All Article articles – Page 123
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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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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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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 ...
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ArticleBritish Airways staff secure 13% raise in bid to reinstate 2019 pay levels
A total of 16,000 British Airways staff have won a 13% pay increase after receiving pay cuts during the Covid-19 (Coronavirus) pandemic.Employees will be given a lump sum worth 5% of their wages this month, a consolidated 5% increase in September, and a further 3% consolidated rise in December, working ...
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ArticleTribunal finds in favour of finance executive in wellbeing and age discrimination case
An Employment Tribunal has found in favour of a finance executive who worked for e-commerce fulfilment provider Selazar, in claims that included unfair dismissal, breach of contract and age discrimination.Louise McCabe was one of the founding directors of Selazar when it was incorporated on 10 October 2014, alongside chief executive ...
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ArticleGlobalData employee share option scheme vests £82 million
A total of 146 long-term employees of industry intelligence provider GlobalData have benefited from the business' share option scheme, with awards vesting £82 million, as of this month.GlobalData created the scheme in 2010 as part of a goal to align its staff to its long-term success, and granted the first ...
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ArticleEXCLUSIVE: Adobe to discuss reproductive health at Employee Benefits Live 2022
EXCLUSIVE: Laura Jackson (pictured), physical wellbeing manager at computer software firm Adobe, has been announced as one of the participants in a panel discussion about menopause, fertility and pregnancy at Employee Benefits Live 2022.The panel, Menopause and fertility in the workplace, is sponsored by Peppy Health, and will be part ...
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ArticleAldi gives distribution centre staff up to 9% pay rise
Supermarket chain Aldi has increased the hourly rate of pay for thousands of its UK regional distribution centre employees by up to 9%.As of September, all hourly paid colleagues within its warehouses receive pay rises of up to 9% on their previous January 2022 hourly rates.Warehouse selectors, which make up ...
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ArticleJet2 rewards employees with four extra annual leave days
Package holiday provider Jet2 has given its employees an extra four days of annual leave this year, with the aim of helping its 12,500 employees look after their mental wellbeing.The added leave allowance is on top of employees' annual leave for the 2022 calendar year, and can be taken at ...
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ArticleWise recruits new chief people officer
Global technology business Wise has announced that it has added Isabel Naidoo (pictured) to its team as chief people officer.Naidoo joins the business, which was recently named one of Glassdoor’s top 20 best places to work in the UK, with global experience in the financial services, technology, and consulting sectors.Based ...
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ArticleThe top 10 most-read articles between 4 - 10 August 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 4 - 10 August 2022 were: John Lewis launches parenthood support for staffShell awards 8% bonus following record profitsTesco agrees to cost-of-living pay rise for distribution centre employeesNetwork Rail managers accept 4% pay dealAmazon adds academic coaching to benefits packageTaylor Wimpey gives ...
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ArticleHouse of Townend pops top on Prosecco taster opportunity
Something for the weekend: Yorkshire-based wine merchant House of Townend has started the search for a dedicated Prosecco taster to join its team on a fixed one-month contract.The business originally uncorked the role last year, and having bubbled over with applications from aficionados, decided to reopen the position once again ...
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ArticleAustralian McDonald's staff seek compensation in paid break row
More than 250,000 current and former McDonald's employees in Australia have launched legal action against the fast food giant in a dispute alleging the denial of paid rest breaks at almost 1,000 current and former restaurant sites.The Shop, Distributive and Allied Employees Association (SDA) has lodged a Federal Court claim ...
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ArticleCoastline Housing pilots living pension to combat poverty in retirement
Cornish charitable housing association Coastline Housing has launched a pilot living pension scheme, initiated by the Living Wage Foundation, in order to combat poverty in retirement for its 350 employees.The association, which owns and manages 5,000 homes across Cornwall, is one of six employers that have committed to testing a ...