All Pay strategy articles – Page 27
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ArticleThe top 10 most-read articles between 20 - 26 October 2023
The top 10 most-read articles on employeebenefits.co.uk between 20 - 26 October 2023 were: KPMG implements pay freeze for some employeesLiving wage rates rise to at least £12 an hour59% of British workers feel unhappy with their benefits packagesCottesmore School appoints AI principal headteacherSixth form college staff accept pay riseExclusive: ...
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OpinionLovewell's logic: Will the removal of the bankers bonus cap drive change in remuneration structures?
Is it better to pay a reasonable basic salary and place a cap on bonus payments, or to pay a lower fixed wage with the scope to earn a much larger bonus payout? This is the question that has arisen this week following the Financial Conduct Authority’s (FCA) announcement that ...
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ArticleGreater London Authority receives living hours accreditation
Credit: Pajor Pawel / Shutterstock.comGreater London Authority has become a living hours accredited employer to combine the security of fair pay with a regular and reliable wage.The employer has committed to provide its employees with at least 16 hours work a week, unless otherwise requested, a minimum of four weeks’ ...
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ArticleJerba Campervans accredited as living hours employer
Scottish campervan converter business Jerba Campervans has received living hours employer accreditation as part of its commitment to demonstrate fair work practices.Its employees will now receive a contract reflecting actual hours worked, as per the living hours standard, and will be able to work a minimum of 16 contracted hours ...
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OpinionColin Godfrey: Supreme Court ruling on unlawful wages deduction from unpaid or underpaid holiday pay
Earlier this month, the Supreme Court handed down its judgment in the important case of Chief Constable of Northern Ireland v Agnew. In a judgment that will be welcomed, the Supreme Court has determined that, in a claim by an employee for an unlawful deduction of wages arising from unpaid ...
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Article59% of British workers feel unhappy with their benefits packages
Almost six in 10 (59%) British workers feel unhappy, dissatisfied, highly dissatisfied or neutral with their benefits packages, according to new research.Conducted by global talent services firm Morgan McKinley as part of its 2024 Salary guide, the survey found that the top five desired benefits respondents look for in a ...
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ArticleLiving wage rates rise to at least £12 an hour
The Living Wage Foundation has announced new living wage rates for London and across the UK in order to provide a cost-of-living pay boost.The foundation independently calculates the rates based on what people need to live on and applies to everyone over 18. This year the rate increased by 10% ...
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ArticleTribunal awards former White Lake Cheese employee £20k for pregnancy discrimination
A former office worker, who was unfairly dismissed and discriminated against on pregnancy grounds by White Lake Cheese, has been awarded £19,700 by an employment tribunal.Storm Botha started working at White Lake Cheese as a cheese-making assistant in September 2020. After two months, she occasionally worked in the office doing ...
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ArticleSixth form college staff accept pay rise
The National Joint Council for Sixth Form Colleges, which represents teachers working in sixth form colleges, has accepted a pay rise of 6.5% for the majority of staff.Following a consultation on the offer earlier this year with members of teaching union NASUWT, 92% of respondents stated they were in favour ...
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ArticleKPMG implements pay freeze for some employees
Financial services and auditing firm KPMG has implemented pay freezes across its UK deal advisory business due to economic difficulties.As well as the pay freezes, the firm has launched a consultation process with proposals to reduce the number of client-facing roles in its deal advisory business, as a result of ...
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ArticleSky Wave Gin accredited as living wage employer
Oxfordshire-based Sky Wave Gin has received living wage accreditation from the Living Wage Foundation.As a result of this commitment, all Sky Wave Gin employees will now receive a minimum hourly wage of £10.90, which is higher than the government minimum rate for those aged 23 and over, currently standing at ...
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Article65% of UK staff would take pay cut for better job
Two-thirds (65%) of UK employees would be prepared to take a pay cut for a better job, according to research by Indeed.The global hiring platform's Better work 2023 report, which surveyed more than 5,000 workers, also found that the mean pay cut respondents would be willing to take is 9.2%, ...
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ArticleThe top 10 most-read articles between 13 - 19 October 2023
The top 10 most-read articles on employeebenefits.co.uk between 13 - 19 October 2023 were: Tribunal rules Starling Bank must pay £1.1m following health-related dismissalGo North East bus workers continue strike over pay rowThe Co-Operative Bank introduces free period products for staffEmployee Benefits Live 2023 speaker slidesExclusive: Vertas Group introduces staff ...
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ArticleExclusive: Vertas Group introduces staff financial wellbeing programme
Facilities management firm Vertas Group has rolled out a new financial wellbeing programme for its more than 3,000 employees.Provided by Zellis, Vertas employees will be able to access the programme through PayNow, which is available through the Zellis MyView HR portal through a partnership with financial wellbeing provider Wagestream. According ...
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ArticleXtrac launches electric vehicle salary sacrifice scheme
Credit: Just Jus / Shutterstock.comXtrac, a supplier of high-performance transmissions for motorsport and high-performance automotive applications, has expanded its range of employee benefits by introducing an electric vehicle salary sacrifice scheme.The Thatcham head-quartered business decided to implement the scheme to encourage its more than 440 permanent part- and full-time UK ...
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AnalysisHow to conduct a pensions buy-in
A buy-in is a contract between a defined benefit pension scheme and an employer that removes longevity, market, interest and inflation risks.The parties involved include a sponsoring employer, a scheme trustee, advisers to the trustees and the insurer.If it looks like funding levels are affordable for the scheme against current ...
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ArticleGo North East bus workers continue strike over pay row
Credit: ML Robinson / Shutterstock.comMore than 1,300 Go North East bus workers have increased the number of strike action dates they will take part in over a pay dispute.The employees include bus drivers, engineers, maintenance workers and depot crews and are based at the Consett, Gateshead, Hexham, Percy Main in ...
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ArticleTribunal rules Starling Bank must pay £1.1m following health-related dismissal
Credit: rafapress / Shutterstock.comA former solicitor employed by Starling Bank has been awarded £1.1 million after an employment tribunal ruled that she had received unfavourable treatment and been unfairly dismissed.As an asthmatic, Gulnaz Raja told her employer that she would need to work from home and have time off during ...
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ArticleBrowns Manufacturing staff accept 13.2% pay rise
Around 350 workers employed by food manufacturer Browns Manufacturing have accepted a 13.2% pay rise, bringing a long-running dispute to an end.The production, distribution and maintenance workers based in Dumfriesshire in Scotland were represented by trade union Unite. The deal will see the implementation of the real living wage backdated ...
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ArticleAberdeenshire Council accredited as living wage employer
Aberdeenshire Council has received living wage accreditation as part of its commitment to offer its 16,000 employees protection from rising costs.As a result of the accreditation, everyone working at the local authority will receive a minimum hourly wage of £10.90 per hour. This rate is higher than the government minimum ...