Employee Benefits

APRIL 3, 2023

Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Health screening for all employees, employer-paid. Employer-paid, but employee can fund up to 10% if it means added affordability, for example a tax efficient electric vehicle. Occupational health.

Pension 105

Pension Salary Retail Work From Home 105

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.

Parental Leave 105

Parental Leave IT Pension Retail 105

Employee Benefits

NOVEMBER 20, 2023

The evidence of the impact on engagement, attraction and retention is in the employer’s turnover rate, which is lower than the UK average, proving that it is a worthwhile initiative for it to do each year. The TRS outlines what employee benefits have been on offer for the past 12 months. Offering choice is key,” he concludes.

Retail 105

Retail Overtime Pension Benefits Package 105

Employee Benefits

AUGUST 9, 2023

Employers can offer financial wellbeing support based on which benefits are most frequently used, which will highlight prevalent financial issues among employees. As employers often have wide-ranging demographics that have varying preferences and needs, different communication methods will be required for each group.

Pension 98

Pension Retirement Plan Education Benefit Providers 98

Employee Benefits

JANUARY 17, 2023

Discount vouchers are often available through voucher and discount websites and many workplaces offer employee discount schemes with major retailers. It is important that employees understand the importance of saving into their pension from early on. Don’t neglect your pension. Don’t neglect your pension.

Finance 98

Finance Pension Banking Retail 98

Enjoy Benefits

JUNE 4, 2023

There’s been a marked increase in older workers leaving employment, what one tabloid has called the ‘silver exodus’. Wholesale, retail and customer service occupations are among the industries which have seen the largest changes. Should employers be worried? According to the Office for National Statistics, nearly 3.5

Pension 97

Pension Transportation Manufacturing Benefits Package 97

Employee Benefits

AUGUST 9, 2023

The aim of these initiatives was to reduce financial stress in the workplace by removing additional costs, improving wages and positioning the trust as an attractive employer, explains Adam Kirton, assistant director of workforce – pay, policy and reward, at Oxford University Hospitals. “We

Hospitality 98

Hospitality Finance Salary Electronics 98

Employee Benefits

FEBRUARY 6, 2023

Employers are experiencing increasing demand from employees for salary rises because of the pressures on everyday financial wellbeing, such as the ever-rising cost of living , inflation and interest rates. Employers realise that people need the tools and knowledge to navigate their way through the crisis, and for their future.

Finance 118

Finance Pension Salary Education 118

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. Stuart Machin, chief executive of Marks and Spencer, said: “Our vision is to be the most trusted retailer and that starts with being the most trusted employer.

Retail 69

Retail Pension Benefits Package Food 69

Money Talk

JUNE 24, 2021

People with secure jobs or pensions and decreased expenses and spending opportunities saved more and/or reduced debt. Replenish Retirement Accounts - Consult with your employer HR department or plan custodian about steps to repay what you borrowed from a tax-deferred employer retirement savings plan such as a 401(k) or 403(b) plan.

401(k) 100

401(k) Finance Entertainment Pension 100

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. So, what do employees value the most from an employer in this new world of work? Work:life balance Employee wellbeing is one of the top challenges for employers.

Outsourcing Payroll 90

Outsourcing Payroll Pension Benefits Package Payroll 90

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.

Retail 59

Retail Pension Employee Benefits Employment 59

Employee Benefits

AUGUST 4, 2023

Credit: chrisdorney / Shutterstock.com Wedding venue and events business Gretna Green has received living wage employer accreditation from Living Wage Scotland. The accreditation celebrates employers that choose to go further than the government minimum by paying the real living wage on a voluntary basis to all relevant workers.

Employment 52

Employment Pension Retail Government 52

Workplace Insight

MAY 1, 2022

The industries with the largest percentage rises in inactivity among the over-50s are wholesale and retail (40% rise), transport and storage (+30%), and manufacturing (+25%). This was driven by increases in the state pension age , which rose from 65 to 66 from 2019-20. Workers beccmoing inactive (%) by income quartile. Author provided.

Government 98

Government Pension Transportation Manufacturing 98

cipHR

AUGUST 4, 2020

According to 2019 research by Hays , greater automation has decreased admin tasks for nearly half (49%) of HR employers, and 30% of HR professionals. For organisations in the retail or hospitality sector, managing time and attendance can be a long process – so investing in the right software to automate this task can make a big difference.

Pension 98

Pension Payroll Software Payroll System 98

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. Life assurance, funded by the employer. Employee assistance programme, employer paid. Retail discount scheme. Healthcare and wellbeing. Health cash plan, funded by the employee.

Pension 59

Pension Retail Healthcare Employee Benefits 59

Employee Benefits

APRIL 21, 2023

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

Pension 59

Pension Transportation Retail Government 59

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. Employee assistance programmes (EAPs), employer paid. Sanctus coaching, employer paid.

Pension 59

Pension Deductions Deductible Retail 59

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. This increase means our minimum hourly rate has increased by over 27% in the last 3 years and is currently the highest of any major UK retailer. “We per hour.

Retail 59

Retail Entertainment Pension Employee Benefits 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. Employee assistance programme (EAP) for all employees, employer-paid. Private medical insurance for management level staff, employer-paid. Discount retail platform.

Pension 59

Pension Food Retail Healthcare 59

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.

Salary 59

Salary Take Home Pay Retail Bonuses 59

Employee Benefits

MAY 22, 2024

The schemes helped employees learn how to manage their money better and some to save thousands of pounds through the Isa by utilising employer contributions. 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.

Voluntary Benefits 59

Voluntary Benefits Banking Pension Entertainment 59

Employee Benefits

JUNE 3, 2024

Credit: Serge Cornu / Shutterstock.com Around 50 workers employed by Edinburgh Airport Services have accepted a 12% pay increase and boosts to their shift rates and holidays. The employees, who are members of trade union Unite and are based at Edinburgh Airport, undertake various roles including customer services, drivers and baggage handlers.

Overtime 59

Overtime Retail Pension Food 59

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%. Group income protection, employer-funded for all employees up to 75% of salary for up to five years.

Banking 59

Banking Pension Salary Retail 59

Employee Benefits

AUGUST 12, 2024

The retailer, which operates almost 2,400 food stores, more than 800 funeral homes and provides products to more than 6,000 other stores, including Nisa Retail, employs 56,000 employees.

Retail 59

Retail IT Finance Pension 59

Employee Benefits

FEBRUARY 4, 2022

between 28 January and 3 February 2022 were: University staff plan strikes over pensions and pay. What support can employers offer for staff going through gender transition? Three UK gives pay rise to retail staff. The top 10 most-read stories on employeebenefits.co.uk Deloitte introduces flexible public holidays.

Pension 59

Pension Retail Employee Benefits Employment 59

Employee Benefits

DECEMBER 15, 2021

The benefits on offer at Trayport: Pensions and financial wellbeing. Group personal pension plan with Aviva with a 7% employer contribution. Group income protection for all employees, employer paid. Private medical insurance (PMI) for all employees, employer paid at employee-level cover. Group risk. Other benefits.

Pension 59

Pension Transportation Retail Insurance 59

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.

Pension 59

Pension Deductions Deductible Salary 59

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. Boots [is] acting responsibly to have recognised this and the PDA welcomes that [it is] now paying in excess of that.

Retail 59

Retail Pension Bonuses Salary 59

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. Online GP service.

Voluntary Benefits 52

Voluntary Benefits Pension Retail Banking 52

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. According to the retailer, the increases mean its minimum starting pay will have risen by 20% in two years, and 50% since 2018.

Retail 59

Retail Pension Benefits Package Comprehensive Benefits 59

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. Employer funded, but employees can opt for a higher level of cover at personal cost. Health screening.

Parental Leave 59

Parental Leave Voluntary Benefits Pension Retail 59

Employee Benefits

APRIL 30, 2024

Strike action is taking place as members claimed new rosters that the employer wants to introduce would see around 250 of them forced out of their passport control jobs. The workers, who are members of the Public and Commercial Services (PCS) union, work in terminals two, three, four and five.

Parental Leave 59

Parental Leave Pension Retail Employment 59

Employee Benefits

MARCH 15, 2024

The nurseries will receive additional funds through offset NICs from the employer, and parents get a say on how these are spent at a meeting every six months with the nursery and WorkPlace Nursery representative. The post FitFlop introduces salary sacrifice nursery scheme appeared first on Employee Benefits.

Salary 59

Salary Gross Pay Global Payroll Pension 59

Employee Benefits

APRIL 10, 2024

But, with many sectors experiencing difficulties recruiting, employers are looking to broader benefits packages to attract and motivate the right people. Employers must do more to attract and incentivise their seasonal workers.” This also makes it easier to determine what they would value from their employment.”

Benefits Package 59

Benefits Package Retail Hospitality Manufacturing 59

Professionals Alternative

SEPTEMBER 24, 2024

For example, having a popular retail establishment on the ground floor of a residential building can attract more potential tenants and increase rental demand. These ambitious developments combine luxury residential units, high-end retail spaces, state-of-the-art office buildings, and world-class entertainment facilities.

Engineering 52

Engineering Pension Retail Construction 52

Employee Benefits

FEBRUARY 15, 2024

Costa Coffee will increase pay for more than 15,000 employees in its 1,500 UK employer-owned stores from 1 April. The starting rate will rise to £12 per hour from £10.70 for baristas, which is a 9% increase and part of a more than £15 million investment.

Entertainment 59

Entertainment Pension Retail Employee Benefits 59