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Top StoriesFactbox-European Companies Offer One-Off Bonuses, Hike Pay Amid Cost-Of-Living Crisis
Top StoriesStellantis Offers French Workers Bonus Payment to Ease Inflation Pain
FinanceHow Employers Can Embrace FinTech for Financial Wellbeing
BusinessHelping Employees With Financial Emergencies
Modernising Payroll Tech: Why Traditional Technology Is Outdated
Date: July 25, 2022
By Paul Bartlett, CEO, CloudPay The banking and financial services arenas have already faced a wealth of digitalisation. Online banking has drastically changed consumer habits, with the ability to quickly and easily make transactions through apps and online platforms changing how we all manage our finances and cash flow. And of course, the pandemic only...
Top Ten Tips for Employees Looking at a New Contract of Employment
Date: June 24, 2022
Louise Lawrence, an employment lawyer at Winckworth Sherwood LLP, shares her ten top tips for employees to look out for in their new contract of employment when they are changing jobs: Probationary period These can have benefits for both parties as if you end up not liking your new role you can move on quickly....
Telefonica to Offer Employees Four-Day Work Week, Widening Pilot Project
Date: June 8, 2022
MADRID (Reuters) – Spanish telecom giant Telefonica will offer its employees the opportunity to work a four-day week, extending a pilot programme that has involved around 150 workers so far, three sources familiar with the matter said on Wednesday. In exchange for a 12% pay cut, the deal would let staff work four days, or...
Matchly, the US FinTech Platform That Enables Employees to Access Their 401(k) Employer Match, Raises $1.7m in Pre-Seed Round
Date: June 1, 2022
New York, 01 June 2022, 9am CET: Matchly, the US fintech platform that enables employees to access their 401(k) employer match, today announces it has raised funds of $1.7m to launch its platform, accelerate customer acquisition and make a number of key hires across its team. The oversubscribed round was led by Bling Capital, with...
A Tale of Two Workers: The Urgent Need to Support Part-Time Workers
Date: April 28, 2022
Mariel Beasley, Co-founder, Common Cents Lab The “Great Resignation” and low unemployment rates have gotten some employers scrambling to offer better wages and novel benefits to attract and retain their workforce. Yet, 24 million part-time workers have been largely left out of these gains. While part-time status typically deprives them of the traditional employer-offered benefits, like...
Can Employers Reduce the Salaries of Those That Choose to Work Remotely and Are There Implications of Doing So?
Date: March 16, 2022
By Tim Gofton, Royds Withy King Many workers now want to continue working remotely permanently. However, some employers are looking to reduce salaries for staff that opt to work full-time remotely outside of the often expensive cities in which their offices are based. The thinking goes that the cut in pay would be offset by...