Unite has welcomed Northern Rock's decision to pay out staff bonuses despite the fact that the mortgage lender failed to make a profit last year.
The bank's chief executive Gary Hoffman defended paying out rewards to 32 staff, saying the company was
More...11 March 2010 08:47 Fresh fears of a "jobless recovery" resurfaced today as a labour market survey forecast slim recruitment intentions for the second quarter of the year.
The Manpower Employment Outlook survey, based on 2,100 employers, showed just a 1% rise in hiring
More...09 March 2010 11:51 The number of people placed into permanent jobs saw the greatest increase in two-and-a-half years last month, research has revealed. The monthly Report on Jobs survey by the Recruitment and Employment Confederation (REC) and KPMG found that the in
More...03 March 2010 00:01
Kirsty Ayre, partner at Pinsent Masons, comments on the contractual position on pay freezes and pay reviews.
More than half of the UK's workforce – 16 million workers – do not expect a pay rise in 2010, a survey has
More...02 March 2010 08:23 HSBC and Standard Chartered banks' chief executives have pledged to give their bonuses, totalling about £6m, to charity.
Michael Geoghegan, boss of HSBC, and Peter Sands, the head of Standard Chartered, are both set to accept their bonuses, expected
More...01 March 2010 09:41 The government is today due to publish a 10-point plan for councils to help them cut spending while protecting frontline services.
The new system of council budgeting, called Total Place, comes as a BBC survey found that councils estimated one in 1
More...01 March 2010 09:23 RBS has reported a pre-tax loss of £3.6bn for the past financial year, but is still set to pay out £1.3bn in bonuses to its investment bankers.
The bank, which is 84% owned by the state, is expected to face criticism after the UKFI, the body which o
More...25 February 2010 09:57 Leeds City Council is to shed about 300 jobs as it tries to cut costs in wake of the recession.
It is one of a number of councils that have been forced to make job cuts to prepare for reduced budgets and a fall in income, including Cambridgeshire C
More...25 February 2010 09:40 Employers are planning on overhauling the way their organisations manage people post-recession, which could spell significant changes to HR models over the next decade, according to new research.
A study of about 70 UK CEOs found that 85% are plann
More...23 February 2010 15:39 Industry leaders in the beer trade have called on the UK government to freeze its plan to raise taxes on beer and help save 7,500 jobs.
Beer tax has risen by 20% since March 2008, raising the industry's tax bill by £600m during one of the harshest
More...23 February 2010 15:23 British scientists will head to the US if the next governments cuts funding, according to a group of America's most respected scientists.
Regardless of who wins the general election, the next government is expected to cut the £3bn science budget in
More...23 February 2010 11:11 More managers left their jobs voluntarily in the past year than in the preceding 12 months, despite the recession, latest research from XpertHR salary survey reveals.
The research, carried out jointly by XpertHR Salary Surveys and
More...23 February 2010 08:37 RBS chief executive Stephen Hester will not take his £1.6m bonus for 2009, it has emerged. The news follows the decision by Barclay's chief executive John Varley and Bob Diamond, head of the investment banking arm of the bank, to decline their bonus
More...22 February 2010 09:02 Incoming Marks & Spencer chief executive Marc Bolland will be prevented from poaching executives from Morrisons for a year, it has emerged .
Bolland, who is set to join M&S on 1 May with a £15m 'golden hello', will be banned from recr
More...22 February 2010 08:38 The sharp spike in part-time working during the recession indicates it could take workforces "several years" to fully recover, experts have warned.
Official figures released last week revealed that the number of people working part-time in the thre
More...22 February 2010 08:28What do you think the biggest change to employment legislation under a Conservative government might be?
More...17 February 2010 12:23 Steel production at the Corus plant on Teeside will cease within a week, staff have been told.
Teesside Cast Products (TCP) blast furnace at Redcar, has been at risk since potential buyers withdrew from a 10-year contract. Mothballing will be
More...16 February 2010 09:37 The Conservatives have reiterated a pledge to create public sector worker co-operatives to enable staff to decide how the services they provide are run....
More...15 February 2010 13:27 Redundancies look set to almost double in the first quarter of 2010 as the downturn hits the public sector before the private sector has recovered.
The Labour Market Outlook survey by KPMG and the Chartered Institute of Personnel and Development (CI
More...15 February 2010 09:02 Hundreds of jobs are at risk after Britain's biggest children's charity announced it would close dozens of offices.
The National Society for the Prevention of Cruelty to Children (NSPCC) said as part of a radical three-year "restructuring plan" the
More...15 February 2010 08:53