Employee Benefits

NOVEMBER 23, 2022

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. 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.

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Employee Benefits

JANUARY 24, 2024

Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. It’s being used more for incentive schemes than to replace salary or bonuses,” she explains. This can be a major obstacle, says Herd.

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Empuls

SEPTEMBER 28, 2023

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. What is a cost of living bonus? Why does the cost of living bonus matter?

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HR Bartender

JULY 19, 2016

In case you missed it, here’s a short summary of the ruling : The Department of Labor has set the new standard salary level at $913 per week or $47,476 annually. Employers will be allowed to use nondiscretionary bonuses and incentive payments (including commissions) to satisfy up to 10 percent of the new salary threshold.

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15Five

OCTOBER 16, 2018

One of the most common questions we get asked as leadership team coaches is how Objectives and Key Results (OKRs) should be used to determine salary, compensation, or bonuses. Peer-level feedback review sessions that can factor into determining promotions or salary raises for individuals. Never use OKRs to determine base salary.

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Employee Benefits

JANUARY 12, 2024

Credit: JHVEPhoto / Shutterstock.com Professional services and accounting firm Ernst and Young (EY) is to allow its UK consultant employees to take time away from their roles. This time away will be unpaid, but staff will receive a bonus worth 25% of their salary when they return.

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COMPackage

FEBRUARY 2, 2022

In December 2021, the city council passed a law requiring employers to indicate a minimum and maximum salary on job postings and advertisements. Employers will need to indicate the salary ranges on new jobs, transfer opportunities, and internal promotions. Similar laws are already in place in a handful of jurisdictions.

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