All Financial wellbeing articles – Page 49
-
ArticleAlexander Dennis staff to strike over pay
Credit: AL Robinson / Shutterstock.comEmployees of bus manufacturing firm Alexander Dennis commenced strike action today (13 September) following their rejection of a wage offer from the employer.Coach builders and spray painters, who are members of trade union Unite, are based at Camelon manufacturing site and Larbert corporate headquarters in Scotland. ...
-
Case StudiesThe benefits offered by AG Parfetts and Sons
Benefits on offer at AG Parfetts and Sons:Pension and group riskGroup personal pension (GPP) for all employees, with a 5% employee and 5% starting employer contribution, up to a maximum of 10% with long service.Employer paid group income protection for senior management teams.Death in service paid at four times salary ...
-
Case StudiesPodcast: AG Parfetts and Sons centres benefits strategy around employee wellbeing
tynanbarton · AG Parfetts & Sons/Employee Benefits podcastListen: As an employee-owned business, AG Parfetts and Sons ensures that its benefits strategy reflects the interests of its employees.In the past few years, the cash and carry business has adapted its offering in recognition of the impact that the Covid-19 (Coronavirus) pandemic ...
-
ArticleNorwich City Council launches living wage place initiative
Credit: Wirestock Creators / Shutterstock.comA coalition of local businesses, charities and public sector organisations, forming the Making Norwich a Living Wage City Action Group, has launched its plan to increase the number of accredited living wage employers in the city.The group is comprised of Norwich City Council, Aviva, City College ...
-
Article58% say flexible working helps with living costs
Almost six in 10 (58%) hybrid workers said flexible working has helped them to manage the increased cost of living, according to research from Glassdoor.Around 2,000 UK office workers were surveyed to further understand the impact of successful hybrid working patterns on employees, and found that 23% admitted commuting has ...
-
ArticleYou at Work awards staff £500 cost-of-living bonus
Employee benefits provider You at Work has awarded its staff a £500 bonus, to be paid in November, in response to rising inflation and the cost-of-living crisis.The bonus will be given to all staff except for the four senior management team members.The provider made this announcement at its recent financial ...
-
ArticleThe top 10 most-read articles between 2 September - 8 September 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 2 September and 8 September 2022 were: Convention of Scottish Local Authorities agrees to 5% pay riseUnion to take Deliveroo to Supreme Court over collective bargaining rightsBritish Airways returns annual leave to pre-pandemic levels for engineersGovernment launches NHS pension changes consultation Balfour ...
-
ArticleSky gives employees £1,000 cost-of-living payment
Credit: philip openshaw / Shutterstock.comBroadcaster and telecommunications business Sky has awarded 70% of its UK and Ireland workforce £1,000 to help ease the pressures of the cost-of-living crisis.The £1,000 payment will be given to UK-based staff, while employees based in Ireland will receive the equivalent in Euros. It will be ...
-
ArticleEXCLUSIVE: HelloFresh expands financial wellbeing service across UK offices
Meal kit business HelloFresh has rolled out a financial wellbeing platform to an additional 120 UK employees this month, to ensure access for its 582-strong office-based workforce.The platform, provided by Bippit, offers free access to professionally qualified financial coaches, able to confidentially deal with concerns or questions they have through ...
-
ArticleItsu gives staff up to 13% pay rise
Asian restaurant and grocery chain Itsu has awarded its 1,200-strong workforce a pay rise of up to 13% to help them cope with the rising cost of living in the UK.The chain’s investment will see entry-level pay boosted to a minimum of £11.50 per hour, which is almost 20% higher ...
-
Article24% think their employer could offer more cost-of-living support
Nearly one-quarter (24%) of UK workers thought that their employers could be supporting them more during the cost-of-living crisis, according to new research from online printer service Instantprint.The survey of 1,000 UK employees found that 45% said that pay rises and bonuses would help with the cost-of-living and 44% wanted ...
-
Supplier articleHalf of young adults have reduced or stopped regular saving as a result of the cost of living crisis
Half (50%) of 18–34 year olds say the increase in the cost of living has meant that they have reduced or stopped any regular savings. This is compared to over two fifths (42%) of all UK adults, and more than a third (32%) of those aged 55 and over, according ...
-
Article32% have given staff a cost-of-living pay rise
Employee Benefits poll: Almost one-third (32%) of employers have implemented pay rises for their employees in order to support them through the current cost-of-living crisis.Approximately one in 10 (11%) respondents to an online survey conducted by Employee Benefits earlier this month said that they have given their employees a one-off ...
-
ArticleCumbria Deaf Association gains living wage accreditation
Cumbria Deaf Association has committed to paying its staff the living wage rate in order to reflect the current financial climate, gaining accreditation as a living wage employer.According to the charity, this will directly affect four of its eight employees. It has introduced the higher rate in part because it ...
-
ArticleEXCLUSIVE: Lintbells launches financial wellbeing platform and cost-of-living bonus
Natural animal health supplement business Lintbells has rolled out a financial wellbeing platform for its 160 members of staff.Using the platform, provided by Bippit, employees will have free access to Financial Conduct Authority-regulated financial coaches matched to their needs, in order to help them achieve their goals and plan for ...
-
OpinionLovewell's logic: Will the cost of living impact working arrangements?
Could the rising cost of living soon influence employees’ attitudes to hybrid working?Over the past few years, hybrid working has increasingly become the norm for millions of employees, with many keen to continue working from home for at least part of the week. In many cases, where employers have stipulated ...
-
ArticleThe top 10 most-read articles between 26 August - 1 September 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 26 August - 1 September 2022 were: More than 80% of employers help staff with cost-of-living riseWest Brom Building Society gives staff one-off £1,200 paymentFour-fifths think employers should help with rising living costsBelfast City Council introduces extended bereavement leaveFormer Turner Contemporary employee ...
-
ArticleCartwright Group gives employees one-off £1,000 payment
Pension services provider Cartwright Group has awarded its staff a one-off £1,000 payment in order to help with the current cost-of-living crisis.This is in addition to employees’ salary, profit share, and other performance-related bonuses, and employees have already received the payment in their pay checks.Ian Cartwright, founder and chairman of ...
-
ArticleJohn Lewis Partnership to give free meals to staff this winter
John Lewis Partnership has introduced a policy giving free meals to all staff working for John Lewis and Waitrose this winter, to support them during the cost-of-living crisis.As of 3 October, the policy will apply to all partners in both shops across the distribution network, as well as those working ...
-
Case StudiesIpsos supports culture of financial wellbeing with suite of savings schemes
With a background as a pensions consultant, Michaela O’Reilly, head of reward, was keen to develop a culture of financial wellbeing when she joined market research firm Ipsos six years ago.Initially the focus was on pensions, with the employer hosting sessions to raise awareness among staff around the need to ...