All Financial wellbeing articles – Page 59

  • University of Sheffield cancels plans to introduce pay freezes and cuts
    Article

    University of Sheffield to pay staff £10 per hour

    2021-10-20T11:38:19Z

    The University of Sheffield has announced that it will pay all of its employees a minimum of £10 per hour from 1 November 2021 following threats of industrial action this month (October).This will affect around 400 members of staff including university cleaners, with the majority working 17.5 hours per week ...

  • Stagecoach
    Article

    Stagecoach staff strike amid pay rise dispute

    2021-10-19T08:06:59Z

    Stagecoach driver employees across south Wales have begun to take part in planned strike action due to a breakdown in talks with over pay.Members of the Unite Wales Union started the industrial action at 2am this morning (Tuesday) in the Brynmawr, Cwmbran and Blackwood depots, as they want a pay ...

  • Pandora
    Article

    Pandora becomes living wage employer

    2021-10-19T08:03:14Z

    Copenhagen-headquartered jewellery brand Pandora has announced that it is paying its UK retail employees the current living wage of £9.50 per hour as of yesterday (18 October).The business, which has more than 160 owned and operated stores in the UK and Ireland and employs 1,200 people in its retail teams, ...

  • Clipper-Logistics
    Article

    EXCLUSIVE: Clipper Logistics launches financial wellbeing policy

    2021-10-19T08:01:03Z

    Clipper Logistics has announced that it has rolled out a financial wellbeing policy built around flexible pay in order to remove the locked pay cycle as of today (19 October).Based in Leeds, UK, the logistics solutions business that employs more than 9,000 team members across more than 50 distribution centres, ...

  • EXCLUSIVE: 44% of employers support staff at retirement
    Article

    46% of staff aged 35-54 are unaware of their retirement income

    2021-10-15T08:00:36Z

    New data has revealed that almost half (46%) of employees aged 35-54 do not know how much income their pension will provide them with in retirement.Research by Invesco, Invesco Consulting, Maslansky and partners and Nest Insight looked at how simple changes to the use of language could help workers in ...

  • Mark-Ormston
    Opinion

    Mark Ormston: Key considerations to introducing a salary sacrifice pension scheme

    2021-10-14T05:00:09Z

    When introducing a salary sacrifice pension scheme, early engagement with payroll is key, as it is vital to involve them as soon as possible in the discussions. An employer may discover the systems or software currently being used have certain limitations or missing functionality to meet desired requirements.Employers should consider ...

  • Ideal-Carehomes
    Article

    Ideal Carehomes gives staff 5% pay rise

    2021-10-13T15:57:08Z

    Ideal Carehomes, a residential and dementia care provider, has awarded a 5% salary increase to all hourly paid staff as part of a £1.5 million per annum investment.According to the business, which employs more than 1,300 people across 27 care homes in Yorkshire, the North West and the Midlands, this ...

  • Amazon rewards front-line employees with appreciation bonus
    Article

    Amazon delivery drivers launch employee rights claim

    2021-10-13T09:18:01Z

    Thousands of Amazon delivery drivers have instigated an employee rights claim regarding pay with law firm Leigh Day today (13 October).According to firm, at least 3,000 drivers could be eligible for a total of £140 million in compensation because being classified as self-employed delivery service partners means they do not ...

  • Hitachi Solutions reports mean gender pay gap of 22.2%
    Article

    Gender pay gap widens and 10% of employers fail to report

    2021-10-08T13:19:51Z

    Analysis of employers’ submissions to the gender pay gap reporting service show that one in 10 employers have not complied with the regulations this year. For those that have, the median figure for the hourly pay gap rose from 9.5% to 10.4%, meaning women earn 90p for every pound earned ...

  • Alan-Becken
    Article

    EXCLUSIVE: Shell urges staff to be financially educated and in control

    2021-10-08T10:11:58Z

    Employee Benefits Live 2021: Everyone has the right to feel in control of their finances in order to make informed decisions, stated Alan Becken, HR policy and benefits specialist at Shell.During the panel discussion titled ‘Pro-actively supporting employees’ financial wellbeing’ that also featured David Glennon, reward manager at Trayport, on ...

  • Joeli-Brearley
    Article

    EXCLUSIVE: Pregnant Then Screwed: Time to tackle the motherhood penalty

    2021-10-08T09:20:30Z

    Employee Benefits Live 2021: The Covid-19 (Coronavirus) pandemic has “turbo-charged” discrimination against working mothers and pregnant women, and employers must turn this around, according to Joeli Brearley, founder of campaign group Pregnant Then Screwed.“This is a key time for all of us. As ambitious employers and HR professionals you are ...

  • Confessions
    Article

    Confessions of a benefits manager: Candid gets money wise

    2021-10-08T08:00:09Z

    Big Bad Boss is just back from a conference. The first chance we get to do something interesting in real life, and he decides to go without me. Huff. He’s come back raving about a new supplier in the wellbeing space, a firm that is offering a new type of ...

  • Hazel-Robinson
    Article

    EXCLUSIVE: Arsenal Football Club empowers staff to talk about wellbeing

    2021-10-07T08:15:03Z

    Employee Benefits Live 2021: The world completely changed as a result of the Covid-19 (Coronavirus) pandemic, bringing hybrid and remote working conversations to the forefront, stated Hazel Robinson, reward and benefit partner at Arsenal Football Club.During the panel discussion titled ‘Learnings from supporting employees in 2020 and beyond’ on the ...

  • Asos_
    Article

    Asos launches health-related leave policies

    2021-10-07T05:00:13Z

    Asos has unveiled a packaged of policies to support employees through health-related life events, regardless of their sex or circumstances.Employees can take time away from work for events such as pregnancy loss, fertility treatment, cancer treatment, gender reassignment surgery, and to manage menopause symptoms.Asos CEO Neil Beighton said: "All of ...

  • Financial-wellbeing-benefits-must-improve
    Article

    45% of female staff have financial anxiety

    2021-10-06T08:10:25Z

    Almost half of female employees (45%) feel more financial anxiety than they did before the Covid-19 (Coronavirus) pandemic compared to 38% of men, according to new findings.Close Brothers’ report, Expecting the unexpected: a spotlight on preparing for a crisis, included responses from 2,000 UK-based employees working for businesses with 200 ...

  • Employee Benefits Live postponed until October 2021
    Article

    Employee Benefits Live 2021 set to welcome delegates at ExCeL London

    2021-10-05T08:00:45Z

    Employee Benefits Live 2021 is back and for the first time since 2019 will be welcoming delegates in-person to this key industry event, taking place at ExCeL London on 6-7 October 2021.This exciting and stimulating two-day conference and exhibition, which is the largest dedicated reward and benefits event in Europe, ...

  • EG-Group
    Article

    EG Group gives pay rise to 10,500 UK staff

    2021-10-01T10:06:03Z

    Petrol station giant EG Group, owned by the billionaire Issa brothers who recently bought Asda, has given its 10,500 UK employees a pay rise, which takes effect today (1 October).The increased rates of pay will apply across all of EG’s petrol filling stations and foodservice brands throughout the UK, with ...

  • EB-Awards-3
    Article

    Achieving dreams at Employee Benefits Awards 2021

    2021-10-01T08:31:47Z

    The Employee Benefits Awards 2021 continues to draw closer every week, as the 19th annual event is set to take place in six weeks’ time and will be returning to an in-person ceremony.The finalists for the 23 accolades at this year’s awards have now been revealed and all of the ...

  • Shares
    Article

    Pandemic prompts employees to invest in shares

    2021-10-01T08:00:36Z

    The Covid-19 (Coronavirus) pandemic has triggered record levels of staff investing in shares through Save As You Earn (SAYE) and Share Incentive Plans (SIP), according to the latest research by employee share ownership watchdog ProShare.The organisation's SAYE & SIP report 2020 revealed that those participating in these schemes are on ...

  • financial-support
    Article

    64% of furloughed employees had more than financial support

    2021-09-30T10:38:52Z

    New research has revealed that nearly two-thirds (64%) of employees received some form of support other than financial while on furlough.Canada Life surveyed 500 furloughed UK adults and found that among those who received consistent support on furlough, 58% said this was through regular communication, 34% cited virtual check-ins and ...