All Employee Benefits articles in 2022 – Page 9
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ArticleVirgin Money gives staff 10% pay rise
Bank Virgin Money has awarded its 7,500 members of staff a pay rise of 10% on average, following a 43% increase in annual profits due to rising UK interest rates.The business announced the pay increase internally this month, following 92% of trade union Unite’s members at Virgin Money voting in ...
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ArticleGlobal Processing Services names first chief people officer
Global payments technology platform Global Processing Services (GPS) has appointed Sharyn Wilson (pictured) as its first chief people officer from this month.In the newly created role, Wilson will be responsible for leading global HR organisation, including talent strategy, recruitment, culture, learning and development, compensation and benefits. She was also appointed ...
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OpinionLovewell's logic: Should Elon Musk retain home working at Twitter?
Elon Musk has certainly made an impression – and headlines – during his first few weeks as owner of Twitter. After letting approximately half of the workforce go, this week he announced that employees must return to the office to work if they are able to do so. Those who ...
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ArticleWorld Cup fever: 47% intend to phone in sick for football
Something for the weekend: Almost half (47%) of England and Wales supporters intend to pull a sicky to watch their nation play at this year's football World Cup.Bookmaker Paddy Power partnered with Research Without Barriers to survey 2,002 football fans from England and Wales. The research found that almost half ...
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ArticleHeathrow Airport ground handlers strike over pay
Ground handlers employed by Menzies at Heathrow Airport have commenced strike action today (Friday 18 November) over a pay dispute.The 350 employees, who are members of trade union Unite, started a 72-hour stoppage as of 4am. They have demanded a better pay offer than the ones made to date, which ...
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ArticleSuccess4All accredited as living wage employer
Educational charity Success4All has been accredited as a living wage employer by the Living Wage Foundation.To gain accreditation, the charity committed to paying its workforce a minimum hourly wage of £10.90, which is higher than the £9.50 per hour government minimum for those aged 23 and above, and the newly ...
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ArticleTesco launches salary advance scheme for staff
Supermarket chain Tesco has introduced a benefit that will allow its 280,000 employees to access up to 25% of their contractual pay early.The scheme, provided by Salary Finance, costs a single set fee of £1.49 per advance, and aims to help staff avoid payday loans or debt with high interest ...
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Supplier articleHow flexible benefits can solve 5 of the biggest benefits challenges
Research by CIPD found that 59% of businesses offer no flexibility in benefits choice, a figure that has remained largely unchanged since 2018.This is despite the fact that employees want a more personalised employee benefits experience than ever.This leaves the door open for employers who do offer the flexibility employees ...
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Supplier articleHow to win back time when managing employee benefits
Research shows one of the biggest barriers to HR implementing employee benefits is a lack of time.It’s no surprise after the events of the last few years. HR have weathered the storm to support businesses and their employees in navigating a significant period of instability, be it political, economic or ...
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ArticleThe top 10 most-read articles between 11 - 17 November 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 11 and 17 November 2022 were: PWC launches discount scheme and virtual financial wellbeing supportTwitter equates remote work with resignation under Musk leadershipBarratt Homes gives staff second £1,000 cost-of-living paymentWilmott Dixon and Admiral named best big employers for Q4 2022Stagecoach Hull gives ...
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ArticleElectric vehicles to pay vehicle excise duty from April 2025
Autumn budget 2022: The government has announced that electric cars, vans and motorcycles will be required to pay vehicle excise duty (VED) from April 2025.According to Chancellor Jeremy Hunt, this will ensure a fairer tax contribution as the take up of electric vehicles continues to accelerate. The government will legislate ...
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ArticleGovernment maintains income tax thresholds
Autumn budget 2022: The government will maintain the current freeze on income tax personal allowance and higher-rate tax thresholds until April 2028.Chancellor of the exchequer Jeremy Hunt told the House of Commons that personal tax thresholds, including income tax, will be frozen for further two years until 2028.Sian Steele, head ...
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ArticleGovernment to protect pensions triple lock
Autumn budget 2022: The government has confirmed that the pensions triple lock and credit will be protected, and rise by 10.1% in April 2023.Chancellor of the exchequer Jeremy Hunt told the House of Commons that the state pension will be uprated by inflation, rather than in line with average earnings ...
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ArticleGovernment increases national living wage by 9.7% for 2023
Image credit: photocosmos1 / Shutterstock.comAutumn budget 2022: The government has agreed to raise the national living wage by 9.7% from April 2023.In his autumn budget address to the House of Commons, Chancellor of the exchequer Jeremy Hunt (pictured) stated that he had accepted recommendations made by the Low Pay Commission ...
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ArticleGovernment maintains national insurance contributions freeze
Autumn budget 2022: The government has decided to maintain the current freeze on employers' national insurance (NI) contribution thresholds for a further two years.Chancellor of the exchequer Jeremy Hunt told the House of Commons in his autumn budget that the freeze would continue to April 2028.In addition, the employment allowance ...
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ArticleGovernment reduces 45% income tax threshold
Image credit: Gints Ivuskans / Shutterstock.comAutumn budget 2022: The government has reduced the threshold at which the 45% rate of income tax becomes payable, from £150,000 to £125,140.Chancellor of the exchequer Jeremy Hunt made the announcement in his autumn budget statement, noting that those earning £150,000 or more would pay ...
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ArticleMobysoft implements £1,200 cost-of-living payment
Manchester-based software service firm Mobysoft has given employees earning up to £35,000 a £1,200 cost of living support payment to help combat the effects of the current cost-of-living crisis.The payment will be split over the next four months to February 2023, and the firm also offered a tapered support programme ...
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ArticleScaler gives workforce 10 days of paid gratitude leave
India-based technology upskilling startup Scaler has given its 2,200 employees 10 days of paid time off at the end of the year.The business introduced what it called ‘gratitude leave’ in order to allow staff a break from 21 December through 1 January, rewarding their hard work throughout the year, which ...
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ArticlePSE Offline Marketing hires new head of HR
Data-led marketing business PSE Offline Marketing has appointed Helen James (pictured) as head of HR as of this month.James, who has more than 22 years of experience in HR, joined the business following 15 years at Karndean, a UK and European flooring manufacturer.In her new role, she will work closely ...
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Supplier article9 REASONS WHY YOU SHOULD REVOLUTIONISE YOUR 2023 EMPLOYEE REWARD & RECOGNITION STRATEGY
When in uncertain times, human beings often go into survival mode, and when the threat is financial, that means cutting costs and going without to afford the essentials. Although an organisation is made up of and powered by people, it needs to adopt a different approach – ...