All articles by Debbie Lovewell-Tuck – Page 8
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ArticleAsda to reward front-line staff with 100% bonus and Boxing Day paid leave
Asda is to give front-line staff an additional day’s paid leave and reward them with 100% of their bonus entitlement for 2020.The retailer will close all stores on Boxing Day in order to give staff an additional day’s break over the Christmas period when Covid-19 restrictions on family gatherings will ...
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ArticleWeetabix Food Company reduces median gender pay gap to 4.4%
Weetabix Food Company, which also produces the Alpen and Ready Brek brands, has made further progress in reducing its gender pay gap, closing the median gap to 4.4% as at April 2020, down from 6.6% the previous year.The organisation also reported a mean gender pay gap of 2.46% as at ...
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ArticleConfessions of a benefits manager: Candid helps with bonus allocation
This week, I am having another little foray into the frisky world of compensation. Everyone in HR has been enlisted to help managers plan year-end bonuses for their teams. They should not need any help. We have an app for that. The app tells them who in their team is ...
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ArticleToy Story's Woody awarded employee of the month
Something for the Weekend: Employees at home improvement retailer Home Depot’s branch in Plaistow, New Hampshire, recently found themselves competing for its employee of the month award with an unlikely new colleague.Cowboy Woody, better known for his Toy Story fame, was recruited to the store’s team after he was found ...
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ArticleThe top 10 most-read articles between 3-9 December 2020
The top 10 most-read stories on employeebenefits.co.uk between 3-9 December 2020 were: UK private sector pay predicted to increase by 2.4% in 2021.The Royal Household looks to recruit experienced personal assistant.Nationwide Building Society reports 28.3% mean gender and 16.2% ethnicity pay gaps.EXCLUSIVE: 57% concerned about staff not having enough pension ...
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ArticleJust Eat to offer couriers hourly pay and benefits
Food delivery company Just Eat is to offer couriers pay by the hour rather than per job in a boost to gig economy workers.The move will mean its workers will earn at least the national minimum wage, increasing the security of their income.Starting in London but with the rest of ...
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ArticleHomestyle Pension Company completes £103m bulk annuity buy-in transaction
Homestyle Pension Company has completed a £103 million bulk purchase annuity transaction with Aviva.The arrangement will insure the defined benefit (DB) pension liabilities of all 1,294 members of the Homestyle 2007 pension scheme, removing their investment and longevity risks from the scheme. Members will not see any change in the ...
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Article42% of employees desire less work-related stress in 2021
Just under half (42%) of employees wish to experience less stress at work during 2021, according to research by PayFit.Its report, How UK HR priorities have evolved during the pandemic, which surveyed 2,002 UK workers, also found that 85% have experienced work-related worries since the Covid-19 (Coronavirus) pandemic took hold ...
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OpinionLovewell's logic: Out of sight, out of mind?
Throughout 2020, Employee Benefits’ daily email alerts have been filled with stories of employers introducing or enhancing the support they offer for their workforces as life changed significantly as a result of the Covid-19 (Coronavirus) pandemic. But is this true of all organisations, particularly as many battle for survival amid ...
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ArticleUnilever to trial four-day working week in New Zealand
Unilever is to begin a year-long trial of a four-day week at its offices in New Zealand with the aim of changing the way work is done, not increasing the hours worked over four days.From 7 December, 81 employees at the consumer goods organisation, which owns brands such as as ...
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ArticleReagent Chemicals becomes accredited real living wage employer
Reagent Chemicals has become a real living wage employer, accredited by the Living Wage Foundation.The chemical manufacturer, which has committed to paying the real living wage to all employees, including temporary and contract staff, chose to implement the standard to aid recruitment and retention, as well as a means of ...
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Article
ReReagent Chemicals has become a real living wage employer, accredited by the Living Wage Foundation. The chemical manufacturer, which has committed to paying the real living wage to all employees, in
Reagent Chemicals has become a real living wage employer, accredited by the Living Wage Foundation.The chemical manufacturer, which has committed to paying the real living wage to all employees, including temporary and contract staff, chose to implement the standard to aid recruitment and retention, as well as a means of ...
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ArticleRetail price index phase-out will impact defined benefit pension schemes
The phasing out of the retail price index (RPI) in favour of the consumer prices index plus the cost of housing (CPIH) will have a significant impact on traditional defined benefit pension schemes.In his Spending Review on 25 November, Chancellor Rishi Sunak announced that the RPI measure of inflation will ...
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ArticleMedian pensions wealth signficantly lower among some ethnic groups
There is a stark difference in levels of pension saving between people of different ethnicities, according to data from the Office for National Statistics.Its analysis, which compared savings by ONS classifications of ethnic background, found that median private pension wealth among Bangladeshi, Chinese, Black African and ‘any other ethnic group’ ...
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ArticleAmazon to reward front-line employees with global recognition bonus
Amazon is to pay a special holiday recognition bonus to its front-line employees globally, in order to demonstrate its appreciation for their work.All front-line staff who are employed by the organisation between 1-31 December 2020 will be eligible for the bonus, which, in the UK, will total £300 for full-time ...
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OpinionLovewell's logic: How appropriate are festive celebrations in 2020?
How is your organisation planning to celebrate the festive season this year? Do you feel marking the occasion is important for staff motivation and morale, or does it feel inappropriate to celebrate under current circumstances?Over the past few weeks, here at Employee Benefits, we have received a number of press ...
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ArticleThe top 10 most read stories between 19 -25 November 2020
The top 10 most-read stories on www.employeebenefits.co.uk between 19 November – 25 November 2020 were: High Court rules on GMP equalisation of transfersEmployee Benefits Pensions research 2020National living wage to increase to £8.91 from April 2021Hermes UK launches mental health first aider programmeHome Bargains rewards 22,000 employees with two weeks' ...
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ArticleOsborne Clarke to begin reimbursing staff for Covid-19 pay cuts
Law firm Osborne Clarke is to begin reimbursing employees for salary reductions implemented as a result of the Covid-19 (Coronavirus) pandemic.From 1 June 2020, employees earning above £30,000 per annum have been subject to a 7% reduction in salary. The reduction was capped at £30,000 per annum, meaning employees who ...
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ArticlePublic sector pay rises to be targeted at NHS and low income staff
Spending Review 2020: Public sector pay increases are to be targeted at one million front-line staff in the NHS next year, as well as low income staff in the wider public sector, although just how much they will rise by is yet to be confirmed.In his Spending Review on 25 ...
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ArticleNational living wage to increase to £8.91 from April 2021
Spending Review 2020: The national living wage is to increase by 2.2% from £8.72 to £8.91 per hour for employees aged 23 and over from April 2021.The increase, which is based on recommendations from the Low Pay Commission, was announced by Chancellor Rishi Sunak (pictured) in his Spending Review on ...