Remove 2024 Remove Bonuses Remove Parental Leave Remove Pension
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EY to allow consultants to take time away from roles

Employee Benefits

Through the employer’s Employee TimeOut initiative, employees without an assignment from March to August 2024 can leave their role for between four and 12 weeks. Credit: JHVEPhoto / Shutterstock.com Professional services and accounting firm Ernst and Young (EY) is to allow its UK consultant employees to take time away from their roles.

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Ford, UAW Reach Tentative Labor Deal: A 11% Wage Hike is Only the Start

HR Digest

Upon ratification, there should be an initial hike of 11 percent in 2024 , with a 3 percent hike every year until the end of the contract, ending 2027 with a 5 percent general wage increase. UAW and Ford reached a tentative agreement on additional benefits such as 2-week Parental Leave and a Juneteenth holiday are also part of the UAW deal.

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What will the top reward trends be in 2023?

Employee Benefits

Events impacting pay, financial wellbeing and pensions. In terms of pensions, employers will be looking at how to position them to staff without a disposable income and how they can use their budget to support staff with retirement benefits if they cannot put it towards pay.”. The cost-of-living payments that we’ve seen will continue.

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