News

All items: Pay and benefits

  • Record number of workers on national minimum wage being underpaid

    Date:
    24 September 2018

    HM Revenue and Customs identified a record £15.6m in national minimum wage underpayment in 2017/18.

  • Labour plans compulsory employee share ownership

    Date:
    24 September 2018

    A future Labour government would require all companies with 250 or more employees to give shares to their workers worth up to £500 a year each, shadow chancellor John McDonnell will confirm in a speech at the party's conference today.

  • U-turn on tax cut for self-employed

    Date:
    7 September 2018

    The Treasury has announced that it will not abolish Class 2 national insurance contributions (NICs), a policy the Conservative party had pledged in its 2015 election manifesto.

  • Real weekly earnings £13 lower than before the financial crisis

    Date:
    23 August 2018

    Real average earnings are £13 per week lower than they were a decade ago; and there are still significant "employment gaps" among some disadvantaged groups, according to analysis by the Resolution Foundation.

  • Low-income families' earnings do not cover basic needs

    Date:
    20 August 2018

    Families with two parents working full time at the national living wage are 11% (£49 per week) short of the income needed to afford an acceptable standard of living, it has been claimed.

  • CEO pay rises by 11%, creating 'substantial' pay gap

    Date:
    16 August 2018

    The average FTSE 100 CEO pay package increased by 11% between 2016 and 2017, while full-time workers saw only a 2% rise in median earnings, analysis by the CIPD and the High Pay Centre has revealed.

  • Rail unions attack Grayling over CPI pay deal suggestion

    Date:
    16 August 2018

    Rail unions have reacted angrily to transport secretary Chris Grayling's assertion that costs in the rail industry - including pay awards - should be pegged to the consumer price index (CPI) rather than the retail price index (RPI) measure of inflation.

  • Vacancies and salaries enjoy "summer bounce", says REC

    Date:
    10 August 2018

    Vacancies for both permanent and temporary staff increased at the quickest rate for eight months in July, according to the latest Report on Jobs from the Recruitment and Employment Confederation (REC).

  • More police officers take on second jobs

    Date:
    8 August 2018

    Thousands of police officers have taken on a second job, while more than four in 10 worry about the state of their personal finances most days, a survey has found.

  • People who move between jobs benefit from higher pay

    Date:
    6 August 2018

    Research published by think-tank the Resolution Foundation has suggested that although pay growth remains weak in the UK, those who do not stay long with one employer can increase their income substantially - creating a "disloyalty bonus". Meanwhile, new British Chambers of Commerce figures indicate that the UK will see more rapid wage growth in the near future.

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