All Pay strategy articles – Page 85
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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, ...
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ArticleLidl Germany commits to pay staff €14 minimum wage
Image credit: Manuel Esteban / Shutterstock.comLidl Germany has committed to pay its employees a minimum entry-level wage of at least €14 (£11.93) gross per hour from 1 June.This will be an increase from the current Lidl minimum entry wage of €12.50 (£10.65) per hour, and will also exceed the ...
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ArticleTallymoney pilots paying staff in gold
Image credit: Ascannio / Shutterstock.comFinancial services firm Tallymoney has offered its 20-plus members of staff the chance to get paid in gold rather than pounds and pence, in order to help them stay ahead of inflation.Cameron Parry, chief executive officer at Tallymoney, has himself signed up to the scheme. Parry ...
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ArticleThe top 10 most-read articles between 6 May – 12 May 2022
The top 10 most-read stories on employeebenefits.co.uk between 6 May and 12 May 2022 were: KPMG awards staff minimum of £2,000 pay riseLinklaters launches global menopause policyRoyal Bank of Canada increases base pay by 3% for lower-paid staff41% of employers think mental health is their biggest challengeCentrica and BNP Paribas ...
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ArticleDeliveroo signs employee rights deal with GMB
Deliveroo has signed a recognition deal with trade union GMB, which covers the rights of more than 90,000 self-employed riders, including factors such as pay and wellbeing.The voluntary partnership agreement recognises that Deliveroo riders are self-employed, following a series of UK court judgments to this effect.GMB will be able to ...
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ArticleBBC awards staff 5.2% pay rise for 2022
The BBC has promised a 4.2% pay increase for its staff, followed by a further rise of 1% from August, bringing the total increase for 2022 to 5.2%.While this is 3% more than the annual pay increase provided by the broadcaster in 2021, it has acknowledged that this is still ...
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ArticleRoyal Bank of Canada increases base pay by 3% for lower-paid staff
Royal Bank of Canada (RBC) is to raise its base pay by 3% for lower-paid employees as part of a $200 million (£124.6 million) spending package.The increase, which will take effect on 1 July, applies to all employees in entry-level and less senior positions at branches, call centres and other ...
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ArticleTyler Grange signs up to four-day week pilot
Landscape planning, ecology and arboriculture consultancy Tyler Grange has signed up to the four-day week pilot programme beginning in June.The initiative, in association with 4-Day Week Global, UK think tank Autonomy and researchers at Cambridge University, Boston College and Oxford University, will initially run for six months. Tyler Grange’s employees ...
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ArticleThird of FTSE 100 employers have widened gender pay gap since 2017
The median pay gap across FTSE 100 employers has decreased by just 1% since reporting legislation was introduced in 2017, with 30% of these businesses actually increasing their pay gap over that time, according to analysis of gender pay gap reporting by HR DataHubIts review of government files and FTSE ...