News – Page 79
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ArticleCoastal Recycling becomes employee owned
Exeter, UK based recycling and refuse collection services provider Coastal Recycling has announced its 140 employees are now the majority stakeholders in the business through an employee ownership trust (EOT).This means Coastal Recycling can maintain its independent status, enable its staff to receive a share of profits and a bonus ...
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ArticleSenior male staff are paid 23% more than females
Male employees in senior positions get paid 23% more than women at director levels, according to new research from Movemeon.com and Payspective.com.Movemeon.com, a strategic and commercial professionals hiring channel, and its sister data provider company Payspective.com, carried out its 2021 Work and pay research compiled from 35,000 data points to ...
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ArticleTyne and Wear Metro staff to strike over pay freeze
Tyne and Wear Metro employees have planned for seven days of industrial action over a pay dispute with their employer Swiss rail giant Stadler.The staff, who are members of the Unite and RMT union, are striking in response to a wage freeze from 28 June. Stadler, which maintains Metro’s train ...
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ArticleJD Sports faces criticism over chairman’s £4.3 million bonus
JD Sports is facing investor criticism after its executive chairman was awarded a £4.3 million bonus despite the organisation receiving millions of pounds in Covid-19 (Coronavirus) support.According to the sports fashion retailer, Peter Cowgill's total pay, including a short-term 75% salary reduction between April and August last year, reached nearly ...
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ArticleGates Power Transmission faces industrial action over pay cuts
Hundreds of Gates Power Transmission employees will be balloted for industrial action due to the organisation's attempts to impose cuts on pay.The union GMB Scotland has served a formal notice to management at the Dumfries-based vehicle drive belts manufacturer, which is part of the Gates Corporation, stating that it will ...
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ArticleHargreaves Lansdown becomes living wage employer
Hargreaves Lansdown has become a Living Wage Foundation accredited employer.The financial services company will join 164 others that have received such recognition, and is the forty-third accredited living wage employer on the FTSE 100 Index.Hargreaves Lansdown's commitment will see all staff and contractors receive at least £9.50 per hour across ...
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ArticleHR managers see 5% pay boost in 2021
HR managers received the third highest pay rise for professionals this year, according to research from specialist recruiter Randstad.The study, which looked at the salaries of more than 9,000 UK workers, along with data from 700 placed jobs, revealed that HR managers were in the top five professions for wage ...
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ArticleBe the Big Cheese and get paid $10,000
Something for the weekend: Want to be the Next Big Cheese? Well here’s your chance. Snack maker Whisps is on the hunt for a cheese content officer.To apply for the job, all you have to do is send the Whisps team your "cheesiest joke" and give your considered opinion on ...
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ArticleThe top 10 most-read articles between 4 June – 10 June 2021
The top 10 most-read stories on employeebenefits.co.uk between 4 June – 10 June 2021 were: EXCLUSIVE: Invesco completes launch of single technology benefits platformGeneral Electric faces industrial action over pension reformsTesco staff win equal pay battle in European CourtConfessions: Candid discovers the dark arts of commsHave employers placed wellbeing at ...
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ArticleGender pay gaps narrow for third consecutive year
Gender pay gaps at UK businesses have shrunk for the third year in a row, according to professional services firm PricewaterhouseCoopers (PWC)’s analysis on 2020 to 2021 disclosures.However, with more than three-quarters of companies having delayed reporting their pay gaps until 5 October, in line with the extension granted by ...
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ArticleUK government plans to launch watchdog for employees’ rights
The UK government has announced that it plans to launch a new workers’ watchdog to protect the rights of UK employees.The responsibilities of the new single body will include tackling modern slavery, enforcing the minimum wage and protecting agency staff, which are currently spread across three different bodies.According to the ...
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Article16% of employees want to contribute more to their workplace pension
A total of 16% of employees plan to increase their workplace pension contributions as a result of the Covid-19 (Coronavirus) pandemic, according to findings from Close Brothers.The new report, Expecting the unexpected: a spotlight on preparing for a crisis, was compiled based on data from 2,000 UK-based staff at companies ...
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ArticleTesco implements 2.7% hourly rate pay rise for employees
Supermarket chain Tesco has announced a 2.7% pay rise for staff who are paid by the hour, increasing their rate from £9.30 to £9.55.The new rate, that is above inflation, will apply to employees working in stores as well as those in customer fulfilment centres as part of a one-year ...
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ArticleAddo Food Group celebrates long service with employee awards
Pastry products producer Addo Food Group has awarded a group of its long-standing employees with a cash bonus or vouchers of their choice.The cash bonus or vouchers have been awarded as a result of 31 members of staff having worked collectively for the organisation for 630 years at its Palethorpes ...
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ArticleBAM becomes living wage service provider
BAM Facilities Management, which is part of construction company BAM Construct UK, has become a Living Wage Foundation recognised service provider.BAM joins 163 companies already classed as recognised service providers, with the recognition meaning it is voluntarily paying its own employees a higher rate than the UK living wage. The ...
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ArticleTesco staff win equal pay battle in European Court
The European Court of Justice has ruled that thousands of former and current Tesco employees working in stores can compare their roles to staff working in distribution centres for the purpose of equal pay.A group of the supermarket giant's mostly female shop floor staff, represented by law firm Leigh Day, ...
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ArticleConfessions of a benefits manager: Candid discovers the dark art of comms
As I’m getting ready to send reminders out on our voluntary benefits platform, Big Bad Boss insists that I get the new vice president of communications involved. This seems a bit overkill, I mean it’s not even a new programme. Still, I’m not going to turn my nose up at ...
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Article89% of employees prefer a flexible pay method
New research has revealed that nine in 10 employees prefer flexible pay, or Earned Wage Access (EWA), over alternative methods.The analysis was carried out by a group of financial charities, social impact research firm 60 Decibels, and charity-backed financial wellbeing service Wagestream. The study tracked the impact of employers removing ...
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ArticleSodexo UK and Ireland reveals 5% ethnicity pay gap
Life services organisation Sodexo UK and Ireland has announced a mean ethnicity pay gap of 5%.The gap between all white employees and all black, Asian and mixed race employees is 5%, 7% and 2% respectively.This is the first time the company has included ethnicity data in its pay gap report, ...
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ArticleUK Food Standards Agency reveals negative gender pay gap
The UK government department Food Standards Agency (FSA) has announced a negative mean gender pay gap of -9.6% for 2020, with a mean gender bonus pay gap of -16.3%.According to the FSA, the mean gender pay gap is based on the difference in the average hourly pay for women compared ...