employee-benefits
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Factbox-What European Companies Are Doing as Workers Face High Inflation
Date: December 2, 2022
(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bills for staff over the winter. Here are some examples by sector: AUTOS, AIRLINES AND TRAVEL: SCANDINAVIAN AIRLINES SYSTEM (SAS) Two labour unions representing SAS cabin crew in Norway said on Nov. 30 they had signed a...
UniCredit to Pay Bonus, Replace 850 Older Branch Staff in Italy
Date: December 2, 2022
MILAN (Reuters) – Italy’s second-biggest bank UniCredit will give employees in Italy a one-off payment of 2,400 euros ($2,526) to reward productivity and help them to weather rising prices, it said on Friday. As part of a broad accord signed on Thursday with unions, UniCredit will also pay for 850 branch employees who would qualify...
Higher Costs vs Higher Wages: How Will Businesses Keep up With Inflation?
Date: November 17, 2022
By Nick Gold, MD of Speakers’ Corner The cost-of-living crisis is hitting the UK hard. The current inflation rate is 9.4% — the highest level since 1982 and 3 times higher than the peak rate of the 2008 financial crash. This unprecedented inflation level follows a decades-long wage squeeze; the 2010s had the lowest real...
Catering Group Sodexo Targets Operating Margin Above 6% in 2025
Date: November 2, 2022
(Reuters) -French catering and food services group Sodexo onWednesday forecast organic sales growth of between 6% and 8% for fiscal 2024-2025 and an operating margin above 6% in 2025, as it aims to refocus on food services and boost voucher business growth. Sodexo will later on Wednesday unveil its 2025 strategy based on enhancing and...
The Future of Payroll in a Hyper-Connected World
Date: October 13, 2022
By Stephanie Coward, MD of HCM at IRIS Software Group In a hyper-connected world, everything is communicating. More data, more devices, more interaction; with integrated platforms joining the dots and streamlining the sharing of information between people and devices. Improved accuracy and efficiency, real-time pay and increased employee satisfaction is where payroll fits into the...
Why I Love the Payroll Industry
Date: October 10, 2022
By Sirsha Haldar, General Manager ADP UK. Somewhat unfairly, the payroll industry has often been looked at as the slightly boring but necessary cousin of HR and finance functions. However, I’m happy to see that is now beginning to change. Whilst thriving and attractive aren’t the first adjectives that spring to mind, with the help...