All Employer news articles – Page 70
-
ArticleVictoria and Albert Museum looks for David Bowie enthusiasts
Credit: Arthur D'Amario III / Shutterstock.comSomething for the weekend: The Victoria and Albert Museum (V and A) has begun its search for two cataloguers to help with the David Bowie Archive, which it is in the process of acquiring. If you’re good under pressure and with changes, then this could ...
-
ArticleGreggs to share £17.6 million bonus among staff
Bakery chain Greggs is to share a £17.6 million bonus among some of its employees after posting a record annual profit.In a webcast detailing the business’ latest results, chief executive Roisin Currie explained that Greggs will continue to share 10% of its profits with team members with at least six ...
-
Article888 William Hill rolls out global wellbeing support for employees
Gaming and betting firm 888 William Hill has introduced wellbeing support for its 11,000 employees globally.Through the scheme, which is provided by Wellness Cloud, 888 William Hill employees will be able to access the Wellness Cloud hub, which includes more than 100 live talks and events each year on a ...
-
ArticleJohn Lewis Partnership and Co-op to increase pay
John Lewis Partnership and the Co-op are to increase their minimum pay rates for 2024. The Co-op has reaffirmed its commitment to paying the real living wage as recommended by the Living Wage Foundation, increasing its minimum hourly wage from £10.90 to £12, or from £12.25 to ...
-
ArticleHow will the Spring Budget 2024 affect pay, pensions and employee benefits?
Image credit: photocosmos1 / Shutterstock.comChancellor of the Exchequer, Jeremy Hunt (pictured), delivered his Spring Budget speech in the House of Commons on Wednesday 6 March. Below is a summary of the key announcements that could affect employers' pay, pensions and benefits strategies:Spring Budget 2024: National insurance contribution (NIC) rate cut ...
-
ArticleLloyds Banking Group appoints new director of diversity, equity and inclusion
Lloyds Banking Group has named Rachel Osikoya director of diversity, equity and inclusion (DE&I).With more than 20 years' experience in culture, diversity and inclusion, Osikoya will be responsible for driving the group’s strategic DE&I agenda and will build a multi-year plan to further embed DE&I for employees, customers and communities. ...
-
AnalysisHow to keep employees happy on minimum pay rates
Credit: M2K7/ShutterstockNeed to know:When budgets are under pressure, organisations need to strike the right balance between pay, benefits and other factors such as working conditions and wellbeing.Benefits such as discount schemes, health cash plans and financial education can help employees make their money go further.Communication is key, helping organisations understand ...
-
Case StudiesSavvy Hotels offers competitive reward package to attract and engage staff
Savvy Hotels runs three hotels across Liverpool and Chester, employing 41 people plus additional casual staff during peak times. As guests’ experiences are so dependent on the service they receive, happy employees are essential.Steven Hesketh, chief executive of Savvy Hotels and founder of The Hospitality Hero, explains: “We’re a family-run ...
-
Supplier articleNational Insurance saving could be used to boost workplace pension
As announced in The Spring Budget, National Insurance (NI) is reducing from 10% to 8% from April 2024. WEALTH at work, a leading financial wellbeing and retirement specialist has run financial education workshops for staff in hundreds of organisations and is encouraging people to consider using this saving in National ...
-
ArticleSpring Budget 2024: TPR and FCA given powers to enforce Value for Money framework
Spring Budget 2024: The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) will have a full range of regulatory powers to ensure employers are adhering to the Value for Money (VFM) framework.Chancellor of the Exchequer, Jeremy Hunt, announced the plans in order to address pension schemes that are “persistently ...
-
ArticleSpring Budget 2024: Government maintains fuel duty freeze for 12 months
Spring Budget 2024: The government is to maintain the current rates of fuel duty for a further 12 months to help support people with the cost of living.The measure, which was announced in the Spring Budget, will save the average car driver £50 in 2024-25 through the extension of the ...
-
ArticleSpring Budget 2024: National insurance contribution (NIC) rate cut to 8%
Spring Budget 2024: The government is to cut employee national insurance contributions (NICs) by two pence, falling from 10% to 8% from 6 April.In his Spring Budget, Jeremy Hunt, Chancellor of the Exchequer, said that this will save the average worker on a salary of £35,400 around £900 a year, ...
-
ArticleSpring Budget 2024: DC pensions required to disclose investment in UK equities
Spring Budget 2024: Jeremy Hunt, Chancellor of the Exchequer, has announced plans to bring forward requirements for defined contribution (DC) schemes and local government pension schemes (LGPS) to publicly disclose the breakdown of their asset allocation in UK equities.The 2024 Spring Budget report stated that across the pensions industry as ...
-
ArticleAiredale NHS Foundation Trust receives menopause-friendly accreditation
Airedale NHS Foundation Trust in West Yorkshire has received menopause-friendly workplace accreditation in recognition of the support it offers to employees.Established by Henpicked: Menopause In The Workplace, the accreditation recognises organisations that embrace menopause in the workplace.The NHS trust has set up a variety of menopause-related initiatives, including a dedicated ...
-
ArticleTesco to increase pay above the real living wage
Tesco is to increase the hourly pay for employees in stores from £11.02 to £12.02 per hour, which is above the 2024 real living wage outside London.It announced the rise after reaching an agreement with trade union Usdaw. Tesco remains one of the few supermarkets to recognise an independent trade ...
-
ArticleStay up to date with the Spring Budget 2024
Chancellor of the Exchequer Jeremy Hunt will deliver his Spring Budget 2024 speech at 12.30pm on Wednesday 6 March 2024.Stay tuned to the Employee Benefits website for all the latest updates on how the Spring Budget could impact pay, pensions and benefits for employers and staff.The Autumn Statement 2023's key ...
-
OpinionMusab Hemsi: When it comes to baby loss, employers should not forget about fathers
As progressive workplaces move towards a more open and supportive culture, the impact of baby loss, whether through miscarriage, stillbirth or neonatal death, is becoming more widely talked about. However, employer support is often focused on mothers, with less consideration given to the fact fathers are suffering too. As men ...
-
ArticleSurrey County Council payroll error sees employees receive wrong wages
Surrey County Council has apologised to employees after an error with its £30m payroll system saw staff paid the wrong wages. Problems with its Enterprise Resource Planning system, which was introduced last June, have meant some employees including firefighters and teachers have been underpaid. Surrey County Council ...
-
ArticleCurrys increases salary for 10,000 staff and boosts minimum pay rates
Credit: bennphoto / Shutterstock.comRetailer Currys is increasing pay for its approximately 10,000 hourly-paid employees as part of an investment into their pay.Its store-based workers will now earn an average of £12.33 per hour, while its top-performing employees can earn on £13.95 an hour on average, with some able to earn ...
-
ArticleNetwork Rail reports 7.4% mean gender pay gap for 2023
Network Rail has reported a 7.4% mean gender pay gap for 2023, down from 8.6% in 2022 and 9.9% in 2021.The rail operator’s median gender pay gap for 2023 was 9.3%, down from 10.9% in 2022 and 12.9% in 2021.Its mean gender performance-related pay gap for last year was -35.1%, ...