Compensation & Benefits - Page 40

Employer-provided health schemes critical as demand surges, says ABI report

A new ABI report reveals that 75% of those using health services via insurance in 2022 did so through employer-provided schemes, highlighting the critical role of workplace health benefits.

07/05/2024

Compensation & Benefits·News

Chinese state accused of hacking UK Ministry of Defence personnel system

The UK Ministry of Defence has been hit by a cyberattack, allegedly by the Chinese state, compromising personal data of service personnel. Defence Secretary Grant Shapps will outline protective measures in response to the breach.

07/05/2024

Compensation & Benefits·Featured·News·Technology

Benefits Guru reveals ‘financial wellness ratings’ for workplace pension providers

Among the six providers rated at present, Scottish Widows has improved from a Silver award in 2023 to a Gold award this year.

02/05/2024

Compensation & Benefits·Featured·News

UK freelancers face challenges amid economic instability and IR35 changes

Economic challenges and IR35 regulations have dampened the confidence of UK freelancers, with a significant number exploring full-time employment options as business opportunities slow down.

01/05/2024

Compensation & Benefits·News·Recruitment & HR·Talent Acquisition

Health and wellbeing increasingly pivotal in UK employment landscape

Debra Clark, head of wellbeing at Towergate Health & Protection, emphasised the changing dynamics: “The research confirms something of which we have long since been aware: that salary alone is no longer enough to attract and retain the best talent."

30/04/2024

Compensation & Benefits·Health & Wellbeing·News·Recruitment & HR

Pension shortfall looms for workers leaving the workforce early

Exiting the workforce early could reduce one’s pension by up to £150,000, warns Standard Life.

30/04/2024

Compensation & Benefits·News·Recruitment & HR

Workers at Glasgow Airport secure major wage deal

The new deal includes a 10.9% wage increase to £12.20 per hour, which is 20 pence above the real living wage.

30/04/2024

Compensation & Benefits·Employee Relations·News

Muslim Aid accredited as a Living Wage Employer

Zakya Hussain, head of people & culture and services at Muslim Aid, said: "Paying the Real Living Wage is a commitment to existing and future employees that working for us means that they’re part of an organisation that lives by its values and treats people well, ensuring they will earn a good living for themselves and their families as well as doing good for others in society.”

29/04/2024

Compensation & Benefits·News

UK Government introduces new online service for National Insurance payments

Government launches an online NI payment service to simplify securing full State Pension entitlements.

29/04/2024

Compensation & Benefits·News

Cost drives UK business decisions on employee benefits despite ongoing commitment

New REBA and Howden research shows UK businesses prioritize cost-effective employee benefits, with plans to enhance pensions and financial wellbeing despite economic pressures.

29/04/2024

Compensation & Benefits·Health & Wellbeing·News

UK HR leaders doubt effectiveness of workplace benefits

HR leaders in the UK report that current employee benefits are not resonating with staff, indicating a need for more impactful and accessible perks.

29/04/2024

Compensation & Benefits·Employee Relations·News·Recruitment & HR

Fire service personnel offered pay rise and enhanced benefits in new deal

Firefighters and control staff receive offer for increased pay and benefits, with union leaders urging acceptance.

29/04/2024

Compensation & Benefits·Employee Relations·News

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Compensation & Benefits - Page 40

Employer-provided health schemes critical as demand surges, says ABI report

Chinese state accused of hacking UK Ministry of Defence personnel system

Benefits Guru reveals ‘financial wellness ratings’ for workplace pension providers

UK freelancers face challenges amid economic instability and IR35 changes

Health and wellbeing increasingly pivotal in UK employment landscape

Pension shortfall looms for workers leaving the workforce early

Workers at Glasgow Airport secure major wage deal

Muslim Aid accredited as a Living Wage Employer

UK Government introduces new online service for National Insurance payments

Cost drives UK business decisions on employee benefits despite ongoing commitment

UK HR leaders doubt effectiveness of workplace benefits

Fire service personnel offered pay rise and enhanced benefits in new deal

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