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Firms offering pay rises set to reach highest levels in a decade

Firms offering pay rises set to reach highest levels in a decade

According to new research by the CBI, almost half of firms are intending to raise pay in line with inflation.  A new study conducted by the Confederation of British Industry (CBI) indicates that staff shortages are prompting more employers to offer pay rises. As such,...

Men more likely to ask for a pay rise compared to women

Men more likely to ask for a pay rise compared to women

New research finds that male employees are twice as likely to ask for a pay rise in comparison to female colleagues.  Data released by Cendex, part of XpertHR, has revealed that almost a quarter of male employees (23 per cent) are likely to ask for a pay rise each...

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...

Reward Analysis

Deborah Frost: Making reward and recognition personal

Deborah Frost: Making reward and recognition personal

  A successful employee benefits programme only truly works when it is meaningful to the individual. Employees want to feel valued for their contribution, not like a small cog in a large machine. Research has shown that happy and engaged employees are up to 20...

Gail Cohen: Making the most of gift cards as an employee reward

Gail Cohen: Making the most of gift cards as an employee reward

Gift cards have become an increasingly integral part of many businesses reward schemes. Indeed, our most recent State of the Nation report revealed that the B2B gift card market has grown by more than 20 per cent year-on-year. From an employee’s perspective, the...

Ken Charman: Creating a reward strategy for the digital age

Ken Charman: Creating a reward strategy for the digital age

Recognition is becoming a motivational necessity. According to a recent survey across the US, UK and Australia, employees are rejecting generic and annual rewards as inadequate, instead demanding to be recognised in more timely and meaningful ways. Only 20 per cent of...

Brett Hill: The dangers of demographic generalisation in the workplace

Brett Hill: The dangers of demographic generalisation in the workplace

  Demographic generalisations continue to make headlines, as another trait of a particular age group is “exposed” for readers to feast on and debate. While having groupings such as “Millennials” and “Baby Boomers” can be useful in the workplace - as a starting...

Brian Kropp: Employee behaviour influenced by Brexit disruption

Brian Kropp: Employee behaviour influenced by Brexit disruption

While an unstable government continues to “throw the dice” on its potential next steps – with continuing delays - it is no wonder that businesses have felt forced to accelerate their Brexit planning. However, within such plans, employers are failing to predict how...

Jennifer Liston-Smith: New Benchmark for Parental Leave Policies

Jennifer Liston-Smith: New Benchmark for Parental Leave Policies

The biggest driver of parental leave policies is the competition for talent. So said 54 per cent of respondents to a new benchmarking survey conducted by Bright Horizons / My Family Care in partnership with HRreview. The just-launched Benchmark report provides...

Ann Marie Bell: Unconscious bias of bonuses

Ann Marie Bell: Unconscious bias of bonuses

  Company bonus schemes are designed as an incentive that every employee can look forward to throughout the year. If a business is on track to reach its targets for the year, those that have hit their targets will be fortunate enough to gain a lump sum as a thank...

Simone Martorina: Imagining workplaces for the millennial workforce

Simone Martorina: Imagining workplaces for the millennial workforce

The workplace of today is undergoing an invisible revolution – and the era of the 9.00 to 5.00 working day is becoming a thing of the past. Employees are increasingly customising their hours and taking advantage of flexible working practices; staff are increasingly...

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