All Pay strategy articles – Page 130
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ArticleGovernor of Florida to increase starting salary for more than 101,000 teachers
Governor of Florida Ron DeSantis has announced plans to increase the minimum starting salary for teachers in Florida, raising annual wages from $37,636 (£29,941.88) to $47,500 (£37,789.34).The suggested pay rise, which could benefit more than 101,000 teachers working in the state, forms part of DeSantis’ proposed 2020 budget recommendation.DeSantis said: ...
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ArticleNorton Rose Fulbright improves newly qualified associate pay by £7,500
Law firm Norton Rose Fulbright has increased pay for its newly qualified associate population, improving wages by £7,500.Effective from 1 January 2020, newly qualified associates in their first working year will receive £87,500 a year in basic pay; previously, lawyers with this experience earned £80,000 a year.The new base salary, ...
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ArticleThink tank recommends that employers publish wage and progression data
Independent think tank The Social Market Foundation (SMF) has recommended that organisations publish data on wages, career progression, training budgets and HR practices in order to influence remuneration decisions and mitigate low pay.The Pay progression for low-paid workers – Research paper 2: The role of corporate decision-making report, published today ...
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ArticleHelen Hargreaves: What are the implications of the cryptocurrency pay movement?
With the gig economy changing the work landscape, it is hardly surprising that the financial landscape, and how workers may be paid in the future, is also under scrutiny. With this in mind, are crypto-payments a likely next step?There are already platforms available which make it possible for employees to ...
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ArticleTim Bird: What are the implications of the cryptocurrency pay movement?
In August 2019, New Zealand became the first country to legally back organisations paying employees in digital, rather than fiat, currencies.Crypto wage payment has been happening in South Africa, Australia and Japan for some time, although without explicit support from tax authorities, and NFL football stars in the US recently ...
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ArticleKam Dhillon: What are the implications of the cryptocurrency pay movement?
Cryptocurrency is a rapidly evolving niche that, frankly, has the potential to shake up the global banking system. Indeed, financial markets, industry and technology are evolving rapidly, and the cryptocurrency pay movement is indicative of this innovation.The movement is particularly beneficial for those who do not have access to traditional ...
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ArticleDaisuke Nishihara: What are the implications of the cryptocurrency pay movement?
In February 2018, we at the Tokyo-based GMO Internet Group introduced a system that enables our employees to receive part of their salaries in bitcoin for the March pay period, if they wish to do so.This system was established with the aim of encouraging employees to improve their cryptocurrency literacy, ...
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ArticleSavills gains living wage accreditation
Property advice organisation Savills has been accredited as a living wage employer by the Living Wage Foundation.The organisation has committed to paying its 6,300 permanent UK-based employees, as well as any third-party contractors, at least the voluntary living wage rate of £10.55 an hour for staff working in London, or ...
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OpinionKevin Jones: When should voluntary overtime be accounted for in holiday pay?
Under the Working Time Directive, all employees have the right to a minimum of four weeks paid annual leave. In other words, staff must receive their normal pay while on holiday.However, in June 2019, the N Flowers and others v East of England Ambulance Trust case, heard at the Court ...
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ArticleAllen and Overy reports a 17.1% mean gender pay gap for London staff
Image credit: DutchMen / Shutterstock.comLaw firm Allen and Overy has reported a 17.1% mean gender pay gap for its London-based employees’ fixed hourly pay, as at 5 April 2019; the organisation reported a 20% mean gender pay gap for April 2018.The firm reported its gender pay gap data in line ...
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ArticleConservative party pledges to reduce age threshold for national living wage
During the 2019 Conservative Party Conference, held at Manchester Central between 29 September and 2 October 2019, chancellor of the exchequer Sajid Javid (pictured) committed the party to reducing the age threshold for the national living wage from 25 to 21, in recognition of younger employees' workplace contributions.Javid told conference ...
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ArticleEXCLUSIVE: Metropolitan Police uses returners programme to address pay gap
Employee Benefits Live 2019: The Metropolitan Police Service has taken steps to address its gender pay gap and increase female representation in its workforce, using its women’s returners programme.The programme, which is a high-level internship scheme, aims to support female officers in the return to work after a career break.Addressing ...
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AnalysisHow benefits can open up the talent pipeline to promote diversity and inclusion
Need to know:Pay transparency encourages the clarifying and codifying of progression structures, and allows for merit and value to be rewarded free from unconscious bias.Effective use of data analytics, as well as staff input and open dialogue, can help employers to better understand the priorities of a workforce, rather than ...
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Case StudiesPinsent Masons adopts a multi-faceted approach to creating inclusive talent pipeline
For international law firm Pinsent Masons, which employs nearly 3,000 people globally, diversity and inclusion is an agenda item that must be tackled from multiple directions, with honesty and an appreciation of the journey yet to go.For example, the firm concedes that, much like the legal industry as a whole, ...
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ArticleRed Cedar Enterprises to pay $178,784 in back wages and fringe benefits
Oklahoma-based technical support services organisation Red Cedar Enterprises is to pay eight employees a total of $178,784 (£145,234.77) in back pay, as well as fringe benefits, for violating service contract provisions.An investigation conducted by the US Department of Labor’s Wage and Hour Division (WHD) found that Red Cedar Enterprises had ...
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ArticleCH and Co staff accept financial settlement to mitigate strike action
Five kitchen-based members of staff employed by hospitality catering business CH and Co at co-educational independent day school Colfe’s School have voted to accept a confidential financial settlement in order to mitigate strike action.The planned industrial action, organised by trade union Unite on behalf of members employed by CH and ...
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ArticleUniversity of Liverpool campus support staff strike over pay and conditions
Campus support and services employees at the University of Liverpool are undertaking continued industrial action this week in a dispute over pay and working conditions.The 28 campus support and services staff who are members of trade union Unite began this series of strikes with a 24-hour stoppage on Saturday 21 ...
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ArticleDomino's hunts for carb connoisseur to taste test garlic bread for $30 per hour
Something for the weekend: Pizza restaurant and delivery chain Domino's Pizza Enterprises is on the hunt for a garlic bread aficionado to spend a day sampling products at the organisation's headquarters in Brisbane, Australia.The job advertisement, posted on LinkedIn on 24 September 2019, asks for carb-obsessed candidates who are well ...
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ArticleGravity Payments to extend $70,000 minimum wage to new staff
Seattle-based credit processing and financial services organisation Gravity Payments has announced that employees in its new Boise office will start earning a minimum wage of $70,000 (£56,833) per year by 2024.In 2015, Gravity Payments made the commitment to implement this minimum wage for its employees, for the purpose of which ...
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ArticleLabour pledges 32-hour week, end of zero hours and to tackle menopause stigma
During the 2019 Labour Party Conference, which took place from Saturday 21 to Wednesday 25 September, shadow chancellor of the exchequer John McDonnell MP (pictured) committed the party to start work implementing a 32-hour average working week, with no reductions to pay, during its next term in government.The move to ...