Increases to the National Living Wage and National Minimum Wage welcomed, but experts say organisations must do more to support employees on low pay
How a universal basic income was piloted in Finland and Namibia
Research over the past decade explains how performance metrics can lead to unintended and harmful outcomes in professional work
If an employer wishes to remove an existing scheme, they should proceed with caution.
Labour’s party conference announcement that it would force all large firms to give workers shares has received a mixed reaction from reward and corporate governance experts
There are pros and cons to both performance- and market-based reward systems
UK executive pay is reaching staggering levels. Does HR need to tailor a better reward and incentive fit?
While some firms have ditched bonuses completely, others are investigating how they could be used better
Employers have frozen or reduced pay to meet requirements, although some have extended the NLW to all staff
Performance-related pay is much more likely to be adopted in firms where HR management is seen as strategically important
The number of managers receiving bonuses has also increased over the past year, from 54% to 57%
A report from the Performance and Reward Centre identifies key issues facing UK plc Remcos and lessons for boosting effectiveness.