Category Archives: Reward

News and information on pay, benefits, pensions etc

It’s more important for women to be likeable than competent when aiming for promotion

Academic research reports it is more important for women to be ‘likeable’ rather than good at their job if they want a pay rise or promotion. New research from Melbourne Business School has found that it’s more important for women … Continue reading

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UK gender pay gap is typically over £4,907 annually

UK men typically earn between £4907 and £7491 annually more than women, according to a survey released yesterday. The salary survey was carried out by online finance tool, MySalaryCalculator.co.uk and the results analysed by Dr David Fishwick, head of maths … Continue reading

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Is auto-enrolment the first step on a road to wholly employer funded pensions?

The Olympic Games have passed without incident; meaning only two major events still have the potential for cataclysmic consequences for the UK in 2012. The first event is the ‘2012 phenomenon’, which comprises a range of eschatological beliefs, claiming transformative … Continue reading

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Employers continue to struggle to fund wages that keep pace with inflation according to latest CIPD report

Good management to support employees and maintain employee engagement is more important than ever Despite welcome news today that inflation dropped to 3% in April, the Chartered Institute of Personnel and Development (CIPD) is warning that employers are continuing to … Continue reading

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Public sector national pay rates will be scrapped in budget

George Osborne will say that public sector employees in poorer parts of the country should have their pay frozen until it is brought into line with local private sector workers. Mr Osborne originally intended to introduce local pay rates in … Continue reading

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Public sector workers ready to fight for pensions

Support for industrial action increased by almost four percentage points to 37% since last year, when more than a million and a half public sector employees went on strike, a survey of 1,000 workers by recruitment firm Badenoch & Clark … Continue reading

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Executive pay to be linked to rank-and-file salaries

Vince Cable, the Business Secretary, said that shareholders would get new powers to enforce executives’ pay deals, and that they would be told to take account of “pay differentials” between the best-paid and ordinary workers. Independent analysts said the changes … Continue reading

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EU pensions regime could cost UK employers £500 billion and decimate jobs market, experts claim

Employers would have to inject at least £300 billion into their final salary (defined benefit) pensions if a new EU law goes ahead, causing damage to the UK economy and jobs market. The National Association of Pension Funds (NAPF) warned … Continue reading

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Pensions cuts: ministers are not telling truth say unions

The row over pension reform that is set to bring two million workers out on strike on Wednesday has become increasingly bitter as Britain’s top trade unionist accuses ministers of “deliberately misrepresenting” the income public sector workers will receive in … Continue reading

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Unions launch pensions legal challenge

Public-sector unions will today open up a new front in their battle with the Government over pension reform with a legal challenge to recently introduced rules over the way annual increases are calculated.   Six unions are taking action in … Continue reading

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