News – Page 59
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ArticleTesco to pay staff thank-you bonus of 1.25% of annual wages
Supermarket chain Tesco has introduced a thank-you bonus of 1.25% of annual wages for its store, customer fulfilment centre and customer engagement centre staff.This bonus has been implemented to recognise the hard work of Tesco employees during the industry challenges of the past year, and will apply to between 280,000 ...
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ArticleNylas to help fund start-ups of current and former employees
US-based communications application programme interface (API) provider Nylas has launched the Nylas Alumni Fund, to support both current and former employees who wish to launch early stage start-ups.Nylas has pledged to contribute up to $20,000 (£15,219.90) towards a seed round of funding in support of what it deems to be ...
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ArticleAllen and Overy reports 59% mean gender pay gap
Law firm Allen and Overy has published its fifth annual gender pay gap report, which found that its overall mean gender pay gap in 2021 was 59%, a slight decrease from 60% in 2020.Its overall median gender pay gap stood at 41%, just less than 46% in 2020. Meanwhile, its ...
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ArticleEmployment on the rise but real pay growth falters
The number of payrolled employees has increased between February and March 2022 for all regions of the UK except for the North West, according to research from the Office of National Statistics (ONS).For the three months ending February 2022, the highest employment rate estimate in the UK was in the ...
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ArticleMRL Consulting Group awards all staff 10% pay rise
Recruitment agency MRL Consulting Group has given all employees, regardless of length of service, role or seniority, a 10% pay increase as of 1 April.According to the business, which operates across Europe, Middle East and Africa, the Asia Pacific and the Americas, this is a response to the spike in ...
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Article59% say remote working has afforded them a higher salary
Almost three-fifths (59%) of remote workers said the practice has afforded them a higher salary, according to research by global compliance and payroll technology organisation Deel.Its survey of more than 700 individuals working remotely in 86 countries also found that just under two-thirds (64%) found it had helped them to ...
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ArticleVero Screening becomes accredited living wage employer
Employment screening provider Vero Screening has been accredited as a real living wage employer by the Living Wage Foundation.The accreditation means the organisation has committed to paying its 253 employees a wage based on the true cost of living rather than the government-set national living wage, which is currently set ...
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ArticleGusto Italian expands financial wellbeing package
Casual dining restaurant group Gusto Italian has partnered with automated cloud payroll software provider PayCaptain, as part of a push to get financial wellbeing and awareness higher on its 600 employees' agendas.As a result of the partnership, employees are now able to access pay on demand. This includes wage advances, ...
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ArticleClifford Chance finds mean 44% social mobility pay gap in first report
Magic circle law firm Clifford Chance has voluntarily reported its social mobility pay gap for the first time, finding a mean 44% difference in pay between the professional and working classes in 2021.This gap dropped to 26% between the intermediate and working classes, and 24% between the professional and intermediate ...
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ArticleThe Football Association reports 14% mean gender pay gap
The Football Association (FA) has published its latest gender pay gap report, which outlined that its mean hourly pay gap fell by 4% since 2020, to 14% in favour of male employees.The median hourly pay gap, which measures the difference in pay between mid-level male and female employees, has also ...
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ArticleRound-up of tax and legislative changes taking effect in April 2022
This month sees a number of legislative changes impacting pay and benefits packages. These include:The government-set national living wage for people aged 23 or older rose to £9.50 an hour on 1 April, which is a 6.6% increase on the previous rate of £8.91.The national minimum wage for those aged ...
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ArticleQuilter introduces menopause and health policy
Wealth management business Quilter has launched a menopause and gynaecological policy and guide, to support employees experiencing menopausal symptoms or other gynaecological health issues.According to the firm, which employs 3,900 members of staff, the policy and guide signal its commitment to supporting people transitioning through the menopause. It aims to ...
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ArticleAdecco Group UK and Ireland publishes gender pay gap report
Recruitment agency Adecco Group UK and Ireland has revealed that its mean gender pay gap widened by more than 8% in 2020, to -13% from -4% in 2019.The median gender pay gap for colleagues and associates largely stayed flat at -2.38%, compared to -2.23% in 2019, while female representation in ...
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Article28% of UK office staff are considering quitting due to pay
More than half (53%) of UK office workers say they are considering leaving their job, according to a survey from Virgin Media O2 Business, with 28% citing pay as a reason to quit.The annual Connected working survey, which polled 2,000 UK office workers, looked at the role of technology in ...
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ArticleLondon Early Years Foundation awards pay rise and bonus
Credit: Isabelle Johnson/London Early Years FoundationLondon Early Years Foundation (LEYF) has awarded its more than 800 employees a pay rise and a bonus in recognition of their efforts and to help attract new talent.From 1 April, all staff across its 39 nurseries and central office staff, including bank staff and ...
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ArticleBarclays awards pay rise to US staff
Banking organisation Barclays has increased its minimum hourly pay rate for more than 900 members of staff located in the United States as of March.The new rate, which varies by location based on cost-of-living indices, has risen to at least $20.50 (£15.62) per hour from $17.00 (£12.95) per hour. The ...
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ArticleThe top 10 most-read articles between 25 March – 31 March 2022
The top 10 most-read stories on employeebenefits.co.uk between 25 March and 31 March 2022 were: London Underground drivers to get 8% pay riseCurrys introduces hybrid-working model64% of UK staff would take pay cut for other benefitsRevolution Bars Group gives 3,000 staff a pay riseHargreaves Lansdown launches trans and non-binary equality ...
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ArticleEdison365 makes four-day week permanent
Innovation management platform Edison365 has permanently moved to a 32-hour four-day week following a successful three-month pilot scheme for its 30 employees across its UK and USA offices.The business, which originally trialled a 4.5-day working week in 2020 where staff were allowed to finish at 2pm each Friday, has had ...
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Article19% of staff feel employer does not do enough for financial wellbeing
Nearly one in five employees (19%) feel their employer is not doing enough to support their financial wellbeing, according to research by the Chartered Institute of Personnel and Development (CIPD).Its research, which polled more than 2,500 employees, also found that 12% said their pay is not enough to support an ...
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ArticleWiltshire Police reports 9% mean gender pay gap
Wiltshire Police has seen mean its gender pay gap widen by almost half a percent according to its Gender pay gap report 2021.The police force, which currently employs 1,212 women and 1,151 men, reported an overall mean gender pay gap of 8.99% as of 31 March 2021, which has narrowed ...