All Employee Benefits articles in Web Issue – Page 839
-
ArticleFirstGroup has largest DB pension liability among FTSE 250
FirstGroup has one of the largest defined benefit (DB) pension scheme liabilities among employers in the FTSE 250, according to research by JLT Employee Benefits.The FTSE 250 and their pension disclosures report found that the travel operator’s scheme is a risk to the business due to pension liabilities of £4.6 ...
-
ArticleNorwich City Football Club to pay living wage
Norwich City Football Club (FC) has committed to pay the living wage to all of its permanent employees.The club will phase in the national living wage of £7.85 during the 2015-2016 season.The national living wage is an hourly rate set independently, updated annually and paid by employers on a voluntarily ...
-
ArticleTata Steel improves DB pension plans
Tata Steel has made a new offer to employees, which will see its final salary pension scheme remain open and avert strike action.More than 17,000 employees that are members of trade unions Community, Unite, the GMB and UCATT were due to walk out for 24 hours on 22 June.The dispute ...
-
Supplier article
Johnson Fleming's fundraising challenge for CLIC Sargent
They provide clinical, practical, financial and emotional support to help them cope with cancer and get the most out of life.To support CLIC Sargent, the whole company is having a fundraising challenge on Friday 10 July, 12pm–5pm. Staff have been split into eight teams, each with the goal of raising ...
-
Article39% of employees do not have life insurance
More than a third (39%) of respondents do not have any form of life insurance, according to research by Canada Life Group Insurance.Its study of 600 UK workers also found that 38% of respondents have not given any thought to life protection.The research also found:59% of respondents who do not ...
-
Article97% believe in link between wellbeing and organisational performance
Nearly all (97%) of respondents believe in a link between employee wellbeing and organisational performance, according to research by Edenred.However, its annual 2015 Wellbeing barometer, which surveyed 422 HR decision makers, also found that just a quarter (26%) of employers see employee wellbeing as a priority for their organisation. The ...
-
ArticleITV tables improved 2016 pay deal
ITV has tabled an improved pay offer for 2016 after its employees took strike action in May. The broadcaster has offered staff pay increases above the 2% pay rise for 2015, which took effect from January.That pay deal will remain unchanged but the organisation is also making contractual improvements including ...
-
ArticleHyde Group pilots workplace massages
EXCLUSIVE: Housing association The Hyde Group (Hyde) is to pilot massages in the workplace across all its main offices as it puts an increased focus on employees’ health and wellbeing.The programme, provided by Massage in the Workplace, will take place throughout July, although it will continue to run until December ...
-
ArticleNew remuneration rules in banking sector
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have announced new remuneration rules for the banking sector, including changes to deferral and clawback of variable remuneration such as bonuses.The measures have been introduced to further align risk and individual reward in the banking sector, as well as discourage ...
-
ArticleSAB Miller to invest in staff motivation
SAB Miller is to invest in implementing new initiatives across the organisation to help improve staff motivation. Its Annual report 2015 highlighted that 64% of employees who participated in its engagement poll believe they receive appropriate recognition from the organisation.The beer and soft drinks brewer, which owes the Meantime Brewing ...
-
ArticleFlexibility is key benefit to attract talent
Flexible benefits are the most valued type of benefit for talent, according to research by social media platform LinkedIn.Its Winning talent research, which surveyed 1,001 of British workers in full-time employment, also found that 36% of respondents said flexible-working arrangements would persuade them to take a job with an employer, ...
-
ArticlePensions seen as safest way to save for retirement
Workplace pension schemes are now seen as the safest way to save for retirement, according to research by the Office for National Statistics (ONS).Its Wealth and assets survey found that confidence has increased with 40% of individuals citing a workplace pension as the safest option to save in the period ...
-
ArticleNetwork Rail agrees 2% pay deal with unions
Network Rail has agreed a 2% pay increase deal with unions Unite, the Transport Salaried Staffs’ Association (TSSA) and the National Union of Rail, Maritime and Transport Workers (RMT).The agreement also includes a pay rise in line with retail prices index inflation next year, as well as an assurance there ...
-
Article
Barclays C&ES closes to new business
Employee benefits consultancy Barclays Corporate and Employer Solutions (C&ES) will cease to offer its services to new business following a consultation by Barclays. Its benefits consultancy services and auto-enrolment consulting will close and will not be open to new employers.Barclays will continue to honour existing employer client commitments within these ...
-
ArticleTop 10 most read stories this week
The top 10 most read stories on employeebenefits.co.uk between 18-25 June:1. Centrica adds new benefits to flex for 30,000 staff2. Royal Mail staff to receive £50 million worth of shares3. Government plans action to cap pension freedom charges4. Tata Steel improves DB pension plans5. Defining and demystifying total reward6. Hyde ...
-
OpinionLovewell's logic: How much freedom should employers give staff?
In it, the agency’s co-founder Jenny Biggam explained why the organisation has done away with a number of typical workplace conventions in order to give its staff greater freedom. This includes doing away with job titles and enabling staff to contribute their skills in order to shape the company; flexible-working ...
-
ArticleBring Your Dog to Work Day motivates staff
Something for the weekend…Having dogs in the workplace can help to motivate and engage staff, according to Pet Sitters International, creator of Bring Your Dog to Work Day, which takes place on 26 June 2015.The event celebrates the companionship between dogs and humans, as well as encouraging those who do ...
-
ArticleJust 6% see work-life balance as a priority
Just 6% of HR directors say work-life balance is a priority for their department, according to research by executive coaching provider Morgan Redwood.Its study, based on 250 responses from heads of HR departments, also found that just over a quarter (26%) regard staff wellbeing as being very closely connected to ...
-
ArticleNice urges employers to promote healthy working environments
Healthcare watchdog the National Institute for Health and Care Excellence (Nice) has published guidelines urging employers to do more to address the effect that poor working environments can have on employees’ livesAccording to the guidance, promoting a healthy working environment improves employees’ health and productivity and it is good management ...
-
ArticleIBM granted appeal against pension judgement
IBM has been granted permission to appeal both the breaches and remedies judgements made by a High Court in February 2015 to the higher courts.The decision made by the High Court ruled that members of the organination’s UK defined benefit (DB) pension scheme would be able to claim damages against ...