News – Page 93
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ArticleLloyds Banking Group cancels bonus payments for senior staff
Financial services organisation Lloyds Banking Group has cancelled its bonus payments for 2020 to deal with the financial constraints of the Covid-19 (Coronavirus) pandemic.The organisation, which employs 65,000 staff, made the decision to cancel its bonus and pay reviews due to the £602 million tax loss that Lloyds Banking Group ...
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ArticleThe Office for Standards in Education gives 85% of staff performance-related pay
More than four-fifths (85%) of employees working for The Office for Standards in Education (Ofsted) departments have received non-consolidated performance-related payments (NCPRP).The data, published by the Department for Education (DFT) in its 2018-19 report, found that some employees at Ofsted earned as much as £5,000, with the median payment standing ...
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ArticleCo-op introduces diversity strategy to address ethnic inequality
Supermarket retailer Co-op is committed to addressing the issues that employees from ethnic minority groups may face in the workplace.The organisation, which currently employs 65,000 staff, has set out a number of steps including publishing its ethnicity pay gap data annually from 2021. The employer will also call on the ...
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ArticleDentons returns 1,100 employees to full pay
Multinational law firm Dentons will return its employees to full pay following the cuts that were put in place due to the Covid-19 (Coronavirus) pandemic, effective November 2020.In April, the law firm asked its 1,100 UK employees to take a reduction in hours and pay. The new scheme saw staff ...
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ArticleWeymouth Town Council becomes accredited living wage employer
Weymouth Town Council has become a real living wage employer, accredited by the Living Wage Foundation.The organisation has announced its commitment to pay all employees rates that match the living wage of £9.30 an hour, in line with the living wage rates set by the independent accreditation organisation the Living ...
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ArticleDevon Air Ambulance provides flexible pay benefit for 135 staff
Emergency medical service Devon Air Ambulance is giving its 135 employees early access to their pay to avoid financial hardship throughout the Covid-19 (Coronavirus) pandemic.The organisation, which has partnered with income streaming platform Hastee, is giving its employees the opportunity to withdraw up to 25% of their pay, as and ...
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ArticleHolland and Barrett gives 5,000 employees early access to pay
Health food retail chain Holland and Barrett is giving its 5,000 staff instant access to their pay to support their financial wellbeing during the Covid-19 (Coronavirus) pandemic.The organisation, which has partnered with incoming streaming platform Wagestream, will give employees the flexibility to access as little, or as much, of their ...
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ArticleHelen Watson: Government support during Covid-19
Many commentators have expressed concern that while organisations are legally required to close (for example, being in a tier three area) will benefit from the support of the expanded Job Support Scheme (JSS), in other areas, particularly those with tier two restrictions, organisations are suffering significantly from reduced footfall. The ...
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ArticleCalifornia Court of Appeal orders Uber and Lyft to classify drivers as employees
The California Court of Appeal has ordered US ridesharing organisations Uber and Lyft to classify their drivers as employees following an appeal process.It was stated that the misclassification caused harm to drivers who, as independent contractors, miss out on employee benefits. The ruling, which was voted unanimously by the court, ...
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ArticleWates Group reports 29.8% mean gender pay gap
Construction organisation Wates Group has reported a mean gender pay gap of 29.8% for average hourly pay as at April 2019, down from 33.2% the previous year.The organisation, which currently has 4,000 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting ...
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ArticleAllen and Overy reports 59.9% mean gender and 22.4% ethnicity pay gaps
Image credit: DutchMen / Shutterstock.comInternational law firm Allen and Overy has reported a 59.9% mean gender pay gap among employees, including partners, as at April 2020. It has also voluntarily chosen to report its ethnicity pay gap data, finding a 22.4% mean difference.Due to the Covid-19 (Coronavirus) pandemic, gender pay ...
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ArticleThe government revises Job Support Scheme to pay higher amount of employees' wages
The government has revised its the Job Support Scheme (JSS) that will replace the Job Retention scheme on 1 November.Rishi Sunak, Chancellor of the Exchequer, has announed orgaisations will able to claim up to 62% of the cost of hours not worked by employees, capped at £1,541.75 per month. This ...
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ArticleArsenal midfielder Mesut Ozil offers to pay club mascot’s salary
Something for the weekend: Due to the Covid-19 (Coronavirus) pandemic, and with the fear of redundancy looming over his head, the infamous mascot at Arsenal football club has been thrown a lifeline.Arsenal midfielder, Mescut Ozil has offered to pay the salary of Jerry Quy, who is the man behind Gunnersaurus, ...
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ArticleMitie reports 10.4% mean gender pay gap
Mitie has reported a mean gender pay gap of 10.4% for average hourly pay as at April 2019, down from 13.8% the previous year.The organisation, which currently has over 20,000 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require ...
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ArticleMorgan Sindall Construction becomes accredited living wage employer
UK infrastructure organisation Morgan Sindall Construction has become a real living wage employer, accredited by the Living Wage Foundation.The organisation now commits to paying its 6,400 employees a minimum of £9.30 per hour, or £10.75 in London, as part of its dedication to improving employer standards in the construction industry. ...
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ArticleEuropean Tyre Enterprises gives 7,000 employees early access to pay
Car services retailer European Tyre Enterprises (ETEL) has given its 7,000 employees the chance to access their pay early, as well as offering wellbeing tools to help employees avoid financial stress.The organisation, which owns Kwik Fit (pictured) and Stapletons Tyre Services, will give employees the flexibility to access a portion ...
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ArticleAviva and Standard Life Aberdeen gain living hours accreditation
British insurer Aviva and global investment organisation Standard Life Aberdeen have become living hours organisations, accredited by the Living Wage Foundation.The Living Hours programme provides an enhanced standard for employers to abide by, going beyond the commitments of the Living Wage accreditation. Aviva and Standard Life Aberdeen, whichare the first ...
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ArticleTesco employees appeal Employment Tribunal equal pay decision
Employees at supermarket chain Tesco plan to appeal a decision made by the Employment Tribunal which states that a job evaluation study is unreliable.The study, carried out by Tesco’s reward managers in 2014, found that 22 hourly-paid shop floor roles were equivalent to three higher-paid distribution centre roles.Tesco abandoned the ...
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ArticleLondon records 23.8% median ethnicity pay gap
London has the highest median ethnicity pay gap in the UK at 23.8%, a 2.1% increase from the year before, and a significant difference compared to the lowest pay gap in the UK of 1.4% in Wales, according to research by the Office for National Statistics.Its Ethnicity pay gaps: 2019 ...
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ArticleSpanish government introduces law for businesses to disclose gender pay gap figures
Image credit: Ministry of Labour and Social EconomyThe Spanish government has passed a law for employers to disclose the pay of its male and female employees, to tackle gender inequality in the workplace.The new regulation, announced on 13 October 2020, will require employers with more than 50 employees to submit ...