All Motivation and recognition articles – Page 25
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ArticleAviation Fuel Services staff at Heathrow secure 12.5% pay increase
A total of 48 employees of Aviation Fuel Services (AFS) have received a 12.5% pay rise, an increase in weekend overtime rates, and a £2,500 bonus.The staff are responsible for refueling half of the non-British Airways traffic at Heathrow airport, including Virgin Atlantic, United, Singapore, KLM, American, Emirates, Air France ...
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ArticleAldi increases hourly pay for second time in 2022
Aldi has given its approximately 26,000 hourly paid store employees a second pay increase this year in order to remain competitive in the face of rising living costs.As of September, all UK-based store assistants at the German-owned grocery chain will receive an increase of 40 pence an hour on their ...
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ArticleBaker McKenzie increases newly qualified lawyer pay to £110,000
Global law firm Baker McKenzie has increased the starting pay for newly qualified lawyers from £105,000 to £110,000, as of this month.Trainee salaries have remained at their current rates, with first year trainees eligible for £50,000 and second year trainees receiving £55,000.According to the firm, which has around 13,150 employees, ...
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AnalysisWhy is authentic leadership important in business?
Need to knowEmployees are increasingly demanding that their leaders act with authenticity and integrity as they re-evaluate their priorities post-pandemic.Authenticity demands a number of skills, from empathy to strategy, many of which can be coached and nurtured by businesses.Listening to employees and fostering the right culture are integral to survive ...
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ArticleFDM Group reports -4.0% mean gender pay gap
FTSE 250 professional services firm FDM Group has published its 2022 gender pay gap results, finding a -4.0% mean gender pay gap.According to the firm, which employs 2,982 workers in the UK and 6,663 globally, this is an improvement on last year’s figure of 0.5%.FDM Group, which added more than ...
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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 ...