All Financial wellbeing articles – Page 9
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ArticleScottish Power Energy Network workers accept pay increase
Credit: Vivid Brands / Shutterstock.comWorkers employed by Scottish Power Energy Network have accepted an improved pay offer.The workers are based throughout the UK and are members of trade union Unite.The two-year deal will see a minimum 5.5% rise for all employees within the first year, with some receiving an additional ...
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ArticleNext workers win equal pay claim
More than 3,500 workers and former employees of Next have won a six-year equal pay claim. An employment tribunal ruled that Next failed to demonstrate that paying sales consultants, who are mostly women, lower hourly pay rates than warehouse operatives, who tend to be men, was not ...
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Supplier articleTop 10 money tips for those entering the workplace
With many students set to enter the workplace in September, WEALTH at work shares the top 10 money tips that Graduates and School Leavers starting work will need to know.1. Make sense of payslips - For those starting out in the workplace, the first payslip can be very confusing. A ...
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AnalysisHow to help staff trace and consolidate small pension pots
Credit: Dilok Klaisataporn/ShutterstockNeed to know:Significant amounts of money are tied up in small pension pots, many of which may have been forgotten.The Pensions Tracing Service can help people reconnect with lost pensions.Employers can help staff with this process and engage with pensions more generally.The UK is sitting on a ticking ...
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OpinionRichard Branson: Prepare for proposed increases to national minimum wage
In April 2024, the previous Conservative government increased the national minimum wage (NMW) for people over the age of 23 from £10.42 per hour to £11.44, a rise of 9.8%. The NMW rate for 21 and 22-year-olds also moved to £11.44 per hour from its previous rate of £10.18, representing ...
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ArticleScottish Borders Housing Association staff accept 5.5% pay rise
Around 160 workers at Scottish Borders Housing Association have accepted a 5.5% pay rise and improvements to their working conditions as of this week.The employees are based at the association and charity’s Selkirk headquarters and are members of trade union Unite. They work in trades roles, including joiners, painters, plumbers, ...
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ArticleRingwood Town Council accredited as living wage employer
Ringwood Town Council in Hampshire has been accredited as a living wage employer as part of its commitment to fair pay for its employees. Every worker aged 18 and over at the council will now receive a minimum hourly wage of £12 as part of the accreditation. ...
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ArticlePioneering Care Partnership becomes living wage employer
Health and wellbeing charity Pioneering Care Partnership (PCP) has received living wage employer accreditation as part of its commitment to support its workforce.As part of the accreditation, each PCP employee will receive a minimum hourly wage of £12, which is the real living wage rate for workers across the UK. ...
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ArticleChancellor launches pensions system review
Chancellor of the exchequer Rachel Reeves has launched a review to boost investment, increase saver returns and tackle waste in the pensions system. The review will be led by minister for pensions Emma Reynolds and will focus on defined contribution workplace schemes and the Local Government Pension ...
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ArticleCare UK provides free access to discount service for 10,500 employees
Care home organisation Care UK has introduced free access to a discount service for its more than 10,500 employees across its 155 homes and support centre functions. As part of a partnership with Blue Light Card, which is a discount platform for employees who work in emergency ...
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ArticleGo North West receives real living wage accreditation
Bus organisation Go North West, a Bee Network franchise operator in Greater Manchester, has received real living wage accreditation as part of its commitment to ensure its 1,000 employees are paid fairly for the work they do.The accreditation will see every Go North West employee receive a minimum hourly wage ...
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ArticleThe top 10 most read articles between 9 - 15 August 2024
The top 10 most read articles between 9 - 15 August 2024 on employeebenefits.co.uk were: Manager on sick leave for four years not unfairly dismissed Heineken UK hosts townhall show dedicated to diversity, equity and inclusion Job Centre security guards across England strike over pay Employee ...
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Supplier articlePluxee UK Answers the Question: What is a Prepaid Card?
You’re looking to integrate employee rewards and financial wellbeing benefits into your people strategy, but navigating the options can be overwhelming. From prepaid cards and cashback cards to vouchers and one-time payments, selecting the right solution for your team and business can be time-consuming. Since time is ...
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ArticleJob Centre security guards across England strike over pay
Credit: Richard Oldroyd / Shutterstock.comMore than 1,500 Job Centre security guards based in locations across England are taking part in a week-long strike in a pay dispute.The workers are employed by G4S, on behalf of the Department for Work and Pensions (DWP), and are members of union GMB. The strike ...
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ArticleJiffy Packaging staff in Cheshire strike over pay dispute
More than 50 workers employed at the Jiffy Packaging plant in Winsford, Cheshire have been on strike after receiving a pay offer from their employer that they deemed too low.The employees, who are members of trade union Unite, first went on strike for two weeks in July following a breakdown ...
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Case StudiesCo-op builds its financial wellbeing strategy on employee feedback
Co-op believes a strong financial wellbeing strategy is about more than products and services, and that employees should be supported to make great decisions.The retailer, which operates almost 2,400 food stores, more than 800 funeral homes and provides products to more than 6,000 other stores, including Nisa Retail, employs 56,000 ...
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AnalysisDo financial wellbeing strategies support employees where they really need it?
It is important to understand employees’ needs before putting any financial wellbeing strategies in place. Any employee, regardless of their salary, may be in need of financial wellbeing support, so a sensitive approach to gleaning this is desirable. Encouraging conversations about financial needs and experiences can ...
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ArticlePay growth expectations at lowest level since 2022
Pay growth expectations were found to be at their lowest level since 2022, according to new research by the Chartered Institute of Personnel and Development (CIPD).For its latest Labour market outlook report, the professional body for HR and people development surveyed 2,032 UK employers about their pay, hiring and redundancy ...
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Article60% believe their employer is not interested in supporting financial goals
Two-fifths (43%) of employers are confident that they know how to support employees to achieve their financial goals, however, 60% of employees believe their employer is not interested in supporting them, according to research by Nudge Global. Its annual Financial wellbeing report, which surveyed more than 11,500 ...
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ArticleThe top 10 most read articles between 2 - 8 August 2024
The top 10 most read articles between 2 - 8 August 2024 on employeebenefits.co.uk were: Microsoft awards staff one-off performance-based cash awardOsbornes Law launches fertility testing as a staff healthcare benefitSaudi Arabia enhances retirement age, pension contributions and maternity leaveSodexo UK and Ireland receives menopause-friendly accreditationHong Kong and Israel award ...