All Pay strategy articles – Page 149
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ArticleOutsourced UCL staff to receive same pay, pension and annual leave as employees
Around 900 outsourced members of staff working at educational institution University College London (UCL) will receive the same pay, pension arrangements and annual leave entitlements as directly employed staff who perform the same roles.The deal, negotiated with trade union Unison, means that from 1 December 2019, outsourced porters, security staff ...
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ArticleMayor of Columbus announces $15 per hour minimum wage for full-time employees
The mayor of Columbus, Ohio, Andrew Ginther, has confirmed an increase to the city’s minimum wage, ensuring that all permanent, full-time employees will now receive at least $15 (£11.67) an hour.As of January 1 2019, the minimum wage in Ohio is currently set at $8.55 (£6.65) per hour for non-tipped ...
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ArticleAn Post reports a 3.71% mean gender pay gap across 9,290 employees
State-owned postal organisation An Post, based in Dublin, Ireland, has reported a 3.71% mean gender pay gap as at October 2019.Currently, it is not a legal requirement for employers in Ireland to report on gender pay gaps within their businesses. However, the Gender Pay Gap Information Bill 2019 was published ...
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ArticleCare Providers of Wilmington ordered to pay $90,640 for wage violations
Home healthcare organisation Care Providers of Wilmington has been ordered to pay $90,640 (£70,091.91) in back wages and liquidated damages to 21 employees for violating minimum wage, overtime and record keeping regulations.An investigation by the Wage and Hour Division (WHD), part of the US Department of Labor, found that the ...
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Case StudiesThe benefits offered by Charles Tyrwhitt
The benefits offered by Charles Tyrwhitt:Pension and protection benefitsDefined contribution (DC) workplace pension scheme for all employees, offering enhanced matching employer contributions of 6% for managers and above.Group income protection offered to all staff on an employer-paid basis.Health and wellbeingPrivate medical insurance (PMI) provided on an employer-paid basis; this includes ...
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ArticleLiverpool-based Home Bargains staff vote to accept 11.4% pay rise
Drivers employed at discount retail organisation Home Bargains in Liverpool have voted to accept a two-year pay deal, and are set to receive an 11.4% pay increaseThe pay deal, which was negotiated with the trade union Unite, includes an increase to hourly pay from £15.85 an hour to £17.67 an ...
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ArticleHushHush.com to pay £2,000 per week for luxury home testers
Something for the weekend: Online marketplace HushHush.com is seeking up to 10 individuals to employ as luxury home testers, travelling around the world to quality-check opulent properties before they are sold to millionaire clients.The chosen home testers will be required to travel across the globe to road test impressively expensive ...
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ArticleTotal pay has increased by 1.9% in real terms since August 2018
Total pay for employees in the UK, including bonuses, grew by 1.9% in real terms during the period between June to August 2018 and June to August 2019, according to research by the Office for National Statistics (ONS).The Average weekly earnings in Great Britain: October 2019 report also found that ...
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ArticleSharpak staff vote to accept pay deal awarding an extra £769 a year
More than 185 members of staff at food packaging organisation Sharpak, based in Bridgwater, Somerset, have voted to accept a new pay deal which adds £769 to their annual pay.The deal, negotiated by trade union Unite, will particularly benefit employees previously earning the national minimum wage, who will see their ...
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ArticleQueen’s Speech confirms Pension Schemes Bill and CDC pensions
The Queen has confirmed that the implementation of the Pensions Schemes Bill will be brought forward, legislating for the introduction of pensions dashboards as well as collective defined contribution (CDC) pension schemes.The Bill was one of the measures announced in the Queen’s Speech, delivered on Monday 14 October 2019 to ...
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ArticleGovernor of Florida to increase starting salary for more than 101,000 teachers
Governor of Florida Ron DeSantis has announced plans to increase the minimum starting salary for teachers in Florida, raising annual wages from $37,636 (£29,941.88) to $47,500 (£37,789.34).The suggested pay rise, which could benefit more than 101,000 teachers working in the state, forms part of DeSantis’ proposed 2020 budget recommendation.DeSantis said: ...
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ArticleNorton Rose Fulbright improves newly qualified associate pay by £7,500
Law firm Norton Rose Fulbright has increased pay for its newly qualified associate population, improving wages by £7,500.Effective from 1 January 2020, newly qualified associates in their first working year will receive £87,500 a year in basic pay; previously, lawyers with this experience earned £80,000 a year.The new base salary, ...
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ArticleThink tank recommends that employers publish wage and progression data
Independent think tank The Social Market Foundation (SMF) has recommended that organisations publish data on wages, career progression, training budgets and HR practices in order to influence remuneration decisions and mitigate low pay.The Pay progression for low-paid workers – Research paper 2: The role of corporate decision-making report, published today ...
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ArticleHelen Hargreaves: What are the implications of the cryptocurrency pay movement?
With the gig economy changing the work landscape, it is hardly surprising that the financial landscape, and how workers may be paid in the future, is also under scrutiny. With this in mind, are crypto-payments a likely next step?There are already platforms available which make it possible for employees to ...
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ArticleTim Bird: What are the implications of the cryptocurrency pay movement?
In August 2019, New Zealand became the first country to legally back organisations paying employees in digital, rather than fiat, currencies.Crypto wage payment has been happening in South Africa, Australia and Japan for some time, although without explicit support from tax authorities, and NFL football stars in the US recently ...
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ArticleKam Dhillon: What are the implications of the cryptocurrency pay movement?
Cryptocurrency is a rapidly evolving niche that, frankly, has the potential to shake up the global banking system. Indeed, financial markets, industry and technology are evolving rapidly, and the cryptocurrency pay movement is indicative of this innovation.The movement is particularly beneficial for those who do not have access to traditional ...
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ArticleDaisuke Nishihara: What are the implications of the cryptocurrency pay movement?
In February 2018, we at the Tokyo-based GMO Internet Group introduced a system that enables our employees to receive part of their salaries in bitcoin for the March pay period, if they wish to do so.This system was established with the aim of encouraging employees to improve their cryptocurrency literacy, ...
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ArticleSavills gains living wage accreditation
Property advice organisation Savills has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying its 6,300 permanent UK-based employees, as well as any third-party contractors, at least the voluntary living wage rate of £10.55 an hour for staff working in London, or ...
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OpinionKevin Jones: When should voluntary overtime be accounted for in holiday pay?
Under the Working Time Directive, all employees have the right to a minimum of four weeks paid annual leave. In other words, staff must receive their normal pay while on holiday.However, in June 2019, the N Flowers and others v East of England Ambulance Trust case, heard at the Court ...
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ArticleAllen and Overy reports a 17.1% mean gender pay gap for London staff
Image credit: DutchMen / Shutterstock.comLaw firm Allen and Overy has reported a 17.1% mean gender pay gap for its London-based employees’ fixed hourly pay, as at 5 April 2019; the organisation reported a 20% mean gender pay gap for April 2018.The firm reported its gender pay gap data in line ...