All Employee Benefits articles in Web Issue – Page 67
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OpinionConfessions of a benefits manager: Candid has problems getting an invoice paid
You might remember we recently implemented a new recognition platform. Early on, the supplier was organised enough to send a sample invoice so we could set up any necessary purchase orders. Well, you do not keep dogs and bark yourself, so I gave that task to my colleague Lazy Susan. ...
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Supplier articleConsolidate rewards and employee benefits into a single digital solution
HR professionals face numerous demands on their time, from supporting their employees to boosting engagement—all while managing a tight budget. Streamlining reward and recognition strategies with employee benefits is crucial for providing the support and incentives that enhance employee wellbeing, loyalty, and retention. For long-term success, cost-effectiveness ...
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ArticleAmcor Packaging and Berry Norwich employees accept pay offers
Credit: JHVEPhoto / Shutterstock.comWorkers employed by Amcor Packaging in Workington, Cumbria, and Berry Norwich have accepted improved pay offers following strike action.Around 100 Amcor employees voted to accept a 7% pay increase backdated to October 2023 and a £500 one-off payment. The deal is worth between 8% and 9%, depending ...
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Article49% of employees do not know how they will access pension savings
Almost half (49%) of employees aged between 50 and 59 do not know how they will access their pension savings, according to research by workplace pensions provider TPT Retirement Solutions.Its survey of 2,500 defined contribution (DC) members also found that 23% of respondents would draw it down over time, 16% ...
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ArticleWalmart introduces new bonus for hourly paid store staff
US-based supermarket chain Walmart has launched a new bonus payment for eligible full and part-time hourly paid store-based employees.Hourly paid employees are eligible for the bonus after a year's service in the role. Bonus payments are calculated based on stores achieving performance targets.The bonus is intended to reward great work ...
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ArticleRevlon appoints Tchernavia Rocker chief people officer
Beauty brand Revlon Group has appointed Tchernavia Rocker to the role of chief people officer from 3 June.Rocker will report directly to chief executive officer Elizabeth Smith and play an advisory role in building Revlon’s ethnic hair care portfolio. Ely Bar-Ness, Revlon’s current chief human resources officer, will leave his ...
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Case StudiesSTR Group invests in employees to maintain health and wellbeing in the summer
STR Group believes that not only is investing in its employees and helping to maintain their health and wellbeing the right thing to do, but that it is the key to its success.The international science, technology, engineering and mathematics (STEM) talent recruitment business has more than 120 employees and offices ...
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Case StudiesMoneypenny aims to keep employees happy and safe in the summer months
The key for Moneypenny is to keep its employees happy and safe in the sunnier months, while also providing them with tools to experience the best of summer and that support their health and wellbeing.The outsourced communications provider invested a lot of time in creating an environment where its employees ...
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AnalysisHow can employers support employee wellbeing in the summer months?
Frequently checking in on employees’ wellbeing in summer months can help highlight issues and allow for adjustments.Employers should raise awareness of sun safety, the importance of hydration and proper ventilation.Flexible working hours in warmer weather can improve wellbeing by offering time for physical activities, helping with childcare and supporting sleep ...
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Supplier articleScammers are using multiple methods to hoodwink people out of their money
According to new research* from WEALTH at work it seems that scammers are using multiple methods to hoodwink people out of their money, as the research found that more than a third (34%) of those who had lost money to a scam in the last 12 months had done so ...
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ArticleMenzies Aviation ground services staff at Glasgow Airport accept pay deal
More than 200 workers employed by Menzies Aviation at Glasgow Airport have accepted a one-year pay deal, which will increase pay packages by 6.8%.The ground services crew, who are members of trade union Unite, include dispatchers, allocators, airside agents and controllers.They overwhelmingly voted to accept the offer, which will be ...
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ArticleQuiet quitting and staff turnover named biggest employee health and wellbeing issues
Quiet quitting (35%) and staff turnover (34%) have been revealed to be the biggest employee health and wellbeing issues this year, according to new research from Towergate Health and Protection.The health and wellbeing advice and solutions firm surveyed 500 HR professionals and found that quiet quitting, which is where an ...
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ArticleCitigroup enhances parental leave for US and Puerto Rico employees
Investment bank and financial services firm Citigroup has enhanced its parental leave and introduced a new caregiver leave initiative for its employees based in the US and Puerto Rico.As of this week, all new parents at Citigroup will receive 16 weeks of paid leave to ensure they have more time ...
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OpinionBeth Brown: How does the lifetime allowance abolition impact employers?
The abolition of the lifetime allowance (LTA) in April came with implications that employers will want to be aware of. When the Chancellor Jeremy Hunt announced the overhaul of the LTA in the 2023 budget, pension experts suggested it was unlikely the change could happen in the ...
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ArticleFifa implements pregnancy and parental support for female employees
Football association Fifa has implemented support for its female footballers and coaches during and after pregnancy, and in all types of motherhood as of 1 June.Approved by the Fifa council last month, the changes are applicable to its affiliated associations in 211 countries across the world. They include a minimum ...
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ArticleUK gender pay gap falls by 0.4% over past year
The mean gender pay gap has fallen by 0.4% in the past year, from 12.2% in 2022/23 to 11.8% in 2023/24, according to research by PricewaterhouseCoopers (PWC).The professional services firm found that among UK employers that disclose their hourly gender pay gaps, the median hourly pay gap has decreased from ...
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ArticleQueen’s University Belfast to roll out new pay deal
Queen’s University Belfast has announced that it will roll out a new pay deal to all of its employees, effective from 1 August.The deal was agreed with trade unions Unite, University and College Union (UCU) and Northern Ireland Public Service Alliance (NIPSA). It will see staff receive a 13% pay ...
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ArticleThe Coca-Cola Company and Deloitte shortlisted for best use of benefits technology
The Coca-Cola Company and professional services network Deloitte have been shortlisted for Best use of benefits technology at the Employee Benefits Awards 2024.This award, which is sponsored by Vivup, was created to recognise how an employer has best utilised and adapted technology to suit its benefits package, its business aims ...
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Case StudiesHowdens provides staff with valuable retirement-planning tools
Following a review of its pension scheme and a consultation in 2020, kitchen furniture manufacturer Howdens chose to close its defined benefit (DB) scheme in 2021. Alongside this, it improved its offer to employees through the defined contribution (DC) scheme, including increasing the core employer contributions significantly and introducing additional ...