RBS's Sir Fred Goodwin agrees to reduce his pension

Sir Fred Goodwin, former chief executive of the Royal Bank of Scotland, has agreed to reduce his pension by 200,000 per year.

Directors get company cars more than twice the value of those given to junior managers

Board directors in the UK are given a company car worth an average of 37,746 - compared with the average 17,900 value of a junior manager's company car.

BT's diabetes screening a success

BT has revealed more than 5,000 employees have undertaken an online risk assessment for diabetes in just six weeks.

Personal accounts come low on employees' financial priority list

Six out of 10 employees see no benefit in personal accounts, when saving for retirement.

British Airways asks staff to volunteer to work unpaid for a month

British Airways has asked 30,000 staff to work voluntarily for one month to save costs as the airline faces its toughest-ever trading environment.

Holiday trading by cash-strapped employees escalates

Holiday trading has shot up by 21% in the past year, as cash-starved staff look to boost their salaries.

Unite lambasts companies that use the recession as an excuse to cut pension provision

Trade union Unite has expressed 'outrage' at the number of employers closing final- salary pension schemes in the last month.

Defined benefit pension deficits predicted to increase twelve-fold by end of year

Employers still offering defined benefit (DB) pensions could face a twelve-fold increase in pension deficits - taking the total to 689 billion by the end of this year - according to pension experts.

HR must help employees to make informed financial decisions

Leading organisations are increasingly seeking to look after their employees' interests beyond the immediate workplace remit. Many organisations have recognised financially secure employees are more...

HR salaries see double digit rises

While many industries are slashing staff wages, the salaries of HR professionals actually rose by an average of 2.5-3.5% in the last year, with some rising by more than 20%.

Anglian Water denies trade union claims of pay cuts in the face of industrial action

Staff at Anglian Water are set to strike next week over trade union claims of potential pay cuts and changes to shift patterns but Anglian Water denies claims by the GMB union that staff could lose as...

How the term 'expenses' is open to misinterpretation

Given the recent and very public press attention on the subject of expenses, what has always been perceived as a dry topic is now very much on the conversational agenda -- from dinner parties to...