All Employee Benefits articles in Web Issue – Page 1489
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ArticleAsda to increase retail pay by 10%
Supermarket chain Asda has announced that it will give its hourly-paid retail employees a 10% pay increase, with its national rate rising from £10.10 to £11.00 per hour from 2 April, and £11.11 per hour from 2 July.As part of a £141 million investment in 2023 to boost hourly pay ...
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ArticleNatwest Group UK reports 31.8% mean gender pay gap
Credit: William Barton / Shutterstock.comNatwest Group UK has reported a mean gender pay gap for 2022 of 31.8%, and a median gender pay gap of 32.3%.The group’s 2022 mean gender bonus gap, excluding recognition vouchers, was 43.5%, while its median was 18.9%. A total of 59.9% of men received a ...
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Poll: Does your organisation offer free period products to staff?
Take part in our latest readers’ poll on a current topical issue. Last week, Employee Benefits reported that coffee chain Starbucks UK introduced free period products at work for its UK employees, in partnership with sustainable period care brand Time Of The Month. In light of this, does your organisation ...
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Supplier articleOUR HOUSEHOLD SUPPORT CARD: THE FINANCIAL WELLBEING BENEFIT YOUR EMPLOYEES NEED
93% of adults have reported an increase in the cost of living compared with last year. Office for National Statistics. The monthly pay packet has never had to work so hard, with 7.8 million Brits struggling to keep up with the cost of their rising bills. The ...
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Supplier articleThree factors interfering with long-term strategic planning in HR
Only one in five UK HR leaders say their employee engagement strategy allows them to adapt quickly to the needs of employees as they change.With so many macroeconomic factors interfering with long-term planning, it’s difficult for HR leaders to know what is coming next. Faced with many unknowns and blind ...
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Case StudiesIngenuity starts with the basics of pension scheme investment communication
When it comes to communicating to employees about pension scheme investing, Gary Douglas, finance director of new business agency Ingenuity, is of the firm belief that you must get the basics right first.Ingenuity, which employs just under 80 people, has historically had quite a young staff body. Accordingly, pensions were ...
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AnalysisWhat are the benefits of educating employees around pensions investments?
Need to know:There are plenty of benefits to getting employees engaged with their pensions investments, but employers should to be clear about what behaviour they want to encourage.Investments can be made meaningful by using layman's terms to explain the funds, and what they mean for employees.Bringing environmental, social, and corporate ...
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Supplier articleThe top 10 employee benefits in the UK
A good employee benefits package could play a big part in what makes a business successful - how many companies know the top 10 employee benefits in the UK?Not every staff member will have the same wants or needs. But get your employee perks package right and you’ll attract top ...
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Article94% of employers foresee talent shortage issues in 2023 expansion plans
Employee Benefits poll: The majority (94%) of organisations have planned on expanding their workforce in 2023, but said they foresee issues with talent shortages, according to an online survey among Employee Benefits readers.Conversely, 3% were not going to increase their workforce, and were staffed correctly at the time, while 2% ...
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ArticleRugby Football Union enhances parental leave policy
Credit: Gordon Bell / Shutterstock.comThe Rugby Football Union (RFU) and the Rugby Players’ Association (RPA) have introduced an enhanced maternity, pregnant parent and adoption leave policy for contracted England Women’s rugby players.The initiative will ensure that the safety of the player and the unborn child are protected if they continue ...
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ArticleTesco raises hourly pay to above £11
Supermarket chain Tesco has announced that it will increase hourly pay for store employees to £11.02 as of 2 April, to reflect the increasing cost of living.This 7% base pay rise is the third Tesco has given in the past 10 months, amounting to a more than £230 million investment. ...
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ArticleTrial sees 92% of employers agree to continue four-day week
The majority (92%) of participants in the UK's four-day week trial said they will definitely continue or are planning to continue with a four-day working week.Four Day Week Global, Four Day Week Campaign and Autonomy led a six-month trial of a four-day week, with no loss of pay for workers, ...
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Supplier articleIncreasing Your Intake of Positive News for a Better Wellbeing
Author : Alex CrumpNews-related stress is a real thing! Reading more positive news can help to combat the effects.Studies have shown that daily news consumption can cause regular and increased worry, particularly during and following the pandemic. News sources highlight negative stories rather than positive ones to increase clickbait and ...
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Supplier articleThe steps to launch an impactful employee discounts programme
Supporting financial wellbeing with a world-class employee discounts programme has moved from being a nice to have to a necessity. Inflation is putting more pressure on employees and employers are having to think outside the box to support with the cost of living crisis. Employers do have the opportunity to ...
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OpinionEmma Burroughs and Tania Goodman: Is there a decrease in remote working jobs being advertised?
It has been widely reported that the number of fully remote roles available has dropped significantly; this is a continuing trend month on month, making the job market more competitive for those seeking such roles.Initially, many employers have taken a more relaxed approach to the return to the office, but ...
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ArticleHSBC reports 45.2% mean gender pay gap
Banking organisation HSBC has reported a mean gender pay gap for 2022 of 45.2% across its UK operations, and a median gap of 48.8%.HSBC employs 34,301 full-time employees in the UK, including 18,699 under the HSBC UK brand, with the remainder falling under various operations, including HSBC Global Services, HSBC ...
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ArticleCommunication strategies prioritise purpose and values in 2023
Engaging employees around purpose, strategy and values was found to be the number one priority for 51% for communication strategies in 2023, according to research by Gallagher.The State of the sector 2023 report drew insights from around 2,000 communication and HR leaders from more than 50 countries. It discovered that ...
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ArticleWest Northamptonshire Council to pay £9,000 in unfair dismissal case
West Northamptonshire Council has been ordered to pay a former manager of Everdon Outdoor Learning Centre nearly £9,000, after Northamptonshire County Council was found to have unfairly and wrongfully dismissed them.Northamptonshire County Council was dissolved in 2021, resulting in West Northamptonshire Council, which now owns the centre, taking on its ...
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ArticleHermès to pay €4,000 bonus to staff globally
Credit: sylv1rob1 / Shutterstock.comFrench fashion and design brand Hermès has announced that it will pay its 19,700 employees a bonus of €4,000 (£3,519) this year.Axel Dumas, chief executive officer of Hermès, presented the year-end bonus plan at an analyst meeting on Friday 17 February.Dumas cited the brand’s net profit reaching ...
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AnalysisBuyer’s guide to car salary sacrifice schemes
Car salary sacrifice arrangements remain a popular employee benefit; in its January 2023 Leasing Outlook, the British Vehicle Rental and Leasing Association (BVRLA) found a 20.5% year-on-year increase in company cars funded through salary sacrifice to quarter three in 2022.What are car salary sacrifice schemes?A car salary sacrifice scheme allows ...