News – Page 53
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TSB gives lowest earning staff £1,000 cost-of-living bonus
Banking group TSB has awarded 4,500 of its employees a £1,000 bonus to help with the cost-of-living crisis.The bonus will consist of two £500 payments, in October 2022 and February 2023. These will be paid to those in the bank’s three most junior grades, who earn on average up to ...
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K5K to pay tax and National Insurance bill after misclassifying employees
Healthcare employment agency K5K has been ordered to pay a £260,991.21 tax and National Insurance (NI) bill after its appeal regarding Section 44 legislation was dismissed at a First Tier Tribunal hearing.Section 44 was introduced in 2014 in order to stop employment agencies from supplying sole traders whose employment status ...
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Aviation Fuel Services staff at Heathrow secure 12.5% pay increase
A total of 48 employees of Aviation Fuel Services (AFS) have received a 12.5% pay rise, an increase in weekend overtime rates, and a £2,500 bonus.The staff are responsible for refueling half of the non-British Airways traffic at Heathrow airport, including Virgin Atlantic, United, Singapore, KLM, American, Emirates, Air France ...
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Aldi increases hourly pay for second time in 2022
Aldi has given its approximately 26,000 hourly paid store employees a second pay increase this year in order to remain competitive in the face of rising living costs.As of September, all UK-based store assistants at the German-owned grocery chain will receive an increase of 40 pence an hour on their ...
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Five Guys franchisee launches on-demand pay
Image credit: Ken Wolter / Shutterstock.comFive Guys franchisee Life's Food has introduced on-demand pay for its more than 200 employees, based across 23 locations in North Carolina, South Carolina and Tennessee.Through a partnership with on-demand salary provider DailyPay, Five Guys staff in Life's Food-run locations have been given the option ...
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The top 10 most-read articles between 15 July – 21 July 2022
The top 10 most-read stories on employeebenefits.co.uk between 15 July and 21 July were: Supreme Court rules teacher entitled to more holiday pay in landmark caseJohn Lewis Partnership becomes Menopause Friendly EmployerCourt of Appeal overturns injunction preventing Tesco from removing enhanced pay English NHS staff receive minimum £1,400 pay rise ...
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English NHS staff receive minimum £1,400 pay rise
The government has announced that more than a million NHS employees in England will get a pay rise of at least £1,400, with lowest earners getting an increase of up to 9.3%.Backdated to April 2022, porters and cleaners will see a 9.3% increase, eligible dentists and doctors will receive a ...
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Supreme Court rules teacher entitled to more holiday pay in landmark case
The Supreme Court has ruled today that a music teacher who only worked for part of the year, albeit on a year-round contract, was entitled to the same paid holiday as employees working all year, unanimously dismissing an appeal in landmark case The Harpur Trust v Brazel.The case focused on ...
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Virgin Money gives staff £1,000 cost-of-living payment
Financial services business Virgin Money has awarded staff a one-off cost-of-living payment of £1,000, which they will receive on top of their salary on Friday 19 August.A total of 78% of its permanent and fixed-term staff are eligible for the payment as they are paid £50,000 or less. Virgin Money ...
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Court of Appeal overturns injunction preventing Tesco from removing enhanced pay
The Court of Appeal has overturned an injunction that prevented supermarket chain Tesco from 'firing and rehiring' employees in order to remove their contractual entitlement to enhanced pay.In 2007, Tesco offered some employees incentives to move to new sites as an alternative to a redundancy package, which included retained pay ...
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Haleon introduces inclusive parental leave policy
Consumer health organisation Haleon has launched an equal parental leave policy to coincide with its first day as an independent business, following its demerger from GlaxoSmithKline.On its first day of trading on the London Stock Exchange, 18 July 2022, the business announced that its 22,000-plus members of staff across 170 ...
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London School of Hygiene and Tropical Medicine staff strike in pay row
Cleaners, porters, and post room and security staff working for the London School of Hygiene and Tropical Medicine (LSHTM) have begun strike action over an ongoing pay dispute.The employees, who are members of the Independent Workers’ Union of Great Britain (IWGB) and will strike until Wednesday 20 July, voted unanimously ...
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STR Group gives staff £500 bonus and summer trading hours
International recruitment business STR Group has awarded its 140-plus employees with a £500 cost-of-living bonus, and has introduced summer trading hours.As of this month, the Cosham-based firm will allow its staff to finish at 2pm every Friday, with some of the team who work US hours able to move to ...
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Merseyrail staff secure 7.1% pay increase
Credit: Zhao Zheming / Shutterstock.comMerseyrail employees have voted in favour of accepting a 7.1% pay rise deal following negotiations carried out by the National Union of Rail, Maritime and Transport Workers (RMT).The one-year pay deal was secured less than two weeks after the long-running dispute over the guard position on ...
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Gary Lineker's yearly pay could nab small private island
Credit: Cubankite / Shutterstock.comSomething for the weekend: While many employers do their best to help staff cope with the rising cost-of-living, the BBC has published the salaries of its highest paid stars, with Match of the Day host Gary Lineker (pictured) taking the top spot for the fifth year in ...
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The top 10 most-read articles between 8 July – 14 July 2022
The top 10 most-read stories on employeebenefits.co.uk between 8 July and 14 July were: Cadbury staff secure up to 17.5% two-year pay dealNatwest gives lowest earning staff £1,000 pay riseJet2holidays implements 8% pay rise and £1,000 bonusPeloton offers staff one-off cash bonus and stock options79% want employer support during cost-of-living ...
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Capital City College Group awards staff minimum 6% pay rise
Employees earning under £30,000 at Capital City College Group (CCCG) have won a 9% pay rise, while those earning between £30,000 and £45,000 have secured a 6% increase.Staff who are also University and College Union (UCU) members, earning between £30,000 and £45,000 will see a 5% increase in August, and ...
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Baker McKenzie increases newly qualified lawyer pay to £110,000
Global law firm Baker McKenzie has increased the starting pay for newly qualified lawyers from £105,000 to £110,000, as of this month.Trainee salaries have remained at their current rates, with first year trainees eligible for £50,000 and second year trainees receiving £55,000.According to the firm, which has around 13,150 employees, ...
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Royal Docks starts campaign to become London's first living wage place
Credit: dominika zara / Shutterstock.comThe Royal Docks in Newham, London, has launched a campaign to become a living wage place, with the aim of increasing the number of accredited employers by 50% over the next three years.The campaign has been launched at the same time as ExCeL London received living ...
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FDM Group reports -4.0% mean gender pay gap
FTSE 250 professional services firm FDM Group has published its 2022 gender pay gap results, finding a -4.0% mean gender pay gap.According to the firm, which employs 2,982 workers in the UK and 6,663 globally, this is an improvement on last year’s figure of 0.5%.FDM Group, which added more than ...