Pay and reward

Conservatives plan benefits cap to fund apprentices

The Conservatives have unveiled plans to fund 3 million apprenticeships, partly by imposing stricter conditions on youth benefits, if they win a clear majority in the next general election.

Advertised salaries growing faster than inflation, says Adzuna

Average advertised salaries saw a year-on-year increase of 1.9% up to August 2014, according to research by Adzuna.

Monarch staff vote for pay cuts to save company

Employees at airline The Monarch Group have voted to accept a significant decrease in pay so that the company can target the budget travel market.

CBI concerned about Labour's minimum wage plans

Labour's proposed increase in the minimum wage to £8 per hour by 2020 would place a strain on business and put jobs at risk, according to Confederation of British Industry (CBI) deputy...

Unison's NHS members vote to strike

Unison's 300,000 members have voted to strike over a continuing pay dispute. It is the first time in more than three decades NHS workers have decided to strike over pay.

Business groups cautiously optimistic on employment and wages

Employment and business experts reacted largely positively to the latest Office for National Statistics (ONS) unemployment figures yesterday.

Executive pay to be closer aligned with 'long-term success'

The Financial Reporting Council (FRC) has unveiled an updated version of the UK Corporate Governance Code that includes plans to improve the reporting and regulation of executive remuneration.

Unemployment in biggest annual fall since 1988

Unemployment fell by 468,000 from July 2013 to July 2014, the biggest year-on-year decrease since 1988, according to figures released by the Office for National Statistics (ONS).

Carney predicts wage growth to pick up mid-2015

Employment experts and unions are divided over comments made by Bank of England governor Mark Carney in his speech to the TUC conference in Liverpool.

AE savers have less than 50% chance of matching work income

Employees who put in minimum contributions to their auto-enrolment pensions from 22- to 68-years-old still have less than a 50% chance of a retirement income on par with their working salary,...

Millennials less motivated by salary than Gen Y

Millennial employees (those born after 1994) claim to be less motivated by money than Gen Y (born between 1980 and 1994), according to a report by Randstad and Millennial Branding.

What to do about holiday pay?

The European Court of Justice (ECJ) has issued its much anticipated decision in the case of Lock vs British Gas. As many predicted, the court held that commission payments must be taken into account...