News – Page 168
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ArticleSheetz to invest $15m to increase employees' pay
US convenience store chain Sheetz is to invest more than $15 million this year to increase its employees’ pay.The organisation is making the investment in staff wages as part of its commitment to establish Sheetz as a great place to work and to offer a competitive compensation package for its ...
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Article50% of Europe's top-paid CEOs are in the UK
Half (50%) of Europe’s top 10 highest paid chief executive officers (CEOs) are based in the UK, according to research by the Executive Remuneration Centre at the Vlerick Business School.The study is based on the remuneration packages of the UK’s FTSE 100 and all listed organisations in Germany, France, Belgium ...
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ArticleUS court rules on back pay case for unpaid breaks
A US Court has ruled that publishing firm American Future Systems, which operates as Progressive Business Publications, is liable to pay staff back wages for unpaid rest breaks.The employees, who worked in telemarketing roles, claim that their pay was docked for virtually all time not spent making sales calls, which ...
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ArticleLeeds and Sheffield experience biggest UK pay growth
Leeds, Sheffield and Bristol experienced the largest salary growth among UK cities in 2015 compared to 2014, according to research by job vacancy website CV Library.Its study, which is based on salary data for job advertisements on its website, found that the average annual salary rose by 5% in Leeds ...
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ArticleNational Express gains living wage accreditation
National Express has been accredited as a living wage employer by the Living Wage Foundation.The Birmingham-based organisation has committed to pay all UK employees the living wage rate of £8.25 an hour, ensuring the same wage rate for all agency and contracted staff.The move will benefit around 350 employees.The living ...
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ArticleThe benefits of lego building, beer smelling and train pushing
Something for the weekend… From becoming a master lego builder to taking on the role of beer smeller, there are numerous unusual vacancies emerging onto the 2016 job market.Jobs such as the aforementioned could also mean a hefty pay rise for some employees, with roles such as a placenta chef ...
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ArticleNew York City mayor sets $15 minimum wage for government staff
The minimum wage for New York City government employees and those who provide contracted work for the city at social service organisations is to rise to $15 an hour by the end of 2018.Bill de Blasio, New York City mayor, has announced that the higher rate will benefit around 50,000 ...
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ArticleJunior doctors to strike in continued contract dispute
Junior doctors in England are to take industrial action next week in a continued dispute around the terms of their new contract.In November 98% of junior doctors balloted by the British Medical Association (BMA) voted for industrial action, including strikes, in response to changes to the contract, particularly around pay ...
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ArticleEqual pay for women is still a work in progress
In 1968, a strike by sewing machinists at the Ford Dagenham plant led to the introduction of the Equal Pay Act 1970, which prohibited any less favourable treatment in terms of pay and working conditions between men and women.Yet, despite its initial promise and intentions, just over 45 years later, ...
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Article61% of City workers would move jobs if remuneration expectations are not met
Around two-thirds (61%) of City worker respondents are prepared to move jobs if their compensation package expectations are not met, according to research by recruitment firm Astbury Marsden. This is up from 51% in 2014 and 45% in 2013.The study, which surveyed 1,060 employees who work in the city, also ...
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ArticleEXCLUSIVE: Danwood to pay all staff the national living wage
EXCLUSIVE: Printing services organisation Danwood is to pay the national living wage rate of at least £7.20 an hour to all of its 1,144 employees.Danwood will implement the national living wage rate from 1 January 2016, in advance of the wage becoming a legal requirement in April 2016.Although it is ...
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ArticleKPMG partner remuneration decreases by 13%
Average remuneration for partners at professional services firm KPMG fell by 13% from £715,000 in 2014 to £623,000 in 2015, according to its UK annual report 2015.KPMG UK currently employs 617 partners and 11,652 members of staff, an increase of almost 3% compared to 2014.Its chairman’s pay for the year, ...
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Article71% believe CEO pay is too high
Almost three-quarters (71%) of respondents believe that chief executive officer (CEO) pay in the UK is too high or far too high, according to research by the Chartered Institute of Personnel and Development (CIPD).Its study, The view from below: What employees really think about their CEO’s pay packet, which surveyed ...
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ArticleTotal pay increases by 2.4%
Total pay, including bonuses, for employees in Great Britain increased by 2.4% between August and October 2015, according to the latest figures from the Office for National Statistics (ONS).Its Labour market statistics, December 2015 also found that pay excluding bonuses increased by 2% between August and October.In real terms, for ...
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ArticleNational Grid extends living wage commitment to apprentices and interns
National Grid has extended its living wage commitment by paying the voluntary rate to its apprentices, interns and graduates.The gas and electricity utility organisation received its living wage accreditation in September after it committed to paying all employees and third-party contractors the Living Wage Foundation’s recommended rate.The voluntary rate, which ...
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ArticleCouncil employees receive two-year pay rise offer
Council employees have been offered a 2% pay increase over two years starting from April 2016.The pay offer proposes that staff who earn at least £17,714 a year receive a 1% pay rise in April 2016 and another 1% increase in April 2017. Those on lower salaries would receive higher ...
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ArticleMilton Keynes Council receives living wage accreditation
Milton Keynes Council has been accredited as a living wage employer by the Living Wage Foundation.The council has been paying its 2,600 employees the living wage rate of £8.25 an hour since April 2015.The council has now committed to ensuring employees of contractors who work for at least two hours ...
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Article39% have communicated national living wage to staff
Just over a third (39%) of respondents have communicated the upcoming implementation of the national living wage to staff, according to research by the Department for Business Innovation and Skills (BIS).Its survey of 1,000 employers also found that 63% of respondents know which employees in their organisation should receive the ...
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ArticleBritish Gas holiday pay case reaches tribunal
The Employment Appeal Tribunal (EAT) is to hear a case regarding holiday pay from British Gas on 8 and 9 December.The case of Lock v British Gas, which will be heard by the EAT in London, could bring employers a step closer to receiving some certainty over the position regarding ...
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ArticleConsultation opens on income tax and national insurance alignment
The Office of Tax Simplification (OTS) has launched a consultation to establish where the complexities lie in the differences between income tax and national insurance (NI) contributions, and to seek views on how the system could be simplified.The government has commissioned the OTS to examine the potential for aligning income ...