Tags: salary

The national minimum wage should be extended to 18-year-olds and apprentices as the recession hits younger workers hard. That is the view of Trades Union Congress (TUC) assistant general secretary, Kay Carberry, who will be calling on the government to increase pay for the young at its Young Members Conference, starting today (March 27th). Ms…

A new survey has revealed that an increasing number of companies are opting to introduce pay freezes or have reduced pay increases to cope with tough economic conditions. That is according to figures released by the Industrial Relations Services, which showed that the average pay increase among employers was just 2.6 per cent during the…

Companies which try to reduce staff wages without the consent of staff could leave themselves open to redundancy law payouts. That is according to Simon Horsfield, employment lawyer at Pinsent Masons, whose comments come in the wake of Hewlett Packard’s decision to cut the salary of its workforce. Mr Masons explained that in the UK,…

Employers need to avoid a situation where they have made redundancies in a recession and are left with an untrained workforce once the economic situation improves. That is the warning issued by Claire Steiner, chair of education and training at the Institute of Travel & Tourism. She said that companies would be wise to invest…

Employers need to avoid a situation where they have made redundancies in a recession and are left with an untrained workforce once the economic situation improves. That is the warning issued by Claire Steiner, chair of education and training at the Institute of Travel & Tourism. She said that companies would be wise to invest…

Businesses are failing to see the value in conducting equal pay reviews (EPRs). That is according to the Chartered Institute of Personnel and Development (CIPD), which has conducted its 2009 reward management survey. The survey reveals that just over half of companies have or are planning to conduct an EPR. Therefore, the CIPD believes the…

Despite news of staff freezes, a new report has revealed that two-fifths of employers will be increasing their secretarial and support staff in 2009. That is one of the findings in the annual Market Report and Salary Survey conducted by recruitment firm Crone Corkill. In addition to the 39 per cent of employers who said…

A government-backed study has recently revealed nearly seven out of ten temporary workers were satisfied with their salary at the start of 2008. The report by the Recruitment and Employment Confederation (Rec) showed 68 per cent of more than 400 agency workers questioned were happy with their wages. In addition, a third of those surveyed…

Training is almost as important as salary increases for IT professionals, an expert has claimed. Alex Farrell, managing director of the IT Job Board, pointed out the increasing importance of technology to businesses and said professionals in the sector are now often included at board level. Mr Farrell also noted that organisations have been forced…

The majority of workers in Britain are unhappy about the level of pay they receive, a new study has revealed. Produced by Jobsite.co.uk, the research found that 70 per cent of employees questioned believe they will never earn their ideal salary in their current job, while 41 per cent stated they will keep moving roles…

Companies in the UK have been urged to adopt flexible retention strategies which take into account the diverse requirements of staff. A study entitled One Size Does Not Fit All conducted by TalentDrain suggested that staff motivation and attitudes vary along with gender, age and ethnicity, among other things. For example, the research revealed that…