All articles by Zoe Wickens – Page 95
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Article70% of employers have global minimum standard for benefits
Almost three-quarters (70%) of employers have a global minimum standard for their employee benefits, according to research by global advisory firm Willis Towers Watson (WTW). Its Priorities for employee benefits: a global HQ perspective survey found this figure was almost double the 36% of respondents which said ...
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ArticleDWP publishes updated occupational pension schemes regulations
The Department of Work and Pensions (DWP) has published the final version of the Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2024 and a consultation response.It has outlined what is required of defined benefit (DB) pension schemes in funding, investment strategy revisions are clearer on the flexibilities ...
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Article41% of employers have a dedicated carer’s leave policy
Employee Benefits poll: Two-fifths (41%) of organisations have a dedicated carer’s leave policy, according to a survey of Employee Benefits readers. Almost one-third (31%) of respondents said that they do not have a dedicated carer’s leave policy, with 28% stating that they do not have one but ...
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Poll: Do you think the pots-for-life plan will increase employees’ engagement with their pensions?
Take part in our latest readers’ poll on a current topical issue. Last November, Employee Benefits reported that Chancellor of the Exchequer Jeremy Hunt announced plans to offer a pension pot for life in the Autumn Statement 2023.Employees will have a legal right to require a new employer to pay ...
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ArticleChildbase Partnership introduces 20 extra paid days off for staff
Nursery care provider Childbase Partnership has implemented 20 extra paid days off a year for its 2,300 employees as of this month.Known as Partnership reward days, the initiative is based on contracted hours worked in the previous three months and will enable full-time staff to be able to take up ...
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ArticleUniversity of Gloucestershire reports 12.37% mean gender pay gap
University of Gloucestershire has reported a 12.37% mean gender pay gap for 2023.Females at the university are paid on average £21.06 per hour, while males receive £24.03 per hour.Its 2023 median gender pay gap was 7.59%, with women paid on average £20.44 per hour and men paid £22.12 per hour.The ...
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ArticleTribunal rules in favour of Tayside Aviation staff in redundancy case
An employment tribunal has ruled that Tayside Aviation failed to follow correct redundancy procedures as it entered administration last year.The Dundee flight school gathered a group of 22 employees who were on the premises in a conference room for a meeting on 20 April last year. Tayside Aviation’s previous finance ...
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ArticleTMS hires Preet Michelson as chief people officer
Global technology, marketing and sourcing firm TMS has appointed Preet Michelson as its new chief people officer.Michelson will join TMS’ global leadership team and report directly to president Mark Landolt. In her new role, she will lead TMS’ global people strategy and oversee its global talent acquisition, development, and retention ...
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ArticleChipotle Mexican Grill introduces financial and mental wellbeing benefits
Credit: Anne Czichos / Shutterstock.comRestaurant chain Chipotle Mexican Grill has introduced enhanced financial and mental wellbeing benefits for more than 110,000 employees.These include a SupportLinc employee assistance programme, supplied by by CuraLinc Healthcare, which includes six free sessions with a licensed counsellor or mental health coach, as well as access ...
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ArticleUniversity of Leeds to increase pay for 1,300 employees
Credit: PoohFotoz / Shutterstock.comThe University of Leeds is to increase pay for more than 1,300 employees from 1 February.Employees on its pay grades two, three and four will be moved up at least one pay spine point. Those on pay grade two will earn a minimum of £12 an hour, ...
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ArticleEmployers increase ESG measures in executive pay programmes
Employers have continued to increase the role of environmental, social and governance (ESG) measures in executive pay and incentive programmes, across markets according to a global study by Willis Towers Watson (WTW). The global advisory firm surveyed 1,146 firms listed in nine major European indices, 500 US ...
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ArticleThe top 10 most-read articles between 19 - 25 January 2024
The top 10 most-read articles on employeebenefits.co.uk between 19 - 25 January 2024 were: Lidl GB gives pay rise to 26,000 hourly-paid employeesFCA manager loses full-time work from home claimMitie, The Perfume Shop and NFU Mutual UK certified as UK top employersLloyds Banking Group reports 5.7% mean ethnicity pay gapEngineering ...
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ArticleDPD disables AI online chatbot after it criticises service to a customer
Something for the weekend: Parcel delivery business DPD has had to disable its artificial intelligence (AI) online chatbot after a customer figured out how to make it swear and write negative poems about its service. If you have ever felt demotivated or unengaged at work, then do not worry, because ...
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ArticlePandora UK and Ireland gives retail employees one-off bonus
Jewellry brand Pandora has awarded its 2,600 retail employees across UK and Ireland a one-off bonus, following its 2023 financial results.The organisation will pay out bonus payments starting at £100, which will increase depending on employees’ roles. The bonus is in addition to their existing monthly sales incentive programme.The bonus, ...
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ArticleHolmes Miller transitions to nine-day working fortnight
Architecture firm Holmes Miller has moved to a nine-day fortnight with a contracted hours reduction and no loss of pay, following a successful trial.Before formally adopting this format from this month, the firm held a three-month trial to test and refine the policy. This was to ensure it would not ...
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ArticleNDA receives menopause-friendly accreditation
Nuclear Decommissioning Authority (NDA) has achieved menopause-friendly employer accreditation in recognition of its support for employees affected by the menopause.The accreditation, which was established by Henpicked: Menopause In The Workplace, recognises high standards and workplace practices that embrace the condition. Employers are assessed and must demonstrate evidence of their support ...
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ArticlePolice Digital Service hires new director of people services
Police Digital Service, responsible for enabling UK policing to safely harness technology to improve public safety, has appointed Kath Stephenson director of people services.Formerly head of people and culture at HF Holidays, Stephenson joined the service in September 2022 as head of HR, and played a role in developing the ...
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ArticleHenkel implements paid global gender neutral parental leave
Chemicals firm Henkel has introduced fully paid gender neutral parental leave for its 50,000 employees worldwide.The firm’s employees in 80 countries will have the opportunity to take up to eight weeks of fully paid parental leave. The length of the leave is based on the caregiver role as opposed to ...
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ArticleLloyds Banking Group reports 5.7% mean ethnicity pay gap
Credit: William Barton / Shutterstock.comLloyds Banking Group has reported a 5.7% mean ethnicity pay gap for 2023, which is a 1% increase on its 2022 figure.The group’s median ethnicity pay gap was 12.5%, remaining the same as 2022’s figure. Its mean ethnicity bonus gap was 29.2%, which is 17.1% higher ...