All Pay strategy articles – Page 64
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Article90% of employers think living wage is high enough
Employee Benefits poll: Nine out of 10 (90%) people think the living wage rate is high enough in the current climate.Conversely, 10% of respondents to an online survey conducted by Employee Benefits said that they think the living wage is not high enough considering current events impacting employees’ financial wellbeing.Earlier ...
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ArticleStagecoach Warwickshire gives bus drivers 13.3% pay rise
Stagecoach Warwickshire has given 450 bus drivers a 13.3% pay increase after they began balloting for strike action.The one-year pay deal brings drivers’ wages to £14 an hour, as well as more than £1,000 of back pay, from January. In addition, the two-year period in which new starters have to ...
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Article47% of businesses plan bonuses for Christmas 2022
Almost half (47%) of businesses said they planned to provide staff with year-end bonuses for Christmas 2022, according to research by Just Eat for Business.The Corporate Christmas Rewards Study surveyed 200 decision-makers at UK organisations, and found that 81% planned to host a party to mark the festive season and ...
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ArticleScotrail implements minimum 7% pay increase
Employees at transportation business Scotrail have accepted a pay rise of between 7% and 9%, backdated to April.The pay offer followed a campaign of industrial action by members of the National Union of Rail, Maritime and Transport Workers (RMT), which included two days of strikes.The deal include a 5% increase ...
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ArticleHarrods security guards strike in pay dispute
Credit: I Wei Huang / Shutterstock.comMore than 50 uniformed security guards and CCTV operators employed by luxury department store Harrods have commenced strike action over a pay dispute, starting at 12pm today (Friday 25 November).The employees, who decided on strike action following a one-year 7% pay offer, also warned of ...
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ArticleWeightWatchers gives US staff six months paid parental leave
WeightWatchers has introduced six months of paid parental leave for eligible full and part-time employees in the US.Chief executive officer (CEO) Sima Sistani, who joined the business in March, announced the new initiative on her LinkedIn page, explaining that she thinks society has taken a step back on what should ...
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ArticleThe top 10 most-read articles between 18 - 24 November 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 18 and 24 November 2022 were: Tesco launches salary advance scheme for staffVirgin Money gives staff 10% pay riseCompass Group rolls out salary advance scheme for employeesMitie introduces £10 million staff support packageLevy UK to pay real living wage from 2023Staff at ...
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Article82% undergoing fertility treatment would only consider employers offering relevant benefits
Eight in 10 (82%) employees either undergoing or preparing for fertility treatment would only consider working for an employer that offered fertility benefits, according to research by UK virtual fertility clinic Apricity.The survey of 500 UK people, with 40% undergoing fertility treatment and 60% preparing for it, found that 61% ...
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ArticleWest Midlands Metro staff accept up to 20.1% pay deal
Credit: Alex Daniels / Shutterstock.comCrew members employed by West Midlands Metro have called off strike action after accepting an improved pay offer.Under the pay deal, existing tram crew with 12 months or longer of service will receive a 20.1% pay increase by April 2023, with 15% of it backdated to ...
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ArticleBaker McKenzie awards US staff bonuses up to $115,000
Global law firm Baker McKenzie is to pay its US associates end-of-year bonuses of up to $115,000 (£96,530) depending on seniority.The bonuses will start at $20,000 (£16,788) for those in the class of 2021 and increase up to $115,000 for its most senior associates. This is in line matches its ...
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OpinionPaul Kelly: The importance of gender pay gap reporting for businesses
The government’s latest pay gap report, HMRC gender pay gap report 2021, which was published on 27 January 2022, revealed that in 2021, women earned 90 pence for every £1 earned by a man. Following this, there is increasing pressure for employers not just to report the numbers but instead ...
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ArticleCompass Group rolls out salary advance scheme for employees
Credit: JHVEPhoto / Shutterstock.comContract caterer Compass Group has launched a salary advance scheme for its 50,000 British and Irish staff, to help in the face of financial hardship and a worsening cost-of-living crisis.The advance option gives monthly salaried employees the ability to withdraw up to 50% of their earned pay ...
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ArticleStaff at 19 UK universities strike over pay
Staff employed by 19 higher education institutions have commenced strike action over pay this week, starting with Glasgow Caledonian University, where employees began striking yesterday (21 November) and have continued today.Administrators, cleaners, library, security and catering workers, some of the lowest paid in the university sector, are among those taking ...
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ArticleLevy UK to pay real living wage from 2023
Sports and leisure business Levy UK has committed to pay its more than 1,000 employees the real living wage as a minimum from 1 January 2023.Staff will earn an hourly wage of at least £10.90, which is the real living wage rate for employees across the UK, with those based ...
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ArticleVirgin Money gives staff 10% pay rise
Bank Virgin Money has awarded its 7,500 members of staff a pay rise of 10% on average, following a 43% increase in annual profits due to rising UK interest rates.The business announced the pay increase internally this month, following 92% of trade union Unite’s members at Virgin Money voting in ...
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ArticleHeathrow Airport ground handlers strike over pay
Ground handlers employed by Menzies at Heathrow Airport have commenced strike action today (Friday 18 November) over a pay dispute.The 350 employees, who are members of trade union Unite, started a 72-hour stoppage as of 4am. They have demanded a better pay offer than the ones made to date, which ...
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ArticleSuccess4All accredited as living wage employer
Educational charity Success4All has been accredited as a living wage employer by the Living Wage Foundation.To gain accreditation, the charity committed to paying its workforce a minimum hourly wage of £10.90, which is higher than the £9.50 per hour government minimum for those aged 23 and above, and the newly ...
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ArticleTesco launches salary advance scheme for staff
Supermarket chain Tesco has introduced a benefit that will allow its 280,000 employees to access up to 25% of their contractual pay early.The scheme, provided by Salary Finance, costs a single set fee of £1.49 per advance, and aims to help staff avoid payday loans or debt with high interest ...
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ArticleThe top 10 most-read articles between 11 - 17 November 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 11 and 17 November 2022 were: PWC launches discount scheme and virtual financial wellbeing supportTwitter equates remote work with resignation under Musk leadershipBarratt Homes gives staff second £1,000 cost-of-living paymentWilmott Dixon and Admiral named best big employers for Q4 2022Stagecoach Hull gives ...
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ArticleElectric vehicles to pay vehicle excise duty from April 2025
Autumn budget 2022: The government has announced that electric cars, vans and motorcycles will be required to pay vehicle excise duty (VED) from April 2025.According to Chancellor Jeremy Hunt, this will ensure a fairer tax contribution as the take up of electric vehicles continues to accelerate. The government will legislate ...