UK real living wage rise to £12 per hour “a lifeline”
The UK real living wage has risen to £12 per hour, with a new rate of £13.15 effective in London. According to the Living Wage Foundation which set the...
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Financial wellbeing
Employee ownership beneficial for employees, study finds
Employee-owned businesses (EOBs) offer staff more pay and benefits than other companies, new research has revealed. The Exploring the potential of the employee ownership business model report highlighted that...
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Made to measure: A tailored approach to benefits communications
Communication is widely recognised as a critical part of the process of ensuring staff engage with benefits. How this is done will vary by employer, sector and the demographics...
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UK’s retirement income system ranks tenth in global index
The UK’s retirement income system has ranted tenth in a global index comparing 47 countries globally. The Mercer CFA Institute Global Pension Index 2023 revealed Netherlands topped the list,...
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Quarter of employees unaware of workplace pension contributions
One in four people don’t know what contributions are being paid into their workplace pension, new research has found. This number includes those who are unsure about their own...
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Pension most important employee benefit, survey shows
Pensions top the list of workplace benefits that employees think are important, with 90% claiming they would influence their decision about whether to move jobs. Research by Penfold found...
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92% believe employers should provide cost-of-living support
The vast majority (92%) of UK employees think organisations should support staff with the cost of living, according to a new study. Research by Town & City Gift Cards,...
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Ethnicity pay gap reporting rises by 14%
The number of employers reporting their ethnicity pay gap has risen by 14% since 2022, according to new findings. This year’s Race at Work Charter survey revealed that 44%...
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Boots raises pay rates for pharmacists by 5%
Boots has agreed to give its pharmacists a 5% pay rise from 1 November, followed by a one-off bonus payment in August 2024. The company and Pharmacists’ Defence Association...
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Employees want more wellbeing benefits, study shows
Wellbeing benefits are becoming increasingly popular among employees, with 83% of businesses reporting an increase in demand for them. As a result, more than seven in 10 (71%) of...
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BENEFITS UNBOXED PODCAST
Benefits Unboxed
The podcast from Benefits Expert, the title for HR, reward and benefits professionals.
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.
The US DEI Rollback: What It Means for UK Employers
The US retreat from diversity, equality and inclusion (DEI) is making waves far beyond the country's borders. In the wake of President Trump’s executive order abolishing DEI across federal government departments, global firms like Goldman Sachs and Accenture have rapidly dialled down their own efforts.
The influence is being felt in the UK too. However, the UK operates under a different legal framework. It has stronger workplace protections and a government actively looking to enhance employee rights through its Make Work Pay agenda. But as US firms reposition their approach to DEI, UK subsidiaries could find themselves caught between conflicting priorities.
In the latest Benefits Unboxed podcast, co-hosts Claire Churchard, editor of Benefits Expert, Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, industry veteran and reward and benefits consultant, discuss how the US DEI rollback might impact UK businesses.
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