Employers are continuing to invest in junior members of staff, while senior managers and executives are bearing the brunt of pay freezes according to a new report.
In lean periods, businesses need to focus on areas that directly impact the bottom line and in this respect compensation has one of the most profound impacts of all.
In the current economic climate companies are obviously struggling and the presence of a final-salary pension scheme will often be placing an added strain on a company's finances.
The Government must give businesses struggling in the recession more 'breathing space' to take steps to minimise the effects of deficits in their final-salary pension schemes, according to the CBI.
A qualification for managers to help improve the health and wellbeing of their staff is being piloted by EEF, the manufacturers organisation.
Thanks to a 'bullish performance' by global equity markets, the asset value of UK workers' defined-contribution (DC) pension accounts has increased by 10% since April to a combined total of 418...
Employees at a Honda factory in Swindon have voted to take a pay cut in order to protect jobs.
Workplace stress is set to cost UK businesses more than 673 million this year, equating to 13.5 million stress-related sick days.
Health and wellbeing consulting and brokerage firm, Private Health Partnership (PHP) has acquired Dorchester-based Healthcare Matters.
The drop in the Retail Price Index (RPI) could lead to more widespread pay freezes, according to economists.
Novo Nordisk has taken on a fleet of 99 low-carbon BMW 3-series company cars.
The median pay settlement has fallen from 3.4% to 3% since the end of February - and a quarter of all deals so far this year are pay freezes.