News – Page 25
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ArticleStagecoach Warwickshire gives bus drivers 13.3% pay rise
Stagecoach Warwickshire has given 450 bus drivers a 13.3% pay increase after they began balloting for strike action.The one-year pay deal brings drivers’ wages to £14 an hour, as well as more than £1,000 of back pay, from January. In addition, the two-year period in which new starters have to ...
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ArticleScotrail implements minimum 7% pay increase
Employees at transportation business Scotrail have accepted a pay rise of between 7% and 9%, backdated to April.The pay offer followed a campaign of industrial action by members of the National Union of Rail, Maritime and Transport Workers (RMT), which included two days of strikes.The deal include a 5% increase ...
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ArticleHarrods security guards strike in pay dispute
Credit: I Wei Huang / Shutterstock.comMore than 50 uniformed security guards and CCTV operators employed by luxury department store Harrods have commenced strike action over a pay dispute, starting at 12pm today (Friday 25 November).The employees, who decided on strike action following a one-year 7% pay offer, also warned of ...
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ArticleForget Me Not introduces salary sacrifice pension scheme
Huddersfield-based children’s Hospice charity Forget Me Not has launched a salary sacrifice pension arrangement in order to look after the financial wellbeing of its 140 employees.Through a partnership with financial wellbeing platform Maji, the charity will pay the total pension contribution on behalf of each member of its workforce, and ...
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ArticleThe top 10 most-read articles between 18 - 24 November 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 18 and 24 November 2022 were: Tesco launches salary advance scheme for staffVirgin Money gives staff 10% pay riseCompass Group rolls out salary advance scheme for employeesMitie introduces £10 million staff support packageLevy UK to pay real living wage from 2023Staff at ...
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ArticleMitie introduces £10 million staff support package
Facilities management and professional services business Mitie has launched a £10 million winter support package to help its workforce with the rising costs of living.The employer stated that it is focusing its support on its lowest-paid employees, with 40,000 set to benefit.As of this month, Mitie has launched a new ...
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ArticleWest Midlands Metro staff accept up to 20.1% pay deal
Credit: Alex Daniels / Shutterstock.comCrew members employed by West Midlands Metro have called off strike action after accepting an improved pay offer.Under the pay deal, existing tram crew with 12 months or longer of service will receive a 20.1% pay increase by April 2023, with 15% of it backdated to ...
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ArticleCompass Group rolls out salary advance scheme for employees
Credit: JHVEPhoto / Shutterstock.comContract caterer Compass Group has launched a salary advance scheme for its 50,000 British and Irish staff, to help in the face of financial hardship and a worsening cost-of-living crisis.The advance option gives monthly salaried employees the ability to withdraw up to 50% of their earned pay ...
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ArticleStaff at 19 UK universities strike over pay
Staff employed by 19 higher education institutions have commenced strike action over pay this week, starting with Glasgow Caledonian University, where employees began striking yesterday (21 November) and have continued today.Administrators, cleaners, library, security and catering workers, some of the lowest paid in the university sector, are among those taking ...
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ArticleEXCLUSIVE: Cubitts introduces financial wellbeing platform for staff
EXCLUSIVE: Glasses maker Cubitts has launched a financial wellbeing platform for its more than 150 members of staff.The platform, provided by Bippit, offers employees access one-to-one financial coaching from a regulated and impartial professional matched to their needs, after answering a series of questions about their financial concerns.The service also ...
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ArticleLevy UK to pay real living wage from 2023
Sports and leisure business Levy UK has committed to pay its more than 1,000 employees the real living wage as a minimum from 1 January 2023.Staff will earn an hourly wage of at least £10.90, which is the real living wage rate for employees across the UK, with those based ...
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ArticleVirgin Money gives staff 10% pay rise
Bank Virgin Money has awarded its 7,500 members of staff a pay rise of 10% on average, following a 43% increase in annual profits due to rising UK interest rates.The business announced the pay increase internally this month, following 92% of trade union Unite’s members at Virgin Money voting in ...
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ArticleSuccess4All accredited as living wage employer
Educational charity Success4All has been accredited as a living wage employer by the Living Wage Foundation.To gain accreditation, the charity committed to paying its workforce a minimum hourly wage of £10.90, which is higher than the £9.50 per hour government minimum for those aged 23 and above, and the newly ...
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ArticleTesco launches salary advance scheme for staff
Supermarket chain Tesco has introduced a benefit that will allow its 280,000 employees to access up to 25% of their contractual pay early.The scheme, provided by Salary Finance, costs a single set fee of £1.49 per advance, and aims to help staff avoid payday loans or debt with high interest ...
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ArticleThe top 10 most-read articles between 11 - 17 November 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 11 and 17 November 2022 were: PWC launches discount scheme and virtual financial wellbeing supportTwitter equates remote work with resignation under Musk leadershipBarratt Homes gives staff second £1,000 cost-of-living paymentWilmott Dixon and Admiral named best big employers for Q4 2022Stagecoach Hull gives ...
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ArticleGovernment maintains income tax thresholds
Autumn budget 2022: The government will maintain the current freeze on income tax personal allowance and higher-rate tax thresholds until April 2028.Chancellor of the exchequer Jeremy Hunt told the House of Commons that personal tax thresholds, including income tax, will be frozen for further two years until 2028.Sian Steele, head ...
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ArticleGovernment to protect pensions triple lock
Autumn budget 2022: The government has confirmed that the pensions triple lock and credit will be protected, and rise by 10.1% in April 2023.Chancellor of the exchequer Jeremy Hunt told the House of Commons that the state pension will be uprated by inflation, rather than in line with average earnings ...
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ArticleGovernment increases national living wage by 9.7% for 2023
Image credit: photocosmos1 / Shutterstock.comAutumn budget 2022: The government has agreed to raise the national living wage by 9.7% from April 2023.In his autumn budget address to the House of Commons, Chancellor of the exchequer Jeremy Hunt (pictured) stated that he had accepted recommendations made by the Low Pay Commission ...
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ArticleGovernment maintains national insurance contributions freeze
Autumn budget 2022: The government has decided to maintain the current freeze on employers' national insurance (NI) contribution thresholds for a further two years.Chancellor of the exchequer Jeremy Hunt told the House of Commons in his autumn budget that the freeze would continue to April 2028.In addition, the employment allowance ...
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ArticleMobysoft implements £1,200 cost-of-living payment
Manchester-based software service firm Mobysoft has given employees earning up to £35,000 a £1,200 cost of living support payment to help combat the effects of the current cost-of-living crisis.The payment will be split over the next four months to February 2023, and the firm also offered a tapered support programme ...