All articles by LouronPratt – Page 21
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ArticleVolkswagen Mexico gives employees a 6.5% pay rise
Volkswagen Mexico is giving over 14,000 employees a 6.5% pay rise, following on from an agreement with union party Volkswagen Automotive Industry Workers of Mexico (Sitiavw).The agreement announced this week, will give employees a 5.5% pay rise directly to their basic salary, and a 1% salary to their savings funds.The ...
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ArticleA Cut Above Landscape ordered to pay $110,602 in back wages to 85 staff
Florida-based landscaping business A Cut Above Landscape and Maintenance has been ordered to pay 85 employees $110,602 (£83,687) in back wages after an investigation by the US Department of Labor’s Wage and Hour Division (WHD) discovered it was violating federal law.The investigation found that the organisation had violated the overtime ...
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OpinionStefan Martin: The future of remote working post Covid-19
A few months ago it would have been inconceivable that so many people would have been working from home for such an extended period of time. Now employers and employees are actively considering the role of remote working when the current crisis ends.Even before the Covid-19 (Coronavirus) lockdown, the government ...
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OpinionThomas Clark: How share-based incentives can help retain and motivate key staff
As the economic fallout from Covid-19 (Coronavirus) becomes ever clearer, it is important businesses are aware of all the tools at their disposal that can help them survive these difficult times. One tool that has slipped under the radar and deserves greater recognition is share-based incentives. Share schemes help retain ...
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ArticleSiemens completes £530 million pensions buy-in transaction
German manufacturer Siemens has completed a £530 million buy-in for its defined benefit (DB) pension scheme, securing pension benefits for more than 2,000 UK-based retirees.The agreement, secured with Legal and General, builds on a previous transaction agreed in 2018.The DB scheme sits under an umbrella contract to ensure that potential ...
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ArticleBaptistCare ordered to pay employees $1 million in back wages
Australian nursing organisation BaptistCare has entered into a Enforceable Undertaking with The Fair Work Ombudsman and has been ordered to pay its employees more than $1 million (£548,000) in back wages.The business, which runs 17 residential aged care facilities, self-reported that it has underpaid more than 2,000 current and former ...
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ArticleThe Landmark London receives London Healthy Workplace Award
Luxury hotel The Landmark London has received the London Healthy Workplace Award, after being recognised for its commitment to supporting the health and wellbeing of its 350 employees.The hotel has been highly commended for its people strategy, before and during the Covid-19 (Coronavirus) pandemic, after introducing a team of trained ...
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AnalysisWhat are the most effective ways of measuring employee engagement in the current climate?
The Covid-19 pandemic has impacted employees' engagement levels, but brought challenges in how employers can measure them.Employers may find that more regular pulse surveys will give them an accurate outlook of how engaged their workforces are.Engagement apps and online tools are another method of measuring the engagement levels of a ...
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OpinionKate Cooper: Employers can use creative means to engage employees during the pandemic
Microsoft's Newly remote research, published in June 2020, analyses data on its newly remote workforce and found that across many of its customers’ businesses, a trend cropped up very quickly after the shift to remote working: virtual social meetings. In response to the lack of natural touchpoints, such as grabbing ...
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Engagement and feedback: Employee engagement measures in numbers
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ArticleDAZN appoints Shaun Conning as chief people officer
Sports streaming service DAZN has hired Shaun Conning as the new chief people officer.In his new role, Conning will manage the organisations' HR and people functions and lead its global people strategy. He will also foster diversity, inclusion, creativity and innovation.Conning comes from an HR, commercial and operations background and ...
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ArticleMicrosoft UK reports 8.3% mean gender pay gap
Microsoft UK has reported a mean gender pay gap of 8.3% for average hourly pay as at April 2019.The organisation, which currently has over 3,000 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with 250 or more ...
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ArticleNew Zealand government extends wage subsidy scheme
The New Zealand government has extended its new wages subsidy scheme by two weeks to support employees who have been affected by the Covid-19 (Coronavirus) pandemic.The wage subsidy scheme, first introduced in June 2020, provides an eight week payment for every employee working at a business that has seen a ...
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ArticleSchroders introduces permanent flexible working policy for 5,000 global employees
Asset management organisation Schroders is introducing a permanent flexible working policy for over 5,000 of its global employees, to deal with the shift in working expectations due to the Covid-19 (Coronavirus) pandemic.The policy, which also benefits 2,500 UK-based employees, allows staff to continue working remotely indefinitely, as long as they ...
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ArticleFamily Building Society completes £30 million defined benefit transfer
Family Building Society has completed a pension transfer to its Defined Benefit (DB) Complete Master Trust, from its previous DB scheme. The £30 million scheme, successfully agreed with TPT Retirement Solutions, will bring its 350 members onto the scheme, with 66 currently active in a cash balance section.The move is ...
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ArticleTobermore launches employee health and wellbeing app for staff
Manufacturing organisation Tobermore has introduced a health and wellbeing app to support the mental health of its 300 employees.Launched 12 August 2020, the Tobermore Connect app gives employees access to a range of physical and mental wellbeing services 24 hours a day, seven days a week.Employees can make online appointments ...
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ArticleBakkavor provides full sick pay for 1,600 employees
Food manufacturer Bakkavor will pay the 1,600 employees at its Newark dessert factory sick pay, if they need to self-isolate due to the health risks of Covid-19 (Coronavirus).Employees at the factory were previously paid the minimum legal statutory sick pay (SSP) requirement of £95.85 a week. However, from this week, ...
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ArticleIndependent Television News reports mean gender pay gap of 9.7%
Independent Television News (ITN) has reported a mean gender pay gap of 9.7% for average hourly pay as at April 2019.The organisation, which currently has over 1,200 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with 250 ...
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ArticleICI Pension Fund completes £70 million transaction
ICI Pension Fund has secured a £70 million buy-in with Legal and General Assurance Society (Legal and General).The buy-in, completed in May 2020 takes advantage, of current market conditions and has secured the benefit for new retirees. The deal is the ninth transaction with Legal and General securing a total ...
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ArticleThe top 10 most read stories: 6 August - 12 August
The top 10 most read stories between 6 August - 12 August were: Uber and Metro Bank extend remote working policies to 202187% would stay at an organisation if it commits to employee wellbeingWilliam Hill to repay government £24 million in furlough costsClifford Chance and Linklaters reduce pay for newly ...