News – Page 22
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ArticleThe top 10 most-read articles between 3 - 9 March 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 3 - 9 March 2023 were: Costa Coffee gives staff third pay rise in 12 monthsAmazon receives top employer certification for 2023FNZ implements global family leave benefitsGovernment names first menopause employment championKinleigh Folkard and Hayward gives staff one-off cost-of-living payment Sellick Partnership ...
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ArticleLondon Ambulance Service accredited as living wage employer
London Ambulance Service has received living wage employer accreditation for paying its staff a wage that reflects the capital’s cost of living.The accreditation from the Living Wage Foundation recognised that all staff, including those in control rooms and who prepare ambulances to go on the road, receive an hourly minimum ...
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ArticleKinleigh Folkard and Hayward gives staff one-off cost-of-living payment
Credit: I Wei Huang / Shutterstock.comLondon-based independent property group Kinleigh Folkard and Hayward (KFH) has awarded full-time employees a one-off £750 payment to support them during the current economic climate.The property services group, which has more than 60 branches across London and 10 business divisions, handed out the discretionary payment ...
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ArticleBelfast City Council accredited as living wage employer
Belfast City Council has received living wage accreditation from the Living Wage Foundation.In order to receive accreditation, the council increased its pay rate for employees to a minimum of £10.90 per hour as set by the foundation, and also ensured that any of its regularly contracted staff were also paid ...
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ArticleTwo-fifths of employers have introduced cost-of-living support for staff
Two-thirds (66%) of senior business leaders agree that employers have a substantial role to play in supporting staff through the rising cost of living, and 40% have introduced support measures since the start of 2022, according to research by the Work Foundation at Lancaster University.The briefing Shifting sands: Employer responsibility ...
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ArticlePret A Manger gives staff third pay rise in 12 months
Food and beverage business Pret A Manger has announced that its 7,870 UK shop employees will receive a pay rise in April, to support them with the rising cost of living. This will be the third pay increase employees have received in 12 months.From 1 April, team members, baristas and ...
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ArticleMarks and Spencer invests £57m in retail pay rise
Credit: patat / Shutterstock.comRetailer Marks and Spencer will give its retail employees a pay rise as of 1 April as part of a £57 million investment.More than 40,000 customer assistants will see their hourly rate increase from £10.20 to £10.90, while London-based staff pay will also increase from £11.25 to ...
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ArticleB and Q and Screwfix give retail staff pay rise
Home improvement retailers B and Q and Screwfix, both owned by Kingfisher, have announced that shop floor workers will receive a pay rise to £10.60 from 1 April, an 8.2% and 9.3% increase, respectively.A higher rate of up to £11.85 per hour will be paid in some UK B and ...
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ArticlePopstar Pink introduces daughter to fair pay conversation with minimum wage tour job
Credit: Fred Duval / Shutterstock.comSomething for the weekend: American singer Alecia Moore, known professionally as Pink, has revealed that her daughter will be working a minimum wage job while she travels and performs with her on tour this year.Pink stated on US television chat show 'The Today Show' that her ...
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ArticleThe top 10 most-read articles between 17 - 23 February 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 17 - 23 February 2023 were: Asda to increase retail pay by 10%Tesco raises hourly pay to above £11HSBC reports 45.2% mean gender pay gapTrial sees 92% of employers agree to continue four-day weekHermès implements global €4,000 bonusHalf of younger staff would ...
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ArticleHome Depot raises starting wage to $15 per hour minimum
Credit: Jonathan Weiss / Shutterstock.comUS home improvement business Home Depot has invested $1 billion (£830.9 million) in wage increases for its frontline hourly employees, raising its starting salary in every US market to or above $15 (£12.47) per hour.The pay changes came into effect earlier this month, with some employees ...
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ArticleTesco raises hourly pay to above £11
Supermarket chain Tesco has announced that it will increase hourly pay for store employees to £11.02 as of 2 April, to reflect the increasing cost of living.This 7% base pay rise is the third Tesco has given in the past 10 months, amounting to a more than £230 million investment. ...
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ArticleAsda to increase retail pay by 10%
Supermarket chain Asda has announced that it will give its hourly-paid retail employees a 10% pay increase, with its national rate rising from £10.10 to £11.00 per hour from 2 April, and £11.11 per hour from 2 July.As part of a £141 million investment in 2023 to boost hourly pay ...
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ArticleMVF Global launches cost-of-living support package
Online customer acquisition and lead generation firm MVF Global has introduced a cost-of-living support package for its 500 UK employees.The business partnered with financial wellbeing and money management platform Maji, after researching the market to find support that meets those most in need.MVF Global staff can sign up to a ...
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ArticleZurich UK enhances financial support package for employees
Insurance group Zurich UK has introduced a package of financial wellbeing support for its 5,000 UK employees, and has donated more than £2 million to charities and national and local partners selected by employees.In order to support employees during the cost-of-living crisis, this week Zurich introduced financial education, webinars, access ...
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ArticleAverage pay growth high but failing to keep pace with inflation
Growth in total pay, including bonuses, was 5.9% in the final quarter of 2022, while pay growth excluding bonuses was 6.7%, according to the latest labour market data from the Office of National Statistics (ONS).For pay excluding bonuses, this was the highest growth rate seen outside of the Covid-19 pandemic.In ...
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ArticleNatWest acquires majority shareholding in savings fintech Cushon
Credit: William Barton / Shutterstock.comBanking organisation NatWest Group has acquired 85% shareholding in workplace savings and pensions fintech Cushon, with the remaining 15% retained by Cushon management.NatWest made the move in order to offer commercial customers and their employees a suite of financial wellbeing products. It follows similar acquisitions by ...
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ArticleHigher education staff across UK strike over pay offer
Higher education employees at institutions across the UK, including Glasgow, Edinburgh, Leeds and more, have commenced strike action over a pay offer.Administrators, cleaners, library, security and catering staff are among those taking industrial action, with many having also walked out last September, October and November.The dispute is over a pay ...
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ArticleBarton’s blog: What are the limits to employers’ cost-of-living support?
This week we have seen more employers implement policies to help staff with cost-of-living increases, but it poses the question: how far will employers go in their efforts to offer support?In recent months we have seen examples of energy bills paid for by employers, as well as pay rises and ...
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ArticleThe top 10 most-read articles between 3 - 9 February 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 3 - 9 February 2023 were: Half of private sector pay awards will give at least 5% in 2023J Murphy and UK Power Networks named best UK big employers for Q1 2023EXCLUSIVE: 90% say flexible pay improves their financesRolls-Royce reports 1.6% mean ...