Cost of living drives employees out of workplace pension
The cost of living is driving people out of their workplace pension, with more than a quarter (26%) of large employers in the UK reporting an increase in the...
Read moreDetailsThe cost of living is driving people out of their workplace pension, with more than a quarter (26%) of large employers in the UK reporting an increase in the...
Read moreDetailsMaking Space has increased employees’ pay packets by 10% as part of its commitment to give workers the real living wage. The adult health and social care charity, which...
Read moreDetailsUnderstanding investments and keeping employees financially focused on their workplace pensions are among the ongoing challenges for today’s employers. Benefits Expert gathered together industry experts to discuss the key...
Read moreDetailsThe Pensions Regulator (TPR) has authorised the Royal Mail Collective Pension Plan, the first collective defined contribution (CDC) pension scheme in the UK. The Pension Schemes Act 2021 established...
Read moreDetailsFinancially vulnerable employees under 40 could stop contributing to their workplace pensions, potentially leading to a “pensions time bomb” of almost £4 billion, Outra has warned. The data science...
Read moreDetailsPart-time workers could face a pension penalty of up to £119,000, a new analysis has revealed. The study carried out by Standard Life found that full-time employees earning £25,000...
Read moreDetailsTwo-thirds of companies now expect pension scheme investments to include environmental, social and governance (ESG) criteria according to new research from Buck. This represents a huge shift in attitudes...
Read moreDetailsSingle mothers have missed out on more than £852 million in pension contributions since 2012 because they are “locked out” of auto-enrolment (AE). Research carried out by NOW: Pensions...
Read moreDetailsJeremy Hunt has abolished the lifetime allowance in today’s Budget, as part of a range of measures designed to keep older employees in the workforce. The lifetime allowance, which...
Read moreDetailsThe gender pension gap currently sits at 40.5% for 2020–21, almost unchanged from the initial estimate made half a decade ago, and represents an annual shortfall of £7,100 on...
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Seasoned professionals examine the challenges and innovations in today’s employee benefits, reward and HR sector. Every episode, they will unbox a key issue and unpack what it really means for employers and how they can tackle it.
The regulars are Claire Churchard, editor of Benefits Expert; Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, consultant and rewards & benefits veteran.
As the professionals responsible for helping their organisations navigate NI hikes, rising employee stress levels and looming redundancies, the pressure on HR, reward and benefits teams has never been greater.
HR is expected to lead with strength and compassion. But who is supporting the supporters?
In this episode of Benefits Unboxed, co-hosts Claire Churchard, Carole Goldsmith and Steve Herbert explore the emotional and ethical pressures HR face today, from managing redundancies to implementing complex legislation. They discuss why HR’s own wellbeing may not be the first topic of conversation, the risks that poses to employers, and the practical steps businesses can take to better support the wellbeing of the people who support everyone else.
This conversation shines a light on the resilience of the profession and why looking after HR is not just the right thing to do, but a business imperative.