Ignore benefits and pay at your peril

As some companies report an upturn and others only just start to feel the pain, no organisation should neglect the effect of reward on talent.

Majority of workers overestimate their monetary worth to their employer

More than nine out of 10 UK employees think they are underpaid although 61% of them wrongly overestimate their worth, research reveals.

Gap between pay rises in retail and the general market shows no sign of closing

Pay rises in the UK retail sector are failing to recover from recession levels and falling significantly behind general market trends.

Buyout of bonus shares is rife in City firms competing to lure high-performers

Banks and hedge funds are stepping up their bonus buyout offers as they try to prise key staff from their competitors.

News

Any salary increases in 2011 are expected to be below the rate of inflation

While salaries are set to increase in 2011, they will be below inflationary levels, new estimates suggest.

BP to link health and safety to reward following Macondo 'incident'

BP is to create a new safety division and has put plans in place to link staff safety to reward.

NHS Employers welcomes review of consultants' lifetime bonuses

The current clinical excellence awards scheme for doctors is "costly, unwieldy and out of step with other pay systems in the NHS", according to NHS Employers.

Public Sector People Managers' Association fights back against accusations the sector overpays its leaders

The Public Sector People Managers' Association (PPMA) has moved to defend high pay in the public sector.

CWU general secretary calls for a high pay commission to investigate inflated salaries

The Communication Workers Union (CWU) has called on the TUC to set up a high pay commission to shadow the work of Mervyn King's Low Pay Commission and investigate high pay across the whole economy,...

Deloitte report predicts a two-year salary freeze for many executives in 2010

Over half of FTSE 350 companies will not increase the salaries of executive directors in 2010, according to a new report by Deloitte.

Employers should take care in implementing new pay structures following recent case ruling

Employers will have to carefully consider equal pay provisions when implementing new pay structures after a recent case in the Employment Appeals Tribunals.

Growing number of employers struggle to manage risks around how they reward employees

The proportion of HR professionals who believe their organisation, or their client, is poorly prepared to manage the risks around how they reward their staff has grown in the last year according to...