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Ikea awards pay increases and year-end bonuses to UK staff

Employee Benefits

Retailer Ikea has awarded its UK employees with pay increases that reflect the cost of living, as well as year-end bonuses based on the last year’s performance in a more than £35 million investment. The post Ikea awards pay increases and year-end bonuses to UK staff appeared first on Employee Benefits.

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Employee bonus programs: What’s right for your company?

Insperity

Employers usually offer bonuses to employees for a specific purpose (for example, to reward certain behavior or to recognize the achievement of established goals). For employees, bonuses are very popular because they represent an opportunity to earn more money beyond what their salary or hourly rate dictates. Spot bonus.

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What is employer branding? How to build a great employer brand

Achievers

Your organization’s employer brand should always be top of mind. Let’s take a closer look at what employer branding is and what your company can do to organically build an employer brand that sets it up for success. What is employer branding? Your company’s employer brand is then how these individuals perceive it.

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American Workers Are Burned Out; Employers Can Help

InterWest Insurance Services

American employers are trying to meet their workers’ mental health needs as they struggle with burnout and stress from their jobs and finances, according to a new report. The poll also found that only half of workers (48%) had confidence that their employers cared about their well-being.

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3 ways to boost teamwork at your organization

Achievers

A team-centered culture where everyone feels like they belong boosts alignment with your company vision and values, keeping everyone in sync as they work together towards a common goal. Some are driven by a set of core values and a vision for the future they find compelling. Establish a vision and values employees buy into.

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Lloyds Banking Group reports 5.7% mean ethnicity pay gap

Employee Benefits

No bonuses were awarded for the 2020 performance year, which would have been paid during 2021. Sharon Doherty, chief people and places officer at Lloyds Banking Group, said: “We continue to invest in making our organisation a leading inclusive employer, where the unique differences our people bring to work every day are valued.

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Benefits for graduates

Employee Benefits

Therefore, employers need to be able to earn the trust of this contingent by being transparent and authentic about pay. Graduates look for an organisation that has a strong sense of purpose; often we see Gen Z seeking those with a vision that aligns with their own values,” she says.

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