Steady as she goes for Q1 pay, but April may show increase, says IDS

The median pay award in the UK remained steady at 2.5% in the three months to March 2011 – but early predictions suggest an increase for April, according to the latest figures from employment...

FTSE 100 employers lobbied to address the issue of low pay in their businesses

Investors worth more than £13 billion are issuing a call to FTSE 100 companies to adopt Living Wage standards across their UK operations, as a new campaign gathers momentum on both sides of the...

Employees face biggest squeeze since 1920s, according to Deloitte

Bank of England Governor Mervyn King has announced biggest squeeze on real pay since the 1920s - and worse may be yet to come, with household earnings not set to increase until the end of 2012.

New announcements on FSA pay rules will spell end of retention bonuses according to PwC

The FSA has published new guidance on its pay regulations which seek to better align pay in the financial services industry with risk.

Staff prepared to lose £11,000 in salary in exchange for a three-day weekend

In the wake of the recession, employees are prioritising work life balance, with two thirds prepared to rake a pay cut in favour of a three-day weekend.

Most financial services staff still receive bonuses, but don't think they receive enough

More than three quarters of London's financial professionals received bonuses in 2010/11 – but more than a third were dissatisfied with their payment, according to a new report.

Childcare provider, Childbase awards employees with a £650,000 bonus

Employee-owned company, Childbase which has 39 nurseries and a school in the South of England, is not only giving its employees a shared bonus of £650,000 but has let them decide how it is shared.

HMRC warns employers of PAYE changes coming into effect

HM Revenue & Customs (HMRC) has issued an alert to employers about key PAYE changes coming this spring.

TUC hails ‘modest’ increase in national minimum wage

The TUC has welcomed yesterday's Government announcement that the national minimum wage (NMW) is to be increased by 15p to £6.08 an hour.

ONS proves graduates and men earn more

Degree-holders earned an average of £12,000 a year more than non-graduates over the past decade, analysis from the Office for National Statistics shows.

Pitfalls of payment in lieu of notice (PILON)

A recent Court of Appeal decision has brought into sharp focus the importance for employers of properly defining in their contracts what is payable under a payment in lieu of notice clause (a...

HR salary outlook brighter, despite tough times, says CMI

At 12%, labour turnover in the HR profession is higher than the national average of 10.5%, according to the National Management Salary survey from the CMI and XpertHR, published yesterday.