All Pay strategy articles – Page 196
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ArticleStarting salaries for female graduates are £1,400 lower than for male graduates
Female graduates earn starting salaries that are £1,400 lower on average than the starting salaries earned by male graduates, according to research by TheCompleteUniversityGuide.co.uk.The analysis, which is based on starting salary data from the Destinations of leavers from higher education survey, found that male graduates take home a higher starting ...
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ArticleLouise’s lowdown: Government steps up executive pay scrutiny
On 16 September, the Business, Innovation, and Skills (BIS) committee launched an inquiry into corporate governance, which will remain open to submissions until 26 October. One of the areas of focus for the inquiry is board composition, including the question of worker representation in the boardroom and on remuneration committees, ...
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ArticleTotal pay increases by 2.3%
Total pay, including bonuses, increased by 2.3% in Great Britain between June-August 2015 and June-August 2016, according to the Office for National Statistics (ONS).Its UK labour market: October 2016 report also found that for August 2016, average regular pay, excluding bonuses, was £474 a week before tax and pay deductions. ...
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ArticleMayor of London orders pay audit at City Hall and Mayoral bodies
The Mayor of London Sadiq Khan has ordered an audit into pay and employment practices at City Hall and Mayoral bodies to ensure all staff are paid the London living wage.The audit follows the discovery that 18 contracted cleaning and security staff at the London Transport Museum were paid less ...
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OpinionElizabeth Slattery: Impending Brexit could pose dilemma around holiday pay decisions
Many things are uncertain following the outcome of the referendum on the UK's membership of the EU, including the timing of any exit and the form that it will take. In the meantime, employers still have to grapple with the ramifications of Court of Justice of the European Union (CJEU) ...
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ArticleTesco staff to take legal action over reduced pay
A group of long-serving Tesco employees are set to take legal action against the supermarket chain over a reduction in pay for working weekends, bank holidays and nights.The changes in pay form part of a two-year pay deal announced in February 2016, which included a new approach to premium payments. ...
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ArticleEmployment tribunal rules on comparability of roles in Asda equal pay case
A Manchester Employment Tribunal has ruled that female employees based within Asda supermarkets can compare themselves to male staff who work in the retailer’s distribution centres.Around 7,000 former and current Asda employees are bringing an equal pay claim against the retailer. The claimants, who are mostly female, argue that they ...
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ArticleWomen in their 50s earn £8,504 a year less than men
Women in their 50s who work full time earn £8,504 a year less than a man working full time, according to research by the Trades Union Congress (TUC).Its analysis of Office for National Statistics (ONS) data, also found that an 18-21 year-old woman who works full time earns £1,395 a ...
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ArticleLawn Tennis Association is to link its core values to performance awards
Employee Benefits Live 2016: The Lawn Tennis Association (LTA) is set to link performance reviews and bonus awards to the organisation's key values and behaviours.After launching its core values in 2015 to help align employees with business and performance goals, this year the sporting organisation will incorporate its values into ...
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ArticleOrganisations utilise total reward to combat retention
Employee Benefits Live 2016: Organisations found to use total reward as a strategy to improve employee retention.Presenting at as part of the performance and talent conference stream at Employee Benefits Live 2016, Duncan Brown, head of HR consultancy at the Institute for Employment Studies (IES), explained that employers are looking ...
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ArticleBritish Gas Court of Appeal decision confirms inclusion of commission in holiday pay
The Court of Appeal has confirmed that holiday pay calculations should include a representative amount of commission-based pay.In the case of British Gas v Lock, Lock, a sales consultant for British Gas, brought an employment tribunal claim for outstanding holiday pay when this was calculated according to his basic salary ...
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ArticleEXCLUSIVE: PWC to discuss gender pay gap regulations at Employee Benefits Live
PricewaterhouseCoopers (PWC) will discuss the key considerations for organisations ahead of the introduction of the gender pay gap reporting requirements at Employee Benefits Live 2016.Anna Sanford, solicitor at PWC, will speak alongside Helen Corden, legal director at Pinsent Masons, in a session titled Mind the gender pay gap on Tuesday ...
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Article43% of employers say the living wage improves morale and productivity
Just under half (43%) of employer respondents have found that paying the voluntary living wage improves employee morale and productivity, according to research by Middlesex University London and the University of Liverpool.The Putting the living wage to work study, which surveyed 250 small to medium-sized enterprises (SMEs), also found that ...
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ArticleEXCLUSIVE: Duncan Brown to discuss pay structures at Employee Benefits Live
Duncan Brown, head of HR consultancy at the Institute for Employment Studies (IES), will discuss the challenges surrounding pay structures and benchmarking in the current climate at Employee Benefits Live 2016.Brown will close the performance and talent conference stream on Wednesday 12 October with his session entitled Benchmarking reward and ...
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ArticleGovernment orders review of employment practices in changing world of work
Prime minister Theresa May has ordered an independent review into the impact of new work models on employment practices, such as pay and pensions.The review will examine how changes in the labour market and economy are affecting employers and employees, and how flexibility can be maintained while supporting employee rights ...
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ArticleNational minimum wage rises to £6.95
The national minimum wage has increased from £6.70 to £6.95 an hour for employees aged 21-24 years old.The higher national minimum wage rates, which came into effect on 1 October 2016, include a 25p increase for 21-24 year olds and 18-20 year olds, a 13p rise for 16-17 year olds, ...
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ArticleKevin Hart laughs his way to the world’s highest-paid comedian spot
Something for the weekend: US comedian Kevin Hart has overtaken Jerry Seinfield to claim the top spot on Forbes’ The world’s highest-paid comedians 2016 list.Hart earned $87.5m (£67.5m) between June 2015 and June 2016, trouncing Seinfield’s $43.5m (£33.5m).Amy Schumer, the only woman in the list, ranks in fourth place with ...
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ArticleConfessions of a benefits manager: Candid grapples with a potential acquisition
We’re buying a company. I can’t imagine why; it is not even in the same industry group and we couldn’t share any clients, so what is the sense in that? The Higher Beings move in mysterious ways sometimes. I bet I’ll be working on providing data for selling it again ...
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Article30% of digital marketers feel underpaid
Almost two-thirds (30%) of digital marketer respondents believe they are underpaid, according to research by digital agency Greenlight Digital.Its The 41 hour report, which surveyed 218 full and part-time digital marketing professionals, also found that the average salary for male respondents is £48,025 a year, 9.5% higher than the average ...
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ArticleAverage salaries increase by 8.9% in the consultancy sector
Advertised salaries in the consultancy sector increased by 8.9% year on year in August 2016, according to research by Adzuna.Its latest Jobs market report, which is based on online job vacancy data in the UK, found that average advertised salaries in the consultancy sector reached £47,760 in August 2016, compared ...