News – Page 65
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ArticleChief execs got average bonus of £172,897 in 2021
Chief executives received an average bonus of £172,897 in the year to October 2021, data has shown, while entry level employees and routine task providers were awarded just £642 and £643 respectively.Research from Cendex, the rewards analytics arm of HR resource provider XpertHR, found that 25% of chief executives were ...
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ArticleLux launches four-day working week
Creative agency Lux has introduced a four-day working week for its 11 employees.All staff at the Edinburgh-based firm, which specialises in the food and drink sector, are now able to work a 32-hour week on an elective basis with no reduction in salary as part of their contracts.Lux worked in ...
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ArticleSerco-employed hospital staff to strike over pay
Hundreds of hospital porters, cleaners and catering staff employed by outsourcing business Serco are to go on strike in a dispute over pay.Members of the union Unite who work at London hospitals St Bartholomew's, the Royal London and Whipps Cross will walk out for two weeks from Monday 31 January, ...
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ArticleShaw Healthcare to pay staff real living wage
Care home operator Shaw Healthcare has decided to pay its 3,200 employees the real living wage regardless of their length of service.As of 1 March 2022, depending on roles and the existing pay scale, all members of staff will see an increase in their salaries of between 3% and 10% ...
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ArticleAdur and Worthing Councils refuse staff vote for pay rise ballot
Refuse workers employed by Adur and Worthing Councils in West Sussex have voted in favour of a bin strike ballot over a pay rise dispute.According to the GMB union, 92.5% of members took part, with 100% voting to take industrial action. It said that this was due to the council’s ...
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ArticlePraxis Care launches new pay and benefits package
Social care provider Praxis Care has introduced a new pay and benefits package for its 1,800 employees, as well as extending Covid-19 (Coronavirus) recognition payments to all.According to the business, these initiatives are in recognition of the “challenging” labour market and a bid to attract and retain employees, with them ...
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Article78% of UK staff would move job for remote working
New data has revealed that 78% of UK employees would change their jobs if they were offered the chance to work fully remotely on a permanent basis.A survey of 1,021 UK workers, undertaken by Marketing Signals, found that, when asked why working remotely would make them move jobs, 60% said ...
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ArticleBarton’s blog: How will reward strategies respond to soaring inflation rates?
The cost-of-living crisis hit the headlines this week, as the Office for National Statistics announced the consumer prices index (CPI) of inflation rose faster than expected to a 30-year high of 5.4% in December 2021. Despite news of higher starting salaries and rises in basic pay increases, UK households face ...
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ArticleThe top 10 most-read articles between 14 January – 20 January 2022
The top 10 most-read stories on employeebenefits.co.uk between 14 January and 20 January 2022 were: 2022 pay rise budgets soarRocco Forte Hotels launches engagement programmeFour-day week pilot introduced in the UKMercedes-Benz staff to strike over pay48% of employers do not have IVF policiesTop tips for introducing or updating health-related leave ...
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ArticleMedian basic pay increase to rise to 2.5%
The median basic pay increase is predicted to rise to 2.5% in January, an increase against the 2021 quarter four figure of 2%, according to the latest data from XpertHR.Across the whole economy in 2021, the median basic pay award stood at 1.8%, which is just below the 2% recorded ...
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ArticleMercedes-Benz staff to strike over pay
Technicians employed by Daimler’s Mercedes-Benz Retail Group (MBRG) have voted in favour of a four-day strike over pay.A total of 185 members across the car retail group’s nine sites voted by majorities of 80% to 100% to hold strike action towards the end of last year, due to a third ...
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ArticleWise launches new leave policies for staff
Global technology company Wise has announced new leave policies for all of its 3,000 employees across the world as of January 2022.According to the business, it has decided to apply its minimum holiday, parental leave and general leave policies in order to create a fairer global standard, where members of ...
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ArticleFour-day week pilot introduced in UK
A six-month pilot programme of a reduced-hour work model has been launched in the UK by 4 Day Week Global in partnership with think tank Autonomy and the 4 Day Week UK Campaign.Researchers at Cambridge University, Boston College and Oxford University also worked on introducing the model, which runs in ...
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ArticleLinklaters reports narrowed gender pay gap
Law firm Linklaters has revealed narrowed gender and ethnicity pay gaps in its 2021 UK gender pay report, which was published this week.The mean gender pay gap for employees, including equity partners, was 61.9% in 2021, which was down from 62.9% in 2020. The mean pay gap, which excludes equity ...
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ArticleThe Landmark London introduces a four-day week
Five star hotel The Landmark London has launched a scheme to allow its chefs to work a four-day week with increased pay as part of a continued commitment to invest in team wellbeing.According to the business, the change was devised by executive head chef Gary Klaner in order to deliver ...
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Article61% of UK staff are unhappy with their salary
Three out of five (61%) UK professionals are unhappy with their current salary, according to a new survey.Independent job board CV-Library surveyed 1,500 professionals and revealed that lawyers, teachers and new graduates were the most disappointed with their current pay packets. Despite many being unhappy, more than half (55%) stated ...
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ArticleTUC warns reduced isolation will not fix sick pay issue
The Trades Union Congress (TUC) has warned that the new government policy of reducing minimum self-isolation from seven days to five will not fix the UK’s fundamental sick pay problem.The union body has published a new analysis based on new Office for National Statistics data which estimates that 2.7% of ...
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Article2022 pay rise budgets soar
UK employers increased the amount of money they put aside for staff pay rises over the second half of last year, it has emerged.Research by global advisory, broking, and solutions company Willis Towers Watson (WTW) found that average 2022 pay hike budgets grew from 2.9% in July 2021 to 3.2% ...
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ArticleThe top 10 most-read articles between 7 January – 13 January 2022
The top 10 most-read stories on employeebenefits.co.uk between 7 January and 13 January 2022 were: UK Swissport staff receive above-inflation pay riseA changing pension landscape: what can employers expect in 2022?Benefex acquires engagement platform WrkitSainsbury's increases shop staff pay to £10 an hourB&M awards bonus to 24,000 staff75% of white ...
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ArticleHow to scrum down for salary success regardless of education
Something for the weekend: Maybe you spent your student years watching daytime soaps, scouring town centres for cheap booze and generally doing anything other than studying; or perhaps you were rather more productive at that age grafting away on an apprenticeship or learning the ropes of your first job. Either ...