All articles by Zoe Wickens – Page 110
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Article66% of full-time UK staff think contributory pensions are important
Two-thirds (66%) of full-time UK employees regard contributory pensions and savings as important, according to research by Employee Benefits Isle of Man.Its 2023 Non-salary benefits global survey, which polled more than 2,000 full time UK and expat workers in Singapore, Hong Kong, the United Arab Emirates (UAE) and South Africa, ...
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ArticleThe top 10 most-read articles between 24 - 30 November 2023
The top 10 most-read articles on employeebenefits.co.uk between 24 - 30 November 2023 were: Apple, Microsoft and UKG named World’s Best Companies of 2023Cumberland Building Society launches neurodiversity toolkitBoots completes £4.8 billion pension scheme buy-inFoster Denovo Group acquires benefits arm of Punter Southall AspireShell UK reports -31.4% to 38.9% mean ...
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ArticleVelloy looks for luxury content creator to attend VIP events
Premium membership card firm Velloy is searching for a luxury content creator to attend the world’s most sought-after events as a VIP and get paid £100,000 a year for the privilege.The successful applicant will be required to attend a minimum of three events per month in 2024, such as New ...
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ArticleBlack, African, Caribbean or Black British staff earned less than White employees in 2022
Black, African, Caribbean or Black British UK employees earned less than White employees in 2022, with medians of £13.53 and £14.35 per hour respectively, according to new research by the Office for National Statistics (ONS).After using personal and work characteristics to provide an adjusted pay gap based on a like-for-like ...
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ArticleUnhappy staff take nine more sickness days on average per year
Unhappy employees take nine more sickness days on average per year as opposed to their happier counterparts, according to new research by WPI Economics.Commissioned by employee benefits provider Unum UK, the survey of more than 4,000 UK employees revealed that this is costing the economy £11 billion per year through ...
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ArticleIngka Group to pay out €311 million performance-based bonus
Ingka Group, which owns retailer Ikea, has announced that it will pay out a €311 million employee bonus based on good results this financial year, where revenue grew by 5.4%.The group’s global annual performance-driven bonus programme rewards employees when they meet or exceed specific business goals. The bonus total varies ...
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ArticleSSP Group hires Ann-Marie Murphy as chief people officer
Multinational contract foodservice firm SSP Group has appointed Ann-Marie Murphy as its new chief people officer.Murphy will take up the role early next year. She will join from The Gym Group, where she has worked since 2018, initially in the role of director of people and development, later as chief ...
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OpinionYvonne Gallagher: Supreme Court rules that Deliveroo riders are not workers in collective bargaining case
The Supreme Court has upheld the earlier decision of the High Court and Court of Appeal in rejecting the claim by trade union the Independent Workers of Great Britain (IWGB), which was seeking to compel Deliveroo to recognise it for the purposes of collective bargaining on behalf of riders working ...
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Article53% of employers do not think the living pension meets basic retirement needs
Employee Benefits poll: More than half (53%) of organisations do not think the living pension goes far enough to support employees in building a pension pot that meets basic retirement needs, according to a survey of Employee Benefits readers.One-third (33%) said they did think the living pension goes far enough ...
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Poll: Do you think the pension pot-for-life plans announced in the Autumn Statement will help employees to manage their pension?
Take part in our latest readers’ poll on a current topical issue. Last week, Employee Benefits reported that Chancellor of the Exchequer Jeremy Hunt announced plans to offer a pension pot for life in the Autumn Statement 2023.This will give employees a legal right to require a new employer to ...
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ArticleApple, Microsoft and UKG named World’s Best Companies of 2023
Tech firms Apple and Microsoft, and HR, payroll and workforce management solutions provider UKG have been named as some of the World’s Best Companies of 2023 by Time magazine.To determine the list, Time partnered with Statista and evaluated firms based on employee satisfaction, revenue growth and sustainability. Surveys were conducted ...
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ArticleFoster Denovo Group acquires employee benefits arm of Punter Southall Aspire
Foster Denovo Group has agreed to acquire Punter Southall Aspire’s employee benefits business.Signed on 16 November, the deal is set to complete by the end of the year. The businesses will combine under Foster Denovo’s employee benefits division Secondsight.The transaction will see 56 Punter Southall staff, led by current managing ...
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ArticleIAG Loyalty launches financial wellbeing support for staff
Customer loyalty programme provider IAG Loyalty has introduced new financial wellbeing support for its more than 600 employees?as part of a drive to expand wellbeing assistance.Provided by AI-powered household money-saving tool Nous.co, the support is offered to IAG Loyalty employees through a subscription. The platform manages services including energy, mortgages, ...
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ArticleNewton hires Helen Beurier as chief people officer
Management consultancy Newton has appointed Helen Beurier as chief people officer and partner to further strengthen its leadership team.Beurier will assume her new role in January 2024 and will become a member of Newton’s senior executive team and board. Responsible for driving its people agenda forward by developing global organisational ...
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ArticleShell UK reports -31.4% to 38.9% mean ethnicity pay gaps
Shell UK has reported mean ethnicity pay gaps for 2023 that range from -31.4% to 38.9%, compared to -5.% to 36.2% in 2022.The energy firm calculates its ethnicity pay gaps using six ethnic groups.For mixed and multiple ethnic groups, the mean and median ethnicity pay gaps were 26.3% and 30.7% ...
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ArticleVirgin Money reports 26.4% mean hourly gender pay gap
Virgin Money has reported a 26.4% mean hourly gender pay gap for 2023.This is lower than its 32.5% gap for hourly fixed pay at April 2017 and 36% in April 2016.The financial services firm’s median hourly pay gap was 34.6%, with 61.2% of males and 38.8% of females in its ...
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ArticleBoots completes £4.8 billion pension scheme buy-in
Credit: Martin Good / Shutterstock.comRetailer Boots has completed a £4.8 billion pensions buy-in.The transaction with Legal and General will secure the benefits of all 53,000 retirees and deferred members of the scheme. This buy-in begins the conclusion of a de-risking process that the scheme first embarked on in 2001.Aon acted ...
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Boots completes £4.8 billion pension scheme buy-in
Retailer Boots has completed a £4.8 billion scheme buy-in for its pension scheme.The transaction with Legal and General will secure the benefits of all 53,000 retirees and deferred members of the scheme. This buy-in begins the conclusion of a de-risking process that the scheme first embarked on in 2001.Aon acted ...
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ArticleThe top 10 most-read articles between 17 - 23 November 2023
The top 10 most-read articles on employeebenefits.co.uk between 17 - 23 November 2023 were: UK Supreme Court rules Deliveroo riders are not workersNational living wage to increase in April 2024Exclusive: Unum UK introduces exercise and wellbeing benefit for staff42% of employers plan to reduce flexibility for staff in 2024Tribunal rules ...