All Pay strategy articles – Page 159
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Case StudiesPrezzybox adopts holistic approach to total reward
Since its launch in 2000, online gift retailer Prezzybox has taken a holistic approach to reward, believing that culture and working environment are as important as traditional benefits.Zak Edwards, managing director at Prezzybox, says: “Too many employers see fiscal rewards as the be all and end all, which is shortsighted. ...
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OpinionPrisca Bradley: Workplace reforms do not go far enough
In December last year, the government unveiled a range of workplace reforms to improve the rights of workers on zero-hour contracts, agency employees and those working in the gig economy.The announcement of greater rights for those operating in the gig economy will be welcomed by the 1.1 million workers in ...
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OpinionPhil Sproston: How can total reward strategies help create top employers?
Total reward strategies have come to be highly effective weapons for many top employers in the UK. To understand why, it is important to break down the words themselves.Organisations are becoming increasingly broad in their perspective regarding what reward really means, and so the word 'total' is key. While 'reward' ...
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ArticleKavitha Sivasubramaniam: Looking beyond traditional pay and benefits
As our Total Reward Week, in association with Aon Employee Benefits, draws to a close, it is time to reflect on some of the trends and issues currently shaping this area of the benefits market.There is no doubt that a clear and comprehensive reward strategy can have a significant positive ...
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OpinionJohn Forth: How have total reward trends developed?
A major feature of the reward landscape in recent years has been the prolonged period of wage stagnation; according to Employee earnings in the UK: 2018, published by the Office for National Statistics (ONS) in October 2018, average wages are still below levels recorded in 2008, after adjusting for inflation.As ...
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ArticleGlasgow City Council reaches agreement in principle with trade unions for equal pay claims
Glasgow City Council has reached an agreement in principle to settle around 14,000 equal pay claims.The agreement, confirmed on Thursday 17 January 2019, has been made with trade unions Unison, Unite and GMB as well as campaign group Action 4 Equality Scotland. It finalises the principles and structure of potential ...
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ArticleHong Kong to raise statutory minimum wage by 8.7%
Hong Kong is to increase its statutory minimum wage from $34.50 (£3.42) an hour to $37.50 (£3.72) an hour, equating to an 8.7% pay rise for employees.The minimum wage increase was approved by Hong Kong's executive council last week, following recommendations from the territory's Minimum Wage Commission (MWC).Hong Kong's Government ...
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ArticleTwo-fifths would feel more positive about their employer if offered an annual bonus
Two-fifths (40%) of employees would feel more positive towards their organisation if they were offered an annual bonus within their benefits package, according to research by Canada Life Group Insurance.Its survey of 1,001 UK employees found that bonuses are more highly valued by older staff, as 53% of those over ...
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ArticleAIB Group proposes 3% pay increase for 10,000 staff
Commercial banking organisation AIB Group has proposed a 3% pay increase for its approximately 10,000-strong workforce, as recommended by the Workplace Relations Commission (WRC).The pay offer forms part of negotiations between the Ireland-based bank and the Financial Services Union (FSU). The discussions, which began in November 2018, are being brokered ...
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Case StudiesThe benefits offered by Addison Lee
The benefits offered by Addison Lee:Pension and payFive defined contribution (DC) pension schemes, which the organisation is looking to consolidate. These include pension schemes with National Employment Savings Trust (Nest) for approximately 500 employed UK chauffeurs, and with Aegon for management. Contributions vary according to seniority: employees and team leaders ...
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ArticleFrontier Airlines awards 53% across-the-board pay increase
US-based budget airline Frontier Airlines has ratified a new five-year collective bargaining agreement with the Air Line Pilots Association, International (Alpa), which includes an average 53% across-the-board pay increase.The new agreement, which becomes effective on 16 January 2019, and which Alpa estimates to be worth more than $1 billion (£779,315,000), ...
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ArticleUnite members accept revised pay offer from Offshore Contractors Association
The trade union Unite has announced that its 25,000 members covered by the Offshore Contractors Association (OCA) have accepted a revised pay offer, following recommendations by the union and its OCA shop stewards.The OCA represents contractor organisations involved in a range of activities in the UK’s offshore oil and gas ...
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ArticleMeadow Foods employees set for four-day strike over 2% pay offer
Employees at dairy-based ingredient supplier Meadow Foods' factory in Holme-on-Spalding-Moor are set to strike for four days over a 2% pay offer for the year starting July 2018.Staff at the East Yorkshire chocolate crumb manufacturer are due to walk at 6pm on 12 January until 6pm on 15 January, affecting ...
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ArticleGE Appliances seeks professional grandma to demonstrate products
Something for the weekend: US home products supplier GE Appliances is advertising for a professional grandma to demonstrate the cutting edge in its kitchen technology.The organisation states that it wants to celebrate non-traditional, stylish grandmas, and highlights the need for candidates who represent diversity and can help sustain cultural legacies ...
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ArticleKavitha’s keynote: Are employees’ changing expectations unrealistic?
Earlier this week, we exclusively reported on Aon's Benefits and trends survey 2019, which revealed that nearly all employers (97%) think the workplace expectations of staff are changing rapidly, a finding the professional service provider believes is largely driven by technology.Of those polled, 98% said employees now expect more flexible ...
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ArticleUK takes 10th place in global rankings for workplace happiness
The UK ranks 10th in the world for workplace happiness, according to a study by employee engagement organisation Engaging Works.More than 10,000 employees have been surveyed globally by Engaging Works since its launch in October 2017. Using the data compiled, the organisation has calculated an average happiness score for each ...
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ArticlePolice staff in England and Wales vote in favour of 2% pay deal
Following a consultation that took place in December 2018, police staff in England and Wales belonging to the unions GMB, Unison and Unite have voted to accept a pay offer that includes a 2% pay rise.The pay deal will now be implemented by forces in the two countries, and will ...
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ArticleCIMB offers six months' paid maternity leave for first-time mothers
Kuala Lumpur-based banking organisation CIMB has announced that it will now be offering six months' paid maternity leave for its employees in Malaysia who become first-time mothers.Eligible staff members will be able to take up the benefit from 30 days prior to their estimated due date. CIMB also provides employees ...
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ArticleHSBC gender pay gap increased to 61% in 2018
The gender pay gap at banking organisation HSBC has grown from 59% in 2017 to 61% in 2018, according to its latest update.The 2017 figure already marked HSBC out as the employer with the largest disparity between male and female employees' pay among UK banks.The latest report means that female ...
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OpinionKaren Coleman: Mandatory job evaluation could mitigate equal pay claims
Morrisons has become the latest big supermarket group to face a challenge at the Employment Tribunal (ET) over equal pay by its shop staff; these are predominantly women who believe that they are being unfairly paid less than their male counterparts employed in distribution centres. If the test claim by ...