Category Archives: Reward

News and information on pay, benefits, pensions etc

UK pilots claim ‘victory’ over BA on holiday pay

UK pilots have claimed a “huge victory” after a European court ruled British Airways should base holiday pay on overall earnings not just basic pay. The British Airline Pilots’ Association (Balpa) said the European Court of Justice verdict would affect … Continue reading

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Staff don’t want to discuss salaries – let alone payrises – with employers

UK employees’ salaries are not up for discussion, especially with employers, according to new findings from Scottish Widows’ Dare Not Ask survey, published on 1st September 2011. Almost half of the 2,074 employees surveyed (49%) are not prepared to discuss … Continue reading

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Line managers need guidance so they can effectively communicate with employees

There were some interesting nuggets in among the expected in the latest CIPD survey on pay. A desire to increase pay and benefits has become the main reason that employees want to change jobs, the CIPD revealed. Pay overtook ‘improving … Continue reading

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Employee Benefits Workplace Savings and Pensions Research 2011: Legislation

Employers are focusing on the effects of next year’s pension reforms, including how to mitigate any increased costs from compliance. With the Pensions Act 2008 due to begin taking effect next year, employers must increasingly consider the impact it will … Continue reading

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Employee Benefits Workplace Savings and Pensions Research 2011: Key Findings

Employee Benefit’s survey, which was carried out in June 2011 among readers of Employee Benefits magazine and users ofhttp://www.employeebenefits.co.uk, received 261 responses KEY FINDINGS • 74% say complying with the 2012 pension reforms will increase costs. • 38% intend to review future … Continue reading

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The bosses who cashed in loyalty bonuses as they walked out of the door

Shareholder anger over executive pay is increasingly focusing on large retention payments offered to directors who leave soon after collecting them. Here is Aon Corporation chief executive Greg Case speaking in 2006, having struck a deal to keep Aon Ltd … Continue reading

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Olympic chiefs line up for huge redundancy payouts

The head of the London Olympics is in line for a redundancy pay-out when the Games has finished. Former Goldman Sachs banker Paul Deighton, 55, is among up to 2,000 Olympics staff who will be entitled to payments after London … Continue reading

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Salaries for top executives are rocketing ‘out of control’

A new investigation shows pay inequality is accelerating in Britain, with top bosses set to earn 215 times the average wage by 2020. It also demolishes the arguments they put forward to support their astonishing incomes. Britain’s bosses are pocketing … Continue reading

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More graduates taking low-skill jobs

University leavers are increasingly taking non-graduate jobs, according to research. Six months after leaving university, about 40% of last year’s graduates were “underemployed” in lower-skilled jobs, up from about 30% four years before. The research, published by the Association of … Continue reading

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Teachers to vote on strike over changes to pensions

The coalition government faces mounting opposition to its austerity programme after two of the main teaching unions voted to ballot members for a national strike over pension changes. A one-day strike could close schools as early as June, affecting millions of children. … Continue reading

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