UK firms split on pay awards

A disparity in the percentage value of raises is growing in UK businesses, despite average pay awards remaining steady at 5%, according to new data.

Real wage stagnation will deepen poverty in the UK

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.

High-earner pay rises threaten inflation spiral

The top 1% of earners in the UK are getting pay rises in line with inflation, while the country's lowest earners are not.

Has regulation helped close the gender pay gap?

Gender pay gap reporting has been with us since 2017 - the UK being at the forefront of legislation in this area.

One third of ethnic minority workers can no longer afford their bills

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.

Executives protected from pay cuts during pandemic

Company executives were less likely to receive a pay cut during the pandemic compared to other employees.

High earners prioritised for cost of living pay rises

High earners are more likely to receive pay rises to match cost of living increases than lower income workers. 

Employers criticised for keeping coronavirus support money

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...

CEO pay passes average annual income after just 38 hours of work

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.

Harnessing pay inequality to increase employee trust

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...

Pay rises plateau as road to recovery continues

Pay rises have stabilised at 1.5% after falling to zero in 2020 amid the COVID-19 pandemic.

Sharp rise in working poverty signals need for more employer support

Working poverty rates have risen across the entire country, according to a new report by the Institute for Public Policy Research (IPPR) think tank.