All Employee Benefits articles in Web Issue – Page 879
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Supplier article
Employers need to consider alcohol consumption strategies within health and wellbeing schemes
During Alcohol Awareness Week (16-20 Nov) and with Christmas not far away, Buck Consultants has produced guidance for employers on the importance of alcohol consumption strategies within their health and wellbeing schemes.Chris Evans, senior consultant, Buck Consultants at Xerox, says: “Whilst formally reported alcohol consumption has been falling consistently in ...
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Article60% save for retirement
Just under two-thirds (60%) of respondents are saving for retirement compared to less than half (47%) two years ago, according to research by Blackrock.Its Global investor pulse survey, which is based on a sample size of 4,000 UK respondents, also found that 54% of respondents are positive about their financial ...
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Article209,000 jobs pay less than minimum wage
Some 209,000 UK job roles held by employees aged 16 and over in April 2015 paid staff less than the national minimum wage, according to research by the Office for National Statistics (ONS).Its Low pay, April 2015 survey also found that 115,000 of the jobs are held by full-time employees ...
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ArticleOrchard Media and Events Group launches share scheme for staff
Orchard Media and Events Group has a launched a share scheme to offer its 40 members of staff a stake in the business.The organisation worked alongside accountancy firms Macey Owen and Broomfield and Alexander, as well as Capital Law, to introduce an enterprise management incentives (EMI) scheme.Matt Wordley, chief operating ...
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Case StudiesMonster introduces workplace savings platform to help staff understanding of finances
When recruitment firm Monster started preparing for auto-enrolment, its senior director for human resources, Claire Lock, got a bit of a shock.“We’d been offering a generous pension scheme but only 41% of staff had signed up,” she explains. “Employees didn’t really understand its value or the implications of not saving ...
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OpinionMartin Upton: Employers have a responsiblity to support employees with financial education
There are many examples of benevolent employers that have attended to their employees’ welfare beyond the work place. Joseph Rowntree and the Cadbury family are exemplars of such benevolence, providing housing, health services and pension schemes for their employees. But when it comes to their employees’ welfare, should contemporary businesses ...
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AnalysisHow integrated to the workplace should an employee’s finances be?
If you read nothing else, read this…Workplace savings platforms allow employees to bring together their financial products to give them an overview and insight into their wealth.While some platforms offer access to a range of savings and investment products, others allow employees to pull together different products, including current accounts, ...
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Case StudiesMartin Currie offers greater savings flexibility with new platform
Offering employees greater flexibility around how they save and broader access to the fund market were the key reasons behind investment management firm Martin Currie’s decision to introduce a workplace savings platform in 2013.Craig Gibson, head of reward, explains: “We offer all our employees membership of our self-invested personal pension ...
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Article69% say Christmas rewards boost positivity about employer
Some 69% of employee respondents say that receiving some form of reward at Christmas makes them feel more positively towards their employer, according to research by Edenred.Its Big red report, which is based on responses from 1,000 employees and 200 employers, also found that 55% of employer respondents give staff ...
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Article36% suffer from a chronic health condition
More than 36% of respondents are coping with a chronic health condition such as heart disease of diabetes, according to research by Britain’s Healthiest Company, alongside Vitality Health, the University of Cambridge, Mercer and RAND Europe.The research, which is based on responses from 32,538 employees, also found that 61% of ...
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ArticleTom Gaynor: How can employers address mental wellness in the workplace?
Tom Gaynor, employee benefits director at MetLife UK, discusses the ways in which employers can address mental wellbeing in the workplace and how they can support the diverse health requirements of today’s workforce demographic.In this five-minute video, Employee Benefits asks Gaynor: How can employers address mental wellness in the workplace?How ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk on 11-19 November 2015: Tesco hires Christmas light untanglerConfessions of a benefits manager: Candid reviews benefits technologyEXCLUSIVE: Getty engages 73% of staff with financial wellbeing53% view flexible working as key part of wellbeingCourt rules holiday does not need to be retroactively recalculated ...
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OpinionLouise's lowdown: Employees' financial concerns move onto the radar
October saw the debut of Workie, the star of the government's campaign to raise awareness of auto-enrolment and increase engagement with workplace pensions. Workie, "a striking physical embodiment of the workplace pension", is appearing on billboards, television screens and, most likely, a Twitter feed near you. Reactions have been mixed, ...
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Article34% believe pets in workplace boost health
Something for the weekend…Around a third (34%) of employees believe that having pets in the workplace boosts health and happiness, according to research by pet food provider Purina.Its survey of 2,000 employees who do not usually work from home, also found that 26% of respondents believe having pets in their ...
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ArticleDomestic and General offers staff free flu jabs
Domestic and General is running a free flu jab scheme for its employees for the fifth year in a row.The appliance care provider is giving staff at its Nottingham, Bedworth and Brighton offices the opportunity to receive the vaccinations, which are supplied by Doctorcall, throughout November.The scheme aims to improve ...
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ArticleAsda increases share plan take up by 45%
The number of employees taking part in Asda’s share plan has increased by 45% over the last five years.There were 26,212 members of staff enrolled in the share plan in 2010, which had increased to 38,100 at the end of August 2015.The employer boosted take-up in the scheme, which is ...
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ArticleLendlease links physical environment to its employees' wellbeing
Lendlease has linked its physical office environment to its employees’ health and wellbeing.The property and infrastructure organisation has partnered with Delos to develop a building standard that actively contribute to employees’ health, wellbeing and performance, and it intends to lead by example by implementing the initiative among its own workforce.The ...
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Article£80bn was saved into workplace pensions in 2014
More than £80bn was saved into workplace pensions in 2014, up almost £3bn on 2013, according to the Department of Work and Pensions (DWP).Its Automatic enrolment evaluation report 2015 found that private sector workplace pensions accounted for £43bn of this, while the public sector accounted for £37bn.The report also found:In ...
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Article48% are concerned about saving enough for retirement
Almost half (48%) of respondents are concerned about saving enough for retirement, according to research by Mercer.Its survey of 1,500 workers between the ages of 24 and 64 also found that 41% of respondents worry about whether they could provide for their family if impacted by illness or death.The research ...
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Article99% of junior doctors vote in favour of industrial action
Junior doctors in England have voted in favour of industrial action over changes to their contracts, including pay and working hours.Some 99% of the 76% of junior doctors who took part in the ballot are prepared to take industrial action short of a strike, while 98% are prepared to take ...