News – Page 33
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ArticleEnglish NHS staff receive minimum £1,400 pay rise
The government has announced that more than a million NHS employees in England will get a pay rise of at least £1,400, with lowest earners getting an increase of up to 9.3%.Backdated to April 2022, porters and cleaners will see a 9.3% increase, eligible dentists and doctors will receive a ...
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ArticleVirgin Money gives staff £1,000 cost-of-living payment
Financial services business Virgin Money has awarded staff a one-off cost-of-living payment of £1,000, which they will receive on top of their salary on Friday 19 August.A total of 78% of its permanent and fixed-term staff are eligible for the payment as they are paid £50,000 or less. Virgin Money ...
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ArticleLondon School of Hygiene and Tropical Medicine staff strike in pay row
Cleaners, porters, and post room and security staff working for the London School of Hygiene and Tropical Medicine (LSHTM) have begun strike action over an ongoing pay dispute.The employees, who are members of the Independent Workers’ Union of Great Britain (IWGB) and will strike until Wednesday 20 July, voted unanimously ...
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ArticleSTR Group gives staff £500 bonus and summer trading hours
International recruitment business STR Group has awarded its 140-plus employees with a £500 cost-of-living bonus, and has introduced summer trading hours.As of this month, the Cosham-based firm will allow its staff to finish at 2pm every Friday, with some of the team who work US hours able to move to ...
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Article83% of employers to boost financial wellbeing support
Four-in-five (83%) UK employers have planned to focus on employee financial wellbeing through enhanced communication, education and decision-making support over the next two years, according to Willis Towers Watson’s 2022 Defined contribution and savings survey.The number of organisations with a formal financial wellbeing strategy, connected programmes, a consistent brand and ...
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ArticleThe top 10 most-read articles between 8 July – 14 July 2022
The top 10 most-read stories on employeebenefits.co.uk between 8 July and 14 July were: Cadbury staff secure up to 17.5% two-year pay dealNatwest gives lowest earning staff £1,000 pay riseJet2holidays implements 8% pay rise and £1,000 bonusPeloton offers staff one-off cash bonus and stock options79% want employer support during cost-of-living ...
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ArticleFerring Pharmaceuticals launches global family benefits package
Biopharmaceutical group Ferring Pharmaceuticals has introduced a global family building benefits package for its employees as part of a commitment to help them build families of all shapes and sizes.According to the group, which employs 6,000 people worldwide, the holistic three-tier support model provides a 26-week global minimum standard of ...
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ArticleRoyal Docks starts campaign to become London's first living wage place
Credit: dominika zara / Shutterstock.comThe Royal Docks in Newham, London, has launched a campaign to become a living wage place, with the aim of increasing the number of accredited employers by 50% over the next three years.The campaign has been launched at the same time as ExCeL London received living ...
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Article64% of UK staff are stressed about their finances
Almost two-thirds (64%) of employees said their finances have made them feel stressed, anxious, or depressed, according to new research from Metlife UK.The research, conducted by Opinium on behalf of Metlife UK with 1,428 UK part-time and full-time workers, highlighted that as the rising cost-of-living crisis continues to impact people’s ...
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ArticleNatwest gives lowest earning staff £1,000 pay rise
Banking group Natwest has awarded more than 22,000 of its lowest paid employees in the UK and all global locations an average pay rise of £1,000 on a full-time equivalent (FTE) basis, effective from 1 September.In the UK there will be an additional 4% salary increase for employees earning under ...
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ArticlePost Office employees at 114 locations strike over pay row
Post Office employees working at 114 crown post offices, larger branches usually found on high streets, have begun a 24-hour strike over pay.The 3,500 members of staff, members of the Communication Workers Union (CWU), rejected a pay offer from management worth 3% and a £500 lump sum. The union stated ...
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Article79% want employer support during cost-of-living crisis
Eight in 10 (79%) of UK employees said their employer has an obligation to support them in managing the cost-of-living crisis, according to research by people analytics business Visier.The survey of 2,010 full-time staff at UK organisations employing more than 250 people revealed that 71% did not feel their employer ...
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ArticleCadbury staff secure up to 17.5% two-year pay deal
More than 1,000 Cadbury workers have achieved a two-year pay deal worth up to 17.5%, as well as a separate 25% boost in holiday pay.A total of 80% of the workers based at Cadbury’s sites in Bournville, Birmingham, Chirk, Wales and Marlebrook in Hereford, members of the union Unite, voted ...
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ArticleThe top 10 most-read articles between 1 July – 7 July 2022
The top 10 most-read stories on employeebenefits.co.uk between 1 July and 7 July were: Government changes fit note certification legislationHerbert Smith Freehills increases newly qualified lawyer pay by 14% Bosch Rexroth Glenrothes staff strike over pay rowKnight Frank introduces debit card as part of enhanced benefits package TikTok star makes ...
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ArticleEden Hotel Collection gives staff up to 14% pay rise
Boutique hotel group Eden Hotel Collection has given its 350 employees a pay rise of up to 14%, due to the rising cost-of-living crisis and recruitment challenges.This is the second pay increase that the group, which has hotels in Warwickshire, Gloucestershire, Worcestershire and Devon, has awarded its staff within the ...
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ArticleKnight Frank introduces debit card as part of enhanced benefits package
Credit: Lubo Ivanko / Shutterstock.comProperty consultancy Knight Frank has updated its benefits package, including offering its 2,220 UK employees a branded, money-saving debit card to make charitable donations and reduce foreign exchange fees abroad.Currensea is an open banking enabled debit card which links to existing bank accounts and allows users ...
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ArticleBosch Rexroth Glenrothes staff strike over pay row
A total of 245 employees working at global technology and engineering firm Bosch Rexroth Glenrothes in Scotland have commenced industrial action over a pay proposal that they claim could leave them £7,000 a year worse off.Bosch Rexroth, a subsidiary of Bosch, proposed a 6% pay deal, which is below the ...
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Article73% have never spoken to their employer about financial wellbeing
Almost three-quarters (73%) of employees have never spoken to their employer or line manager about their financial wellbeing, according to a report by workplace pension provider Aviva.The Working lives report 2022: The big squeeze found that a quarter were more likely to trust their own research to guide them on ...
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ArticleTikTok star makes £28,000 a month letting people wake him up
Something for the weekend: If the cost-of-living crisis is hitting you hard and you fancy making a bit of extra cash, here’s an idea straight from popular video app TikTok. Be warned, it will keep you up at night – but not due to financial worries.Full-time social media influencer Jakey ...
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ArticleUK employers expect pay rise budgets of 4%
Expected pay rise budgets have been pushed to 4% for UK organisations, according to research by Willis Towers Watson (WTW).Its ralary budget planning Report found that 64% of organisations have budgeted for higher employee pay rises than last year in response to rising inflation; 41% have increased their budgets since ...