Employee Benefits

DECEMBER 5, 2023

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 Employee Benefits. per hour to £12.60

Bonuses 59

Bonuses Retail Health Government 59

Employee Benefits

FEBRUARY 28, 2023

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 Employee Benefits.

Retail 59

Retail Entertainment Pension Bonuses 59

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.

Bonuses 109

Bonuses Hospitality Retail Employee Benefits 109

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.

Bonuses 52

Bonuses Retail Software Employment 52

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.

Retail 60

Retail Commissions Engineering Bonuses 60

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.

Bonuses 105

Bonuses Retail Professional Services Salary 105

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.

Pension 105

Pension Bonuses Voluntary Benefits Retail 105

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.

Health and Welfare 122

Health and Welfare Overtime Management Bonuses 122

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.

Telecommunication 111

Telecommunication Paid Leave Retail Bonuses 111

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.

Retail 101

Retail Bonuses Salary Employment 101

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.

Deductions 105

Deductions Deductible Retail Salary 105

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.

Retail 105

Retail Overtime Pension Benefits Package 105

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%.

Bonuses 45

Bonuses Overtime Retail Recruitment 45

Vantage Circle

OCTOBER 18, 2024

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. This alarming figure raises questions about the working conditions in retail sectors. Are retail employees truly motivated and committed to their workplace? Has this always been the case in the retail industry?

Retail 79

Retail Health and Welfare Employee Retention Financial Compensation 79

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

Employment 52

Employment Retail Commissions Bonuses 52

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.

Pension 59

Pension Employment Retail Bonuses 59

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?

Employment 59

Employment Retail Bonuses Media 59

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.

Retail 59

Retail Bonuses Employee Benefits Employment 59

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%

Bonuses 72

Bonuses Retail Employee Benefits Employment 72

cipHR

JULY 9, 2020

From the snapshot date and reporting deadline, to where to view other employers’ reports, here’s everything you need to know about gender pay gap reporting. You can browse reports by employer, and compare organisations’ data, on the UK government’s website. . Does my organisation have to report its gender pay gap?

Government 94

Government Bonuses Media Consulting 94

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.

Salary 59

Salary Take Home Pay Retail Bonuses 59

Hireology

JUNE 9, 2020

Prior to the pandemic, the retail automotive industry already faced a shortage of auto technicians. With millions of job seekers now on the market, now is your dealership’s prime opportunity to engage talent from outside retail automotive who might not have otherwise considered working at a dealership. .

Engineering 103

Engineering Retail Education Technology 103

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.

Retail 59

Retail Bonuses Employee Benefits Employment 59

Hireology

JUNE 15, 2018

But while job searching might come easy for recent grads this year, employers across industries are facing challenges with attracting top talent. job market strong for job seekers, but highly competitive for employers. They key is to build a strong employment brand and change job seekers’ perception of working in retail automotive.

Retail 60

Retail Commissions Bonuses Engineering 60

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!

Retail 40

Retail Taxes Salary Food 40

Employee Benefits

FEBRUARY 5, 2024

There’s an abundance of national days in the UK and globally, and National Sickie Day is one of many that impact UK employers. Only 2% of employees feel confident discussing their mental health with their employer. With over 150 retailers to choose from, your people can decide how and where they want to spend their employee rewards.

IT 98

IT Retail Banking Bonuses 98

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%

Parental Leave 59

Parental Leave Retail Bonuses Employee Benefits 59

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.

Overtime 59

Overtime Retail Pension Food 59

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.

401(k) 52

401(k) Banking Employment Parental Leave 52

Benefit Resource Inc.

MAY 11, 2021

Whether you’re an employer or a plan participant, we have the resources you need to succeed. Throughout the year we deliberately write about helping employees understand the plans that their employers have selected for them. If your employer offers an FSA, you’ll get the option to sign-up during open enrollment. March 15th.

Flexible Spending Account 81

Flexible Spending Account Family and Medical Leave Act Flexible Spending Taxes 81

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.

Bonuses 59

Bonuses Commissions Benefit Providers Retail 59

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.

Retail 59

Retail Pension Bonuses Salary 59

Hireology

NOVEMBER 23, 2021

Amazon alone is expected to hire more than 150,000 seasonal workers and has offered signing bonuses as high as $3,000. All of these factors create a situation in which attracting and connecting with applicants is more difficult than ever before — particularly for businesses in lower paying industries like retail, healthcare, or hospitality.

Bonuses 78

Bonuses Benefits Package Hospitality Retail 78

Business Management Daily

NOVEMBER 25, 2019

That’s especially true for retail and other consumer-oriented industries. This may be more expensive for employers, as full-time workers may be eligible for benefits that you don’t provide part-timers. These require employers to consider employee schedule preference requests and reasonably accommodate those requests.

Retail 10

Retail Bonuses Hospitality Employment 10

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.

Bonuses 59

Bonuses Retail Salary Employee Benefits 59

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.

Bonuses 64

Bonuses Life Insurance Insurance Payroll 64

Employee Benefits

JANUARY 16, 2023

The organisation, which employs more than 1,500 members of staff across 14 locations, also received living wage employer accreditation from the Living Wage Foundation and reviewed its salaries in light of it increasing the real living wage rates to £10.90 per hour across the UK and £11.95 per hour for those based in London in September.

Salary 69

Salary Retail Bonuses Government 69