All Pay strategy articles – Page 133
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AnalysisTop tips on preparing for potential new pay gap reporting regulations
Need to know:Employers should review the personal data they currently store, to identify whether it will facilitate pay gap reporting.To improve disclosure rates, communications campaigns can help explain to staff what the organisation will be doing with the information and why.Completing a voluntary pay gap report on areas such as ...
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ArticleAverage chief executive officer pay at FTSE 100 organisations was £3.46m in 2018
The median annual pay for chief executive officers employed at the UK’s top 100 organisations as £3.46 million in 2018; this constituted a 13% decrease from 2017’s recorded median pay of £3.97 million, according to research by the Chartered Institute of Personnel and Development (CIPD) and the High Pay Centre.Executive ...
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ArticleThree in 10 expatriate employees say wages have a positive impact on wellbeing
Approximately three in 10 (28%) expatriate employees have found that wage levels have a positive impact on their wellbeing, according to research by global healthcare provider Aetna International.The international workforce wellbeing survey 2019, which canvassed the views of 2,000 expat employees across 10 countries, further found that 21% believe that ...
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ArticleStaff at Bella Italia, Café Rouge and others draw down £902,623 with flexible pay
Staff employed at restaurant organisation Casual Dining Group (CDG), which operates 280 restaurants in the UK across brands such as Bella Italia, Las Iguanas and Café Rouge, have drawn down £902,623 since May 2019, using a new flexible pay benefit.The financial benefit, provided by Wagestream in partnership with Fourth, was ...
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ArticleArgos employees in Ireland vote to accept 2.5% pay rise
Staff employed by retailer Argos in Ireland, who are members of the Mandate Trade Union, have voted to accept a 2.5% pay increase.Mandate Trade Union members working at Argos voted 98% in favour of the 2.5% pay rise, which will be back dated to 1 July 2019.The agreed deal also ...
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ArticleMerseyside-based Matalan warehouse staff strike in pay dispute
Around 500 warehouse staff employed at retailer Matalan's distribution centre in Knowsley, Merseyside, are undertaking strike action today (Monday 19 August 2019) in an ongoing pay dispute.The warehouse staff, who are members of trade union GMB, will conduct 24 hours of industrial action from 2pm today.Based on a 51% turnout, ...
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ArticleCherokee Nation increases minimum wage to $11 an hour
Cherokee Nation, the sovereign government of the tribal Cherokee people in Oklahoma, has increased the minimum wage for tribe employees from $9.50 (£7.83) an hour to $11 (£9.07) an hour.The wage increase, announced in August 2019 by Cherokee Nation’s principal chief-elect Chuck Hoskin Jr, will be effective from 1 October ...
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ArticleLondon Ambulance Service NHS Trust increases pay for ambulance crew and trainees
The London Ambulance Service NHS Trust has announced that it will transition 1,350 ambulance crew members and trainees from pay band four into pay band five, following a re-evaluation of job descriptions.Under the NHS' Agenda for Change terms and conditions of service, employees in the fourth pay band receive between ...
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OpinionLovewell's logic: Pay and employment defy gloomy outlook
As we draw ever closer to 31 October, when the UK is scheduled to leave the European Union (EU), headlines about the economic impact of a no-deal Brexit are becoming an almost daily occurrence. Concerns are increasingly being voiced of a looming recession and its inevitable impact on pay and ...
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ArticleThe Stand Comedy Club commits to Fair Fringe charter to improve pay for 120 staff
Image credit: The Stand Comedy ClubThe Stand Comedy Club has signed the Fair Fringe charter, pledging to improve pay and working conditions for its 120 employees that work during the popular annual music and arts showcase, the Edinburgh Festival Fringe.The Fair Fringe charter, part of the Fair Fringe campaign launched ...
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Case StudiesThe benefits offered by TGI Friday’s
The benefits offered by TGI Friday’s:PensionsA defined contribution (DC) pension scheme via the National Employment Savings Trust (Nest): staff save 5% of their salary and TGI Friday’s contributes 3%.Managers and directors of operations can opt to save into a group personal pension (GPP), provided by Standard Life, which enables them ...
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ArticleTotal pay has increased by 1.8% in real terms since June 2018
Total pay for employees in the UK, including bonuses, increased by 1.8% in real terms during the reporting period between April to June 2018 and April to June 2019, according to research by the Office for National Statistics (ONS).The Average weekly earnings in Great Britain: August 2019 report also found ...
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ArticleGovernor of Oregon signs paid family medical leave bill into law
The governor of Oregon, Kate Brown (pictured), has this month signed a new paid family medical leave bill into law, enabling Oregon-based employees to take up to 12 weeks of paid leave to care for a new baby.The bill, which was passed in legislature with bipartisan support, was formally signed ...
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ArticleA third of employers predict pay increases of between 2% and 2.99% by June 2020
Just over one-third (35%) of employer respondents expect to implement a basic pay increase of between 2% and 2.99% in the year to June 2020, according to research by the Chartered Institute of Personnel and Development (CIPD) and the Adecco Group.Its Labour market outlook: Summer 2019 report, which polled 2,104 ...
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OpinionKatherine Chapman: Living wage brings clear benefits to employees and employers
The Social Metrics Commission's Measuring poverty report, published in July 2019, found that 14 million people are now in poverty, with four million trapped in 'deep poverty', with incomes at least 50% below the official breadline. What is perhaps equally as shocking is that many of these people are in ...
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OpinionKevin Hollinrake MP: Offering support to employees in financial hardship
A record 32.75 million people are now employed in the UK, and we have the lowest unemployment rate since 1974, according to figures from the Office for National Statistics (ONS) published in July 2019. Wage growth, which has been stubbornly subdued, is now an inflation-busting 3.6%.However, the persistent problem of ...
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ArticleThink tank proposes increases to wages and annual leave to boost UK’s productivity
Image credit: NEFBritish think tank the New Economics Foundation (NEF) has proposed that minimum wages and statutory paid holiday entitlement be increased in order to improve the UK’s productivity.The Time for demand: Boosting productivity with public investment, minimum wages and paid holiday report, published in August 2019, suggested that bolstering ...
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ArticleFifth Third Bancorp to increase minimum wage to $18 an hour
Ohio-based financial services organisation Fifth Third Bancorp will increase its minimum hourly wage to $18 (£14.86) an hour from 28 October 2019.The pay increase, which is not applicable for employees who work on a commissioned basis, is expected to benefit approximately 4,900 staff members, primarily employed in the organisation’s retail ...
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ArticleBird's brainstorm: Perks pale when staff still fight for fair pay
At Employee Benefits, we spend much of our time considering the balance of importance between financial rewards, exciting perks, and the deeper culture of an organisation. The argument increasingly lands on the side of saying that, while pay is an important hygiene factor, it is not the be all and ...
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ArticleCourt of Appeal dismisses holiday pay case in support of teacher
The Court of Appeal has dismissed a case brought forward by the Harpur Trust on behalf of Bedford Girls School concerning the holiday pay of a music teacher on a zero-hours contract.The court, which issued its judgment on Monday 6 August 2019, confirmed that staff employed on a zero-hours contract, ...