All Employer news articles – Page 33
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ArticlePreston City receives real living wage city accreditation
Source: Credit: Preston City Council The city of Preston in Lancashire has received real living wage city accreditation from Living Wage Places as part of its commitment to support employees in the area. A celebration to showcase it becoming a real living wage city was held ...
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ArticleSenior doctors in Scotland accept 10.5% pay rise
Senior doctors and consultants across Scotland have accepted a 10.5% basic pay increase backdated to 1 April following negotiations. As part of the deal, which is worth £124.9 million, the doctors will earn between £10,000 and £13,500 more each year. A total of £5.7 million has also ...
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ArticleNatwest Group makes £11 billion deal to outsource pension payments
Credit: William Barton / Shutterstock.com High street banking group Natwest Group has made a deal worth around £11 billion to outsource some of its pension payments. According to the group, a series of transactions have taken place, managed by the trustee of the group’s pension fund. These ...
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ArticleTetley staff in Stockton-on-Tees accept pay offer
Workers employed by Tetley at its Stockton-on-Tees factory have accepted a pay offer, ending ongoing strike action. The 150 employees, who are based at Tata Consumer Products’ Eaglescliffe site, are members of trade unions GMB and Unite. The pay increase is worth 10% over the course of ...
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ArticleUS Boeing workers vote to accept new pay deal
Source: Boeing Workers employed by Boeing in the USA have voted to accept a new pay deal worth 38% over the next four years. The 33,000 front-line workers, who are based in Washington, Oregon and California, are members of the International Association of Machinists and Aerospace Workers ...
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ArticleHSBC UK to introduce free fertility checks
International bank HSBC UK has announced that it will introduce free fertility checks as part of its UK employee healthcare plan from January 2025. Announced during National Fertility Awareness Week (4-8 November), the aim of the checks is to give the bank’s employees an understanding of their ...
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ArticleSecond major four-day week trial begins
The first official pilot of a four-day week under the Labour government has begun this week, with a view to presenting the findings next summer. Applications for the latest pilot, run by the 4 Day Week Campaign and flexible working consultancy Timewise, opened in the summer. Participants ...
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ArticleSouth Gloucestershire Council receives Defence Employer Recognition award
Source: Shutterstock / 273340274 South Gloucestershire Council has received the bronze award from the Defence Employer Recognition Scheme as part of its commitment to supporting its employees who have been part of the armed forces. Established by the Ministry of Defence, the scheme was designed to acknowledge, ...
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ArticleLloyds Banking Group receives fertility-friendly employer accreditation
Lloyds Banking Group has received fertility-friendly employer accreditation as part of a commitment to supporting its employees through their fertility journeys. Established by the organisation Fertility Matters at Work, the accreditation is awarded using a rigorous assessment framework that examines employer’s fertility policy guidance, education and awareness ...
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ArticleFirst Bus Aberdeen workers accept pay offer
Around 200 workers employed by First Bus Aberdeen have accepted an enhanced two-year pay deal. The workers, who are drivers, coach drivers and administrative staff, are represented by trade union Unite. Following successful negotiations, they overwhelmingly voted to accept an enhanced 7.2% pay offer from their employer, ...
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ArticlePolice officers in Scotland to withdraw goodwill in pay dispute
Police officers in Scotland are to stop working on their shifts at the scheduled time and not start these any earlier, in a move that is due to take effect from 5pm on 1 November. The rank-and-file officers, who are represented by the Scottish Police Federation (SPF), ...
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ArticleArmfield completes £7 million buy-in for pension and life assurance scheme
Research and product development firm Armfield has completed a £7 million buy-in transaction for the Armfield pension and life assurance scheme. The transaction for the scheme secured the benefits for 24 pensioners and 15 deferred members. Bulk annuity and consolidator advisory business K3 Advisory carried out the ...
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ArticleAmazon employees in Dunfermline buzzing about beehives introduction
Source: From Amazon Something for the weekend: A beekeeper employed by retail giant Amazon in Dunfermline, Scotland, has introduced beehives to its fulfilment centre team. Ross Main, who is an inbound support specialist, worked alongside the Amazon sustainability team to set up and keep bees at the ...
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ArticleThe top 10 most read articles between 25 – 31 October 2024
Parliament The top 10 most read articles between 25 – 31 October 2024 on employeebenefits.co.uk were: Autumn Budget 2024: Employer national insurance contributions (NICs) to increase to 15% Autumn Budget 2024: Employment allowance to double and £100,000 threshold scrapped Autumn Budget 2024: Incentives for electric vehicles ...
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ArticleEastern Transport Holdings becomes employee-owned
Source: Shutterstock / 1108927934 Eastern Transport Holdings, the parent organisation of Stephensons of Essex and NIBS Buses, has been sold to an employee ownership trust. The organisation, which operates 140 buses in Cambridgeshire, Suffolk and Essex, employs 200 members of staff and has a current turnover of ...
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ArticleFord workers strike over pay and contract changes
More than 1,000 workers employed by vehicle manufacturer Ford have begun strike action due to a long running dispute over pay and contract changes. The employees, who are represented by trade union Unite, are administrative staff based in Dunton, Stratford, Dagenham, Daventry and Halewood. They began industrial ...
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ArticleDeutsche Bank completes £1.1 billion full pension buy-in
Deutsche Bank has completed a £1.1 billion full buy-in for its UK pension scheme. The scheme is sponsored by a subsidiary of Deutsche Bank and is a client of Legal and General’s asset management division. The buy-in secures the benefits of around 4,000 members. LCP was lead ...
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ArticleBritish Society for Immunology to pilot four-day week
The British Society for Immunology (BSI) has announced that it will take part in a four-day working week pilot for six months, starting on 4 November. During the pilot, which was approved by the board of trustees in July, participating BSI staff will be able to choose ...
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ArticleFDM Group reports -2.5% mean gender pay gap for 2024
Source: T. Schneider / Shutterstock.com Global business and technology consultancy FDM Group has reported a -2.5% mean gender pay gap for 2024, compared to -7.6% the previous year. The employer’s median gender pay gap was -5.1%, versus -4.3% in 2023. Its mean bonus gap for 2024 was ...
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ArticleBoosst transitions to employee ownership trust
Financial planning firm Boosst has transitioned to an employee ownership trust (EOT) in order to ensure its long-term independence and commitment to its clients and employees. Owners Keith and Linda Butten, and managing director Josh Butten, have transferred 100% of their shares to the EOT and have ...