All Article articles – Page 216
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ArticleAstraZeneca boss and staff to receive same pay rises
Pascal Soirot, CEO of pharmaceutical giant AstraZeneca, will receive the same 3% pay rise as the rest of his staff.Despite the company's ongoing success, including seeing its share price jump by 11% after the World Health Organization approved its Covid-19 (Coronavirus) vaccine, the boss’s base salary will increase from £1.29 ...
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ArticleGovernment waives IR35 penalties for 12 months
The government has published new guidance about how it will support organisations seeking to comply with upcoming off-payroll (IR35) changes.The document confirmed it will be mandatory for employers to assess a contractor’s employment status for tax purposes, and that those that do not will be fined.But it gives many businesses ...
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Article100,000 workers get early access to pay
The employees of more than 3,000 small- and medium-sized businesses will now be able to access up to 50% of their wages in advance, thanks to a partnership between two technology providers.York-based software company, RotaCloud – which already supplies employee scheduling/management solutions to the likes of Subway Sheffield Hallam University ...
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ArticleDelta Security Management to pay living wage
Security guard firm Delta Security Management has become the latest organisation to be recognised as a living wage employer.Accredited by the Living Wage Foundation, the company based in Crawley, West Sussex, will now pay its 10 full-time and four part-time staff at least £9.30 per hour. This is the outside-London ...
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ArticleEmployees want climate change pensions information
Research by workplace savings fintech Cushon has revealed employees overwhelmingly worry about whether their pensions are invested in firms that contribute to climate change - but still feel uninformed about it.The study found 84% of respondents are concerned about climate change and 69% are worried their company pension could be ...
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ArticleTribunal rules against pay deductions for sub-standard work
An employment tribunal has ruled that a law firm was not entitled deduct money from one of its consultant solicitors because it was unhappy with the quality of their work.Alastair Dobbie, a consultant at London-based Feltons, first raised the case in 2017 (including for unfair dismissal) after claiming deductions were ...
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ArticleCancer Research UK publishes gender pay gap report
Cancer Research UK has reduced its mean gender pay gap to 15%. The figure, based on a snapshot of employee pay taken on 5 April 2020, represents a significant improvement. The report showed its average gender pay gap was down from 18.7% in 2019 - a drop ...
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ArticlePoll: Two-thirds of employers do not link pay and bonuses to social responsibility goals
Employee Benefits poll: Two-thirds of employers do not link pay and bonuses to social responsibility goals.According to the latest Employee Benefits straw poll, 66.67% of www.employeebenefits.co.uk readers have no scheme under which employees are rewarded through pay rises or bonuses for meeting corporate responsibility targets.However the other third of respondents ...
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ArticleSony appoints Sonia Grant-Yendell
Sony/ATV Music Publishing has announced it has appointed Sonia Grant-Yendell as its new VP, human resources (UK & International).Based in the London office, Grant-Yendell will lead the UK and international HR team and will report directly to senior vice president (global human resources) Elicia Felix-Hughey.As well as partnering with Sony/ATV's ...
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ArticleMajority of employers support the mental health of working parents
New research has found that of the options employers provide to combat pressures on remote working parents, mental wellbeing support overwhelmingly comes top.Incomes Data Research (IDR) polled workers at 40 organisations during January and discovered that almost all (98%) employers had taken specific steps to help employees with their mental ...
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ArticleTreasury launches pension age consultation
The Treasury has published a consultation, Increasing the Normal Minimum Pension Age (NMPA), which confirms plans to raise the NMPA from 55 to 57 years by 2028 to reflect changes to the minimum state pension age.The document, published yesterday (11 February), stated: “The government believes that increasing the minimum pension ...
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ArticleExpat healthcare increasingly challenging
Businesses are finding it increasingly difficult to develop healthcare packages for international workers, according to a survey by AXA Global Healthcare.The World of Work research compares trends from 2017 and 2020, highlighting changes in the process of establishing and supporting international assignments.The survey found that of the 543 HR decision-makers ...
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ArticleWolseley appoints Ant Donaldson as UK reward manager
Wolseley, the plumbing, heating and cooling trade merchant, has announced the appointment of Ant Donaldson as its new UK reward manager.The role will see him specifically focus on developing the organisation's ongoing benefits strategy for over 4,500 employees. Donaldson has more than 20 years' experience of working in employee benefits. ...
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ArticleBritish Gas workers strike over changes to pay and conditions
More than 7,000 workers at British Gas have staged the first of three planned four-day strikes today in protest over its ‘fire and rehire’ policy that sees staff having to accept pay cuts and cuts to benefits.According to the GMB union, which is coordinating the strikes, British Gas owner Centrica ...
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ArticleLandmark Pension Schemes Bill receives Royal Assent
The Pension Schemes Bill has been granted Royal Assent today, ushering in major changes to pension schemes aimed at providing greater protection for members.The move sees the Bill become the Pensions Schemes Act, almost three years after it was first mooted in response to the BHS and Carillion pension scheme ...
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ArticleThe top 10 most-read articles between 4 February - 10 February 2021
The top 10 most-read stories on employeebenefits.co.uk between 4 February - 10 February 2021 were: Arcadia staff set for employment tribunalGovernment suspends pay gap reporting enforcement100,000 NHS staff now have early access to wagesRevolut moves to permanent flexible workingWaterstones staff petition for minimum wageEmployer relationships weakened by Covid-19How can employers ...
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ArticleSussex Police Force de-stress with wellbeing dogs
Something for the weekend: Being a bobby on the beat can be hard at the best of times, but policing during the pandemic brings its own unique and stressful challenges - from breaking up illegal lockdown parties and fining hill walkers for carrying cups of coffee to being spat at ...
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Poll: Has your organisation implemented pay cuts as a result of the pandemic?
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ArticleKavitha’s keynote: The proof is in the pay packet
Last week, I mentioned that many employers had been forced to make tough decisions in order to stay in business as a result of Covid-19 (Coronavirus), including reducing the pay packet of individuals at their organisations and consequently pushing some staff into serious financial difficulty.Indeed, as we reported earlier this ...
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Poll: Has your organisation implemented pay cuts as a result of the pandemic?
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