HSBC’s hybrid policy links bonuses for staff to office presence
British bank and financial services group HSBC has told staff in its UK high street and commercial banking division that failure to meet its in-office presence threshold in hybrid working arrangements could result in reduced bonus payments. Employees were informed that performance reviews would take into account whether they were meeting the requirement to spend […]
Emburse optimizes travel and expense analytics to help organizations spend smarter
Emburse optimizes travel and expense analytics to help organizations spend smarter AI dashboards analyze all travel spending in context of supplier agreements and peer benchmarking Emburse announced today the launch of Emburse Travel Analytics, a solution designed to help finance leaders and travel managers optimize their spend, enforce compliance and gain insights that will drive […]
Building an inclusive culture at Media Zoo: Leadership lessons from Yasmine Alani
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Kota Raises $14,5 Million to Bring Employee Benefits into the Digital Age
Kota, with the Central Bank of Ireland’s approval, and support from Eurazeo Ventures, EQT Ventures, and Northzone, aims to modernise pensions and healthcare benefits for businesses across Europe. Kota, an Irish startup, believes that infrastructure is the problem and not intention. The company announced this week a $14.5M Series A funding round for its platform. […]
Number of Neet women rises but figures fall overall
There are 923,000 young people not in education, employment or training (Neet) in the UK, an overall decrease from the 930,000 recorded at the equivalent time last year. An estimated 12.5% of all people aged 16 to 24 years, new Office for National Statistics figures from January to March show. This was down 0.3 percentage […]
Sighing in frustration at colleague was discriminatory, judge rules
A worker was subject to disability discrimination after his manager repeatedly sighed and made ‘exaggerated exhales’, an employment tribunal has found. In a further tribunal case that brings into question how employers deal with neurodiversity, employment judge Raynor ruled that Robert Watson was discriminated against under sections 15, 20, 21 and 26 of the Equality […]
Teachers’ flexible working initiative extended
A successful initiative to improve teacher retention could lead to more teachers benefiting from flexible working. The government has announced that its Flexible Working Ambassadors Programme will be extended by another year. This programme allows teachers to plan their lessons at home, share jobs or work flexible schedules. The Department for Education’s (DfE) latest figures […]
Deloitte reduces salary increases and promotions
The accounting and consulting giant Deloitte told its UK staff that it would reduce promotions, lower the average salary increase, and cut bonuses due to reduced profits. Deloitte UK will increase salaries for UK employees by 2.9% next year. This is a decrease from the 5% rise in the previous year. The reason for this, […]
Unions ponder strike action after public sector pay announcement
Unions in the public sector have threatened to go on strike despite above-inflation pay rises being announced yesterday. The government confirmed it had accepted the recommendations from pay review bodies, granting pay rises of between 3.25% and 4.5% for the 2025-26 salary year. But a number of unions have claimed the pay offer is not […]
42% of UK companies now use AI for payroll
In the past 12 months, nearly a quarter (24%) of UK employers increased their investment in AI The UK leads the world in AI adoption for payroll. 42% of employers are already using AI-powered chatbots or agents to assist employees – almost 12% more than the European average. This number is likely to increase, according […]