Reward News
John Lewis axes staff bonuses third time in 4 years
Dame Sharon White, Chairperson of John Lewis Partnership, has pledged a dedication to enhancing the retail experience within the iconic department store chain. However, this move comes amidst the partnership's decision to withhold staff bonuses for the third time in...
Supermarkets fight for staff: Aldi raises pay again
In response to the intensifying battle for staff and in anticipation of higher minimum wage levels, Aldi has announced its second pay rise of 2024. This strategic move positions Aldi as a leader in employee compensation within the UK's supermarket landscape. Effective...
Latest ONS labour market statistics: Payroll numbers rise but growth rate slows
The latest data from the Office for National Statistics (ONS) reveals that payrolled employees in the UK experienced a modest increase of 15,000 between December 2023 and January 2024. However, the more significant trend emerges when looking at the broader picture,...
Tesco pay rise delay means workers are earning below minimum wage
A controversial month-long delay to a promised pay rise at Tesco has drawn widespread criticism, as some employees find themselves earning less than the minimum wage. The delay, set to save the supermarket over £17 million, has left staff frustrated, especially as the...
Tesco to increase staff pay
In response to the escalating minimum wage and the imperative to retain a competitive workforce, Tesco has joined the ranks of leading supermarkets in increasing staff pay. The hourly pay rate for Tesco store workers is set to surge from £11.02 to £12.02 in April,...
Highest HR salaries in England revealed
Newly released data from the Office for National Statistics (ONS) has unveiled substantial disparities in Human Resources (HR) salaries across England, with the East of England emerging as the top-paying region for HR professionals. The statistics, analysed by HR...
Which place in the UK has the highest HR salary?
Recent data from the Office for National Statistics (ONS) has unveiled stark regional disparities in the salaries of HR professionals across England. The figures, released this month, indicate that HR managers and directors in the East of England and London command...
17% failed to comply with pay gap reporting requirements
As the deadline for the UK's gender pay gap reporting looms just over a month away, the Chartered Institute of Personnel and Development (CIPD) is calling on employers to not only meet their reporting obligations but also to embrace a broader responsibility for...
HR sector shows signs of slowing growth
In a recent study conducted by Reed, the human resources (HR) sector is displaying signs of decelerating growth, evidenced by a mere 2.8 percent increase in salaries over the past year. This marks a notable decline from the 4.2 percent average increase observed in...
More than 40% think their office needs modernising
Despite a surge in businesses adopting hybrid working models, a recent study conducted by Crown Workspace has unveiled that nearly half (46%) of hybrid workers feel their office or workspace is ill-suited for such arrangements and requires modernisation. The research,...
Reward Analysis
Chris Ronald: Building benefits that last longer than bank holidays
Bank holidays are an entitlement for most employees and something to be grateful for and with the extra day off for the King’s Coronation, plus another bank holiday approaching - a four-day working week has become the reality for many this May, says Chris Ronald. But...
Noura Dadzie: Why should salary transparency be high on every HR agenda?
For HR professionals, securing top talent that fulfils the needs of the business is of prime importance. So surely one would do all they can to attract the best candidates? They would craft inspiring job descriptions: lay out great benefits, offer flexible working,...
Steve Watson: How we prevent the cost-of-living crisis from impacting us for years to come
As the cost-of-living crisis gathers pace, financial pressure is forcing many to cut costs wherever they can. The fear is that this is spilling over to savings and pensions, storing up issues for the future, argues Steve Watson. Our recent research indicates that...
Ian Moore: How employers can help staff cope with the cost-of-living crisis
The cost-of-living crisis is already taking its toll on nine in every ten consumers (ONS) in the UK, and it does not look like it will be going away any time soon. In fact, the situation is only going to get worse as prices continue to go up while wages remain...
Heidi Thompson: Competition and cost of living mean employers must enhance their offer
Right now, the economy is changing very quickly and with the addition of a tight labour market and continued pressure from inflation, many companies are having to consider how best to attract and retain their employees, argues Heidi Thompson. With inflation now at 9...
Pete Hykin: How Salary Sacrifice can help your employees with the cost-of-living crisis
With the UK enduring soaring inflation, Pete Hykin explains how pensions and Salary Sacrifice schemes can be used to achieve some tax relief and aid workers' savings efforts. The UK is facing one of the worst cost-of-living crises in recent memory. Rising fuel prices,...
Dave Chaplin: Navigating Off-payroll one year on
Dave Chaplin reflects on Off-Payroll one year on and speculates on the legislation and its impact on the future for hirers and contractors. April 6th marked the first anniversary of the Off-Payroll legislation, the reforms that were rolled out in the private sector...
Chris Lorigan: How technology could make staff happier
Last year saw UK businesses hit by rising numbers of staff leaving their jobs voluntarily, writes Chris Lorigan, and many employers now face the prospect of more resignations and a hiring crunch. Almost 9 in 10 managers say their business has vacancies and more than...
Claire Christy and Christina Morton: What employers need to know about sick pay
Despite employers like Ocado and IKEA cutting sick pay for unvaccinated staff, write Claire Christy and Christina Morton, others should stop and think before they take that route. A new variant of pandemic-related challenges has hit the headlines this month. Several...
Debra Clark: Reviewing Benefits: why, what and how
According to Premier Foods, ‘work is a verb, not a place.’ What does this mean for workplace benefits? Employers are currently facing one of the biggest changes ever in staffing circumstances with a division between those staff returning to the workplace and those...
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