Employee Benefits
FEBRUARY 16, 2022
Thousands of Marks and Spencer (M&S) shop floor staff will see their base pay increase to at least £10 an hour in April, as part of a new reward package announced by the retailer. Some 40,000 employees will benefit from a pay rise, with the hourly rate increasing from £9.50 to £10 across the UK, and from £10.75
Employee Benefits
APRIL 15, 2024
Contract catering business BM Caterers has rolled out an enhanced employee benefits package for its 850 employees in order to reflect its continued commitment to inclusivity. The post BM Caterers launches enhanced employee benefits package appeared first on Employee Benefits.
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Employee Benefits
MARCH 27, 2024
Davies talks about how inclusion is a key part of the business strategy and how this then feeds into the reward strategy in terms of ensuring its variety of benefits motivate and engage its diverse workforce, while also supporting them in all aspects of wellbeing. The average age of staff is 35 and the average length of service is 5.2
Money Talk
AUGUST 18, 2022
Also known as “fringe” (short for fringe benefits) or “perks.” employee benefits generally equal 25% to 50% of a worker’s gross pay. Thus, they are a key part of workers’ total compensation package. Purposes of employee benefits include: ¨ recruit and retain talented employees (e.g.,
Sodexo Engage
NOVEMBER 14, 2024
Exclusive Discounts - We partner with over 100 retailers, so your people can save on everything from the weekly shop to top tech, holidays, and more! Inclusive and Accessible - With a vast range of retailers included, every employee in your business has multiple opportunities to stretch their salaries further every day.
Employee Benefits
NOVEMBER 20, 2023
UK Power Networks uses total reward statements (TRS) to inform and engage its 6,000 employees with its benefits package. Examples of these are our Tusker car initiative, which now has 250 users, and presenting available retail discounts just before Christmas as a timely reminder. Offering choice is key,” he concludes.
Empuls
AUGUST 27, 2024
Employee discounts have gained popularity in modern workplaces due to their mutual benefits. For employers, these programs enhance the benefits package, boost employee engagement and loyalty, and can even improve the company's bottom line. Take Empuls for example.
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