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.
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.
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.
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.
The Bank of England has called for cuts in bank bonuses in order to boost their reserves.
The Government has accepted the Low Pay Commission's recommendations to increase the three minimum wage rates from October 2010.
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.
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.
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 have returned to the City with a vengeance as bidding wars for bankers heat up.
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...
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.