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Compensation

    • Bonuses
    • Compensation
    • Latest News

    Below-inflation pay awards but optimism ahead

    by Jo Faragher 21 Jun 2021
    by Jo Faragher 21 Jun 2021

    Average pay awards still lie below inflation at 2%, according to data from HR and reward consultancy Paydata.

    • Compensation
    • Latest News
    • Pay & benefits

    Salary structure top priority for half of reward professionals

    by Zoe Wickens 1 Jun 2021
    by Zoe Wickens 1 Jun 2021

    Almost half (49%) of reward professionals identified a robust salary structure as their top priority for the year ahead, according to new data from XpertHR.

    • Compensation
    • Latest News
    • Inflation

    April pay deals look sunnier but inflation casts a shadow

    by Jo Faragher 20 May 2021
    by Jo Faragher 20 May 2021

    April, the busiest month for pay rises, sees most pay increases improve, but a jump in inflation could be cause for concern.

    • Bonuses
    • Coronavirus
    • Compensation

    Logistics giant criticised for furlough use while paying CEO bonus

    by Ashleigh Webber 10 May 2021
    by Ashleigh Webber 10 May 2021

    Unions are disappointed that XPO Logistics has paid its CEO a $3.3m bonus while claiming millions in furlough grants.

    • Bonuses
    • Corporate governance
    • Compensation

    Boohoo may link bosses’ bonuses to ESG improvements

    by Ashleigh Webber 27 Apr 2021
    by Ashleigh Webber 27 Apr 2021

    Online retailer criticised for poor working practices in its supply chain looks to shake up executive bonuses.

    • Bonuses
    • Coronavirus
    • Compensation

    Foxtons investors rally against chief executive bonus

    by Jo Faragher 23 Apr 2021
    by Jo Faragher 23 Apr 2021

    Almost 40% of investors voted against an almost £1m bonus for the chief executive of Foxtons at its annual general meeting yesterday.

    • Bonuses
    • Compensation
    • Latest News

    Deliveroo error sees riders paid inflated bonuses

    by Adam McCulloch 15 Apr 2021
    by Adam McCulloch 15 Apr 2021

    Deliveroo’s plans to say reward its most experienced riders with bonuses saw many riders receiving the wrong amounts.

    • Shielding
    • Benefits
    • Coronavirus

    CIPD: Improve financial wellbeing for staff hit by pay challenges

    by Jo Faragher 5 Mar 2021
    by Jo Faragher 5 Mar 2021

    Almost half of organisations do not have a financial wellbeing programme in place, the CIPD's survey found.

    • Coronavirus
    • Bonuses
    • Compensation

    Law firms award bonuses over salary increases

    by Ashleigh Webber 15 Feb 2021
    by Ashleigh Webber 15 Feb 2021

    Law firms have been rewarding staff with regular or ‘spot’ bonuses to make up for pay cuts or freezes made when the Covid-19 pandemic first hit.

    • National living wage
    • Compensation
    • Latest News

    Morrisons £10 an hour pay deal is first for UK supermarket

    by Jo Faragher 13 Jan 2021
    by Jo Faragher 13 Jan 2021

    Supermarket chain Morrisons has promised to pay staff a minimum of £10 an hour in a new pay deal that...

    • Europe
    • Bonuses
    • Compensation

    Executive pay: financial incentives damage long-term profits

    by Rob Moss 6 Jan 2021
    by Rob Moss 6 Jan 2021

    The more focus companies put on financial incentives for CEOs’ bonuses, the worse the firm’s commercial performance, according to a...

    • Bonuses
    • Compensation
    • Latest News

    FTSE 100 CEOs earn average annual wage in just 34 hours

    by Jo Faragher 6 Jan 2021
    by Jo Faragher 6 Jan 2021

    The median FTSE 100 CEO’s earnings will surpass that of the median annual wage for a full-time worker in the...

    • Bonuses
    • Financial services
    • Compensation

    New Lloyds Bank boss to be paid up to £5.5m

    by Adam McCulloch 1 Dec 2020
    by Adam McCulloch 1 Dec 2020

    Lloyds Banking Group's new boss will be paid up to £5.5m in annual pay and bonuses – about a fifth less than his predecessor.

    • Brexit
    • Bonuses
    • Coronavirus

    The impact of Covid-19 on senior executives’ contracts

    by Simon Gorham 20 Oct 2020
    by Simon Gorham 20 Oct 2020

    Senior executives' relationship with new employers is changing as they look to safeguard their positions against a background of instability.

    • Brexit
    • Coronavirus
    • Compensation

    One in five employers cut pay in response to pandemic

    by Ashleigh Webber 22 Sep 2020
    by Ashleigh Webber 22 Sep 2020

    Almost a fifth (18%) of organisations have had to cut pay because of the pressures brought by the pandemic, while...

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