All Pay strategy articles – Page 43

  • M and S pay rise
    Article

    Marks and Spencer invests £57m in retail pay rise

    2023-03-01T11:02:51Z

    Credit: patat / Shutterstock.comRetailer Marks and Spencer will give its retail employees a pay rise as of 1 April as part of a £57 million investment.More than 40,000 customer assistants will see their hourly rate increase from £10.20 to £10.90, while London-based staff pay will also increase from £11.25 to ...

  • working
    Opinion

    Helen Burgess: Long-term hybrid working plans key for many employers

    2023-03-01T09:00:57Z

    Prior to the Covid-19 pandemic, it was commonplace for most employees to spend their full working week in the office, but it would seem now that hybrid working is here to stay. While up until recently many businesses have been flexible with their policies around hybrid working, more are now ...

  • B&Q and Screwfix owner to repay furlough funds
    Article

    B and Q and Screwfix give retail staff pay rise

    2023-02-28T10:51:21Z

    Home improvement retailers B and Q and Screwfix, both owned by Kingfisher, have announced that shop floor workers will receive a pay rise to £10.60 from 1 April, an 8.2% and 9.3% increase, respectively.A higher rate of up to £11.85 per hour will be paid in some UK B and ...

  • THE-SHARED-BENEFITS-OF-A-SALARY-1-1
    Supplier article

    THE SHARED BENEFITS OF A SALARY DEDUCT SCHEME

    2023-02-28T08:30:00Z

    Salary sacrifice schemes are hugely popular among UK employees and employers. Whether your people need help buying a new bike, electric car or top tech or wish to purchase more annual leave – salary sacrifice schemes can make it affordable. We’re in a cost-of-living crisis, and the ...

  • Railway pay deal
    Article

    Railway staff accept pay, security and conditions deal

    2023-02-27T12:23:03Z

    Members of railway union Transport Salaried Staffs' Association (TSSA) have accepted an improved deal following a long-running national dispute over pay, job security and conditions.A total of 80% of management grade and 60% of general grade members, in a variety of management, station, control, engineering, clerical, and customer service roles, ...

  • John Lewis offers health insurance to staff during Covid-19
    Article

    John Lewis reports 7.9% mean gender pay gap

    2023-02-27T11:36:03Z

    Retail organisation John Lewis has revealed that its 2022 mean gender pay gap was 7.9%, down from 9% in 2021 and below the average for the sector of 13.5%.Its 2022 median gender pay gap was 5.8%, down from 6.4% the prior year, and lower than the retail average of 8.5%. ...

  • hbos tribunal
    Article

    Eyekon Services to pay £8,980 in unfair dismissal case

    2023-02-27T11:10:19Z

    Management consultancy Eyekon Services has been ordered to pay a former employee £8,980 after an employment tribunal found him to have been unfairly dismissed.A Rodgers worked as a cleaner and caretaker from June 2002 for a firm that was taken over by Glasgow-based Eyekon Services last year. Rodgers worked 37.5 ...

  • Pink
    Article

    Popstar Pink introduces daughter to fair pay conversation with minimum wage tour job

    2023-02-24T09:00:48Z

    Credit: Fred Duval / Shutterstock.comSomething for the weekend: American singer Alecia Moore, known professionally as Pink, has revealed that her daughter will be working a minimum wage job while she travels and performs with her on tour this year.Pink stated on US television chat show 'The Today Show' that her ...

  • 23 February 2023
    Article

    The top 10 most-read articles between 17 - 23 February 2023

    2023-02-24T09:00:22Z

    The top 10 most-read articles on www.employeebenefits.co.uk between 17 - 23 February 2023 were: Asda to increase retail pay by 10%Tesco raises hourly pay to above £11HSBC reports 45.2% mean gender pay gapTrial sees 92% of employers agree to continue four-day weekHermès implements global €4,000 bonusHalf of younger staff would ...

  • HarperCollins reports 15.3% mean gender pay gap
    Article

    HarperCollins agrees to pay increase and bonus for US staff

    2023-02-23T12:17:44Z

    Book publishing business HarperCollins has reached an agreement with its US union, that includes a pay increase and bonus for employees.Nearly 250 members of staff, who are part of the union, have been on strike since 10 November 2022 over the terms of their contracts.The deal included guaranteed paid overtime, ...

  • Home Depot
    Article

    Home Depot raises starting wage to $15 per hour minimum

    2023-02-23T11:41:16Z

    Credit: Jonathan Weiss / Shutterstock.comUS home improvement business Home Depot has invested $1 billion (£830.9 million) in wage increases for its frontline hourly employees, raising its starting salary in every US market to or above $15 (£12.47) per hour.The pay changes came into effect earlier this month, with some employees ...

  • Hermès
    Article

    Hermès to pay €4,000 bonus to staff globally

    2023-02-22T12:21:12Z

    Credit: sylv1rob1 / Shutterstock.comFrench fashion and design brand Hermès has announced that it will pay its 19,700 employees a bonus of €4,000 (£3,519) this year.Axel Dumas, chief executive officer of Hermès, presented the year-end bonus plan at an analyst meeting on Friday 17 February.Dumas cited the brand’s net profit reaching ...

  • West Northamptonshire Council
    Article

    West Northamptonshire Council to pay £9,000 in unfair dismissal case

    2023-02-22T12:00:47Z

    West Northamptonshire Council has been ordered to pay a former manager of Everdon Outdoor Learning Centre nearly £9,000, after Northamptonshire County Council was found to have unfairly and wrongfully dismissed them.Northamptonshire County Council was dissolved in 2021, resulting in West Northamptonshire Council, which now owns the centre, taking on its ...

  • HSBC
    Article

    HSBC reports 45.2% mean gender pay gap

    2023-02-22T11:23:49Z

    Banking organisation HSBC has reported a mean gender pay gap for 2022 of 45.2% across its UK operations, and a median gap of 48.8%.HSBC employs 34,301 full-time employees in the UK, including 18,699 under the HSBC UK brand, with the remainder falling under various operations, including HSBC Global Services, HSBC ...

  • four-day
    Article

    Trial sees 92% of employers agree to continue four-day week

    2023-02-21T11:53:32Z

    The majority (92%) of participants in the UK's four-day week trial said they will definitely continue or are planning to continue with a four-day working week.Four Day Week Global, Four Day Week Campaign and Autonomy led a six-month trial of a four-day week, with no loss of pay for workers, ...

  • Tesco
    Article

    Tesco raises hourly pay to above £11

    2023-02-21T11:04:29Z

    Supermarket chain Tesco has announced that it will increase hourly pay for store employees to £11.02 as of 2 April, to reflect the increasing cost of living.This 7% base pay rise is the third Tesco has given in the past 10 months, amounting to a more than £230 million investment. ...

  • shutterstock_460541989RFU
    Article

    Rugby Football Union enhances parental leave policy

    2023-02-21T10:55:24Z

    Credit: Gordon Bell / Shutterstock.comThe Rugby Football Union (RFU) and the Rugby Players’ Association (RPA) have introduced an enhanced maternity, pregnant parent and adoption leave policy for contracted England Women’s rugby players.The initiative will ensure that the safety of the player and the unborn child are protected if they continue ...

  • Natwest Group UK
    Article

    Natwest Group UK reports 31.8% mean gender pay gap

    2023-02-20T11:26:07Z

    Credit: William Barton / Shutterstock.comNatwest Group UK has reported a mean gender pay gap for 2022 of 31.8%, and a median gender pay gap of 32.3%.The group’s 2022 mean gender bonus gap, excluding recognition vouchers, was 43.5%, while its median was 18.9%. A total of 59.9% of men received a ...

  • Asda Group reach agreement of pension scheme with Rothesay Life
    Article

    Asda to increase retail pay by 10%

    2023-02-20T11:09:01Z

    Supermarket chain Asda has announced that it will give its hourly-paid retail employees a 10% pay increase, with its national rate rising from £10.10 to £11.00 per hour from 2 April, and £11.11 per hour from 2 July.As part of a £141 million investment in 2023 to boost hourly pay ...

  • Poll: Two-thirds of respondents do not link pay and bonuses to social responsibility goals
    Article

    Half of younger staff would take pay cut for employer with values

    2023-02-17T12:08:38Z

    Nearly half of UK (48%) and US (44%) Gen Z and Millennial employees would consider taking a pay cut in order to work for an employer that shares their values, according to research by business advocate Paul Polman.The Net positive barometer surveyed 4,000 British and American employees at medium to ...