All Pay strategy articles – Page 67

  • top10news22-27April
    Article

    The top 10 most-read articles between 22 April – 27 April 2022

    2022-04-29T08:00:54Z

    The top 10 most-read stories on employeebenefits.co.uk between 22 April and 27 April 2022 were: Unum UK introduces electric vehicle salary sacrifice schemeBest Benefits Communications shortlist unveiled for Employee Benefits Awards 2022Saga and Card Factory make Best Benefits to Support Employees Post-Pandemic shortlist at Employee Benefits Awards 202275% of employers ...

  • rooftopbar
    Article

    Get paid to test rooftop bars and cocktails with MrQ

    2022-04-29T08:00:00Z

    Something for the weekend: Now that Covid-19 (Coronavirus) restrictions have ended and the nation is free to go out and socialise again, some may wish to sip delicious cocktails while enjoying amazing views of England’s capital. What if we told you that you could do both while also getting paid ...

  • ssangyong motors UK
    Article

    SsangYong Motors UK becomes living wage employer

    2022-04-28T11:22:12Z

    Korean car manufacturer SsangYong Motors UK has received living wage employer accreditation from the Living Wage Foundation.Its living wage commitment will ensure that all of its UK employees will receive a minimum hourly wage of £9.90 per hour if they are based outside of London, or £11.05 per hour inside ...

  • Schlumberger
    Article

    Schlumberger reports 2.7% mean global gender pay gap

    2022-04-28T10:12:42Z

    Technology business Schlumberger has reported a 2.7% mean global pay gap in favour of men, as highlighted in its report titled 2021 Women and pay—driving gender balance in Schlumberger.The business plans to produce a report biannually, to increase transparency around pay practices among employees and external stakeholders, and serve as ...

  • median basic pay
    Article

    Pay awards remain at highest level since 2008 but still lag behind inflation

    2022-04-27T11:04:06Z

    HR software firm XpertHR has analysed 263 pay settlement outcomes, and found that the median basic pay award in the three months to the end of March 2022 was worth 3%, the same as the previous two rolling quarters.Pay awards therefore remained at their highest level since December 2008, when ...

  • Unum adoption assistance scheme
    Article

    Unum UK reports 23% mean gender pay gap

    2022-04-27T09:47:46Z

    Employee benefits prover Unum UK has revealed that its 2021 mean gender pay gap was 23%, widening from 22% in 2020.However, its median gender pay gap narrowed from 15% in 2020 to 14.8% in 2021. This was one percentage point less than its 2018 figure, while its mean gap was ...

  • British Heart Foundation
    Article

    British Heart Foundation reports 4% gender pay gap

    2022-04-26T10:54:55Z

    The British Heart Foundation has revealed that its mean gender pay gap for 2021 was 4% in favour of men, compared with the national average of 15%. This was a drop from 6% in its 2020 report.Its median pay was close to being equal for women and men, with women ...

  • financial-wellbeing_
    Article

    50% of employers have not introduced extra financial support

    2022-04-26T08:20:36Z

    Employee Benefits poll: Half of employers have not implemented extra financial support for their staff to combat the cost-of-living crisis, and do not plan on doing so.A total of 12% of respondents to an online survey conducted by Employee Benefits Magazine said they have introduced some additional financial help for ...

  • Ukraine
    Analysis

    What impact is the war in Ukraine having on benefits strategies?

    2022-04-26T05:00:07Z

    Employee support during the war in Ukraine might include evacuating staff and providing flexible, practical support for those directly affected.Organisations should also remember the importance of mental health support for all employees, including senior managers.In addition to day-to-day considerations, businesses should understand the wider ramifications of world events on other ...

  • Poll: Would your organisation publish disability pay gap data?
    Article

    UK 2021 disability pay gap narrows to 13.8%

    2022-04-25T10:17:01Z

    New data from the Office for National Statistics (ONS) has revealed that the UK’s disability pay gap was 13.8% in 2021 and 14.1% in 2019 prior to the Covid-19 (Coronavirus) pandemic.In 2021, disabled employees earned £12.10 per hour and non-disabled employees £14.03 per hour, while in 2019, disabled staff earned ...

  • 21 April 2022
    Article

    The top 10 most-read articles between 14 April – 21 April 2022

    2022-04-22T08:00:12Z

    The top 10 most-read stories on employeebenefits.co.uk between 14 April and 21 April 2022 were: Tesco to pay staff thank-you bonus of 1.25% of annual wagesEmployee Benefits Awards 2022 Benefits Professional of the Year award shortlist revealedAsda partners with Workday for enhanced employee experienceAdapting pay strategies to cope with the ...

  • GlaxoSmithKline
    Article

    UK GlaxoSmithKline staff vote to strike in pay rise row

    2022-04-21T10:34:55Z

    UK GlaxoSmithKline (GSK) employees have voted to strike against a “derisory” 2.75% pay rise offer from British Big Pharma, according to labor union Unite.A total of 86% were in favour of industrial action, with staff located in Scotland, Hertfordshire, West Sussex, Cumbria and Durham taking part in the ballot. The ...

  • Employers-launch-gender-pay-gap-campaign
    Article

    PensionBee reports 2% median hourly pay gap

    2022-04-19T09:59:40Z

    Online pension provider PensionBee has reported a 2% median hourly pay gap and a 0% median bonus pay gap in its most recent gender pay gap report.According to the provider, which has an employee base of 138, these gaps are in line with its 0% target, with a variance of ...

  • cost of living crisis
    Analysis

    Adapting pay strategies to cope with the cost-of-living crisis

    2022-04-19T05:00:47Z

    Need to know:Sweeping pay rises may not be achievable for many employers, but spot bonuses can help staff without as heavy an impact on yearly budgets.Financial wellbeing and flexible pay tools can help employees gain greater flexibility and control over their money.Effective communication of the benefits available to staff, as ...

  • Monument House 2022 PromoVeritas
    Case Studies

    PromoVeritas focuses on pay to provide security for staff

    2022-04-19T05:00:29Z

    In a move to help staff cope with the soaring cost of living, promotional marketing agency PromoVeritas announced an across-the-board 6.5% pay rise for its 40 employees in March 2022, and a rise of 8% for those who achieved a performance score of eight out of 10 or higher in ...

  • Katherine-Chapman-bio-cropped
    Opinion

    Katherine Chapman: As costs rise, how can pay strategies help employees make ends meet?

    2022-04-19T05:00:06Z

    We are living in unprecedented times, with inflation at a record high and spiralling energy and food bills. The worst income squeeze on record lies before us and no one will feel it more sharply than the nearly five million people in low-paid and insecure jobs, already struggling to meet ...

  • tesco bonus
    Article

    Tesco to pay staff thank-you bonus of 1.25% of annual wages

    2022-04-14T11:17:29Z

    Supermarket chain Tesco has introduced a thank-you bonus of 1.25% of annual wages for its store, customer fulfilment centre and customer engagement centre staff.This bonus has been implemented to recognise the hard work of Tesco employees during the industry challenges of the past year, and will apply to between 280,000 ...

  • Dollar Bills
    Article

    Nylas to help fund start-ups of current and former employees

    2022-04-14T10:39:32Z

    US-based communications application programme interface (API) provider Nylas has launched the Nylas Alumni Fund, to support both current and former employees who wish to launch early stage start-ups.Nylas has pledged to contribute up to $20,000 (£15,219.90) towards a seed round of funding in support of what it deems to be ...

  • Allen and Overy
    Article

    Allen and Overy reports 59% mean gender pay gap

    2022-04-13T10:35:14Z

    Law firm Allen and Overy has published its fifth annual gender pay gap report, which found that its overall mean gender pay gap in 2021 was 59%, a slight decrease from 60% in 2020.Its overall median gender pay gap stood at 41%, just less than 46% in 2020. Meanwhile, its ...

  • payrolled employment
    Article

    Employment on the rise but real pay growth falters

    2022-04-12T11:08:35Z

    The number of payrolled employees has increased between February and March 2022 for all regions of the UK except for the North West, according to research from the Office of National Statistics (ONS).For the three months ending February 2022, the highest employment rate estimate in the UK was in the ...