News – Page 6
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ArticleExclusive: Welsh government rolls out new employee benefits framework
The Welsh government has appointed employee benefits provider Vivup to deliver the managed service provision for its employee benefit schemes.Launched this week and set to run until 2028, with break clauses at the end of years two and three, the managed service provision framework includes a fully managed service and ...
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ArticleDelta awards 100,000 staff 10.4% of earnings through global profit share scheme
American airline Delta has awarded its more than 100,000 employees a payment worth 10.4% of their eligible earnings as part of its profit share scheme.The scheme, which was created to boost employee morale and cultivate a workplace of gratitude and teamwork, allows staff to receive their share of Delta’s 2023 ...
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ArticleCosta Coffee to increase pay for more than 15,000 employees
Costa Coffee will increase pay for more than 15,000 employees in its 1,500 UK employer-owned stores from 1 April.The starting rate will rise to £12 per hour from £10.70 for baristas, which is a 9% increase and part of a more than £15 million investment. This is also 56p per ...
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ArticlePRS for Music reports 14.9% mean ethnicity pay gap for 2023
Image credit: Andi SmallwoodMusic copyright collective PRS for Music has reported a 14.9% mean ethnicity pay gap for 2023, down from 17.6% from 2022.Its 2023 gender and ethnicity pay gap report revealed that its median gap was 13.1%, down from 14.6% the prior year. There was an increase in the ...
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ArticleThe top 10 most-read articles between 2 - 8 February 2024
The top 10 most-read articles on employeebenefits.co.uk between 2 - 8 February 2024 were: Bupa rolls out period wellbeing plan to UK staffTribunal finds AstraZeneca scientist with mental health disability was wrongfully dismissed20% of employees want better reward, incentives or recognition30% of staff have or would call in sick to ...
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ArticleSantander UK reports 13.4% mean ethnicity pay gap
Banking organisation Santander UK has reported a 13.4% mean ethnicity pay gap for 2023, up 4.3 percentage points from 2022’s figure.The employer’s median ethnicity pay gap was 17.6%, up 9.6 percentage points from the previous year. Its mean ethnicity bonus gap was 35.6%, up 6.6 percentage points from 2022, and ...
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ArticleOne day left to enter Employee Benefits Awards 2024
HR, reward and benefits professionals who want to be in with a chance of winning at the Employee Benefits Awards 2024 have just one day left to enter.This is the final opportunity to enter and win recognition as the final deadline is tomorrow: Friday 9 February.Now in its 22nd year, ...
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ArticleE.On UK reports 13.1% mean hourly gender pay gap
Credit: nitpicker / Shutterstock.comEnergy provider E.On UK has reported a 13.1% mean hourly gender pay gap for 2023, down 0.5% from 2022’s figure.The employer’s median hourly gender pay gap was 21.2%, down 3.9% from the prior year’s figure. Its mean average bonus pay gap was 44.2% in favour of men ...
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Article20% of employees want better reward, incentives or recognition
One-fifth (20%) of employees looking for a new job want better reward, incentives or recognition from their employer, according to research by gift cards, incentives and payments provider Blackhawk Network.Its survey of 1,000 UK employees also found that 23% of respondents wanted improved benefits options from their employers, 80% would ...
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ArticleEquity and ITC agree to pay and financial improvements
Credit: Brian SlaterTrade union Equity and independent performing arts management association Independent Theatre Council (ITC) have agreed to a pay rise and improved financial provisions as part of a new three-year agreement.The Ethical Manager Agreement 2024-2027, which applies to performers, stage management and choreographers in the independent performing arts sector, ...
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ArticleChildbase Partnership introduces 20 extra paid days off for staff
Nursery care provider Childbase Partnership has implemented 20 extra paid days off a year for its 2,300 employees as of this month.Known as Partnership reward days, the initiative is based on contracted hours worked in the previous three months and will enable full-time staff to be able to take up ...
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ArticleThe top 10 most-read articles between 19 - 25 January 2024
The top 10 most-read articles on employeebenefits.co.uk between 19 - 25 January 2024 were: Lidl GB gives pay rise to 26,000 hourly-paid employeesFCA manager loses full-time work from home claimMitie, The Perfume Shop and NFU Mutual UK certified as UK top employersLloyds Banking Group reports 5.7% mean ethnicity pay gapEngineering ...
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ArticleDPD disables AI online chatbot after it criticises service to a customer
Something for the weekend: Parcel delivery business DPD has had to disable its artificial intelligence (AI) online chatbot after a customer figured out how to make it swear and write negative poems about its service. If you have ever felt demotivated or unengaged at work, then do not worry, because ...
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ArticlePandora UK and Ireland gives retail employees one-off bonus
Jewellry brand Pandora has awarded its 2,600 retail employees across UK and Ireland a one-off bonus, following its 2023 financial results.The organisation will pay out bonus payments starting at £100, which will increase depending on employees’ roles. The bonus is in addition to their existing monthly sales incentive programme.The bonus, ...
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ArticleEden Hotel Collection awards staff for long service
Boutique hotel group Eden Hotel Collection has recognised 50 of its employees who have been in their roles for five years or more at a long-service awards ceremony.The group employs more than 425 staff across its hotels, which include The Arden Hotel in Stratford-upon-Avon, The Greenway Hotel and Spa in ...
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ArticleLidl GB gives pay rise to 26,000 hourly-paid employees
Supermarket Lidl GB is to give its 26,000 hourly-paid employees a pay rise as part of a £37 million investment into their wages.From 1 March, entry level rates will increase from £11.40 to £12 outside of the M25, rising to £13 with length of service. For those working within the ...
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ArticleWalmart to increase store managers' salaries
US supermarket chain Walmart is to increase the salaries of its store managers and invest in a redesigned bonus programme from next month.As a result of its investment and upcoming annual increases, store managers’ average salary will rise from $117,000 (£92,283) to $128,000 (£100,960) a year. This is alongside the ...
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ArticleOptagon Group becomes employee owned
Credit: The Optagon GroupOptagon Group has become employee owned through an employee ownership trust model.Based in Coventry, Optagon owns and operates brands such as flat roofing materials specialist Rubber4Roofs, Roof Depot, SkyGuard and Kitbuildr. Its 50 employees now own the majority of the firm and have a meaningful stake in ...
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ArticleFirst Bus to become living wage employer
UK bus operator First Bus is to become a living wage employer from 1 April 2024.The accreditation will see its 1,300 employees across the UK, and workers employed through third party contractors, benefit from a pay rise to at least £12 per hour.The living wage is a voluntary rate of ...
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ArticleGamban receives accreditation for investing in employees
Software firm Gamban has received platinum accreditation from Investors in People.It received the accreditation due to the passionate influence, purpose and ambition of its senior leadership, who staff stated that they find motivating, inspirational and trustworthy.Its organisational values were found to be well embedded, it embraced change in all aspects ...