FTSE 100 CEO pay increased by 16% between 2021 and 2022, according to research from thinktank the High Pay Centre.
The UK economic crisis will see real wages remain below their Q1 2022 level until at least the end of 2027, leading to a long-term increase in poverty, according to research.
One third of workers from ethnic minority backgrounds in the UK are no longer able to pay their bills, rent or mortgage each month due to the cost of living crisis.
Company executives were less likely to receive a pay cut during the pandemic compared to other employees.
High earners are more likely to receive pay rises to match cost of living increases than lower income workers.
Greencore, John Lewis Partnership and WH Smith have joined a list of companies facing criticism for reaping financial reward during the pandemic, yet not repaying money secured from the government for...
The median earnings of a FTSE 100 CEO for 2022 will have surpassed £31,285 this morning, the median annual wage for a full-time worker in the UK, after just 38 hours of work.
Of all the issues they face, those related to workplace pay inequality can be the hardest for managers to deal with. Pay is an important way to encourage career progression, and to reward those with...