All Pay strategy articles – Page 59
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ArticleNationwide Building Society gives staff £1,200 cost-of-living payment
Nationwide Building Society has awarded its more than 11,000 members of staff with a £1,200 one-off payment as it increases support during the cost-of-living crisis.The payment has been introduced for those who earn £35,000 or less per year, which is 61% of its 18,000-strong workforce. It will be paid in ...
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ArticleEXCLUSIVE: 35% of employers will not change pay despite rising living costs
More than a third (35%) of employers are not planning on making any changes to pay policies in light of the current economic environment, according to research by insurance brokerage, risk management and consulting services firm Gallagher.Conversely, 40% of employers said they have demonstrated their commitment to supporting employees financially ...
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ArticleMedian monthly pay up by 6.6% in July 2022
Early estimates for July 2022 from the Office for National Statistics (ONS) indicate that median monthly pay was £2,108, a 6.6% increase compared with the same period last year.According to the findings, pay growth fluctuated around 3.6% until 2020 when it became negative, following an increasing pay growth trend between ...
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ArticleBritish Airways staff secure 13% raise in bid to reinstate 2019 pay levels
A total of 16,000 British Airways staff have won a 13% pay increase after receiving pay cuts during the Covid-19 (Coronavirus) pandemic.Employees will be given a lump sum worth 5% of their wages this month, a consolidated 5% increase in September, and a further 3% consolidated rise in December, working ...
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ArticleTribunal finds in favour of finance executive in wellbeing and age discrimination case
An Employment Tribunal has found in favour of a finance executive who worked for e-commerce fulfilment provider Selazar, in claims that included unfair dismissal, breach of contract and age discrimination.Louise McCabe was one of the founding directors of Selazar when it was incorporated on 10 October 2014, alongside chief executive ...
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ArticleAldi gives distribution centre staff up to 9% pay rise
Supermarket chain Aldi has increased the hourly rate of pay for thousands of its UK regional distribution centre employees by up to 9%.As of September, all hourly paid colleagues within its warehouses receive pay rises of up to 9% on their previous January 2022 hourly rates.Warehouse selectors, which make up ...
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ArticleJet2 rewards employees with four extra annual leave days
Package holiday provider Jet2 has given its employees an extra four days of annual leave this year, with the aim of helping its 12,500 employees look after their mental wellbeing.The added leave allowance is on top of employees' annual leave for the 2022 calendar year, and can be taken at ...
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OpinionLovewell's logic: How far can financial support stretch?
As the summer of discontent continues, with reports of staff strikes hitting the headlines almost daily, it is hardly surprising that pay appears to be high on many employers’ agendas. This week alone, employers including Network Rail, Port of Bristol and Lufthansa have resolved pay disputes with staff accepting offered ...
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ArticleAustralian McDonald's staff seek compensation in paid break row
More than 250,000 current and former McDonald's employees in Australia have launched legal action against the fast food giant in a dispute alleging the denial of paid rest breaks at almost 1,000 current and former restaurant sites.The Shop, Distributive and Allied Employees Association (SDA) has lodged a Federal Court claim ...
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ArticleEast Belfast launches campaign to become living wage place
Regeneration charity the EastSide Partnership has launched a campaign to encourage employers in East Belfast to commit to paying the real living wage, to help the area to become an accredited living wage place.EastSide Partnership has launched the campaign as part of its Scaffolding Project, which aims to raise awareness ...
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ArticleFawley Oil Refinery security staff secure 31% pay rise
Security staff working for Securitas at Exxon Mobile's Fawley Oil Refinery in Southampton have voted unanimously to accept a pay increase of up to 31%.The employees, members of trade union GMB, have accepted a new pay structure which means they are paid no less than £11 per hour, with the ...
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ArticleLufthansa increases ground staff pay by up to 18.4%
Image credit: Nate Hovee / Shutterstock.comGerman air travel business Lufthansa has increased pay for around 20,000 ground service employees, working across various tranches of the business, by up to 18.4% depending on position and length of service.The pay award was agreed following collective bargaining proceedings with trade union Ver.di and ...
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ArticleNHS Grampian gains living wage accreditation
NHS Grampian in Aberdeen has gained accreditation as a Living Wage employer, following assessment by Living Wage Scotland and the Poverty Alliance, having committed to pay its 16,500 employees a salary that meets inflation and combats rising living costs.In April 2022, the government's living wage was set at £9.50 for ...
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ArticleAmazon warehouse staff engage in slowdown strikes over pay
Employees working at Amazon warehouses have launched 'slowdown work' protests in order to draw attention to issues around pay.The action originally started on 4 August, when staff at a warehouse in Tilbury, Essex walked out in protest of the retail business' pay offer, which amounted to a 35p per hour ...
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OpinionLee McIntyre-Hamilton: The tax impact of new employment status guidance
On 26 July 2022, the government published its response to a consultation on employment status, alongside associated guidance. The rules on employment status are important for both businesses and individuals, because they determine employment rights, such as entitlement to the national minimum wage and holiday pay, and whether a business ...
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ArticleEmployees from ethnic minority backgrounds earn up to 10% less
Employees from ethnic minority backgrounds earn on average up to 10% less than their white counterparts with the same characteristics, according to research by Bayes Business School, UCL and the University of Cyprus.The research found that female employees from ethnic minority backgrounds earned approximately 7% less on average than white ...
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ArticleSolicitor wins £150,000 in equal pay and discrimination case
Shipping solicitor Helena Biggs has been awarded more than £150,000 in damages in the conclusion of a successful equal pay and discrimination suit brought against her former employer A Bilborough and Company in 2020.In December 2020, the Employment Tribunal found in favour of Biggs in her complaints of unfair dismissal, ...
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Case Studies71a uses pay rises to motivate and reward employees
71a, a digital marketing agency that works with consumer finance brands, has not only given its eight full-time employees a pay rise this year to combat the increase of national insurance rates, but also upped wages by £1,500 in January in an attempt to help with increasing inflation.According to the ...
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AnalysisAre pay rises the best staff retention tool?
Credit: GoldenShark2 / Shutterstock.comAn employer’s compensation policy needs to be fair, equitable and as transparent as possible.Regular pay increases can be useful because if these are timely and properly aligned with career opportunity and growth, they can help employees feel engaged and motivated.Employees look to prospective employers for clarity and ...
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ArticleTesco agrees to cost-of-living pay rise for distribution centre employees
Around 2,400 Tesco distribution centre employees have gained a 9.5% pay rise in order to help manage the rising cost of living.The pay rise has been applied to all employees in distribution centres managed by Pertemps, including those in Lichfield, Livingstone and Daventry. Pertemps noted that it hopes the pay ...