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Cost of Living Bonuses for Employees in the UK: What Employers Need to Know

Empuls

What exactly are these bonuses, and how do they play a pivotal role in the lives of UK employees? In this blog you’ll learn about the intricacies of cost of living bonuses, understanding their significance, and uncovering the key factors that shape them. But before getting started let's uncover the basics.

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Costa Coffee gives staff third pay rise in 12 months

Employee Benefits

The chain also invested more than £12 million in enhancing its benefits offering, changing store performance bonuses from vouchers to direct payments, and increasing the staff discount from 25% to 50%. Over the past year, Costa’s base pay rate increased by more than 14%, from £9.36

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B and Q and Screwfix give retail staff pay rise

Employee Benefits

Branch, assistant store and trading sales managers are all eligible for bonuses.

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Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

The mandatory employee benefits in the UK include the following aspects: Pension: Contributed both by the employer and the employee (minimum 8 percent with atleast 3 percent by the employer) Healthcare insurance: Backed by NHS and is contributed by the employer. Pensions are a compulsory benefit provided by employers in the UK.

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How to increase employee happiness in a tight job market

Business Management Daily

You can’t abuse or maltreat an employee and then say, ‘Now I want you to put on a big smile and go outside and entertain and charm the passengers.’ There are no pensions anymore. If they don’t like how things are going, Kelleher says, managers can’t expect stellar performance at work.

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How to Attract and Retain Talent in a Tough Market

Hppy

Incentives such as bonuses, rewards and pensions. This could include a company car scheme or employee discounts on travel, technology, entertainment, etc. You can also offer holidays (including paid parental leave) as well as pension schemes if they’re available in your industry.

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16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]

SnackNation

Performance bonuses are a fantastic way to do just that. Performance bonuses are a fantastic way to do just that. By tying the reward to results, performance bonuses give employees a sense of ownership and control. 401(K) Plan, Retirement Plan and/or Pension. Performance Bonus. Paid Sick Days.