Chief executive pay in the NHS has stalled at an average of £157,500 as a result of the Government’s salary freeze.
Figures from the Incomes Data Services (IDS) highlighted the end of the long-term trend of high wage growth in NHS boards.
The findings...
Pay awards are expected to remain suppressed at two per cent for private sector employees – 1.2 per cent below the forecast level of inflation.
Despite the low rise, most staff are expected to receive a wage increase. More than 75 per cent of respondents to XpertHR...
This year’s pay rises will reach an average of three per cent, marginally above inflation of 2.9 per cent, according to Towers Watson Data Services.
The Salary Budget Planning Report found that wage increases in Western Europe will be around three per cent. However, the...
Employee morale falls as businesses keep a tight rein on pay due to faltering confidence, according to Hay Group.
The majority of companies stated that they intend to increase remuneration, although at a rate below inflation. However, the Reward in 2012 report highlights that...
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 sector pay and pensions has found that savings...
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 carried out the study, found that two in five...
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 rise and bonus that they received in 2011, with...
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. The only banks to escape this regulation are those...
David Cameron has been warned about breaking the Military Covenant over pay and pensions.
There has been growing debate surrounding the issue of salary freezes in the armed forces and the planned one per cent cap on pay rises per year from 2013. However, the Daily Telegraph...
Public sector pay increases will only rise by an average of one per cent once the current freeze period has ended, the Chancellor has revealed.
The Autumn Review, announced earlier today, set out the need for continued reductions in public spending in order to “maintain...
Managing reward risks is a major concern for nearly
80 per cent of professionals in this field, with appreciation of total remuneration top of the agenda.
The annual Reward Risks Survey carried out by the Chartered Institute of Personnel and Development (CIPD) found that an...
Salaries in the UK are increasing but are failing to meet the cost of living, new research has revealed.
Wages rose by 2.5 and 3.1 per cent in 2010 and 2011 respectively, while price inflation was 4.4 per cent in July 2011, according to the Aon Hewitt European Salary Increase Survey...
Car makers are awarding pay rises in the region of four to five per cent, according to IDSpay.co.uk.
In the year to June the average rise was 3.4 per cent, up from zero last year. Despite the marked improvement for the automotive industry, one-third of the dozen major car producers still have...
More than half of employees have not received a pay rise in the past six months.
The findings from the Chartered Institute of Personnel and Development (CIPD) highlight the pressure that staff are facing over the take-home value of their wages.
The results also showed that around one in...
Alex Blyth asks if today’s chief executives are overpaid.
“Simply unacceptable.” That is how MPs described the decision by Network Rail to award Chief Executive Iain Coucher more than £1 million in bonuses while the organisation he led fell short of efficiency targets and performed 40 per cent worse than European counterparts.
It...
