All Employee Benefits articles in Web Issue – Page 56
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ArticleCentral Co-op introduces new financial wellbeing benefit
Central Co-op has launched a new financial wellbeing benefit that allows its 7,500 employees to access their earnings between paydays and offers financial guidance.The retail co-operative society has partnered with MHR to launch iTrent Financial Wellbeing benefit, powered by Wagestream, as part of its wider ‘We’ve Got You’ wellbeing campaign.The ...
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ArticleCourt of Appeal upholds High Court ruling on Virgin Media pension scheme
The Court of Appeal has upheld the High Court’s ruling that a written actuarial confirmation was required where an alteration to the Virgin Media scheme’s rules affected pension benefits for past or future service benefits.This was in relation to section 9(2B) contracted-out rights and was based on the relevant legislation ...
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ArticleReassured appoints new chief people officer
Life insurance broker Reassured has appointed Zoe Odusina as its new chief people officer as part of its corporate commitment to further growth plans.Odusina will report to Mark Townsend, chief executive officer (CEO), and will be a member of the senior leadership team. She will be responsible for the oversight ...
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ArticleCNH factory workers in Basildon accept two-year pay deal
More than 500 production factory workers employed by agricultural machinery firm CNH have accepted a two-year pay deal, ending a long-running dispute.The workers, who are based at the firm’s Basildon, Essex factory, are members of trade union Unite. As a result of the deal, they will receive a weekly pay ...
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ArticleManchester Metrolink tram employees accept pay deal
Credit: Zhao Zheming / Shutterstock.comHundreds of employees working for Manchester’s Metrolink tram system have accepted an improved pay deal from their employer.The tram system is operated by Transport for Manchester, with its workers belonging to trade union Unite.Customer service representative employees at the bottom of the pay scale will receive ...
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ArticleITV agrees deal for Box Clever pension scheme members to receive benefits
Members of the Box Clever pension scheme will receive their pension benefits in full following an in-principle deal between The Pensions Regulator (TPR) and ITV.The TV rental businesses of Granada, now ITV, and Thorn, now Carmelite, together formed Box Clever as a joint venture in 2000. Employees were then transferred ...
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Article79% of working parents would be impacted financially by time off to care for ill child
Almost four-fifths (79%) of working parents have, or would be, impacted financially in some way if they took time off work to care for their ill child, according to research by MetLife UK.Its survey of 3,003 working parents, with a child or children aged 22 and under also found that ...
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OpinionLovewell's logic: Solving the summer holiday childcare conundrum
The school summer holidays: a time that can incite both excitement and dread among working parents. Like so many others, this week I embarked on the juggle that this time of year so frequently involves.As well as experiencing guilt at working (along with a serious fear of missing out) while ...
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ArticleThe top 10 most read articles between 19 - 25 July 2024
The top 10 most read articles between 19 - 25 July 2024 on employeebenefits.co.uk were: HMRC to clamp down on misapplied childcare schemeGovernment launches pensions review to boost investment and outcomesSoftcat and Hilton named some of UK’s Best Workplaces for WomenVodafone, Linklaters and HSBC named top employers for equalityNewcastle Building ...
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ArticlePrince and Princess of Wales search for Welsh speaking assistant private secretary
Credit: B. Lenoir / Shutterstock.com Something for the weekend: If you have ever fancied working for royalty and have a flair for languages, then this role might just be perfect for you. The Prince and Princess of Wales have announced that they are looking to hire a ...
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ArticleBabcock Marine naval base employees accept 7.5% pay rise
A total of 600 workers employed by Babcock Marine have accepted a 7.5% basic pay rise backdated to August last year.The employees, who undertake specialist services for the UK’s nuclear deterrent submarines at the Coulport and Faslane naval bases on the Clyde in Scotland, are members of trade union Unite.The ...
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ArticleLenovo and Baker Hughes among UK's Best Places to Work for Disability Inclusion
Credit: Poetra.RH / Shutterstock.comTechnology firm Lenovo, energy technology business Baker Hughes and law firm Clifford Chance have been named as some of the UK’s Best Places to Work for Disability Inclusion 2024.Established by the Disability Equality Index, the list is a comprehensive benchmarking tool used by employers to measure disability ...
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Article20% of staff aged 40-60 say worries about retirement finances affect ability to work
A fifth (20%) of UK employees aged 40-60 said worrying about their future retirement finances is affecting their ability to work, according to research by Hymans Robertson Personal Wealth.The financial wellbeing and financial planning organisation's survey of 2,010 full-time and part-time working employees aged 40-60 across the UK also found ...
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Supplier articleDiscover How to Build Trust in the Workplace and Enhance Employee Engagement
Inspired by the International Day of Friendship, let’s delve into the steps needed when transforming workplace culture and fostering a culture of trust. When colleagues and leaders trust each other reciprocally, they can achieve remarkable outcomes. Human solidarity, a core theme of the International Day of Friendship, ...
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ArticleDana Incorporated names senior vice president and chief human resources officer
Dana Incorporated, which designs and manufactures propulsion and energy-management systems, has appointed Lisa Amend senior vice president and chief human resources officer.Amend will have responsibility for the firm’s human resources strategy and processes, including talent lifecycle and acquisition talent management and development, diversity, equity, and inclusion, employee engagement, and workforce ...
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AnalysisEmbedding a joined-up savings approach
Credit: tadamichi/ShutterstockNeed to know:Employers are reporting more appetite among employees to save, especially for retirement, but encouraging a joined-up savings habit can still be challenging.Using payroll-based tools is becoming popular, but whatever products employers put in place need to be accompanied by ongoing financial education.Employee benefits professionals are key to ...
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Case StudiesAWE promotes pension understanding as part of a whole-life savings approach
Since 2017, nuclear security technologies organisation AWE has worked to help its more than 7,000 employees on a journey towards embedding a whole-life savings approach.Working with Nudge, the employer's approach encompasses offering a range of financial education and planning tools around retirement, budgeting, and investment, and tools such as mortgage ...
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Supplier article15 examples of corporate volunteering
Corporate volunteering is a huge topic in 2024, and is only increasing in popularity. But understanding different types of volunteering can be tricky and time-consuming. As a business, you want to dive into employee volunteering, but you don’t know where to start. Sound familiar? OnHand can help. ...
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Supplier articleOnHand named CSR Software Leader by G2 for transforming corporate social responsibility
OnHand has been named a G2 CSR Software Leader for the 3rd consecutive time. OnHand embodies CSR (corporate social responsibility) principles through its anywhere, anytime volunteering platform and is proud to have earned this accolade. OnHand continues to set a Corporate Social Responsibility (CSR) Software standard, solidifying ...
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ArticleNewcastle Building Society accredited as living pension employer
Newcastle Building Society has received living pension employer accreditation from the Living Wage Foundation.The society’s commitment will see its new employees, who join the organisation after 1 April 2024, receive a higher default level of pension than current auto-enrolment contributions, with workers paying 5% and employers paying 7%. Through auto-enrolment, ...