All Pay strategy articles – Page 135
-
ArticleDeutsche Bank introduces a one month voluntary pay reduction for senior managers
Multinational investment bank Deutsche Bank has aske senior managers to take part in a voluntary pay reduction as part of measures to deal with the financial ramifications of the Covid-19 (Coronavirus) pandemic.The new voluntary measure will see senior managers who decide to opt-in for the policy, waiving their fixed salaries ...
-
ArticleBrains gives 1,600 employees early access to furlough pay during Covid-19
Pub and hotel chain Brains is giving its 1,600 employees early access to furlough pay during the Covid-19 (Coronavirus) pandemic.The benefit, which is provided by income streaming service Wagestream, is designed to work alongside the Coronavirus Job Retention Scheme, helping staff deal with any financial pressures they may be facing ...
-
ArticleGoogle to pay working-from-home allowance to 118,000 employees globally
American technology organisation Google is giving 118,000 global employees a $1,000 (£812) or local currency equivalent allowance to cover the cost of any equipment they need to work from home.The organisation is taking steps to reopen some of its offices, however, it estimates that approximately 70% of its employees will ...
-
Article
Susan Kelly: Extending the right to sue employers
Not everyone is aware that employers can be sued by employees during the course of their employment. It is not that common, of course, because if the relationship has broken down to such an extent, the employee will usually leave their job before bringing a claim, whether or not they ...
-
ArticleUniversity of Manchester introduces voluntary pay initiatives for 12,000 employees
University of Manchester has taken steps to deal with the financial ramifications of Covid-19 (Coronavirus) pandemic by introducing several voluntary pay measures for its 12,000 employees.University employees who are paid from core university funds, including those on fixed-term contracts or on furlough, will be able to apply for voluntary severance. ...
-
ArticleSodexo UK and Ireland rewards front-line staff with special bonus payment
Life services organisation Sodexo UK and Ireland will redirect funds from its annual bonus scheme to reward its front-line employees who are working throughout the Covid-19 (Coronavirus) pandemic.In addition to the front-line bonus, the organisation has put in place a separate employee relief fund of €30 (£26) million, which has ...
-
ArticleOsborne Clarke reduces pay for employees by 7%
Law firm Osborne Clarke is reducing the pay of employees earning over £30,000 by 7%, from 1 June 2020.The pay reduction, which will be in place for 11 months, will be capped at £30,000. Employees who will earn less than this threshold after the 7% reduction comes into effect, will ...
-
ArticleFinance Bill introducing deferred IR35 reforms passes second reading
The Finance Bill 2020, which will defer the date off-payroll working changes (IR35) will come into effect to 6 April 2021, has passed its second reading in Parliament.The reforms were originally due to take effect on 6 April 2020 but were deferred by one year due to the impact of ...
-
ArticleHarbour Healthcare gives 1,500 employees early access to pay
Care home business Harbour Healthcare will give 1,500 employees early access to their pay during the Covid-19 (Coronavirus) pandemic.The business that owns and runs 17 homes in Cheshire, Devon, Merseyside and Staffordshire, has partnered with income streaming platform Wagestream to ensure that its employees have access to their pay early ...
-
ArticleRyanair introduces pay cuts and unpaid leave for up to 3,000 employees
Irish airline Ryanair Holdings has announced the possibility of pay cuts and unpaid leave for up to 3,000 employees, due to the financial ramifications of the Covid-19 (Coronavirus) pandemic.The organisation is currently in talks with its employees and unions to finalise the details which could see employees receiving pay cuts ...
-
ArticleGovernment to launch online service for SMEs to reclaim Covid-19 statutory sick pay
Small and medium-sized employers (SMEs), which have fewer than 250 employees, will be able to recover Coronavirus-related employee statutory sick pay (SSP) when the government launches a new online service on 26 May 2020.The online scheme, which was announced as part of the 2020 Budget, will enable employers to reclaim ...
-
Article2,200 Medirest healthcare front-line employees receive 5% pay rise
Medirest, the healthcare division of Compass Group UK and Ireland will be rewarding its 2,200 healthcare front-line employees who support the NHS, an 5% pay increase.This pay uplift, which will be fully funded by Medirest, will see the basic rates of pay aligning with NHS employees who are doing a ...
-
ArticleWirral refuse collectors to receive 3.5% pay increase
180 Wirral refuse collectors will receive a 3.5% pay rise, that will be backdated to April 2019, following on from talks with Unite and waste management business Biffa.This pay deal means that no industrial action will be taken by Unite members during the Covid-19 (Coronavirus) pandemic.The two parties also agreed ...
-
ArticleAmazon extends Covid-19 pay benefits for 250,000 US and Canada employees
Technology giant Amazon is extending the increased hourly pay rate for 250,000 US and Canada employees until 30 May 2020.Employees will continue to receive a pay increase of $2 (£1.64) in the US and C$2 (£1.17) in Canada. Employees will also receive double-overtime pay during this time.Amazon's recent changes to ...
-
ArticleCreative Hairdressers pays 7,500 employees $1,149,965 in back wages
US hairdressing chain Creative Hairdressers has been ordered to pay $1,149,965 (£940,930) in back wages to over 7,500 employees to resolve violations of the minimum wage and over time provisions under the US Fair Labor Standards Act (FLSA).After an investigation by the US Department of Labour's Wage and Hour Division ...
-
ArticleTaylor Wessing launches flexible hours at reduced pay scheme
International law firm Taylor Wessing is asking its employees to sign up to a flexible hours programme, which will reduce hours and pay up to a maximum of 20%.The organisation sees the scheme as a way to support employees and preserve jobs during the Covid-19 (Coronavirus) pandemic. While the scheme ...
-
ArticleGovernment job retention scheme extended to end of October 2020
The government's Coronavirus job retention scheme (CJRS) has been extended for a further four months until the end of October 2020, to assist businesses that are affected by the financial ramifications of the Covid-19 (Coronavirus) pandemic.Rishi Sunak, Chancellor of the Exchequer, announced the decision in Parliament on 12 May 2020 ...
-
ArticleEversheds Sutherland introduces reduced hours and flexible working scheme
Law firm Eversheds Sutherland has launched a scheme reducing the working patterns and pay of some of its employees.Its Flexing the Working Week scheme allows the organisation to make changes to areas of the business internationally which are not as busy as usual due to the Covid-19 (Coronavirus) pandemic.Affected employees ...
-
Article50,000 Massachusetts home care workers to receive $1.10 hourly pay rise
50,000 home care staff in Massachusetts, United States, will receive a pay increase of $1.10 (89p) per hour and 50 extra hours of paid leave, following an agreement with the Government of Massachusetts.The new contract, which was agreed after negotiations with the employees union, 1199SEIU United Healthcare Workers East, means ...
-
AnalysisHow will the Covid-19 pandemic change the employer/employee relationship in the future?
Need to know: While the Covid-19 pandemic posed many immediate challenges to employers, many have risen to the challenge, finding creative new ways to make sure staff stay physically and mentally well.There are a number of steps employers can take now to prevent an us-and-them culture existing after furlough.Flexible working ...