HR reward special 4/7: Government proposals to submit executive pay policy to shareholder vote have implications for HR

The Government’s attempt to push shareholders to at least question – rather than curb – spiralling executive pay has gathered momentum, after business secretary Vince Cable MP published draft...

HR reward special 3/7: interview with Jayne Billam, HR director at the University of Lincoln

In the year 1088, two decades after William the Conqueror invaded England, work began on building the breathtaking Lincoln Cathedral. Only eight years later, in 1096, the first evidence of...

Minister for employment relations names and shames employer for 'flouting' minimum wage

Norman Lamb (pictured), minister for employment relations, has named an employer under the BIS Scheme for naming employers who flout National Minimum Wage (NMW) law.

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Banks move to 'claw back' compensation payments made to employees, says Mercer survey

More than a tenth of global banking organisations have ‘clawed back’ compensation payments made to employees while a further 3% of organisations have reclaimed the payments but have yet to receive the...

Pay growth slows for FTSE 100 directors, finds IDS

Bonuses frozen for many, and falling for some but FTSE-100 CEOs still see a median 8.5% earnings rise, according to the Incomes Data Service (IDS).

TUC study uncovers widening North-South pay divide and lack of Government action to re-balance the economy

The Government is failing in its pledge to rebalance the economy, which is now more dependent than ever on financial services, according to the latest TUC economy report published today.

UK has lowest annual employee costs per head in Western Europe

Employers in the UK have the lowest cost per employee per annum anywhere in Western Europe, according to Towers Watson’s annual Global 50 Remuneration Planning Report.

Hay Group study finds FTSE 350 non-executive directors believe executive reward is too high

As media and shareholder scrutiny of top pay gathers pace, non-executive directors (NEDs) at the UK companies have agreed “executive reward is too high”, according to a study by from global management...

Temporary staff salaries hold up in economic uncertainty, says Office Angels

Salaries for temporary workers are not declining despite job market uncertainty, finds Office Angels.

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Should employers implement pay transparency in the workplace?

Last week, Channel 4 asked Pimlico Plumbers to repeat a 50 year old experiment requiring staff to reveal how much they earned in front of peers.

Kay Review puts spotlight on business short-termism and pay excesses

Restoring relationships built on long-term trust and confidence and realigning incentives across the investment chain should be the basis of a much-needed shift in the culture of the UK’s equity...

HMRC shows charitable payroll giving donations increase by £4 million over the last year

HMRC figures published this week reveal the funds being donated to charity directly from employee pay through payroll giving schemes, has risen by 3.5% in the last year despite the difficult economic...

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