Employee Benefits

FEBRUARY 21, 2024

Banking organisation Barclays has reported a mean gender pay gap of 33.6% of male employees received a bonus that year. Barclays’ mean ethnicity pay gap for Asian employees was -2.8%, down 3.3 Its median ethnicity pay gap for Asian employees was -8.8% Its median ethnicity bonus gap for Asian employees was 10.3%, up 7.5

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Employee Benefits

JANUARY 25, 2024

Nuclear Decommissioning Authority (NDA) has achieved menopause-friendly employer accreditation in recognition of its support for employees affected by the menopause. Employers are assessed and must demonstrate evidence of their support in the areas of culture, policies and practices, training, engagement , facilities and evaluation.

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Best Money Moves

APRIL 9, 2024

Boosting Employee Engagement: How Financial Wellness Leads to Productivity. Learn how you can boost your employee engagement and why it should be a priority. Money is a leading stressor for employees of all ages and income levels. 3 ways financial wellness positively impacts employee engagement and productivity 1.

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Employee Benefits

MARCH 22, 2024

Attracting and retaining great employees is a constant challenge for recruiters. When employees are in a position where they can be selective, organisations must go the extra mile. Employee benefits are one of many things people will consider when weighing up where they want to work. According to a 2023 study by Hussle , 63.1%

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Empuls

OCTOBER 9, 2023

The banking sector serves as the backbone of the global economy, facilitating financial transactions, managing assets, and ensuring the efficient flow of capital. However, the life of a bank employee is far from a walk in the park. In this blog, we will delve into the common problems faced by bank employees in their daily roles.

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Employee Benefits

OCTOBER 16, 2023

Where speakers have given approval, we have uploaded the slides for the keynote and conference sessions at Employee Benefits Live 2023, which took place on 3 October 2023 at ExCeL London. Thank you very much to all of the speakers for sharing their ideas, experiences and insights.

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Employee Benefits

AUGUST 29, 2023

Williams will join from Metro Bank, where he spent five years in various people partnering roles across its retail, business and commercial banking functions, and rose to the role of head of people partners – corporate functions. The post Saffron Building Society hires new head of people appeared first on Employee Benefits.

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Best Money Moves

JANUARY 31, 2023

3 ways to improve your employee retirement benefits. Almost 4 in 10 employees say they’re not confident about reaching their retirement goals, according to a 2022 Bank of America report , and even more are unsure if they have enough savings to retire. Educate employees Social Security, Medicare and other retirement benefits.

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Empuls

OCTOBER 9, 2023

Employee turnover has been a persistent challenge in the banking sector, with both private and public sector banks grappling with this issue. High turnover can result in significant costs and disruptions, making it essential for banks to implement effective employee retention strategies.

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HR Digest

JANUARY 19, 2023

Effective onboarding increases employee engagement by more than 20%, so we are reinvigorating the experience to make it easier and create a greater sense of community and belonging among new hires. Bronstein: We have seen tremendous growth in our employee networks in recent years – in membership, engagement and tools.

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Employee Benefits

OCTOBER 12, 2023

Alcohol brand Jägermeister, travel firm Virgin Atlantic and Zopa Bank have been named as some of the UK’s Top 100 Most Loved Workplaces 2023. Employers are recognised for workplaces where employees feel respected, inspired and appreciated and are ranked depending on how well they demonstrate key areas mentioned within BPI’s Spark Model.

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Employee Benefits

MARCH 18, 2024

Employee Benefits · Employee Benefits/Egress Podcast Listen: Cybersecurity firm Egress has created a benefits package that offers support for its employees in many different areas of their working lives. One of the benefits in which this support is most evident is its flexible-working initiative , Eflex.

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Employee Benefits

MAY 24, 2023

Manchester-headquartered logistics services business Cardinal Global Logistics has transitioned to an employee ownership model to mark 25 years in business. According to the employer, the move to employee ownership represented an active effort to preserve an employee-first culture established over the past 25 years.

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Employee Benefits

APRIL 27, 2023

Organisations based both in and outside of the US applied, but if they were not Business Group on Health members, organisations had to be within the Fortune 500, in the top 100 of Forbes America’s largest private businesses, part of Forbes Global 2000 list, or have a workforce of at least 5,000 employees.

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PeopleStrategy

APRIL 8, 2024

One of the tallest tasks HR departments face is how to retain employees (let alone attract top talent). If you have written job descriptions, invested in recruitment, set up training programs, or arranged for additional development only to see valuable employees depart for greener pastures, it’s disheartening to say the least.

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Achievers

JANUARY 26, 2015

The financial services and banking industries don’t fare well when it comes to employee engagement. When compared to all other industries, finance and banking suffer from high customer-switching rates, low employee engagement levels, high turnover, and absenteeism.

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Employee Benefits

FEBRUARY 14, 2023

Credit: William Barton / Shutterstock.com Banking organisation NatWest Group has acquired 85% shareholding in workplace savings and pensions fintech Cushon, with the remaining 15% retained by Cushon management. NatWest made the move in order to offer commercial customers and their employees a suite of financial wellbeing products.

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Employee Benefits

JULY 5, 2023

In order to offer valued support, retail banking organisation TSB initially set out to identify how many of its 5,000 UK employees are carers. The bank also offers counselling , advice, and financial and legal assistance through its partnership with Bupa, and flexibility in working patterns and hours.

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cipHR

JANUARY 3, 2023

Want to dial up employee engagement at work in 2023? Here’s our pick of the best employee engagement tools to help you create a more productive, happier workforce . Engaged workers are more productive, happier, and innovative at work, numerous studies have shown. What is employee engagement?

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Employee Benefits

MARCH 9, 2023

He previously worked for Lloyds Banking Group and Starbucks Coffee Co. Hopgood said: “I am thrilled to be joining Howden, a business that has a culture of employee ownership at its core. Its people first attitude enables Howden to truly engage and support its employees in all areas, something that especially attracted me to the role.

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Best Money Moves

MAY 31, 2023

Learn more about how financial stress can vary across generations — plus what you can do to dial down your employees’ financial worries. After all, the financial needs of a Gen Z employee are going to be different than those of Baby Boomer. Employees under 35 are more likely to ignore their finances when facing financial stress.

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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. It helps us create an engaged workforce that can deliver personalized and integrated services to clients in a range of industries.”

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Employee Benefits

FEBRUARY 5, 2024

Statistics show that it’s the day of the year when UK employees are most likely to call in sick. Read on to discover how we can reduce absenteeism in an employee-centric way. The average rate of absenteeism per employee per year has increased from 5.8 Let’s be clear: National Sickie Day isn’t a call to action. in 2019 to 7.8

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Employee Benefits

AUGUST 25, 2023

There are two full-time and one part-time roles available on an initial 12-month fixed-term contract, and full availability is required across some weekends and school and bank holidays. This sounds like the building blocks of an exciting opportunity to us at Employee Benefits!

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HR Digest

SEPTEMBER 15, 2021

An internal survey by Goldman Sachs junior employees detailing the crushing workload and the accompanying stress due to demanding bosses has led to some stocktaking about the working conditions in the industry and the high attrition rates. Banks now insist on weekend offs, no excessive overtime, and greater use of technology for routine work.

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HR Digest

MAY 22, 2022

How can financial wellness programs help employees? Financial wellness programs can help ensure that your employees are more productive and efficient at work. Employees are more stressed about their finances in a post-COVID world, and they require reassurance regarding benefits and financial possibilities.

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Employee Benefits

DECEMBER 8, 2023

Banking organisation HSBC has extended its parental leave benefits for Hong Kong-based staff to foster a family-friendly and inclusive culture. From 1 January 2024, maternity leave for full-time employees will increase from 16 to 20 weeks, while paternity, or secondary caregiver, leave will rise from 10 to 40 days.

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Employee Benefits

NOVEMBER 15, 2023

Need to know: Employers can tailor content and communication channels to different employee groups to help with their pensions knowledge. What is surprising is the lack of knowledge that employees have about these. Losing the jargon will make the language of pensions easier to understand and more relevant to staff.

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InterWest Insurance Services

NOVEMBER 10, 2022

While employers shoot for maximum employee enrollment, there are always those employees who for a multitude of reasons never take the first step of signing up for benefits. Also consider that one in three employees are uncertain about their ability to cover future health care expenses.

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Empuls

OCTOBER 9, 2023

Employee engagement is a critical factor in the success of any industry, and the financial services sector is no exception. Engaged employees are more productive, motivated, and committed to their organizations. Recognizing these challenges, financial organizations are increasingly implementing engagement initiatives.

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cipHR

JANUARY 7, 2021

2020 shook up the workplace, resulting in a shift to remote working and a reassessment of workplace culture – we showcase five top employee engagement tools to dial up your employee engagement in 2021. We highlight five top employee engagement tools: Totem. Engage employees regularly with pulse surveys.

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Employee Benefits

AUGUST 16, 2023

Employers should create a reward strategy that allows employees with different lifestyles and needs to work in a way that enables them to thrive. Employees can feel a sense of achievement from receiving incentives for their efforts, which, in turn, drives performance and engagement.

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Employee Benefits

MARCH 1, 2023

Aligning staff with shareholders can improve motivation and engagement, reducing absence and turnover at a time when talent is at a premium. The current economic climate means employees want more from their reward packages, with fresh talent and motivation becoming increasingly hard to come by.

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Achievers

JULY 18, 2018

Are you currently using recognition to boost employee engagement across your organization? Scotiabank , a leading financial services provider, is already ahead of the curve and finding innovative ways to spread employee recognition across 90,000 employees globally. To simplify the employee experience, Applause 2.0

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Employee Benefits

NOVEMBER 1, 2023

Law firm Dentons, retailer Amazon and banking organisation HSBC have been named as some of Stonewall’s top 100 global employers for 2023. They are also judged on community engagement initiatives that educate leaders and stakeholders on how to champion LGBTQ+ communities and their rights, both within the workplace, and externally.

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Best Money Moves

OCTOBER 7, 2020

Why financial wellness is a must-have employee benefit. Financial wellness programs have emerged as a key employee benefit in the last few years and COVID-19 has only strengthened demand for resources that can help employees deal with their finances. Why Financial Wellness Is a Must-Have Employee Benefit.

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Empuls

SEPTEMBER 7, 2023

63% of employees don't receive feedback as frequently as they want , and the reason could be a lack of systems that support continuous feedback. Good employee feedback software is necessary if you want to automate reviews, and in this article, we’ll help you find the right one. Capterra rating: 4.5 Capterra rating: 4.5

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