News – Page 10
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ArticleSkout becomes employee owned
Cheshire-based B2B PR and communications agency Skout has become 100% employee owned through an employee ownership trust (EOT) to secure its long-term independence.The EOT now has a 100% controlling interest in the business, acting as a guardian of its values and culture, and ensuring its direction remains in employees’ best ...
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ArticleCardinal Global Logistics becomes employee owned
Manchester-headquartered logistics services business Cardinal Global Logistics has transitioned to an employee ownership model to mark 25 years in business.The business, which employs more than 400 employees, aimed to create an environment where every member of staff has the same opportunity to become a partner in its democratisation model, sharing ...
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ArticleLidl GB gives staff third pay rise in 12 months
Supermarket chain Lidl GB has awarded all of its 24,500 hourly paid employees a third pay increase in 12 months.Store and warehouse staff working outside the M25 had their pay increased to £11.40 from £11, rising to £12.30 depending on length of service. Meanwhile, pay for those inside the M25 ...
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ArticleAldi, BBC Studios and Huler named Inspiring Workplaces for EMEA
Supermarket Aldi, media business BBC Studios and software firm Huler have been listed in Inspiring Workplaces Group’s Top 50 Inspiring Workplaces for EMEA in 2023.The awards recognise employers which have created an inspiring workplace culture across Europe, the Middle East and Africa (EMEA). Entrants were assessed against six elements: culture ...
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ArticlePrinciple Cleaning Services becomes majority employee owned
Principle Cleaning Services has transferred the majority of its shares to its 2,300 employees through the creation of an employee ownership trust (EOT).Founded in 1989 by executive chairman Douglas Cooke, the window cleaning business formed an EOT in order to secure its long-term future while creating an effective platform for ...
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ArticleHIT Training becomes majority employee owned
Training and apprenticeships provider HIT Training has become employee owned through the creation of an employee ownership trust (EOT).The EOT, which will benefit the employer’s employees across its HIT Training, Connect2Care and Executive Development Network divisions, now owns 61% of the organisation on behalf of staff.All employees are eligible to ...
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ArticleKing Charles to reward frontline forces with royal recognition
Something for the weekend: Frontline emergency service staff are among the 400,000 people set to receive a medal to mark the Coronation of King Charles on 6 May.The medal, the design of which was unveiled today (5 May 2023), will be awarded to Armed Forces, frontline emergency service workers, and ...
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Article4most employee trust makes significant payout to invested staff
Risk and data analytics consultancy 4most has received majority investment by Phoenix Equity Partners, providing those taking part in its employee ownership trust with an average payout of £150,000 each.Of 4most's 240 members of staff, approximately 150 were invested in the trust. Phoenix Equity Partners' acquisition of a majority stake ...
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ArticleEXCLUSIVE: 33% of staff motivated by gift card rewards
A third (33%) of UK employees said that gift card rewards from their employer motivate them to be more productive, according to research from global payments and financial services technology solutions provider Fiserv.The UK prepaid consumer insights survey explored whether employers giving gift cards to reward employees boosted retention ...
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ArticleThe top 10 most-read articles between 21 - 27 April 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 21 - 27 April 2023 were: TGI Fridays scraps free meals for employeesNvidia, Lindt and Confused.com named UK’s Best Workplaces 2023Amazon and Wells Fargo named top US employers for 2023Quarter of women undergoing fertility treatment face unfairness at workMajestic increases wages and ...
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ArticleChessington World of Adventures gives engineers 13.53% pay rise
Credit: Lukasz Sadlowski / Shutterstock.comEngineers employed at theme park Chessington World of Adventures have called off planned strike action after accepting an improved pay offer of 13.53%.The dispute was a result of the engineers, responsible for ensuring the park's safety systems are fully operational, seeking a pay increase in line ...
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ArticleRoyal College of Midwives accepts NHS pay deal
Members of the Royal College of Midwives (RCM) in England have voted to accept the NHS’ latest pay offer, following a consultation earlier this week.A total of 57% of eligible RCM midwife and maternity support workers voted to accept the deal and 43% rejected it, with an overall turnout of ...
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ArticleMajestic increases wages and updates pay structure
Credit: William Barton / Shutterstock.comSpecialist wine retailer Majestic has raised the hourly pay of its retail employees to at least £10.60 as of this month, and introduced an incremental pay structure.Store staff received an average salary increase of 6.7% for 2023/24 as a result of the new hourly base rate ...
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ArticleLloydsPharmacy gives staff 5.75% bonus
Credit: Michael715 / Shutterstock.comLloydsPharmacy pharmacists have agreed to a pay deal in which they will receive a 3.5% bonus payment this month, followed by a 2.25% bonus in October.According to the Pharmacists’ Defence Association (PDA) union, which led negotiations on behalf of the employees, everyone in the bargaining unit, including ...
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ArticleBritish Transport Police reports 5.74% mean gender pay gap
Credit: William Barton / Shutterstock.comBritish Transport Police published its 2022 ethnicity and gender pay gaps, reporting a mean average gender gap in hourly pay of 5.74%.This was down 6% from its 2021 figure, with male and female staff earning a mean average hourly rate of £19.85 and £18.71, respectively. Its ...
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ArticlePret A Manger launches employee benefits platform
Food and drink chain Pret A Manger has implemented an employee benefits platform and wellbeing hub for its 8,000 UK employees.The 360 Recognition platform was launched in partnership with recognition and engagement provider Terryberry. It was custom designed to allow Pret A Manger staff to access rewards, benefits, recognition programmes, ...
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ArticleEXCLUSIVE: Employee Benefits Awards 2023 shortlist revealed
EXCLUSIVE: Tesco, Natwest Group, Channel 4 and Citi are just some of the employers which have made the highly anticipated shortlist for the Employee Benefits Awards 2023.The full list of finalists is available to read here.Employee Benefits would like to congratulate all of this year’s shortlisted finalists, and offer thanks ...
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ArticlePandora increases retail staff pay by up to 14%
Jewellery business Pandora has increased hourly pay for its UK and Ireland retail employees by up to 14% as part of its third pay review in the last 12 months.As of this month (April), sales assistants in London now received £11.95 an hour, while sales assistant employees across the rest ...
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ArticleJaguar Land Rover reports 6.7% mean ethnicity pay gap
Vehicle manufacturer Jaguar Land Rover has published its ethnicity pay gap for the first time, with its mean gap for 2022 standing at 6.7%.The employer’s median ethnicity pay gap was 2.4%, while its mean bonus gap was 44% and its median bonus gap was 0%. A total of 40% of ...
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ArticleSainsbury’s reports -1.6% mean ethnicity pay gap
Supermarket chain Sainsbury’s has reported a mean ethnicity pay gap of -1.6% for 2022, compared with -0.9% in 2021.The employer’s median gap was -4%, compared with -2.8% the previous year. Its mean ethnicity bonus pay gap was 31.3%, up from 22% in 2021, and its median gap was 12.5%, up ...