All Employee Benefits articles in Web Issue – Page 55
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ArticleVirgin Hotels Collection appoints chief people officer
Virgin Hotels Collection has appointed Johanna Kent chief people officer.Kent joins the executive team with more than 27 years of experience. Her appointment is part of Virgin Hotels Collection’s commitment to attracting top talent and fostering innovation within the hospitality industry.She has cultivated employee experiences and achieved goals in talent ...
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ArticleUnderstanding Social Value in the Business World
Understanding Social Value in the Business World In today’s corporate landscape, companies are increasingly being called upon to deliver more than just profit — they’re expected to create positive impact for the environment, communities, and broader society. This is where social value comes in. What is Social ...
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ArticleEquality watchdog names six employers that have not reported gender pay gap data
Defence and security technology firm Ultra Electronics and Norchem Healthcare have been named as some of the employers that have missed deadlines to report their 2023-2024 gender pay gap data.Private sector organisations across Britain and English public bodies with 250 or more employees are legally required to publish their gender ...
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ArticleMoog completes £25 million pensions buy-in
Moog, a motion control solutions supplier, has completed a £25 million pensions buy-in for its retirement benefits plan.The buy-in transaction, which was completed in partnership with Just Group and Gallagher, secures the benefits of 28 deferred members and 139 current pensioner members.Gallagher worked with the trustees to monitor the affordability ...
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ArticleAir Partner receives further disability confident employer accreditation
Aviation services group Air Partner has been awarded the disability confident employer level two accreditation in recognition of its work on diversity, equity, inclusion and belonging.The Disability Confident scheme, which was introduced by the UK government in 2013, aims to support employers to engage the talents of disabled people within ...
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AnalysisBuyer’s guide to total reward statements
Credit: Pickadook/ShutterstockWhat are total reward statements?Total reward statements are personalised communications that show employees the total value of their compensation package beyond just salary. This can help people to recognise the entire value of the employment deal beyond their pay, making total reward statements a potentially powerful tool in communicating ...
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ArticleUnite launches campaign for fair pay and fair tips for hospitality staff
Unite the union has launched a campaign to ensure hospitality workers receive fair pay and fair tips.The campaign will focus on ensuring that employees in the hospitality sector understand their rights and have the support and tools they need to collectively enforce those rights.Unite’s campaign will focus on: fair pay ...
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Article
Essex County Council launches EAP for care sector staff
Essex County Council has launched an employee assistance programme (EAP) for its xx care sector workers.In doing so, it is aiming to support employees mental, physical and financial wellbeing and reduce specific workforce challenges associated with the care sector.Through the EAP, which is provided by Vivup Perkbox on behalf of ...
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Article
Essex County Council launches EAP for care sector staff
Essex County Council has launched an employee assistance programme (EAP) for its xx care sector workers.In doing so, it is aiming to support employees mental, physical and financial wellbeing and reduce specific workforce challenges associated with the care sector.Through the EAP, which is provided by Vivup Perkbox on behalf of ...
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ArticleNational living wage to increase in line with median earnings
An extension of the national living wage (NLW) to all adults should be phased in year by year and the NLW rate should rise at least in line with median earnings after the government updated the Low Pay Commission’s (LPC) remit.In a written statement to Parliament, business secretary Jonathan Reynolds ...
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ArticleCost of staff sickness up £30 billion since 2018
The annual hidden cost to employers of staff sickness has increased by £30 billion since 2018, according to research by the Institute for Public Policy Research (IPPR).Its Health industry, prosperous economy report found that £25 billion of the increase is down to lower productivity from people working through sickness, and ...
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Supplier articleEmployee Resource Groups: What are ERGs and why do they matter?
Employee Resource Groups (ERGs) are crucial for creating an inclusive and supportive workplace. This guide delves into what ERGs are, why they matter, and how they can benefit your business. By embracing ERGs, you can foster a stronger company culture, attract diverse talent, and boost overall success. ...
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OpinionPatrick Glencross: Reforms to employee holiday rights
Calculating annual leave and holiday pay for employees can be challenging, particularly for those who work irregular hours. The government has this year introduced significant changes to simplify the rules on holiday rights as part of its reforms to a range of employment rights that have developed from years of ...
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ArticleReeves confirms public sector pay rises of 5-6%
Credit: Fred Duval/ShutterstockThe chancellor has confirmed that millions of public sector workers will get a pay rise this year, following recommendations from the independent pay review bodies.Most NHS workers, teachers and members of the armed forces will receive above-inflation pay rises of 5.5% to 6%, Rachel Reeves announced yesterday as ...
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ArticleGreggs pension scheme completes £100m buy-in
The trustee of Greggs plc 1978 Retirement and Death Benefit scheme has entered into a £100 million bulk purchase annuity transaction with Aviva.Greggs provided additional funding support that facilitated the buy-in to increase the long-term security of all member’s benefits, as part of the trustee’s long-term de-risking strategy.The deal covers ...
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Article58% of employers say health benefits underused by staff
Health and wellbeing benefits are the most impactful component of an employee value proposition (EVP) but are underutilised by staff, according to new research from Cigna Healthcare. The report, Harnessing health – measuring the impact of employee health and well-being benefits, surveyed employers and staff in the ...
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ArticleJunior doctors agree 22% pay deal
The government and the British Medical Association (BMA) have agreed a 22.3% pay deal for junior doctors.Chancellor Rachel Reeves confirmed the pay offer in her speech to parliament yesterday (29 July), saying that “today marks the start of a new relationship with the government and staff working in the NHS”.Reeves ...
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AnalysisSupporting the mental health needs of today’s workforce
In order to implement appropriate mental wellbeing support, employers first need to understand their workforce’s needs.The way in which employers offer mental health assistance has changed, as interventions and services have become embedded in initiatives.More frequent chances for employees to speak about pressures they face can provide another approach to ...
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Case StudiesMony Group prioritises mental health with a range of wellbeing support
Technology-led savings platform Mony Group prioritises mental health and has a wide range of offerings to support its 630 employees’ wellbeing.The group owns comparison sites Moneysupermarket, Travelsupermarket and Icelolly, as well as consumer finance website Money Saving Expert and Quidco.Support for staff includes free membership to the Headspace app for ...
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Case StudiesSevern Trent Services supports mental wellbeing through advice and apps
Severn Trent Services addresses its employees’ need for mental and emotional wellbeing support by offering access to specialist advice along with signposting to relevant resources. The organisation, which is part of water and wastewater services supplier Severn Trent Water Group, employs 389 members of staff. In terms ...