All Pay strategy articles – Page 68
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ArticleWickes reports 7.4% mean gender pay gap
Home improvement retailer Wickes has reported a mean gender pay gap of 7.4%, up from 6.4% in 2021.The business, which published its second gender pay gap report since becoming an independent listed employer, also reported a 2.6% median gender pay gap for 2022, narrowing from 8.4% last year.Wickes stated that ...
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ArticleSoaring Santa demand means sackfuls of cash for festive entertainers
Something for the weekend: Santas little helpers can name their price this year, as US-based holiday entertainer hiring website HireSanta.com has revealed it is overwhelmed with tree-mendously high demand.In a video interview with news website NPR, Mitch Allen, founder and self-described ‘head elf’ at HireSanta.com, explained that the business has ...
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ArticleThe top 10 most-read articles between 9 - 15 December 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 9 and 15 December 2022 were: Northern Ireland government confirms £1,400 NHS pay awardJacob’s Cream Crackers gives 6.5% pay riseGovernment awards £1.97 million to help women in the workplaceEmployers using pay to drive performance outperform peersBillionaire boss hires out Disney World exclusively ...
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ArticleFDM Group reports -4% mean gender pay gap
Recruitment business FDM Group has published its gender pay gap report for 2022, having achieved a mean gender pay gap of -4%.The organisation's median gender pay gap for this year was -4.3%, having narrowed compared with last year’s figure of -9.6%, but remaining well below the UK average median pay ...
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ArticleNursing staff strike in dispute over fair pay
Approximately 100,000 nursing staff have commenced strike action across England, Northern Ireland and Wales today (15 December) in an ongoing dispute about fair pay and patient safety.The nurses have campaigned for a pay rise, and announced their intention to resort to industrial action last month, stating that without pay to ...
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ArticleImperial College London reports 16.6% mean gender pay gap
Imperial College London has published its gender pay gap report for the sixth time, showing a mean gender pay gap of 16.6% for 2022, which is higher than the 13.9% national mean gender pay gap.The university's mean hourly rate for total pay was £27.49 for women and £32.97 for men, ...
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OpinionJayne Flint: What does the continuation of the off payroll working rules mean for businesses?
The government announced in the recent mini Budget that it intended to scrap the off payroll working rules from 6 April 2023. On 17 October 2022, it confirmed that this is no longer the case. This means that the rules, which apply when a business engages a contractor who operates ...
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ArticleEmployers using pay to drive performance more likely to outperform peers
Businesses that make effective use of pay programmes to drive individual and team performance are 1.2 times more likely to outperform others, and 1.4 times more likely to report higher employee productivity, according to research by Willis Towers Watson (WTW).More than 800 global organisations were surveyed, highlighting that employers using ...
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ArticleBarratt Developments UK reports 8.8% mean gender pay gap
Housebuilding organisation Barratt Developments UK has published its 2022 gender pay gap report, showing its mean gender pay gap to have widened from 6.2% in 2021 to 8.8%.The business' median gender pay gap also widened, from -0.4% last year to 6.3% in 2022. The mean bonus pay gap increased from ...
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Article18% of employers offer staff a salary advance scheme
Employee Benefits poll: Almost a fifth (18%) of organisations offer a salary advance scheme allowing staff to access their wages before payday, according to an online survey among Employee Benefits readers.Conversely, 54% of respondents said that they do not offer a scheme of this kind. However, 31% revealed that while ...
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ArticleJacob’s Cream Crackers gives factory staff 6.5% pay rise
Credit: Claudio Divizia / Shutterstock.comMore than 750 factory employees for Jacob's Cream Crackers, owned by Pladis, secured an improved pay deal after 11 weeks of strike action.The employees, who also make Mini Cheddars, Clubs and Twiglets at the site in Aintree, the primary facility for the business' products in the ...
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ArticleHorse trainer fined €4,000 for failure to pay bonuses to staff
Declan Queally, a horse trainer in Ireland, was fined €4,000 (£3449.24) following an inspection of his stable yard and business, which found he had failed to pay necessary bonuses to staff under the Stable Employee Bonus Scheme.The scheme, which came into force in May 2000, is financed by a 3% ...
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ArticleSearch Intelligence pledges to pay employees' winter utility bills
Digital PR agency Search Intelligence has committed to pay its 50 employees a monthly bonus during the winter months, with the aim of easing the pressure of rising utility bills.Starting in December, for three months Search Intelligence will pay staff an extra £250, amounting to an investment of £12,500 more ...
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ArticleNorthern Ireland government confirms £1,400 NHS pay award
The Department of Health in Northern Ireland has implemented pay awards for NHS staff for 2022-23, amounting to at least £1,400 per annum for those on banded salaries covered by the Agenda for Change.Salaried doctors and dentists, meanwhile, were awarded a 4.5% increase. Both pay awards were backdated to 1 ...
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ArticleBillionaire boss hires out Disney World exclusively for 10,000 staff
Credit: Viaval Tours / Shutterstock.comSomething for the weekend: Ken Griffin, founder of hedge fund and trading business Citadel and Citadel Securities, has thanked 10,000 employees by flying them out to Walt Disney World in Florida for three days, as well as hiring famous musicians to play at the business’ corporate ...
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ArticleThe top 10 most-read articles between 2 - 8 December 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 2 and 8 December 2022 were: Natwest gives 59,000 employees cost-of living paymentHachette UK gives staff cost-of-living payment and increases holidayAxa UK introduces free period products in all UK offices Asos and UK Power Networks make Inclusive Top 50 UK Employers ListGeneral ...
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ArticleSTR Group rewards staff with 5% salary increase
International recruitment firm STR Group has given its workforce a pay rise worth 5%, an investment of more than £250,000, as of 1 January 2023.The business, which employs 150 members of staff, carried out a full-scale review of salary bandings and made changes to its salary and commission schemes as ...
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ArticleMetroline gives London bus drivers 11% pay increase
Credit: Martin Gillman / Shutterstock.comMore than 2,000 Metroline bus drivers in London called off industrial action after accepting an 11% pay rise deal, with a 10% increase on back pay.The employees, working for the Singapore-based subsidiary Metroline Travel, were originally offered a 4% increase. They then rejected a 10% pay ...
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ArticleZopa Bank increases minimum salary to £27,000
London-headquartered Zopa Bank has raised the minimum salary for its more than 600-strong workforce by more than 20% as a response to the cost-of-living crisis.The bank raised its base salary to a minimum of £27,000, 25% above the London living wage. It has also provided an additional winter bonus of ...
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ArticleHachette UK gives staff cost-of-living payment and increases holiday
Publishing business Hachette UK has increased starting salaries and holiday benefits, and awarded staff a performance-related bonus and a cost-of-living payment.Due to come into effect in January, UK and Ireland publishing and distribution employees have been given a non-consolidated £1,000 cost-of-living payment. Senior team members will not be eligible for ...