Group risk market thrives despite cost-of-living crisis
UK group risk market premiums reached a record high in 2022, exceeding £3 billion for the first time, according to Swiss Re. Swiss Re’s Group Watch report revealed an...
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Financial wellbeing
Superdrug and Savers roll out new wellbeing benefits
Superdrug and Savers are rolling out a host of wellbeing benefits throughout the year to support employees financially through the cost-of-living crisis. The brands, which are part of the...
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Atradius gives employees second cost-of-living payment in six months
Atradius is giving employees a £2,000 cost-of-living payment, following on from a £1,600 pay-out last October. The Cardiff, UK-based trade credit insurance company, which employs 426 workers in the...
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Huge rise in employers offering household bills support, study finds
The number of job advertisements offering support with household bills was 68 times more in 2022 than in 2021, according to new data. Research carried out by Totaljobs found...
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Two in three women in their 50s unaware of pension savings
Two-thirds of women aged between 50 and 59 admit that they are unsure of their retirement savings balance, according to new research from TPT Retirement Solutions. Around 51% of males...
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SLC Rail launches financial support to enhance cost-of-living benefits
SLC Rail has introduced financial wellbeing support for its 80-plus employees nationally as part of a new cost-of-living benefits package. The Birmingham, UK-based rail consultancy firm is offering staff...
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Minimum wage rise not enough, says TUC
The minimum wage increases which come into effect this weekend are not enough to “lift the pressure” on working families, according to the TUC. From 1 April 2023, the...
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Cost of living: Creative thinking in a crisis
While news of interest rates rising to 4.25% may curtail soaring prices, it could also mean that people struggle more to afford to everyday financial products. And the fact...
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Amazon UK staff to get pay boost
Amazon operations staff in the UK are in line for a pay rise from next month (April), the online retailer has announced. Depending on location, minimum hourly rates will...
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Currys staff set for fourth pay increase in 18 months
Currys employees in the UK are set to receive their fourth pay rise in 18 months effective from 1 April, the technology retailer has announced. Nearly 10,000 staff members...
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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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GUIDE TO CASH PLANS
