News – Page 118
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Alice Honeywill: Will a bonus for new mothers sufficiently address the gender pensions gap?
I read with interest the June 2019 report that consumer association Which? published in collaboration with the Pension Policy Institute (PPI) entitled Top up the pots: Achieving adequate retirement incomes with automatic-enrolment.The reports looks at a variety of different areas, with one suggestion in particular that the state should award ...
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ArticleTim Pike: Will a bonus for new mothers sufficiently address the gender pensions gap?
Gender inequality in pension saving leads to an imbalance of finances within families and risks leaving women vulnerable at particularly sensitive times.Mothers who have not worked, but have instead taken time to raise a family, rate their financial wellbeing worse than any other group, according to the Wellbeing, health, retirement ...
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ArticleGareth Shaw: Will a bonus for new mothers sufficiently address the gender pensions gap?
The gender pension gap, which sees women retiring with less money than men, is rooted in a number of different issues. One of the main driving forces behind this, though, is the motherhood pension penalty.Automatic-enrolment into workplace pension schemes has been hugely effective in encouraging people to save for later ...
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ArticleLincolnshire County Council health visitors continue industrial action in pay dispute
Health visitors, trained nurses who attend patients at home, employed by Lincolnshire County Council and who are members of the trade union Unite, are hosting demonstrations over the next three days, in relation to an ongoing pay dispute.The demonstrations are to take place today (Wednesday 7 August 2019) at Marshall's ...
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ArticleLineside Logistics staff at Ford's Dagenham plant vote to accept one-year pay deal
Approximately 300 contract staff employed by on-site logistics organisation Lineside Logistics, based at car manufacturer Ford’s plant in Dagenham, have voted to accept a one-year pay deal.The agreement, negotiated with trade union Unite, awards employees a 3% pay rise, backdated to 1 July 2019.The pay deal further confirms financial improvements ...
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ArticleSuez enhances paid parental leave for 2,800 staff in Australia
Resource management organisation Suez has enhanced its paid parental leave benefits for 2,800 employees based in Australia.Announced on 24 July 2019, the improved policy, which became effective on 1 July, enables primary carers to take up to 14 weeks of paid parental leave immediately after the birth of their baby, ...
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ArticleApproximately 250,000 UPS staff receive back pay and wage increase
Approximately 250,000 full and part-time employees at American package delivery and supply chain management organisation United Parcel Service (UPS) are set to receive a pay increase and back pay as a result of a new collective bargaining agreement.The deal, negotiated in conjunction with north American trade union Teamsters, includes a ...
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ArticleYorkshire-based Drax employees vote to accept two-year pay deal
Staff employed by energy organisation Drax, based at its Selby power station in Yorkshire, have voted to accept a two-year pay deal.Under the agreement, staff members across all pay bands, including apprentice grades, will receive a 2.8% pay increase, backdated to 1 January 2019. In addition, from 1 January 2020, ...
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ArticleLewisham Council proposes paid parental leave scheme for councillors
Local authority Lewisham Council is planning to amend its scheme of allowances for council members, in order to facilitate a paid parental leave scheme.In a council meeting held on Wednesday 24 July 2019, attending councillors approved the proposal that the allowances scheme for members be amended in order to accommodate ...
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ArticleStansted-based Stobart Aviation Services check-in staff receive 10% pay rise
Passenger service staff based at Stansted Airport and employed by Stobart Aviation Services are to receive a 10% pay increase, in an effort to mitigate scheduled strike action.The pay deal, negotiated by the trade union Unite, will see 43 check-in employees receive a 10% pay rise with immediate effect. The ...
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ArticleTowie stars boycott ITV summer party in pay dispute
Something for the weekend: Cast members of popular reality TV show The Only Way Is Essex (Towie) have boycotted television studio ITV’s annual summer party in strike against their £100-a-day pay packet.Stars of the show were well jel of the wages awarded to other celebrities on ITV’s roster, leading to ...
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ArticlePostal association to take legal action against US Postal Service in pay dispute
The National Association of Postal Supervisors (NAPS) has filed a lawsuit against the US Postal Service for failing to align the pay of supervisors, managers and professional employees with federal law.The postal association filed legal action in the United States District Court for the District of Columbia on Friday 26 ...
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ArticleMedian salary for graduate jobs rises by 1.25%
The median salary for graduate job roles has increased by 1.25% in the last year, rising from £27,654 to £28,000, according to research by Incomes Data Research (IDR).The Graduate and apprentice pay 2019 report, based on research conducted in spring 2019 using information from 56 UK-based organisations that employ a ...
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ArticleEY, London City Airport and Schroders sign up to new Good Work Standard
Professional services organisation EY, London City Airport and asset wealth firm Schroders are among the employers that have signed the Good Work Standard, a new benchmark that recognises businesses for implementing and maintaining high employment standards, such as paying staff at least the voluntary London living wage.The Good Work Standard ...
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ArticleTaxi drivers have received a 72% pay increase since 2008
Out of a selection of 200 UK occupations, taxi drivers have received the largest pay increase, of just over 72%, between 2008 and 2018, according to research by Comparethemarket.The analysis, which is based on earnings data published by the Office for National Statistics (ONS) between 2008 and 2018, found that ...
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ArticleNorthern Ireland Civil Service staff strike in pay and conditions dispute
Staff employed by the Northern Ireland Civil Service (NICS), who are members of the trade union Northern Ireland Public Service Alliance (Nipsa), are today (Friday 26 July 2019) undertaking strike action in a dispute on pay and employee terms and conditions.The industrial action includes two rallies, due to commence at ...
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ArticleInvestment banking analyst is UK's highest paid entry-level role for 2019
The position of investment banking analyst is the highest-paying entry-level job role in the UK for 2019, with a median base salary of £50,752 a year, according to research by Glassdoor.Its 10 Highest-paying entry level jobs list identifies those roles, excluding internships, with the highest median annual base salaries, as ...
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ArticlePenguin Random House reports a 9.1% gender pay gap for 2019
Publishing organisation Penguin Random House has reported a 9.1% mean gender pay gap for fixed hourly pay as at April 2019; this compares to a 9.3% mean gender pay gap the organisation reported for April 2018.The organisation reported its gender pay gap data in line with the government’s reporting regulations ...
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ArticleIncreases to public sector wages include highest pay award for armed forces since 2007
Secretaries of State have this week (Monday 22 July 2019) confirmed pay increases for public sector staff, including hospital doctors, teachers and military personnel.The pay awards have been agreed following recommendations from seven independent pay review bodies.The Department of Health and Social Care confirmed proposals laid out by the Review ...
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ArticleNearly two million UK employees do not receive their minimum paid leave entitlement
Nearly two million (1.96 million) UK employees do not receive the minimum entitlement of paid annual leave, according to research conducted by the Trades Union Congress (TUC).The analysis, based on the Office for National Statistics’ (ONS) Labour force survey data for quarter four of 2018, also found that 1.145 million ...