All Pay strategy articles – Page 19
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ArticleThe top 10 most-read articles between 23 - 29 February 2024
The top 10 most-read articles on employeebenefits.co.uk between 23 - 29 February 2024 were: Marks and Spencer enhances pay and family leave policiesExclusive: Central Co-op introduces electric vehicle salary sacrifice schemeLondon Underground staff accept improved pay offerNew Look implements HR and payroll processes platform75% of Gen Z staff advocate for ...
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ArticleVegasSlotsOnline searches for professional Guinness taster
Credit: Anton_Ivanov / Shutterstock.comSomething for the weekend: In order to celebrate St. Patrick’s Day (17 March) this year, gambling website VegasSlotsOnline has begun its search for a professional Guinness taster. If you have ever wished you could be paid for drinking Guinness, then this could be the role for you.The ...
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ArticleRolls Royce reports 1.2% mean hourly gender pay gap for 2023
Vehicle manufacturer Rolls Royce has reported a 1.2% UK mean hourly gender pay gap for 2023, down from 1.6% in 2022.Its median hourly gender pay gap 3.7%, compared to 3.6% the previous year. Its lower pay quartile consisted of 75% of men and 25% of women, whereas its upper pay ...
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ArticleMolson Coors Beverage Company implements equal parental leave
Molson Coors Beverage Company has introduced an equal parental leave policy for its more than 2,200 employees across the UK.All new parents at the brewer of beer brands such as Carling, Coors and Madrí Excepcional will be entitled to up to 52 weeks' leave regardless of gender or their path ...
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ArticleSuntory Beverage and Food employees accept 5.5% pay increase
Credit: Jasni / Shutterstock.comMore than 180 workers employed by Suntory Beverage and Food in Gloucestershire have accepted a 5.5% pay increase.The employees, who are members of trade union Unite, previously took part in seven days of strike action as they said the Lucozade and Ribena producer had rescinded on a ...
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ArticleEmployers more likely to publish salary ranges than specific amounts
Organisations are more likely to publish information on salary ranges than specific salaries, according to research by professional body the Chartered Institute of Personnel and Development (CIPD). Its Pay, performance and transparency 2024 report, which surveyed 832 decision-makers from the private, public and voluntary sectors, also found ...
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ArticleBoodle Hatfield introduces equal parental leave
Private wealth and real estate law firm Boodle Hatfield has introduced an equal parental leave policy for its 180 employees and 39 partners.It implemented the policy following a review of the benefits offered to employees and partners. It is intended to replace what was previously known as maternity, paternity, shared ...
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ArticleNew Look implements HR and payroll processes platform
Credit: Tupungato / Shutterstock.comFashion retailer New Look has introduced a cloud human capital management platform to unify its HR and payroll processes for its workforce.Through a partnership with global human capital management firm Dayforce, the retailer will be able to provide a modern employee experience for its more than 8,500 ...
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ArticleAsda reports 6.6% mean gender hourly pay gap for 2023
Supermarket Asda has reported a 6.6% mean gender hourly pay gap for 2023, down from 7.6% in 2022.The employer’s median gender hourly pay gap for 2023 was 5%, up slightly from 4.7% in 2022. Its hourly-paid retail store employees make up 84% of its total workforce, while its upper pay ...
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ArticleMarks and Spencer enhances pay and family leave policies
Credit: patat / Shutterstock.comRetailer Marks and Spencer has announced pay increases and enhancements to its maternity, paternity and adoption policies.As part of an £89 million investment, from 1 April the rate of pay for its 40,000 UK customer assistants will increase from £10.90 to £12 per hour, a 10.1% rise ...
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Article49% of staff changed retirement plans due to cost-of-living crisis
Almost half (49%) of working adults have changed their retirement plans because of the cost-of-living crisis, according to new research by the Pensions Management Institute.The professional body that supports and develops UK pension schemes surveyed 2,030 employees with pensions. It found that 24% of respondents have delayed their retirement, 23% ...
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ArticleLondon Underground staff accept improved pay offer
Credit: sematadesign / Shutterstock.comWorkers employed on the London Underground by Transport for London have accepted an improved pay offer following a long-running dispute over wages.The employees, who are members of trade union Unite, overwhelmingly accepted the increase, and will see their pay for the 2023 financial year rise by between ...
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ArticleAddison Lee drivers reach settlement in workers’ rights dispute
Three drivers employed by private hire firm Addison Lee have reached an out-of-court settlement in a long-running dispute around holiday pay and the minimum wage.The claim was originally brought by three drivers, represented by law firm Leigh Day and members of trade union GMB. More than 600 drivers have subsequently ...
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ArticleThe top 10 most-read articles between 16 - 22 February 2024
The top 10 most-read articles on employeebenefits.co.uk between 16 - 22 February 2024 were: Easyjet, Estee Lauder and Greggs fail to pay national minimum wageLondon Stock Exchange Group enhances global parental leaveAstraZeneca and Novo Nordisk named best places to work for women in 2023Super Bowl winners can receive bonus payment ...
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ArticleBarclays reports mean gender pay gap of 33.6% for 2023
Banking organisation Barclays has reported a mean gender pay gap of 33.6% for 2023, down 2.3 percentage points from 2022.Its median gender pay gap was 33.3%, down 4.4 percentage points from 2022. Its lower pay quartile comprised 66% females and 34% males, while its upper pay quartile was made up ...
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ArticleEasyjet, Estee Lauder and Greggs fail to pay national minimum wage
Estee Lauder Cosmetics, airline Easyjet and food chain Greggs are among more than 500 employers which failed to pay their lowest-paid employees the national minimum wage.An investigation by His Majesty’s Revenue and Customs (HMRC) between 2015 and 2023 found that breaches by 524 employers caused more than 172,000 employees to ...
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OpinionLee McIntyre-Hamilton: Changes to national insurance and the impact on employment
The new year has already brought some welcome news for employees, with the cut in employee national insurance contributions (NICs) from 12% to 10%. As of 6 January 2024, the cut means that all employees who currently pay NIC will benefit.The extent of the savings will depend on an employee’s ...
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ArticleLondon Stock Exchange Group enhances global parental leave
Credit: Victor Moussa / Shutterstock.comLondon Stock Exchange Group is to increase its parental leave to support employees at key life moments and as part of its equity, diversity and inclusion commitment.From 1 July, all employees with more than 12 months' service will be eligible for 26 weeks of fully paid ...
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ArticleBoots to increase pay for trainee pharmacists
Boots and the Pharmacists' Defence Association (PDA) Union have announced that trainee pharmacists at the retailer will receive a pay increase from 1 April.The organisations have established zones across England and Northern Ireland in which the pharmacy trainees work, with the pay rise in each one dependent on the cost ...
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ArticleWelcome Break reports 6.38% mean gender pay gap for 2023
Motorway service station operator Welcome Break has reported a 6.38% mean gender pay gap for 2023, down from 8.6% in 2022.This is its lowest reported gap since 2018, which is a result of its efforts on managing pay increases and using a ‘compliance by complexity’ model. Meanwhile, its median gap ...