All Pay strategy articles – Page 87
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ArticleLaw Society Group reports higher gender pay gap than 2019
The Law Society Group has reported a median gender pay gap for 2021 of 11.3%.While this is down marginally from the prior year, and remains lower than the Office for National Statistics’ UK median pay gap, it is up from 8.3% in 2019.The group's figures combine data from professional body ...
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OpinionHarriet Calver: Is the four-day week worthwhile for employers?
A four-day work week is not a new phenomenon. Many employees in the UK already have this pattern, typically agreed on a case-by-case basis between employee and employer following a flexible working request. It tends to be accompanied by a corresponding reduction in pay, except in the case of compressed ...
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ArticleAverage salary up £1,464 since last January
Average salary has soared by almost £1,500 in the last year, official data has revealed.Figures published by the Office for National Statistics (ONS) today included an estimate that median monthly pay across the UK was £2,050 in January 2022.This is up 6.3% from the same month last year, an increase ...
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ArticleBMW Mini plant staff receive pay rise
Around 3,500 workers at the BMW Mini vehicle plant in Oxford will get an immediate 5.5% increase in basic pay following negotiations between the employer and trade union members.The multi-year deal will see the initial rise backdated to 1 January 2022 and include lump sum payments totalling £1,500 throughout this ...
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ArticleStaff in unions earn 5% more than others
Unionised employees are paid on average 5% more than other workers, research has revealed.Analysis published by the Trades Union Congress (TUC) highlighted that union members could earn in excess of £60,000 more than non-union employees over their working lives. Based on average pay, the typical union pay premium is to ...
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ArticleMaking Space rewards staff with pay rise
Adult health and social care services charity Making Space has given its more than 1,000 members of staff a pay increase to a minimum of £9.90 per hour from April 2022.The rise, which will see full-time support workers earn an additional £1,700 each year, ensures that all employees will receive ...
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ArticleTayto Group gives staff pay rise
Snack manufacturer Tayto Group has awarded its 450 members of staff a pay rise to help them and their families keep up with the cost of living.Trade union GMB said the pay increase will be awarded to staff immediately and is "in line with" the current inflation rate.The Office for ...
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ArticleLiving wage would help mental health of 63% of low paid staff
More than six in 10 low-paid workers believe receiving the real living wage would improve their mental health, research has revealed.The poll of 1,702 adults in full-time employment but earning less than the real living wage, carried out by the Living Wage Foundation and market research agency Survation, also found ...
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ArticleMusculoskeletal claims most costly for employers
Musculoskeletal (MSK) conditions are the most costly cause of insurance claims for employers worldwide, according to research.International provider Maxis Global Benefits Network's (Maxis GBN) new report is based on several years of comprehensive medical claims data from local insurance companies in more than 25 markets around the world. It explored ...
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ArticleRetail sector reports gender pay gap decrease
The retail sector closed its gender pay gap last year, according to research.A report by Diversity in Retail (DIR) and accountancy firm PricewaterhouseCoopers (PWC) found a fall in the sector's mean pay gap from 13.1% in 2018/19 to 11.8% in 2020/21. Mandatory reporting was suspended in 2019/20 due to the ...
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OpinionBecky Lawton: Will new staff family rights come into force in 2022?
The government has committed to introducing several new family rights following a number of consultations over the last couple of years.The introduction of neonatal leave and pay will create a new statutory entitlement for employees whose babies spend an extended period of time in neonatal care. The intention is to ...
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ArticleMonzo launches three-month paid sabbatical leave
British bank Monzo has introduced extended, paid sabbatical leave for its 2,100 employees.The online bank, which already offers a one-month unpaid sabbatical per year, has boosted this to allow staff who have been in their roles for four years to take a three months of paid leave either in one ...
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ArticleSpencer Clarke Group launches workplace wellness drive
Recruitment agency Spencer Clarke Group has announced a range of initiatives to improve the mental, physical and emotional wellbeing of its 20 employees.The Wellness in the Workplace policy includes a monthly £50 wellness benefit, which can be put towards healthy perks such as gym memberships, private dental care, massages, physiotherapy ...
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ArticleTalbots Law becomes living wage employer
Talbots Law has become an accredited living wage employer, committing to pay its staff in line with rates set by the Living Wage Foundation.The law firm, which became an employed owned trust last year and employs 324 people across seven offices in the west Midlands, joins around 9,000 UK businesses ...
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ArticleFCA staff vote to strike over proposed pay changes
Workers employed by the Financial Conduct Authority (FCA) have voted in favour of taking industrial action against proposed changes to pay and conditions.Trade union Unite said a vote was held from 24 to 31 January, with 87% of members in support of striking if their demands are not met by ...
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ArticleConfessions of a benefits manager: Candid joins in 'the great resignation'
All around me, my colleagues are resigning. It seems like quitting is in fashion this spring.To make matters worse, many of our HR business partners and talent managers have also left or are in the process of leaving, so we just can’t get people in the door fast enough to ...
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ArticleThe top 10 most-read articles between 28 January – 3 February 2022
The top 10 most-read stories on employeebenefits.co.uk between 28 January and 3 February 2022 were: University staff plan strikes over pensions and payDeloitte introduces flexible public holidays Pimlico Plumbers loses holiday pay appeal 347,000 more staff used an EAP in 2021What support can employers offer for staff going through gender ...
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ArticleLandbay launches miscarriage leave policy
Buy-to-let lender Landbay has introduced a miscarriage leave policy.The mortgage provider, which employs 125 people, said it took staff wellbeing "very seriously" and believed it was the first firm to allow women to take up to six weeks of fully paid leave if they lose a baby during pregnancy.Length of ...
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ArticleUK banks pay men 34% more per hour than women
Men are paid on average 34% more per hour than women across the UK banking sector, research has revealed.Loan provider Tic Finance used the most recent gender pay gap reports published on the official government website by 49 UK banks and building societies to analyse the extent of the gender ...
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ArticleHalf of 2022 pay awards worth at least 3%
Employee pay rises have typically been worth about 3% in 2022, up from a median of 2% last year, according to fresh data.Incomes Data Research (IDR) analysed 57 pay deals already agreed for 2022 and found that around half of reviews had concluded to give employees an increase of 3 ...