All Article articles – Page 107
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Mitie introduces £10 million staff support package
Facilities management and professional services business Mitie has launched a £10 million winter support package to help its workforce with the rising costs of living.The employer stated that it is focusing its support on its lowest-paid employees, with 40,000 set to benefit.As of this month, Mitie has launched a new ...
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West Midlands Metro staff accept up to 20.1% pay deal
Credit: Alex Daniels / Shutterstock.comCrew members employed by West Midlands Metro have called off strike action after accepting an improved pay offer.Under the pay deal, existing tram crew with 12 months or longer of service will receive a 20.1% pay increase by April 2023, with 15% of it backdated to ...
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Baker McKenzie awards US staff bonuses up to $115,000
Global law firm Baker McKenzie is to pay its US associates end-of-year bonuses of up to $115,000 (£96,530) depending on seniority.The bonuses will start at $20,000 (£16,788) for those in the class of 2021 and increase up to $115,000 for its most senior associates. This is in line matches its ...
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Compass Group rolls out salary advance scheme for employees
Credit: JHVEPhoto / Shutterstock.comContract caterer Compass Group has launched a salary advance scheme for its 50,000 British and Irish staff, to help in the face of financial hardship and a worsening cost-of-living crisis.The advance option gives monthly salaried employees the ability to withdraw up to 50% of their earned pay ...
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Staff at 19 UK universities strike over pay
Staff employed by 19 higher education institutions have commenced strike action over pay this week, starting with Glasgow Caledonian University, where employees began striking yesterday (21 November) and have continued today.Administrators, cleaners, library, security and catering workers, some of the lowest paid in the university sector, are among those taking ...
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EXCLUSIVE: Cubitts introduces financial wellbeing platform for staff
EXCLUSIVE: Glasses maker Cubitts has launched a financial wellbeing platform for its more than 150 members of staff.The platform, provided by Bippit, offers employees access one-to-one financial coaching from a regulated and impartial professional matched to their needs, after answering a series of questions about their financial concerns.The service also ...
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Levy UK to pay real living wage from 2023
Sports and leisure business Levy UK has committed to pay its more than 1,000 employees the real living wage as a minimum from 1 January 2023.Staff will earn an hourly wage of at least £10.90, which is the real living wage rate for employees across the UK, with those based ...
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Burgess Mee accredited as fertility friendly employer
Credit: Elyse MarksLondon law firm Burgess Mee has received fertility friendly employer accreditation from Fertility Matters at Work (FMAW).The family and private client law firm, which employs six partners, 13 other fee earners and five support staff, was awarded the accreditation due to its recognition that fertility issues, treatments and ...
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Virgin 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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Global 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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World 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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Heathrow 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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Success4All 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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Tesco 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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The 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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Electric 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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Government 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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Government 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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Government 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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Government 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 ...