All Pay strategy articles – Page 133
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ArticleWalmart rewards front-line employees with $300 bonus
US supermarket chain Walmart will reward its hourly paid employees with an additional bonus to recognise them for their efforts during the Covid-19 (Coronavirus) pandemic.The June 2020 bonus payment, will see full-time employees receive $300 (£242) and part-time employees $150 (£121). Assistant managers in Walmart stores and Sam's Clubs will ...
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ArticleLloyd's reports mean gender pay gap of 23.6%
Insurance organisation Lloyd's has reported a mean gender pay gap of 23.6% for hourly pay as at April 2019.The organisation, which currently has over 65,000 employees. reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with 250 or more ...
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ArticleTransport for London delays bonus payments for senior managers
Transport for London (TfL) has delayed bonus payments for senior managers until 2021 to deal with the financial ramifications of Covid-19 (Coronavirus).Senior employees including area managers, train operators and senior application engineers, with salaries ranging from salaries of £50,000 - £149,0000, will have their bonus payments delayed for 12 months. ...
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ArticleConfessions of a benefits manager: Candid considers pay cuts
You might have noticed that occasionally I step away from benefits to look at compensation instead. I rather like these opportunities. After the complexity of pensions regulation and global healthcare differences, base pay is, well, pretty basic. Or at least it was.Only a couple of months ago, we agreed pay ...
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ArticleConnected Health becomes accredited living wage employer
Home care organisation Connected Health is to increase hourly pay rates for its 220 employees to bring these in line with the Living Wage Foundation recommended by the Living Wage Foundation.This accreditation will see all 220 Connected Health workers receive a minimum hourly wage of £9.30 in the coming months, ...
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ArticleMayo Clinic lifts Covid-19 pay cuts six months earlier than planned
US non-profit healthcare organisation Mayo Clinic will restore 20,000 employees to full pay from 24 June 2020, six months ahead of schedule.Due to the estimated long-term financial ramifications of the Covid-19 (Coronavirus) pandemic, physicians and senior administrators have been a 10% reduction in pay while other salaried employees saw a ...
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ArticleMurphy returns 4,000 employees to full pay
Engineering and construction organisation Murphy has confirmed it will restore 4,000 employees to full pay from August 2020, following on from a business-wide pay reduction.Due to the financial constraints of the Covid-19 (Coronavirus) pandemic, employees have been receiving a 10% reduction in salary since May 2020, while senior leaders have ...
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ArticleKier Group reports 19.1% mean gender pay gap
Kier Group has reported a mean gender pay gap of 19.1% for hourly pay as at April 2019.The organisation, which currently has over 15,000 employees. reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with 250 or more employees ...
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ArticleNorthern Ireland Ambulance Service HSC Trust gives ambulance workers pay rise
Northern Ireland Ambulance Service HSC Trust is giving its ambulance workers a pay rise, backdated to January 2017.The pay changes will affect emergency medical technicians (EMT), paramedics and rapid response paramedics (RRP).Alongside the pay changes, employees will see their pay bands upgraded within the Agenda for Change pay structure.EMTs will ...
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ArticleLaing O'Rourke returns 8,000 employees to full pay
Construction organisation Laing O'Rourke will return all of its employees to full pay and full working hours, after introducing cost reducing measures during the Covid-19 (Coronavirus) pandemic.The salaries and hours of 8,000 employees were cut by 20%, while senior management and board directors received a 30% reduction in pay and ...
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Article18% of employers expect a decrease in the number of bonus payments
Just under one in five (18%) respondents expect the number of bonus payments paid to employees will decrease, according to research by Paydata.Its survey of 170 human resources, finance directors, and reward and compensation specialists, also found that while almost three-quarters (74%) of employers are still offering a bonus scheme, ...
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ArticleUniversity of Cambridge introduces 10% voluntary pay reduction scheme
The University of Cambridge has introduced measures to deal with the financial ramifications of Covid-19 (Coronavirus) including a voluntary pay reduction scheme for senior university staff.The council agreed to introduce a voluntary temporary pay reduction scheme for six months. This would be effective for university staff whose salary exceeds £100,000. ...
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ArticleTC Facilities Management gives 5,000 employees early access to pay
Facilities management organisation TC Facilities Management (TCFM) is allowing its 5,000 employees to access up to 50% of their pay immediately.The organisation is introducing the new benefit to ensure that all TCFM employees will be supported financial during this uncertain time, and to reward staff for their hard work in ...
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ArticleNuffield Health introduces 10% pay cuts and reduces working hours by 20%
Healthcare charity Nuffield Health has introduced a 10% pay cut and a 20% reduction in hours for its employees, to deal with the financial constraints of the Covid-19 (Coronavirus) pandemic.All employees will be affected by the new pay policy, effective 1 July 2020, except those working at the majority of ...
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ArticleOutfund seeks to recruit social spenders to shop online
Something for the weekend: Outfund is on the hunt for five applicants to buy items online through their social media accounts.The business is running research on social spending and will require the successful applicants to order items through the adverts that they see through their social media accounts.The new social ...
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ArticleTarget increases hourly pay for 200,000 employees
US retailer Target is to permanently increase hourly pay for its 200,00 employees to $15 (£12) per hour from 5 July 2020.Due to the Covid-19 (Coronavirus) pandemic, employees have received a temporary $2 (£1.60) wage increase since March 2020, but the organisation has decided to make this a permanent fixture. ...
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ArticleSeattle City Council legislates to increase pay for food delivery staff.
Seattle City Council has legislated to ensure that front-line independent contractors working for food delivery services in Seattle will receive premium pay.Organisations, such as GrubHub and Postmates, will need to pay any gig workers they employ an additional $2.50 (£2.00) for each order they deliver, during the Covid-19 (Coronavirus) pandemic.However, ...
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ArticleCiti reports 32.7% mean gender pay gap
Financial services business Citi has reported a 32.7% mean gender pay gap for hourly pay as at 5 April 2019.The organisation, which currently has 200,000 employees, reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require organisations with 250 or more ...
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ArticleDMG Media reports 18.1% mean gender pay gap
DMG Media, formerly known as media business Associated Newspapers, has reported an 18.1% mean gender pay gap for hourly pay as at 5 April 2019.The organisation, which currently has 1,702 employees. reported its gender pay gap data in line with the government’s gender pay gap reporting regulations.The reporting regulations require ...
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ArticleAer Lingus introduces 50% pay cuts and reduces hours for 4,500 staff
Irish airline Aer Lingus is to introduce 50% pay cuts and respective reductions to working hours for its 4,500 employees, to cope with the financial constraints of the Covid-19 (Coronavirus) pandemic, from 21 June 2020.The organisation has been in talks with union group ICTU Group of Unions in relation to ...