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Cost of Living Bonuses for Employees in the UK: What Employers Need to Know

Empuls

Yet, behind the allure of cityscapes and rolling hills, there's a pressing concern that affects both employers and employees alike: the ever-evolving cost of living. What exactly are these bonuses, and how do they play a pivotal role in the lives of UK employees? Here is why giving the cost of living bonus matters for employers.

Bonuses 40
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Employers to Offer Record Pay Rises in 2023

HR Digest

The CPI spike was mainly driven by an increase in energy and food prices, costs that cannot be avoided. Employers are offering the biggest hike since The Great Recession. These factors are often not captured in salary budgets but they show an increase in employer spending. Pay rises amidst a tight labor market.

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Tetley employees secure 7% pay increase

Employee Benefits

This pay rise will enable them to support their families and stop replying on food banks. “These low-paid, predominantly [female] workers have stood together, demanded more, and they’ve got it. These workers should be rightly proud of themselves and Tata should be congratulated for finally listening to their workforce.

Pension 52
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17 Proven Morale Boosters That Won’t Break The Bank

SnackNation

17 Proven Morale Boosters That Won’t Break The Bank. But to put the argument to rest, we’ve put together a list of 17 Proven Morale Boosters That Won’t Break The Bank. Provide healthy food options. Why we like it: Nutritious foods boost productivity, and engagement. Food Trucks. Here they are: 1.

Banking 69
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How inflation affects pay raises

Business Management Daily

One might think inflation negatively affected employers as well—maybe interest rates were too high, or they lost too much money and couldn’t kick any down to workers—but that notion doesn’t hold up under scrutiny. Some saw typical wage growth and bonuses, but most of us received salary cuts as inflation ate up more and more of our paychecks.

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Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

Understanding UK employment laws and regulations The UK has some of the best employment laws and regulations when it comes to protecting employees and employers for the mutual benefit of both parties. Pensions are a compulsory benefit provided by employers in the UK. Private options can also be considered.

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15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

This is probably one of the most desirable benefits that today’s employers can offer. Not many employers trust their employees when not under the ever watchful eyes of the manager. There’s something exciting about food. No matter the position, age or salary, employees simply can’t resist free food. Flexible Work Timings.