increase of more than 6% for some, minimum pay for employees across the UK is set to go up to £10.10 an hour from £9.50, ...
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ArticleUniversity staff to strike in pensions and pay dispute
Lecturers at as many as 58 UK universities will take part in strike action on 1-3 December in a row over pensions, pay and working conditions.According to the University and College Union (UCU), some staff are striking because of the Universities Superannuation Scheme pension fund, which was put into place ...
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Supplier articleGenerali Global Corporate & Commercial (GC&C) appoints Head of Casualty Underwriting in Asia
Hong Kong – Generali Global Corporate & Commercial (GC&C) announces the appointment of Wendy Law as Head of Casualty Underwriting Asia, effective from 8th November. Based in the regional hub in Hong Kong, Wendy is responsible for leading the Casualty business across the region.Commenting on the appointment, Axel Roesner, Head ...
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ArticleABL Alliance staff to protest over pay row
Workers at a nuclear naval base in Scotland have announced that they will take industrial action against their employer due to a dispute over pay.The staff are employed by the ABL Alliance, which is a co-operation between AWE, Babcock Marine and Lockheed Martin UK Strategic Systems, provides engineering, maintenance and ...
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Article37% of female staff do not have workplace pension
New data has revealed that 37% of female employees do not have a workplace pension, compared to 32% of men.Pensions consultancy Barnett Waddingham’s research was compiled based on responses from 2,002 UK working adults, of which 1,022 were women. It found that females are lagging behind men on workplace pensions, ...
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Article20% of staff would choose a remote job
Just one in five UK employees would look for a fully remote job as opposed to 51% who prefer a hybrid environment, where they have the flexibility to choose daily whether to work from home or the office.Hybrid workforce scheduling app Schej carried out research among UK employees and managers ...
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Supplier articleHow to support employees going through fertility treatment in the workplace?
AUTHOR: Zoya Ali BSc MScStill a hushed and taboo topic - almost 1 in every 6 couples have fertility issues in the UK-that’s about 3.5 million. The global infertility rate is increasing as people choose to have children later in their lives, with the average age to have a first ...
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Supplier article6 ways HR can build stronger relationships with IT
By Dominic Taylor, Director of Enterprise and Flexible Benefits at Reward GatewayForming a solid partnership takes time, there’s no doubt about it. But sometimes even after you’ve done all your research, evaluated different softwares and have all your ducks in a row, you still may encounter roadblocks. This is why ...
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OpinionKirsty Pake: How to solve a problem like pension scams
To quote the Department of Work and Pensions: “pension scams are a menace”. Until now, trustees’ hands were tied where a member had a statutory right to transfer their benefits and, even in cases where the receiving arrangement appeared to be a scam, they were obliged to make the transfer.Regulations ...
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ArticlePandemic influenced gender pay gap reporting and results
The gender pay gap narrowed very slightly among companies that reported for 2020/21, with those reporting in the latter half of this year influencing overall trends.Consulting firm PricewaterhouseCoopers (PWC)’s review of figures submitted this year – when the deadline was extended to 5 October – showed that there was a ...