News – Page 126
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ArticleIllinois raises minimum wage to $15 an hour
On 19 February 2019, Governor of Illinois JB Pritzker signed legislation to increase the state’s minimum wage from $8.25 (£6.31) an hour to $15 (£11.48) an hour by 2025.The SB 1 minimum wage legislation is set to benefit 1.4 million employees.Illinois last increased its minimum wage nine years ago, and ...
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ArticleTotal pay has increased by 1.3% in real terms since December 2017
Total pay for employees in Great Britain, which includes bonuses, increased by 1.3% in real terms between the periods of October to December 2017 and October to December 2018, according to research by the Office for National Statistics (ONS).Its UK labour market: February 2019 report also found that regular pay ...
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ArticleTwo Philadelphia restaurants fined $1m for minimum wage and overtime violations
Two Philadelphia-based restaurants, JHSK and Osaka Japan Restaurant, and their owner have agreed to pay a $1 million (£773,805) settlement for minimum wage and overtime violations.The restaurants, both operating as Osaka, have agreed to a consent judgement ordering them to pay $935,000 (£723,507.67) in back pay and liquidated damages to ...
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ArticleThree-fifths cite having more than 28 days of annual leave as an important benefit
Approximately three-fifths (59%) of employees state that having more than 28 days of annual leave within their benefits package is important; however, only 36% of employers offer this, according to research by recruitment organisation Hays.The Hays salary and recruiting trends 2019 guide, which surveyed 7,820 employers and 14,889 employees, also ...
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ArticleUK ranks at 13 out of top 21 European economies for entry-level salary
Entry-level employees in the UK earn a median gross base salary of £22,242, ranking 13th out of the top 21 European economies, according to research by multinational risk management, insurance brokerage and advisory organisation Willis Towers Watson.Its Global 50 remuneration planning report, which features data on remuneration practices across 60 ...
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ArticleBasic pay expectations in the private sector increase to 2.5%
Basic pay award expectations for quarter one of 2019 have increased from 2% to 2.5% in the private sector, according to research by the Chartered Institute of Personnel and Development (CIPD) and the Adecco Group; this is the highest recorded figure since the research's inception in 2012.The Labour market outlook ...
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ArticleKavitha Sivasubramaniam: Finding flexible ways to reduce financial worries
As our Financial Wellbeing Week, in association with Wealth at Work, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.An increasing number of businesses are recognising the affects of financial worries on employees, particularly the ...
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ArticleLegal action continues against Morrisons in equal pay case
Supermarket retailer Morrisons is due to face equal pay claims from thousands of current and former shop staff, potentially costing the organisation up to £100 million in settlements.Law firm Roscoe Reid, which is representing the claimants alongside workers' rights organisation Pay Justice, stated that it has received more than 5,000 ...
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ArticlePension Protection Fund reports a 23.7% mean gender pay gap for 2018
Image credit: Katherine EasterStatutory pension fund organisation Pension Protection Fund (PPF) has reported a 23.7% mean gender pay gap for fixed hourly pay as at April 2018; this is a decrease from 25% in April 2017.The organisation reported its gender pay gap data in line with the government’s reporting regulations ...
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ArticleSeven in 10 organisations see closing the gender pay gap as a priority
Approximately seven in 10 (69%) organisations view closing their gender pay gap as either a high or medium priority, an 8% increase on the previous year, according to research by the Government Equalities Office (GEO).The research took place from July to October 2018 and fed into two reports: Employers' understanding ...
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ArticleBristol Waste employees vote to accept two-year pay deal
Employees at refuse collection, street cleaning and recycling organisation Bristol Waste, who are members of the trade union Unite, have voted to accept a two-year pay deal.The agreed package, which will be backdated to November 2018, equates to a 6.2% pay increase over a two-year period. This means that the ...
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ArticleGlasgow City Council ratifies £548m worth of payments for equal pay compensation
Glasgow City Council has ratified a package of payments worth £548 million to compensate approximately 16,000 equal pay claims.The formal approval, agreed by the Council's administration committee on Thursday 7 February 2019, follows on from an agreement in principle made with trade unions Unison, Unite and GMB, as well as ...
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ArticleKavitha’s keynote: Employers must lead by example
Couriers for Hermes were no doubt delighted when, earlier this week, the parcel delivery business agreed to lead by example and provide them with benefits such as holiday pay and a guaranteed level of earnings.Described as a new ‘self-employed plus’ status, the deal allows workers to retain the flexibility of ...
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ArticleCamden Town Brewery sees 30% take up of flexible pay benefit
London-based Camden Town Brewery has seen 30% of its 160-strong workforce utilise a benefit that enables them to access a percentage of their monthly wages prior to payday.The benefit, provided by Wagestream, was introduced in September 2018 to help reduce employees’ financial stress and assist with monthly budgeting challenges, addressing ...
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ArticleTSB reports a 31% mean gender pay gap for 2018
Banking organisation TSB has reported a 31% mean gender pay gap for fixed hourly pay as at April 2018; this is unchanged from April 2017.The organisation, which currently employs more than 8,000 staff, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations and ...
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ArticleThe Chartered Insurance Institute reports a 1% mean ethnicity pay gap
The Chartered Insurance Institute (CII) has voluntarily disclosed the ethnicity pay gap across its 243 employees, reporting a 1% mean ethnicity pay gap for hourly pay in 2018.The professional body published the information on 30 January 2019, as part of a new report aiming to encourage dialogue around diversity and ...
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ArticleAverage advertised salaries have increased by 3.9% since December 2017
The average advertised salary in the UK increased by 3.9% between December 2017 and December 2018, according to research by job search engine Adzuna.The UK job market report: January 2019 is based on online vacancy data from across 500 sources. It also found that the average advertised salary in the ...
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ArticleHermes offers 15,000 self-employed couriers holiday pay and guaranteed rates
Parcel delivery organisation Hermes has agreed a collective bargaining agreement with the trade union GMB for its 15,000 self-employed couriers, giving them the option to earn holiday pay and have a guaranteed rate of pay.The agreement, which has been designed to support the rights of self-employed individuals providing courier services ...
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ArticleAsda reports a 12.4% mean gender pay gap for 2018
Supermarket retailer Asda has reported a 12.4% mean gender pay gap for fixed hourly pay in 2018; this is 0.1% less than the 12.5% gap it reported for 2017.The organisation, which has 147,000 employees in the UK, reported its gender pay gap data in line with the government’s gender pay ...
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ArticleChief executive offers £40,000 to jet fashion designer around the world
Something for the weekend: A UK-based chief executive officer is offering a lucrative £40,000 pay slip, 28 days of annual leave and full sick pay in order to hire an experienced fashion designer to travel the world with her for the next 12 months.The job, posted on online fashion manufacturing ...