article thumbnail

How flexible working hours, competitive pension benefits, and mental wellbeing support can engage the Gen Z workforce

Employee Benefits

Pensions and Future Planning Contrary to stereotypes, Gen Z actually places significant importance on pension benefits for future planning. In our report, pension needs ranked closely behind work-life balance in terms of importance, with an average score of 7.52. out of 10 in the findings from our exclusive report.

article thumbnail

Train drivers accept pay deal

Employee Benefits

Train drivers across England, Scotland and Wales have accepted a pay deal made by the Department for Transport, ending a two-year pay dispute. They also stated that they had not received a pay increase since 2019 and had put on hold any pay claims while helping keep people safe on public transport during the Covid-19 pandemic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TFL staff strike over pensions and conditions

Employee Benefits

Some 10,000 Tube workers are taking part in two 24-hour strikes this week over pensions and working conditions. The Rail, Maritime and Transport (RMT) trade union said all its members working on the London Underground had been instructed to refuse to sign on for duty today (Tuesday 1 March) and on Thursday 3 March.

Pension 59
article thumbnail

Paul Maynard named new pensions minister

Employee Benefits

Paul Maynard, Conservative MP for Blackpool North and Cleveleys, has been appointed pensions minister at the Department for Work and Pensions (DWP). The former pensions minister, Laura Trott, has been promoted to the role of chief secretary to the treasury.

Pension 59
article thumbnail

Ian Hodson: How do you encourage employees to use green commuting options?

Employee Benefits

There are several ideas employers can implement to promote eco-friendly transportation choices and greener credentials to form a joined-up strategy. Data and reporting to monitor the transportation choices of employees and regularly report on the progress in reducing its carbon footprint is important.

article thumbnail

London Underground strikes over pension changes suspended

Employee Benefits

Several strike dates due to take place on the London Underground have been suspended following negotiations about potential reforms of Transport for London’s (TFL) pension scheme. A central government-demanded review of TFL’s pension arrangements, which is a condition of the 1 June 2021 £1.1 This is a major step forward.”

Pension 52
article thumbnail

How to structure a sustainable reward strategy

Employee Benefits

Travel-related benefits, pensions and carbon-offsetting schemes can all help employees make a difference to their carbon footprint, and that of their employer. Green investments Pensions are another area where employers can have a significant impact.

Pension 105