All articles by Zoe Wickens – Page 18
-
Article
Poll: What is your employee take-up of health and wellbeing benefits?
Take part in our latest readers’ poll on a current topical issue. At the end of last month, Employee Benefits reported that while health and wellbeing benefits are the most impactful component of an employee value proposition, they are underutilised by staff, according to new research from Cigna Healthcare.More than ...
-
ArticleMicrosoft awards staff one-off performance-based cash award
Technology firm Microsoft has announced that it will award its non-executive employees a one-time performance-based cash award of up to 25% of their annual bonus.According to a memo distributed to employees, salaried and hourly workers at the senior director level and below will be eligible for the award, with amounts ...
-
Article65% of pension scheme sponsors do not know how much members can expect at retirement
Two-thirds (65%) of those running pension schemes do not know how much a typical member can expect at retirement, according to Aon’s latest research.The global professional services firm drew insights from 214 UK defined contribution (DC) schemes, with combined assets of over £60 billion and more than one million members, ...
-
ArticleCrawford and Company launches new working abroad policy
Crawford and Company, a global provider of claims management and outsourcing solutions to insurance firms, has launched a new working abroad policy for its employees in the UK and Northern Ireland.Under the initiative, Crawford employees will be able to carry out their work commitments in a safe and secure working ...
-
ArticleYodel names new HR director
UK parcel carrier Yodel has appointed Alison Richardson as its new HR director as of this month.Richardson will lead the full people division with overall responsibility for all 30 HR workstreams.Her focus will be on organisation design, trade union relationships and ensuring employees continue to be provided with the support ...
-
ArticleSCA UK Pension Plan completes £1.1 billion pensions buy-in
The SCA UK Pension Plan, which is sponsored by global hygiene and health firm Essity Group, has completed a £1.1 billion pensions buy-in.Headquartered in Sweden, Essity employs 1,600 UK employees across six manufacturing sites and three commercial offices. Its portfolio includes Tena, Cushelle, Tork, Plenty, Velvet and Bodyform.The transaction, which ...
-
ArticleSaudi Arabia enhances retirement age, pension contributions and maternity leave
The Saudi Arabian government has updated the retirement age for employees and increased pension contributions and maternity leave.Its amended Social Insurance Law, which is managed by the Saudi Arabian General Organisation for Social Insurance, now applies to both public and private sector employment to make it easier for employees to ...
-
ArticleMedian pay award for three months to June rose to 4.6%
The median pay award across the economy rose slightly from 4.5% to 4.6% for the three months to June 2024, according to Incomes Data Research (IDR).Its latest analysis, based on a sample of 227 pay awards between 1 April and 30 June covering more than 1.9 million employees, also found ...
-
ArticleThe top 10 most read articles between 26 July - 1 August 2024
The top 10 most read articles between 26 July - 1 August 2024 on employeebenefits.co.uk were: National living wage to increase in line with median earningsCentral Co-op introduces new financial wellbeing benefitJunior doctors agree 22% pay dealCourt of Appeal upholds High Court ruling on Virgin Media pension schemeReeves confirms public ...
-
ArticleHong Kong and Israel award Olympic athletes the biggest bonuses
Credit: Hethers / Shutterstock.comSomething for the weekend: Most people have been glued to their televisions watching the Paris 2024 Olympics for the past few days, marvelling at the talent of the athletes. It turns out that some of them don’t just come home with medals, but with special bonuses as ...
-
ArticleVirgin Hotels Collection appoints chief people officer
Virgin Hotels Collection has appointed Johanna Kent chief people officer.Kent joins the executive team with more than 27 years of experience. Her appointment is part of Virgin Hotels Collection’s commitment to attracting top talent and fostering innovation within the hospitality industry.She has cultivated employee experiences and achieved goals in talent ...
-
ArticleEquality watchdog names six employers that have not reported gender pay gap data
Defence and security technology firm Ultra Electronics and Norchem Healthcare have been named as some of the employers that have missed deadlines to report their 2023-2024 gender pay gap data.Private sector organisations across Britain and English public bodies with 250 or more employees are legally required to publish their gender ...
-
ArticleMoog completes £25 million pensions buy-in
Moog, a motion control solutions supplier, has completed a £25 million pensions buy-in for its retirement benefits plan.The buy-in transaction, which was completed in partnership with Just Group and Gallagher, secures the benefits of 28 deferred members and 139 current pensioner members.Gallagher worked with the trustees to monitor the affordability ...
-
ArticleAir Partner receives further disability confident employer accreditation
Aviation services group Air Partner has been awarded the disability confident employer level two accreditation in recognition of its work on diversity, equity, inclusion and belonging.The Disability Confident scheme, which was introduced by the UK government in 2013, aims to support employers to engage the talents of disabled people within ...
-
OpinionPatrick Glencross: Reforms to employee holiday rights
Calculating annual leave and holiday pay for employees can be challenging, particularly for those who work irregular hours. The government has this year introduced significant changes to simplify the rules on holiday rights as part of its reforms to a range of employment rights that have developed from years of ...
-
AnalysisSupporting the mental health needs of today’s workforce
In order to implement appropriate mental wellbeing support, employers first need to understand their workforce’s needs.The way in which employers offer mental health assistance has changed, as interventions and services have become embedded in initiatives.More frequent chances for employees to speak about pressures they face can provide another approach to ...
-
Case StudiesMony Group prioritises mental health with a range of wellbeing support
Technology-led savings platform Mony Group prioritises mental health and has a wide range of offerings to support its 630 employees’ wellbeing.The group owns comparison sites Moneysupermarket, Travelsupermarket and Icelolly, as well as consumer finance website Money Saving Expert and Quidco.Support for staff includes free membership to the Headspace app for ...
-
Case StudiesSevern Trent Services supports mental wellbeing through advice and apps
Severn Trent Services addresses its employees’ need for mental and emotional wellbeing support by offering access to specialist advice along with signposting to relevant resources. The organisation, which is part of water and wastewater services supplier Severn Trent Water Group, employs 389 members of staff. In terms ...
-
ArticleCourt of Appeal upholds High Court ruling on Virgin Media pension scheme
The Court of Appeal has upheld the High Court’s ruling that a written actuarial confirmation was required where an alteration to the Virgin Media scheme’s rules affected pension benefits for past or future service benefits.This was in relation to section 9(2B) contracted-out rights and was based on the relevant legislation ...
-
ArticleReassured appoints new chief people officer
Life insurance broker Reassured has appointed Zoe Odusina as its new chief people officer as part of its corporate commitment to further growth plans.Odusina will report to Mark Townsend, chief executive officer (CEO), and will be a member of the senior leadership team. She will be responsible for the oversight ...