Salaries

UK employees have seen real wages fall by 4.5% between 2007 and 2011

UK workers suffer biggest drop in real pay of top 10 economies

A new study by the TUC reveals that UK workers have seen their real income drop by more than any of the other top 10 developed countries.

Bright signs for the jobs market

Staff numbers and salaries rise adding to hope for economy

A new survey shows that recruiters are increasing the number of vacancies on offer to both permanent and temporary staff and salaries are increasing as a result.

IDS says welfare payment increases since 2008 have been almost double that of private sector salaries

IDS: Benefit reforms ensure "it always pays to be in work"

Iain Duncan Smith wants to break the link between benefit increases and inflation and says the Universal Credit is being introduced to ensure "it always pays to be in work."

Labour leader Ed Miliband and his brother David

Boris Johnson joins Milibands in living wage push

Boris Johnson has announced that the living wage will rise in London and joins Ed and David Miliband in calling for the introduction of a minimum living wage.

Workers under 21 will not see a rise in the minimum wage

Minimum wage increases to £6.19ph for over 21's

The minimum wage has risen by 1.8 per cent from £6.08 to £6.19 an hour for over 21's but workers under that age see theor wages frozen.

KPMG data suggests the UK jobs market is growing

KPMG jobs survey shows resilience of UK jobs market

Data released by KPMG shows that temporary positions are rising and the decline in permanent jobs is easing pointing to economic recovery.

Private pay deals have fallen, according to the IDS

Private sector pay deals decline

Research from the Incomes Data Services show that pay deals in the private sector have fallen from 2.5 per cent to just 0.5 per cent in the three months to July.

UK households need £4,000 a month to feel financially secure

UK households need £4,000 a month net income to feel secure

New research suggests that the average UK household needs to find an extra £1,500 a month just to feel financially secure as salary increases fail to keep pace with rising prices.

Some senior jobs are part-time posts

One in 10 part-timers on £40,000 salary scale

One in 10 part-time workers is on a salary scale of at least £40,000 a year, challenging the general belief that top jobs are always full-time positions.

Vince Cable may dilute plans to allow shareholders binding votes on executive pay

Executive pay up 10% in 2011 but Cable set to water down reforms

A new survey by Manifest, the proxy voting agency reveals the average pay of a FTSE 100 chief executive rose by ten per cent in 2011 reigniting the row over executive pay.

9.5% pay rise for finance directors

FTSE 100 finance directors get 9.5% pay hike

Britain’s top firms gave their finance directors a 9.5 per cent pay rise on average last year, taking typical income to more than £1 million, a new report shows.

Aviva boss Andrew Moss steps down

Aviva chief Andrew Moss quits amid pay storm

Andrew Moss has resigned as chief executive of Aviva with immediate effect after the insurer lost a shareholder vote over pay at its annual meeting last week.

Council workers' six-figure salaries revealed

3,000 council workers earn more than £100,000

A record number of council employees across the UK are earning in excess of £100,000, research from the TaxPayers' Alliance reveals.

The minimum wage has not kept up with inflation in the past three years

Inflation means minimum wage now worth less than in 2004

Inflation means that the last three annual rises to the minimum wage mean workers have seen a reduction in the real value of their salary, according to a new report.

Inflation eroding graduate starting salaries

Graduate salaries to fall to lowest level since 2003

Graduate pay is set to drop in real terms this year as the rising cost of living continues to outpace starting salaries, new research shows.

RBS chief speaks out on bankers' salaries

RBS considers bonus ban as chairman says 'something has to change'

Royal Bank of Scotland chairman Sir Philip Hampton has conceded that salaries in the banking industry are higher than they should be and must be corrected.

The business secretary Vince Cable has announced reforms to the rules governing executive pay

Vince Cable announces government plans on executive pay

The business secretary, Vince Cable, has presented his plans to parliament on how to curb excessive executive pay but Labour say his plans do not go far enough.

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.

HPC reveals top Lloyds and Barclays staff earn 75 times ave salary

HPC reveals top Lloyds and Barclays staff earn 75 times ave salary

A new report has branded the high level of executive pay "corrosive" to society and threatens to create inequalities last seen in the Victorian era.

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.

Unemployment increased to 2.62 million in September

Unemployment rises to 2.62 million, youth levels breach 1 million

The Office for National statistics released unemployment data for September which shows a rise above forecast and confirms that youth unemployment is above one million.

Directors' pay has soared in the last year, it has been revealed

FTSE 100 directors pay rises by 49 per cent in just one year

Directors' salaries up 49 per cent in last financial year, report reveals.

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.

Wage increases are non-existent for most UK employees in 2011

Just 25% of UK workers to get pay rise in 2011, says CIPD

According to the Chartered Institute of Personnel & Development (CIPD) 75 per cent of UK employees will not receive any sort of pay rise in 2011.

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