All Pay strategy articles – Page 51
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ArticleScotRail staff accept improved pay deal
Employees at Scottish railway service ScotRail have voted to accept an improved pay offer made by their employer through a referendum that closed yesterday (Monday 14 August).As part of the deal, train drivers will see a 5% basic pay rise for 2023/24, backdated to 1 April, with a further 1% ...
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ArticleMedian monthly pay up 7.8% year-on-year
Median monthly pay for July 2023 has been estimated at £2,274, a 7.8% increase from July 2022 and the highest rate since 2001, according to data from the Office for National Statistics (ONS).Its latest labour market figures revealed that this was a decrease from £2,308 in June 2023, which was ...
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Article30% of staff prefer CDC pension for decumulation over an annuity or drawdown
Almost one-third (30%) of UK defined contribution (DC) savers said they prefer a collective defined contribution (CDC) pension for a decumulation option at retirement instead of an annuity or drawdown, according to new research.Global professional services firm Aon and financial services provider Aegon’s new whitepaper Collective DC decumulation – is ...
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ArticleThe Watches of Switzerland Group accredited as living wage employer
Credit: T. Schneider / Shutterstock.comThe Watches of Switzerland Group has been accredited as a real living wage employer by the Living Wage Foundation.As a result of this commitment, every Watches of Switzerland Group employee will receive a minimum hourly wage of £11.95 for those based in London and £10.90 for ...
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ArticleStagecoach Manchester drivers strike over pay
More than 1,000 Stagecoach Manchester bus drivers are striking today (11 August) after rejecting a renewed pay offer that does not include back pay.According to trade union Unite, while an offer of around £14.3% was made to be implemented from September, rather than June, the agreed anniversary date for pay ...
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ArticleChief Uno player needed for £3,500-a-week role
Something for the weekend: Toy firm Mattel has advertised for a chief Uno player to help promote its new Uno Quattro game.The job is advertised as paying $4,444 (£3,500) a week to play the game over a four-week period in New York, starting in September. The successful candidate will need ...
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ArticleTribunal rules law firm must pay out on 13 counts of unfair dismissal
An employment tribunal has ruled that a defunct Newcastle-based law firm must pay 13 former employees 90 days’ remuneration for unfair dismissal after failing to give sufficient notice of redundancy ahead of the firm ceasing trading.Short Richardson and Forth closed on 30 September 2022, before entering into voluntary liquidation on ...
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ArticleStanlow Oil Refinery workers accept 300% bonus pay increase
Construction workers employed at the Stanlow Oil Refinery in Cheshire have secured a 300% increase in bonus pay.The 450 employees operating under the National Agreement for the Engineering Construction Industry, work for several different contractors at the site. Following negotiations, their hourly bonus rate was increased from 80p to £2.37.Workers ...
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ArticleRhondda Cynon Taf Council recognised as living wage employer
Rhondda Cynon Taf Council has been accredited as a living wage employer, a commitment which will see no-one working at the council paid below the current minimum hourly wage of £10.90, higher than the government minimum for over 23s, which currently stands at £10.42 per hour.The announcement of accreditation follows ...
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ArticleBritish Airways agrees 13% pay rise for staff
Unite has secured a 13.1% pay rise for around 24,000 staff employed by British Airways in the UK, according to the union. Not including pilots or management, the workforce will receive the pay rise over an 18-month period, together with a £1,000 one-off payment. The union has ...
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ArticleGretna Green accredited as living wage employer
Credit: chrisdorney / Shutterstock.comWedding venue and events business Gretna Green has received living wage employer accreditation from Living Wage Scotland.As part of its living wage commitment, all Gretna Green employees will receive a minimum hourly wage of £11 per hour. This is above the UK’s living wage requirement of £10.90, ...
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ArticleThe top 10 most-read articles between 28 July - 3 August 2023
The top 10 most-read articles on www.employeebenefits.co.uk between 28 July - 3 August 2023 were: High Court rules BBC cannot change pension to cut future benefitsMitchells and Butlers completes £1.2 billion pension buy-inWoolworths Group faces charges for underpaying long service leaveTeachers in England accept 6.5% pay riseBirmingham Airport staff accept ...
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Case StudiesApplifting promotes a fair reward system with pay transparency
Transparent pay strategies can entail openly disclosing employee salaries to other employees and potential recruits. The logic behind this is that it places everyone on the same page regarding expectations for salary and creates a fair conversation for employees that want to discuss pay rises. Founded in 2014, software development ...
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AnalysisHow can pay transparency manage employees’ expectations around salary?
Need to know:In challenging times, it is important to foster trust in the workplace. Transparency around pay levels and salary capabilities helps to avoid frustration and misunderstandings and instead provide clarity and reassurance.When it comes to asking for a pay rise, knowing what those in a higher position are earning ...
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ArticleWoolworths Group faces charges for underpaying long service leave
Credit: myphotobank.com.au / Shutterstock.comAustralian retailer Woolworths Group and its subsidiary Woolstar Pty have had more than 1,000 charges filed against them by Wage Inspectorate Victoria for failing to make long service leave payments.The charges, which were filed in the Magistrates’ Court of Victoria, alleged that the group failed to pay ...
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ArticleTeachers in England accept 6.5% pay rise
All four teaching unions and their members in England have accepted a 6.5% pay rise, ending ongoing strikes and a dispute over pay.The pay increase applies to teachers in state-funded schools in England. Members of the National Education Union (NEU), who have been on strike for eight days since February ...
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Article46% do not think public sector pay rises support employees enough
Employee Benefits poll: Almost half (46%) of organisations do not think recent public sector pay rises go far enough to support employees, according to a survey of Employee Benefits readers.Meanwhile, 45% think that they do go far enough to support staff, whereas 9% were unsure if they do or not.Last ...
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ArticleWest End and UK theatre directors win pay rises
Theatre directors in the West End and across the UK have won pay rises as part of a four-year agreement following a financial claim submission earlier this year.West End directors will receive an immediate 10% increase to minimum rates, while those in the commercial and subsidised sector across the UK ...
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ArticleBirmingham Airport staff accept 13.25% pay rise
Credit: Ceri Breeze / Shutterstock.comMore than 150 Birmingham Airport security officers and terminal technicians have accepted a 13.25% pay rise, ending all planned strike action.The one-year pay deal consists of a 10.5% consolidated and 2.75% non-consolidated rise. It also includes two new workplace representatives from trade union Unite, which represented ...
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ArticleThe benefits Lana Del Rey could receive as a Waffle House employee
Credit: Christian Bertrand / Shutterstock.comSomething for the weekend: US singer Lana Del Rey has been spotted working at an Alabama branch of Waffle House this week, where she took food orders, made coffee for guests and even signed merchandise.Fans commented on her appearance on social media, stating: “She’s humble. I ...