All Financial wellbeing articles – Page 41

  • Asda reports 8.4% mean gender pay gap
    Article

    Asda ends premium pay trial for grocery delivery drivers

    2022-10-12T09:55:02Z

    Supermarket chain Asda has announced that, as of on 21 October, it will end the £1.50-an-hour pay premium introduced in the summer to help attract and retain grocery delivery drivers.More than 1,500 drivers who deliver from certain London stores, including Charlton, Wembley and Colindale, as well as outlets in Bristol ...

  • sipsmith
    Article

    EXCLUSIVE: Sipsmith introduces financial wellbeing support

    2022-10-12T09:36:52Z

    Drinks brand Sipsmith has launched an all-in-one financial wellbeing solution for its more than 60 UK employees, to help with their financial education.The platform, provided by Bippit, offers staff access to professional financial coaches and money management tools to help them make the most of their salary and navigate the ...

  • TotallyMoney
    Article

    TotallyMoney hires new head of people and culture

    2022-10-12T08:00:00Z

    Credit app TotallyMoney has named Amanda Connolly (pictured) as head of people and culture.Connolly was recruited to work closely with the management team to shape the people and culture strategy. She has more than two decades of experience at Sainsbury’s and Save The Children UK, and has more than 15 ...

  • virgin media o2
    Article

    Virgin Media O2 launches £1,400 cost-of-living payment and improved leave policies

    2022-10-10T10:19:43Z

    Virgin Media O2 has introduced a support payment for employees, alongside flexible leave policies, as part of its ambition to become more inclusive and equitable.The business, which employs around 18,000 people in the UK, has awarded employees who earn £35,000 and under a £1,400 support allowance to assist them with ...

  • Eden Hotel Group
    Article

    Eden Hotel Group unveils holistic wellbeing strategy

    2022-10-10T09:53:14Z

    The Eden Hotel Group has launched an employee wellbeing strategy for its more than 450 members of staff, to coincide with World Mental Health Day (10 October).The strategy was shaped by a staff survey, which found that 81% were feeling negatively affected by the current financial situation, 62% suffered from ...

  • Neil-Goodwin-EB-Live-speaker
    Article

    EXCLUSIVE: Wickes leverages benefits schemes to bring cost savings

    2022-10-07T09:38:38Z

    Employee Benefits Live 2022: Home improvement retailer Wickes has made a number of changes to its benefits schemes to bring cost savings to the business, while also supporting the financial wellbeing of staff.Addressing delegates at Employee Benefits Live 2022 in a session entitled ‘How to structure a compelling cost-effective benefits ...

  • HighRes_Billy-Bolton_MoreySmith_Sony-Music-KX-3_1331
    Article

    Sony Music UK launches childcare funding scheme

    2022-10-05T08:45:02Z

    Sony Music UK has introduced a policy that allows some of its parent employees to receive a financial contribution towards childcare costs for pre-school age children.The scheme provides lower and middle earners with up to a maximum of £15,000 funding per year towards the cost of childcare during working hours. ...

  • image-2
    Article

    Saga awards lowest-paid staff £1,000 cost of living payment

    2022-10-04T09:55:22Z

    Saga, a provider of products and services for people aged 50 and over, has given its lowest-paid employees a £500 cost of living payment in their latest pay packet.The business, which employs more than 2,500 people, informed its workforce of this decision in an internal memo. It also outlined plans ...

  • iGO4
    Article

    iGO4 signs Menopause Workplace pledge and covers HRT cost for staff

    2022-10-03T09:51:59Z

    Digital insurance business iGO4 has pledged to cover the cost of hormone replacement therapy (HRT) for employees, and has signed the Menopause Workplace pledge.The firm, which employs around 300 members of staff, signed the pledge in order to demonstrate its commitment to recognising the impact of the menopause, and the ...

  • arti-2
    Supplier article

    4 key lessons for HR from the latest HR and employee benefits research

    2022-09-30T11:29:00Z

    Recently we pulled together insights from some of the HR industry’s most important research into one article to give us an idea of how the world of work is looking, covering a range of topics, including financial wellbeing, health and wellbeing and recruitment and retention. They also ...

  • Skanska UK launches electric vehicle company car policy
    Article

    Skanska UK to give 1,300 employees one-off £750 payment

    2022-09-30T10:27:54Z

    Skanska UK has invested almost £1 million to provide a one-off cost-of-living support payment to 1,300 of its 3,300 members of staff.The 1,300 lowest paid Skanska UK employees will be given a one-off bonus payment of £750 in November 2022, in order to help them address the challenges of rising ...

  • Amazon extends pay benefits for U.S. and Canada employees
    Article

    Amazon invests $1 billion in increased US wages

    2022-09-30T10:17:23Z

    Retail business Amazon has committed to invest almost $1 billion (£895.4 million) into raising its hourly paid US employees’ wages, and expanding its wage access programme, as of October.The average hourly pay for front-line staff in customer fulfilment and transportation will increase from $18 (£16) per hour to more than ...

  • debbie-lovewell-tuck
    Opinion

    Lovewell's logic: Will staff look to employers for support on rising mortgage rates?

    2022-09-30T10:12:54Z

    A week on from the government’s Mini Budget, and many individuals and employers are still working through the ramifications and exactly what it means for them.The challenges many households are currently facing due to the cost-of-living crisis are well documented. However, with interest rates now expected to rise following the ...

  • Deeset-25
    Article

    Dee Set Group introduces flexible pay and financial wellbeing support

    2022-09-30T09:52:40Z

    Retail solutions firm Dee Set Group has introduced financial wellbeing support for its more than 3,000 employees in the form of an earned wage access platform and financial coaching as of this week.Provided by Wagestream, the system allows employees to draw up to 50% of their salary out at any ...

  • currys
    Article

    Currys gives staff second pay rise for 2022

    2022-09-30T09:46:51Z

    Technology retailer Currys has introduced a pay rise of 3.5% for its 10,000 hourly paid UK staff as of 30 October, announced just one month after a previous increase came into effect.Hourly rates have been increased by to £10.35 per hour?and £11.43 in?London, in what is the third raise in ...

  • 29 September 2022
    Article

    The top 10 most-read articles between 23 - 29 September 2022

    2022-09-30T08:00:28Z

    The top 10 most-read articles on www.employeebenefits.co.uk between 23 and 29 September 2022 were: Government scraps 45% tax rate on incomes above £150,000Natwest Group replaces paternity leave with inclusive partner policyGovernment drops income tax basic rate to 19% one year earlyHSBC UK and Bristol Myers Squibb named among top menopause ...

  • NDreams-747x500
    Article

    NDreams increases annual salaries by £1,000

    2022-09-29T09:29:12Z

    Virtual reality game developer NDreams has increased the yearly salary for each of its 180 full-time employees by £1,000, in order to address rising UK energy bills.The business is headquartered in Farnborough, Hampshire, with many of its staff working on a hybrid or remote basis. It has increased salaries for ...

  • Ray-of-sunshine-132413567
    Analysis

    Are employers doing enough to support employees’ mental health in today’s climate?

    2022-09-29T05:00:56Z

    There are a range of measures that employers can implement to help break the stigma surrounding mental health and offer support to their workforce.Identifying a wellbeing lead or training employees as mental health first aiders can be a first step to creating a support strategy.As cost-of-living increases continue to affect ...

  • Springwell School
    Case Studies

    Springwell School benchmarks workplace wellbeing with tools and support

    2022-09-29T05:00:53Z

    Springwell School, a primary school for children aged 4-11 years with complex learning difficulties which employs 231 members of staff, introduced a new digital mental health provider in September 2022.All of its teachers, teaching support staff, on-site staff and governors, as well as the partners of employees or one family ...

  • HardSoft
    Article

    EXCLUSIVE: HardSoft introduces financial wellbeing support

    2022-09-28T10:51:45Z

    Hardware and software leasing business HardSoft has launched a financial wellbeing platform for its workforce to help them navigate the cost-of-living crisis.The platform, which is provided by Bippit, offers access to professionally qualified financial coaches, as well as a suite of financial wellbeing tools. The service is free for the ...