All Editorial articles – Page 28
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ArticleTesco rewards staff with 10% bonus payment
Supermarket chain Tesco is rewarding its employees with a 10% bonus to recognise their efforts dealing with the increasing demand for supplies during the Covid-19 (Coronavirus) pandemic.The 10% bonus will be paid to all permanent employees that work within its stores, distribution centres, customer fulfilment centres and its customer engagement ...
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Supplier articleFree eBook: Your Guide to Navigating COVID-19
As the COVID-19 pandemic has drastically altered the workplace and most people's day-to-day lives, employee engagement has become more important than ever. Amidst the uncertainty in the world, employees are looking to their organisations to support, recognise and connect them during these difficult times.In this eBook, you will learn:How the ...
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Supplier articleHow Recognition programmes must evolve to meet changing circumstances – a Colt Technology Perspective
As everyone is aware, the Coronavirus pandemic has, for the foreseeable future anyway, fundamentally changed the way we work and live. Offices remain closed or open with limited access and the most popular form of communication is through video conference. Remote working has become the norm, and organisations are having ...
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Supplier articleEmployee wellbeing in a shaken population
Pension schemes don’t exist in isolation - the pension strategy always has to be looked at in the joint contexts of the wider employee benefit and engagement strategies. ‘Better outcomes for pension scheme members’ takes joined up thinking that incorporates the evolving employee experience. The Covid-19 pandemic ...
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Supplier articleRecognition: A crucial tool in tough times
Lauren Goldgrub, General Manager – Reward & Recognition, BenefexHow can Recognition technology help to influence your culture and bring people together during difficult times? In this webinar, Benefex is joined by our friends at MIB – Motor Insurers’ Bureau – who tell us all about their experiences of launching a ...
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ArticleSimmons and Simmons resumes bonus reviews
International law firm Simmons and Simmons has resumed its annual pay and bonus reviews that were initially put on hold due to the financial uncertainty resulting from the Covid-19 (Coronavirus) pandemic.The employer delayed salary and bonus performance-based reviews, as well as partner distributions in April 2020 during a reduction in ...
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ArticlePandora to pay staff in full during Covid-19
Jewellery manufacturer and retailer Pandora will continue to pay its employees in full despite the financial ramifications of the Covid-19 (Coronavirus) pandemic.The employer has confirmed that despite lockdown measures forcing UK stores to close once again, Pandora will continue to pay employees in full during uncertain times.In March 2020 when ...
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Supplier article5 tips to motivate your employees as 2020 draws to a close
As we head into the final stretch of 2020, with another lockdown and a lot of uncertainties looming, coupled with a general sense of lack of motivation and what would usually be the start of festive cheers, it's more important, now than ever before, to look at how best to ...
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Supplier articleBusy Bees Benefits: Ensuring success as an SME
Before COVID-19, the statistics found that more than half of the year’s new SMEs would close within three years. Following the coronavirus pandemic, these statistics are likely to be even higher.So what is it that makes a business successful? It takes more than hard work and a little luck – ...
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Supplier articleHow salary sacrifice schemes work for furloughed employees
With the Coronavirus Job Retention Scheme (CJRS) now extended until March 2021, how will this affect your salary sacrifice schemes?Thankfully, employers have options when it comes to managing their salary sacrifice schemes for furloughed employees and employers can work with their staff to come to the best arrangement to suit ...
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ArticleGamestop launches TikTok competition for employees
Something for the weekend: American electronics retail organisation Gamestop has given employees the opportunity to put on their dancing shoes and get posting on TikTok.Employees have the chance to bring out their social media influencing skills and knowledge, by battling it out with their fellow co-workers for a chance to ...
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ArticleBloomsbury reimburses employees for Covid-19 pay cuts
Publishing house Bloomsbury will reimburse employeeswho were affected by pay cuts during the Covid-19 (Coronavirus) pandemic.Due to the financial uncertainly caused by the pandemic, from April to June 2020, employees within the organisation were subject to pay reductions of up to 30%, with senior staff being the most adversely affected. ...
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ArticleSainsbury's rewards employees with 10% bonus payment
Supermarket chain Sainsbury's is rewarding 116,400 employees with a 10% bonus, to recognise their efforts dealing with the increasing demand for supplies during the Covid-19 (Coronavirus) pandemic.The bonus, which willequate to 10% of employees’ salary based on hours they worked over a four-week period,is the second special payment that Sainsbury's ...
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ArticleMedian weekly earnings decrease by 18.1% for staff in accommodation and food service roles
The median weekly earnings for full-time employees working in accommodation and food service roles have seen a 18.1% decline since 2019, according to research by the Office for National Statistics (ONS).Its Employee earnings in the UK: 2020 report, published November 2020, which uses data from the Annual survey of hours ...
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ArticleSiemens rewards employees with €1,000 bonus
Global technology organisation Siemens is rewarding its employees with a special one-time bonus to recognise them for their hard work during the Covid-19 (Coronavirus) pandemic.Over 300,000 employees globally, except for senior managers, will receive up to €1,000 (£899) in a one-time payment. The new bonus, paid to employees by the ...
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ArticleIkea introduces pay freeze for UK employees
Swedish retailer Ikea has introduced a pay freeze for its UK employees to deal with the ramifications of the Covid-19 (Coronavirus) pandemic.The organisation, which haspausedpay reviews to solidify its financial positioning over the coming months, has also put on hold its plans to become accredited as a real living wage ...
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Supplier articleThe importance of Reward and Recognition
In November last year Harvard Business Review published an article by Mike Robbins, a leading authority on staff motivation and engagement on why employees need both recognition and appreciation. Nearly a year on, and this could not be more relevant to today’s increased focus and understanding of how we keep ...
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OpinionLucy Lewis: What the extension of the furlough scheme means for employers
The Coronavirus Job Retention Scheme (CJRS) had been expected to end on 31 October 2020, but Boris Johnson, UK prime minister, announced the very same day that it would be extended until December 2020 in light of new lockdown measures introduced in England.The CJRS aims to keep people in work ...
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Supplier articleLatest innovation in Customer Loyalty
2020 has been one of the most challenging years ever for customer facing businesses and those in the business of customer loyalty. We have had restrictions placed on the food and beverage industry, the travel industry and of course high street shopping, to name but a few who have all ...
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ArticleWPP defers bonus payments
Image credit: The DrumCommunications organisation WPP has postponed its bonus payments for 2020 due to the financial ramifications of the Covid-19 (Coronavirus) pandemic. The organisation has a performance-related bonus structure in place allowing employees below board-level to receive an extra annual payment based on how well they perform during the ...