Employee Benefits

AUGUST 28, 2024

Almost two-thirds (62%) started planning their pension income in the final year before they retired and 72% consider financial preparation to be very important for a happy retirement. It’s important for the financial services industry to help people understand pensions and encourage planning for retirement at all ages.

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Employee Benefits

MARCH 15, 2024

Retailer Primark is to increase hourly pay for 27,000 retail employees so they benefit from an average 9.1% From 1 April, the organisation will increase its average hourly pay rates for all retail assistants across England, Scotland and Wales from £11 to £12, and from £11.51 for those in London.

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Employee Benefits

NOVEMBER 20, 2023

The TRS outlines what employee benefits have been on offer for the past 12 months. 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.

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Employee Benefits

JANUARY 25, 2023

The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Those aged 22 and over are auto enrolled, but it is open to all employees. Matching contribution levels: 3% employee contribution, 6% employer; 4% employee 8% employer; 5% employee and 10% employer.

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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 group’s global annual performance-driven bonus programme rewards employees when they meet or exceed specific business goals.

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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. Employees can also complete a short happiness assessment and receive a free action plan to help them feel happier.

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Employee Benefits

NOVEMBER 6, 2023

Image Factory/shutterstock_1864249615 Need to know: Employee benefits can play an important role in helping organisations meet their sustainability goals, as well as helping to attract and retain staff. Those working in HR and employee benefits roles are no exception.

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Employee Benefits

MAY 22, 2024

Standard Chartered Bank and supermarket chain Lidl GB have been shortlisted for Best voluntary benefits at the Employee Benefits Awards 2024. We’re doing a lot for our student employees in terms of cost-of-living benefits, including opening up [the] Isa for pensions contributions for them.

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Employee Benefits

FEBRUARY 27, 2024

Credit: patat / Shutterstock.com Retailer Marks and Spencer has announced pay increases and enhancements to its maternity, paternity and adoption policies. A full-time employee will see an increase of around £180 per month. A huge thank you to our 65,000 [employees] for their continued hard work.” to £12 per hour, a 10.1%

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Employee Benefits

AUGUST 12, 2024

Co-op believes a strong financial wellbeing strategy is about more than products and services, and that employees should be supported to make great decisions. The retailer recognises that money and its role in lives can be a difficult thing to talk about, because there can be a lot of perceived stigma, so it is important to break that down.

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Employee Benefits

OCTOBER 11, 2023

They will also be eligible for compassionate and parental leave that includes providing a lump sum to cover time off if they welcome a new family member or lose a loved one, and discounts on food and groceries, fuel, technology and utilities at well-known retailers.

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Employee Benefits

OCTOBER 30, 2023

Credit: Ben Molyneux / Shutterstock.com Kitchenware and homeware retailer Lakeland has implemented new wellbeing support to protect its more than 1,300 members of staff. The post Lakeland introduces new staff wellbeing support appeared first on Employee Benefits.

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Employee Benefits

NOVEMBER 28, 2023

The benefits offered by Northwood Hygiene Products include: Pension Two group personal pension (GPP) schemes, with employee contribution rates of either 4% or 5%, and employer contribution of 5% or 4%. Healthcare and wellbeing Private medical insurance (PMI) for certain employee groups, employer paid.

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Empuls

SEPTEMBER 28, 2023

Employee benefits in the UK aren't just a nice-to-have; they're a strategic tool in the modern business arsenal. Employee benefits in the UK have emerged as the silent game-changer, influencing recruitment, retention, and overall workplace satisfaction.

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Employee Benefits

FEBRUARY 12, 2024

From April 2024, 16,500 employees at the home improvement retailer will get an extra 90p per hour, worth over £1,700 more a year for a full-time employee. per hour, which for full-time [employees] is worth over £1,700 more a year. We highly value our front-line [employees] and hope this new hourly rate demonstrates that.

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Employee Benefits

JANUARY 25, 2023

Employee Benefits · Employee Benefits/Wave podcast Listen: A fairly young organisation, national water supplier Wave, has always ensured that employee wellbeing is weaved into the fabric of the business. At a glance Wave is a national water retailer with 323 members of staff.

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Employee Benefits

AUGUST 21, 2024

If implemented, this will represent a nearly 40% increase for those between the ages of 18 and 20, and severely impact the hospitality and retail sectors, where a large portion of the workforce is aged under 21. In return, the employer pays in each employee’s total pension contributions.

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Employee Benefits

FEBRUARY 19, 2024

Benefits on offer at FitFlop in the UK: Pension Group personal pension (GPP) plan offered via salary sacrifice arrangement for all employees, with 4.5% contributions from both employee and employer.

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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. per hour, while its top-performing employees can earn on £13.95 per hour, while its top-performing employees can earn on £13.95 This investment represents a 9.5%

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Employee Benefits

JUNE 12, 2024

The benefits on offer at Aldermore Bank: Pension A group personal pension (GPP) plan with salary sacrifice arrangement for all employees. Employee/employer contribution levels are 3%/6%, 4%/8% and 5%/10%. For all other employees, bonuses are paid annually, based on both individual and business performance.

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Banking Pension Salary Retail 59

Employee Benefits

APRIL 3, 2023

Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Group income protection benefit that pays 75% up to state retirement age. Healthcare and wellbeing Private medical insurance (PMI), subsidised for all employees. Discounted retail vouchers.

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Pension Salary Retail Work From Home 105

Employee Benefits

NOVEMBER 30, 2022

Benefits offered by Central Co-op: Pension and group risk. A group personal pension for all employees, with varying contribution levels. Health cash plan, funded by the employee. Employee assistance programme, employer paid. Holiday puchase: employees can buy up to one week of additional leave.

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Employee Benefits

APRIL 21, 2023

The top 10 most-read articles on www.employeebenefits.co.uk The top 10 most-read articles on www.employeebenefits.co.uk

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Employee Benefits

JUNE 3, 2024

The post Edinburgh Airport Services workers accept 12% pay increase appeared first on Employee Benefits.

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Overtime Retail Pension Food 59

Employee Benefits

FEBRUARY 27, 2023

The benefits offered by the Eden Hotel Collection: Pension Group personal pension for all employees, with a 5% employee and 3% employer contribution. Healthcare and wellbeing Health cash plan for all employees, employee-paid. Other benefits Bikes-for-work scheme. Discount retail platform.

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Pension Food Retail Healthcare 59

Employee Benefits

JANUARY 2, 2024

The launch also includes a lifestyle saving scheme to support employees’ financial wellbeing. This gives staff information on ways to save money and access to savings through retail gift cards and discount codes. The post EXCLUSIVE: Accor Group launches new employee wellbeing benefit appeared first on Employee Benefits.

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Entertainment Pension Hospitality Retail 59

Employee Benefits

OCTOBER 12, 2023

Provided by Gogeta, the new cycling platform will allow Pitchup’s more than 50 employees to apply for and buy bicycles such as road bikes, cargo and e-bikes, as well as cycling equipment, from UK independent bike shops through an online marketplace at a discount.

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Employee Benefits

OCTOBER 10, 2023

Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has announced that it will increase its minimum salary for frontline operations employees as part of a £170 million investment as of 15 October. In addition, minimum starting pay for this group of employees will further increase to between £12.30 and £12.50

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Employee Benefits

MARCH 15, 2024

FitFlop also offers its employees private medical and dental insurance, employee assistance programmes, a health cash plan, a pension scheme via a salary sacrifice arrangement, hybrid working, an employee recognition scheme, retail discounts, a home technology benefit, a bikes-for-work scheme and a give-as-you-earn scheme.

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Employee Benefits

SEPTEMBER 27, 2023

The benefits offered by Nominet: Pensions A group personal pension (GPP) scheme for all employees. Healthcare and wellbeing Private medical insurance (PMI) for all employees, employer funded. Employees can add dependents at personal cost. Health cash plan for all employees. Health screening.

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Parental Leave Voluntary Benefits Pension Retail 59

Employee Benefits

APRIL 30, 2024

The post Heathrow Airport Border Force officers strike over working conditions appeared first on Employee Benefits. They say this is grossly unfair and to the detriment of Border Force as it throws away decades of combined experience in high-pressure roles.” The Home Office was contacted for comment prior to publication.

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Employee Benefits

JUNE 21, 2023

Retailer Wickes and car sales business Auto Trader have been shortlisted in the Best benefits communications – large and small employers categories at the Employee Benefits Awards 2023. It kept communications fun and vibrant, and expressed genuine care for its employees’ engagement and wellbeing.

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Employee Benefits

OCTOBER 4, 2023

Employee Benefits Live 2023: Enterprise Rent-A-Car has supported employees during the cost-of-living crisis with a salary increase and conducted a benchmark analysis of its pay and benefits providers. Centrica focused on communication in order to increase employees’ engagement with the benefits they have.

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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. The post Boots to increase pay for trainee pharmacists appeared first on Employee Benefits.

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Employee Benefits

AUGUST 9, 2023

As a starting point, employers can survey staff to ascertain their situations, and get creative with benefits that can help employees both today and in the long-term, says Steve Watson, director of policy and research at Cushon. The post How to target financial wellbeing support to employees appeared first on Employee Benefits.

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Employee Benefits

MARCH 21, 2023

The last few years have caused many to reflect on how we spend our time, leading to employers having to re-evaluate their employee benefits package. David McCormack, CEO , HIVE360 , explains it’s important to first understand what benefits and support employees value the most.

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Employee Benefits

MARCH 2, 2022

On-demand grocery delivery service Beelivery has introduced a new employee benefits and payroll service to meet the demands of its growing organisation. They can also check information about their pension and use the app to review pension performance and explore the impact of changing contributions.

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