All Article articles – Page 250
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Deutsche Post DHL rewards 500,000 staff with €300 bonus
Deutsche Post DHL is rewarding its 500,000 employees with a one-time €300 (£268) bonus payment following on from exceptional business performance throughout the second quarter.Employees worldwide, except top-level executives, will receive the bonus alongside their salary payment in August 2020, as a thank you for all of their hard work ...
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The top 10 most read stories: 2 July- 8 July 2020
The top 10 most read stories on employeebenefits.co.uk between 2 July - 8 July 2020 were: Keep updated with the mini-Budget 2020Employers to receive £1,000 bonus for every furloughed employee returning to workGovernment announces Kickstart job scheme for young employeesFujitsu introduces permanent remote working policy for 80,000 employeesO2 launches £10 ...
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Ibiza offers NHS staff free holiday accommodation
Something for the weekend: NHS employees are being offered free holiday accommodation in Ibiza to reward them for their hard work during the Covid-19 (Coronavirus) pandemic. The government on the white isle is backing a scheme called Together for Healthcare Heroes and giving healthcare employees one week's free stay during ...
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Ryanair reduces pay by up to 10% for UK cabin crew
Irish airline Ryanair has introduced 5-10% pay cuts for its UK cabin crew to avoid job losses due to the financial constraints of the Covid-19 (Coronavirus) pandemic.Depending on salary tier, employees will see their pay reduced by 5% for the lowest-paid staff, 7.5% for medium-tier staff and 10% for the ...
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35% of employers plan to freeze pay or postpone pay rises
More than one-third (35%) of UK employers are planning to freeze pay or postpone pay rises, according to research by Willis Towers Watson.Its survey of 15,000 employees across 132 countries also found that under two-fifths (39%) have already decided to reduce annual bonuses.In addition, the findings revealed that one-fifth (19%) ...
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PricewaterhouseCoopers, NHS and IBM named best employers for equality and inclusion
PricewaterhouseCoopers (PWC), NHS employers and International Business Machines Corporation (IBM) have been recognised as three of the best employers for equality and inclusion.The virtual ENEI Awards held 8 July 2020, saw 25 businesses win accolades across 20 categories and a further 22 entries being highly commended for their efforts.PWC was ...
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Government announces Kickstart job scheme for young employees
Mini-Budget 2020: The government has introduced a new scheme offering to pay 100% of the wages of employees aged 16-24, if an organisation chooses to hire them on a six-month job placement.Employers can claim back the cost of the national minimum wage of £6.45 for employees aged between 18 and ...
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Employers to receive £1,000 bonus for every furloughed employee returning to work
Mini-Budget 2020: The government has introduced a payment to UK employers of £1,000 for each furloughed employee who returns to work and remains with the business through to the end of January 2021.Employees must be earning above the lower earnings limit of £520 per month between the end of October ...
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South London and Maudsley NHS Trust gives 5,500 staff early access to pay
South London and Maudsley NHS Foundation Trust is giving its 5,500 employees early access to their pay due to the financial constraints of the Covid-19 (Coronavirus) pandemic.Employees will be able to receive 50% of their pay on the day that they earn it through payment platform Hastee, as part the ...
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JD Sports Fashion reports mean gender pay gap of 14.9%
Sports retailer JD Sports Fashion has reported a mean gender pay gap of 14.9% for average hourly pay as at April 2019.The organisation, which currently has over 49,000 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with ...
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Four Seasons Health Care provides full sick pay for 15,000 care workers
Four Seasons Health Care (FSHC) will pay 15,000 care workers full pay if they have to self-isolate due to the Covid-19 (Coronavirus) pandemic.Employees working at any of its 185 facilities, who have been self-isolating or have contracted the virus since April 2020, will also have their pay backdated.Since the beginning ...
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Government reverses ruling on charging tax for Covid-19 tests
The Government has reversed its ruling on classing Covid-19 (Coronavirus) testing as a benefit in kind tax.Concerns were raised by Mel Stride, chair of the treasury committee after guidance published by HM Revenue and Customs (HMRC) on 6 July 2020 stated that Coronavirus (Covid-19) testing kits or tests carried out ...
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Keep updated with the mini-Budget 2020
Chancellor Rishi Sunak will deliver his mini-Budget speech at approximately 12.30 pm on Wednesday 8 July 2020.He will be expected to discuss further plans to get the UK economy back on track to help businesses and the UK population deal with the financial ramifications of the Covid-19 (Coronavirus) pandemic.Stay tuned ...
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O2 launches £10 million bonus programme for 6,700 staff
Telecommunications organisation O2 has introduced a £10 million employee bonus scheme to incentivise its 6,700 employees.Its See What You Can Do incentive programme, which will use metrics from customer growth, allows employees to work towards receiving a £1,500 bonus payment.The target is split between two six-month periods, which will run ...
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Fujitsu introduces permanent remote working policy for 80,000 employees
Japanese technology organisation Fujitsu has introduced a permanent remote working initiative for its 80,000 Japan-based employees, effective immediately.The Work Life Shift benefit will allow employees to adjust their working pattern to create a work-life balance that suits their individual needs.By regularly communicating with employees and by using its Workplace Innovation ...
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Japan Tobacco International enhances global family leave for 44,000 employees
Japan Tobacco International (JTI) has enhanced its global family leave policy for 44,000 employees, which will take effect from 1 January 2021.The global strategy offers employees, across 81 countries, a minimum of 20 weeks leave at full pay, regardless of gender, sex, or whether staff have become parents through birth, ...
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31% of employers do not offer support for staff on long-term sick leave
A third of employers (31%) do not make early?interventions to support staff returning to work if they are on long-term sick leave due to ill health, disability or injury, according to research by Group Risk Development.Research carried out among 500 employers, published July 2020, also found that an additional 32% ...
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Wates Group returns 3,500 employees to full pay
Construction business Wates Group has returned 3,500 non-furloughed employees to full pay, effective immediately. In April 2020, the organisation introduced businesses wide pay cuts and furloughed 1,400 employees. Those at board level received a 35% reduction in salary, senior employees received a 30% decrease, while non-furloughed employees, ...
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Hachette UK reports mean ethnicity pay gap of 14.1%
Publishing group Hachette UK has reported a mean ethnicity pay gap of 14.1% for average hourly pay as at April 2019.This represents a 4.3% increase in average hourly pay for ethnic minorities within the organisation since it reported a gap of 9.8% in 2018.Its bonus pay gap currently stands at ...
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Becketts acquires employee benefits division of NW Brown
Investment management organisation Becketts Financial Services has acquired the employee benefits division of NW Brown.The acquisition aims to strengthen Becketts' employee benefits business, enabling the organisation to offer a comprehensive range of reward products around pensions, flexible benefits services, healthcare and group risk insurance.The eight NW Brown employees will move ...