Board pay stalls and gender pay gap widens across Europe, finds Hay Group

Executive pay restraint exercised across Europe is being reflected in non-executive directors (NED) fees, according to a report published today from global management consultancy, Hay Group.

Management pay will struggle to keep pace with inflation in 2013, reveals report

Managers' and professionals' incomes will struggle to keep pace with inflation, with average pay increases of 2.2% forecast for 2013, reveals a report from HR research organisation Incomes Data...

Goldman Sachs staff share £8.1 billion bonus package

Nearly 6,000 UK employees at US banking firm, Goldman Sachs are set to share bonus packages of £8.1 billion working out at an average bonus payout for each employee of £250,000.

Year ends with low pay growth, XpertHR pay survey reveals

As 2012 comes to an end there is no sign of a sustained increase in the level of pay awards, according to data released today by HR advice firm XpertHR.

Employers must rethink benefits package in unstable times, says HRD

Employees have become ‘increasingly risk-aware’ since the economic crisis hit. They are concerned their financial worries will continue for the long term and believe there is ‘no end in sight’,...

Gender pay gap falls to 9.6%, says ONS

The pay gap between men and women has shrunk from 10.5% of men's full-time hourly earnings to 9.6%.

UK wages may be down, but life satisfaction is up, says ONS

Simply being employed – rather than the size of the salary – has the largest impact on people's wellbeing, according to a study published yesterday from the Office of National Statistics (ONS).

The rise and fall of the recruitment industry

The recruitment industry grew by 4.3% (to £25.7billion) in the financial year 2011/12 and is predicted to surpass its pre-recession peak of £27 billion by the end of 2013/14, according to research...

The average female executive £400,000 poorer over a lifetime than her male counterpart, according to CMI analysis

New figures released today by the Chartered Management Institute (CMI) reveal the true extent of the gender pay gap at executive level. The average female executive suffers a lifetime earnings gap of...

LLoyds Banking Group considers dropping annual bonuses

Lloyds Banking Group is considering abandoning annual bonuses for senior staff, according to reports today.

Engagement and motivation now more important for reward professionals than attraction and retention, says CIPD

Attraction and retention of key employees is no longer high on the agenda for reward professionals, according to the latest Reward risk survey from the Chartered Institute of Personnel and Development...

Pay deals nearer to parity with inflation

Pay settlements are edging closer to inflation levels, but only because inflation is falling, reports HR research company, XpertHR.