BT agrees three-year pay deal for staff with Communication Workers Union

The Communication Workers Union has reached a three-year pay deal with BT worth 9.3%, in a bid to avoid strike action from staff.

Restructuring of bonuses will mean they will be harder to earn

UK firms are putting more emphasis on bonuses as the economy emerges from the downturn, but bonus structures are changing, meaning staff have to work harder to get them.

Who are the trade union fat cats on six figure remuneration packages?

Despite threatening strikes over public sector cuts 38 trade union leaders, including those from some of the biggest public sector unions, are enjoying remuneration packages in excess of 100,000.

CIPD calls for a minimum training wage of 2.50 for graduate interns

The CIPD has called for the introduction of a 2.50 an hour 'training wage' on the day that internship schemes for recently graduated students begin across the country.

Bank of England calls for further bonus cuts in the banking sector

The Bank of England has called for cuts in bank bonuses in order to boost their reserves.

National Minimum Wage for adults will increase to 5.93 per hour

The Government has accepted the Low Pay Commission's recommendations to increase the three minimum wage rates from October 2010.

A third of broadcast journalists would receive no pay rise under BBC pay proposal, says NUJ

The National Union of Journalists has called on the BBC to 'rethink their position' following a pay offer for staff worth what it claims is 1% of the corporation's wages bill.

Professional services sector is moving towards merit-based remuneration

Over the past six months the legal press have reported a number of major firms moving away from the traditional lock-step model and chargeable hours towards a merit-based system for remuneration.

CIPD calls for public-sector pay and bonuses to be performance-related

Ministers and senior civil servants should make greater use of performance-related pay and bonuses in the public sector if they want to maximise value for the taxpayer while also driving through...

Buybacks of staff resigning to join a competitor are on the increase in the City

Buybacks have returned to the City with a vengeance as bidding wars for bankers heat up.

Allow employees 15 minutes of their working week to seek advice and manage their finances

The current economic climate has seen companies examine their finances and address how best to achieve maximum efficiency. An important but often overlooked aspect of doing so is supporting the...

Employers must be more proactive in closing gender pay gap, says Equality and Human Rights Commission

On the 40th anniversary of the Equal Pay Act, the Equality and Human Rights Commission has called on organisations to do more to close the pay gap between male and female employees.