News – Page 170
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Article
Pay strategy
The latest analysis, news, case studies and opinion in relation to pay strategy covering areas such as pay awards and deals; the gender pay gap and gender pay gap reporting; pay disputes and strikes; payroll systems and outsourcing; and the living wage.
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ArticleBaker Tilly acquires Employer Services
Baker Tilly has acquired payroll, human resources solutions and business services firm Employer Services (ESL).The acquisition aims to expand on the services and expertise Baker Tilly offers to employers and enhance its existing outsourced payroll service.All 45 staff at ESL based in Brentwood, Essex, will join Baker Tilly. Stuart Hall, ...
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ArticleFTSE 250 CEO remuneration declines by 3%
The median level of total remuneration received by chief executive officers (CEOs) in the FTSE 250 fell by 3% last year, according to research by FIT Remuneration Consultants.Its annual FTSE 250 directors’ remuneration survey also found that 31% of CEOs received no salary increase, down from 33% the previous year.The ...
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ArticleUK pay rises to reach 3% in 2015
Average real-time pay rises in the UK are set to reach 3% in 2015, according to research by Towers Watson.Its Salary budget planning report, which had 8,000 responses from organisations across 110 countries, also found that the average pay increase in Germany is expected to be 2.9%.Respondents from Italy, France, ...
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ArticleMidlandHR holds staff events to celebrate National Payroll Week
Employees at human resources and payroll service provider Midland HR are taking part in a range of activities to mark National Payroll Week (NPW).The organisation, which employs 500 staff, will host events at its HR Outsourcing (HRO) Centre in Nottingham (pictured). The activities are themed ‘It plays to learn’, in ...
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ArticleGovernment's gender pay gap consultation closes
The government consultation on gender pay gap reporting closed to responses on 6 September, after launching on 14 July.The aim of the consultation is to establish the details of the government’s plans to make it compulsory for large employers to publish the average salaries of male and female staff. Its ...
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ArticleGovernment steps up penalties for national wage non-compliance
The government has doubled the penalty fines for employers that do not pay their staff the national minimum wage and new national living wage.Under the new measures, those found guilty of not paying the appropriate rate will be considered for disqualification from their director role for up to 15 years.The ...
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ArticleOliver Bonas receives living wage accreditation
Independent high street retailer Oliver Bonas has been accredited as a living wage employer, meaning that all staff will now be paid at least £7.85 an hour.Oliver Bonas has committed to paying all directly employed staff, as well as third party contractors, the living wage.This includes employees across its 43 ...
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ArticleSainsbury’s to award staff 4% pay rise
Sainsbury’s is to give some 137,000 store-based employees a 4% salary increase.The pay rise, which will come into effect from 30 August, will increase Sainsbury’s standard rate of pay to £7.36 per hour.This is the highest pay increase for store staff that the supermarket has awarded in more than a ...
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ArticleDeloitte reports 18% gender pay gap
Deloitte has revealed that its male staff are paid 18% more than their female counterparts.The accountancy firm is due to publish details of its gender pay gap next week in its annual Impact Report. It supports prime minister David Cameron’s proposals to require larger businesses with more than 250 employees ...
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ArticleWorkers at Stansted Airport to strike over pay
Some 30 security scanner operation staff at Stansted Airport plan to take industrial strike action over a pay rise dispute. The security scanner operators were offered a salary increase of 1.5%, which they rejected.They are calling for a pay rise of 3%.The strikes, which are planned for 23 and 31 ...
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Article98% of US employers plan pay rises for 2016
Almost all (98%) of US-based respondents are planning pay increases for their staff in 2016, according to research by Towers Watson Data Services.The survey of 1,116 US employers, published in August 2015, also found that executives and management can expect average increases of around 3% in 2016. The research also ...
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ArticleCEOs paid 183 times more than average worker
Chief executive officers (CEOs) currently earn around 183 times more than the average worker in the UK, according to research by The High Pay Centre.The research, which compared disclosed FTSE 100 executive pay recorded by organisations in their annual reports, also found that FTSE 100 CEO pay reached £4.964 million ...
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ArticleGovernment to end union fee payments
The government plans to end state-run trade union subscription payments for all public sector workers.Under the current employer-administered process, known as ‘check off’, subscriptions are taken directly from the salaries of public sector employees that are union members.Following the removal of this practice, staff will instead pay union subscriptions by ...
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ArticleUS employers must reveal CEO and median staff pay gap
The US Securities and Exchange Commission (SEC) has adopted a final rule that will require public employers in the US to disclose the difference in pay between the chief executive officer and the median compensation received by other employees.Organisations can choose what methodology they use to identify their median employee ...
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Article32% of London workers are motivated by non-monetary benefits
Around a third (32%) of workers in London are most motivated by non-monetary benefits, selecting them as a key differential when looking for work, according to research by NGA Human Resources.The study, which surveyed 1,500 people working full-time in UK-based organisations, also found that around three-quarters (76%) of Londoners say ...
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ArticleUber faces legal action over workers’ rights
App-based taxi firm Uber is facing legal action from the National Union of General and Municipal Workers (GMB) over claims that it has breached its legal duty to provide staff with basic rights around pay, holiday, health and safety, and discipline and grievances.GMB has appointed law firm Leigh Day to ...
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ArticleSports Direct staff to receive £155 million in bonuses
Some 2,000 managers and permanent staff at Sports Direct are to receive £155 million in bonuses, worth approximately £77,000 each in a staggered payout, after beating set targets.Bonuses for the 2,000 staff relate to a performance share scheme introduced by Sports Direct in 2011.The payout was triggered when the group ...
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ArticleBBC employees paid £54,000 on average last year
Staff at the BBC were paid £54,000 on average last year, according to the BBC’s Annual Report and Accounts for 2014/15.The report also revealed that, of the broadcasting organisation’s 18,974-strong workforce, the wage bill for those earning more than £1 million increased by 22%.Tony Hall, director-general of the BBC also ...
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ArticleSainsbury’s staff bring legal action over equal pay
Sainsbury’s faces legal action from four female shop-floor employees over claims that male employees are being paid more, despite doing comparable work.If successful, the members of staff may be entitled to six years’ back pay for the difference in earnings.Three of the employees are working in the Shrewsbury area and ...