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PwC reveal that working class employees are paid 12 per cent less

PwC reveal that working class employees are paid 12 per cent less

According to new data released by the professional services firm, the median pay gap for staff from a lower socio-economic background stood at 12.1 per cent.  PricewaterhouseCoopers, one of the Big Four accounting firms, has revealed that under 15 per cent of its...

Bosses now offering cash rewards for employee loyalty

Bosses now offering cash rewards for employee loyalty

Employers are shifting the way that they recognise and reward loyal employees due to staff now remaining with a single employer for significantly less time than before. According to figures from XpertHR, businesses are more inclined to offer monetary rewards for...

Ocado facing allegations of paying drivers less than £5 an hour

Ocado facing allegations of paying drivers less than £5 an hour

According to a new report by The Observer, drivers working for the online supermarket company are earning significantly under the National Minimum Wage.  Ocado drivers are now allegedly being paid up to £5 an hour after the company brought in delivery partner Ryde...

22 highest earning CEOs used furlough scheme for staff

22 highest earning CEOs used furlough scheme for staff

At least 22 FTSE 100 companies were shown to be supported by the Covid Corporate Financing Facility (CCFF) or the Coronavirus Jobs Retention Scheme (CJRS, also known as furlough), and the mean pay for CEOs of these companies was £2.36 million. The annual survey by the...

Pay awards stabilise after pandemic uncertainty

Pay awards stabilise after pandemic uncertainty

According to new research, pay awards have stabilised after the year of uncertainty created by the pandemic. New data from XpertHR shows that between May and July 2021, the median basic pay award was worth 2 per cent, the same figure as the three previous rolling...

Pret A Manger make temporary staff pay cut permanent

Pret A Manger make temporary staff pay cut permanent

Pret A Manger has announced that a temporary pay cut, introduced because of the pandemic, will now be permanent. The sandwich chain giant attempted to mitigate the effects of low footfall at the beginning of the pandemic by not paying workers during their breaks....

Civil servants could face a pay cut if working from home

Civil servants could face a pay cut if working from home

Reports from various news outlets states an unnamed cabinet minister has suggested that civil servants who choose to work from home should receive a pay cut.  An anonymous senior cabinet minister interviewed by the Daily Mail has shared their view that civil servants...

Benefit packages failing to meet the workforce’s expectations

Benefit packages failing to meet the workforce’s expectations

New data highlights a discrepancy between what employers are providing in terms of benefits and what staff really want - with many workers arguing that some benefits should be mandatory.  Research by Moneypenny, an outsourced communications provider, has found that...

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Nick Gallimore: Rethinking pay and reward in the hybrid model

Nick Gallimore: Rethinking pay and reward in the hybrid model

Soon offices across the country reopen the questions will start around what type of working model will work best for your organisation, and how pay and reward will fit into this new working model. These new ways of working are uncharted territory for many, and...

Heidi Allan: How Covid has transformed employee wellbeing and benefits

Heidi Allan: How Covid has transformed employee wellbeing and benefits

While the impact of COVID has lifted employee wellbeing up the corporate agenda, it has also fundamentally shifted the way we think about our employees, the support they need and how to best communicate with them. As a result of this shift, employers are starting to...

Paul Jackson: The Challenges of Salary Advance Schemes

Paul Jackson: The Challenges of Salary Advance Schemes

The recent publication of the Woolard Review marks a turning point for Employer Salary Advance Schemes (ESAS), the payment innovation sometimes known as ‘On-Demand Pay’. The Woolard Review is the latest report by the Financial Conduct Authority (FCA) into ‘change and...

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