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Gusto Group to become 100% employee owned

Employee Benefits

Manufacturing, construction and architecture business Gusto Group will transition to an employee ownership trust (EOT) as part of its goal of achieving shared success and fostering a culture of entrepreneurship. A total of 100% of the firm’s ownership will be transferred to an EOT on 31 March 2027 as part of its three-year timeline.

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Government launches new disability guide with CIPD

Employee Benefits

DWP said it had already met its target of getting one million more disabled people into employment by 2027. The post Government launches new disability guide with CIPD appeared first on Employee Benefits. Other guidance looks at where to advertise jobs and how to implement reasonable adjustments in the workplace.

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Beth Brown and Danyal Enver: What did the Spring Budget mean for pensions?

Employee Benefits

The Chancellor announced powers that would be given to both the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) in legislation slated for as early as 2027, enabling them to enforce the value for money regime. appeared first on Employee Benefits.

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Virgin Media O2 reports 9.7% mean ethnicity hourly pay gap

Employee Benefits

These goals include improving representation across gender and ethnicity by the end of 2027. mean ethnicity hourly pay gap appeared first on Employee Benefits. In March 2022, we launched our five-year DEI strategy with ambitious goals to reflect the communities we serve. The post Virgin Media O2 reports 9.7%

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Equity and ITC agree to pay and financial improvements

Employee Benefits

The Ethical Manager Agreement 2024-2027, which applies to performers, stage management and choreographers in the independent performing arts sector, will see the minimum weekly and daily rate rise by 5% every year during the agreement’s length.

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AAT reports increasing ethnicity and gender pay gaps

Employee Benefits

We will continue to gather feedback from across the business and embed this into our ongoing diversity and inclusion strategy, to ensure all employees are recognised for their contribution and rewarded fairly for their hard work.” The post AAT reports increasing ethnicity and gender pay gaps appeared first on Employee Benefits.

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University College London gives staff 9.5% pay rise

Employee Benefits

Dr Michael Spence, UCL’s president and provost, said: “Throughout the consultation for our five-year strategic plan 2022–2027, three messages kept recurring: that employees were concerned about levels of remuneration at UCL, about the state of our digital and physical infrastructure, and about workload-creating policies and processes. “I