All articles by Zoe Wickens – Page 207
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ArticleReuters agrees to £310 million pension buy-in
Reuters, an international news organisation owned by Thomson Reuters, has announced that it has agreed to a £310 million full-scheme buy-in transaction for its supplementary pension scheme.The transaction was the agency’s first with financial services company Legal and General Assurance Society, otherwise known as Legal and General, and involved the ...
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ArticleThe top 10 most-read articles between 12 November – 18 November 2021
The top 10 most-read stories on employeebenefits.co.uk between 12 November – 18 November 2021 were: Centrica introduces electric car salary sacrifice schemeLidl gives pay rise to 21,000 employeesUniversity of Lincoln wins Grand Prix at Employee Benefits Awards 2021 What are employees looking for in the employee experience of the future?Train ...
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Article54% of young staff would quit over no hybrid working
More than half (54%) of employees aged 18-34 years old said they would likely quit if the organisation they work for stopped offering remote or hybrid working, according to a new survey.Employee benefits provider Unum UK conducted research into attitudes to work and employee support in order to find out ...
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ArticleTrentbarton gives 1,000 employees wage rise
Nottinghamshire bus company Trentbarton has announced that it will be giving its 1,000 members of staff an extra pay rise on top of their annual raise.The additional wage increase will take effect from the end of January 2022 and will result in most drivers receiving an hourly rate of between ...
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Article25% of UK workplaces are transparent about pay
Just one in four full-time UK employees strongly agree that their workplace is transparent about pay, according to new research.Glassdoor, which provides insights into jobs and companies, surveyed 2,042 UK employees and has published its findings today on Equal Pay Day (18 November). This is the day on which women ...
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ArticleStitch Fix hires new chief people and culture officer
Online personalised shopping experience service Stitch Fix has appointed Linda Aiello as its new chief people and culture officer as of 15 November (Monday).In her new role, Aiello will report to Stitch Fix’s CEO Elizabeth Spaulding and will lead the people and culture teams across both the US and the ...
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ArticleLidl gives pay rise to 21,000 employees
Supermarket chain Lidl has announced pay rises from March 2022, which will benefit more than 21,000 staff and 80% of its workforce.Equating to a wage increase of more than 6% for some, minimum pay for employees across the UK is set to go up to £10.10 an hour from £9.50, ...
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ArticleUniversity staff to strike in pensions and pay dispute
Lecturers at as many as 58 UK universities will take part in strike action on 1-3 December in a row over pensions, pay and working conditions.According to the University and College Union (UCU), some staff are striking because of the Universities Superannuation Scheme pension fund, which was put into place ...
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ArticleABL Alliance staff to protest over pay row
Workers at a nuclear naval base in Scotland have announced that they will take industrial action against their employer due to a dispute over pay.The staff are employed by the ABL Alliance, which is a co-operation between AWE, Babcock Marine and Lockheed Martin UK Strategic Systems, provides engineering, maintenance and ...
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Article37% of female staff do not have workplace pension
New data has revealed that 37% of female employees do not have a workplace pension, compared to 32% of men.Pensions consultancy Barnett Waddingham’s research was compiled based on responses from 2,002 UK working adults, of which 1,022 were women. It found that females are lagging behind men on workplace pensions, ...
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Article20% of staff would choose a remote job
Just one in five UK employees would look for a fully remote job as opposed to 51% who prefer a hybrid environment, where they have the flexibility to choose daily whether to work from home or the office.Hybrid workforce scheduling app Schej carried out research among UK employees and managers ...
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OpinionKirsty Pake: How to solve a problem like pension scams
To quote the Department of Work and Pensions: “pension scams are a menace”. Until now, trustees’ hands were tied where a member had a statutory right to transfer their benefits and, even in cases where the receiving arrangement appeared to be a scam, they were obliged to make the transfer.Regulations ...
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ArticlePandemic influenced gender pay gap reporting and results
The gender pay gap narrowed very slightly among companies that reported for 2020/21, with those reporting in the latter half of this year influencing overall trends.Consulting firm PricewaterhouseCoopers (PWC)’s review of figures submitted this year – when the deadline was extended to 5 October – showed that there was a ...
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ArticleCentrica introduces electric car salary sacrifice scheme
Energy services business Centrica has launched a fully electric salary sacrifice company car lease scheme for its more than 25,000 employees.The company, which has nearly 700 Vauxhall Vivaro-e British Gas vans for engineers and 3,000 set to be delivered by the end of 2022, is operating the provision through salary ...
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Article47% of staff worry about their work-life balance
New research has revealed that almost half (47%) of employees are worried about maintaining a work-life balance after returning to the office.Software and service business Advanced spoke to 1,058 employees in decision making roles working in UK organisations in the UK for its 2021 Workforce trends survey, and found that ...
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ArticlePoll: 57% of employers agree with NMW rise
Employee Benefits poll: Almost six in 10 (57%) organisations agree with the new national minimum wage (NMW) rate that was announced in the Autumn Budget last month (October).According to Employee Benefits’ latest research, 29% believed that the increase should have been more and 9% think it should have been less ...
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ArticleEXCLUSIVE: 39% of employers say men wait to discuss health
Two-fifths (39%) of employers admitted that their male employees wait until a health problem becomes severe before talking to their line manager or HR department.Digital health platform Peppy spoke to 504 HR decision makers and discovered that 37% said that one of the main issues when trying to manage men’s ...
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Case StudiesUniversity Hospitals of Northamptonshire group supports staff experience
The University Hospitals of Northamptonshire NHS Group, which includes both Kettering and Northampton General Hospitals, employs around 10,000 members of staff who work within the group model.The group has many initiatives and benefits that help to improve the employee experience just by being part of the healthcare sector.Mark Smith, chief ...
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AnalysisWhat are employees looking for in the employee experience of the future?
A better employee experience, one that considers the whole person who comes to work every day, is the way employers will beat the competition.Pay and benefits are an important combination. In isolation they will always motivate, but together an employer can craft a unique and compelling proposition that brings the ...
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OpinionRebecca Florisson: What managers can do to make hybrid working inclusive?
Many employers and employees have experienced first-hand both the joys of enhanced flexibility remote working affords and the lack of a commute against pressures on wellbeing resulting from the feeling of living at the office and being unable to disconnect.With the return to the office now well underway, many employers ...