All Employee Benefits articles in Web Issue – Page 951
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ArticleApple achieves pay equity among US employees
Apple has achieved pay equity for similar roles and performance among its US workforce, according to its latest Inclusion and diversity report.Over the past year, Apple studied the total compensation for US employees and sought to close any wage gaps.The technology organisation’s US-based male and female employees now earn the ...
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Article65% believe offering benefits strengthens their reputation as a good place to work
Around two-thirds (65%) of employer respondents feel that offering employee benefits can strengthen an organisation’s reputation as a good employer to work for, improving talent attraction and retention, according to research by Busy Bees Benefits.Its Changing perceptions of personal financial health and wellbeing research, which surveyed 293 employers and 1,371 ...
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ArticleChiswick Park holds Olympics-themed event for employees
Chiswick Park Enjoy-Work hosted an Olympics-themed ‘Winner Takes It All’ event on Friday 5 August 2016 as part of its summer activity programme.The event was open to employees from the 45 organisations on site, which include Ericsson, Halliburton, Swarovski, and the Walt Disney Company.The lunchtime event, which ran between 12pm ...
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ArticleAverage FTSE 100 CEO pay rises to £5.5m a year
Average pay for FTSE 100 chief executive officers (CEOs) increased from £4.96 million in 2014 to £5.48 million in 2015, according to research by the High Pay Centre.Its State of pay report also found that the median pay for FTSE 100 CEOs was £3.97 million in 2015, compared to £3.87 ...
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ArticleUnion to bring equal pensions case against Lloyds Banking Group
Lloyds Trade Union (LTU) is preparing to bring a class action lawsuit against Lloyds Banking Group regarding equal payments for members of its defined benefit (DB) pension scheme.According to the union, the different rates at which male and female members of the pension scheme accrue guaranteed minimum pensions (GMP) payments ...
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AnalysisHow is the voluntary benefits market evolving?
Need to know:New market entrants have helped to rejuvenate the voluntary benefits market.DNA tests are one of the latest voluntary benefits on the market.Technology is driving innovation.The rebrand of Asperity Employee Benefits as Reward Gateway in 2013 gave the voluntary benefits market the kick-start it needed to review its workplace ...
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OpinionIan Hodson: Employees need a tip-top consumer experience at work
The Consumer Rights Act was designed to protect our rights when we shop on the high street or online, but the principles need to extend to the workplace as employees increasingly expect to be treated as consumers.This means that employers need to ensure that their voluntary benefits package, and indeed ...
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Case StudiesSnowflake Gelato uses voluntary benefits platform to retain staff
In 2015, Snowflake Gelato implemented a voluntary benefits platform, provided by Perkbox, to help to retain staff.The luxury ice-cream maker, which employs around 50 staff with an average age of 26, has seen its staff retention rate increase by approximately 50% over an eight-month period and the average tenure of ...
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Supplier article
What employees can do to protect maturing share schemes from tax
Employees from many leading companies are benefiting from maturing Save As You Earn (SAYE) share schemes this year, but what can they do to make sure that these potentially life-changing amounts aren’t eroded by Capital Gains Tax (CGT)?Jonathan Watts-Lay, a director of WEALTH at work, said: “There are a few ...
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Supplier article
A one-size-fits-all approach does not work at retirement
The problem of how employees access their defined contribution (DC) pension schemes to draw pension income i.e. ‘decumulate’ seems to be a growing issue in the pension’s industry. The debate on the topic has centred on the need for innovation to create a new ‘default’ option to replace annuities, where ...
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Article51% of employers view mental health as biggest threat to staff health
Around half (51%) of employer respondents believe that mental health conditions are the biggest threat to their employees’ health over the next five years, according to research by Axa PPP Healthcare.Its study of 1,000 managers in organisations employing 50 or more staff, also found that 78% of respondents feel they ...
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ArticleITN appoints Sian Williams first mental health champion
ITN has appointed newsreader Sian Williams its first mental health champion.The news and content provider's mental health champions initiative is the first scheme to launch following its internal mental health awareness week, which ran between 11 and 20 May 2016. Training for 20 champions is due to commence in September.The ...
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ArticleSG Fleet acquires Fleet Hire
SG Fleet has acquired contract hire, fleet management and salary sacrifice provider Fleet Hire.SG Fleet Group manages a fleet of approximately 130,000 cars across Australia, New Zealand and the UK, while Solihull-based Fleet Hire currently has 60 staff and 6,500 cars in the UK.Fleet Hire's senior team, including chief executive ...
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ArticleBriggs becomes chairman at ABI
Andy Briggs has been appointed the next chairman of the Association of British Insurers (ABI). He will take up the role in October.Briggs, who is chief executive officer at Aviva UK Life and chairman at Aviva Global Life, succeeds Paul Evans, group chief executive at Axa UK.Briggs has been deputy ...
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ArticleCIMA promotes Nolan
Angela Nolan is now director of HR and workplace performance at the Chartered Institute of Management Accountants (CIMA). In this role, Nolan will have responsibility for developing staff and workplace strategies, as well as leading global HR and workplace teams.Nolan joined CIMA in 2009 and was appointed head of HR, ...
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ArticleLamey joins First Names Group
First Names Group has appointed Teresa Lamey chief HR officer. She joins from TMF Group where she was global head of HR.In her new role, Lamey is responsible for recruitment, talent development and training, reward and recognition, business partnering and HR operations support. She will also sit on the organisation’s ...
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ArticleWalker moves into Unum HR role
Liz Walker has been appointed HR director at Unum UK. She was previously head of key accounts for the organisation. She has also joined the UK board.Walker has worked at Unum for over 20 years, including 16 years within the Unum US sales team.
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ArticleBoldyreva moves in Mondelez International
Masha Boldyreva has changed roles at Mondelez International, moving from reward director, Europe to HR director, Northern Europe.Previously, Boldyreva has worked at organisations including Cadbury, Credit Suisse and Eastern Electricity.
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ArticleWilletts joins Engie
Engie UK and Ireland has appointed Iain Willetts interim reward director. In this role, Willetts will manage the team responsible for the full scope of the organisation’s reward function. Previously, he held interim management and consultancy positions at organisations such as the Yorkshire Building Society Group, Serco and Oaklea Consultancy.
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ArticleAssociated British Ports to roll out financial education programme to all staff
Associated British Ports is to roll out a multi-generational lifestyle and financial education programme to all of its 2,000 employees.The career-long financial education programme, provided by Jelf Employee Benefits, will be available to staff across 21 ports in England, Scotland and Wales from September 2016.The roll out across the business ...