All Pay strategy articles – Page 51
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ArticleGovernment reduces 45% income tax threshold
Image credit: Gints Ivuskans / Shutterstock.comAutumn budget 2022: The government has reduced the threshold at which the 45% rate of income tax becomes payable, from £150,000 to £125,140.Chancellor of the exchequer Jeremy Hunt made the announcement in his autumn budget statement, noting that those earning £150,000 or more would pay ...
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ArticleMobysoft implements £1,200 cost-of-living payment
Manchester-based software service firm Mobysoft has given employees earning up to £35,000 a £1,200 cost of living support payment to help combat the effects of the current cost-of-living crisis.The payment will be split over the next four months to February 2023, and the firm also offered a tapered support programme ...
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ArticleScaler gives workforce 10 days of paid gratitude leave
India-based technology upskilling startup Scaler has given its 2,200 employees 10 days of paid time off at the end of the year.The business introduced what it called ‘gratitude leave’ in order to allow staff a break from 21 December through 1 January, rewarding their hard work throughout the year, which ...
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ArticleBarratt Homes gives staff second £1,000 cost-of-living payment
Housebuilder Barratt Homes is to give an additional £1,000 to 95% of its workforce in order to help with the rising cost of living.More than 6,800 employees under the firm’s grade 5a tier will be eligible for the payment. The support will not change other pay-related benefits, such as pension ...
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ArticlePetrofac staff strike over pay dispute
Around 146 workers at Petrofac-owned Repsol assets at several North Sea oil and gas installations have begun strike action today (16 November) over pay.The deck crew, platers, pipe fitters, electricians and riggers, who are based at the Flotta terminal in Orkney and the Fulmar platform, will take part in a ...
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ArticleStadler Rail Service agrees pay deal with Tyne and Wear Metro engineers
More than 50 Tyne and Wear Metro engineers employed by Stadler Rail Service have accepted a pay offer after calling off planned strike action.The engineers planned to strike from 14 to 28 November, with more action set to be scheduled if the dispute was not resolved, over a 4% pay ...
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ArticleCharles Gregory Solicitors to pay £32,000 after incorrect employment transfer
London law firm Charles Gregory Solicitors has been ordered to pay an employee £32,000 after it transferred his employment to another business without due notice or consultation.Eduardo Grazioli worked for regulated firm Rider Support Services from 2007 as a paralegal and later a personal injury solicitor. When the firm could ...
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ArticleAssociation of Accounting Technicians reports -0.2% mean gender pay gap
The Association of Accounting Technicians (AAT) has decreased its mean gender pay gap for 2022 from 3.5% to -0.2%, due to an increase in the number of women in senior roles.The association’s latest gender pay gap report and second ethnicity pay gap report were based on hourly rates of pay ...
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Poll: Do you think the living wage rate is high enough in the current economic climate?
Take part in our latest readers’ poll on a current topical issue. Employee Benefits reported today that housing and elder care provider Anchor has received real living wage employer accreditation from the Living Wage Foundation to mark Living Wage Week (14 – 20 November). In light of this, do you ...
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ArticleAnchor accredited as living wage employer
Housing and elder care provider Anchor has received real living wage employer accreditation from the Living Wage Foundation.As of 22 September, the UK living wage rate for those outside of London increased to £10.90 per hour, while those based in London receive £11.95 per hour.The business, which employs more than ...
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ArticleStagecoach Hull gives staff 20% pay rise
More than 250 Stagecoach workers in Hull have accepted a two-year pay deal worth 20% after suspending further strike action.The bus drivers, who were on strike for four weeks, have received a pay increase to £12.50, backdated to May 2022. This will then increase to £13 from December 2022, £13.25 ...
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ArticleThe top 10 most-read articles between 4 - 10 November 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 4 and 10 November 2022 were: Lloyds Bank offers employees minimum £2,000 pay riseBoohoo gives shares to more than 1,100 employeesLaura Trott appointed minister for pensionsPrinces Group gives staff one-off payment and 7% raiseEXCLUSIVE: AutoRek launches financial wellbeing tool for staffWincanton gives ...
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ArticleFreebets to pay professional fan £500 to watch 2022 World Cup
Something for the weekend: In order to celebrate the start of the 2022 Qatar Fifa World Cup on 20 November, sports betting service Freebets.com has offered one lucky self-proclaimed professional TV sports fan the chance to get paid to watch.The candidate who scores this opportunity will receive a £500 payment ...
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ArticleA quarter of staff have had cost of living help from their employer
Just one-quarter (25%) of employees have received additional assistance from their employers to help manage the rising cost of living, outside of annual salary increases, according to HR services provider Randstad.The research, which surveyed 7,000 people across five markets, also revealed that 57% were not expecting any additional help in ...
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ArticleNewcastle City Council increases pay for lowest earners
Newcastle City Council has increased wages by £1 per hour for 800 of its lowest-paid employees, as part of its commitment to fair pay and maintaining a decent standard of living.The eligible employees include school cooks, domestic staff, cleaners and nursery assistants, among others, and the overall pay increase will ...
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ArticleTangerine Group rewards staff with profit share bonus
Animal health and nutritional brand business Tangerine Group has rewarded 57 of its employees with more than two years of service with an annual profit share bonus.The staff have shared a £400,000 bonus pot, with those who have been with the organisation the longest receiving up to £10,000 in their ...
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ArticleUniversity of Sheffield gives staff £1,000 cost of living payment
The University of Sheffield has awarded a £1,000 payment to all of its employees, equating to an £8.4 million investment, in response to the rising cost of living.Casual workers and graduate teaching assistants will be provided with an equivalent increase in their hourly rate of pay for any work they ...
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ArticleBoohoo gives shares to more than 1,100 employees
Image credit: AL Robinson / Shutterstock.comOnline fashion retailer Boohoo has given shares to more than 1,100 of its employees, including several members of its senior leadership.The Manchester-headquartered group released a statement to the London Stock Exchange, stating that the move was part of its Save As You Earn (SAYE) share ...
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ArticleWincanton gives Asda HGV drivers 9.5% pay rise
More than 80 heavy goods vehicle (HGV) drivers employed by Wincanton on an outsourced contract, delivering food to Asda’s regional distribution centres, have accepted a 9.5% pay increase.The drivers, who are members of the trade union Unite, are based at Wincanton’s depot in Rochdale, Greater Manchester. They were previously paid ...
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ArticleBarts Health NHS Trust gives outsourced laundry staff 17% raise
Credit: Kam Hus / Shutterstock.comBarts Health NHS Trust has brought its outsourced linen and laundry workers onto NHS terms and conditions and will receive a 17% pay increase after the trade union Unite secured an agreement.The 29 workers, a high proportion of whom are from ethnic minorities, employed by the ...