All Article articles – Page 108
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Government 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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Mobysoft 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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Scaler 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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PSE 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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Will Rayden: How can employers support staff who are stressed about the cost-of-living crisis?
This has been a difficult year for many people, and it has played out in the increasingly stark newspaper headlines about rising prices of energy and goods, and interest rates.Throughout the year, we have constantly reviewed how we can best support employees. We felt that the timing of any intervention ...
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Richard Lane: How can employers support staff who are stressed about the cost-of-living crisis?
The events of the past six months have brought the topic of financial resilience into our everyday conversations, and employers have had to consider the impact that the rising cost of living is having on their employees. For many in employment, it is becoming more and more difficult to balance ...
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Kelly Metcalf: How can employers support staff who are stressed about the cost-of-living crisis?
Understandably so, individuals are anxious and stressed by the ongoing economic disruption, even if they are not directly impacted. Here at Fujitsu, employee wellbeing support is a constant, but the focus is ever evolving. In 2020, much of our attention was on helping our people to navigate the various physical ...
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43% have cut retirement savings due to cost-of-living crisis
Just over two-fifths (43%) have either reduced or stopped saving for retirement due to the cost-of-living crisis, accordiing to research by retirement specialist Just Group.Its survey of 1,000 private sector workers aged 45-65 also found that almost six in 10 (57%) are concerned about the consequences of the rising cost ...
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Barratt Homes gives staff second £1,000 cost-of-living payment
Housebuilder Barratt Homes is to give an additional £1,000 to 95% of its workforce in order to help with the rising cost of living.More than 6,800 employees under the firm’s grade 5a tier will be eligible for the payment. The support will not change other pay-related benefits, such as pension ...
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Petrofac staff strike over pay dispute
Around 146 workers at Petrofac-owned Repsol assets at several North Sea oil and gas installations have begun strike action today (16 November) over pay.The deck crew, platers, pipe fitters, electricians and riggers, who are based at the Flotta terminal in Orkney and the Fulmar platform, will take part in a ...
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Number of below living wage jobs to jump to 5.1 million in 2023
The amount of jobs paying below the real living wage has been forecast to jump to 5.1 million next year, despite the number of workers earning below the rate standing at the lowest it has been in 10 years (3.5 million), according to new research.The Living Wage Foundation’s findings revealed ...
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Stadler Rail Service agrees pay deal with Tyne and Wear Metro engineers
More than 50 Tyne and Wear Metro engineers employed by Stadler Rail Service have accepted a pay offer after calling off planned strike action.The engineers planned to strike from 14 to 28 November, with more action set to be scheduled if the dispute was not resolved, over a 4% pay ...
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Charles Gregory Solicitors to pay £32,000 after incorrect employment transfer
London law firm Charles Gregory Solicitors has been ordered to pay an employee £32,000 after it transferred his employment to another business without due notice or consultation.Eduardo Grazioli worked for regulated firm Rider Support Services from 2007 as a paralegal and later a personal injury solicitor. When the firm could ...
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Association of Accounting Technicians reports -0.2% mean gender pay gap
The Association of Accounting Technicians (AAT) has decreased its mean gender pay gap for 2022 from 3.5% to -0.2%, due to an increase in the number of women in senior roles.The association’s latest gender pay gap report and second ethnicity pay gap report were based on hourly rates of pay ...
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66% of employers offer staff time off for fertility treatment
Employee Benefits poll: Two-thirds (66%) of organisations offer time off for treatment as a form of fertility benefit for their workforce.Just 5.4% of respondents to an online survey conducted by Employee Benefits said they provide employees with money towards treatment costs, with the same number listing and flexible working, while ...
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BaxterStorey hires Arran McDowell as people director
Hospitality provider BaxterStorey has appointed Arran McDowell (pictured) as people director, as of this month.According to the business, McDowell will spearhead its people-first approach by building on BaxterStorey’s established culture of engaged and talented employees.He has experience in both the UK and across the globe, having spent 15 years with ...
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Poll: Do you think the living wage rate is high enough in the current economic climate?
Take part in our latest readers’ poll on a current topical issue. Employee Benefits reported today that housing and elder care provider Anchor has received real living wage employer accreditation from the Living Wage Foundation to mark Living Wage Week (14 – 20 November). In light of this, do you ...
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Anchor accredited as living wage employer
Housing and elder care provider Anchor has received real living wage employer accreditation from the Living Wage Foundation.As of 22 September, the UK living wage rate for those outside of London increased to £10.90 per hour, while those based in London receive £11.95 per hour.The business, which employs more than ...
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Stagecoach Hull gives staff 20% pay rise
More than 250 Stagecoach workers in Hull have accepted a two-year pay deal worth 20% after suspending further strike action.The bus drivers, who were on strike for four weeks, have received a pay increase to £12.50, backdated to May 2022. This will then increase to £13 from December 2022, £13.25 ...
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Twitter equates remote work with resignation under Musk leadership
Credit: Michael Vi / Shutterstock.comElon Musk has stated that any employee of social media platform Twitter who is able to work in the office but who does not return, will be let go from the business.Musk, who bought Twitter earlier this month and has since reportedly fired around half of ...