All Pay strategy articles – Page 41
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Article20% of employees want better reward, incentives or recognition
One-fifth (20%) of employees looking for a new job want better reward, incentives or recognition from their employer, according to research by gift cards, incentives and payments provider Blackhawk Network.Its survey of 1,000 UK employees also found that 23% of respondents wanted improved benefits options from their employers, 80% would ...
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ArticleFutures Housing Group implements paid fertility leave
Futures Housing Group has introduced paid leave for fertility treatments for its workforce as part of its aim to be a flexible and family-friendly employer of choice.All of its more than 450 employees are now entitled to paid time off for any medical appointments related to fertility treatments, and during ...
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ArticleBathroom Deal looks for bathroom quality assurance tester
Something for the weekend: Bathroom supplier Bathroom Deal has begun its search for a bathroom quality assurance tester, who will be responsible for testing different baths for comfort and quality. If you feel drained at the end of a busy day and love to take a bath to de-stress, now ...
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ArticleThe top 10 most-read articles between 26 January - 1 February 2024
The top 10 most-read articles on employeebenefits.co.uk between 26 January - 1 February 2024 were: Chipotle Mexican Grill introduces financial and mental wellbeing benefits70% of employers have global minimum standard for benefitsPodcast: Kindness in the workplaceUniversity of Leeds to increase pay for 1,300 employeesArqiva and Novo Nordisk named healthiest places ...
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ArticleWickes publishes first ethnicity pay gap report
Credit: eyematter / Shutterstock.comRetailer Wickes has published its first ethnicity pay gap report, with its mean ethnicity pay gap for 2023 standing at 0.04%.Its median ethnicity pay gap was -0.74%, while its mean ethnicity bonus pay gap was 13.9% and its median was 27%. A total of 96% of white ...
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ArticleEquity and ITC agree to pay and financial improvements
Credit: Brian SlaterTrade union Equity and independent performing arts management association Independent Theatre Council (ITC) have agreed to a pay rise and improved financial provisions as part of a new three-year agreement.The Ethical Manager Agreement 2024-2027, which applies to performers, stage management and choreographers in the independent performing arts sector, ...
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ArticleSacker and Partners becomes living pension employer
Pensions law firm Sacker and Partners has become a living pension employer.The living pension accreditation, which was launched in March 2023, is a voluntary savings target for employers and aims to support lower-paid employees who are not saving enough into their pension pots each year to prevent poverty and meet ...
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ArticleMinistry of Justice to increase pay for some criminal legal aid solicitors
The Ministry of Justice is to give criminal legal aid solicitors working in police stations and youth courts a pay increase from this summer.It will invest £16 million to increase fees for solicitors working in police stations, while it has allocated £5.1 million to augment pay for those taking on ...
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Article41% of employers have a dedicated carer’s leave policy
Employee Benefits poll: Two-fifths (41%) of organisations have a dedicated carer’s leave policy, according to a survey of Employee Benefits readers. Almost one-third (31%) of respondents said that they do not have a dedicated carer’s leave policy, with 28% stating that they do not have one but ...
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ArticleChildbase Partnership introduces 20 extra paid days off for staff
Nursery care provider Childbase Partnership has implemented 20 extra paid days off a year for its 2,300 employees as of this month.Known as Partnership reward days, the initiative is based on contracted hours worked in the previous three months and will enable full-time staff to be able to take up ...
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ArticleUniversity of Gloucestershire reports 12.37% mean gender pay gap
University of Gloucestershire has reported a 12.37% mean gender pay gap for 2023.Females at the university are paid on average £21.06 per hour, while males receive £24.03 per hour.Its 2023 median gender pay gap was 7.59%, with women paid on average £20.44 per hour and men paid £22.12 per hour.The ...
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ArticleTribunal rules in favour of Tayside Aviation staff in redundancy case
An employment tribunal has ruled that Tayside Aviation failed to follow correct redundancy procedures as it entered administration last year.The Dundee flight school gathered a group of 22 employees who were on the premises in a conference room for a meeting on 20 April last year. Tayside Aviation’s previous finance ...
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ArticleUniversity of Leeds to increase pay for 1,300 employees
Credit: PoohFotoz / Shutterstock.comThe University of Leeds is to increase pay for more than 1,300 employees from 1 February.Employees on its pay grades two, three and four will be moved up at least one pay spine point. Those on pay grade two will earn a minimum of £12 an hour, ...
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ArticleEmployers increase ESG measures in executive pay programmes
Employers have continued to increase the role of environmental, social and governance (ESG) measures in executive pay and incentive programmes, across markets according to a global study by Willis Towers Watson (WTW). The global advisory firm surveyed 1,146 firms listed in nine major European indices, 500 US ...
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ArticleThe top 10 most-read articles between 19 - 25 January 2024
The top 10 most-read articles on employeebenefits.co.uk between 19 - 25 January 2024 were: Lidl GB gives pay rise to 26,000 hourly-paid employeesFCA manager loses full-time work from home claimMitie, The Perfume Shop and NFU Mutual UK certified as UK top employersLloyds Banking Group reports 5.7% mean ethnicity pay gapEngineering ...
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ArticlePandora UK and Ireland gives retail employees one-off bonus
Jewellry brand Pandora has awarded its 2,600 retail employees across UK and Ireland a one-off bonus, following its 2023 financial results.The organisation will pay out bonus payments starting at £100, which will increase depending on employees’ roles. The bonus is in addition to their existing monthly sales incentive programme.The bonus, ...
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Case StudiesTaylor Wessing includes crypto tokens in recognition programme
Global law firm Taylor Wessing introduced an incentive programme in 2023, enabling its UK lawyers to award, trade and redeem crypto tokens, known as LAW Tokens. Paul Thorpe, a partner at Taylor Wessing and one of the leads on the initiative, says there are several reasons behind the programme. “We’re ...
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AnalysisDoes crypto currency have a role to play in employers' pay strategies?
Need to know:Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them.Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more ...
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ArticleHenkel implements paid global gender neutral parental leave
Chemicals firm Henkel has introduced fully paid gender neutral parental leave for its 50,000 employees worldwide.The firm’s employees in 80 countries will have the opportunity to take up to eight weeks of fully paid parental leave. The length of the leave is based on the caregiver role as opposed to ...
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ArticleLloyds Banking Group reports 5.7% mean ethnicity pay gap
Credit: William Barton / Shutterstock.comLloyds Banking Group has reported a 5.7% mean ethnicity pay gap for 2023, which is a 1% increase on its 2022 figure.The group’s median ethnicity pay gap was 12.5%, remaining the same as 2022’s figure. Its mean ethnicity bonus gap was 29.2%, which is 17.1% higher ...