All Motivation and recognition articles – Page 24
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ArticleTFL pensions review recommends maintaining current scheme
Photo: Transport for LondonThe Independent review into Transport for London (TFL)’s pension scheme led by former trade union official Sir Brendan Barber has suggested that TFL maintains the current final salary scheme with no changes.The government instructed TFL to set up a pensions review as part of conditions it attached ...
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AnalysisWhat role does a reward strategy hold in a battle for talent?
Need to know:Benefits such as financial education, salary sacrifice, health cash plans and discount platforms can help to support employees during the cost of living squeeze.Higher inflation may help address existing pay inequalities but organisations must also guard against creating new ones with jobseekers demanding higher starting salaries.Paying attention to ...
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Case StudiesCare provider Elder uses reward package to attract talent to the sector
Attracting and retaining talent is a key part of care provider Elder’s strategy, both for its own employees and the 5,000 self-employed carers who find work through its platform. It set out to disrupt the market when it launched in 2015.Pete Dowds, CEO of Elder, says: “Care isn’t well incentivised ...
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ArticleWest Mercia Police’s gender pay gap falls
West Mercia Police has reported a 9.8% hourly pay mean gender pay gap for 2021, which has decreased from 10.5% in 2020.It means the force’s hourly pay mean pay gap has narrowed every year since 2018, where it was 13%. In 2019, it stood at 12.8%.Meanwhile, its hourly pay median ...
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ArticleMaking post-pandemic working more pawsome
Something for the weekend: The tail-wagging, excited-until-I’ll-explode welcome those of us who have dogs brace ourselves for as we walk in the door each evening is one of the things that makes the daily treadmill of commute/work/sleep bearable.The unconditional love dogs have for their ‘hoomans’ means the fact dog ownership ...
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Supplier articleHow To Reward Working Mums In Your Company.
A massive 75% of women with dependent children are employed. Juggling work and family life isn’t easy. Over the course of the pandemic, life has been made even harder with 59% of working mums saying they had a decline in mental health overall. But you can do a few simple ...
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ArticleBalfour Beatty reports reduced gender pay gap
International infrastructure group Balfour Beatty has published its 2021 Gender pay report, which revealed that its mean gender pay gap has fallen from 27% in 2018 to 21% in 2021 and its median gap from 33% to 18%.Furthermore, its mean gender bonus gap for 2021 is 29% and the media ...
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AnalysisWhy should employers consider employee ownership as their next business move?
Need to know:Transitioning to an employee ownership trust (EOT) transfers control of a business to employees, while also giving tax incentives to the shareholders.There is also the opportunity to deliver an annual bonus that comes under the tax-free allowance, which is currently £3,600 per employee per year.Trustee board meetings will ...
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ArticlePleo recruits new chief people officer
Business expenses solution business Pleo, which offers simplified spend management and smart company credit cards, has boosted its executive team with the induction of Mette Hindborg Gade as its new chief people officer.Gade is a former partner in McKinsey and Company with an educational background in engineering. She has experience ...
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ArticleVerifile becomes living wage employer
Background screening services provider Verifile has been accredited as a living wage employer through its commitment to paying its staff the real living wage.This accreditation follows the business giving its 156 UK staff a new minimum hourly wage of £10.00 back in January. This wage is higher than the government-set ...
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ArticlePension Protection Fund reports 16% ethnicity pay gap
The Pension Protection Fund (PPF) has announced that its ethnicity pay gap has decreased from 23% in 2020 to 16% in 2021.The organisation revealed in its Diversity pay gap report 2021, which is its second ever report on the subject, that efforts to increase ethnic minority representation across the business ...
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ArticleAverage earnings growth for regular pay rises by 4%
The average earnings growth for regular pay that does not include bonuses was 4% from November 2021 to January 2022, behind the current inflation level of 6% according to the Office for National Statistics (ONS).Meanwhile, the increase in average total pay including bonuses was 5%, which is a 0.1% real ...
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ArticleCurrys gives staff 5% pay rise
Omnichannel technology retailer Currys has awarded its 10,000 UK hourly-paid employees a 5% increase to the minimum pay rate as of 1 August this year.The rise, which is the employers’ second in the last 12 months, will see the pay rate soar to £10 per hour, or £11.05 per hour ...
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ArticleBolton Health and Care Partnership to pay staff real living wage
Bolton Health and Care Partnership, which is comprised of Bolton Council and key NHS organisations, has announced that it will allow its providers to pay their frontline staff the real living wage from next month (April).This is due to the council allocating £5.4 million from its budget, alongside a two-year ...
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ArticleKilmac adopts employee ownership
Scottish civil engineering contracting firm Kilmac has become employee owned, guaranteeing the future of 130 employees’ jobs.Based in Tayside with an annual turnover of £20 million, the business has been placed in an employee ownership trust (EOT) by its founders Athole McDonald and Richard Kilcullen.The overall process was supported by ...
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ArticleRoyal Mail Group reports 1.4% gender pay gap
Royal Mail Group has revealed that men are paid 1.4% more than women in its latest gender pay gap report of average salaries paid to its male and female staff.The group, which employs around 137,000 members of staff, reported that women represented 19% of the UK operational workforce and 32% ...
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ArticleJohn Lewis Partnership to pay 3% bonus and increase staff pay
The John Lewis Partnership is to pay employees a 3% bonus, as well as committing to pay the voluntary living wage and implementing a wider pay riseThe employee-owned business, which is comprised of the department store chain and Waitrose supermarkets and employs around 80,000 workers, axed its bonus payment last ...
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Case StudiesLogistics firm Europa relaunches organisational values to staff
Logistics organisation Europa has several organisational values that it believes are central to the way in which it treats employees, and what it expects in return. These include key principles such as driving out complexity, acting reasonably, creating a family spirit, and allowing people to ask so-called ‘dumb’ questions.The values ...
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AnalysisHow can employers effectively communicate an employee value proposition?
Need to know:Employee value propositions can help organisations outline their purpose and culture.Essential communication is essential, including through new digital channels.Involving senior management and employees can also prove effective.With the 'great resignation’ well underway, employers are having to think more about how they can retain staff.For many, developing and communicating ...
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ArticleCommunity Integrated Care to increase support worker pay from April
Social care charity Community Integrated Care (CIC) is to increase its hourly pay rate for its frontline support staff to £10 in England and £11 in Scotland from next month (April).The move, which will come into effect from 1 April, means the charity’s frontline support workers will receive an hourly ...