News – Page 50
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EXCLUSIVE: Lintbells launches financial wellbeing platform and cost-of-living bonus
Natural animal health supplement business Lintbells has rolled out a financial wellbeing platform for its 160 members of staff.Using the platform, provided by Bippit, employees will have free access to Financial Conduct Authority-regulated financial coaches matched to their needs, in order to help them achieve their goals and plan for ...
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Balfour Beatty increases holiday pay for electricians
Construction business Balfour Beatty has increased the number of full days of holiday pay for its electricians following a campaign by trade union Unite.From January 2023, all 280 electricians employed under the terms of the Joint Industry Board (JIB) or Scottish Joint Industry Board (SJIB), which are the industrial agreements ...
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The top 10 most-read articles between 26 August - 1 September 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 26 August - 1 September 2022 were: More than 80% of employers help staff with cost-of-living riseWest Brom Building Society gives staff one-off £1,200 paymentFour-fifths think employers should help with rising living costsBelfast City Council introduces extended bereavement leaveFormer Turner Contemporary employee ...
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Cartwright Group gives employees one-off £1,000 payment
Pension services provider Cartwright Group has awarded its staff a one-off £1,000 payment in order to help with the current cost-of-living crisis.This is in addition to employees’ salary, profit share, and other performance-related bonuses, and employees have already received the payment in their pay checks.Ian Cartwright, founder and chairman of ...
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Half of employers support the extension of statutory paternity leave
Almost half (46%) of UK organisations said they support extending statutory paternity or partner leave and pay, with 29% backing an extension to six weeks or more, according to new data from the Chartered Institute of Personnel and Development (CIPD).The professional body for HR and people development surveyed 2,000 senior ...
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West Brom Building Society gives staff one-off £1,200 payment
Credit: Wozzie / Shutterstock.comThe West Brom Building Society has awarded 430 of its employees a one-off £1,200 support payment in response to the rising cost-of-living.According to the building society, which employs around 615 members of staff, the payment has been targeted at those earning £35,000 or less per year, with ...
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Red Funnel agrees to pay deal worth at least 13.4%
Credit: Gail Heaton / Shutterstock.comRed Funnel, a ferry service between Southampton and Cowes, has awarded more than 140 employees a pay rise worth at least 13.4%.The employees, who work across a range of roles including customer service, and are members of trade union Unite, voted to accept the deal after ...
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Former Turner Contemporary employee wins employment status tribunal
Credit: Ron Ellis / Shutterstock.comAn employment tribunal has ruled that a former Turner Contemporary staff member was entitled to redundancy pay, despite the gallery's move to class her as a casual worker rather than an employee.Jan Wheatley and 39 others received an email in 2020 informing them of the removal ...
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Countrystyle Recycling staff secure 6% pay rise
More than 100 people employed by Bexley Council refuse contractor Countrystyle Recycling have voted to accept a 6% pay deal that protects their terms and conditions.The members of staff began strike action on 12 July, but it was then suspended on 27 July while negotiations with the Advisory, Conciliation and ...
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Four-fifths think employers should help with rising living costs
Four in five (80%) employees said their employer should help with rising living costs, according to research by insurance and financial services firm Canada Life.The survey was conducted by Opinium among 2,000 UK adults. It revealed that, in the face of the cost-of-living crisis, salary increases (54%), help with bills ...
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115,000 Royal Mail workers strike over pay
Around 115,000 Royal Mail workers have begun their first day of scheduled strike action today in a dispute over pay.The action has been organised by the Communication Workers Union (CWU), with 97.6% of members voting in favour in a ballot over Royal Mail's proposed pay increase. The union previously rejected ...
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More than 80% of employers help staff with cost-of-living rise
More than 80% of large UK organisations are taking action to help staff during the cost-of-living crisis, according to research by professional services firm PricewaterhouseCoopers (PWC).Its survey of 98 heads of reward and reward specialists from 84 organisations with more than 250 employees found that 53% have offered financial support ...
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The top 10 most-read articles between 19 - 25 August 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 19 - 25 August 2022 were: EXCLUSIVE: Natwest Group introduces menopause supportOddbox launches financial wellbeing platform for staff4Com gives staff extra £200 a month to help with energy bills Work-life balance beats salary as top factor in choosing new roleUK ranks sixth ...
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KraftHeinz to give 700 employees 5.5% pay rise and £1,200 bonus
Around 700 KraftHeinz employees, represented by trade union Unite, have secured a pay increase and bonus, overall worth 11% of their yearly wage.The deal includes a 5.5% increase on base rates and two one-off payments totalling £1,200, with the first payment of £500 to be paid immediately, and the second ...
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Sinead Carville: Are cost-of-living payments more effective than pay rises?
At FinTru, we have always been tuned into factors internally and externally that impact our employees. We have several mechanisms to elicit feedback and conversation from employees to understand and get ahead of factors that may be having a negative impact on them. It has not been lost on anyone ...
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John Hood: Are cost-of-living payments more effective than pay rises?
In these incredibly unprecedented times, any way employers are looking to support workers is positive. However, our focus, of course, is much more on the side of pay rises, rather than ad-hoc bonus payments.There are a few reasons for this, one of which is that our campaign at the Living ...
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Alison Kidd: Are cost-of-living payments more effective than pay rises?
One of the most effective ways to make colleagues feel supported is by engaging in honest conversation and listening to their concerns, their needs and their thoughts. By doing so, you can identify what, as an employer, you can do to make a positive difference on employee wellbeing.By taking this ...
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Work-life balance beats salary as top factor in choosing new role
Two-fifths (41%) of UK employees were attracted to their current role for the promise of work-life balance, compared with 36% who cited salary, according to research by workplace pension provider Aviva.This was a change compared to before the Covid-19 (Coronavirus) pandemic in 2019, when 41% were attracted to salary, the ...
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Burness Paull gives employees 5% bonus to reflect profits
Scottish law firm Burness Paull has awarded staff a payment worth either 5% of their annual salary or £2,500, depending on which is the higher figure, in order to reflect the strong performance of the business.The firm employs around 600 people, including 86 partners, across its offices in Edinburgh, Glasgow ...
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Former Manchester Working staff compensated for failed employment transfer
A dozen employees originally employed by Manchester Working (MW) have received compensation payouts after they were left jobless due to a failed employment transfer.The workers secured almost £65,000 after their elected employee representative Jane Deegan brought claims for failure to inform and consult under the Transfer of Undertakings (Protection of ...