News
Workers are taking home £60 billion less than 30 years ago, according a report published by the Trades Union Congress (TUC).
In 1978 the wage bill in the UK represented 58 per cent of gross domestic product; it is now 53....
Reforms to public sector pensions will make “little or no difference” to the long-term costs of provisions, according to the Institute for Fiscal Studies (IFS).
Research into the Government’s plans for public...
Bonuses are “still out of control” according to the Trades Union Congress (TUC), despite Stephen Hester relinquishing his share bonus worth £963,000.
The Chief Executive of the Royal Bank of Scotland (RBS),...
Anger is mounting after Stephen Hester, Chief Executive of the Royal Bank of Scotland (RBS), was awarded nearly £1 million in shares for his performance in 2011.
Remuneration at the bank, which is 83 per cent owned by the...
Top performers are to be singled out for additional rewards at more than 40 per cent of organisations.
Research from Curo Compensation and Digby Morgan found that the focus of pay professionals had moved away from cost control...
The majority of employers are in favour of introducing employment tribunal fees – nearly 80 per cent said that they thought it would reduce litigation.
The findings from Eversheds also highlight that there is support for...
Revised auto-enrolment and employer contribution dates have been released by the Department for Work and Pensions (DWP).
Steve Webb has confirmed that medium-sized businesses have been re-allocated implementation times for auto...
UK businesses are in favour of a reduction in the 90-day collective consultation period for redundancy, according to research.
A timeframe of 30 to 45 days was thought to be more appropriate and workable by 80 per cent of...
Vince Cable has revealed plans to reform executive remuneration.
Outlining his proposals in Parliament, the Business Secretary put forward a four-pronged package. He aims to provide greater transparency, more shareholder power...
The Prime Minister has come under more pressure to prevent a bonus payment to Stephen Hester, Chief Executive of Royal Bank of Scotland (RBS).
Opposition Leader, Ed Miliband, has called on more restraints for bankers’...
Charging for bringing an employment tribunal case has been branded “chequebook justice” by the Trades Union Congress (TUC).
The union has hit out at Government plans to introduce fees arguing that it will have a...
Doctors have voted against proposed changes to the NHS pension scheme, which they deem unacceptable.
The British Medical Association (BMA) has polled it members, which include doctors and medical students, over a move to a...
Unilever workers are to strike over changes to the final salary pension scheme which will see it moved to a career-average arrangement.
Unions including Unite, GMB and Usdaw, claim that members will be 20–40 per cent...
Goldman Sachs is set to reveal that it pays its top UK employees an average of £4 million, according to
media reports.
The revelation from the Guardian comes ahead of the investment bank’s full-year report. Thanks...
Companies that offer shares to their workers will
receive tax breaks under proposals to be announced by Nick Clegg.
The Deputy Prime Minister has put forward plans to create a John Lewis style of economy, where businesses are...
Employee benefits providers have welcomed an indication from David Cameron that plans to abolish child benefits for higher-rate taxpayers will be reconsidered.
The proposal to scrap the relief for any household which has an...
The countdown is officially under way – there’s now only a month to go until the prestigious Pay & Benefits Awards 2012.
On 9 February 2012, the crème de la crème of the profession will be honoured during a...
Big businesses are backing an initiative to formally advertise internships and to pay interns either a wage
or expenses.
Nick Clegg’s social mobility rules have been designed to give all candidates an equal chance of...
Fiddling expenses is seen as a legitimate way of supplementing their income by one in five employees, but only in cases where they work long hours and are not paid overtime.
A study, carried out by YouGov on behalf of Concur,...
Nearly a third of employers are likely to terminate temporary staff assignments early as a result of the Agency Workers Regulations (AWR).
According to the Association of Professional Staffing Companies (APSCo), which polled...
Plans to abolish the 50p Income Tax rate have been ditched as the result of mounting political pressure, reports have revealed.
The Prime Minister and Chancellor have decided that the additional rate will not be scrapped until...
Michael Woodford is to put forward a case of unfair dismissal after he was told that he could not return to work following his allegations of an accounting scandal at Olympus.
The former Chief Executive admitted defeat after...
The National Association of Pension Funds (NAPF) has hit out at plans to introduce new European Union (EU) pension regulation, claiming the EU “should not try to fix a problem that does not exist”.
The NAPF has sent...
Communication is key to ensuring that staff remain motivated when decisions over pay are made, according to research from the Employee Attitudes to Pay survey.
The Chartered Institute of Personnel and Development (CIPD), which...
Ministers have vowed to take action against excessive pay awards in order to ensure that the pain of austerity measures is shared by all, reports have revealed.
The Government has reinforced its aim of tackling remuneration...
Employees are losing confidence in reward and how it compares to their work, according to research from the Chartered Institute of Personnel and Development (CIPD).
Many workers have been left unsatisfied with the level of pay...
MPs should be given flat-rate allowances in order to cover their costs, according to findings from the Committee on Members’ Expenses.
A range of proposals have been set out following a review of Parliamentary Standards. The...
The Managing Director of Kent County Council (KCC) is to leave her position with a reported six-figure sum.
Katherine Kerswell will depart after only working 18 months of her four-year contract. However, it is not clear whether she...
UK workers have one of the most generous statutory holiday provisions in the world, according to research from Mercer.
The findings show that Western European countries provide the highest amount of compulsory leave, compared...
Employers are being urged to ensure that they understand and are ready for auto-enrolment as the start date moves closer.
There are fewer than 300 days left until employers will have to begin automatically enrolling their staff into a...
Dave Hartnett, Permanent Secretary at HM Revenue & Customs (HMRC), has announced he is to retire by the end of the summer after his infamous deal with Goldman Sachs.
The 60-year-old made the headlines in October 2011 after it...
Significant business risks have been highlighted when account numbers and sort codes are not validated as part of the payroll process.
All respondents of a recent survey carried out by Albany Software and the Chartered Institute of...
Proposed European (EU) pension regulations could increase costs for organisations at a time when deficits are already impacting on expansion.
Findings from an CBI and Towers Watson survey have highlighted major concern from leaders...
More than half of fleet operators do not have eyesight testing practices in place for their drivers.
The Fleet Safety Forum campaign is urging companies to ensure that they have eye testing policies.
Research has shown that 42 per...
A total of 63 per cent of office staff say they feel restrained by the traditional nine-to-five shift pattern.
Research conducted by 2e2, an ICT services company, found that more than half thought they were more productive carrying...
A switch to the Consumer Prices Index (CPI) for measuring inflation for public sector pensions is lawful, according to the High Court.
The move from the Retail Prices Index (RPI) to the CPI has been welcomed by James Walsh, Senior...
The value of childcare vouchers (CCVs) would need to rise to £83 per week for basic rate taxpayers in order to offset the rise in costs.
Research from the Social Market Foundation (SMF) has found that parents are paying more due...
More than 80 per cent of businesses are going beyond the statutory obligations for sick leave.
Research from Unum and Personnel Today has found that 67 per cent of employers will continue to financially support their employees for up...
Stress-related absence is on the increase, with 87 per cent of employers agreeing that the number of staff off sick due to stress has risen.
The Chartered Institute of Payroll Professionals found that more than two-thirds of...
The Supreme Court has backed employers by dismissing an employee’s claim over when he could take his holiday.
In Russell v Transocean a number of offshore oil and gas workers were contracted to work a pattern of two weeks...
Businesses are being urged to be prepared for the Agency Workers Regulations (AWR) as the 12-week qualifying stretch comes to an end.
The initial period ended on 24 December for those who were employed as of 1 October 2011. The...
Despite three-quarters of employers being aware of the impending pension reforms, only 32 per cent know when the new rules will apply to them.
The Chartered Institute of Personnel and Development (CIPD)’s Labour Market...
The gender pay gap has fallen below 10 per cent for the first time, according to figures from the Office for National Statistics.
The difference between women’s and men’s median pay for full-time hourly earnings, excluding...
Public sector salary increases are to be capped at one per cent following the end of the current pay freeze.
George Osborne announced the move as part of the Autumn Statement, along with other austerity measures and a programme to promote...
The earnings of the highest paid eight individuals at UK banks should be revealed, according to a Government proposal.
The information, to be anonymously disclosed, would affect institutions with more than £50 billion worth of assets....
Small businesses will not have to auto-enrol their staff until May 2015 – more than a year after the original schedule.
The Minister for Pensions, Steve Webb, has confirmed that companies employing fewer than 50 members of staff...
Mediation is to become central to the Government’s employment tribunal system reforms, revealed Vince Cable.
The Business Secretary has set out various changes to the current process in order to curb the number of claims that...
The 90-day consultation period for large-scale redundancies is to be reviewed.
A call for evidence has been launched after questions were raised over its necessity and to ascertain how businesses consult with workforce representatives. It will...
Workers educated to degree level earn more in the private sector according to the Trades Union Congress (TUC).
An analysis of the Annual Survey of Hours and Earnings from the Office for National Statistics showed that employees with a...
