All Employee Benefits articles in Web Issue – Page 918
-
Case StudiesThe benefits offered by DS Smith
A summary of the workplace benefits offered by DS Smith:PensionDefined contribution money purchase scheme open to all employees. Contributions payable via salary sacrifice.Healthcare and wellbeingEmployee assistance programme (EAP).Healthy Hearts programme.Group riskGroup income protection and life assurance for members of the standard section of the pension scheme.Share schemeSharesave scheme for all ...
-
ArticleEXCLUSIVE: 67% concerned about mental health in the workplace
EXCLUSIVE: More than two-thirds (67%) of HR professional respondents say mental health is a major issue in their workplace, according to research by MetLife Employee Benefits.Its survey of 204 UK HR professionals also found that more than half (53%) of respondents have found themselves providing counselling to employees.The research also ...
-
ArticleCo-operative Food to increase new starter pay by 1.8%
The Co-operative Group is increasing pay for new starters in its food stores by 1.8%.The increase follows a two-year pay deal agreed in 2015 that will see 40,000 employees working in frontline positions in its food business receive a pay rise of 8.5% by October 2016.The increases take pay levels ...
-
Article11.5m people covered by group risk schemes in 2015
More than 11.5m people were members of group risk schemes at the end of 2015, according to research by Swiss Re.Its Group watch 2016 report, which is based on data from all insurers operating in the group risk market, also found that the number of people covered under group risk ...
-
ArticleSporting life is a rich repository of lessons
The political unrest in Brazil is currently overshadowing preparations for this year’s Olympic games for many. Yet, when the curtain rises on the opening ceremony, eyes around the world will be on Rio to support and cheer on their national teams.As the competition gets underway, spectators could take away much ...
-
Supplier article
Red Letter Days For Business launch world-exclusive £7,500 reward
Incentive and reward experts, Red Letter Days For Business, know how important it is to recognise employees for a job well done and the company has stepped its rewards up a notch this month by launching the Hypercar Holy Trinity 200mph Challenge – a world-exclusive supercar experience in partnership with ...
-
ArticleTasmanian island seeks chief wombat cuddler
Something for the weekend: Australia’s Flinders Island is seeking a suitable candidate to cuddle its wombat resident Derek.The Tasmanian government’s tourism marketing agency, Tourism Tasmania, is running a competition to appoint the chief wombat cuddler.While the lucky winner’s key responsibility will be cuddling the cute marsupial - a pretty great ...
-
Supplier article
Pension changes: a year older, a year wiser?
Jonathan Watts-Lay, director, Wealth at Work, recently took part in a film interview with Employee Benefits to talk about the pension changes now it’s one year on.Freedom and choice in pensions was the most seismic change to our pension landscape for a generation and created a set of challenges and ...
-
ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 31 March and 6 April 2016: EXCLUSIVE: Reward Gateway owner acquires Perkz.Is pet pampering coming to a workplace near you?Employee Benefits Awards 2016 shortlist unveiled.How will the Budget 2016 affect employee benefits?US women footballers file equal pay complaint.Golin introduces unlimited leave ...
-
OpinionLovewell's logic: Success deserves to be celebrated
One of the things I love most about my role – and there are many – is judging the Employee Benefits Awards each year. One of the reasons I became a journalist is that I’m intrinsically curious and the whole judging process presents a real insight into what employers are ...
-
Article35% speak to their manager about mental health problems
Around a third (35%) of respondents that have experienced mental health issues have discussed these with their manager, according to research by Willis PMI Group.Its survey of 1,388 UK employees also found that 30% of respondents do not speak to their manager about their mental health because they are worried ...
-
Article16% refer staff to Pension Wise
Less than one-fifth (16%) of employer respondents are referring their employees to the Pension Wise service, compared to 20% in October 2015, according to research by Close Brothers Asset Management.The latest Close Brothers business barometer, which surveyed 917 employers, also found that more than a third (36%) of respondents offer ...
-
ArticleCo-operative Group chief executive requests 60% pay cut
The Co-operative Group’s chief executive has requested a 60% cut to his total remuneration package.Richard Pennycook (pictured) will see his base salary reduce from £1.25m to £750,000 from July 2016.From 2017, the maximum annual incentive plan award will fall from 100% of base salary to 40% of base salary, and ...
-
Article45% of European employers view sedentary lifestyles as key health concern
Almost half (45%) of European employer respondents cite sedentary lifestyles as a key health concern, according to research by Willis Towers Watson.Its Staying@work research, which surveyed 1,669 employers across Europe, North America, Latin America, the Middle East and Asia, also found that almost three-quarters (74%) of European employers are concerned ...
-
ArticleWell Pharmacy increases pay for 4,500 employees
Pharmacy chain Well is increasing hourly pay rates by between 2% and 10% for 4,500 employees.The organisation, which employs around 7,000 members of staff, will implement the increases across seven roles in its pharmacy stores and driving teams.Healthcare assistants and pharmacy assistant trainees will see their pay rise by 8% ...
-
Article61% of US employers have a budget for employee engagement
Less than two-thirds (61%) of US employer respondents have some level of funding for employee engagement in 2016, compared to 71% in 2014, according to research by employee engagement and retention firm TalentKeepers.Its 12th annual Employee engagement and retention trends report, which surveyed 887 US employers, also found that 26% ...
-
Supplier article
Lifetime ISAs: creating a need for education
Following the Budget announcement on 16March individuals under the age of 40 will be able to open a “Lifetime ISA” from April 2017. Lifetime ISAs (LISAs) are designed to help young people save flexibly throughout the whole of their lives: “It will help them to simultaneously save for a first ...
-
Supplier article
Is your organisation really ‘family friendly’?
Easter is a time of year when many working parents are taking annual leave from their employment.Many are of course doing so as a lifestyle choice to spend quality time with the family. Yet it would be a mistake to assume that this is the case for all parents.The reality ...
-
Supplier article
Benefits of private medical insurance (PMI) – unaware or unadvised?
Are companies failing to get the most out of their private medical insurance (PMI) policy?There are many reasons why a company may offer its staff cover through a PMI policy. These could include attracting the right staff, retaining staff, expectations of their industry or the request of a parent company ...
-
AnalysisUnderstanding pensions governance
From April 2015, all firms that operate workplace pension schemes have been required to establish and maintain an independent governance committee (IGC), which has a clear duty to act independently of the business. All IGCs must produce a publicly available annual report setting out information on the schemes’ value for ...