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Pandora UK and Ireland gives retail employees one-off bonus

Employee Benefits

Jewellry brand Pandora has awarded its 2,600 retail employees across UK and Ireland a one-off bonus , following its 2023 financial results. The bonus, which is driven by Pandora’s commitment to retail and staff development, is due to its higher-than-expected group results for 2023.

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New Look Retailers reports 27.96% mean gender pay gap

Employee Benefits

New Look Retailers has reported a 27.96% mean gender pay gap for 2023, up slightly from 25.7% Like many fashion retailers, the organisation has attributed its gender pay gap to the large proportion of women working in its stores. The post New Look Retailers reports 27.96% mean gender pay gap appeared first on Employee Benefits.

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Parfetts awards staff 10% profit share bonus

Employee Benefits

It is their hard work that is driving the business forward and supporting retailers across the UK. The year ahead will continue to provide a challenging environment for retailers, and we are increasing our efforts to support their margins and give them the service they need to operate efficiently and effectively.”

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Ingka Group to pay out €311 million performance-based bonus

Employee Benefits

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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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. per hour to £12.60

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Buyer’s guide to retail and discount voucher schemes

Employee Benefits

What are retail and discount voucher schemes? Retail discount and voucher schemes are typically provided through a dedicated platform. Employee discount voucher schemes come in various forms, all of which aim to provide staff with savings on a range of purchases, from everyday shops to big-ticket items and the latest technology.

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Asda to increase retail pay by 10%

Employee Benefits

Supermarket chain Asda has announced that it will give its hourly-paid retail employees a 10% pay increase , with its national rate rising from £10.10 The new rates of pay, which apply to retail staff across the UK, were agreed with trade union Usdaw, which holds the mandate to negotiate with Asda on retail pay in Northern Ireland.

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