Employee Benefits

FEBRUARY 22, 2023

Car salary sacrifice arrangements remain a popular employee benefit; in its January 2023 Leasing Outlook , the British Vehicle Rental and Leasing Association (BVRLA) found a 20.5% year-on-year increase in company cars funded through salary sacrifice to quarter three in 2022. What are car salary sacrifice schemes?

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Employee Benefits

FEBRUARY 15, 2024

The Welsh government has partnered with employee benefits provider Vivup for the managed service provision of its employee benefit schemes. The post Exclusive: Welsh government rolls out new employee benefits framework appeared first on Employee Benefits.

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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. The scheme, which is provided by ElectriX, part of LV= General Insurance and CBVC Vehicle Management, is available to all employees.

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Employee Benefits

JANUARY 18, 2024

Financial wellbeing benefits and incentives were at the top of the list of ways to persuade them to stay. That’s why SmartPay, our cost-neutral salary deduction scheme, is the employee benefit your people and business need in 2024. Offering financial employee benefits that support wellbeing. Affordability.

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Employee Benefits

FEBRUARY 2, 2022

for its retail staff. Performance-related bonuses averaging 25% of base salary will continue to be paid but Three UK said the increase in base pay meant more guaranteed money for retail staff. The post Three UK gives pay rise to retail staff appeared first on Employee Benefits. nationwide and £11.40

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Employee Benefits

MARCH 14, 2024

We’re passionate about helping employees and businesses adopt healthier and more sustainable practices, and we’re using the Big Walk and Wheel Week to explore how you can make cycling more affordable and inclusive for all employees. As a salary deduction scheme, there are no NIC or tax savings for employers or employees.

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Employee Benefits

MAY 18, 2023

Demand for financial savings on day-to-day shopping and living expenses via employee perks and benefits continues to rise, new data analysis by provider HIVE360 has revealed. Discounts on mobile-based retail and day-to-day spending savings from the benefits app have also increased – up by six percent from March to April.

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Employee Benefits

MARCH 2, 2022

The exact starting wage within the range that employees will receive depends on the job and the local market, because market-level wages set by the retailer are based on factors such as industry benchmarking and local wage data, among other reasons. The retailer will invest up to $300 million (£225.4

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Empuls

APRIL 22, 2024

  But where exactly does each chunk of your hard-earned salary end up?    Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent. But in today's job market, employees are looking for more than just a paycheck.

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Employee Benefits

FEBRUARY 27, 2024

Credit: patat / Shutterstock.com Retailer Marks and Spencer has announced pay increases and enhancements to its maternity, paternity and adoption policies. A full-time employee will see an increase of around £180 per month. The post Marks and Spencer enhances pay and family leave policies appeared first on Employee Benefits.

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Employee Benefits

NOVEMBER 20, 2023

The TRS outlines what employee benefits have been on offer for the past 12 months. 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. Offering choice is key,” he concludes.

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Employee Benefits

MAY 2, 2024

In a soon-to-be-released podcast, Pluxeer, Debbie Evans tells us about her favourite employee benefit – our Annual Leave Purchase Scheme. Our Annual Leave Purchase scheme is a benefit your employees can access by giving up a portion of their salary. Pluxee UK is more than an employee benefits provider.

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Employee Benefits

NOVEMBER 29, 2022

Salaried staff have been given a 6% on average pay rise , which will come into effect as of January 2023. In addition, Ikea stated that every eligible employee will receive a bonus worth approximately one month’s salary before the end of the year, to recognise their contribution to the business’ performance over the past year.

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Empuls

MAY 25, 2023

Companies must go beyond traditional compensation packages and delve into the realm of comprehensive employee benefits to secure the loyalty and commitment of their employees. 🔖 Suggested Read: How to Design an Employee Benefits Program Effectively 1.

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Employee Benefits

MAY 31, 2023

The Sodexo Engage report The mountain of lost benefits: closing the expectation gap found that 53% of employees in the same age group feel more loyal towards their employer if they feel supported at work, but only 18% leverage their benefits to help maximise their salary.

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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

APRIL 25, 2023

Credit: William Barton / Shutterstock.com Specialist wine retailer Majestic has raised the hourly pay of its retail employees to at least £10.60 Store staff received an average salary increase of 6.7% Other benefits provided by Majestic include the chance to win incentive trips to wineries around the world.

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Employee Benefits

APRIL 17, 2024

Dr Duncan Brown, an independent reward adviser and principal associate at the Institute for Employment Studies, believe the concept of overtime is less relevant in an age where many, in sectors such as retail or hospitality, now work on zero-hours contracts.

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Employee Benefits

JANUARY 25, 2023

Group income protection employer-paid for all employees, subject to acceptance by the insurer. Two years paid at half salary at time of acceptance. Subject to regular checks that make sure the employee still qualifies. Life insurance for all employees with a death-in-service benefit of four-times salary.

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Employee Benefits

AUGUST 25, 2023

Perks of the job include a £21,500 per annum salary , free tickets to all Lego attractions worldwide for the lucky applicants, their family, and friends every year through the Merlin Magic Pass, 25% discount in Lego retail shops and restaurants, a 40% discount online and employee pricing up to 55% off cinema tickets.

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Employee Benefits

MARCH 27, 2024

Wagamama offers its employees financial wellbeing support through Salary Finance, retail, leisure and gym membership discounts, a 50% staff discount, long service awards, a bikes-for-work scheme, and access to confidential support and guidance from accredited councillors 24/7, 365 days of the year.

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Employee Benefits

NOVEMBER 30, 2023

Employees are able to purchase things like smartphones, tables, televisions, smart watches and fitness trackers, as well as large and small domestic appliances. Employees are able to purchase products from popular brands, such as Apple, Nintendo and Samsung. Employers can set a maximum limit for the retail voucher.

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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

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

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

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

DECEMBER 5, 2023

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. Hourly-paid staff will receive a 10% pay increase in 2024, while salaried workers will see a rise of 5% on average.

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Employee Benefits

SEPTEMBER 29, 2023

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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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

NOVEMBER 23, 2022

Next month, workers earning up to £30,000 will be gifted a £50 e-voucher through MiDeals, which is Mitie’s internal deals portal, and can be used at more than 100 retailers including Boots, Asda, Tesco and Argos. The post Mitie introduces £10 million staff support package appeared first on Employee Benefits.

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Employee Benefits

MAY 19, 2023

Boys named Mateo were most likely to grow up to work in the technology, information and media industries, and people named Levi were likely to have careers in retail. Jobs Meanwhile, the girls with the highest expected salary were  Evelyn at £29,714, Emma at £28,576 , and Amelia at £27,645. The post What’s in a name?

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Employee Benefits

JUNE 22, 2023

PHYSICAL WELLBEING SERIES: ARE YOUR FITNESS DISCOUNTS INCLUSIVE At Sodexo Engage, fitness discounts go beyond Corporate Gym Memberships and Cycle to Work Schemes since our Employee Discounts Platform gives your people fantastic savings with their favourite sports retailers, including Nike, Foot Locker, Adidas, Decathlon and Halfords.

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Employee Benefits

MARCH 16, 2023

Credit: William Barton / Shutterstock.com Beauty and health retailer Superdrug has increased pay for newly qualified pharmacists, which will result in their wages rising to at least £50,000. The post Superdrug raises pay for newly qualified pharmacists 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. It promoted its employer-funded benefits such as an online GP service and a retail discount site.

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Employee Benefits

OCTOBER 4, 2023

This would be hosted through Aon’s benefits platform , which would bring together benefits from different providers. We’ve now got all 7,500 people on the same benefits platform , from manufacturing to very high-tech environments,” says Letton. The new system has been well received by employees, too.

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Employee Benefits

OCTOBER 17, 2023

They can also make savings on mobile phone insurance and discounts at retailers. They can use the financial tools, which include a benefits checker, free information to build stronger financial habits , and take part in a financial wellbeing quiz to benchmark progress and assess areas to improve.

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