All Pay strategy articles – Page 6
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ArticleDeloitte equalises paid parental leave
Accounting firm Deloitte UK is to equalise parental leave, in order to give fathers the same paternity pay as it does maternity pay for mothers. The policy of 26 weeks of fully-paid family leave for all new parents will come into effect on 1 January 2025 and ...
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ArticleJunior doctors accept 22% pay settlement
The British Medical Association’s junior doctors committee has accepted the government’s 22.3% pay settlement, after 66% of junior doctors in England voted in favour of the deal. Junior doctors, who from Wednesday 18 September will be known as resident doctors, had been in dispute since October 2022 ...
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OpinionGail Irvine: How can employers encourage staff to save money?
UK Savings Week (9-15 September 2024) is a timely reminder of the financial challenges workers face when it comes to saving. The cost-of-living crisis has made it harder than ever before to set money aside, hitting the UK’s 3.7 million low-paid workers the hardest. For those on the lowest pay, ...
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ArticleMore than 300 ScotRail staff accept pay rise
More than 300 workers employed by ScotRail have accepted a 4.5% pay rise offer following ongoing negotiations. The employees are general workers such as train cleaners, engineers, ticket agents, hospitality assistants and conductors, and staff who are part of the engineering grades. They provide maintenance, overhaul and ...
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ArticleUniversity College London to give non-clinical staff pay increase
Credit: Stephen Plaster / Shutterstock.comUniversity College London has announced that it will award non-clinical staff a pay increase in their September salary payment following negotiations between the Universities and Colleges Employers Association (UCEA).Backdated to 1 August, full-time non-clinical staff on the national single pay spine will receive a £900 uplift ...
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ArticleTesco loses Supreme Court case over fire and rehire proposals
Supermarket Tesco has lost its Supreme Court case against Usdaw over what the trade union called proposals to fire and rehire workers on less favourable terms. In 2007, Tesco planned to close some of its distribution centres and offered staff retained pay for them to relocate. It ...
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ArticleUS Boeing workers strike over pay offer
More than 30,000 workers employed by aerospace business Boeing in Seattle and Portland in the United States (US) have begun strike action after rejecting a pay offer. The employees, who work on constructing planes including the 737 Max and 777, are members of the International Association of ...
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ArticleThe top 10 most read articles between 6 - 12 September 2024
The top 10 most read articles between 6 - 12 September 2024 on employeebenefits.co.uk were: Bank of London and the Middle East launches enhanced and flexible maternity leave Exclusive: Travis Perkins and Rio Tinto to discuss culture of recognition and reward at Employee Benefits Live ...
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ArticleMedian pay award falls to 4% for three months to July
The median pay award across the economy fell to 4% in the three months to July 2024, down from 4.8% in June, according to research by Incomes Data Research (IDR). Its latest analysis, which is based on a sample of 39 awards between 1 May and 31 ...
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ArticleParfetts awards employees 12% profit share bonus
Wholesaler Parfetts has awarded its employees a 12% profit share bonus following a record year for turnover. The employee-owned business operates depots in Aintree, Anfield, Birmingham, Halifax, Middlesbrough, Sheffield, Sommercoates and Stockport. All qualifying employees will receive the bonus in October. It is an increase from the ...
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ArticleBank of America raises minimum hourly wage for US employees
Bank of America has raised its minimum hourly wage for its US employees to $24 (£18.34) per hour as part of its commitment to increase the rate to $25 (£19.10) by 2025. As a result of the increase, which applies to all full-time and part-time hourly US ...
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ArticleWelsh public sector staff receive pay rise between 5% and 6%
NHS staff, teachers and public sector workers in Wales will receive pay rises of between 5% and 6% in 2024-2025. The pay awards will impact hundreds of thousands of public sector workers across Wales. The Welsh government accepted the pay recommendations from independent pay review bodies in ...
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ArticleA quarter of UK employers think DC pension will provide comfortable retirement
Only a quarter of UK employers think their defined contribution (DC) pension provision will leave their workers with a comfortable retirement, according to research by Willis Towers Watson (WTW). The insurance and financial services firm’s annual Defined contribution pensions and savings report, which surveyed 112 FTSE 350 ...
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ArticleIndian nurse wins interim payout of unpaid wages
An Indian nurse who was sacked by a British care organisation has been awarded a £17,000 payout in unpaid wages. Kirankumar Rathod worked for Clinica Private Healthcare and was dismissed after he raised concerns that he was not being offered enough work. Rathod and a number of ...
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ArticleABM Aviation workers at Stansted Airport accept pay rise
Around 200 workers employed by ABM Aviation at Stansted Airport have accepted a pay rise of 12.4%. The staff, who provide special assistance for the airport’s most vulnerable passengers, are members of trade union Unite. As part of the pay deal, they will also receive sick pay ...
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ArticleExclusive: 62% of staff incentivised by benefits through salary sacrifice scheme
Almost two-thirds (62%) of employees who plan to get an electric vehicle (EV) as their next car said a key incentive is the benefits available through a salary sacrifice scheme, according to new research by Tusker. The salary sacrifice car provider surveyed 5,942 UK employees for its ...
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ArticleBank of London and the Middle East launch enhanced and flexible maternity leave
Bank of London and the Middle East has launched an enhanced and flexible maternity leave benefit to provide new mothers with different options to suit their personal preferences. As part of its recognition that not all women want the same provision, the bank’s policy outlines four different ...
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OpinionConfessions of a benefits manager: Candid looks into pay transparency
Although the EU pay transparency regulations don’t yet come into force, I am conscious we will have a great deal to do to prepare. To get up to speed on the latest, I register for a masterclass webinar held by our advisers, Smarmy Consultants. I am working ...
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ArticleAmazon raises minimum pay rates in UK by 10%
Credit: Sundry Photography / Shutterstock.com Retail giant Amazon has awarded a pay deal worth nearly 10% to its tens of thousands of UK employees, just weeks after narrowly winning a union recognition vote at a key facility. The online business said the rise would raise minimum pay ...
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ArticlePRS for Music recognised as living wage employer
Image credit: Andi Smallwood Music collective management organisation PRS for Music has been recognised as a living wage employer by the Living Wage Foundation. The employer, which is headquartered in London and has more than 500 employees, has committed to paying every PRS for Music employee a ...