Following investigations by HMRC which concluded between 2017 and 2019, 202 employers have been named and shamed by the government for failing to pay their staff the legal minimum wage.
As HR professionals, you’re probably familiar with the common issue of recruiting people on salaries that are higher than your internal pay ranges. It’s a huge cause of much of the inequity we see in...
With the Times reporting that over half of UK job adverts do not display salary or pay brackets, could the push for pay transparency be over?
As the cost of living continues to soar, workers across the country have found their disposable income shrinking beyond all recognition.
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...
The CIPD and the High Pay Centre have called for the reformation of FTSE 100 remuneration committees (RemCos) following the results of their latest executive pay report.
?These came into force in January 2019, with most reporting generally beginning in 2020 (apart from CEO pay ratios)
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Questions need to be asked about whether board members had the best interests of the company at heart
Demonstrating that RemCos understand the wider workforce’s pay packages, powers to exercise discretion, and a willingness to act may go a long way towards addressing high pay issues
While poor corporate governance and boards have been blamed for the CEO-worker pay gap, HR should look to its own management processes and ask if employees as a whole are losing out
The FRC consultation also includes plans to require firms to publish their executive gender balance and on worker representation on boards