All articles by LouronPratt – Page 10
-
ArticleSiemens rewards employees with €1,000 bonus
Global technology organisation Siemens is rewarding its employees with a special one-time bonus to recognise them for their hard work during the Covid-19 (Coronavirus) pandemic.Over 300,000 employees globally, except for senior managers, will receive up to €1,000 (£899) in a one-time payment. The new bonus, paid to employees by the ...
-
ArticleIkea introduces pay freeze for UK employees
Swedish retailer Ikea has introduced a pay freeze for its UK employees to deal with the ramifications of the Covid-19 (Coronavirus) pandemic.The organisation, which haspausedpay reviews to solidify its financial positioning over the coming months, has also put on hold its plans to become accredited as a real living wage ...
-
OpinionLucy Lewis: What the extension of the furlough scheme means for employers
The Coronavirus Job Retention Scheme (CJRS) had been expected to end on 31 October 2020, but Boris Johnson, UK prime minister, announced the very same day that it would be extended until December 2020 in light of new lockdown measures introduced in England.The CJRS aims to keep people in work ...
-
ArticleBecton, Dickinson and Company ordered to pay $100,000 in back wages
New Jersey-based medical organisation Becton, Dickinson and Company has been ordered to pay 104 African American female employees £100,000 (£76,606) in back wages by the US Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP).The organisation was found to have paid 104 African American women working in hourly-paid manufacturing ...
-
ArticleWPP defers bonus payments
Image credit: The DrumCommunications organisation WPP has postponed its bonus payments for 2020 due to the financial ramifications of the Covid-19 (Coronavirus) pandemic. The organisation has a performance-related bonus structure in place allowing employees below board-level to receive an extra annual payment based on how well they perform during the ...
-
ArticleHogan Lovells returns newly qualified lawyers to full pay
International law firm Hogan Lovells will return its newly qualified associates to full pay following the cuts that were put in place due to the Covid-19 (Coronavirus) pandemic. InApril, the organisationintroduced pay cuts for newly qualified lawyers in London and Birmingham, with their pay being reduced to £85,000 and £46,000 ...
-
ArticleAegon signs Race at Work charter to address racial inequality
Financial services organisation Aegon has signed the Race at Work charter, committing to address the issues that employees from ethnic minority groups face in the workplace.The race charter, created in partnership with the UK government and charity Business in the Community (BITC), has set out to improve the workplace quality ...
-
ArticleRina Pandya: What can employers do to lift team spirits and combat potential isolation in winter?
At the beginning of this year, we could never have imagined how different our way of working would become. Many employees have had to adapt to remote working, with the workplace reinventing itself in home offices and around dining tables. This transition has been challenging, however, as the year draws ...
-
ArticleGeorgina Cameron: What can employers do to lift team spirits and combat potential isolation in winter?
We have learned a lot in 2020, whether that is working out how to wear a face mask without steaming up your glasses or discovering how to be comfortable with seeing yourself on video calls. However, as we move into the darker months, the main lesson I will be taking ...
-
ArticleRobert Green: What can employers do to lift team spirits and combat potential isolation in winter?
There is no doubt the world has changed dramatically this year, having a significant impact on the way we live and work. With winter looming and employees still predominantly working from home, we need to be conscious that employees may feel isolated.That is why at Colt, our main aim is ...
-
ArticleWelsh social care staff to receive full sick pay
Social care staff working in Wales will receive enhanced sick pay entitlements to support them financially during the Covid-19 (Coronavirus) pandemic, effective 1 November.The new scheme, which has been put in place until 31 March 2021, will ensure that all social care staffworking in care homes, domiciliary care and personal ...
-
ArticleDisability pay gap in the UK stands at 20% for 2020
The current disability pay gap for employees in the UK stands at 20%, according to research by the Trades Union Congress (TUC).The Disability employment and pay gap 2020 report, published October 2020, which based its findings on disabled men and women in employment in the UK, found that disabled female ...
-
ArticleGovernment extends Coronavirus Job Retention scheme
The government has extended its Coronavirus Job Retention Scheme (CJRS) until December 2020 to support those most impacted by the most recent measures put in place due to the Covid-19 (Coronavirus) pandemic.The government, under the new extension will pay up to 80% of employees' wages, with a cap of £2,500, ...
-
ArticleLloyds Banking Group cancels bonus payments for senior staff
Financial services organisation Lloyds Banking Group has cancelled its bonus payments for 2020 to deal with the financial constraints of the Covid-19 (Coronavirus) pandemic.The organisation, which employs 65,000 staff, made the decision to cancel its bonus and pay reviews due to the £602 million tax loss that Lloyds Banking Group ...
-
ArticleIpsos Mori wins Grand Prix at Employee Benefits Awards 2020
Market research organisation Ipsos Mori was awarded the coveted Grand Prix title at the Employee Benefits Awards 2020.The organisation impressed the judges with its approach to mental wellbeing and the overhaul of its defined contribution (DC) pension scheme strategy. The Grand Prix is awarded to the winner of one of ...
-
ArticleThe Office for Standards in Education gives 85% of staff performance-related pay
More than four-fifths (85%) of employees working for The Office for Standards in Education (Ofsted) departments have received non-consolidated performance-related payments (NCPRP).The data, published by the Department for Education (DFT) in its 2018-19 report, found that some employees at Ofsted earned as much as £5,000, with the median payment standing ...
-
Analysis
Support and counselling: Wellbeing in numbers
!function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement("script");o.async=1,o.id=n,o.src="https://e.infogram.com/js/dist/embed-loader-min.js",d.parentNode.insertBefore(o,d)}}(document,0,"infogram-async");
-
ArticleThe top 10 most-read stories between 22– 28 October
The top 10 most-read stories between 15 October and 22 October on www.employeebenefits.co.uk were: The government revises Job Support Scheme to pay higher amount of employees’ wagesLloyds Banking Group extends remote-working policyUBS rewards 25,000 employees with £30 million bonus potArsenal midfielder Mesut Ozil offers to pay club mascot’s salaryReddit introduces ...
-
ArticleChief executive at Love Energy Savings runs daily workouts to boost staff morale
Something for the weekend: The boss of electricity and gas organisation Love Energy Savings has awakened his potential in the fitness industry by leading daily video workouts for his employees.Phil Foster, chief executive at Love Energy Savings took the bull by the horns and put on his gym shorts, got ...
-
ArticleFoodhub hires Sophia Sodhi as group HR director
Food service organisation Foodhub has appointed Sophia Sodhi as its new group HR director.Sodhi (pictured) will be working closely with the senior leadership team to grow its team and drive the organisation's overall growth. Sodhi joins Foodhub with over 15 years of experience in the HR industry, working at financial ...