All Pay strategy articles – Page 79
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ArticleBaker McKenzie enhances family friendly initiatives
Global law firm Baker McKenzie has updated its family friendly policy provisions in order to recognise some of the challenges faced by working parents and carers in current society.The organisation will now offer enhanced paternity pay and leave with immediate effect, which will be extended from two to 12 weeks ...
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ArticleWhat’s in a name: could it determine pay?
Something for the weekend: Once we’re given a name at birth it usually stays with us for the rest of our lives, but have you ever wondered what impact yours has, whether it influences personalities, career choices, or even how much money you are likely to earn? Research from online ...
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ArticleThe top 10 most-read articles between 12 November – 18 November 2021
The top 10 most-read stories on employeebenefits.co.uk between 12 November – 18 November 2021 were: Centrica introduces electric car salary sacrifice schemeLidl gives pay rise to 21,000 employeesUniversity of Lincoln wins Grand Prix at Employee Benefits Awards 2021 What are employees looking for in the employee experience of the future?Train ...
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ArticleKavitha’s keynote: Celebrating excellence at the Employee Benefits Awards
Last Friday (12 November), hundreds of industry professionals came together to celebrate the achievements of reward, benefits and HR teams across the country at the Employee Benefits Awards 2021.I was honoured to open the event, held at Old Billingsgate London, which was our first live awards ceremony since June 2019. ...
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ArticleTrentbarton gives 1,000 employees wage rise
Nottinghamshire bus company Trentbarton has announced that it will be giving its 1,000 members of staff an extra pay rise on top of their annual raise.The additional wage increase will take effect from the end of January 2022 and will result in most drivers receiving an hourly rate of between ...
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Article25% of UK workplaces are transparent about pay
Just one in four full-time UK employees strongly agree that their workplace is transparent about pay, according to new research.Glassdoor, which provides insights into jobs and companies, surveyed 2,042 UK employees and has published its findings today on Equal Pay Day (18 November). This is the day on which women ...
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ArticleLidl gives pay rise to 21,000 employees
Supermarket chain Lidl has announced pay rises from March 2022, which will benefit more than 21,000 staff and 80% of its workforce.Equating to a wage increase of more than 6% for some, minimum pay for employees across the UK is set to go up to £10.10 an hour from £9.50, ...
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ArticleUniversity staff to strike in pensions and pay dispute
Lecturers at as many as 58 UK universities will take part in strike action on 1-3 December in a row over pensions, pay and working conditions.According to the University and College Union (UCU), some staff are striking because of the Universities Superannuation Scheme pension fund, which was put into place ...
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ArticleABL Alliance staff to protest over pay row
Workers at a nuclear naval base in Scotland have announced that they will take industrial action against their employer due to a dispute over pay.The staff are employed by the ABL Alliance, which is a co-operation between AWE, Babcock Marine and Lockheed Martin UK Strategic Systems, provides engineering, maintenance and ...
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ArticlePandemic influenced gender pay gap reporting and results
The gender pay gap narrowed very slightly among companies that reported for 2020/21, with those reporting in the latter half of this year influencing overall trends.Consulting firm PricewaterhouseCoopers (PWC)’s review of figures submitted this year – when the deadline was extended to 5 October – showed that there was a ...
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ArticlePoll: 57% of employers agree with NMW rise
Employee Benefits poll: Almost six in 10 (57%) organisations agree with the new national minimum wage (NMW) rate that was announced in the Autumn Budget last month (October).According to Employee Benefits’ latest research, 29% believed that the increase should have been more and 9% think it should have been less ...
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ArticleEXCLUSIVE: 39% of employers say men wait to discuss health
Two-fifths (39%) of employers admitted that their male employees wait until a health problem becomes severe before talking to their line manager or HR department.Digital health platform Peppy spoke to 504 HR decision makers and discovered that 37% said that one of the main issues when trying to manage men’s ...
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Article17% of UK jobs paid below living wage
New data has revealed that one in six UK workers earn less than the real living wage, which equates to 17% of all jobs and a total of 4.8 million employees.The Living Wage Foundation which has today (15 November) increased its rates to £9.90 an hour across the UK and ...
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Article50% of staff would give up more salary for benefits
New data has revealed that one in two workers admitted that they would sacrifice more of their basic salary to get a personalised employee benefits package.Research from MetLife’s Re:me report found 65% rank higher pay as the most important part of a role, followed by job security (62%), and two ...
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ArticleConfessions of a benefits manager: Candid attends a trustee meeting
If there is one thing guaranteed to put me on a downer, it is going to the quarterly trustee meeting. I was flattered when Big Bad Boss first sent me in his place. The consultants we use for our defined benefit (DB) plan hold the trustee meetings at the Shard, ...
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ArticleCaledonian Sleeper staff to strike over pay row
Caledonian Sleeper train service employees will take part in strike action this week following an ongoing pay and conditions dispute with operator Serco.Rail union the RMT confirmed that the strike will begin on 11 November (Thursday) at 11:59pm and will last until 11:58pm on 13 November (Saturday).According to the union, ...
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OpinionTim Tyndall: FCA employees facing pay and benefits changes
Following a flurry of interest in the proposed changes to pay and benefits at the Financial Conduct Authority (FCA), most notably from unions keen to look after members and to attract new ones, the FCA chose to publish its consultation document aimed at its employees to a wider audience.In opening, ...
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ArticleDisability pay gap narrows to 16.5%
The UK’s disability pay gap has narrowed slightly, but mandatory disability pay gap reporting is needed to drive further progress, according to the Trades Union Congress (TUC).The trade union body’s analysis of Labour force survey statistics found that non-disabled workers earn 16.5% more per hour than those that meet the ...
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ArticleTougher deterrents needed to stop minimum wage breaches
The government’s policy of ‘naming and shaming’ organisations that break minimum wage rules is an effective deterrent against non-compliance, but tougher financial penalties are needed to further minimise incentives for underpayment.This is according to the Resolution Foundation think-tank, which found that smaller firms are more likely to lose out because ...