News – Page 27
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ArticleBritishvolt asks staff to agree to temporary pay cut
Credit: Hazel Plater / Shutterstock.comEmployees at UK battery firm Britishvolt have agreed to take a pay cut this month, due to fears that the business could run out of money, with executives not taking any pay at all.A total of 300 members of staff will take a reduction in pay ...
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ArticleEXCLUSIVE: Vita Mojo launches financial coaching tool for staff
Food and drink ordering technology business Vita Mojo has launched a financial coaching and money management tool for its more than 90 employees.Vita Mojo, which works with brands including Gail's, YO!, Leon and Honest Burgers, has introduced a financial wellbeing platform provided by Bippit. The platform includes access to professional ...
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ArticleKingsbridge Insurance expands benefits offering
Tewksbury-based insurance firm Kingsbridge Insurance has introduced a number of measures to its benefits package in order to support its 106 members of staff during the cost-of-living crisis.The business has begun to provide employees with free breakfast and lunch each day, offering cereals, an assortment of breads, porridge, and fresh ...
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ArticleLowest-paid Local Government Association staff accept 10.5% pay deal
More than 350,000 members of staff employed by the Local Government Association (LGA) have accepted an offer in which they will be paid an extra £1,925 this year.The unions Unison, GMB and Unite have been negotiating pay for the majority of the local government workers over the last few months. ...
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ArticleScottish Co-op coffin makers strike in pay offer row
Credit: Silvi Photo / Shutterstock.comCoffin makers employed by Co-op Funeralcare in Scotland have started a week of strike action in their campaign for an improved pay offer.The employees rejected a pay offer, which they said equated to less than 5% when compared with the current rate of inflation of 12.3%.The ...
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ArticleAirbus pays employees £1,500 cost-of-living bonus
Credit: vaalaa / Shutterstock.comAviation employer Airbus has awarded around 120,000 of its employees with a bonus to be paid in their next payroll, in order to support them during the cost-of-living crisis.According to an internal memo from the business, all staff, including senior managers, are eligible, including 5,000 members of ...
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ArticleEast Midlands Airport agrees to 10% pay rise for security staff
Credit: Electric Egg / Shutterstock.comSecurity staff employed by East Midlands Airport have secured a 10% pay increase after 178 Unite members voted for strike action over low pay.Earlier this year, union members were balloted for action, with 92.8% voting in favour. Following this, the airport made the pay offer, which ...
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ArticleAldi raises pay to £11 an hour for 2023
Aldi has committed to raise its starting pay rate for store assistants to £11 an hour nationally, and £12.45 within the M25, as of 1 January 2023.Around 26,000 of the supermarket’s employees will benefit from this increase, which is more than 15% higher than it was a year ago and ...
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ArticleThe top 10 most-read articles between 21 - 27 October 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 21 and 27 October 2022 were: Tyler Perry gifts ex-employee designer bags for birthdayUniversity of Warwick invests £3.5 million in cost-of-living supportBT and Openreach staff strike in ongoing dispute over payTribunal orders HBOS to pay £22,000 in unfair dismissal caseLidl Ireland increases ...
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ArticleAtradius awards staff £1,600 cost-of-living payment
Insurance business Atradius has awarded its 426 members of staff a £1,600 payment, in order to support them during the cost-of-living crisis.The insurer noted that 99% of its employees across the UK and Ireland, including its headquarters in Cardiff, are eligible for the payment. This includes graduates, interns and those ...
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ArticleIllycaffè splits €500,000 bonus among global employees
Image credit: Elena Gordeichik / Shutterstock.comItalian coffee business Illycaffè has introduced a cash bonus for 1,350 employees across the globe, in order to help them cope with the rising cost of living.In an interview originally published in Italian newspaper Il Corriere della Sera, Cristina Scocchia, CEO of Illycaffè, confirmed that ...
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ArticleUniversity of Warwick invests £3.5 million in cost-of-living support
The University of Warwick has introduced a cost-of-living support package worth £3.5 million, catering for students, staff and the local community.The university, which is already an accredited living wage employer, has committed to helping staff in lower income bands with a one-off cost-of-living payment of up to £550, to be ...
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ArticleBT and Openreach staff strike in ongoing dispute over pay
More than 40,000 BT and Openreach employees have continued strike action today (Monday 24 October), in an ongoing dispute regarding what they have reported is a real-terms pay cut.According to the Communication Workers Union (CWU), which represents the employees, the strike concerns a flat rate pay rise of £1,500 BT ...
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ArticleLidl Ireland increases minimum wage to €13.85
Lidl Ireland has committed to pay 4,200 of its employees the latest living wage rate of €13.85 (£12.13) per hour, as of 1 March 2023.The grocery chain employs more than 5,000 employees across its 175 Irish stores, head office, regional offices and three distribution centres.It has invested €7.5 million (£6.6 ...
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ArticleBurberry increases salaries for lowest-paid staff
Credit: Sorbis / Shutterstock.comFashion brand Burberry has increased the salaries of its lowest-paid staff in order to match the current real living wage pay figures as decided by the Living Wage Foundation, and to help with the rising cost of living.The business, which employs 3,000 people in the UK, has ...
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ArticleQuorn employees strike over cost-of-living pay dispute
Credit: The Image Party / Shutterstock.comEmployees at vegetarian and vegan food product business Quorn have commenced strike action today (20 October) over a cost-of-living pay rise dispute.The fermenter and chiller technicians, maintenance, laboratory and effluent treatment plant staff, who are members of trade union Unite, started demonstrations at 8am at ...
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ArticleEXCLUSIVE: Netsells launches financial wellbeing platform for staff
Bespoke software development firm Netsells has introduced a financial wellbeing support platform for its more than 35 members of staff to help them navigate the cost-of-living crisis.The platform, provided by Bippit, offers each Netsells employee access to a financial coach who has been matched to their needs, as well as ...
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ArticleMinistry of Defence incentivises cycling to work
Telford and Wrekin Council has launched a pilot scheme at the Ministry of Defence site at Donnington, incentivising 20 employees to walk or cycle to work instead of driving.The Active SMiles project was designed by the council's Health Protection Hub and Health Improvement Team in conjunction with Travel Telford. It ...
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ArticleGo-Ahead awards London bus staff 10.5% pay rise
Credit: JessicaGirvan / Shutterstock.comMore than 3,000 bus staff employed by the Go-Ahead Group in London have secured a 10.5% pay increase.Go-Ahead initially presented an offer of 9%, which was rejected by the employees, who are members of trade union Unite. An improved 10.5% deal was then offered, as the union ...
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ArticleOgi gives staff £1,200 support payment
Welsh internet business Ogi has introduced a series of measures to support its workforce during the ongoing cost-of-living crisis, including a £1,200 payment.Ogi introduced the payment for approximately 70% of its 160 members of staff. From October, these employees will receive a £400 addition to their salaries, lasting for three ...