Employee Benefits

FEBRUARY 20, 2023

Supermarket chain Asda has announced that it will give its hourly-paid retail employees a 10% pay increase , with its national rate rising from £10.10 The new rates of pay, which apply to retail staff across the UK, were agreed with trade union Usdaw, which holds the mandate to negotiate with Asda on retail pay in Northern Ireland.

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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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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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Hireology

NOVEMBER 4, 2021

Hiring in retail automotive has been really tricky over the past two years. If it’s by default, it’s likely that you feel busier than you did two years ago, because you’re understaffed relative to the inefficient retailing processes that you had in your store.” .

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Hireology

NOVEMBER 30, 2017

Below, we’ve outlined several emerging disruptive business models in retail automotive – and how you can evolve your people strategy to remain profitable in such a competitive market. Disruptive Business Models in Retail Automotive. AutoNation, the largest new vehicle retailer in the U.S., Amazon Online Car Sales.

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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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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?

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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

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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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. Fewer than 1 percent of job seekers would consider working at a dealership.

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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

OCTOBER 18, 2021

Physical signage campaigns are another great option for teams that do not work from a desk (think: retail employees, in-field representatives, or healthcare workers). Plus, referrals end up being better performers once hired and they stick around longer, ultimately increasing productivity and reducing churn at your organization.

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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

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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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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Hireology

JANUARY 3, 2018

Southwest Kia in Mesquite, Texas recently reworked its pay structure to switch from an all-commission pay plan for finance managers to salary plus bonuses – similar to the base pay plus bonus plan many AutoNation and other dealerships across the country have adopted for sales roles.

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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 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

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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Hireology

AUGUST 8, 2017

Amazon made widespread headlines for buying Whole Foods earlier this year, creating a strong foothold in the grocery vertical, but the retail giant is also quietly testing the waters of the automotive market. Recognize Consumers’ Gravitation Toward Digital Retailing. So how can dealers compete with Amazon?

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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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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

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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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

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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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. .

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