Employer news 1 – Page 31
-
ArticleHalf of employers think pots-for-life will increase pensions engagement
Employee Benefits poll: Approximately half (49%) of organisations think the pots-for-life plan will increase employees’ engagement with their pensions, according to a survey of Employee Benefits readers. More than one-third (39%) of respondents said that they do not think that the pots-for-life plan will increase workers’ engagement ...
-
ArticleWelcome Break reports 6.38% mean gender pay gap for 2023
Motorway service station operator Welcome Break has reported a 6.38% mean gender pay gap for 2023, down from 8.6% in 2022.This is its lowest reported gap since 2018, which is a result of its efforts on managing pay increases and using a ‘compliance by complexity’ model. Meanwhile, its median gap ...
-
ArticleOne-third unable to return to work full time due to childcare costs or availability
One-third (34%) of mothers in England said they are unable to return to work on a full-time basis due to childcare costs or availability, compared to just 12% of fathers, according to new Pregnant Then Screwed and Women In Data research.The former surveyed 35,800 parents in England, and the latter ...
-
ArticleRAPP UK names new senior vice president of people
Customer engagement agency RAPP UK has appointed Terence Vieyra as its new senior vice president of people.Based in London, Vieyra will head up a people team of 10 and be responsible for championing RAPP’s purpose of standing up for individuality. He will be an integral part of the UK senior ...
-
ArticleAstraZeneca and Novo Nordisk named best places to work for women in 2023
Biopharmaceutical firms AstraZeneca and Novo Nordisk have been named among the best places to work for women in 2023 globally.Best Places to Work, the workplace excellence certification programme, evaluated global organisations based on their policies, practices and benefits that support and empower women in the workforce. The certification underscores the ...
-
ArticleThe top 10 most-read articles between 9 - 15 February 2024
The top 10 most-read articles on employeebenefits.co.uk between 9 - 15 February 2024 were: B&Q to increase minimum hourly payAmazon workers begin three-day strike over payGreene King implements inclusive fertility and IVF treatment policyHermès to award €4,000 bonus to all employeesLinklaters reports 5.5% mean ethnicity pay gap for 202320% of ...
-
ArticleSuper Bowl winners can receive bonus payment worth $164,000
Credit: kovop / Shutterstock.comLast weekend, the Kansas City Chiefs beat the San Francisco 49ers at the 58th annual Super Bowl (spoiler alert!) While the 49ers did not walk away with the trophy, they will receive a post-season bonus payment. If you’ve ever fancied becoming a National Football League (NFL) player ...
-
ArticleExclusive: Welsh government rolls out new employee benefits framework
The Welsh government has appointed employee benefits provider Vivup to deliver the managed service provision for its employee benefit schemes.Launched this week and set to run until 2028, with break clauses at the end of years two and three, the managed service provision framework includes a fully managed service and ...
-
ArticleDelta awards 100,000 staff 10.4% of earnings through global profit share scheme
American airline Delta has awarded its more than 100,000 employees a payment worth 10.4% of their eligible earnings as part of its profit share scheme.The scheme, which was created to boost employee morale and cultivate a workplace of gratitude and teamwork, allows staff to receive their share of Delta’s 2023 ...
-
ArticleCosta Coffee to increase pay for more than 15,000 employees
Costa Coffee will increase pay for more than 15,000 employees in its 1,500 UK employer-owned stores from 1 April.The starting rate will rise to £12 per hour from £10.70 for baristas, which is a 9% increase and part of a more than £15 million investment. This is also 56p per ...
-
Article42% of working parents want better pay and family support
Two-fifths (42%) of working parents admitted to looking for alternative work in 2024 with higher pay and better family life support, an increase of four percentage points on 2023, according to research by childcare provider Bright Horizons.Its annual Modern families index, which surveyed more than 3,000 working families, found that ...
-
ArticlePRS for Music reports 14.9% mean ethnicity pay gap for 2023
Image credit: Andi SmallwoodMusic copyright collective PRS for Music has reported a 14.9% mean ethnicity pay gap for 2023, down from 17.6% from 2022.Its 2023 gender and ethnicity pay gap report revealed that its median gap was 13.1%, down from 14.6% the prior year. There was an increase in the ...
-
ArticleBirmingham Chamber of Commerce completes £9 million pension buy-in
Birmingham Chamber of Commerce, which supports local businesses, has completed a £9 million pension buy-in.The transaction, which was brokered by financial services consultancy Quantum Advisory, which was also the scheme actuary and lead transaction and investment adviser, will provide improved benefit security to around 100 pensioners and 40 deferred members.The ...
-
Article41% of employers expect increased demand for mental health support
Mental health support will be the most in-demand health and wellbeing benefit in 2024, according to research from Towergate Health and Protection. The survey of 500 HR professionals found that 41% are expecting to see an increase in demand for mental health support from their employees. A ...
-
ArticleHermès to award €4,000 bonus to all employees
Credit: Maddie Red/ShutterstockLuxury fashion brand Hermès has announced that it will award all employees a €4,000 bonus in respect of its successful work in 2023.The news was announced at a presentation of the French firm’s 2023 full-year results, where alongside the staff bonus, it announced an increase in profits of ...
-
ArticleAmazon workers begin three-day strike over pay
Credit: Sundry Photography / Shutterstock.comAmazon workers in Coventry have begun a three-day strike in a dispute over pay.More than 1,000 GMB union members at the retail firm are taking part in industrial action today (Tuesday 13), Wednesday 14 and Thursday 15 February, to earn £15 an hour and union rights.UK ...
-
ArticleB&Q to increase minimum hourly pay
Credit: ClimbWhenReady / ShutterstockB&Q has announced that it will be increasing its minimum hourly rate to £12.21 per hour, and its London rate to up to £13.55 per hour.From April 2024, 16,500 employees at the home improvement retailer will get an extra 90p per hour, worth over £1,700 more a ...
-
ArticlePay settlements expected to drop in 2024
Basic pay increase expectations have fallen for the first time since the start of the pandemic, according to the Chartered Institute of Personnel and Development’s (CIPD) latest Labour Market Outlook.After holding steady at 5% for more than a year, UK employers’ expected basic pay rises for the next 12 months ...
-
ArticleLinklaters reports 5.5% mean ethnicity pay gap for 2023
Law firm Linklaters has reported a 5.5% mean ethnicity pay gap for 2023, up from 5.1% in 2022.Its median gap was -4.8%, compared to -27.2% the previous year. Its top pay quartile in 2023 consisted of 73% of white and 27% of minority ethnic employees, while in 2022 it comprised ...
-
Article20% of employees receive parenting support from their employer
Just one in five (20%) working parents receive some kind of parenting support as part of their benefits package, according to research by REC Parenting. Its Empowering parents and caregivers at work: a blueprint for employers report, which surveyed 2,000 working parents with children aged 18 and ...