All articles by LouronPratt – Page 43
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ArticleScottish social care employees to receive 3.3% pay increase
Social care employees in Scotland will receive a pay rise of 3.3%, backdated to 1 April 2020.The increase, agreed between the Scottish Government and Convention of Scottish Local Authorities (COSLA), is set to support social care employees and reward them for their hard work during the Covid-19 (Coronavirus) pandemic.Social care ...
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ArticleZurich reduces mean gender pay gap from 22.8% to 20.7%
Insurance organisation Zurich has reduced its mean pay gap from 22.8% to 20.7% in 2018, and has seen its median gap also reduce from 22.6% to 20.2% in 2019.The gender pay gap reporting regulations require organisations with 250 or more employees to publish the differences in mean and median hourly ...
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ArticleDaily Mail and General Trust offers 2,400 employees shares to avoid pay cuts
Daily Mail and General Trust (DMGT,) parent organisation to DMG Media, has offered 2,400 employees shares within the business.The senior management team is offering this alternative approach to employees working within its group of businesses including Daily Mail, Metro, and MailOnline, to avoid making redundancies or furloughing employeesEmployees earning £40,000 ...
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ArticleKuehne and Nagel to furlough 13,000 employees on a minimum of 90% pay
Transport organisation Kuehne and Nagel will ensure that 13,000 employees receive in a minimum of 90% of their pay during the Covid-19 (Coronavirus) pandemic.Following talks with trade union Unite, the organisation confirmed that employees who earn £20,000 or below will receive full pay while furloughed, and employees who earn under ...
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Article27,000 Porsche employees receive profit-sharing bonus
Car manufacturer Porsche is giving its 27,000 German employees a bonus, to reward their efforts for 2019.Employees will receive €9,000 euros (£7,887) in their April 2020 pay based on their efforts during the 2019 financial year, while an extra €700 (£613) will be made available as a special contribution towards ...
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ArticleHerbert Smith Freehills splits bonus payment for 5,000 employees
International law firm Herbert Smith Freehills (HSF) will split its bonus payments annually paid to its 5,000 employees due to the financial constraints of operating during the Covid-19 (Coronavirus) pandemic.The bonus, normally paid in full to employees in July, will be split into two increments; 50% being paid in July, ...
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ArticleWalmart Canada pays 90,000 employees appreciation bonus
Supermarket retailer Walmart Canada is rewarding 90,000 employees an appreciation bonus to recognise the efforts of full-time and part-time employees during the Covid-19 (Coronavirus) pandemic.To thank store and supply chain employees, Walmart paid full-time employees a $200 bonus, and part-time employees a $100 employees along with their March pay.Additionally, the ...
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ArticleStena Line to furlough 600 employees on full pay
Swedish ferry organisation Stena Line will furlough 600 employees on full pay, due to the ongoing Covid-19 (Coronavirus) pandemic.Announced on 6 April 2020, the organisation confirmed that it had to make tough decisions to cut costs and ensure supply lined to UK and Ireland are protected.Stena Line confirmed that all ...
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ArticleBT rewards 58,000 employees with 1.5% pay rise
British telecommunications organisation BT has given 58,000 non-management employees in the UK a 1.5% pay rise, effective 1 July 2020.The pay rise has been given to the employees in recognition of their hard work during the Covid-19 (Coronavirus) pandemic.BT also confirmed that no employee will lose their job within the ...
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OpinionJames Poyser: Calls for employment rights class action mount
The IR35 reforms were postponed on 17 March 2020 as part of an exceptional Covid-19 £330 billion package of financial help announced by the government.Within 12 hours of the announcement, companies started to make a u-turn on blanket bans and inside IR35 decisions. Asda, BAE Systems and Marsh and McLennan ...
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ArticleGovernment confirms employees can receive furlough pay for multiple jobs
The government has confirmed that employees who are furloughed in one job, but continue to work for another employer, can receive the furloughed payment while receiving their normal pay from a separate employer.The government’s furlough Covid-19 (Coronavirus) job retention scheme allows furloughed employees to receive 80% of their salary, capped ...
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ArticleDaily Mirror publisher reduces pay for 10% of employees
Commercial news publisher Reach has announced it will furlough 1,000 out of its 4,700 employees, due to the Covid-19 (Coronavirus) pandemic.The organisation, which publishes 150 newspapers including the Daily Mirror, Daily Star and Daily Express, has confirmed that in addition to the 20% of its staff that will 80% of ...
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ArticleWaitrose staff no longer required to 'time bank' hours during self-isolation
British supermarket Waitrose has updated its pay policy, stating that employees who are self-isolating due to the Covid-19 (Coronavirus) pandemic,will not have to make up the hours at a later date.While the organisation will pay its employees in full who are unable to work at home in self-isolation, it previously ...
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ArticleLeeds Bradford Airport to furlough 250 employees on full pay
Leeds Bradford Airport (LBA) is to furlough 250 employees on full pay.With many airlines making drastic cuts to flight schedules due to the Covid-19 (Coronavirus) pandemic, the large majority of security, car parking, cleaning and passenger assistance staff are no longer needed.Employees who are represented by trade union Unite collectively ...
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ArticleMazars drives leadership and engagement through social media
In May 2018, Audit, accounting and consulting organisation Mazars, used social media to drive leadership, communication, and engagement within the organisation.Mazars had two aims when creating this program for employees, to create additional visibility for content, and empower employees.With 18,000 employees in 79 countries, Mazars used a third party social ...
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ArticleThe tax and legislation changes impacting reward from April 2020
With the arrival of the new tax year, new measures impacting pay and benefits are set to come into effect. Below is a round-up of these measures, along with other tax and legislation changes, that employers need to be aware of from 6 April 2020:The national living wage has increased ...
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ArticleJuventus first team players and coach defer pay to support the club
Players and the coach of the first team at Juventus football club will be taking a pay reduction until June 2020 to support the club during the Covid-19 (Coronavirus) pandemic.Announced on 28 March 2020, personal agreements between the players and coach were made to make reductions to their compensation for ...
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ArticleJohn Lewis to pay 55,000 non-management staff £25 extra per week
The John Lewis Partnership will award over 55,000 non-management employees and first-level managers a £25 reward for every week worked in May to June, totalling £200.The reward will apply predominately to employees in Waitrose shops and working on John Lewis online sites.This reward means that employees will receive around 11% ...
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ArticleGoldman Sachs offers 36,000 employees 10 days of family leave
Global investment bank Goldman Sachs has offered all of its 36,000 employees globally 10 days of paid family leave, to help support them through the Covid-19 (Coronavirus) pandemic.The benefit has been put in place to enable employees to care for family members, as needed, due to Covid-19 (Coronavirus) related illness ...
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ArticleMorrisons rewards employees with 6% annual bonus for the next 12 months
British supermarket Morrisons will pay its full-time employees a 6% bonus for their hard work during the Covid-19 (Coronavirus) pandemic.All of its front-line employees will receive the bonus quarterly for a period of 12 months. This represents an average annual bonus payment of £1,050, compared to the average bonus payment ...