All Pay strategy articles – Page 86
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ArticleCEOs earned 86 times median wage in 2020
The median-earning FTSE 100 chief executive was paid £2.69 million in 2020, 86 times the median wage of a full-time worker in the UK, according to analysis by the High Pay Centre.The highest paid was AstraZeneca CEO Pascal Soriot, who earned £14.45 million for his part in successfully delivering a ...
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ArticleHighland Home Care staff awarded £1,000 in bonuses
Social care provider Highland Home Carers (HHC) is rewarding its staff with a profit share payment and share allocation bonuses of up to £1,000.The financial boost from the Inverness-based company - which is the largest employee-owned organisation in Scotland - follows HHC's decision in March to pay all of its ...
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ArticlePay awards stabilise at 2%
Pay awards have stabilised at a ‘welcome’ 2% after a year of uncertainty, according to analysis by XpertHR.The median basic pay award between May and July 2021 was at this level, unchanged on the figure seen in each of the three previous rolling quarters.XpertHR said the stabilisation was welcome, particularly ...
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Case StudiesBarratt offers staff financial stability with living wage commitment
British housebuilder business Barratt Developments is a member of the FTSE 100 index and currently has around 6,700 employees.In December 2018, former group HR director Rob Tansey met with investment charity ShareAction to become a voluntary real living wage employer. At the meeting, the ShareAction team agreed that the employer ...
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AnalysisWhat are the challenges and benefits of introducing the living wage?
Employers can use paying the living wage as a recruitment or retention tool to make them an attractive organisation.For those employees who are paid the living wage, it can mean the difference between being able to afford the things they need for a decent standard of living or not.As the ...
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OpinionGraham Griffiths: The benefits of paying the living wage
Now 18 months on since the start of the Covid-19 (Coronavirus) pandemic, it is clear that the world of work has changed remarkably and irreversibly. With almost two-fifths of the working population working from home, which is up almost 10% from pre-pandemic levels, many of us now have a very ...
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ArticleKier motorway workers in sick-pay protest
Motorway workers employed by construction and infrastructure firm, Kier, will today hold a protest rally at its Bedfordshire headquarters to raise awareness about non-standard levels of sick pay being offered within the organisation.The on-the-ground field-based staff, who provide a 24/7 service to ensure the roads of Hampshire, Surrey, Oxfordshire, Wiltshire ...
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ArticleHMRC exposes worst minimum wage excuses
HM Revenues and Customs (HMRC) has published details of the most outrageous excuses it has heard from firms for not paying their staff the minimum wage.Excuses heard from employers it investigated ranged from the sublime to the ridiculous. One employer said: “She doesn’t deserve the national minimum wage because she ...
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ArticlePret a Manger in bonus U-turn
Coffee and sandwich chain Pret a Manger has decided to reverse a previous cut to its popular mystery shopper bonus.In April, staff were told the company's famous £1 per hour pay increase, awarded to staff on the back of a positive mystery shopper experience, would temporarily reduce to 50p per ...
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ArticlePoll: 61% of organisations have published an ethnicity pay gap report
Employee Benefits poll: Just over six in 10 organisations have ever published an ethnicity pay gap report, according to the latest Employee Benefits research.Ethnicity pay gap reports show the difference between the average, mean and median earnings of businesses’ Bame (Black, Asian and minority ethnic) employees and non-Bame members of ...
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Article68% of employers consider pay cuts for home workers
A new survey by HR software provider CIPHR has found that more than two-thirds (68%) of employers are now debating whether to implement pay cuts for home workers.According to the research, even though around half (53%) of organisations have actually saved money by not having employees attend the workplace, there ...
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ArticleXPO Logistics Drinks staff vote to strike over pay
XPO Logistics Drinks staff are set to go on strike after they were offered a 1.4% pay rise for 2021, which is below the current retail prices index RPI inflation rate of 3.9%.Last month (July), employees were asked by trade union Unite to vote on taking industrial action against the ...
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Article81% of employers are planning a pay review
More than four-fifths (81%) of employers are planning a pay review in the 12 months to June 2022, according to the latest Labour market outlook from the Chartered Institute of Personnel Development (CIPD).The HR body’s quarterly survey of more than 2,000 employers found that among these employers, 33% expect a ...
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ArticleWomen lose 9.3 work days a year due to PMS
The stigma surrounding days off due to premenstrual syndrome (PMS) causes women to lose an average of 9.3 days a year as a result of related symptoms, according to new data.Personalised period care organisation Yoppie conducted a nationwide obstetrics and gynaecology study into productivity loss due to menstrual-related symptoms, which ...
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ArticleThe top 10 most-read articles between 6 August - 12 August 2021
The top 10 most-read stories on employeebenefits.co.uk between 6 August – 12 August 2021 were: Amey and Mace launch staff menopause appBack to bad habits in the workplaceGreat Western Railway boosts drivers' starting salariesTop companies shamed for minimum wage failingsEmployment tribunals citing menopause quadruples41% of employers list pensions as a ...
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ArticleReboot Digital PR trials four-day working week
Digital marketing agency Reboot Digital PR has offered all of its employees the chance to work a four-day week as part of a trial that began last week.According to Reboot, its aim with this initiative is to improve performance, productivity, work-life balance and overall employee welfare. Members of staff’s working ...
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ArticleOne in four employers have not given paid time off for vaccines
New research has found that a quarter of British employers have not been giving their staff paid time off for Covid-19 (Coronavirus) vaccinations and have no plans to allow it.The Advisory, Conciliation and Arbitration Service (Acas) commissioned YouGov to ask businesses in Britain about whether they would be allowing staff ...
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OpinionDavid Sheppard: How would a single employment status change workplaces?
The Deputy Labour Leader Angela Rayner MP recently announced various significant reforms to employment law rights if Labour were to win power. The most eye-catching was the abolition of the distinction between employee and worker status, and the creation of a single worker status covering all individuals engaged by employers. ...
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ArticleGreat Western Railway boosts drivers' starting salaries
Great Western Railway (GWR), the British train operating company owned by First Group, has announced it will pay drivers based at its Exeter, Devon depot an increased starting salary.Successful candidates will receive £54,111 for the first 12 months of their employment, which will rise to £60,124 thereafter. The starting salary, ...
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ArticleTop companies shamed for minimum wage failings
John Lewis, The Body Shop International, Enterprise Rent-a-Car UK and Pret A Manger are some of the 191 companies named and shamed by the government this week for failing to pay their workers the national minimum wage (NMW).An investigation by HM Revenues and Customs (HMRC) found that a total of ...