All articles by LouronPratt – Page 41
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ArticleTransport for London furloughs 7,000 staff on full pay
Transport for London (TfL) will place 7,000 employees on furlough with 100% pay, effective immediately.The transport business, which has approximately 28,000 employees, is furloughing around 25% of its workforce whose jobs have been drastically reduced or paused due to the ramifications of the Covid-19 (Coronavirus) pandemic.The government’s job retention scheme ...
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ArticleFurloughed employees to receive full parental leave pay entitlements
Employees planning to take paid parental or adoption leave whilst on furlough will be entitled to full pay based on their usual earnings rather than a furloughed pay rate.Announced by the government on 24 April 2020, the changes ensures that all employees intending to take time off following the birth, ...
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ArticleCMS splits bonus payments and defers salary reviews for 3,500 staff
International law firm CMS is deferring bonus payments and annual salary reviews for 3,500 employees to remain financially secure during the Covid-19 (Coronavirus) pandemic.The organisation has made the decision to split partner bonuses in two: 50% will be paid in July 2020, while the remaining 50% will be paid in ...
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ArticleNorthern Ireland teachers to receive 2.25% pay rise in September 2020
Northern Ireland teachers will receive an increase to their salaries in September 2020, following on from an agreement with Northern Ireland union parties.The new deal commits to a significant increase in teachers salaries. The 2.25% pay increase for all teachers will be backdated for 2017-2018, and a further 2% pay ...
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ArticleBGC, XPO and Northwell Health reward staff with appreciation bonuses
Brookshire Grocery Company (BCG), XPO Logistics and Northwell Health have awarded employees appreciation bonuses. for their hard work during Covid-19 (Coronavirus).Texas-based supermarket retailer BGG is giving its 14,000 retail employees an additional special bonus instalment, equalling half a week's pay. This is the second bonus paid to employees, with the ...
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ArticleThe top 10 most read stories: 16 April - 22 April 2020
Rolls-Royce asks furloughed staff to swap four days leave to receive full payEmployee files formal complaint against cat when working from homeAshurst defers 50% of bonus payments for 2,800 employeesGovernment job retention scheme extended to support new staffPaul Hastings offers 1,600 employees access to Covid-19 hardship fundGrant Thornton reduces ...
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ArticleEDsmart calls for Harry Potter fans to binge-watch every movie
Something for the weekend: Enterprise solution organisation EDsmart is hiring candidates to watch every Harry Potter and Fantastic Beasts movie from start to finish for $41.50 (£33.61) per hour.With many people having a lot of spare time on their hands, the organisation is looking for active and outgoing Harry Potter ...
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Article1,500 Marriott casual workers to receive furlough pay
Hospitality organisation Marriott International is placing 1,500 casual employees at its Marriott hotels on the government's Covid-19 (Coronavirus) job retention scheme.The government’s job retention scheme allows furloughed employees to receive 80% of their salary, capped at £2,500.The organisation previously had put this into doubt telling the casual workers it was ...
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ArticleClifford Chance defers partner bonuses and pay increases for 6,600 employees
International law firm Clifford Chance is taking several measures to deal with the ramifications of Covid-19 (Coronavirus) including deferring bonuses and delaying pay rises. Announced this week to 6,600 employees, the organisation has confirmed salary reviews and pay increases will be on hold indefinitely, with the earliest review date set ...
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NFP expands UK presence by acquiring Johnson Fleming Group
Insurance broker NFP, has announced the acquisition of Johnson Fleming Group Limited and Johnson Fleming Future Life Planning Limited (together, Johnson Fleming).Announced on 20 April 2020, NFP has merged with the organisation that closed for business on 17 January 2020.Johnson Fleming, previous pensions specialist, employee benefits, and group risk adviser ...
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ArticleNFP acquires employee benefits consultancy Johnson Fleming
New York insurance broker and consultant NFP has announced the acquisition of employee benefits service Johnson Fleming Group Limited and Johnson Fleming Future Life Planning Limited (Johnson Fleming).The acquisition of Johnson Fleming, which was announced 20 April 2020, increases the presence of NFP in the UK. Johnson Fleming is already ...
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ArticleReed Smith offers 1,500 employees three months unpaid leave
Law firm Reed Smith is introducing an unpaid leave scheme for its 1,500 employees to deal with the financial constraints of Covid-19 (Coronavirus).The organisation is offering employees the option to take up to three months of unpaid leave. During this time, all benefits such as healthcare and life insurance will ...
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ArticleFoxtons asks employees earning over £40,000 to take 20% pay cut
Estate agent Foxtons is asking employees earning over £40,000 a year to take a 20% pay cut, due to the financial constraints of the Covid-19 (Coronavirus) pandemic.Approximately 80% of employees, who have not been furloughed and are over the salary threshold of £40,000, have agreed to the voluntary pay cut ...
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ArticleCentral England Co-op rewards 7,400 front-line employees with Covid-19 bonus
Central England Co-operative is to reward its 7,400 front-line employees with a bonus to thank them for their hard work during the Covid-19 (Coronavirus) pandemic.Employees who work in store, in the distribution teams based in Leicester, and in Co-op Funeralcare stores will all receive one week's extra pay in their ...
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OpinionDavid Jones: Managing employees during Covid-19
We are in unprecedented times, unchartered waters for employers. With some businesses focused on simply keeping themselves afloat during the Covid-19 (Coronavirus) pandemic, it is important not to lose sight of the biggest asset to any business, its employees. How businesses manage their employees today is going to have a ...
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ArticleGrant Thornton reduces pay and hours for 300 employees
Accountancy firm Grant Thornton is reducing hours and pay for 300 employees during the Covid-19 (Coronavirus) pandemic.The organisation, which has 4,400 employees across the business, informed its employees the decision was due to a decrease in demand in some areas of the business, however, where possible, it will be redeploying ...
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ArticleShropshire Council reports 18.2% mean gender pay gap
Shropshire Council has reported a 18.2% mean gender pay gap for fixed hourly pay, as at 31 March 2019; the exact same pay gap from the reporting year 2018/2019.The organisation reported its gender pay gap data for full-time and part-time staff for 2019/2020, even though in March 2020 the government ...
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ArticleArsenal Football Club to defer pay for first team players and coaching staff
Arsenal Football Club's first-team players, the clubs head coach and core coaching staff, will take a temporary pay cut to financially deal with the critical effects of Covid-19 (Coronavirus), effective immediately.The 12.5% pay decrease will be repaid to players and coaches if the club reaches its financial targets when the ...
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OpinionRebecca Peters: Engagement lessons that organisations can learn from social media
Given the prevalence of social media in most people’s lives, it should be one of the most accessible ways for employees to exercise their voice. However, our research tells us that business social media is less commonly used to solicit voice than one-to-ones, staff surveys and team meetings.Organisations may be ...
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AnalysisWhat engagement lessons can employers learn from social media?
Need to know:Employers can use social media techniques to encourage employees to engage with and take up benefits.Creating an open space for communication and sharing can give employers valuable data from which to create an effective benefits strategy.Benefits technology can use social media communication techniques to reach employees in a ...