Employee Benefits

JANUARY 7, 2022

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.

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HR Digest

NOVEMBER 27, 2020

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.

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Employee Benefits

JULY 19, 2024

Fashion retailer Asos, meanwhile, announced in its 2023 annual report that it would be removing its DE&I bonus from executives’ incentive plans in order to avoid detracting from a focus on profitability. Debbie Lovewell-Tuck Editor Tweet: @DebbieLovewell The post Lovewell’s logic: Are employers rethinking DE&I provision?

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Employee Benefits

JULY 12, 2023

Fragrance retailer The Perfume Shop has received living wage employer accreditation from the Living Wage Foundation. Michelle Fellows, people and development director at The Perfume Shop, added: “We’re proud to be a real living wage employer. As a result, it pays employees across the UK at least £10.90

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Empuls

SEPTEMBER 29, 2023

Retail employees are the lifeblood of any successful store. Motivated retail employees are likelier to go the extra mile, provide exceptional customer service, and stay committed to their roles. The retail industry has one of the highest employee turnover rates compared to other sectors. In the U.S., Let's dive in!

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Employee Benefits

OCTOBER 17, 2023

Employers are assessed by an independent panel and must demonstrate evidence of effectiveness in the areas of culture, policies and practices, training, engagement , facilities and evaluation. The post XPS Pensions Group accredited as menopause-friendly employer appeared first on Employee Benefits.

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Employee Benefits

DECEMBER 20, 2021

Employee Benefits has reported recently that several employers are offering staff extra time off this festive period after another pandemic-hit 12 months. Discount retailer Home Bargains will close its UK stores on Boxing Day and New Year’s Day to thank all its employees for their hard work over the past year.

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Employee Benefits

JULY 16, 2024

A BT Group spokesperson said: “As context, this now puts BT Group in the top 33% of FTSE 100 employers. With less than 50% of organisations offering aligned maternity and paternity leave, BT Group is now one of the leaders in its sector.” The post BT Group to roll out new family leave policy appeared first on Employee Benefits.

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Employee Benefits

MAY 31, 2024

Of course, Lego is by no means the only employer to take steps to engage employees with its sustainability goals. After becoming the first major retailer to become carbon neutral in its own operations in 2012, its multi-stakeholder approach is now focused on achieving net zero by 2039/2040.

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Employee Benefits

MARCH 13, 2024

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.

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Hireology

JANUARY 9, 2019

Below, we’ve outlined several reasons why 2019 is the year of the job applicant in retail automotive – and how your dealership can attract quality candidates to support your business success. Few Job Seekers Are Interested in Retail Automotive Careers. One of the most important steps you can take is building a strong employment brand.

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Business Management Daily

AUGUST 26, 2019

Some employers have decided that significant investments in bonus plans are worth a try. They’re making even low-level retail and restaurant staff eligible—even part-timers. According to a Chipotle statement announcing the plan, bonuses will be paid quarterly if crew teams meet revenue and other goals. Spot bonuses: 51%.

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Employee Benefits

NOVEMBER 23, 2022

The employer stated that it is focusing its support on those who need it most, with 40,000 of its lowest-paid employees set to benefit. Facilities management and professional services business Mitie has launched a £10 million winter support package to help its workforce with the rising costs of living.

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Employee Benefits

MARCH 5, 2024

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. The retailer has additionally increased minimum pay rates , which will rise to £11.50 Its store-based workers will now earn an average of £12.33 per hour in London.

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Employee Benefits

APRIL 17, 2024

Pay strategies such as targeted pay increases, performance-related bonuses and earned wage access can help. Employers need to ensure there is a culture where people can discuss financial concerns. It is important that employers look at base pay as a starting point, says Gemma Bullivant, a freelance HR director and executive coach.

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Employee Benefits

JANUARY 25, 2023

Matching contribution levels: 3% employee contribution, 6% employer; 4% employee 8% employer; 5% employee and 10% employer. Annual employer-funded health screening for the leadership team. Group income protection employer-paid for all employees, subject to acceptance by the insurer. 26 weeks deferred period.

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Employee Benefits

FEBRUARY 27, 2023

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%. in 2021 and the retail average of 30.1%. retail average.

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Employee Benefits

NOVEMBER 20, 2023

The evidence of the impact on engagement, attraction and retention is in the employer’s turnover rate, which is lower than the UK average, proving that it is a worthwhile initiative for it to do each year. We could bombard employees with information about their benefits, but we don’t. Offering choice is key,” he concludes.

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Employee Benefits

JUNE 3, 2024

Credit: Serge Cornu / Shutterstock.com Around 50 workers employed by Edinburgh Airport Services have accepted a 12% pay increase and boosts to their shift rates and holidays. The employees, who are members of trade union Unite and are based at Edinburgh Airport, undertake various roles including customer services, drivers and baggage handlers.

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Hireology

JUNE 1, 2020

Given the impact of the pandemic, many people who are eager to get back to work also have family commitments – such as caring for children who are out of school or checking in on older relatives – so they will be looking for job opportunities with employers who are empathetic to these personal priorities. . for example.

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Employee Benefits

MARCH 14, 2024

We discovered a variety of reasons, including: Lack of awareness The rise in hybrid and remote working Insufficient showering facilities at work An unmanageable journey Employers can overcome many of these obstacles, plus, there are substantial business reasons for doing so and embracing a company’s Cycle to Work scheme.

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Employee Benefits

JANUARY 9, 2023

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.

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Employee Benefits

JULY 8, 2024

The vouchers carry a monetary value that can either be spent at a single store or at multiple retailers. Electronic gift cards or vouchers come in two forms: open-loop, which use payment networks such as Visa or MasterCard and are accepted at multiple retailers, and closed-loop, which are redeemable at a specific retailer or experience.

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Employee Benefits

FEBRUARY 24, 2023

between 17 – 23 February 2023 were: Asda to increase retail pay by 10% Tesco raises hourly pay to above £11 HSBC reports 45.2% mean gender pay gap Trial sees 92% of employers agree to continue four-day week Hermès implements global €4,000 bonus Half of younger staff would take pay cut for employer with values Natwest Group reports 31.8%

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Employee Benefits

DECEMBER 16, 2022

Home improvement retailer Wickes has reported a mean gender pay gap of 7.4%, up from 6.4% The business, which published its second gender pay gap report since becoming an independent listed employer, also reported a 2.6% median gender pay gap for 2022, narrowing from 8.4% The organisation’s mean gender bonus gap grew from 29.1%

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Employee Benefits

FEBRUARY 20, 2024

Boots and the Pharmacists’ Defence Association (PDA) Union have announced that trainee pharmacists at the retailer will receive a pay increase from 1 April.

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Employee Benefits

JUNE 12, 2024

Employee/employer contribution levels are 3%/6%, 4%/8% and 5%/10%. Group risk Life assurance, employer paid for all employees at four-times salary, with the option for employees to flex up at their own cost to eight-times salary, or add their spouse or partner. Employer-funded dental app. Employee assistance programme.

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Employee Benefits

MARCH 6, 2023

KFH joins other employers in the property sector who have helped their workforce out financially. The property services group, which has more than 60 branches across London and 10 business divisions, handed out the discretionary payment in order to help its staff manage the ongoing cost-of-living crisis.

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Empuls

SEPTEMBER 20, 2024

By offering well-structured rewards—whether monetary bonuses, recognition programs, or flexible work arrangements—companies can foster a positive work environment that drives employee satisfaction and retention. How do bonuses, and profit sharing impact the employees?  A and $10.51 per hour, respectively.

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Employee Benefits

APRIL 5, 2023

The Greater Manchester-based employer, which employs around 850 members of staff, has also given its weekly-paid employees an increase of 9.6% With the rising cost of business, retailers are having a tough time, and we are doing everything we can to help them maintain their margins. pay rise to help with the rising cost of living.

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HR Digest

MAY 19, 2021

It’s no wonder that the current labor crunch is prompting American employers to increase the minimum wage in hopes of attracting job seekers. The world’s biggest online retailer Amazon a pay raise for over 500,000 workers across its fulfilment and transportation sectors. Over a year ago, COVID-19 restrictions forced U.S.

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Employee Benefits

MARCH 6, 2024

But, when budgets are tight, employers must get creative to ensure staff on minimum pay rates are happy and motivated. Recent trends in pay suggest that both employers and employees are struggling to make ends meet. Bonuses are another option for employers with tight pay budgets.

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Employee Benefits

SEPTEMBER 21, 2023

Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has invested $1.3 These include an emergency savings programme and a financial assistance pilot, which are available from day one of employment. billion (£1.1 billion) into US customer fulfillment and transportation employees’ average hourly pay.

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Employee Benefits

SEPTEMBER 27, 2023

Healthcare and wellbeing Private medical insurance (PMI) for all employees, employer funded. Employer funded, but employees can opt for a higher level of cover at personal cost. Voluntary benefits scheme Discounts across retailers, including travel, groceries and utilities. Employees can add dependents at personal cost.

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Employee Benefits

SEPTEMBER 18, 2023

Many employers will give their employees some form of gift during the festive season to recognise their hard work, but what do staff value most at this time of year? Crowhurst adds: “One of our clothing retailer clients has been exceptionally creative around Christmas, giving employees excess stock as part of their gifts.

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Employee Benefits

JUNE 28, 2023

Julie Harrison, chief HR officer at Allianz UK, said: “We are always looking at ways to improve our employee offering to make Allianz a fantastic place to work and this scheme is particularly important as it combines our role as an employer and insurer.

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Employee Benefits

FEBRUARY 23, 2023

According to the firm, this will drive wage growth for all of its frontline hourly paid workers, including those just starting their careers, and also positions it as a favourable employer in every market it operates in. Additionally, since 90% of our store leadership started as hourly associates, today’s new hires are our future leaders.

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