All Employee Benefits articles in 2022 – Page 32
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ArticleKier Group introduces enhanced sick pay policy for 10,800 construction staff
Credit: Paul Maguire / Shutterstock.comConstruction business Kier Group has agreed to implement day one sick pay above statutory levels for 10,800 of its employees as of September, following a campaign by the union Unite.The highway maintenance workers will now receive sick pay of up to £100 per day from the ...
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ArticleRedbridge Council signs domestic abuse charter
Redbridge Council in the London Borough of Redbridge has signed trade union GMB’s Work to Stop Domestic Abuse Charter, in order to support employees experiencing domestic abuse.By signing the charter, employers pledge to ensure that staff will not be disadvantaged at work, as well as offering access to services and ...
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OpinionLovewell's logic: The great talent conundrum
In a week that saw A-level students receive their exam results and the Office for National Statistics (ONS) publish its latest Labour Market Statistics, it is perhaps unsurprising that talent recruitment and retention have been the subject of much discussion.While the ONS report showed that vacancy rates in the UK ...
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ArticleOut of Office? Hybrid workers head for the beach this summer
Something for the weekend: Almost three-fifths (57%) of UK hybrid workers have planned to extend their overseas trips this summer in order to ditch the office and work from more idyllic locations, according to research by flexible workspace operator IWG.The research, which canvassed 1,009 hybrid office workers in August, found ...
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ArticleThe top 10 most-read articles between 12 - 18 August 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 12 - 18 August 2022 were: Jet2 rewards employees with four extra annual leave daysBritish Airways staff secure 13% raise in bid to reinstate 2019 pay levelsAldi gives distribution centre staff up to 9% pay riseNationwide Building Society gives staff £1,200 cost-of-living ...
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ArticleStaff at DHL Life Sciences Banbury secure 9% pay rise
Staff employed at DHL Life Sciences Banbury have voted to accept a 9% pay increase and one waiting-day policy for sickness absence.The members of staff, who are members of the union GMB, are in charge of warehousing medical devices, pharmaceutical and clinical trials logistics and supply chain.The union carried out ...
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ArticleRoyal London gives lower-paid employees £1,000 pay rise
Insurance group Royal London has pledged to give all permanent and fixed-term employees on full-time equivalent (FTE) salaries of less than £40,000 per annum a £1,000 FTE pay increase.The organisation employs more than 4,000 workers, and the pay rise will take effect from October for around half of its workforce, ...
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ArticleYorkshire Building Society gives staff £1,200 cost-of-living payment
Yorkshire Building Society has awarded the majority of its employees a one-off £1,200 payment in order to boost its financial support and help with the rising cost-of-living.All eligible members of staff will receive the payment in September, subject to the usual deductions. Chief officers, directors and any employees working their ...
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ArticleImmediate Media Co introduces menopause app for employees
Special interest and content platform business Immediate Media Co has launched menopause app Balance+ this month for its more than 1,000 members of staff, based in London, Manchester and Bristol.The app provides access to specialist medically approved content and live sessions to help with mental health, nutrition, sleep, physical and ...
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ArticleAssociation of Chartered Certified Accountants hires head of reward and resourcing
Association of Chartered Certified Accountants (ACCA), the global body for professional accountants, has recruited Fiona Christie (pictured) as head of reward and resourcing.Christie previously worked at Leidos, a defense, aviation, information technology, and biomedical research firm, as its head of reward and organisational wellness.She said: “I am excited to be ...
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Supplier articleHOW TO CREATE AN EFFECTIVE EMPLOYEE EXPERIENCE STRATEGY?
What’s it like for someone who’s an employee of your organisation? You might have an idea already based on staff retention or employee feedback, or you might’ve even identified a problem with engagement that needs to be addressed. Whether you’re looking to improve talent acquisition and retention, ...
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Case StudiesVirgin Money firmly embeds financial wellbeing into employee experience
When Virgin Money introduced its new employment package, A Life More Virgin, in early 2022, financial wellbeing was one important piece in the jigsaw.Post-pandemic, flexibility and choice are key themes which run through the employee experience at Virgin Money. Accordingly, the bank wanted each of its 7,500 employees to find ...
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AnalysisHow to create a targeted financial wellbeing strategy
Need to know:Many employers already have great financial wellbeing tools in place, they just need to be promoted more effectively.Any benefits introduced to support financial wellbeing should be underpinned with education.Employers should plan to measure the effectiveness of any financial wellbeing support and be prepared to amend this if situations ...
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Supplier article92% of Trustees fear their members approaching retirement will be targeted by scammers
WEALTH at work’s survey* with the Pensions Management Institute (PMI) has revealed that 92% of Trustees fear their members approaching retirement will be targeted by scammers.Jonathan Watts-Lay, Director, WEALTH at work, a leading financial wellbeing and retirement specialist, comments; “Pension scams are a persistent problem which have a devastating impact ...
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ArticleUber agrees to pay rises for 70,000 UK drivers
Around 70,000 Uber drivers based in the UK have secured a pay rise following successful negotiations with trade union GMB.Wages will increase at varying rates for different cities, linked to fare rises. In London, prices are set to go up by an average of 5%. Uber has also stated that ...
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ArticleShoosmiths introduces employee bonus scheme
Law firm Shoosmiths has launched its first formal employee bonus scheme as part of an updated reward strategy.The bonus scheme has been based on non-financial strategic goals and financial targets, and will pay the same percentage bonus to all employees in order to promote teamwork and collaboration. It has an ...
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ArticleNationwide Building Society gives staff £1,200 cost-of-living payment
Nationwide Building Society has awarded its more than 11,000 members of staff with a £1,200 one-off payment as it increases support during the cost-of-living crisis.The payment has been introduced for those who earn £35,000 or less per year, which is 61% of its 18,000-strong workforce. It will be paid in ...
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ArticleEXCLUSIVE: 35% of employers will not change pay despite rising living costs
More than a third (35%) of employers are not planning on making any changes to pay policies in light of the current economic environment, according to research by insurance brokerage, risk management and consulting services firm Gallagher.Conversely, 40% of employers said they have demonstrated their commitment to supporting employees financially ...
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OpinionSamantha Dickinson: Will workers’ rights be eroded by government legislation?
As millions of public sector workers face below-inflation pay deals, the stage is set for a summer of continued discontent. So, how will the government’s decision to allow agency workers to cover in the event of further strike action affect the gathering storm clouds?Previously the Conduct of Employment Agencies and ...
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ArticleMedian monthly pay up by 6.6% in July 2022
Early estimates for July 2022 from the Office for National Statistics (ONS) indicate that median monthly pay was £2,108, a 6.6% increase compared with the same period last year.According to the findings, pay growth fluctuated around 3.6% until 2020 when it became negative, following an increasing pay growth trend between ...