News
MPs may be forced to join the public sector pensions squeeze by paying an additional 3.2 per cent into
their schemes.
Speaking at Prime Minister’s Questions, David Cameron, said: “We are public-sector workers as well and we...
European proposals for quotas of female board directors in banks are likely to be dropped, according to Mark Spinner, Partner at Eversheds.
It was suggested that a quota should be introduced to ensure that one-third of bank chiefs...
Submissions for the Pay & Benefits Awards are now being accepted.
The awards cover a range of payroll and benefits-related categories and will be presented during a spectacular black-tie dinner at 8 Northumberland, London, on 9...
Younger generations would save more into their pensions if they knew what the state offering was.
According to a survey for the National Association of Pension Funds (NAPF), nearly half of those aged between 18 and 34 would save more...
London firms are returning to “normal” as recruitment drives return and the number of redundancies fall.
According to the latest survey from the CBI and KPMG, London businesses are being cautiously optimistic about future...
The manufacturing sector is experiencing higher pay increases than the services sector, according to research published this week.
The median pay increase stands at three per cent for manufacturing industries, compared to only 1.5 per...
There are concerns that employers are ill-prepared for the approaching implementation of the Agency Workers Regulations (AWR).
From October, new legislation will give temporary workers the same rights as permanent staff, provided they...
The job market in the private sector is improving across professional and highly skilled staff; however, pay restraint remains across the economy.
The latest employment trends survey from the CBI and Harvey Nash – Navigating...
Talks between the Government and public sector unions over pension reforms are near breaking point, according to senior negotiators.
The chances of the meetings being cancelled is increasing following the reiteration that it will be...
The funding gap for local government pensions in England has reached a staggering £71.5 billion.
The figure has soared by 73 per cent from 2009, when the deficit stood at £41.3 billion. This collective total was discovered...
Civil servants and teachers will take part in a mass walkout after more than 600,000 of them voted in favour of industrial action.
The strike over pay, pension reform and jobs, set for
30 June, is likely to bring widespread disruption...
The Chartered Institute of Personnel & Development (CIPD) HR Software Show closed this afternoon after a successful two-day event.
The annual exhibition, held at Olympia in London, showcased software providers and their products,...
If UK industry does not resolve gender inequalities then the European Union (EU) is likely to take action, PricewaterhouseCoopers (PwC)has warned.
Speaking at a PwC conference on workplace diversity, its HR Consultant Dawn Nicholson...
Almost 40 per cent of employees are not going for regular sight tests despite employers’ obligation to offer the benefit, according to research by the organisers of National Eye Health Week.
The findings highlighted that these...
The level of confidence about the new Agency Workers Regulations (AWR) among employers has risen.
Less than a quarter of businesses would now reduce the number of agency staff they employ, compared to more than 60 per cent three years...
The National Minimum Wage (NMW) is to be kept at the heart of the Low Pay Commission (LPC) report in 2012.
The Government has set out its remit for next year’s report and has asked that the LPC continues to monitor, evaluate and...
Eric Lipkin could spend up to 70 years in prison after admitting has part in the multi-billion dollar fraud by Bernard Madoff.
In a hearing at the Manhattan federal court, the Payroll Manager told US District Judge Laura Taylor Swain...
Around a third of employees do not feel valued by their employer, according to research from Simplyhealth.
The Engaging Employees through Health and Wellbeing report highlighted the contrasts between employers’ and employees...
Transport costs should have more importance in employment schemes, according to the Trades Union Congress (TUC).
Recent figures from the Office for National Statistics highlighted the link between long commute times and high earnings,...
The Pensions Regulator has started to contact the largest organisations to inform them about auto-enrolment.
The Regulator is initially writing to around 600 companies to communicate the impending changes to pensions legislation and the...
Tesco is drastically changing its executive pay policy following a rebellion by investors last year.
The supermarket giant has implemented a performance share award to replace share options for executives. In addition, it plans to...
Around 25 per cent of workers are failing to make the most of their employee benefits offering, while almost a third are worried about their financial security at 60, research has revealed.
The Standard Life survey, which polled more...
Retirees may be granted access to pension funds during the early stages of their retirement.
Employers are expected to provide members of final salary pension schemes with an option to access more of their savings according to Towers...
The pay gap between private and public sector workers is increasing – in favour of those in the public sector.
Research from Policy Exchange reveals that salaries in the public sector continued to rise despite calls for pay...
Additional areas of employment law are to be reviewed as part of the Government’s drive to cut red tape.
Collective redundancy consultation periods, the Transfer of Undertakings (Protection of Employment) Regulations (TUPE) and...
Guidance for the upcoming Agency Workers Regulations (AWR) has been published by the Government.
The document is designed to help employers and the recruitment sector prepare for the AWR which come into effect in October. The...
Elliot Morley is now facing 16 months in jail for cheating on his expenses.
In April the former Environment Minister pleaded guilty to two counts of false accounting, in which he claimed more than £30,000 in fraudulent mortgage...
Women retiring this year will be £6,500 per annum worse off than men.
The retirement income gender gap highlights that men are expected to receive 50 per cent more than women. Research from Prudential’s Class of 2011 survey...
Long-term absence accounts for nearly one-third of all sickness leave.
According to figures from the CBI and Pfizer Absence and Workplace Health Survey, UK businesses lose 190 million working days every year. Around 32 per cent of this...
Workforce health is becoming a higher priority for multinational companies.
According to Towers Watson, employers are intending to put a greater focus on the health and wellbeing of their employees due to growing concerns over the price...
Highlighting the difference between tax and National Insurance (NI) was the resounding message from the Expatriate Payroll event held by Tolley Conferences.
The session began with popular Chairman, Mike Evans of MY Consultancy,...
Radical reforms to parental leave from 2015 have been proposed in a Government consultation.
The plans would mean greater working flexibility for working parents, as they could share their leave allowance in a number of different blocks...
Amendments to the new rules for disguised remuneration mean that employee trusts granting shares will not have to change pre-existing practices.
The Finance Bill will introduce disguised remuneration rules which may charge upfront...
A major concession has been made by HM Revenue & Customs (HMRC) to allow Electronic Data Interchange (EDI) for Real-Time Information (RTI) reporting.
As part of the Technical Pack, which has been published to help software...
The majority of FTSE 100 companies are preparing for the forthcoming pension reforms.
A Towers Watson survey revealed that 90 per cent of companies have started to consider the impact of the changes on their business and employee...
Pay award expectations have increased by 0.5 per cent to 1.7 per cent over the last quarter.
The Labour Market Outlook report from the Chartered Institute of Personnel and Development (CIPD) and KPMG revealed that, although pay...
Almost three-quarters of workers believe they are not reaching their potential and want more training.
A study carried out by Middlesex University found that employees are keen to extend their skills and would be willing to spend their...
Nearly a third of employees (29 per cent) are worried they might be out of job within the next 12 months.
According to the research from HSBC, those over the age of 55 in the public sector feel the most vulnerable at 37 per cent–...
Salary sacrifice arrangements for a car would be taken up by 80 per cent of those who use their own car for business purposes if their current one needed replacing.
This type of scheme appeals to employees as it allows them to access...
Companies are wasting money on ill-directed healthcare plans, according to Mercer.
Mental health issues are now the primary cause of staff absence, resulting in cost implications for employers that offer healthcare as a benefit....
State employees will have to work longer and pay more in to their pensions, according to a leaked discussion paper.
Talks between the Government and unions have revealed that Lord Hutton’s proposals to reduce the public sector...
Age, gender and education are the main issues which affect employees in the workplace.
According to research from The Inclusive Employers Foundation, 75 per cent of respondents said that they had experienced different treatment due to...
The Police Federation has spoken out against planned restructuring of officers’ pay and conditions.
Police leaders have been angered by the Independent Review of Police Officers’ and Staff Remuneration and Conditions. The...
Shareholders at Lloyds Banking Group have rejected its remuneration report which includes a £2.57 million payout for exiting Chief Executive Eric Daniels.
Nearly one in five shareholders voted against the pay report due to poor...
The cost of fuel is currently one of the most pressing concerns for fleet managers.
According to research from GE Capital, nearly one-third of leaders in charge of company vehicles rated fuel cost “10 out of 10” in...
The Minister for Pensions has urged employers to be honest and open with staff about auto-enrolment.
Under the new rules which come into effect in October 2012, employees will be automatically enrolled into a pension scheme. As a result...
