All Pay strategy articles – Page 198
-
ArticleAverage total remuneration for university vice-chancellors rises to £277,834
The average total remuneration package for university vice-chancellors, including salary, benefits, employer pension contributions and bonuses, was £277,834 in 2015-2016, up by 2% from £272,432 in 2014-15, according to research by the University and College Union (UCU).The research, which is based on a freedom of information request to 160 higher ...
-
ArticleArgos to provide back pay to 37,000 employees
Retail organisation Argos is to provide back pay to 37,000 current and former store employees after they were found to have been paid below the statutory national living wage rate prior to December 2016.The 37,000 affected employees will receive a back-dated payment on 28 February 2017 to cover the unpaid ...
-
ArticleDebenhams tops government's minimum wage non-compliance list
Retail organisation Debenhams has topped the government’s list of organisations that have underpaid staff the minimum wage after failing to pay £134,894.83 to 11,858 employees.The Department for Business, Energy and Industrial Strategy published the names of 360 UK organisations that have failed to comply with the national minimum wage and ...
-
ArticleTotal pay increases by 1.4%
Total pay, including bonuses, increased by 1.4% in Great Britain between October-December 2015 and October-December 2016, according to the Office for National Statistics (ONS).Its UK labour market: February 2017 report also found that in nominal terms, which have not been adjusted for price inflation, average regular pay for employees in ...
-
OpinionMarc Jones: Key compliance considerations for employers dealing with tips for staff
There are approximately 150,000 UK businesses in the hospitality, leisure and service sectors where tipping is common. These sectors employ some two million workers and are an important part of the UK economy. Concerns have been raised about employers’ treatment of tips, gratuities and service charges to workers and the ...
-
Case StudiesCottage Delight switches payroll system to meet current and future business needs
From humble beginnings in 1974, when founder Nigel Cope developed a traditional recipe all-butter tablet fudge in his family kitchen, Cottage Delight now has a range of more than 700 speciality foods. This growth has seen its staffing levels increase significantly too, with the organisation now employing nearly 200 people, ...
-
AnalysisWhat are the key issues affecting payroll professionals in 2017?
Need to know:Employers must assess whether they are liable for the new apprenticeship levy, especially where they are part of a larger group.Employers should assess how they stack up ahead of the upcoming implementation of mandatory gender pay reporting.A review of data security internally and externally will help to protect ...
-
ArticleCourt of Appeal rules against Pimlico Plumbers in worker-status case
The Court of Appeal has dismissed an appeal by Pimlico Plumbers by upholding that plumber Gary Smith is a worker rather than a self-employed contractor, entitling him to workers’ rights such as access to reasonable adjustments and holiday pay.In the case of Pimlico Plumbers and Charlie Mullins v Gary Smith, ...
-
ArticleJewson to increase pay to £7.80 an hour for staff aged over 21
Timber and building materials organisation Jewson is to increase the minimum rate of pay for UK-based staff aged 21-years-old or over to £7.80 an hour.Pre-empting the upcoming increase in the government’s national living wage rate, Jewson will make its pay amendments before the national living wage rises from £7.20 to ...
-
ArticleEXCLUSIVE: 70% of benefits professionals receive a cash bonus
EXCLUSIVE: Just under three-quarters (70%) of respondents received a cash bonus in the last 12 months, according to research by Employee Benefits.This figure has remained relatively consistent since we first carried out this research in 2008. That year, 71% received a cash bonus, while 74% did so in 2014.The Salary ...
-
ArticleFinal draft regulations bring further clarity to gender pay gap reporting
The government published final draft regulations for gender pay gap reporting in December 2016, providing further clarification around the information that employers will have to report.The regulations, which are due to come into effect in April 2017, will require organisations with 250 or more employees to publish the difference between ...
-
ArticleEXCLUSIVE: 29% of benefits professionals receive a 2.1-3% pay rise
EXCLUSIVE: The most commonly awarded salary increases to HR and benefits professionals in the last 12 months were between 1.1% and 3%, according to research by Employee Benefits.The Salary survey 2017, which surveyed 249 HR, reward and benefits professionals in December 2016, also found that more than a quarter (29%) ...
-
ArticleTeleverde gains living wage accreditation
Global marketing and sales organisation Televerde has been accredited as a living wage employer, committing to pay all employees a minimum of £8.45 an hour.Around 170 staff members who will be employed at Televerde’s new European headquarters in Glasgow will receive the voluntary living wage rate of £8.45 an hour, ...
-
ArticleEXCLUSIVE: Average gender pay gap for benefits professionals is £24,100
EXCLUSIVE: The average gender pay gap between reward and benefits professionals currently stands at £24,100, according to research by Employee Benefits.The Salary survey 2017, which surveyed 249 HR, benefits and reward professionals in November-December 2016, also found that male respondents earn an average basic annual salary of £78,600, compared to ...
-
ArticleAverage advertised salaries fall by 3.9% in London
Average advertised salaries in London fell by 3.9% between December 2015 and December 2016 to reach £38,449, according to research by Adzuna.Its UK job market report: January 2017, which uses data collected from job vacancies advertised online in the UK, also found that average advertised salaries in the UK fell ...
-
ArticleTSB to share £28m pay award among staff
TSB is to recognise staff with a £28 million pay award as part of the organisation’s annual short-term incentive plan.The TSB Award, which is available for all employees from the chief executive officer to front line staff, rewards both business and individual performance based on set targets and key performance ...
-
ArticleGovernment publishes draft regulations for public sector gender pay gap reporting
The government has published draft regulations on mandatory gender pay gap reporting for public sector organisations with 250 or more employees.The draft regulations detail the information that public sector employers will have to publish as well as the required date and manner of publication. These are designed to mirror the ...
-
Article28% of New Zealand employers conduct pay audits to close the gender pay gap
More than a quarter (28%) of HR manager respondents in New Zealand are conducting salary audits to help close the gender pay gap in their organisation, according to research by Robert Half.Its survey of 100 HR managers in New Zealand also found that 30% of respondents are implementing pay transparency ...
-
ArticleNew Zealand minimum wage to rise to $15.75
The minimum wage in New Zealand will rise by 50 cents to $15.75 (£9.03) an hour from 1 April 2017.The starting-out and training hourly minimum wage rate will remain at 80% of the adult minimum wage, rising from $12.10 (£7.01) an hour to $12.60 (£7.30) an hour in April 2017.Michael ...
-
ArticleDeutsche Bank limits individual bonuses for 2016
Banking organisation Deutsche Bank has limited its bonus payments for the 2016 financial year, and will not be providing any individual variable compensation for senior executive staff.The changes will mean that employees with the corporate titles of vice president, director and managing director will still receive the group variable compensation ...