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 group’s global annual performance-driven bonus programme rewards employees when they meet or exceed specific business goals.

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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.

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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. Life assurance at 10-times salary. Healthcare and wellbeing Private medical insurance (PMI), subsidised for all employees.

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Employee Benefits

AUGUST 9, 2023

It offers financial wellbeing support , provided by Salary Finance, such as lower interest and higher acceptance rate loans, and a help-to-save scheme that deducts savings from salaries each month, and has launched a dedicated intranet site for its cost-of-living support.

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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. It promoted its employer-funded benefits such as an online GP service and a retail discount site.

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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

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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

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

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. Salary sacrifice electric car scheme. Discount retail platform.

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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.

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Employee Benefits

APRIL 19, 2023

The staff, previously received an average annual salary of £26,000, remove waste, keep towpaths clear and maintain locks and moorings on England and Wales’ waterways, among other duties. Andrew Dobbie, national officer at Unison, said: “Members will now be seeing a good increase in their monthly salary. in October.

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Employee Benefits

AUGUST 9, 2023

As a starting point, employers can survey staff to ascertain their situations, and get creative with benefits that can help employees both today and in the long-term, says Steve Watson, director of policy and research at Cushon. The post How to target financial wellbeing support to employees appeared first on Employee Benefits.

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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 This latest increase means that we are one of the highest paying retailers in the UK. “I The post Currys gives staff fourth pay rise in 18 months appeared first on Employee Benefits.

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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

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. Employees are asking for help for acute issues around spending and borrowing,” he says.

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Employee Benefits

APRIL 17, 2024

Employees with poor mental health are likely to be more heavily impacted by financial worries and less likely to make sound financial decisions. Read on to explore the employee benefits that can help alleviate financial pressures during the cost-of-living crisis, enhancing mental health or wealth.

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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.

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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. Group income protection for all employees, employer paid. Life assurance at four times annual salary.

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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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cipHR

JUNE 29, 2023

One in six (17%) 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%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

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