All Motivation and recognition articles – Page 19
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ArticleHarperCollins agrees to pay increase and bonus for US staff
Book publishing business HarperCollins has reached an agreement with its US union, that includes a pay increase and bonus for employees.Nearly 250 members of staff, who are part of the union, have been on strike since 10 November 2022 over the terms of their contracts.The deal included guaranteed paid overtime, ...
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ArticleHermès to pay €4,000 bonus to staff globally
Credit: sylv1rob1 / Shutterstock.comFrench fashion and design brand Hermès has announced that it will pay its 19,700 employees a bonus of €4,000 (£3,519) this year.Axel Dumas, chief executive officer of Hermès, presented the year-end bonus plan at an analyst meeting on Friday 17 February.Dumas cited the brand’s net profit reaching ...
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ArticleHSBC reports 45.2% mean gender pay gap
Banking organisation HSBC has reported a mean gender pay gap for 2022 of 45.2% across its UK operations, and a median gap of 48.8%.HSBC employs 34,301 full-time employees in the UK, including 18,699 under the HSBC UK brand, with the remainder falling under various operations, including HSBC Global Services, HSBC ...
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ArticleNatwest Group UK reports 31.8% mean gender pay gap
Credit: William Barton / Shutterstock.comNatwest Group UK has reported a mean gender pay gap for 2022 of 31.8%, and a median gender pay gap of 32.3%.The group’s 2022 mean gender bonus gap, excluding recognition vouchers, was 43.5%, while its median was 18.9%. A total of 59.9% of men received a ...
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ArticleHalf of younger staff would take pay cut for employer with values
Nearly half of UK (48%) and US (44%) Gen Z and Millennial employees would consider taking a pay cut in order to work for an employer that shares their values, according to research by business advocate Paul Polman.The Net positive barometer surveyed 4,000 British and American employees at medium to ...
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ArticleConnick Tree Care becomes employee owned
South England-based tree preservation and maintenance firm Connick Tree Care has announced that it will become employee owned.The plan was first announced to the business’ 75 members of staff in October 2022, and the process commenced this month, with the transition to an employee ownership trust (EOT) due to take ...
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ArticleArgyll sniffs out signature office fragrance
Something for the weekend: London office provider Argyll has launched a bespoke branded scent created by British perfumer Azzi Glasser, which it will roll out across its 30-strong portfolio, in order to help those working there soak in the smell of success.Glasser, who has created signature scents for The Mandrake ...
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ArticleBarclays Bank UK reports 35.9% mean gender hourly pay gap
Financial institution Barclays Bank UK reported a mean gender hourly pay gap of 35.9% in 2022, down 0.4 percentage points from 2021.The firm's median gender hourly pay gap was 37.7%, up 0.5 percentage points from the prior year. The bank’s mean gender bonus gap for 2022 was 67.7%, falling from ...
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Case StudiesMitie focuses on front-line reward as cost-of-living crisis mounts
Strategic outsourcing and energy services business Mitie has tight margins, but still sees the importance of protecting and supporting front-line staff during difficult periods, meaning it has to focus on benefits that are affordable for the business, but make a real difference to employees.Jasmine Hudson, chief people officer at Mitie, ...
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ArticleRolls-Royce reports 1.6% mean gender pay gap
Vehicle manufacturer Rolls-Royce has published its 2022 UK gender pay gap report, with its mean gender pay gap standing at 1.6%, a decrease from 3.2% in 2021.Its median gender pay gap for 2022 was 3.6%, down from 4.8% the prior year, while its mean gender hourly pay gap was 0.8% ...
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ArticleThe top 10 most-read articles between 27 January - 2 February 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 27 January - 2 February 2023 were: Metro Bank introduces optional four-day weekMars UK and Virgin Media O2 named most flexible large employersInnocent Drinks introduces fertility friendly policyJet2.com and Jet2holidays to give staff 9% pay risePoundstretcher raises store staff pay by 10%QBE ...
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ArticleIHG Hotels reports 23.5% mean gender pay gap
Credit: JHVEPhoto / Shutterstock.comHotel chain IHG Hotels has reported a UK mean gender pay gap of 23.5% for 2022, a decrease from 27.7% in 2021, and a further drop from 39.3% in its first year of reporting in 2017.The business' median gender pay gap fell from 19.6% to 15% in ...
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ArticleLas Iguanas relaunches employee incentive trip to Brazil
Restaurant chain Las Iguanas has reintroduced its employee incentive trip Race to Rio tour this year, following a hiatus during the Covid-19 pandemic, offering around 20 of its workers the chance to visit the Brazilian capital in April.According to the chain, which is owned by Big Table Group (BTG) chain, ...
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ArticleEXCLUSIVE: Entry deadline for Employee Benefits Awards 2023 extended
EXCLUSIVE: The deadline for the Employee Benefits Awards 2023, sponsored by Aon, has been extended until midnight on Friday 10 February, in order to give HR, reward and benefits professionals another chance to enter and win recognition for their achievements.Those organisations that have already submitted entries can use this time ...
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AnalysisWhere should employers draw the line with benefits provision?
If employers are not seeing a return on their investment in benefits or schemes are not achieving their desired aims, such as increased employee engagement or retention, then they might be spending too much.Employers should consider whether they are offering benefits to be viewed as an attractive place to work ...
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Supplier articleDavidson Asset Management increase employee physical activity levels by 130% with new wellbeing platform
After one month of using the new wellbeing app Myles Wellbeing, physical activity levels had increased by 130% for Davidson Asset Management (DAM Employee benefits). This means that DAM is now impressively 2.3 times more active.With 70% of their employees signed up to the platform already, the new app which ...
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ArticlePoundstretcher raises store staff pay by 10%
Discount retailer Poundstretcher has awarded a 10% pay rise to its nearly 4,000 store employees, effective from 1 April 2023.All members of staff who have worked for the business for at least one year will be eligible for the increase, which includes more than 70% of its workforce and the ...
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ArticleJet2.com and Jet2holidays give staff 9% pay rise
Jet2.com and sister business Jet2holidays have given their workforces a 9% pay rise, effective from April 2023.The businesses also increased their profit share scheme terms by one percentage point, so that eligible employees can get a 6% share.The employers also awarded staff an extra annual leave day on top of ...
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ArticleLinklaters reports 5.1% mean ethnicity pay gap
Law firm Linklaters has revealed that its mean ethnicity pay gap for 2022 was 5.1%, which was a small decrease from 6.4% in 2021.The employer's median ethnicity pay gap moved from -27.2% to -22.4% last year. Its mean ethnicity bonus gap slightly narrowed, from 22.9% in 2021 to 22.6% in ...
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ArticleEXCLUSIVE: Do you know a rising star in reward and benefits?
Do you know a rising star in the reward and benefits industry? Why not celebrate their achievements by entering them for the Rising Star award at the Employee Benefits Awards 2023.This award will celebrate an HR or benefits professional who has been in the industry for less than five years ...