PUBLISHED: 17:37 03 August 2018 | UPDATED: 17:38 03 August 2018 Half of East of England businesses are planning to hand staff a pay rise this year. Picture: Getty Images/iStockphoto AntonioGuillem Nearly half of firms are preparing to give staff pay rises in the next year, according to a major survey conducted in the East of England. The findings show that one in three firms are planning to hand workers a boost of between 2% and 5% of their wage packet, while 2% will give staff a pay hike of more than 5% in the next 12 months.The research was carried out by the British Chambers of Commerce, with input from the Norfolk and Suffolk organisations, and the recruitment company Indeed. Just 1% of firms are expecting to decrease salaries, reflecting the increasing difficulties companies are experiencing in recruitment, where competition for the right talent is fierce.The increasing upfront cost of doing business - including increases in the minimum wage over the next three years - means … [Read more...] about Half of East of England businesses will give staff a pay rise in the next year
PUBLISHED: 14:28 01 August 2018 | UPDATED: 14:28 01 August 2018 Gym memberships and free healthcare were among the most popular work perks. Picture: Getty Images/iStockphoto. fizkes Free snacks, flexible working hours and paid-for fitness memberships have been named as three of the most realistic job perks business owners could introduce to keep staff happy. Others to have cropped up in a list compiled by Londonoffices.com includes letting staff finish early on a Friday and private healthcare.The small steps can have a big impact on staff morale without hitting business performance, said chief executive Chris Meredith.“Happy staff are more likely to work harder and stay with your company, so it’s important to make sure you’re listening to what your employees want and responding appropriately,” he said.“It’s easy to just expect your staff members to come in to work eight hours a day, five days a week, with the only benefit being their pay check at … [Read more...] about The nine work perks every employee would love
Student debt is a $1.48 trillion burden that financially hobbles millions of Americans, especially young ones, as they try to save for retirement and make major purchases likes homes or cars. But a nascent movement is underway in some corners of Corporate America to help workers carrying that burden. For instance, Abbott Laboratories plans next month to join this small group of employers that offer workers assistance with student loan repayment. With a program dubbed "Freedom 2 Save," the pharmaceutical giant will provide employees help with paying down their student loans, if they prove that they're contributing 2 percent of their eligible pay to their student debt via payroll deductions. In return, Chicago-based Abbott will contribute the equivalent of 5 percent into a 401 (k) plan. Program participants will receive a match without being required to make contributions, enabling them to use more of their earnings to pay off their student debt "Over the last several years, … [Read more...] about Helping employees repay student debt: A new perk?
In a secluded corner of Joshua Tree, Calif., a livestock tank painted white, surrounded by cactuses and crowned with black string lights is the outdoor tub for ultrahip Airbnb “The Shack Attack,” owned by Kathrin and Brian Smirke.The tub, which they created as a respite from the desert heat, quickly took on new life as an Instagram photo booth, in which guests are eager to pose for a mid-soak snap.Last year, New York magazine’s the Strategist dubbed stock tanks “the Mason jars of backyard pools.” But unlike Mason jars, this resurging throwback shows no sign of losing steam.“People in the country have been using stock tanks and clawfoot tubs as pools for years,” says Taysha Murtaugh, lifestyle editor for CountryLiving.com, an early chronicler of the DIY pool trend. “Many of our readers have told us they remember spending their summers in these ‘hillbilly hot tubs,’ as they’re affectionately called, back in the ‘50s … [Read more...] about Pool school: The perks of making your own oasis
Sections SEARCH Skip to content Skip to site index Health Subscribe Log In Subscribe Log In Advertisement Supported by the new old age Medicare Advantage plans will be allowed to cover adult day care, home modifications and other new benefits. But they may not be available to all enrollees every year. ByPaula Span July 20, 2018 Did you fall in the bathroom and fracture your hip? Medicare, if you have it, will pay thousands of dollars for surgery to repair the injury and thousands more for your resulting hospital stay and rehab in a nursing home. But Medicare wouldn’t have paid $200 to have grab bars installed in your bathroom, or covered the cost of a $22-an-hour aide to assist you in the shower — measures that might have helped you avoid the accident. For decades, public health experts, doctors, patients and families have lamented this narrow, often counterproductive approach to older Americans’ health care. … [Read more...] about Got Medicare Advantage? Prepare for New Perks — and New Questions.