All Employee Benefits articles in Web Issue – Page 76
-
ArticleRetention and meeting pay expectations biggest challenges for UK organisations
The biggest challenges for UK organisations include retaining talent, meeting pay expectations and supporting employees’ wellbeing, according to esearch by HR software provider Ciphr.Its survey of 300 UK HR decision-makers also found that 51% of respondents reported employee retention as their top worry for the year ahead. Almost half (46%) ...
-
Supplier articleEach Person Teams Up with Staffordshire and Stoke-on-Trent Integrated Care System (ICS) for Enhanced Team Recognition
The Integrated Care System takes pride in going the extra mile for its team. Through its recent collaboration with Each Person, an impressive 30,000 individuals now have the opportunity to receive the recognition they deserve.Each Person is delighted to announce the joining of their new partnerships aimed at enhancing employee ...
-
OpinionLovewell's logic: Is the government right to reform the fit note?
What is your view of the government’s plans to reform the fit note system?In a speech on 19 April, prime minister Rishi Sunak announced that the government will take steps to transform the sick note culture in a bid to reduce the number of individuals that are deemed unfit for ...
-
ArticleThe top 10 most-read articles between 19 - 25 April 2024
The top 10 most-read articles on employeebenefits.co.uk between 19 - 25 April 2024 were: Autoglass and Burger King shortlisted for Best financial wellbeing strategy – large employerGovernment to review fit note systemMichelin guarantees global living wage and enhances parental and healthcare benefitsHays rolls out wellbeing support for UK and Ireland ...
-
ArticleTikTok video reveals corporate job with shockingly long working hours
Something for the weekend: Some jobs will require employees to be on call some of the time, which they are generally aware of before starting the role. However, there are some employers that push this a bit too far.Devin Raimo, who goes by @devinraimo on TikTok, explained in her now ...
-
ArticleJust 35% of employees feel confident in choosing how to access their pension
Just over one-third of pension savers (35%) feel confident to make decisions such as choosing how to access their pension when they reach retirement age, according to research by workplace pension scheme provider TPT Retirement Solutions.Its survey of more than 2,500 defined contribution (DC) scheme members also found that a ...
-
ArticleUnum UK receives Great Place to Work accreditation
Employee benefits provider Unum UK has been accredited as a Great Place to Work organisation in the UK.Great Place To Work recognises employers which have created a strong workplace culture, employee experience and leadership behaviours. Its accreditation process includes asking employees to complete a short confidential questionnaire about what they ...
-
-
Supplier articleSustainability at the heart of everything… eco-friendly employee benefits
Monday, 22nd April, was Earth Day, and this year’s theme is Planet v. Plastics. The organisation is demanding a 60% reduction in the production of all plastics by 2040. Sustainability is at the heart of all we do at Pluxee UK, and we’re constantly striving to innovate ...
-
ArticleKao Data hires Kalay Moodley as chief people officer
Kao Data, the developer and operator of data centres engineered for AI and advanced computing, has appointed Kalay Moodley chief people officer with immediate effect.In this role, Moodley will be responsible for leading Kao Data’s human resources function, embedding new operational frameworks and change management strategies, and harmonising both its ...
-
ArticleCentral Co-op and Ikea UK shortlisted for Best benefits to support work-life balance
Retailers Central Co-op and Ikea UK have been shortlisted for the Best benefits to support work-life balance award at the Employee Benefits Awards 2024.The award was introduced for 2023, then known as Best benefits to support work-life balance and hybrid working. It recognises strategies that offer greater flexibility to help ...
-
AnalysisWhat should employers look for in a default investment strategy?
Credit: Shutterstock/Olivier-Le-MoalNeed to know:Lifestyling is the optimal solution for defined contribution default strategies.A big trend is to introduce investment in private equity into default funds for young members, to drive returns.The new reporting regime for pension schemes to disclose their investment allocations to UK markets is flawed.Most defined contribution pension ...
-
ArticleIncreasing minimum pension contributions to 12% could boost savings by £95,530
Increasing minimum pension contributions under auto-enrolment from 8% to 12% could result in additional contributions of £10 billion a year in the UK, according to research by Phoenix Group and WPI Economics.The long-term savings and retirement business and economic consultancy’s report Falling behind the curve, which models the cost to ...
-
ArticleBNP Paribas Real Estate reports 23% mean hourly ethnicity pay gap
Credit: JeanLucIchard / Shutterstock.comBNP Paribas Real Estate has reported a 23% mean hourly ethnicity pay gap for the 2022/2023 year, in its first combined gender and ethnicity pay gap report.The firm’s mean hourly pay rate for white employees was £30.08, while for other ethnic groups it was £23.18. Its median ...
-
ArticleLexmark completes £46 million pension buy-in
Credit: JHVEPhoto / Shutterstock.comPrinter and image product manufacturer Lexmark has completed a £46 million pension buy-in for its UK division's pension scheme.The deal, which was carried out with insurance and financial services Canada Life and pensions administration, investments and employee benefits provider Broadstone, secures the benefits of all 177 plan ...
-
OpinionNick Hurley and Annie Green: The impact of dropping the real living wage pledge
Earlier this year, Brewdog announced that due to trading losses and financial instability, it will drop its real living wage pledge from April onwards. While many employers will have suffered similar financial difficulties as a result of the cost-of-living crisis, the business’ decision to pull out of the real living ...
-
Article51% of employees want their employer to invest more in sustainability
Half (51%) of employees want to see their employer invest more in sustainability, rising to 61% among younger workers aged 18-34, according to research by employee benefits technology provider Zest.Its survey of 2,000 employees and 500 HR decision makers also found that more than half (53%) of respondents would like ...
-
ArticleMichelin guarantees global living wage and enhances parental and healthcare benefits
Credit: ricochet64 / Shutterstock.comTyre manufacturing organisation Michelin is to guarantee a living wage for its more than 100,000 global employees, as well as enhancing parental and healthcare benefits.As part of its deployment of a living wage worldwide, to guarantee employees a salary equivalent to at least the living wage, Michelin ...
-
ArticleHays rolls out wellbeing support for UK and Ireland employees
Recruitment firm Hays has rolled out wellbeing support for more than 2,700 employees across 79 sites in the UK and Ireland employees in order to improve its health and wellbeing strategy.Employees can now access 24/7 immediate integrated medical, mental health and personal safety support from a team of professionals via ...
-
Supplier articleMore over 55s are accessing their pensions or cashing out completely.
The FCA announced that more over 55s are accessing their pensions, and over half are cashing out their pension pots completely. In 2022/23, the number of pension plans accessed for the first time was up almost 5% compared to the previous year, to almost 740,000 (739,535), and 56% were cashed ...