Pay for top UK chief executives has shot up in the past year, according to a guide published this week. Hay Management Consultants’ Boardroom Remuneration Guide shows the cash earnings of the top 5 per cent of UK CEOs increased by 18.6 per cent in the year to May 2000, compared to 14.3 per cent to May 1999. Tel 020-7881 7000.
FE pay under scrutiny
The Association of Colleges has begun a survey that will provide the first comprehensive view of pay and conditions in further education colleges since 1993. Employment ministers say they must have a thorough workforce analysis before they can deploy the extra £50m announced by the Chancellor last month to reward the best teachers.
Matter of principals
Further education colleges need a more structured approach to management training to create a new generation of principals. At the Association of Principals of Colleges, Geoff Terry, chief executive of the Further Education National Training Organisation, said colleges would lose more than 270 principals through retirement and other reasons over the next 10 years.
Tupe precedent set
A European court ruling puts beyond doubt that the vast majority of public sector transfers come under Tupe. In Collino and Chiappero v Telecom Italia, the court ruled Article 20012 of the Italian Civil Code – equivalent to Tupe – applied where a public telecommunications company was transferred to a private company funded by a public body.
Gender tendencies
Sexual stereotypes restrict career options, a Cabinet Office report has claimed. Women are less likely to study physical sciences and IT, but men are more likely to underachieve in education.
Understanding AESOP
The majority of companies are now knowledgeable about the All Employee Share Ownership Plan (AESOP), a survey reveals. However criticism of the National Insurance charge on unapproved share options remained strong. The PricewaterhouseCoopers survey brought together the views of 109 of the FTSE 350 companies.
www.pricewaterhousecoopers.co.uk
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Top award for unit
Hackney Council has scooped an award for its campaign to publicise its Independent Referral Unit. The Core Communications Team was awarded a top prizes for internal communications at the annual meeting of the Institute of Public Relations last month. The service provides an independent way for council staff to report incidents of workplace racial discrimination.