Employee Benefits

NOVEMBER 30, 2023

Ingka Group, which owns retailer Ikea, has announced that it will pay out a €311 million employee bonus based on good results this financial year, where revenue grew by 5.4%. The bonus total varies each year and is based on the performance of the business unit, retail country and market area. loyalty pension programme since 2014.

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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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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

JANUARY 25, 2023

The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Two years paid at half salary at time of acceptance. Age limits are 16 to state pension age. Life insurance for all employees with a death-in-service benefit of four-times salary. Age limits are 16 to state pension age.

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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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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.

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Retail Pension Bonuses Salary 59

Employee Benefits

MARCH 21, 2023

Technology retailer Currys has awarded its 10,000 hourly store employees a pay rise , the fourth in 18 months, with rates increasing from £10.35 With average hourly bonuses added on, pay will rise to £11.39 This latest increase means that we are one of the highest paying retailers in the UK. “I per hour to £10.50 across the UK.

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