Monarch staff vote for pay cuts to save company

Employees at airline The Monarch Group have voted to accept a significant decrease in pay so that the company can target the budget travel market.

Business groups cautiously optimistic on employment and wages

Employment and business experts reacted largely positively to the latest Office for National Statistics (ONS) unemployment figures yesterday.

Unison's NHS members vote to strike

Unison's 300,000 members have voted to strike over a continuing pay dispute. It is the first time in more than three decades NHS workers have decided to strike over pay.

Five ways to beat the post-holiday blues

As you step off the plane at your holiday destination, you take a deep, relaxing breath; your break starts here. Then your phone rings. It’s work. Unfortunately, this situation is now becoming...

Unemployment in biggest annual fall since 1988

Unemployment fell by 468,000 from July 2013 to July 2014, the biggest year-on-year decrease since 1988, according to figures released by the Office for National Statistics (ONS).

Executive pay to be closer aligned with 'long-term success'

The Financial Reporting Council (FRC) has unveiled an updated version of the UK Corporate Governance Code that includes plans to improve the reporting and regulation of executive remuneration.

AE savers have less than 50% chance of matching work income

Employees who put in minimum contributions to their auto-enrolment pensions from 22- to 68-years-old still have less than a 50% chance of a retirement income on par with their working salary,...

Work Programme helps 100,000 find jobs

The government’s Work Programme has helped about 100,000 long-term unemployed into work since its introduction in 2011, according to a report by financial consultants Europe Economics.

Millennials less motivated by salary than Gen Y

Millennial employees (those born after 1994) claim to be less motivated by money than Gen Y (born between 1980 and 1994), according to a report by Randstad and Millennial Branding.

One in four 'exaggerate' expenses claims

One-quarter of employees have knowingly "bent the rules" when filing expenses claims, according to research by Webexpenses.

Bonus payments up nearly 5% in past year

The total bonus payments received by UK employees increased by 4.9% in the 12 months to April 2014, figures released by the Office for National Statistics (ONS) reveal.

Technology contractors optimistic over pay

The vast majority of contractors in the engineering and IT sectors expect their hourly rates to rise within the next 12 months, according to research by back office and management solutions provider...