Employee Benefits

JANUARY 2, 2024

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. The post New Look Retailers reports 27.96% mean gender pay gap appeared first on Employee Benefits.

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Employee Benefits

APRIL 17, 2023

Jewellery business Pandora has increased hourly pay for its UK and Ireland retail employees by up to 14% as part of its third pay review in the last 12 months. Irish retail employees received a 12% pay increase to €13.85 (£12.26), while store management employees also saw an average 12% rise.

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Employee Benefits

FEBRUARY 2, 2022

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 Employee Benefits. nationwide and £11.40 in the capital.

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Employee Benefits

SEPTEMBER 29, 2023

It is their hard work that is driving the business forward and supporting retailers across the UK. The year ahead will continue to provide a challenging environment for retailers, and we are increasing our efforts to support their margins and give them the service they need to operate efficiently and effectively.”

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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

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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Employee Benefits

NOVEMBER 30, 2023

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 bonus total varies each year and is based on the performance of the business unit, retail country and market area. loyalty pension programme since 2014.

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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.

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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

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Employee Benefits

MARCH 16, 2023

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 bonus is its annual share-out of profits, and all staff receive it as a percentage of their salary. The 2021/22 bonus was worth 3% of employees’ pay.

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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

NOVEMBER 23, 2022

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. The business’ winter support package initiative for January will be a one-off bonus of up to £125.

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Employee Benefits

JULY 16, 2024

The post BT Group to roll out new family leave policy appeared first on Employee Benefits.

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Employee Benefits

JANUARY 25, 2023

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. or saved for up to 12 months.

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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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Employee Benefits

NOVEMBER 29, 2022

The retailer doubled the staff discount to 30% across home-furnishing articles that reduce energy, water and food waste. They can also apply to access a €10 million Ingka Ikea social fund managed by the Retail Trust, which was set up to help those in need of one-off, non-repayable financial assistance.

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Employee Benefits

MAY 31, 2024

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. How engaged are employees with your organisation’s sustainability strategy? What role do they have to play in helping to achieve targets?

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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. Andy Whiteaker, head of employment at law firm Boyes Turner, says: “We have seen some organisations offering early pay rises or cost-of-living bonuses. Other employers are providing financial support in different ways.

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Business Management Daily

AUGUST 26, 2019

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. Snapshot: What do bonuses reward? Employee referral bonuses: 52%. Spot bonuses: 51%.

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Employee Benefits

NOVEMBER 20, 2023

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. The post UK Power Networks uses total reward statements to boost engagement with benefits appeared first on Employee Benefits.

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Employee Benefits

DECEMBER 20, 2021

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. 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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Empuls

AUGUST 27, 2024

These programs can range from monetary bonuses to non-monetary perks like extra vacation days, public recognition, or opportunities for professional development. The company also offers stock options and bonuses, fostering a culture of recognition and growth. Examples of rewards include bonuses, promotions, and gift cards.

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Empuls

AUGUST 23, 2024

Gift Cards: For a more flexible option, gift cards to popular retailers or restaurants allow employees to choose what they truly want. Commonly valued rewards include monetary bonuses, professional development opportunities, meaningful recognition, additional time off, or personalized gifts. How to wish an employee a work anniversary?

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Empuls

AUGUST 27, 2024

Unlike standard holiday bonuses, these gifts aim to forge a deeper connection between employees and the organization. The significance of employee engagement Located in London, this iconic department store is known for its vast size, offering over a million square feet of retail space across 330 departments.

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Employee Benefits

MARCH 14, 2024

Employee discounts… Our Employee Discounts Platform is home to discounts and savings with over 100 retailers, including those from which you can purchase bikes for the whole family. Employee cashback… We partner with over 80 retailers to bring you our Pluxee Card , a prepaid cashback-earning card powered by VISA.

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Qandle

NOVEMBER 8, 2023

Whether you’re a small local store or a large online retailer, these strategies will help you maximize your sales and create a buzz around your brand. A2: To find the best Black Friday deals, follow your favorite brands and retailers on social media, subscribe to their newsletters, and visit their websites regularly for updates.

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Empuls

AUGUST 22, 2024

Gift cards: For a more flexible option, gift cards to popular retailers or restaurants allow employees to choose what they truly want. Commonly valued rewards include monetary bonuses, professional development opportunities, meaningful recognition, additional time off, or personalized gifts.

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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%. retail average. in 2017, which was its first year of reporting.

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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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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

JANUARY 23, 2023

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%

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HR Digest

APRIL 19, 2022

Retail sales of the bottled sauces have raised more than $6.4 As the sector faces a quit rate approximately double that of the wider economy, and nearly 40% of restaurants claim they are understaffed, more restaurant chains are offering bonuses and perks in an effort to retain employees. Workers Quitting in Droves.

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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

APRIL 25, 2023

Credit: William Barton / Shutterstock.com Specialist wine retailer Majestic has raised the hourly pay of its retail employees 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.

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Employee Benefits

MARCH 21, 2023

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 across the UK.

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cipHR

JULY 9, 2020

Many commentators have warned that the coronavirus pandemic is likely to have a negative impact on gender pay gaps , with women disproportionately affected by the closure of businesses in sectors such as hospitality and retail, as well as having to look after children and other dependents following the closure of schools and nurseries.

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Employee Benefits

FEBRUARY 22, 2024

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. James Bullock, head of people and culture at Eurochange, added: “We’re incredibly proud of our new partnership with the Retail Trust.

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