Tags: salary

REC reports slowest rate of placement growth in 18 months

Permanent placements increase at slowest pace in 18 months Faster rise in temp billings Strong salary growth amid falling candidate availability The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs – published today – provides the most comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies.…

Find out what others really earn on UK’s first ever live salary comparison site

East of England recruitment consultancy firm, Pure Resourcing Solutions (Pure), has launched the first live peer-to-peer salary comparison website in the UK. www.comparemysalary.co.uk is designed to add a greater level of transparency to the taboo workplace conversation topic – how much do people really earn. www.comparemysalary.co.uk has attracted over 1,200 salary entries from professionals in…

Loyal employees will earn 50% less over their lifetime than those who ‘jump ship’ every two years

Forbes magazine has undertaken research and found that employees who ‘jump ship’ every two years and find a new job, will, over their working lifetime, earn double that of the loyal worker who remains with the same employer for many years. How can this be? Well the average worker in 2014 will receive a 3%…

Four out of ten people would refuse to buy from retailers who do not pay Living Wage

Consumers will change their buying habits and shop elsewhere if British businesses fail to pay staff a fair wage. According to a survey of more than 1,000 individuals across the UK, most people believe that the country’s continued economic recovery demands a close examination of the UK’s wage structure – and many think that the…

Male graduates more interested in money and less interested in ethics than female graduates

When it comes to graduate careers, men and women think differently and for men, salary is more important than a company’s dodgy image and having a fulfilling career. These were findings from the trendence UK Graduate Barometer Survey 2014, the largest annual survey of undergraduates’ career plans with over 27,000 students taking part from over 100…

Sales staff must now receive holiday pay that includes their commission

UNISON yesterday won a landmark case that could pave the way for employees whose pay is commission based to be entitled to holiday pay that includes their commission. The Court of Justice of the European Union (CJEU) ruled that workers must receive their normal remuneration for annual leave which must include both commission and basic pay. The judgment has important implications…

The self-employed earn 40% less than employees but numbers still swelling

The typical self-employed worker earns 40 per cent less than the typical employee reveals a new report which provides the most in-depth picture yet of the UK’s growing self-employed workforce and how it is changing. The study by independent think tank the Resolution Foundation shows a dramatic fall in the weekly earnings of the self-employed…

Equal pay a hot topic as even male workers sue for sex discrimination

The effects of equal pay legislation have recently hit the Higher Education sector, with 23 male workers (caretakers, tradesmen) at the University of Wales, Trinity St. David (Swansea) suing for sex discrimination, claiming they were paid less than women on the same pay grade (secretaries, office workers). The University has conceded the claims, with the…

More and more ‘9 to 5’ Brits moonlighting to earn extra income

The number of Brits ‘moonlighting’ in a bid to supplement their incomes, has more than doubled in just twelve months according to online freelance marketplace PeoplePerHour. Those registering on the site to earn extra cash alongside a full or part time job has risen by 110% to just over 190,000. A recent poll of moonlighters revealed…

What expectations do you have this year for a pay rise?

A global poll conducted by Monster reveals that only half of respondents (51%) are expecting a pay rise. In honour of International Women’s Day on March 8 — a day set aside to inspire women and celebrate their achievements — Monster also looked at the results by gender, finding that female and male respondents are…

Public sector workers are worse off now than at anytime during recession

Real take home pay growth in the FTSE 350 remained static at 0.3% in the three months to end of December 2013 – the same growth figure as the three months to the end of November 2013 Services sector real take home pay growth slowed slightly in the three months to the end of December…

National Minimum Wage fine quadrupled to £20,000

Rogue employers who do not pay their workers the National Minimum Wage (NMW) will face an increased penalty of up to £20,000 as part of government’s crackdown on employers who break the law. Currently employers that break NMW law must pay the unpaid wages plus a financial penalty calculated as 50% of the total underpayment for all…

Ian Davidson: Pay rounds and Christmas cards

As we enter both the pay round and Christmas card period for some unexplainable reason I started to ponder over the similarities between the two seasonal activities. Perhaps it is because both events evoke a mixture of excitement and expectation matched with a sense of fear and  foreboding. I have a passion for running pay…