All Pay strategy articles – Page 79
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Article73% of SMEs face higher staff expectations around pay and benefits
Almost three-quarters (73%) of small to medium enterprises (SMEs) have experienced increased demand regarding pay and benefits, while 30% have been approached by staff with concerns as to whether their pay will fit with rising living costs, according to research from WorkLife by OpenMoney.WorkLife's Small Business Monitor report was carried ...
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ArticleLiving Wage Foundation brings rate update forward as cost of living rises
The Living Wage Foundation, which calculates and publishes an annual real living wage, as well as providing accreditation to those employers that commit to pay it, has revealed it will pull its 2022-23 rate announcement forward to September.The living wage rate update is usually announced in November as part of ...
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ArticleFinTrU awards staff a £2,000 pay rise
Financial organisation FinTrU awarded the majority of its approximately 750 employees a pay increase to combat the current of the cost-of-living crisis.Effective from 1 July, employees will receive an additional £2,000 or €2,000 depending on their assigned location, or an additional 5% increase to their base salary, whichever is the ...
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OpinionLovewell's logic: How far should employers support staff with the rising cost of living?
The rising cost of living has dominated headlines over the past few months, with many households now facing increasingly bleak and difficult circumstances. According to the Office for National Statistics (ONS), 87% of UK adults reported a rise in their cost of living in April 2022. As a result, many ...
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ArticleRoyal Household to recruit castle-based housekeeping assistant
Something for the weekend: If you’re planning on spending the Queen’s Platinum Jubilee bank holidays next week looking for a new role, or if you've ever fancied the chance at managing a royal household, then you're in luck, as the Royal Household is on the hunt for a housekeeping assistant ...
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ArticleThe top 10 most-read articles between 20 May – 26 May 2022
The top 10 most-read stories on employeebenefits.co.uk between 20 May and 26 May 2022 were: Natwest, PepsiCo and Tesco make Times Top 50 Employers for Women 2022Ocado Group and Nationwide shortlisted for Best motivation or recognition schemeSt Ermin’s Hotel becomes accredited living wage employerScania UK revamps its family friendly benefitsArriva ...
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ArticleDHL drivers delivering for JCB secure 9.5% pay rise
DHL delivery drivers working for construction equipment manufacturer JCB have called off a strike after accepting a 9.5% pay rise.The drivers, who deliver JCB parts between UK factories, had planned to take part in industrial action on Monday and Tuesday this week. However, after DHL offered a 9.5% pay increase, ...
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ArticleArriva drivers accept revised and backdated 3% pay offer
More than 1,000 London bus drivers employed by Arriva have accepted a revised and backdated pay offer of 3%, following three days of industrial action.An initial 48-hour strike was held in April over the dispute, as the workers based at garages in Brixton, Croydon, Norwood and Thornton Heath who operate ...
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ArticleMarine Management Organisation reports 9.8% mean gender pay gap
The Marine Management Organisation (MMO) has revealed that its mean gender pay gap has widened in favour of men, from 8.3% in 2020 to 9.8% in 2021.Its median gender pay gap also widened in favour of men, from 4.7% in 2020 to 8.2% a year later. For comparison, the most ...
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OpinionAvril England: What comes next for staff in the event of a takeover?
Following the confirmation that sale terms have been agreed, all the staff will automatically transfer to the buyer under the provisions of the Transfers of Undertakings (Protection of Employment) Regulations 2006 (Tupe).Tupe implements European laws designed to protect employees whose contracts of employment are in effect transferred to a ...
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ArticlePay gap between executives and staff narrowed during Covid-19
The gap between executive pay and the earnings of average members of staff narrowed slightly during the Covid-19 (Coronavirus) crisis, according to the High Pay Centre.The think tank’s analysis of FTSE 350 employers found that between 2020 and 2021, the average chief executive officer (CEO) earned £44 for every £1 ...
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ArticleBank of America ups minimum hourly wage to $22
Bank of America has announced that it is raising its US minimum hourly wage to $22 (£17) as of the end of June, seeing an annualised salary for full-time employees increase to more than $45,000 (£36,007.20).According to the bank, this builds on its history of being a national leader in ...
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ArticleSt Ermin’s Hotel becomes accredited living wage employer
St Ermin’s Hotel based in Westminster, London has received accreditation from the Living Wage Foundation.The hotel is part of the Autograph Collection and a subsidiary of Marriott Bonvoy, and the commitment will ensure that all 140 members of staff receive at least the London minimum hourly wage of £11.05. This ...
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ArticleNational living wage rose 26% between 2015 and 2019
The national living wage (NLW) rose by 26% between April 2015 and April 2019, more than twice the 12% increase in median hourly pay for NLW eligible workers, and faster than inflation (8%), according to the government’s Low Pay Commission (LPC).The LPC reviewed the NLW until April 2020, at which ...
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ArticleDisability pension gap puts pots at 36% of UK average
New data has highlighted that people with disabilities have a private pension pot of just 36% of the UK average.The research, commissioned by pension provider Now: Pensions and carried out by the Pensions Policy Institute, revealed that people with a disability who are approaching retirement age have a £47,980 average ...
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ArticleThe top 10 most-read articles between 13 May – 19 May 2022
The top 10 most-read stories on employeebenefits.co.uk between 13 May and 19 May 2022 were: Goldman Sachs increases holiday entitlement for all staffTesco releases workplace menopause guideTribunal rules fair dismissal for employee with Covid concernsThe changing face of flexible benefitsAverage total pay grows by 7% in early 2022Evona and Man ...
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ArticleUS Soccer Federation to pay male and female teams equally
The US Soccer Federation has committed to pay its men's and women's teams equally, after securing separate collective bargaining agreements (CBA) through to December 2028 with the unions for both national teams.As originally reported on 'CBS Evening News', male players have been operating under the terms of a CBA that ...
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ArticleMamas and Papas enhances family friendly policies
Nursery retailer Mamas and Papas is to enhance maternity, adoption, paternity and shared parental leave policies to better support its approximately 800-strong workforce.The Huddersfield headquartered firm has committed to offering all new parents 26 weeks of enhanced maternity pay, with the first 13 weeks at full pay and the second ...
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ArticleAverage total pay grows by 7% in early 2022
Employees saw a 7% average total pay growth, including bonuses, and a 4.2% rise in regular pay, excluding bonuses, from January to March 2022, according to the Office for National Statistics (ONS).In real terms that have been adjusted for inflation, there was a 1.4% growth in total pay, while regular ...
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ArticleCamden Council reports 0.9% mean gender pay gap in favour of women
Camden Council has published its gender pay gap report for 2020/2021, during which time its mean gender pay gap, which fell in favour of female employees, narrowed from 4.6% to 0.9%.The council's median gender pay gap, which also found women to be paid more, increased slightly from 0.6% to 1.5%.Overall, ...