All Pay strategy articles – Page 140
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ArticleTotal pay has increased by 1.6% in real terms since February 2018
Total pay for employees in the UK, including bonuses, increased by 1.6% in real terms between December 2017 to February 2018 and December 2018 to February 2019, according to research by the Office for National Statistics (ONS).The Average weekly earnings in Great Britain: April 2019 report also found that regular ...
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OpinionNicholas Stretch: Preparing for new reporting obligations on engagement and pay
This year sees the implementation of several corporate governance developments which reward managers, among others, need to get to grips with. Although newspaper headlines continue to focus on executive pay levels, a number of other reward-related changes, which have received far less publicity, need to be considered.For 2019 onward, so ...
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AnalysisAddressing increases to auto-enrolment contributions to maximise financial wellbeing
Need to know:As auto-enrolment minimum contributions increase in April 2019, some employees may opt out of their pension in order to address present financial concerns.A communications approach that puts the changes into monetary values, and considers finance holistically, can bolster employee understanding.Using a salary sacrifice pension arrangement can mitigate rising ...
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OpinionNichola Hawden: How will auto-enrolment increases impact reward?
When auto-enrolment was first introduced in October 2012, the minimum total contribution rate for a workplace pension was a modest 2%, with employers contributing a minimum 1%. From 6 April 2018, the total minimum contribution rate increased to 5%, with 2% contributed by the employer, and from 6 April 2019, ...
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ArticleThree in 10 believe that only those in permanent roles are entitled to minimum wage
Three in 10 (30%) respondents believe that only those who are employed in permanent job roles are entitled to the national minimum wage, according to research by the Department for Business, Energy and Industrial Strategy (BEIS).Its survey of 2,001 employees aged between 16 and 64 also found that 32% of ...
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ArticleBank of America to increase minimum wage to $20 an hour
Financial services organisation Bank of America is to increase its minimum wage to $20 (£15.27) an hour for 205,000 US-based employees.The pay increase will be delivered over a two-year period, starting on 1 May 2019 when the bank’s minimum hourly wage will increase to $17 (£12.98). This will continue to ...
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ArticleConfessions of a benefits manager: Candid tackles the gender issue
What a relief to have help with the gender issue; our pay gap reporting. We now have a hobbit to manage all HR data reporting, including the gender package. Yes, I know I shouldn’t think of her as that, but she is small, hairy, and well, remarkably hobbit-like. I say ...
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ArticleAramark staff conclude strike action in dispute over pay
Members of the Public and Commercial Services Union (PCS) working for food, facilities and uniform services organisation Aramark concluded three-day strike action yesterday (Wednesday 10 April 2019) in a dispute over pay.Contracted catering staff based at the Department for Business, Energy and Industrial Strategy (BEIS) formed a picket line at ...
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ArticleGMB hosts protests against ISS in wage and sick pay dispute
Trade union GMB and its members are participating in a series of protests today (Thursday 11 April 2019) against support service organisation ISS in a dispute over wages and sick pay.The protests will be occurring across three sites in South London: from 9.00am at the Princess Royal Hospital in Orpington ...
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ArticleAsda proposes new contract for hourly-paid retail staff
Supermarket retailer Asda has proposed a new contract for its hourly-paid retail employees in England, Scotland and Wales, offering to increase pay to £9 an hour but cut paid breaks.Asda has proposed the new employment contract in order to provide a standardised offering across all its retail employees in the ...
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ArticleDHL FastTrack employees vote to accept two-year pay deal
Members of the trade union GMB who work at courier organisation DHL FastTrack have voted to accept a two-year pay deal.The deal will award GMB members at DHL FastTrack a 10% pay increase, spread over a two-year period.The deal also reduces working hours to an average of 45 hours per ...
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ArticleAverage advertised UK salary rises to £35,058 per year
The average advertised salary for an employee in the UK is £35,058 a year, as at February 2019, according to research by job search engine Adzuna.Its monthly UK job market report, which utilises online vacancy data from over 1,000 sources, confirmed that the average advertised salary for UK employees has ...
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ArticleStewart Milne Group reports 13.3% mean gender pay gap for 2018
House building and timber frame manufacturing organisation Stewart Milne Group has reported a 13.3% mean gender pay gap for fixed hourly pay as at 5 April 2018; this is a 4.8% decrease from the 18.1% mean gender pay gap the organisation reported for 2017.The organisation reported its gender pay gap ...
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ArticleStaff at three West Midlands colleges strike in dispute over pay
University and College Union (UCU) members based at City of Wolverhampton College, Coventry College (pictured) and Warwickshire College Group are undertaking strike action this week in a dispute over pay.Staff who are members of UCU and who work at the City of Wolverhampton College are conducting strike action today (Monday ...
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ArticleDLA Piper reports a 17.8% mean gender pay gap for 2018
International law firm DLA Piper has reported a 17.8% mean gender pay gap for fixed hourly pay as at 5 April 2018, inclusive of its fee-earner and business services populations.The firm reported its gender pay gap data in line with reporting regulations and in time for the private sector submission ...
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ArticleThe Walt Disney Company faces equal pay lawsuit in California
The Walt Disney Company is to face a putative class action lawsuit on the issue of equal pay, with plaintiffs alleging that the organisation’s gender pay gap is ingrained in its culture.Rasmussen v The Walt Disney Company et al is being brought by law firm Andrus Anderson on behalf of ...
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ArticleVibrant Vegan Company seeks director of taste
Image caption: @vibrantvegancoSomething for the weekend: Vegan meal delivery subscription service Vibrant Vegan Company is seeking a new director of taste to join its team, offering a salary of £50,000 a year and worldwide travel to flavour hotspots such as India, Japan and Mexico.Vibrant Vegan Company, which provides weekly vegan ...
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OpinionJane Hannon: Employers must be aware of new payslip requirements
With the ever-increasing focus on Brexit, employers could be forgiven for losing track of some important domestic reforms to employment law, quickly looming on the horizon. One of these, a requirement to provide payslips to workers and not just employees, comes into force on 6 April 2019 and applies to ...
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ArticleMcAfee achieves global gender pay parity across 7,100 staff
Global cybersecurity organisation McAfee has achieved gender pay parity across its 7,100 employees worldwide.McAfee conducted an audit of employee pay in March 2019, which covered its entire workforce, based across 45 countries. This analysis identified gender pay gaps in nine countries. To address this, McAfee invested $4 million (approximately £3 ...
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ArticleHogan Lovells reports 12.3% gender and 11.2% ethnicity pay gaps
Image credit: ALMInternational law firm Hogan Lovells has reported a 12.3% mean gender pay gap among employees, excluding partners. It has also voluntarily chosen to report its ethnicity pay gap data, finding an 11.2% mean difference.Ahead of the second reporting deadline on 4 April 2019, Hogan Lovells is one of ...