All Motivation and recognition articles – Page 21
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ArticleJet2holidays implements 8% pay rise and £1,000 bonus
Credit: Photofex_AUT / Shutterstock.comPackage holiday provider Jet2holidays has awarded its employees an 8% pay rise to be followed by a further £1,000 bonus at the end of the summer.The announcement was made in the business’ preliminary unaudited results report for the year ended 31 March 2022, in which it stated ...
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AnalysisHow employee share schemes can be used to attract and retain talent
Need to knowFinancial gain aligned to the success and growth of an organisation supports medium- and long-term motivation and retention.Employers should keep communications clear, but simple. Employees will need to understand the personal monetary value of a share scheme before making the decision to sign up.Share schemes should be part ...
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ArticlePost Office employees at 114 locations strike over pay row
Post Office employees working at 114 crown post offices, larger branches usually found on high streets, have begun a 24-hour strike over pay.The 3,500 members of staff, members of the Communication Workers Union (CWU), rejected a pay offer from management worth 3% and a £500 lump sum. The union stated ...
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ArticleCadbury staff secure up to 17.5% two-year pay deal
More than 1,000 Cadbury workers have achieved a two-year pay deal worth up to 17.5%, as well as a separate 25% boost in holiday pay.A total of 80% of the workers based at Cadbury’s sites in Bournville, Birmingham, Chirk, Wales and Marlebrook in Hereford, members of the union Unite, voted ...
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ArticlePeloton offers staff one-off cash bonus and stock options
Credit: nyker / Shutterstock.comExercise equipment business Peloton has offered its US employees either a one-off cash bonus or stock compensation changes in a bid to retain its workforce, according to internal memos.As of 1 July, its hourly workers are eligible for a one-time cash bonus to be paid before the ...
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ArticleGreat Cornish Food Store becomes part employee-owned
Retail and hospitality business Great Cornish Food Store has become part employee-owned as it celebrates its sixth anniversary this week.According to the food retailer, which is based in Truro, Cornwall and shares its premises with a major supermarket, the move means that its 24 members of staff will part-own the ...
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ArticleQantas Group awards staff one-off $5,000 payment
Australian airline business Qantas Group has implemented a one-off AUSD 5,000 (£2,837) payment for approximately 19,000 employees, to recognise their work and combat the rising cost of living.The payment will be provided shortly, after a new enterprise agreement is finalised, with nine agreements covering around 4,000 employees already finalised. Management ...
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ArticleCAE Crewing Services cabin crew at Heathrow win 18% pay rise
150 Heathrow-based cabin crew employed by CAE Crewing Services on its contract for Scandinavian airline SAS Connect have secured an 18% pay rise, with wages set to increase by nearly £5,000.All of the employees, who are members of trade union Unite, will receive a phased 18% pay rise, beginning with ...
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ArticleWalr launches phantom stock plan for all staff
Data creation platform business Walr has introduced an employee phantom stock plan, or shadow options scheme, for its 70 employees.The scheme is available to all employees, no matter their seniority, and will allow them to participate in the business’ future success in the form of financial reward, by simulating stock ...
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ArticleParfetts staff receive company-wide bonus up to 2% of salary
Cash and carry business Parfetts has awarded its employees with a bonus of up to £500, to reflect the rising cost of living and recognise their hard work.The business, which employs 850 workers, has seen sales exceed £600 million this year, and had a more than 5% profit increase on ...
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Article37% of employers do not share their current gender pay gap
More than one-third (37%) of British employees said their employer does not share its current gender pay gap internally or externally, according to research by compensation management specialist Beqom.Its 2022 Compensation and culture report also found 13% reported that their employer shares its current gender pay gap internally and less ...
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ArticleNew Directions Group introduces giving back scheme
New Directions, a group of organisations whose purpose is to support and safeguard UK communities, has launched a Giving Back Day scheme for all its 180 employees.The employer will give every member of staff a day’s paid leave, which is to be taken away from the workplace, to support local ...
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ArticleTraverse revamps benefits package
Social purpose organisationTraverse has revamped its employee benefits package in order to promote inclusivity and boost talent retention.It created its new benefits offering, delivered in partnership with DittonHR, as part of an employee engagement process focused on reward and recognition for its 60 employees.The organisation has introduced a health cash ...
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ArticleRolls Royce awards staff £2,000 to help with cost of living
Engineering firm Rolls Royce has announced that it will award more than 14,000 of its workers a £2,000 one-off payment to help with the rising cost of living in the UK.Approximately 7,000 junior management and shop floor staff employees at its Derby site, which is where it makes large commercial ...
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ArticleEvolve Family Law transitions to employee ownership
North west England-based law firm Evolve Family Law has become an employee-owned business in order to preserve its future independence.The business, which was established in 2015 by founding directors Robin Charrot and Louise Halford (pictured) and has offices in Holmes Chapel and Whitefield, is now 100% owned by a newly ...
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ArticleWaste Creative launches work-from-anywhere policy
Creative agency Waste Creative has introduced a work-from-anywhere policy to enable its more than 75 full and part-time staff to work from any location for up to four weeks per year.Any of its employees who have passed their probationary period can submit a request to work from anywhere in the ...
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ArticleLloyds Bank awards staff with £1,000 one-off payment
More than 64,000 employees at Lloyds Bank will receive a £1,000 one-off payment in order to help with the rising cost of living in the UK.The payment, which is due to be made in August, will be given to 99.5% of staff but not to senior management or executives. This ...
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ArticlePinsent Masons and FTI Consulting shortlisted for HR or Benefits Team of the Year
Copyright: www.tellingphotography.comMultinational law firm Pinsent Masons and management consulting business FTI Consulting are among those organisations shortlisted in the HR or Benefits Team of the Year category, sponsored by Tusker, at the Employee Benefits Awards 2022.This accolade celebrates the achievements of an in-house benefits team that works together to deliver ...
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Case StudiesCloudsoft showcases company culture through accreditation
Software provider Cloudsoft has experienced accelerated business growth over recent years, now employing 34 members of staff, and is continually looking for fresh talent to join the team. In the current challenging job market for the UK technology sector, this means taking a proactive approach and making sure the business ...
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Case StudiesAnchor demonstrates commitment to care staff through real living wage
Later life residential care business Anchor employs more than 9,000 staff, including those working in care homes and across its housing locations, as well as central support such as IT and HR.Providing a high quality service to its residents is an important part of Anchor's proposition, particularly as the cost ...