Empuls
SEPTEMBER 28, 2023
What exactly are these bonuses, and how do they play a pivotal role in the lives of UK employees? In this blog you’ll learn about the intricacies of cost of living bonuses, understanding their significance, and uncovering the key factors that shape them. What is a cost of living bonus? Why does the cost of living bonus matter?
Employee Benefits
NOVEMBER 23, 2022
Facilities management and professional services business Mitie has launched a £10 million winter support package to help its workforce with the rising costs of living. The employer stated that it is focusing its support on those who need it most, with 40,000 of its lowest-paid employees set to benefit.
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Employee Benefits
JANUARY 24, 2024
Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. It’s being used more for incentive schemes than to replace salary or bonuses,” she explains. This can be a major obstacle, says Herd.
Employee Benefits
JANUARY 12, 2024
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. This time away will be unpaid, but staff will receive a bonus worth 25% of their salary when they return.
COMPackage
FEBRUARY 2, 2022
In December 2021, the city council passed a law requiring employers to indicate a minimum and maximum salary on job postings and advertisements. Employers will need to indicate the salary ranges on new jobs, transfer opportunities, and internal promotions. Similar laws are already in place in a handful of jurisdictions.
15Five
OCTOBER 16, 2018
One of the most common questions we get asked as leadership team coaches is how Objectives and Key Results (OKRs) should be used to determine salary, compensation, or bonuses. Peer-level feedback review sessions that can factor into determining promotions or salary raises for individuals. Never use OKRs to determine base salary.
Winston Benefits
FEBRUARY 13, 2018
Architecture is often seen as a high-paying career, and companies look for ways to augment salaries to attract top talent. Gensler offers annual salary reviews and t wice-a-year bonus opportunities for what it describes as “exceptional results.” Huckabee offers bonuses for certain levels of professional licensure.
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