Pay freezes set to spread as Retail Price Index shows deflation

The drop in the Retail Price Index (RPI) could lead to more widespread pay freezes, according to economists.

Pay settlement values continue to fall as more employers freeze pay

The median pay settlement has fallen from 3.4% to 3% since the end of February - and a quarter of all deals so far this year are pay freezes.

Sainsbury's staff to share a bonus pot of 60 million

Profits of 543 million for Sainsbury's mean employees share a bonus pot of 60 million.

New adult minimum wage confirmed as 5.80 per hour from October

The Government has confirmed the National Minimum Wage will increase from 5.73 to 5.80 in October this year and from October next year 21 year-olds will be eligible to receive the full adult minimum...

Finance sector's gender pay gap is fertile ground for equal pay claims

The Equal Pay Act was introduced in 1970 but, nearly 40 years on, it seems that the gap between men and women's pay has yet to disappear completely.

G4S to claw back 2009 executive bonuses if next two years' results don't match forecasts

Security firm G4S has pledged it will 'claw back' bonuses executives receive this year, if the results for the next two years are not in line with its predictions, as a means of securing the company's...

Majority of employers plan a pay freeze and half consider redundancies

Nearly six out of 10 employers (58%) intend to freeze salaries this year and half are either certain they will make redundancies over the next six months or are considering the option.

Salaries and recruitment begin to pick up in the financial sector

The average City salary currently stands at 52,122 - a rise of 5% from March 2008 and 3% from February this year.

Managing risk in executive incentive programmes: a checklist for HR professionals

The past six months have been spent reacting to the downward spiral in equity markets, rising unemployment, wide-ranging government interventions to stabilise the global financial systems and local...

The best way to get a pay rise this year is to change jobs

Only 35% of employees think they will receive a salary increase this year - and 15% are getting a pay rise only because they are changing jobs.

The average UK pay rise this year will be one of the lowest in the world

UK employees will receive an average pay rise of 1.46% this year - among the lowest rates on offer anywhere in the world.

Teachers' pay demand is four times higher than the figure the Government said it would offer

Teachers have demanded either a pay rise of 10% or 3,000 - whichever is greater.