All Financial wellbeing articles – Page 35

  • Parental-leave-1
    Supplier article

    Top tips to help new parents stay in control of their finances

    2023-01-19T08:40:21Z

    Expecting a baby and planning maternity or parental leave is an exciting time, but it is also important to consider the financial impact that a new arrival can bring. As the cost of living crisis continues, it is now more important than ever that new parents understand how their finances ...

  • 19th-1
    Supplier article

    What to do when you can't afford to raise salaries

    2023-01-19T08:30:54Z

    As we enter into the new year, companies across the country may be considering new ways to support their staff.Financial pressures have impacted both individuals and businesses over the past year as we all try to cope with rising prices - from energy to food to fuel.As a result of ...

  • Aldi boosts pay to above Living Wage Foundation levels
    Article

    Aldi raises warehouse staff pay

    2023-01-18T10:34:45Z

    Supermarket chain Aldi has has increased pay for its approximately 7,000 UK warehouse staff, effective from 1 February.Employees at Aldi's 11 regional distribution centres across Britain, mostly comprising hourly-paid warehouse selectors, have been put on a minimum rate of £13.18 an hour, an increase from £11.48, which was set in ...

  • EU Law
    Opinion

    Joanne Frew: The impact of the Retained EU Law (Revocation and Reform) Bill

    2023-01-18T09:00:25Z

    The political landscape has been incredibly unsettled, with three prime ministers in the space of two months. With Rishi Sunak now appointed and warning that the UK faces a profound economic challenge, it will be interesting to see what impact the new government may have on the labour market.All European ...

  • shutterstock_512665549-1
    Supplier article

    What is the impact of the cost of living crisis on people’s ability to save for retirement?

    2023-01-18T08:49:09Z

    Since the pandemic, people have been faced with a multitude of challenges impacting their finances and none more so than the cost of living crisis. Recently, the pressures on household income has raised concerns that members will look at their pension contributions as a way of cutting back on their ...

  • C659668-WAW-Cost-of-Living-Crisis-Email-WAW-848x500
    Supplier article

    Helping employees navigate through the cost of living crisis

    2023-01-17T11:51:14Z

    As the cost of living crisis deepens, the squeeze on household income is set to continue for some time, impacting the financial wellbeing of employees.Although it can be daunting, it is crucial for employees to face financial issues head on and find the most effective route to get on top ...

  • total pay growth
    Article

    Total pay growth hits strongest rate since before pandemic

    2023-01-17T11:35:27Z

    Growth in average total pay, including bonuses and regular pay but excluding bonuses, from September to November 2022 was 6.4%, according to the latest Office for National Statistics (ONS) figures.This was the strongest growth rate seen since before the Covid-19 (Coronavirus) pandemic.In September to November 2022, adjusted for inflation growth ...

  • Financial-Budgeting-tips-2-1
    Supplier article

    Taking control of your finances in 2023

    2023-01-17T11:16:36Z

    With increasing costs continually putting pressure on household finances, 2023 is set to be a financially challenging year for many. It’s therefore now more important than ever to support employees to take control of their finances to successfully navigate the cost-of-living crisis.To help, WEALTH at work, a leading financial wellbeing ...

  • pay strategies
    Analysis

    How sustainable are employers’ pay strategies?

    2023-01-17T06:00:25Z

    Record high inflation in the UK is resulting in some employers increasing pay levels in an attempt to keep up.Unless changes to pay strategy are underpinned by a clear rationale and aligned to a well-thought through reward initiative, they are at risk of being unsustainable in the long-term.Alongside one-off payments ...

  • Shoosmiths-London-entrance2-IMG_0291
    Case Studies

    Shoosmiths supports staff with sustainable pay strategy

    2023-01-17T06:00:24Z

    In 2022, London-based law firm Shoosmiths not only gave its employees a discretionary thank you payment equal to 3% of their salary in May, but also awarded them a £1,000 cost-of-living payment in September.The organisation, which employs more than 1,500 members of staff across 14 locations, also received living wage ...

  • Petrofac
    Article

    Petrofac Repsol staff accept 20.2% pay increase

    2023-01-16T11:39:28Z

    More than 200 Petrofac Repsol installations employees have accepted a salary increase of up to 20.2%, the cash equivalent of up to £18,000.The deal is the result of a year-long negotiation process undertaken with trade union Unite, and brings to a close weeks of industrial action over pay, terms and ...

  • 16th-1
    Supplier article

    5 mistakes you're making in a wellbeing webinar

    2023-01-16T08:30:00Z

    Webinars are being increasingly used by businesses to inform, teach new skills and inspire change and reflection in their target market. However, as with any kind of presentation, you’re up against waning attention spans and cynics in the audience. We’ve outlined some of the common traps businesses ...

  • Shelter
    Article

    Shelter staff secure 7% pay rise

    2023-01-13T11:52:03Z

    Credit: ClimbWhenReady / Shutterstock.comMore than 600 employees at housing and homelessness charity Shelter have accepted a 7% pay offer, ending a long-running pay dispute.The workers, who are members of trade union Unite, took part in a fortnight of strike action in London, Blackburn, Norwich, Manchester, Liverpool, Birmingham, Bournemouth, Plymouth, Newcastle, ...

  • Veolia
    Article

    Veolia gives Merseyside staff 10% pay rise

    2023-01-12T12:01:32Z

    Waste management firm Veolia has made an improved pay offer of 10% to its almost 200 members of staff in Merseyside, putting an end to planned strike action.As part of a two-year deal secured by trade union Unite, staff based at 22 household waste sites will receive a 10% pay ...

  • tails.com
    Article

    EXCLUSIVE: Tails.com implements financial wellbeing platform

    2023-01-11T11:39:43Z

    Tailored dog food delivery firm Tails.com has introduced a financial wellbeing platform for its more than 300 members of staff.The platform, provided by Bippit, gives employees access to one-to-one financial coaching with a professionally qualified Financial Conduct Authority (FCA) coach matched to their needs, after they answer questions about their ...

  • 1
    Supplier article

    How to Support Your Employees During the Cost of Living Crisis This January

    2023-01-11T11:06:56Z

    It’s all you hear on the news, ‘the Cost of Living Crisis’— a time of sky-high interest rates, food prices, and surreal energy bills. In November 2022, the UK’s inflation rate hit 10.7%, surpassing that of the US and France. Despite the introduction of price caps and new emergency policies, ...

  • Ant Donaldson: January blues
    Article

    Ant Donaldson: How do you help employees beat the January blues?

    2023-01-10T06:00:49Z

    The January blues can hit people any year. After all the fun of the festive season, the realisation that there are two more cold, dark months of winter to go, as well as counting the days to January pay day, can make it a bleak month at the best of ...

  • 9th-Jan-1
    Supplier article

    How to speak to your team about personal finances

    2023-01-09T08:30:27Z

    Conversations about finances between employers and employees can be awkward. There are often subtle moments where the more senior person’s position of authority is prominent. Staff can feel reluctant to open up about personal issues as a result, as they can potentially feel vulnerable and judged in these situations.Lots of ...

  • pay-increase.
    Article

    Chew Valley Roofing becomes accredited living wage employer

    2023-01-06T12:28:06Z

    Roofing services firm Chew Valley Roofing has become accredited as a living wage employer.The organisation has committed to pay every member of staff a minimum hourly wage of £10.90, which is higher than the government minimum for those aged 23 and above, which currently stands at £9.50 per hour and ...

  • Taylor Swift's feline friend earns £81.6 million as animal influencer
    Article

    Taylor Swift's feline friend earns £81.6 million as animal influencer

    2023-01-06T09:00:59Z

    Something for the weekend: The cost-of-living crisis is of no concern to celebrity feline influencer Olivia Benson, who has earned a whopping $97 million (£81.6 million) net worth working alongside best friend Taylor Swift.The Scottish Fold earned her fortune starring alongside Swift in several music videos, in addition to having ...