All Pay strategy articles – Page 4

  • government
    Article

    Autumn Budget 2024: Employment allowance to double and £100,000 threshold scrapped

    2024-10-30T15:49:00Z

    Autumn Budget 2024: The government is to increase the employment allowance from £5,000 to £10,500 and remove the £100,000 threshold from April 2025. Chancellor of the Exchequer Rachel Reeves announced these measures in the Autumn Budget. The move will apply to all eligible employers, meaning 865,000 employers ...

  • Rachel-Reeves-shutterstock_2485463889-Fred-Duval
    Article

    Autumn Budget 2024: Income tax thresholds to remain frozen until 2028

    2024-10-30T15:28:00Z

    Credit: Fred Duval/Shutterstock Autumn Budget 2024: Chancellor of the Exchequer, Rachel Reeves, has announced that income tax thresholds will remain frozen until 2028. Reeves, the UK’s first female Chancellor, announced in her Autumn Budget to the House of Commons that the government will not be increasing the ...

  • pay strategy
    Article

    Autumn Budget 2024: Employer national insurance contributions (NICs) to increase to 15%

    2024-10-30T15:21:00Z

    Autumn Budget 2024: The government is to increase the rate of employer national insurance contributions (NICs) by 1.2 percentage points to 15% from 6 April 2025. This will mean employers will have to pay 15p in NIC for every £1 paid to an employee. In addition, the ...

  • gender-pay-gap
    Article

    Gender pay gap for full-time employees stands at 7%

    2024-10-30T12:03:00Z

    The gender pay gap for full-time employees stands at 7%, down from 7.5% in 2023, according to the latest analysis by the Office for National Statistics (ONS). Its Annual survey of hours and earnings report found that among all employees, the gender pay gap decreased to 13.1% ...

  • EXCLUSIVE: Ford to discuss reinventing pensions post-pandemic at Employee Benefits Reset 2020
    Article

    Ford workers strike over pay and contract changes

    2024-10-30T11:36:00Z

    More than 1,000 workers employed by vehicle manufacturer Ford have begun strike action due to a long running dispute over pay and contract changes. The employees, who are represented by trade union Unite, are administrative staff based in Dunton, Stratford, Dagenham, Daventry and Halewood. They began industrial ...

  • Pay and working hours rise as employment falls
    Article

    National living wage to rise by 6.7% in April 2025

    2024-10-30T11:16:00Z

    The government is to increase the national living wage by 6.7% from April 2025. Chancellor of the Exchequer Rachel Reeves has announced the rate will rise from £11.44 to £12.21 an hour, which will be worth £1,400 a year for an eligible full-time worker. It is part ...

  • FDMGroupshutterstock_2402998119
    Article

    FDM Group reports -2.5% mean gender pay gap for 2024

    2024-10-29T11:00:00Z

    Source: T. Schneider / Shutterstock.com Global business and technology consultancy FDM Group has reported a -2.5% mean gender pay gap for 2024, compared to -7.6% the previous year. The employer’s median gender pay gap was -5.1%, versus -4.3% in 2023. Its mean bonus gap for 2024 was ...

  • Article

    Poll: Do you think the real living wage increase to £12.60 an hour goes far enough to support employees?

    2024-10-28T12:14:00Z

    Take part in our latest readers’ poll on a current topical issue. Last week, Employee Benefits reported that the Living Wage Foundation announced an increase in its real living wage rate to £12.60 across the UK, and £13.85 in London. The rise is a 60p, or 5%, increase for the ...

  • Pay and working hours rise as employment falls
    Article

    England, Wales and Northern Ireland social workers and council staff accept pay rise

    2024-10-24T11:25:00Z

    Social workers and other council staff across England, Wales and Northern Ireland have accepted a pay rise for the 2024-25 year, which will be backdated to April. The deal applies to staff working in councils covered by the National Joint Council for Local Government Services, including the ...

  • Sapphire6d3b090e-e5b6-43ec-90dd-a838dbeca341
    Article

    Sapphire rewards contractors with employee ownership bonuses

    2024-10-24T10:41:00Z

    Source: From Sapphire Manchester-based contracting and accounting firm Sapphire is to distribute employee ownership bonuses worth £350,000 to its umbrella contractors. The total will be awarded to contractors who have worked for the firm for more than a year, as part of its commitment to rewarding the ...

  • Living Wage
    Article

    Real living wage rate to increase to £12.60

    2024-10-23T16:30:00Z

    Source: Shutterstock The Living Wage Foundation has announced an increase in its real living wage rate to £12.60 across the UK, and £13.85 in London. More than 15,000 employers across the UK are signed up to pay the new rates for almost half a million employees. The ...

  • JamesTowsendElizabethCoyle
    Opinion

    James Townsend and Elizabeth Coyle: Dealing with equal pay tribunals

    2024-10-23T16:13:00Z

    On 22 August 2024, an employment tribunal held that Next discriminated against more than 3,500 female store staff by paying them lower hourly wages than male warehouse operatives. Sales consultants received lower pay of up to £3 per hour, meaning their average annual salary differential was more ...

  • NHS Headed paper
    Article

    NHS staff in Wales approve 5.5% pay deal

    2024-10-23T15:37:00Z

    Source: Shutterstock NHS staff in Wales, who are members ot trade union Unite, have approved the government’s proposal of a 5.5% pay increase for 2024/25. According to Unite, the pay deal needs to signal the start of pay restoration and the proper valuing of NHS staff. Mark ...

  • The Old Bailey scales
    Article

    Office worker wins case against boss who refused to say hello

    2024-10-18T09:52:00Z

    An office worker who was repeatedly ignored by her boss when she greeted him has won a claim for unfair dismissal.

  • pay-gap
    Article

    Disability pay gap remains at 12.7%

    2024-10-18T09:41:00Z

    The pay gap between disabled and non-disabled employees is 12.7%, according to figures from the Office for National Statistics (ONS). Its Disability pay gaps in the UK: 2014 to 2023 report found that the disability pay gap has remained relatively stable since 2014. The median hourly pay ...

  • Money
    Article

    Annual pay growth slows to 4.9%

    2024-10-18T09:05:00Z

    The annual growth in employees’ average regular earnings, excluding bonuses, slowed to 4.9% in June to August 2024, according to the latest Labour market overview by the Office for National Statistics (ONS). Annual growth was last lower than this at 4.7% in April to June 2022. The ...

  • Stock market rising
    Article

    Pullmaflex workers win pay rise following vote for strike action

    2024-10-18T08:55:00Z

    Source: Shutterstock Employees at car seat manufacturer Pullmaflex have won a pay rise totalling 10.5% following a ballot in favour of strike action. Around 200 employees, who are members of Unite the union, voted to accept a two-year pay deal. Pullmaflex shop floor workers’ pay will increase ...

  • Eden-Hotel-Collection-Bovey-Castle-From-Nick-Martindale
    Case Studies

    Employee feedback helps inform Eden Hotel Collection’s benefits strategy

    2024-10-14T15:00:00Z

    Eden Hotel Collection operates five luxury hotels in the Midlands and south of England. Like many in the hospitality industry, it found itself having to recruit rapidly after staff departures during the Covid-19 pandemic, while the ongoing impact of Brexit also meant there were fewer overseas people looking for work. ...

  • shutterstock_1730548543
    Article

    Government introduces Employment Rights Bill

    2024-10-14T14:33:00Z

    Source: Shutterstock The government has introduced the Employment Rights Bill, which will see 28 employment reforms, including ending zero hours contracts and installing the right to a guaranteed hours contract if employees work regular hours over a defined period, giving earnings security. It will also end fire-and-rehire ...

  • Boeing 777-20LR
    Article

    Boeing withdraws previous pay rise offer to striking US staff

    2024-10-14T14:18:00Z

    Source: Boeing Aerospace business Boeing has withdrawn its previous 30% pay rise offer to striking US staff after being unable to reach an agreement. The Seattle and Portland-based employees, who work on constructing planes including the 737 Max and 777, are members of the International Association of ...