All Pay strategy articles – Page 200
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ArticleAustralia to increase national minimum wage to $17.70 an hour
Australia is to increase the national minimum wage to $672.70 a week (£342.910), or $17.70 an hour (£9).This will see the national minimum wage rise by $15.80 a week, the equivalent of 41 cents an hour.The 2.4% increase, which will come into effect from 1 July 2016, forms part of ...
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ArticleWomen in Finance Charter links executive pay to gender diversity
On 22 March 2016, HM Treasury launched the Women in Finance Charter, which links senior executive pay to progress in gender diversity.A number of employers in the financial services sector have already signed up to the charter, including Barclays, Capital Credit Union, Columbia Threadneedle, HSBC, Lloyds Banking Group, Royal Bank ...
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ArticleUS government raises salary threshold for overtime pay
The US government has extended the salary threshold for overtime pay eligibility.The change forms part of a new overtime rule, which has been finalised by the US Department of Labor.This raises the overtime salary threshold from $455 a week (£312) to $913 a week (£625). This is equivalent to $47,476 ...
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ArticleVolkswagen to increase base pay by 4.8%
Volkswagen is to increase base pay for 120,000 employees by a total of 4.8% by August 2017.The collective agreement, which follows negotiations with trade union IG Metall, will be implemented in two stages; a 2.8% pay rise will occur on 1 September 2016 and a 2% pay increase will come ...
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ArticleHouse of Cards' Robin Wright demands same pay as Kevin Spacey
Something for the weekend: Actress Robin Wright (pictured) has spoken out about her fight to be paid the same amount as male co-star Kevin Spacey for her work on the popular Netflix drama House of Cards.Appearing in all 52 episodes of the series, as well as receiving a few directing ...
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ArticleTotal pay increases by 1.7%
Total pay in Britain, including bonuses, increased by 1.7% between January-March 2015 and January-March 2016, according to research by the Office for National Statistics (ONS).Its UK labour market May 2016 report found that regular pay, excluding bonuses, increased by 1.8% in real terms between January-March 2015 and January-March 2016.The research ...
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ArticleGerald Eve gains living wage accreditation
Gerald Eve has been accredited as a living wage employer by the Living Wage Foundation.The property consultancy, which employs 432 staff across nine offices, has committed to paying at least the living wage rate to all employees and third party staff. This includes working with cleaning and catering service providers ...
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ArticleMedian pay expected to increase by 1.7%
A median pay increase of 1.7% is expected between March 2016 and March 2017, according to research by The Chartered Institute of Personnel and Development (CIPD).The Labour market outlook report, which surveyed 1,014 HR professionals and employers who are CIPD members, also found that median base pay expectations are higher ...
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ArticleTesco staff in Ireland to strike over pay dispute
Tesco employees in the Republic of Ireland who are members of the trade union Mandate are to strike in a dispute over changes to pay and conditions.The strike action will commence at 7.00am on 16 May 2016, with pickets planned for more than 70 Tesco outlets.The industrial action is in ...
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ArticleInfinite Energy to raise starting wage to $15 an hour
US natural gas provider Infinite Energy is to increase its minimum starting wage to $15 an hour for all full and part-time employees.The increase, which is due to take effect on 1 June, follows a recent salary review. This found that the organisation is offering competitive pay within the industry, ...
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ArticleUniversity and College Union members vote for industrial action over pay
Higher education staff who are members of the University and College Union (UCU) have voted in favour of industrial action over pay.More than two-thirds (65%) of UCU members that took part in the ballot voted in favour of strike action and 77% voted in favour of industrial action excluding a ...
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ArticleDeutsche Bank, Facebook and Google among top 10 highest-paying organisations
Deutsche Bank, Facebook and Google are among the top 10 highest-paying organisations in the UK, according to research by Glassdoor.Its 10 highest paying companies in the UK report is based on organisation-specific salary reports that have been shared with Glassdoor by UK-based employees on an anonymous and voluntary basis. The ...
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ArticleUS women footballers file wage discrimination complaint
Five members of the US Women’s National Team have filed a wage discrimination complaint with the Equal Employment Opportunity Commission against the United States Soccer Federation.Carli Lloyd, Alex Morgan, Megan Rapinoe, Rebecca Sauerbrunn and Hope Solo lodged the complaint in March 2016. The players claim the complaint is on behalf ...
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ArticleAccorHotels UK extends national living wage to all staff
AccorHotels UK will pay the new national living wage rate to all employees, regardless of age.The national living wage is the statutory rate for all employees over the age of 25. The mandatory £7.20 an hour rate came into effect from April 2016.The hotel group, which includes Sofitel, Pullman, Novotel, ...
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OpinionLovewell's logic: How effective is the national living wage?
The national living wage was back in the headlines this week, when restaurant chain Zizzi was reported to have reviewed how tips are distributed to waiting staff and to have cut back on the choice of free meals offered to employees.Even before the national living wage came into effect earlier ...
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Article72% have not asked for a pay rise in last three years
Almost three-quarters (72%) of respondents have not asked for a pay rise in the last three years, according to research by recruitment consultancy Randstad.Its survey of 2,000 UK employees also found that around a third (34%) of respondents would consider asking their current boss for a pay increase.The research also ...
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ArticleUber agrees $84m settlement for employee status cases
Taxi organisation Uber has agreed to a settlement for class-action lawsuits disputing the status of Uber drivers as independent contractors.The settlement relates to lawsuits in California, O’Connor et al. vs Uber Technologies, and Massachusetts, Yucesoy vs Uber Technologies.Under the terms of the agreement, Uber would continue to classify drivers as ...
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Article63% have begun preparing for gender pay reporting requirements
Almost two-thirds (63%) of employer respondents have taken action to prepare for the introduction of compulsory gender pay reporting, according to research by Willis Towers Watson.Its survey of 68 employers also found that 16% of respondents have needed to make changes to their reward programmes as a result of this ...
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ArticlePay increases by 2.2%
Regular pay, excluding bonuses, increased by 2.2% in Great Britain between December 2014-February 2015 and December 2015-February 2016, according to research by the Office for National Statistics (ONS).Its UK labour market: April 2016 report also found that total pay, including bonuses, grew by 1.8% in the three months to February ...
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ArticleTata Steel employees accept temporary 3% pay cut
UK employees at Tata Steel’s Long Products Europe business have agreed to a temporary reduction in pay to facilitate the sale of the business to Greybull Capital.Members of trade unions Community, GMB and Unite accepted the changes to pay and conditions following a consultative ballot.The 12-month agreement includes a 3% ...