All Motivation and recognition articles – Page 25
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OpinionElena Visser: The argument for giving employees growth shares
The benefits of giving employees a stake in the business by way of equity participation are well rehearsed.Often the decision comes down to a choice between allocating shares upfront, effectively making the employee a day-one shareholder, versus granting them a tax-efficient enterprise management incentive (or EMI) share option.Making employees a ...
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ArticleAccu to move to four-day working week
Mechanical component supplier Accu has announced plans to move to a permanent four-day working week in April.The Huddersfield business, which employs 80 workers, will ask its project-based teams to take either Monday or Friday off to ensure there are three days in the middle of the week where all employees ...
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ArticleTerence O'Rourke becomes employee owned
The directors of Terence O’Rourke have handed ownership of the planning and design consultancy to its staff.The firm, which has offices in London, Birmingham and Bournemouth, established an employee ownership trust (EOT).Founded in 1985, Terence O’Rourke has remained in private ownership for more than 36 years, but its board wanted ...
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ArticleFirst Wessex bus drivers secure 8.2% pay rise
Bus drivers in Weymouth, Dorset have secured an 8.2% pay rise from November after their union agreed a deal with operator First Wessex.The Unite union said the agreement, which it has been negotiating since last October, was a “significant” victory for the approximately 120 drivers.The drivers will receive an initial ...
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ArticleSSQ transitions to employee ownership
Legal search and recruitment consultancy SSQ has become an employee-owned business in a bid to provide long-term stability for its employees.All shares in the London-headquartered business, which has several international offices, have been sold to an employee ownership trust (EOT) for an undisclosed sum.SSQ said the move would enable all ...
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ArticleMaking Space rewards staff with pay rise
Adult health and social care services charity Making Space has given its more than 1,000 members of staff a pay increase to a minimum of £9.90 per hour from April 2022.The rise, which will see full-time support workers earn an additional £1,700 each year, ensures that all employees will receive ...
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ArticleOrbis Partners becomes employee owned
Birmingham-based corporate finance business Orbis Partners has transitioned to employee ownership.The organisation was launched in 1999 when James Grenfell and Chris Gregory set up Invex Partners, before being sold to Kroll Inc in 2003. Joined by Gary Ecob and Shah Zaki, the business was re-acquired by Grenfell and Gregory in ...
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ArticleTayto Group gives staff pay rise
Snack manufacturer Tayto Group has awarded its 450 members of staff a pay rise to help them and their families keep up with the cost of living.Trade union GMB said the pay increase will be awarded to staff immediately and is "in line with" the current inflation rate.The Office for ...
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ArticleThe top 10 most-read articles between 4 February – 10 February 2022
The top 10 most-read stories on employeebenefits.co.uk between 4 February and 10 February 2022 were: Monzo launches three-month paid sabbatical leaveIkea rustles up a tasty dish to attract talentHow will the future of work affect the wellbeing and engagement of employees?How can employers ensure reward and benefits enhance the employee ...
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ArticleThe job where it pays to be single on Valentine's Day
Something for the weekend: If you’re in a long-term relationship and wondering how to make your 27th Valentine’s Day together special given that it falls on a Monday this year and your inbox and to-do list are overflowing, spare a thought for certain government employees in a particular municipality in ...
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Supplier articlePrezzo Launches Employee Reward Scheme
Prezzo rolls out Each Person across their 3,000 employees.Each Person is the employee reward scheme that makes recognition simple and provides exciting perks at work across their business.Employees are given a free membership to Epoints, which would cost £124 if they join directly, allowing them to take advantage of gaining ...
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ArticleNewhall Publishing transfers ownership to staff
Marketing and communications agency Newhall Publishing has handed over ownership to staff as it marks its 60th year of business.The agency, which rebranded from a magazine publisher to multichannel content publisher in 2014 and has delivered campaigns for British Cycling, The Royal Windsor Horse Show, The Kennel Club, and The ...
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ArticleSpencer Clarke Group launches workplace wellness drive
Recruitment agency Spencer Clarke Group has announced a range of initiatives to improve the mental, physical and emotional wellbeing of its 20 employees.The Wellness in the Workplace policy includes a monthly £50 wellness benefit, which can be put towards healthy perks such as gym memberships, private dental care, massages, physiotherapy ...
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ArticleTalbots Law becomes living wage employer
Talbots Law has become an accredited living wage employer, committing to pay its staff in line with rates set by the Living Wage Foundation.The law firm, which became an employed owned trust last year and employs 324 people across seven offices in the west Midlands, joins around 9,000 UK businesses ...
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ArticleFCA staff vote to strike over proposed pay changes
Workers employed by the Financial Conduct Authority (FCA) have voted in favour of taking industrial action against proposed changes to pay and conditions.Trade union Unite said a vote was held from 24 to 31 January, with 87% of members in support of striking if their demands are not met by ...
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ArticleConfessions of a benefits manager: Candid joins in 'the great resignation'
All around me, my colleagues are resigning. It seems like quitting is in fashion this spring.To make matters worse, many of our HR business partners and talent managers have also left or are in the process of leaving, so we just can’t get people in the door fast enough to ...
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ArticleUK banks pay men 34% more per hour than women
Men are paid on average 34% more per hour than women across the UK banking sector, research has revealed.Loan provider Tic Finance used the most recent gender pay gap reports published on the official government website by 49 UK banks and building societies to analyse the extent of the gender ...
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Supplier articleMASLOW, HERZBERG AND PINK'S MOTIVATIONAL THEORIES IN THE WORKPLACE
Employee motivation is key to your success, as it's the drive and energy your employees bring to their work everyday. If it's lacking, then you might struggle with productivity and lower output meaning you struggle to reach your goals. Whereas motivated employees are more likely to be innovative, happier and ...
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OpinionClare Kelliher: The pandemic has prompted employers to review their benefits strategies
The experiences of the Covid-19 (Coronavirus) pandemic: business disruption, furloughed employees and extended, enforced working from home, have changed the employment relationship.Our research at Cranfield School of Management during the pandemic found that the physical distancing of working from home sometimes led to psychological distancing, too.Maintaining the connection became harder ...
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ArticleThree UK gives pay rise to retail staff
Phone network provider Three UK has announced pay increases of up to 12.6% for its retail staff.The firm, which has about 2,500 store workers, said it had boosted their minimum hourly rates to £10.13 nationwide and £11.40 in London from 1 January this year.Applicable to all staff regardless of their ...