Staff a high street retailer Woolworths have been reassured they will be paid their salaries in full tomorrow, despite the company going bust. Professional services firm Deloitte has been appointed administrator to the 99-year-old retailer and Enter  More...
27 November 2008 10:36

"Painful" wage cuts for millions of workers worldwide are expected next year, experts predict. The Global Wage Report 2008/09 by the International Labour Organization (ILO) predicts that global growth in wages will be just 1.1% in 2009, down fro  More...
27 November 2008 08:01

The government's Pre-Budget Report may not save any jobs in the long run, an expert has warned. Chancellor Alistair Darling yesterday announced a £1bn Small Business Finance Scheme to ease the effects of the credit crunch on employers and saf  More...
25 November 2008 09:00

In today's climate, many employers are looking to cut costs without actually making redundancies. A short-term solution worth considering is the introduction of short-time working. However, while this can be an effective way to make savings without reduc  More...
13 November 2008 08:59

Luxury yacht builder Fairline Boats has drastically cut the hours of hundreds of workers due to the economic crisis. The Northamptonshire firm has announced that four of the its five production lines will work just two days a week from this week unt  More...
11 November 2008 14:00

Line managers will come under pressure during the economic downturn, affecting their teams' productivity, an expert warned. Penny de Valk, chief executive of the Institute of Leadership & Management, has warned that managers will ignore their t  More...
04 November 2008 10:11

Local government authorities may be forced to move funds from training and employee welfare to cover salaries following the fallout from the banking collapse in Iceland, experts have warned. Jim Savege, lead on pay for the Public Sector People Mana  More...
16 October 2008 09:52

Senior UK executives are unfazed by the economic downturn and believe working as usual and focusing on training will steer them through unharmed, a survey has found. A survey by the Chartered Management Institute (CMI) of 1,118 senior executives foun  More...
14 October 2008 11:05

Local authorities have saved a total of £1.2bn through changes to back office functions such as HR, according to the public sector spending watchdog. The Audit Commission said reforms to functions like human resources, IT, facilities management, fina  More...
09 October 2008 07:17

The number of employers seeking help with making redundancies has risen by almost one third, the Chartered Institute of Personnel and Development (CIPD) reports. Figures from September show a 28% increase in enquiries on the CIPD's legal helpline, w  More...
08 October 2008 09:11

Professionals are turning their backs on volunteering as the economic crunch takes hold, according to a leading aid charity. Voluntary Service Overseas (VSO), which places office workers in volunteering roles overseas, has warned that more than 20% o  More...
07 October 2008 07:28

Temporary staff and contractors need to review their working styles or risk falling behind as employers re-evaluate their staffing levels, a survey suggests. The Global Contingent Worker poll, conducted by research company Loudhouse, found that half   More...
07 October 2008 01:00

Jackie Orme, the Chartered Institute of Personnel and Development (CIPD) chief executive, said that HR is in the midst of a "quiet revolution". She told delegates at the HR Directors Club networking dinner that the profession had come a long way i  More...
06 October 2008 09:49

Bradford & Bingley is facing "many more" job losses after it was nationalised today, MPs have claimed. George Mudie, Leeds East Labour MP and member of the House of Commons Treasury committee, said it was inevitable that there would be more redun  More...
29 September 2008 11:52

Alistair Darling has sought to reassure Labour delegates that despite "unprecedented economic challenges" faced by the UK, the government had the right policies to deal with them. Speaking at the Labour Party Conference in Manchester, the chanc  More...
22 September 2008 13:51

The HR director for XL Leisure Group, which went into administration last week leaving thousands of holidaymakers stranded overseas, has told of her team's struggles to help employees at the tour operator. The company's 1,700 employees face an   More...
19 September 2008 16:45

HR staff at Lloyds TSB and HBOS face the axe after initial details of the £12.2bn takeover were revealed. According to the deal agreement, Lloyds TSB has estimated cost savings in excess of £1bn by combining the networks and back offices of the two  More...
18 September 2008 16:07

The CIPD seems to be taking business lessons from toothsome Sixties musical legend Tommy Steele.  More...
18 September 2008 15:46

Thousands of Lehman Brothers' staff who have continued working since the bank went bust will get paid this month, according to the firm's administrators PricewaterhouseCoopers (PwC) said about 4,500 employees will be paid their salary for the p  More...
18 September 2008 09:34

UK staff working for Lehman Brothers could go unpaid this month after it became apparent that the firm had run out of money. The US investment bank, which filed for bankruptcy yesterday (15 September), employs about 5,000 people in the UK  More...
16 September 2008 10:22