Pay

Figures reveal growing pay gap between sectors

Public sector pay 8% higher than private sector as gap widens

The average public sector worker was paid around 8.2 per cent more per hour than a typical private sector employee last year, latest ONS figures reveal.

The national minimum wage will increase to £6.19 per hour from October 2012

UK minimum wage rises to £6.19ph unless you are under 21

The minimum wage is set to increase by 11p an hour to £6.10 from October for employees aged 21 and over but most workers under 21 will see no rise.

Barclays chief Bob Diamond received total pay including bonuses of £6.3m for 2011

Bob Diamond gets £6.3m as Barclays bonus pool falls by 25%

Barclays profit fell by three per cent to £5.88bn but its bonus pool dropped by 25 per cent as its chief executives total pay for 2011 fell from £9m in 2010 to £6.3m.

The CIPD reports that employees average pay rises for 2012 will be 1.7%

CIPD data suggests pay rises will be close to inflation in 2012

Research by the CIPD in which 1,000 employers were surveyed reveals employers expect to increase pay by an average of 1.7% in 2012 as inflation falls towards two per cent.

Labour says the government can block Network Rail bonuses

Network Rail chiefs turn down bonuses

Top executives at Network Rail have announced that they will not accept bonuses this year after coming under political pressure to waive them.

The ONS reports that average earnings are failing to keep pace with inflation

Average earnings in UK rise 3.5 times less than current CPI

The Office for National Statistics (ONS) reports that average earnings for full-time employees rose by just 1.4 per cent, 3.5 times less than the current rate of inflation.

Pay increases for city workers have increased by 12%, according to new research

Base pay for city staff up 12% to £83,000 despite euro crisis

Pay in the City of London has increased to an average of £83,000, according to new figures from financial services recruitment firm Astbury Marsden.

Public sector worker pay increases are 'lagging behind' the private sector

Private sector pay increases rise faster than public sector

Private sector salaries are increasing more rapidly than those in the public sector, although both figures are lower than the current rate of inflation.

Vince Cable is set to make his keynote speech at the Liberal Democrat conference today

Cable to target fat cats by giving shareholders more control over pay

Vince Cable has said that shareholders should have more say in rewarding or penalising company directors on pay based on the success or failure of the companies they represent.

Bosses' bonuses have risen sharply in the last decade, it has been revealed

Top bosses' bonuses 'rise by 187 per cent in ten years'

Bonus packages for FTSE 100 company directors have soared since 2002, a study has revealed.

Female managers are still paid less then their male counterparts, according to the CMI

CMI report reveals gender pay gap will take 98 years to equalise

A new salary survey conducted by the Chartered Management Institute (CMI) reveals that female junior managers are paid more than their male counterparts but, overall, the gender pay gap is widening.

City bonuses stayed at the same level as last year, according to the ONS

Bankers bonuses stay at last years level, £13.6 billion

A new report from the Office for National Statistics (ONS) reveals that the bonus culture of the financial sector is alive and well despite the agreement reached under 'Project Merlin'.

UK taxes are the fourth-highest in the G8

UK personal taxes "amongst the highest"

The UK consistently ranks as the fourth-highest taxer in the G8, whether you earn £12,000 or £120,000 a year.

Commuting unlocks high-skilled well-paid jobs

Commuters who travel further earn more

ONS figures show longer commutes are associated with well-paid, full-time, highly skilled positions.

HMRC plans to claim unpaid taxes via PAYE

PAYE 'not ideal' for paying outstanding taxes

A rigid PAYE system to recoup unpaid taxes could lead to financial difficulties if individuals' circumstances change.

Households are increasingly uncertain about the outlook for their finances, the poll found.

Looming election 'hits consumer confidence'

Consumer confidence suffered a sharp downturn in March as the prospects of a tightly-run general election on May 6th clouded people's outlook for their personal income and the wider economy.

Half of British employees think they are not paid what they are worth, according to the survey.

Survey: 50% of employees feel undervalued

Half of British workers feel they are being paid less than they deserve, according to a new survey.

16 million Britons do not expect to receive a pay rise this year.

16m expect no pay increase in 2010

Some 16 million people, or 57% of the UK workforce, do not expect their salary to increase at all this year.

Royal borough royally rich

The Royal Borough of Kensington and Chelsea has become the first area in the country to break through the £100,000 barrier for the average household income.