Employer news 1 – Page 37
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Government introduces holiday pay and entitlement reforms
The UK government has implemented reforms to simplify holiday pay calculations and entitlement as per the Working Time Regulations.These changes include the definition of irregular hours and part-year workers in relation to the introduction of the holiday entitlement accrual method and rolled-up holiday pay, the introduction of a method to ...
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Bristol-Myers Squibb and McDonald’s named in top 25 best places to work in Europe
Credit: IB Photography / Shutterstock.comPharmaceutical firms Takeda and Bristol-Myers Squibb and fast food chain McDonald’s have been named among the top 25 best places to work in Europe for 2023 by Best Places to Work.The international certification programme recognises employers across the world using workplace culture assessments and a global ...
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17% invested in a diversity, equity and inclusion strategy in the past year
Despite three-quarters (72%) of HR directors stating that employee demands for a diversity, equity and inclusion (DEI) strategy are a major concern, just 17% introduced or invested in one in the past year, according to research by Barnett Waddingham.The risk, pensions, investment and insurance consultancy, which surveyed 300 HR directors ...
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Axa enhances work-life balance benefits in Greater China
Credit: Robert Way / Shutterstock.comInsurance firm Axa has has enhanced employee benefits for its employees in Greater China to promote work-life balance in the workplace and provide support at different life stages.From 1 January, the organisation increased paid co-parent leave from 20 days to 40 days. It will also offer ...
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New Look Retailers reports 27.96% mean gender pay gap
New Look Retailers has reported a 27.96% mean gender pay gap for 2023, up slightly from 25.7% in 2022.Its median gender pay gap for 2023, meanwhile, was 5.2%, down from 8% in 2022.Like many fashion retailers, the organisation has attributed its gender pay gap to the large proportion of women ...
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BBC reports 4.7% mean gender pay gap for 2023
The BBC has reported a 4.7% mean gender pay gap for 2023, just lower than the 5.1% it published in 2022.Its median gap for 2023 was 7.3%, an increase from 5.9% the previous year. The organisation attributed this to its 47% female and 53% male employee split, and specific investments ...
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Tesco Ireland to give employees pay rise
Tesco Ireland is to give pay rise to its employees as part of a €16 million (£13.7 million) investment.From 1 January 2024, more than 12,000 customer assistants, warehouse operatives and grocery home shopping delivery drivers will receive a minimum 4% increase in their hourly pay.The irvestment means the retailer's annual ...
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55% of younger staff say a good benefits package is important
More than half (55%) of 18-34 year-olds said a good benefits package is the most important thing they look for in employment, according to research by employee benefits technology provider Zest.Its survey of 2,000 employees also found that, in comparison, 42% of the general workforce said a good benefits package ...
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The top 10 most-read articles between 8 - 14 December 2023
The top 10 most-read articles on employeebenefits.co.uk between 8 - 14 December 2023 were: Aldi increases employee pay to at least £12 an hourB&Q to roll out higher hourly rate of pay in January 2024PWC introduces neurodiversity training programmeNew family-friendly regulations set to take effect on 6 April 2024Employee Benefits ...
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VegasSlotsOnline searches for mulled wine taster
Now that the festive season is in full swing, gambling website VegasSlotsOnline has begun its search for someone to taste piping hot spiced mulled wine and get paid for the privilege.The successful applicant will receive a hamper filled to the brim with mulled wine from 10 different UK supermarkets, worth ...
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Greene King delivery workers employed by GXO accept pay deal
Delivery workers for the Greene King brewery have accepted an improved pay deal following industrial action this week.Around 30 members of trade union Unite, who are employed by logistics firm GXO on an outsourced contract, took part in industrial action over the course of six days. The workers involved in ...
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London Metropolitan University enhances parental leave
Credit: Alex Yeung / Shutterstock.comLondon Metropolitan University has enhanced its parental leave as part of its commitment to nurture an environment where staff can thrive both professionally and personally.The updated policies now allow qualifying staff to take 52 weeks of fully paid maternity and adoption leave, which is double its ...
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BP Pensioner Group takes legal action in pensions value dispute
The BP Pensioner Group has begun legal action against senior members of BP management and directors of the BP pension fund trustee due to concerns around the value of 2,500 members’ pensions.According to the BP Pensioner Group, the dispute is about decisions made by BP and the pension fund trustee ...
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Severn Trent Services implements mental wellbeing support for staff
Water and wastewater services supplier Severn Trent Services has introduced workplace mental wellbeing for its employees.Through a partnership with Thrive Mental Wellbeing, Severn Trent Services’ employees will be able to access anonymous and confidential support services via a free confidential app, such as cognitive behavioural therapies, meditation sessions, goal-based activities ...
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New family-friendly regulations set to take effect on 6 April 2024
Several new family-friendly regulations, including the right to request flexible working from day one of employment, carer’s leave and extended redundancy protections for new parents, will come into effect on 6 April 2024 in England, Scotland and Wales.The regulations include The Flexible Working (Amendment) Regulations 2023, which remove the requirement ...
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B&Q to roll out higher hourly rate of pay in January 2024
Credit: ClimbWhenReady / ShutterstockDIY retailer B&Q is to roll out a higher hourly rate of pay of £11.31 and reduced break lengths from January 2024.During the summer, the employer undertook a pilot in two stores to reduce the length of breaks while offering employees higher pay, with actual worked hours ...
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Employee Benefits Awards 2024 open for entries
The Employee Benefits Awards 2024 are now open for entries, celebrating and honouring excellence in the HR, reward and benefits community.Set to take place on Friday 14 June 2024 at the HAC London, the event of the year for the reward, benefits and HR community recognises excellence and celebrates the ...
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BNP Paribas?Corporate and Institutional accredited as menopause-friendly
Financial services firm BNP Paribas?Corporate and Institutional Banking UK has received menopause-friendly accreditation.The menopause-friendly accreditation, which was established by Henpicked: Menopause in the Workplace, recognises practices that embrace menopause in the workplace. To achieve accreditation, employers are assessed by an independent panel and must demonstrate effectiveness through their culture, policies ...
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Half of HR teams to prioritise preparing for AI's impact in 2024
More than half (55%) of HR teams say their top priority for 2024 will be preparing their organisation for the impact of artificial intelligence (AI) and automation, according to research by digital services and payments platform Edenred.Its annual People barometer 2023 also found that in 2024, 43% of respondents will ...
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One-third think the pension pot for life will help employees manage their pension
Employee Benefits poll: Just one-third (33%) of organisations think the pension pot for life plans announced in November's Autumn Statement by Chancellor Jeremy Hunt will help employees to manage their pension, according to a survey of Employee Benefits readers.Two-fifths (40%) said they do not think the pension pot for life ...