All Pay strategy articles – Page 93
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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 ...
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ArticlePimlico Plumbers loses holiday pay appeal
A heating engineer who claimed he was owed holiday pay by Pimlico Plumbers after the Supreme Court ruled that he was a worker and not self-employed, has successfully appealed against a ruling made by the Employment Appeal Tribunal last year that his claim was out of time.Legal experts are warning ...
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ArticleThree UK gives pay rise to retail staff
Phone network provider Three UK has announced pay increases of up to 12.6% for its retail staff.The firm, which has about 2,500 store workers, said it had boosted their minimum hourly rates to £10.13 nationwide and £11.40 in London from 1 January this year.Applicable to all staff regardless of their ...
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ArticleHigher pay rises could lead to £142k gender pensions gap
Higher pay rises for men than women could result in a gender pensions gap of £142,603, according to new findings.Research commissioned by investment solutions firm Fidelity International revealed that men typically receive £733 more than women when their salary is increased.Fidelity's modelling showed that a 25-year-old man on an average ...
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Article19% pay rise for 200 Carntyne Transport staff
Workers employed by Glasgow-based logistics firm Carntyne Transport have won a 19% pay rise.Around 200 cask handlers and drivers of heavy goods vehicles (HGV), forklifts and shunters will receive the basic hourly pay increase from £12.60 to £15 following negotiations by the Unite Scotland trade union.There will also be a ...
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ArticleCo-op shop floor staff progress equal pay claims
Co-op has agreed that its shop floor workers can compare their roles to that of their colleagues in distribution centres for the purposes of assessing equal pay claims.More than 1,600 people represented by law firm Leigh Day have brought equal pay claims against the supermarket, arguing that their work is ...
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ArticleUniversity staff plan strikes over pensions and pay
More than 50,000 university employees are to take part in further strike action over pensions, pay and working conditions next month, according to a trade union.The University and College Union (UCU) said that unless an agreement could be reached in forthcoming talks, staff at 44 further education institutions would take ...
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Article49% of employers report little gender pay gap progress
Almost half of employers made little or no progress with their gender pay gap in 2020, with just 1% significantly reducing it, according to research.Investment adviser Mercer’s UK gender and ethnicity pay gap trends report found that 49% of organisations surveyed had not reduced the difference in average pay for ...
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ArticleDeloitte introduces flexible public holidays
Financial services firm Deloitte has announced that its 22,000 UK staff can now choose to defer public holiday leave to other days.As part of a drive to improve diversity and inclusion, all employees can now opt to work on national holidays such as Christmas Day or Good Friday and select ...