All Pay strategy articles – Page 71
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ArticleStansted Airport implements 10% minimum pay increase
More than 1,000 fire fighters, security officers, cleaners and passenger ambassadors employed by Stansted Airport have accepted a 10% minimum pay rise via a ballot.The improved pay offer agreement consists of an 8% increase backdated to 1 April 2022, and 2% from 1 October 2022, ending the threat of strike ...
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ArticleCardiff University awards staff £500 cost-of-living payment
Cardiff University has given parts its workforce a one-off £500 payment to be included in the November payroll, to help cope with the cost-of-living crisis.The executive board and council of the university, which employs 7,000 people, approved the payment earlier this week, and it was announced during a webinar.It will ...
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ArticleHealthcare benefit cost growth projected to rise to 10% in 2023
Research has revealed that the growth in healthcare benefit costs rose from 8.2% in 2021 to 8.8% in 2022, with a projected rise to a global average of 10% in 2023, the highest level in nearly 15 years.According to The 2023 Global medical trends survey of global medical insurers, conducted ...
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ArticleThe top 10 most-read articles between 7 - 13 October 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 7 and 13 October 2022 were: Natwest Group launches digital wellbeing platform for staffDiageo introduces support app to mark World Mental Health DayVirgin Media O2 launches £1,400 cost-of-living payment and improved leave policiesEXCLUSIVE: Sipsmith introduces financial wellbeing supportEXCLUSIVE: Ollie Ollerton says changing ...
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ArticleDarlington Building Society expands benefits and gives staff one-off payment
Darlington Building Society has awarded its 190 employees with a one-off £1,000 payment and expanded its benefits package.A £500 payment was given to the workforce this month in order to support them with cost of living challenges, with another £500 to be awarded in December.To mark World Mental Health Day ...
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ArticleEmployee Benefits Live 2022 speaker slides
Where speakers have given approval, we have uploaded the speaker slides for the keynote and conference sessions at Employee Benefits Live 2022, which took place on 5-6 October 2022 at ExCeL London.Thank you very much to all of the speakers for sharing their ideas, experiences and insights.Keynote speakersK1: Diversity, equality ...
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ArticlePret a Manger increases pay for second time in 2022
Pret a Manger has implemented a 5% pay increase from 1 December, for all UK employees across shops and its support centre, to support them during the rising cost of living.The coffee and food retail chain said that the pay increase will be awarded to shop employees irrespective of age, ...
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ArticleAsda ends premium pay trial for grocery delivery drivers
Supermarket chain Asda has announced that, as of on 21 October, it will end the £1.50-an-hour pay premium introduced in the summer to help attract and retain grocery delivery drivers.More than 1,500 drivers who deliver from certain London stores, including Charlton, Wembley and Colindale, as well as outlets in Bristol ...
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ArticleGovernment raises gender pay gap reporting threshold
The government has changed the threshold for gender pay gap reporting from 250 to 500 employees In a move to reduce red tape for medium-sized organisations in the UK.Prime minister Liz Truss said the change, effective from 3 October, would boost productivity and growth, by reducing burdensome administration and paperwork ...
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Article59% disagree with regulation to reduce strike action
Employee Benefits poll: More than half (59%) of respondents disagreed with the government's move to curtail strike disruption, through regulation that unions have to bring all pay proposals to a vote.In comparison, 41% of respondents to an online survey conducted by Employee Benefits said that they did agree with the ...
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ArticleUniversity of the Arts London updates parental pay and leave
University of the Arts London (UAL) has updated its parental pay and leave provision to provide equality regardless of gender, sexual orientation or how staff become parents.Salaried employees and hourly paid lecturers are now entitled to 26 weeks of full maternity and paternity pay, with the continuous service requirement reduced ...
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ArticleVirgin Media O2 launches £1,400 cost-of-living payment and improved leave policies
Virgin Media O2 has introduced a support payment for employees, alongside flexible leave policies, as part of its ambition to become more inclusive and equitable.The business, which employs around 18,000 people in the UK, has awarded employees who earn £35,000 and under a £1,400 support allowance to assist them with ...
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ArticleThe top 10 most-read articles between 30 September - 6 October 2022
The top 10 most-read articles on www.employeebenefits.co.uk between 30 September and 6 October 2022 were: EXCLUSIVE: Warner Bros Discovery urges employers to create a sense of belonging to retain staffTribunal awards £36,000 to woman denied flexible workingLyneal Group establishes employee ownership trustCurrys gives staff second pay rise for 2022Deloitte expands ...
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OpinionConfessions of a benefits manager: Candid integrates a new location
As part of the Higher Being’s strategy for world domination, we have bought out an organisation in east Germany. We have several locations in Germany already, but apparently this firm brings a unique blend of synergies to our niche technology. That is what we always say about random acquisitions, so ...
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ArticleDeloitte expands family policies and launches flexible pensions
Deloitte has made improvements to its family policies and will offer its 22,000 UK employees greater choice in how they receive the value of its pension contribution.The length of its enhanced maternity and adoption pay has increased from 16 weeks of full pay and 10 weeks of half pay, to ...
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OpinionMartin Williams: Conservative plans would render strike action ineffective
Earlier this year, former Transport Secretary Grant Shapps expressed shock at how workers were treated by P and O Ferries, when the firm sacked hundreds of staff members without notice. The government had promised to introduce an employment bill to protect workers. Change was needed to prevent other mass sackings, ...
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ArticleSaga awards lowest-paid staff £1,000 cost of living payment
Saga, a provider of products and services for people aged 50 and over, has given its lowest-paid employees a £500 cost of living payment in their latest pay packet.The business, which employs more than 2,500 people, informed its workforce of this decision in an internal memo. It also outlined plans ...
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ArticleSkanska UK to give 1,300 employees one-off £750 payment
Skanska UK has invested almost £1 million to provide a one-off cost-of-living support payment to 1,300 of its 3,300 members of staff.The 1,300 lowest paid Skanska UK employees will be given a one-off bonus payment of £750 in November 2022, in order to help them address the challenges of rising ...
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ArticleAmazon invests $1 billion in increased US wages
Retail business Amazon has committed to invest almost $1 billion (£895.4 million) into raising its hourly paid US employees’ wages, and expanding its wage access programme, as of October.The average hourly pay for front-line staff in customer fulfilment and transportation will increase from $18 (£16) per hour to more than ...
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ArticleDee Set Group introduces flexible pay and financial wellbeing support
Retail solutions firm Dee Set Group has introduced financial wellbeing support for its more than 3,000 employees in the form of an earned wage access platform and financial coaching as of this week.Provided by Wagestream, the system allows employees to draw up to 50% of their salary out at any ...