Archive | January, 2012

Public service pension reforms “unlikely to save money”

The public service pension reforms currently being negotiated will make “little or no difference to the long-term costs”, according to analysis by researchers at the Institute for Fiscal Studies (IFS). Discussions over the reform of public service pensions have been… continue

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Police officer pay and pensions changes confirmed

The award of the Police Arbitration Tribunal (PAT) on a package of reforms to police officer pay and conditions in England and Wales has been accepted in full by Home Secretary Theresa May, it was announced today (30 January 2012).… continue

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Tidjane Thiam - Annual Meeting of the New Champions 2011

The national minimum wage: ‘A machine to destroy jobs’?

“The minimum wage is a machine to destroy jobs.” This is according to Prudential Chief Executive Tidjane Thiam, speaking at the World Economic Forum in Davos, yesterday (Thursday 26 January 2012). Thiam argued that the national minimum wage is a… continue

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“Underwhelming” proposals on curbing executive pay

Reaction to Vince Cable’s proposals on executive pay (on the Parliament website) is mixed, with many commentators questioning whether they will lead to any difference in practice. Unions in particular had hoped that the proposals would include introducing employee representation… continue

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Pay rises highest for three years

The first analysis of pay settlements effective in 2012 reveals a marked increase in the level of awards made, according to pay specialists XpertHR.
Pay rises effective in January 2012 – exclusively in the private sector due to a lack… continue

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Regional pay riles unions

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Moving public sector workers onto regional pay has been branded by the GMB as “short changing regional economies”.
The Government proposals to introduce regional pay weredebated at the House… continue

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Pay progression freeze for police officers upheld by Police Arbitration Tribunal

UPDATE 30 JANUARY 2012 The Home Secretary has confirmed that she will accept the Police Arbitration Tribunal’s findings in full.
A two-year freeze on pay progression for most police officers in England and Wales should go ahead by April 2012,… continue

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XpertHR economic commentary January 2012: Welcome to ‘no-growth Britain’?

XpertHR’s January 2012 economic commentary looks ahead to prospects for the coming year.
As 2012 gets underway, the UK economic outlook is extremely uncertain.
The UK is now well into the age of austerity. Growth is ongoing but weak, with… continue

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Economic prospects for 2012: The HR bloggers weigh in

We canvass the views of a number of leading UK HR bloggers and commentators on economic prospects for 2012.
Kevin J Ball, Mervyn Dinnen, Neil Morrison and Steven Toft have their say.
As a companion piece to XpertHR’s January 2012… continue

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Pay bargaining statistics: January 2012

We present the January 2012 XpertHR Salary Surveys pay bargaining statistics table, which provides the latest monthly summary of key data for pay specialists.

XpertHR Salary Surveys economic commentary for January 2012
Economic prospects for 2012: The HR bloggers weigh in

XpertHR… continue

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