Tags: Pay and benefits

Sainbury’s announce pay increase for 137,000 store employees

Supermarket giant Sainsbury’s have announced today that they will award 137,000 colleagues working in stores across the country a pay increase of four percent, taking their standard rate of pay to £7.36 per hour, effective from 30 August. The decision takes pay for store employees above the Government’s new National Living Wage announced by George Osbourne in…

Companies fined for failing to deliver workplace pensions on time

With fines looking set to surge for non-compliance with pensions auto-enrolment, businesses must act now if they want to avoid a hit to their finances, warns Lighthouse Group, one of Britain’s largest providers of financial advice. A total of 166 employers were fined for failing to comply with their workplace pensions duties in the last…

CIPD reacts to Chancellor’s Autumn Statement

CIPD warns that increases in productivity required to drive real wage growth will take longer to arrive than expected. But this could also mean it takes longer for interest rates to start rising. Commenting on the Chancellor of the Exchequer’s Autumn Statement and the accompanying economic forecast from the independent Office for Budget Responsibility, CIPD…