News – Page 41
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ArticleEmployers using pay to drive performance more likely to outperform peers
Businesses that make effective use of pay programmes to drive individual and team performance are 1.2 times more likely to outperform others, and 1.4 times more likely to report higher employee productivity, according to research by Willis Towers Watson (WTW).More than 800 global organisations were surveyed, highlighting that employers using ...
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ArticleBarratt Developments UK reports 8.8% mean gender pay gap
Housebuilding organisation Barratt Developments UK has published its 2022 gender pay gap report, showing its mean gender pay gap to have widened from 6.2% in 2021 to 8.8%.The business' median gender pay gap also widened, from -0.4% last year to 6.3% in 2022. The mean bonus pay gap increased from ...
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Article18% of employers offer staff a salary advance scheme
Employee Benefits poll: Almost a fifth (18%) of organisations offer a salary advance scheme allowing staff to access their wages before payday, according to an online survey among Employee Benefits readers.Conversely, 54% of respondents said that they do not offer a scheme of this kind. However, 31% revealed that while ...
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ArticleJacob’s Cream Crackers gives factory staff 6.5% pay rise
Credit: Claudio Divizia / Shutterstock.comMore than 750 factory employees for Jacob's Cream Crackers, owned by Pladis, secured an improved pay deal after 11 weeks of strike action.The employees, who also make Mini Cheddars, Clubs and Twiglets at the site in Aintree, the primary facility for the business' products in the ...
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ArticleHorse trainer fined €4,000 for failure to pay bonuses to staff
Declan Queally, a horse trainer in Ireland, was fined €4,000 (£3449.24) following an inspection of his stable yard and business, which found he had failed to pay necessary bonuses to staff under the Stable Employee Bonus Scheme.The scheme, which came into force in May 2000, is financed by a 3% ...
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ArticleSearch Intelligence pledges to pay employees' winter utility bills
Digital PR agency Search Intelligence has committed to pay its 50 employees a monthly bonus during the winter months, with the aim of easing the pressure of rising utility bills.Starting in December, for three months Search Intelligence will pay staff an extra £250, amounting to an investment of £12,500 more ...
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ArticleNorthern Ireland government confirms £1,400 NHS pay award
The Department of Health in Northern Ireland has implemented pay awards for NHS staff for 2022-23, amounting to at least £1,400 per annum for those on banded salaries covered by the Agenda for Change.Salaried doctors and dentists, meanwhile, were awarded a 4.5% increase. Both pay awards were backdated to 1 ...
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ArticleBillionaire boss hires out Disney World exclusively for 10,000 staff
Credit: Viaval Tours / Shutterstock.comSomething for the weekend: Ken Griffin, founder of hedge fund and trading business Citadel and Citadel Securities, has thanked 10,000 employees by flying them out to Walt Disney World in Florida for three days, as well as hiring famous musicians to play at the business’ corporate ...
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ArticleThe top 10 most-read articles between 2 - 8 December 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 2 and 8 December 2022 were: Natwest gives 59,000 employees cost-of living paymentHachette UK gives staff cost-of-living payment and increases holidayAxa UK introduces free period products in all UK offices Asos and UK Power Networks make Inclusive Top 50 UK Employers ListGeneral ...
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ArticleSTR Group rewards staff with 5% salary increase
International recruitment firm STR Group has given its workforce a pay rise worth 5%, an investment of more than £250,000, as of 1 January 2023.The business, which employs 150 members of staff, carried out a full-scale review of salary bandings and made changes to its salary and commission schemes as ...
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ArticleMetroline gives London bus drivers 11% pay increase
Credit: Martin Gillman / Shutterstock.comMore than 2,000 Metroline bus drivers in London called off industrial action after accepting an 11% pay rise deal, with a 10% increase on back pay.The employees, working for the Singapore-based subsidiary Metroline Travel, were originally offered a 4% increase. They then rejected a 10% pay ...
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ArticleZopa Bank increases minimum salary to £27,000
London-headquartered Zopa Bank has raised the minimum salary for its more than 600-strong workforce by more than 20% as a response to the cost-of-living crisis.The bank raised its base salary to a minimum of £27,000, 25% above the London living wage. It has also provided an additional winter bonus of ...
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ArticleHachette UK gives staff cost-of-living payment and increases holiday
Publishing business Hachette UK has increased starting salaries and holiday benefits, and awarded staff a performance-related bonus and a cost-of-living payment.Due to come into effect in January, UK and Ireland publishing and distribution employees have been given a non-consolidated £1,000 cost-of-living payment. Senior team members will not be eligible for ...
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ArticleShelter employees strike in pay dispute
Credit: ClimbWhenReady / Shutterstock.comStaff employed by housing and homeless charity Shelter have commenced two weeks of strike action today (Monday 5 December) in a dispute over pay.More than 500 employees who are members of trade union Unite voted to strike following a 3% pay offer from the charity, which the ...
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ArticleItsu launches benefits centred on major life transitions
Restaurant and grocery chain Itsu has launched a benefits package that aims to support its 1,500 members of staff through major life transitions, including becoming a parent, moving home, and undergoing gender reassignment.Among the benefits it introduced in November was paid leave for various life events. For employees experiencing the ...
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ArticleThe top 10 most-read articles between 25 November - 1 December 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 25 November and 1 December 2022 were: Ikea gives staff 6% pay rise and enhances benefitsHarrods security guards strike in pay dispute75% of HR professionals see mental wellbeing as key focus for 202347% of businesses plan bonuses for Christmas 2022Scotrail implements minimum ...
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ArticleGeneral Electric agrees to £15,600 payment for steam plant employees
Energy business General Electric has agreed to give 75 employees at the GE Steam plant in Rugby a series of one-off payments amounting to £15,600 each.The agreement ended a long-running pay dispute between GE Steam and members of the trade union Unite, which led to intermittent strike action from April ...
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ArticleNatWest gives 59,000 employees cost-of living payment
Credit: William Barton / Shutterstock.comBanking organisation NatWest has implemented a one-off cash payment for all employees in junior and junior manager positions, benefitting approximately 59,000 global members of staff during the cost-of-living crisis.For the 39,000 UK-based employees, the payment was agreed at £1,000, with equivalent amounts in all other locations. ...
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ArticleTheme park employees go above and beyond despite contract rollercoaster
Credit: DeepakJoshi / Shutterstock.comSomething for the weekend: In what is quite the opposite of the current talk of 'quiet quitting', employees at theme park Tivoli World in Benalmadena, Spain have continued taking good care of their place of work, even after its ride came to an end.Like many businesses, the ...
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ArticleRoger Bullivant updates parental leave policies
Ground engineering firm Roger Bullivant has enhanced its maternity and paternity policies, with changes due to take effect from 1 January 2023.The business, which employs more than 500 people across seven regional offices in England, Scotland and Wales, updated its maternity pay to give employees 14 weeks on full pay, ...