News – Page 92
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ArticleGovernment publishes further guidance on Job Retention Scheme
The government has published further guidance on the Government Job Retention Scheme (GJRS), including details on flexible furlough and employees taking paid leave.The guidance outlines the increase in flexibility that the extended scheme provides when compared to its original implementation in March, such as allowing flexible furlough from the start.Under ...
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ArticleAldi rewards front-line employees with 10% bonus payment
Supermarket chain Aldi is rewarding its 35,000 front-line employees with a 10% bonus to recognise their efforts dealing with the increasing demand for products during the Covid-19 (Coronavirus) pandemic.The 10% bonus will be paid to all permanent and temporary staff that have worked on the front-line in Aldi stores, which ...
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ArticleLidl increases hourly pay for 20,000 employees
Supermarket chain Lidl has announced that it will increase hourly pay for 25,000 employees to further support their financial wellbeing.Employees on entry-level pay will see an increase of 20p to £9.50 an hour, and £10.75 to £10.85 for staff in London, which could go up to £11.85 depending on location ...
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ArticleTesco rewards staff with 10% bonus payment
Supermarket chain Tesco is rewarding its employees with a 10% bonus to recognise their efforts dealing with the increasing demand for supplies during the Covid-19 (Coronavirus) pandemic.The 10% bonus will be paid to all permanent employees that work within its stores, distribution centres, customer fulfilment centres and its customer engagement ...
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ArticleSimmons and Simmons resumes bonus reviews
International law firm Simmons and Simmons has resumed its annual pay and bonus reviews that were initially put on hold due to the financial uncertainty resulting from the Covid-19 (Coronavirus) pandemic.The employer delayed salary and bonus performance-based reviews, as well as partner distributions in April 2020 during a reduction in ...
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ArticleNetwork Rail gains living wage accreditation
Railway organisation Network Rail has officially become a real living wage employer, accredited by the Living Wage Foundation.Its 41,000 employees will benefit fromthe living wage, which has increased by 20p per hour as of 9 November 2020, to£9.50 outside of London and £10.85 in the capital. The living wage, which ...
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ArticlePRS for Music reports mean gender pay gap of 13.8%
Image credit: Andi SmallwoodPRS for Music has reported a mean gender pay gap of 13.8% for average hourly pay as at April 2020 down from 19.1% the previous year.The organisation, which currently has over 1,000 employees, reported its gender pay gap data in line with the government’s gender pay gap ...
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ArticlePandora to pay staff in full during Covid-19
Jewellery manufacturer and retailer Pandora will continue to pay its employees in full despite the financial ramifications of the Covid-19 (Coronavirus) pandemic.The employer has confirmed that despite lockdown measures forcing UK stores to close once again, Pandora will continue to pay employees in full during uncertain times.In March 2020 when ...
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ArticleReal living wage rate increases to £9.50 an hour for UK staff
The real living wage rate has increased by 20p per hour, rising from £9.30 to £9.50 an hour for employees working across the UK, as announced by the Living Wage Foundation today (Monday 9 November 2020).The real London living wage, paid voluntarily by employers has also increased by 10p, from ...
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ArticleGovernment extends furlough scheme to March 2021
The government has extended the Coronavirus Job Retention Scheme (CJRS) to March 2021, following the introduction of national lockdown restrictions across England on 5 November 2020.Under the terms of the extension, the government will continue to pay up to 80% of a person’s wage capped at a maximum of £2,500 ...
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ArticleBloomsbury reimburses employees for Covid-19 pay cuts
Publishing house Bloomsbury will reimburse employeeswho were affected by pay cuts during the Covid-19 (Coronavirus) pandemic.Due to the financial uncertainly caused by the pandemic, from April to June 2020, employees within the organisation were subject to pay reductions of up to 30%, with senior staff being the most adversely affected. ...
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ArticleSainsbury's rewards employees with 10% bonus payment
Supermarket chain Sainsbury's is rewarding 116,400 employees with a 10% bonus, to recognise their efforts dealing with the increasing demand for supplies during the Covid-19 (Coronavirus) pandemic.The bonus, which willequate to 10% of employees’ salary based on hours they worked over a four-week period,is the second special payment that Sainsbury's ...
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ArticleMedian weekly earnings decrease by 18.1% for staff in accommodation and food service roles
The median weekly earnings for full-time employees working in accommodation and food service roles have seen a 18.1% decline since 2019, according to research by the Office for National Statistics (ONS).Its Employee earnings in the UK: 2020 report, published November 2020, which uses data from the Annual survey of hours ...
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ArticleSiemens rewards employees with €1,000 bonus
Global technology organisation Siemens is rewarding its employees with a special one-time bonus to recognise them for their hard work during the Covid-19 (Coronavirus) pandemic.Over 300,000 employees globally, except for senior managers, will receive up to €1,000 (£899) in a one-time payment. The new bonus, paid to employees by the ...
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ArticleIkea introduces pay freeze for UK employees
Swedish retailer Ikea has introduced a pay freeze for its UK employees to deal with the ramifications of the Covid-19 (Coronavirus) pandemic.The organisation, which haspausedpay reviews to solidify its financial positioning over the coming months, has also put on hold its plans to become accredited as a real living wage ...
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ArticleBecton, Dickinson and Company ordered to pay $100,000 in back wages
New Jersey-based medical organisation Becton, Dickinson and Company has been ordered to pay 104 African American female employees £100,000 (£76,606) in back wages by the US Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP).The organisation was found to have paid 104 African American women working in hourly-paid manufacturing ...
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ArticleWPP defers bonus payments
Image credit: The DrumCommunications organisation WPP has postponed its bonus payments for 2020 due to the financial ramifications of the Covid-19 (Coronavirus) pandemic. The organisation has a performance-related bonus structure in place allowing employees below board-level to receive an extra annual payment based on how well they perform during the ...
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ArticleHogan Lovells returns newly qualified lawyers to full pay
International law firm Hogan Lovells will return its newly qualified associates to full pay following the cuts that were put in place due to the Covid-19 (Coronavirus) pandemic. InApril, the organisationintroduced pay cuts for newly qualified lawyers in London and Birmingham, with their pay being reduced to £85,000 and £46,000 ...
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ArticleWelsh social care staff to receive full sick pay
Social care staff working in Wales will receive enhanced sick pay entitlements to support them financially during the Covid-19 (Coronavirus) pandemic, effective 1 November.The new scheme, which has been put in place until 31 March 2021, will ensure that all social care staffworking in care homes, domiciliary care and personal ...
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ArticleGovernment extends Coronavirus Job Retention scheme
The government has extended its Coronavirus Job Retention Scheme (CJRS) until December 2020 to support those most impacted by the most recent measures put in place due to the Covid-19 (Coronavirus) pandemic.The government, under the new extension will pay up to 80% of employees' wages, with a cap of £2,500, ...