All Pay strategy articles – Page 142
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ArticleConfessions of a benefits manager: Candid seeks financial support at work
I’ve decided to do something about financial support at work and financial wellbeing in general. Not just my own; you only have to look around the office to see how stressed out and worried everyone is. It’s hard to know if they are lying awake at night over their mortgage, ...
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ArticleSwedish artists to pay 'eternal employee' £1,753 a month to do no work
Something for the weekend: Although some employees may believe they are busy doing nothing during their working day, Swedish conceptual artists Simon Goldin and Jakob Senneby are hiring for an 'eternal employee' to do just this, paying a monthly salary of $2,320 (£1,752.99) for a job role with no set ...
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ArticleWestpac Group replaces incentive awards with fixed pay increase for 2,300 tellers
Australian banking organisation Westpac Group is replacing its teller incentive programme with a $500 (£266.27) increase to fixed pay for 2,300 customer-facing employees.The change, effective from 1 April 2019, has been designed to simplify Westpac Group’s remuneration structure, by removing all teller incentives and implementing a new fixed pay only ...
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ArticleSamantha Mann: How have employers prepared for the second gender pay report?
As we approach the end of the second gender pay gap reporting year, the publication of guidance from the Government Equalities Office, which seeks to help employers identify the reasons why gender pay gaps exist, and how to address their pay gaps, serves to remind us this is not simply ...
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ArticleEmma Codd: How have employers prepared for the second gender pay report?
Deloitte reported under the government’s regulations for a second year last summer. While our second statutory report showed a mixed picture, with some movement up and some down, we knew that some of the steps we were taking to address gender balance in our organisation might have a short-term adverse ...
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ArticleGovernment to review international evidence on minimum wages
Spring Statement 2019: The government has appointed an economics professor to review the minimum wage policy in the UK and consider its impacts on employment and productivity.Chancellor Philip Hammond (pictured) announced in his Spring Statement address today (Wednesday 13 March 2019) that the government has issued terms of reference to ...
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ArticleRuth Buchanan: How have employers prepared for the second gender pay report?
There is less than a month to go before the 4 April 2019 deadline for employers to publish their gender pay gap data for the second time. They should be more confident about the mechanics of producing the figures this time around; nevertheless, the regulations are complex. Indeed, many will ...
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OpinionMatthew Potter: What are the impacts from Iceland's minimum wage non-compliance case?
According to the national minimum wage regulations, a salary sacrifice scheme that brings the gross pay of a salaried employee below the minimum wage threshold is technically a breach, attracting fines and a requirement to put employees back into the position they should have been in, had the sums not ...
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ArticleOne in 10 employers do not know how to reduce their gender pay gap
One in every 10 employers (10%) does not understand how to go about reducing its gender pay gap, according to research by YouGov on behalf of charity Young Women's Trust.The survey of 802 senior HR professionals and people managers was conducted online between 4 and 23 February 2019; it found ...
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ArticleGovernment announces plans to protect workers' rights post-Brexit
On Wednesday 6 March 2019, the government announced that following the UK's exit from the European Union (EU), it will ensure that the standard of workers' rights will not be reduced, and that new EU laws will be considered for adoption into UK legislation.In a report titled Protecting and enhancing ...
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ArticleUK ranks 13th for female economic empowerment among OECD member countries
The UK has been ranked 13th for female economic empowerment out of 33 member countries of the Organisation for Economic Co-Operation and Development (OECD), according to research by professional services firm PricewaterhouseCoopers (PWC).The Women in work index, published in March 2019, analysed female economic empowerment across 33 of the 36 ...
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ArticlePhilip Morris International awarded equal pay certification
Global cigarette and tobacco manufacturer Philip Morris International (PMI) has been accredited by non-profit organisation Equal Salary Foundation for awarding equal pay to its employees.The certification verifies that PMI pays all employees, based across more than 90 countries, the same for equal work, regardless of gender.The methodology for certification includes ...
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ArticleJohn Lewis Partnership to award a 3% bonus
Retailer John Lewis Partnership is to pay all its employees across John Lewis and Waitrose a bonus worth 3% of their salary for 2018-2019, totalling £44.7 million.The bonuses have been awarded after the organisation announced its profit before tax, bonuses and exceptional payments of £160 million in the year ending ...
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OpinionElysia McCaffrey: Gender pay gap action plans are just as vital as the reporting data
In the first year of reporting on the gender pay gap, the Government Equalities Office was encouraged to see compliance from more than 10,000 of those employers identified as being in scope of the regulations.This means that every large organisation across the country has calculated the difference between what they ...
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ArticleEmployment tribunal rules against National Gallery in employment status case
The Employment Tribunal (ET) has ruled in favour of 27 claimants previously employed by art museum the National Gallery, stating that these individuals should have been classified as workers, rather than self-employed contractors.This difference in status would have enabled the former staff members to access employment rights such as holiday ...
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ArticleZurich reports a 22.8% mean gender pay gap for 2018
Insurance provider Zurich has reported a 22.8% mean gender pay gap for fixed hourly pay as at 5 April 2018; this is a decrease from 27.3%, as reported in 2017.The organisation reported gender pay gap data across its two legal entities, Zurich Employment Services and Zurich UK General Services, in ...
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ArticleBOC drivers vote to accept two-year pay deal
Approximately 400 drivers who work for industrial, medical and special gas provider BOC, and who are members of the trade union Unite, have voted to accept a two-year pay deal.The deal equates to a 6.7% pay increase over the two year period. This will be awarded as a 3.5% rise ...
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ArticleEXCLUSIVE: Intangible assets are key to demonstrating return-on-investment
Employee Benefits Connect 2019: The way organisations measure return-on-investment (ROI) for employee benefits should take into consideration intangible assets, such as branding, employee goodwill, customer relationships, intellectual property and knowledge sharing, according to Alex Tullett (pictured), director of decision science and consulting at outsourcing and professional services firm Capita HR ...
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ArticlePoll: More than a third are not planning to report ethnicity pay gap data
Employee Benefits poll: More than a third (34%) of respondents are not planning to report their organisation’s ethnicity pay gap data.A straw poll of www.employeebenefits.co.uk readers, which received 29 responses, also found that 31% of HR professionals are planning to report their business’ ethnicity pay gap data at some point ...
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ArticleMondelez International seeks panel of part-time chocolate tasters
Something for the weekend: Confectionery and biscuit manufacturer Mondelez International is searching for 12 part-time chocolate tasters, and successful candidates will be able to taste and give feedback on an array of chocolate goodies and sweet treats.The international organisation, which owns popular brands such as Cadbury, Milka, Prince and Oreo, ...