Employee Benefits

JANUARY 19, 2024

US supermarket chain Walmart is to increase the salaries of its store managers and invest in a redesigned bonus programme from next month. As a result of its investment and upcoming annual increases, store managers’ average salary will rise from $117,000 (£92,283) to $128,000 (£100,960) a year.

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Employee Benefits

FEBRUARY 22, 2023

Car salary sacrifice arrangements remain a popular employee benefit; in its January 2023 Leasing Outlook , the British Vehicle Rental and Leasing Association (BVRLA) found a 20.5% year-on-year increase in company cars funded through salary sacrifice to quarter three in 2022. What are car salary sacrifice schemes?

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Employee Benefits

FEBRUARY 28, 2024

Retailer Central Co-op has launched an electric vehicle salary sacrifice scheme as part of its ongoing commitment to sustainability. The post Exclusive: Central Co-op introduces electric vehicle salary sacrifice scheme appeared first on Employee Benefits.

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Employee Benefits

APRIL 17, 2023

It is important that salary advance schemes are explained properly so that staff fully understand how these operate and the costs involved. One initiative that is seeing a surge in popularity is the salary advance scheme, also known as earned wage access. The employer can set rules that limit withdrawal values employees can make.

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Employee Benefits

FEBRUARY 2, 2022

for its retail staff. Performance-related bonuses averaging 25% of base salary will continue to be paid but Three UK said the increase in base pay meant more guaranteed money for retail staff. 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

JUNE 28, 2023

Insurance firm Allianz has introduced an electric car salary sacrifice scheme for its more than 8,000 UK employees. They can choose between electric and plug-in hybrid cars, while the cost of the lease is calculated monthly and deducted from their gross salary through payroll.

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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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Sodexo Engage

NOVEMBER 14, 2024

Exclusive Discounts - We partner with over 100 retailers, so your people can save on everything from the weekly shop to top tech, holidays, and more! Inclusive and Accessible - With a vast range of retailers included, every employee in your business has multiple opportunities to stretch their salaries further every day.

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Employee Benefits

MARCH 2, 2022

The exact starting wage within the range that employees will receive depends on the job and the local market, because market-level wages set by the retailer are based on factors such as industry benchmarking and local wage data, among other reasons. The retailer will invest up to $300 million (£225.4

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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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Sodexo Engage

OCTOBER 22, 2024

Pluxee Card : Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Your employees can enjoy discounts with 100+ high street and high-end brands and retailers including: Partner with Pluxee UK to maximise your ROI!

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Employee Benefits Retail Deductions Deductible 52

Sodexo Engage

OCTOBER 22, 2024

Pluxee Card : Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Your employees can enjoy discounts with 100+ high street and high-end brands and retailers including: Partner with Pluxee UK to maximise your ROI!

Employee Benefits 52

Employee Benefits Retail Deductions Deductible 52

Sodexo Engage

OCTOBER 22, 2024

Pluxee Card: Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Pluxee Card - Up to 15% cashback at over 80 retailers. Launch events and roadshows.

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Employee Benefits Retail Deductions Deductible 52

Sodexo Engage

OCTOBER 11, 2024

Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Pluxee Card - Up to 15% cashback at over 80 retailers.

Employee Benefits 52

Employee Benefits Retail Deductions Deductible 52

Sodexo Engage

OCTOBER 11, 2024

Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Pluxee Card - Up to 15% cashback at over 80 retailers.

Employee Benefits 52

Employee Benefits Retail Deductions Deductible 52

Sodexo Engage

SEPTEMBER 30, 2024

Pluxee Card: Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Pluxee Card - Up to 15% cashback at over 80 retailers. Launch events and roadshows.

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Employee Benefits Retail Deductions Deductible 52

Empuls

APRIL 26, 2023

Employee turnover is one of the most important issues confronting retailers today. According to LinkedIn , the average retail turnover rate is one of the top turnover rates besides accommodation and entertainment. High churn rates have an impact on retail companies at all levels, affecting productivity, engagement, and satisfaction.

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Sodexo Engage

OCTOBER 11, 2024

Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Pluxee Card - Up to 15% cashback at over 80 retailers.

Retail 52

Retail Deductions Deductible Salary 52

Sodexo Engage

OCTOBER 11, 2024

Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Pluxee Card - Up to 15% cashback at over 80 retailers.

Retail 52

Retail Deductions Deductible Salary 52

Sodexo Engage

SEPTEMBER 30, 2024

Pluxee Card: Up to 15% cashback at over 80 retailers. Electric Car and Cycle to Work Salary Sacrifice Schemes. Electric Car and Cycle to Work Salary Sacrifice Schemes. Refurbished Tech and lifestyle-improving Salary Deduct Schemes. Pluxee Card - Up to 15% cashback at over 80 retailers. Launch events and roadshows.

Employee Benefits 52

Employee Benefits Retail Deductions Deductible 52

HR Digest

OCTOBER 4, 2024

The increase in minimum full-time hourly wage will add up to an annual salary of around $40,000 USD for those working a 40-hour workweek. Bureau of Labor Statistics shows the national median for retail workers to be around $16.19 Data from the U.S. USD or $36,675 USD per year.

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Money Talk

JULY 5, 2024

Women’s Finances - The gap between average salaries for men and women can add up to hundreds of thousands of dollars over working years. On the other hand, employer retirement plan match requires worker savings and credit card rewards and restaurant and retailer rewards programs require consumer spending. Setting goals, 2.

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Employee Benefits

MARCH 14, 2024

As a government-backed salary sacrifice scheme, employers and employees save money on National Insurance Contributions and taxes. 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. Cycle to work savings!

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Enjoy Benefits

NOVEMBER 3, 2024

The discount club can save literally £100s or even £1000s of pounds on online or high street retailers. It’s a way of recognising the efforts of people who go above and beyond on your team, giving them digital or physical gift cards to spend at dozens of well-known retailers including M&S, Amazon, Apple, Argos and more.

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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

NOVEMBER 29, 2022

Salaried staff have been given a 6% on average pay rise , which will come into effect as of January 2023. In addition, Ikea stated that every eligible employee will receive a bonus worth approximately one month’s salary before the end of the year, to recognise their contribution to the business’ performance over the past year.

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Employee Benefits

MAY 31, 2024

Last week, we reported on Lego’s move to link a portion of its salaried employees’ bonus payments to annual emissions. 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.

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Employee Benefits

JULY 11, 2024

Fragrance retailer The Perfume Shop has introduced on-demand pay as part of its ongoing commitment to supporting its workforce.

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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. 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. rise from last year.

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HR Lineup

NOVEMBER 19, 2024

Cons of Recruitment Agencies Cost: Recruitment agencies charge fees, typically a percentage of the hired candidate’s annual salary, which can be expensive for smaller businesses. Cons of In-House Recruitment Teams Higher Overheads: Salaries, benefits, and training for an in-house team can be costly.

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Recruitment Salary Engineering Retail 81

HR Digest

JANUARY 19, 2023

Fast Retailing, the parent company of Japanese fashion chain Uniqlo has announced that it will be raising the pay of its full-time employees in Japan by up to 40%. Despite inflation in Japan reaching its highest rate in decades, salaries have remained relatively flat.

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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 Store staff received an average salary increase of 6.7% Those on lower salaries were awarded larger increases in pay, with eligible staff earning £30,000 or less benefitting the most.

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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. The TRS outlines what employee benefits have been on offer for the past 12 months. Offering choice is key,” he concludes.

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Achievers

SEPTEMBER 12, 2024

Retail: Research from McKinsey reveals that turnover rates for frontline retail workers have long hovered around 60%. For example, replacing an employee can range from 40% to 200% of the employee’s salary – depending on the role. This is likely due to factors such as low wages, seasonal work, and inconsistent schedules.

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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. Group risk Life assurance, employer paid for all employees at four-times salary, with the option for employees to flex up at their own cost to eight-times salary, or add their spouse or partner.

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Banking Pension Salary Retail 59

Employee Benefits

JANUARY 25, 2023

Two years paid at half salary at time of acceptance. Life insurance for all employees with a death-in-service benefit of four-times salary. Voluntary benefits scheme Retail and leisure discount scheme, available to all employees. Voluntary benefits scheme Retail and leisure discount scheme, available to all employees.

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Pension Bonuses Voluntary Benefits Retail 105

Employee Benefits

MAY 31, 2023

The Sodexo Engage report The mountain of lost benefits: closing the expectation gap found that 53% of employees in the same age group feel more loyal towards their employer if they feel supported at work, but only 18% leverage their benefits to help maximise their salary.

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