Salaries
UK workers suffer biggest drop in real pay of top 10 economiesA 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. |
Staff numbers and salaries rise adding to hope for economyA 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: 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." |
Boris Johnson joins Milibands in living wage pushBoris 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. |
Minimum wage increases to £6.19ph for over 21'sThe 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 jobs survey shows resilience of UK jobs marketData released by KPMG shows that temporary positions are rising and the decline in permanent jobs is easing pointing to economic recovery. |
Private sector pay deals declineResearch 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 net income to feel secureNew 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. |
One in 10 part-timers on £40,000 salary scaleOne 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. |
Executive pay up 10% in 2011 but Cable set to water down reformsA 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. |
FTSE 100 finance directors get 9.5% pay hikeBritain’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 chief Andrew Moss quits amid pay stormAndrew 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. |
3,000 council workers earn more than £100,000A record number of council employees across the UK are earning in excess of £100,000, research from the TaxPayers' Alliance reveals. |
Inflation means minimum wage now worth less than in 2004Inflation 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. |
Graduate salaries to fall to lowest level since 2003Graduate 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 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. |
Vince Cable announces government plans on executive payThe 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. |
Average earnings in UK rise 3.5 times less than current CPIThe 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 salaryA new report has branded the high level of executive pay "corrosive" to society and threatens to create inequalities last seen in the Victorian era. |
Base pay for city staff up 12% to £83,000 despite euro crisisPay 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 rises to 2.62 million, youth levels breach 1 millionThe Office for National statistics released unemployment data for September which shows a rise above forecast and confirms that youth unemployment is above one million. |
FTSE 100 directors pay rises by 49 per cent in just one yearDirectors' salaries up 49 per cent in last financial year, report reveals. |
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. |
CMI report reveals gender pay gap will take 98 years to equaliseA 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. |
Just 25% of UK workers to get pay rise in 2011, says CIPDAccording to the Chartered Institute of Personnel & Development (CIPD) 75 per cent of UK employees will not receive any sort of pay rise in 2011. |
