All Pay strategy articles – Page 18
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ArticleNational living wage to increase in line with median earnings
An extension of the national living wage (NLW) to all adults should be phased in year by year and the NLW rate should rise at least in line with median earnings after the government updated the Low Pay Commission’s (LPC) remit.In a written statement to Parliament, business secretary Jonathan Reynolds ...
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OpinionPatrick Glencross: Reforms to employee holiday rights
Calculating annual leave and holiday pay for employees can be challenging, particularly for those who work irregular hours. The government has this year introduced significant changes to simplify the rules on holiday rights as part of its reforms to a range of employment rights that have developed from years of ...
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ArticleReeves confirms public sector pay rises of 5-6%
Credit: Fred Duval/ShutterstockThe chancellor has confirmed that millions of public sector workers will get a pay rise this year, following recommendations from the independent pay review bodies.Most NHS workers, teachers and members of the armed forces will receive above-inflation pay rises of 5.5% to 6%, Rachel Reeves announced yesterday as ...
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ArticleJunior doctors agree 22% pay deal
The government and the British Medical Association (BMA) have agreed a 22.3% pay deal for junior doctors.Chancellor Rachel Reeves confirmed the pay offer in her speech to parliament yesterday (29 July), saying that “today marks the start of a new relationship with the government and staff working in the NHS”.Reeves ...
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ArticleCourt of Appeal upholds High Court ruling on Virgin Media pension scheme
The Court of Appeal has upheld the High Court’s ruling that a written actuarial confirmation was required where an alteration to the Virgin Media scheme’s rules affected pension benefits for past or future service benefits.This was in relation to section 9(2B) contracted-out rights and was based on the relevant legislation ...
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ArticleCNH factory workers in Basildon accept two-year pay deal
More than 500 production factory workers employed by agricultural machinery firm CNH have accepted a two-year pay deal, ending a long-running dispute.The workers, who are based at the firm’s Basildon, Essex factory, are members of trade union Unite. As a result of the deal, they will receive a weekly pay ...
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ArticleManchester Metrolink tram employees accept pay deal
Credit: Zhao Zheming / Shutterstock.comHundreds of employees working for Manchester’s Metrolink tram system have accepted an improved pay deal from their employer.The tram system is operated by Transport for Manchester, with its workers belonging to trade union Unite.Customer service representative employees at the bottom of the pay scale will receive ...
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Article79% of working parents would be impacted financially by time off to care for ill child
Almost four-fifths (79%) of working parents have, or would be, impacted financially in some way if they took time off work to care for their ill child, according to research by MetLife UK.Its survey of 3,003 working parents, with a child or children aged 22 and under also found that ...
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ArticleBabcock Marine naval base employees accept 7.5% pay rise
A total of 600 workers employed by Babcock Marine have accepted a 7.5% basic pay rise backdated to August last year.The employees, who undertake specialist services for the UK’s nuclear deterrent submarines at the Coulport and Faslane naval bases on the Clyde in Scotland, are members of trade union Unite.The ...
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ArticleCushon rebrands to Natwest Cushon
Credit: William Barton / Shutterstock.comPension and savings fintech Cushon has rebranded to Natwest Cushon a year after its acquisition by the banking organisation.Natwest took an 85% stake in the business and has invested in the development of its technology and products over the past 12 months. It will adopt Natwest’s ...
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ArticleIrish government to extend parent’s leave benefit allowance
The Irish government has announced that it will extend its parent’s leave benefit allowance from seven weeks to nine weeks as of next month.The extension is part of The Parent’s Leave and Benefit Act 2019 (Extension of Periods of Leave) Order 2024 and aims to improve work-life balance and gender ...
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ArticleThe top 10 most read articles between 12 - 18 July 2024
The top 10 most read articles between 12 - 18 July 2024 on employeebenefits.co.uk were: BT Group to roll out new family leave policyKing’s Speech introduces mandatory ethnicity and disability pay reportingEmma Reynolds named pensions ministerKing’s Speech introduces Employment Rights BillUtility Warehouse introduces personalised financial education for employeesGusto Group to ...
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ArticleAC Hotel by Marriott Glasgow looks for breakfast comedian
Something for the weekend: Glasgow hotel AC Hotel by Marriott Glasgow is searching for a breakfast comedian to entertain guests throughout the Edinburgh Fringe Festival this August. After the hotel began to experience a spike in demand as accommodation prices in Edinburgh have shot up, and due ...
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ArticleKing's Speech introduces Employment Rights Bill
Credit: Muhammad Aamir Sumsum / Shutterstock.comThe new Labour government is to introduce an Employment Rights Bill within its first 100 days as part of its plan to make work pay.Announced in the King’s Speech on Wednesday 17 July, the plan will create a new partnership between business, trade unions and ...
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ArticleKing's Speech introduces mandatory ethnicity and disability pay reporting
The government is set to bring in legislation to introduce mandatory ethnicity and disability pay gap reporting for organisations with more than 250 employees.It is planned that the measure will be brought in under the draft Equality (Race and Disability) Bill announced in the 2024 King’s Speech at the State ...
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ArticleStagecoach Merseyside and Cambus drivers and engineers accept pay offers
Bus drivers and engineers at Stagecoach Merseyside and Cambus in the east of England have accepted improved pay offers. Stagecoach Merseyside workers, who are members of trade union Unite, secured a pay rise worth 6.4%. Drivers will now receive £16.60 per hour, rising to £17.30 per hour ...
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ArticlePersonal Group introduces volunteering leave
Workplace benefits and services provider Personal Group has launched a volunteering leave policy aimed at supporting community engagement.Every year, the group’s employees are now entitled to one day of paid volunteer leave, which can be taken in half-day increments or hourly blocks to offer flexibility to integrate volunteering into their ...
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ArticleBT Group to roll out new family leave policy
Multinational telecommunications firm BT Group is to roll out a new family leave policy for its UK employees from 1 January 2025.The group’s new family leave policy is aimed at levelling up paid leave for any parent welcoming a new child. Regardless of how their family is made up, all ...
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Article49% of UK organisations’ 2024 salary budgets were lower than the previous year
Half (49%) of UK organisations reported that their 2024 salary budgets were lower than the previous year, according to global advisory, broking and solutions firm Willis Towers Watson (WTW).Its Salary budget planning report was compiled by its Rewards Data Intelligence practice. Approximately 32,000 responses were received from employers across 168 ...
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ArticleUK women earn 35% less than men in 2024
Women in the UK earn 35% less than men in 2024, according to research by job search engine Adzuna.Its analysis of 672,311 CVs uploaded to its AI-powered CV screening tool ValueMyCV between January 2022 and March 2024 found the UK’s gender pay gap widened to 35% in March 2024, which ...