All Financial wellbeing articles – Page 7
-
Supplier article40% concerned about not having enough savings for unexpected costs
- Top tips to cut costs and boost savings According to WEALTH at work’s latest research of over 2,000 workers, the biggest financial concerns for the year include not having enough savings for unexpected costs (40%), not being able to save enough for the future (38%), not being able ...
-
Article49% of UK organisations’ 2024 salary budgets were lower than the previous year
Half (49%) of UK organisations reported that their 2024 salary budgets were lower than the previous year, according to global advisory, broking and solutions firm Willis Towers Watson (WTW).Its Salary budget planning report was compiled by its Rewards Data Intelligence practice. Approximately 32,000 responses were received from employers across 168 ...
-
ArticleUK women earn 35% less than men in 2024
Women in the UK earn 35% less than men in 2024, according to research by job search engine Adzuna.Its analysis of 672,311 CVs uploaded to its AI-powered CV screening tool ValueMyCV between January 2022 and March 2024 found the UK’s gender pay gap widened to 35% in March 2024, which ...
-
ArticleThe Perfume Shop implements on-demand pay
Fragrance retailer The Perfume Shop has introduced on-demand pay as part of its ongoing commitment to supporting its workforce.Through the Wagestream app, the retailer’s employees will be able to draw up to 50% of their salary out at any time of the month to help with unexpected bills, expenses and ...
-
ArticleFred Perry and Pieminister receive living wage employer accreditation
Credit: piyaphun phunyammalee / Shutterstock.comSporting and fashion brand Fred Perry and pie making business Pieminister have received real living wage employer accreditation from the Living Wage Foundation.Employees at the two organisations across the UK will now receive a minimum of £12 per hour, while those based in London will get ...
-
Supplier articleReforming A Work Culture With Powerful Appreciation: Côte Partners with Each Person
Cote is taking a powerful step in bettering the lives of a remarkable 3,000 people with the support of Each Person, marking a major milestone in their journey in building a supportive modern workplace.Each Person is thrilled to see 3,000 people receive unmatched recognition for the brilliant team of Côte. ...
-
ArticleOCS Group workers based at Edinburgh Airport accept 11.9% wage increase
Credit: Serge Cornu / Shutterstock.comMore than 100 workers employed by facilities services OCS Group at Edinburgh Airport have accepted an 11.9% increase to their basic wages.The employees help airport passengers with reduced mobility issues, including assisting with wheelchairs and ambilift vehicles.Their minimum hourly pay will rise from £10.90 to £12.20 ...
-
ArticleStagecoach bus drivers in Swindon accept pay deal
Swindon bus drivers employed by Stagecoach have accepted a pay deal worth more than 17% following a dispute over wages.The employees, who are members of trade union Unite, will see their pay increase by more than 11% in the first year and by a total of 6% in the second ...
-
ArticleTesco employees to share £30 million from share schemes
More than 20,000 Tesco employees are to share £30 million following the performance of its sharesave schemes.The staff are mainly those working in stores and distribution centres. As the schemes have now matured, they will share in a profit created by the growth of Tesco’s share price, which reached £3.06 ...
-
ArticleHealthcare assistants in North and South Tees accept pay offer
Healthcare assistants employed by North Tees and Hartlepool NHS Foundation Trust and South Tees Hospitals NHS Foundation Trust have accepted an offer regarding their pay grading and back pay.The workers, who are members of union Unison, are based at University Hospital of North Tees, University Hospital of Hartlepool, James Cook ...
-
ArticleWirral University Hospital Trust staff strike over pay
Healthcare workers employed by Wirral University Hospital Trust have begun strike action today (Monday 1 July) in a long-running dispute over pay.The employees, who are members of trade union Unite, work as recovery theatre practitioners and care for patients recovering from serious operations. They are based at Arrowe Park Hospital ...
-
ArticleTaylors Poultry Services wins appeal in travel time minimum wage case
An employment appeal tribunal (EAT) has ruled that Taylors Poultry Services, which provides labour to farms, did not have to pay workers the national minimum wage while they were travelling to work. The organisation, which employs workers on zero-hours contracts to work on poultry farms, provides minibuses ...
-
ArticleOnly 28% of employees feel employers are supporting their financial wellbeing
Nearly half (49%) of employers said they believe they are supporting their workforce’s financial wellbeing, while only 28% of employees agree, according to new research by Payroll Integrations. The technology firm surveyed 250 full-time employees and HR leaders between the ages of 18 and 65 for its ...
-
ArticleThe top 10 most read articles between 21 - 27 June 2024
The top 10 most read articles between 21 - 27 June 2024 on employeebenefits.co.uk were: Nike doubles parental leave benefit for all US employeesGraham introduces employee wellbeing app59% of staff rank financial wellbeing as most wanted support from employerGames Workshop awards employees bonus paymentTribunal rules Wrexham bakery did not make ...
-
ArticleJunior doctors take part in further strike over pay dispute
Junior doctors have begun their 11th round of strikes in England today following a long-running pay dispute.The latest strike, which saw junior doctors walk out of all services, started at 7am and is set to last until 7am on 2 July. Senior doctors will be providing cover, while NHS England ...
-
ArticleAllan Brothers becomes living wage employer
Berwick-upon-Tweed manufacturing organisation Allan Brothers has become a living wage employer as part of its commitment to improving working conditions and staff development.As a result, all employees will be guaranteed a minimum income of £12 an hour which, based on a 38-hour week, equates to £23,712 a year. This is ...
-
ArticleStaff aged over 60 feel better equipped to face rising costs
Employees aged 60 and over feel better equipped to face rising costs than those aged 44-59 and parents of young children, according to analysis by investment, protection, retirement and in-house advice specialist LV=.Its LV= Wealth and wellbeing research programme, which is its quarterly survey of 4,000 UK adults and tracks ...
-
Article59% of staff rank financial wellbeing as most wanted support from employer
Three-fifths (59%) of employees ranked financial wellbeing as the area where they want the most support from their employer over the next three years, according to a new survey by Willis Towers Watson (WTW). The global advisory, broking and solutions firm surveyed 6,000 UK employees at medium ...
-
Article39% of UK staff do not think they will be able to retire
Two-fifths (39%) of full-time UK employees do not believe they will ever be able to retire due to the rising cost of living, up from 33% 12 months ago, according to research by Wealth at Work.The financial wellbeing and retirement specialist surveyed 2,019 UK adults aged 22 and above in ...
-
ArticleMedian pay increase remains at 5% in three months to April 2024
The median pay increase across the UK economy has remained at 5% in the three months to April 2024, according to the latest analysis by Incomes Data Research (IDR).The research organisation analysed a sample of 159 pay awards effective between 1 February and 30 April 2024, covering more than 1.3 ...