All Pay strategy articles – Page 46
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ArticleGripple and Loadhog become living wage employers
Gripple, a South Yorkshire-based manufacturer of wire joiners, tensioners and suspension solutions, and its sister returnable packaging solutions firm Loadhog, have received living wage employer accreditation.Accredited employers are required to increase wages in line with new living wage rates within six months of them being announced, after which employees and ...
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ArticleAldi to thank employees by giving day off for Boxing Day
Supermarket chain Aldi will close all of its stores on Boxing Day in line with previous years in order to recognise and thank its employees for all their hard work.The retailer has made the decision to shut its doors on Boxing Day as a thank you to all members of ...
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ArticleDocklands Light Railway employees strike over pay
Credit: Tupungato / Shutterstock.comWorkers employed by contractors Keolis Amey Docklands that work on the Docklands Light Railway (DLR) have commenced strike action over a pay dispute.Keolis Amey Docklands has a contract with Transport for London (TfL) for operating the DLR.Members of union The National Union of Rail, Maritime and Transport ...
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AnalysisHow to structure a sustainable reward strategy
J.M. Image Factory/shutterstock_1864249615Need to know:Employee benefits can play an important role in helping organisations meet their sustainability goals, as well as helping to attract and retain staff.Travel-related benefits, pensions and carbon-offsetting schemes can all help employees make a difference to their carbon footprint, and that of their employer.It is vital ...
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Case StudiesOvo Energy aligns green benefits to company purpose
Ovo EnergyWhen Ovo Energy took over SSE Energy Services in 2020, it needed to harmonise benefits across the two organsiations. Employees would receive a flex pay arrangement, worth an additional 9% of salary. This would incorporate an employer pension contribution of 4%, and an extra 5% which could be used ...
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ArticleLancashire County Council ordered to pay £800,000 in discrimination case
An employment tribunal has ruled that Lancashire County Council must pay out more than £800,000 to a teacher who was made to reapply for her job while on sick leave with cancer and then sacked.Anne Healey worked as an early years specialist for the council’s schools improvement service since 2012 ...
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ArticleVivid closes median gender pay gap
Affordable homes and support services provider Vivid has closed its median gender pay gap, falling to 0% from 13.5%.It reduced its 2023 mean gender pay gap by 14.6% points to just 0.5%. This is due to its rigorous set of benchmarked salaries for each role, its commitment to rewarding and ...
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ArticleNon-NHS health staff win one-off bonus
Thousands of health workers will now receive a one-off bonus after threatening legal action against the government. A payment of at least £1,655 was agreed for NHS workers as part of their pay deal in England, but thousands of outsourced staff did not qualify for this as ...
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ArticleLyft and Uber agree to $328m settlement after pay and benefits were withheld
Credit: Sundry Photography / Shutterstock.comRide-share firms Lyft and Uber have agreed to pay $328 million (£262 million) in settlements to current and former drivers following investigations by New York Attorney General Letitia James.The multi-year investigations into Uber and Lyft found that pay and benefits available under New York labor laws ...
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ArticleThe top 10 most-read articles between 27 October - 2 November 2023
The top 10 most-read articles on employeebenefits.co.uk between 27 October - 2 November 2023 were: Lakeland introduces new staff wellbeing supportWorker Protection (Amendment of Equality Act 2010) Bill receives Royal AssentGrant Thornton, EY and KPMG among 2023’s 100 Best CompaniesAIB to introduce bonus and healthcare benefits for employeesNHS Scotland launches ...
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ArticleNational Joint Council for Local Government Services staff accept pay deal
Employees at the National Joint Council for Local Government Services (NJC) have accepted a pay deal, following a long-running dispute.The deal will see a £1,925, or 6.4%, rise for staff outside of London earning up to £49,950, with a 3.88% increase for those on higher wages. Outer London staff will ...
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ArticleHomes England ordered to pay £24,000 in equal pay case
Homes England has lost an equal pay case against a senior employee who was paid £14,000 less than her male colleagues.Jennifer Owen joined the organisation as a quantity surveyor in November 2020 on a salary of £51,258 per year, which was the minimum in her pay band. She was told ...
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ArticleGender pay gap falls by a quarter over the last decade
The gender pay gap has fallen by one-quarter among full-time employees over the last decade to 7.7% in April 2023, according to figures from the Office for National Statistics (ONS).This figure is up from 7.6% in 2022, but is below the 9% gap before the Covid-19 pandemic in 2019. The ...
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OpinionAdrian Crawford: Bankers’ bonuses uncapped
The bankers’ bonus cap has been scrapped in the UK from 31 October 2023 as a post-Brexit measure reportedly designed to liberalise City pay and boost the competitiveness of the UK as a financial centre.First introduced by the European Union in 2014 in response to the 2008 financial crisis, the ...
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Supplier articleWEALTH at work launch NEW Corporate ISA
In today’s economic climate, helping employees to build their financial resilience and providing them with the knowledge and tools to do so, has never been so important.Whilst a workplace pension provides a savings vehicle for retirement, many organisations want to put in place a tax efficient savings option for those ...
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ArticleAIB to introduce bonus and healthcare benefits for employees
Allied Irish Banks (AIB) is to introduce healthcare benefits and a bonus worth up to €12,700 for all employees.From 1 January 2024, it will introduce healthcare benefits for the first time for all employees in the Republic of Ireland and Northern Ireland. The benefits, which are provided by Bupa and ...
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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 ...