All Employee Benefits articles in Web Issue – Page 30
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ArticleSwissquote appoints first chief people officer
Source: Swissquote Tara Yip, chief people officer at Swissquote Banking group Swissquote has appointed Tara Yip its first chief people officer, a role that will be part of its executive management team. Yip will take up the position on 1 January 2025. The role is part of ...
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AnalysisWhat role does multinational pooling play in global benefits provision?
Credit: tomertu/Shutterstock Need to know: Annual dividends are still important, averaging 5% to 8%, but data is now regarded as the most valuable benefit of a multinational pool. Multinational pooling enables an organisation to take advantage of its global scale, accessing better terms and conditions ...
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Case StudiesMultinational pooling allows for more efficiency in Cognizant’s global benefits strategy
The size and global reach of Cognizant means it has multiple multinational pools for its employee benefits.
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ArticleNatwest Group makes £11 billion deal to outsource pension payments
Credit: William Barton / Shutterstock.com High street banking group Natwest Group has made a deal worth around £11 billion to outsource some of its pension payments. According to the group, a series of transactions have taken place, managed by the trustee of the group’s pension fund. These ...
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ArticleTetley staff in Stockton-on-Tees accept pay offer
Workers employed by Tetley at its Stockton-on-Tees factory have accepted a pay offer, ending ongoing strike action. The 150 employees, who are based at Tata Consumer Products’ Eaglescliffe site, are members of trade unions GMB and Unite. The pay increase is worth 10% over the course of ...
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ArticleUS Boeing workers vote to accept new pay deal
Source: Boeing Workers employed by Boeing in the USA have voted to accept a new pay deal worth 38% over the next four years. The 33,000 front-line workers, who are based in Washington, Oregon and California, are members of the International Association of Machinists and Aerospace Workers ...
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Supplier articleTop tips to help people cut costs and manage their finances
Top tips to help people cut costs and manage their finances According to WEALTH at work’s research of over 2,000 workers, the biggest financial concerns for the year include not having enough savings for unexpected costs (40%), not being able to save enough for the future (38%), ...
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OpinionDaniel McAfee: What should employers be aware of with equal parental leave policies?
Deloitte’s introduction of a 26-week equal parental leave policy in September 2024 likely reflects a strategic move to align with evolving societal values and workforce expectations. This policy sends a powerful message that it values all employees equally, regardless of gender or family circumstances, and is willing ...
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Supplier articleCinema Benefits Research
Discover what working people in the UK think of cinema in 2024, and how they react to employers offering cinema discounts as part of staff rewards and benefits. Each year, The Cinema Society ask a representative sample from over 1m members about their cinemagoing habits, how ...
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Supplier articleYour Business Cost-Savings Strategy with Pluxee UK
The Autumn Budget and updated Employee Rights Bill 2024 signal a shift in the employment landscape, empowering UK employees. With rising minimum wage and National Insurance Contributions, employers are understandably looking for ways to manage costs. During this blog, Pluxee UK explores how salary sacrifice schemes can ...
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Article37% of employers do not offer enough health and wellbeing benefits for overseas staff
More than one-third (37%) of international employers admitted that they do not offer enough health and wellbeing benefits for employees based outside of the UK, according to new research by Towergate Employee Benefits. In its latest research, the specialist health and wellbeing advice and solutions firm found ...
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ArticleHSBC UK to introduce free fertility checks
International bank HSBC UK has announced that it will introduce free fertility checks as part of its UK employee healthcare plan from January 2025. Announced during National Fertility Awareness Week (4-8 November), the aim of the checks is to give the bank’s employees an understanding of their ...
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ArticleSecond major four-day week trial begins
The first official pilot of a four-day week under the Labour government has begun this week, with a view to presenting the findings next summer. Applications for the latest pilot, run by the 4 Day Week Campaign and flexible working consultancy Timewise, opened in the summer. Participants ...
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Case StudiesPodcast: Hotelplan incorporates benefits into sustainability strategy
Audio: Podcast: Hotelplan interview Listen: Tour operator group Hotelplan places sustainability at the heart of its business strategy. In this episode of the Employee Benefits podcast, Nicky Lyle, group HR director, talks about how the organisation encourages sustainable lifestyles through its benefits strategy and corporate culture. ...
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Case StudiesThe benefits offered by Hotelplan
The benefits on offer to employees at Hotelplan Pension A group personal pension (GPP) scheme for all staff who meet auto-enrolment criteria. Employees aged under 22 can opt in. The standard contribution rates are 4% employee and 4% employer. Group risk Employer-paid ...
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ArticleSouth Gloucestershire Council receives Defence Employer Recognition award
Source: Shutterstock / 273340274 South Gloucestershire Council has received the bronze award from the Defence Employer Recognition Scheme as part of its commitment to supporting its employees who have been part of the armed forces. Established by the Ministry of Defence, the scheme was designed to acknowledge, ...
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ArticleLess than one-fifth of UK office workers asked for a pay rise
Less than one-fifth of UK office workers have asked their employer for a pay rise, according to new research from the Global Payroll Association. The association surveyed 1,012 UK office workers to gain insight into how many actively request a pay rise and whether they know how ...
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ArticleLloyds Banking Group receives fertility-friendly employer accreditation
Lloyds Banking Group has received fertility-friendly employer accreditation as part of a commitment to supporting its employees through their fertility journeys. Established by the organisation Fertility Matters at Work, the accreditation is awarded using a rigorous assessment framework that examines employer’s fertility policy guidance, education and awareness ...
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ArticleOak Group names new chief people officer
Source: Oak Group Anna Sauvarin, copyright © 2024 Oak Group Funds, corporate and private client services provider Oak Group has appointed Anna Sauvarin as its new chief people officer. Based in Guernsey, Sauvarin will head up Oak’s people and culture team, playing a role in driving its ...
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Supplier articleAutumn Budget 2024
The Chancellor of the Exchequer, Rachel Reeves has today delivered the Autumn Budget 2024. Please see our summary below: State Pension The government will maintain the State Pension Triple Lock for the duration of this parliament. The basic and new State Pension will increase by 4.1% ...