Employee Benefits

NOVEMBER 20, 2023

The TRS outlines what employee benefits have been on offer for the past 12 months. The evidence of the impact on engagement, attraction and retention is in the employer’s turnover rate, which is lower than the UK average, proving that it is a worthwhile initiative for it to do each year. Offering choice is key,” he concludes.

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Employee Benefits

JANUARY 25, 2023

The benefits on offer at Wave: Pension A master trust pension scheme for all employees. Those aged 22 and over are auto enrolled, but it is open to all employees. Matching contribution levels: 3% employee contribution, 6% employer; 4% employee 8% employer; 5% employee and 10% employer.

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Employee Benefits

OCTOBER 11, 2023

They will also be eligible for compassionate and parental leave that includes providing a lump sum to cover time off if they welcome a new family member or lose a loved one, and discounts on food and groceries, fuel, technology and utilities at well-known retailers.

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Employee Benefits

FEBRUARY 19, 2024

Benefits on offer at FitFlop in the UK: Pension Group personal pension (GPP) plan offered via salary sacrifice arrangement for all employees, with 4.5% contributions from both employee and employer. Employees can choose to fund the other benefit on a voluntary basis through deductions from pay.

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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. per hour, while its top-performing employees can earn on £13.95 per hour, while its top-performing employees can earn on £13.95 This investment represents a 9.5%

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Employee Benefits

FEBRUARY 12, 2024

From April 2024, 16,500 employees at the home improvement retailer will get an extra 90p per hour, worth over £1,700 more a year for a full-time employee. Therefore, it will pay the same minimum hourly rate to all employees aged 18 years old and over. per hour, and its London rate to up to £13.55 per hour.

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Employee Benefits

NOVEMBER 28, 2023

The benefits offered by Northwood Hygiene Products include: Pension Two group personal pension (GPP) schemes, with employee contribution rates of either 4% or 5%, and employer contribution of 5% or 4%. Healthcare and wellbeing Private medical insurance (PMI) for certain employee groups, employer paid.

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Empuls

SEPTEMBER 28, 2023

Employee benefits in the UK aren't just a nice-to-have; they're a strategic tool in the modern business arsenal. Employee benefits in the UK have emerged as the silent game-changer, influencing recruitment, retention, and overall workplace satisfaction. Private options can also be considered.

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Employee Benefits

MARCH 15, 2024

The scheme, which is offered in partnership with WorkPlace Nursery, will enable employees to pay for nursery fees through a deduction from their gross pay, which will save on tax and national insurance contributions (NICs). The post FitFlop introduces salary sacrifice nursery scheme appeared first on Employee Benefits.

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Employee Benefits

APRIL 10, 2024

But, with many sectors experiencing difficulties recruiting, employers are looking to broader benefits packages to attract and motivate the right people. Employers must do more to attract and incentivise their seasonal workers.” Offering the right package for seasonal workers can have significant benefits too.

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Employee Benefits

APRIL 3, 2023

Pension and group risk Trust-based defined contribution pension with 12% employer, 3% employee minimum contributions. Group income protection benefit that pays 75% up to state retirement age. Healthcare and wellbeing Private medical insurance (PMI), subsidised for all employees. Discounted retail vouchers.

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Pension Salary Retail Work From Home 105

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. The post Boots to increase pay for trainee pharmacists appeared first on Employee Benefits.

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Employee Benefits

NOVEMBER 30, 2022

Benefits offered by Central Co-op: Pension and group risk. A group personal pension for all employees, with varying contribution levels. Life assurance, funded by the employer. Health cash plan, funded by the employee. Employee assistance programme, employer paid. Other benefits.

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Employee Benefits

FEBRUARY 27, 2023

The benefits offered by the Eden Hotel Collection: Pension Group personal pension for all employees, with a 5% employee and 3% employer contribution. Healthcare and wellbeing Health cash plan for all employees, employee-paid. Other benefits Bikes-for-work scheme. Wellbeing platform.

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Employee Benefits

OCTOBER 10, 2023

Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has announced that it will increase its minimum salary for frontline operations employees as part of a £170 million investment as of 15 October. In addition, minimum starting pay for this group of employees will further increase to between £12.30 and £12.50

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Employee Benefits

OCTOBER 12, 2023

Provided by Gogeta, the new cycling platform will allow Pitchup’s more than 50 employees to apply for and buy bicycles such as road bikes, cargo and e-bikes, as well as cycling equipment, from UK independent bike shops through an online marketplace at a discount.

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Employee Benefits

AUGUST 9, 2023

Employers can offer financial wellbeing support based on which benefits are most frequently used, which will highlight prevalent financial issues among employees. As employers often have wide-ranging demographics that have varying preferences and needs, different communication methods will be required for each group.

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Employee Benefits

APRIL 21, 2023

The top 10 most-read articles on www.employeebenefits.co.uk The top 10 most-read articles on www.employeebenefits.co.uk

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Employee Benefits

SEPTEMBER 27, 2023

The benefits offered by Nominet: Pensions A group personal pension (GPP) scheme for all employees. Healthcare and wellbeing Private medical insurance (PMI) for all employees, employer funded. Employees can add dependents at personal cost. Health cash plan for all employees. Health screening.

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Employee Benefits

FEBRUARY 15, 2024

Costa Coffee will increase pay for more than 15,000 employees in its 1,500 UK employer-owned stores from 1 April. This is also 56p per hour above the national living wage and is part of the organisation’s efforts to ensure employees receive a sustainable pay rate that factors in the cost of living.

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Employee Benefits

JANUARY 17, 2024

It wants to see all UK fire employers extend maternity leave to 12 months on full pay after the birth, while also addressing pre-birth provisions for expectant mothers. The post West Midlands Fire Service increases maternity, paternity and adoption leave appeared first on Employee Benefits.

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Employee Benefits

JUNE 21, 2023

Retailer Wickes and car sales business Auto Trader have been shortlisted in the Best benefits communications – large and small employers categories at the Employee Benefits Awards 2023. It kept communications fun and vibrant, and expressed genuine care for its employees’ engagement and wellbeing.

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Employee Benefits

MARCH 21, 2023

The last few years have caused many to reflect on how we spend our time, leading to employers having to re-evaluate their employee benefits package. David McCormack, CEO , HIVE360 , explains it’s important to first understand what benefits and support employees value the most.

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Employee Benefits

AUGUST 9, 2023

In order to effectively communicate financial wellbeing support to its wide range of employees, UK NHS teaching trust Oxford University Hospitals uses a variety of methods to suit their needs and preferences. The post Oxford University Hospitals deploys multiple methods to communicate financial support appeared first on Employee Benefits.

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Employee Benefits

OCTOBER 4, 2023

Employee Benefits Live 2023: Enterprise Rent-A-Car has supported employees during the cost-of-living crisis with a salary increase and conducted a benchmark analysis of its pay and benefits providers. Centrica focused on communication in order to increase employees’ engagement with the benefits they have.

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Employee Benefits

SEPTEMBER 21, 2023

Credit: Sundry Photography / Shutterstock.com Online retailer Amazon has invested $1.3 billion) into US customer fulfillment and transportation employees’ average hourly pay. These include an emergency savings programme and a financial assistance pilot, which are available from day one of employment. billion (£1.1

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Employee Benefits

SEPTEMBER 21, 2023

In order to achieve accreditation, employers are assessed by an independent panel and must demonstrate evidence of their effectiveness in culture, policies and practices, training, engagement, facilities and evaluation. The post Tilbury Douglas gains menopause-friendly accreditation appeared first on Employee Benefits.

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Employee Benefits

JUNE 28, 2023

Julie Harrison, chief HR officer at Allianz UK, said: “We are always looking at ways to improve our employee offering to make Allianz a fantastic place to work and this scheme is particularly important as it combines our role as an employer and insurer.

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Enjoy Benefits

JUNE 4, 2023

There’s been a marked increase in older workers leaving employment, what one tabloid has called the ‘silver exodus’. And, of course, how you can use your employee benefits for over-50s retention. Wholesale, retail and customer service occupations are among the industries which have seen the largest changes.

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Employee Benefits

JANUARY 17, 2023

Discount vouchers are often available through voucher and discount websites and many workplaces offer employee discount schemes with major retailers. It is important that employees understand the importance of saving into their pension from early on. Don’t neglect your pension. Don’t neglect your pension.

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Employee Benefits

FEBRUARY 6, 2023

Employers are experiencing increasing demand from employees for salary rises because of the pressures on everyday financial wellbeing, such as the ever-rising cost of living , inflation and interest rates. Financial education can be key to helping employees build future financial resilience.

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Employee Benefits

FEBRUARY 4, 2022

between 28 January and 3 February 2022 were: University staff plan strikes over pensions and pay. What support can employers offer for staff going through gender transition? Three UK gives pay rise to retail staff. The post The top 10 most-read articles between 28 January – 3 February 2022 appeared first on Employee Benefits.

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Employee Benefits

APRIL 19, 2023

It’s important for employers in the environmental sector to invest in their workers in order to attract and retain people to do such vital work.” pay rise appeared first on Employee Benefits. Andrew Dobbie, national officer at Unison, said: “Members will now be seeing a good increase in their monthly salary.

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Employee Benefits

DECEMBER 4, 2023

On 30 January 2023, the National Joint Council for Local Government Services (NJC) unions, Unison, GMB and Unite, submitted a pay claim to the National Employers for a pay increase of Retail Prices Index (RPI) plus 2%, as well as improvements to working conditions.

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Employee Benefits

DECEMBER 15, 2021

The benefits on offer at Trayport: Pensions and financial wellbeing. Group personal pension plan with Aviva with a 7% employer contribution. Group income protection for all employees, employer paid. Critical illness insurance, employee funded. Other benefits. Access to a financial advisor.

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Workplace Insight

JULY 3, 2023

One in six (17 percent) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14 percent) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

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Workplace Insight

MARCH 7, 2024

These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. There was opportunity to expand to a wider view of employer-led interventions which go far beyond occupational health services. You can see the Government’s own summary here.

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