Reward News
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,...
50% of companies committed payroll errors during the last five years
Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, has unveiled alarming statistics in its 2024 Company Payroll Complexity Report. The study exposes that a staggering 53 percent of surveyed companies faced payroll...
Reward Analysis
Danni Rush: Creating a diverse employee engagement scheme for a diverse workforce, the risks and rewards
Our workplaces are becoming increasingly diverse. For example, back in the 1970s, women represented 40 per cent of the workforce but now make up almost half (48 per cent). However, according to the World Economic Forum (WEF), there is still plenty more to do. As...
Deborah Frost: Making reward and recognition personal
A successful employee benefits programme only truly works when it is meaningful to the individual. Employees want to feel valued for their contribution, not like a small cog in a large machine. Research has shown that happy and engaged employees are up to 20...
Gail Cohen: Making the most of gift cards as an employee reward
Gift cards have become an increasingly integral part of many businesses reward schemes. Indeed, our most recent State of the Nation report revealed that the B2B gift card market has grown by more than 20 per cent year-on-year. From an employee’s perspective, the...
Jim Barnett: The art of putting cost effective employee benefits in place
Workplace benefits need to be carefully thought out and be seen not as a simple perk, but a real investment in personnel. Innovators – Google, Apple, LinkedIn and Virgin are continually coming up with innovative benefits to entice and retain talent from encouraging...
Brett Hill: The dangers of demographic generalisation in the workplace
Demographic generalisations continue to make headlines, as another trait of a particular age group is “exposed” for readers to feast on and debate. While having groupings such as “Millennials” and “Baby Boomers” can be useful in the workplace - as a starting...
Brian Kropp: Employee behaviour influenced by Brexit disruption
While an unstable government continues to “throw the dice” on its potential next steps – with continuing delays - it is no wonder that businesses have felt forced to accelerate their Brexit planning. However, within such plans, employers are failing to predict how...
Jennifer Liston-Smith: New Benchmark for Parental Leave Policies
The biggest driver of parental leave policies is the competition for talent. So said 54 per cent of respondents to a new benchmarking survey conducted by Bright Horizons / My Family Care in partnership with HRreview. The just-launched Benchmark report provides...
Ann Marie Bell: Unconscious bias of bonuses
Company bonus schemes are designed as an incentive that every employee can look forward to throughout the year. If a business is on track to reach its targets for the year, those that have hit their targets will be fortunate enough to gain a lump sum as a thank...
Simone Martorina: Imagining workplaces for the millennial workforce
The workplace of today is undergoing an invisible revolution – and the era of the 9.00 to 5.00 working day is becoming a thing of the past. Employees are increasingly customising their hours and taking advantage of flexible working practices; staff are increasingly...
Andrew Secker: Embracing the new retirement
With UK workers living and working longer, we are beginning to see many looking for a new type of retirement. According to a recent survey of workers aged 50 or over, half wanted to gradually wind down to retirement. The survey found 70 per cent of respondents said...
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