All Employee Benefits articles in Web Issue – Page 972
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AnalysisHow to engage staff with long-term business growth
Need to know:A cultural change may be needed to shift employees’ focus from short-term goals to longer-term organisational objectives.Building a narrative around benefit strategies and illustrating how this ties into an organisation’s values can help engage staff with long-term business growth.Benefits that demonstrate employers have a long-term commitment to staff ...
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Case StudiesFletchers Solicitors embeds core values in benefits strategy to engage staff with business goals
Over the last two years, Fletchers Solicitors has grown from 90 employees to more than 340. To support this growth and engage staff with the organisation’s values and goals, Fletchers has defined its core values and developed a reward and benefits strategy that embodies and celebrates these.The law firm has ...
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ArticleBenefits and long-term business strategy go hand in hand
In today’s business world, there is often a mismatch between employees’ expectations and focus, and organisations’ overarching business strategies and goals. The demise of the appeal of a job for life and the fast pace of roles in many workplaces, means it can be all too easy for employees to ...
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Article47% believe flexible working hours can reduce workplace stress
Just under half (47%) of respondents believe that the introduction of flexible working hours would help to reduce workplace stress, according to research by Cascade HR.Its Stress report 2016, which surveyed 1,011 UK full and part-time employees, also found that 39% of respondents would value an early finish on Fridays ...
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ArticleAdvo Group acquires HR Experts
Employee benefits organisation Advo Group has acquired HR Experts, which was previously part of Broker Direct.Advo Group has acquired the HR consultancy as part of its aim to establish itself as a provider of online technology systems for payroll, benefit management and communication.The acquisition also aims to enhance HR Expert's ...
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ArticleCourt of Appeal confirms inclusion of commission in holiday pay in British Gas case
The Court of Appeal has confirmed that commission-based earnings should be included in holiday pay calculations in the case of British Gas v Lock.Lock, previously a sales representative for British Gas, raised a complaint against the energy organisation for an alleged unlawful underpayment of his wages of £1,500 due to ...
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ArticleCambridge City Council and Ikea named living wage champions 2016
Cambridge City Council and Ikea are among the organisations who have won a Living Wage Champion Award 2016, in recognition of their efforts in implementing, promoting and celebrating the voluntary living wage in their respective regions.The Living Wage Foundation's annual awards celebrate accredited living wage employers, recognised service providers or ...
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Supplier article
Common investment scams of recent years
In the month after pension freedom was introduced in April 2015, the City of London Police revealed pension scam losses had more than trebled to £4.5m from £1.4m. With everyone aged 55 and over now able to take their full pension as cash, there were always going to be some ...
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ArticleEXCLUSIVE: 75% do not have a policy to manage employee stress
EXCLUSIVE: Three quarters (75%) of employer respondents do not have a policy in place to manage stress, according to research by Jelf Employee Benefits.Its survey of 124 organisations also found that 85% of respondents believe employee stress will be an increasing people risk for their business.The research also found:73% of ...
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ArticleSky and Vodafone awarded for gender diversity and family-friendly policies
Lloyds Banking Group, Sky and Vodafone were among the organisations recognised for their family-friendly policies and support for gender diversity at the annual Workingmums.co.uk Top Employer Awards on 1 November 2016.The awards are designed to showcase organisations that support gender diversity, female career progression, and family-friendly working practices, such as ...
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Article48% take steps to discourage presenteeism
Around half (48%) of employer respondents have taken steps to discourage presenteeism, according to research by the Chartered Institute of Personnel and Development (CIPD) and Simplyhealth.The 2016 Absence management survey, which surveyed 1,000 employers, also found that 72% of respondents have observed presenteeism in their organisation, and 29% have witnessed ...
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Case StudiesGoodman Masson takes an innovative approach to employee benefits
With an employee base that consists mainly of sales-related roles, Goodman Masson recognises the importance of offering a varied benefits package in order to retain and motivate staff.The financial recruitment organisation has been placing finance professionals in all industry sectors for over 20 years and roles in its 140-strong workforce ...
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Article10% of line managers feel they have received sufficient mental health training
Just 10% of line manager respondents feel they have had sufficient training to deal with mental health problems at work, according to research by the Mental Health Foundation and Unum.The Added value: mental health as a workplace asset report, which surveyed 1,000 employees with lived experience of mental health problems ...
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Case StudiesThe benefits on offer at Goodman Masson
The workplace benefits on offer at Goodman Masson include:PensionStakeholder pension with a 1% employer and 1% employee contribution.Goodman Masson went through auto-enrolment in 2014.Group riskGroup income protection, employer-paid for some employees.Critical illness insurance, employer-paid for some employees.Healthcare and wellbeingPrivate medical insurance, voluntary basis, employee-paid.Eyecare vouchers, employer-paid for all employees.Personal accident ...
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Article38% would feel valued if given their chosen Christmas perk
More than a third (38%) of respondents would feel valued by their organisation if they received their chosen Christmas perk, according to research by Sodexo Benefits and Rewards Services.Its survey of 1,000 employees also found that 34% of respondents find balancing work with family activities and Christmas shopping over the ...
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ArticleFTSE 350 defined benefit pension deficit falls to £149bn
The accounting deficit of defined benefit (DB) pension schemes for the UK’s largest 350 listed organisations fell from £152 billion at the end of September 2016 to £149 billion on 31 October 2016, according to research by Mercer.Its Pension risk survey, which is based on analysis and projections of FTSE ...
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ArticleTop 10 most read stories this week
The top 10 most read stories on www.employeebenefits.co.uk between 27 October and 2 November 2016 were: London-based staff can ride a unicorn to workEverton Football Club to pay all staff the living wageVoluntary living wage rises to £8.45 an hourNew categories unveiled for Employee Benefits Awards 2017Tribunal rules Uber drivers ...
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ArticleThe Pensions Regulator begins enforcement action over BHS pension scheme
The Pensions Regulator (TPR) has formally commenced enforcement action against parties it believes to be liable to support the British Home Stores (BHS) pension scheme.TPR has sent warning notices to Sir Philip Green, Taveta Investments, Dominic Chappell, and Retail Acquisitions. These notices comprise arguments and evidence as to why TPR ...
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ArticleConfessions of a benefits manager: Candid gets creative with budgets
Last year I escaped the job of putting together the department budgets. Inexplicably, Big Bad Boss had given this task to my colleague Lazy Susan, which is rather like asking a toddler to make a wedding cake. Now she is away, it has fallen back to me. I look at ...
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ArticleChicago Cubs give fans excuse note to miss work for World Series final
Something for the weekend: Sporting events often have the power to bring entire offices to a standstill, whether it's the England football team playing in the World Cup or Andy Murray competing in a centre court final at Wimbledon.However, US baseball team Chicago Cubs took this a step further by ...