All articles by Zoe Wickens – Page 185
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Article83% of employers to boost financial wellbeing support
Four-in-five (83%) UK employers have planned to focus on employee financial wellbeing through enhanced communication, education and decision-making support over the next two years, according to Willis Towers Watson’s 2022 Defined contribution and savings survey.The number of organisations with a formal financial wellbeing strategy, connected programmes, a consistent brand and ...
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ArticleGary Lineker's yearly pay could nab small private island
Credit: Cubankite / Shutterstock.comSomething for the weekend: While many employers do their best to help staff cope with the rising cost-of-living, the BBC has published the salaries of its highest paid stars, with Match of the Day host Gary Lineker (pictured) taking the top spot for the fifth year in ...
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ArticleThe top 10 most-read articles between 8 July – 14 July 2022
The top 10 most-read stories on employeebenefits.co.uk between 8 July and 14 July were: Cadbury staff secure up to 17.5% two-year pay dealNatwest gives lowest earning staff £1,000 pay riseJet2holidays implements 8% pay rise and £1,000 bonusPeloton offers staff one-off cash bonus and stock options79% want employer support during cost-of-living ...
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ArticleFerring Pharmaceuticals launches global family benefits package
Biopharmaceutical group Ferring Pharmaceuticals has introduced a global family building benefits package for its employees as part of a commitment to help them build families of all shapes and sizes.According to the group, which employs 6,000 people worldwide, the holistic three-tier support model provides a 26-week global minimum standard of ...
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ArticleTrident Building Consultancy transfers ownership to staff
Surveying practice Trident Building Consultancy, which has offices in the UK and Dublin, has transferred ownership of the business to its 90-plus employees, with all shares passing to an employee ownership trust (EOT).According to the directors, the existing management structure will stay in place, with the EOT managed by five ...
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ArticleCapital City College Group awards staff minimum 6% pay rise
Employees earning under £30,000 at Capital City College Group (CCCG) have won a 9% pay rise, while those earning between £30,000 and £45,000 have secured a 6% increase.Staff who are also University and College Union (UCU) members, earning between £30,000 and £45,000 will see a 5% increase in August, and ...
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ArticleBaker McKenzie increases newly qualified lawyer pay to £110,000
Global law firm Baker McKenzie has increased the starting pay for newly qualified lawyers from £105,000 to £110,000, as of this month.Trainee salaries have remained at their current rates, with first year trainees eligible for £50,000 and second year trainees receiving £55,000.According to the firm, which has around 13,150 employees, ...
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ArticleShipBob recruits new chief people officer
Global fulfilment platform ShipBob, which has 30 centres across the US, Canada, UK, European Union (EU) and Australia, has appointed Lara Morgenthaler (pictured) as chief people officer.Morgenthaler started her career at Trilogy Software and has overseen human resources in a variety of roles for more than 20 years at Newell ...
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ArticleRoyal Docks starts campaign to become London's first living wage place
Credit: dominika zara / Shutterstock.comThe Royal Docks in Newham, London, has launched a campaign to become a living wage place, with the aim of increasing the number of accredited employers by 50% over the next three years.The campaign has been launched at the same time as ExCeL London received living ...
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ArticleFDM Group reports -4.0% mean gender pay gap
FTSE 250 professional services firm FDM Group has published its 2022 gender pay gap results, finding a -4.0% mean gender pay gap.According to the firm, which employs 2,982 workers in the UK and 6,663 globally, this is an improvement on last year’s figure of 0.5%.FDM Group, which added more than ...
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ArticleSmart Monkey Marketing launches unlimited annual leave
Sussex-based marketing agency Smart Monkey Marketing has introduced unlimited annual leave to encourage an improved work-life balance for its three full-time members of staff and four freelancers.Under the policy, a minimum number of days should be taken as annual leave per quarter, so that staff are aware that, while they ...
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OpinionSinead Cuthill and Emma Vennesson: Ethnicity pay gap reporting in the UK
In its Inclusive Britain policy paper, published on 17 March 2022, the government stated that it would not be mandating ethnicity pay gap reporting. One of the reasons for this is that it wanted to “avoid imposing new reporting burdens on businesses as they recover from the pandemic.”The government’s position ...
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ArticleMinehead Medical Centre moves to employee ownership
NHS GP practice Minehead Medical Centre in Somerset has become 98% owned by an employee ownership trust (EOT).According to the practice, being an employee-owned entity allows its 50 members of staff to have a say in how the practice is run without needing to invest their own money. All profits ...
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Article64% of UK staff are stressed about their finances
Almost two-thirds (64%) of employees said their finances have made them feel stressed, anxious, or depressed, according to new research from Metlife UK.The research, conducted by Opinium on behalf of Metlife UK with 1,428 UK part-time and full-time workers, highlighted that as the rising cost-of-living crisis continues to impact people’s ...
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ArticleJet2holidays implements 8% pay rise and £1,000 bonus
Credit: Photofex_AUT / Shutterstock.comPackage holiday provider Jet2holidays has awarded its employees an 8% pay rise to be followed by a further £1,000 bonus at the end of the summer.The announcement was made in the business’ preliminary unaudited results report for the year ended 31 March 2022, in which it stated ...
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ArticleCommerzbank names new chief human resources officer
The supervisory board of German bank Commerzbank has appointed Sabine Mlnarsky (pictured) to its board of managing directors, where she will assume responsibility for the group human resources division.Effective from 1 January 2023, Mlnarsky will succeed Sabine Schmittroth as chief human resources officer and labour relations director. Schmittroth is leaving ...
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Poll: What is your organisation doing for staff impacted by flight delays?
Take part in our latest readers’ poll on a current topical issue. There have been multiple reports in the UK media over the past few weeks that as a result of staffing shortages while airlines are still adjusting to the rapid influx of demand, many are experiencing significant flight delays. ...
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ArticleThree-fifths of European employees want additional pensions advice from employers
Almost three-fifths (58%) of employees across Europe showed high or very high interest in accessing professional advice on managing their pensions via their employer, according to research from Alight Solutions.The Retirement perception index, undertaken in partnership with the University of Granada, was carried out among 2,400 employees in businesses across ...
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ArticleNatwest gives lowest earning staff £1,000 pay rise
Banking group Natwest has awarded more than 22,000 of its lowest paid employees in the UK and all global locations an average pay rise of £1,000 on a full-time equivalent (FTE) basis, effective from 1 September.In the UK there will be an additional 4% salary increase for employees earning under ...
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ArticlePost Office employees at 114 locations strike over pay row
Post Office employees working at 114 crown post offices, larger branches usually found on high streets, have begun a 24-hour strike over pay.The 3,500 members of staff, members of the Communication Workers Union (CWU), rejected a pay offer from management worth 3% and a £500 lump sum. The union stated ...