Employee benefits provider You at Work has awarded its employees a £500 bonus to be paid out in November in response to the crisis in rising inflation and cost of living.
Bonuses are given to all staff except four senior management team members.
The provider made this announcement in its recent fiscal year-end review and also provided an update on the current benefits offered to its staff.
These include earlier starts, formalization of policies on requiring flexible working hours in the form of four-day weeks or nine-day biweekly, confirmation of additional holidays between Christmas and New Year, and private health insurance ( PMI) reconfirmation. Life Assurance, Dental and Employee Assistance Program (EAP).
You at Work currently offers employees 25 days of vacation, with an additional 5 days available for sale. We also offer access to payroll sacrificing pensions, benefits and lifestyle benefits, and discounted products and services funded by the employer’s National Insurance (NI) savings. Through its Benefit Portal.
The provider has also been running a cost-of-living crisis campaign called #makeyourpaygofurther for the past few months, detailing how employees can save up to £700 a year using e-gift card discounts on the portal. . Supermarket reward system.
Alicia Aldis, Director of Operations, You at Work, said: As a high performing company specializing in compensation and benefits, it is very important that we do what we preach. We aim to continually review what we can offer our staff, remind them of their key benefits, and assist them in any way we can. ”