All Pay strategy articles – Page 124
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ArticleMore than a quarter of Bupa employees enroll in flexible pay benefit
As of early February 2020, more than a quarter (27%) of employees at healthcare organisation Bupa had enrolled in the employer's flexible pay benefit.The service, provided by Wagestream, was launched in December 2019, with the goal of helping staff meet costs in the run-up to Christmas. Since then, a quarter ...
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ArticleTJ Morris awards 900 warehouse staff 15% pay rise
Image credit: TreasureGaloreWarehouse staff working at retail organisation TJ Morris, which operates as Home Bargains, have voted to accept a 15% pay deal.The accepted deal, announced by trade union Unite on 13 February 2020, will affect the pay of 900 employees. It also includes changes to shift patterns and working ...
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ArticleSouthwest Airlines profit-sharing scheme pays out for 60,000 employees
60,000 employees at Southwest Airlines will be awarded a cumulative 12.2% of $667 million (£513 million), due to the organisation's profit-sharing scheme. All Southwest Airlines staff who were employed on or after 1 January 2019 have been automatically included in the organisation's profit-sharing plan, through which they are eligible to ...
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ArticlePensionBee becomes accredited living wage employer
London-based online pension provider PensionBee has been accredited by the Living Wage Foundation. As of February 2020, the organisation has committed to paying its 100 employees at least the living wage, which currently stands at £10.75 per hour in London. PensionBee joins nearly 6,000 employers in making this pledge, including ...
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ArticleDaimler rewards 130,000 employees in Germany with profit-sharing bonus
Automotive manufacturer Daimler is rewarding 130,000 members of staff based in Germany with a one-time bonus, based on its latest financial year results and to recognise employees' hard work during 2019. Employees who have enrolled in the organisation's profit-sharing scheme will receive a bonus of up to €597 (£501) with ...
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ArticleStarling Bank awards shares to engage 800 employees with business success
UK digital banking organisation Starling Bank is awarding shares to all 800 employees following a successful investment from several investors, with a goal of allowing staff to benefit directly from business success. The organisation has raised £60 million from its existing investors, Merian Global Investors and JTC, which will bring ...
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ArticleUnions reject 2% pay offer from Local Government Association
Three unions representing council employees in England, Wales, and Northern Ireland have rejected a 2% pay offer by local government employers that would affect more than a million local employees. In the summer of 2019, the trade unions Unison, Unite and GMB submitted a pay claim that would mean the ...
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ArticleGardner Leader gives 135 employees unlimited paid holiday
Law firm Gardner leader has launched an unlimited paid holiday policy for all of its 135 employees, rolling the scheme out to four offices across the South East and London.The scheme was launched on 1 February 2020, following a successful 12-month trial during 2019. The policy allows for unlimited annual ...
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ArticleCathay Pacific asks staff to take unpaid leave due to Coronavirus outbreak
Hong Kong airline Cathay Pacific has asked its staff to take three weeks of unpaid leave, to help it address the impact of the current Coronavirus outbreak. The airline has proposed a leave scheme for its 27,000 employees, operating in 79 destinations, following recent drops in demand due to the ...
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OpinionPaula Bailey: Planned employment law changes in 2020
2020 is set to be another year of change from an employment law perspective, with contracts, the employment relationship and pay likely to continue to dominate the agenda, together with the new immigration requirements that the government plans to introduce post-Brexit.We have already seen a number of interesting Employment Tribunal ...
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ArticleAccelore Group pays 289 employees $152,755 in back wages
Texas-based logistics organisation Accelore Group, operating as Accelore Solutions and contracted with Amazon to provide package delivery services, has paid $152,755 (£117,419) in back wages to 289 employees to resolve violations of the overtime requirements under the US Fair Labor Standards Act (FLSA). After an investigation by the US Department ...
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ArticleImperial College Healthcare ends outsourcing and improves pay for 1,000 service staff
1,000 outsourced employees working at five hospitals belonging to Imperial College Healthcare NHS Trust are to receive a pay increase and access to improved terms and conditions, after winning the right to be directly employed. This concerns 'hotel services' staff, namely those in portering, cleaning, and catering roles, working at ...
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ArticleGuy's and St Thomas' gains living wage accreditation
From April 2020, Guy’s and St Thomas’ NHS Foundation Trust, which employs 17,100 members of staff, has announced its commitment to pay all employees rates that at least match the London living wage, and to require all external contractors to do the same. Following this commitment, the trust has gained ...
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ArticleTate roasted for £39,500 'head of coffee' role while tension brews over pay
Something for the weekend: Art gallery Tate is looking for a new ‘head of coffee’ to join its workforce, and is offering the successful applicant a full-bodied salary of £39,500 a year. With applications closing on 9 February 2020, the ideal candidate will espresso themselves by sourcing, blending, and roasting ...
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ArticleNHS medical couriers' £1 million holiday pay claim to be concluded
Image credit: Jack SavilleNext week, the Independent Workers’ Union of Great Britain (IWGB) is set to represent 45 medical couriers in a landmark holiday pay claim worth more than £1 million, against NHS contractor The Doctors Laboratory (TDL).Dr Jason Moyer-Lee, general secretary at IWGB will represent the medical couriers, who ...
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ArticleUnipart delivery drivers accept new pay deal
NHS delivery drivers, employed by Unipart, have accepted a pay deal, ending a dispute between the organisation and 130 affected employees.The drivers regularly deliver NHS equipment supplied on behalf of Supply Chain Coordination (SCCL), which is wholly owned by the secretary of state for health and social care. Under the ...
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AnalysisCash or cupcakes: Is money the best motivator?
Need to know:Research often shows financial rewards are top of the list, but younger employees increasingly look for something more meaningful and experiential.Financial drivers can be highly effective if they are proportional, fair and well communicated.Perks can more easily be related back to specific behaviours and employer values, whereas cash ...
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ArticleAverage pay dropped by 7.8% year-on-year in the final quarter of 2019
Average wages dropped by 7.8% year-on-year in the final few months of 2019; this is the first time average pay has dropped since quarter one of 2018, according to CV-Library. The quarterly report looked at job market data from throughout the fourth quarter of 2019 and compared it with the ...
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ArticleParts of Asda's job descriptions ruled inaccurate for purposes of equal pay dispute
In the week commencing 13 January 2020, Manchester Employment Tribunal ruled that supermarket retailer Asda's job descriptions for predominantly female shop floor employees 'did not go far enough as to acquiring and using knowledge' for the purposes of comparison in its ongoing equal pay dispute.Under the Equality Act 2010, even ...
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ArticleDelta Air Lines pays out $1.6 billion in profit sharing to 90,000 employees
Air travel organisation Delta Air Lines is awarding its 90,000 employees with a cash bonus equivalent to two months' pay, following the strong business performance in 2019.Employees will receive the bonus through the organisation's profit sharing scheme, which is open to all global staff who are full-time, part-time or ready ...