KPMG boosts staff bonuses after profits jump 27%

Professional services firm KPMG has announced it is increasing its staff bonus pool by 20% after restoring profits following the "first and toughest" year of a three-year turnaround plan.

Maternity pay could be slashed as part of the cap on welfare spending, Cameron confirms

Maternity and paternity pay could be cut in the future, as these payments have been included in the Government's new benefits cap announced in the Autumn Statement, prime minister David Cameron has...

Temporary working arrangements: A more balanced view?

In an ideal world, there would be permanent jobs for everyone and regular and generous pay rises.

Travis Perkins employees set to share £17 million share scheme payout

FTSE 100 builders' merchants Travis Perkins has announced more than 7,000 of its employees could be in line to share £17 million as part of the company's Sharesave scheme.

MPs criticise 'incomprehensible' pay rise

MPs have criticised and rejected plans to increase the amount they are paid by 11%, with one minister describing the potential rise as "utterly incomprehensible".

MPs criticise 'incomprehensible' pay rise

MPs have criticised and rejected plans to increase the amount they are paid by 11%, with one minister describing the potential rise as "utterly incomprehensible".

Minimum wage enforcement not fit for purpose, says think tank

There are "systematic failures" in the way National Minimum Wage (NMW) compliance is enforced and oversight is in need of reform, a report from think tank Centre for London and charity Trust for...

CEO pay not always aligned with performance, says KPMG study

A majority of FTSE 350 companies are paying CEOs at least 60% of their maximum allowable bonus, despite a quarter of companies reporting a fall in profits, KPMG research has found.

EU bonus cap: Ruling could put UK at disadvantage

The UK Treasury has announced it will challenge the European Court of Justice’s decision to cap bankers’ bonuses to no more than a banker’s fixed salary or twice that level with shareholder approval....

Features

Pay the biggest focus for investors, study finds

Investors took a tougher stance over executive pay last year, with shareholders more likely to vote against pay reports at AGMs, and less likely to abstain when remuneration was being discussed, the...

EU bonus cap: the HR director's view

The UK Treasury has announced it will challenge the European Court of Justice’s decision to cap bankers’ bonuses to no more than a banker’s fixed salary or twice that level with shareholder approval....

Features

Directors' pay rises 14%, but bonuses fall, research finds

Total pay for FTSE 100 directors rose by 14% last year, driven by a large increase in share-based long-term incentive payments, according to research from City pay analysts Income Data Services (IDS).