All Financial wellbeing articles – Page 16
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ArticleRoadchef rolls out payroll and financial support for UK employees
Credit: Ceri Breeze / Shutterstock.comRoadside service area operator Roadchef has rolled out payroll and financial support for its 3,500 UK employees as part of its commitment to the financial wellbeing of its workforce.Through a partnership with cloud-based payroll software service PayCaptain, Roadchef employees can access savings pots, digital payroll giving, ...
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Article29% would not cope financially if diagnosed with a critical illness
Almost one-third (29%) of parents with young children do not feel at all confident in their ability to cope financially if diagnosed with a critical illness, according to research by life and pensions mutual insurer LV=.Its second annual Reaching resilience report, which surveyed 4,000 UK adults, also found that the ...
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ArticleFirst Bus receives living wage employer accreditation
National bus operator First Bus has received real living wage employer accreditation.All of its 1,300 UK employees, including workers employed through third-party contractors, will be paid at least £12 per hour. This is over and above the UK government’s national living wage, which increased this month for workers aged 21 ...
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ArticleTribunal orders Phoenix Healthcare and Rentacar 24/7 to pay unpaid wages
An employment tribunal has ruled that Phoenix Healthcare and Rentacar 24/7 must pay £2,912.19 in unpaid wages and additional compensation after finding they underpaid a former employeeM Piekielniak was employed as a driver transporting carers between jobs by Phoenix Healthcare from 2 May 2021, and when not busy, would support ...
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ArticleGreenwich Leisure workers receive 20% sick pay increase
Workers employed by Greenwich Leisure (GLL) are set to receive a 20% increase in sick pay following a day of industrial action last week.From this month, the social enterprise has agreed to increase sick pay for all of its employees, including its leisure workers across the UK.This follows a 24-hour ...
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Article63% of UK workers want a pay rise
Nearly two-thirds (63%) of UK workers want a pay rise, according to research by Reward Gateway.The employee engagement firm surveyed 2,000 UK-based full-time employees in order to find out how they are coping in the current economy. It found that 20% of respondents said they are miserable at work and ...
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ArticleSaba Park Services workers in Slough accept 25.6% pay increase
Credit: Frodo's Dad / Shutterstock.comA total of 40 workers employed by Saba Park Services in Slough, Berkshire have accepted a 25.6% pay increase, ending a long-running pay dispute.The employees, who are represented by trade union Unite, work as parking enforcement officers who monitor resident parking zones and street pay and ...
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Supplier articleIs an Annual Leave Purchase scheme the key to balancing budgets and life?
Is an Annual Leave Purchase scheme the key to balancing budgets and life? More time off means extra opportunities to enjoy what really matters, and when employees purchase additional annual leave via your employee benefits offering, it reduces your wage bill. Let’s explore what an annual leave ...
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ArticleBolt launches flexible pension scheme for private hire vehicle drivers
Ride-hailing operator Bolt is to launch a pension scheme for its 65,000 UK registered private hire vehicle drivers from 1 May 2024.Through the scheme, which is provided by Aviva, drivers will be able to contribute 5% of their fees from every completed trip into their pension pot, to which Bolt ...
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ArticleAvanti West Coast train drivers receive overtime shift fee increase
Credit: Mark D Bailey / Shutterstock.comTrain drivers employed by Avanti West Coast will receive an increase in their overtime shift fees to £600 as part of a deal with trade union Associated Society of Locomotive Engineers and Firemen (Aslef).The trainline operator covers the west coast main line between London, Manchester ...
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ArticleDurham University to increase pay in line with real living wage
Credit: SreeM / Shutterstock.comDurham University has announced that it will update its pay rates in line with the real living wage as of 1 April.This means that its workers under the university’s casual pay rates one and two, such as student ambassadors and students who work for a college, will ...
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ArticleSingle parents have lowest average income for both men and women
Single parents have the lowest average income for both men and women, according to research by workplace pension provider Now: Pensions and the Pensions Policy Institute (PPI).The underpensioned: defining the gender pension gap report revealed that single mothers earn 53% less than the average man and 37% less than the ...
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ArticleThe top 10 most-read articles between 15 - 21 March 2024
The top 10 most-read articles on employeebenefits.co.uk between 15 - 21 March 2024 were: Vivup and Perkbox combine to become one organisationPrimark to increase pay for 27,000 employeesManchester United in court action after HR data breachDeliveroo launches free and flexible childcare hours benefitCisco, Hilton and DHL Express among UK’s Best ...
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ArticleEmployees named David and Sarah more likely to earn higher salaries
Something for the weekend: Employees named David and Sarah are more likely to earn the most, according to research by Furniture At Work.The furniture supplier used LinkedIn data to determine the highest-paying vacancies and the most popular names for people in those roles.It looked at job titles most frequently advertised ...
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ArticleHolland and Barrett to increase hourly pay for store employees
Health and wellbeing retailer Holland and Barrett has announced that it will increase its hourly pay for store employees by 9%, almost 5% above the new national living wage.The retailer has more than 1,000 stores across 19 countries worldwide, with 5,000 employees in the UK.As of 1 April, nationwide employees ...
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Supplier articleEmployee money worries... Removing the stigma. Providing the solution
It’s Debt Awareness Week, so, like the campaign, we’re exploring why employees aren’t sharing their money worries with their employers or seeking professional support. There’s a stigma. Money often remains a taboo subject in the workplace, yet employees with money worries bring their stress to work, directly ...
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Case StudiesBenefits on offer at Egress
The benefits on offer at Egress:PensionsDefined contribution pension scheme, with 5% employee contributions and 4% employer contributions.Group riskLife assurance at four-times salary.Healthcare and wellbeingPrivate medical insurance (PMI) scheme, employer paid for all employees following probation. Employees have the option to add cover for a partner or dependents through salary deductions.Employee ...
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Supplier articleMany struggling to make ends meet
Yet only 9% of workers would seek help from their employer if they were struggling with debtEmployers are being encouraged to support employees who are struggling financially this Debt Awareness Week (18th – 24th March), which was created to increase awareness of problem debt and the advice and solutions ...
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ArticleAsda introduces later-life care advice and mortgage advice benefits
Supermarket Asda has introduced a later-life care advice and mortgage advice benefit for its 150,000 employees.The later-life care advice benefit, offered by Legal and General’s Care Concierge service, provides employees with confidential one-to-one telephone services where they can receive support and advice about later-life care for their loved ones.The benefit ...
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ArticlePrimark to increase pay for 27,000 employees
Retailer Primark is to increase hourly pay for 27,000 retail employees so they benefit from an average 9.1% pay rise.From 1 April, the organisation will increase its average hourly pay rates for all retail assistants across England, Scotland and Wales from £11 to £12, and from £11.51 to £12.56 for ...