All Pay strategy articles – Page 95
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ArticleWise launches new leave policies for staff
Global technology company Wise has announced new leave policies for all of its 3,000 employees across the world as of January 2022.According to the business, it has decided to apply its minimum holiday, parental leave and general leave policies in order to create a fairer global standard, where members of ...
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ArticleFour-day week pilot introduced in UK
A six-month pilot programme of a reduced-hour work model has been launched in the UK by 4 Day Week Global in partnership with think tank Autonomy and the 4 Day Week UK Campaign.Researchers at Cambridge University, Boston College and Oxford University also worked on introducing the model, which runs in ...
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ArticleLinklaters reports narrowed gender pay gap
Law firm Linklaters has revealed narrowed gender and ethnicity pay gaps in its 2021 UK gender pay report, which was published this week.The mean gender pay gap for employees, including equity partners, was 61.9% in 2021, which was down from 62.9% in 2020. The mean pay gap, which excludes equity ...
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ArticleThe Landmark London introduces a four-day week
Five star hotel The Landmark London has launched a scheme to allow its chefs to work a four-day week with increased pay as part of a continued commitment to invest in team wellbeing.According to the business, the change was devised by executive head chef Gary Klaner in order to deliver ...
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Article61% of UK staff are unhappy with their salary
Three out of five (61%) UK professionals are unhappy with their current salary, according to a new survey.Independent job board CV-Library surveyed 1,500 professionals and revealed that lawyers, teachers and new graduates were the most disappointed with their current pay packets. Despite many being unhappy, more than half (55%) stated ...
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ArticleTUC warns reduced isolation will not fix sick pay issue
The Trades Union Congress (TUC) has warned that the new government policy of reducing minimum self-isolation from seven days to five will not fix the UK’s fundamental sick pay problem.The union body has published a new analysis based on new Office for National Statistics data which estimates that 2.7% of ...
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Article2022 pay rise budgets soar
UK employers increased the amount of money they put aside for staff pay rises over the second half of last year, it has emerged.Research by global advisory, broking, and solutions company Willis Towers Watson (WTW) found that average 2022 pay hike budgets grew from 2.9% in July 2021 to 3.2% ...
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ArticleThe top 10 most-read articles between 7 January – 13 January 2022
The top 10 most-read stories on employeebenefits.co.uk between 7 January and 13 January 2022 were: UK Swissport staff receive above-inflation pay riseA changing pension landscape: what can employers expect in 2022?Benefex acquires engagement platform WrkitSainsbury's increases shop staff pay to £10 an hourB&M awards bonus to 24,000 staff75% of white ...
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ArticleHow to scrum down for salary success regardless of education
Something for the weekend: Maybe you spent your student years watching daytime soaps, scouring town centres for cheap booze and generally doing anything other than studying; or perhaps you were rather more productive at that age grafting away on an apprenticeship or learning the ropes of your first job. Either ...
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ArticleQuantilope gives staff unlimited paid leave
Software company Quantilope has allowed all its employees worldwide to take unlimited paid leave.The business, which was founded in Germany in 2014 and currently employs more than 200 members of staff across its home country, the UK, the US and Lithuania, said all full and part-time staff could take as ...
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Case StudiesHighland Home Carers motivates staff with shares and bonus schemes
Operating across the Scottish highland region since 1994, Highland Home Carers (HHC) supports people living in their own homes with highly complex health and social care needs. It has a roster of more than 400 employees and has been an employee-owned organisation since 2004, rewarding staff with shares for working ...
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Article71% of UK professionals would seek more flexible job
Seven in 10 UK professionals would consider leaving their organisation to secure flexible working options that suited them, research has revealed.A survey of 4,134 professionals and key hiring decision makers from 62 companies around the world by recruitment firm Morgan McKinley found that 71% of UK professionals would look for ...
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ArticleFirst Manchester bus staff escalate pay-related strike
Bus drivers employed by First Manchester have announced further industrial action later this month as a pay dispute continues.Strikes took place at the transport company's depot in Oldham on both Monday and Tuesday this week, as drivers demand an immediate pay increase from the current rate of £12.40 to £13 ...
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OpinionDavid Jepps: How Covid-19 affects statutory sick pay
At the start of the pandemic, statutory sick pay (SSP) rules were changed to include Covid-19 (Coronavirus) scenarios because self-isolation or having tested positive with no symptoms were not covered by the SSP definition of incapacity. Those rules have since been tweaked many times and are expected to stay in ...
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ArticleIkea cuts sick pay for unvaccinated staff
Swedish retail giant Ikea has cut sick pay for unvaccinated staff in the UK who need to self-isolate as a result of being exposed to Covid-19 (Coronavirus).The decision by the business, which employs about 10,000 people across 22 stores in this country, could see unvaccinated workers who have been required ...
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OpinionJohn Adams: Pensions landscape will be changing in 2022
In what may bring a sigh of relief, 2022 is not a year with new legal requirements incumbent on employers regarding pensions. But there are many ongoing requirements to be mindful of, and changes within the pensions environment that could lead to future impacts.There is going to need to be ...
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ArticleAction urged to rebalance pension wealth
Shareholder returns that feed into UK workers’ pensions “disproportionately benefit a wealthy minority”, according to a report put together by the TUC, think tank Common Wealth and the High Pay Centre.The study found that almost one in three UK shares was held by a UK pension fund in 1990 yet ...
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ArticleCoventry bin drivers add more strike dates
Bin lorry drivers employed by Coventry City Council have announced more strike dates as their campaign for improved wages continues.A total of 19 further days of industrial action have been set across January, February and March, with around 70 drivers expected to be involved.The West Midlands drivers held a 48-hour ...
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ArticleSainsbury’s increases shop staff pay to £10 an hour
Sainsbury’s has announced that all its store workers will shortly earn at least £10 an hour.The retail giant will increase the basic rate of pay across its supermarkets and Argos outlets from £9.50 an hour from 6 March, with the first pay day to reflect the change being 8 April.Also ...
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ArticleUK Swissport staff receive above-inflation pay rise
Swissport employees, who provide baggage handling and check-in services at a large number of airports across the UK, have voted to accept an above-inflation pay rise.The 8.54% hike will be paid from this month (January 2022) along with a payment to account for a smaller 2.4% rise backdated to January ...