Employee Benefits

FEBRUARY 17, 2023

Bank of Ireland has implemented enhanced family friendly policies and support for its 9,000 employees, as of this week. The bank also made all family leave policies day-one entitlements, and launched a Family Matters Handbook, illustrating key supports and benefits available depending on the employee’s journey.

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Banking Parental Leave Paid Leave Employee Benefits 59

Employee Benefits

OCTOBER 16, 2023

The Co-Operative Bank has introduced free period products to its UK sites in order to break down the stigma that surrounds periods. As part of a new partnership with sustainable period product business Grace and Green, employees at the bank will be able to access free period products throughout all its UK branches.

Banking 59

Banking Paid Leave Parental Leave Pension 59

Employee Benefits

APRIL 26, 2023

Credit: shawnwil23 / Shutterstock.com Allied Irish Banks (AIB) has expanded its support for employees experiencing domestic violence, as part of its commitment to provide a safe and supportive work environment. Over the past year, AIB enhanced its family leave policies to improve work-life balance for its working parents.

Banking 59

Banking Parental Leave Paid Leave Salary 59

Employee Benefits

SEPTEMBER 19, 2023

US banking organisation First National Bank, holiday property rental business Airbnb and American Airlines have been named as America’s Greatest Workplaces for Parents and Families 2023. Congratulations to these employers and the families they support.”

Banking 59

Banking Parental Leave Education Employment 59

Employee Benefits

FEBRUARY 9, 2023

Lloyds Banking Group has won the overall top employer award at WM People’s 2023 Top Employer Awards, as well as the award for best employer for older workers and best for flexible working. The post Lloyds Banking Group scoops top prize at 2023 Top Employer Awards appeared first on Employee Benefits.

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Banking Employment Parental Leave Software 75

Employee Benefits

MARCH 15, 2024

The top 10 most-read articles on employeebenefits.co.uk mean gender pay gap for 2023 Netflix UK, Writers’ Guild of Great Britain and Personal Managers’ Association agree pay deal Cadent reports 7.89% mean gender pay gap for 2023 The post The top 10 most-read articles between 8 – 14 March 2024 appeared first on Employee Benefits.

Parental Leave 59

Parental Leave Banking Employee Benefits Management 59

Employee Benefits

OCTOBER 27, 2023

Audit, tax and advisory firm Grant Thornton, EY, Bank of America and financial services business KPMG have been named among 2023’s 100 Best Companies by Seramount. Subha V Barry, president of Seramount, added: “Our 100 Best Companies are going the extra mile to create inclusive work environments for their parents and caregivers.

Parental Leave 59

Parental Leave Banking Professional Services Taxes 59

Employee Benefits

AUGUST 25, 2023

Employment law states that these include pregnancy, childbirth, maternity leave adoption leave, shared parental leave, parental leave, paternity leave and parental bereavement leave.

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Parental Leave Banking Employment Employee Benefits 98

Employee Benefits

NOVEMBER 17, 2023

The top 10 most-read articles on employeebenefits.co.uk year-on-year The post The top 10 most-read articles between 10 – 16 November 2023 appeared first on Employee Benefits.

Parental Leave 59

Parental Leave Pension Banking Insurance 59

Employee Benefits

JANUARY 19, 2023

Expecting a baby and planning maternity or parental leave is an exciting time, but it is also important to consider the financial impact that a new arrival can bring. As the cost of living crisis continues, it is now more important than ever that new parents understand how their finances will be affected and what actions they can take.

Finance 105

Finance Parental Leave Pension Salary 105

Employee Benefits

OCTOBER 27, 2023

Allied Irish Banks (AIB) is to introduce healthcare benefits and a bonus worth up to €12,700 for all employees. The bank is introducing the benefits in recognition of the contribution employees have made in supporting its customers and putting it on a long-term sustainable footing.

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Healthcare Benefits Bonuses Healthcare Paid Leave 59

Employee Benefits

DECEMBER 14, 2023

Work-life balance or family-friendly policies Enhanced parental leave. Holidays 25 per year plus bank holidays. All mangers are trained in mental health first aid. Yoga classes. Free gym membership. Financial awareness training. Flexible working. Thank you days (four per year) and birthday off.

Parental Leave 59

Parental Leave Pension Banking Medical 59

InterWest Insurance Services

MAY 11, 2023

Besides offering an EAP, there are other benefits that you can extend to your workers that can help them better deal with the ordeals of life and work, including: Parental leave — Becoming a new parent is extremely stressful. Paid time off — PTO combines sick leave and vacation time.

Family and Medical Leave Act 98

Family and Medical Leave Act Employment Parental Leave Out of Pocket Cost 98

Employee Benefits

SEPTEMBER 15, 2023

The top 10 most-read articles on employeebenefits.co.uk

Parental Leave 59

Parental Leave Benefits Package Banking Government 59

Workplace Insight

APRIL 28, 2022

Catherine Mann, a Bank of England policymaker, warned that women who work mostly from home risk hurting their careers and getting caught in a “she-cession” as more men are returning to office working post-pandemic. Women working from home. Such gender imbalances risk exacerbating the gender gap.

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Work From Home Parental Leave Government Banking 98

Employee Benefits

APRIL 25, 2023

The retailer will purchase hours of support, which will be banked to be used by employees as and when needed. The app, which has a vetting process that includes DBS checks and interviews, has video call and message services and will support those with children and aging parents to balance their work.

Parental Leave 59

Parental Leave Retail Banking Employee Benefits 59

Employee Benefits

JANUARY 25, 2022

Earlier this month global technology firm Wise announced new leave policies for all of its 3,000 employees across the world. All workers who have been at the organisation for more than one year will have access to 18 fully-paid weeks of parental leave for birth or adoption.

Paid Sick Leave 105

Paid Sick Leave Parental Leave Retail Banking 105

Employee Benefits

APRIL 21, 2023

It was praised for its education and skills training, and its benefits package that includes health insurance from an employee’s first day, a 401(k) plan, up to 20 weeks of paid parental leave and free mental health support.

401(k) 59

401(k) Employment Parental Leave Benefits Package 59

Employee Benefits

JULY 19, 2023

Enhanced parental leave including maternity, paternity, and adoption. Holidays 33 days holiday a year, including bank holidays, as standard. Group life assurance, employer paid. Family friendly and work-life balance Return-to-work incentive payment. Fertility treatment policy including time off for treatment.

Parental Leave 40

Parental Leave Voluntary Benefits Pension Retirement Plan 40

HR Digest

MAY 19, 2021

Bank of America on Tuesday announced it was increasing its minimum wage to $26 an hour by 2025, according to chief executive Brian Moynihan. This isn’t the first time the American multinational investment bank and financial services has raised wages. In 2017, BoA raised its minimum wage to $15 an hour.

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401(k) Banking Employment Parental Leave 52

Employee Benefits

JANUARY 26, 2022

Enhanced maternity/shared parental leave pay. 27 days per year plus bank holidays. Work/life balance or family-friendly policies. Smart Working policy allows employees to work whenever to balance business and personal needs. Hybrid location working very common throughout. Flexible working culture.

Pension 59

Pension Parental Leave Salary Deductions 59

Professionals Alternative

MARCH 12, 2024

This industry encompasses a wide range of businesses, including banks, investment firms, insurance companies, and accounting firms. Understanding the Financial Services Sector Before diving into accounting recruiting strategies, it is essential to have a solid understanding of the financial services sector.

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Finance Recruitment Parental Leave Employee Loyalty 52

Employee Benefits

AUGUST 8, 2023

For instance, an individual working a five-day week is entitled to 28 paid leave days annually (equivalent to 5.6 Including public or bank holidays in this count is at the discretion of the employer. This includes: Maternity: Entails mandatory leave, regular maternity leave, and shared parental leave.

Pension 52

Pension Paid Leave Parental Leave Voluntary Benefits 52

cipHR

MARCH 27, 2023

B: BACS BACS is a body run by UK banks, and stands for ‘Bankers Automated Clearing Service’. It is a three-day process which enables funds to be transferred from one UK bank account to another. Some employers offer enhanced parental leave pay. P: P45 A form given to employees by their employer when they stop their employment.

Payroll 52

Payroll Outsourcing Payroll Payroll Software Family and Medical Leave Act 52

Global People Strategist

JULY 6, 2022

These entitlements include up to 17 weeks of unpaid leave and up to 52 weeks of job-protected leave. Mothers who are eligible for maternity leave are also entitled to up to 35 weeks of parental leave, which can be taken either all at once or in two separate periods. Final Thoughts.

Parental Leave 52

Parental Leave IT Banking Insurance 52

HR Bartender

JANUARY 8, 2017

But smart companies are shifting those funds toward other benefits like wellness programs, student loan repayment programs , and parental leave (just to name a few.) Employees with an existing bank of vacation will want to know what’s going to happen to their existing vacation time. Be prepared to answer the question upfront.

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PTO Parental Leave Banking Management 122

Winston Benefits

DECEMBER 5, 2017

Paid Parental Leave. As parental leave grows in popularity, tech companies are leading the way in offering generous packages. Netflix offers one year of paid leave for both mothers and fathers; they also have the opportunity to return part time or full time during that year if they wish.

Employee Benefits 49

Employee Benefits Parental Leave Paid Leave Banking 49

HR Bartender

MAY 1, 2018

million a year because no more accrued days are banked, so whatever money it formerly paid departing employees goes directly to the bottom-line. So, in addition to offering an open vacation policy, we increased parental leave and added up to $3000 to help offset the cost of adoption.

401(k) 110

401(k) Parental Leave Paid Vacation PTO 110

Employee Benefits

DECEMBER 14, 2022

Employers are well placed to provide this support and there are multiple options that won’t break the bank but might just make their employees’ Christmas. There is also movement in organisations’ diversity, equity and inclusion approaches, with fewer offering statutory-only shared parental leave compared to last year.

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Pension Parental Leave Healthcare Government 64

Achievers

MARCH 30, 2021

Do you have amazing fringe benefits like monthly massages, onsite fitness centers, or generous parental leave policies? Give your employees options depending on how they want to grow, and remember, it’s possible to encourage development in targeted ways without breaking the bank.

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Employee Retention Parental Leave Education Recruitment 260

Hppy

JULY 28, 2022

Fortunately, there are some ways that you can attract and retain talented employees without breaking the bank. Parental leave and support returning to work. Pregnancy and maternity leave can be a challenging time for working mums, with many women feeling overwhelmed by the prospect of returning to work.

Parental Leave 41

Parental Leave Healthcare Pension Salary 41

Empuls

OCTOBER 11, 2023

The growth in the adoption of flexible working arrangements has also been partly influenced by various legislative moves, such as changes in parental leave rights and the right to request flexible working. ." While employers can decline a request, they must provide a business-related reason for doing so.

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Telecommunication Banking Parental Leave Consulting 40

Best Money Moves

MARCH 9, 2022

Parental leave, beyond the federal minimum. Under federal law, employees are only guaranteed 12 workweeks of unpaid family medical leave; however, this only applies if their employer is a public organization or company with 50+ employees. Paid paternity leave, including family/parental leave (44%).

Parental Leave 104

Parental Leave Medical Paid Leave Employee Loyalty 104

Bayzat

SEPTEMBER 25, 2023

Parental leave Private sector employees are entitled to a five working day parental leave. The parental leave starts from the day of the birth to six months. The parental leave is a paid leave. The UAE was the first Arab country to grant parental leave to employees in the private sector!

Parental Leave 40

Parental Leave Salary Banking Government 40

Vantage Circle

NOVEMBER 23, 2023

Paid parental leave, support for fertility-related expenses, and assistance with adoption or surrogacy costs are also part of the benefitws plan. Citi Bank offers a range of child support resources through Bright Horizons to meet its employees’ ever-changing family needs. How to Offer?

Family and Medical Leave Act 64

Family and Medical Leave Act 401(k) Retirement Plan roth 401(k) 64

Empuls

MAY 8, 2023

You need to assess your financial capabilities and see how much benefits you can offer in the long run without breaking the bank. Now, jobseekers want companies that can provide additional benefits even as far up to student loans and parental leave. Considering financial constraints This is a roadblock for most startups.

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Benefits Package Employee Benefits 401(k) Retirement Plan 52