All articles by Zoe Wickens – Page 73
-
ArticleSiemens Gamesa Renewable Energy staff in Hull accept 8.4% pay deal
Credit: NestorMN / Shutterstock.comAround 300 Siemens Gamesa Renewable Energy wind turbine workers in Hull have accepted a pay deal worth 8.4%, ending an ongoing dispute.The employees, who construct 108-metre-long wind turbine blades by hand, are members of trade union Unite. A total of 93% voted to accept the two-year pay ...
-
ArticleOne in three employers do not offer financial advice as a benefit
One in three (34%) UK organisations admitted they do not offer financial advice, increasing to 51% of employers with fewer than 500 employees, according to new research by Close Brothers’ Workplace Financial Wellbeing Service. The research was carried out among 503 employers with 200 or more UK ...
-
Article95% do not think one week of unpaid carer’s leave per year goes far enough
Employee Benefits poll: The majority (95%) of organisations do not think the introduction of one week of unpaid carer’s leave per year goes far enough to support employees, according to a survey of Employee Benefits readers. Meanwhile, just 5% of respondents were unsure if one week of ...
-
AnalysisWhat impact do charity initiatives have on employee engagement and motivation?
Employers should offer a variety of charity and volunteering initiatives and seek feedback on causes that are close to employees’ hearts. An organisation that is seen to be making a difference in the world can be attractive to current and potential staff. Monitoring participation levels and ...
-
Case StudiesUK Power Networks sees improved staff engagement through charity initiatives
UK Power Networks offers a range of charity initiatives to its around 6,000 operational and office-based employees to boost their engagement and motivation. The organisation owns and maintains cables and substations which deliver electricity across London, the south east and east of England, serving 20 million people. ...
-
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 ...