Aldi announces pay rise for 2024
Wage stagnation has cost UK employees £10,700 a year
Years of wage stagnation have cost the average UK worker £10,700 a year in lost pay growth, a report has claimed.
Ikea announces 2024 pay rises
Ikea is set to award its salaried employees a 5% pay rise in 2024, as well as adopting the new Living Wage rates for its hourly-paid staff.
Top 10 HR questions November 2023: Holiday carry-over
Poopular topics last month includes the carry-over of annual leave, irregular hours workers, working time record-keeping, and TUPE.
Covid inquiry: Matt Hancock ‘would have doubled sick pay’
Matt Hancock: ‘Having higher sick pay… would encourage employers to do more to look after the health of their employees.’
National insurance changes to come in next month
MPs vote through a new bill that allows for national insurance changes in January 2024.
Workplace health benefits prevented millions of sick days in 2021
Workplace health benefits prevented 14 million sick days in 2021 and helped 12,500 full-time workers to stay in employment.
Pensions
Single mothers and divorced women face heightened gender pensions gap
Single and divorced women face higher financial penalties when they retire, according to Scottish Widows.
Morrisons to change pension contributions for hourly-paid staff
Morrisons is set to change pension contributions for hourly-paid staff, lowering its employer contribution, a union has claimed.
Universities face ‘eye-watering’ increase in pension contributions
Rising pension contributions for many newer universities could impact staff retention, bodies representing the higher education sector have warned.
Minimum wage
Autumn statement: National insurance cut to 10%
Jeremy Hunt announced a two percentage point drop in national insurance in the government's Autumn Statement.
National living wage 2024 rates announced
The Treasury has announced a 9.8% increase to the national living wage from April 2024.
Millennials earn no more than previous generations
Millennials born in the late 1980s and early 1990s are still earning no more than those born in the 1970s did at the same age, says research.
Equal pay
Discrimination against young women on the rise
Young women are more likely to experience discrimination and money worries, according to the Young Women's Trust.
Tesco equal pay test cases to move to final hearing
An equal pay claim brought by shop floor workers at Tesco has moved a step closer to resolution.
Regional bias in women’s pay levels revealed
Almost a quarter of women in the West Midlands report receiving no pay increase in the past 12 months, despite having negotiated for higher pay.
Benefits
Does the four-day week align with flexibility and skills priorities?
Does the four-day week grant employees the flexibility and skills development opportunities they desire? Or is it too rigid?
Better off more likely to have access to employer healthcare
People who are financially comfortable are much more likely to be able to access employer-funded healthcare than those who are less well off.
Chance to Work Guarantee will ‘tear down barriers’ to employment
Ministers have claimed that changes announced in the Autumn Statement will ‘tear down barriers’ to work for more than 2.4...
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