All Employee Benefits articles in Web Issue – Page 96
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Case StudiesTaylor Wessing includes crypto tokens in recognition programme
Global law firm Taylor Wessing introduced an incentive programme in 2023, enabling its UK lawyers to award, trade and redeem crypto tokens, known as LAW Tokens. Paul Thorpe, a partner at Taylor Wessing and one of the leads on the initiative, says there are several reasons behind the programme. “We’re ...
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AnalysisDoes crypto currency have a role to play in employers' pay strategies?
Need to know:Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them.Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more ...
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ArticleHenkel implements paid global gender neutral parental leave
Chemicals firm Henkel has introduced fully paid gender neutral parental leave for its 50,000 employees worldwide.The firm’s employees in 80 countries will have the opportunity to take up to eight weeks of fully paid parental leave. The length of the leave is based on the caregiver role as opposed to ...
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ArticleLloyds Banking Group reports 5.7% mean ethnicity pay gap
Credit: William Barton / Shutterstock.comLloyds Banking Group has reported a 5.7% mean ethnicity pay gap for 2023, which is a 1% increase on its 2022 figure.The group’s median ethnicity pay gap was 12.5%, remaining the same as 2022’s figure. Its mean ethnicity bonus gap was 29.2%, which is 17.1% higher ...
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ArticleEden Hotel Collection awards staff for long service
Boutique hotel group Eden Hotel Collection has recognised 50 of its employees who have been in their roles for five years or more at a long-service awards ceremony.The group employs more than 425 staff across its hotels, which include The Arden Hotel in Stratford-upon-Avon, The Greenway Hotel and Spa in ...
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OpinionNabila Mallick: Employers must take menstrual health in the workplace seriously
While there is no specific protection in law, there are various provisions that indirectly protect women from discrimination or harassment relating to periods and the menstrual cycle. These include protections from disability discrimination where women have diagnosed medical conditions related to menstruation and protections against sexual harassment, such as where ...
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Supplier articleState of the Nation: Benchmarks and Best Practice to Engage Employees in Volunteering in 2024
The climate crisis. Poverty. Loneliness. Homelessness. The world’s problems aren’t going anywhere anytime soon, and governments and charities alone won’t be able to solve them.More and more employees are looking to organisations to be a guiding light of doing good amongst a tumultuous, shifting value system. We’re seeing a once-in-a-generation ...
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Supplier articleCancer prevention and early detection: employer support
By Tracey Ward, Head of Business Development & Marketing at Generali UK Employee Benefits “The number of corporates now offering education, awareness and screening for cancer is increasing exponentially, in our experience,” says Professor Gordon Wishart – CEO and Chief Medical Officer of Check4Cancer, a leading early ...
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ArticleBain and Gray becomes employee owned
Credit: Andrew Ogilvy PhotographyLondon-based executive support recruitment firm Bain and Gray has become an employee-owned firm by establishing an employee ownership trust (EOT).The EOT gives the organisation’s 20 employees a stake in the business, a greater say in how it is run and an annual share of its profits. Co-founders ...
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ArticleLidl GB gives pay rise to 26,000 hourly-paid employees
Supermarket Lidl GB is to give its 26,000 hourly-paid employees a pay rise as part of a £37 million investment into their wages.From 1 March, entry level rates will increase from £11.40 to £12 outside of the M25, rising to £13 with length of service. For those working within the ...
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ArticleEngineering construction staff accept 17.4% pay increase
A total of 3,000 engineering construction workers who operate under the National Agreement for the Engineering Construction Industry (NAECI) have accepted a two-year pay increase worth a minimum of 17.4%.The NAECI staff, who are members of trade unions Unite and GMB, carry out essential repair and maintenance at oil refineries, ...
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OpinionDawn Moore: How can reward and benefits contribute to happiness at work?
It has long been recognised that reward and benefits, as part of an overall employee experience, are a key part of happiness at work. A good reward and benefits package demonstrates that an organisation cares for its employees, particularly where it is clear that there is not a one-size-fits-all approach ...
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OpinionNeil Goodwin: How can reward and benefits contribute to happiness at work?
The old adage that a happy worker is a good worker is nothing new. However, the advantage to businesses of having a happy and engaged workforce, and the things that affect this the most, are becoming a key focus like never before (cue obligatory reference to Google’s chief happiness officer).Looking ...
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OpinionJennifer Roberts: How can reward and benefits contribute to happiness at work?
At Central Co-op, our colleagues are the difference makers. Our society is built on strong cultural values dating back to the original Co-op pioneers focusing on the difference we make within the communities we serve. Our reward and benefits offering is also built on these strong values, aiming to make ...
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ArticleOlivia Burgess: How can reward and benefits contribute to happiness at work?
The value of employee happiness is significant, with direct links to productivity, engagement, and retention. Prioritising employee happiness and wellbeing at Atradius has enabled us to look after our people and maintain a high retention rate across our organisation.Reward and benefits have a direct impact on employee wellbeing; ultimately, happier ...
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Supplier articleHow flexible working hours, competitive pension benefits, and mental wellbeing support can engage the Gen Z workforce
The Five Benefits That Gen Z Want in the Workplace Gen Z will comprise a third of the workforce within the next few years. So what benefits must companies adopt in order to attract and retain this new generation of talented employees? Born after 1995, Gen Z ...
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Supplier articleUnlocking Exciting Opportunities: Benefit & Business Trends in Latin America | Benify Sessions
Watch this on-demand webinar to unlock a world of exciting opportunities and emerging business trends in Latin America. Hosted by Benify’s Business Development Director Rick Zaccheo, our webinar explores: Important developments in Latin American business today The ways in which digitization has transformed both the business ...
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Supplier articleBenify Sessions: The latest in Employee Reward and Benefit Trends in the UK
Our exciting webinar series will delve into a variety of topics, unveiling essential trends, industry insights, and transformative changes that are shaping your current and future workplace. In this on-demand webinar, we focus on the results from our recent report, The Benefits Factor 2023, with a spotlight ...
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Supplier articleZooming in on Gen Z in the Modern Workplace A closer look at employee rewards & benefits through the lens of Gen Z
To understand what drives the workforce of today, Benify carried out a wide-ranging survey of 8,000 employees from eight different countries. Now, we’re zooming in on what Gen Z had to say. Where do they want to work? What values do they expect their employer to have? ...
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Supplier articleThe Benefits Factor 2023 The Latest in Employee Benefits and Work Trends
Do you know what rewards and benefits your employees want? This report will give you valuable insights into preferred and market-competitive compensation packages, attracting and retaining talent and elevating the employee experience. By downloading this report you will learn: About the most sought after benefits per ...