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Lego is to tie a portion of its salaried employees’ bonus payments to annual emissions from this year. The annual KPI is an emission reduction target that includes measuring emissions from production sites, hubs, offices, Lego brand retail stores, company cars and business travel. billion (£1.1
What are retail and discount voucher schemes? Employee discount voucher schemes come in various forms, all of which aim to provide staff with savings on a range of purchases, from everyday shops to big-ticket items and the latest technology. Retail discount and voucher schemes are typically provided through a dedicated platform.
The John Lewis Partnership is to pay employees a 3% bonus, as well as committing to pay the voluntary living wage and implementing a wider pay rise. This year’s payment of 3% of employees’ salary equates to one-and-a-half week’s wages per employee. an hour outside London and £11.05 an hour in the capital.
Jewellry brand Pandora has awarded its 2,600 retailemployees across UK and Ireland a one-off bonus , following its 2023 financial results. The organisation will pay out bonus payments starting at £100, which will increase depending on employees’ roles.
Wholesaler Parfetts has awarded its employees a 12% profit share bonus following a record year for turnover. The employee-owned business operates depots in Aintree, Anfield, Birmingham, Halifax, Middlesbrough, Sheffield, Sommercoates and Stockport. All qualifying employees will receive the bonus in October.
Supermarket chain Asda has announced that it will give its hourly-paid retailemployees a 10% pay increase , with its national rate rising from £10.10 The new rates of pay, which apply to retail staff across the UK, were agreed with trade union Usdaw, which holds the mandate to negotiate with Asda on retail pay in Northern Ireland.
New Look Retailers has reported a 27.96% mean gender pay gap for 2023, up slightly from 25.7% Like many fashion retailers, the organisation has attributed its gender pay gap to the large proportion of women working in its stores. of female employees. of female employees. Overall, 69.5% Overall, 69.5%
Jewellery business Pandora has increased hourly pay for its UK and Ireland retailemployees by up to 14% as part of its third pay review in the last 12 months. an hour, while sales assistant employees across the rest of the UK can earn up to £10.90 As of this month (April), sales assistants in London now received £11.95
for its retail staff. Applicable to all staff regardless of their age, these base hourly rates – which exclude bonuses – surpass the Living Wage Foundation’s real living wage of £9.90 The post Three UK gives pay rise to retail staff appeared first on EmployeeBenefits. nationwide and £11.40
Wholesaler Parfetts has awarded its employees a 10% profit share bonus as part of its recognition of their contribution to its continued growth. It is their hard work that is driving the business forward and supporting retailers across the UK. The post Parfetts awards staff 10% profit share bonus appeared first on EmployeeBenefits.
More than 24,000 members of staff employed by discount retailer B&M will receive a sum equivalent to an extra week’s wage for their “considerable efforts” during the festive period. The Merseyside-headquartered business said employees will get the bonus payment this month (January) following “strong” trading over Christmas.
Employee incentives that work are essential for boosting motivation, engagement, and productivity within an organization. An employee incentive is a reward or benefit offered to employees to encourage higher levels of performance, engagement, and satisfaction within an organization. and $10.51 per hour, respectively.
Ingka Group, which owns retailer Ikea, has announced that it will pay out a €311 million employee bonus based on good results this financial year, where revenue grew by 5.4%. The group’s global annual performance-driven bonus programme rewards employees when they meet or exceed specific business goals.
Home improvement retailers B and Q and Screwfix, both owned by Kingfisher, have announced that shop floor workers will receive a pay rise to £10.60 Branch, assistant store and trading sales managers are all eligible for bonuses. The post B and Q and Screwfix give retail staff pay rise appeared first on EmployeeBenefits.
Retailer Ikea has awarded its UK employees with pay increases that reflect the cost of living, as well as year-end bonuses based on the last year’s performance in a more than £35 million investment. The post Ikea awards pay increases and year-end bonuses to UK staff appeared first on EmployeeBenefits.
The post BT Group to roll out new family leave policy appeared first on EmployeeBenefits. The post BT Group to roll out new family leave policy appeared first on EmployeeBenefits.
Retailer John Lewis has announced that it will not be giving its employees a bonus for this year, after reporting a £234 million loss. The 2021/22 bonus was worth 3% of employees’ pay. The post John Lewis will not pay employee bonus after £234m loss appeared first on EmployeeBenefits.
Next month, workers earning up to £30,000 will be gifted a £50 e-voucher through MiDeals, which is Mitie’s internal deals portal, and can be used at more than 100 retailers including Boots, Asda, Tesco and Argos. In March, the organisation stated that it will gift free shares for all of its employees for the third year running.
Annual growth in total earnings including bonuses was 5.6% in November 2023 to January 2024, and annual growth in average regular earnings excluding bonuses was 6.1%. Posted wage growth remains particularly strong in lower-paid occupations like childcare, cleaning, retail and hospitality, running in the 7-9% range.
It’s not hard to imagine that one of the largest online retailers in the world is exempt from workplace controversies. In a dramatic turn of events, the retail giant has announced it will pay frontline workers a one-time holiday bonus of up to $300. Retail giants Walmart and Target have also paid holiday bonuses to their workers.
How engaged are employees with your organisation’s sustainability strategy? Last week, we reported on Lego’s move to link a portion of its salaried employees’ bonus payments to annual emissions. What role do they have to play in helping to achieve targets?
Voluntary benefits scheme Retail and leisure discount scheme, available to all employees. It offers a range of retail discounts as well as instant digital e-vouchers. Wave gives all employees 40 flexi points each month which can be used immediately on coffees, snacks, streaming movies etc.
EmployeeBenefits poll: More than half of organisations will give their members of staff extra holiday days as a reward in the run up to Christmas this year. EmployeeBenefits has reported recently that several employers are offering staff extra time off this festive period after another pandemic-hit 12 months.
The TRS outlines what employeebenefits have been on offer for the past 12 months. 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.
In addition, Ikea stated that every eligible employee will receive a bonus worth approximately one month’s salary before the end of the year, to recognise their contribution to the business’ performance over the past year. The post Ikea gives staff 6% pay rise and enhances benefits appeared first on EmployeeBenefits.
Credit: Andrey_Popov/Shutterstock Need to know: The cost-of-living crisis is forcing more employees to take on additional work due to financial pressures, raising concerns around burnout. Pay strategies such as targeted pay increases, performance-related bonuses and earned wage access can help.
We’re passionate about helping employees and businesses adopt healthier and more sustainable practices, and we’re using the Big Walk and Wheel Week to explore how you can make cycling more affordable and inclusive for all employees. Ready to unleash the benefits of healthy employees on your business?
They’re making even low-level retail and restaurant staff eligible—even part-timers. Example: Fast-casual eatery Chipotle has started a new bonus program for hourly employees that can add up to a month’s worth of extra pay over a full year. The plan is available for all employees, including part-time workers. Spot bonuses: 51%.
Gift Cards: For a more flexible option, gift cards to popular retailers or restaurants allow employees to choose what they truly want. The best reward for an employee depends on their preferences and contributions but often includes a combination of personalized options. How to wish an employee a work anniversary?
Home improvement retailer Wickes has reported a mean gender pay gap of 7.4%, up from 6.4% The higher representation of men in the lower quartile is in line with its overall store employee population, which is 60% male. of male employees received a bonus, compared with 93.6% median gender pay gap for 2022, narrowing from 8.4%
Credit: steved_np3 / Shutterstock.com Retailer Carpetright has reported a mean gender pay gap for 2022 of 7%. This was less than the UK and retail averages of 13.9% Carpetright’s median pay gap was 5.5%, lower than the UK and retail averages of 14.9% respectively. respectively. Its mean bonus pay gap for 2022 was 37.7%
Retail organisation John Lewis has revealed that its 2022 mean gender pay gap was 7.9%, down from 9% in 2021 and below the average for the sector of 13.5%. the prior year, and lower than the retail average of 8.5%. in 2021 and the retail average of 30.1%. retail average. of male employees and 96.9%
Retail business Ann Summers has reported a mean gender pay gap for 2022 of 35.2%, and a median gap of 31%, higher than the mean national average of 17.1%. The figures also appear to have stepped back dramatically on the years 2020 and 2021, which were heavily impacted by our retail store closures as a result of Covid.
Credit: William Barton / Shutterstock.com Specialist wine retailer Majestic has raised the hourly pay of its retailemployees to at least £10.60 They were also given an additional £250 bonus in thanks for their efforts over the past 12 months, as well as uncapped bonuses based on performance against sales targets.
Technology retailer Currys has awarded its 10,000 hourly store employees a pay rise , the fourth in 18 months, with rates increasing from £10.35 With average hourly bonuses added on, pay will rise to £11.39 This latest increase means that we are one of the highest paying retailers in the UK. “I per hour to £10.50
Eurochange’s employees across its head office and 200 UK branches can now access a range of personalised resources, provided by retail industry charity Retail Trust, to support their wellbeing. Employees can also complete a short happiness assessment and receive a free action plan to help them feel happier.
Credit: Ben Molyneux / Shutterstock.com Kitchenware and homeware retailer Lakeland has implemented new wellbeing support to protect its more than 1,300 members of staff. The post Lakeland introduces new staff wellbeing support appeared first on EmployeeBenefits.
The post Edinburgh Airport Services workers accept 12% pay increase appeared first on EmployeeBenefits. The post Edinburgh Airport Services workers accept 12% pay increase appeared first on EmployeeBenefits.
Credit: bennphoto / Shutterstock.com Retailer Currys is increasing pay for its approximately 10,000 hourly-paid employees as part of an investment into their pay. per hour, while its top-performing employees can earn on £13.95 per hour, while its top-performing employees can earn on £13.95 This investment represents a 9.5%
between 17 – 23 February 2023 were: Asda to increase retail pay by 10% Tesco raises hourly pay to above £11 HSBC reports 45.2% between 17 – 23 February 2023 were: Asda to increase retail pay by 10% Tesco raises hourly pay to above £11 HSBC reports 45.2% The top 10 most-read articles on www.employeebenefits.co.uk
Credit: eyematter / Shutterstock.com Retailer Wickes has published its first ethnicity pay gap report, with its mean ethnicity pay gap for 2023 standing at 0.04%. A total of 96% of white employees and 95% of ethnic minorities received a bonus in 2023. and its median was 27%. Its median gender pay gap improved to 0.1% in 2022 and 8.4%
The retailer has also redesigned its store manager bonus programme, with the store’s profit set to be a bigger part of calculating an annual bonus. The retailer has also redesigned its store manager bonus programme, with the store’s profit set to be a bigger part of calculating an annual bonus.
Sainsbury’s mean pay gap for black employees in 2022 was -0.4%, a slight change from 0% in 2021, and its median gap was -5.8%, compared with -4.2% Its mean bonus pay gap for black employees was 44.4%, up from 39.0% Its mean bonus pay gap for black employees was 44.4%, up from 39.0% of black employees received a bonus last year.
With over 150 retailers to choose from, your people can decide how and where they want to spend their employee rewards. Still, the thing to remember about cash employee rewards is that the money goes directly into their bank account and can be swallowed by the monthly expenses. appeared first on EmployeeBenefits.
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