Foreign exchange company Travelex has implemented a cost of living pay increase for workers in affected territories.
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.
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.
The cost of living crisis is likely to get worse before it gets better, meaning HR will be relied upon heavily once again to keep anxious employees happy and connected, writes Nosa Omoigui
HR has been urged to ensure Working Time Directive (WTD) leave is in order pending a Supreme Court decision relating to holiday pay.
Workers’ rights is a topic that graces the pages of HR magazine often. Of course, they will always be paramount to the business leaders who flick through our pages, but on top of that, there’s a...
The cost of living crisis and high energy prices appear set to cause problems for some employees over the Christmas period, and many directors and managers will be looking for ways to give a helping...
With the value of UK workers’ wages falling, what is hindering employers from increasing employee pay?
UK businesses are losing up to £150,000 a year through payroll errors, according to research from HR, payroll and finance software provider MHR.
Organisations such as Barclays, Lloyds Group, Virgin Money and British Airways have offered their staff one-off bonus payments to help with soaring living costs, yet bonuses might not be a quick fix...
The median basic pay increase in the three months to the end of June 2022 has remained at 4% for the third consecutive quarter, suggesting pay rises in the UK may have reached their peak.
Low paternity pay meant just a third of eligible new fathers took paternity leave in the last year.