All Pay strategy articles – Page 34
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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 ...
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ArticleOne-third unable to return to work full time due to childcare costs or availability
One-third (34%) of mothers in England said they are unable to return to work on a full-time basis due to childcare costs or availability, compared to just 12% of fathers, according to new Pregnant Then Screwed and Women In Data research.The former surveyed 35,800 parents in England, and the latter ...
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ArticleThe top 10 most-read articles between 9 - 15 February 2024
The top 10 most-read articles on employeebenefits.co.uk between 9 - 15 February 2024 were: B&Q to increase minimum hourly payAmazon workers begin three-day strike over payGreene King implements inclusive fertility and IVF treatment policyHermès to award €4,000 bonus to all employeesLinklaters reports 5.5% mean ethnicity pay gap for 202320% of ...
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ArticleSuper Bowl winners can receive bonus payment worth $164,000
Credit: kovop / Shutterstock.comLast weekend, the Kansas City Chiefs beat the San Francisco 49ers at the 58th annual Super Bowl (spoiler alert!) While the 49ers did not walk away with the trophy, they will receive a post-season bonus payment. If you’ve ever fancied becoming a National Football League (NFL) player ...
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ArticleDelta awards 100,000 staff 10.4% of earnings through global profit share scheme
American airline Delta has awarded its more than 100,000 employees a payment worth 10.4% of their eligible earnings as part of its profit share scheme.The scheme, which was created to boost employee morale and cultivate a workplace of gratitude and teamwork, allows staff to receive their share of Delta’s 2023 ...
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ArticleCosta Coffee to increase pay for more than 15,000 employees
Costa Coffee will increase pay for more than 15,000 employees in its 1,500 UK employer-owned stores from 1 April.The starting rate will rise to £12 per hour from £10.70 for baristas, which is a 9% increase and part of a more than £15 million investment. This is also 56p per ...
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Article42% of working parents want better pay and family support
Two-fifths (42%) of working parents admitted to looking for alternative work in 2024 with higher pay and better family life support, an increase of four percentage points on 2023, according to research by childcare provider Bright Horizons.Its annual Modern families index, which surveyed more than 3,000 working families, found that ...
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ArticlePRS for Music reports 14.9% mean ethnicity pay gap for 2023
Image credit: Andi SmallwoodMusic copyright collective PRS for Music has reported a 14.9% mean ethnicity pay gap for 2023, down from 17.6% from 2022.Its 2023 gender and ethnicity pay gap report revealed that its median gap was 13.1%, down from 14.6% the prior year. There was an increase in the ...
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ArticleHermès to award €4,000 bonus to all employees
Credit: Maddie Red/ShutterstockLuxury fashion brand Hermès has announced that it will award all employees a €4,000 bonus in respect of its successful work in 2023.The news was announced at a presentation of the French firm’s 2023 full-year results, where alongside the staff bonus, it announced an increase in profits of ...
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ArticleAmazon workers begin three-day strike over pay
Credit: Sundry Photography / Shutterstock.comAmazon workers in Coventry have begun a three-day strike in a dispute over pay.More than 1,000 GMB union members at the retail firm are taking part in industrial action today (Tuesday 13), Wednesday 14 and Thursday 15 February, to earn £15 an hour and union rights.UK ...
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AnalysisWhat actions can employers take to close the gender pensions gap?
More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps.The Pensions (Extension of Automatic-Enrolment) (No. 2) Bill will remove the lower earnings limit, enabling more employees to pay into a pension.In order to help close the pensions participation gap, more education on ...
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ArticleB&Q to increase minimum hourly pay
Credit: ClimbWhenReady / ShutterstockB&Q has announced that it will be increasing its minimum hourly rate to £12.21 per hour, and its London rate to up to £13.55 per hour.From April 2024, 16,500 employees at the home improvement retailer will get an extra 90p per hour, worth over £1,700 more a ...
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ArticlePay settlements expected to drop in 2024
Basic pay increase expectations have fallen for the first time since the start of the pandemic, according to the Chartered Institute of Personnel and Development’s (CIPD) latest Labour Market Outlook.After holding steady at 5% for more than a year, UK employers’ expected basic pay rises for the next 12 months ...
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ArticleLinklaters reports 5.5% mean ethnicity pay gap for 2023
Law firm Linklaters has reported a 5.5% mean ethnicity pay gap for 2023, up from 5.1% in 2022.Its median gap was -4.8%, compared to -27.2% the previous year. Its top pay quartile in 2023 consisted of 73% of white and 27% of minority ethnic employees, while in 2022 it comprised ...
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Article2Gether Support Solutions staff awarded Covid bonus payment
Hundreds of staff employed by NHS outsourcing firm 2Gether Support Solutions will now receive a more than £1,600 lump sum payment for working during the pandemic after undertaking industrial action.2Gether Support Solutions is a wholly-owned subsidiary of the East Kent NHS Trust, which runs the Kent and Canterbury Hospital in ...
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ArticleGreene King implements inclusive fertility and IVF treatment policy
Pub and brewer Greene King has introduced an inclusive fertility and IVF treatment policy for its approximately 39,000 employees.Members of staff will be eligible for up to five days of additional paid leave to attend appointments per treatment cycle, for up to three treatments. They, and their families, can access ...
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Article44% of GP nurses in England did not receive a pay rise last year
Two-fifths (44%) of GP nursing employees in England did not receive a pay rise at all for 2023/24, according to research by the Royal College of Nursing (RCN).Its survey of nearly 1,500 GP nursing staff across the country also found that overall, 77% of respondents did not receive the full ...
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ArticleThe top 10 most-read articles between 2 - 8 February 2024
The top 10 most-read articles on employeebenefits.co.uk between 2 - 8 February 2024 were: Bupa rolls out period wellbeing plan to UK staffTribunal finds AstraZeneca scientist with mental health disability was wrongfully dismissed20% of employees want better reward, incentives or recognition30% of staff have or would call in sick to ...