All Employee Benefits articles in Web Issue – Page 1495
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ArticleHovis gives staff in Northern Ireland 13.5% pay deal
Credit: William Barton / Shutterstock.comEmployees at flour and bread brand Hovis in Northern Ireland have accepted a 13.5% two-year pay deal, with 75% voting to end the pay dispute.Members of trade union Unite working at Hovis voted by a margin of three to one to accept a higher pay increase ...
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Supplier articleA HR guide to employee benefits
Retention rates are at a low, with 65% of employees thinking that they can find a better position elsewhere. A great way to improve retention rates is through offering great employee benefits.Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company. In ...
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ArticleDomestic and General appoints chief people officer
Appliance care specialist firm Domestic and General has appointed Anna Capitanio (pictured) as chief people officer as of March.Capitanio, who also joined the leadership team, took over from Jenny Hillyer, who held the position of interim chief people officer.Capitanio has more than two decades of experience across sectors including pharmaceuticals, ...
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ArticleNHS junior doctors in England strike over pay
NHS junior doctors in England have commenced the first of three strike action days today (13 March) over a pay restoration dispute.A total of 98.06% of junior doctors who participated in the ballot voted to strike, with around 36,218 British Medical Association (BMA) members set to not attend any shifts ...
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Supplier articleThe importance of staying agile with HR technology
Only 1 in 5 UK HR leaders say their employee engagement strategy allows them to adapt quickly to the changing needs of employees, with several other factors - from inflation to budget cuts to competition for talent – interfering with long-term planning.Despite the urgent need to attract, retain and engage ...
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ArticleBP reports 14.9% mean gender pay gap
Oil and gas firm BP has reported a mean gender pay gap of 14.9% for 2022, down from 19% in 2021.Its median gender pay gap for last year was 14.1%, down from 16.2%. A total of 69% of men made up the employer’s upper pay quartile in 2022, whereas its ...
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ArticleOnly 29% of leaders have had neurodiversity training
Just a third of HR professionals and 29% of senior leaders have had specific training in relation to neurodiversity, according to research by City and Guilds and neurodiversity specialists Do-IT Solutions. The study was released to coincide with Neurodiversity Week (13 to 19 March), and consisted of answers from ...
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Case StudiesDeloitte gives staff control with flexible pension policy
In October 2022, professional services firm Deloitte introduced a flexible pension policy that gave its 22,000 UK employees more control over their finances, while still centring the importance of retirement savings.The policy allows staff to receive a cash payment in place of their pension contributions, in order to help people ...
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AnalysisHow to implement flexible pension policies
Flexible pension policies can help employees shore up short-term financial wellbeing, while still saving for the future.In difficult periods, the ability to flexibly drop or pause pension contributions could be invaluable.Flexible policies should be combined with effective communication and education to ensure staff understand the impact of their choices.The word ...
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Supplier articleA guide to making your workplace more attractive to young talent
The benefits of hiring younger talent are endless. They can aid the generation of fresh ideas with different perspectives, create a boost in morale thanks to some good old fashioned youthful enthusiasm and display a genuine willingness to improve your business. You’ll also get invaluable marketing insights ...
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Supplier articleNATIONAL CAREERS WEEK: RETAINING YOUR PEOPLE
This week is National Careers Week, and although the purpose of NCW is to celebrate and focus on the free career advice available to those still in education, there’s a broader discussion to be had. For HR professionals, it’s an opportunity to participate in job fairs and ...
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Supplier articleHow can employees save cash during the cost of living crisis?
It’s no secret that people are feeling the pinch right now with the cost of living crisis in the UK. It’s tough out there, with prices for the necessities like food and energy on the rise. Everyone’s looking for ways to save some cash and as it ...
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ArticleDaimler Truck awards profit share and appreciation bonuses
Credit: T. Schneider / Shutterstock.comGerman commercial vehicle manufacturing firm Daimler Truck has awarded eligible employees a €6,300 (£5,546) profit sharing bonus and a one-off appreciation bonus of €1,000 (£880).The bonuses were decided upon by the firm’s board of management and the General Works Council, and apply to 25,000 tariff-scale German ...
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ArticleMedian monthly pay up by 6.7% year-on-year in February
Median monthly pay in February 2023 was £2,193, a 6.7% increase compared with the same period in 2022, according to the Office for National Statistics (ONS).The findings revealed that the median pay growth rate fell between March and May 2020, but 6.7% was higher than the average growth rate before ...
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ArticleWest Midlands Fire Service and Capgemini named top employers for inclusivity
West Midlands Fire Service, Capgemini and Touchstone have taken the top three spots on the 2022/2023 Inclusive Top 50 UK Employers list.Compiled by Inclusive Companies for the seventh annual year, the list was created to benchmark the current state of equality, diversity and inclusion in UK workplaces. It is based ...
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Supplier articleImproving retention in the healthcare industry
As expectations from employees diversifies and grows, employee retention is a huge concern for many industries, but the COVID pandemic created – and continues to complicate – a retention crisis in healthcare. Increasing employee retention requires companies to look at actionable strategies with proactive steps to implement to make gradual ...
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ArticleBlack Pearl Pubs to pay £1,700 in tax-related unfair dismissal case
Glasgow business Black Pearl Pub has been ordered to pay a former employee more than £1,700 after an employment tribunal ruled she had been unfairly dismissed.The employee, known as B Storrie, had worked at the bar The Montford for more than a year but never received a contract outlining her ...
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OpinionPaula Kathrens: How can employers support staff with the menopause?
The government's announcement in January this year that menopause would not become a new protected characteristic under the Equality Act 2010 was very disappointing for those who had campaigned for change. The government's view is that the existing protected characteristics of sex, age and disability already provide protection against discrimination ...
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ArticleSpring Budget 2023: Government to raise corporation tax to 25% as planned
Spring Budget 2023: Chancellor of the Exchequer Jeremy Hunt has announced in his address to the House of Commons today (15 March 2023), that government will raise corporation tax for business from 19% to 25%.Organisations which make a profit of more than £250,000 will pay 25% tax on their profits ...
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Article39% of pay increases worth 6% or more
Around two-fifths (39%) of employees received pay rises worth 6% or more in the three months to January 2023, according to research by Incomes Data Research (IDR).The research organisation analysed 75 pay deals implemented between 1 November 2022 and 31 January 2023, mostly at large organisations and covering more than ...